Nigerians are yet to access the new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria, CBN, directive to...
By Balogun Kamilu Lekan After the Central Bank of Nigeria (CBN) implemented its cash swap policy on February 10th, Nigerians have struggled to conduct transactions and...
A Karu Upper Area Court, Abuja on Tuesday remanded a 22-year-old Point Of Sale, POS, agent, Mujahid Bala, in prison for allegedly denying receiving credit alert...
By Balogun Kamilu Lekan POS business is one of the most lucrative businesses in Nigeria in recent times. The Nigerian system’s aim to achieve a cashless...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, says it will sanction fuel stations that reject the use of Point of Sale, POS, machines, or...
Scarcity of cash has crippled Point of Sales, POS, centres in the Federal Capital Territory, FCT, while the few operators with cash now charge between N200...
The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses for using point of sale (POS) machines. In a statement...
