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The Central Bank of Nigeria has released emergency telephone numbers where Nigerians could report Point of Sales (PoS) agents selling new naira notes or charging above N200 for withdrawal of amounts up to N10,000. The Director, CBN Governor’s Department, Mr Joseph Omayuku, made this known during a briefing with journalists in Yenagoa, Bayelsa State capital […]
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With no end in sight regarding the scarcity of the new Naira notes, businesses as little as pure water have gone cashless. A pure water hawker has become a growing sensation online after she was sighted selling with a point of sale (PoS) device with her bowl of pure water on her head. Last week […]
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Point of Sales, POS operators in Kaduna state have increased their charges on money withdrawn as the scarcity of new notes worsens across the country. Although several POS operators have locked their business outlets following the scarcity of new notes, the few ones operating charged higher commissions as they only allowed customers to withdraw a maximum […]
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