Please add

08068382141

Please I am interested.
auduayiko55@gmail.com

This is beautiful

Onnasucs1:
If they reject it, continue your life bro. Of all things, never fear failure because failure is the greatest enemy of success.

You are wrong bro. Failure is not an enemy to success. It makes you stronger for bigger challenges and endeavors that will make you successful eventually.

Egg business

I don't understand the way you are rolling out the millions and billions. The banks charge #4 for SMS and for a million transactions in a month, it should amount to #4,000,000 and not #40,000,000 as you stated.

How can one naira deduction on one million accounts amount to 1 billion?

Abeg o...

gisthabit:
“If a man fools you once, shame on him. If twice; shame on you.”

By Dele Sobowale

THE Central Bank of Nigeria is not totally honest with us and has not been since Skye Bank Plc was cobbled together from several banks which would not have qualified for licence when Professor Chukumah (formerly Charles) Soludo forced Banking “Con-soludo-tion” on the nation in 2005. From almost 90 banks, when the former CBN Governor first announced the new banking policy, to the time the “mega-banks” which he told us will be big enough to compete globally, to the time the winners were announced in January 2006, the number of banks granted licence to operate shrank to about 25. In order to qualify, some banks had to go into mergers with others. In some cases – Skye and Unity Bank for example — the mergers were literally forced on the stakeholders by the CBN as the only condition to remain in banking sector.

Space will not permit for a detailed review of what transpired at the time and the consequences of “Con-soludo-tion” for those banks. But, Skye Bank Plc’s problems started from the first day. Like most shot-gun marriages, it was a marriage of many incompatible partners and a disaster waiting to happen. Before the deadline for “Con-soludo-tion” was reached, the following warnings were given concerning the unusual haste attaching to the entire exercise. Enormous post-consolidation challenges face the 25 or 26 banks that will be operating from January 1, 2006 irrespective of whether they have achieved their current status by raising capital on their own or through acquisition of smaller banks or through mergers with other banks. In fact the enormity of the problems they are likely to encounter is somewhat defined by the route they took to achieve the minimum capital base required by the Central Bank of Nigeria.

In other words, those that are regarded as “stand alone”, to use the current slang, would suffer the least post-consolidation traumas. Those who achieved the status through the acquisition of smaller banks by one big bank would experience more dislocations and those that arrived at the goal line through multiple mergers of several small or weak banks will have the worst post-consolidation problems.

Skye Bank fell into the last group. This writer was not alone in advising caution. Mr Atedo Peterside was among the bankers insisting on delay in implementation of the new banking policy. Professor Soludo, an economist who had never managed a bank, was adamant. So, on January 1, 2006, 25 banks deemed strong enough as a result of their bloated capital base started operations. Skye Bank was one of them. Surprisingly, the bank had survived longer than some of its presumed superior rivals like Oceanic, Intercontinental, Bank PH etc – all of which went under by 2010 leaving their shareholders clutching tissue papers instead of shares. It was a minor miracle that Skye Bank survived for so long. But, the seeds of destruction of banks like Oceanic, Intercontinental and Skye were sown from the day Soludo announced the deadline for banking reform. Let us now turn to the defunct Skye Bank in order to see how the CBN under Mr Godwin Emefiele had been less than candid with the bank’s shareholders who were deceived and held on to the shares until it became valueless last week. Incidentally, the shareholders of former Skye Bank should really consider a class action suit against the CBN for the huge losses they have suffered collectively and individually as result of this avoidable disaster.

In September 2016, in an article titled SKYE BANK AS A METAPHOR FOR BANKING IN NIGERIA the following observations were made. Please read on. SKYE BANK AS A METAPHOR FOR BANKING IN NIGERIA. “Diezani’s ally, Omokore returns N200m to govt.”

PUNCH, September 18, 2016, p 1.
Last month, when the Central Bank of Nigeria took out advertisements in several national newspapers to disclaim the “rumour” that Skye Bank was not distressed, an article appeared on this page titled WHY CBN AND LAGOS STATE MIGHT FAIL IN THEIR EFFORT TO SAVE SKYE BANK. In it, the point was made that contrary to the position of the CBN and despite the vital interest of Lagos State in saving the bank, the efforts might end in failure because the bank had been undermined by its directors and managers in many ways, not just financial, which will make any rescue effort difficult – if not impossible. By then a compilation of the list of cases heading for the courts and involving the bank had been made. It was frightening to observe how one bank could have so got itself involved in so many shady deals.

Today, I once more feel vindicated. But, my joy is not complete. The sad part of the unfolding story lies in the fact that the current Governor of the CBN and the directors of the bank could lie so brazenly to Nigerians as well as foreigners who had stake in Skye Bank. It was unprofessional and unethical conduct. Having deceived other parties about Skye Bank, they have floated another bank with the same sort of unbelievable assurances they issued with regard to Skye. Don’t believe Mr Emefiele or the CBN. Believe me they are wrong again. Only a fool will deal with Polaris Bank Limited – the brainchild of an incompetent and perhaps compromised CBN. Two reasons are sufficient for everybody to reject the bank – until further notice.

