CBN accuses banks, PoS operators of hoarding cash, threatens sanctions
The Central Bank of Nigeria (CBN) has threatened to sanction banks and Point of Sales (POS) operators found to be complicit in the apparent Naira scarcity in parts of the…
PoS operators at loggerheads over new service charge
Point-of-sale (PoS) operators in Nigeria are divided over the implementation of new service charges that commenced on Monday. The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) had…