FLASH: CBN Releases New Daily Transactions Limit For POS Agents 

The Central Bank of Nigeria has introduced new operational guidelines for agent banking across the country, capping daily cumulative transactions per agent at N1.2 million. The revised framework, released on Monday, also mandates all financial institutions to submit monthly reports on the activities of their Point-of-Sale agents to enhance oversight and service quality. The Circular…

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FLASH: Over 3,000 Nigerians Working At Dangote Refinery Despite ‘Ongoing Sackings’ – Management

The Dangote Petroleum Refinery has said that more than 3,000 Nigerians remain in active employment at its $20bn facility, despite an ongoing reorganisation of its workforce. In a statement on Friday, the management dismissed reports of mass sackings, clarifying that only a “very small number” of staff were affected by the exercise, which it said…

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