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POS CHARGE

In a bid to encourage more people to use e-payment channels, especially PoS machines, CBN has disclosed that it would introduce new rules. 
Oil marketers have said it is unfair for petrol dealers to be asked to pay the N50 stamp duty charge for transactions done on PoS machines.
Investigations have disclosed that some retail outlets are still collecting N50 PoS Stamp Duty charge from customers despite CBN's directive.