₦airaland Forum

ruffhandu:
I agree my dear, but make dem sha increase am. Na dem cause the uselessness of naira.

InfoGuru118:
https://news360ng.com/breaking-binance-executive-reveals-names-of-nigerian-lawmakers-who-allegedly-demanded-150m-bribe-to-free-him/

erniok:
In all these,NCC is super quiet. Abi they don take money throws Nigerians under the bus?

OLUENTA1:
Glo, Airtel and Ghost 9mobile should take the advantage of the Nigeria mobile telecoms imperial leader(aka mtn) by focusing on network improvement and slight adjustment or no adjustment at all

LibertyRep:
That's not fair, MTN.

76% increment in one swoop is not fair

ruffhandu:
Not too bad. This is where we have found ourselves. One of my challenges was that the government found it difficult to double workers salary. If someone had told our fathers that a time will come when the whole salary earned by a government worker will not be able to buy a bag of rice they would never have agreed.

motymop:
There are lot of metrics to know if a bank is big or not but i will use total asset, customer base and also asset under management(asset they manage for clients

A bank's total assets are the sum of all its financial and nonfinancial assets. This includes cash, loans, securities, and reserves.

what is the customer deposit?, they are actually liabilities but then again, they are a source of liquidity for a bank.

the biggest bank in South africa SBG has $170 billion in asset while GTB, our biggest bank in Nigeria has $1.12b in asset

SGB has19million customers and manages more than $81b in asset, GTB has 32.8 million customers and manages $219m in asset

even if they naira was strong, SA banks will still be bigger because they have more liquidity and asset

Abufo:
A banks size is better measured by its balance sheet and deposits........too much mago mago in the nigerian stock exchange!

Saturnalia:
The gorimapa head of the person that compiled this nonsense list is not correct.

Why is No. 6 and No. 8 duplicated with contradictory figures?

Or do you think this is your Facebook & WhatsApp groups where you just pull out figures from your anus & disseminate to the gullible public?

Anyways, I don’t believe any of these doctored figures from this nonsense compilation; because there’s no Corporation or Business in Nigeria that thrives without perpetrating one form of fraud or the other.

Zenith Bank is a good example. (Stealing & Diverting customers dividends & shares. Case in Point - Zenon Petroleum and Aquitane Oil & Gas both sued Zenith Bank for diverting their shares). And I know that ALL THE NIGERIAN BANKS are doing it.

mukthar2000:
Op, Do u understand what economics was all about?
Come to think of it, what do u think dangote was doing to crash his petrol price again the once independent marketer import to Nigerian?

What do u understand when dangote deal with savanna sugar to favor his own dangote sugar?


What do u understand when dangote did his underground work with President OBJ then to withdraw all licenses of some cement company like ebeto cement, Ashaka cement. Uncem cement etc to favor dangote cement.

Op, what do u understand by competitors B4 I speak fourther with u instead of wasting my precious time here with u.

mukthar2000:
Nice move, more competitors needed to break the monopoly in that sector for to enable an common Nigerian man to avoid the fuel price as low as #50 per litter.

delugadou:
The guy is playing hide & seek with nnpc. When they import, he will slash price. When they buy from him, he will increase price.

UKEMY:
This Man should crash his price to #500

Mathewrichard99:
That's great, competitive market is good.

Please guys, I bought this fuel yesterday into my car and also bought into keg to be used for generator.

Upon my trying to dispense into the gen, please view what I saw, doesn't smell like fuel and very reddish like all those fruity juice.

I had to pour some into this small plastic to be able to ascertain what I bought into my car and already pour into my generator.

The NNPC retail outlet is at.....along Airport Road, before SARS Junction after Obirikwerre roundabout. Port Harcourt, Rivers State.

Is this what you get NNPC when you blend fuel?

I just want to be assured that my car engine is safe as well as my health and ofcourse my generator engine.

This is absolutely unbelievable.

It doesn't have any smell of petrol at all.....

@NNPC retail outlets.....

