Category : Search result: CBN foreign card transactions


CBN Directs Banks to Enable Foreign Card Use on ATMs, POS

The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.

Foreign Capital Inflows to Nigeria Jump 70% in 2025

CBN Governor Yemi Cardoso reports a 70% surge in foreign capital inflows to $20.98bn for 2025. The removal from the FATF grey list is a key driver. Will this translate to better living standards for Nigerians?

US Suspends Green Card Processing for Nigerians

The Trump administration has suspended green card and citizenship applications for Nigerians and other nationals under an expanded travel ban. Learn the full list of affected countries and the reasons behind this major policy shift.

Harry and Meghan Share 2025 Family Christmas Card

The Duke and Duchess of Sussex release their 2025 holiday card and a video from Archewell Philanthropies, featuring family moments and a look back at their charitable work. See the photos and details here.

US Suspends Green Card Processing for Nigerians

The US has suspended green card and citizenship applications for Nigerians under new Trump travel restrictions. Learn the full list of affected countries and what this means for thousands.

CBN Guide: How to Report Banks for Failed Transactions

The Central Bank of Nigeria has outlined clear steps for customers to escalate complaints against banks over wrongful debits, failed transactions, and excessive charges. Learn the process to protect your rights.

CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B

The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Ten-man Roma fall at Cagliari, Napoli vs Juve up next

AS Roma's Serie A title hopes suffer a blow after a 1-0 loss to Cagliari with 10 men. The defeat leaves them three points behind Inter Milan as Napoli prepare to host Juventus. Read the full match report.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

US Pauses Immigration for 19 Countries Under Travel Bans

The Trump administration has paused all immigration applications, including green cards, for nationals from 19 countries already under travel bans. The move follows a security incident in Washington D.C. Read the full details and implications.

CBN Sets New Cash Withdrawal Limits Effective 2026

The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.

Naira Strengthens as Dollar Inflows Surge Over 64%

The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.

Best Gift Card Rates in Nigeria 2026

Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.

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