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Nairaland Forum / Science/Technology / Technology Market / Exchange Rates Of International Currencies >>>Updates on First Page<<< (1257385 Views)
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Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by dollaflow(m): 10:02am On Oct 16, 2016 |
paypal fund available |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by EnterPRO: 10:45am On Oct 16, 2016 |
onatisi: Wow! We are really our own worst enemies ! goldtooth: omotisa: Thanks |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 10:56am On Oct 16, 2016 |
sakalisis: Pls what's the limit/month |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by EnterPRO: 11:19am On Oct 16, 2016 |
goldtooth: I just read abokifx again. Seems what these banks are stopping is ATM withdrawals overseas or in dollars. I don't think they are stopping web transactions because GTB said they will stop theirs on 14th and they announced their N320 rate on the 15th. |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by goldtooth: 11:32am On Oct 16, 2016 |
EnterPRO: Dear Valued Customer, Thank you for your continued business. On account of current market conditions, please note that with effect from 18 October, 2016, you will not be able to use your Naira debit and credit cards for international transactions. If you wish to carry out card transactions priced in foreign currencies from that date, you can request for a USD card (debit or prepaid) from any of our branches. We apologize for any inconvenience that may be caused by this decision.We trust that our USD card product will allow you to continue to pay for goods and services that are priced in foreign currencies. To ensure unhindered access to your USD debit or prepaid card while abroad, kindly notify us of your impending trip(s), preferably before you leave Nigeria. Please feel free to contact us by email: EbankingQueries@stanbicibtc.com or call our 24 hour contact centre on any of the following numbers 0700CALLSTANBIC, (0700-2255-7826-242), 01-2709676 & 01-4222222 Best regards, Stanbic IBTC Bank This is the mail i got from stanbic and the bolded to me means even web transactions are included, as it is priced in foreign currency but i am not c.o.c.k sure till they implement on the 18th |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 12:37pm On Oct 16, 2016 |
onatisi: Word! 1 Like |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 12:40pm On Oct 16, 2016 |
BizBloke:Bros ,i am just chilling and watching as things play out,ppl will understand better with time. Maybe i should even start online card payment services now sef ![]() |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by EnterPRO: 12:45pm On Oct 16, 2016 |
goldtooth: Very confusing indeed. One can't be sure for Stanbic till 19th or next month. As for gtb, why bother with the N320 rate if they have stopped on 14th as planned. Time will tell. |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 12:51pm On Oct 16, 2016 |
onatisi: Lol... it's not a funny something o but... ![]() ![]() Start the service, mbok. We can help reduce the pressure. Things I'm certain about is that digital payments service will peak; imports will continue but only for a select few; exports will be attempted and start kicking in and like you mentioned one time, new millionaires will be created. I like to think about that as wealth redistribution. 1 Like |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by kingsilly(m): 1:03pm On Oct 16, 2016 |
BizBloke: BIZBLOKE |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Macaulish(m): 1:08pm On Oct 16, 2016 |
Mostly I receive and send with my Skrill account. But am not ok with clause they are given us presently. You can check out their Fx Exchange fee IF you still insist to upload or withdraw in USD + Local bank rate applying .. (that's seriously killing for Transaction). Its still usuable I believe Skrill Left Aside...., In the Issue of Domiciliary Account. Please someone should help out (Am about to get one from GT) I will be able to get funds in Dollar by transfer from anywhere, and also send out as well? Cos I only need it in receiving and transferring for payment method. IF they(banks) won't allow us use our Naira Mastercard anymore. Thank You |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Macaulish(m): 1:13pm On Oct 16, 2016 |
BizBloke: Onatisi BizBloke ...... Contunuu.... Their is God !! |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 1:13pm On Oct 16, 2016 |
onatisi:I think if the inflow from crude oil sales improved drastically before the mid of next year, things may turn around. Oil price have started to rise and speculations have it that it may shoot up to around 75$ before next year ending. And thank God that avengers have really gone solo. I think many things are happening underground that this government don't want us to know just like chibok girls releases caught many unawares. My only fear is that if there are steady inflow and disbursement to improve economy, 1. The so called diversifying economy might be neglected 2. Many prices of goods shoot up will hardly come down. It is just Nigeria factors. Which ever way we are in tough situation 2 Likes |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Kolasheyi: 1:51pm On Oct 16, 2016 |
