Business › Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:17pm On Feb 09, 2017 |
There is no free lunch even in Freetown. Government should stop accumulating debt under different guises, we are saddled with enough unprofitable debts as it is. |
Business › Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:15pm On Feb 09, 2017 |
PassingShot: The main difference from the conventional borrowing is that the bond issuer determines the interest rate and tenor whereas the lender in the case of borrowing dictates the repayment conditions. That is absolutely incorrect. Bond issuer needs money, without which he will go bust. People put money into the bonds, there is a set time the bond issuer must pay them back. "Conventional borrowing " to use your words, the "bond issuer" instead of raising bonds approaches a bank, gets a loan and there is still a set time he/she must pay back. Bottom line, Bond issuer MUST pay back the money. So therefore borrowing is borrowing. |
Business › Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:06pm On Feb 09, 2017 |
Jacobx007: BOND A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debtholders, or creditors, of the issuer. Thank goodness there are informed people here. "bond is different from borrowing..." what won't one see on this Nairaland? |
Business › Re: Nigeria’s $1 Billion Eurobond Oversubscribed By 7 Folds by ephi123(f): 9:04pm On Feb 09, 2017 |
PassingShot: Bond is different from borrowing. Help yourself instead of wasting away online. You truly are a financial illiterate, if you say bond is different from borrowing. This is investopedia below for free. Just as people need money, so do companies and governments. A company needs funds to expand into new markets, while governments need money for everything from infrastructure to social programs. The problem large organizations run into is that they typically need far more money than the average bank can provide. The solution is to raise money by issuing bonds (or other debt instruments) to a public market. Thousands of investors then each lend a portion of the capital needed. Really, a bond is nothing more than a loan for which you are the lender. The organization that sells a bond is known as the issuer. You can think of a bond as an IOU given by a borrower (the issuer) to a lender (the investor).
Of course, nobody would loan his or her hard-earned money for nothing. The issuer of a bond must pay the investor something extra for the privilege of using his or her money. This "extra" comes in the form of interest payments, which are made at a predetermined rate and schedule. Read more: Bond Basics: What Are Bonds? | Investopedia http://www.investopedia.com/university/bonds/bonds1.asp#ixzz4YDiiiqyu Follow us: Investopedia on Facebook |
Politics › Re: Nigerians React To New Photos Of Buhari In London With Tinubu And Akande by ephi123(f): 7:30pm On Feb 09, 2017 |
AfroSamurai: Let's wait and see. I know for sure the nigerian political elite know majority of Nigerians are half wits and lack the capacity to ask the right questions.
This is why they can attempt such stunt. Let the president address the nation and put an end to this media propaganda about his state of health.  Haba! Beht why?! |
Travel › Re: BREAKING: FG Takes Over Arik Airline - Vanguard by ephi123(f): 5:05pm On Feb 09, 2017 |
mu2sa2: Truth is bitter. I know you don't even know what truth means. |
Travel › Re: BREAKING: FG Takes Over Arik Airline - Vanguard by ephi123(f): 4:01pm On Feb 09, 2017 |
mu2sa2: Good that a hausa/fulani Muslim northerner is out to save a business outfit owned largely by southern Christians. Regionalists, tribal bigots, religious extremists, terrorists (aka militants) should learn a lesson or two from this. Just keep shut. You are the only one lacking enough common sense to bring your rubbish tribalism talk here. Did anyone ask you? |
Politics › Re: 2019: PDP, Seven Other Parties Discuss Alliance by ephi123(f): 3:42pm On Feb 09, 2017 |
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Politics › Re: Charly Boy, Sowore, NLC Protest In Lagos Over Economic Hardship (Photos) by ephi123(f): 2:53pm On Feb 09, 2017 |
Enough pressure must be put on this government, otherwise the suffering will multiply in leaps and bounds. |
Politics › Re: Charly Boy, Sowore, NLC Protest In Lagos Over Economic Hardship (Photos) by ephi123(f): 2:44pm On Feb 09, 2017 |
[s] PassingShot: "Over 20 billion dollars unremitted to the Federation account, Nigeria's economy will crumble if nothing is done." ~ Emir Sanusi Lamido Sanusi
"Whoever wins 2015 will never find it easy. Over 30 trillion is mismanaged, unaccounted for or missing under Jonathan." ~ Prof Charles Soludo http://leadership.ng/news/408685/soludo-fires-okonjoiweala-n30trillion-stolen-watch
"Our reserve is depleted and our savings squandered. Our nation is in trouble." ~ Dr Oby Ezekwesili.
