₦airaland Forum

Most beautiful soul

Who is your most adorable Nigerian actress, of all time?

Dapson73:
Maybe you meant Biafra president.

suffer never tire you?

Thank God that Nairaland is an Anonymous platform. If not...

CBN TO SELL POLARIS BANK FOR N40 BILLION TO AUWAL GOMBE, IBB’S IN-LAW, AFTER RESCUING IT WITH N1.2 TRILLION
The Central Bank of Nigeria is proceeding secretly but firmly to sell Polaris Bank Ltd to an obscure businessman for roughly N40 billion, according to multiple sources familiar with the ongoing talks. The transaction, if it goes through, would amount to a paltry three percent of up to N1.2 trillion taxpayers’ funds poured into the lending house since its 2018 nationalisation.
CBN Governor Godwin Emefiele has already received a presidential approval to advance the sale, with public disclosure due any time soon unless backdoor objections grow stronger, Peoples Gazette understands.
At issue over the deal were questions of whether or not the bank should be sold to Auwal Lawan Abdullahi, a son-in-law to Ibrahim Babangida who holds the Sarkin Sudan Gombe traditional title from the north-eastern state, despite his limited credentials in banking and finance.
Mr Abdullahi was described as a commercial farmer in Gombe, but his public profile appeared scanty away from his flamboyant 2017 marriage to Halimat, the second daughter and last child of Mr Babangida, who headed a dreadful military junta that ruled Nigeria from 1985 to 1993.
Insiders also argued Mr Emefiele and others scheming to close the deal in a hurry for N40 billion could squeeze more for Nigerians by listing the bank for sale publicly rather than the prevailing opaque moves that would all but benefit only those midwifing the backroom negotiations.
Bad bank buyer AMCON has legal obligations to list the bank for sale publicly, but its directors told The Gazette they have limited say in the talks and that the corporation’s MD, Ahmed Kuru, may be tagging along with the CBN. “The governor basically handicapped us,” an AMCON top chief told The Gazette under anonymity to avoid being victimised for speaking to journalists without institutional approval. “We saw that the governor has deep interest in the sale and everyone fell in line.”
Polaris Bank was nationalised in September 2018 after AMCON bought its debts. It was known as Skye Bank until the takeover. But AMCON has not been able to sell the bank to investors since the takeover, which was precipitated at the time by the financial crisis, recession, of 2016 and 2017.
Four years on, and as the Buhari administration marches out with Mr Emefiele more likely than not to go with it, desperation to sell Polaris was writ large in recent weeks, people familiar with the matter said, and President Muhammadu Buhari has reportedly taken sides with the CBN leadership and other wheeler-dealers involved. “Emefiele and others convinced the president to grant approval for the sale and they’re now moving to crush anyone standing in the way,” a source briefed on the matter said. “They don’t seem to care that they could do more than sell the bank for more than the roughly N40 billion offer they currently have from their secret talks.”
The sale could see Nigerian taxpayers lose around 97 percent of state investment in Polaris. As of December 2020, AMCON investment in the bank stood at N848 billion, per company filings, with insiders saying an additional N350 billion was poured in between January 2021 and July 2022. “The loss is too much,” a source said. “They should have allowed the bank to fail, but they plunged more Nigerians into poverty instead by investing public funds into a bottomless pit.”
A spokesman for Polaris directed all enquiries to CBN, saying the bank’s management had nothing to do with the sale. A spokesman for CBN did not return multiple attempts to obtain comments on the matter. Edward Adamu, head of AMCON who also serves as one of Mr Emefiele’s deputy governors at CBN, also did not return requests seeking comments about the deal.
Polaris is the latest AMCON adventure that may prove loss-making since its involvement in three other failed banks in the 2010s — Mainstreet Bank, Keystone Bank and Enterprise Bank. The federal asset management agency was established in 2010 to absorb bad bank loans following the 2008 global financial crisis.
But AMCON’s performance should not be gauged solely on how much it spends saving a commercial investment, said economist Edward Omosewe. “Generally speaking, government interventions like AMCON are put in place to save jobs and businesses,” Mr Omosewe said. “While it might seem easy to say a large amount was injected into a business to save it, it would be difficult to quantify the overall economic benefits of jobs saved, direct or indirect, as well as other businesses standing because of the bad loans purchased by AMCON.”
Notwithstanding, Mr Omosewe said AMCON would be more successful if allowed to operate under a transparent environment. “Transparency and accountability will substantially eliminate insinuations about corruption,” the economist said. “AMCON and CBN should encourage potential investors by conducting sales of nationalised businesses like Polaris in a manner that is evidently free, fair and less opaque.”

