₦airaland Forum

Kudos to him atleast he is still sending them to jail with no option of a fine

It now upto the senators to sign the forfeiture bill, so their ill- gotten wealth can be returned to the government coffers

Abeg what is the format - contact me lets rob mind

No that was Jonathan's comment after the SECOND call by Ghaddafi, he didn't react to the first one and his reaction to the second comment is watery like a boy boy comment even a mai-guard will do better! he couldnt even put one strong word in, just some elemi jesu reaction, this is the same guy ghaddafi overlooked when they met at an AU conference

MrPrsdent:
more sources

http://allafrica.com/stories/201004010876.html

http://news.yahoo.com/s/afp/20100331/wl_africa_afp/libyanigeriadiplomacykadhafiliberia

http://en.afrik.com/article17258.html

the title is still misleading- should be Sirleaf tries to broker peace, or perhaps sirleaf begs on Nigeria's behalf- seeing how weak the president is _{“The acting president made it abundantly clear that all leaders should be diplomatic in their comments about other nations, that there are certain kind of statement that you can make that can substantially ruffle feathers in other nations.
“So he actually said that there should be an effort from all other leaders to be a little circumspect over the affairs of other nations.”}

MrPrsdent:
what do you call that

I call that the nigerian journalist interpretation of what transpired! why will they beg nigeria when nigeria has not even taken any action apart from one obese senator calling Ghaddafi a man man, they have not expelled their envoy there was no Govt reply as usual, so what is there to beg for?

According to him, “it is actually an initiative on (Sirleaf-Johnson’s) part to broker rapprochement between Nigeria and Libya; so she came with two special envoys from President Ghadaffi of Libya, and the purpose of the meeting basically was to establish a level of rapport so that the two nations can put behind them the recent statement that has been made and move forward.

mayeb if you post news from a libyan source we can balance this out  

BlueDiva:
Yep. Seen lot's of cases where Msc holders are applying for fresh graduates positions.
Naija graduates are ambitious and a lot have completed their masters and professional qualifications without ever having worked a day.

I won't call it ambitious. . .

https://www.nairaland.com/nigeria/topic-420764.0.html

it was becoming a private slanging match- irrelevant to the public

the NFF cant organise a friendly to save their lives, i bet you this will be cancelled or postponed till after the world cup

virusdacramil:
I would only want to say that, 'Dora dont even need to come back, she was under pa during her tenure, compared to that of, jerry gana, chikelu and nweke jnr, all this men where active as information minister, but under he NTA was not allowed to broadcast junior world cup, it a shame, what does she have to do now.

Foreign Affairs

no offence but that website looks fraudulent!! amateurish- na only award/seminars/workshop you na dey sell?

No news, no comments no research nothing 'economical' about an economics website at all


nigeria we hail thee

Bukittes:
Whether to flex his muscles or not, at least they will have little respect or rather loyalty to him since he is the one appointing them. They were unruly and felt since he dint appoint them, he couldn't boss them around e.g Rilwan lukman. Now, i guess t[b]hey should all know better that Mr Acting President will not tolerate any show of indiscipline. Gbam![/b]

oh no wonder he chose these weaklings! former wife, younger sister of , nephew of . . .


we are on cruise control till his time is up 2011

I have the Persian prayer mat from ancient Egypt 0804420244214

eewule:
Why is it only 500,000 places accepted by jamb? is it that there are not enough uni's for these students? or exam papers, halls or what? and i thought private uni's where inclusive in jamb places? we definitely need some sensible solution to resolve this issue urgently. Worst of all, education is hadly regarded in the top 5 task-list of this PDP government, (considering their responce to the earlier ASUU strike's last year.) while they send there kids abroad to study , I pity our youths, they should simply find something sensible to keep themselve going. what more can i say, The way things are going, Its now every man for himself in Naija - use what u can, who you know, what u have access to, for survival and to get what u want - as the government is simply not working.

there are only 500,000 places available

_{most university student dont have a clue what the strike of last year was really about, apart from increased salaries for their lecturers, nothing really much for the students- they just supported it blindly!}

what is the FORMAT i was not invited but i want to know the format just in case i see the venue

email me phdgraduate@nigeria.com

Dis Guy is watching

not a really my line

delcfa:
It is really saddening the situation we find ourselves. I was reading a report in one of the dailies about the present crises and I'm wondering where we are headed to.

Fine we know some of the banks took very unhealthy risks and exposed themselves to certain sectors of the economy which led to the credit squeeze that we are witnessing,the other sectors of the economy the banks can invest so as to balance their portfolio are not attracting.

