NewsNigeriaCorporate Affairs Commission Extends Deadline For POS Registration

The Point of Sale (POS) Operators in Nigeria have got additional two months for registration of their business with the Corporate Affairs Commission (CAC) to enable others who are yet to register due to technical glitches.

The commission had earlier given 7th July 2024 as a deadline for the registration.

But, in a post on its X handle on Sunday, the Management of the commission stated that the deadline had been extended by sixty days.

“The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales (POS) Operators that the initial deadline of 7th July 2024 given for the registration of sole Agents, Super Agents, and Agents has been extended for sixty days beginning from 7th July 2024 to the 5th September 2024.

“This is to give sufficient time to Operators particularly those in remote areas who might have encountered network challenges to register and continue with their businesses.

“Operators who fail or refuse to register at the end of the extended deadline run the risk of losing such businesses and prosecution for aiding and abetting criminal activities,” the statement said.

Hassan Umar Shallpella (Regional Correspondent)

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