But Tinubu and INEC are free to threaten the credibility of Nigeria elections

I really like this thing that happened in napales tonight

Napoli without osimhen is really a townhall different

See why the The scammers often strike on weekends, when banks are closed and can't help their customers.
By The Conversation

Many undergraduates in Nigerian universities dabble in internet fraud. Nicknamed "yahoo-yahoo" after the international web portal and search engine, this perfidy has become a way of life for the young con-artists. Many of these fraudsters – dubbed "yahoo-boys" – have become filthy rich.

On June 5 2012, a Federal High Court in Kaduna State sentenced Imonina Kingsley, of the University of Ilorin, to 20 years' imprisonment. He defrauded an Australian of $1,000 by presenting himself as a gay person from the Republic of Benin. He was charged for impersonation, possession of fraudulent documents and attempting to obtain money by false pretences.

These cases attest to the pervasive nature of internet fraud in Nigerian universities. My own research was conducted at Nigeria's premier University of Ibadan. My aim was to determine how this subculture is organized among students in tertiary institutions. For this I spoke to a number of these "yahoo-boys."

Areas of specialization

Internet fraud is organized along areas of specialization to make a success of the deviant behavior. Fraudsters study the security network of online transactions to decide where to pitch their tents. Quick monetary reward is what "yahoo-boys" have in mind. They use different schemes.

Sending fraudulent messages to online dating websites and social network sites were reported to be low-risk – but high-profit – areas of specialization.

A third-year student said to me:

I started online fraud in my second semester of 100 level [a session comprised of two academic semesters in Nigerian universities] as an impostor via online dating. Then I looked for the profile of people that live in developed countries. But if it is in Nigeria, I look for people who live in places like Port Harcourt, Abuja [luxury suburbs].

I always posed to them as a big man who needed a wife. Sometimes I posed to them on how my wife disappointed me and took away my property and children. All this is polished in a pitiable way with some pictures to convince them when I'm chatting with them. However, what I do mainly now is to transmit misleading information online for people to send their bank accounts [details].

Another scam that is popular with the "yahoo boys" is phishing, a technique used to acquire sensitive information such as usernames, passwords and credit card details.

Third, the "yahoo boys" are also big on ATM fraud. They may stand at ATM galleries to feign assistance to vulnerable users – illiterates, the old and the physically challenged – and later swap cards to defraud them.

The fraudsters carry out their attacks mostly on weekends and mostly outside the state where the account is domiciled. Banks are mostly non-functional on weekends. This means victims will be unable to ask their banks to stop illegal transactions on their accounts until Monday morning, when the banks open for business, even though they receive debit alerts over the weekend.

Informal networks and the insider factor

Informal networks are vital to the young scammers' success. These networks revolve around banks, security agencies, co-fraudsters and, sometimes, families.

The common means of collecting fraud money in Nigeria is through the banks, mostly through the Western Union money transfer. Through compromised banking staff, fraudsters use fake identity to access funds. This is because the fraudster would have used a foreign name and would not have a recognized identity card in that name. For successful execution of fraud, an insider within the bank is important: the banker facilitates payment without attracting the attention of security agencies. They also get their share of the loot.

The instability in the Nigerian banking sector may have created an uncommitted workforce. Working in an insecure establishment makes workers vulnerable. More than 2,000 bankers have lost their jobs due to economic recession in the country. A large numbers of casual workers are deployed to man key positions in the banks. This makes way for criminal opportunities.

Therefore the "yahoo-boys" find easy allies in banking staff, who are mostly youths too, because of their socioeconomic nightmare. The fear of unemployment has been identified as a push factor for undergraduates' involvement in internet fraud.

A fifth-year student stated that the fear of the unknown may have attracted a number of students to "yahoo-yahoo" rather than waiting for after-school unemployment. They see internet fraud as a creative outlet in a country like Nigeria.

Hitherto, internet fraud was carried out at public cafés. However, with regular raids on these internet cafés and the arrest of suspected fraudsters by the police, the "yahoo boys" have simply moved their bases.

Plus, the proliferation of internet service providers in Nigeria has made it even easier for scammers to commit internet fraud. It is now as simple as buying modems and surfing the internet within the confines of their privately rented apartments on campus The "yahoo boys" stay in physical communes of like-minded individuals and use this network to launch internet attacks.

They share information on a particular target and find new ways of making prospective targets yield to their deceit. They are able to get help, share internet costs and jointly pay for fuel for generators, which are used to power their computers. They come to school during the day, and go to social clubs in the evenings and to celebrate their successes.

It is no surprise that there is a proliferation of "yahoo boy.s" The celebration of wealth, particularly among politicians, serves to motivate the involvement of the youths in cyber-crime. Nigerian society celebrates wealth without questioning the source of the money.

So what do these young, undergraduate Nigerians do under these circumstances? They see a leadership that doesn't care about their future. And they use their education to follow the example set by their elders that shows crime pays.
https://www.snews.com/news/best-countries/articles/2016-07-28/meet-the-yahoo-boys-nigerias-undergraduate-conmen

Throwback when Victor Osimhen went to Juve dressing room to ask for Cristiano Ronaldo jersey.

