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See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) - Business - Nairaland

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See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 12:37am On Jul 04, 2015
this is my story ...
I went to GTB to make withdrawal with my UBA ATM because that was the nearest I could find... I wasn't sure how much my balance was.. so,i made an inquiry into my balance only to find that my money was been valued in dollars..at first, I felt disturbed thinking I had just #50 ..not until someone called my attention to the 'dollar' sign..
Well,I'm so disgruntled by this new development and I strongly feel that banks are trying to siphon me of my cash ( obviously, the exchange rate would cause a huge problem between us and I am storming GTB on monday to make my opinion known) and also, they are devaluating the naira.. a time will come when #1000 won't be enough to buy breakfast cry
If this can get publicized, maybe we can make hay while the sun is just coming out..I'm afraid things are really going to get ugly if this persists.
by the way, i thought CBN enforced a law restricting transactions by banks,schools,hosps, and so on with dollars? why are these institutions not heeding to the rules? what can be done to check mate this anomaly? dear nairalanders, please, have a say!!


cc lalasticlala

23 Likes 7 Shares

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by HungerBAD: 12:41am On Jul 04, 2015
Don't have anything much to write. But can we share your $50?even if na $5 sef. At all at all na WINCH name.

85 Likes 3 Shares

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Adebayolove(m): 12:43am On Jul 04, 2015
Surprising. Remember to update the outcome of your planned visit to the bank.

16 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Starships4u(m): 12:49am On Jul 04, 2015
That's soo bad...... Why banking in dollars when we use naira.....

8 Likes 1 Share

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 12:50am On Jul 04, 2015
Adebayolove:
Surprising. Remember to update the outcome of your planned visit to the bank.
ok bro... maybe this can hit frontpage... someone tell me i'm dreaming...





Dear lord, Our Nigeria cannot bear to continue this way .. please, heal the land of this craze.. can USA ever transact in any part of the country with other currency apart from dollars?? that would be classified felony..but it's not a crime here and no one is complaining .. but the masses will suffer.. they have been suffering but things might just get complicated again..
temitope steve

2 Likes 1 Share

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by SuperSuave(m): 1:06am On Jul 04, 2015
this is ridiculous!! Later we will be complaining that one useless Google app labeled us as gorrila when these people have started colonizing us in our own country, in Nigeria o, a country that has its own respected currency faa

26 Likes 1 Share

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by 7agaza(m): 1:30am On Jul 04, 2015
in case
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Stanleyafam(m): 1:50am On Jul 04, 2015
Naija the jungle..
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 1:55am On Jul 04, 2015
Still enslaving ourselves to the white man....

2 Likes 3 Shares

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by undergoals: 6:10am On Jul 04, 2015
let me wake up first .

1 Like

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by hopeforcharles(m): 9:55am On Jul 04, 2015
Stevaz01:
this is my story ...
I went to GTB to make withdrawal with my UBA ATM because that was the nearest I could find... I wasn't sure how much my balance was.. so,i made an inquiry into my balance only to find that my money was been valued in dollars..at first, I felt disturbed thinking I had just #50 ..not until someone called my attention to the 'dollar' sign..
Well,I'm so disgruntled by this new development and I strongly feel that banks are trying to siphon me of my cash ( obviously, the exchange rate would cause a huge problem between us and I am storming GTB on monday to make my opinion known) and also, they are devaluating the naira.. a time will come when #1000 won't be enough to buy breakfast cry
If this can get publicized, maybe we can make hay while the sun is just coming out..I'm afraid things are really going to get ugly if this persists.
by the way, i thought CBN enforced a law restricting transactions by banks,schools,hosps, and so on with dollars? why are these institutions not heeding to the rules? what can be done to check mate this anomaly? dear nairalanders, please, have a say!!


cc lalasticlala
Come bro is this in Nigeria or where? When did we started using dollars? Abi they are taking us Back to colonial era? What is PMB doing about all this inflations, dollars is at is highest ever with probability that it will reach $250 next week, if this continues I will just liquidate my resources and migrate to Zimbabwe, at least I will be the President`s best friend.

