Iroh88:
Just to cover the electronic trail of the fraud... Can Baba really defeat this cancerous monster??

Obiagelli, are you seeing this??

I weep for my country.

Someone tell me, why can't the Nigerian secret police go under cover to pose as businessmen and bust those behind this crime?? The victims are businessmen and would rather pay the "bribe", get their forex and move on to do their business than report to the authorities.

What has the DSS been doing sef??

laurel03:
Eedris should go and remix that song "Nigeria Jagajaga, everything scatter scatter"

sholatech:
This is why Emir Sanusi told Buhari he is encouraging corruption by refusing to Devalue the Naira!

ijustdey:






these banks are so corrupt

if the don't do forex fraud/racketeering......
they will be aiding ghost workers Fraudster...
or they would actively participate in money laundering
even they will engage in some illegal deduction



why are this people trying to find loopholes in any government programs to defraud the citizens and businesses

dre11:



Very very true and all because of some stupid policies. Emefiele is a banker and not an economist.he is also protecting the banking sector because all these racketeering has been their lifestyle.
Buhari is not helping matters and I must admit that the earlier buhari is brushed up to align with global best practices on some vital issues the better for the bleeding nigeria otherwise it will be catastrophic for this country called nigeria.




www.punchng.com/forex-scarcity-banks-in-multi-million-dollar-racketeering/

Saved2Serve:
i think he released it too early... na now the whole country scatter

Obiagelli:


When pmb said we have high criminal tendencies, wailers were jumping up and down.
I think the cbn governor needs to be fired, they are supposed to monitor this activities and report to the security agencies

youngalex:
I blame CBN for creating the loopholes capitalized on by commercial banks,Henceforth Banks should on a monthly basis forward the list of Companies that applied for letters of Credit,with their mail addresses...If the commercial banks are issued dollars CBN will personally notify those on crucial import list,when they are notified that their letters of credit,forex transfers etc has been approved by CBN they can proceed to assess forex,Giving the Banks Money without a proper follow-up on the way it is utilized is inefficiency on their part and a catalyst to unwholesome practices....CBN is the cause of this financial crisis

Obiagelli:


When pmb said we have high criminal tendencies, wailers were jumping up and down.
I think the cbn governor needs to be fired, they are supposed to monitor this activities and report to the security agencies

Iroh88:
Just to cover the electronic trail of the fraud... Can Baba really defeat this cancerous monster??

Obiagelli, are you seeing this??

I weep for my country.

Someone tell me, why can't the Nigerian secret police go under cover to pose as businessmen and bust those behind this crime?? The victims are businessmen and would rather pay the "bribe", get their forex and move on to do their business than report to the authorities.

What has the DSS been doing sef??

youngalex:
I blame CBN for creating the loopholes capitalized on by commercial banks,Henceforth Banks should on a monthly basis forward the list of Companies that applied for letters of Credit,with their mail addresses...If the commercial banks are issued dollars CBN will personally notify those on crucial import list,when they are notified that their letters of credit,forex transfers etc has been approved by CBN they can proceed to assess forex,Giving the Banks Money without a proper follow-up on the way it is utilized is inefficiency on their part and a catalyst to unwholesome practices....CBN is the cause of this financial crisis

omolola15:
I bought a software online that cost 9.9 USD. Hours later first Bank gave me alert of 3,385.08 naira. That means I was charged around 341 naira per USD. The thing vex me but nothing I fit do. I just keep praying we get out of this mess as soon as possible.

hustla:
Nigeria won't change till there are consequences, serious ones for corruption and things like this
We need the death penalty badly before Nigeria can be good again

hyperflex:
We need to start shooting some policy makers in this country. Once again suffering the masses n giving the elite power. Abi who else r these banks getting money from

INTROVERT:
Everything said here is very true.. Especially those bank boys that work with forex and FT department and their ogas. I can't say more coz Il just implicate people close to me.

prince3009:


You bought a software while there is something called TORRENT!!!

Melkizedek:

Stories that touch. You guys have been burning thieves on the street for decades, has that stopped theft?

ngoziama:




Where is SOLUDO

omolola15:


Believe me if there's a torrent for it I wouldn't have bought it. Me wey I be master of cheat, i don't waste my money like that. Sorry I didn't buy the software. I subscribed. And i really really need it.

ijustdey:


has devaluation ever helped our economy


I listen to the cable debate about devaluation and I was impressed when all panel of discussant says devaluation at this point in time will not help the economy but the CBN should play its roles in monitoring and giving templates for guidance on how forex is getting to the end user who are the manufacturing companies......


but, the banks and bankers are just frustrating any gains this policies do have

INTROVERT:
Everything said here is very true.. Especially those bank boys that work with forex and FT department and their ogas. I can't say more coz Il just implicate people close to me.

blackpanda:


Which decades When u had a president that said stealing isnt corruption? Puhleeeeese!

sholatech:
This is why Emir Sanusi told Buhari he is encouraging corruption by refusing to Devalue the Naira!

INTROVERT:
Everything said here is very true.. Especially those bank boys that work with forex and FT department and their ogas. I can't say more coz Il just implicate people close to me.