POS Archives - Voice Air Media

2 Minutes

National

PoS geo-fencing deadline for Nigerians extended

VAM News May 30, 2026

THE Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale (PoS) terminals to August 1, 2026, giving banks, fintech companies, mobile money operators and other payment service providers additional...

2 Minutes

National

CBN Set Daily Withdrawal Limit On POS For Customers

VAM News December 18, 2024 0 Comment

News Update THE Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. In a circular to all deposit money banks (DMBs), microfinance Banks, mobile...

1 Minute

National

Nigerian Police ban POS, other electronic mobile money usage in stations nationwide

VAM News March 5, 2024 0 Comment

Voice Air Media, VAM News Update In a move to curb alleged illegal and illicit transactions, the Inspector-General of Police (IGP), Kayode Egbetokun, has banned the use of Point of Sale (POS) machines and...

1 Minute

Local News

Panic as robbers kill JAMB applicant, raid residents with POS in Bayelsa

VAM News May 4, 2023 0 Comment

VOICE AIR MEDIA News Update Six gunmen on Tuesday morning reportedly shot dead a 20-year-old while robbing homes in Azikoro town, Yenagoa Local Government Area of Bayelsa State. The victim, Elo Lucky, was reportedly...

1 Minute

Business

CBN limits withdrawal from banks to N20,000, as POS charge now N1,000

VAM News February 6, 2023 0 Comment

Voice Air Media News Update Banks in Ilorin, Kwara State capital, have pegged cash withdrawals across the counter at N20,000 for lucky customers. VOICE AIR MEDIA reports, however, that the frustration of customers surrounding...

Crime -1 Minute

Police arrest three men for hacking POS portal in Oyo

Agency1 December 7, 2022 0 Comment

Three suspects who hacked a Point of Sale (POS) portal and attempted to steal N16 million in Oyo State have been arrested. The Oyo State Police spokesman, Olumuyiwa Adejobi, announced the development via a...

8 Minutes

Extra

How to combat credit and debit card theft at POS terminals

Akanji Philip February 23, 2022 0 Comment

The rising trend in data breaches continues to angle upwards and, as a result, there has never been a more precarious time in history to launch and maintain a successful business. In other to...