The Lagos State said it is targeting the distribution of 1 million Point of Sale (POS) machines to youths, men and women before the end of the present administration with a view to creating jobs ...

The number of Point of Sale (PoS) machines deployed by merchants and individuals across Nigeria rose to 3.04 million in July this year. The Nigeria Inter-Bank Settlement System (NIBSS) disclosed ...

The local government, which has about 13 communities, rely on POS services for their financial transactions. They are able to send and receive money from ... reliance on POS machines, residents ...

A Lagos lawmaker, Mr Adebola Shabi (APC-Mainland ll) yesterday distributed Point of Sale (POS) machines to 30 members of his constituency to enable them grow their businesses. Shabi, distributing the ...

The Nasarawa State chapter of the Association of Mobile Money and Bank Agents in Nigeria has inaugurated ... persons who are now scared of using POS machines for their transactions because ...

Mobile money agents are now widely available in Nigeria and ... (point-of-sale) PoS agents. The commission they charge is increasing and you can hardly get cash from the machines.

CBN gives reasons for new cash withdrawal limits Earlier, Legit.ng reported that the Central Bank of Nigeria (CBN) placed a transaction limit on PoS terminals. The bank stated that there is a daily ...

To curb incidences of fraud perpetrated by some point of sales, POS, agents in Nasarawa State, the umbrella body of the extended banking operators has taken step to end the menace. The Association of ...

Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ... our money from (point-of-sale) PoS agents,” Ibrahim Adamu, a 39 ...

Point of Sale (PoS) operators across Nigeria ... decision by the Central Bank of Nigeria decision to limit PoS operators' cash withdrawals to only N100,000 daily. PoS operators increase charges Photo ...