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

Hajj 2026; FCT- MPWB Begins Vaccination Exercise

By Joyce Remi- BabayejuThe Federal Capital Territory Muslim Pilgrims...

Xi, Taiwan Opposition Leader Emphasize Reunification in Beijing Talks

Chinese President Xi Jinping and Taiwanese opposition leader Cheng...

Wike Announces N500m Support for Late Senator Mpigi’s Family

By Joyce Remi- BabayejuThe FCT Minister, Barr. Nyesom Wike,...

PTDF Says New Kaduna Petroleum College Will Reduce Overseas Scholarship Costs

The Petroleum Technology Development Fund (PTDF) says the establishment...

FIFA Rejects Iran’s Request to Move World Cup Matches from U.S.

FIFA has declined a request from Iran’s football federation...

“She Was My Crush” – Crayon Opens Up on Tiwa Savage’s Influence

Nigerian singer Crayon has shared a personal story from...

Omotola Jalade’s Mother’s Love Hits ₦100 Million, Sets Charity Record

Nigerian actress and filmmaker Omotola Jalade-Ekeinde has reached a...

Carrick’s Key Decisions Questioned as Man United Struggle Against Leeds

Manchester United went into halftime trailing 2–0 against Leeds...

Man United Fans Question Martinez Red Card Decision

Fans of Manchester United have raised concerns over a...

Oborevwori Backs Cubana Millennium City Project as Boost for Investment in Asaba

By Anne AzukaDelta State Governor, Sheriff Oborevwori, has described...

Oborevwori Urges Quality Delivery as NASS Committees Begin NDDC Project Oversight in Delta

By Anne AzukaDelta State Governor, Sheriff Oborevwori, has called...

Related Articles

Popular Categories

spot_imgspot_img