₦airaland Forum

[size=28pt]Controversial Man[/size]

Same ol' poor and greedy mentality of African leaders.

What is an 82yr old man supposed to do with $70b? He's been in power for 30yrs and is reluctant to leave just like Mugabe.

[size=15pt]chei! tufiakwa! After making Nigeira proud these ambassadors are treated like malu malu. What a shame![/size]

[size=58pt]NAIJA, 9ja, NyJa[/size]

Citeh 2 - 0 United

West London Derby. Will be a difficult one for Chelsea

Erratic and unreliable Arsenal. Hypertension wan kill us (fans).

[size=22pt]chidichris = orangemen? [/size]
Now I know. I was actually wondering where in the world you were while people are here talking of your darling Mikel. Barring your previous id was indeed necessitated because you were brashly obstinate and petulant in your posts. Well done moderators!

You better watch your mouth now; else you will be blocked again and maybe you will have to come back as the Lemon or Ginger-bread man

[size=20pt]@Poster, You no dey fear? Talking about Mikel in this manner. Wait make chidichris catch you.[/size]

President Jonathan has suspended the Super Eagles from international football competitions for 2 years.

Wont FIFA punish us for this interference in football by the government?


http://news.bbc.co.uk/sport2/hi/football/world_cup_2010/8777118.stm

Nigeria's president has suspended his nation's football team from international competition for two years after a poor showing at the World Cup.

Special presidential adviser Ima Niboro told reporters the decision by Goodluck Jonathan will "enable Nigeria to reorganise its football".

The BBC understands the Nigerian Football Federation is to be dissolved and an interim board appointed.

Nigeria were knocked out in the group stages without winning a game.

Niboro said: "This directive became necessary following Nigeria's poor performance in the ongoing World Cup.

Under Fifa rules, government interference with national teams is strictly forbidden.

:-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x :-x

For the benefit of those arguing with chidichris, please desist from doing so. I have been down that road and can emphatically tell you that you are wasting your time. He is an ignoramus and a retard that has conceived an omnipotent opinion about Mikel Obi. His arrogant outbursts against those whose posts are suggestive to be anti-Mikel makes one wonder.

He’s not only belittled himself but has made alot of people in this forum categorize Ibo's because of his despicable attitude. Unfortunately majority of Ibo's are learned and well mannered but as usual there are always a few nuisance values like chidichris who resides in Dubai feeding on camel dung and semen.

I have always had issues with Mikel's performance, commitment and patriotism when it comes to the Eagles. Why was he included in the first place if he hadn’t fully recovered just like we understand is the condition of Ike Uche and Anichebe? Not that his absence will be a big blow though (back and side passer he is). I gathered from Sky sports that he is concerned about aggravating an injury when in fact it is not certain he will. David Beckham though injured is training with the English team just to boost morale. I remember the Nigerian Senegalese match at the quarter final of the 2000 African cup of Nations in Lagos. Oliseh was sick and ruled out of the match but in the course of the match as we were down 0-1 you could see him standing on the touchline biting his finger nails and visibly disturbed and itching and at the same time prodding his team mates, eventually he opted to play albeit being sick. He did make the difference in the game which we eventually won. That is commitment and patriotism.

Mikel's attitude depicts the attitude of most of our players today and this is part of the reason our performance has been nose diving over the years.

@ Namski

I believe I said "I am not saying your bank is right to owe you benefits" in my penultimate post therefore you lack basis for insinuating that I am bias or lack judgment in this case.

How does perpetration of fraud rationalize an employer’s failure to pay a fraction of an employee’s salary? A fraudster will always ply his/her trade whenever the opportunity avails itself irrespective of payment package and bonus.

In your words, "Zenith bank is a smokescreen” We have heard thee; o ye soothsayer. We all patiently await doomsday to confirm your prophecy.

@ Zengurl

Your insolence under the circumstance has enabled me to “size you” and also shows your inability to have a high-pitched delibration where "personal attacks" should be intelligently undertoned rather than direct and vulgar. This explains your tactlessness against your employers.

Namski,

If you are a staff of Zenith bank, you and Zengurl dont deserve to work there. Lambasting your employers in public and encouraging co-staff to perpetrate fraud because your employer owes you benefits portrays you as ill-mannered and unlearned people.