30 Likes 2 Shares

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Galaxypoduction: 10:14am On Jul 04, 2015
Fp tinx
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Drsheddy(m): 10:24am On Jul 04, 2015
K
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by UltimatePals: 10:25am On Jul 04, 2015
nawa oo
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by aiyeboy(m): 10:25am On Jul 04, 2015
Naija banks don dey mad small small...... What rubbish.









Abeg check out my signature for the cheapest data bundle. MTN, ETISALAT AND GLO.

2 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by efilefun(m): 10:25am On Jul 04, 2015
Nigerian Banks are really confused, at first they said there wont be any extension to the BVN stuff yet they ate their poo, now this thrash, Is Dollars now the official currency of Nigeria

4 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by hotgunz(m): 10:25am On Jul 04, 2015
S a big fat lie.... Ds image s nt bein takin in Nigeria. Chai. U can lie angry

10 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by emmanuel2015: 10:25am On Jul 04, 2015
una fast to reply o, nawa
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by ChelseaDr(m): 10:26am On Jul 04, 2015
ook
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by dalyricist: 10:26am On Jul 04, 2015
cheesy



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Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Daniel058(m): 10:27am On Jul 04, 2015
Fast finger
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by WukedP(m): 10:27am On Jul 04, 2015
I experienced this two days ago, I went I tried checking my balance I didn't see anything, so I tot twas d BVN stuff, but I continued by pressing d withdrawal botton n it gave me cash so I was wondering what's going on, are our banks safe

3 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 10:27am On Jul 04, 2015
There's shaa money in the account,they shaa didn't take out of it. I seriously don't see what the big deal is here.




They wrote 50dollars but when the atm dispenses it would be in naira right?



Abii what's the problem,is there something I'm missing?

3 Likes

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by sexaddict08(m): 10:27am On Jul 04, 2015
hmnn... why now when dollar is so high. they could have don this since
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Richie0974: 10:28am On Jul 04, 2015
..
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 10:28am On Jul 04, 2015
Make them no try am with my money in the bank oo.
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by youngberry001(m): 10:28am On Jul 04, 2015
issokay
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by morereb10: 10:28am On Jul 04, 2015
mmmmm
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Daniel058(m): 10:28am On Jul 04, 2015
emmanuel2015:
una fast to reply o, nawa
before nko?? u tink say na only u sharp? ? . grin hehehe
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 10:28am On Jul 04, 2015
undecided

What bullcrap is that?? am I now in the U.S? Why will they leave our official currency and be showing me dollars?!
Beht o! What if ya money no reach $1? undecided. Will they show it in cents?

1 Like

Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Nobody: 10:28am On Jul 04, 2015
HungerBAD:
Don't have anything much to write. But can we share your $50?even if na $5 sef. At all at all na WINCH name.

Why you dey fall Ma hand nau
Re: See The Latest Method Banks Have Now Employed To Devaluate The NAIRA (photo) by Bugatie(m): 10:29am On Jul 04, 2015
Stevaz01:
this is my story ...
I went to GTB to make withdrawal with my UBA ATM because that was the nearest I could find... I wasn't sure how much my balance was.. so,i made an inquiry into my balance only to find that my money was been valued in dollars..at first, I felt disturbed thinking I had just #50 ..not until someone called my attention to the 'dollar' sign..
Well,I'm so disgruntled by this new development and I strongly feel that banks are trying to siphon me of my cash ( obviously, the exchange rate would cause a huge problem between us and I am storming GTB on monday to make my opinion known) and also, they are devaluating the naira.. a time will come when #1000 won't be enough to buy breakfast cry
If this can get publicized, maybe we can make hay while the sun is just coming out..I'm afraid things are really going to get ugly if this persists.
by the way, i thought CBN enforced a law restricting transactions by banks,schools,hosps, and so on with dollars? why are these institutions not heeding to the rules? what can be done to check mate this anomaly? dear nairalanders, please, have a say!!


cc lalasticlala

This is strange Op, and you re sure it's not your dom account balance they showed you

9 Likes

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