awodman: When Elumelu retired from Standard Trust Bank,people whr like why the heck..but here he is proving sceptics wrong..breaking new grounds and chasing the likes of dangote...I wish him the best...

elampiro: Hmmm.... The biggest capitalist. UBA enslaved its workers for years and didn't pay well until this year. Many contract staff used as cheap labour while those at the top high filled their pockets through policies which favoured only them. Greed!
Idiot how many pipo has d government employed or u.
I can never envy such people. He also can never be my role model.

If proper investigation where to be carried out and the public notified, such people will not receive any public praise.

onye guy: Abeg make I ask oh. When Obama is planning for Nigeria tour?

okpara ugo: Thats my former CEO in UBA. So proud of you. If this guy is worth up to $2.5bn dollars in one project, why isnt he on Forbes list of Billionaires Intelligent guru!!!

elampiro: Hmmm.... The biggest capitalist. UBA enslaved its workers for years and didn't pay well until this year. Many contract staff used as cheap labour while those at the top high filled their pockets through policies which favoured only them. Greed!

I can never envy such people. He also can never be my role model.

If proper investigation where to be carried out and the public notified, such people will not receive any public praise.

chei:

You worked in a bank and you ask such a question?

okpara ugo:

Guy, there is no end to innovation. Innovate your career. You can be conttract staff today and CEO tomorrow. Most of UBA's Head of Banks back in the days were 3rd class degree holders.

I have learnt never to blame any man for my predicament except myself.

okpara ugo:

Why shouldnt i ? If someone has $10bn in Swiss account, it doesnt guarantee him a place in forbes list if he doesnt have an identifiable source of income.

okpara ugo: Thats my former CEO in UBA. So proud of you. If this guy is worth up to $2.5bn dollars in one project, why isnt he on Forbes list of Billionaires Intelligent guru!!!

chei: I heard he graduated with a 3rd class?

orgasticdance:
How exactly is he breaking new ground? By participating in photo-ops with celebrities who invariably have had more influence in the world than he can dream of? He was just another greedy resourceful banker, and a mighty big airhead only interested in the bottom line and not building a worldclass company such as GTB..next abeg

orgasticdance:
How exactly is he breaking new ground? By participating in photo-ops with celebrities who invariably have had more influence in the world than he can dream of? He was just another greedy resourceful banker, and a mighty big airhead only interested in the bottom line and not building a worldclass company such as GTB..next abeg

favinvest: If u read this post u will find 3 types of persons:-
(1) Those that complaining abt Tony these types cant b like Tony
(2) Those that against Tony action these types will always work for the types of Tony
(3) Those that are motivated by Tony these may likely b like Tony in the near future

favinvest: If u read this post u will find 3 types of persons:-
(1) Those that complaining abt Tony these types cant b like Tony
(2) Those that against Tony action these types will always work for the types of Tony
(3) Those that are motivated by Tony these may likely b like Tony in the near future

collinsobinna: @ everyone: the money is a credit facility funding. Even dangote doesn't have that much cash,his assets are part of his net worth.cash he has now is in the 300m region while he is worth 20bn

Heirs holding borrowed to fund these things.so stop arguing whether he has the money or not,bankers here know what i m talking bout.if the power investment backfires,he will be in debt thru heirs holding. 2.5bn is not 2.5m pls.

favinvest: @ elampiro

Am sorry if u still belong to those who still believe that u need money to make money. All u need is a well Packaged idea plus other peoples money plus God.

So u want to tell me that a peanut earning contract staff that has d cure to HIV-AIDs will not make it.
Men wake up and stop blaming others for ur struggles and failures to do d right thing ok.

I may be insulted in return because d average Nigerian hates d truth but likes blaming others for his failures.

collinsobinna: @ everyone: the money is a credit facility funding. Even dangote doesn't have that much cash,his assets are part of his net worth.cash he has now is in the 300m region while he is worth 20bn

Heirs holding borrowed to fund these things.so stop arguing whether he has the money or not,bankers here know what i m talking bout.if the power investment backfires,he will be in debt thru heirs holding. 2.5bn is not 2.5m pls.

elampiro:

You are not speaking like a banker or an accountant. You obviously cannot differentiate between asset and liability or capital. Write in clear professional terms to treat the topic well. Your post above is not informative for anyone to draw a line.

straneur:

Exactly..Imagine he said credit facility

collinsobinna: @ elampiro: sir. I am only trying to say that the fund isn't necessarily his. Any other meaning s null and void.

@straneur:sir, credit facility is a business loan and could be term loan or revolving ...e.t.c I was only trying to say same thing as above,that the money isn't his and I appreciate his ingenuity but that he didnt invest his personal fund.pls dnt misunderstand or criticize me.we are only exchanging ideas and I value ur contributions thus far.thank you

elampiro:

He is not totally wrong but he didn't explain it in a way to help readers understand what he was trying to say. The truth is that these people actually like loans. It is not a wrong thing to use loans to finance projects if done through best practice.