New Telegraph

  1. Home
  2. POS

Tag: POS

Naira Scarcity: CBN Issues Warning To Commercial Banks, PoS Operators

Naira Scarcity: CBN Issues Warning To Commercial Banks, PoS Operators

The Deposit Money Banks (DMBs), and Point of Sale (PoS) providers have received a stern warning from the Central Bank of Nigeria (CBN) to cease interfering with the smooth distribution of Naira notes. This was…

Police Arrest Man For Duping POS Operator In Ogun

Police Arrest Man For Duping POS Operator In Ogun

A 20-year-old man named Segun Gabriel has been apprehended for allegedly committing fraud against a Point-of-Sale (POS) operator in Ogun State. The Ogun State Police Command who made this known in a statement made available…

Man Bags 3-Month Jail For Swindling POS Operator

Man Bags 3-Month Jail For Swindling POS Operator

26-year-old Mohammed Ibrahim has been sentenced to 3 months imprisonment on Monday by the Area Court in Jos for swindling a Point of Sales (PoS) operator for N28,000. The judge, Mr Shawomi Bokkos, sentenced the…

POS Operator Buys Car, Sponsor People To Umrah With Millions Of Naira Mistakenly Sent To His Account

POS Operator Buys Car, Sponsor People To Umrah With Millions Of Naira Mistakenly Sent To His Account

Alfa Rafiu who is a Point of Sale Operator (POS) was reportedly arrested in Ilorin, Kwara State for squandering the sum of 280m that was mistakenly sent to his bank account. New Telegraph learned that…

POS transactions grow by 13.3% to N531.38bn

POS transactions grow by 13.3% to N531.38bn

Point-of-sale (PoS) transactions in the country rose by 13.3 per cent to N531.38 billion in March 2021 from N468.91 billion in the previous month, latest figures from the Nigeria Interbank Settlement System (NIBSS) showed. New…