x

CBN Vows to Prosecute POS Operators Over Exorbitant Charges

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.

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.

Hot this week

Ombugadu Explains APC Defection as Women’s Group Declares Support for Tinubu

From Abel Zwanke, LafiaFormer Peoples Democratic Party (PDP)...

Police Arrest Four Suspects Over Attempted Murder in Akwa Ibom

The Akwa Ibom State Police Command has arrested four...

Plateau Government Condemns Kanam Ambush, Honours 20 Fallen Security Personnel

By Israel Adamu, JosThe Plateau State Government has condemned...

PDP Criticises Tinubu Government Over Nigeria’s Terrorism Ranking

The Peoples Democratic Party (PDP) has faulted the Federal...

Retired Police Officers Plan Protest at Presidential Villa Over Pension Bill

The Union of Retired Police Officers under the Contributory...

Eid-el-Fitr: Oborevwori Urges Peace, Unity Among Nigerians

Delta State Governor Sheriff Oborevwori has extended Eid-el-Fitr greetings...

Eid-el-Fitr: PAAU Vice-Chancellor Felicitates Governor Ododo, Muslim Faithful

The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba,...

Group Urges Government to Prioritise Needs of Women with Disabilities

The Joint National Association of Persons with Disabilities in...

Police Arrest Four Suspects Over Attempted Murder in Akwa Ibom

The Akwa Ibom State Police Command has arrested four...

Eid-el-Fitr: Works Minister Umahi Calls for Unity, National Development

The Minister of Works, David Nweze Umahi, has extended...

ADC Crisis: Party Faction Petitions US Embassy Over Leadership Dispute

By Francis WilfredA faction of the African Democratic...

Nigeria, UK Sign Agreements on Migration, Border Security, Business Visas

By Francis WilfredNigeria and the United Kingdom have...

NOA DG Felicitates Muslims on Eid-el-Fitr, Calls for Sacrifice, Unity,Tolerance

By Joyce Remi- BabayejuThe Director General of the National...

Related Articles

Popular Categories

spot_imgspot_img