₦airaland Forum

greatman247:
Don't cry on me, cry on your deceitful hero Fayoshit. By the way, wait for that guy to come for your head soon. No point explaining shit to me, save it for your shit self.

You'll forever be dumb, You're irredeemable!!!!

greatman247:
Chai you're so pained cos the dude nailed your hero Fayoshit to the cross. He will come for you as well, just wait.

who is this e-rat? are you always this daft, or it is just cos it's a Saturday? Do I look like an ipob member? maybe you should do a little search and check out my past comments....

we are talking about someone writing like a pry 4 drop- out and you're here spewing trash....

bobchigar:
These are five true reasons why he burried his presidential ambition
1. His party losses in Ekiti governorship election is a bad sign for him that he is not popular.
2. His party losses in Ekiti Election means that he can not get funds from Ekiti State treasury to finance the campaign.
3. He was convinced that his chance of getting presidential ticket does not exist with the number of more popular member of his party vying for the ticket.
4. He was awared that all those senseless stunts he had done will be raised against him.
5. He was awared that with the look of things, PMB has bright chance of being re-elected

Hahaha, is english writing this difficult?....Mehn your composition would wake the dead...damn it.....

you're using all this energy to search for someone who didn't get across to you all this while....anyways, maybe her phone also got spoilt or stolen. what do I know....

But pls my son, don't make someone who sees you as an option a priority....

Goodluck.

tolanibae:
Yes, I travelled 20 days after my biometrics and am in uae right now.

All is well, just follow your heart and luck. UAE is still better than Nigeria, don't deceive yourself and say you want to do one business in Nigeria. Come here and try your luck, the odds are better here.

Hello dear, if you don't mind I would appreciate if you can share the modalities with which you did your processing to UAE. I want to visit the place in a couple of months for vacation purpose only and I don't have the strength to go through all these very many threads.

Thank you.

Amarabae:
Let him continue to allow that local champion called tinubu to be deceiving him
Not knowing that osibanjo is the only reason tinubu is with him.
Saraki is the king of middle belt, he will teach the cow brain dauura man that shoe get size
#back2daura

I know you don't like Buhari cos you are Igbo, although some of us don't like him or any other former President cos they are all failures, including catastrophic Jonathan. However, in trying to spite Buhari and his supporters don't make wrong statements. Saraki is not the king of any middle belt. His influence starts and ends in Kwara. Shikena!!!

Suulola:
What we've on Nairaland are wannabe feminists trying to sound intelligent online for attention, yawn. The real feminists are out there making changes. RIP, Oksana Shachko.

Hey you, how are you doing?....I have tried reaching you several times over the phone, all to no avail. I'll appreciate if you gimme a call. good to see you here...

Jeezuzpick:
I once traveled hundreds of kilometers to propose.

I got rejected. On the phone.

I'm ten years married. With kids.

She's still single.

#life.

Wow!!!

odi1278:
I don't really get why mikel won't speak with his dad. Hopefully they sort out the issues. No wonder Mikel was still able to play as he doesn't have much feelings for his dad.

Hmmm...bros don't sit down there and judge him okay....it is so difficult to call and relate with someone you never had relationship with. You are able to call your mum and Dad cos there's a relationship built long ago, if there isn't you won't be able to. some people can relate with it you may not .

hustlfff:
eyaaaa

God do quick come ohhh

we have finally accepted that man wasnt meant to rule himself



meanwhile guys are you bored and in need of some entertainment? then kindly check my signature..

or you can pretty much add me on skype instead at "hustlingbae"

i would do my best to entertain you

serious buyers only!!!

what exact do you sell?

Has anybody noticed that Boko Haram attack has subsided since the Fulani terrorist attack on farmers and communities heightened. Could their be a connection between both groups?

Nigeria and the politics of blood.....

whatever you smoke on daily basis isn't good for your health, trust me.

So because someone has been desperately contesting and showing interest for decades makes the person prepared?

You just betrayed your teachers, listen young boy, preparedness has to do with Competence. That your useless candidate; Atiku has no competence in whatsovever way you look at it. He is just a desperate thief...besides if he wants to win he should first go to U.S and come back....

My people I just saw this on Alibaba express. Infact someone brought it to my attention. Our voters card is available for sale and the minimum order is 500 !!!!

