₦airaland Forum

Today is a good day.

Facebook have finally allowed billing in Naira, i was busy minding my business on twitter when i saw an update, not believing what i just read i immediately tried to set up a new ad account and voila!!!

Need to change your payment settings ? read more here http://www.oyintemi.com/facebook-now-charges-naira/

crowne:
Today is a good day.

Facebook have finally allowed billing in Naira, i was busy minding my business on twitter when i saw an update, not believing what i just read i immediately tried to set up a new ad account and voila!!!

Need to change your payment settings ? read more here http://www.oyintemi.com/facebook-now-charges-naira/

thats nice o

how do you place ads? I tried once, post reach was 7k and not a single conversion, na jazz?

That is a good news.

I pray other big wigs in the industry like google and other payment processors starts to accept Naira

(Maybe Buhari's magic is beginning to work o)

Very correct

Lets see how it will pay us.

not really cool if it involves DCC.

otherwise, bravo !

DivideUs:
dcc? can you educate me a little more please?

DCC = Dynamic Currency Conversion. it will convert the dollar amount to naira at CBN rate.

only Stanbic cards appear to support it for now. other banks have blocked it on their cards.

if FB uses DCC, you won't be able to pay with your naira MasterCards. you will need to use a dollar denominated card and choose their dollar option unless your bank supports DCC.

that's unnecessary stress.

Hmmmmm..

Nice one

Payment has been declined by Banks. So it's not yet uhuru until we figure out a way to pay.

This is a result of Nigeria's forex policies that have hit facebook with the inablity for Nigerian users to pay for stuff in the usual USD they used to.

This may not be exactly Good News Yet, Read Why

Amazon has been accepting payment conversion in Naira for at least 2 years now (i first used it in 2014), the problem still is that they will bill you the naira but demand the money in USD equivalence from your bank (usually high).

Bottom line is that Nigerian banks will still require customers to use USD debit cards to make purchases from foreign companies like Facebook because they pay these companies in USD. Except of course foreign exchange ceases to be a problem for the banks.

But it will still be at the exchange rate of the Naira to dollars

Congrats to you all.

Good

Lemme disconnect my neighbours light before i comment..

Facebook! Facebook!! Facebook!!!



















How many times did I call you?

Whatever it takes to grow the naira

Old news

Face book ads always contribute to capital flight ..let's learn to buy Nigeria and advertise on Nairaland joor

How does this help anybody? I need explanations please?

Nice!

Apple should follow suit and give us a naira iTunes store.

Why pay for ad? I can just post the damn thing on my front page!

why only ads now?
same should go for promotions as well

Has anyone tried it yet?

Repairing a failed nation is a slow and steady endeavor.... We'll get there.

kenkenn:
(Maybe Buhari's magic is beginning to work o)

This means our naira will gain value, because Facebook need to change the naira to dollar thus, making more circulation of dollar into our country and creating demand for the naira... for the record, this is a positive step and commutatively leads to the above.... To the laymen's understanding.

Nigeria is undergoing a very painful but quite revolution. It shall be well. Give it one more year.

Good one.
Though, most of my ads is on Nairaland. See my signature to know what we do.

Buhari is working