₦airaland Forum

16 innocent souls gone due to religion indifference.

Sirjamo:
This is not the first time a retired army General is appointed minister of defence.
General Salihi Magashi was Buhari's defence minister for his second term. He also had a retired General for his first term. Nigeria's security problem goes beyond intellect.

Boko haram and Bandits have survived 4 presidents. More than 50 service chiefs. 8 defence ministers and 5 NSAs. I refuse to believe that all of these people are incompetent.

I will keep saying it for whoever have sense to know, you cannot use a $3b annual defence budget to secure 200m people across a 920 000 square kilometres of land and sea.

For proper contest. South Africa of 60m people without any active terror group has a $20b annual security budget.

When the government is ready, they will tell the citizens what the real issue is.

You are the only one that made sense here and i just learnt something about South Africa from your post.

This is very commendable. If such an effort continues from our security, it will drastically reduce this menace called kidnapping

All form of farming has it's own challenges. You shall scale through.

Is it not obvious already, or do we need to be told that they were informed before the ordeal so they can vacate their post and safe their precious lives.

His decision, his chioce.

The Modern day Hebrew Woman indeed

And yet Tuggar was saying in another thread that only 177 people have been killed within 5 years by these terrorists.

Tuggar is a sellout and a disgrace to his country. How will you say only 177 Christians have been killed in Nigeria over the last 5 years.
That's so shameful of him

Well said. Justice and equity is all there is to all citizens of our beloved country.

Two words. Beautiful and inspiring

If u need small $11.52 Gns PayPal fund reply with your contact so I can chat u up

Verified transferwise account needed

Ok

Iamicekid:
Some of the comments above are just dumb, what was she suppose to wear to swim in a pool

It's not about what she's wearing to swim, it's about posting it for the entire world to see. The internet never forget, use it wisely

Hope they won't be released back into the society for another round of impunity

Hunger is real

Pray u can locate the parents can't s this looks like an Almajiri to me. Someone that could not been taken care of when he was alive, you think u will be able to locate the parents that abandoned him now that he's dead. Mat his soul rest in peace

This is so long

The new order of the day

Poor infrastructure is been blamed as the enemy. That wild wind was experienced in several states not just Gombe alone.

Ecobank Nigeria has launched an Application for Businesses. Known as Omni Lite App, it is targeted at enhancing the banking experience of its large pool of Commercial Banking customers. The Ecobank Omni Lite App is a highly secure, world-class and integrated electronic banking platform designed to help Clients manage their Business accounts online in a secure, flexible, efficient and convenient manner. It is a fully integrated multi-geography, multi-lingual and multi-currency online, web-based cash management platform. The App is being launched by the Ecobank Group across 33 countries in Africa where the Bank operates.

Speaking in Lagos, Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji, said the new App is in line with Ecobank’s policy direction to meet and surpass customers’ expectations, noting that it will bring flexibility, safer and convenient banking to the users. She disclosed that it is available to existing Omni Lite users, urging them to download it from the Apple Store (IOS) or the Play Store (Android).

“With the new Omni Lite App, users can view their accounts and transactions in one place, make payments and pay bills with ease, set up multiple users with different access launch, make and manage loan payment, book time deposits and view exchange rates. This electronic portal also allows customers manage all their online business, banking transactions and information 24/7. With easier navigation and experience that is perfectly suited to smartphones, clients can enjoy features similar to the desktop version.” She stated

The Ecobank Omni Lite App enables faster processing of instructions with loading option or file import for mass payments. It also features a customizable environment with choice of language, time zone and comprehensive user-friendly navigation menu. It’s state-of-the-art architecture meets international safety standards and it is designed to enhance productivity and manage cash flow. These largely enhance the cash management capabilities of Businesses which include account services, payments, collections, liquidity management, detailed and customisable reports, amongst others.


Source:
https://www.vanguardngr.com/2020/08/ecobank-nigeria-unveils-business-banking-app-omni-lite-app/

THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points.

The CBN Governor, Mr. Godwin Emefiele, disclosed this while presenting the decisions of the Monetary Policy Committee, MPC, after its two-day meeting in Abuja yesterday.

However, the Committee retained the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent, respectively.

Reasons
Explaining the reasons for the cut, Emefiele said: “After the consideration of the three policy options, members were of the opinion that the option to loose will complement the Bank’s commitment to sustain the trajectory of the economic recovery and reduce the negative impact of COVID-19.

“In addition, the liquidity injections are expected to stimulate credit expansion to the critically impacted sectors of the economy and offer impetus for output growth and economic recovery.”

On the rising inflation, Emefiele noted that so far, evidence has not linked the rising inflation to monetary factors but rather, evidence suggested non-monetary factors (structural factors) as the overwhelming reasons accounting for the inflationary pressure.

He said: “Accordingly, the implication is that traditional monetary policy instruments are not helpful in addressing the type of inflationary pressure we are currently confronted with.

“What is useful is the kind of supply side measures currently being implemented. MPC also expects that a downward adjustment in MPR may be necessary to further put pressure on our deposit money banks to lower cost of credit in aid of growth.”

Outlook
He added that the broad outlook for the global recovery remained uncertain, as the headwinds associated with the COVID-19 pandemic was persisting, especially as new indications of a second spike in the rate of infections, continued to dampen prospects of a near term recovery.

“The persisting volatility in global oil prices which is likely to continue beyond the end of 2020, as indicated by the deliveries in the oil futures market, signposts the likelihood of a disorderly global recovery,” Emefiele, added.

In the face of the global economic challenges, the CBN stressed the urgent need for a combination of broad-based monetary and fiscal policy measures to curb the rise in inflation and contraction in output growth.

“This will involve targeted investment by the fiscal authorities to resuscitate critical infrastructure to improve the ease of doing business across the country.”

He added: “In addition, the MPC believes the fiscal authorities can build on earlier efforts and articulate a clear strategy to attract private sector investment. The Bank will, however, continue to take relevant steps to ensure that the detrimental risk of inflation to the economy is contained.”


Source:
https://www.vanguardngr.com/2020/09/cbn-cuts-monetary-rate-to-11-5/

Kriss216:
That means she will die single

Lol

Race ass bitch

Wrong

Working at such early hours without security is dangerous

NDLEA are doing a great job these days. Kudos