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Naira Cards Are Back - Wema Bank - Business (3) - Nairaland

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Re: Naira Cards Are Back - Wema Bank by maasoap(m): 3:32pm On Jul 14, 2023
Buddha3:


There's no where in my comment where I suggested that they're not patronised by ordinary Nigerians, is there?

Buddha3:
Wema and Sterling banks.

Two financial institutions that Nigerian politicians and elites use to launder and embezzle unmentionable sums of tax payers' monies.

You'll hardly find or hear them in the news, they hardly declare profits or losses, you'll almost never find crowds of ordinary citizens in their banking halls, but they never go broke .
May be English language is my problem
Re: Naira Cards Are Back - Wema Bank by Olabawa19: 3:33pm On Jul 14, 2023
Sitwalkstand:
As a former banker, FG must keep eyes on banks.

They are recklessly exchanging and settling FX at their discretion and that's what's pushing the FX price up. Banks must be stable and not compete with parallel market.

How much does CBN sell to banks. at what rate. why will anyone use their naira card abroad and banks are settling at almost N900

By end of year, Bank Execs will be smiling home with billions as profit at the expense of the masses.

Re: Naira Cards Are Back - Wema Bank by cassette(m): 3:33pm On Jul 14, 2023
Englishisamust:


Rest!!! Not funny undecided undecided

Rest!!! Others find it funny

1 Like

Re: Naira Cards Are Back - Wema Bank by Nobody: 3:37pm On Jul 14, 2023
maasoap:



Clearly, lot of Nigerians have problems understanding common use of English.

That I said you'll hardly find "crowds" in their banking halls means ordinary Nigerians don't patronise them? Are you serious right now? Do you not understand you can have people around you and not term them to be a crowd? When you walk into branches of First bank, GTCo, Zenith bank, UBA, etc.., there's always the possibility you'll wait on a queue or sit down to wait for a while cause of crowds. The same scenario is hardly obtainable in Wema and Sterling banks.

That's what I meant by that statement, since you're too small-minded to have understood without burdening me with an explanation..

2 Likes

Re: Naira Cards Are Back - Wema Bank by abhosts(m): 3:43pm On Jul 14, 2023
It is not a good idea to open up Naira cards when Naira is falling in value everyday. Increased demand would only worsen the situation
Re: Naira Cards Are Back - Wema Bank by frowland(m): 3:48pm On Jul 14, 2023
b3llo:
Hmmm..... Let them make the Naira to rival dollars head to head

These will not benefit exporters but will benefit imports, cheap goods, and unemployment. It’s like back to square one.
Wait, I thought economics is a compulsory subject in secondary school? So many Nigerians are completely delusional regarding some basic economic and financial policies.

1 Like

Re: Naira Cards Are Back - Wema Bank by NoToPile: 3:49pm On Jul 14, 2023
Buddha3:


Clearly, lot of Nigerians have problems understanding common use of English.

That I said you'll hardly find "crowds" in their banking halls means ordinary Nigerians don't patronise them? Are you serious right now? Do you not understand you can have people around you and not term them to be a crowd? When you walk into branches of First bank, GTCo, Zenith bank, UBA, etc.., there's always the possibility you'll wait on a queue or sit down to wait for a while cause of crowds. The same scenario is hardly obtainable in Wema and Sterling banks.

That's what I meant by that statement, since you're too small-minded to have understood without burdening me with an explanation..

Well you said "Crowds of ordinary citizens" which implied that ordinary citizens don't use the bank.

I am sure that's what sizeable amount of people who read your post inferred because that's what the statement meant especially when you consider the whole post in context.
Re: Naira Cards Are Back - Wema Bank by toluxa1(m): 3:51pm On Jul 14, 2023
Rate fit be 850 like that.
Re: Naira Cards Are Back - Wema Bank by charlsecy(m): 3:54pm On Jul 14, 2023
2022Frustrated:
angry After going through enormous stress to get a dollar debit card with GTBank.
I faced no challenge to get a Fidelity Dollar card. I even applied from the app, and then went to branch for collection.

