Nigerian banks have resumed dollar transactions on naira debit cards, ending a long pause caused by forex supply pressures.

Good morning! Here is today’s summary from Nigerian Newspapers: 1. Minister of the Federal Capital Territory, Nyesom Wike, on ...

The development comes about three years after many banks suspended international transactions on naira debit cards or dip in dollar liquidity, forcing many local lenders to restrict transactions of ...

With expanding foreign exchange inflows and a relatively stable naira, which has given businesses the confidence to plan and ...

These reforms, including the unification of exchange rates and increased market-driven pricing, have been pivotal in ...

Several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, after nearly three years of suspension,  allowing customers ...

The Naira today gained ground, appreciating to N1,560 per dollar in the parallel market from N1,580 per dollar on Thursday.

The naira depreciated against the dollar across official and parallel foreign exchange markets to end the week on a negative ...

The Naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar. Data obtained ...

Two Nigerian commercial banks have ended a five-year embargo on international transactions on their naira cards. The ...

Wema Bank and UBA have resumed foreign transactions on their Naira cards, enabling customers to make international payments ...