₦airaland Forum

bdavis:
No, stanbic.

oh. no wonder.

its different with gtb. wouldn't you rather bank with us?

ourchoice:
Stadelk7, I will sell it to you for #30,000.....if u don't want to buy, swerve....you ate my 2k, I will square it to get my money back

lol ! I will rather buy a second hand copy from any of your first few customers.

I'm sure it won't be up to 30k even when I pay them double.

Jacobx007:
Guy I tire for u oooo! Are u now holding brief for GTB? How can you possibly say its system malfunction? Do u know d complex system of checks a bank such as GTB uses? Let me tell u even if such an issue actually happens (which is extremely rare), no bank can openly admit it. Banking business is SERIOUS business my friend

I tire for am oooo. how can it be stealing when they still have my thousands in their vaults. abi dem no get KYC? when some banks were charging N384/$ it wasn't stealing ba?

so I should suspend my business because bank dey sleep?

the major advantage was the volume of goods some were able to put on the seas with limited resources.

I'm patiently waiting to buy and redistribute the eBook(s) for free ...

bdavis:
Abeg how he take bypass the limit? I dey try send money via paypal but e no go...$1k no way, $500 nada, I even tried $350 and that one sef no go. Called bank, was told limit is $150...how did he bypass that?

gtb? has he spent up to $1000 total since Feb 1?

no tricks to use. just pay normally and it will go unless they just started this one yesterday.

legalwealth:
Lol! I sabi the person but I'm sure GTBank is coming back with adjustment at N299/$.

I'm talking from experience with one company in Nigeria that did adjustment from N205
to N325 per dollar after 2 days.

lol ! they better not.

bizgenius1:
how is tht possible? i tot there is a 350$ daily restriction

I think its $300 daily for withdrawals and $1000 monthly for online spending. $300 daily is not really enforced when shopping but $1000 is.

dagr8:
N300k gbese if....

lolz. he go just take am as friendly loan from a non friendly bank

toluxa1:
Choi, promo over. Wey I dey wait till 12am to launch another round. Waiting game begins to know our fate next week.

How e wan take last sef... Iv already seen two or three threads about it on NL already.

lol ! I know person way use 3 cards clear $3k at N199/$

no be me oh!

ourchoice:
OMG! This forum is gradually turning to sth else, jeez! I opened thread willingly to share my personal idea on how people can make money on youtube for free, and peeps are already worked up and attacking, lol

Could this be stadelk7, fedupnigerian, enterpro, and goons fighting back a lost battle Just wondering, lol

lol !

toluxa1:
A fried in the UK who has been withdrawing at 278/£ since yesterday just said it's back to N415. Jus tested on an ATM machine. Is our 199 still live?

just tried $21 now, was billed at N295-N299/$

maybe they have finished their experiment or run out of cheap dollars, lol

N199.389/$ confirmed here with 5 transactions.

bellville:
I've stopped selling on Jumia. My store was delisted for no reason. I'm focusing on my online store for now.

why not try Konga?

they are currently on steroids.

Leopantro:
Let them try it and feel the can of whoop asse I will open up on them.

lolz

toluxa1:
Was it Visa Prepaid? Someone also mentioned UBA Africard, make I go see if I can find that one. It's easy to throwaway if gbege start, but this GTB.. Hmm, la main la account.

saw fbn N208 somewhere in biz section.

just tried $100 with gtb now. was charged at N199.398.


$900 more to go ...

kandrus:
Gtbank is back to 274/$ did a 40$ transaction and 10966.89 was deducted

na wa ooo.

let's see whether those that got at $199 will be rebilled.

how about fbn that was chargjg N208, have they increased too?

tumababa:
Who knows the new daily and monthly limit on gtb? Did 500usd now and it allowed. Tried another and was declined

$1000 per month.

the second payment you tried will make you exceed your monthly limit. try reducing it.

toluxa1:
Why you talk so.? I was just charged approx 200naira 5mins ago. Still on fear mode sha, cos if they come back to deduct, I no go gree. Reminds one of Access bank glitch last year.

gist us the Access bank glitch abeg.

who won at the end of the day? you or them?

was it general or just you affected?

thanks

yinkeys:
Wow,if GTB is 200naira then that's great news. I guess they are getting the $$ from CBN

why are they charging N199-N208 now?

why not the N220-N225 it was before the katakata burst?

if it was N225 I would have jumped in since.

can't remember anytime any bank charged this low.

why now of all times?

is that why gtb is charging N199/$ for online transactions today?

dagr8:
Hahahaha na so. I was charged 199 too, but fear they catch me to do further transaction

lolz. a simple press release from CBN informing us they have told banks not to charge black market rates is all we need.

probably won't come till Monday though, if ever.

I for like exhaust February monthly limit first though.

mavinc4u:
it looks like some unimaginable things are happening in the air. time to pull all my cards with my banks and start making some transactions. Everything must go tonight. God punish the devil.

I feel like spending too but I don't want to wake up and see I owe them N100 difference x $1000 tomorrow.

coolcharm:
GTB. 199/Dollar

hmmmn ... hope they won't adjust it later and deduct the difference. when they wake up ...

we haven't seen the blessings of N50 stamp duty they are talking VAT again.


and they want us to go cashless?

bigtt76:
Don't know why but I never had business with them and Konga (yes same owner) they looked dubious to me

same owner or same angel investor(s) ?

having a sister company should give them a longer lease of life though.

if they were sisters, they should be able to share vital resources, eg delivery services (like Kaymu and Jumia do) but that is not the case.

having the same investors though, could explain why both had to go lean very agilely fairly recently. maybe the foreign investors are (gradually) pulling out.

jumia seems fortunate enough to have secured double the amount of funding Konga got, and from a different source.

SA companies are generally about market dominance anyways.

about 500uSD - 1000Usd needed
At N250 or less.
Contact me if you have.
thanks

but we have paper mills in Nigeria na?

with enough trees sef.

I remember when some people were collaborating to import A4 paper in containers here, based on the rationale that its cheaper than the locally produced ones.

DealFinder:
It's in the news today that certain sectors of the economy still recorded increased sales, despite the rising prices occasioned by the falling value of the naira.

Yes its very sustainable, it just means that you the merchant will have to work harder in sourcing your products, find ways to reduce cost, and handle your business more efficiently so that your selling price will still be competitive. Don't forget that the dollar affects every other merchant.

thanks for the reassurance.

its very comforting to know that people will continue to buy things online, even if/when prices eventually double.

I think there is a bible prophecy to back this ... but its irrelevant.

this won't be the first or the last time.

dunnijayz1:
Hmmmm..... it seems Konga is affected more

can't see the prices on the Jumia pictures, but you might want to consider the fact that some Jumia merchants are currently complaining about slow updates to prices on their storefronts.

DealFinder:
Yea, it's possible. As long as you know how to source your products, and deliver when orders are placed. However, having the assistance of someone on ground would reduce the stress of commuting inter-state.

hello op,

do you think this model will still be sustainable at N400-N500 per dollar? or N1000 soon sef.

I foresee a lot of online shops closing down. do you share the same thoughts?

and they will still sell it N150 per bag.


why won't we buy imported water instead?

thegreengooner:
Fair point. I know if I say no questions asked people will be willing to sell at much lower but we're not doing that. Are we?

just a suggestion bro. price is not fixed.

you must understand not all customers are loyal and most will jump ship at N5 difference.

if you really need it urgently you can start at N305 since others are buying N300 presently.

just offer to buy at N350 and see the flood you will get.