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Four PoS operators arrested in Benue

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Four PoS operators jave been arrested in Makurdi, Benue State, for allegedly trading in the new naira notes.

The four suspects who were picked at the Nortbank area were issuing the notes to customers above the expected charges with some collecting as high as two thousand naira for ten thousand naira withdrawal.

The operation was led by a Deputy Director with the Central Bank of Nigeria, Harry Agbo.

Scarcity of the redesigned naira notes has continued to bite harder with residents of Makurdi finding it difficult to source money and are daily approaching any available outlet including the PoS where they are charged extra for such transactions.

According to the CBN officials, the four arrested PoS operators will be handed over over to the relevant authorities for further legal actions.

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