After three years of suspension, Nigerian banks are gradually resuming international transactions on debit cards denominated in Naira. United Bank for Africa (UBA) and Wema Bank have recently announced the reactivation of this service, marking a significant step in the liberalization of foreign exchange operations in Nigeria. In separate statements, the two institutions confirmed that…...
Trending
- FANAF Seminar: for insurers, digitalization is no longer an option
- Agri-Food: Nestlé Côte d’Ivoire will allocate over 16 billion CFA francs in gross dividends to its shareholders for the 2024 financial year
- BGFI Bank Côte d’Ivoire and SAAR Assurances launch two innovative bancassurance products on the Ivorian market
- Isaac Gnamba-Yao: for a fair and supportive universal postal service
- Kenya: Africa Specialty Risks supports a $2 billion risk reduction agreement to boost foreign investments
- ZLECAf: first full-scale test with a $10 million loan to Telecel
- Cameroon: Nearly $150 million from the IMF for budgetary and climate stability
- Senegal: Sabodala Gold claims $521 million in investments in 2024 despite a challenging year
Nigerian banks reopen access to foreign currencies via Naira cards
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com