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CAC to Penalize PoS Operators without Company Registration before Deadline
The Corporate Affairs Commission (CAC) has announced plans to sanction Point of Sales (PoS) operators, who do not register their businesses before the September 5 deadline earlier announced. The CAC alleged that PoS businesses that have failed to register may be involved in illegal activities. The Commission added that it is working with law enforcement…
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Government to Clamp Down on PoS Operators without CAC Registration
The Federal Government has announced plans to enforce the mandatory registration of Point-of-Sales operators nationwide. It said that the operation aims to crack down on kidnapping and help security agencies arrest recipients of ransom payments from abducted victims. The federal government speaking through the CAC on Monday, May 6, issued a two-month registration deadline for…
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POS Operators Raise Alarm over Stifling Government Taxes Per Agent
The Point-of-sale (PoS) operators in Nigeria have raised fresh alarm. They raised the alarm that some state governments have started charging them at least N30,000 in taxes annually per agent. The National Vice President of the Association of Mobile Money and Bank Agents in Nigeria, Obioha Oti, disclosed this in an interview with Channels Television…