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August 24, 2025
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  • Napoli President Reveals Why He Rejects PSG’s €200m Offer For Osimhen, Kvaratskhelia
  • Why Jay-Z Stands Out As Richest Musician In The World

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  • Judge Orders Closure Of Trump’s ‘Alligator Alcatraz’ Immigration Prison Within 60 Days

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  • Group Calls On President Tinubu To Officially Recorgnise Ifa  Religion In Nigeria

    1 day ago
  • Napoli President Reveals Why He Rejects PSG’s €200m Offer For Osimhen, Kvaratskhelia

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  • Why Jay-Z Stands Out As Richest Musician In The World

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  • NIMASA Intensifies Move To Reduce Maritime Air Pollution Through MARPOL Enforcement

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PoS Operators

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Empty ATMs Dot Bank Premises As PoS Operators Take Currency Commercialisation

News Rangers1 year ago018 mins

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 business from commoditising the national currency. As it was during the prolonged cash crunch that almost ruined the economy in the first quarter of last…

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PoS Agents Decry CAC’s Registration Mandate, Says Customers Will Pay More

News Rangers1 year ago04 mins

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 the commission in line with legal requirements and the directives of the Central Bank of Nigeria (CBN). The agents, who spoke to NAN in Abuja…

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  • National

CBN Gives PoS Operators July 7 Ultimatum To Register With CAC

News Rangers1 year ago03 mins

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 Affairs Commission (CAC). The directive followed discussions held in Abuja between fintech representatives and Chief Executive Officer (CAC), Hussaini Magaji on Tuesday. During the meeting,…

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EFCC Declares War On POS Operators, Nabs 80 For Selling Naira In Ondo

News Rangers2 years ago03 mins

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 by operatives of the Economic and Financial Crimes Commission (EFCC), in Ondo state. Vanguard gathered that the officials of the commission carried out the exercise…

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POS Operators Selling Naira Notes Risk Imprisonment-CBN Warns

News Rangers3 years ago3 years ago06 mins

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 agents found to be selling Naira notes in the guise of transaction charges, warning that it is an economic crime and an imprsonable offence. According…

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  • National

Traders, Business Centres, POS Operators, Okada Riders, Shun Old Naira Notes

News Rangers3 years ago3 years ago03 mins

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 the notes since last week even though the deadline for their use has not expired. DAILY POST can authoritatively state that commercial banks in the…

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  • National

Roaming POS Operators Warned Against Aiding Police Extortion

News Rangers3 years ago3 years ago02 mins

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 Command’s spokesperson, Benjamin Hundeyin, gave the warning on his Twitter handle, monitored by the News Agency of Nigeria (NAN). Mr Hundeyin, a superintendent of police,…

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Gunmen Kill Four POS Operators In Aba, Cart Away Cash

News Rangers5 years ago5 years ago02 mins

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 cashiers and carting away money stolen from them. This is coming barely three days after four armed robbers struck at a POS outlet along the…

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Entertainment

  • Why Jay-Z Stands Out As Richest Musician In The World
  • Music Fans Protest Arrest Of Ghanaian Dancehall Star Shatta Wale, Besiege EOCO Office
  • Why Cubana Chief Priest, Chioma’s Parents Miss Davido, Chioma’s $3.7m Miami Wedding
  • Fela’s Grandson Made Kuti Reveals Why Afrobeat Legend Died Poor
  • Fela’s ‘Zombie’ Creates History As First Nigerian Album Inducted Into Grammy Hall Of Fame

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Interviews

  • How I Stopped Corrupt Colleagues From Killing Traveler With Cash-Filled Bag – Retired DSP
  • Fuel Sufficiency: NNPCL Have Commenced Pipelines, Depots’ Rehabilitation-Soneye
  • Humanitarian Crises: Why Nigeria Needs Collective Response – UN Rep. 
  • Between Wike And Obi, Nigerians Know Who Is A Liar, Happy, In Pain

Sports

  • Napoli President Reveals Why He Rejects PSG’s €200m Offer For Osimhen, Kvaratskhelia
  • Victorious Nigeria Female Team Shun Payment Of Tinubu’s $100k Gift In Naira
  • Athletics: Amusan Flop As Ofili, Ezekiel Excel In Lausanne Diamond League
  • Philippine Based Nigerian Basketball Player Collapses And Die During Training