Tag - buying FG

REJECT N50 POS FEE, CBN TELLS CUSTOMERS

The Central Bank of Nigeria (CBN) has asked bank customers not to pay N50 charge to businesses for using point of sale (POS) machines. CBN Director payment system management department, Musa Jimoh, told The Cable that: “the stamp duty is a fee regulated by an act. The CBN doesn’t regulate the stamp duty so we...