Effective immediately, the existing limit on the usage of naira denominated cards for transactions overseas has been reviewed downward, the Central Bank of Nigeria (CBN) has said.
Consequently, the apex bank now pegs it at $50,000 per person per annum, representing 66.7 percent below $150,000 it sto
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