Salewa97:
I like Tinubu because I would like to see the type of transformation in Lagos in other parts of our nation. I believe he can employ the right personnel that would steer our nation to glory.

Vote Jagaban!

But Obi has been the one asking us to go and verify naa.

ThrownBack:
Tinubu must have a very strong heart, a lot of people receiving these kinds of shocking news would have committed suicide

As old and sick as Buhari is, he still walks erect. How come Tinubu always walking in Italics? That man should die this year 2022.

tosyne2much:
[/b] That's very true. I have seen cases when a mother told her daughter to bring the highest bidder home for marriage

10 Confirmed Fact About Sex and Why You Should Have Sex Often
1 . Having sex relieves headaches. Every time you make love , it releases the tension in the veins of the brain.

2 . A lot of sex can clear the stuffy nose. Sex is a natural antihistamine . It helps to fight against asthma and spring allergies .

3 . Making love is a spectacular beauty treatment. Scientists have discovered that when a woman has sex , it produces a large amount of estrogen that gives shine and softness to hair.

4 . Sex is one of the safest sports. Make love often strengthens the muscles of male and female body. It’s more enjoyable than swimming 20 laps in the pool and there is not need special shoes!

5 . Make love slowly , smoothly and in a relaxed way reduces the chances of suffering dermatitis, skin rashes and acne . The sweat produced cleanses the pores and makes your skin glow .

6 . Lovemaking can burn all the calories you have accumulated during the romantic dinner before bedtime.

7 . Sex is a divine remedy for depression. It releases endorphins into the bloodstream , creating a state of euphoria and leaving women and men with the feeling of being unique.

8 . Sex is the tranquilizer and muscle relaxant to a safer world . It is a thousand times more effective than Valium .

9 . Sexually active body releases more pheromones. .

10 . Kissing each day will keep you more time away from the dentist . Kissing is an art which makes the cleaner teeth and saliva reduces the amount of acid that causes tooth decay . This prevention eliminates many problems , in addition to offering a breath constantly renewed !

BreakingNews21:
How will his soul rest in peace after suffering that trauma in this realm? Fornicating and sharing some bad energy infused women is bad business. And spiritual curses have no international boundaries. We should all strive to live right and do more good than evil.

Why was he murdered? What was the real beef between them? People do not just kill unless they are provoked. What did he do to the white man that provoked him so much? I wanna know.

But that killer should be brought to Aba. Precisely Abiriba. E get why.

Emmaari:
My boss will always emphasize in our general meeting and will not fail to mention piple that always thank her every month after receiving their salary, I will be like thanks for the reward of my hard work? The only way I should appreciate you for my salary is putting more effort, sometimes despleasing myself to contribute my quota to make the company excel.

I always tell people who care to listen. Employer Employee relationship is not that of equality. It is a subtle senior junior relationship. (I deliberately avoided using the sensitive words Superior Inferior).

While it lasts, your employer is more beneficial to you, than you are to your employer. Most times, your employer can easily replace you. But can you easily replace your employer? A lot of people who were once employed are jobless today simply because they failed to realise that employer Employee relationship is not that between equals.

If thanking your boss for salary paid is how you can keep your job, until you get a better life elsewhere, do it. It won't kill you. Life no be always gra gra. Sometimes just use sense and climb to the topmost ladder.

Dajjal:
Thank him for what?

For giving you a job. And for keeping you in the job.

SteveDGreat:


No peace for the wicked.

I can't wait when Peter Obi will start visiting big Churches when they are having their Annual crusades.

