The rate at which dollar is going up this few days is just becoming alarming… Just few days ago it was 245 as regard a dollar. Today alone it has climbed up to N270; and there is every probability that it will rise up to N300 per dollar come next week. Hence it might not be favorable in some banks. Some bank will actually charge you 260 or more than for a dollar if you are buying things online.
Hence its appropriate you verify from your bank before you pay for anything online in dollars or with your PayPal account to avoid being excessively charged.
If you’ve traded or bought something online recently, kindly tell us how much your bank charges you per dollar in Naira.
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