Nigeria has 5.5 million POS terminals.
Most Nigerians think it’s just a card machine.
It isn’t.
It’s the most fraud-exposed piece of infrastructure in the country and almost nobody understands how it actually works.
Here’s the breakdown:
As a Nigerian youth, the system is already against you. If Bill Gates, Steve Jobs and all these people were here, they won’t even start.
— Peter Obi (Presidential Candidate, NDC)