KC031:
Nawa ooo... living and staying legit in this country as a young guy is really challenging.

Cyberblue:
Now I think we are finished in this country. I guess it’s high time I give up on life. This country as killed me already. I give up.

SimplyFacts:
I'm very poor at investment/business. I don't even understand why govt & people are wailing over this news.

See my life,,,,

afroxyz:


American companies invest in asian stocks. Is it charcoal they are using to buy the shares?

McLizbae:

FarahAideed:


And you assume I am of the same social class with U? . .. Robinhood is the one that receives the dividend and pro rates it to re allot it ...the stock exchange don't know you they know Robinhood ...at any time robinhood could clean you out ....well I can't keep arguing with a typical Nigerian sheep , afterall people like you fund my life everyday and I am thankful .. without people like some of us will not eat

FarahAideed:


And you assume I am of the same social class with U? . .. Robinhood is the one that receives the dividend and pro rates it to re allot it ...the stock exchange don't know you they know Robinhood ...at any time robinhood could clean you out ....well I can't keep arguing with a typical Nigerian sheep , afterall people like you fund my life everyday and I am thankful .. without people like some of us will not eat

SimplyFacts:


2031? Lol,,,, dem for kuku tell you not to visit NL again.

Elsueno:


Oga high IQ, sometimes it's a good idea to research before u argue with veterans....just look at dat statement "Robinhood could clean u out" .

Bros, whole Robinhood woh?

And those finetech in Nigeria are not being investigated for fraud, but lack of forex license( says CBN). The $$ does not even go thier account but to drive wealth in the U.S. The finetech just offers platform for easy transactions

KC031:
Nawa ooo... living and staying legit in this country as a young guy is really challenging.

DeLaRue:


Being a start up doesn't entitle you to break the law.

A start up that engages in unlawful activities will end up.

tivhador:


Innocent until proven guilty!

motymop:


The guy is correct, robinhood could clean you out.

Their shares are more expensive, they buy the shares in their name not your name and receive tge dividend in their name which then then share a little part to you.

The fintech are being investigated for fraud, deception , economic sabotage and using fx to buy cryptocurrencies through buycoin.

Infact, the license they got is different from what they are doing.

Frezhkid10:
..we’ll there are no evidences that this platforms purchase their FX from the banks..rather they depend on bureau we change and all other means of purchasing forex which the CBN do not have any control over..

Sysdatek:


Na why I no fit use any finance startup in naija
You will wake up and your funds are frozen

Thank God for crypto yield farming and staking . Nothing concern me with naija

Na so dem spoil biz for some crypto startups

Elsueno:


U don't use any of those apps, do you?

Cause Robinhood does not operate in Nigeria but America & has no Nigerian customers.

Price of US stocks are the same across all these apps in whatever country, including Nigeria.

The only thing Nigerian apps have is commission free which is less than 1%. I really don't where different prices come from.

I also trade Nigerian stocks & get charge commission for each stock I buy.

Trove, chaka, bamboo are partners with drive wealth, if they pack, u can get ur money from drive wealth.

Now don't know about crypto but...With soon many trusted crypto exchanges like Binance etc...these guys will go to buycoin.. really bro?

motymop:


They have been proven guilty with lot of evidences that is why their account has been frozen

Foreigna2:


It was frozen pending investigation, they are not on trial. The court pronouncement is a court order, not judgment. You are wrong.

motymop:


An investigation was done on them before their accounts were frozen.

Buzx:


Where do you do your yield farming?

Foreigna2:


Did you read this part?

... The apex bank said it is investigating ‘illegal foreign exchange transactions’ by the fintech companies.

It also sought the court injunction to freeze their bank accounts for 180 days pending the completion of investigations...

weblord1900:
Thank you binance and trustwallet.. God bless you CZ

Prepare to be unbanked.

The future is here whether FG likes it or not.

Sysdatek:

ivolt:

Think independently for once.
American companies are not breaking SEC rules of investment, if they do, they get hefty fines.
Besides, the trade are done in dollars which is not scarce for Americans.

Nigeria has SEC rules banning certain FX transactions without license and within certain limits.
Sentiments or ignorance cannot protect a company that breaks financial rules.

FarahAideed:


And you assume I am of the same social class with U? . .. Robinhood is the one that receives the dividend and pro rates it to re allot it ...the stock exchange don't know you they know Robinhood ...at any time robinhood could clean you out ....well I can't keep arguing with a typical Nigerian sheep , afterall people like you fund my life everyday and I am thankful .. without people like some of us will not eat