Ogunleye Olamide Babatunde

Rapper Ycee advocates for POS ban after losing over N2 million

Nigerian rapper YCee has urged the government to prohibit the use of point-of-sale (POS) machines following his revelation of a loss amounting to N2 million. The artist shared his experience on his Snapchat account, detailing how he lost over N2 million in 2024. YCee reported that N2.7 million was illicitly withdrawn from his bank account in November 2024. He indicated that these unauthorized transactions were executed using his ATM card, with the total theft occurring over three separate transactions. YCee elaborated that the initial withdrawal involved N1 million, followed by another N1 million, and finally, N700. Upon further investigation, he realized that the funds were not taken through his ATM card as he initially believed, but rather through a POS machine. In other news, Nollywood star and entrepreneur Tonto Dikeh has caught attention with a recent post on social media, stirring up talk about her relationship status.