Fake Police Officer Caught With ‘weed’ in Lagos
The Police Command in Lagos State has arrested one Korede Anifowose, of 24, Omisakin St., Agbelekale, Abule Egba suburb of Lagos for attacking one Sola Musa, a Point Of Sale…
“How Am I In This Generation?” – Actor Jnr Pope Reacts To Lady In Viral Video
Nollywood actor, Pope Obumneme Odonwodo has reacted to a trending video with a young woman who announced her decision to quit her job as a POS attendant after getting paid…
POS Operators, Falana Threaten Lawsuit Against CBN Over Withdrawal Limit
Point of Sale terminal operators better known as PoS operators and Lagos-based human rights lawyer, Femi Falana, has begun moves to sue the Central Bank of Nigeria if it does…
FCT Bans Pos Operators From Residential Areas
The Federal Capital Territory Administration (FCTA) has banned Point of Sales (POS) owners from operating by roadside and unapproved places in the streets of Abuja. The Coordinator, Abuja Metropolitan Management…
CBN To Withdraw Licenses of POS Operators
The Central Bank of Nigeria is ready to withdraw the licenses of Point of Sale terminal operators due to inflating charges. CBN gave this warning on Tuesday, February 7, 2023.…
POS Agents Announce New Charge Rates For Transactions
Regulators of Point of Sales (POS) agents have updated their previous charge rates for transactions including deposit and transfer. With the new update, Nigerians might start paying hefty sums as…
POS Operator Spends N280m Mistakenly Sent to His Account
A Nigerian Point of Sale (POS) operator identified as Alfa Rafiu has been arrested for spending about N280 million that was mistakenly sent to his bank account. Daily Report Nigeria…
IGP Bans Use of POS Machine in Police Stations
The Inspector-General of Police, Kayode Egbetokun has banned the use of Point-of-Sales (POS) machines in the premises of police stations across the country. The ban was in light of recent…
PoS Transactions Must Go Through Approved Aggregators – CBN
The Central Bank of Nigeria (CBN) has directed all Payment Service Providers to route all transactions from Point of Sale (PoS) terminals through an approved CBN Payment Terminal Service Aggregator.…
Cash Crisis Fuels Underground Market as NURTW, Agberos Exploit PoS Operators
The members of the National Union of Road Transport Workers (NURTW), the Road Transport Employers Association of Nigeria (RTEAN), and street-level operatives known as "Agberos" have capitalized on the crisis,…