Archives Tag: Corporate Card Transactions
CBN Revises Policy on Oversees Corporate Card Transactions
April 19, 2022
According to an official statement by Stanbic IBTC Bank, following a revised policy from the Central Bank of Nigeria (CBN) on cards issued by Nigerian Banks to corporate organizations, it will no longer be possible to carry out overseas transactions on Naira denominated corporate cards with immediate effect. Corporate entities with FOREX receivables however can … Continue reading CBN Revises Policy on Oversees Corporate Card Transactions
By ejura