Contact me for your USD ( Can be transferred into dorm account) |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 2:10pm On Oct 16, 2016 |
kingsilly: Hi Kingsilly, I'll be able to reply you within 30-60 minutes; I often check on and off on weekends but don't exactly work weekends. My apology! |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 2:13pm On Oct 16, 2016 |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by bdavis: 2:14pm On Oct 16, 2016 |
EnterPRO: Unless something drastic is done, like CBN making a scape goat of an errant bank, I don't see 9ja banks selling@interbank rates. The mandate from CBN had always been for banks not to sell above 2% or is it 2.5% of the interbank rate. Have they not been flaunting that rule? Has anything been done about it? Gains from card rates are too enticing for them to do that and the regulatory body is all but comatose. Now that the CBN is enforcing, they all called a bankers meeting and decided to suspend card usage...it's a cabal. 9ja banks na mafia. CBN can't force them to allow international transactions on their cards...not really (I stand corrected though) 2 Likes |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 2:24pm On Oct 16, 2016 |
#000000 |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 2:26pm On Oct 16, 2016 |
priceaction:Bros ,all I see in post is assumptions and "if's", but the truth is modern day economic policy making has gone beyond if's,it is based on concrete facts . Do you think usa or china will be using if and if to make their economic planning policy for the next 5 years?hell no! The solution to Nigeria problems does not require too much grammar and talking as our dullard government is doing but too much action. The reason why we are too much concerned today about how much the price of dollar is,is because the nation is importation dependent. There is no shortcut,we simply have to start producing. Imagine this government wants to be paying 5k a month to millions of ppl for virtually doing nothing,they want to employ teachers when the nation is starving. Nigeria complex economic problem only requires simple basic solutions . Trying to control fx rate while abandoning local production is like trying to control malaria in a place by taking malaria tablets and not eradicating mosquitoes 4 Likes |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 2:27pm On Oct 16, 2016 |
bdavis:Pls tell Dem oooooooo |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by AleAirHub(m): 2:31pm On Oct 16, 2016 |
After much analysis regarding this fx........... Please what is the way out my follow gurus before someone start crying ![]() ![]() ![]() Cc onatisi bdavis BizBloke Infinitikoncept. ![]() |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 2:36pm On Oct 16, 2016 |
onatisi: N5,000 x 100m (for instance - of course, we know this isn't our populace count) = N500 billion per month = N6 trillion a year = N24 trillion a tenure. I knew this was a joke immediately it was said. 3 Likes |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 2:36pm On Oct 16, 2016 |
AleAirHub:Come unto to me all ye with heavy laden and I will give u rest and peace of mind says onatisi ![]() Let me make ur payments for you ![]() |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by BizBloke(m): 3:13pm On Oct 16, 2016 |
AleAirHub: You that's talking say you'll start crying? ![]() ![]() Bdavis posted some solutions on the other thread; Onatisi has been posting solutions like local production, et al. I'm not a guru but what I've been saying since '13 when I set up my company is that how we do international trade in this country is unfair and a trade imbalance; it's something that needs to be balanced aka export has to be more pronounced in action and not just small talks and dreams here and there. It's economically right and I think it's morally right too to reverse-engineer the import process if we just don't want the money but wealth on an aggregate level. Yet, priorities differ so those who want to, will find a way to. |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Singapore1(m): 3:27pm On Oct 16, 2016 |
BizBloke: I don't think the government are making the exportation of a thing an easy thing, in Nigeria importation is very easy compare to exportation... Take nairaland for instance .. There are many topics on importation, some people even have Chinese contact ( direct contact) Now how many topics have you seen on importation? Personally I know there are some goods I can't import but I don't know goods I can or can't export.. We have different logistics company for importation, how many logistics do we have for exportation NONE While we are blaming the government let's not forget the individuals 2 Likes |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by onatisi(m): 3:31pm On Oct 16, 2016 |
Singapore1:There are many things you don't know bro. Ppl are exporting big time . The point u will only have knowledge of what you seek. Dont sit down on nairaland and expect ppl to tell you what and how they export. You have to go out there and leave this nairaland fantasy island. Ppl are into exportation big big big time from goods worth 50k naira upwards and making real profits |
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 3:32pm On Oct 16, 2016 |
BizBloke: Bros. Go and enjoy your export. All of us cannot face the same direction 2 Likes |
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