₦airaland Forum

none of my business, looking at it from PWC and KPMG side, una don hammer o....pls if you need extra hands we are here.

.

i have not had medicals but i did 2 interviews in a week and am awaiting a third if there is though but i just need to know when the TS resumes cos i would like to resume with that batch..

Mannylex:
Sup man, ur also a TS hopeful? When did u have your medical?

and can you tell us about your experience like stuffs to expect and the likes i know the last batch finished on 31st i was at the head office sometime during the TS.

vybrant:
I finished training exactly 11 days ago..

Be positive to be called up in the next batch for TS

please when is the next batch of training school?

vybrant:
I finished training exactly 11 days ago..

Be positive to be called up in the next batch for TS

Good evening, please when is the form for MBA closing for NOUN I need information please..

Nigerian Deposit Money Banks on Monday continued with the policy of naming and shaming their delinquent debtors with further publication of the names of firms and their directors whose loans have become non-performing for more than one year.

While nine banks published the names of the loans defaulters on Monday, four banks released the lists of their chronic debtors, owing a total of N143.81bn, on Tuesday.

The four banks are First Bank of Nigeria Limited, Access Bank Plc, Diamond Bank Plc and Unity Bank Plc.

The banks, which had published the list of their delinquent debtors on Monday were Zenith Bank Plc, Guaranty Trust Bank Plc, Union Bank Plc, Sterling Bank Plc, Skye Bank Plc, Fidelity Bank Plc, Stanbic IBTC Bank, Heritage Bank Limited and Enterprise Bank Limited.

First Bank, which has its total amount of non-performing loans as N43.72bn, published 92 names of delinquent debtors.

The first five companies on the lender’s list owe a combined sum of N23bn. These are Ajaokuta Steel Company Limited, Starcomm Plc; BGL Securities Limited, where a former Minister of Finance and National Planning, Kalu Idika Kalu, is a director; Shield Petroleum Limited and Fargo Petroleum and Gas Limited.

Shield Petroleum, the number one on the list, owes N6.883bn; while Zurich International Service, the last on the list, owes N26.69m.

Unity Bank also released 260 names of delinquent debtors with a combined NPL figure of N45.52bn.

The list has the companies of some prominent Nigerians. These include Umar Mutallab’s DeanShanger Project Limited, N3.6bn; Senator Ayodele Arise and a former Minister of State for Works, Mr. Dayo Adeyeye’s International Payment Devices Limited, N81.9m; and Prince Adeyanju Olateru-Olagbegi’s Cupid Investment BDC, N90.1m.

Other prominent companies on the list are Ekiti Kete Mass Transit, which owes N991m; Fargo Petroleum and Gas Limited, N2.5bn; Ava Cement Limited, N.8bn; and Plywood Chemical and Accessories, N1.1bn.

Ava Cement topped Unity Bank’s debtors’ list with N9.8bn, while Malcolm Akpokodje owes the least with N20m.

Access Bank Plc published a list of 11 delinquent debtors, with a combined NPL figure of approximately N3.4bn.

Top on the list are Bioka Ventures Limited, which owes N1.15bn, while Derukas International Limited was last on the list with a debt of N56.3m.

Diamond Bank Plc has N47.17bn as its total NPLs, with companies belonging to prominent Nigerians owing sizeable amounts.

These include Sir Emeka Offor’s Global ScanSystem Limited, which the bank says owes N181m; a former Chairman, House of Representatives Committee on the Diaspora, Mrs. Abike Dabiri-Erewa’s Thriller Eneavours, which owes N122m; and a former Delta State Commissioner for Sports Solomon Ogba’s Delta Mega Trend Limited, which owes N89m.

Aside the 13 banks which have published their debtor lists, other banks which will publish theirs this week are Ecobank Nigeria, First City Monument Bank Limited, Standard Chartered Bank, Keystone Bank Limited, United Bank for Africa Plc and Wema Bank Plc.

Investigations by our correspondents on Monday revealed that most of the banks had cut their list of delinquent debtors due to litigation with their customers over disputes arising from loan terms and last-minute renegotiations by some clients.

A top bank executive, who spoke to one of our correspondents under the condition of anonymity, said, “Some of the banks have to remove the list of some clients due to issues that border on litigation.

“Some names were removed at the last minute after the affected customers came to renegotiate with us. Some banks have had to cut the names on their debtors’ list by at least 50 per cent.”

Officials of banks, who spoke to our correspondents, linked the relatively high figure of the NPLs in some banks to inside connivance with customers, lingering margin loans and huge oil and gas-related loans.

According to them, customer relationship managers in some of the banks connived with the customers to obtain huge loans that eventually became bad.