*PVC PRAYER*
May the PVCs of those who struggled to have one, earn them Victories of David's Sling and Gideon's 300. For those who struggled but couldn't, your ObiDient intentions will inspire same victory that fell the walls of Jericho without Arms. For those who will use their PVCs disObiDiently shall merit the very consequences of their choices. For those who sold their PVCs shall inherit their Prefered portion of slavery. For those who will maliciously use their PVCs, Party, INEC, Money, Power etc to attempt to plunge Nigeria into darkness, *they shall have their blood Licked by Dogs on the open and their souls forbidden from Spiritual rest for all eternity.*
I Declare this in the NAME of JESUS the CHRIST,
ELOHIM YAHWEH, ADONAI, GOD OF THE UNIVERSE.
AMEN.

UDOKABESTLUV:
Previous thread: https://www.nairaland.com/7253139/yahoo-boy-murders-girlfriend-bayelsa



https://m.facebook.com/burabarikan/videos/748603569723048/

Children did not ask to be born. When you decide to have children, you must be ready to take full responsibility for those children. They are beautiful creatures. You do not bring them to this world to suffer. You do not bring them to this world for anybody to take care of them. You brought them. Then stay with them, and do the work.

itzzkhaliii:
Politicians and their wahala.

I get touchscreen laptops,you fee patronise our hustle.

Protesters are planning to stage a demonstration outside the Nigerian embassy in Lesson Park, Dublin, the capital of Ireland following the sentencing of 3 gay men to death in Bauchi state, last month.

This was disclosed by Gay Community News (GCN), Ireland’s longest-running lesbian, gay, bisexual, and transgender (LGBT) publication.

Recall that a Sharia court in Ningi, Bauchi, in northeastern Nigeria said the trio of Abdullahi Beti, 30, Kamilu Ya’u, 20, and Mal. Haruna, 70 — were arrested in the village of Gwada on June 14.

After hearing the statements by witnesses as well as the admittance of guilt by the accused, Judge Munka’ilu Sabo-Ningi on June 30 sentenced them to death by stoning under Section 134 of the Bauchi State Penal Law of 2001 and a provision of Fiquhussunah Jizu’i, a book that is used to interpret Sharia law.

The verdict was announced by the leader of the Hisbah religious police force, Adam Dan Kafi, on July 1, after the three men confessed.

As the three men await their execution, GCN said a protest is slated to hold at the Nigerian Embassy this evening, Thursday, by 6 pm, to protest the execution of three Nigerian men found guilty of homosexuality.

Reports also revealed that none of these convicts had any legal representation in the court that found them guilty.

LGBTQ+ activists are worried that this judgment may lead to an increase in homophobia in the country which already perceives a lot of hostility towards LGBTQ+ people.

According to a report by the Thomson Reuters Foundation, William Rashidi, director of LGBTQ+ rights group Equality Triangle said, “This sentencing opens the door for more draconian judgments against LGBTQ persons. It’s a call for violence.”

He continued, “With this judgment, the times have been rolled back. (It) affects the very essence of freedom of expression and association. People have been given some sort of rights to attack, maim and violate LGBTQ+ persons.”

The three men were given 30 days from June 30, when they were sentenced, to appeal the decision.

If our man changes party, we rejoice. But when another person changes party, we criticize them. Let us be objective always.

LordMangekyo:
You must be a Tinubu supporter
https://i.lensdump.com/i/tmuyW5.gif

Lol

Nickymezor:
Do you have what it takes? Anyway hope you have ur PVC or have gone to register for it

Whossaai?

Were they both missing at the same time? I wan check something first.

Politicians must be banned from changing political parties until after 20 years

All of them naa scammers

fados4sure:
Follow the screenshot below to increase your limit. Click transfer and at the top, you'll see increase limit

It may or may not work for you because my account is tokenized

Thanks. I have increased the limit to N10,000,000. not like i have like that sef. But just to see if even N10,000 can go. Still the same thing.

fados4sure:
Do you mean benefits of Token, OTP or card?

I can't transfer even 1 kobo. This is the error message I get on the useless GTWorld app.

What is the solution?

What is the solution?

Brarrie:
civil engineer 08077502963

The link has expired

What are the implications of using GTWorld OTP, token, or card during sign up? What does each of them entail as regards to limits of transfers?

What are the implications of using GTWorld OTP, token, or card during sign up? What does each of them entail as regards to limits of transfers?

What are the implications of using GTWorld OTP, token, or card during sign up? What does each of them entail as regards to limits of transfers?

What are the implications of using GTWorld OTP, token, or card during sign up? What does each of them entail as regards to limits of transfers?