chekasforchekas:
And please what happens to my dom acc, will I be able to get dollar through my dom acc.
And what happens if I wanna make withdrawal from oversea too.
Will I be able to withdraw dollars from my don acc, please I need help on this because if I have $50k will I be able to access is down there in Nigeria, or will the interbank change this to my local currency abeg help. Our big boy is just on exchange rate difference.

chekasforchekas:
nice question, please someone should answer this.

5p1naz:
Wa ris dis??

155 to 168?? What year was this written?? Money don good like this??

The article should at least let us know its not new... even though I understand the focus is on how the devaluation affects us, the OP should have made it clear that the news isn't fresh...

godoluwa:
no, u will be paid in naira @official rate

cecegorz:


SUre.
Now you can withdraw or fund your dom account as you wish.
However if you want to do a transfer to an offshore account, you can only transfer a maximum of $10k or it's pound/Euro equivalent per day.

chekasforchekas:
I know that but in what currency like I want to make a withdrawal from Nigeria are my gonna be paid in dollars or naira?

cecegorz:

You'll be paid in whatever currency the account is opened with.

deebsman1:
we shall survive, anyhow anyway......he who is already on d floor fear no downfall again, that is d plight of most Nigeria's commoners.

chekasforchekas:
note that by December last year banks where paying with local currency against the dollar acc. Please a banker needs to confirm this for me before making another mistake of funding my dom.

cecegorz:


You can sue the bank. You open a dom account by sourcing the FX yourself to fund the account. How can they now pay you in Naira? At what rate? Who does that?
It's different from remittances that they can convert and pay in Naira

charles316:
This is 2016.


Meanwhile I have 12500 US dollars to sell.
Interested buyers quote me. No pms pls.

Rate= black market rate minus 5 naira.

chekasforchekas:
no we will not, running a dom acc of $100 in America that when you get back to 9ja you will be giving half equivalent of that money+tax+bank charges. And other concocted charges.

5p1naz:
Wa ris dis??

155 to 168?? What year was this written?? Money don good like this??

The article should at least let us know its not new... even though I understand the focus is on how the devaluation affects us, the OP should have made it clear that the news isn't fresh...

5p1naz:
Wa ris dis??

155 to 168?? What year was this written?? Money don good like this??

The article should at least let us know its not new... even though I understand the focus is on how the devaluation affects us, the OP should have made it clear that the news isn't fresh...

5p1naz:
Wa ris dis??

155 to 168?? What year was this written?? Money don good like this??

The article should at least let us know its not new... even though I understand the focus is on how the devaluation affects us, the OP should have made it clear that the news isn't fresh...

Last2comment:
I hope this post enlightens Nairalander a bit on some of the pros and cons of devaluation or depreciation of Naira.

Silkmoth33:
shut the Bleep up!
Oversabi

deebsman1 yes rich mans headache I see you never pry to be rich all the same let it worry me and I never stated in any of my post or comment...... Blame this government which even if I have to blame them, I will with enough reasons and evidence ok. Don't be deceived by media propaganda.
Peace

:
rich man's headache.......the govt should do d needful and may those who spoil this economy to this stage should know no peace. Same oil export dependent economy is being run in saudi arabia yet they have over 500b dollars in reserve, even ordinary angola over there, same thing, they have over 150b dollars in reserve. Nobody should blame diz present govt for the economic woe rather their own blame is lack of direction, more needed to b done by them.