Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,339 members, 7,819,200 topics. Date: Monday, 06 May 2024 at 12:37 PM

Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank (24756 Views)

First Bank Suspends International Transactions On Naira Cards From September 30 / World Bank Suspends Isah Kantigi And His Firm For Bribery / Zenith Bank Suspends International ATM Withdrawals/POS Payments (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Cantonese: 1:53pm On Mar 05
Getting messier!

Round tripping and arbitrage very likely the cause.

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Theunbothered: 1:53pm On Mar 05
Will the Nigerian government ban Ghanaians now?

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by PARADIZEPRIEST: 1:54pm On Mar 05
SOME NAIJA BANKERS ARE MONSTERS FROM HEAD TO TOE,THEY ARE PPL WITH Dead conscience like politrickcians do. angryGOD CONTINUE TO PUNISH THOSE ROUGUE BANKERS IFSHA angry
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Menclothing: 1:57pm On Mar 05
The way they play game on Nigeria economy for personal gain

Only Nigeria bank CEO live extravagant other countries they are still
Salary earners

2 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by valentineuwakwe(m): 1:57pm On Mar 05
Nigerian banks don carry there wayo wayo forex things enter Ghana, tomorow na they will blame Tinubu....i dnt know why some Nigerians are full of evil intent!

3 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by COMPAQ(m): 1:59pm On Mar 05
Mateco556:


https://saharareporters.com/2024/03/05/ghanas-central-bank-suspends-forex-licences-gt-bank-first-bank-over-alleged-fraudulent

Nigerian banks have carried their bad behaviour to other countries. Same way Nigerian citizens do! Just proves that the problem is with us Nigerians.
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by LAW2577: 2:01pm On Mar 05
you never ready to sell am
Xwizard:
Ban GHANA Join


Used EOD available for sale

Asking price 2.1m last
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by sylve11: 2:04pm On Mar 05
FreeStuffsNG:

EFCC is already on their matter wink

EFCC is too slow to act. They should hammer them sturdily with all swiftness. angry cool

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Goodnewsforlife: 2:06pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra

No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.

Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k
pray for one dollar to b 10000, we dey here together

Even if u make your money in dollars don’t forget they are now looting n robbing people

Keep praying for evil cos the person u voted lost out

4 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by optimusprime2(m): 2:16pm On Mar 05
It's very simple...

CBN's internally imposed Naira equivalent of FOREX does not correspond to the value externally, hence these banks need to twist figures in order to function.

But Las Las fowl nyaṣh don open...

First it was the international airlines, now other neighbouring countries... in a shortwhile CBN will realize that the international world are not BDC'S

By the time external factors pin Nigeria's currency value operations, the Naira will experience a drastic devaluation.
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by mrdharkchild(m): 2:19pm On Mar 05
The accusation reads 'fraudulent', how can you convince your customers their businesses are safe.
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by cescky(m): 2:27pm On Mar 05
mannobi:
Ghaina with their unending jealousy and beef for Nigeria 🇳🇬

if your ancestors thought this way, we will excuse them for their ignorance, as there werent enlignteneted.....

but see you, with all the information you have this is your thinking...no wonder you have thieves and terrosits rulling nig, you useless lot are the same
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by AuwalYusuf812(m): 2:30pm On Mar 05
Ghana again. Soon Ghana will overtake zoo country. Thiefinbu will be🤣🤣🤣
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by lekan62: 2:31pm On Mar 05
Naija bank and corruption

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Haaland21: 2:32pm On Mar 05
LeeMason:
Nigeria is cursed.

You own Nigeria is cursed.....Mine is blessed.

May you enjoy whatever u wish for Nigeria.

Amen

5 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by godofuck231: 2:36pm On Mar 05
Ghana don de understand igbo man documentations, lol
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by AareGaa: 2:37pm On Mar 05
PointZerom:
wink

After they'll say na Igbos dey give Nigeria bad name.

That ibos' own no be here oooo.

If you have been to Ghana and South Africa, you won't doubt it.
They have introduced kidnapping for ransom in Ghana. They peddle drugs on the streets of Ghana and South Africa. Those guys are strange species.
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Raylight2(m): 2:37pm On Mar 05
Does FBN also stands for First Bank of Nigeria in Ghana?
So we have First Bank of Nigeria, Ghana. Is that what it is?

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Jayhome24: 2:37pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra

No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.

Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k

Continue your cry no go find job do dey wait for dear to N100 you hear?.

A proverb says "A lazy man always have excuses for his dailure". If not electricity, it will be bad road, if not bad road it will dollar if not Dollar it must be something else and on and on..............


When in 2020 it was 395 for a dollar show us your 2020 achievement

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by arsenal33: 2:39pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra

No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.

Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k
If they go after banks you will condemn them again
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by inoki247: 2:57pm On Mar 05
Raylight2:
Does FBN also stands for First Bank of Nigeria in Ghana?
So we have First Bank of Nigeria, Ghana. Is that what it is?


