POS

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Desist from hoarding cash or face sanctions, CBN warns DMBs, POS operators

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop…

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Economy

Scarce naira notes: Bank officials in sharp mid-night deals with politicians

By Linus Aleke, Abuja The over one-week excruciating pains, despair, and agony suffered by Nigerians in the hands of commercial…

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Economy

PoS operators make brisk business, surcharge for new naira notes

Some Point of Sale (PoS) operators in satellite towns of the Federal Capital Territory (FCT) are making brisk business with…

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Customers groan as banks prioritise POS agents

By Linus Aleke Commercial banks, otherwise known as Deposit Money Banks now give priority attention to Point of Sale (POS)…

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Police arraign man for assault in Benue

The Police Command in Benue on Tuesday arraigned one Bamaiyi Adah, 33, before a Makurdi Upper Area Court 2b for…

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Woman in court for forging 117 POS receipts

A 27-year-old woman, Mutiat Ajoke, on Thursday appeared before an Ota Magistrates’ Court in Ogun for allegedly forging 117 Point…

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Man poses as army general to defraud POS operator

A 24-year-old businessman, Gabriel Nwokoro, who allegedly paraded himself as an army general with an intent to defraud a Point…

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NSCDC arrests suspect over alleged POS bank alert scam

The Nigeria Security and Civil Defence Corps (NSCDC) has arrested one Victor Adebayo, 24, over alleged fraud and sending a…

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Network shutdown: Kaduna POS operators vacate business premises

Operators of Point Of Sale (POS), in some parts of Kaduna, have vacated their business premises to seek alternative ways…

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POS operators make brisk business at Lagos trade fair

Operators of Point of Sale (POS) outlets at the ongoing 2021 Lagos International Trade Fair (LITF) on Tuesday said they…

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