"For seven months, NNPC did not remit any money into federation account. When I called as a sitting governor and major oil producing state, Deziani Alison Madueke refused to take my calls." ~ Godswill Akpabio
"I wanted to save but Jonathan had no political will. That is why we are in crisis, because we squandered our boom." ~ Okonjo Iweala
"Sanusi urged us to save but we state Governors refused to save for the unseen future during the tenure of Goodluck Jonathan, despite warning from economic experts." ~ Peter Obi
Our present economic position is purely as a result of "Cause & Effect". How on God's earth is it so hard for us to understand, the warning signs were there all along. [/s] Usual rubbish. Nothing tangible ever comes out of your mouth. |
Politics › Re: Budget Funding: FG Set To Borrow Another N110bn Via Local Bond Issue by ephi123(f): 10:45am On Feb 09, 2017 |
Borrow borrow borrow but zero impact. |
Politics › Re: APC Saved Nigerians From Poverty, Hunger –minister Of Niger Delta. by ephi123(f): 9:40am On Feb 09, 2017 |
[s] PassingShot: You're lacking in basic economic principles to understand how currencies value is determined.
If not, you'd know and understand that Nigerian Naira was already dead and buried by GEJ and his fellow thieves before PMB came.
If not for PMB, many of you would have actually died of hunger. A simple reference is the fact that 29 states were owing their workers for several months before PMB came. It was PMB who had to provide bail-out funds for those states to save the workers and their dependants from hunger that could have sent them to their early death. [/s] |
Politics › Re: Ex-minister accused of fraud fails to secure court permission to travel abroad by ephi123(f): 9:38am On Feb 09, 2017 |
Good.
Everyone (including we know who) is running "abroad", no more of that abeg, we are all in this together. |
Politics › Re: Extension Date Not Stated In Buhari's Letter Of Extension - Senate by ephi123(f): 10:36pm On Feb 08, 2017 |
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Travel › Re: 12,000 Nigerians In Germany Face Likely Deportation- The Leadership by ephi123(f): 12:22pm On Feb 08, 2017 |
doubletroublmum: Hi. Im working with refugees in germany and partly its true that government wants to send some nigerians out, but not all at the same time. Second there is no division between christian and muslim nigerian, they are all facing the immigratiin law.
Let me tell you one mistake, nigerians make, that i have seen: They dont integrate. You see loads of nigerians living aduro for years and they refuse to learn german, only stay within nigerian people. And most nigerian women never work here, never school. So goverment should pay social forever? Sure they are send out...
Sorry if i sound unkind, but thats the bitter truth...if you integrate, work and learn yiur chances get better. Also single mothers with small children under 3 yrs stand a goid chance of getting s permanent stay... You don't sound unkind at all, you are simply saying it as it is. |
Politics › Re: Impeach Yar'adua Now - Buhari Told Law Makers In 2010 (Throwback) by ephi123(f): 11:37am On Feb 08, 2017 |
BabaRamota1980: You did not understand what he said there. YarAdua had failed to abide by the constitution and thus left a vacuum which inadvertently led to chaos. Buhari was calling for intervention from House of Reps (the people have the mandate to impeach a president if he has failed to carry out the obligations of oath)
In Buhari's case there's no need for intervention, he has already done what is constitutionally required ahead of his incapacitation.
Do you get it now?
Few years from now we will look back and realize that Buhari is a father and blessing for the nation. The man is very transparent.  |
Politics › Re: "Buhari Not Sick, Only Exhausted By Problems Affecting Nigerians" - Abu Ibrahim by ephi123(f): 11:27am On Feb 08, 2017 |
sweerychick: Then he should do the needful by resigning.. clowns ! Tomorrow Una go come bring another story about PMB, maybe this time he went on honeymoon  at what age?! hahaha |
Politics › Re: "Buhari's Situation Is Not Like Yar’adua’s Situation" – Femi Adesina by ephi123(f): 11:05pm On Feb 07, 2017 |
StOla: That is why I wonder why people are so worried(happy) about the President's health.
