Tags : Musa Jimoh

“Nobody Should Pay ₦50 Charges On POS Transactions” -CBN

The Central Bank of Nigeria (CBN) has clarified the issue of payments of ₦50 charges by merchants who use Point of Sale (POS) machines for cashless transactions, insisting that nobody should pay extra on goods and services. The CBN explained that the ₦50 stamp duty is a fee regulated by an act that directs merchants […]