August 4, 2025

POS

General

GTBank Reinstates Global Spending Access on Naira Cards, Expands FX Limits for Customers

In a major update that will delight frequent travellers and online shoppers, Guaranty Trust Bank (GTBank) has restored international transaction functionality on its Naira-denominated debit cards, allowing customers to once again spend abroad with ease. According to official communication from the bank, GTBank’s Naira cards are now globally active, permitting usage for Point-of-Sale (POS) and

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Finance General

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

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