Point-of-Sale (POS) transaction values witnessed a downturn in Nigeria for the first quarter of 2024, registering a N225.73 billion drop when compared to the corresponding quarter...
When the Central Bank of Nigeria (CBN) introduced the Point Of Sales(POS) in 2013 in Nigeria, though there was initial skepticism by the citizens of the...
The Inspector-General of Police (IGP), Kayode Egbetokun, has issued a ban on the use of electronic payment devices within police stations and other police facilities across...
Two POS operators in court for allegedly stealing over N2m Two men, Marcus Olaitan and Ajibade Adeolu, were on Monday arraigned before an Ikeja Chief...
An economist, Prof. Uche Uwaleke, has urged the Central Bank of Nigeria (CBN) to look into the new service charges on Point of Sale (PoS) trasactions...
…As Nigerian banks lose N472m to fraudsters A report on fraud and forgeries in the Nigerian Banking System has revealed that fraud increased by 19.51 per cent...
By Ismail Azeez, Osogbo Osun Police Command has warned Point of Sales (POS) operators and Filling Stations against the sale or abuse of the Naira notes...
The Association of Mobile Money and Bank Agents in Nigeria says over 50 per cent of Point of Sale operators have closed their shops as scarcity...
Mr Dumebi Kachikwu, African Democratic Congress, ADC, presidential candidate, said the insufficient circulation of the new Naira notes posed great threats to the country’s peace. Kachikwu...
Traders at Central Market in Kaduna, have lamented the scarcity of the old and redesigned Naira notes, attributing it to the cause of low patronage in...