Tag: POS
Police return N10m wrongly transferred to PoS operator in Kano
The Kano State Police Command has handed over N10 million wrongly transferred to a Point of Sale (PoS) operator to the owner at Dawanau...
IGP bans PoS, other money transfer devices in police stations
The Inspector-General of Police (IGP), Kayode Egbetokun, has placed a ban on the use of Point of Sale (PoS) machines and other electronic mobile...
Gunmen kill PoS operator in Ebonyi
Gunmen have killed a Point of Sale (PoS) operator, Louis Enoshi, at Umuogudu Akpu Ngbo community in Ohaukwu Local Government Area of Ebonyi State.
A...
EFCC arrests banker, PoS agent for naira racketeering
The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a banker, Soberechukwu Inya Ewa, and a Point of Sale (PoS) cashier,...
Naira scarcity: Nigerians groan as banks, PoS operators trade blame
Some residents of Ibadan, the Oyo State capital, have decried the persistent scarcity of naira notes, as banks and Point of Sale (PoS) operators...
CBN: Banks colluding with PoS operators to disrupt naira circulation
The Central Bank of Nigeria (CBN) says there is a collusion between some Deposit Money Banks (DMBs) and Point-of-Sale (PoS) operators affecting the availability...
POS agents steal employer’s N942m in Lagos
Two Point of Sale (POS) agents, on Thursday, October 12, appeared before an Ebute-Meta Chief Magistrates’ Court in Lagos State for allegedly stealing N942 million...
Cash availability: Customers lament exorbitant PoS charges
Some Point of Sale (PoS) operators are still charging above the usual service charge in spite of the Central Bank of Nigeria’s (CBN) directive.
A...
ICPC arrests Oando accountant over new naira notes racketeering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an unnamed accountant of Oando Filling Station, Dutse Alhaji, Abuja.
The accountant was...
CBN threatens to arrest POS operators charging above N200
The Central Bank of Nigeria (CBN) has vowed to arrest and prosecute Point of Sale (POS) operators who charge above N200 for the apex...
