{"id":246367,"date":"2023-02-03T14:51:08","date_gmt":"2023-02-03T13:51:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=246367"},"modified":"2023-02-03T14:51:08","modified_gmt":"2023-02-03T13:51:08","slug":"video-cbn-reacts-as-sugarcane-seller-uses-pos-machine-for-his-customers","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/02\/03\/video-cbn-reacts-as-sugarcane-seller-uses-pos-machine-for-his-customers\/","title":{"rendered":"Video: CBN Reacts As Sugarcane Seller Uses POS Machine For His Customers"},"content":{"rendered":"

The Central Bank of Nigeria (CBN) sparked outrage after sharing a video clip of a sugarcane seller attending to his customers using a Point of Sales (POS)<\/a> machine on its official Twitter account.<\/p>\n

WITHIN NIGERIA understands that the development occurred amid the difficulty of transactions caused by the scarcity of new naira notes throughout the country.<\/p>\n

Remember that the CBN set February 10, 2023, as the deadline for the acceptance of old N1000, N500, and N200 notes. The apex bank had previously announced January 31st as the deadline, but it was later postponed due to public outcry.<\/p>\n

In several publications, the CBN has urged citizens to visit POS operators and money changers to exchange their naira notes before the new deadline. Following that, it directed commercial banks to begin issuing new naira notes on the open market.<\/p>\n

On Thursday evening, the Central Bank of Nigeria (CBN) shared a video clip with the caption: “There are no boundaries to going cashless.”<\/em><\/strong><\/p>\n

Social media users have reacted to the post.<\/p>\n

See the post below:<\/strong><\/p>\n

\n

There are no boundaries to going cashless! pic.twitter.com\/UKUQLsFPVo<\/a><\/p>\n

— Central Bank of Nigeria (@cenbank) February 2, 2023<\/a><\/p><\/blockquote>\n