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CBN to replace ATM Cards with new National Cards

Author: Ibrahim Kaze Ishaya

The Governor of the Central Bank of Nigeria, Godwin Emiefele stated that the country will experience a drastic change following the decision to adopt an indigenous card.

It was clearly stated that from January next year, Nigerians will have to visit their banks for the new cards.

For the sake of unify payments across the banking industry, the CBN so it necessary to introduce the new card. It was also added that it will track spending and will be denominated in Naira.

#legit.ng

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