Cashless policy

NIGERIA’S DIGITAL CURRENCY MOMENT — WHO REALLY WINS IN THE CASHLESS ECONOMY?

IDNN
As Nigeria accelerates its cashless revolution — from POS caps and airport e-payments to fintech regulation and MSME funding — a deeper question emerges: Who really wins in this new digital order? For every leap in innovation, there’s a ripple in inclusion. And at the heart of it lies the balance between control and opportunity....

FAAN GOES CASHLESS — NIGERIA’S AIRPORTS ENTER THE DIGITAL ERA

IDNN
The Federal Airports Authority of Nigeria (FAAN) has launched a nationwide cashless policy, beginning at the Nnamdi Azikiwe International Airport Abuja. The rollout, which will extend to all FAAN-managed airports by Q1 2026, aims to eliminate revenue leakages, block corruption channels, and transform passenger experience....

CBN SLAMS POS OPERATORS WITH ₦1.2 MILLION DAILY LIMIT — DIGITAL OVERSIGHT TIGHTENS

IDNN
The Central Bank of Nigeria (CBN) has rolled out sweeping new rules capping Point-of-Sale (POS) agent transactions at ₦1.2 million per day. It’s the boldest step yet in Nigeria’s drive to sanitise the fintech space, strengthen oversight, and push the nation toward a fully cashless economy....

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