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CBN To Prosecute POS Operators Over High Charges

by Present Nigeria
February 14, 2023
in News
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POS Agent, Bolarinwa Who Stole Employer’s N400k, Arrested
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The Central Bank of Nigeria (CBN) has promised to prosecute Point of Sale (POS) operators who demand exorbitant charges on transactions.

This was disclosed by the apex bank’s Governor, Godwin Emefiele during a meeting with members of the diplomatic corps. Emefiele who admitted that there’s been some challenges over the Naira swap policy, said the POS operators to be prosecuted are those who charge above the stipulated amount.

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Emefiele also said that while this is a challenging time for Nigerians, things shouldn’t be exaggerated especially by people in authority to create panic.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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