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TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 9:26am On Oct 01, 2009
Why do we think only Nigeria (Kevin) has the right to conspire. Yesterday, Kevin, Jeremy and Quin were discussing how to get Itai evicted next week for whatever reason. Paloma may have started seing Kevin as a major rival and hence her ingenuity to clip his wing early. There is only one winner and nobody is there to play a supportive role.
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 4:10pm On Sep 30, 2009
Yacob said during the diary session yesterday that he had made a pact with Kevin to watch each other's back. Whatever that means. Unlike the previous day when he predicted only 3 Nigerians in the finals, he reviewed the finalists to be Kevin, Geraldine, himself and two others that I cant recall now but he excluded Nkenna. If the 'pact' was made at a meeting, Paloma might have overheard them, hence her accusation. Just my thinking sha.
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 4:18pm On Sep 28, 2009
Biggie has announced Rene, Edward, Paloma and Liz as the 4 nominees for this week. Elizabeth must save and replace one otherwise she becomes the fifth nominee. Her decision will be known tonight.
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 4:10pm On Sep 28, 2009
What housemates told biggie about Geraldine

Quinn - "The Nigerian girl is too quiet"
Kaone - "She is open and sweet"
Leonnel - "She is simple and straight"

Diplomatic way of saying she be mumu??
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 2:50pm On Sep 28, 2009
Talis:
Nominations are in the bag!!!
Liz- Renee and Paloma
Hannington- Paloma and Liz
Elizabeth- Renee and Hannington
Geraldine- Hannington and Renee
Kaone- Renee and Eddie
Itai- Liz and Paloma
Paloma- Renee and Eddie
Nkenna- Itai and Renee
Kevin- Eddie and Renee
Yacob- Paloma and Liz
Erastus- Paloma and Liz
Jeremy- Renee and Eddie
Kristal- Hannington and Renee
Quinn- Eddie and Renee
Leonel- Eddie and Renee
Mzamo- Paloma and Liz
Eddie- Paloma and Liz
Renee- Paloma and Liz
Emma- Renee and Eddie
Migines:
Wait'a minute why did liz nominate paloma??
Dint watch her nomination budd'a think is coz she knws d smokaz will be out 4 herself nd paloma, and if dey all vote dat way, she n paloma will av d same vote so she used her vote as d "tie braker"(smart babe). Bt unfortunately, somn went rong.
Liz did not nominate Paloma. She nominatedRene & Eddie just like most of the girls alliance.
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 12:59pm On Sep 28, 2009
Yacob told his alliance mbrs last night that he forsees the 3 Nigerians in the final and he has lowered his expectations to $2,500 not $200k. Do you share his prediction?
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 12:52pm On Sep 28, 2009
Rene           - 12 nominations
Edward         - 8
Paloma          - 7
Liz                 - 7
Hannington  - 3
Itai                -1

Elizabeth (HOH) nominated Hannigton & Rene. Apart from Mzamo & Rene herself, all girls  nominated Rene. Only Nkenna nominated Itai.
Itai nominated Paloma & Liz just like the Smoker's alliance members. He appeared to have turn-coat
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 1:22am On Sep 22, 2009
soki2ng:
After almost 1hr talk with Emma, kevin takes her to his palace en shows her around his palace, Oh boy d gurl run, she no stay 5 mins.
Wow jeremy & elizbeth been sharin photos al night, Slack man, Sharin photo wen d gurl wants to hear more, She don vex go sleep. Lets see wat happens tomorow.
If na to say she just ran, e for better. After rubbing it in on the ‘king’ that she had lived in that palace for a whole week, she iced the cake by asserting that there was no switch to control the lightings in the palace and biggie can switch the lights off at any time. She then suggested that they should join the rest of the housemate and when it was time to sleep, they would come back. Kevin reluctantly agreed and immediately they reached the main house, the gal vamoosed upstairs and promptly tucked herself in her bed. Kevin was not shown again.