1 Like

Re: Naira Cards Are Back - Wema Bank by modernWays: 4:01pm On Jul 14, 2023
NoToPile:


Well you said "Crowds of ordinary citizens" which implied that ordinary citizens don't use the bank.

I am sure that's what sizeable amount of people who read your post inferred because that's what the statement meant especially when you consider the whole post in context.

You can hardly see a crowds of ordinary citizens also means, you can hardly see much people in their banking Halls.

So the guy was not saying ordinary citizens don't use the banks, the statement means, not much people are using them.
Re: Naira Cards Are Back - Wema Bank by Nobody: 4:06pm On Jul 14, 2023
NoToPile:


Well you said "Crowds of ordinary citizens" which implied that ordinary citizens don't use the bank.

I am sure that's what sizeable amount of people who read your post inferred because that's what the statement meant especially when you consider the whole post in context.

I am responsible for the words I use and how I chose to phrase them.

But I am not responsible for how you and "lot of people" decide to read and understand those words.

And I am in no place to make more than a single effort at explaining those words to blend with what I intended upon their usage. This is not a law court and you're not a presiding judge.

But if you still seek further clarity beyond what I have attempted to enunciate, kindly visit any branch of either Wema or Sterling banks, and my point(s) will be made clearer by physical experience(s).
Re: Naira Cards Are Back - Wema Bank by lexy2014: 4:08pm On Jul 14, 2023
Sitwalkstand:
As a former banker, FG must keep eyes on banks.

They are recklessly exchanging and settling FX at their discretion and that's what's pushing the FX price up. Banks must be stable and not compete with parallel market.

How much does CBN sell to banks. at what rate. why will anyone use their naira card abroad and banks are settling at almost N900

By end of year, Bank Execs will be smiling home with billions as profit at the expense of the masses.


De there now. U never see anything
Re: Naira Cards Are Back - Wema Bank by Kelechi009: 4:09pm On Jul 14, 2023
Sitwalkstand:
As a former banker, FG must keep eyes on banks.

They are recklessly exchanging and settling FX at their discretion and that's what's pushing the FX price up. Banks must be stable and not compete with parallel market.

How much does CBN sell to banks. at what rate. why will anyone use their naira card abroad and banks are settling at almost N900

By end of year, Bank Execs will be smiling home with billions as profit at the expense of the masses.


Upppppp tinubu, we go suffer am together.
Re: Naira Cards Are Back - Wema Bank by AngelicBeing: 4:16pm On Jul 14, 2023
lexy2014:


De there now. U never see anything
What will he see? And how does that connect with the subject of discussion shocked
Re: Naira Cards Are Back - Wema Bank by sunbreaker: 4:17pm On Jul 14, 2023
Jestin:
This Naira Cards will favour me and my family 😂 😂
if want favour go to the gate of wema bank and knee down there
Re: Naira Cards Are Back - Wema Bank by lexy2014: 4:21pm On Jul 14, 2023
AngelicBeing:
What will he see? And how does that connect with the subject of discussion shocked

What did he write about?
Re: Naira Cards Are Back - Wema Bank by AngelicBeing: 4:23pm On Jul 14, 2023
lexy2014:


What did he write about?
You are not supposed to answer my questions with another question, you said that he will see, see what?
Re: Naira Cards Are Back - Wema Bank by lexy2014: 4:26pm On Jul 14, 2023
AngelicBeing:
You are not supposed to answer my questions with another question, you said that he will see, see what?


What did he write about? Kindly remind me
Re: Naira Cards Are Back - Wema Bank by sharone21(f): 4:30pm On Jul 14, 2023
Reason why I love Wema bank. It looks like an old bank but with innovative packages.... Their virtual card isn't working yet though.

Polaris bank is analogue bank pretending to be digital.... If u no careful, everything is physical, even to update utility bill. Useless Vulte app. Without this app, no functional web version.

Ecobank overdo on digital.... No app, no web version and no working USSD all stupidly connected together.... No usefulness even in African countries.... Only enjoy it with ATM card which is limited.... Now they say u can send money to Africa but via domiciliary from their jagajaga app but u will first convert to almighty dollar first and spend more.

