Read Ben Murray-Bruce's reaction to CBN's ban of ATM use abroad
Senator Ben Murray Bruce has reacted to the Central Bank of Nigeria's
decision to ban Nigerians from using their debit and credit cards
abroad. Reports about the planned ban came to light few days ago when
BBC quoted a source as saying that the CBN will from January 1st 2016
stop foreign purchase via the use of credit or debit card. The decision
is reportedly part of the government's effort to try to stem the flow of
foreign exchange out of the country.
The CBN has also reportedly written to various commercial banks about
this decision while some banks have also notified their customers,
saying it is a temporary measure. Sen. Ben Murray-Bruce however thinks
this decision is not a wise one. His reaction after the cut...
No comments:
Post a Comment