Yea na First bank of Nigeria u go see dere AV used dere branch severally over derr....
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Raylight2(m): 3:02pm On Mar 05
inoki247:



Yea na First bank of Nigeria u go see dere AV used dere branch severally over derr....
oh really! Thanks for this
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by anonimi: 3:09pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra

No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.

Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k

You have spoken well Oga.
Was it not even N200 to the dollar in 2015 when minimum wage was N18,000 under the cluelessly incompetent Jonathan and his PDP corrupt rogues before we accepted ThiefNuibu's change to Buhari and APC
Who will save us from these destructive band of looters in APC?

2 Likes 2 Shares

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by jogojogo: 3:09pm On Mar 05
DropsMic:
They are learning from their Big Brother
You are too obsessed about Tinubu who doesn't give a Bleep about whether you exist or not
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by janvier27(m): 3:21pm On Mar 05
The baba of them has mastered how not to be caught or how not to be mentioned
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by wirinet(m): 3:21pm On Mar 05
spiSeyi:
A serious country that is intentional about its economic stability, the CBN here in Nigeria is busy chasing rats (crypto exchanges and BDC) while the house is burning.
If CBN is serious and mean to stabilize the Naira most bank MDs will be in jail as we speak. What's the esense of pumping FX to banks that common Nigerians can buy USD in the Nigerian banking hall undecided . CBN should stop selling USD to banks and regulate the BDC so that they can take full charge of selling & buying the USD
Don't mind the CBN. Binance is still very active in Ghana that is now sanctioning banks for round tripping, unlike Nigeria thar left the banks but started chasing Binance and BDCs.
CBN would sell millions of dollars to Nigerian banks at official rates so they could sell to ordinary Nigerians, but the banks refused to sell to ordinary Nigerians, instead they sell to BDCs and mallams at black market rates. Then ordinary Nigerians go to BDCs and mallam to obtain dollars at exorbitant rates. If CBN was proactive, they should have bypassed the banks by creating their own exchange where they allow ordinary Nigerians to bid for dollars or even USDT, or collaborate with binance to sell dollars or USDT to ordinary Nigerians. Binance had been a life saver for Nigerians that needed dollars fast without the hassle and pains of Nigerian banks.

3 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by lexy2014: 3:24pm On Mar 05
jasent:
The nonsense they've been doing in Nigeria for years,they want to do same in Ghana

exactly
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Boldideas: 3:24pm On Mar 05
Mateco556:


https://saharareporters.com/2024/03/05/ghanas-central-bank-suspends-forex-licences-gt-bank-first-bank-over-alleged-fraudulent

Our CBN governor is there speaking nonsense elementary English. Is this not what he was supposed to do?

Take a good look at Nigeria and tell me darkness is not at work. We are giving Niger republic power while there are places that have not seen power in weeks If not months.. That is why they die a sudden death. Bunch of heartless wicked mur'_fuckers...
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by lexy2014: 3:27pm On Mar 05
Jayhome24:


Continue your cry no go find job do dey wait for dear to N100 you hear?.

A proverb says "A lazy man always have excuses for his dailure". If not electricity, it will be bad road, if not bad road it will dollar if not Dollar it must be something else and on and on..............


When in 2020 it was 395 for a dollar show us your 2020 achievement

so dollar was 395 in 2020? what happened that it is now 1500 in the space of just 10months?

1 Like

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Krankhead: 3:36pm On Mar 05
Sofistcatdmoron:
Since agbado people entered sit everything is going upside down
You go.wail tired. Go and look for work and stop.your ranting. BAT will.complete his 8 years
Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by Bluntemperor: 3:48pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra
No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.
Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k

How do you reason and think of evil for your Country,at all times!
For your information,Binance Operations is gone for good, having admitted their guilt!
Besides, their Operations are gone in USA and heavy penalties on part of Europe where they are highly restricted!
Let me ask you, what has been the Economic Contributions to Nigeria in some of these manipulative Schemes?
To some of these funny organisations,- how can you be fixing Rates above the CBN Rates in any Country?.
That is Criminals

2 Likes

Re: Ghana’s Central Bank Suspends FX Licenses Of GT Bank And First Bank by ivandrag0n: 4:13pm On Mar 05
Ajoray:
And FGN is busy chasing Binance around. I feel the naira crash to 2k then now to 1500 is in some way beneficial to our corrupt politicians if not it wouldn't be the way it is.
I wish the best for naija, but I know we will still watch naira go back to 2k even after all this Binance gra gra

No go sell your dollars oh, thinking it will crash down to below 1k naira to a dollar. Na naija we dey.

Apc expect us to be clapping for them because the thing is at 1500 now from 2k, as if we have forgotten it was 395 in 2020 and even before tinupoo entered less than 1k


CHILD OF SATAN, rest, before you die of high blood pressure and go to to satan your father quicker than planned!

(1) (2) (3) (Reply)

CBN Fines Zenith, UBA, Gtbank, Sterling N3.2bn / Tony Elumelu’s Wife Delivers Two Boys / Why Does Bank ATM Swallow Cards?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 62
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.