₦airaland Forum

Alaigbo:
Stay and be waiting wasting your wretched life away.

Nah bad mouth go kill you las las... If you don't change from your insolent attitude.

If ICPC do its work with due attention and diligence, it will discovers that virtually all governmental agencies, ministries, departments and parastatals ought to be flagged for high corruption.

FarahAideed:
Anyone notice how bad electricity Supply has become , National generation currently at a miserly 3000MW....what has the govt achieved in in two years other than lies upon lies upon lies

The electricity situation has been getting worse lately. In my area, no light during day time, just only in the middle of the night. If you're not disciplined enough to wake up and charge phone, power bank, run the fridge and pump water... You are on your own by the time day breaks.

My only regret is not having a portable power station yet that can be charged during the few hours of light so it can be used for basic appliances that matter most and during the time that matters most.

Love800:
What do you mean by PVC?
If you can pls, list the types of ceilings for me.

Is like many things are involve to really make a house to be very costly or low in price, because a man i know in warri pays 300k for 3bedroom in warri.

it's like a coated plywoods and they're closely individually fitted together.

The popular ones are the traditional wooden slate, PVC and the modern pop.

lordprogress:
Ile ife 450k self-contained I am surprised why it is that expensive, apart from the university the city looks too ancient to be that expensive.
I spend 1k plus everyday to the office everyday. Omo na God go help us.

For sef-con Maybe you're staying in students/lappy boys populated areas like Asherifa, Omole Estate, Ede Road, Damico, Parakin... Or some hyped (24/7) light area like Modomo, Eleweran, Awosun, Fashina...

I stay in a standard 2 bedroom, although not pop, it's PVC and total package I paid was 370k but yearly rent is 300k. I always believe in the concept of value for money. I prefer to give out money for free than pay for something that's not worth the value.

This present US Government should be designated a foreign terrorist organization too. There's a rule of engagement when operating on international waters.

What happens to intercepting the boat and making a thorough investigation before just bombing and killing people indiscriminately?

That's a wise and sensible Governor who really have the best interest of the people at heart. He also knows that gift blinds and gift makes one to compromise and embrace favoritism. Accepting gifts will only breed more scared cows and sycophants and it weakens the resolve of the recipient to do the most proper and appropriate things.

Omo! O lagbara ooo... A whole 150 million naira can't buy a pastor's shoe.

The cap summarizes it all.

Afonja007:
cutix and nigerchem others na today I dey hear their names for the first time

That means you hardly watch Channels News.

Coleman's and Channels TV News are like 5 and 6.

Let it not surprise anyone here that the APC is behind that Accord Party faction.

That's the same tactic they used to destroy the LP, discombobulate, and thwart Peter Obi’s ambition.

That's also the same tactic they used to destroy the PDP, which the likes of Ayodele Fayose now refer to as a dead party, with just a carcass remaining.

Odidigboigbo:
All those "I agreed' you ticked and those consent you signed while you opened your account or applied for loan, have you taken your time to read what was written there? De play, by the time you get to court, your eyes will clear

If an app comes with loan policies that are inconsistent with financial laws or financial ethical practices, the court can't do anything to the debtor if the debtor clicked all those I agree. There's this legal maxim that he that must come to equity, must come with clean hands...Fact is that even the creditor/app cannot charge you to court.

Layilawal003:
Stop lying you're that neighbor

I could take loan and I could even be in the shoe of my neighbor, there's no issue with that.

abbasajao:
Please ignore the long epistle. That is not the position of CBN in bank's loan recovery.

What I can deduce from the original post is that it's only banks that have the exclusive right to auto debit as along as there's a signed document/mandates between both parties (just your bank and you) And NOT APPS/LOAN SERVICE PROVIDERS and that banks don't have the right to auto debit on behalf of those apps/loan service providers or loan apps. For instance, Palmpay auto debiting for Flexicash is very wrong and against the law.

helinues:
Are they going to request for id verification when registering for social media accounts?

Yes, that's the only way the policies could be enforced. Nevertheless, minors will still have a way to bypass any restriction. They could be buying or getting accounts from other registered users across the globe.

I later got to know that it wasn't even Palmpay ongoings, it was a brand called Flexicash but it seems the brand is using or hiding under Palmpay to perpetrate such illegal practices and that makes Palmpay to be complicit.

First, a 7 day loan duration is illegal, unethical, lacks common sense and against Google Play Store policies. If Palmpay is on Playstore, then its loan services or subsidiary shouldn't contravene Playstore policies on loan and that makes Palmpay complicit. Also, adding daily overdue fee right from the 7th day until the debt is fully paid is very damaging and very unethical.

It's very embarrassing that in this 2025/2026, we still have some Mr. Shylocks in our regulated finance sectors who are ready to take pounds of flesh from their debtors.

I was talking with a neighbor and he got calls that seem to unsettle him. He told me that Palmpay people are on his neck. According to him, he got a loan of 15k and originally he was to pay back 18k plus within 29 days. Well, being a salary earner, he opted for the loan with the hope that he would pay back in less than two weeks after collecting his salary. When he was applying for the loan, Palmpay broke down the loan in 7 days duration, he was asked to pay the loan every 7 days in 3 tranches/installments.

