TSA Freezes Interbank Market, Bank Transactions FROZEN!! - Business (2)

TSA Freezes Interbank Market, Bank Transactions FROZEN!! - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › TSA Freezes Interbank Market, Bank Transactions FROZEN!! (26854 Views)

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by 4ubootyman: 7:43pm On Sep 15, 2015

The illiterates crying here are amazing. How does this affect the banks? U need to ask that question first. The banks are being averse to risk, so they all want to know how much need for cash they have. Do u expect them to plunge into interbank and start making demands for monies they don't need.

The directive is here and is being implemented.

So u thot u all said the TSA was jona dafts idea. Now everybody don dey ascribe am to baba. Illiterates.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by 4ubootyman: 7:46pm On Sep 15, 2015

Hahahahaha....the same month some pple used to say the TSA was jonathan's idea is the same mouth they r using to say baba wan spoil nigeria. I thot it was jonathan idea naw....idiots

Una never know nothing TSA is here to stay

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by efilefun(m): 7:46pm On Sep 15, 2015

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by PublicAssurance: 7:46pm On Sep 15, 2015

[size=18pt]Buhari is a President of Doom and Gloom!!!!!......Nigerians have no idea what is ahead...........Sai Buhari[/size]

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by philips70(m): 7:47pm On Sep 15, 2015

Finally we have a president with balls, political and personal will to drive reforms that will benefit the masses in the long run. Ignoramuses are crying on reading this but this is the way to go. The rich cannot continue to get rich at the expense of the poor masses. The banks will now be serious to conduct the business it was meant to conduct. The thieves use FG money with low interests to give loans to poor people to as high as 25% and at the end of every financial year declare profits after tax running into billions.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by 9ijaprince(m): 7:51pm On Sep 15, 2015

Pls am kind of confused here, can someone please explain to me the merits and demerits of this single bank account policy.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by ZACHIE: 7:51pm On Sep 15, 2015

Didn't they say TSA was the brain child of GEJ?
Why are they hurting now that Buhari has implemented GEJs laudable agenda?

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by akeenalee(m): 7:58pm On Sep 15, 2015

judiciarypalava:
Its a pity that Buhari's understanding of how economy runs is zero, and does not have the basic micro economic ideal of economics.

Please we need your father to come and run the country. You dont even have any level of reasoning and have you asked yourself what the advantage of a single treasury account? If not do before comenting on what you dont know so you can gro been expose and educated okay.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by appini: 7:59pm On Sep 15, 2015

This is the change!!!

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by WOCKHARDI(m): 8:01pm On Sep 15, 2015

Which way Nigeria! It's no longer funny no matter what Buhari supporters will claim.

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by appini: 8:03pm On Sep 15, 2015

GabrielSuswam:
Thank You Buhari for Implementing TSA....

We are Tired Of Reading Public Sector Accounting in Schools Only, We are now seeing it Working in Nigeria. No Management Graduate will oppose This..

Tho I understand those above me opposing this TSA system are secondary school leavers still seeking for Admission in Tetiary Institutions....

P.s .....Don't Quote me

Tertiary you mean..? Professor

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by tsdarkside(m): 8:06pm On Sep 15, 2015

judiciarypalava:
Its a pity that Buhari's understanding of how economy runs is zero, and does not have the basic micro economic ideal of economics.

understandable.....he is a warrior,no a economist......

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by Ama80(f): 8:13pm On Sep 15, 2015

Whn d foundation is wrong,wat can d righteous do?lets pray for our dear contry.im so clueless abt ds govt's policies n evryone seems to be under a spell.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by Phorlorunso: 8:16pm On Sep 15, 2015

judiciarypalava:
Its a pity that Buhari's understanding of how economy runs is zero, and does not have the basic micro economic ideal of economics.

Pls guy dont make a mockery of economics..if u think the issue of TSA, and money market is a microeconomic issue then clearly u av no clue about what economics is..

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by samento: 8:19pm On Sep 15, 2015

judiciarypalava:
Its a pity that Buhari's understanding of how economy runs is zero, and does not have the basic micro economic ideal of economics.

