Racing to Geo-tag POS in Nigeria: Why Legitimate Agents’ Economic Activities Need Protection

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Immanuel Umukoro, Policy and DFS Manager, EFInA On August 25th, 2025, the Central Bank of Nigeria (CBN) released a circular connected the Migration to ISO 20022 Standard for Payment Messaging and Mandatory Geo-Tagging of Payment Terminals. The geo-tagging nonsubjective was clear: each terminals should beryllium tied to known locations truthful that suspicious question could beryllium […]

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