The Central Bank of Nigeria (CBN) told us cash would be available after its much-publicised naira redesign, but here we are – banks are dry, and the streets are buzzing with POS operators who ...

At the entrance of the bustling Wunti Market in the heart of Bauchi metropolis, Ada, a 44-year-old hairdresser, sits by her small shop with her Point of Sale (PoS) machine clearly visible on the ...

The Association of Mobile Money & Bank Agents in Nigeria has said its members may ... He, however, noted that POS operators may want to bear the cost of the increased telecoms tariff.

Mr Peter Obi has protested the level of hardship faced by the poor in Nigeria. Obi lamented the travails of low income earners and the exorbitant sums charged by POS operators to Nigerians seeking ...

When it comes to smooth, secure transactions for your business, Point of Sale (POS) systems like Moniepoint and Opay are leading the charge in Nigeria. These devices make payments easier for both ...

The digital payment ecosystem in Nigeria is witnessing a swift revolution, with Point of Sale (PoS) transactions surging to an unprecedented N18 trillion in 2024. This dramatic increase, a staggering ...

The financial landscape in Nigeria has undergone significant shifts post-COVID, with Point-of-Sale (POS) operators emerging as dominant players in financial transactions. While Automated Teller ...

The convict borrowed ₦200,000 with the agreement to pay back the money. ₦200,000 fraud: Court sentences POS operator to 3 months jail term An Ota Magistrates’ Court in Ogun, on Monday ...

Data from the Nigeria Inter-Bank Settlement System (NIBSS) confirms that this figure represents a 69% increase from the N10.7 trillion recorded in 2023. The growth is driven by persistent cash ...