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POS Operators Not Registered With CAC To Lose Operational License On July 7, 2024

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Point of Sales (PoS) operators may lose operational licenses by July 7, 2024, over incomplete registration with the Corporate Affairs Corporation (CAC).

The directive issued by the Central Bank of Nigeria (CBN) was revealed by the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji during a meeting between Fintechs in Abuja on Tuesday.

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