₦airaland Forum

Lots of billionaires spend more than this weekly, but not Davido.
Arthur Eze spends/gives out more than $100k daily. That's for sure.

One of the sad aftereffects of Buhari's reelection is that we would have to endure lunatics like this Sagay for another 4 years. But that's not gonna happen. Atiku would reclaim his mandate very shortly.

Oh, so the legendary Paul Ogwuma of CBN is still alive?

Oh boy, only royalties from 419 men alone is enough to make him a billionaire for life. .19 men don use him name chop billions of dollars with CBN format since way back. Before Soludo take over.

Biingoo:
Kennis opposite casablanca gra phase two ph

OK I for say. E go hard to see club wey dey sell Smirnoff Ice for Lagos or Abj. Talkless of to sell anything for N5h. Na so so thousand thousand be everything, even bottle water.

Biingoo:
Naso I invite to come join my table some time ago. This babe ordered for andre rose wey dem dey sell 10k for the club on top my head while Me wey invite dey drink smirnoff ice of 5h... This same girl has only bottle water on her table before I invited her to join me. You dey see how heartless these girls are Since then na every man for himself. If you like, look me sote even show me bleaze I no go invite you come my table. Man don wise up

Wetin be the name of that club wey dem dey sell Smirnoff Ice? And N5h for that matter? Which area e dey?

Rochas!

I rather support Abiodun than support someone like Buruji Kashamu.

Faze is a backstabber. He knows exactly what he is doing by posting this picture.

senatordave1:
Uzodinma is the next governor of imo.worst case scenario will be inconclusive polls.

You have serious issues, you this guy. Always shamelessly placing hope on rigging and 'federal might', even where it is not possible. The people's votes and popular opinion means nothing to you. Your political views are the most shamelessly twisted and unreasonable in this politics section. Your problem is mental and psychological. Maybe even spiritual.

You need to reflect deeply and retrace your steps, or seek help.

dominusgai:
It is the banks job, not the person's job to report to EFCC. And if the bank reports it, EFCC will have to ascertain if the transaction is for goods and services by investigating the company's books first, not harassing the company owner first.
Transaction limit is not the same as EFCC report responsibility. Any transaction above 10million naira (for corporate bodies) is reported to EFCC, but that does not mean the transaction limit is 10 million. No corporate account has a transaction limit, not one. That does not mean no report would be made if an high transaction is made.

Even a typical individual account does not have a transaction limit in the real sense. Reporting requirements for certain categories of transactions is not the same thing as transaction limit.

If Arthur Eze chooses to transfer N5b to me via my savings account, as merely a goodwill gift, what does the law say about that? Does the law forbid anyone from giving a monetary gift to another person beyond a specified limit? What if I refuse to upgrade the account to a current account or a corporate account? Am I obligated to do so in order to be qualified to have a certain amount?

With that N5b in my savings account, what if I choose to 'dash' my brother, friend, or anyone else N1b via a transfer to their own savings account? Really, I need clear answers on the illegality in these kinds of transactions. We can't assume they're not possible or 'reasonable'. Man was not made for the law. The law was made for Man.

Very disgusting old fool. You would keep blaming PDP until you die and in fact, PDP will be the last word on your gworo infested lips at your point of death.

adanny01:
You must be kidding.

When government suspects you committed a crime, they dont need hard facts to invite you to write a statement on the suspicion. You have a chance to come clean or fabricate stories, however, the statement can be used against you in court.

And I can choose not to say any gaddem thing at all, so that they would charge me to court and tender their 'suspicion' as evidence! The primitive model used in Nigeria is to arrest you first and expect you to supply them with 'confession' that would be used to nail you in court. Madness.

You see why Nigeria is not a serious country? Which serious country would waste its resources in arresting people without substantial evidence and charging them to court on thin and watery charges? To what end?

Kennydoc:
Now this is getting very worrying. What do these guys know about the elections that we don't?
I personally believe that Atiku won't win the court case (though I support him). I mean, let's be real. This is Nigeria. I don't see the Supreme Court nullifying the whole elections and asking for fresh presidential elections to be conducted. The cost of conducting presidential elections is so humongous that no court including SC will want it to be repeated.
The more these guys beg Atiku, the more it becomes clear that a lot of water passed under the bridge in the last elections.

Lol. You don't know what the Supreme Court is capable of. Do you know what judicial activism means? Ask Amaechi, he himself is a big beneficiary of judicial activism.

The Supreme Court will not merely cancel the election and order a fresh election. The Supreme Court would nullify Buhari's fake 'victory' and declare Atiku the rightful winner. They would overreach themselves to do that, in order to restore sanity to the system. Amaechi enjoyed the same thing... That's what made him governor. So he knows.

fratermathy:
Just to correct some errors in your logic.

Not all cards are Visa cards. We have Mastercard, Verve, Amex, etc. So VBV is not applicable to all cards. In fact, not all Visa cards are on the VBV platform. Just as not all Mastercard are on MS platform. The card owner or issuing body has to request for that extra layer of security.

