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

Kanayo Takes His Children to Pay Tribute to Late Parents for the First Time

Veteran Nollywood actor Kanayo O. Kanayo has shared an...

NYA Appoints Chairpersons for FCT, North Central States to Boost Youth Engagement

By Jabiru HassanThe National Youth Alliance (NYA) has approved...

NANNM FCT Condemns Brutal Killing of Abuja Nurse, Demands Justice

By Achadu Gabriel, KadunaThe Federal Capital Territory (FCT) Council...

Jarvis speaks on biological father, reveals he is from Senegal

Popular Nigerian AI content creator Jarvis, also known as...

Punch Correspondent Matthew Ochei Dies at 43, Tension Grips Delta Media Community

By Anne AzukaThe Delta State media community has been...

Related Articles

Popular Categories

spot_imgspot_img