NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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GTBank lifts dollar spending limit on naira cards to $6,000 amid FX recovery

GUARANTY Trust Bank (GTBank) has raised the international spending limit on its naira cards from $1,000 to $6,000 per quarter. The 500 percent increase indicates a sustained improvement in Nigeria’s foreign exchange (FX) liquidity, according to analysts. In a customer notice on Monday, the bank said: “Please note that the dollar limit on your Naira […]

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