Newsletter on CAC’s Directive on Registration of PoS Agents

Introduction On May 7, 2024, the Corporate Affairs Commission (CAC) issued a directive requiring Point of Sale (POS) agents to register as businesses with the CAC within a two-month deadline (July 7, 2024). The directive is an attempt to curb the increasing concern over fraudulent activities facilitated through POS transactions in Nigeria. This newsletter examines […]