Heroicvic:
And to all etchnic bigot

Shame on you all both igbo and Yoruba
Those fighting here are among the 98% that don't have up to 500k in their account according to cbn

true talk

Chai...... See as IPOB and simon ekpa(Auto pilot) just dey use FG dey play okoso ...
I understand the game,very well

The Rubber stamp Nigeria House of Representatives, on Tuesday, approved the request by the Federal Government to borrow a reduced amount of $973,474,971.38 from China Development Bank.

This followed the decision by the China-Exim Bank to reject Nigeria’s initial $22,798,446,773 loan request earlier approved by the National Assembly.

The Chairman of the House Committee on Rules and Business, Abubakar Fulata, moved a motion for the legislative chamber to amend its resolution granting approval for the failed loan deal.

The motion was titled ‘Rescission of the 2016–2018 Federal Government External Borrowing (Rolling) Plan.’

Moving the motion, Fulata said, “The House notes that the 2016–2018 Federal Government External Borrowing (Rolling) Plan was approved by the Senate and the House of Representatives on March 5, 2020, and June 2, 2020, respectively.

“The House recalls that the National Assembly approved the sum of $22,798,446,773 only under the 2016–2018 Medium Term External Borrowing (Rolling) plan. The House is aware of the communications from the Federal Ministry of Finance requesting approval of modifications to the financing proposal for the Nigerian Railway Modernisation Project (Kaduna–Kano segment) occasioned by the COVID–19 pandemic, whereof China Exim Bank withdrew its support to finance the project.”

He added, “The House is also aware that to secure funds for the project, the contractor (CCECC Nigeria Limited), in collaboration with the Federal Ministry of Transportation, engaged China Development Bank as the new financier in the sum of $973,474,971.38 only.”

Fulata, therefore, prayed the House to “rescind its decision on the financier and harmonised terms and approve the change of financier from China Exim Bank to China Development Bank.”

The lawmakers unanimously granted the prayer.

https://punchng.com/fg-22bn-loan-request-rejected-by-chinese-bank-reps/

Buhari said this in a statement by his Special Adviser on Media and Publicity, Femi Adesina, titled, ‘President Buhari hails President-Elect, Asiwaju Bola Ahmed Tinubu at 71.’

“President Buhari believes Asiwaju’s, friendliness and generosity has set the pace for a network of friends, home and abroad, that will shape his presidency with requisite expertise to guide the economy, and consolidate on the investments of past leaders, particularly in people-first development and infrastructure.

“As the President-elect prepares to take over mantle of leadership at 71, the President affirms that his political QUALITIES from the 90s such as active role in party politics, being elected Senator and later Governor of Lagos State, and diligent involvement in structure of leadership at the executive and legislative levels for many years, will serve as asset for good governance aimed at alleviating hunger and poverty ,” the statement read in part.

https://punchng.com/tinubus-friendliness-generosity-will-benefit-nigeria-buhari/

osimhen is built for england no doubt, but me thinks he should go to bayern munich.. play one year there, then move to england... \

but napoli winning the CL will change a lot of things.....

TOPCRUISE:
P square are getting broke o. Victor Osimhen should thread carefully o

batist spotted

i feel for us... i mean we yorubas

the way batists dodged this thread

nigeria tops the group with 9 pouints
followed by guine

who determines our president, is it INEC OR the CONSTITUTION
https://twitter.com/democracy_watch/status/1640009267909386240?s=20

Kids these days won't understand how this substitution could end a game instantly.

John Obi Mikel, the human full time whistle.

.. Italians no go kill me

hatakekakashi:
Currently in the whole of EPL, the only team I'll pick ahead of Napoli is City, I don't know why Osihmen is rushing to move. If he's not moving to Bayern or City, then the move is a downgrade. I just wish for Napoli good form not to
end.

pls someone close to victor should tell him to pick his options carefully.... he is carrying the hope of over 200 millions Nigerians both home and abroad... honestly i don't mind he remains at Napales at least for one more season or 250 million pounds no more no less.. iheanacho should have left leicester city to continue his development elsewhere the moment he realised he wasnt in brendan r plans

for Man united and chelsea fans in the house, i need to get your opinion on this......


someone said that Osimhen is the much smarter buy for man united in terms of age profile but in terms of playing profile Kane is much more what United needs as they're currently constructed.

He also said that Osimhen is a super low touch player (striker) who is mainly a box striker, and that even Haaland is involved in play for City more than Osimhen for Napoli.

He said that osi is the kind of player who simply won't touch the ball all game and then head in a goal. He is in the 4th percentile in passes attempted per game despite playing in the most possession-heavy side in Serie A. .

So analysts in the house,what are your thoughts

Victor Osimhen will likely win the Ballon d’Or if his club lifts the UEFA Champions League trophy this season.

i must confess that osimhen is a better all round player than haaland... haaland goals nah mostly tap ins that even my granny can score

victor no celebrate him first goal

Marjoribanks:
Oshimen should have been allowed to take that penalty! Wtf!

i am not getting why they arent allowing him to take pens

the super eagles thread without the suprnerd is like white rice without stew

access bank...mtn...very uselesss... their ussd isnt going at allllll