Tag: POS operators

Lawmakers in the House of Representatives have announced plans to summon the the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, along with the Chief Executive Officers of commercial banks, to discuss solutions to the ongoing issue of unverified Point of Sale (POS) operators across the country. This resolution came after the House […]

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 […]

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 […]

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 […]