We complain that the major problem the real sector is the lack of infrastructure(power, roads etc) but we have a budget that dedicates just 40% to capital expenditure and 60% to recurrent

So what are the banks to do?? continue to invest in foreign entities?? keep their money or better still by into govt securities?? how do we grow the economy with that?? how do we realise our 2020 goals??

lots of questions any comments??

Nigerian banks are lazy!! they all do the same rudimentary stuff,
they should be more vocal in setting the agenda for the government,
instead of waiting and complaining about this or that, they somehow don't realise
how influential they are, they are more interested in outdoing each other in terms of promos and advert

sad. a grown man, married to a woman asking this question

you think they want to kill you? if you are dead does it really matter where they pass the body?

Are you scared of dying lol

more like where would they get the money from?

Nigerian banks always follow the same lazy model, so don't expect them to do anything different
from what the rest are doing.  .   . perhaps bombard people with promos and raffle tickets 

some months to go,

babalawo:
Nice one all.

Thanks tkb417 for being incisive!

But what really saddens is that the while other countries are learning from the past mistakes and putting appropriate measures on ground for a more effective regulation,we here at home are just sitting down doing nothing. No body is talking about getting the system more regulated.

Seundally said the government cant allow this to happen,I bet if the full force of these exposures come down,the government will be dead helpless and at the end of the day we all pay the price ! who wants to buy the dollar for 500 naira!!!!!!!!!

tkb417:
so where is T-Cann?
lets jaw jaw

can we discuss some of the fiscal policies by our regulators as it affects business in the financial market
so who takes the first shot?

how can i get Biina here? dudu knows how to stir up convos

I'll Send him the link

tkb417:
Babalawo nice one
A lot of things affected the NSE in the years under review. . .
We had a market just like you pointed out where the regulators were asleep. They were never up to speed as regards their responsibilities.

The nonexistent bullish runs we experienced were as a result of so much manipulations from the operators, regulators and traders alike.
We had a market that a single individual could affect the fortunes of a particular stock.

The awareness of the gains of investing in the NSE coincided with the capitaization of the banks which all the banks had to partake in to raise the needed 25billion to fund expansion. The buzz word then was private placements and IPO.
The excitement was so much that every manliness and harry knew about the prospective gains of investing in stocks.

Initially, the upward movements were as a result of the fundmentals of the market and stocks. banks were being sold for between 5-10 and at that time, it was a good bargain judging from the outstanding shares and the results they were churning out and also thier forcasts.

The excitement grew out of hand and the awarenes moved to other sectors.
Then we had the mergers and acquisitions in the Oil and gas (downstream). The Oil moguls too started hitting the markets and the excitement at that time had reached a crescendo where if ure not an investor (either passive or active), then it looked like youre gonna have a bleak future

Guys like me made a kill of these opportunities. We had instances where PHB was bought for N9, and some other banks for less. Since then , these banks have given a lot of bonuses, dividends and of course, the inherent capital appreciation in most of the buys.
The smart investors with smart money had already cleaned out of the market and are only in the fundamentally good stocks like FBN, GTbank, AP, et al.

The excitement continued with the capitalization of the Insurance sector and at this point, the market was already getting saturated. I still remember guys cleaning out cos of the inefficiencies in the market. Bought Equity Assurance for 0.56k and sold for 3.8 in a record time. Can u imagine a stock gaining a maximum 5% for 2 weeks!!!!!!!!

When a company wants to hit the market to raise fresh funds, they do all sorts to push t[/b]he price up arbitrarilly in order to be able to justify whatever price they will be coming out with. Guys like me with insider information will cash in on this and make 'gains'
Guys on the streets will jump on the train when the train is about coming to an abrupt end!
Guys lose out!! As a result of this and more, the confidence in the market started to wane gradually

Another factor is[b] the ability of unprofitable and illegal coys to trade effectively on the NSE. We had cases of coys like Capital oil, Afro Oil trading on the stock market with no visibile accounts, offices and no signs of any commercial activities going on in the aforementioned companies. Interestingly, these coys were much more valuable on the market than some fundamentally tested companies. or how do you explain a coy like Afroil selling for about N15 without any audited accounts for 3 years!!
No visible trade lines, no visible business and they were selling far more than say Access Bank at that time

The sluggish regulator sudddenly wakes up to her responsibilities after millions of Nigerians have jumped on the moving train once again!! They jumped on the Afroil train because a week will not pass without these coys posting impressive bullish runs.
However, the irregularities in these coys were discovered and the regulators without prior warnings decided to freeze all activities in these quoted companies with plenty millions of Naira from the unsuspecting public in frozen
yet again, the investor confidence in an emerging stock market continues to wane!!!!!!

