cbn levy

  1. CBN’s Electronic Levy Forces PoS Operators to Increase Fees in Nigeria

    Nigeria CBN’s Electronic Levy Forces PoS Operators to Increase Fees in Nigeria

    PoS operators in Nigeria have increased withdrawal charges due to the N50 electronic money transfer levy imposed by the Central Bank of Nigeria (CBN) and cash shortages. The hike, caused by rising operational costs, affects transactions and has led to higher fees for customers, especially during...
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