Visa Partners with First Bank of Nigeria to Expand Electronic Payment Access Nationwide

Andrew Uaboi, Vice President and Cluster Head for West Africa at Visa, stressed the importance of inclusive payment infrastructure. “A strong payments ecosystem is one that works for everyone,” Uaboi said, adding that the new card extends reliable electronic payment access to everyday Nigerian consumers. The partnership reflects Visa’s broader strategy to deepen digital payment penetration and strengthen Nigeria’s financial ecosystem.

The launch also enhances FirstBank’s existing Visa card portfolio, which includes credit cards and premium lifestyle products tailored to different customer segments. Industry experts believe this expansion will support growth in retail banking, e-commerce, and digital financial services as more Nigerians adopt online and mobile payment solutions. The new Naira Visa Debit Card is now available to eligible FirstBank account holders through the bank’s branches nationwide.

As Nigeria continues to digitize its financial landscape, initiatives like this partnership play a crucial role in building a more inclusive and efficient economy. The widespread adoption of such tools could further accelerate the country’s transition toward a cashless society, benefiting consumers, businesses, and the broader economy.