The Central Bank of Nigeria (CBN) has triggered reactions on its official Twitter handle after sharing a video clip of a sugarcane seller attending to his customers using a Point of Sales (POS) machine.
Raye24reporters understands that the development came amid the hardship of transactions following the scarcity of new naira notes across the country.
Recall that the CBN had given February 10, 2023, as a deadline for the acceptability of old N1000, N500 and N200 notes. The apex bank had earlier announced January 31st as the deadline but eventually postponed it after outcry from Nigerians.
The CBN has, in several publications, urged citizens to visit POS operators and money agents to swap their naira notes before the new deadline. Subsequently, it gave a directive to commercial banks to commence issuing the new naira notes on the counter.
On its official handle on the microblogging platform on Thursday evening, the CBN shared a video clip with the caption: “There are no boundaries to going cashless.”
See the post below:
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