Category : Search result: POS business Nigeria


Terrorists Using PoS to Collect Ransom - FG

The FG reveals terrorists are exploiting PoS operators to collect ransom, making funds harder to track. Security agencies are collaborating with tech firms to dismantle their networks.

Apprentice Gets N10m and Shop from Igbo Master

A young man's story of receiving N10 million and a fully-stocked shop after serving his Igbo master in business has ignited online conversations about the Igbo apprenticeship model versus formal education in Nigeria.

Akara Seller Buys Motorcycle, Expands Business

A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.

Terrorists Use PoS for Ransom, FG Alerts Public

The Nigerian government warns terrorists are using PoS agents to collect ransom, evading detection. Security agencies are working with social media giants to dismantle terror networks. Read more.

CBN Directs Banks to Enable Foreign Card Use on ATMs, POS

The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.

Oniru Business Day, Network Unveiled in Lagos

Lagos State and Iru Kingdom announce Oniru Business & Cultural Day for Feb 14, 2026, plus a new Business Network to drive investment and cultural development in the kingdom. Learn more.

Boy Fakes Kidnapping, Extorts N1.7m from Mother

Lagos police arrest five suspects, including a 15-year-old boy, for staging a fake kidnapping to extort N1.7 million ransom from his mother. Full details of the elaborate scam revealed.

Woman invests N650k in solar for drinks business, not home

A Nigerian businesswoman's decision to install a N650,000 solar system to power her cold drink freezer, rather than renovate her old house, has ignited a major debate online. Discover the full story and public reactions.

Graduate Cries Out Over Working as POS Operator

A Nigerian female graduate shares her emotional story of working as a POS operator, lamenting her situation after a stranger questioned her career path. Read her story and public reactions.

CAC Gives PoS Operators New Registration Deadline

Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.

CAC: POS Operators Must Register by Jan 1, 2026

The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.

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