Federal Set to Ban PoS Operators from Increasing Charges

Federal Set to Ban PoS Operators from Increasing Charges

The Federal Competition and Consumer Protection Commission is set to issue an order against plans by Point of Sale agents to once again, hike transaction charges across the country. The development was confirmed exclusively to The PUNCH on Wednesday by the Executive Vice Chairman/Chief Executive Officer, Babatunde Irukera. According to him, the order would be […]

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How to Report PoS Operators Charging Above N200

How to Report PoS Operators Charging Above N200

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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