The central bank of Nigeria has cut overseas spending by Naira debit card holders from $150K to $50K per annum. this is said to be as a result inadequate foreign exchange to pay for rising amount of cardholders’ overseas spending.
The circular, signed by the Director, Trade and Exchange, CBN, Mr. Olakanmi Gbadamosi, also directed Deposit Money Banks in the country to peg their customers’ daily cash withdrawals overseas at $300.
How we wey dey spend big go do now o. *winks*
The circular, signed by the Director, Trade and Exchange, CBN, Mr. Olakanmi Gbadamosi, also directed Deposit Money Banks in the country to peg their customers’ daily cash withdrawals overseas at $300.
How we wey dey spend big go do now o. *winks*
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