Terrorists Using PoS to Collect Ransom - FG
The FG reveals terrorists are exploiting PoS operators to collect ransom, making funds harder to track. Security agencies are collaborating with tech firms to dismantle their networks.
Category : Search result: PoS ransom
Kidnappers collect ₦2.57bn ransom in one year
A new report exposes that kidnappers in Nigeria collected a staggering ₦2.57 billion in ransom from July 2024 to June 2025, with the Northwest as the epicentre. Discover the shocking scale of this criminal enterprise.
Kwara Monarch Freed After 25 Days in Captivity
Oba Kamilu Salami, the Ojibara of Bayagan Ile in Kwara, is free after 25 days. The community paid a huge ransom in two installments without government help. Read the full story.
Terrorists Use PoS for Ransom, FG Alerts Public
The Nigerian government warns terrorists are using PoS agents to collect ransom, evading detection. Security agencies are working with social media giants to dismantle terror networks. Read more.
28 Travellers Kidnapped in Plateau, Ransom Demanded
Armed men kidnapped 28 people, including women and children, in Plateau state. Families have received ransom demands as police deploy rescue assets. Details inside.
N1.5m Ransom Demanded for Each of 28 Plateau Victims
Gunmen abduct 28 travellers in Plateau's Wase LGA, demanding N42 million total ransom. Families plead poverty as police investigate. Calls for security intensify.
Harrison Gwamnishu Regains Freedom After 2 Weeks
Activist Harrison Gwamnishu is free after two weeks in police detention over alleged ransom fund diversion. The Edo High Court granted him bail as investigations continue. Read details and public reactions.
Activist Harrison Gwamnishu Regains Freedom from Police Detention
Activist Harrison Gwamnishu is free after two weeks in police custody over a controversial N20m ransom case in Edo. He denies arrest, praises police professionalism. Full story inside.
CBN Directs Banks to Enable Foreign Card Use on ATMs, POS
The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.
Woman fakes kidnap, extorts ₦2.5m from husband
Lagos police arrest a 26-year-old woman and accomplice for staging her own abduction to extort money from her husband. Full investigation details revealed. Report any suspicious activity to the police.
CBN Orders Banks to Accept Foreign Cards on ATMs, POS
The Central Bank of Nigeria mandates banks to reconfigure ATMs and POS terminals for international cards. New security measures for transactions above $200 daily are also introduced.
Court Grants Bail to Activist Harrison Gwamnishu
Edo High Court grants bail to activist Harrison Gwamnishu, detained over a controversial N20 million ransom negotiation for an abducted couple. Read the full details of the case.
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.
N200m Ransom Demanded for Kidnapped Ex-Customs Officer
Gunmen demand N200 million for the release of retired customs officer Emmanuel Owolabi, abducted in Osun. Community leaders and security forces are combing the bush. #Kidnapping #OsunSecurity
Kidnapped Benue groom freed after N1.5m ransom
Tartenger Terdue James, abducted days before his wedding, is free after his family paid a N1.5 million ransom. Read the full story of his ordeal and release.
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.
Notorious Child Kidnapper Arrested in Niger State
Niger State Police arrest suspected kidnapper Aminu Ahmed for abducting three children in Kontagora and collecting over N2 million in ransom. Full details of his confessions inside.
UK Doctor Voices Concern Over Man in Captivity
A UK-based doctor expresses grave fears for the safety of a man still held by kidnappers following the remand of activist Harrison Gwamnishu. Read the full story and see social media reactions.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
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.
Lawyer Explains N5.4m Deduction in Edo Couple Ransom
Harrison Gwamnishu's lawyer details the activist's 'modus operandi' with ransom money for an abducted Edo couple. The N5.4m was for a tracking chip, now with police. Read the full account.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Police bust kidnapping syndicate, recover GPMG in Gombe
Gombe State Police Command, with hunters, neutralized two kidnappers, arrested seven, and recovered a General Purpose Machine Gun. The syndicate confessed to receiving N150 million in ransoms. Read the full details.
Police Rescue 2 Kidnapped Boys in Borno
Borno State Police Command rescues two young boys after kidnappers demanded N10 million ransom. Read how the tactical operation unfolded and the CP's new directives.
Man arrested for staging own kidnapping in Enugu
Police in Enugu have arrested a 26-year-old security guard who faked his abduction to extort N35 million from his family. Read the full details of the bizarre case.
Troops Rescue 10, Recover Arms and Ransom in Kaduna
Nigerian Army troops rescued 10 kidnapped victims and recovered arms, ammunition, and ₦1.6 million ransom in a dawn operation in Kaduna's Sanga LGA. Read the full details of the successful mission.
Troops Rescue 10, Recover N1.6m Ransom in Kaduna
Nigerian Army troops have rescued 10 kidnapped victims, including children, in Kaduna. The operation also recovered a fabricated AK-47 rifle and N1.6 million ransom money. Read the full details of the successful mission.
Ex-Adamawa Councilor Killed, Sons Abducted
Former Madagali councilor Shamalsinmi Umaru was shot dead at home. His two sons were abducted, with kidnappers demanding a N7m ransom. The family pleads for help as the deadline looms.
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