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Nairaland Forum / Nairaland / General / Business / "No More International Transactions!" Did You Receive This? (58581 Views)
Zenith Bank Suspends International Transactions On Naira Cards / You Need A Good Dollar Card? Try Tribapay For Your International Transactions / First Bank Suspends International Transactions On Naira Cards From September 30 (2) (3) (4)
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Re: "No More International Transactions!" Did You Receive This? by Cmanforall: 1:12pm On Sep 21, 2022 |
Ishilove:It makes sense with the current economic situation in Nigeria. Otherwise, the banks will be dishing out their foreign exchange to other clients (countries) when one uses Naira card. However, when you use a dollar card from Nigerian bank, your transactions will go through. 1 Like |
Re: "No More International Transactions!" Did You Receive This? by Mayeldah(m): 1:13pm On Sep 21, 2022 |
Kasssandra: Same APC and Buhari that were singing since 2015 that oil sold for $100 and GEJ did not nothing with it are now crying that despite price increase subsidy and oil theft has gone up. There is a saying that a child that blame his father for not owning a car will grew up one day to understand reason it was difficult for his father to own one. Visionless leaders. PDP even tried small, you see this APC, always blaming everyone else for their woeful performances. 6 Likes |
Re: "No More International Transactions!" Did You Receive This? by Emman08: 1:14pm On Sep 21, 2022 |
Economy is crumbling at an unprecedented level. Well done Buhari administration |
Re: "No More International Transactions!" Did You Receive This? by Ekugbeh(m): 1:16pm On Sep 21, 2022 |
Crypto comes to mind |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:16pm On Sep 21, 2022 |
datola:The difference is $20 dollars dude. At least mini buyers were still managing. Now it is nothing. This will push more people to hustle online for dollars than ever before. What Buhari truly cannot destroy doesn't exist. Sellable digital skill, where una dey? I call you forth in Jesus name. Amen! |
Re: "No More International Transactions!" Did You Receive This? by AntonVince: 1:17pm On Sep 21, 2022 |
Officialgarri: ...coming from a renowned Buharist? C'mmon now, let's enjoy the "Chanji" together. 5 Likes |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:17pm On Sep 21, 2022 |
Mayeldah: Well, I am not in APC or PDP , but both of them made the same mistake of keeping our economy hooked on oil and of not diversifying away from oil. Buhari's policy is just PDP policy without high oil prices. The thing is, we need a leader who would raise taxes, and remove subsides for power and petrol...so that we get more investment , and also get both sectors working and earning more...which can be used to fire up our economy. |
Re: "No More International Transactions!" Did You Receive This? by LienwaltAbel(m): 1:19pm On Sep 21, 2022 |
come and see how well your darling father is running Nigeria. 7 Likes 1 Share |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:20pm On Sep 21, 2022 |
Kasssandra:Buhari's policy is plain pro-northern Nigeria at the expense of everything else. The man is a nuclear disaster to the economy. If only Putin will deploy him against Ukraine and save us real life nuclear radiation. 2 Likes |
Re: "No More International Transactions!" Did You Receive This? by emoa2002(m): 1:22pm On Sep 21, 2022 |
laugh in Ukwuani Why ukwuani not isoko or urhobor or [color=#006600][/color] 1 Like |
Re: "No More International Transactions!" Did You Receive This? by murmee: 1:24pm On Sep 21, 2022 |
halaqasa:Sorry to add another angle to this topic. Can someone please explain to me why it is now difficult to receive money sent from families or associates from abroad. When you go to any bank in Nigeria to process money sent from abroad through Moneygram or Western Union or Ria, the first thing the bank will tell you is that Dollars are not available. Some banks will say they only have smaller denominations like $20 or $10. Why are the banks doing this? 3 Likes |
Re: "No More International Transactions!" Did You Receive This? by INTEGRITYA1(m): 1:24pm On Sep 21, 2022 |
This policy has taken effect already. My GTB Naira Master Card has stopped working since. |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:25pm On Sep 21, 2022 |