At the end of the first 7th day, he started receiving calls and demoralizing msgs tagging him fraudulent, and threats that they'd start calling his contacts every 30 minutes and even curses like his family members will die, his community will mourn him bla bla bla. Also, from that 7th day, he started getting daily overdue fee. In less than a month, a principal loan of 15k is racing towards 30k. It was then that I had to embolden him, I told him not to pay a dime and that the real fraudster is Palmpay and not him.

Old video. Nairaland is just recycling news.

The poster is still trying to massage the ego of Tinubu.

Jasmine. That name get one small spiritual problem attached to it.

News like this makes me go haywire or mentally disturbed. Until we believe and act on the notion that an injustice to one is an injustice to all, things like this would continue to persist. If those two cowardly soldiers had known that the community youth would not condone their animalistic behavior, they would have thought twice before engaging in dehumanizing and brutalizing in broad day light.

mrvitalis:
A professor would still be earning less than 10k dollars per year
Highest a prof makes now is 600k so 900k for a professor a month in this economy is ok?

And 150k for a lecture one is ok?

So 900k per month isn't okay? Nursery or elementary school teachers that are helping our kids in their early stage of scribbling, writing, reading, observations and assertiveness are much more valuable than some professors in our higher institutions.

Illiteracy is a disease indeed. I'm sure those touts were the one shouting Jagaban lo le se (it's only Jagaban that can do it).

airsaylongcome:
Let's be a bit decent in our choice of words. Saying I'm talking "trash" is a bit uncouth.

So let's break it down. Finance is a heavily regulated industry. Pretty much like medicine or law. A financial business that has failed to obtain regulatory registration is already running foul of the law ab initio. Are you say a court of competent jurisdiction will enforce a "loan" supposedly "issued" by an illegal entity?

You talk of legal technicalities, how many times, in our justice system have cases been flung out based on technicalities? Defaulting on a loan is a civil case not a criminal one, and a judge will fling a case like this out if the lawyer can prove that the loan shark is an illegal entity

No mind the guy jare. Him think say the court system is like their village assembly. The mere fact is that such company will not even have the moral courage to sue its loan defaulters because they've broken the law in the first place.

MarkNsukkaBread:
You're talking trash!

No being a registered does not in anyway invalidate the loan they gave you.

The most that will happen is that the loan shark will be fined or penalised in some way but no court of law anywhere will automatically discharge you from a loan obligation simply because the loan shark that gave you the loan is not registered

Law is supposed to be repugnant to injustice therefore no court will reward a person who seeks to cheat or defraud another person by means of legal technicalities

The best way to know someone talking trash is to take note of someone's diction, if you're not civil enough to state your point without using insultive language then your level of reasoning is poor and whatever your say should be taken with a pinch of salt.

What the other person stated was that a company's illegality of outrageous interest rate, very short term duration like 7 days, daily overdue interest from the 7th day till infinity, blackmailing with funeral pictures/intimidation would have already made the company to lose its locus standi in the court as he who must come to equity must come with clean hands. Do you also know that cyberbulling is a criminal offense on its own and it's even clearly stated and incorporated in the FCCPC act?

I have a sister who was once a victim of these loan shark companies and I know how they operate.

A so called company violates FCCPC act, Google Play Store Policy, common ethics and logical thinking, so how will even the company defend itself in the court of law Think about it nah. The reason all these companies are still perpetrating these illegalities even in this 2025 is because most of their customers are poor, illiterate, not assertive enough and may not even know their left from their right and the government seems not to care.

nairalanda1:
Yeah, let's all become atheists, and we will see development and peace.

Stalin was an atheist, made religion a crime, closed down all relgious institutions, and was still an evil person, who jailed and killed lots of people

In the DDR, being religious meant no higher education and active discrimination, yet the DDR was a very oppresive state.

That's why I laugh at people who think that once relgion is gone, so goes evil. Religious people are evil, yes, but so also are non-religious.

There is no religion like humanity. People are prone to hating and disliking each other, religion or no.

The belief in state supremacy over the individual (totalitarianism) is still a form of religion on its own. A good example is Nazism which is a kind of ethnocentric religion in Germany. An absolute monarch like Selassie (Jesus of Africa) is still being revered and worshipped till today. The thing is that it's very possible to hide under the auspices of atheism and still procreate a new kind of religion.

All of them are the opium of the masses. The best religion/way of life is still humanity/humanism. Albeit, non-religious shouldn't be classified as a religion.

Moonlight tales! The children should beg both their mother's boyfriend and their apparent or official father.

Local Governments through out the country are almost dead or at best, they are structures without functions. I want to believe that reviving the local governments should be a topmost priority of the constitutional conferences.

The late former Governor of Ondo State vehemently championed this move toward decentralized security measures. The Southern Governors' Forum set a deadline of September 2021 for the end of nomadic pastoralism, but up till now, Fulani herdsmen are still moving throughout the whole of the Southwest region. This clearly shows the complicity and the timidness of our regional leaders.

​In 2024, a particular Senator revisited the issue and called for the end of this anachronistic nomadic pastoralism that has caused undue pain, misery, wanton deaths, and displacement. However, Senator Aliero from Kebbi quickly shut it down, claiming that every Nigerian has the freedom of movement and the right to conduct business in every part of the country.