allthingsgood:


Really?? Then obviously u don't have a clue what business and investment is all about. Those are public companies, the profits belong to the shareholders and not CEO. You cant wake up and usurp funds then pay yourself billions without disclosing to the shareholders. That's stealing!

I know what I'm saying bro. Top Bankers all over the world are the same. They earn outrageous salaries.

It is only fair to pay them such amount that will encourage them to work and earn more returns to the shareholders.

I do not see anything wrong in paying them that much. Most of these EDs/CEOs work their asses off. No family life. ...nothing just to ensure they position the bank ahead of its peers in terms of earnings and profiability.

It is a simple strategy of motivation. If the shareholders want to crash their investments, they should go ahead and crash the EDs emoluments. One thing for sure is thathat competitors would be lurking around to poach such formidable ED an pay much higher salaries if he or she is able to turn their own bank's fortune.

These guys are working. For our Senators, can you compare the work these EDs do and theirs?

My grouse however is the spate of discrimination in emoluments. Else how can you expect a teller earning between 50-75k for over 10 years without increments. These are those who contribute to the profits, yet nothing to show. That should be looked into to reduce this disparity.

Signed Out!

Sweetguy25:


I know what I'm saying bro. Top Bankers all over the world are the same. They earn outrageous salaries.

You missed my point. its not the money they earn that's the issue. Its the failure to disclose this to the shareholders. Public companies are practically owned by shareholders. The bankers do not own the bank, the shareholders can remove them any minute. The failure to disclose is simply theft.

This is serious oo

that is exactly the problems I have with banks. it's a monkey dey work babun dey chop scenario.

Seems people think the pay is not exorbitant when compared to what American and British Banks pay their Directors but I think that misses the point.

We are talking about executive pay as a percentage of profits. If JP Morgan Chase makes $18bn as profit and and pays its directors $180m it may seem exorbitant but that's 1% of its profit. Besides a good deal of what American banks pay their directors are stock options.

Bottom line, its's exorbitant particularly if you consider that the banks' profits fell by over 50% due to overexposure to oil sector debts.

Is Buhari trying to take over banks from the rightful owners and hand them over to Fulani Herdsmen?

The way he's poke-nosing into bank affairs nowadays!


Hmnnnnnnnnnnnnnnnn!

olatunji21:
But i want to Marry u Instead....I go stil be President naa...

my president olatunji21 i know lol

The usual chop i chop..

Sweetguy25:

By the way, what percentage of Nigerians do you think earn between 50 million to 120 million a year? 3 percent or five percent or more?

Less than 0.5% of Nigerians earn more than N200,000 a month, from statistics I've heard bandied about.

misspresident:

my president olatunji21 i know lol

Have missed u dear...Hope u are enjoying the break?

olatunji21:
Have missed u dear...Hope u are enjoying the break?

i've missed u too...i am really enjoying the break oh.

texazzpete:


Less than 0.5% of Nigerians earn more than N200,000 a month, from statistics I've heard bandied about.

C'mon, it can't be that bad.

misspresident:
wow @_@ i want to marry a bank director.

Why not be a Director yourself? It all starts with a dream...

Sweetguy25:
I personally don't see anything wrong with the remunerations of the ED's. As long as the banks are operating profitably, then there's no problem.
By the way, what percentage of Nigerians do you think earn between 50 million to 120 million a year? 3 percent or five percent or more?

Do u know what is 3%? To put it clearly, it means 3 out of 100 Nigerians earn upward 50 millions.

You can't even find 3 out of 100,000 EARNING that. So we are taking about 0.003%

.

allthingsgood:


Really?? Then obviously u don't have a clue what business and investment is all about. Those are public companies, the profits belong to the shareholders and not CEO. You cant wake up and usurp funds then pay yourself billions without disclosing to the shareholders. That's stealing!

Bros the share holders get divend and own whatever the company is worth. Director gets salary 12m per month not too much

PIPPROF:


to be an ED in a major Bank like that you have built connections that make your salary irrelevant

bro pls can u snd me those indicators i posted on a partucular binary trading topic.
i saw it last night and before i could download hem i discoreved that all ur post have been hidden.

and why where ur posts hidden? .

pls u can quote me and send them to me.
thanks