There was a time I made a transaction through my GTbank master card to order an item on Konga, the transa failed. I called Konga, they told me the money is with GTBank that I should go to the bank. I went to the bank and I was told to fill the report form which I did. K did not get refund back. I went to the bank two times. It was ₦5900 but that was 2012.

There are many that I have read online that people will voice out about how bank want to scam them. But if we can see many news like that, how many would have happened that these bank officials are stolen from people. It happens frequently. The one unread about 2 days ago but surfaced on the news 10 days ago shocked people. You can watch it here:

https://youtu.be/bMDO89sArdU?si=05hHenX9T1y-BLPl

The man noticed ₦55 million was lost from his account. He investigated and noticed that the money was stolen by bank officials. That pissed him off and wanted to terminate his fixed deposit of ₦500 million. He was told that the money has been withdrawn. He sued FirstBank.

I am surprised that someone can hold ₦500 million in fixed deposit but he is not a young person but an elderly man which we should expect something like that.


You can lose bitcoin also through scam or wallet hack, but they are very easy to avoid if you read about it. Naira that is depreciating in price.