Tell us what you know about micro and macro economics in relative to the "TSA" in quote. If you don't know just read and understand what the whole thing is all about. And stop transferring aggression here.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by valuedammy(m): 8:21pm On Sep 15, 2015

bettercreature:
Sharap! 16years of fraud,Let them freeze everything,if there is no war there will not be peace,let our economy suffer for now,it will only make us stronger

God bless u for replying that fool.

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by bellras(m): 8:21pm On Sep 15, 2015

atlwireles:
No need for tears, Nigerians will live and learn. It takes 5 mins to destroy the efforts of 16 years, we shall all stay here and savage it together. One fact is clear, the sai chanters will suffer the most.

Absolute nonsense!! I hope. You are ready to port to Cameroon when Nigeria is great again? BEWARE!!

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by Phorlorunso: 8:21pm On Sep 15, 2015

Frankly am surprised with what am reading on this thread..most of u commenting dont even know what TSA means and what are its advantages and yet u are writing all sort of things..chap..nawa o

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by atlwireles: 8:23pm On Sep 15, 2015

[s]

bellras:
Absolute nonsense!! I hope. You are ready to port to Cameroon when Nigeria is great again? BEWARE!!

[/s]

Look at the sai chanter undecided

do you even know the meaning of great?

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by Neduzze5(m): 8:25pm On Sep 15, 2015

efilefun:
So this is too much for you to comprehend Nigerian banks made no bids on the interbank money market on Tuesday as they awaited instructions on how to comply with a directive to transfer government revenues into a single account with the central bank, dealers said.

Moreover implementing a law that's been in the constitution since 1999 means he's destroying the economy right You are a grade A Dullard

You are making noise!

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by cmecproblem(m): 8:27pm On Sep 15, 2015

i noticed i couldnt do inter bank transfers, i wonder if this is the reason

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by bigtt76(f): 8:29pm On Sep 15, 2015

What happened to all that profit they were announcing left and right? They should use that to trade naaa since they won't give anybody loan tongue

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by bayulll01(m): 8:36pm On Sep 15, 2015

judiciarypalava:
Its a pity that Buhari's understanding of how economy runs is zero, and does not have the basic micro economic ideal of economics.

Is just so pathetic and silly that most of you don't know the importance of bank or banking in economy,most of the bank we have in nigeria has lost their relevance when banking is concern,no creativity,no idea and no development,all they do is bank on government money and use it for trade,they even loan some of this goverment agency the same money goverment paid into their bank,go to a sane society,bank is responsible for nation developmen,they are involved in mortgage,agriculture,mining and explorations,it is only in nigeria bank trade with goverment money and add nothing to the economy,that is why unemployment will persist,corruption and poverty will thrive in economy of ours,the best decision we ve made so far as a nation is to vote a man who is ready to take the bull by the horn,its no more business as usual to all the executives,ceo and directors because there is a new sheriff in town

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by bayulll01(m): 8:38pm On Sep 15, 2015

Neduzze5:
You are making noise!

Lies I did an international transactions today,don't just rush and spew rubbish

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Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by hustler86(m): 8:42pm On Sep 15, 2015

idolda:
Daura president making Nigeria's economy to stand still again.

I pity ur condition of stupidity, as old as you are. Ehyaaa

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by Nobody: 8:49pm On Sep 15, 2015

When the Banks increase interest rates and force all business people that took loans to return FG's money, then we will know better.
For now let's just enjoy the 'smelly body odour' from their president

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by baralatie(m): 8:52pm On Sep 15, 2015

cmecproblem:
i noticed i couldnt do inter bank transfers, i wonder if this is the reason

yes!

Re: TSA Freezes Interbank Market, Bank Transactions FROZEN!! by sunnymaja(m): 8:54pm On Sep 15, 2015

I hope sentiment will not kill the wailers. The idea of TSA was given to Jonathan but he didn't really understand it and told them of implementation when reelected. So, why are you blaming the man that is ready to block corruption loopholes? May the Lord have mercy on you.

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