₦airaland Forum

Rising cases of electronic frauds, especially Automated Teller Machine-related scams, which have made Deposit Money Banks to lose billions of naira in recent times, have forced some of the lenders to prevent their payments cards from working in the United States of America, China and a few other countries.

It was gathered that the banks took the action following the huge amount they were spending in refunding customers who had lost money in payment cards related frauds.

“A number of banks decided to deactivate their payment cards from working in the USA, China and a few other countries that are still using magnetic stripe instead of the chip and PIN,” a top bank official familiar with the situation told our correspondent on Sunday.

“The decision was caused by the rising cases of fraudsters using cloned Nigerian ATM cards to make transactions at shopping in malls in the USA and China,” he added.

Apart from fraudsters using cloned payment cards issued by Nigerian banks to buy goods abroad, it was gathered that some of the payment cards had also been used to withdraw money from ATMs in foreign countries, especially in the US.

“This scam has been on for a very long time but it has reduced drastically since some banks decided to deactivate their payment cards from working overseas. However, what we have done as a bank is to tell our customers to inform us whenever they are travelling overseas so that we can activate their payment cards to work overseas. Once they tell us, we will activate it,” the banker explained.

According to the Central Bank of Nigeria statistics, banks lost N40bn to electronic frauds in 2013 alone.

However, findings by our correspondent showed that prior to the recent deactivation of the payment cards from working overseas, refunds made by banks to customers who were victims of cards frauds were in excess of N1bn.

One of the ‘Systemically Important Banks’ made refunds in excess of N200m in 2014, a top official said.

The PUNCH had in August last year exclusively reported that electronic fraudsters had been duplicating payment cards belonging to Nigerian bank customers and using them to buy items worth millions of dollars from shopping malls in the US.

It was gathered that the development had made the Nigerian banks and their customers to be losing millions of naira to the e-fraud.

The development had forced top executives of the banks and senior officials of the CBN to meet with the Economic and Financial Crimes Commission sometime last year.

Following the meeting, the EFCC was said to have commenced the process of collaborating with sister agencies in the US to effect the arrest of some of the fraudsters.

When contacted on Sunday about the deactivation of payment cards from working overseas, the Chairman, Committee of E-Banking Industry Heads, Mr. Tunde Kuponiyi, said banks had deployed a number of technologies to stem the tide of electronic frauds, including payment card related frauds.

He said millions of naira had been spent to deploy the electronic payment technologies, adding that the rate of e-frauds had gone down drastically in recent times following such moves.

He, however, was silent on whether some banks had deactivated their payments cards from working overseas unless informed by their customers travelling abroad.

The Chairman, Chartered Institute of Bankers of Nigeria, Lagos State Branch, Mr. Abolade Agbola, had emphasised the need for the CBN to fast-track the biometric registration of bank customers as a way of checking electronic fraud.

He said, “There is no justification for it (deactivation of ATM cards); and what that will do is that people will limit the amount of money or specify the kind of account they expose to online transactions.

“I think the CBN is also insisting that when this issue has happened, it must be resolved speedily so that confidence will not be lost. And that is one of the reasons why banks will keep on changing their software to make it safer; and, of course, that is also one of the reasons the issue of national identity card needs to be fast-tracked, which is at the government level.”

The President, Institute of Chartered Accountants of Nigeria, Mr. Chidi Ajaegbu, said the CBN had achieved a lot in the cashless drive but there was a need to continue to build public confidence in the electronic means of payments.

“If we are striving to become a 24-hour economy, then we must have the necessary controls in place to build people’s confidence in the cashless policy we are driving. And part of this is making sure that people believe that their liquid assets and details are secure. It is the key to the 24-hour economy we are driving towards,” he said.

The General Manager, Visa West Africa, Mr. Ade Ashaye, noted that the type of card used in the US might be prone to fraud.

He, however, said the development could be mitigated by new technologies.

http://www.punchng.com/business/money/banks-stop-atm-card-usage-in-usa-china/

DobleO7:
You think fighting terrorism is as easy as you think, right?. The Nigeria Military are doing their best, lets support them in our own little way.

