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Abbeyme's Posts

Nairaland Forum › Abbeyme's Profile › Abbeyme's Posts

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Car Talk › Re: This Car Made Nissan Lose Its Value In Nigeria Auto Market (pix) by Abbeyme: 5:58pm On Oct 29
This is 2026!
You are moaning over a 2004 Nissan murano. Do you know how many other Nissan products is out there?
Politics › Re: Abdulsalami Abubakar Used In Indian Hospital Advert by Abbeyme: 9:53am On Sep 30
SmartPolician:
Believe it or not, Nigeria isn't destined for greatness! This country is too disjointed, ignorant and tribalist to work as one unit. This explains why we produce these kinds of inept leaders over 2 decades later.
Stop playing!

Don’t be carried away !
People leave the united kingdom to go for teeth polishing and dental realignment in Turkey every day.

That doesn’t make the UK any less than Turkey
European Football (EPL, UEFA, La Liga) › Re: Coventry Vs Hull 29 August, 2026 15:00 Pm by Abbeyme(op): 1:51pm On Aug 29
Note that both Coventry City and Hull City are newly promoted to the Premier League. The clubs have both spent apple times in the EFL before their promotions.

Coventry City last played in the Premiership 25 years ago, while Hull City was last promoted 13 years ago.

Quite some space apart, together
European Football (EPL, UEFA, La Liga) › Coventry Vs Hull 29 August, 2026 15:00 Pm by Abbeyme(op): 1:29pm On Aug 29
Today, Coventry City Football Club will be playing host to Hull City at The CBS Arena 3:00PM.

Previously, Coventry lost its Premier league debut game to Arsenal FC (0:3), when hosting Hull triumphed Manchester United (2:0); notwithstanding, hopes are high this afternoon that redemption is ahead and the skies are BLUE for today's host.

Good luck !!!

#COVHUL

European Football (EPL, UEFA, La Liga) › Re: Arsenal Vs Coventry (3 - 0) On 21st August 2026 by Abbeyme: 1:19pm On Aug 29
bennybuhari:
Arsenal will win by a landslide
Shior

So, did the land slide?
Crime › Re: Ifechukwu Dennis Arrested By Police For Making A Fake Tinubu Voice - Onanuga by Abbeyme: 7:38pm On Jun 04
Better to find the correct person and prosecute
Sports › Re: Nigeria's Loss To Morocco: How Would You Describe The Ghanian Referee? by Abbeyme: 6:18am On Jan 15
If we had scored 3 clear goals within regular time, we won’t bother who the referee was!
Politics › Re: Residents Call Out Dapo Abiodun For Partying While Ogun Ex-Lawmaker Kidnaped by Abbeyme: 11:06pm On Jan 01
When has rescuing people from kidnappers become the task for sitting governors. Police and other security agencies are already involved in the rescue.

You might suggest the governor should stop eating and stop breathing until the victim is rescued.
Family › Re: Moment Mother Reunited With Son 7 Years After He Left To Join US Army by Abbeyme: 6:53pm On Dec 17, 2025
You didn’t recognise your son just after 7years?
Is that for real?
Celebrities › Re: Peller Thanks Nathaniel Bassey For Hallelujah Challenge As He Collects 11m Coins by Abbeyme: 8:17pm On Oct 24, 2025
The taxman is coming!
Politics › Re: Nigeria Missing As IMF Lists Africa’s Fastest-growing Economies by Abbeyme: 7:48pm On Oct 17, 2025
Nigeria do not need their ratings. They should face their front
Politics › Re: Rivers: Move For Ibas' Tenure Extension Collapses, Fubara To Return On Sept 18 by Abbeyme: 7:12am On Sep 07, 2025
O beta.

How many miles per hour must my words be before I can post them here
Family › Re: Surehome Marriage Seminar JUNE 2025 Edition by Abbeyme: 9:27pm On Jun 29, 2025
Giftedhand47:
Mr Seun is an atheist and doesn't believe in God
His Mom and dad are devoted Christians
My bad. I didn’t get that memo.

It is then very possible that Seun could be related to this couple
Family › Re: Surehome Marriage Seminar JUNE 2025 Edition by Abbeyme: 7:46pm On Jun 29, 2025
But is the person presenting this programme related to Seun osewa of Nairaland.

Because seun is a Muslim and these couple here appear to be Christians.
Family › Re: Surehome Marriage Seminar JUNE 2025 Edition by Abbeyme: 7:44pm On Jun 29, 2025
Kudos to the team and congratulations to the proposed attendees
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 12:41am On Jun 27, 2025
Blazetrailer:
Ignorance on full display here. Go back to school. Education is not scam
What do you know ?

There are different methods of evaluating the GDP.

