₦airaland Forum

Death of mother inlaw na im make Almunia miss 6 weeks?. . . . hehehehehehe. . . . . most nuccas I know would be glad if their mother-in-law kpeme

What nonsense. . . . . Lamps was playing the next week after his momsie passed. . . .

vwvw:
it is no  hidden fact that several eaglets are over-aged.
But Who the hell is Adokie Amasiemeka to whistle-blow. When he needed
to be bold for the Ogoni 9 he kept quiet and for posterity hugged the golden realms of cowardice. Even at the famous Oputa
panel tribunal, he defended the barbaric actions of Colonel Okuntimo
and the state's Milad col. Komo to everyone's disgust and consternation. Adokiye is a traitor and doesn't deserve any respect.
If the Eaglets captain was indeed his SON like he claims, then he should have treated this maturely rather than this public disgrace

Is this true?

I always loved Adokiye. If this is true, then Im shaking me head.

No, no, no. . . . if the nucca cant pass the exam, they should find someone better. . . . we dont want anyone to make allowances for us in the name of federal character. . . .

Dont worry Mrs George. . . . just send me £1m and I will speak on behalf of all Nairalanders when I say your husband is innocent of all charges. . . .

Clark has finally come up with something I agree with.

Aandoaaka, we are watching you o!

Please do them like you did Bode George. . . . but try make the judge give them pass 2 years this time!

Also dont forget Ibori's $15m bribe. . . . that one na open and shut case. . . . Ms Waziri, we are watching o!

No worries bruv. . . . who's next on ya hitlist?

blacknight:
I know furtune chukwudi very well he lives at no 62 afipko street mile 1 diobu portharcourt, Rivers State. Chichi as popurlaly called did not include his surname because both furtune and Chukwudi are his first names That lad is close to 31 yrs he played for bright stars football club as an u17 player 7yrs ago how come in is still 16yrs now.

hehehehehehe

Kai na swearword for Naija

hehehehehehehe

FBS, why you too dey argue blindly out of patriotism?

Na because them no born you for jand?

All them jandon players are under-17 abegi.

The only jandon players who falsify age are the immigrants who've naturalised like Gerald Asamoah of Schalke and Germany.

There was never an MI scan done on the boys. It was politically hushed. Remember that Sani Lulu rejected it, preferring to call on the boys parents to swear affidavit that they are under-17.

Chief Adokiye Amaesimaka has never disappointed me.

I salute the chief for exposing the sordid underbelly of the NFF.

hehehehe. . . . why Okah dey f*ck up now. . . . doesn't he want Yar'Adua to recieve the Nobel Peace Prize?

[quote author=H.J link=topic=346530.msg4850753#msg4850753 date=1257228752]NIGGA SHUT D mess UP! Rubbish.[/quote]hehehehehe. . . . to rap no be by force. . . imagine dissing M.I when he never clear Idriss level sef.

@ adigun,

By your arguments, perhaps its better for Sanusi to just let the banks run into problems whilst maintaining the facade that everything is OK on the books. CBN as regulator have the right to step in and conduct tests on these banks at anytime and inject capital, just like they conducted stress tests in Yankee. Left to the CEO's of the banks, we will still be hearing that everything is rosy, until the bottom drops out. Do you think loans from the feds to the Yankee banks were not in the form of convertible securities same as CBN's?

All these talks about irregularities. . . . do you think there are not many courts to decide that? Remember the senators that where yarning opata until Sanusi disgraced them in the Senate steering committee, exposing their lack of legal knowledge. Talking about illegality is mere speculation unless you can produce the article contravened, so be careful when yarning legal talks if you are not a legal expert.

Im done arguing nonsense. Have a nice day.

@ CoolG

Save scientific details for later. Lets not get too technical, especially with people who look at GAV to value a company.  . Im just giving Naijaking the quickest way to have an idea of the value of the holding without too much calculation.


@ adigun,

It was always said that the loans were convertible loan stock which can be turned to equity subject to certain agreements. Sanusi said he has no intention of taking over the banks, but if they default on the debt, he has to provide taxpayers with an insurance, which is converting the debt to stock. It would be foolish of him to expose taxpayers to risk of default without providing a get-out.

Im calling out AlexPissu. . . . I have reason to believe this verse of his was a subliminal diss to me:


F  fools trying to cap balls but I play em  like scrabble
Pissu takes care of cats like they were my children who wan fumble
Newbies low on points should have known their mentor was a cripple
Ya all rhymes need treatment on ya rap with those  pimple
Aint nothing like the greatest netcee on NL
Bunch of fakers insignificant to me all they do is lie
Only point you get to diss the man above you is negative figures
If you ready for war smoke the whole arsenal coz i stand out like walls


Lets call the battle WARCRAFT-lite cos Im not even gonna go hard on him. I promise to battle him with an on-the-spot keystyle. 

naijaking1:
@Ibime
You just like to spin things upside down?
Our debated is muted by the fact that even Sanusi had said on several occassions that the money injected into the banks are temporary assistance that will refunded in 18 months, they're not for shares.
I guess you just don't want to admit that you screwed up when you said that CBN is the major shareholder of these banks. Just admit it.

