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Amidst FX liquidity surge, banks raise Naira card limit abroad

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Amidst FX liquidity surge, banks raise Naira card limit abroad

03 Jun, 2026

Nigerian banks are increasing international spending limits on naira debit cards as improving foreign exchange liquidity continues to strengthen confidence in the country’s financial system.. The development marks a significant turnaround from the period when severe dollar shortages forced banks to suspend or sharply restrict the use of naira cards for overseas transactions.....................…...READ MORE