Polaris was the original name given to a submarine by the US Navy. Perhaps, it was a mere coincidence that the CBN chose the name of an underwater vessel which comes up for air only suddenly and occasionally and can be lost without trace – taking all its crew with it. This “submarine”too might disappear anytime soon. Polaris had been fashioned out of the wrecks of Skye and the new ship still has most of the people who drove the old one aground on board. Granted, they have a new Chairman, Managing Director etc. But, those new hands are too few to change the culture of sleaze which had characterised Skye. Banks are not ruined only by corrupt directors. They are undermined by shady people working in branches and getting involved in the sort of escapades which turned Skye Bank belly-up. Finally, very little is known about the new helmsmen. Who knows if they are not just as crooked as those who departed? And are they tough-minded enough to clean up the stench in the branches and at headquarters? Banking is all about trust. For CBN which had disappointed Nigerians to be giving testimonials to Polaris must lead to the question: have they got it right this time? If not, Polaris might soon be replaced by Titanic bank – since they have introduced sea-going transport into the discussion. Just be careful about Polaris. I will not want to write another article saying “I told you so” a few years from now.

Just get out as fast as you can.

Source: Vanguard

http://gisthabit.com/be-careful-about-polaris-bank-limited/

Highest level of ignorance being displayed by the OP. Those at the helm of affairs I.e the chairman and the MD have been there since 2016. CBN decided to retain them because they have done creditably well over the last 2 years. You must be one of the debtors of the defunct Skye bank looking for ways to frustrate the effort of CBN and NDIC to stabilise the bank. You must vomit all that u ve stolen from the bank

Fact

What will you gain from falsehood op? Only gullible ones will take you serious.
All customers' deposits at Skye Bank (now Polaris bank) are insured by NDIC. No customer will loose a dime. Gone are the days customers' moneys disappear into tin air. CBN closely regulate banks these days and if there is any unhealthy sign with any bank, it sweeps into action with preventive measures as it has done in the case of Skye Bank. Always get your facts right before you ignite panic.

.

ceyrahtlk:


If it was released online then it was not withheld. He can always get his WAEC certificate from the office after a few years. Meanwhile, the online print out will suffice for admission. However, I still suggest you go to the nearest WAEC office to lay your complaint

Thanks for the response.

Good morning friends. My brother sat for WAEC in 2017 and there was a delay in the release of his result and few of his mates.The result was released online in November last year after so much wait and patience. But the challenge he has now is that, his name and scores was not included in the broad sheet that was sent to his school by WAEC. Does that mean his result has been permanently withheld or it will be released later. He plans to use the online result print out to process his admission this year. Please assist to clarify this dilema

Any comment please? I would have gone to waec office to find out but there is no waec office in my location.

Good morning friends. My brother sat for WAEC in 2017 and there was a delay in the release of his result and few of his mates.The result was released online in November last year after so much wait and patience. But the challenge he has now is that, his name and scores was not included in the broad sheet that was sent to his school by WAEC. Does that mean his result has been permanently withheld or it will be released later. He plans to use the online result print out to process his admission this year. Please assist to clarify this dilema.

Hello House.
Please where can I get quality Boxers and singlets in Lagos at wholesale?

What quantity will be ideal for 100 pieces of cloth please

oldfoolnigger:
u guys should have checked the skul's requirements first na

Is there another requirement apart from what is given in the jamb brochure?

My kid brother was prevented from sitting for Post Utme today at Federal University Lafia because he had a D7 in maths.The result below is not good enough for Theater Art?

RIP

@eminikansoso thank you for bringing this thread up. I just stumbled on it now and I am sure it has great potential to affect lives. Please lets keep the thread alive. I have subscribed already. Thread bookmarked...

Xfemt:
cal me let me give u ful details on laundry on 08065500452 cus that wht am into

Thanks. I will give you a call.

Please Nlders, help a brother out.

DrUche3:
First your decision should properly address the following:
1. Which do u have more passion for?
2. Which is more predominant in ur proposed site?
3. Do you have adequate skills for either of them?
4. What's the demographic cultural pattern/behaviour of your proposed site?
These and many more are questions u must answer with all sincerity before setting the ball rolling.

Thanks @DrUche3 for the response. To the questions you asked:,
1.I have more passion for the laundry business
2.The 2 businesses are predominant but not done to the taste that depict class and this is one of the reasons I want either of the 2.
3.I dont have adequate skills for any of them but I have a very close female corp member friend who is a stylist and has promised to help stabilising the Saloon business before the end of her service.
4.The place is in the core north where the Hausa/fulani muslims dominate. But of course, we have a lot of people from down south earning a living here.

Hello fellow Nairalanders, Please I am at a cross road and I will appreciate your candid advice. I intend starting a business and after series of research on the type of business to start, I have narrowed my options down to either a laundry business or a unisex Saloon. The business will be an alternative source of income for me as I am an employee presently and as such, my decision on which one to start will be informed by:

1. The Startup cost.

1. The time and energy required to manage the business and

2. Profitability.

.

Olamideo2013@gmail.com
Location : Sokoto

08068382141