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Exorbitant Charge By E-naira - Business - Nairaland

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Exorbitant Charge By E-naira by godello: 10:57pm On Jun 04, 2012
There's no doubt that E-naira is doing a great job of online financing,but the outrageous charge has kept me wondering!. Purchasing 1dollar from an individual for 180 and selling at 160 to liberty reserve et al,Making 20 naira profit. Imagine purchasing a dollar worth 1000. Which equals 180,000 instead of 160,000. They make a profit of 20,000. For me a charge of 10 naira per 1 dollar is moderate rather than the 20 naira charge. Whatz the way out?.
Re: Exorbitant Charge By E-naira by godello: 8:19am On Jun 05, 2012
Could it be an issue of monopoly?

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