₦airaland Forum

Game over

Chelsea 0 fulham 0

Benitez is on hot chair not hot seat

Benitez is doing try n luck

Opportunity to close down on city n man u

10 mins to go

Benitez may not see the end of dis season

If chelsea eventually win dis match, honestly am not impressed

What da hell is chelsea playing.

Rubbish.

musKeeto: Glory be to God in the highest Amen, if this happens, I'll consider giving my life to Christ..

this will be difficult and will cause tension in the system

The Financial Reporting Council (FRC) said it had designed an accounting system for churches, mosques and other not-for-profit organisations, adding that it will compel them to report their financial transactions periodically from January 2013.

Executive Secretary/Chief Executive Officer, FRC, Mr. Jim Osayande Obazee, who said this in a keynote address presented at the 2012 annual conference of the Finance Correspondents Association of Nigeria (FICAN) held in Ijebu-Ode at the weekend, explained that the move was to ensure that more Nigerians are dragged into the corporate tax net.

This, according to the FRC boss, is also in line with the International Financial Reporting Standards (IFRS).

This came just as the Director, Corporate Communications, Central Bank of Nigeria (CBN), Mr. Ugochukwu Okoroafor disclosed that in addition to FSDH Securities Limited which on Friday announced that it has gotten a license to operate as a merchant bank, a South African bank –Rand Merchant Bank, has also been granted a merchant banking license to operate in Nigeria.

Continuing, Obazee said: “We want to release our Statement of Accounting Standards (SAS) 32 because we want churches and charities to begin to present accounts. They just file returns to the Corporate Affairs Commission (CAC) and so long as they pay the N1000, they are home and dry. But we are saying that they must report their financial transactions in proper format.

“Also, once charity organisations engage in non-charity activities, they would have to submit those goods for taxable purposes. A country is not run by oil, but by tax. Go to the internet and you see all the branches of the Redeemed Christian Church in United Kingdom, you will see their accounts and over there, they fully disclose the amount collected as a church. But in our own, people are asking me: “Jim, do you want God to render account.”

He also stressed the need for an independent supervisory body, to regulate the activities of manufacturing companies in the country, in order to forestall another crisis in the economy.

“The fact that nobody is regulating manufacturing companies is completely wrong. We believe that banks take deposit, but we are forgotten the fact that if we go to Guinness, Nigerian Breweries, Lafarge, Dangote, even Chivita, they all take depositors. They tell you that for you to take products from them you have to take deposit and all these deposits become their working capital, which is interest free. So, if we are concentrating on just banks because we believe others are not taking deposits, then the entire system is not protected.

“Excessive credit growth can emerge anywhere in the system and impinge on the entire system. In the United States, the finger was pointed at unregulated mortgage brokers. Nigeria too has unregulated areas. For instance, non-bank finance companies, manufacturing companies and oil companies are lightly regulated.

“By ignoring these links, and by overburdening the regulated banking system, we risk driving more and more activity into the lightly regulated areas. We have forgotten so quickly that we had the now Unilever (with stock), Cadbury (with stock and Goodwill), well after we had Apha Merchant bank (with paper profits).”

He insisted that in order to achieve political stability in the country, there was need to draw more of the poor into the growth process through financial inclusion. According to him, nearly 75 per cent of the credit obtained by households that are below median income is from informal sources.

Commenting further on the activities of the merchant banks, Okoroafor said: “That is a huge signal of international interest in our market and we believe that early next year, they will commence operations in Nigeria. There are several other interests from international in Nigeria. We have also converted the license of FSDH Securities Limited to that of a Merchant Bank.

“These merchant banks are more like investment banks. They are going to be the ones that would help make projects bankable, like infrastructure. They are also going to assist in ensuring that more companies are taken to the capital market.”

source: http://www.thisdaylive.com/articles/churches-mosques-to-render-account-from-january/131710/

[quote author=C. whyte]Can't wait to have him at Old Trafford.[/quote]Am a chelsea fan but I tink pep will last as Man U manager

I tink man u will be a better place for him considering the instability in chelsea as regards managers job. Pep should consider and weigh his options before taking up chelsea or man U job

Pep Guardiola could succeed Sir Alex Ferguson as Manchester United boss when the 70-year-old retires, according to reports.
Rafa Benitez is believed to be a temporary replacement at Chelsea as owner Roman Abramovich attempts to lure Guardiola into a full-time position at the club for next season.

