Tag: igp, PoS
Illicit Transactions:IGP bans POS operators from police stations nationwide
The Inspector-General of Police,IGP, Kayode Egbetokun, has ordered stoppage of Point-of-Sales (POS) machines and other electronic mobile money transaction...
POS operators to pay N1m for illegal pricing
The Federal Government, through the Federal Competition and Consumer Protection Commission, has issued a cease-and-desist order to Point of Sale...
POS operators to charge more from Monday
Despite recent criticisms of plans to increase the price of service charges, the Association of Mobile Money and Bank Agents in Nigeria has said current economic...
Charges hike: CBN to meet PoS operators
Central Bank of Nigeria has said it will intervene to resolve issues around the new charges adopted by Point of Sale operators in Nigeria. Already, Point...
Why we increased charges – POS operators
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) said the recent increase in Point of Sales (POS) transaction charges is a reflection of the...
Cash crunch: How bank officials connive with POS operators to rip off customers
Some bank customers on Friday alleged bank officials’ connivance with Point of Sale operators (PoS), which makes it difficult for them to easily have access to...
Naira swap: Tales of woe as gunmen rob, shoot PoS operator, three others in Bauchi
The fall out of the currency swap among citizens has continued unabated as four persons, including a point-of-sales (PoS) operator, have been hospitalised with...
Busted: POS network fraud syndicate responsible for over N16m theft
The Nigeria Police Force National Cybercrime Centre, an innovation of the Inspector-General of Police, IGP Usman Alkali Baba has arrested Point Of Sale...
FRSC disowns using POS machine to pay fine
The Federal Road Safety Corps,FRSC,has said that it does not use nor permit the use of Point of Sale machines,POS, nor receive payment for fines of traffic...
Woman docked over forged 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 of Sales receipts. The...
