The Corporate Affairs Commission (CAC) has announced the extension of the deadline for registration of all Point-of-Sale Operators (POS) by additional sixty days.

According to the Commission, the extension period which begins from 7th July 2024 to 5th September 2024, is to allow operators, especially those in remote areas who might have encountered network glitches to register.

The Commission, however, warned that Operators who fail or refuse to register at the end of the extended deadline run the risk of losing such businesses and prosecution for aiding and abetting criminal activities.