Supporting the NA is giving them the right ammunitions, equip and give them the proper training . This what support is! Support is not just accepting some nonsensical statement on internet by the leaders for failing to protect her citizens while sacrificing her men on the battle field. Why did think soilders are always running away from battle field? Why do you think there are so many court martial recently? Don't wish your family this.

donnypool:
stop living in denial. if a certain party is using terrorism as part of their campaign, that should tell you that boko haram issue is not being fought by everybody, and that include people in the military as well.

sometimes we hear news about army killing 100 boko haram, some people are always not happy about it. they groan and moan in bitterness, they ask question of "how are we sure they are not innocent citizen?" blah blah blah. If every Nigerian want terrorism be stopped, we don't need a new president to stop it.

P.S remember the news about the man that volunteer his daughter to be used as a suicide bomber? what does that tell you?

If it's your family that's is been killed and your children slaughtered, I doubt if you will be giving these excuses for failure to tackle the BH cancer for 6 years. No one cares about the oppositions, the government is always to be responsible and bears all the burden of the security of her citizens and there can never be an excuse for that. As at today things are getting worse in these affected area. So many sad stories.

Just imagine a government who once claimed that the Chibok girls were never kidnapped.

Ozedy:
So it is true that the Boko boy are advancing west of Nigeria as reported by CNN? you see, when Nigeria is pull down by western/opposition propaganda, not only GEJ will suffer it, all of us. No body says don't report what is real, but stop reporting what is not true. why is it that is only the bad things about Nigeria they like reporting. Nigeria forth Ebola to a stand still here, we hosted one of the best economic summit they could not report it one day, but quick to report Boko Haram evil deed. God will put you and all enemy of Nigeria to shame.

The truth is that Nigeria is at war and she is not winning presently. A lot of innocent citizens are dying daily, if that doesn't concern you it does concern sane people with blood running through their veins. Do think by not talking both it you guys can cover it up as GEJ tried to do when the Chibok girls were kidnapped? Bros, the whole world knows about all these killings and they also know how clueless the Nigerian leader is. I am thousands of kilometres from Nigeria, and people ask me everyday. The FG and the Military better face this insurgents and stop saving face, it can't work now it is too late.

blemon44:
that is because you don't pray


anytime you want to read the Bible you have to pray to God with faith

You are a comedian. You are too funny.

donnypool:
but hw did ecomug liberate serre leone and liberia?

Keep living in denial, it will only crush your country. BH are killing a lot of innocent citizens everyday that's the fact I know today. Another fact at present is that Nigeria Army is ill-equipped, and I believe is the reason they have been losing the war to BH for 6 years.

PS. I get am before no be property, and BTW this is another kind of war they need to get training for. Re-training in every profession is vital because nothing is constant and you must be positioned to always face new challenges.

geedeex2:
Don't ever say that again .Nigerian soldiers may not be well equipped but they can compete with their contemporaries all over the world .They are well trained .

I see! That's reason why they always run away from BH during battles. To think of it, BH is a not even a military per see with will trained men. They are mostly some under-aged, ill-trained, fanatical touts with guns and a lot of motivation of getting some heavenly virgins.

Rubbish response, fight BH and everyone will know. You don't need to release statements when you are winning the war, everyone will see it. But when you hear of BH attacking and killing innocent people everyday, then you know there is problem. Action speaks louder then words!

LagosBoi2:
lol guess you did not get my msg

Sorry, I was so angry about what's happening.

You are deluded fellow. Terrorist killing your people like rats in your country everyday for 6 years and your deluded mind is here comparing the Nigerian boy's scout to the US army. The whole world knows that the Nigerian Army is ill-equipped and not well trained. Action they say, speaks louder then words.

LagosBoi2:
Thank you NA, Go after anyone that exposes you instead of boko haram, I know you are better equipped for that one

Are you serious? people are dying like rats everyday. Why are we Nigerians so heartless?

A clueless president reign supreme! All hail the clueless one!

Everyone knows this, it's no news. The clueless one reigns.

President Goodluck E. Jonathan Phd, MOU, GCFR, Clueless

ayoku777:
There's no need for confusion, I think the bible is explicit enough about the timing of the resurrection and the rapture relative to the tribulation.

Matthew 24v29,31 -Immediately AFTER THE TRIBULATION OF THOSE DAYS shall the sun be darkened, and the moon shall not give her light, and the stars shall fall from heaven, and the powers of the heavens shall be shaken:

And He shall send His angels with a great sound of a trumpet, and they shall gather together His elect from the four wind, from one end of heaven to the other.

So there you have it; according to Jesus, the resurrection and the rapture will take place AFTER THE TRIBULATION.

