• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

‘Unpatriotic’ Banks allegedly collaborate with POS operators to rip off Nigerians

Freelanews by Freelanews
April 3, 2020
in Crime
0 0
0
UBA POS
thenacre-campaign

Many bank customers in Asokoro, Nyanya and Mararaba areas of Abuja on Thursday cried out against alleged exploitation by Point-of-Sale (POS) operators as many ATMs in the FCT had run out of cash.

In separate interviews with the News Agency of Nigeria (NAN), they alleged that most of the banks failed to restock their ATMs since cash previously loaded had been exhausted.

One of the customers, Mr Rufus Abangu, said he visited more than four banks in Asokoro without any luck, hence was left at the mercy of the POS operators, who were charging arbitrarily.

He said that the POS operators charged N200 on each N1000 withdrawal, as against the usual N50 which he had to pay because he needed money desperately.

Odun Ifa 2026
ADVERTISEMENT

“The ATM in banks were not dispensing, at that point, I had no choice, as I was forced to patronise the POS operators,” he said.

Perfect-Aesthetic-social-1

Another customer, Madam Remi Oluwole, said that she was ready to pay any amount as charges at any POS point because she had wasted over two hours at the ATM without any luck.

Oluwole said that most operators were capitalising on the fact that most ATMs were not dispensing to exploit customers.

“Don’t blame them, COVID-19 has brought them easy money.

“Will anybody blame President Buhari for this? Is it his duty to restock ATM? The banks are not sympathetic to the plight of their customers,” she said.

A NAN correspondent who went round the area gathered that the ATMs were not dispensing cash.

Customers were seen queued up at ATMs at various locations as early as 6a.m. without cash to dispense.

Meanwhile, Jaiz bank, Mararaba, that was dispensing had a long queue of customers to attend to.

Mr Austin Oyingbo, a customer noted that the banks that were supposed to be more useful during this lockdown period were worsening the situation.

Some of the customers also stated that some shops were willing to sell, using cash transfer, provided the customer agreed to pay extra charges.

adron lemon friday

At Access Bank in Mararaba, there were 15 points, but only few were dispensing and at a stage all stopped dispensing cash.

A cross-section of the POS Operators who spoke to NAN on condition of anonimity, said that the instruction came from their owners as they were vendors.

One operator, Mr Ibukun James, said that the pressure was too much on POS and some of them employed extra hands to assist.

“The extra hands must be paid, see people coming from distant places to look for money, we have to satisfy them and make profit also,” he said.

NAN observed that some motorists also engaged in panic buying at few petrol stations that opened for business.

Similarly at the gas filling stations, there were long queues of cylinders. (NAN)

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Also read

  • Police arrest mother over alleged killing of newborn in FCT
  • Police arrest two over N10.3m Port Harcourt kidnap

Related Posts

Kogi State funds diversion trial
Crime

EFCC witness testifies on alleged diversion of over N3 billion in Kogi State LGAs

by Quadri Olaitan
April 9, 2025
20200602151341 1159317213 9028741403009671047 428 335 80 webp
Crime

‘8 kids orphaned’ Pastor, wife shot dead on their farm in Taraba

by Freelanews
June 2, 2020
Articles Image Wealthiest Politicians Nigeria Army 1
Crime

‘It is impossible’ Military will never demand peace from terrorists, CDS says

by Freelanews
March 5, 2021
Crime

‘One down!’ Ghanaian pastor arrested for organising church service amid coronavirus

by Freelanews
March 19, 2020
Screenshot 2022 05 09 at 21 01 47 Bamise I was raped from behind by BRT driver %E2%80%94 Witness tells court
Crime

‘He tore my clothes’ Witness claims Bamise’s BRT driver raped her from behind

by Freelanews
May 9, 2022

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Twin doctors

Twin doctors die two days apart in Yobe after sickle cell battle

October 5, 2026
Iretura, Perpetual Atelier

Iretura, Perpetual Atelier partner to drive fashion, creative content

October 5, 2026
Police

Police arrest mother over alleged killing of newborn in FCT

October 5, 2026
Ondo

Many feared killed as helicopter crashes in Igbokoda, Ondo

October 5, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Twin doctors

Twin doctors die two days apart in Yobe after sickle cell battle

October 5, 2026
Iretura, Perpetual Atelier

Iretura, Perpetual Atelier partner to drive fashion, creative content

October 5, 2026
Police

Police arrest mother over alleged killing of newborn in FCT

October 5, 2026
Ondo

Many feared killed as helicopter crashes in Igbokoda, Ondo

October 5, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Canada

    Ex-Nigerian banker Francis Ushie says he spent life savings moving wife, children to Canada before they cut him off

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • Many feared killed as helicopter crashes in Igbokoda, Ondo

    0 shares
    Share 0 Tweet 0
  • Iretura, Perpetual Atelier partner to drive fashion, creative content

    0 shares
    Share 0 Tweet 0

Just Published!

Twin doctors

Twin doctors die two days apart in Yobe after sickle cell battle

October 5, 2026
Iretura, Perpetual Atelier

Iretura, Perpetual Atelier partner to drive fashion, creative content

October 5, 2026
Police

Police arrest mother over alleged killing of newborn in FCT

October 5, 2026
Ondo

Many feared killed as helicopter crashes in Igbokoda, Ondo

October 5, 2026
Police

Police arrest two over N10.3m Port Harcourt kidnap

October 5, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.