Affordable, widely accepted, and built for everyday spending, the Naira Visa Debit
Card brings electronic payments within reach for millions of Nigerians
Lagos, Nigeria – May 15, 2026 – First Bank of Nigeria Limited has announced the launch of its Naira
Visa Debit Card, in partnership with Visa to extend accessible, reliable electronic payment capabilities
to a broader segment of the Nigerian population.
The card is targeted at everyday consumers who require a dependable payment instrument for
routine domestic and international transactions. Accepted across POS terminals, ATMs, and online
platforms through Visa’s payments network, the Naira Visa Debit Card is designed to reduce friction
for customers transitioning from cash to electronic payments across retail, utilities, and digital
commerce.
The launch aligns with Nigeria’s ongoing drive toward a cashless economy, a policy direction that has
gained significant momentum following successive Central Bank of Nigeria directives encouraging the
adoption of electronic payment channels. The card is intended to serve customers across the
country’s diverse economic segments.
Speaking on the launch, Chuma Ezirim, Group Executive, eBusiness & Retail Products, FirstBank,
said: “Everyday transactions should be simple, secure, and rewarding. The Naira Visa Debit Card is
designed to make life easier for our customers, whether they are paying for groceries, settling utility
bills, or shopping online. By extending reliable electronic payment access across Nigeria, we are
helping more people transition confidently from cash to digital payments, supporting the nation’s
cashless policy and empowering communities with greater financial inclusion.”
Commenting on the strategic importance of the partnership, Andrew Uaboi, Vice President and
Cluster Head, West Africa, Visa, noted: “A strong payments ecosystem is one that works for
everyone. The Naira Visa Debit Card extends reliable electronic payment access to everyday Nigerian
consumers, and this in addition to the cards in our portfolio continues to demonstrate what a truly
comprehensive card portfolio looks like for the Nigerian market. Visa is proud to power this offering
with FirstBank.”
The launch of the Naira Visa Debit Card broadens Visa card portfolio at FirstBank that already
includes products spanning credit cards and High-end premium lifestyle spending cards. The addition
completes its offering across customer segments, ensuring that cardholders at every income level
have access to a product suited to their needs.
The Naira Visa Debit Card is available to all eligible FirstBank account holders through any of the
bank’s branches nationwide.
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About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers,
merchants, financial institutions, and government entities across more than 200 countries and
territories. Our mission is to connect the world through the most innovative, convenient, reliable and
secure payments network, enabling individuals, businesses and economies to thrive. We believe that
economies that include everyone everywhere, uplift everyone everywhere and see access a
foundational to the future of money movement. Learn more at Visa.com.
Media Contact:
Babatunde Aribido
