CBN says regulated POS prices with “Super Agents” remain

The Central Bank of Nigeria reacted to the plans by POS agents to increase the costs of doing business in Nigeria, stating that regulated prices with the Super Agents remain and that it is their responsibility to enforce. 

The apex bank added that it has also informed Super Agents that failure to act within their responsibility would result in sanctions. 

This was disclosed by the CBN Acting Governor, Folashodun Shonubi, after the July 2023 MPC meeting on Tuesday.