The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers, and payment service providers to implement mandatory dual connectivity for Point of Sale (PoS) transactions within one month. The circular, signed by Director of the Payments System Supervision Department, Rakiya Yusuf and dated December 11, 2025, revises an earlier directive introduced in September 2024 policy. "It is designed to tackle the persistent PoS service disruption resulting from dependence on a single transaction channel. "Under the new rule, all acquirers, processors,and payment terminal service providers must maintain active connection with both...