Nigerians struggle to access cash as POS operators increase charges
Amidst the ongoing cash scarcity, Nigerians on Christmas eve scrambled to get cash as Automated Teller Machines (ATMs) of banks ran dry whilst banking agents, popularly known as Point of Sale (PoS) operators took advantage by hiking charges. According to a survey by Leadership in Lagos, PoS operators were charging between N800 and N1,000 for customers withdrawing N20,000 while customers …