Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,209 members, 7,829,336 topics. Date: Thursday, 16 May 2024 at 03:08 AM

Bizbone's Posts

Nairaland Forum / Bizbone's Profile / Bizbone's Posts

(1) (of 1 pages)

TV/Movies / Re: Heey by bizbone(f): 1:57pm On Nov 24, 2009
@POST GUY GO LOOK FOR SOMETHING BETTER TO DO grin grin grin
Education / Re: Police Arrested 200 Lasu Student Over Riot by bizbone(f): 12:14pm On Nov 19, 2009
@ post (We are tired of staying at home; many of our female colleagues are now pregnant).
if after 6 month of closue and most girls female in lasu are pregnant i wonder what will happen if it's closed for 1year?
grin grin
Jobs/Vacancies / Transolve by bizbone(f): 9:17am On Oct 16, 2009
please house does any body know what TRANSOLVE is all about and there salary structure.
Jobs/Vacancies / Arins Investment Optns Ltd by bizbone(f): 8:29am On Oct 12, 2009
Good day house,
pls does any body know who ARINS INVESTMENT OPTNS LTD is?
They sent me an sms for an interview today 12/10/2009 @ kayode street lagos.
please i need to know so as not to fall for a scam.
Jobs/Vacancies / Press Release------cbn Circular On The Sacked 5 Banks Md And Executives by bizbone(f): 11:57am On Oct 05, 2009
PRESS STATEMENT ON OUTCOME OF SPECIAL
EXAMINATION OF 14 BANKS
In furtherance of the Central Bank of Nigeria’s statutory duty to ensure a sound financial
system in the country, the Governor of the Central Bank of Nigeria (CBN) ordered the
Special Examination of all the 24 banks operating in Nigeria. The result of the Special
Examination of the first set of 10 banks was made known on 14 August 2009. The CBN
wishes to announce that the joint CBN-NDIC examination teams have completed the
Special Examination of the remaining 14 banks— and as such the books and affairs of all
24 banks in the Nigerian banking system have now been examined.
The Special Examination primarily focused on assessing the health of the banks with
particular focus on liquidity, capital adequacy and corporate governance. After a review
of the findings of the Special Examination report in respect of these 14 banks, the CBN
has come to the following conclusions:
The following nine (9) banks were found to have adequate capital and liquidity to support
the level of their current operations and future growth:
1. Access Bank Plc
2. Citibank Nigeria Limited
3. Ecobank Nigeria Plc
4. Fidelity Bank Plc
5. First City Monument Bank Plc
6. Skye Bank Plc
7. Stanbic IBTC Bank Plc
8. Standard Chartered Bank Limited
9. Zenith Bank Plc
The 10th bank – which is Unity Bank—was adjudged to have insufficient capital but not
in grave situation because it has a healthy liquidity position.
The remaining four banks were found to be in a grave situation:
1. Bank PHB Plc;
2. Equitorial Trust Bank Ltd;
3. Spring Bank Plc; and
4. Wema Bank Plc.
2
After a careful consideration of the matter, and in exercise of the powers conferred on
him by Sections 33 and 35 of the Banks and Other Financial Institutions Act 2004, the
Governor of the CBN, by order in writing, has taken a number of measures aimed at
arresting the grave situation of these four banks.
The measures are:
a) The removal of the Managing Directors of Bank PHB Plc, Equitorial Trust Bank
Ltd. and Spring Bank Plc and the appointment of new Managing Directors for
these three banks, namely:
1. Mr. Cyril Chukwumah for Bank PHB Plc;
2. Mr. G.O. Folayan for Equitorial Trust Bank Ltd; and
3. Mrs. Sola Ayodele for Spring Bank Plc.
b) The removal of all Executive Directors in Bank PHB Plc, Equitorial Trust Bank
Ltd and Spring Bank Plc. New Executive Directors will be appointed for these
banks in due course.
c) The removal of all Non-Executive Directors in Spring Bank Plc.
d) The removal of Dr. Mike Adenuga, jnr., CON, as a Non-Executive Director of
Equitorial Trust Bank Ltd.
e) The order to the board of Wema Bank Plc to recapitalise by 30 June 2010. It is
noted that Wema Bank Plc came under new ownership and management in June
2009 who took over a bank already in a grave situation and should not be held
responsible for the present condition of the bank. The CBN will work with the
Bank to ensure a successful completion of the recapitalisation exercise.
f) The provision of a total of N200 billion by the CBN as liquidity support and long
term loans for the four banks adjudged to be in a grave situation to enable them
continue normal business, while pursuing recapitalisation options.
g) The order to the board of Unity Bank Plc. to recapitalise by 30 June 2010. It is
noted that Unity Bank Plc was adjudged to have insufficient capital for its current
level of operations but was adjudged to have a healthy liquidity position and with
no indication of poor corporate governance practices. The CBN has therefore
exercised its powers under Section 13.3 of BOFIA to order the Board of Unity
Bank Plc to recapitalise by the said date and the CBN will continue to monitor
this situation.
In addition, the CBN will assist the five banks with insufficient capital in their loan
recovery efforts, just as it did with the previous five. The CBN is happy to report that as
3
at 25 September 2009, the five banks had recovered more than N110 billion of previously
non-performing loans.
The CBN reiterates its commitment to stand by all Nigerian banks and work with their
respective boards, management and other stakeholders to restore the stability of the
financial system and thus ensure that our banks are able to effectively play their role in
economic growth and development.
In furtherance of the commitment of the Federal Government to the growth and stability
of the financial system, His Excellency the President of the Federal Republic, President
Umaru Musa Yar’ Adua has directed the Honourable Minister of Finance and the Central
Bank Governor to liaise with the Attorney General of the Federation, the National
Assembly and other relevant stakeholders with a view to fast-tracking the process of
establishing an Asset Management Company.
The formation of this company should facilitate an improvement in banking sector
liquidity, protection of the earnings of banks from further erosion and a reduction of the
debt overhang on the capital market and its participants. This should provide a muchneeded
fillip for the revival of the Nigerian Capital Market.
With the conclusion of the bank audit exercise, we have come to the end of the first phase
of the process of restoring financial sector stability. Ongoing action will focus on
building capacity within the regulatory regime; fast-tracking the implementation of riskbased,
consolidated and cross border supervision frameworks; easing the flow of credit,
particularly to the real sector of the economy; improving governance structures and
practices in the financial services sector; and improving confidence in the economy in
general.
HEAD OF CORPORATE AFFAIRS
CENTRAL BANK OF NIGERIA
Music/Radio / Re: Terry G's Album - Ginjah your Swaggah Season 1 Is Out!!!!!! by bizbone(f): 9:19am On Sep 25, 2009
i can't shout the album is too much.
hv been listening 2 it since yester nite.
Jobs/Vacancies / Re: Graduate Recruitment @ Kaplan by bizbone(f): 3:12pm On Sep 09, 2009
wat of those that don't leave in abuja can hey apply.
Politics / Re: What Should Account Holders Of The Five Banks Do? by bizbone(f): 8:21am On Aug 19, 2009
Marymos:

