CBN Orders Banks To Ban Nigerians From Using Debit & Credit Cards Abroad

cbn ban nigerians credit cards abroad

December 21, 2015 – CBN Orders Banks To Ban Nigerians From Using Debit & Credit Cards Abroad, Outside Nigeria

Come January 1st 2016, all Nigerians will have no access to their debit and credit cards outside the country.

The CBN (Central Bank of Nigeria) today sent a directive to all banks to put the temporary measure in place in order to obstruct the flow of foreign exchange out of Nigeria.