You may have seen the recent CBN announcement on microfinance banks whose licenses were revoked on July 1, 2026, which included NowNow MFB. We want to clarify what this means for you. NowNow Digital Systems Limited (NDSL) — the company behind your MyBiz wallet, is a...
If you think the Nigeria’s POS business is just about getting a machine and finding a busy place, you’re already setting yourself up to struggle. I’ve been in this business for over 10 years. I can tell you how To Start a POS Business in Nigeria (Without Wasting...
If you are searching for how to start a POS business in Nigeria, you have probably heard it is easy money. Just get a machine, find a spot, and start. But once you step outside, you quickly realize it is not that simple. The people who succeed in the mobile POS...
Any of the following POS agent mistakes can wipe out your profit or even put you in serious legal trouble. If you’re running or planning to start a POS business in Nigeria, this guide will help you avoid the most common and costly mistakes in POS business make and...
The Central Bank of Nigeria (CBN) has updated its rule on POS machines, and this time the focus is on where your POS is allowed to operate from. From August 1, CBN geo-fencing rule says all POS operators must ensure their machines are geo-tagged, meaning each POS is...
