Top POS Operators Battle for Market Dominance in Lagos
Lagos, Nigeria’s commercial heartbeat, is a city of constant transactions—from the gadget frenzy of Computer Village to the bustling food trade in Mile 12. At[more...]
Tag: #POS
PoS Transactions Surge To 18 Trillion in Nigeria
The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to N18 trillion in 2024, hitting an all-time yearly record. This is[more...]
New Naira: POS Agents Charging Above N200 will be Jailed – CBN
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that Point of Sale agents who charge above N200 for the CBN cash[more...]
CBN Meets PoS Agents; Urge Supermarkets, Eateries to Reject old Notes
In a move to meet the January 31 deadline for the old N1,000, N500 and N200 notes to cease being legal tender, the Central Bank of[more...]
Withdrawal Limit: PoS Operators Task CBN, Telecoms Companies on Uninterrupted Service
The stakeholders made the observation in separate interviews with the News Agency of Nigeria (NAN) on Thursday in Lagos. According to them, it is important[more...]
Amid Economic tension NIPS, POS Payments Hit N318.66 Trillion
Amid the economic tension which has continued rising over the recent decision of the Central Bank of Nigeria, CBN to enforce its cashless policy, cashless transactions[more...]
POS Transactions Hit N4.6 Trillion in 7 Months
The value of cashless transactions made via Point of Sales, POS in Nigeria recorded a huge leap from January to July 2022 as the figures hit N4.6[more...]
