Nigerians abroad, mostly students, yesterday took to the streets to protest CBN’s proposed ban on naira-denominated debit/credit cards for dollar-denominated transactions.
The ban is to take effect from January 1, 2016. Nigerian banks will not allow their customers use naira-denominated debit/credit cards for transactions denominated in Forex. This means also that bank customers will not be able to use their cards to buy products from foreign e-commerce sites like e-bay and amazon.com in which payments are made in Forex.
Different photos of placard-carrying protesters had gone viral on the Internet on Saturday, in which the youths stated that they needed the payment cards to survive.
See the photos below:
Senator Ben Murray Bruce also took to his Facebook page to share his thoughts on the ban. See his post below:
The post Photos Of Nigerians Abroad Protesting CBN’s Naira Debit/Credit Card Ban appeared first on KokoFeed - Nigerian News For The Young Generation.
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