FirstBank of Nigeria has announced that its Automated Teller Machines (ATMs) nationwide now accept internationally issued payment cards, allowing users to withdraw cash using foreign debit and credit cards while in Nigeria. This move comes after the Central Bank of Nigeria (CBN) directed all banks to configure ATMs, point-of-sale (POS) machines and online terminals to support foreign card transactions.
In an email to customers, FirstBank said the upgrade means cardholders can now use their international or globally accepted bank cards at any FirstBank ATM across the country, providing secure, reliable and seamless access to funds for visitors, diaspora Nigerians and foreigners.
“You can conveniently withdraw cash at any FirstBank ATM using your foreign-issued or internationally accepted bank cards,” the bank’s communication to customers reads, underscoring the convenience and extended access the service offers.
CBN Directive Behind the Change
The development follows a CBN circular dated December 18, 2025, which asks lenders to ensure all ATMs, POS terminals and digital payment interfaces are configured to accept foreign cards that have Nigerian acquirers and comply with global card network standards. The circular also requires banks to maintain system availability, provide multi-factor authentication for higher-value transactions, and clearly communicate applicable exchange rates and fees to users.
What This Means for MSMEs and Customers
For small and medium enterprises (MSMEs) operating in retail, hospitality, tourism, and services, the FirstBank update has practical business implications. Accepting international cards through ATMs and integrated payment networks can:
- Increase spending by foreign customers and diaspora visitors who may prefer card access over cash.
- Support smoother cross-border transactions for business travellers and expatriates.
- Encourage greater financial inclusion, as more payment channels become available for both buyers and sellers.
- Complement digital payment strategies where card-based receipts can boost transparency and reduce reliance on cash.
The updated ATM acceptance policy aligns with broader efforts to position Nigeria as a more open and responsive financial market during peak travel seasons like the festive period, when demand for cash withdrawals traditionally rises.
Background on International Card Use in Nigeria
In recent months, several Nigerian banks have resumed or expanded international transaction capabilities on debit cards following years of restrictions driven by foreign exchange (FX) challenges. This shift toward more open card usage has seen banks restore international spending and withdrawal limits on naira-linked cards and improved digital infrastructure for cross-border capabilities.
