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Nairaland Forum / Nairaland / General / Business / CBN To Withdraw POS Operators License Over High Charges (34706 Views)
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CBN To Withdraw POS Operators License Over High Charges by dre11(m): 9:19am On Feb 08, 2023 |
The Central Bank of Nigeria (CBN) Tuesday said it would withdraw the licenses of Point of Sale (PoS) agents found culpable of inflating the charges on customers who withdraw money from their POS in the state. https://dailytrust.com/cbn-to-withdraw-pos-operators-license-over-high-charges/ 24 Likes 5 Shares
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Re: CBN To Withdraw POS Operators License Over High Charges by PlayMaker14: 9:20am On Feb 08, 2023 |
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat. Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other. If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid. 268 Likes 25 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Malory: 9:20am On Feb 08, 2023 |
Tales by moonlight lyrics. 76 Likes 12 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by dedonfranco(m): 9:21am On Feb 08, 2023 |
I have never seen CBN so useless like this before in my life. 170 Likes 15 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Helpfromabove1(m): 9:24am On Feb 08, 2023 |
Were they given license in the first place So if you did not give it what do U want to withdraw Anybody can get pos for his or her business and they pos can also be use for pos business CBN mob 2.7tr as at last Sunday and only printed 900bn in an election period that politicians need all the cash they can get is a policy that will guarantee public unrest and protest but unfortunately the same CBN is now going after POS and banks for its own policy failure CBN should accept its policy failure and work a good solution not going after POS and banks 95 Likes 5 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by benuejosh: 9:27am On Feb 08, 2023 |
That’s the best thing ever. We Nigerians are our own problems. 14 Likes 2 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Moh247: 9:34am On Feb 08, 2023 |
CBN and gragra Anything to make life easier, I support it.. 7 Likes 1 Share |
Re: CBN To Withdraw POS Operators License Over High Charges by gasparpisciotta: 9:48am On Feb 08, 2023 |
Nigerians like taking advantage of the predicament of the average Nigerian 33 Likes 1 Share |
Re: CBN To Withdraw POS Operators License Over High Charges by Nobody: 10:00am On Feb 08, 2023 |
Who is responsible for the shortage of cash in the first place? 53 Likes 5 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by PlayMaker14: 10:07am On Feb 08, 2023 |
benuejosh:We really ate our problem my brother. 32 Likes 5 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Akinsete19(m): 11:27am On Feb 08, 2023 |
The POS we are managing, they want to block it 8 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by id4sho(m): 11:28am On Feb 08, 2023 |
Mtchewww |
Re: CBN To Withdraw POS Operators License Over High Charges by Midah2BA: 11:28am On Feb 08, 2023 |
Re: CBN To Withdraw POS Operators License Over High Charges by emmanuelbrown26: 11:28am On Feb 08, 2023 |
CBN has told d masses to bear with them Bubu has told d masses that d fight is not against d masses, rather d corrupt politicians, terrorism and banditry. Politicians are telling d masses that d fight is against d masses. For d very first time politicians are fighting and d masses felt d fight is for them. Our mumu never do? Of recent, u hardly hear about kidnapping Of recent, no more massive crowd in rallies Of recent, d rate of begging has reduced Of recent, d rate of Owo mi da has reduced Of recent, no more "Oga anything for boys" Does it mean that we hv too many idiots that can't reason objectively in dis kantri? 13 Likes
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Re: CBN To Withdraw POS Operators License Over High Charges by WibusJaga: 11:29am On Feb 08, 2023 |
. Noted. "Nobody will be allowed to mobilise resources and thugs to intimidate people in any constituency." -- BuhariAPC created a Big Monster by allowing a questionable character like Tinubu emerge as Flagbearer (by influencing delegates with money). Now APC, in trying to curb the Big Monster, created another Monster that is suffering Nigerians. Nigerians must reject APC. ![]() 8 Likes
