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A 24-year-old Point of Sale (POS) machine operator from Lagos, named Shamsudeen Ishiaka, has been charged with defrauding five of his coworkers out of ₦17 million....
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to ₦100,000 per customer. The apex bank, in a circular...
The Corporate Affairs Commission (CAC) has disclosed that it is set to take action against Point of Sales (PoS) businesses that have failed to register their...
The Corporate Affairs Commission (CAC) has extended the registration deadline for all Point of Sale Operators (POS) by an extra sixty days to make room for...
The Nigeria Police Force has reiterated the ban on the use of Point of Sales (PoS) machines and other electronic transaction devices in police stations and...
The lower chamber of the National Assembly, the House of Representatives, has decided to inquire into the excessive fees imposed by Point of Sale (POS) for...
The Federal Competition & Consumer Protection Commission (FCCPC) on Monday mounted pressure on the Executives of the Point of Sales operators in Nigeria to shun the...
The Lagos State chapter of the Association of Mobile Money and Bank Agents In Nigeria (AMMBAN) has increased the amount to be charged by Point of...
The Central Bank of Nigeria (CBN) has restricted agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions....
The Eleshin area at Olomo community in Apete, Ido Local Government Area of Oyo State on Saturday was invaded by armed robbers. It was reported that...
The Central Bank of Nigeria (CBN) on Tuesday threatened to clamp down on Point of Sale operators for taking advantage of Nigerians of the scarcity of...
Reactions have trailed the decision of the Governor of Lagos State, Babajide Sanwo-Olu to cushion the effects of Naira scarcity by providing a charge free, Points...
The Central Bank of Nigeria (CBN) has warned all Point of Sale (PoS) operators that their licenses would be revoked if they are found guilty of...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has told Nigerians to exercise patience and calmly join queues to swap their new naira...
The Central Bank of Nigeria (CBN) has sparked reactions on its official Twitter handle after sharing a video clip of a sugarcane seller attending to his...
The Central Bank of Nigeria (CBN) has advised Nigerians to visit money agents and Point of Sales (PoS) operators to swap their naira notes easily. The...
The Central Bank of Nigeria (CBN) has excluded mobile money/Point of Sales (POS) agents in Abuja and Lagos from its newly launched cash swap programme. According...
As reliably gathered by Naija News, the Central Bank of Nigeria’s (CBN) policy about the cash withdrawal limits for individuals and companies commences today, Monday 9...
The Central Bank of Nigeria (CBN) has failed to increase the maximum weekly limit for cash withdrawals through Automated Teller Machines (ATMs) and Point of Sale terminals...
On Wednesday, December 21, the Central Bank of Nigeria (CBN) announced the increase of the maximum weekly limit for cash withdrawals across all channels to ₦500,000...
