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1k for Customers: PoS Operators Announce New Charges again as Cash Scarcity Persists [Video]

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  • The lack of cash that is happening around the nation is quickly becoming a big cause for concern
  • Some Nigerians complained about the exorbitant costs they had to pay for their withdrawals
  • They expressed worries that the financial situation of many Nigerians will become much more precarious

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The cash scarcity that is occurring in various parts of the country is rapidly becoming a major source of worry and misery for many Nigerians as the Yuletide season slowly approaches.

PoS operators in Nigeria hike charges, citing insufficient cash as the reason. Photo Credit: PoS OperatorSource: Getty Images

According to Nigerian Tribune investigations, the problem, which has been ongoing for several months and doesn’t appear to be getting better, might make matters worse for people and businesses who have been struggling since the year began, particularly around the holiday …

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