I don’t blame the gal sha. The kin suggestive sexual story of a woman desperately hitting on him at Nairobi airport which Kev knacked her just before they left for the penthouse gave his intentions away.
PropertiesRe: Cost Of Roofing A 3bedroom Bungallow? by klas(m): 10:32pm On Sep 11, 2009
Can you give more info like what type of roofing sheet are you using?, if aluminium, what thickness 0.45mm or 0.55mm? Is it longspan straight or steptiles? steptiles will require more purloin (wood) than straight one. I just finished roofing one bungalow in Abuja using Tower metcoppo 0.55mm which consumes 334mtrs of aluminium at roughly N1.1m
Breakdown
Wood for Tiebeam, rafter & purloin N273,000
Wood for nogging N54,000
Nails N35,000
Carpentary labour N105,000

Aluminium, accessories & instalation N630,000

You may negotiate down the labour cost. However be sure of what type of woods he is buying. If he feel you discount too much, he may agree and buy low quality wood that will give problem in future. Also he may buy lower guage roofing sheets for you. Whatever you do, monitor him well.
BusinessRe: Understanding The Banking Sector by klas(m): 9:49pm On Sep 10, 2009
Dayocoker

Sebastian Adigwe

Many analysts believe that Afribank's current problems stem from its relationship with African Petroleum. The bank was heavily involved in financing Femi Otedola's takeover of the petroleum marketing company and the huge debt added to its woes. The two firms forged a strong relationship that resulted in Adigwe joining AP's management board while Osa Osunde, an alleged front for Lucky Igbinedion, doubled as Vice-Chairman of AP and Chairman of Afribank. Apparently, the effete Adigwe was a figurehead who pandered to the whims and caprices of the bank's powerful backers. A few weeks to the CBN action, Afribank took out paid advertisements congratulating Ogbueshi Uche Luke Okpuno, one of its prized clients who later showed up on the CBN’s debtors list. How interesting.
Point of correction, Adigwe joining AP Board has nothing to do with Otedola. Infact Afribank preceeded him on the Board. Afribank through its nominee company acquired the shares of AP initially held by the former core investor - Sadiq Oil (read Peter Okocha) in 2004 when NNPC came on board in debt-equity swap. It was the NNPC shares that Otedola acquired in 2006 to become co-core investors with Afribank. Osunde & Akinkuotu (former MD of Afribank) used to represent Afribank interest in AP until Adigwe took over from Akinkuotu in 2006.
TV/MoviesRe: Big Brother Africa 4 (The Official Thread) by klas(m): 4:38pm On Sep 07, 2009
We are supposed to have 14 housemates from 14 countries but we currently have 12+1(the twin brother) from only 10 countries. Uganda and Kenya have 2 representatives each while Angola, Zambia, Malawi and Tanzania are not represented yet. It is safe to assume that 4 ladies will come in from these yet to be represented countries while Uganda and Kenya will also lose a rep each.

The first switch of the twins took place some hours ago. If their identity is not blown for 4 weeks by the hsemates (a tall order) both will become valid housemates otherwise both lose out.

The suprising thing is that no hsemate has raised the issue of the absent countries. Are they that dull. I surely miss Ofuneka & Richard on that score.
PropertiesRe: Advice Needed On Aluminium Longspan Roofing Sheet Thickness by klas(m): 8:38am On Aug 19, 2009
ajileko:
I will go for the 0.55mm thickness due to the fact that it is better quality than the 0.45mm and weigh a little more and better insulation. Less noise when it rains and helps cool the house. 0.45mm is the minimum you can go.

0.45mm ----> good
0.55mm ----> better
0.70mm ----> best
0.90mm ----> best x 2
0.7mm & 0.9mm for a residential bungalow? Wont those require steel roofing and therefore more suitable for industrial and warehouse construction?