I am not saying your bank is right to owe you benefits, but you are supposed to protect the image of your place of work. Your bank survived Sanusi's tsunami and you should be proud of it rather than run down its PR in public. If you have grievances, channel them to your HR Dept. and stop behaving like half-baked and waywardly-inbred kids in a public forum.

End of story.

Zengurl,

I am a customer of Zenith Bank. Are you categorically saying that I should pull out my funds from Zenith bank because it is no longer safe or because you are embittered that the management did not pay your profit sharing therefore you now wish scare customers of Zenith bank to embark on a massive withdrawal action? or you are saying that the bank’s finances is in red alert because of criminal activity of staff? How does this affect depositor’s funds? When they eventually pay you what they owe you, will you further inform us of fraudulent activity of your co-staff?

I thought Zenith Bank just paid dividend plus bonus to its shareholders? Is that paper profit? If so, did your bank’s management manage to bribe Sanusi and the CBN to scale its recently concluded stringent examination that sanctioned some banks?

Are you a mercenary? You sound acrimonious to me.

And so effing what?
Zenith, UBA & Skye Banks are solid banks therefore a change of CEO will not in anyway affect the fortune of the banks.

kathyekiti:
@maitema
After a detailed history and physical, your girlfriend's gyn would be able to make recommendations. Ask her to set up a visit

MAITEMA:
Hello Doc,
Please kindly advise on what options (safe contraceptives or otherwise) they are for me to have unprotected sex and avoid impregnating my partner. We are trying to avoid unplanned pregnancies.
Thanks.

Dear Doc, I actually meant how can I avoid impregnating. I am the one keen on avoidance. I do not mean a vasectomy but other safer options if they are.

Hello Doc,
Please kindly advise on what options (safe contraceptives or otherwise) they are for me to have unprotected sex and avoid impregnating my partner. We are trying to avoid unplanned pregnancies.
Thanks.

God o!!!! What is this now? Another 4years of wasting 6k monthly on service coated with dissatisfaction and mediocrity.

Personally, subscribing to HiTV is a matter of fait accompli. I need it for the football and after the football, there is nothing else that jukebox + gramophone + locomotive has to offer. If it was a matter of votes in my house it will be only DSTV but because I cant do without football I find myself in a dilemma of coughing out N15,500 monthly for both.

Mr. Subair and his cohorts are smiling to the bank without even taking a cue from DSTV’s quality channels, picture quality and info access. Typical Nigerian business mentality!!!

My prayer is for HiTV to either lose out in future or give us everything DSTV has. This is not a matter of patriotism.

meine:
The Nigerian capital market went down through corporate fraud and self deceit, it may take an insider to understand the details of it, so please stop using WARREN BUFFET theories to invest in this market!!!

If Buffet had invested in the Nigerian market,his investments would be worth papers right now,,,Nigeria's situation defies all theories!!!

What are you talking about? where there no corporate frauds, manipulations and deceit in the American financial sector? Have you heard the names; Enron, Worldcom? I strongly recommend you read House of cards. I have a copy to borrow you if you cant spend that much on a book.

http://www.thisdayonline.com/nview.php?id=151730

Thisday: Your investigation was done on ten banks in the first instance. So, are we expecting more? When will the remaining banks face the audit?
Sanusi: The examiner can do a routine examination or a special examination. We ordered a special investigation of these banks because of what we saw and then because of a general perception in the market. The results are coming out and the banks are taking actions. I can tell you that in the next couple of weeks, we would have done 24 banks.

Thisday: So, you have a fair view of what the remaining banks look like?
Sanusi: I have a fair view. I have always had a fair view of what all the 24 banks look like.

Thisday: What will happen if you go in there and you find out that the other banks unaffected now show worse signs than the ones you have done?
Sanusi: If I find that and I don’t think so. You see, in this business, I’m a professional. If a bank is sick, there are signs. If a bank is sick, the signs are self-evident. You will see high interest rates. You will know it from their cash flow. You will know it from movement in balance sheet action. You will know it from the kind of customers from their customer profile. It is on that basis that I can say that the banks we have taken out address substantially the problems in the Nigerian banking industry.