Secondly, not all online payment terminals request for PINs or phone authentication. Nigerian payment terminals mostly do because they have debit cards at mind when they are set up. However, international payment terminals that are made for credit cards do not always request for PINs or phone verification. Credit Cards are not meant for ATMs and therefore do not need PINs to work. In fact, apart from online transactions, credit cards are meant to be "swiped" in POS devices. When you use a debit card in a payment processor meant for credit cards, you won't be asked for a PIN. This is how internet fraudsters "card" sites or make fraudulent transactions using only the Card Number, CVV2 and Expiry Date of the card.

You know the game. But what this crook is saying is that by inserting the card into the so-called software he has, he can obtain the full details of the card owner (including his account balance), using the 'security code' of the card (which I suspect means the 3 digit cv.v at the back). The normal POS online/offline swiping levels wouldn't show you account balance, would it? So I guess the criminals here have another setup altogether.

periphetes:
Security code is the three digit number behind your Atm card. I personally scratch that code out of my card after writing it out in a safe place.

I've been doing that for over 10 years now sotay everytime I get a new card, the c.v.v erases itself (I don't know how) because it already knows its fate. Even the card numbers and name on the front soon clears out and become illegible. I already have the details saved somewhere impregnable in the cloud.

Another security measure is to insist on hardware token only, for all online transactions.

One of my favorite Naija musicians. He is grossly underrated.

Stanweezy:
Ôga ur drunkenness destroyed my State and not PDP

Don't mind the dirty drunkard. Perpetually sipping from a bottle of Hennessy X.O cognac, from morning till night, with his bloodshot eyes. How do you expect such a person to function normally?

sonofElElyon:
Money laundering means the monies were originally proceeds of crime.. EFCC has not stated or proved this to be so. This is just media trial. Eventually they will fail to get a conviction.

The way the EFCC uses and abuses the 'money laundering' accusation makes my skin crawl. I am extremely disgusted by these fools. How can you 'launder' what wasn't 'dirty' in the first place?

If the stupid agency sees any legitimate movement of cash or transfers, they are quick to arrest and shout money laundering, without doing the real investigative job of determining whether the money represents proceeds of crime or is intended for criminal use. The would arrest someone without any clue or evidence of crime and start asking him stupid questions in the name of "grilling", trying to see if they can use his 'confessions' to nail him. Is that what law enforcement is all about? I swear to God, if its me I will tell them to go to hell and would never answer any of their stupid questions until they take me to court.

It's just so sad how incompetent and utterly useless state institutions have become in Nigeria.

naijaguy1234:
Alhaji why na ? Thief is in your blood .
This is why that CBN governor should go, he knows about all this transactions.

Thief is in his blood because your father's money is missing ba? Any of your family member's money dey loss? Very stupid comment.

Ah, egba mi o. Ewo tu ni 'suck and die'? Abi e ri nkan.

This EFCC is very useless. They're just reeling out figures transferred from one account to the other. How is it money laundering when you cannot state the crime involved here? Was the money stolen from government coffers or from where? So a legitimate company or businessman cannot transfer their own funds again to anyone they like?

If there's only one 'example' of it (in haute automotive lingo), then it's obviously not a production car. Same category as the Sweptail. What's the most expensive production car in the world at this moment?

Ugosample:
I think otedola networth will be around £100m -£350m

the family house in London is worth £30m alone.
And the last I checked
he has not sold it

Lol. Can you post the address of the London House. We can easily check it up online to see the real value.

Otedola matter na the more you look, the less you see.

topaz321:
And your point is? This is just a meaningless post.

My post is not for unintelligent riff-raff like you. Don't quote me again.

The so-called 'friendship' between these two men who are financially light years apart is a testament to the marginal utility of money.

One is worth more than $10 billion. The other is really worth less than $100m (forget hype). And they both know. There's no financial or 'equality' basis for their friendship.

$10b minus $100m is $9.9b.

Now tell me what you think would happen to Dangote's wealth and status if he subtracts Otedola's entire net worth (x3) from his wealth and throws it all into the fire. Nothing.

Nothing would happen to Dangote. He would still be the richest man in Africa. But Otedola would be more broke than you and I if he replicates that. Think about that for a moment, and let it sink in.

Hungry fools. Let them tell Tinubu to eject his Igbo neighbours in Bourdillon... Including Leo-Stan Ekeh (Zinox) and Tony Ezenna (Orange Drugs) . Lol. One Elite.

But beyond that.

In spite of the harmless fun one pokes around on Nairaland, I know what obtains. The real life 'socio-cultural and economic overlap between' flat-head' Igbos and 'Afonjaistic' Yorubas does not leave room for any meaningful inter-ethnic crisis between these pillars of Southern Nigeria. If you know, you know.

Ipinle Oyo is for Seyi Makinde and the PDP. End of story.

Oluwa lo se yi!

This is heart-warming. That the homage is coming while the recipient is still alive to savour it.

Na so. All these Jankara "credentials" that are merely used to decorate profiles. How many of the Master's theses did he write by himself? Oshisco.

Federal might, not! But will of the people, MUST prevail. Udom Emmanuel would win by a landslide, and that pompous fool, Akpabio, would remain confined to oblivion.