But while Guardiola has remained coy on his future after a hiatus from the game, the Sun has reported that the Spaniard is set to turn down Chelsea's offer and wait for a move to Old Trafford.

"The whole history of Manchester United, his relationship with Sir Alex and the way the club is run appeals to Pep," a source close to Guardiola told the Sun. "Right now I'd be astonished if he went to Chelsea. He really wants to wait for the United job even if it means extending his time out of the game."

It is believed that Abramovich's influence on the playing style at Chelsea has deterred Guardiola.

Source: http://soccernet.espn.go.com/news/story/_/id/1239806/pep-guardiola-is-reportedly-interested-in-managing-man-utd?cc=5739

Udara in igbo.

African five star apple is d english name

Chelsea Football Club can confirm Rafael Benitez has been appointed interim first-team manager until the end of the season.

The owner and the Board believe that in Benitez we have a manager with significant experience at the highest level of football, who can come in and immediately help deliver our objectives.

The 52-year-old Spaniard is due to meet the players at the training ground in Cobham tomorrow.

The two-time UEFA Manager of the Year comes with outstanding pedigree. He began his managerial career in his homeland, most notably at Valencia where he built a reputation as one of Europe's top coaches by winning the Spanish League twice and the UEFA Cup. He then spent six years at Liverpool and led them to their fifth European Cup and an FA Cup.


Source http://www.chelseafc.com/news-article/article/2987554/title/benitez-appointed

gwas: Chelsea is indeed an outstanding football club! just check out the number of people viewing this thread. Aha!

We are too much.

Benitez will come cos he know how to play torres very well. Torres played well under him and they still want to keep torres

Good move though I love RDM

And this makes the front page.

End time. Be not deceived. Test every spirit

Zodiac61: Very easy when you think about it.
God does not exist.
There, you see - I am alive and know that god does not exist.
Try thinking - you might enjoy it

No I won't tink like you. God does exist and you hv to believe that

Good that we lost. We will bounce back.

Nothing mega

@Chelsea

[quote author=ameer!]Chelsea fans,hw market today naaa [/quote]Market bad and so what.

How can people live and still believe God does not exist

Oluseun Anikulapo-Kuti is the youngest son of the legendary Afrobeat pioneer, Fela Anikulapo-Kuit. Seun leads his father’s band, the ‘Egypt 80’ to date. In this interview with Bayo Adeoye, he speaks on his music and lifestyle, amongst other issues.
You were 14 when Fela died, what do you miss most about him?

Well, Fela was my father. You know, it’s a long time now since he died. The most important thing to me now is his presence. I miss him being around. I think of what would happen if I were able to have a discussion with him today. Knowing everything I know now, those are the kind of things you miss. I just miss him being around.

Can you describe what God means to you?

I do not believe in God. I am not a believer of anything supernatural. I don’t believe in God, Jesus Christ, Mohammed, Ifa, Ogun, or whatever anybody uses as a reason to explain simple actions of nature. God, to me, is not in existence.



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yampoo: Make dis guy read my tweet question na.

Are u sure they are reading the correct post. They will post and still read what they posted.

inurmind: Like I usually say, the second name of most christians is ''just in case''. So just in case catholism is the right doctrice, let them eat ur left overs.

They no wan loose both side

EPl is fast loosing its values. Match fixing. Is on d increase.

Infact EPL = WWE

The joke Is new to the mod

thegoodjoehunt:
Don't mind this EPL and their tricks. I am glad Adebaba isn't in Man City anymore.

EPl is fast loosing its values. Match fixing. Is on d increase.

Infact EPL = WWE

The telephone lines will not work again today