The Central Bank of Nigeria (CBN) has directed banks, financial institutions, acquirers, and payment service providers to urgently change how Point-of-Sale (PoS) transactions are routed, as part of efforts to reduce frequent system failures across Nigeria’s digital payments ecosystem.
In a circular dated December 11, 2025, and signed by Rakiya Yusuf, Director of the Payments System Supervision Department, the CBN gave industry players one month to comply with a new routing framework.Read D Original / Full Story .