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Nairaland Forum / Nairaland / General / Business / Mini Importers How Are You Coping With Weak Naira And Debit Card Restriction? (327 Views)
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Mini Importers How Are You Coping With Weak Naira And Debit Card Restriction? by CyberHustle: 4:00pm On May 12, 2023 |
I was one leg into mini importation before they blocked international transaction on debit cards and high black market rate wiped off most of the remaining profit margin on aliexpress goods. I started the thread to get newest insight into how others are surviving these harsh conditions and making profits. |
Re: Mini Importers How Are You Coping With Weak Naira And Debit Card Restriction? by CyberHustle: 9:49am On May 13, 2023 |
A number of options I think may be possible. 1) Look for someone trying to send money back to Nigeria and have him pay for my orders while I give naira equivalent to the intended beneficiary. 2) Look for someone trying to send money back to Nigeria and have him fund my wallet or pocket as they call it, while I give naira equivalent to the intended beneficiary. 3) Go through China to Nigeria agents who sell dollar for N750-N800 and around 5k per kilogram. 4) Virtual dollar cards to be funded at around N750-N800 per dollar. Cc : FOD, dominique, puskin, naijacutee, nlfpmod, Seun, Lalasticlala. |
Re: Mini Importers How Are You Coping With Weak Naira And Debit Card Restriction? by CyberHustle: 1:00pm On May 15, 2023 |
Group importers are not available too. It would allowed many of us to either buy & ship in bulk or buy separately & ship together. |
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