@2n2k
In addition to what Ajileko said on 0.45mm & 0.55mm, I noticed you mentioned longspan step tile. Note that this will consume more wood for purlin than the box (straight) type because the recommended spacing should be like 30cm instead of 90cm for box type to get good finishing
BusinessRe: CBN Sacks CEOs And Management Of Five Banks by klas(m): 9:46pm On Aug 15, 2009
AIYEKOOTO1:
@tpia,

there is need to see beyond the nose!!!!!!!!!!! smiley

how did WEMA bank survive this?
Wema has not been investigated yet

The following ten banks were investigated. The rest will be concluded within the next one month

Union Bank FAILED

Finbank FAILED

Intercontinental FAILED

Afribank FAILED

Diamond PASSED

UBA PASSED

First Bank PASSED

GTB PASSED

Sterling PASSED


Oceanic FAILED
BusinessRe: CBN Sacks CEOs And Management Of Five Banks by klas(m): 8:11am On Aug 15, 2009
Sanusi said their huge exposure to the capital market and massive non-performing loans were the key factors that contributed to the liquidity problems in the affected banks.
He said when he became the governor of the CBN, he was alarmed at the quantum of exposure which some of the banks had.
Sanusi said their exposure to the capital market which had lost over 70 percent of its value was a long-term problem “unless people believe that the capital market will pick up in the next few months and I do not think that stocks are going to go back to that very high level within a short time.”
As a result, he said the CBN asked for a special examination of these five banks which by the apex bank’s estimates were showing signs of distress given the length of time they spent at the Expanded Discount Window (EDW) introduced last September by the former CBN governor, Chukwuma Soludo to shore up their liquidity.
Sanusi said: “If we take the average exposure at the discount window every month, between October last year and July this year, these five banks accounted for 90 percent of transactions at the EDW.
“The remaining banks accounted for 10 percent. This for me is an immediate sign of distress. We tested it further
and closed the window and said no more money.
We then guaranteed interbank placements. If we didn’t guarantee the inter-bank market, banks will not lend to them.”
“But when we did this, we immediately saw the affected banks taking money from the interbank market to repay their exposure to the discount window.
“This was clear evidence that they do not have cash at all. Their balance sheet had shrunk. The cash had gone. There were clear signs of the banks going under.

