Tag: POS
Reps to summon Cardoso, bank CEOs over unverified POS operators
The House of Representatives has resolved to invite CBN governor Olayemi Cardoso and the chief executive officers of commercial banks to propose solutions to...
Sanwo-Olu disapproves extortive practice by POS operators
Gov Babajide Sanwo-Olu of Lagos State has expressed displeasure over the extortive practices by Point of Sale (POS) operators, as well as petrol station...
New naira notes: Our gains, challenges by POS operators
Some Point of Sales (POS) operators have said the designing of naira notes has boosted their business through improved income though they said this...
Obaseki engages POS agents, urges them to pay cash at markets
Gov Godwin Obaseki of Edo has promised to support Point of Sales (POS) agents so they can begin cash payments to residents across markets...
CBN limits cash withdrawals to N20,000 daily, N100,000 weekly
The Central Bank of Nigeria (CBN) has said that effective from January 9, 2023 cash withdrawal for individuals would be pegged at N20,000 daily...
FRSC officials use e-ticketing device, not POS machines – Spokesman
Officials of the Federal Road Safety Corps (FRSC) use electronic booking device as a one-stop shop to ease their activities, not point of sale...
Court awards N500,000 against Polaris Bank over failed N61,000 POS transaction
Akwa Ibom State High Court has awarded N500,000 damage against Polaris Bank over its failure to reverse a failed point of sales (POS) transaction...
Kate Henshaw cries out over POS charges
Nollywood actress Kate Henshaw has cried out over the Point of Sale (POS) charges in Nigeria.
The 50-year-old in a Twitter post on Monday questioned...
Police investigate officers with POS device demanding ATM card
Police say they have begun investigating the incident of a man in police uniform holding a Point of Sale (POS) device and demanding the...
FG abolishes N50 POS charge
The Federal Competition and Consumer Protection Commission (FCCPC) has stopped the additional N50 charge imposed on transactions conducted through Point of Sales (POS) terminals.
This...