Browsing Tag
POS Charges
2 posts
CBN Imposes N100,000 Daily Limit on PoS Withdrawals
This development comes on the heels of the CBN’s recent fine of N150 million on banks issuing new notes to hawkers.
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has introduced a daily limit of N100,000 on Point of … Continue Reading
VP Shettima Urges Action Against Exploitative PoS Charges
Shettima urges Nigerian banks to take immediate action to curb exploitative PoS charges and address cash availability to promote financial inclusion.
Vice President Kashim Shettima has called for immediate action from Nigerian Deposit Money Banks (DMBs) and the Central Bank … Continue Reading