Some Nigerians were complaining the other day on Nairaland or Facebook about what they were being charged for paying for domain,hosting and general shopping online for cars,latest wears,cameras on foreign E-commerce sites.Last week,a friend said she was shocked when she saw her debit alert after shopping online.According to her, she was using a Naira MasterCard to handle the transaction from the comfort of her home.

She was expecting the bank to charge her dollar transaction through the official FX exchange rate of N197 to a dollar.She got it wrong. According to a bank staff that spoke with NiyiTabiti.net this morning in Nigeria, the official rate for card transaction is 330 Naira to 1 US Dollar. If it is pounds Sterling, then you will be charged at the rate of 476 Naira to 1 Pound Sterling (GBP).It is now easy for you to calculate the amount you will pay in Naira for whatever domain name you want,latest Wordpress theme 2016,hosting on godaddy,blue host or the trending clothes you want to order online.

Source: http://www.niyitabiti.net/2016/06/the-amount-nigerian-banks-charge-when-you-buy-domainhosting-or-shop-online-for-wearscars/