List of banks in Nigeria limiting foreign currency spending on naira cards

Nigerians have now made it so that people in Nigeria who use naira atm cards will no longer be able to spend more than $20 or $50 with it online in a month.

Bad news for people who are used to making regular purchases with their cards online, spending in dollar, pounds or euro.

Check below to see what the status is as at May 1, 2022.

UBA – $20

Zenith – $20

First Bank – $50

GTBank – $20

Sterling – $20

Union – $20

This is expected to curb the massive loss naira has had against the dollar.

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