Premium Only Content

Naira Scarcity: We’ll arrest and prosecute PoS operators, others over exorbitant charges — CBN vows
Naira Scarcity: We’ll arrest and prosecute PoS operators, others over exorbitant charges — CBN vows.
The CBN has vowed to prosecute PoS operators who are taking advantage of the current cash scarcity in the country to exploit the general public by charging exorbitantly for transactions.
The CBN Governor Godwin Emefiele said this on February 14th in his meeting with members of the diplomatic corps.
While acknowledging the inconveniences caused by the naira redesign policy including hoarding & an elevated agitation, Emefiele promised to prosecute PoS operators who charge above the stipulated amount.
Also, CBN’s Director, Governor’s Department, Mr Joseph Omayuku on Monday, February 13 warned that those not licensed to be payment agents but acting as one with the sole aim to exploit Nigerians risk arrest & prosecution. Speaking in Yenagoa, Bayelsa State, Omayuku said operators of fuel stations & supermarkets that have been allowing electronic transfers but now insist on cash transactions may be arrested.
-
0:28
Thoughts TV
1 year agoMe dancing in front of MUM
37 -
LIVE
The Bubba Army
20 hours agoDiddy BEGS for Mercy in Judge Letter - Bubba the Love Sponge® Show | 10/03/25
3,959 watching -
LIVE
ZENNY
1 hour agoBO7 IS HERE BOT POV MF HAHAHAHA 6v6 PG18+ | UNFILTERED CHAT | CURSES AND BAD
68 watching -
15:17
Actual Justice Warrior
2 days agoBLM Leader CONVICTED Of Fraud
2.33K22 -
13:19
Zoufry
2 days agoThe Grandpa Gang Who Robbed a Bang For $16 Million
1214 -
2:18:45
The China Show
3 days agoChinese Citizens STRIKE BACK + China's Sick New Punishment Exposed - #282
5973 -
25:20
The Chris Cuomo Project
23 hours agoChris Cuomo EXPOSES Lies Behind the Government Shutdown
5.52K32 -
21:03
Nate The Lawyer
1 day ago $1.65 earnedChicago Mayor Brandon Johnson Under Fire Over ‘Defund’ Remarks Amid Crime Concerns
6.2K9 -
8:05
MattMorseTV
16 hours ago $10.26 earnedSchumer’s SECRET AGENDA just got EXPOSED.
40.1K36 -
16:37
Robbi On The Record
10 hours ago $1.58 earnedThe Theater of Manufactured Outrage - When Left and Right Dance for the Same Puppet Master
4.59K4