Why Onafriq shut down Baxi as Nigeria's PoS market booms

Onafriq shuts down Baxi after a failed sale, falling revenue and ₦19.9bn overdrafts, giving agents 30 days to move funds as Nigeria’s PoS competition grows.

Black News Black News
Oct 29, 2026 - 11:07
Why Onafriq shut down Baxi as Nigeria's PoS market booms
Onafriq shuts down Baxi after a failed sale, falling revenue and ₦19.9bn overdrafts, giving agents 30 days to move funds as Nigeria’s PoS competition grows.
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