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Re: CBN To Withdraw POS Operators License Over High Charges by tommykiwi(m): 11:29am On Feb 08, 2023 |
How will the CBN know those doing so from their office. 7 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by GENES11S: 11:29am On Feb 08, 2023 |
Nice move for the time being. Most POS in my area are owned by bankers. Once bullion van come drop money, they first make their own withdrawals before loading the rest in the ATM machine. Sometimes, very little (money) is left after they are done with their operation. So people are forced to go and use POS. As usual, na the innocent ones among them go suffer am. 9 Likes 2 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Goodlady(f): 11:29am On Feb 08, 2023 |
Brb 1 Like |
Re: CBN To Withdraw POS Operators License Over High Charges by Nobody: 11:29am On Feb 08, 2023 |
Always doing the wrong things POS people are buying money, what did you expect them to do? Over 20 POS kiosks in my street have all closed shops because they can't access cash 35 Likes 1 Share |
Re: CBN To Withdraw POS Operators License Over High Charges by Melodydoctor: 11:29am On Feb 08, 2023 |
Some of these POS agents spend 14 to 16 hours trying to get money from ATMs and banks. Some of them even bribe their ways just to get some cash and CBN thinks they will just continue with #100 charge for 5k? Las Las all POS agents will pack up and the woes will be quadrupled. 27 Likes 1 Share |
Re: CBN To Withdraw POS Operators License Over High Charges by Bornbiafra: 11:29am On Feb 08, 2023 |
Omo this CBN gov na mugu o 10 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by Brendaniel: 11:29am On Feb 08, 2023 |
Wrong move, you don't make a service more scarce when there is already scarcity.... At the same time: If Nigerian politicians are so disturbed about the currency Policy then Emefiele and Buhari got something right for the people this time 3 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by Rexnegro(m): 11:29am On Feb 08, 2023 |
It's well for those who charges extremely high see what they have caused us that don't 2 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by SouthSouth1914: 11:30am On Feb 08, 2023 |
Laughable, how can they coordinate this fisherman style policy? Do they even have an idea how many POS agents only in Abuja, not to talk of the 36 states! Make money available Dunce CBN stooge! 18 Likes 2 Shares |
Re: CBN To Withdraw POS Operators License Over High Charges by Siwisheswereesh: 11:30am On Feb 08, 2023 |
Nonsense! You gave them the environment to go haywire!! ![]() 6 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by Aldol: 11:30am On Feb 08, 2023 |
They should,it's long overdue #OperationEndPos |
Re: CBN To Withdraw POS Operators License Over High Charges by 07kjb: 11:30am On Feb 08, 2023 |
That will be great But the commercial banks Should be strictly monitored |
Re: CBN To Withdraw POS Operators License Over High Charges by Diligent1(f): 11:30am On Feb 08, 2023 |
Mr CBN governor, Zenith bank is not opening in Ikorodu, Lagos State. Please help us out, I heard you were once the MD of the bank, our money is stocked there. We can't continue like this please, I need to buy food for my children with the little I have at the bank. |
Re: CBN To Withdraw POS Operators License Over High Charges by visijo(m): 11:31am On Feb 08, 2023 |
So before them get license? Wow 8 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by Nealson(m): 11:31am On Feb 08, 2023 |
This movie long gan..... From fuel to money to pos not to mention high cost of living and high cost of food, may God deliver us all.... The stress and the pain are unbearable anymore 1 Like |
Re: CBN To Withdraw POS Operators License Over High Charges by Ketamine9000mg(m): 11:31am On Feb 08, 2023 |
CBN always taking the wrong steps. They caused inaccessibility of cash forcing POS operators to buy cash. I know an agent that said he bought 10,000 for 1,300 and he put his own charges at 1,500 for every 10,000 withdrawn. People struggle to get money at ATM only to get between 2-5k per person. Make cash available to the public and all these problems will die a natural death. It is all CBN and the commercial bank fault. Face the root cause and not just the complications. 9 Likes |
Re: CBN To Withdraw POS Operators License Over High Charges by HomoSapiien: 11:31am On Feb 08, 2023 |
Bornbiafra:No be ordinary mumu, na mumu of the highest order. 8 Likes |
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