They also said that long-standing margin loans in some banks were responsible for the high figure.

“A huge chunk of the loans are oil and gas related. The drop in oil prices has also worsened the situation for some oil and gas companies. They borrowed relatively large amounts of money, which later became bad loans,” an official of a tier-1 bank told our correspondent.

Meanwhile, the Asset Management Corporation of Nigeria will publish the list of its debtors early next week if they fail to regularise the terms of their loans with the agency.

The spokesperson for AMCON, Mr. Kayode Lambo, who confirmed this on Monday, said companies which failed to regularise the terms of their loans with the agency would have their names published.

“As many companies who have not been servicing their loans will have their names published,” he added.

The names of firms belonging to prominent Nigerians who have not been servicing their loans may appear on the list.

In 2009, the Federal Government spent about N5tn to buy the NPLs from banks to save them from imminent collapse.

AMCON, the government agency created after the 2009 banking crisis, was the special purpose vehicle used to acquire the NPLs from the banking sector.

The Central Bank of Nigeria had on April 22, 2015 directed the banks, discount houses and AMCON to publish the list of delinquent debtors from August 1.

They are to publish the names in at least three national newspapers on a quarterly basis.

In line with the directive, the banks gave the chronic debtors a three-month grace period, which expired on July 31.

The Director, Banking Supervision, CBN, Mrs. ‘Tokunbo Martins, had in a circular dated April 22, 2015, said, “In order to ensure that the industry NPL ratio does not exceed the prudential limit of five per cent and to improve the credit culture in the banking industry, banks and discount houses are directed to observe prudent credit underwriting and monitoring standards.”

The debtors are those whose accounts have been classified as lost and include persons, entities, directors, subsidiaries and other related parties, according to the central bank.

The central bank had stated that delinquent debtors in the category described above would be blacklisted and “banned from participating in the Nigerian foreign exchange market and in the Nigerian government securities market.”

The PUNCH had on March 15, 2015 reported that the volume of the NPLs in the Nigerian banking industry was set to rise further on the back of the devaluation of the naira amid weak global crude oil prices.

Global rating agency, Fitch Ratings, had in February, after the second round of devaluation of the naira, predicted that the banks’ non-performing loans would rise above the CBN’s five per cent limit by the end of this year, but below 10 per cent.

whats BEDC?

Really activities of banks should be checked in this country..its really saddening to see the way young graduates are being deceived to becoming slaves...Access bank though?

Come to Wema bank...call me if you need proper account management. .

David Mark is not a man of integrity...a man with integrity who has been senate president for years now becomes an ordinary floor member..its like obasanjo leaving after 8years to contest for governor...I exxpected him to resign honourably rather than as d yorubas will say it 'te' in d senate. ..

drfyfuhyff

Checkout the Prices of Petroleum in Nigeria from Day 1 till date + The Administration.
• Gowon – from 6k to 8.45kobo
• Murtala – from 8.45k to 9k
• Obasanjo – from 9k to 15.3k
• Shagari – from 15.3k to 20k
• Buhari – from 20k to 20k (Price remains the same)
• Babangida – from 20k to 39.5k
• Babangida – from 39.5k to 42k
• Babangida – from 42k to 60k (Private Vehicles)
• Baban gida – from 60k to 70k
• Shonekan – from 70k to N5 (Naira)
• Abacha – from N5 to N3.25k (Price drops)
• Abacha – from N3.25k to N15
• Abacha – from N15 to N11 (Price drops)
• Abubakar – from N11 to N25
• Abubakar – from N25 to N20 (Price drops)
• Obasanjo – from N20 to N30
• Obasanjo – from N30 to N22 (Price drops)
• Obasanjo – from N22 to N26
• Obasanjo – from N26 to N42
• Obasanjo – from N42 to N50
• Obasanjo – from N50 to N65
• Obasanjo – from N65 to N75
• Yar’Adua – from N75 to N65 (Price drops)
• Jonathan – (New year present) N141
• Jonathan – (After labor strike) N97
• Jonathan – (As Feb, 2015 Election approaches) N87

BUHARI and YAR’ADUA did not increase prices.
In fact, YARADUA reduced the pump price from N75 to N65.
Jonathan has suspended further increase in Jan 2015 because of the forthcoming elections. Now he has reduced the price to N87 on 18th of January, 2015.
Wake up!

lurther:
Yes! No doubt, Buhari's daughter trended on twitter yesterday, after some of her pictures went viral. I am very happy for her that as a beautiful daughter of Buhari, a leading presidential candidate in the forthcoming elections, Priviledges like this come along.