EmmyOD:
You guys still subscribe from these network providers when there are social vendors that sells cheap data that lasts ?
Have you tried Najel ?
https://www.najeltelecomservices.com/

daveP:
Wicked telecoms. Evil lots. They don't care one bit about consumers. All about pockets. And leaders see civil protests as evil. Smh

Maxymilliano:
Nigeria is about the only country where prices get increased anyhow and anytime without the masses doing anything, in some clime a little increment in the price of any essential commodity receives corresponding reaction from the people, but in Nigeria we all grumbly accept everything which is why our leaders are taking us for granted.

flokii:
PBAT should please do something about this sudden surge in prices of goods,commodities and services.. how do Telcos expect Nigerians to cope with 200% increase in prices of data bundles?. Those with online jobs and even SMEs who depend on data won't find it funny atal.
Soon you'll have to pay #150 to get #100 airtime on your line. This is not good atal, Government should sit up and look into this matter else Nigerians won't continue with APC in 2027.
This is part of the reason for high crime rates across the country when people have nothing left to feed on.

Pojomojo:
Do you think at all? It's a general increase on all Telco. Do you even read the news at all?

Mamaafrik1:
Just Google search China iron dumping strategies in Europe.


It's simple economics

Apel147:
So subsidy should come back then? Because a barrel of crude is not sold differently anywhere in the world! Even if we have 100 refineries the prices can't go lower than they should be except govt is subsidizing or dangote n likes decides to buy, refine and give it freely to Nigerians! What happened to the secret subsidy that you are enjoying on imported petrol?

Mamaafrik1:
Obviously we need grant more licences to refiner so as to obtain unhighly competitive markets .
In Nigeria and I see a lot of the price of these commodities Going down if these step is taken.

Edygrin:
A former Provost Marshall of the Nigerian Army, Maj-Gen Pat Akem-Vingir (retd), says the military needs at least 500,000 personnel to eliminate terror groups like Boko Haram and the Islamic State West Africa Province (ISWAP).


https://www.channelstv.com/2025/02/07/military-needs-500000-personnel-to-defeat-insurgency-ex-army-provost/

eazzzy1:
How much was naira to a dollar when your beloved PDP took over the reigns in 1999? Let me help you. It was #26 naira. By the time they got kicked out it was #216. That’s a percentage change of 731%. Meaning it X 7 in the PDP era, despite subsidy.

APC has done 640% despite floating. It’s equally bad but not comparable. Leave politicking asides, by that simple maths the # will be about the same amount it is now if the PDP remained in power despite subsidizing.

zero8zero:
Gradually firming up.. The decision to approve CFA and Yuan currency swap will further improve the naira.

toyeoye:
"Some oil marketers are beginning to change the logo of the Nigerian National Petroleum Company Limited on their filling stations, as the dealers dump the franchise deals with NNPCL due to the stiff competition in the prices of refined products in the downstream arm of the oil sector."

You will learn by force

Obaaderemi2:
That's still competition

zikter:
That is what many people don't understand. I don't even see the adjustment in rice by Dangote as a price war with anybody. Since crude prices have dropped by 4 dollars, it is only natural for the price of PMS to drop as well. Once crude prices and the exchange rate goes up, prices will be adjusted to suit the prevailing forces as well

Kingray10:
Let the price war continue, that's the only way we will get a cheaper fuel

COMPAQ:
Newspapers just generate sensational headlines to sell papers and generate clicks for online advertisements.

There is no price war raging anywhere! So reducing price from N950 to N890 (N60), when crude prices had fallen back from $82 to $75 and Naira had appreciated from N1600 to N1480 is tantamount to price war abi?

The way we like to use 'crash' and 'price war' and all these big words for N50 decrease ehn!!!

You will see some headlines, 'naira tumbles in market'. Then you read the story and the naira just fell from 1590 to 1600!!!!

Isokoboy:
There is no competition going on..I feel dangote is reducing price to so that those importing will be at a loss always ... It's a marketing strategy