On seeing these signals, we sent in special examiners. The idea was to go and find out the true position of things.”
The CBN governor said what they found was not so much of a surprise, “but I think the extent was alarming because I did not believe that there were banks that have up to 48 or 50 per cent non-performing loans of their total loan portfolios.”
He said what the banks needed to do was to provide for these loans and to raise capital which they could not do.
He said decisions by the management of the affected banks exposed them to the capital and oil markets and risked their depositors’ funds. “This was the basis for the decision to sack them,” he explained.
Sanusi added that once the decision was taken to inject capital into the institutions as a lifesaver, there is no way the CBN was going to allow the same team to manage the funds which belong to the public.
Sanusi disclosed that the CBN would inject N405 billion into the five banks because they urgently needed fresh funds.
He explained that the capital injection is just a temporary measure in the form of Convertible Tier II Debt which shall be repaid to the CBN once the banks are recapitalised. “It does not translate into the government taking up equity,” he stressed.
The CBN governor assured that the banks could still be returned to the owners if they are able to raise fresh capital.
“If today, the owners of the banks come up with the capital and bring it in and say to us, look we can bring in the N100 billion or N120 billion that you want, we will take it and give them back the banks. All we want is to save the institutions,” Sanusi said.
He explained that the N405 billion being injected into the banks is a convertible loan.
“We want to make sure that whatever we provide is not a loan that will be taken back immediately. We want the management to know that they have this money until they get fresh capital.
“Yet, we also want to make sure that we don’t lock ourselves permanently because the last thing we would want is to get Nigeria back to the era of nationalising banks,” he said.
The governor stated that he does not anticipate that the continuing audit of 14 other banks will throw up considerable surprises since the decision on the five yesterday was based on the CBN’s assessment of banks which show signs of distress.
With the removal of the CEOs and their EDs, the CBN yesterday appointed acting CEOs to head the management teams of the five banks.
The acting CEOs and their financial institutions are: Mr John Aboh, who is to take over at Oceanic Bank; Mahmud Alabi - Intercontinental Bank; Nebolisa Arah - Afribank Plc; Mrs. Suzanne Iroche - Finbank and Mrs. Funke Osibodu - Union Bank.
The CBN has mandated the new helmsmen to continue with the businesses of the banks as going concerns.
Addressing journalists in Lagos after a meeting with the CEOs of the 24 banks operating in the country, Sanusi said the banks showed serious liquidity strains since October last year and had to be given financial support by the CBN in the form of the EDW, where the CBN extended credit facilities to the banks on the basis of collateral in the form of commercial papers and bankers acceptances, “sometimes of doubtful value.”
“The total loan portfolio of the five banks, was N2.8 trillion, with margin loans amounting to N456 billion, exposure to oil and gas N487 billion, aggregated non-performing loans N1.143 trillion, representing 40.81 per cent,” said the CBN governor.
He also stated that one of the banks was technically insolvent with a capital adequacy ratio of 1.01 per cent, adding that a minimum capital injection of N204.94 billion will be required in the five banks to meet the minimum capital adequacy ratio of 10 per cent.
The outstanding balance of the five banks on the EDW, said Sanusi, amounted to N127.85 billion by end of July 2009, representing 89.81 per cent of the total industry exposure to the CBN, while their net guaranteed interbank takings stood at N253.30 billion as at August 2, 2009.
He said their liquidity ratios ranged from 17.65 per cent to 24 per cent as at May 31, 2009 and against the regulatory minimum of 25 per cent.
The CBN governor said at the time of his assumption of duty on June 4, the banks owed a total N256.6 billion at the EDW.
He said a review of the activity in the EDW showed that four of the banks were almost permanently locked in as borrowers and were already unable to repay their obligations.
He explained that a fifth bank had become a very frequent borrower “when its profile ordinarily should have placed it among the net placers of funds in the market.”
The apex bank chief noted that three of the five banks were systemically important to the banking sector, accounting for more than five percent of the assets and deposits in the sector, while together, the five banks account for 39.93 per cent of loans; 29.99 per cent of deposits and 31.47 per cent of total assets as at may 31, 2009.
Five other banks - Diamond Bank, First Bank, United Bank for Africa, Guaranty Trust Bank and Sterling Bank - were found in a good financial state by the joint team of examiners from the CBN and Nigerian Deposit Insurance Corpor-ation.
The CBN has fixed mid-September as deadline for the conclusion of the audit of the remaining banks.

Level of Exposure
Total Loan Portfolio - N2.8 trillion
Margin Loans - N456 billion
Oil & Gas Loans - N487 billion
Aggregate NPLs - N1.143 trillion

http://www.thisdayonline.com/nview.php?id=151636
BusinessRe: CBN Sacks CEOs And Management Of Five Banks by klas(m): 10:03pm On Aug 14, 2009
Those who will take over the banks

The newly-appointed chief executives tasked with steering the five banks away from troubled waters are:

Suzanne Iroche, MD/CEO Finbank Plc

Suzanne Iroche started her career with First Bank Plc in 1981 and later moved to International Merchant Bank, in 1982.

She has a Masters degree in Management from The J. L. Kellogg Graduate School of Management, Northwestern University Evanston, Illinois, USA.

In 1988 she joined Chartered Bank Ltd. as a manager to set up the Treasury Division and was later promoted to assistant general manager to head the Corporate Banking Department where she handled a diversified portfolio of companies.

In 1995, Suzanne joined the United Bank for Africa (UBA) where she managed the foreign exchange trading function and offshore investment portfolio for the bank. She rose through the ranks to become executive director on the bank's board in 2005.

In June 2006, Suzanne took on the responsibility as ED Global Bank with responsibility for supervision and expansion of the UBA's banking franchise outside Nigeria.


