The Central Bank of Nigeria has issued guidelines to Nigerians on how to report PoS operators charging a higher than the stipulated rate

The CBN said it has pegged PoS charges at N200 for withdrawals of N10,000 and N100 for N5,000 and below

The apex bank also warned those selling or trading the naira notes to desist from the practice

The Central Bank of Nigeria (CBN) has released steps, an emergency number, and an email address where Nigerians could report Point of Sales (PoS) operators selling, issuing, or charging above the approved rates. The apex bank had pegged N200 for withdrawals of up to N10,000 and N100 for withdrawals of N5,000 and below
CBN Director of Governors' Department, Joseph Omayuku warned syndicates engaging in the illegal and illicit practice of selling the naira notes and charging exorbitant costs to desist.
Omayuku told the public to report defaulting PoS agents by contacting CBN on 0700 225 5226 and telephone extension number 711025 via its email address: contactcbn@cbn.gov.ng
The regulatory bank also urged Nigerians to use its social media handles to report PoS operators. Nigerians have reported that PoS operators have gone rogue and taken advantage of the naira scarcity to rip them off.

Read more: https://www.legit.ng/business-economy/economy/1525290-cbn-issues-phone-number-email-address-report-pos-operators-charging-higher-approved-rate/

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