Please what is happening to the above named bank?

Is it possible for any bank to be liquidated this period with all the CBN,NDIC and other regulators supervision?

I heard from a friend some months back that the, bank had issues but i doubted it. I felt all MFBs are well monitored to avoid failures.

Femaz was waxing very strong last year. They were all over Abuja markets and had bill boards in strategic parts of the city. Adverts here and there. They had very fine branded cars all over, conducted recruitment regularly all signs pointing to a bank with ambition.

One day, i was watching a video on TV and a colleague said that the person in the music video with plenty nollywood stars was the MD of Femaz. I said hmmmmmmm to myself.

To my surprise, a friend said he went to their headoffice in Wuse Market Abuja today as was told it is locked with no one upstairs....

So a bank can still fail

It's very possible. Even the commercial banks aren't finding it easy. Remember, Amcon recently had it roughed with Keyston bank. So, if it can happen to them, who is the aforementioned?

Bobugee:
It's very possible. Even the commercial banks aren't finding it easy. Remember, Amcon recently had it roughed with Keyston bank. So, if it can happen to them, who is the aforementioned?

One booming MFB in Abuja o!

Just went under with Peoples money

naijaboy756:
One booming MFB in Abuja o!

Just went under with Peoples money

That's it my brother. Since when TRIM (one time cooperate organisation that are into collecting people's money and paying back with some little interest) vanish, i'm usually very skeptical about investing my money on mfbs.


Their security aren't guaranteed. Little breeze could sweep them away from business and much crying and wailing, your money is gone.


I hope you aren't a victim to their predicament?

Bobugee:



That's it my brother. Since when TRIM (one time cooperate organisation that are into collecting people's money and paying back with some little interest) vanish, i'm usually very skeptical about investing my money on mfbs.


Their security aren't guaranteed. Little breeze could sweep them away from business and much crying and wailing, your money is gone.


I hope you aren't a victim to their predicament?

No dear im not. Heard a pastor jazzed the women to bring huge amount of money.....One WIHOFA.....Dont know hw true though

0oikjyhdgsf

LAPO has been around since 1987.
Run away from unknown wonder banks.
LAPO... improving lives since 1987

iI AM A VICTIM OF THIS BANKOOOOOOOOO,
THEY ARE STILL HOLDING MY MONEY,
I HAVE TRIED ALL I COULD
CBN, EFCC, BUT STILL HOPING ON GOD

PLEASE ANYONE WITH NEWS,

I WAS SKEPTICAL INVESTING BUT COS MY FRIEND WIFE WORKS THERE, I WAS EXPECTING THAT SHE CAN MONITOR, SINCE SHE WAS THE ONE YTHAT FINALLY PERSUADED ME TO INVESTING AFTER LIKE 3 MONTHS OF BEING RELUCTANT.

MY HARD EARN MONEY.

OILOFGLADNESS:
iI AM A VICTIM OF THIS BANKOOOOOOOOO,
THEY ARE STILL HOLDING MY MONEY,
I HAVE TRIED ALL I COULD
CBN, EFCC, BUT STILL HOPING ON GOD

PLEASE ANYONE WITH NEWS,

I WAS SKEPTICAL INVESTING BUT COS MY FRIEND WIFE WORKS THERE, I WAS EXPECTING THAT SHE CAN MONITOR, SINCE SHE WAS THE ONE YTHAT FINALLY PERSUADED ME TO INVESTING AFTER LIKE 3 MONTHS OF BEING RELUCTANT.

MY HARD EARN MONEY.

Chai....