Nigerians are returning to ATMs as PoS transactions fall 20%

After years of losing ground to Point-of-Sale (PoS) agents, Automated Teller Machines (ATMs) are making a comeback as transaction volumes rise while PoS volumes decline.  

In the first quarter of 2026, Nigerians made 438.6 million ATM transactions, up 6.6% from the previous year, according to data released on Friday by the Central Bank of Nigeria (CBN). Transaction value grew 64.6%…