The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report erring Point of Sales (POS) agents selling new naira notes and those selling charging exorbitantly for withdrawal.

The Director, CBN Governor’s Department, Mr Joseph Omayuku, made this known during a briefing with journalists in Yenagoa, Bayelsa State capital on Tuesday.
While warning syndicates engaging in illegal practices to desist forthwith, Omayuku advised members of the public to report erring PoS agents by reaching out to the CBN contact centre on 07002255226; Telephone Ext: 711025 – 7; contactcbn@cbn.gov.ng and its social media handles.

Those who reject online payments cite challenges associated with it as reasons.
The CBN official, however, countered the analogy, saying it is “not as bad as to warrant rejection of transfer payments.”
Meanwhile, Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele on Tuesday told the Diplomatic Corps that an extension of the February 10 deadline for the circulation of the redesigned N200, N500 and N1, 000 notes was unnecessary.

He blamed the scarcity of the new notes on the activities of some unscrupulous bankers and members of the society, who were trying to sabotage the policy, warning that such people would be sanctioned along with Point of Sales, POS, operators imposing heavy charges on customers

In a statement, yesterday, signed by the special adviser to the President, PEBEC, Dr Jumoke Oduwole, the move by President Buhari, marks an important step in the delivery of an enabling environment for micro, small and medium-sized enterprises (MSMEs) in Nigeria.