Nigerian Banks suspend ATM and POS transactions abroad

Deposit Money Banks in Nigeria have announced temporary suspension of overseas ATM card services and POS transactions.

Some of the banks in an email to their customers, attributed the adjustment to dollar scarcity and challenges faced by manufacturers in sourcing foreign exchange from the economy.

The banks added that the move was in line with current economic realities.

Newsletter

Stay in Touch with Us, Subscribe to Our Newsletter


Watch Live

x