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Seriously? Could you really even get $1,300 (or equivalent) in a single draw from an ATM in Lagos in 2002? Update: Found this article [1] stating that before
by geekfactor 13y ago
Seriously? Could you really even get $1,300 (or equivalent) in a single draw from an ATM in Lagos in 2002?
Update:
Found this article [1] stating that before 10/2012 the limit was 100,000 NGN, which at the end of 2002 traded at about 125 to the dollar [2]. That would put the withdrawal limit at about 800 dollars, but I'm not sure that's far off enough to call this article a fraud.
[1] http://businessnews.com.ng/2012/10/10/banks-raise-atm-daily-withdrawal-limits/ http://businessnews.com.ng/2012/10/10/banks-raise-atm-daily-...
[2] http://www.likeforex.com/misc/historical-rates.php?f=USD&t=NGN&y=2002&m=12&page= http://www.likeforex.com/misc/historical-rates.php?f=USD&t=N...