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Point of Sales

PoS transaction charges: Oil merchants bemoan 0.75% POS charges on dealers

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dailytimes

…‘We can’t survive with charges on us – Dealers …It is difficult for oil merchants to absolve the new policy – Oil merchant Oil merchants in the country have lamented over 0.75 per cent to N50 Point of Sales (POS) charges currently levied on merchants by the Central Bank of Nigeria (CBN). The apex bank […]

FG stops cash payments in NIPOST offices

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The Federal Government has ordered immediate termination of all cash payments in all Nigeria Postal Services (NIPOST). The statement quoted the minister saying that some members of staff of NIPOST have been taking undue advantage of the cash payment system of the service to engage in corrupt practices. He enjoined the general public and all […]