EFCC Urges PoS Operators to Strengthen Due Diligence on Customers

The Economic and Financial Crimes Commission, EFCC has charged Point of Sale operators, PoS in the country to ensure that they are guided by the rules and regulations of the Central Bank of Nigeria, CBN, especially in the aspect of Know Your Customer, KYC.

This charge was given by the Bawa Kaltungo, Acting Director, Kaduna Zonal Directorate of the EFCC on behalf of the Executive Chairman of the Commission, Mr. Ola Olukoyede on Wednesday, May 7, 2025 when he met with the operators under the aegis of Association of Mobile and Banks Agents of Nigeria, AMBAN, led by the chairman, Alhaji Mohammed Bala.

Kaltungo, while commending members of the association on the engagement with the Commission, reminded them of the huge roles they are expected to play in the Commission’s fight against money laundering and other financial crimes.

EFCC Tasks PoS Operators on Due Diligence on Customers

The Economic and Financial Crimes Commission, EFCC has charged Point of Sale operators, PoS in the country to ensure that they are guided by the rules and regulations of the Central Bank of Nigeria, CBN, especially in the… pic.twitter.com/6sERg0gmoU

— EFCC Nigeria (@officialEFCC) May 8, 2025