The Corporate Affairs Commission (CAC) has extended the registration deadline for Point Of Sales (POS) operators in Nigeria to September 5.
The CAC announced the extension on Saturday in a statement signed by its management.
The agency said the decision was meant to provide sufficient time for operators to complete their registration.
According to them, the initial deadline of July 7 has been extended to September 5 , thereby giving a 60-day extension for the registration of sole agents, super agents, and agents.
“The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales 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,” the statement reads.
“This is to give sufficient time to Operators particularly those in remote areas who might have encountered network challenges to so register and continue with their businesses.”
The CAC further added that operators who fail to register by the end of the new deadline risk losing their businesses and facing prosecution for aiding and abetting criminal activities.
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