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CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals (22156 Views)

CBN Fines Zenith Bank, First Bank, Others N1.4trn / Forex Racketeering: CBN Fines Banks, Bdcs Hundreds Of Millions For Infraction / Stanbic IBTC Bank Staff In School Uniforms To Mark Customer Service Week. (2) (3) (4)

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Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by KaluwisxPRO: 8:52am On Apr 07, 2022
Difrent:

What a contrdictory statemet.....is enaira not run on blockchain technology?

It is on the blockchain but not active. Just a dumb CBC with no value on the blockchain.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by 2sexycom(m): 9:27am On Apr 07, 2022
justice212:
Most of this banks are bunch of criminals Zenith bank will debit you three good times when you make a single transfer. But me I done pack my money move to another bank
My brother, na so Zenith Bank debit me ooo 3 times for failed transaction. Dem begin lie say dem return my money... meanwhile when it happened, I used code check my balance... I even went to ATM to check and both showed the same balance after the said transaction, proving that they really debited me.

These guys are still claiming that they didn't debit me... in same breathe, they said the returned it... then added that they are doing investigation lol...

I have moved my money out of that useless bank... I begin ask myself say wetin carry me go there sef.. cos it was not my major bank...
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Omodua(m): 10:03am On Apr 07, 2022
UmmAmir:
Crypto wey dey help us survive small small, na im una wan ban?
UmmAmir, chat me up.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Omodua(m): 10:04am On Apr 07, 2022
lonelydora:
StanbicIBTC, I don't know how you guys will pay the said amount, but make sure my #2,300.52k is still intact o.

I mo wan hear story
Lol
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Omodua(m): 10:07am On Apr 07, 2022
Johnrake69:
May we never see this type of administration again. How can Emefiele and his cohorts ban an innovative industry currently worth about $2 trillion dollars in market capitalisation.

Indian, Brazil, US, Canada, Europe, South Africa, UAE, Singapore, Russia, Ukraine have all recognised the legitimacy of crypto currency and this good for nothing adminstration in a country that is home to 95M extremely poor people are here banning crypto.

Thankfully, Blockchain is here to stay. It's simply a matter of get in line or be left behind.
Thanks for the info. But what is Blockchain. Could you enlighten me.
Grateful you do.
Waiting
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Omodua(m): 10:08am On Apr 07, 2022
Fibonacci88:
Which kind ban crypto. Crypto wey Malami dey trade. Of all the millions of p2p transactions wey men do na only few transactions Dem fit spot with d stupid software. Crypto is banned but Binance is actively advertising to us on DStv. Mumu government.
Hnmmm
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nigerialabalaba: 10:12am On Apr 07, 2022
Craigslists:
Lol.

Crypto has come to stay…

Whether you like it or not.

Even Malami (Attorney General) dey trade Crypto.

The industry watchdog spotted the transactions and their details, by way of an ultramodern surveillance technology currently exclusive to it.

e be like say u no read dat part. dem go catch u sosey
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by baralatie(m): 10:14am On Apr 07, 2022
Na access customers go suffer this one
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Poleski: 10:38am On Apr 07, 2022
No wonder thieving UBA debited me twice for a service I didn't use! UBA is not a good bank.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by egbedox: 10:40am On Apr 07, 2022
Fibonacci88:
Which kind ban crypto. Crypto wey Malami dey trade. Of all the millions of p2p transactions wey men do na only few transactions Dem fit spot with d stupid software. Crypto is banned but Binance is actively advertising to us on DStv. Mumu government.

I laugh. I was going to say this too bro. Crypto was banned and yet some Nigerian programs are being sponsored by crypto companies. Yeye govt. wey no know nada. Mtcheew
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Benny6944: 10:54am On Apr 07, 2022
Earn massively when you trade and receive funds from all part of the world from paxful. sign up and enjoy

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Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Difrent: 11:41am On Apr 07, 2022
Miyachi:

No. It is a digital currency. It doesn't use blockchain tech.

Really?
So what is used to send and receive enaira?
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by REALretep(m): 11:51am On Apr 07, 2022
Difrent:

What a contrdictory statemet.....is enaira not run on blockchain technology?
You are right
It's Blockchain but it's not anonymized unlike other cryptocurrencies
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Miyachi: 1:57pm On Apr 07, 2022
Difrent:


Really?
So what is used to send and receive enaira?

You clearly don't understand what you are talking about. The central idea behind blockchain is decentralization; eNaira was not designed to be decentralized. I'm guessing it's just an application with an SQL database at the backend, it's is no different from the mobile banking app you use everyday. eNaira is not "sent", values are just being changed in a database somewhere.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Goldmediah: 3:14pm On Apr 07, 2022
WOW!!

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Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Aaay: 5:29pm On Apr 07, 2022
Really
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Risentouch(m): 6:07pm On Apr 07, 2022
I will be surprised not to see Access Bank make the list.
Always in the news for one vice or the other.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Goldbw122(m): 6:52pm On Apr 07, 2022
2mercy:
CBN fines Access Bank N500mn, Stanbic IBTC N200 million for concealing customers’ crypto deals

The industry watchdog spotted the transactions and their details, by way of an ultramodern surveillance technology currently exclusive to it.



https://www.premiumtimesng.com/news/top-news/522176-cbn-fines-access-bank-n500mn-stanbic-ibtc-n200-million-for-concealing-customers-crypto-deals.html
That means anyone trading on p2p is in trouble?
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nobody: 7:49pm On Apr 07, 2022
Goldbw122:

That means anyone trading on p2p is in trouble?
No, you just have to careful and trade with verified users with high ratings and numerous trades.

