Gunmen strike in Imo, kill 4 policemen, POS operator
Gunmen, on Monday evening, struck at Irete axis of the Owerri-Onitsha Expressway, killing four police operatives and a female Point of Sale (POS) operator. It was gathered that the policemen…
Financial inclusion: CAC inaugurates Centre for registration of PoS operators
The Corporate Affairs Commission (CAC), has inaugurated a centre for bulk registration of Point of Sale (PoS) operators in its database. The CAC Registrar-General, Hussaini Magaji, said this while inaugurating…
Desist from hoarding cash or face sanctions, CBN warns DMBs, POS operators
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop disrupting the seamless distribution of Naira notes. According to a…
Police, DSS neutralise 3 for POS armed robbery in Enugu
Operatives of Nigeria Police and Department of State Service (DSS) have neutralised three-man armed robbery gang that specialises in robbing Point of Sale (POS) business operators within Enugu metropolis. This…
Council of State ask CBN to recirculated old Naira notes or print new one to alleviate cash crunch
Members of the Council of State have expressed support for the naira redesign policy of the Central Bank of Nigeria (CBN). The Council however asked the CBN Governor, Mr Godwin…
Northern Groups back NASS call for suspension of cash withdrawal limit
The Coalition of Northern Groups (CNG) has supported the National Assembly’s resolve to compel the Central Bank of Nigeria (CBN) to suspend the implementation of its cash withdrawal limit policy.The…