Trader sues CBN, CAC over PoS registration

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 94%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

A businessman, Emmanuel Haruna, has dragged the Central Bank of Nigeria (CBN) and the Corporate Affairs Commission (CAC) to court over Point of Sale (PoS) registration.

A businessman, Emmanuel Haruna, has dragged the Central Bank of Nigeria and the Corporate Affairs Commission to court over Point of Sale registration.

The applicant in his fundamental rights suit filed on his behalf by his counsel, Olumide Babalola, at the Federal High Court, Lagos, prayed to the court for an order setting aside the directive requiring individual PoS terminal operators to register with the 2nd respondent . The plaintiff in his originating summons, is also seeking the Court’s declaration that the 1st respondent’s directive to PoS terminal operators to submit their personal information for registration with the CAC constitutes an interference with the applicant’s right to privacy guaranteed by section 37 of the 1999 Constitution.

In addition, the applicant wants the Court to set aside the directive of the respondents requiring individual PoS Terminal Operators to register with the CAC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court documents show how '$6.2m stolen from CBN' was shared, invested into real estateDocuments have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023, was shared...
Source: thecableng - 🏆 2. / 80 Read more »