The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to ensure the seamless use of foreign-issued payment cards across the country, in a move aimed at improving access to funds and enhancing convenience for tourists and Nigerians returning from the diaspora. The directive, contained in a circular dated December 18, 2025, ‘Ref: FPR/DIR/PUB/CIR/01/012’, mandates banks and non-bank acquirers to guarantee uninterrupted local currency withdrawals, payments, and transfers for holders of foreign cards nationwide........................... . . . . . . . READ MORE