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Minister of communications, Dr Pantami lauds CBN’s decisions to review POS charges


Communications Minister Dr Pantami welcomed the decision of the Nigerian Central Bank (CBN) to review the costs of transactions with electronic money and commissions for servicing ATMs and cards. 

This was included in the statement on Wednesday, December 25th. 


Dr Pantami said that this decision will help digitize the economy. The decrease in the cost of services will stimulate a more active participation of customers in electronic services. Especially in the field of banking and financial sectors.

“Regulation of this financial regulator will not help to modernize the digital economy, but will increase the involvement of customers in electronic services,” said Pantami. , To do this. Reduced commission for transactions with electronic money.

Content created and supplied by: Swankyamim (via Opera News )

Nigerian Central Bank POS Pantami

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