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Nigeria mandates 1.9 million PoS agents to register with CAC to combat fraud

Nigeria mandates 1.9 million PoS agents to register with CAC to combat fraud

Nigeria’s 1.9 million PoS agents, a key part of the country’s financial inclusion drive, must now be registered with the Corporate Affairs Commission (CAC) as part of plans to improve transparency and reduce fraud.  Before this week’s directive, fintechs onboarded agents by taking information like name, physical locations and telephone numbers, per the CBN regulatory […] More

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