CBN introduces unified ATM card from Monday, 16th January, 2023 as banks’ ATM cards would be suspended

The Central Bank of Nigeria, CBN will begin the rollout of the National Domestic Card scheme to effectively retire ATM cards and unify payments.

From January 16, 2023, Nigerians will begin queueing in their banks for new cards.

CBN said the new card will reduce demand for the dollar as more banks discontinue the use of naira cards for international transactions.

When more information drops I’ll be sure to update you all stay tuned.