I always say that Nigerian banks are hypocrite and great pretender! infact Nigerian banks is the place where corruption at the highest level is harboured, yes you can quote me. That sector needs to be seriously sanitized. Unfortunately, the regulators have also been bribed by these banks to keep their dirty secrets...

When MMM freezes participant money for 30 days with promise of countinous growth of their contribution by 1% for each day, also with holiday bonuses, the confused Nigerian banks paid the media to broadcast negative new about the scheme. Now I learnt that no banks in this country pay out complete withdrawal to customers who wishes to withdraw certain amount from their account, banks freeze some larger percentage and pay their customers whatever they desire without given any reasons for this action. Well, an expert in the financial sector knows these reasons. The first Is that Banks have no mercy and show no empathy as they are claiming to do when it comes to issue of fund mobilization, they can go to any length to get money out from.any customer, I.am not surprised they turn many of their female staff to prostitute. Nigerian Banks reluctantly give out micro loans to customers to fund their business despite the facts that it is those custimers' money they keep in their vault. They show no mercy to any customer when it comes to raising credits to their customers to help their investment.

AT this time of the year, Nigerian banks stack funds in their books and will do anything no to let out the fund because of their competitive nature at the detriment of the owners of those fund. They all want to declare profits and figures which they have not practically worked for since the beginning of the year, figures that are like mirage in their books because immediately after 31st December those funds fly away and their balance sheet look so scanty.

The painful part is that CBN knows all these malicious practices by bank and won't react just because CBN is part of their corruption. We have a long way to go in this country.

Kindly visit related opinion : http://ynaija.com/opinion-cbn-can-learn-mmm/?utm_source=nnd&utm_medium=twitter&utm_campaign=nnd

You should re- read what you wrote up there and see if it makes any meaning
You mmm guys, should just keep praying.
January 14 is just some days ahead