I bet some politicians have taken several deliveries already....

that's the link below for confirmation.....this Country is a big joke!!!

https://m.alibaba.com/product/60747136750/Name-Card-Custom-Printing-PVC-RFID.html?subject=Name--Card--Custom--Printing--PVC--RFID&spm=a2700.7724857.main07.192.3fa11a6fFIhcyk&detailId=60747136750&redirect=1

mynd44.....

ooh my God, is this what we voted for? So it's a blame game thing shey?....I feel so disappointed in myself for supporting this directionless Govt.

Lol..the guy don see wife...remind me of those old Nollywood films..

Okuchris:
Dear future husband hope you are seeinig this

you mean future baby daddy?

geekybabe:
Corned beef? Canned food?

Why not just use meat mince? It's tastier, better, healthier and richer. You can even spice with veggies.

Come and help me prepare it....don't ignore a bachelor's honest request

1 day wind go blow foul yansh go open.....but till then make i park here....

eodavids:
I also wish that they had mentioned some or all of those banks that stand bigger risks of collapsing...

Naa that would be dangerous to the economy. With the provided report by NDIC, CBN can proceed to investigate and sanction erring banks.

Kobicove:
The CBN Governor already has the legal backing to sanction any erring bank, the main question is if he has the will power to do so?

Which is the clout I was referring to....knowing that the guy na former banker

post=68434407:
Every body shine ya eye!!

As in eehn....I pray we see and hear no evil

I only hope the CBN Governor would have the required clout to do the needful


@Dominique; this is important

THE possibility of yet another round of systemic failure in the banking industry, raised recently by the Nigerian Deposit Insurance Corporation, calls for quick, concerted pre-emptive action. The revelation by Umaru Ibrahim, managing director of the NDIC, that weak corporate governance and internal controls were tipping the financial sector towards crisis conflated with a similar alarm raised by the International Monetary Fund anchored on weak regulation and adverse operating conditions. With the economy falling short of growth projections, urgent, extraordinary measures should be adopted today to prevent a catastrophe.

Umaru could not mask his apprehension in an address presented on his behalf at the FITC discussion programme in Lagos: despite stringent and elaborate rules, weak corporate governance culture had rebounded in the banking system and, along with ineffectual controls, presented regulators with the possibility of bank failures. For regulators, he said the fear had prompted moves to conduct tests and moves to stave off adversity.

Earlier in March and April this year, the IMF had issued concerns over Nigeria’s continued vulnerability to shocks amid a slow exit from recession, rising debts and its ability to withstand the aftershocks of another global meltdown predicted by leading experts.



Ibrahim’s alert confirmed the long-running fears of systemic upheaval in the banking sector, which barely survived the shocks of 2007-2009 and only after a decisive intervention by the leadership of the Central Bank of Nigeria that prevented failure. The IMF has identified weak regulation as a critical factor in the last few years. In what some see as self-indictment, Godwin Emefiele, the CBN Governor, recently took to warning the deposit money banks of sanctions for round tripping and other sharp practices in the foreign exchange market. The recourse to sermons and warnings demonstrates the crisis of regulation that has for long plagued the country’s financial system. The CBN is armed with enough legal powers to monitor and sanction abuses and misdemeanours by bankers. Lamido Sanusi, as governor (2008 to 2014), proved this when, after stress tests, the central bank removed the boards and managements of eight banks, appointed interim replacements that nursed them until they recovered and were bought by new investors. Sanusi also identified gross insider abuse by directors and managers for the crisis.

Apparently, as the CBN itself has acknowledged, insider abuse is back; sharp practices in the forex market partly blamed for the collapse of 44 banks between 1994 and 2000; money laundering and violation for reporting regulations, as well as false accounting have taken hold in the DMBs.

Can Emefiele prevent systemic distress? Doing so requires, above all else, courage and astuteness. It was the frequent recourse to the CBN’s overnight lending window that alerted Sanusi to the stress in some banks in 2009. In 2017, the bank said, 60 per cent of the average daily N216.34 billion the DMBs borrowed from its Standing Lending Facility was for Intra-Day Lending Facility.

Reports, evidence and testimonies in corruption trials have detailed how regulations and anti-money laundering laws were brazenly violated by bankers to assist high profile public figures loot and hide public funds. These disclosures should have prompted audits, fines and, where necessary, severe sanctions on complicit banks, directors and managers, some of whom have testified to their involvement in court.

