The Association of Point of Sale Service Providers (POS) may suspend and cripple banking operations in the country if the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection (FCCPC) fail to immediately intervene in the alleged exclusivity practice by Verve International and Interswitch Limited. The association mad...
•Commissioner of Police, Ekiti State, Adeniran Akinwale The Ekiti State Police Command says its operatives have arrested an ex-convict, Omowaye Ayodele, and two other suspects – Ojo Temidayo and Busarà Lookman, who confessed to killings and kidnappings of Point of Sales operators in Ado Ekiti, the Ekiti State capital. This was according to the...
The federal government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the directive to register with the Corporate Affairs ...
•A Point-of-Sales (PoS) machine The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja...

