POS AGENTS FROWN AT CAC'S REGISTRATION MANDATE, SAYS CUSTOMERS WILL PAY MORE. (PHOTO).

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 PoS agents frown at CAC’s registration mandate, says customers will pay more Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission (CAC) for them to register with the commission. The News Agency of Nigeria (NAN) reports that CAC had on Monday issued a two-month registration deadline to PoS operators to register their agents, merchants, and individuals with the commission in line with legal requirements and the directives of the Central Bank of Nigeria (CBN). The agents, who spoke to NAN in Abuja on Wednesday, said the registration which would require money would impact on transaction cost paid by customers. Mr Kofi Kolawole, a PoS agent, said the registration would deplete the profits in the business. Kolawole said the registration would also discourage people from entering the business. “I know that this registration when actualised by our operators will increase the amount they charge us. “This means that the cost we charge
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2 DEAD TODAY,IN BURUNDI PROTEST AGAINST THEIR PRESIDENT'S THIRD TERM BID.

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                  According to sources,today monday morning,two people have been killed in new protests in Burundi against their president's re-election bid.The protests started peacefully but got out of hand when protesters started attacking police with stones.The protesters are protesting over President Pierre Nkurunziza's bid for a third term.The protests resumed in Burundi's capital today monday after a weekend pause as thousands continued to protest the president's decision to seek a third term.It is the biggest unrest Burundi has seen since a civil war ended in 2005.The protesters want to force president Pierre Nkurunzinza to withdraw his bid for a third term,which may be seen as a violation of the Arusha Agreement that ended a civil war which left more than 250,000 people dead.One more photo below.                                                    

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