Trending News: Dangote  Group  Showcases Products  at Abuja Fair2027: Lawyer Asks Court to Stop Jonathan from RunningFG Inaugurates Expanded Negotiation Committee to Forestall ASUU, Other Unions’ StrikeCourt Restrains Faction from Organizing NYCN ElectionOjulari: Nigeria Lost over 600,000 Barrels of Oil to PENGASSAN’s 3-day StrikePresident Rallies Support for Dangote, Highlights His Contributions to EconomyBarau: North’ll Repay Tinubu’s Kindness in 2027Terminally Ill Retired AVM Dies Onboard British AirwaysHouse Moves to Review Economic, Regulatory, Security Implications of Cryptocurrency, PoSSenate Resolves to Tackle US Govt over ‘Christian Genocide’ Talks, Resumes  TodayNorthern Elders Secure $10bn for Mining, Agriculture, PowerWale Edun: Nigeria Must Unlock Climate Funds to Develop Infrastructure, Green Energy, JobsEnoh: New Industrial Policy to Clear Obstacles for Foreign InvestorsTop 5 Women Entrepreneurs Shortlisted for N20 Million Unicorn ProjectRevenue Generation: FAAN Launches Cashless Universal Card at Abuja AirportAdelabu: With FG’s Reforms, Discos’ Revenue to Hit N2tn By End of 2025FG Committed to Ensuring Global Competitiveness, Relevance of National Education InstitutionsNLNG: With 45m Tonnes of New Global Supplies, Africa’s LNG Output May Hit 120MPTA By 2035FCCPC Approves Coca-Cola’s Sale of CHI Limited to UACFirst Lady Takes Bold Step to Protect Lives and Future of Nigerian ChildrenVERVELIFE 8.0: Lagos Set to Host Africa’s Biggest Fitness PartyBANDITRY AND ABDICATION OF DUTY IN NIGERBETWEEN RHETORIC AND REALITYECOWAS Court Judgement Nullifying Blasphemy Laws in Kano StateTinted Glass: NBA-SPIDEL Threatens Contempt Proceedings Against Police SpokesmanZarephath Aid Founder Calls for Audit of Inmates in Correctional FacilitiesUNILAG Celebrates 43 Law Graduates Who Made 1st Class in 2024 Bar ExamsISACA Celebrates World Community Day with Medical Outreach Proof of Murder Where the Victim’s Body Cannot be FoundTinubu Celebrates Dele Alake at 69, Describes him as consummate strategist, outstanding journalist, accomplished public servantScience Minister’s Suit against Certificate Forgery Allegations StalledTinubu Orders Reduction of 2026 Hajj FareCouncil of State, Police Council to Meet Presidential Villa Over Rising Insecurity ThursdayBandits Kill Two, Kidnap Village Head, One Other in KwaraBendel Insurance Coach, Ikhenoba, Suspended, Bazuaye Takes overMotherland 2025 Celebrates Nigeria’s Independence in US Cities, Roadshows Slated for Lagos, Abuja DecKwara Partners Digital Africa to Train Pupils on AI As Innovation Hub Deepens ImpactsAfrinvest Takes Investment Drive to Enugu, Launches OfficeNNPCL GCEO: Nigeria Lost 200,000bpd Of Crude Oil To PENGASSAN Strike 2027: Lawyer Asks Court to Stop Jonathan from Running Ureny Set to Sail With ‘Melody’, a Hit on ArrivalMarwa: Nigeria’s Next Drug Control Master Plan Must Address Emerging ThreatsDemonstrate Openness, Fairness to Attract Investments, NESG Boss Urges FGAt 31st Nigerian Economic Summit, Tinubu Justifies Establishment Of N200bn Intervention Fund For MSMEs, ManufacturersFirm Launches Initiative to Create Jobs, Affordable Solar Energy in EkitiCoastal Highway: Foreign Investors’ Confidence Under Threat, Investor Tells TinubuBREAKING: Nigerian Journalist Fejiro Oliver Slams N1billion Lawsuit Against Delta Governor