Category : Search result: modern POS systems


N200m Goods Lost in Minna Market Fire

A massive fire caused by an overheating solar panel gutted a soft drinks store in Minna's Kure Market, destroying goods worth over N200 million. Officials warn traders on safety.

Modern POS Systems Drive Nigerian Retail Sales

Discover how modern POS systems help Nigerian retailers increase sales, improve customer experience, and build loyalty through seamless digital payments and data insights. Act now to upgrade your retail operations.

POS Operator Shot Dead by Robbers in Edo

Suspected armed robbers killed POS operator Raphael Eletanye, 38, on Murtala Muhammed Way, Benin City. Edo Police confirm the attack and urge public to provide information.

US Firm Signs Deal for Advanced Drones with Tantita Security

American defence giant Textron Systems will supply three Aerosonde Mk. 4.7 VTOL drones to Tompolo's Tantita Security. The deal, signed on Dec 29, 2025, aims to protect Nigeria's critical oil and gas infrastructure. Read more on this major security upgrade

229 Bank Branches Closed as PoS Takes Over in Nigeria

Nigerian banks closed 229 physical branches in 2024 as digital banking booms. PoS transaction volume jumped 33%, while 1.8 million operators face a registration deadline. Discover the full story of Nigeria's banking transformation.

NIPCO saves N44m yearly with solar at fuel stations

NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.

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.

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.

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.

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.

Throning: Dating for Status, Not Love

Discover 'Throning,' the latest dating trend where people choose partners based on social status and aesthetics, not genuine connection. Learn how it differs from 'Shrekking' and the emotional cost.

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.

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