POS operatives condemn new directive to register with CAC The new directive from the Corporate Affairs Commission (CAC) urging every POS agent to register their businesses with the commission, has been termed "an unnecessary duplication of efforts." Critics argue that the mandate does not effectively address fraud concerns, which are cited as the primary reason for the registration. Atanda, the National President, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), told the News Agency of Nigeria (NAN) on Monday in Abuja that the directive would affect small businesses in the...