Oborevwori, Senator Dafinone, IGP, Others2027 Polls: Women Association Vows To End Political MarginalisationPENGASSAN-Dangote Dispute: Tinubu Calls for Caution, RetrospectionSenate Resumes Plenary Tuesday, Set to Tackle US Over ‘Christian Genocide’ TagWorld Habitat Day: Sanwo-Olu Urges Teamwork on Flood ControlWorld Teachers Day: NLC Decries Poor Teachers’ Remuneration by School OwnersKingsley Anyaragbu: Redefining Africa’s Digital Future Through Artificial IntelligenceTinubu Returns To Abuja Monday After 10-Day Working Visit To LagosEXCLUSIVE: Daughter Of Former NFF Technical Director Accuses MFM General Overseer Olukoya Of Sexual Harassment, Withholding Husband’s Music WorksFear of Epidemic as Butchers Accuse LG Chairman of Ozoro Abattoir NeglectSuspected Herdsmen Kill Two in Renewed Benue AttackLife Card International Unveils Dubai OfficeMutiat Ladoja Charges Govts, Nigerians to Assist PLWDMike Adenuga’s CSR: The Spirit you don’t See, but feelBREAKING: Nigerian Senate Moves To Counter ‘Christian Genocide’ Narrative, Says Violence Not Religious, To Engage U.S. Lawmakers, OthersAppeal Court Quashes Suspension of Trade Union by Gov MakindeKatsina CSOs Demand Improved Budget for EducationArmy, Police Rescue Six Kidnap Victims in TarabaGarlands for the Guardian of the Mines at 69NUPRC Releases 4-year Scorecard, Nigeria’s Rig Count Jumps 762% to 69Uncertainty as US Delays on AGOA Renewal, UN Expresses WorryStrike: Dangote Refinery Lauds Tinubu, Ribadu, Ajayi, Others over Roles in Settling DisputeNOSDRA, NIPC, ICPC top 2025 Transparency Index as Over 500 MDAs Rank LowHousing Sector as Driver of Economic Prosperity in Ogun StateCPPE:  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WorsensEvery Day, Nigerians Go Hungry While Their Pastors Buy Private Jets –Former NLC Vice PresidentDSS Apologizes, Releases Wrongfully Arrested Journalists in JosMy Mission is to Unite All Nigerians, Says Tinubu, Preaches against Religious DivisionsI Never Accused Buhari of Links to Boko Haram, Jonathan ClarifiesWith 64% Contribution, Equities Raise Total Market Capitalisation on Nigerian Exchange to N140.6tn
Tue. Oct 7th, 2025
Trending News: Dangote  Group  Showcases Products  at Abuja Fair2027: Lawyer Asks Court to Stop Jonathan from RunningFG Inaugurates Expanded Negotiation Committee to Forestall ASUU, Other Unions’ StrikeCourt Restrains Faction from Organizing NYCN ElectionOjulari: Nigeria Lost over 600,000 Barrels of Oil to PENGASSAN’s 3-day StrikePresident Rallies Support for Dangote, Highlights His Contributions to EconomyBarau: North’ll Repay Tinubu’s Kindness in 2027Terminally Ill Retired AVM Dies Onboard British AirwaysHouse Moves to Review Economic, Regulatory, Security Implications of Cryptocurrency, PoSSenate Resolves to Tackle US Govt over ‘Christian Genocide’ Talks, Resumes  TodayNorthern Elders Secure $10bn for Mining, Agriculture, PowerWale Edun: Nigeria Must Unlock Climate Funds to Develop Infrastructure, Green Energy, JobsEnoh: New Industrial Policy to Clear Obstacles for Foreign InvestorsTop 5 Women Entrepreneurs Shortlisted for N20 Million Unicorn ProjectRevenue Generation: FAAN Launches Cashless Universal Card at Abuja AirportAdelabu: With FG’s Reforms, Discos’ Revenue to Hit N2tn By End of 2025FG Committed to Ensuring Global Competitiveness, Relevance of National Education InstitutionsNLNG: