UBA, Wema Resume International Naira Card Transactions After 3-Yr Suspension
23 Articles
23 Articles
Nigerian banks resume international naira cards transactions
Two Nigerian commercial banks have ended a five-year embargo on international transactions on their naira cards. The development comes barely five years after several commercial banks suspended international transactions on naira debit cards. In separate announcements to customers on Friday, July 4, 2025, Wema Bank and United Bank for Africa (UBA) stated that the service has been reactivated on their naira cards. In the UBA announcement, the ban…
After Years Of Suspension, Nigerian Banks Resume International Transactions On Naira Cards - Thepodiummedia
Two Nigerian commercial banks, United Bank for Africa (UBA) and Wema Bank, have resumed international transactions on their naira cards. This allows customers to make payments in foreign currencies. This change comes three years after several banks in the country suspended the service due to a serious shortage of foreign exchange. At that time, international card usage was halted on both ATM and point-of-sale platforms, affecting users who relie…
After Years Of Suspension, Nigerian Banks Resume International Transactions On Naira Cards - News360 Info - Breaking News, Nigerian News and Multimedia, World News.
The development comes about three years after many banks suspended international transactions on naira debit cards. Three commercial banks in Nigeria have announced the reinstatement of international transactions on their naira cards. In separate announcements to customers, the United Bank of Africa (UBA), Wema Bank, and the Guaranty Trust Bank (GTB) said the service has […] The post After Years Of Suspension, Nigerian Banks Resume International…
UBA, GTB, Wema Resume International Transactions on Naira Cards After Three-Year Suspension - TV360 Nigeria
Three leading commercial banks in Nigeria United Bank for Africa (UBA), Guaranty Trust Bank (GTB), and Wema Bank have announced the resumption of international transactions on their naira-denominated debit cards, nearly three years after suspending the service due to foreign exchange (FX) pressures. In separate communications to customers this week, the banks confirmed that their naira cards can once again be used for online payments, internatio…
Finally, Nigerian Banks Resume Naira Card International Transactions Banned By Buhari
Restrictions on Naira Card International Transactions have been lifted. Newsone Nigeria reports that several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, after nearly three years of suspension by the Muhammadu Buhari administration, allowing customers to make payments on global platforms once again. This online news platform recalls that the restrictions on Naira Card International Transacti…
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