The Central Bank of Nigeria has said it will intervene to resolve issues around the new charges adopted by Point of Sale (POS) operators in Nigeria.

Already, Point of Sale agents are meeting with stakeholders across the country to agree on changes in transaction charges for PoS services.

This is following increases in PoS charges across Lagos, Ogun, and Edo states. 

The move was disclosed by the National Public Relations Officer, Association of Mobile Money and Bank Agents in Nigeria, OLUWASEGUN ELEGBEDE.

According to him, other states are working to follow in Lagos’s footsteps and increase transaction charges.