If You Are An Account Holder Of Any of The Five Banks What Will You Do?

I was shocked and surprised when i saw the headline of all the dailies of the sack of the CEOs of Intercontinental Bank, Oceanic Bank, Union Bank, Afribank and Finbank as a result of their fraudulent practise.

If I'm an account holder in any of the bank,that will be the end.I will close my account immediately with the bank. If top officials of these bank can involve in such unethical practices what then do you expect from others?

What will be your action if you are an account holder in any of the bank?
young man what is your intention?why this kind of topic?
do u want people to panic?
Politics / Re: 3 Of The 5 Bank Chiefs Arrested by bizbone(f): 8:09am On Aug 19, 2009
nigeria with their series .
Car Talk / Re: Installmental Payment Plan For Cars by bizbone(f): 3:03pm On Aug 18, 2009
go to your bank and ask for a Car Loan.
Music/Radio / Re: 2Face exploring the idea of legal actions... (links 2 pics with mary j) by bizbone(f): 4:46pm On Aug 12, 2009
u are right my brother.baba as taken nigerian music to the next level were it can be cmpared with those international stars too.
blinx:

How i wish i could ignor all u hater of 2baba. The hating is too much. As 4 dat faceless bombsquad, the way u take ur time to write lengthy smare stories and response to every thing 2face shows dat all these is actually sponsored. Who sponsored u i dont but know but i want u to know dat ur campaign can do nothing to his career. Promote ur stories on the net as long as u like but his music is still played in people homes every day. Unstopable to me remains one of the best mature albums come out of 9ja in recent time.
Bombsquad u'er an idiot.
[
@Bombsquad hope u know that 2face album is due for relesa abroad very soon.
Music/Radio / Re: Ikechukwu & D Mo'hitz Crew: by bizbone(f): 1:14pm On Aug 11, 2009
nothing can be better than that for him.
Music/Radio / Re: 2Face exploring the idea of legal actions... (links 2 pics with mary j) by bizbone(f): 9:37am On Aug 11, 2009
whether u like it or not 2FACE still remains the GOD FATHER of HIP HOP music in nigeria.
if not for is boldness to leave the PBOIZ i wonder when the break thru would have come into nigerian music.
2FACE proved to lots people that u can make it in music compared to then.
YES am a FAN of Dbanj but i if not for 2 Dbanj and the others wouldn't have come down to nigeria to see if they can also make it.
2 is blessed with the voice of good musice any track he touches is an hit track.
then why do we want to destroy him.
remember he is an human been like u and i and he is bound to have short comings.
R kelly had scandals in is country on various time but still his people do not tranish him like we do.
lets allow the guy to be.
Politics / Re: Tinubu And Fashola At Loggerheads ! by bizbone(f): 8:55am On Aug 10, 2009
xviconcept:

rumour roumour rumour
thats all it is rumour from a carrier.
Jobs/Vacancies / Re: Callredux Acceptance by bizbone(f): 2:18pm On Aug 07, 2009
but
Glo-Redux:

Dear All,

What I can truly say for now is that whether you have been offered an appointment by Callredux or not, everyone is a winner with CallRedux.

