Carpon
Valued Contributor
Any Nigerian and up-to-date non Nigerian most have heard and known about the change in the design of the top three currency denominations. This came along with a regulation or should a say a limit setting on what individuals and corporate firms can withraw from their bank accounts on a daily and eventually monthly and yearly basis.
This indeed has posed a threat on the POS business people since the way they operate is by offering withrawal services and now that they don't have the ability to withraw much from banks, they won't be able to function properly or even completely.
So what do you think is the fate of this business. Do you think the business can still stay or there could be alternative routes that will be devised in such a way that it will favour the survival and existence of this kind of business.
Please share your thoughts and perspective on this with me and us all in the comments.
This indeed has posed a threat on the POS business people since the way they operate is by offering withrawal services and now that they don't have the ability to withraw much from banks, they won't be able to function properly or even completely.
So what do you think is the fate of this business. Do you think the business can still stay or there could be alternative routes that will be devised in such a way that it will favour the survival and existence of this kind of business.
Please share your thoughts and perspective on this with me and us all in the comments.