He has handed over to the VicePresident who is now acting. Let his family worry over his health privately. The day he took his oath of office he stopped being a private citizen, so Nigerians are rightly entitled to know the state of the No 1 citizen of this country. |
Politics › Re: "Buhari's Situation Is Not Like Yar’adua’s Situation" – Femi Adesina by ephi123(f): 11:03pm On Feb 07, 2017*. Modified: 10:12am On Feb 08, 2017 |
Spidermon: None of your examples were bed ridden during their tenures. Infact they were up and doing and did a lot for the US.
Pls dont dishonor their memory by comparing them with Buhari.
I wonder why you APC drones will go to any length to rationalize this regime's foolishness. Shame on you. Imagine putting Buhari's name in the same paragraph as those great leaders. Error of the highest order. Those men all served their countries diligently, none of them ran their economies comatose. |
Politics › Re: ‘buhari Not Sick, Only Exhausted By Problems Affecting Nigerians’ by ephi123(f): 10:52pm On Feb 07, 2017 |
uboma: What a silly comment coming from Senator Abu Ibrahim.
So PMB is only exhausted from the problems affecting Nigerians. This is why he had to travel overseas to rest. So what happens to the millions of Nigerians who are affected by the slow pace and inaction of PMB's administration? Where do we travel to? Nigerians need the rest more than PMB if his sole reason is being frustrated by the problems affecting Nigerians. PMB could not even maintain the tempo he met the economy but has further worsened it and all his cohorts can spew is thrash. That's the key question. |
Politics › Re: President Muhammadu Buhari, Past And Present (in Pictures) by ephi123(f): 10:51pm On Feb 07, 2017 |
Nigerians, behold the man who has caused so much hardship to the country.
I really wonder what is there to celebrate with these pictures? Absolutely nothing. |
Politics › Re: President Muhammadu Buhari Critics Are Impatient, Selfish – Govr Bello Masari by ephi123(f): 10:44pm On Feb 07, 2017 |
nerodenero: I appreciate your tenacity towards defending Bubu. The hardest job now is defending him, even Tinubu can't sell Bubu for N5, so I appreciate your effort but I am tempted to believe you're being paid. Hunger is real but you are not hungry yet but you will be if you continue like this.
Quick advice: Quit supporting polithiefcians. The Buhari you want to die for isn't different from the Fisherman, Baba Iyabo, Mai White goaty and the evil genius. Their interests is all that matters to them.  |
Celebrities › Re: 2face: I Watched With Tears In My Eyes As Nigerians Came Out Protesting by ephi123(f): 10:34pm On Feb 07, 2017 |
Btruth: English master. Thank you....but I'm not here for that now. meanwhile, all your corrections are noted. Classic response. |
Politics › Re: Extension Date Not Stated In Buhari's Letter Of Extension - Senate by ephi123(f): 9:43pm On Feb 07, 2017 |
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Politics › Re: Extension Date Not Stated In Buhari's Letter Of Extension - Senate by ephi123(f): 9:10pm On Feb 07, 2017 |
lastpage: You people are damn stewpid!
You chose what to throw-up about Mr. president, so as to attack his character!
Yes the President at 73yrs is ill and needs medical attention (I hope some of you have Parents who will live that long ...if you yourselves will live to half that age! )
He needs to undergo surgery for an ailment he has been nursing for sometime but he is not ready to stay-put, out of work for the recovery/convalescent period, (which Doctors have put at 3 - 4Months!). It is said that the longer he postpones this treatment, the more he exposes himself to irreversible damage!
This is the long and short of the whole Cat & Mouse game.
So, it is not just about "Test Results" for some diagnosis.
IMO, l think the President should put his health first and foremost, take the "time-out" but be kept abreast and make inputs into Governance as much as his health will allow. Nigeria will remain (and thank god he has a trusted and 'cerebral' V.P. in place) for a long time.
