The Central Bank of Nigeria (CBN) extends the deadline for enforcement of its Point of Sale (PoS) terminal geo-fencing framework. Multiple reports say the CBN issues a circular through its Payments System Supervision Department, extending the period for affected financial institutions to comply with the geo-fencing requirements. Vanguard reports the extended deadline as 31 July, while Premium Times also cites 31 July and adds that institutions are instructed to submit evidence of compliance before the new enforcement date. The Punch reports the deadline as 1 August 2026, reflecting the end-of-month extension following the CBN’s communication. Across the sources, the extension is presented as giving banks and other affected operators more time to meet the geo-fencing rules for PoS terminals. The CBN’s circular also emphasizes compliance documentation ahead of the enforcement start date, according to Premium Times. The reports do not provide further details on penalties, scope of coverage, or technical changes, focusing instead on the change to the enforcement timeline.