With 45m Tonnes of New Global Supplies, Africa’s LNG Output May Hit 120MPTA By 2035FCCPC Approves Coca-Cola’s Sale of CHI Limited to UACFirst Lady Takes Bold Step to Protect Lives and Future of Nigerian ChildrenVERVELIFE 8.0: Lagos Set to Host Africa’s Biggest Fitness PartyBANDITRY AND ABDICATION OF DUTY IN NIGERBETWEEN RHETORIC AND REALITYECOWAS Court Judgement Nullifying Blasphemy Laws in Kano StateTinted Glass: NBA-SPIDEL Threatens Contempt Proceedings Against Police SpokesmanZarephath Aid Founder Calls for Audit of Inmates in Correctional FacilitiesUNILAG Celebrates 43 Law Graduates Who Made 1st Class in 2024 Bar ExamsISACA Celebrates World Community Day with Medical Outreach Proof of Murder Where the Victim’s Body Cannot be FoundTinubu Celebrates Dele Alake at 69, Describes him as consummate strategist, outstanding journalist, accomplished public servantScience Minister’s Suit against Certificate Forgery Allegations StalledTinubu Orders Reduction of 2026 Hajj FareCouncil of State, Police Council to Meet Presidential Villa Over Rising Insecurity ThursdayBandits Kill Two, Kidnap Village Head, One Other in KwaraBendel Insurance Coach, Ikhenoba, Suspended, Bazuaye Takes overMotherland 2025 Celebrates Nigeria’s Independence in US Cities, Roadshows Slated for Lagos, Abuja DecKwara Partners Digital Africa to Train Pupils on AI As Innovation Hub Deepens ImpactsAfrinvest Takes Investment Drive to Enugu, Launches OfficeNNPCL GCEO: Nigeria Lost 200,000bpd Of Crude Oil To PENGASSAN Strike 2027: Lawyer Asks Court to Stop Jonathan from Running Ureny Set to Sail With ‘Melody’, a Hit on ArrivalMarwa: Nigeria’s Next Drug Control Master Plan Must Address Emerging ThreatsDemonstrate Openness, Fairness to Attract Investments, NESG Boss Urges FGAt 31st Nigerian Economic Summit, Tinubu Justifies Establishment Of N200bn Intervention Fund For MSMEs, ManufacturersFirm Launches Initiative to Create Jobs, Affordable Solar Energy in EkitiCoastal Highway: Foreign Investors’ Confidence Under Threat, Investor Tells TinubuBREAKING: Nigerian Journalist Fejiro Oliver Slams N1billion Lawsuit Against Delta Governor Oborevwori, Senator Dafinone, IGP, Others2027 Polls: Women Association Vows To End Political MarginalisationPENGASSAN-Dangote Dispute: Tinubu Calls for Caution, RetrospectionSenate Resumes Plenary Tuesday, Set to Tackle US Over ‘Christian Genocide’ TagWorld Habitat Day: Sanwo-Olu Urges Teamwork on Flood ControlWorld Teachers Day: NLC Decries Poor Teachers’ Remuneration by School OwnersKingsley Anyaragbu: Redefining Africa’s Digital Future Through Artificial IntelligenceTinubu Returns To Abuja Monday After 10-Day Working Visit To LagosEXCLUSIVE: Daughter Of Former NFF Technical Director Accuses MFM General Overseer Olukoya Of Sexual Harassment, Withholding Husband’s Music WorksFear of Epidemic as Butchers Accuse LG Chairman of Ozoro Abattoir NeglectSuspected Herdsmen Kill Two in Renewed Benue AttackLife Card International Unveils Dubai OfficeMutiat Ladoja Charges Govts, Nigerians to Assist PLWDMike Adenuga’s CSR: The Spirit you don’t See, but feelBREAKING: Nigerian Senate Moves To Counter ‘Christian Genocide’ Narrative, Says Violence Not Religious, To Engage U.S. Lawmakers, OthersAppeal Court Quashes Suspension of Trade Union by Gov MakindeKatsina CSOs Demand Improved Budget for EducationArmy, Police