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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PRESIDENT BARACK OBAMA,TO ARRIVE KENYA TOMORROW FRIDAY.

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                  Tomorrow friday,President Barack Obama will land in Kenya with a mission to strengthen U.S security and economic ties,but his personal connection to his father's birth place will dominate a trip that Kenyans view as a native son returning home.Obama is likely to forcus talks in Nairobi on security cooperation.He will also spend private time with his family members but will not travel to the village that is most closely associated with the family name.In a recent interview,Valerie Jarrett,a Senior aide and family friend of the Obama,said in an interview that ''Just as anybody is curious about their heritage,visiting Kenya provides him an opportunity to make that personal connection''.

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