The service provided by this company can be confirmed from Globacom and i quote as follows:

"call Globacom corporate customer care service on 200 strictly from a Globacom Post Paid contract line. Or they can call 08050020200 if they are calling from other networks i.e. zain, etisalat, MTN, visafone etc.

It is important to note that any Globacom pay as you go subscriber (prepaid line) cannot reach the Globacom corporate customer care service from their lines because the corporate customer service is exclusive to Globacom contract line subscribers only. This also is why calling the general Globacom customer service centre on 121 is not the best way to get information on corporate entities like Websoft Limited.

They can also verify by going to the post paid section of any Glo World outlet. Only the post paid section of the Glo World outlet can currently confirm our status. The reason is that Globacom corporate customer care service representatives are totally different from the prepaid customer care representative and access to information is limited to their section."

Sorry its a rather long quoted post, but its better read just as it came out of the "horses mouth".

Let me know if you still have issues.

Committed to your success.

the problem is why must i pay money before i can be given a package that i beleive i represent?
it states that we should sent all required forms via UPS.we have started incurring expenses in an organisation that as not been recognised.
plesae if you are one of there staffs tell them to reverse some of their conditions.
Politics / Re: Bank Teller Loses His Job For Trying To Stop A Robber: by bizbone(f): 8:15am On Aug 07, 2009
the guy is a dummy putting others life in danger.
who does he think he is? superman.
if it were to be in NIGERIA it would have been something else.
Jobs/Vacancies / Have You Ever Felt Dying Is A Solution by bizbone(f): 9:46am On Aug 06, 2009
have you ever felt dying is the only solution to a problem?
Politics / Re: Amnesty: Militants Demand N3bn For Arms by bizbone(f): 1:34pm On Aug 04, 2009
I read this topic and couldn't help but say that a time is coming when this militans will dictate who the president of this country will be.

What is the use of going to school when you know if you become a militan the you can hold the whole country hostage under the pretend of fighting for a course and at the end of the day demand for 300k AK rifle and an apartment payable within 10years using the FG as collateral.

nigerian as lost alot of money as a result of there damages on the oil sector and still they are demaning for a comfortable life.

i know that the next election will ,
Jobs/Vacancies / Re: Savannah Bank Is Calling by bizbone(f): 12:58pm On Jul 24, 2009
tayoTFC:

nunuyemi///u are a scammmer, ole where did u check for ur invitation to savana test,
All scamers, shall end up in the lake of fire. guys cant u get it, they are all the same set of millitant we have in this site. soon they will demand for money.
pls note them
micheal
marvostica
hopeman
freeyemi
sunrisegod
adesaanumi
i support u they are all scamers. house beware.
Jobs/Vacancies / Re: Savannah Bank Is Calling by bizbone(f): 10:22am On Jul 24, 2009
@nunuyemi
do u have any infor on the so called list that is out
Jobs/Vacancies / Re: Savannah Bank Is Calling by bizbone(f): 8:18am On Jul 08, 2009
were u sent an sms or did u check online?
Michael78:

I was invited too.Thank u all
Jobs/Vacancies / Re: Savannah Bank Is Calling by bizbone(f): 9:36am On Jul 07, 2009
freeyemi:

I was not invited by email but I checked my status online telling me I was invited
freeyemi how did you check online?
Jobs/Vacancies / Re: Help Wanted For Experienced Bank Worker by bizbone(f): 11:07am On Jun 30, 2009
i thought access bank pays very well?
Jobs/Vacancies / Re: Cvs For Debt Recovery Candidate Needed At Gta by bizbone(f): 9:01am On Jun 23, 2009
tell us is it full staff or contract?how much are they willing to pay?
are u a staff there?
Jobs/Vacancies / Re: Cvs For Debt Recovery Candidate Needed At Gta by bizbone(f): 8:46am On Jun 23, 2009
GTA and their contract staff jobs, how good is this one and also i heard they don't treat their contract staffs well?
Jobs/Vacancies / Re: FIRS Salary (Federal Internal Revenue Service) by bizbone(f): 12:49pm On Jun 03, 2009
when is this vacancy and were is there ad.
Jobs/Vacancies / Afribank Insurance Brokers by bizbone(f): 4:07pm On Jun 02, 2009
house
did any one write AFRIBANK INSURANCE BROKERS TEST that took place in october.
i need to know cause i did the test and interview and since then no respond.

(1) (of 1 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.