ATM Withdrawals Decline Sharply as POS Agents Process ₦223 Trillion in Transactions
Lagos, June 23, 2025 – Nigeria’s financial landscape is undergoing a major transformation, with Point of Sale (POS) agents now handling a record-breaking ₦223.27 trillion in transactions in 2024, even as ATM usage continues to decline steadily across the country. According to the latest data from the Central Bank of Nigeria (CBN), total transactions via