Saturday, July 11, 2026

point-of-sale (POS)

July 9, 2026

Louts who attempted to steal Ibadan POS operator’s phone caused Ojoo unrest: Police

The police spokesman said the victim’s outcry attracted members of the public, who apprehended one of the suspects.

Ibadan unrest.
November 11, 2024

Perennial power outage cripples economic activities in Bauchi

Dry cleaners have been forced to halt operations, affecting livelihoods, while PoS operators are experiencing disruptions in transaction processing.

blackout
March 29, 2023

Cash Scarcity: Ekiti government threatens to sanction filling stations rejecting POS transactions

The Ekiti government has threatened to sanction filling stations that reject point-of-sale (POS) transactions due to cash scarcity.

Fuel queue used to illustrate the story
December 21, 2022

CBN increases cash withdrawal limit to N500,000 weekly

Two weeks ago, the CBN lowered the weekly over-the-counter cash withdrawal limit for individuals to N100,000 and for corporate organisations to N500,000.

CBN Godwin Emefiele (credit: Bloomberg)