• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy 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
UBA POS

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.

“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.

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.

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 a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

Breaking news title on world map over blue background. Breaking news concept. Horizontal composition with copy space. Front view.
Crime

Breaking: Health workers killed as bandits attack Zamfara community

by Freelanews
January 15, 2020
domestic violence
Crime

Man sets wife on fire over air conditioner dispute

by Rtn. Victor Ojelabi
August 1, 2024
gunmen 1
Crime

‘Sad.’ Gunmen kidnap community health officer, nursing mum in Plateau State

by Freelanews
May 6, 2021
WhatsApp Image 2020 11 11 at 05.46.17
Crime

‘I dare you’ CNN confronts FG, releases second report on Lekki shootings

by Rtn. Victor Ojelabi
November 24, 2020
Orji Uzor Kalu
Crime

Ex-Abia governor, Kalu, released from Kuje Prison

by Freelanews
June 3, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Presvy Onyeka

Family demands justice over Presvy Onyeka killing in Cross River

February 1, 2026
Ifunanya Nwangene

Singer Ifunanya Nwangene dies in tragic snake bite in Abuja

February 1, 2026
SDNON

SDNON congratulates Dr. Patrick Ebojele on Edo CPS appointment

February 1, 2026
Lewis Obi

Veteran journalist Lewis Obi dies at 77

February 1, 2026
  • Trending
  • Comments
  • Latest
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

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
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 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
Presvy Onyeka

Family demands justice over Presvy Onyeka killing in Cross River

February 1, 2026
Ifunanya Nwangene

Singer Ifunanya Nwangene dies in tragic snake bite in Abuja

February 1, 2026
SDNON

SDNON congratulates Dr. Patrick Ebojele on Edo CPS appointment

February 1, 2026
Lewis Obi

Veteran journalist Lewis Obi dies at 77

February 1, 2026
February 2026
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
« Jan    
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

  • AGN

    AGN aware of Amandi detention but denies coup link

    0 shares
    Share 0 Tweet 0
  • Breaking: Nollywood actor Stanley Amandi arrested over alleged coup plot against Tinubu

    0 shares
    Share 0 Tweet 0
  • From global acclaim to grassroots impact: Kayode Ajulo’s selfless service journey

    0 shares
    Share 0 Tweet 0
  • Petrol price may hit N1,000 as crude oil surges above $70

    0 shares
    Share 0 Tweet 0

Just Published!

Presvy Onyeka

Family demands justice over Presvy Onyeka killing in Cross River

February 1, 2026
Ifunanya Nwangene

Singer Ifunanya Nwangene dies in tragic snake bite in Abuja

February 1, 2026
SDNON

SDNON congratulates Dr. Patrick Ebojele on Edo CPS appointment

February 1, 2026
Lewis Obi

Veteran journalist Lewis Obi dies at 77

February 1, 2026
Pastor Kingsley

Pastor Kingsley Okonkwo defends Bible-Inspired tattoo

February 1, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 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

© 2025 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.