Nigerian Banks Restore Dollar Access on Naira Cards After FX Relief
Several Nigerian banks have resumed allowing international transactions on Naira-denominated debit cards, a development attributed to improved foreign exchange (FX) liquidity. Until recently, only Providus Bank allowed limited dollar transactions for its premium clients using Naira cards. However, Guaranty Trust Bank (GTBank), United Bank for Africa (UBA), Wema Bank, and Stanbic IBTC have now reinstated […]