regulatory oversight
The Federal Government has announced a mandatory registration requirement for Point-of-Sales (PoS) operators nationwide, citing security concerns and the need to curb criminal activities such as kidnapping and ransom payments facilitated through these platforms. Speaking at the formal launch of the Corporate Affairs Commission (CAC) registration of fintech agents and merchants, Registrar-General Hussaini Magaji emphasized […]
The Federal Government has moved to address concerns surrounding the recent Memorandum of Understanding (MoU) signed between the Ministry of Transportation and MPH Rail Development Limited, a United Kingdom-based construction firm, stressing that the agreement is not legally binding. Recent reports have sparked controversy over the MoU, with some questioning the legitimacy of the partnership, […]
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