Olufunke Iyabo Osibodu, MD/CEO Union Bank Plc

With over 27 years of banking experience, she has been the managing director of two banks, MBC, and more recently Ecobank Nigeria Plc (2002-2006), before becoming a director in the parent holding company of Ecobank, Ecobank Transnational Incorporated, a position she left in August 2006.

Her career in banking began in 1981 when she joined NAL Merchant Bank. She moved to Continental Merchant Bank in 1984, heading the treasury department, and then held various positions including vice-president/general manager, Nigeria International Bank; managing director, MBC International Bank and managing director, Ecobank Plc.

She has been a director of ValuCard, Nigeria Interbank Settlement System, Consolidated Discount House Limited, First Securities Discount House Limited, MBC Securities Limited, and ESL Securities Limited.

Born in Lagos in 1959, Mrs. Osibodu attended Holy Child College and the the University of Ife in 1980, where she studied Economics. Funke is also an alumnus of the Harvard Business School where she obtained an MBA in Advanced Management. She has spent over 25 years in the banking industry, spending 16 years in treasury management, 15 years in senior management and 9 years as managing director/chief executive of Ecobank plc.

Until her present appointment, she was chair of Citi Investments Limited, a member of the Nigerian Stock Exchange.


Nebolisa Arah, MD/CEO Afribank Plc

"Known to friends and colleagues as the perfect gentleman, Nebo brings a unique leadership style that simply inspires and motivates," say some close to him. Until his early retirement in 2003, Nebolisah Arah served as chief executive of Fidelity Bank PLC from the inception of the bank in 1988.

John Aboh, MD/CEO Oceanic Bank Plc

Born on the 18th of July 1956, Aboh holds a B.Sc. degree in Finance and an MBA in Finance & Accounts.
A seasoned banker, Aboh began his career in 1981 at First Bank of Nigeria Plc. He also worked as credit analyst, assistant general manager and as deputy general manager & chief inspector in Nigeria Merchant Bank Limited, Nigeria International Bank (Citibank) and United Bank for Africa Plc.

Notable special projects executed by Aboh include the reorganisation of the International Operations System at Nigeria International Bank (Citibank) and the implementation of the UBA MoneyGram money transfer service.

On the 24th of January, 2008, Mr. John Aboh, an executive director (Banking Operations & Services) of First Bank of Nigeria Plc was appointed acting managing Director/chief executive of Wema Bank Plc.
Mahmud L. Alabi, MD/CEO Intercontinental Bank Plc

As at December 31, 2004, he was an executive of Union Bank of Nigeria Plc
On the 8th of September 2008, Mr. Alabi was appointed the acting managing director of Wema Bank.

Alabi took over from Mr. John Aboh, following the sack of Mr. Bisi Omoyeni by the CBN, for allegedly flouting the agreements reached with the central bank and stakeholders of the bank in the crisis that rocked the bank a couple of months before.
FoodRe: Do You Drink Water While Eating? by klas(m): 4:26pm On Aug 05, 2009
Roughlen:
@ spikedcylinder and silat

What is "ajeokuta ma momi"? I've heard that phrase a number of times but still don't know what it means.
Literally means "eat stones without drinking water" Jocular reference to Igbos from their observed tendency of eating very hard garri/eba without taking water during meal.
PoliticsRe: African Petroleum Is Bankrupt Says Access Bank by klas(m): 8:12pm On Jul 22, 2009
Is there really any forex risk in this transaction? Bared of semantics, what Access granted is to me a naira loan. AP's form M and proforma invoice from its supplier was reportedly used by Access to bid for forex from CBN which was used to open the letter of credit. The case here is that Access provided the naira to fund the bid from CBN. So essentially I dont think it bore any exchange risk and therefore there should be no exchange variation. If Access had funded the LC in the first place from an off-shore loan, the form M would have been "not eligible for foreign exchange" and hence could  not have been used to bid from CBN. It appears it wants to make profit on CBN's fund.
PoliticsRe: African Petroleum Is Bankrupt Says Access Bank by klas(m): 2:00pm On Jul 21, 2009
The Punch of today on page 15 and Nigerian Compass of today on front page carry the same story on AP management reaction to the liquidation petition.