One road does not get to the market
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 12:19am On Jun 27, 2025
chidiokay:
You should be covering your eye in shame, since when is GDP measured by bank transactions

must you guyz defend failure, on top 30k wage una dey collect
The correlation between a country’s GDP (Gross Domestic Product) and transactions recorded through formal banking channels is generally positive, but the strength of that correlation can vary widely depending on the country’s level of economic development, financial inclusion, and the size of its informal economy.



🔍 Understanding the Relationship

✅ 1. GDP and Banking Transactions:

* GDP measures the total value of goods and services produced in a country.
* Banking transactions reflect recorded economic activities—such as wages, sales, and investments—that flow through formal financial systems (banks, mobile money, etc.).

Since most formal economic activities (e.g., corporate sales, wages, taxes) are transacted through banks, a strong banking system typically reflects higher and more traceable GDP.



📈 When the Correlation is Strong

In developed economies:

* Most transactions go through banks (e.g., salaries, purchases, taxes).
* Informal economic activity is low.
* Result: High correlation between GDP and banking transactions.


📉 When the Correlation is Weaker

In developing or informal economies:

* Large segments of the population may be unbanked.
* Cash-based or barter transactions dominate local markets.
* Many economic activities (like street vendors, informal labor) are not captured by banks.
* Result: Weaker correlation between GDP and banking transactions, and GDP may be underestimated.

💡 Implications

* Underbanking can distort official GDP figures.
* Expanding financial inclusion (e.g., mobile banking) improves GDP measurement accuracy.
* Policymakers and analysts should consider banking penetration when evaluating economic performance using GDP.
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 4:40pm On Jun 26, 2025
Breaker001:
...and Burkina Faso is better placed than Nigeria on this scale, yet some of our people will jump at the slightest opportunity to discredit what Capt Ibrahim Traore is doing with his people.
Even Togo, Uganda and Benin republic are all rated better than Nigeria.

Wonders shall never end
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 4:39pm On Jun 26, 2025
Its official!!

No country in Europe was mentioned in the list.

None is poorhuhhuh
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 4:37pm On Jun 26, 2025
bionixs:
No, you are very rich.
Your mates are doing great things outside this clime and you are here mentioning oyimbo are eternally okay.

Those white hairs springing up on your head cannot be reversed o
That was quick, but I changed my choice of words tho
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 4:35pm On Jun 26, 2025
Like if you think Peter Obi would have done the economy better

Share if you trust President Bola Tinubu is making the economy better
Business › Re: Nigeria Ranked 12th Poorest Country By GDP Per Capita In 2025 by Abbeyme: 4:32pm On Jun 26, 2025
Are we that poor or it is just a perception of the analyst.

Many trades and transactions never made it to the bank, so those transactions were never measured
Foreign Affairs › Re: Iran Fires Missiles At US Bases In Qatar and Iraq by Abbeyme: 5:57pm On Jun 23, 2025
Hopefully, the world is not getting to witness another whole scale war
Health › Re: Governor Otti Constitutes Board For Medicines And Commodities Management Agency by Abbeyme: 12:35pm On Jun 19, 2025
Nice step in the right direction.

You can’t get it wrong with a great team
Foreign Affairs › Re: Trump Administration restarts Students Visa Interviews But ... by Abbeyme: 10:17pm On Jun 18, 2025
So they want to see what applicants are hiding under our sleeves
Politics › Re: President Tinubu Arrives In Makurdi, Benue State by Abbeyme:
Na so so visit without real work seen to be done by our political leaders. They make their visits meaningless to these volatile places.
Once PBAT returns to Abuja, hostilities are most likely to recommence
Sports › Re: Zlatan Hails Osimhen As Super Eagles Star Spends Big At His ZTTW Fashion Store by Abbeyme: 1:28pm On Jun 18, 2025
If he has not spend big money, the recognition wouldn’t have come. That’s how those people roll.
Business › Re: Why Oil Companies Are Leaving Nigeria – PENGASSAN by Abbeyme: 10:15am On Jun 17, 2025
I was thinking the reason would be that we can now refine our oil petroleum needs locally and no longer need dem longer throats.
Celebrities › Re: Bobrisky Knocks Senators Over Silence On Benue Killings by Abbeyme: 1:49pm On Jun 16, 2025
See what Tinubu has caused now. An exconvict is now chiding him
Celebrities › Re: ‘Africa Must Be Respected,’ Says Davido, Pulls Out Of 50 Cent’s Concert by Abbeyme: 9:02am On Jun 16, 2025
helinues:
Davido is becoming a nuisance. He doesn't know how to address issue maturely
You can’t be more matured than how he apologised to his dan and assured them of his respect. 3weeks advance notice is enough respect, imo.
Politics › Re: FG Disburses ₦‎60Bn To Gombe For Agro-Livestock Industrial Zone Development by Abbeyme: 7:06pm On Jun 15, 2025
LongT:
grin grin grin cool the 'meatflix' really got me. If such amount could be used judiciously, then expect your bulls, goat and chickens industrial revolution.
Truest! Only if the whole money is well planned and disbursed for the purpose

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