New CBN Rules for Agent Banking and Why OPay Stands Out in the New Era
Author: akintayo eribakePublished on: April 9, 2026Country: Nigeria
Business & Economy

On April 1, 2026, the Central Bank of Nigeria (CBN) introduced new guidelines to regulate the operations of Point of Sale (PoS) agents. Each agent must now work with only one financial institution, enhancing transparency and reducing fraud. These changes aim to ensure safer and more reliable transactions for Nigerians while allowing agents to grow their businesses in a more structured environment.
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