pos

  1. Kidnappers Now Using POS Operators to Cash Out Ransoms - Nigerian Govt

    Nigeria Kidnappers Now Using POS Operators to Cash Out Ransoms - Nigerian Govt

    The Digest: The National Counter Terrorism Centre has identified point-of-sale operators as key facilitators in the ransom payment chain to terrorists and kidnappers. According to the Centre, investigations reveal that ransom funds are often transferred directly to POS agents, who then allow...
  2. FG Mandates Electronic Payments: Bans Cash, Orders POS Terminals in All MDAs

    Nigeria FG Mandates Electronic Payments: Bans Cash, Orders POS Terminals in All MDAs

    The Digest: The Federal Government has prohibited cash payments across all Ministries, Departments, and Agencies, directing them to install Point of Sale terminals within 45 days. This move, announced in a series of Treasury circulars, aims to enforce e-payments, curb revenue leakages, and...
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