Tag: PoS Operators

EFCC, CAC Join Forces against Unregistered POS Operators

June 26, 2026June 26, 2026 Rextun boss No Comments

The Economic and Financial Crimes Commission, EFCC and the Corporate Affairs Commission, CAC, have expressed concerns over risks being posed to businesses and national security by the activities of unregistered Point of Sale. POS, operators. The concerns were expressed in Abuja on Thursday, June 25, 2026 when the Board Chairman, CAC, Senator Ibrahim Adah paid…

Business and Startups, Financial Crimes

Mandatory CAC Registration: Operators Hint Of Increased PoS Service Charges

May 9, 2024May 9, 2024 Rextun boss No Comments

Operators of Some Points of Sale in the Federal Capital have faulted the new directive of the Corporate Affairs Commission, CAC, for them to register with the Commission. The PoS operators has vowed to increase service charges following the development. The CAC issued a two-month registration deadline on Monday for PoS operators to register their…

Finance and Economy

PoS Operators Risk N1m Fine For Illegal Charges – FG

July 24, 2023July 24, 2023 Rextun boss No Comments

The Federal Government, through the Federal Competition and Consumer Protection Commission, has issued a cease-and-desist order to Point of Sale operators from conduct that constitutes an infringement of the law. This follows the move by PoS operators, under the umbrella of the Association of Mobile Money and Bank Agents in Nigeria, to fix new prices…

Finance and Economy

abdulwasiu abdulkabir Olajide on 7 Federal Government Empowerment Programs and Opportunities for Nigerian Youths – How to ApplyAugust 13, 2026
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Kikma on Top 10 Hidden Gems in Ibadan You Need to Visit in 2025July 1, 2025
Ibadan is truly a hidden gem with so much to offer. From the serene Agodi Gardens to the breathtaking views…