The CBN needs to act fast as most Nigerian banks, post-consolidation, are big and a failing one could pull down others. While inefficient banks may go bust in good times without threatening the entire system, an economy that grew only 1.9 per cent in the first quarter of this year, just two quarters separated from a recession, suffered nine million job losses in three years and, with youth unemployment of over 20 per cent, should avoid systemic bank failure. This principle was applied during the 2007/8 meltdown when the United States Treasury gave an initial $700 billion to save some big banks, Italy €17 billion and Britain £500 billion.

The CBN and NDIC should immediately undertake full audits and examinations of the banks; there should be no hesitation to use their considerable powers to remove errant boards and executives. Fraud cases rose by 56.3 per cent in 2017, according to the NDIC, while the CBN stress tests in the same year found rising cases of insider abuse with directors accounting for 40 per cent of the N2.4 trillion non-performing loans in the industry. Emefiele’s CBN should explain why such directors are still in the system and why banks have persistently exceeded the specified five per cent NPLs ratio without serious sanctions. Elsewhere, Germany’s Deutshe Bank was slammed $14 billion by regulators in the US and Europe; by early this year, the world’s top 20 banks, according to a Guardian of London report, had been hit with £252 billion in fines and penalties combined over five years for various violations.

The top priority is to protect customers: the CBN should be proactive and reform itself for efficient monitoring in real time, applying the latest technology tools to weed out corrupt officials that collude with errant bankers. It should wield the big stick and avoid favouritism.

Our banks are not fulfilling the critical role of financial intermediation partly because the operating environment is dominated by government funds, which fuel corruption, rent-taking and rule-breaking while squeezing out the private sector. The government should take the sensible approach of rolling out practical, sustainable policies of privatisation, liberalisation and export promotion to stimulate start-ups, SMEs and massive investment in agriculture, construction, transportation – rail, water and aviation – as well as mining and manufacturing. The financial system will become more efficient when DMBs rely more on private sector funds and less on public sector funds and forex, two toxic streams that have derailed banks from their traditional roles in Nigeria.


http://punchng.com/nigeria-cant-afford-another-bank-distress/

IgboAmakaa:
ok bye wild dream man


u have a big problem entirely

..............no problem compares with the problem of "hate infested blood and brain"..............it will take another life to purge completely

IgboAmakaa:
yea in ur dumb head i did, but u continued to quote me back


no who is more dumb here

Lol.... ;Dso you're so dumb and foolish not to know you quoted me first. This is the proble with children of hate, no matter how glaring the facts are they'll never accept....they think with their emotions rather than brain, if you have any

IgboAmakaa:
lol

u keep quoting me back dulll head


i cant hate anybody


pls open ur brain and go through my write up if only ur small ur brain can contain it


i am only preaching peace

You're actually more dumb than I think....you quoted me first...what in the world would make me quote you first. Nothing from you and your lots would surprise me to quote you first, the hates in you is hereditary....cry cry babies

IgboAmakaa:
that hate embedded in u and ur likes is what i am voicing out for u to see

...and the hate still wont let you stop quoting me...we know, its like peak, IT'S IN YOU.

fyneIjay:
The will of the people have been truncated many times since the inception of Nigeria as a country, and truncating on June 12 1993 just add to the statistics.
So please you shouldn't take the moral high ground using the will of the people, because the elites that own Nigeria do not respect it.

What exactly is your point? June 12 1993 was and is still the only time in Nigeria when a concluded electioneering process was truncated by the "powers" that be...Stop looking at this issue through an ethnic binocular; that is always not devoid of emotions, hatred and bile. the fact that the will of the people have been trampled on many times through many means does not justify for any, so stop using it as a justification. June 12 is about Nigeria and Nigerians not Yorubas..you people should assimilate that...afterall the said candidate was voted for by Nigerians from all regions in Nigeria.....

We need to learn to accept truth even in the face of the present ethnic and regional tussle. it is glaring that this June 12 declaration in recent time is a political card for political gain. That is what we all should concentrate on and ensure that in the next poll we take decisions based on facts rather than emotions....irrespective of your tribe and region, our collective actions and inactions will have equal effect on us...