What Is a POS System? Discover Its Benefits and Functions
Explore what is a POS system and how it can enhance your business operations. Discover how it manages sales, inventory, and ...
The Guardian Nigeria10d
ATM withdrawal fee: CBN bets on breaking PoS monopoly, improving banks’ cash operations
To relieve banks of the burden of operating automated teller machines (ATMs) and handling cash, the Central Bank of Nigeria (CBN) has imposed new withdrawal charges on consumers who use this option.
Nigerian Tribune on MSN3h
Niger: NANTS, AGRA project empower 367,000 farmers in three years
The National Association of Nigerian Traders (NANTS) have concluded a three-year Agricultural intervention project in Niger, empowering about 367,000 small holder farmers.Dr. Ken Ukaoha, National ...
Nairametrics2d
From EMTL to ATM: Multiple charges cast shadows over Nigeria’s financial inclusion efforts
Experts in the financial industry are worried that the implementation of multiple charges on financial transactions could reverse the gains ...
Premium Times23d
POS economy: How Nigeria’s banks and operators profit off cash scarcity, By Ayo Banjo
And this brings us to the bigger issue: What exactly is going on with cash in Nigeria? Why has the naira ... Must we all now carry POS machines in our pockets to survive? The sad truth is that ...
Hosted on MSN17d
Revealed! PoS terminal transaction hits all-time high
In 2024, Nigeria's PoS terminal ... has seen the number of PoS devices in the market grow astronomically. Legit.ng had reported that although Point of Sale (PoS) machines have brought significant ...
The Nation Newspaper4d
Bring back the ATM
Nigerians will be right to dub the current season one of tariff increases. Just when the noise over the increase in ...
How agency banking is transforming financial access in developing countries
The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having ...
The Punch Newspapers7d
Silent extortion: How banks’ ATM charges, levies bleed Nigerians dry
On February 10, 2025, the Central Bank of Nigeria announced ... Mercy Okoro, a market trader at Mile 12, lamented how the charges affect small business owners. “I rely on POS agents because ...
businessday18d
The cash war between ‘ATMs’ and ‘PoS Agents’ in Nigeria
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 ...