‘Bank officials sell us naira notes’ — PoS operators explain increase in charges | TheCable
In separate interviews with NAN in Abuja on Friday, some of the operators said they pay an exorbitant fee which depends on the amount withdrawn.
An operator along Nyanya-NNPC road, who preferred anonymity, said she paid the extra charge to keep her business going. ”The woman that I collect money from even increased the money today because she said that cash is scarce and she kept it for me because I called her earlier to do so.”I pay according to the amount I collect. Sometimes, I pay as high as N5,000 for N50,000 to N70,000 that I collect from her.
Also speaking, Nnedi Ikonye, a PoS operator along Lugbe, said she paid N3,000 for withdrawing N65,000 in a bank.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Naira Scarcity: POS Operators raise charges as bank apps leave customers stranded and moreFind these stories and much more when you grab a copy of The Guardian on Friday.
Read more »
Newspaper Headlines: Chaos at banks, businesses suffer over scarcity of naira notes | TheCableReports on scarcity of the naira notes and comment of Nasir el-Rufai, governor of Kaduna, dominated the cover pages of Nigerian newspapers
Read more »
ICPC arrests ‘serial entrepreneur’ selling new naira notes on social media | TheCableThe Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested one Oluwadarasimi Emma selling the new naira notes on social media. In a statement issued on
Read more »
Fashola: Naira notes scarcity hurting Nigerians | The policy must be reviewed | TheCableBabatunde Fashola, minister of works and housing, says the Central Bank of Nigeria (CBN) policy introducing new naira notes and phasing out the old needs to be reviewed because it is hurting Nigerians.
Read more »
BREAKING: CBN directs banks to start paying new naira notes over the counter | TheCableThe Central Bank of Nigeria (CBN) has directed commercial banks to start paying the redesigned naira notes to customers over the counter. In a statement on Thursday, Godwin Emefiele, CBN
Read more »
Bandit leader flaunts redesigned naira notes, claims to have 'plenty in sacks' | TheCableKachalla Baleri, a bandit kingpin, terrorising Kaduna communities has released a video clip showing off the newly redesigned naira notes.
Read more »