Another scripture;

Revelation 20v4-5 -....and they lived and they reigned with Christ a thousand years.

But the rest of the dead lived not again, until the thousand years were finished. THIS IS THE FIRST RESURRECTION.

Can you see? The FIRST resurrection will take place at the beginning of the millenial reign which is after the tribulation.

So no dead in Christ will rise or be raptured until after the tribulation.

Where will the stars fall to?

unclejb2:
U seem very persimistic

No, I am been realistic.

Production of what in particular? LSM? Same old bulls.hit. Clueless country.

adanduka:
Are you writing your thesis?

Don't worry you'll soon get an answer. Just live right and do God's will till you get to heaven. The owner of that designation has the perfect answer.

No, I am not writing a thesis.

I just want to know where the word 'GOD' originated from and what was the meaning originally.

onos1979:
When a child wants to know what killed his father,he or she should also get ready for death.

What has your proverb got to do with the word 'GOD'?

There has been varied explanation to the source of the word "God" from different scholars, but many of them acknowledged that, "The English word God originated from an old Anglo-Saxon word which itself was derived from the Germanic word Gott which was used to refer to all sorts of "gods," not necessarily the "True God" (just as "god" still is)." How come the word is been used in the Bible to replace the name of the Christian God? Why can't the name of the Christian God be written as it is like the Muslims do for Allah?

Questions?

1. Where did the word 'God originate from?

2. What is its meaning?

3. Why is it used in the place of the Christian God in the Bible and not the real name?

It was too cold and I didn't feel like going.

truthman2012:
@DieeDiee

Your lengthy post does not answer my question, which all atheists have been dodging.

Nothing can produce something, right? Therefore something must have produced the Universe, which the bible says is God.

If you don't believe it was God, what was it

The truth is that you don't just make sense, pause for a minute and check your question. You said god created the universe, please who created god? And please which of the gods created the universe?

I now believe there is a need for people to pass an aptitude test before they are allowed to procreate. Just imagine how stupid the children of this person will be? It will be gross

Serious prophesy!

cloudstar:
asala1



Cha - why do you step so low to validate stupi.dity. This is a verse that is a psalm i.e. a poem. David was given a metaphoric expression about God's power. Did you read verses 31 and 32? Can the earth rejoice? Can the sea roar like a lion? These are simple metaphoric examples and that is very common in the Bible.

Jesus said in the gospels - I am the Door. Does that mean He is a physical door that is in your house? You are directly mis-representing the authors and the passages you have quoted. It shows little to nothing on your grasp on what you quoted. It's really pathetic though

It shows how little you know about the subject you are debating ;



Bros, I wouldn't do myself justice if I responded to you - please go back to school and read up on your basic literature. While at it, sit down and read the Bible, actually read it to get some insight. When you do that, you will see how shallow and pointless your claims are.



From your argument so far; I can see who is high on some "leaves"

This is also a peom abi?

[Then spake Joshua to JEHOVAH in the day when JEHOVAH delivered up the Amorites before the children of Israel, and he said in the sight of Israel, Sun, stand thou still upon Gibeon; and thou, Moon, in the valley of Ajalon.
And the sun stood still, and the moon stayed, until the people had avenged themselves upon their enemies. Is not this written in the book of Jasher? So the sun stood still in the midst of heaven, and hasted not to go down about a whole day.
And there was no day like that before it or after it, that JEHOVAH hearkened unto the voice of a man: for JEHOVAH fought for Israel. (Joshua 10:12-14)

Femmymata2:
@asala1, thanks for your insightful comments. It disgust me when i read the part of the bible where God orders israelites to kill without mercy some other group of people which includes infants,children and women. I ask myself did God not create this little children himself? Is that all he can do to salvage the situation? Amöngst all the land in whole world God cannot find anyone suitable for his chosen people without massive bloodshed. I learnt God repents,grieve at times but does it have any morals at all. But why should i blame the authors of the bible for writing on the historical happenings that positiöns them as a superior race to the others. If yorubas are to write about themselves won't they do thesame!

Thanks. I think Yahweh just love the sight of blood. Can't someone who created the whole world make a land flowing with milk and honey from a barren land and settle the Israelites there to save the brutal killing?

cloudstar:
asala1



Bros, there is no where in the Bible that Adam or Eve are referred to as Hebrews; you seem to be making claims that the Bible didn't make.



