Home Posts tagged Egmont Group
Banking

Master, Visa cards ‘to be blocked abroad’ as Egmont Group mulls expelling Nigeria

Nigerians may no longer be able to carry out international transactions as Egmont Group is considering expelling the Nigeria Financial Intelligence Unit (NFIU). A major consequence of the expulsion will be the blacklisting of Nigeria in international finance. This could affect the issuance of Mastercard and Visa credit and debit cards by Nigerian banks. It […]