Business

BREAKING: Dollar Charges On Domestic Transactions Banned

The News You Need

THE Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, Afrigo.

Launching the card virtually, this morning, the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, said that transaction charges on all cards would henceforth be paid in naira, except for international transactions.

According to him, Afrigo would be cheaper and would be a matter of national pride, with the potential to boost financial inclusion.

Details later…

VAM News

Recent Posts

Ekiti 2026: INEC opens portal for ad-hoc staff recruitment

News Update The INEC has announced vacancies and recruitment portal opening for registration of eligible…

11 hours ago

Osun APC Promises Issue-Based Campaign, Vows To Unseat Adeleke

THE Osun State chapter of the All Progressives Congress, APC, has said it would adopt…

14 hours ago

APC Tasks Uba Sani With Ekiti Governorship Election Campaign Strategy

THE All Progressives Congress (APC) has appointed Uba Sani, Governor of Kaduna State, as Chairman…

1 day ago

Owo Poly Gets New Rector

News Update APPOINTMENT OF ACTING RECTOR FOR RUFUS GIWA POLYTECHNIC, OWO The Governor of Ondo…

1 day ago

Content creators land in trouble for using EFCC name, logo

THE Economic and Financial Crimes Commission, EFCC, has cautioned individuals and content creators against the…

2 days ago

Fuel price reduces

Some filling stations across Nigeria have reduced the pump price of petrol as they compete…

2 days ago