2 Likes

Re: Naira Cards Are Back - Wema Bank by trafficpools: 4:30pm On Jul 14, 2023
Revolva:
Still nonsense to me com.pared to my dollar debit card that is unlimited

Again its still the same rate with d dollar debit card so why d stress abeg
what's the exchange rate boss!
Re: Naira Cards Are Back - Wema Bank by AngelicBeing: 4:31pm On Jul 14, 2023
lexy2014:


What did he write about? Kindly remind me
The subject of discussion on this thread is about the activation of naira card by Wema Bank, and the guy responded by saying that as a former Banker, it is not a good policy and you quoted him and said, He will see, see what exactly shocked

1 Like

Re: Naira Cards Are Back - Wema Bank by bluefilm: 4:32pm On Jul 14, 2023
Chai

Payday will not like this news at all

2 Likes

Re: Naira Cards Are Back - Wema Bank by sharone21(f): 4:33pm On Jul 14, 2023
charlsecy:
I faced no challenge to get a Fidelity Dollar card. I even applied from the app, and then went to branch for collection.

But all these dollar cards come with annual maintenance fee.
Re: Naira Cards Are Back - Wema Bank by sharone21(f): 4:37pm On Jul 14, 2023
frowland:


These will not benefit exporters but will benefit imports, cheap goods, and unemployment. It’s like back to square one.
Wait, I thought economics is a compulsory subject in secondary school? So many Nigerians are completely delusional regarding some basic economic and financial
policies.

Thought it will benefit exports more since foreign currency is earned ... But, imports, one will spend more Naira for goods in dollars( or similar 'hard' currencies). Just like now will favor remote workers more.... Truth is for a child of God, all 'weather' of the economy favors him/ her.
Re: Naira Cards Are Back - Wema Bank by Tealcrestmedia(m): 4:39pm On Jul 14, 2023
Englishisamust:
Uba abegooo

LOL we are waiting for uba, latest next week else its to open a wema bank account lipsrsealed
Re: Naira Cards Are Back - Wema Bank by BreezyRita(f): 4:41pm On Jul 14, 2023
Just Wema?

1 Like

Re: Naira Cards Are Back - Wema Bank by yaki84: 4:42pm On Jul 14, 2023
Englishisamust:


Rest!!! Not funny undecided undecided
E funny, na u no gree laugh

1 Like

Re: Naira Cards Are Back - Wema Bank by lexy2014: 4:42pm On Jul 14, 2023
AngelicBeing:
The subject of discussion on this thread is about the activation of naira card by Wema Bank, and the guy responded by saying that as a former Banker, it is not a good policy and you quoted him and said, He will see, see what exactly shocked

Offpoint. Did I ask u about d subject of discussion?

Is that all he wrote about? Can u pls provide more details about what he wrote about?

Where and when did I say "He will see"? Can you show it to me?

What exactly do you want him to see?
Re: Naira Cards Are Back - Wema Bank by AngelicBeing: 4:46pm On Jul 14, 2023
lexy2014:


Offpoint. Did I ask u about d subject of discussion?

Is that all he wrote about? Can u pls provide more details about what he wrote about?

Where and when did I say "He will see"? Can you show it to me?

What exactly do you want him to see?
I am not ready for this back and forth, Russia and Ukraine questions with you, why did you tell the guy that he will see, see what? shocked
Re: Naira Cards Are Back - Wema Bank by highoctane: 4:47pm On Jul 14, 2023
b3llo:
Hmmm..... Let them make the Naira to rival dollars head to head

You don't farm, you want to dictate to a farmer,how much he will sell his yam?
Nigeria is a cash n carry economy, while US are manufacture products of all types.
Now you know.
Re: Naira Cards Are Back - Wema Bank by workchopNG: 4:51pm On Jul 14, 2023
My firstbank Mastercard was rejected yesterday on aliexpress.
Re: Naira Cards Are Back - Wema Bank by ogundeleai(m): 4:53pm On Jul 14, 2023
Ehn I.. Aliexpres I eku ojo meta

1 Like 1 Share

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