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Description
On 13 April 2015, the Central Bank of Nigeria (CBN) announced a reduction on the use of Naira denominated cards for overseas transactions. The limit was reduced from USD 150'000 to 50'000 per person ...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
13 Apr 2015
Revocation date
13 Jul 2015
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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