The Central Bank of Nigeria (CBN) has introduced new rules limiting cash withdrawals on Point-of-Sale (PoS) machines to ₦100,000 per customer daily. This policy was shared...
The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers to route Point of Sale (PoS) transactions through authorized CBN...
A woman identified as Linda Ihebinike has been apprehended for allegedly trying to conduct a transaction using counterfeit Nigerian currency. The incident unfolded when a vigilant...
A 27-year-old woman identified as Mutiat Ajoke on Thursday appeared before an Ota Magistrates’ Court in Ogun State for allegedly forging 117 Point of Sales receipts....
A 29-year-old commercial motorcyclist, Victor Ukachuckwu, has confessed to using an online application he downloaded from the Internet to defraud Point of Sales (POS) operators in...
Detectives of the Ogun state police command have arrested four members of a gang who specialized in robbing and killing POS and UBER operators in the state. ...
The Ondo State Police Commmand has paraded members of an armed robbery gang that robbed and killed six persons including two POS operators and two Filling Station attendants...
Two armed robbery suspects have been arrested by men of the Ogun State police command for robbing one Ajose Bilikisu, a point of sales (POS) operator at gunpoint. A...
With the prevalence of cashless transactions in today’s digital age, there is no doubt that we are presently in an epidemic of electronics fraud. We must...