What happened to Nigerian Banking?
Quote from Ndubuisi Ekekwe on September 16, 2020, 12:00 PM
One of the big banks sent this today as its updated Naira card spend limits. Note the $100 per month for international spending! One other bank has that number as $20. Yes, a Nigerian bank can only allow you to spend $20 internationally in a month. Rewind back 2013-2014, we were truly connected into the global system. People visited the U.S. and used their naira cards to take care of bills. What happened to Nigeria?

One of the big banks sent this today as its updated Naira card spend limits. Note the $100 per month for international spending! One other bank has that number as $20. Yes, a Nigerian bank can only allow you to spend $20 internationally in a month. Rewind back 2013-2014, we were truly connected into the global system. People visited the U.S. and used their naira cards to take care of bills. What happened to Nigeria?
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