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

Women Group Applauds Olukoyede, Seeks Collaboration in Fight against Corruption

By Francis WilfredThe President, Women Community in...

Kaduna Journalists Trained on Digital Tools to Strengthen Peace Reporting

By Achadu Gabriel, KadunaSixty journalists and media practitioners in...

Nigerian Stars Shine Across Europe: Osimhen, Olayinka and Ibrahim Lead the Charge

Nigerian footballers delivered standout performances across Europe over the...

Abuja Residents Applaud Tinubu, Wike Over Satellite Town Roads

By Joyce Remi-BabayejuResidents of satellite communities in Abuja, particularly...

Miaphen Launches Grassroots Campaign Structure for Qua’an Pan/Shendam/Mikang Reps Race

By Israel Adamu, JosA House of Representatives aspirant for...

Related Articles

Popular Categories

spot_imgspot_img