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CBN Stop Ripping Nigerians Off As Dollar Hit N500 - Business - Nairaland

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CBN Stop Ripping Nigerians Off As Dollar Hit N500 by SUFFERInSMILIIN(m): 8:01am On Nov 29, 2020
Right now 1 u.s. dollar is 500 naira.
The CBN is using this to rip a lot of people in Nigeria off , Western Union MoneyGram and worldremit are charging 380 naira for one u.s. dollar this is a difference of 120 naira for every dollar which the CBN is ripping people which are sending money to the country using these methods. So for everyone US dollar which you sent to Nigeria using MoneyGram or Western Union or worldremit the government of Nigeria will rip you off 120 naira. The rate is fixed by the CBN this is day lights robbery

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Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by SUFFERInSMILIIN(m): 8:05am On Nov 29, 2020
Too bad a government which rip off it's people

Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Nukilia: 8:10am On Nov 29, 2020
A government by the criminal gangs grin
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by abduljabbar4(m): 8:11am On Nov 29, 2020
This is one of the policies of Buhari that are outrightly stupid. It is just allowing few individuals to game the system by obtaining dollars at the official rate and selling them at the black market for easy money

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Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by stonemasonn: 8:13am On Nov 29, 2020
Abnormal things in this government.
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by persius555(m): 8:17am On Nov 29, 2020
Emiefele's JuJu economic trials has overstayed its welcome. Let the CBN float the currency and watch the droop like a sagging trouser.

This policy is absurd
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by PDJT: 8:17am On Nov 29, 2020
SUFFERInSMILIIN:
Right now 1 u.s. dollar is 500 naira.
The CBN is using this to rip a lot of people in Nigeria off , Western Union MoneyGram and worldremit are charging 380 naira for one u.s. dollar this is a difference of 120 naira for every dollar which the CBN is ripping people which are sending money to the country using these methods. So for everyone US dollar which you sent to Nigeria using MoneyGram or Western Union or worldremit the government of Nigeria will rip you off 120 naira. The rate is fixed by the CBN this is day lights robbery

-People still use Westy & Gram? shocked
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by SUFFERInSMILIIN(m): 8:20am On Nov 29, 2020
PDJT:


-People still use Westy & Gram? shocked

So what do you want the people to use
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Nobody: 9:24am On Nov 29, 2020
The worst CBN governor ever

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Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by baralatie(m): 9:25am On Nov 29, 2020
persius555:
Emiefele's JuJu economic trials has overstayed its welcome. Let the CBN float the currency and watch the droop like a sagging trouser.

This policy is absurd
it will not drop
oga!

you don't have dollars and the dollars you have is not able to serve those who need it.
so right now!
the dollars is been sold at a higher rate in the black market because the cbn on its own rate cannot even meet it's obligations
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Nobody: 10:14am On Nov 29, 2020
How is CBN ripping you off.

Cbn official rate is 398, black market is around 485

Western union and the rest will follow the official rate
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by mujaya1(m): 10:35am On Nov 29, 2020
emefele and ipob terrorist are same with enty brain � skull �, if to said na Northerner hold that position, you will see pig anywhere in social media
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by lowkeybahdguy(m): 11:48am On Nov 29, 2020
still can't understand the wisdom behind cbn's insistence on parrallel rates..
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by folashade61707: 12:56pm On Nov 29, 2020
How is CBN ripping you off.Cbn official rate is 398, black market is around 485Western union and the rest will follow the official rate
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Asuito7(m): 1:03pm On Nov 29, 2020
supportnija:
The worst CBN governor ever

I get extremely annoyed when people blame Emefiele and not Buhari and and his Big Boys in CBN handling.

Do you know the caliber of Emefiele?

Is he not the same person Ebele scrutinized and employed?

Do you know how they have cornered Emefiele into doing their stupid political economic policies and not what Emefiele would PERSONALLY do if given a FREE HAND and he is dancing to their policies just to maintain his job
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Stephenmoka4(m): 1:19pm On Nov 29, 2020
SUFFERInSMILIIN:

So what do you want the people to use
Maybe cryptocurrency.
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by SUFFERInSMILIIN(m): 9:10pm On Nov 29, 2020
thebosstrevor1:
How is CBN ripping you off.

Cbn official rate is 398, black market is around 485

Western union and the rest will follow the official rate

Let me inform one thing to you people are no more using the services they are holding on to their money which is making the black market rates Skyrocket because the cbn cannot receive any dollars again. It is just a circle or merry-go-round as people hold on to their money the rate goes up
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by stagger: 10:25pm On Nov 29, 2020
The level of illiteracy in the country is high.
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by nengibo: 6:38am On Nov 30, 2020
Asuito7:


I get extremely annoyed when people blame Emefiele and not Buhari and and his Big Boys in CBN handling.

Do you know the caliber of Emefiele?

Is he not the same person Ebele scrutinized and employed?

Do you know how they have cornered Emefiele into doing their stupid political economic policies and not what Emefiele would PERSONALLY do if given a FREE HAND and he is dancing to their policies just to maintain his job
Why didn't he resign to maintain his integrity
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by baralatie(m): 7:42am On Nov 30, 2020
SUFFERInSMILIIN:


Let me inform one thing to you people are no more using the services they are holding on to their money which is making the black market rates Skyrocket because the cbn cannot receive any dollars again. It is just a circle or merry-go-round as people hold on to their money the rate goes up
na for where you hear say cbn cannot receive any dollars again?
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by Asuito7(m): 1:16pm On Nov 30, 2020
nengibo:

Why didn't he resign to maintain his integrity

A Nigerian in NIGERIA resigning from such a position...............e be like say you don't really grasps who Nigerians are undecided .

Why not play sycophancy and do their biddings to maintain your job
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by nengibo: 1:22pm On Nov 30, 2020
Asuito7:


A Nigerian in NIGERIA resigning from such a position...............e be like say you don't really grasps who Nigerians are undecided .

Why not play sycophancy and do their biddings to maintain your job
So that you won't damage your hard earned reputation, look at another Nigerian Ngozi Okonjo Iweala for example jobs are always available to her at the international level
Re: CBN Stop Ripping Nigerians Off As Dollar Hit N500 by femu(m): 2:19pm On Nov 30, 2020
SUFFERInSMILIIN:
Right now 1 u.s. dollar is 500 naira.
The CBN is using this to rip a lot of people in Nigeria off , Western Union MoneyGram and worldremit are charging 380 naira for one u.s. dollar this is a difference of 120 naira for every dollar which the CBN is ripping people which are sending money to the country using these methods. So for everyone US dollar which you sent to Nigeria using MoneyGram or Western Union or worldremit the government of Nigeria will rip you off 120 naira. The rate is fixed by the CBN this is day lights robbery

I can give you a better better rate if you send funds regularly

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