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Nairaland Forum / Nairaland / General / Business / Naira-4-dollar Scheme Ends May 8, Banks Tell Customers (34867 Views)
Naira 4 Dollar Scheme: 7 Fold Surge In Diaspora Weekly Remittances, To $40m / CBN Introduces ‘naira 4 Dollar Scheme’ For Diaspora Remittances / CBN Introduces ‘Naira 4 Dollar Scheme’ For Diaspora Remittances (2) (3) (4)
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Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:13pm On Mar 16, 2021 |
ednut1: I see...no escrow |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by PHijo(m): 9:15pm On Mar 16, 2021 |
Onyi22: If you send us dollars to Nigeria from abroad through companies like money gram or WU 5 Naira will be given for every us dollar. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by stonemasonn: 9:16pm On Mar 16, 2021 |
But dollar is just 380 naira over the counter or I don't get it 1 Like |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by stonemasonn: 9:17pm On Mar 16, 2021 |
PHijo:Ok great |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Bukden16(m): 9:21pm On Mar 16, 2021 |
I'm kinda confused..!
Abi it's the goat meat, that is confusing me?
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Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Henix(m): 9:22pm On Mar 16, 2021 |
PHijo: How much is dollar at black market, and how much is the bank's exchange rate? I don't think N5 incentive is enough for people to stop taking their dollar to the Aboki at black market 3 Likes |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by DSC7: 9:24pm On Mar 16, 2021 |
Onyi22: It means that if you have 400 naira you can not buy one dollar.... But if you have 4 dollars banks will give you #2000 Hope u understood?.....
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Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Ikinternational: 9:24pm On Mar 16, 2021 |
One of the dumbest cbn policy is disallowing direct deposits to naira accounts from abroad. They really messed up a lot of Nigerians. Something very very convenient. N they thought best to take it away from the customer. They effectively killed small transfers. (35k or less) 5 Likes |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by PHijo(m): 9:25pm On Mar 16, 2021 |
Henix: It is not, the policy doesn't make sense at all. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by gogo2479: 9:25pm On Mar 16, 2021 |
I transferred $8k to my sisters GTB dollar account via my USA bank Chase bank and she went to collect the money and ask them for the naira to dollar they refuse giving it to her saying you only can get it if you use international money transfer organization. Like world remit, boss revolution , small world and remitly. Scam scam scam. 3 Likes |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by mrdharkchild(m): 9:27pm On Mar 16, 2021 |
Biyonce: Creamy boobs indeed. More grease to your boobs, sorry, your business 1 Like |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Sholagas: 9:28pm On Mar 16, 2021 |
D |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by RPG2020(m): 9:32pm On Mar 16, 2021 |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Pandev(m): 9:34pm On Mar 16, 2021 |
[quote author=Stephenlord post=99944003][/quote]abeg wey osamz007 sef? Na him dey use this meme pass |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Livelystone01: 9:35pm On Mar 16, 2021 |
Onyi22:Banks are giving #5 for every dollar received at the moment. This means if you were sent $100, you will receive it plus #500 as incentive. Last week Friday, I got some cash as incentive after collecting my actual dollar through Western Union from UBA over here in PH. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:38pm On Mar 16, 2021 |
gogo2479: That is because when you receive money through domiciliary accounts, it is not seen as remittance. That is bank to bank transactions International money transfer organization is all about remittance and the cbn naira to dollars promo is for only remittance 2 Likes 1 Share |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:38pm On Mar 16, 2021 |
if black market is 485/$ just minus 5 naira... dollar still high... God punish Buhari and Nnamdi Kanu 1 Like |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Livelystone01: 9:38pm On Mar 16, 2021 |
DSC7:Misleading bro. If you receive 4 dollars, you will be given 20 naira. Please let's try to understand the scheme so as not to mislead others. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by akpota(m): 9:40pm On Mar 16, 2021 |
Whois:This has existed for years. Every smart dude knows this. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Livelystone01: 9:41pm On Mar 16, 2021 |
Henix:The scheme does not force you to exchange your dollars at the bank. They give you your money and the cash incentive along. I received my money last week plus the naira incentive. I have never exchanged at the bank, I normally run to the black market to do my exchange. (460-470) at the moment. 2 Likes |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by DSC7: 9:45pm On Mar 16, 2021 |
Livelystone01: Ok sir i don learn..... #20 wey no buy 2 purewater here..... Dis govt na wa ooo.... |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:46pm On Mar 16, 2021 |
Alhajikbee1:There are many beneficial schemes out there but only ethno-religious tension get front page attention on this forum. |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:46pm On Mar 16, 2021 |
Alhajikbee1:There are many beneficial schemes out there but only ethno-religious tension get front page attention on this forum, so sad! |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Cerebellum: 9:46pm On Mar 16, 2021 |
QuitNotice:H knack you there |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by DSC7: 9:47pm On Mar 16, 2021 |
BadRadio: Na NK be the new CBN governor?
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Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:52pm On Mar 16, 2021 |
DSC7:he is the president of biafra 1 Like |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by DSC7: 9:55pm On Mar 16, 2021 |
BadRadio: Lolssss..... Our online country abi? Nlanders no go kee pesin ahswear....
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Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Nobody: 9:58pm On Mar 16, 2021 |
DSC7:MNK na guy man... he's hustling from isreal... but he's president of biafra |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by dansito: 10:08pm On Mar 16, 2021 |
Livelystone01:Where is the location you did the exchange for 460-470 at the moment |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by ayandee: 10:08pm On Mar 16, 2021 |
Livelystone01:that rate is low. I sold at 477 today 1 Like |
Re: Naira-4-dollar Scheme Ends May 8, Banks Tell Customers by Mryacks: 10:09pm On Mar 16, 2021 |
Onyi22: If someone you know sends you money from abroad say like $1000. You can go collect the $1000 at the bank and in addition, you will be paid N5 for every dollar. E.g: N5 × 1000 = N5000. So you will get your $1000 cash plus another N5000 cash from the bank. 1 Like |
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