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Nairaland Forum / Science/Technology / Webmasters / 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) (829 Views)
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7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by miracle4(m): 1:02pm On Dec 31, 2015 |
A lot of Nigerian bloggers, mini-importers, web hosting resellers, domain resellers and web artisans have in the recent weeks expressed shock and concern with the new CBN policies. The huge discrepancy between the official CBN rate, black market operators and private bureau de change (BDCs) operators has been the cause of dissatisfaction among the bloggers and Nigerian netpreneurs. The recent rumors of Nigerian banks planning to prevent their customers from using naira-denominated ATM cards locally for transactions denominated in forex isn’t sounding good at all for bloggers that needs forex for payment of web maintenance services, advertisement and tools. We have taken the uncertainty of CBN policies for 2016 into consideration and have come up with a near-perfect list of top 7 best ways to stay unscathed in the President Muhammadu Buhari’s De-Dollarized Economy as a Netpreneur in Nigeria. 1.Payoneer Payoneer is a huge relief to bloggers and internet marketers as it lets one receive payments (payout) from abroad. This may not be the best option for mini-importers but should work great for bloggers, affiliate marketers and freelancers. A single Payoneer account will normally give you access to a fully functional USA bank account, European collection account and a fully functional credit card. With this, you can receive payments in Euro from European companies, payments in USD from American companies, withdraw from all ATM machines worldwide and pay for goods and services directly in USD. The steps for opening (you'll get free $25 at sign up), funding and withdrawing from a Payoneer is discussed in full at the source link here. 2. US Paypal Account This is another top-notched way to go about your online business without panic and worries. A US paypal account will make it easy for you to pay for services in USD without the dubious rate being charged by the ever-dubious Nigerian banks. Also, paypal funds are cheaper as you can easily buy from some bloggers and internet marketers for as low as NGN170/$. With a US paypal, you can also withdraw funds from paydotcom, hosting companies and other high paying affiliate programs. Mini-Importers can benefit hugely from this option as they can easily sky-rocket their mini-importation business by buying paypal funds at a discounted rate from bloggers and internet marketers. You can even ask most bloggers to pay your source (whole-seller) in USD while you pay the equal in Naira to his Nigerian bank account. [continue reading]
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Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by Nobody: 3:02pm On Dec 31, 2015 |
With this new CBN policy, can we still make payment with our Naira Mastercard on facebook for buying of ads and promotion of our goods and services? 1 Like |
Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by miracle4(m): 9:38pm On Dec 31, 2015 |
MrJohnAgbo:some banks will still allow you to do so, just that the rate is a bit ridiculous |
Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by Nobody: 11:55pm On Dec 31, 2015 |
miracle4:Thanks for your response. But then is there any alternative to use and make payment? |
Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by miracle4(m): 1:35am On Jan 01, 2016 |
MrJohnAgbo:about 3 alternatives is already mentioned in the thread body 1 Like |
Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by yomalex(m): 4:34pm On Jan 01, 2016 |
Good tips |
Re: 7 Ways To Succeed In Buhari’s De-dollarized Economy As A Blogger (or Netpreneur) by miracle4(m): 6:52pm On Jan 01, 2016 |
yomalex:thanks for checking out bro |
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