The Inspector-General of Police, Kayode Egbetokun, has ordered stoppage of Point-of-Sales (PoS) machines and other electronic mobile money transaction devices within police stations and other police facilities nationwide. Egbetokun said the ban became imperative following public outcry on alleged illegal and illicit transactions of PoS machine...
The Central Bank of Nigeria (CBN) has threatened to sanction banks and Point of Sales (POS) operators found to be complicit in the current Naira scarcity crisis. The apex bank, in a statement yesterday, urged members of the public to report infractions, especially hoarding of Naira by Banks and POS operators, in their areas to […]
One person was killed and two others were abducted when gunmen invaded Ora, an agrarian community in the southern part of Kwara State, today. The abductors, who reportedly stormed the town around 8am, shot sporadically before whisking away their victims, reports Daily Trust. A senior community leader who does not want his name in print, [&hell...