Is Sanusi hinting that the unaudited banks are safe?

Culled from Sanusi Lamido's interniew hours after he announced the sack of MD's ans ED's of five banks

http://www.thisdayonline.com/nview.php?id=151730

Thisday: Your investigation was done on ten banks in the first instance. So, are we expecting more? When will the remaining banks face the audit?
Sanusi: The examiner can do a routine examination or a special examination. We ordered a special investigation of these banks because of what we saw and then because of a general perception in the market. The results are coming out and the banks are taking actions. I can tell you that in the next couple of weeks, we would have done 24 banks.

Thisday: So, you have a fair view of what the remaining banks look like?
Sanusi: I have a fair view. I have always had a fair view of what all the 24 banks look like.

Thisday: What will happen if you go in there and you find out that the other banks unaffected now show worse signs than the ones you have done?
Sanusi: If I find that and I don’t think so. You see, in this business, I’m a professional. If a bank is sick, there are signs. If a bank is sick, the signs are self-evident. You will see high interest rates. You will know it from their cash flow. You will know it from movement in balance sheet action. You will know it from the kind of customers from their customer profile. It is on that basis that I can say that the banks we have taken out address substantially the problems in the Nigerian banking industry.

Thisday: How will the CBN manage the public perception of this action? People are afraid that banks are failing.
Sanusi: Part of why I’m having this meeting is to get that opportunity to lay to rest peoples’ fear. A banking system can collapse if we do not swiftly address problems. When an institution has the kind of exposure that we have seen, it is very important that you act to save that institution. For us at the CBN, what we have done is to strengthen the system. By the time we provide the capital and provide new management, we have strengthened it. It is about what kind of message we send out. In any event, we are going to ensure that the banks are well funded. We will ensure that nobody will keep money and cannot take out his money. We believe that there will be no problem. The final thing that I will say is that very often the fear of unintended consequences had stopped people from taking action. The question is if we did not take action, what is going to happen? For me, that was the question I had to agonise over.


What are your thoughts?

Why do some of you just type arrant nonsense and simply jump into brash conclusions just to portray Nigeria in bad light? If the guidelines didnt make him eligible, would he have been voted or did he make the rules for candidature/eligibility? His predecessor Dr. Oba Otudeko also doubled as Chairman of HoneyWell plc during his tenure and nobody said a word about it.

Ibime:
Why waste time answering the buffoon

The lion (Dangote) is now in charge of the zoo. Goodbye to NSE.

@ all investors, withdraw your cash with immediate effect.

When you withdraw whatever if left of your investment in NSE your losses actually crystallizes. For those of us that have investments there, we are simply roped. All investors need do is consider their investments as long-term and pray their companies continually pay dividends/give bonuses as I personally do not envisage immediate recovery of my investments.

Oceanic bank is obviously in murky waters and this is an established fact within the financial circles.

The management have been careless and reckless. I cite an instance, I was reliably informed by a customer of theirs about a lousy fella (his friend) that bolted with a loan ($ millions) and went globetrotting and frolicking with the loan. I read a staff saying that the bad debts will be recovered, how do you recover such unsecured loans?. Isnt granting such loans careless and reckless? Furthermore, lazy a-s-s personnel have trooped into the bank in the name of it being the highest paid and where peace is experienced. I know a staff of another bank that kept telling me that she is fed up with deposit pressure from her bank and wants to work in Oceanic because their staff experience peace.

As I said in an earlier post the management board's decision to earmark N42billion to cover for losses and refusal to pay even a pittance to shareholders is tantamount to gross misconduct, negligence and callousness towards shareholders, How can you rationalize overpaying lazy a-s-s staff and neglecting shareholders that plunged their hard earned money (salaries, sale of valuable belongings etc) into the bank? Other banks (First Bank, Zenith) made provisions for losses and equally paid dividends.

Personally having lost over 75% of initial investment in Oceanic bank shares, even a stipend in the name of dividend in their released results would have eased my fury. The bonus issue of 1 for 10 is inimical because the value of Oceanic bank shares are almost worthless and cannot even be sold!