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Nigeria: Money Scarcity, Create Black Market Withdrawal With POS.In Delta State


According source who does not want his name to be mentioned, some black market dealers are now positioning a small table and a POS. machine at the front of banks to
give the banks customers physical cash while the customers make a transfer of the amount they wish to withdraw to the black market dealer account at 10% interest rate, this is due to lack of money in banks ATM.

According to him, he went to withdraw N12, 000 this morning (26/12/2016) but there was no money in all the ATM he visited, he only observe new development at the front of some ATM, a table and a POS. machine so he approached the operator of one, to know what is happening and he was told that he can be given the N12, 000 he wish to withdraw while he transfer N13200 to the black market dealer's account

More details later
  

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