According to AP "We are ready to pay but we are opposed to Access Bank's tactic to fleece us. They want to rip-off our company to the tune of N400million"

According to them they opened form M through access bank which  forex was sourced from CBN at the official rate of N116.62 but access bank wants the repayment at N127 to a dollar. AP petitioned CBN over the rate differential . "However, the CBN involvement at the insistence of AP, Falasinu said, infuriated access bank which threatened to go to court even when it was yet to provide any satisfactory answer to apex bank's question"

From their story, it would appear that the case is more of disagreement over what is due than inability to pay.
PoliticsRe: Why Are They All From The North by klas(m): 8:50pm On Jul 20, 2009
Is it only Minister of FCT? What of

Minister of Defence
Executive Secretary - Petroleum Trust Development Fund
Chairman - Federal Character Commission
TravelRe: Wayas (2nd Republic Senate President), Charly Boy Banned By Arik by klas(op): 8:30pm On Jul 04, 2009
Who decide that the story is 'untrue and degrading'? If the airline felt libelled, why didnt they sue the media instead of taking laws into their hands.
TravelWayas (2nd Republic Senate President), Charly Boy Banned By Arik by klas(op): 8:20pm On Jul 04, 2009
Second Republic Senate President, Joseph Wayas, has been barred from flying Arik Air over what the management of the airline described as unruly behaviour while onboard.

It is the same story for show business impresario, Charles Oputa, popularly known as Charly Boy.

Wayas offence is also said to be similar to that of the maverick musician.
As for Charly Boy, former president of the Performing Musicians Employers' Association of Nigeria (PMAN), he was handed the ban for forcefully occupying a seat in the business class instead of economy class, which ticket he had.

According to a memo pasted on the airline's notice board at the ticketing counter at Murtala Mohammed Airport, Ikeja, Charly Boy's ban took effect from January 16, 2009 and will expire on January 16, 2010.

His offences as published in the memo include "non-cooperation with cabin crew, booked on economy class but wanted to seat in business class and, also threatened to deal with the crew when they sought to correct him."


Aside these two popular personalities, the list also contains the names of five others including a journalist (names withheld) who was accused of writing "a degrading but untrue story" about the airline.


The ban, according to the report, will last a whole year.

Effort to get both Wayas and Charly Boy to react to the development were unsuccessful as they would not pick calls put through to their mobile phones or respond to SMS sent to them.

However, Banji Ola, the airline's spokesman justified the action by saying that "it is a standard practice worldwide that passengers considered as threats to other passengers can be prevented from boarding."

http://www.independentngonline.com/news/tfpg/article01
I  have no objection to Wayas, Charly Boy's ban but should the unnamed journalist be punished for doing his work even if unfavourable to the airline?
PoliticsRe: North Trades IGP Seat For Customs Top Job by klas(m): 1:03pm On Jun 29, 2009
Saintb:
I THINK IS TIME WE TELL

THOSE ABOKIS THAT THEY SHOULD MIND THEIR CATTLE.
Their CATTLE is NIGERIA and they are minding it well. sad


rasputinn:
@ Mr Taiwo Adisa

It's Deputy Inspectors General
And it is DIsG. undecided
PropertiesRe: Jabi Lakeside Exquisite Flats In Abuja 4 Sale Wit Pictures & investment analysis by klas(m): 2:59pm On Jun 11, 2009
hakir:
LET US DO SOME INVESTMENT ANALYSIS FOR PROSPECTIVE BUYERS (750m naira apartment).

the prospective buyers are either:

-DIPLOMATS

-INVESTORS (either group or single individual)



INVESTORS

the most appropriate investment for the flat is a SHORT LET.

from reconnaissance surveys from the various short lets in abuja, it has shown that 90% of the profound ones like SIGMA APARTMENT, PENNEL APARTMENT, BARCILONA APARTMENT, DOME APARTMENT all in wuse 2 and maitama are daily booked and sometime fully booked.

the price ranges from 25,000 - 70,000 naira for a 2 bedroom apartment.

jabi is a unique place in the sense that its contemporary, well infrastructured, and in a unique neighborhood with the likes of JABI LAKE to give an ambient feeling of sea side effect.

jabi lacks the likes of these apartment for SHORT LET.

