8 h. ago POS operators are being used to pay ransoms to terrorists – NCTC

Nigeria’s National Counter Terrorism Centre (NCTC) has raised alarm over the role of some point-of-sale (POS) operators in facilitating ransom read more POS operators are being used to pay ransoms to terrorists – NCTC

Politics

1 week ago CBN orders PoS operators to connect to NIBSS, UPSL within 30 days

The Central Bank of Nigeria (CBN) has directed all Point of Sale (PoS) operators and payment service providers to establish dual connectivity with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified Payment Services Limited (UPSL) within 30 days...

Politics

2 w. ago Ondo: Suspected armed robber, kidnapper arrested while attempting to withdraw ransom from POS

Ondo State Police Command has arrested a suspected armed robber and kidnapper, identified as Godspower Cletus, while attempting to withdraw ransom payment from a POS operator in Akure, the state capital.

Events

2 w. ago Regulatory hammer dangles over top fintech firms as CAC moves against unregistered PoS operators

The Corporate Affairs Commission (CAC) has issued a warning to leading fintech companies, including Opay and Moniepoint, over their alleged role in enabling thousands of unregistered Point-of-Sale (POS) operators nationwide. The commission said any fintech found facilitating the activities of non-compliant POS agents risks being placed on a regulatory watchlist and reported to the Central […]

Politics

2 w. ago CAC to shut down unregistered PoS operators to curb rising fraud

The Corporate Affairs Commission (CAC) has announced that all unregistered Point-of-Sale (PoS) operators will be shut down from January 1, read more CAC to shut down unregistered PoS operators to curb rising fraud

Politics

2 w. ago CAC To Clamp Down On Illegal PoS Operators From January 2026

The Commission said the need arose due to a rising number of POS operators running without registration, violating CAMA 2020 and CBN Agent Banking Regulations. The post CAC To Clamp Down On Illegal PoS Operators From January 2026 appeared first on Channels Television.

Politics

2 w. ago CAC Cracks Down On Unregistered POS Operators From January 2026

The Corporate Affairs Commission (CAC) has issued a stern public notice declaring that all Point of Sale (POS) operators in Nigeria must be duly registered with the commission or face immediate shutdown starting from 1st January 2026. In a statement released today and signed by the Management of the CAC, the commission warned that unregistered […] The post CAC Cracks Down On Unregistered POS Operators From January 2026 appeared first on Information Nigeria.

Politics

2 w. ago Bandits give Kwara community seven days to pay N300m ransom for 10 victims

Armed bandits who kidnapped 10 people in Isapa, Ekiti Local Government Area of Kwara State on November 25, 2025, have issued a one-week ultimatum to the community to pay a N300 million ransom for the release of the victims.

Events

3 w. ago FG didn’t pay ransom for freed kidnap victims – Senate spokesperson

Yemi Adaramodu, the Senate spokesperson has reiterated that the Federal Government did not pay ransom to secure the release of read more FG didn’t pay ransom for freed kidnap victims – Senate spokesperson

Events

3 w. ago Federal Government Didn’t Pay Ransom To Rescue Abducted Victims, Says Senate Spokesperson

The spokesperson for the Senate, Senator Yemi Adaramodu, has stated that the Federal Government did not pay any ransom to secure the release of victims abducted in Kebbi and Niger States. Adaramodu stated this on Friday during an interview on Channels Television’s Morning Brief, while responding to concerns about the lack of visible evidence of […]

Politics