Discover how modern POS systems help Nigerian retailers increase sales, improve customer experience, and build loyalty through seamless digital payments and data insights. Act now to upgrade your retail operations.
Suspected armed robbers killed POS operator Raphael Eletanye, 38, on Murtala Muhammed Way, Benin City. Edo Police confirm the attack and urge public to provide information.
Nigerian banks closed 229 physical branches in 2024 as digital banking booms. PoS transaction volume jumped 33%, while 1.8 million operators face a registration deadline. Discover the full story of Nigeria's banking transformation.
Crypto entrepreneur Blord faces online ridicule after promoting an app to avoid 2026 taxes. Nigerians express deep distrust, citing his past arrest and preferring to pay government taxes.
The NCAA clarifies the surge in December airfares, blaming market forces and high demand, not government taxes. Read the full explanation and industry reactions here.
Nigeria's NCTC is collaborating with social media giants to delete accounts used by terrorists and bandits. The agency also exposes new ransom methods via POS operators. Read the full report.
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.
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.
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.
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
The Central Bank of Nigeria mandates banks to reconfigure ATMs and POS terminals for international cards. New security measures for transactions above $200 daily are also introduced.
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.
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
The Central Bank of Nigeria has outlined clear steps for customers to escalate complaints against banks over wrongful debits, failed transactions, and excessive charges. Learn the process to protect your rights.
Nigerian Ports Authority records a massive 1,085% surge in export containers and 33.52 million metric tonnes cargo throughput in Q3 2025, driven by President Tinubu's export-focused economic policies. Read the full analysis.
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.
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
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.
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.
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
A Nigerian lady's TikTok video showing a POS machine inside her church has ignited a fierce online debate about modernity and worship. See the divided reactions.
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.
A man, his wife, and three children died in a Katsina fire. The blaze, linked to a power surge, destroyed their home. Read the full report and community reactions.
A House of Representatives committee reveals alarming cybersecurity gaps in Nigeria's digital payment systems, exposing citizens to fraud and national security risks. Learn how to protect your finances.
House of Representatives investigates escalating POS fraud reaching N52.26bn. Committee reveals security breaches, cloned terminals, and urgent need for regulatory framework. #POSFraud #FinancialSecurity
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.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Nigerian customs agents report system slowdowns during peak import season, threatening supply chains. The NCS attributes issues to user-specific problems, urging traders to use help desks.
A Nigerian man received N257,000 debit alert instead of N25,700 from POS operator. Discover the unexpected reaction and why this story went viral. Watch the video now!