Category : Search result: POS operator error


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.

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.

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.

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.

Christmas Cash Demand Hits New Highs in Nigeria

Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.

Nigerian lawmakers investigate rising POS fraud cases

House of Representatives investigates escalating POS fraud reaching N52.26bn. Committee reveals security breaches, cloned terminals, and urgent need for regulatory framework. #POSFraud #FinancialSecurity

Reps Committee Raises Alarm Over POS Fraud

House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.

Global Internet Disruption Hits Major Services

Widespread internet outage caused by Cloudflare glitch affects X, ChatGPT, banking services globally. Technical issues persist for hours before gradual fix implementation.

Hospital mistakenly declares hundreds dead in shocking error

A major Nigerian hospital mistakenly sent heartbreaking death notification letters to hundreds of families, falsely declaring their healthy loved ones deceased. The catastrophic administrative error has caused widespread trauma and outrage across affected

Gunmen Kill POS Operator in Kano Attack

Armed assailants have killed a POS operator during a violent robbery in Kano's Kumbotso area, leaving residents in fear as security concerns escalate.

Recover Money Sent to Wrong Bank Account in Nigeria

Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.

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