Overview
CAC has announced the date for full enforcement of registration for all PoS operators as the Central Bank of Nigeria introduces new rules.
Key Facts
- The Corporate Affairs Commission (CAC) announced a new deadline for full registration enforcement for all PoS operators.
- The move follows new rules issued by the Central Bank of Nigeria (CBN).
Context
- This development aligns CAC registration requirements with the updated regulatory framework introduced by the CBN.
- PoS operators are expected to comply with the new registration deadlines to operate legally.
Quotes
“CAC has announced the date for full enforcement of registration for all PoS operators as the Central Bank of Nigeria gives an…”
(Note: The original content contains an incomplete quote. The summary preserves the stated context without altering meaning.)
Implications
- PoS operators should prepare to complete registration by the new CAC deadline.
- Non-compliance could affect operating permissions under the revised regulatory environment.
Summary
The CAC set a new deadline for all PoS operator registrations in response to the CBN’s updated rules, signaling tighter regulatory alignment.
Author's Note
The article emphasizes regulatory alignment between CAC and CBN affecting PoS operators.
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