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Nairaland Forum / Nairaland / General / Properties / Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers (15411 Views)
N649bn Bad Loans: Banks To Sell Over 1,000 Debtors’ Properties / Economic Downturn: Vacancies In Lekki, VI, Ikoyi Properties Rise 72% In 18 Month / Loans: Banks Put Up Chronic Debtors’ Property For Sale (2) (3) (4)
Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Adesiji77: 4:44pm On Aug 28, 2015 |
In what seems a desperate determination to recover their money from loan defaulters, some commercial banks in Nigeria have put up for sale, a number of houses, hotels, petrol stations, schools and other property used as collateral for the loans.http://businessdayonline.com/2015/08/economic-slowdown-deepens-banks-woes-as-debtors-property-cant-find-buyers/ lalasticlala |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:45pm On Aug 28, 2015 |
TIME TO START WITHDRAWING ALL CASH FROM MY BANKS.... CAN'T TRUST THEM... SAVANNAH MADE US LEARN THE HARD WAY.. 15 Likes 2 Shares |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:45pm On Aug 28, 2015 |
blame it on buharis administration 27 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by ladyF(f): 4:46pm On Aug 28, 2015 |
Chai....hard times are really here Its [size=20pt]LadyF[/size] again |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by dunsman(f): 4:48pm On Aug 28, 2015 |
Hmmmm.... Wat do you expect to happen wen a/an bogot, illiterate, dull, no clear thinking man takes d wheel of control. All we hear is I will, buhari to, body language, probe!! Govt of photos and cameras!! No economic policy, no power policy, youth empowerment nbam, infrastructure development nop.. Even d core reson pple voted for I'm boko haram still dae terrorize.. All wat naija dae experience in terms of benefits are just transformation of Jonathan, but we are experience change in terms of appointments.. Let's bet it, a time will come wen buhari will ask jambites to write Integrity test!! Meanwhile, buhari is a nymphomaniac--- el rufai 26 Likes 3 Shares
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Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by DickDastardly(m): 4:52pm On Aug 28, 2015 |
while the masai warrior in aso rock keeps hiring his tribes men. more to come 31 Likes 4 Shares |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by otabuko(m): 4:53pm On Aug 28, 2015 |
Na so them go dey borrow the answer billionaire.... Lmao..... At least I dey feed well, subscribe,.... Manage the one wey i get..... Gracias! Meanwhile na for Kom Kom I go dey put my money for now! 1 Like |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:53pm On Aug 28, 2015 |
How will their debtors' (politicians') property find buyers when 70% of the country is living on less than $1 per day? They loot money belonging to the nation and starve the masses, oya let their children start buying property from them... Since they didnt allow wealth to circulate abi... 18 Likes 2 Shares |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by donholy28(m): 4:53pm On Aug 28, 2015 |
Buhari is involved 3 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by LOL247(f): 4:53pm On Aug 28, 2015 |
vv |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by YerYer: 4:53pm On Aug 28, 2015 |
I smell a recession. 8 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:53pm On Aug 28, 2015 |
NO POLITICIAN WILL BUY PROPERTIES NOW BECAUSE IT IS NO LONGER AS USUAL, THEY ARE EVEN SELLING THE AVAILABLE ONES OFF SO THAT UNCLE BUHARI WILL NOT CATCH THEM WITH HIS DOGS.. 6 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:53pm On Aug 28, 2015 |
h |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Ephemmm: 4:53pm On Aug 28, 2015 |
Things will get worse before it will get better. God bless Nigeria, my beloved country. 2 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by kennyman2000(m): 4:53pm On Aug 28, 2015 |
This one na gbege ooo.. Someone should ask them if swap is allowed.. If its allowed, make i swap one of the properties with this my papa useless boys quarter and add small change on top.. Na Godwin be that ooo.. 3 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:54pm On Aug 28, 2015 |
Oil dependent economies are unstable economies. Nigeria must get off oil. Modified.... What is happening is as a result of a fall in oil money influx into the country. That....and tightening of the forex supply to buffer the naira...as well as an expectation of austerity (really....we have ho choice)...means no money.....and thus..no kudi to keep up the houses. For Nigeria's economy to be stable...we must diversify. Not just talk about it...do it. 1 Like 1 Share |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by ylaa(f): 4:54pm On Aug 28, 2015 |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by eluquenson(m): 4:54pm On Aug 28, 2015 |
Bad time |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by mrLhanray(m): 4:54pm On Aug 28, 2015 |
Trouble looms. |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by braine(m): 4:55pm On Aug 28, 2015 |
Bad market. |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:55pm On Aug 28, 2015 |
Freemanan: Savannah's collapse was pre Soludo. Won't happen now...thanks to tighter regulations. |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:55pm On Aug 28, 2015 |
I am interested in buying, if they have a twin duplex structure or a two storey building located at lekki, then I am willing to pay 2million naira, if any at maitama, then I wil make it 3million instanta! After all a politician once bought a govt suv, one of its latest models for less than 200k in dis same country......so @ banks, if alarm catch una too much, make una lemme knw cos I wil buy as many properties as my 10million can go, after all politician properties na stil govt property. 11 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by DickDastardly(m): 4:55pm On Aug 28, 2015 |
bushdoc9919:tell that to your idol 4 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Demmzy15(m): 4:56pm On Aug 28, 2015 |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Viktor1983(m): 4:56pm On Aug 28, 2015 |
YerYer:You are still smelling? Stuff wey don dey table for long now.. The stock market has shelved trillions, Growth rate has slowed down.... 2 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Melahou(m): 4:57pm On Aug 28, 2015 |
its going down... |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:57pm On Aug 28, 2015 |
DickDastardly: 1.PMB is not my idol.I am a Nigerian. My allegiance is to my country and its peoples....not to any politician, or party. 2.If any Nigerian leader cannot see the need to diversify now;...he is blind and he must be removed 3.Your idol GEJ did not do his job well..ie his job of diversifying the economy.....which is partly why we are here. 4.Whatever the cost...we must be prepared to switch from a resource dependent economy to an industrial economy. This might mean austerity....but it would get us to the point of prosperity. 5 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by godson99(m): 4:57pm On Aug 28, 2015 |
hmmmmm! u guys should start withdrawing ur monies from this banks |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by sammyj: 4:57pm On Aug 28, 2015 |
This is good opportunity for new investors to buy properties. I wish i had money to buy one of the properties !!! 3 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by atlwireles: 4:57pm On Aug 28, 2015 |
Many were over valued in the first case, they will all find buyers at the right price. 2 Likes |
Re: Economic Slowdown Deepens Banks’ Woes As Debtors Property Can’t Find Buyers by Nobody: 4:58pm On Aug 28, 2015 |
When dummies run an economy, this is the kind of shyt you end up with. When you build a house and set a rent price of N5 million per annum in an economy where people can't eat a single square meal, na rat, cockroacj and lizards go live for your house, rent free. Stupid fools 15 Likes 1 Share |
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