The Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, AfriGo, aimed at creating a more robust payment system that would drive financial inclusion in the country.

Speaking at the virtual launch of the card, the CBN Governor, Godwin Emefiele said that transaction charges on all cards would henceforth be paid in Naira, except for international transactions.

He said AfriGo is cheaper and would be a matter of national pride.

Emefiele said while the penetration of card payments in Nigeria had grown tremendously over the years, many Nigerians were still excluded.