₦airaland Forum

Let them be given full-time banking license ....mtchwwww

Whats with these TelComs self .... always contesting with the Baking Industry

VeeBabs:
Friend, investment is not by sentiments or friendship or patriotism. If a place (country) is favourable for investments, people (investors) will find their way to you. That's what investment advisory companies exist for. And they are constantly keeping tabs on every country's fiscal, political, monetary, economic and environmental situation and decisions, weighing their effects on each country's investment climate according to a highly sophisticated algorithm.

They "sell" their findings (highly educated predictions) to clients the world over (e.g. hedge funds, sovereign wealth funds, private investors etc etc) who look up to them for timely information.

For example, if you, as a Nigerian, had N1 billion naira deposit balance in a particular Nigerian bank, and then you hear (somehow) that that bank will collapse in a month's time, what would you do? Keep your money there to "help them get through the crisis" or HURRY LIKE CRAZY to get your account manager to suck out every last kobo you have there. Now imagine people (foreigners) who have BILLIONS (in dollars) invested.

Nigeria's delisting from the JP Morgan index has its consequencies. Global financial/investment advisory companies/consultants must have alerted all their investor-clients accordingly on the right steps to take following this anticipated delisting (announced since January 2015). What do you think ratings agencies like Standard & Poors, Fitch and Moody's are doing? How about consulting firms like McKinsey, Accenture and the myriad heavy-weights in the financial services sector? They are all constantly monitoring the pulse and blood pressure of each and every country in the world (tracking their political/fiscal/monetary/economic decisions), and using their information to advise their investor-clients regularly!

If your village is the best place on earth to invest, Warren Buffet will waste no time in channelling billions of dollars in that direction. Investment is not by "those who love Nigeria will stay, those who don't love Nigeria will leave". Investors are not begging you. They never were. If you crash your stock market, or evaporate investor confidence somehow, get ready to stand by and watch billions of dollars check out of your economy on per second billing.

Welcome to the 21st Century.

My 2 kobo.

I like your explanation...

Very informative and unbiased!

Really?

Hope the Military isn't mixing up the bad guys with the good guys

Goodluck to him.

Wish him a happy and enjoyable tour

You don't say....

There's need for evidence in this matter.

If he claims he is untouchable, then the evidence must be indisputable....

He needs to face the law that he's already familiar with...

ECOTERRORS:
A capitalist don't care about a country rather he needs a good ROI from any country he is investing in.

In other words, we are the ones working for them.

Where is the photo na

ok

Recycled...

Even the video was once uploaded on this same Nairaland sometime this year...

I like this coming from the warrior...

The battle filed must always be at the polling station...

The voter's Card and the Indelible Ink are the referees....``

atlwireles:
Define genuine interest People invest to make profits , if you cannot deliver a road map for profits, they simply pack up and move on.

Thats also true sha...

But JP Morgan does not guarantee profit. Its a basis for comparison, detailing and history/records. Of course, it also gives coverage and leverage.
But we as a country is being exposed to a continual and systemic financial raid. And after we succumb, they raise the bar...? So what shall we then do...

These guys are imperialist with no value for labour...

Wrong number, I suppose...

I cant wait for all of them to named.

I dislike anonymous offenders...

I thought all those must have happened to China....

Let all those without genuine interest in Nigeria leave, if they so choose....

True investors would stay. People that believe in the country would invest.

There is an adage that says 'Until you fall, you don't know who your true friend is'...

Great thoughts

superstar1:
We shall weather the storm.

We will emerge stronger.

China did not participate in the derivative market for years. They were driven by need to curb corruption and do things that only benefits their country.

That is the right way to go. It gives us the opportunity to strengthen our bond with more local content than foreign investors that can easily call back their funds at any point in time. Thereby immunising our economy from capital flight and sabotage.

We will only do things that will benefit our people and country. They will come back to beg us.

I love this spirit...

JP Morgan should not remote-control our economy..
They didnt exist for us...We shouldnt exist for them.

Live and let live, jare

What is the asking price?

Your only question that requires concern is ...

trendphemmy:
Good day nairalanders,

3) How can he stop?

Others are rhetorics..

YOUR FRIEND NEEDS URGENT HELP..

HE NEEDS TO WORK ON HIMSELF.

He needs to determine to change. Get a phone that cant do badoo, etc - I mean a basic Nokia or other phones without internet connection,...

He needs to put himself in a emotional fasting period ... cut himself from mediums that aid promiscuity...

you need to re-attach the pix.

None is showing...

Well, the CBN gov'nor has a duty to keep the banks afloat...

Banks on their own would have to diversify more to keep their balance sheets in good shape...

You'll recollect that some banks are already slimming up by cutting highly-priced and highly-ranked employees in their books.

You can encourage yourself by showing the picture(s) of the assets cos I have already declared my assets.

Sorry for Fayose!!

Temitemi's Role Model

Good job on the part of the pilot and rescue team

lol

Upcoming actresses

Congratulations to him...

Let's cheer this on...

Pretty lady, he's got for himself there....

Did he bedwet? Cos I can see a portion of his mattress wet...

Marriage?

For whom? Wishing him congratulations in advance.

Money wasted?