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PoS operators in Nigeria raised fees due to a new ₦50 levy. The ₦50 levy applies to transactions of ₦10,000 or more. The charge affects both...
Following cash crunch in Nigeria, a Kogi State born political activist and immediate past House of Representative candidate for Dekina/Bassa federal constituency, Usman Okai Austin, on...
As opposition grows against the proposed Tax Reform Bills in the National Assembly, influential Northern groups have expressed concerns over the potential economic implications for the...
Despite recent directives from the Central Bank of Nigeria (CBN) to curb artificial cash scarcity, findings indicate that the situation remains dire in parts of the...
The Delta State Police Command has issued a stern warning to point-of-sale (POS) operators about the dangers of processing transactions exceeding ₦500,000. The Command’s Public Relations...
The Corporate Affairs Commission (CAC) has announced the commencement of strict measures, including the potential shutdown of Point of Sales (PoS) businesses that have failed to...
The Ekiti State Police Command has apprehended six individuals suspected of specializing in attacks on Point of Sale (POS) operators and traders, stealing their money. Commissioner...
Eko Hot Blog reports that the Registrar General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, disclosed reasons behind Government’s directive for Point of Sale...
Eko Hot Blog reports that the Federal Government through the Corporate Affairs Commission has issued a two-month registration deadline to Point of Sales (PoS) companies, to...
EkoHotBlog reports that the Federal Government of Nigeria through the Federal Competition and Consumer Protection Commission (FCCPC) has barred PoS operators in Nigeria from increasing charges...