‎CBN mandates dedicated accounts for POS operators to combat fraud ‎ ‎Story by Susan Mbamah   ‎The Central Bank of Nigeria (CBN) has directed all Point-of-Sale (POS) operators and banking agents across the country to maintain dedicated accounts or wallets exclusively for agent banking transactions. ‎ ‎ ‎This move is part of a broader effort to tighten oversight, ensure transparency, and protect customers from financial fraud. ‎The directive is a core component of the newly released "Guidelines for the Operations of Agent Banking in Nigeria (October 2025)". ‎ ‎ ‎New Guidelines Take Immediate Effect ‎ ‎ ‎The CBN's directive, dated October 6, 2025,...