Nigeria’s Forex Crisis: First Bank to Suspend Int’l Transactions on Naira Cards

The Nigerian forex crisis is spiraling out of control in defeat to the stringent policies initiated by the Central Bank of Nigeria (CBN) to tackle it. The backdrop is not only evident in rising inflation rate, now 20.52%; it is also visible in its bearing on international transactions. The CBN has continued to limit the … Continue reading Nigeria’s Forex Crisis: First Bank to Suspend Int’l Transactions on Naira Cards