Empty ATMs Dot Bank Premises As PoS Operators Take Currency Commercialisation
LAGOS JULY 2ND (NEWSRNAGERS)-A year and a few months after relief from the worst cash crunch in the modern economy, Nigeria appears to have slid into another dimension and created a new…
PoS Agents Decry CAC’s Registration Mandate, Says Customers Will Pay More
LAGOS MAY 12TH (NEWSRANGERS)-The News Agency of Nigeria reports that CAC had on Monday issued a two-month registration deadline to PoS operators to register their agents, merchants, and individuals with…
CBN Gives PoS Operators July 7 Ultimatum To Register With CAC
LAGOS MAY 7TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has set a deadline of July 7, 2024, for Point of Sales (PoS) operators to complete their registration with the Corporate…
EFCC Declares War On POS Operators, Nabs 80 For Selling Naira In Ondo
LAGOS MARCH 26TH (NEWSRANGERS)-No fewer than 80 Point of Sales (PoS) agents, suspected to be buying and selling money to members of the public with higher interest have been arrested…
POS Operators Selling Naira Notes Risk Imprisonment-CBN Warns
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Amid the chaos surrounding the currency swap, the Central Bank of Nigeria, CBN, has vow to arrest and prosecute any Point of Sale, POS, operator or payment…
Traders, Business Centres, POS Operators, Okada Riders, Shun Old Naira Notes
LAGOS JANUARY 25TH (NEWSRANGERS)-The old Naira notes have become out of use in Zamfara State as traders, business centres, marketers and even Point of Sale, POS, providers have been rejecting…
Roaming POS Operators Warned Against Aiding Police Extortion
LAGOS JULY 10TH (NEWSRANGERS)-The Police in Lagos State on Saturday warned Point of Sales (POS) operators against using their trade to promote extortion at police stations and other areas. The…
Gunmen Kill Four POS Operators In Aba, Cart Away Cash
LAGOS FEBRUARY 4TH (NEWSRANGERS)-Armed bandits on Monday went on the rampage again in the Ogbor Hill area of Aba, Abia state, killing four more transaction point of sale (POS) outlet…
Robbers Target PoS Operators In Lagos
LAGOS NOVEMBER 26TH (NEWSRANGERS)-Nigerians who have taken to operating Point of Sales as a means of business and survival are living in fear following reported cases of robbers hunting and…