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ICPC arrests Oando accountant over new naira notes racketeering

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an unnamed accountant of Oando Filling Station, Dutse Alhaji, Abuja. The accountant was...

CBN threatens to arrest POS operators charging above N200

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The Central Bank of Nigeria (CBN) has vowed to arrest and prosecute Point of Sale (POS) operators who charge above N200 for the apex...

NMDPRA to filling stations: You must accept POS, bank transfer

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed filling stations across the country to accept the use of Point of Sale...

Man arrested for defrauding POS operators in Lagos

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The operatives of the Police Rapid Response Squad (RRS) have arrested a 26-year-old man, Emmanuel Okorafor, for defrauding Point of Sale (POS) operators in...

CBN limits withdrawal at PoS to N20,000

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The Central Bank of Nigeria (CBN) has limited daily cash withdrawal at Point of Sale (PoS) terminals to N20,000. The CBN also ordered banks to...

Explosion kills POS operator in Kaduna

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An Improvised Explosive Device (IED) was detonated around Yazufa Junction, Hayin Danmani in the Igabi Local Government Area of Kaduna State. It was gathered that...
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