🌿 Ruzu Non-Alcoholic Herbal Bitters
Ruzu Non-Alcoholic Herbal Bitters is a natural health supplement specially formulated to:
- ✅ Promote general wellness
- ✅ Detoxify the body
- ✅ Support the treatment of various ailments
Made from a powerful blend of 100% organic and medicinal herbs, Ruzu is completely alcohol-free, making it ideal for:
- 👪 All age groups
- 🌱 Health-conscious individuals
- 🌿 Anyone seeking non-alcoholic herbal remedies
Whether you're looking to boost your vitality, cleanse your system, or support healing the natural way, Ruzu Bitters offers a trusted herbal solution.
The Central Bank of Nigeria (CBN) has extended the deadline for the implementation of its mandatory Point of Sale (PoS) terminal geo-fencing policy, giving payment service providers additional time to comply with the requirements.
The apex bank announced the extension in a circular issued on Friday and signed by the Director of the Payments System Supervision Department, Rakiya Yusur, it was reported. The new arrangement means enforcement of the policy will commence on August 1, 2026 instead of the earlier date.
The geo-fencing initiative was first announced in August 2025 when the CBN ordered all PoS terminals nationwide to be Geo-tagged within 60 days.
The measure is part of broader efforts to boost monitoring of electronic payments, reduce fraud and bring Nigeria’s payment system into line with the ISO 20022 messaging standard.
The directive impacts major players in the financial sector, namely Deposit Money Banks, Microfinance Banks, Mobile Money Operators, Super Agents and switching companies. These institutions are anticipated to implement the required messaging standard and ensure that payment terminals are geo-tagged properly.
The CBN has increased the allowable geo-fence radius for PoS terminals from 10 metres to 70 metres with the latest changes. The tweak is expected to give operators more flexibility, while still controlling where terminals are employed.
Geo-fencing is a system for limiting PoS terminals to approved locations associated with registered merchants and agents. The policy is intended to help authorities better monitor transactions, prevent the misuse of payment channels, and increase confidence in the country’s digital payment system.
The central bank said the decision follows engagements with stakeholders and considerations around the practical implementation of the framework. The extension is designed to give affected institutions sufficient time to complete the technical and operational processes needed to achieve full compliance.
All affected institutions have been directed to submit proof of compliance to the CBN’s Payments System Supervision Department on or before July 31, 2026, in addition to meeting the new deadline.
The regulator also directed financial institutions to address any pending operational issues with the National Central Switch within the approved time line. CBN explained that prompt resolution of these issues will aid institutions to meet the geo-fencing requirements ahead of the enforcement date in August.