Last time I read the papers, it said those investments had been converted to preference shares.

http://allafrica.com/stories/200908180436.html

If thats not the case, I guess I was misinformed by the article.


Thats by the by. . . . the fact remains that anybody like yourself who does not know the definition of market cap or who judges the value of a company by it's gross assets should quit making economic arguments against Sanusi lest you expose yourself. It is better for you to just say that you hate Sanusi cos he's a Northerner.

babapupa:
Lagos State government has said it has set up a 15-man maritime anti-terrorist guard to patrol all navigational routes, waterways and territorial waters across the state against the activities of sea robbers and terrorist groups.

15 man anti-terrorist squad?

Last time MEND attacked Lagos, there were 400 of them.

Fashola better do better than this.

Anyway, I cant blame him. The Federal Govt security forces have failed him so he has to sort out his own security worries.

@ topic,

So what are we waiting for? Abi, is it Yara'dull protecting Ibori?

Throwaway freestyle. . . .



I pop toasts/ and drop ghosts/ dead in the gutter/
You pop toasts. . . then you spread the bread with the butter/
Im ahead of this sucker/ in bed with his lover/
She’s just one of the chicks that I pressed in the summer/
Feds undercover/ be tapping my wire/
Hoping to get the drop on a random supplier/
Just stand and admire/ this rapping messiah/
Answer my fire/ or get branded a liar/
I ran rackets/ selling yellow tops and crack packets/
Anything to escape from ya tax bracket/
I piece ebonics/ and paint pictures like DC comics/
Mixing speed with chronic/ to deceive ya optics/
Don’t fall in my soup/ or get caught in my loop/
Before I call on my troops/ and give the order to shoot/
Dont be deceived by humble look/ Im a f*cking crook/
with more wild style. . . than beasts in the jungle book!/

I wanna battle Mukina.

Where is Mailmalc?

This nuccas living large. . . . me sef, I no go mind go that kind prison.

mukina2:
https://www.easyfreesmileys.com/smileys/free-sign-smileys-1004.gif

GBAM!!!

This nigga always stalking me on FPL

nateevs:
With the help of fellas like FBS and Somze . .
I have learnt to accept Drogba for who is . . .

Dude is 30 and will take up the first striker role in any team in the world right now. . . any team .
And he is 30 and can't trap.

What then can you do?. . He is good at what he does. . . and so damn does it well.
Got no choice than to accept.
Take a bow Didier. . !

To be fair, the Drogba of this season is not the same Drogba of last season who came back with amala in his belly and complaining that he wants to leave Chelsea every week. Every criticism was justified.

The Drogba we have now is the same Drogba of 04-07. Top striker!

naijaking1:
(1.)The above link will show you that by March 31st, 2007, Union bank had a total asset of more than #699 billion. Two years later, it's easy to see how this figure easily ran into trillions of naira.

(2.) Net asset vs market cap.--- you're just splitting hair. My position is that you can't buy a company worth #1 or 2 trillion with #100billion, unless you be thief, or your name be Sanusi. I still stand by that statement.

(3.) Bye the way, Sanusi said in one of his rambling sessions that the injected funds are not share capitals, but just a temporary measure, so where you came up with the idea that CBN is the major shareholder in a publicly quoted bank still beats me.

(1.) Your position is  that you can't buy a company worth N1 or 2 trillion with N100billion? Who told you UBN is worth N1trn or N2trn? At some stage, it will be wise to just admit that you dont have a clue what you're talking about. The assets for 2007 stand at N700bn. The liabilities stand at N600bn. You say that by the next year the assets had grown to N2trn? Really? From $700bn? Even if I agree that is the case, only an ignoramus will tell me the bank is worth $2trn without even looking at liabilities. Since when is the value of a company determined by its gross asset value?


Anyway, thats by the by. . . .


(2.) Our debate was whether CBN's $100bn investment would make them majority shareholder. A sciolist like yourself disagrees based on the gross asset value of the bank. It is at this point that we really see what calibre of person we are discussing with. Even a novice knows that the first thing to do in such a scenario would be to look at the market cap and see what percentage holding a N100bn investment will give an investor. The bank is only worth it's market cap, which for UBN is N70bn - 90bn, and CBN's N100bn investment easily takes it across the 51% threshold which would allow it to be considered the majority shareholder.

(3.) I believe the loans have been converted to preference shares.

C'mon now, the Prof is probably a member of Pyrates back in the day when it was a noble organisation. Isnt our own Nobel Laureate not also a Sea Dog? Till today, wherever Wole Soyinka goes, it is Sea Dogs who come to pick him up from the airport.

I fell in love with Sanaa Lathan watching Love and Basketball. . . . Im glad that since Im not caked up enough to represent, my fellow Naija man is representing for me. . . 

streetwize:
And Ibime when u were criticisin y dint u mention d bars bout chess/mining/wine. . . generic still?

Nucca, take the criticism as a man. I didnt only criticise, but I pointed out similar lines. I would have done the same during our battle, but I decided to take the defeat with grace cos I was involved in the battle. Still, I give you this battle cos a few of ya punchlines appealed to me more. . . .