Sai Baba, dont disappoint us now, we need you to be hale and hearty to finish the good job you started. Those who wish you dead, are the ones that recession will kill first! 
Speedy recovery, Mr. President.
Lastpage! All this epistle for what? To defend someone who doesn't even know (or care) you exist. |
Politics › Re: Wait For Four Years Before Judging Us- Amaechi by ephi123(f): 10:25am On Feb 07, 2017 |
Is this a leader? Very uninspiring man with obviously nothing in his head, nothing to offer the country. |
Politics › Re: James Ibori, Uduaghan And Okowa In Football Kits (Throwback Photo) by ephi123(f): 5:58pm On Feb 06, 2017 |
Association of thieves  |
Politics › Re: PHOTOS: #istandwithnigeria Protest In Uyo by ephi123(f): 5:53pm On Feb 06, 2017 |
kings09: Not surprising. Just de do ur job. U must be really paid well Paid peanuts for a disgraceful shameless job. |
Politics › Re: Tinubu Addresses #istandwithnigeria Protesters Led To Him By Moremi Ojudu(video) by ephi123(f): 4:47pm On Feb 06, 2017 |
kolnel: Even buhari himself will rather stand alone Only a sycophant will be happy with the way things have turned too just within two years Recession has turned to depression People can hardly eat one meal daily Buhari change has turned to a nightmare Very true. It is unbelievable that things could go so badly in just 2 years. |
Politics › Re: Some #istandwithbuhari Supporters Were Promised #1000 To Show Up - TVC by ephi123(f): 4:44pm On Feb 06, 2017 |
[s] NgeneUkwenu: Buhari wasn't president when factories in Ikeja began browning off and selling their facilities to churches.
He wan't here when 80% of SME died away and the rest went on life support.
Buhari wasn't president when landlords were being watched charging rent in US dollars and stores were selling in hard currency.
Buhari wasn't president when wheat farming collapsed and Cote d'Ivore overtook us in Cocoa production.
Buhari didn't destroy Iwopin paper mill or ALSCON in Ikot-Abasi, a single factory that at a point brought in 30% equivalent of what we got from oil.
Buhari didn't take us from net exporter of oil palm products to lazy importers of the same.
Buhari didn't make us importers of petrol and diesel nor is he responsible for killing of the textile industry.
He didn't destroy our forest resources or ran down power stations like Egbin until only three out of twelve turbines work.
People shout policy but there is no policy that can transform a 'post-war' economic environment with the snap of the finger and government should just tell the people that this thing is what it is.
Government also has to water down expectations on oil prices ever rising above 55 dollars because it is just not possible in the age of Shale and renewables.
This nation is cornered and it has no choice than to reform it's lifestyles and go back to work.
It has to reform it's justice system such that it can jail it's thieves and reward those who do things right. We are refusing to allow hardship nudge us in the right direction but prefer to explain our woes as a personal failure of Buhari to draft policy from sheer air.
They were trampling people to death on job queues before he came on board.
Where are your farms to save you from food importation or your refineries to save you from seeking dollars to import fuel?
Where are your schools to educate your children without sending them to foreign universities when you can afford it?
He isn't two years in control yet and I believe he deserves a little more understanding given the gradients of the point where he took over.
Buhari met all these things that way, plus a devastating war that devoured the nation from a region and we have the choice of working with him to restore and rebuild the country or allow ourselves to get us into false sentiments, take advantage of us to return us to the years of the locust. [/s] Take accountability for once in your life. Buhari wasn't this, Buhari wasn't that yada yada yada, who is the president right now? Is it not Buhari? If things were going well would you not have been the first to acknowledge it was Buhari who turned things around? Now that he has turned out to be an abysmal failure you are here typing epistle. Leadership is about accountability and taking ownership, stop being such a coward |
Celebrities › Re: Mercy Aigbe Protests, Pictured At National Art Theatre With Others by ephi123(f): 4:27pm On Feb 06, 2017 |
sdindan: This one Is a man
and 2face is now a woman.  |
Nairaland General › Re: Hungry Man Collapses On A Highway In Owerri (Photos) by ephi123(f): 4:21pm On Feb 06, 2017 |
Neduzze5: No mind am. You missed this one;  |