I am not actually fused by Buhari's daughter trending because she is beautiful or she is Buhari's daughter, i am so shocked about the information i got about her.

The Information is that, Buhari's daughter is based and schooling in the united kingdom. She is a 400level student of microbiology in the university of surrey Uk according to lindaikeji.

My take on this:

1. It is no secret that why our politicians keep their children abroad, they use other people's children to achieve their aim.

2. Residing and schooling in the United Kingdom is very expensive. Buhari have been touted severally to be a saint that cant afford even a house, but, just one of his daughter that we have information on, is schooling in the Uk, I don't know about his other children.

3. It is high time nigerians as a whole begin to ask pertinent questions about our leaders and not just follow sheepishly whatever they hear. A politician will always be a politician.

4. Nigeria has pressing issues, very pressing issues, i actually do expect a Hashtag like #SayNoToTerrorism to trend amongst our youth in solidarity with the nigerian Army fighting night and day to end terrorism, but, it is a lady based in the UK that is trending.

5. Say No To Election Violence. #SayNoToElectionViolence should be our watchword. Why we kill ourselves, destroy our hard-earned properties, let us ask ourselves, were are the politicians of this children. Are their own properties even being tampered with?

My take on this issue is not just based on only Buhari's daughter, but on all politicians in these country. I strongly believe that, why they fight for power here, their children are somewhere abroad enjoying the perks of being offsprings of them.

#SayNoToTerrorism , #SayNoToElectionViolence

Dear fellow Nigerian, I think you should get facts right before posting an information online..
1.Schooling in d UK is not a big deal at least every family in dis country has a person in the UK so its no big deal..
2.Buhari is a former head of state, once you arE an ex head of state there are some benefits that are accured to itt such as free almost everything for the family of such ex head of state and worthy of mention is wat our dear Gov akpabio is trying to do towards after he leaves office in may,iyabo obasanjo as well has also confessed to enjoying some benefits on her dad being a former head of state
3.So what bout if our dear beautiful zhara is on a schorlarship for excellent academic records "we neva can say she looks like an intelligent chap.
4.I support your stand tho bout we Nigerians standing up to say no to terrorism but lashing out at a young innocent lady and her poor father just like dat without finding out real facts might not be just ok...

Mimiko Like seriously dat man too is talking a governor dat stones are thrown at him when he passes, a sly, a thief a deceiver...am sorry to say Sir you are as clueless as your oga at the top...go and sleep plss

Jona has lost...he talks like a defeated man already who just keeps giving unneccessary reason on why he lost...
Dear pro-Jonathans its better you wake up asap and follow the wave of change that is moving across the country...
A word is enough for the wise.

Read both sections and read word for word mr chukwudi if there were no special provisions for the speaker his deputy and senate president and deputy as well it won't be stated there...section 52 for leaders of the house while 68 is for 'members'

chukwudi44:
Ode go and read section 68 and come back here and tell me what you found

Section 50(2)
The speaker or deputy speaker of the house shall vacate his office:
A). If he ceases to be a member of the house as the case may be or otherwise by any reason of a dissolution of the house.
B). When the house of which he was a member first sits after any dissolution of that house or;
C). If he is removed from office by a resolution by the votes of 2/3 majority of the members of that house....

Dear Mr Chukwudi44 I think you shud goan read d constituition well read indepth and see precisely section 50(2) then you would see that tambuwal can't be touched and is still the speaker of the house..

[Quote author=chukwudi44 post=27579192]The Force Public Relations Officer, Emmanuel Ojukwu, in a statement on Thursday in Abuja, hinged the withdrawal of Tambuwal’s security aides on Section 68(1)(g) of the 1999 Constitution of the Federal Republic of Nigeria as amended.

Statement reads, “In view of the recent defection by the Right Hon. Aminu Waziri Tanbuwal, CFR, the Speaker of the House of Representatives of the Federal Republic of Nigeria, from the People Democratic Party to the All Progressive Congress and having regard to the clear provision of section 68(1)(g) of the 1999 Constitution of the Federal Republic of Nigeria as amended, the Nigeria Police Force, has redeployed its personnel attached to his office.”

http://www.punchng.com/news/tambuwals-security-details-withdrawn/

(The reason is because) Aminu Tambuwal is no longer the speaker of the federal house of reps as per section 68 of the 1999 constitution. All hail the constitution of the federal republic of Nigeria. Anyone dissatisfied with this can go to court. Congratulations to Emeka Ihedioha, the new speaker of the house of reps[/quote]

sarah jegede, michelle adepoju then maybe fortune... others use leg waka come

THIS COUNTRY THO....ARE WE GOING ANYWHERE AT ALL...OR DO WE EVEN HAVE GOVT SEF