Announcement
13 May 2015
The Central Bank of Nigeria via a Circular dated at 13 April 2015, reduced the limit of the usage of the Naira denominated cards overseas from USD 150.000 to USD 50.000 per year.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
13 Apr 2015
Revocation date:
No revocation date
Updated: 13 May 2015
Control on personal transactions
In force
The Central Bank of Nigeria via Circular TED/FEM/FPC/GEN/01/009, effective from 13 April 2015, introduced a reduction at the total limit concerning the usage of the cards denominated in the nationa...
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