LAGOS JUNE 16TH (NEWSRNAGERS)-A Maiduguri-based businessman, Umar Bashir, has been sentenced to 20 years imprisonment without option of fine for terrorism financing. The convict who claimed to be a major dealer in oil perfumes and also a Point Of Sales, POS, operator, was found guilty of using his account number 2213629628 with the United Bank…
LAGOS APRIL 19TH (NEWSRANGERS)-A young man in his early 30s in Uyo, identified as Utibe Eteffia committed suicide by taking lethal poison after falling victim to cyber criminals popular known as Yahoo Boys, who cleared out his account to the tune of N2.5 million. Prior to his death, the deceased who ran a POS business…
LAGOS JULY 30TH (NEWSRNAGERS)-Gunmen on Monday evening killed four police officers on a stop-and-search checkpoint along the Owerri-Onitsha road in Imo state. An eyewitness who claimed to be a resident of Irete in Owerri West Local Government Area of the state told PUNCH Metro on the condition of anonymity that fear couldn’t allow him and…
LAGOS DECEMBER 8TH (NEWSRANGERS)-On June 18, Solomon James, a point-of-sale operator in Kaduna State, was going about his daily activities when his phone kept screaming a series of debit alerts that would later amount to N1 million. James told FIJ that after many failed attempts to stop the continual unauthorised transaction, a strange caller who…
LAGOS JULY 29TH (NEWSRANGERS)-17-year old Ikechukwu Okeke, who was employed as POS Operator, has been arrested and charged for stealing his boss’ over N6.5m, which he shared with his girlfriends within two months he got employed in Lagos State. P.M.EXPRESS reports that the incident happened at Ikotun Market, where he was engaged by the complainant,…
LAGOS JANUARY 17TH (NEWSRANGES)-The Nigeria Security and Civil Defence Corps in Zamfara State has arrested a POS operator, simply identified as Mustapha, for allegedly hired by bandits for financial transactions. The Zamfara NSCDC Commandant, Muhammad Muazu, said Mustapha was arrested in Birnin Tsaba Community in Zurmi LGA of the state. He further revealed that two POS…
LAGOS DECEMBER 13TH (NEWSRANGERS)-Point of Sale terminal operators and Lagos-based human rights lawyer, Femi Falana, have said they will sue the Central Bank of Nigeria if it fails to withdraw the new cash withdrawal policy limiting over-the-counter cash withdrawals by individuals and companies to N100,000 and N500,000, respectively, per week. The CBN had, in the…
LAGOS AUGUST 14TH (NEWSRANGERS)-Gunmen, on Friday, killed a point of sale (POS) operator in Apata, Ibadan, the Oyo capital. The attackers took away the operator’s bag containing food, and witnesses said they suspected the gunmen assumed the bag contained money. A resident, who identified himself as Ojikutu, said the POS operator, simply referred to as…