If CBN know how much binance make from p2p trading on daily from Nigerians, they won't even try to stop them and I don't think binance care either.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nobody: 7:53pm On Apr 07, 2022
Nigerialabalaba:


The industry watchdog spotted the transactions and their details, by way of an ultramodern surveillance technology currently exclusive to it.

e be like say u no read dat part. dem go catch u sosey
I don't think they used any ultramodern technology whatsoever, Cbn guys are on p2p simple.

1 Like

Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by aekinscastle(m): 8:05pm On Apr 07, 2022
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Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nigerialabalaba: 8:06pm On Apr 07, 2022
Nuttella:
I don't think they used any ultramodern technology whatsoever, Cbn guys are on p2p simple.
olodo, u tink say cbn na nta. cbn ,in case, u no sabi , na d last line of defence of our national economic and fimance security. Na d best of d best brains wey no get time for easy crypto lazy yoot money dey man am,no be lazy yoots wey dey play on nl .

abeg go school first so u go get d sensw of wetin a central bank mean first
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nobody: 8:12pm On Apr 07, 2022
Nigerialabalaba:

olodo, u tink say cbn na nta. cbn ,in case, u no sabi , na d last lime of defence of our national economic security. Na d best of d best brains wey no get time for easy crypto lazy yoot money go dey man am,no be lazy yoots wey dey play on nl .

abeg go school first so u go get d sensw of wetin a central bank mean first
I studied Economics, just incase you think I don't know anything about cbn, the economy, devaluation, inflation and deflation, budget deficits and other economic jargons, who told you it's the best brains that work in cbn?
Cbn slots that some not-so-smart people buy and even their uncle put them there. I know someone that studied a science course that is working in cbn. Leave that thing o. Nigeria have spoil. If I know someone that have a strong connect in Abuja, I will work in cbn even if I made third class. You dunno what is going on cheesy.

1 Like

Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nigerialabalaba: 8:19pm On Apr 07, 2022
Nuttella:
I went to school, in short I studied Economics, just incase you think I don't know anything about cbn, the economy, devaluation, budget deficits and other economic jargons, who told you it's the best brains that work in cbn?
Cbn slots that some not-so-smart people buy and even their uncle put them there. I know some that studied a science course in a polytechnic that is working in cbn. Leave that thing o. Nigeria have spoil. If I know someone that have a strong connect in Abuja, I will work in cbn even if I made third class. You dunno what is going on cheesy.
Now u don confam say u no sabi anytin. Ordinary nibss, u no go fit enter with ur economics certificate to handle backend of dis kain tin. If u go beta school , one of ur lecturers go don consult for cbn.Go ask am wetin hin do dia. U be olodo if u see d kain tech level our banks like gtb dey run yet no sabi say for cbn to monitor dat kain tin, dey must be ahead. To manage ordinary bank dey hard, now con imagine pesin wey go supervise and regulate efrything.
I don see say u be the nothing dey happen crew.U no sabi anything. D 9ja boys wey dey backend for cbn no be dos ur olodo classmates o.
Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by Nobody: 8:23pm On Apr 07, 2022
Nigerialabalaba:

Now u don confam say u no sabi anytin. Ordinary nibss, u no go fit enter with ur economics certificate to handle backend of dis kain tin. If u go beta school , one of ur lecturers go don consult for cbn.Go ask am wetin hin do dia. U be olodo if u see d kain tech level our banks like gtb dey run yet no sabi say for cbn to monitor dat kain tin, dey must be ahead. To manage ordinary bank dey hard, now con imagine pesin wey go supervise and regulate efrything.
I don see say u be the nothing dey happen crew.U no sabi anything. D 9ja boys wey dey backend for cbn no be dos ur olodo classmates o.
Oga take it or leave it, cbn guys are on p2p, I can see that you are a banker, let me burst your bubbles, I got two offers to work in two different banks but I turned it down for personal reason, that you are working in a bank doesn't make you smart, you went through training school for some months, you are now feeling like superman. My classmates are doing well for themselves, one of them is working in Dubai, others are working in other places, the fact that those guys are in cbn doesnt mean that they are smarter than us, they have been trained yes but still.......

Working in gtb doesn't make you smarter than me and desist from calling me olodo.
Come and talk to me when you pass kpmg aptitude test.

1 Like

Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by XAUBulls: 1:47pm On Mar 22, 2023
2mercy:
CBN fines Access Bank N500mn, Stanbic IBTC N200 million for concealing customers’ crypto deals

The industry watchdog spotted the transactions and their details, by way of an ultramodern surveillance technology currently exclusive to it.



https://www.premiumtimesng.com/news/top-news/522176-cbn-fines-access-bank-n500mn-stanbic-ibtc-n200-million-for-concealing-customers-crypto-deals.html
Woah!

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