OgbeniOptional:
Please forgive my ignorance, how re they freely convertible? And how can they make naira also freely convertible?what really went wrong with Nigeria? There is form A as well as MG, WU which I believe they are in the range of oanda rate. If those apps are not in existence, form A, WU, MG, And the likes will be our options and not all these them lemonade. Educate me please

When life offers you lemons, make lemonade.........

The political will to do the right thing, does not exist......

People would never cut their nose, to spite their face .......

OgbeniOptional:
Please forgive my ignorance, how re they freely convertible? And how can they make naira also freely convertible?what really went wrong with Nigeria? There is form A as well as MG, WU which I believe they are in the range of oanda rate. If those apps are not in existence, form A, WU, MG, And the likes will be our options and not all these them lemonade. Educate me please

By ceasing to fix the exchange rate.
Of course it is arguable that sometimes fixing an exchange rate works as a temporary fix, but the situation in Nigeria is not one of them - the same government routinely profiteers from it, as Sanusi once pointed out - the most profitable business in Nigeria is simply obtaining forex at the official rate and selling it at the parallel market rate, money for jam really.

Please who has GBP and needs naira?

hustla:
Please who has GBP and needs naira?

How much GBP? I need about N1.5m

justwise:


Yes went up few minutes after I posted that

Solumtoya:


How much GBP? I need about N1.5m

i have GBP, how much are you looking to exchange

Solumtoya:


How much GBP? I need about N1.5m

Depends on your rate Sir / Ma
Whats your rate?

Egbon @Lexusgs430:

1 bottle of your favourite beverage to you…
Name it:
Rock?
Gulder?
Kronenburg?
Class?
Tusk?
Star?
Heineken?
Hero?
33?
…. You just name it.

Now I can watch my favourite NTA Network News at 9pm. Can’t wait for Sunday to watch Newsline.

Lexusgs430:




You're sounding like emefiele. ......

Phayie:



Yes offer letter has been given for over 2 months ago

Why them con dey drag leg na. Leave the 3 of them to process CoS, go with the one that comes out first or decline 2 and go for the best offer if it is significantly better in terms of affordable location and reward.

Lexusgs430:
₦ don collapse ọ....... Are we looking at ₦800 - £1, before August ending.......

Lemonade is doing 801 already. It will still drop to like 750 sha

OgbeniOptional:
Don’t you think all these apps are our problems? Oanda as at now is £1 to #499. Even going down. So I strongly believe all these apps dey encourage black market rates. I don’t think there is black market for Euro to pounds or pounds to Dollar. All these apps needs to be killed before they kill us as a country to be honest. They are making stupid money while the country as a whole suffer for it. There should be strong protest from government against these yeye apps.

Just like fuel, black market only thrive when fuel is scarce. To kill the FX black market, simply make FX available, it's not by to carry police go arrest software engineers building the apps. If you can walk into a bank and buy fx, will you go to aboki or one app? No. Even banks now are experiencing delays processing form A for students.

[quote author=KOVIC19COVID20 post=115146885]Egbon @Lexusgs430:

1 bottle of your favourite beverage to you…
Name it:
Rock?
Gulder?
Kronenburg?
Class?
Tusk?
Star?
Heineken?
Hero?
33?
…. You just name it.

Now I can watch my favourite NTA Network News at 9pm. Can’t wait for Sunday to watch Newsline.[/quote


Imagine how sunday evening for be ......... Watching Tales by moonlight......... ]

kennykale:


Theory test passed moving on to driving lessons and then practical

I've been trying to reach you. Dem don refund your priority visa?

Please send your UK number michael.george_@hotmail.com

Cheers!

So all these emefiele them didn’t learn this in school as economists � thanks for the lecture

TheGuyFromHR:


By ceasing to fix the exchange rate.
Of course it is arguable that sometimes fixing an exchange rate works as a temporary fix, but the situation in Nigeria is not one of them - the same government routinely profiteers from it, as Sanusi once pointed out - the most profitable business in Nigeria is simply obtaining forex at the official rate and selling it at the parallel market rate, money for jam really.

Hummm, on point. May God help naija sha.

Viruses:

Just like fuel, black market only thrive when fuel is scarce. To kill the FX black market, simply make FX available, it's not by to carry police go arrest software engineers building the apps. If you can walk into a bank and buy fx, will you go to aboki or one app? No. Even banks now are experiencing delays processing form A for students.

Try flutterwave. Really convenient

Solumtoya:


Most times, no. Could swing either way but it's more about the convenience for me. If I send it to my USD Account in Nigeria, I can sell to my aboki easily through Bank Transfer in Nigeria. The other option is selling to someone here but since I'm

Is it possible to convert Naira to GBP using Lemonade?

Amarathripple0:

Congrats oh! Any tips?

Just dey turn ur neck every time ,look around like say you dey expect something.
Know the speed limits,know the rules for a one way road.Best of luck!!

hustla:
Is it possible to convert Naira to GBP using Lemonade?

Yes

onecoder:

Yes

How Sir?

hustla:
Is it possible to convert Naira to GBP using Lemonade?

Someone tried earlier this year, he was debited in naira but not credited pounds.

He had to file for dispute to get the money back.

Short answer, no.

hustla:


How Sir?

Your lemonade should have naira and pounds account.
You fund the naira and convert to pounds within the app.
Then you can transfer to your UK bank account

OgbeniOptional:
Please forgive my ignorance, how re they freely convertible? And how can they make naira also freely convertible?what really went wrong with Nigeria? There is form A as well as MG, WU which I believe they are in the range of oanda rate. If those apps are not in existence, form A, WU, MG, And the likes will be our options and not all these them lemonade. Educate me please

Have you been able to exchange naira to pounds in recent times? If yes, how and at what rate please.

I noticed WU doesn't accept online transfers from Nigeria anymore.

justwise:


The only time changing to $ then naira will benefit you is when £1=$1 and $1 to a naira gives you more than £ else it’s garbage in garbage out.

Just FYI, I converted to USD and sold the USD at N685 this morning. It summed up to N828 per £ now. You have to remember that the Currency relate with each in other in different ways. USD, for instance, has a higher demand in Naija, so most times, converting to USD first would typically increase the value. Also, CBN gives N5 for every USD received.

So like I said, it could swing either way and it's not garbage in, garbage out.

CheesyTee:


Someone tried earlier this year, he was debited in naira but not credited pounds.

He had to file for dispute to get the money back.

Short answer, no.

Err, someone posted a screenshot that it can be done
I think I'll just try with 10K first and see

Thanks

onecoder:

Your lemonade should have naira and pounds account.
You fund the naira and convert to pounds within the app.
Then you can transfer to your UK bank account

Thanks
I'll try this
Any charges for transferring to UK bank account?