Let's be more specific. Please provide the specifics you are referring to and then we can look at the context. It's one thing to sound rhetorically effective but it's another thing to look at the texts you are referring to to find out what it means. So, please provide specifics. Earlier, you said the same thing about the Exodus; you were proven wrong and here you are making general statements. Again, I am not saying that there were no wars and killings in the Bible - not at all. I am saying you can't cry foul until you have read what happened. In your case, you have cried foul so many times



Suit yourself



The slavery you are referring to exist in your realm my friend - not mine

*Sihon refused Israel passage, went out to fight and was defeated (Numbers 21:21-26). All his cities were destroyed. Men, women and children were slain (Deuteronomy 2:26-36). Israel took possession of his land.

*The Amorites in Jazer were dispossessed (Numbers 21:32). No other details were recorded.

*Og of Bashan fought Israel (Numbers 21:33-35). Sixty cities along with many walled and unwalled villages were destroyed. Men, women and children were all slain (Deuteronomy 3:1-11).

*Midian was destroyed for tempting Israel into idolatry (Numbers 31:3-19). All Midianite cities and encampments were burned. Only female virgins were allowed to live.

Do you know what sane people call these killings? GENOCIDE my friend. Yes, Yahweh aided Genocide on the people he created.


Adam and Eve are Hebrew names, just like Obasanjo is a yoruba name

Only you can remove yourself from this mental slavery.

cloudstar:
asala1



My point was Catholics have traditions and practices that are not Biblical i.e. Confession to priest, purgatory. If you show me where it says the earth is the center of the universe in the Bible, then you have a case. So, far - you are mis-representing the Bible.



Another ignorant statement - where in the Bible did it claim that Adam and Eve where Hebrews?



Your claim was that from their Exodus; they murdered innocent people. Upon closer look at the details and texts, it stated otherwise. I am not denying that their were wars in the Bible.



Stop playing pretend - the text was clear. If I was a president and someone asked for safe passage - I WILL NOT ATTACK THEM. Man up and admit if you mis-represented the text instead of playing smart.



Try and get some education, most especially on Biblical narratives - you are free to believe in whatever you like, we all are.

1 Chronicles 16:30: “He has fixed the earth firm, immovable.”

Psalm 93:1: “Thou hast fixed the earth immovable and firm ...”

Psalm 96:10: “He has fixed the earth firm, immovable ...”

Psalm 104:5: “Thou didst fix the earth on its foundation so that it never can be shaken.”

Isaiah 45:18: “...who made the earth and fashioned it, and himself fixed it fast...”

We all know the earth is moving. Don't believe some semi-educated ancient men. Oh sorry, Yahweh forgot that the earth actually moves when he
inspired them or I guess he was high on some heavenly leaves.

cloudstar:
asala1



My point was Catholics have traditions and practices that are not Biblical i.e. Confession to priest, purgatory. If you show me where it says the earth is the center of the universe in the Bible, then you have a case. So, far - you are mis-representing the Bible.



Another ignorant statement - where in the Bible did it claim that Adam and Eve where Hebrews?





Your claim was that from their Exodus; they murdered innocent people. Upon closer look at the details and texts, it stated otherwise. I am not denying that their were wars in the Bible.



Stop playing pretend - the text was clear. If I was a president and someone asked for safe passage - I WILL NOT ATTACK THEM. Man up and admit if you mis-represented the text instead of playing smart.



Try and get some education, most especially on Biblical narratives - you are free to believe in whatever you like, we all are.

This is the Hebrew word for "man". It could be ultimately derived from Hebrew אדם ('adam) meaning "to be red", referring to the ruddy colour of human skin

Adam (Hebrew: אָדָם‎) is a figure from the Book of Genesis, also mentioned in the New Testament, the Quran, the Book of Mormon, and the Book of Iqan. According to Womack's creation myth[1] of Abrahamic religions.

http://en.wikipedia.org/wiki/Adam

The name Eve is a Hebrew baby name. In Hebrew the meaning of the name Eve is: Life, living, lively. Famous bearer: the Old Testament mother of the human race who tasted the forbidden fruit, precipitating the Fall of Man.