Rescue Six Kidnap Victims in TarabaGarlands for the Guardian of the Mines at 69NUPRC Releases 4-year Scorecard, Nigeria’s Rig Count Jumps 762% to 69Uncertainty as US Delays on AGOA Renewal, UN Expresses WorryStrike: Dangote Refinery Lauds Tinubu, Ribadu, Ajayi, Others over Roles in Settling DisputeNOSDRA, NIPC, ICPC top 2025 Transparency Index as Over 500 MDAs Rank LowHousing Sector as Driver of Economic Prosperity in Ogun StateCPPE:  Nigeria Needs Investor, Employer Protection Law Against Intimidating Regulatory Agencies, Labour Union CBN Committed to Boosting Productivity, Strengthening Economy Against External Shocks, Says SpokespersonFG to Ensure Zero Tolerance for Substandard Medical Equipment in Hospitals, Says Salako Alake: Let’s Make Minerals Fulcrum of Africa’s Transformative IndustrializationBarau to Empower 10,000 Less Privileged Persons in Kano with N200m Cash GrantNDLEA Smashes Cocaine Cartels Behind 6 UK-bound Shipments, Arrests Arrowhead, 5 OthersPANDEF Urges Tinubu to Immortalise Arase, Decries Niger Delta NeglectAliyu Tells Critics to Stop Politicising SecurityTinubu Felicitates Ex-CDS, General Lucky Irabo At 60First Lady: We Must Confront Shortage of Teachers By Investing In Growth of Educators Super Eagles Camp Open in South Africa for Lesotho ClashAFN President Okowa Reiterates Commitment to Podium Finish at 2026 Commonwealth GamesInvestors Gain N1.18trn WoW as Stock Market Sustains Positive  Momentum 2027: Muslim Scholars, Clerics, Traditional Rulers Converge on Kwara to Reposition Mosques, Imams for Nation’s LeadershipImisi Wins BBNaija S10AFRINIC Appoints ABU’s Prof. Adewale Adedokun as ChairmanSaraki Slams Abdulrazaq Over Kwara Insecurity, Urges Gov to “Face Responsibility”NUJ Applauds DSS for Releasing Journalists, Commitment to Press FreedomBREAKING: Three Lagos Police Officers On Illegal Duty Injured As Patrol Vehicle Somersaults In Edo Road CrashTinubu’s Minister Uche Nnaji Admits University Of Nigeria Never Issued Him Degree Certificate Amid Forgery Scandal –ReportEcobank Nigeria Launches Upgraded Mobile App for Faster, Smarter, Simpler Banking ExperienceArmy, Police Rescue Six Kidnapped Victims in TarabaEXCLUSIVE: Bandits Overrun, Seize Six Machine Guns, 30,000 Rounds Of Ammunition From Nigerian Army In Kwara As Air Force Declines SupportFUOYE Alumni Seek Calm, Unity Ahead of  VC’s ReturnBREAKING: Bandits Kill 27 in Fresh Attack on Kogi’s Yagba West As Insecurity WorsensEvery Day, Nigerians Go Hungry While Their Pastors Buy Private Jets –Former NLC Vice PresidentDSS Apologizes, Releases Wrongfully Arrested Journalists in JosMy Mission is to Unite All Nigerians, Says Tinubu, Preaches against Religious DivisionsI Never Accused Buhari of Links to Boko Haram, Jonathan ClarifiesWith 64% Contribution, Equities Raise Total Market Capitalisation on Nigerian Exchange to N140.6tn
Tue. Oct 7th, 2025

PoS geo-tagging: CBN sets N5 million minimum penalty

The Central Bank of Nigeria (CBN) has tightened regulation on agent banking by mandating geo-tagging (or geo-fencing) of Point of Sale (PoS) terminals and introducing a minimum penalty of N5 million, with an additional N300,000 per day for ongoing non-compliance. 

The post PoS geo-tagging: CBN sets N5 million minimum penalty appeared first on Nairametrics.

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