Category : Search result: PoS operators

Lagos Teen Stages Own Kidnapping, Extorts N1.7m from Mother

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.

Nigerian Graduate Laments Working as POS Operator, Says 'I Don't Deserve This'

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 Issues Fresh Deadline to PoS Operators, Threatens Arrest for Non-Compliance

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 Sets January 1, 2026 Deadline for All POS Operators to Register or Face Sanctions

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.

Nigerians Rush for Physical Cash as Christmas Nears, Fearing ATM Failures

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.

SEC Gives Capital Market Operators Until January 2026 for ISA Compliance

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.

Lawmakers Probe N52bn POS Fraud, Uncover Security Risks

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

POS Fraud & Illegal Crypto Deals Alarm Nigerian Lawmakers

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's MVNOs Struggle: GSMA Calls for Regulatory Enforcement

Nigeria's MVNOs Struggle: GSMA Demands Action

Two years after licensing 43 MVNOs, only two are operational in Nigeria. The GSMA warns that regulatory enforcement and commercial protection are vital for success. Discover the challenges.

Gunmen Storm Kano POS Outlet, Kill Operator in Brutal Attack

Gunmen Kill POS Operator in Kano Attack

Armed assailants have killed a POS operator during a violent robbery in Kano's Kumbotso area, leaving residents in fear as security concerns escalate.

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