Eve (Hebrew: חַוָּה‎, Classical Hebrew: Ḥawwāh, Modern Israeli Hebrew: Khavah, Arabic: حواء‎, Syriac: ܚܘܐ, Tigrinya: ሕይዋን? or Hiywan) is a figure in the Book of Genesis in the Hebrew Bible. In Islamic tradition, Eve is known as Adam's wife although she is not specifically named in the Qur'an.

http://en.wikipedia.org/wiki/Eve

So in the Bible,Yahweh didn't help the Israelites murder innocent people and destroy so many empires for just no cause? Who are their enemies? Are these other empires not the so called 'Yahweh creations'. If Yahweh created everyone as the bible claim, why will he allow some 'chosen generation' to destroy others because they don't allow them save passage? This is ridiculous. This is the God the Bible says created the whole world doing this:-

*Sihon refused Israel passage, went out to fight and was defeated (Numbers 21:21-26). All his cities were destroyed. [b]Men, women and children were slain[/b] (Deuteronomy 2:26-36). Israel took possession of his land.

*The Amorites in Jazer were dispossessed (Numbers 21:32). No other details were recorded.

*Og of Bashan fought Israel (Numbers 21:33-35). Sixty cities along with many walled and unwalled villages were destroyed. Men, women and children were all slain (Deuteronomy 3:1-11).

*Midian was destroyed for tempting Israel into idolatry (Numbers 31:3-19). All Midianite cities and encampments were burned. Only female virgins were allowed to live.

Do you know what sane people call these killings? GENOCIDE. Yes, Yahweh aided Genocide on the people he created.

BTW, I haven't finish reading the history of my ancestors not to talk of reading the folklore of some ancient Hebrew people.

Only you can remove yourself from this mental slavery.

slyfox5555:
asala1



Get your facts straight, Christianity never put Galileo under house arrest, the Catholics did. Also, the Bible never claimed that the earth was the center of our universe. Please stop stretching the facts as you are mis-representing them



So the creation story of the universe as described in the Bible is irrelevant? Care of offer your version of how we got here?



You seem not to have read the Bible very well. Let me give you examples before you choose only one side. Israel has suffered more for idolatry than any nation in the world. God has dealt with them more than their enemies. God chose to use them to reveal the true God to the world but this privilege carried a great responsibility. So, let us read the accounts:

1. The 1st war the Israelite s fought was a direct assault from the Amalekites. There was a shorter way from Egypt to Canaan, but the Amalekites were there. So God took them through a hazardous wilderness to avoid any confrontation. But while they were resting at Rephidim, the Amalekites suddenly attacked - unprovoked, determined to destroy Israel. Read Exodus 17:8-18
2. Read Moses plea to the King of Edom to pass through his borders and the King refused- Numbers 20:14-20. This account seems to contradict what you said above.
3. Here is another one - Numbers 21:21-24. Israel asked Sihon king of the Amorites for safe passage but he refused and fought Israel.

From the above, I wonder how it tallies with your account. From history; it's either the historical records as described are wrong and you are right or it's right and you are wrong - which is it?

1. Catholics are Muslims I guess.

2. I actually don't how we got here but I will rather believe my ancestors were created by Olodumare in Ife because I'm Yoruba than to believe that my ancestors were some Hebrew family created in some imaginary perfect garden in the middle east.

3. From the Bible, are the Israelites not the chosen people? How many different empires were ruined according to the bible because Yahweh is taking his people to the promise land- Jericho and Canaan came to my mind.

4. Will you as a president of a country allow people from another country encroach your territory? There are rules, every empire has their right to defend their territory. For example, will it be right for the US start destroying Nigeria if they refuse them entry into Niger republic through their country?

Please remove yourself from this mental slavery.

benalvino1:
What signs?
Bible has said the earth was round long before scientist confirm it... then their belief was flat earth... bible said the universe is expanding long before science realized that...

I don't need any sign the bible said it... and yes I belief through faith.

Same Christianity that puts Galileo in house arrest because he said that the earth is not in the center of the Universe? My simple question which you tried dodging is "If God created the world. who created this God?

Bible? The same bible that said your ancestors are some Hebrew people (Adam and Eve). Guy, travel around the world and see that the bible creation story is just one out of the thousands of creation stories. Tell a man from China, Japan or an Indian that they are from Adam and Even, they will just laugh at you and think you are a mad man.

Have you thought of this: Why will God create everyone in the world and loves one tribe over another? Do you know that according to the stories in the bible, If the Israelites were passing through Nigeria during their exodus, they would have destroyed your country, kill your parents, brothers, rape your sisters and take your children as slaves.

benalvino1:
That's not the issue
Open a thread for that

I guess you can't answer that. We can ask the universe for signs that we want but ultimately we only see what we want to see. Funny people.