RepoMan007: Well, it ain't helping the North much...insecurity is bad, and the poverty is growing, and the harvest is under threat. The problem with Nigeria is, we think that what satisifes a nation of 10 million can be made to saitisfy a nation of 210 million . It is not possible, and it can not be possible. Which is why I think that we have never had a good leader. If we had one, the first thing he or she would have done would have been to prioritise industrial development, and also make sure the engine room of the economy is allowed to make a profit...and crucially...keep away from subsides (except in education and possibly health), and make sure that everyone pays tax and that tax money does not miss. Instead, we sell raw materials and share the money. Like most African countries. And small wonder, we are all broke. |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:28pm On Sep 21, 2022 |
Elsueno:should we vote sowore then? An aluta alumni? |
Re: "No More International Transactions!" Did You Receive This? by Reference(m): 1:30pm On Sep 21, 2022 |
Kasssandra: Completely out of touch with reality particularly as regarding taxation. Ask government about their tax receipts and discover that it has fallen due to the great big enemy, inflation. So seeking more taxation from those outside the net is just pie in the sky. It is not a chicken and egg situation. Government should fix the economy and all other things will be added unto them. This is the only economy I know where government does nothing about inflation. I mean absolutely nothing. It carries on fuelling inflation, putting vested interests well ahead of the economy. Have you seen next years budget proposal set before the N/A.... full of inflationary spending. Abeg this economy is going nowhere. 4 Likes 1 Share |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:30pm On Sep 21, 2022 |
murmee:They want more dollar to meet an ever rising demand for it so they come with excuses to corner the one that enters their hands. |
Re: "No More International Transactions!" Did You Receive This? by Reference(m): 1:32pm On Sep 21, 2022 |
Kasssandra: Once again, which planet are you on. Who does this? 2 Likes |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:34pm On Sep 21, 2022 |
Reference: Thanks for the abuse and good afternoon. |
Re: "No More International Transactions!" Did You Receive This? by mokt(m): 1:35pm On Sep 21, 2022 |
This Decision now will make Black Market Dollar High again. Check how exchange rates will increase again like mad in the next few days. I don't understand the way our leaders think at all. 2 Likes |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:35pm On Sep 21, 2022 |
Reference: Thanks and good afternoon to you too. 1 Like |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:37pm On Sep 21, 2022 |
Kasssandra: APC's reign has been catastrophic |
Re: "No More International Transactions!" Did You Receive This? by Topmaike007(m): 1:39pm On Sep 21, 2022 |
Officialgarri:I use chipper cash and that solve my own issues |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:40pm On Sep 21, 2022 |
Reference:The root of this problem is the demonic structure that is built around sharing resources of minorities to another region. Once those favoured by this structure have interest in an issue, God help the logical reasoning prevail. Why is Dangote building refinery from scratch but none of four comatose refinery can be repaired? Why is Dangote getting forex ahead of small businesses. After giving him billions in forex, they cut out the small business man looking to buy electrical component or medical reusables of 50 USD. Is that fair? They gave tax waivers of 16 trillion Naira out but could deny about 2 trillion of that to barnish ASUU strike for eternity. 5 Likes 1 Share |
Re: "No More International Transactions!" Did You Receive This? by David160(m): 1:41pm On Sep 21, 2022 |
justBreathe: Which bank? |
Re: "No More International Transactions!" Did You Receive This? by lereinter(m): 1:42pm On Sep 21, 2022 |
Kasssandra: Who's stealing the oil please Your number 2 point |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:43pm On Sep 21, 2022 |
lereinter: The government knows.... |
Re: "No More International Transactions!" Did You Receive This? by RepoMan007: 1:43pm On Sep 21, 2022 |
Kasssandra:It is helping their elites and the elites know Buhari directly. What about OPLs secretly shares out? |
Re: "No More International Transactions!" Did You Receive This? by Albertgr8: 1:43pm On Sep 21, 2022 |
Hope I didn't after prices of products in the market God saves us from the wicked regime abeg |
Re: "No More International Transactions!" Did You Receive This? by Nobody: 1:44pm On Sep 21, 2022 |
RepoMan007: Elites that can't use the road or rail...... OPL's don't matter much when you can't go home safely. |
Re: "No More International Transactions!" Did You Receive This? by GRACEGLORY: 1:50pm On Sep 21, 2022 |
Chipper solves it |
Re: "No More International Transactions!" Did You Receive This? by AlwaysPositive: 1:51pm On Sep 21, 2022 |
Officialgarri: Please can I reach you on Whatsap?? |
Re: "No More International Transactions!" Did You Receive This? by NotBeenPaid: 1:52pm On Sep 21, 2022 |
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