Apparently, we had a lot of foreign investors that had come to dump thier billions in our market as a way of improving on the lean margins they were used to in the developed countries. The NSE then was posting impressive returns and it will be foolhardy for any smart investor not to come and invest in Nigeria. These stupidly smart investors came into the country through our banks and horay, we had too much funds within the banking system.

Our banks yet happy again to have access to huge funds started Retail banking at the speed of light. Awash with cash, the bullish runs on the NSE; the banks devised so many credit systems that found their way to the stockmarket floor of the NSE.
Margin lines were created by these banks to lend to customers to trade/invest short and long term.
Nobody envisaged any problems and alas, their came the subprime problems in the US, the financial crisis that culminated in the meltdown in the west!

At a point, we thought the Nigerian market was insulated to the happenings in the developed economies but it wasnt long enough that the bubble started bursting even in Nigeria.
The foreign banks that came with so much money had to run to Nigeria to take out their funds and hence the fatal stockmarket crash in nigeria.
It was so fatal that some companies that were valued at more than N20 now go for less than N2.

Its unfortunate that with the colossal loss of capital that had taken place, some of our banks are still posting very impressive results
one begin to wonder where all the money they lost to the margin accounts, the credit cards and the direct investment they did on the NSE are not affecting thier results?

For those that have chosen to learn from the NSE imbroglio, it is high time we started making informed decisions as to what and where to invest and where to keep your money.
Do not be deceived that some of our banks cant go under. Wachovia and L.Brothers have gone under and they were bigger than our banks all together.

This is not trying to be a naysayer but just wondering aloud why we have so much prosperity in the banks even in the face of what had happened to their hard earned funds in the NSE

I hope the CBN is not following the footsteps of the SEC and NSE
The CBN should be up and doing to save the Nation from any impending banking crisis.

was reading this yesterday and I thought back to the thread on Sanusi shattering confidence in the banking sector,
I laugh in co.ckney

Bros you know we have to import the sand and machinery from all over the world including the experts who will design the tarmac in his 7* hotel room in Dubai 

any clues on the health portfolio?

his Jonathan dude is a big time maga!! Yaradua's list is 10 times better than this

lol @ people making excuses for Jonathan - he is a weakling probably the weakest fi-de-he we ever had

[size=18pt]Identity Correction


Impersonating big-time criminals in order to publicly humiliate them. Our targets are leaders and big corporations who put profits ahead of everything else.[/size]

-the yes men

honeric01:
Well my real team (insurance of Benin) are 2nd of the table and might be able to make it back to the premier league come next season, i am praying it happens.


As for Kwara making it to the continent (confederation cup), you failed to mention Rangers, Wolves and Heartland, these are clubs that are ready to shove Kwara off the 3rd position so you need more prayers bro.

what's the format of league One? is it still group A and B or is it now combined? i think they were separated into northern and southern groups or something like that before

I didn't mention rangers, wolves and Heartland cos they are all similar- not as stable, they also don't get points from away games as much Kwara utd, wolves and heartland played more games this season with travel on the continent so they will soon hit 'the wall' na so so draw galore them go get at some stage even at home

They should increase the number of teams going for CAF championship to Four and the next three to confederation, that way nigerian league teams will have more exposure

Gadaffi: Nigeria deports 1000 Libyans

Gadaffi Bombs nigerian embassy in Tripoli, dumps 5000 illegal Nigerians in sokoto

Bello Tackles Dora

Vanguard: Dora escape Northern Cabal Missiles-southern senators looks on

D-Day for ministerial nominee: forgets his own name

'Bow and Go' resumes in senate house

Back to sender

The other teams aren't as stable as kwara utd, Niger are having problems off the pitch and they rarely get a point on road


3SC are not difficult to beat, the get a good run of result them gbam they get hit by a train bringing in 8 news players at once- doesn't say much for a proper team

On the weekend that nigeria is playing an 'international' one would expect the league to be on hold for a few days
even with players in title chasing and relegation battling teams drafted in--nigeria is really jacked up!!

good thing the Afonja warriors won if not i for don change citizenship

ghettochyk:
"how do you mean?" wth?!! How do you mean what?!! what happened to "what do you mean?"

I think this is correct when you are explaining a particular procedure/process

Hospirall = hospital = popularised by Saidi Balogun nigerian actor