THE SUBJECT PROPERTY IS OVERLOOKING THE LAKE WITH THE BEST OF SENERIO

the property will command about 40,000 - 50,000 naira per apartment per day

based on the assumption that the property was bought for 750m naira (which will finally depends on the negotiating power between the buyer and seller) and calculating on worst case senerio basis.

lets calculate based on 180 days for a year instead of 365 days i.e half a month occupation @ 40,000 per night and 12 apartment

40,000(cost per apartment per day) x 12 (apartment) x 180 (days to represent a fiscal year)

THIS WILL GIVE YOU - 86,400,000 NAIRA PER ANNUM

in less than 10 years the cost of investment has been recovered

and @ 75% occupation per annum it will be 129,600,000 naira per annum

SO IT IS A VIABLE INVESTMENT
Good analysis but will the apartments run themselves?. Variable cost of running which is almost like a 5 star hotel not factored in.
PoliticsRe: Yar’adua Tips Lamido Sanusi For CBN Governor by klas(m): 8:23am On May 26, 2009
mabotech:
Is the Lamido Sanusi, a relative or associate of the former cbn governor b4 Charles Solude.
No. Joseph Sanusi (former cbn governor) is a yoruba from Ondo state. Lamido Sanusi is a fulani prince from Kano. He is the son of a former Emir of Kano that reigned in the mid-20th century. The only common indices with them is the position of the Managing Director of First Bank.
PhonesRe: iPhone Killer Apps Section!! by klas(m): 7:50pm On May 11, 2009
Ex Inferis:
@Klas

itunes uses cookies to keep track of account holders. purge the iphone of any and all apps installed by your source, or do a complete restore since evidently the content in there isnt yours anyway. then go in and sign up.
Thanks Ex Inferis. The only snag is that I have installed so many apps thru cydia sources - xsellize, ispazio, yellowsnow etc and I have used these apps for some wonderful things which I may lose if I have to do complete restore. Can I back up and to where? Infact I cannot see any apps installed by that davidkwm of a man. Might be they were wiped off when it was jailbroken. Anyway thank you for your suggestion.

@logica
Cant you be less arrogant in your postings. Even if you are Steve Job himself, humility should be your watchword. If by anyway ex-inferis is correct, then your 'solution' is as reliable and useful as a one naira clock. So much for idiotic arrogance.
PhonesRe: iPhone Killer Apps Section!! by klas(m): 10:11pm On May 10, 2009
logica:
And what is wrong with asking the person you bought it from if it wasn't stolen? Why would you want to use another person's id to access App Store, where you can potentially purchase items charged to his account? Do you honest expect any help here? Just register YOUR OWN App Store account, or is that too difficult to do?
Be assured that neither the source nor I are so low as to steal mere iphone and I didnt say I bought it. I intended to register and purchase some software and that was why I tried to log in initially. I was suprised to see the name there. The purpose of my post is to seek help on how to bypass the repeated request for password and register my own account. The site is just asking for password instead of asking me to register. Pls do tell me how to access the registration 'window' instead of the login pasword that is showing
PhonesRe: iPhone Killer Apps Section!! by klas(m): 7:44pm On May 10, 2009
[size=14pt]I have a jailbroken and unlocked iphone. The itune/app store account is already registered in the name of one 'davidkwm'. I dont know the password and my source (of the iphone) doesnt know either. What do I do to access itune/app store? Thanks.[/size]
Jobs/VacanciesRe: CIBN Act: Banks To Employ Only CIBN Members by klas(m): 2:27pm On May 06, 2009
busi-bodi:
another stupid legacy from OBJ.
The requirement had always been in CIBN Act right from the original Act in 1992 and still retained in 2007 Ammendment. It is not OBJ legacy.

