Racing to Geo-tag POS in Nigeria: Why Legitimate Agents’ Economic Activities Need Protection
Immanuel Umukoro, Policy and DFS Manager, EFInA On August 25th, 2025, the Central Bank of Nigeria (CBN) released a circular on the Migration to ISO 20022 Standard for Payment Messaging and Mandatory Geo-Tagging of Payment Terminals. The geo-tagging objective was clear: all terminals should be tied to known locations so that suspicious movement could be […] read more Racing to Geo-tag POS in Nigeria: Why Legitimate Agents’ Economic Activities Need Protection
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