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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SIBLINGS KIDNAP THEIR 88-YEAR-OLD FATHER IN IMO STATE.{PHOTO}.

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     Two siblings, Chinaza Nwogu and Emeka Ejike are cooling off in police net after they were arrested alongside one Emmanuel Sunday for kidnapping their 88-year-old father, Louis Njoku.
Emmanuel said to be Chinaza's boyfriend, had planned using his cut from the ransom that will be paid for the abduction of his would-be father-in-law to pay for his daughter’s bride price.
Parading the suspects, the Force Public Relations Officer, Frank Mba said the suspects were arrested by operatives of the Anti-Kidnapping Unit of the Imo state command on June 29 following a tip-off.
“A pathetic development is that of two siblings, who teamed up with the would-be husband of one of them to abduct their 88-year-old father. Chinaza, who wants to get married to Emmanuel, teamed up with her brother, Emeka, to kidnap their father, who is an octogenarian, in what I call a triangular crime arrangement.
“The suspects were arrested by the operatives of the Anti-Kidnapping Unit of the command on June 29 following a tip-off in connection with the kidnap of the victim. The suspects, who specialise in kidnapping people for ransom in Mbaise and its environs, have made useful statements to the police and confessed to the crime. They also narrated the various roles they played in the kidnap operation" Mba said.
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