Category : Search result: POS operators Nigeria


Boy Fakes Kidnapping, Extorts N1.7m from Mother

Lagos police arrest five suspects, including a 15-year-old boy, for staging a fake kidnapping to extort N1.7 million ransom from his mother. Full details of the elaborate scam revealed.

Graduate Cries Out Over Working as POS Operator

A Nigerian female graduate shares her emotional story of working as a POS operator, lamenting her situation after a stranger questioned her career path. Read her story and public reactions.

CAC Gives PoS Operators New Registration Deadline

Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.

CAC: POS Operators Must Register by Jan 1, 2026

The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.

Christmas Cash Demand Hits New Highs in Nigeria

Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

SEC Sets January 2026 Deadline for ISA Compliance

Nigeria's SEC mandates all capital market operators to declare ISA 2025 compliance and register tradable instruments by January 2026. Dr. Agama announces new era for market transparency.

Nigerian lawmakers investigate rising POS fraud cases

House of Representatives investigates escalating POS fraud reaching N52.26bn. Committee reveals security breaches, cloned terminals, and urgent need for regulatory framework. #POSFraud #FinancialSecurity

Reps Committee Raises Alarm Over POS Fraud

House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.

Nigeria: Not a Third World Country, Data Reveals

Discover why Nigeria defies the outdated 'third world' classification. Explore economic data, development indicators, and Nigeria's true global standing in this comprehensive analysis.

Ghanaian shocked by Nigeria's power outages

A Ghana-based fashion designer reveals shocking electricity problems in Nigeria during her visit. Lights go off 5 times daily, neighborhoods noisy from generators. Read her full experience.

Best VPN Service in Nigeria: NordVPN Review

After 4 weeks of testing across Lagos, Abuja & Port Harcourt, discover why NordVPN is Nigeria's top choice for security, speed & streaming international content.

Trump Calls Nigeria 'A Disgrace' Over Violence

Former US President Donald Trump escalates criticism of Nigeria, calling it a 'disgrace' over Christian killings. He threatens to cut subsidies and take military action. Read more.

MSF expands diphtheria response in Northern Nigeria

Médecins Sans Frontières escalates diphtheria intervention across Borno, Kano, and Bauchi states amid rising cases. Learn how the health crisis is unfolding and what's needed to contain it.

US Congressman: Christians Persecuted in Nigeria

US Congressman declares severe Christian persecution in Nigeria, cites 17,000 deaths since 2019, questions US aid, and links crisis to Nnamdi Kanu's detention despite court orders.

US Lawmakers Divided Over Trump's Nigeria Actions

US Congress debates Trump's designation of Nigeria as Country of Particular Concern amid conflicting views on religious persecution. Key lawmakers disagree on characterization of violence.

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