Tuesday, April 13, 2021



EFCC accuses Lagos Scholarship Board boss of diverting N127m to personal use

Moday Moley, an investigator with the Economic and Financial Crimes Commission, EFCC, on Monday told an Ikeja Special Offences Court, that Stephen Oshinowo, diverted the board’s N127 million to his personal use.

POS operator docked over alleged N446,300 fraud in Abuja

A 27-year-old Point of Sale, POS, operator, Blessing Chinwuba, on Friday appeared before an Upper Area Court in Gwagwalada, Abuja, over alleged N446,300 fraud.

Nigerian Navy troops arrest kidnappers after abducting POS agent, customer in Kaduna

Troops of the Nigerian Navy have  arrested three kidnappers in Kujama, Chikun local government area on Friday. A statement by Samuel Aruwan, the state commissioner...

Police arrest POS robber, fake policeman with Indian hemp

The Police Command in Lagos State has arrested one Korede Anifowose, male, of 24, Omisakin St., Agbelekale, Abule Egba suburb of Lagos for attacking one Sola Musa, a Point Of Sale, POS, operator, at Fatolu Bus Stop, Ipaja.

COVID-19: POS operators ‘exploit’ customers as many ATMs fail to dispense cash in Abuja

Many bank customers in Asokoro, Nyanya and Mararaba areas of Abuja on Thursday cried out against alleged exploitation by Point-of-Sale, POS, operators as many ATMs in the FCT had ran out of cash.

JUST IN: FCCPC wants CBN to stop N50 POS stamp duty charges

The Federal Competition & Consumer Protection Commission, FCCPC, has called on the Central Bank of Nigeria, CBN, to halt the N50 stamp duty charges for using Point Of Sale, POS, machines.

GTBank bags 8 CBN’s E-Payments awards

Segun Agbaje, the Managing Director of Guaranty Trust Bank, says the bank will continue to provide customers with superior banking experience across all digital touchpoints.

Christmas: Benin residents groan as ATMs, PoS fail to dispense cash

Long queues have surfaced at bank cash points known as the Automated Teller Machines, ATM, and Points of Sale, PoS, in Benin City, Edo capital, according to a News Agency of Nigeria check.

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