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CBN Issues Emergency Phone Number To Report PoS Agents Charging High Rate

Following the high rate charge by Point of Sales (PoS) agents, the Central Bank of Nigeria (CBN) has issued an emergency phone…

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New Naira Notes and Point of Sales Machine

Following the high rate charges by Point of Sales (PoS) agents, the Central Bank of Nigeria (CBN) has issued an emergency phone number to Nigerians to report any of the agents selling, issuing or charging higher than the approved rate.

VerseNews Nigeria gathered that most of the PoS operators have taken advantage of the naira scarcity to make wealth for themselves by charging over 300% from selling naira notes to the general public.

A customer who reported this this Online News Media and craved anonymity said he was so angry at the point making trouble when he was charged N400 to withdraw N1,000 for a PoS operator.

Reacting to the situation, VerseNews Nigeria reports that the CBN Governor’s Director’s Department, Joseph Omayuku while addressing journalists warned that individuals involved in the illegal and illicit practice of selling the naira notes and charging high rate should abstain it immediately.

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According to Omayuku, the approved charge for withdrawing N10000 is N200, N5000 is N100 and below for other amounts.

He therefore made available phone number and email address to contact and report to the CBN against any defaulting PoS agent.

The phone number – 07002255226

Email address – contactcbn@cbn.gv.ng

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He also advised Nigerians to the Social media handler to report PoS agents find guilty of the above crime.

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

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