CBN Imposes N100,000 Daily Withdrawal Limits on PoS Transactions
The Central Bank of Nigeria (CBN) has introduced a cap of N100,000 daily for withdrawals from ...
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Tag: PoS
Cash Shortage in Nigerian Banks Sparks Concerns Over PoS Agent Exploitation
Ubiquity of Mobile Money Agents Mobile money agents have proliferated across Nigeria, filling the void left ...
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FG Distributes Over 5,000 Bags of Rice, Fertilizers, PoS Machines, and Gas Cylinders to the Less Privileged in Anambra State
In a continued effort to combat the growing economic challenges faced by many Nigerians, the Federal ...
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BREAKING: CAC Threatens to Shut Down Unregistered PoS Businesses
The Corporate Affairs Commission (CAC) has issued a stern warning to Point of Sale (PoS) operators ...
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CAC Extends POS Operator Registration Deadline By 60 Days
The Corporate Affairs Commission (CAC) has granted PoS operators a two-month grace period to register their ...
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EFCC Cracks Down On Bank Leaks, Targets POS Abuses In Fight Against Financial Crime
The Economic and Financial Crimes Commission (EFCC) is taking a two-pronged approach to combat financial crime ...
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(UPDATED) Nigerian Government Cracks Down on Unregistered POS Operators To Combat Fraud And Improve Security
The Nigerian government has announced a mandatory registration requirement for Point-of-Sales (PoS) operators across the country. This ...
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PoS Operators Consider Raising Transaction Fees Amid CAC Registration Directive
Several point-of-sale (PoS) operators in Abuja are speaking out against a directive from the Corporate Affairs ...
Read moreCBN Sets July 7 Deadline for PoS Operators to Register with CAC
The Central Bank of Nigeria (CBN) has set a deadline of July 7, 2024, for Point ...
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Police Arrest Man with Pistol, PoS Machine in Edo
The Edo State Police Command has apprehended Francis Okoye Obinna for possession of a Browning Pistol ...
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