More
    HomeNewsCBN Bans Dollar Charges On Domestic Transactions

    CBN Bans Dollar Charges On Domestic Transactions

    Published on

    The Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, Afrigo.

    Launching the card virtually, this morning, the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, said that transaction charges on all cards would henceforth be paid in naira, except for international transactions.

    According to him, Afrigo would be cheaper and would be a matter of national pride, with the potential to boost financial inclusion.

    Latest articles

    Nestoil: Group accuses Lagos CP of compromise as Court writes for enforcement of Order

    Nigerian Equity and Justice Movement has accused the Lagos State Police Commissioner, Moshood Jimoh...

    Trump’s military threat to Nigeria reckless – US Congresswoman Sara Jacobs

    A United States Congresswoman, Sara Jacobs, has described as reckless President Donald Trump’s military...

    I was sexually harassed by music executives as a teenager – Yemi Alade

    Nigerian singer Yemi Alade has opened up about the challenges she faced during her...

    Nnamdi Kanu’s case proof of religious persecution in Nigeria – US lawmaker, John James

    Former chairman of the Africa Subcommittee and now a member of the Energy and...

    More like this

    Nestoil: Group accuses Lagos CP of compromise as Court writes for enforcement of Order

    Nigerian Equity and Justice Movement has accused the Lagos State Police Commissioner, Moshood Jimoh...

    Trump’s military threat to Nigeria reckless – US Congresswoman Sara Jacobs

    A United States Congresswoman, Sara Jacobs, has described as reckless President Donald Trump’s military...

    I was sexually harassed by music executives as a teenager – Yemi Alade

    Nigerian singer Yemi Alade has opened up about the challenges she faced during her...