Contrary to what most people think, YOU DO NOT NEED TO WRITE ANY EXAMS TO BE A 'MEMBER' OF CIBN. Infact all present MDs of Banks in Nigeria are 'members' even those who dont know what the logo of CIBN looks like.

Unlike ICAN or some other professional bodies, there are Seven (7) classes of membership in CIBN as follows


MEMBER:
Anybody working in a bank is required to register as an ordinary member of CIBN. He/She pays annual subscription of N1,000.  No exam is required. Just be a bank worker. More of income generation outlet for the institute. They may  use MCIB after their names.

HONOURARY SENIOR MEMBER: An ordinary member as above who has retired.

STUDENT MEMBER: A graduate who wish to write the institute exams to qualify as an Associate

GRADUATE MEMBER:On successful completion of the institute professional exams by a student member before election as an Associate.

ASSOCIATE: On election/admission of a graduate into associate cadre. They use designation letter ACIB after their names.

HONOURARY FELLOW: Conferred honoura causa on a prominent person

FELLOW: Conferred on Associate after 10 years of qualification on application by the associate.  They use FCIB as designation letter
PoliticsRe: Yaradua Suspends Domestic Passenger Plane In Air For 3 Hrs. by klas(m): 1:56pm On Jan 21, 2009
As some posters have rightly stated, airspace can be closed for presidential movement. In ICAO rule book, the airplane carrying a country Head of State has priority take-off and landing rights. This privilege may be extended to a visiting Head of State.

I have doubt about the reason given by the airline for the delay if such long delay did indeed happen. The report was said to be culled from the Saturday 17/1/08 edition of Saturday Vanguard. Since it referred to ‘yesterday’, one can deduce that the event happened on Friday 16/1/08 between 12 noon and 3pm (since the plane reportedly landed at 3pm after ‘3hours’ delay). But at that period, the president was at National Central Mosque in central Abuja for normal Friday muslim prayer. Was the airport closed for the president that was 60km away or was the whole Abuja airspace closed when there was no national emergency?

Nigeria government has in recent times taken measures to minimise the time of closure of airport for VIP movement. These include shifting official reception and Guard Review of the visiting president to the grounds of the Presidential Villa instead of the airport, so our president hardly goes to airport to receive dignitaries.

If the report had referred to the previous Saturday 10/1/08, it would be understandable because of the emergency ECOWAS Heads of state’s meeting on Guinea coup that took place that day but then no genuine aviation official would have claimed ignorance of such pre-planned closure.

I will also raise the issue of apparent non-compliance with ICAO rule by Bellview on the minimum quantity of fuel to be carried by planes. It should be enough to reach planned destination and possible diversion to another airport. Now, no air controller will ask a 1 hour flight to be in holding pattern for 3 hours at destination airport (an equivalent of 2 return trips) without diverting or returning it. In fact, the flight would not have originated at all since Lagos is in the same air jurisdiction as Abuja.

As for passengers fainting, did the plane got de-pressurised because it was held up? Was it then allowed to land because of mayday call or no distress call was made or it was ignored?

There are many things in that report that just do not reflect how civil aviation operations are done
AutosRe: BABEISME... pre-order ur rides now and recieve in 3 weeks+ free blackberry storm by klas(m): 11:17pm On Jan 19, 2009
My iphone suppose don born pickin by now. So I will collect all then.
AutosRe: BABEISME... pre-order ur rides now and recieve in 3 weeks+ free blackberry storm by klas(m): 9:58pm On Jan 19, 2009
babeisme:
Happy, Very happy to inform my wonderful and patient customers that the ship has finally berthed and is offloading. Your rides will be out by Friday by God's grace. In the mean time, hope you're loving your Iphones.
Yours happily,
Babeisme wink
You mean some pple don collect the iphone before they see the koko ride? They had cause to be patient since they are holding something smiley

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