₦airaland Forum

Isn't bishop omo jesu? Let him tesumole na

Romanoff:
Only one person like 6 different universities.

The hustle must pay.

see them oooo.

Let's praise the lord for he created SARS-COVID-2 to give us COVID-19 so as to be able to wipe out the weak among us. Thank you oh lord

So what should we do about this?

Technically he did lose

tsephanyah:
"what goes around comes around...." That's why I said RUGA is the solution. Just because Fulani herdsmen are not on social media that doesn't mean they don't suffer casualties.

your sermon was posted at the wrong time

Will we die in this country if we are honest? Everywhere I look it seems someone is trying to con or steal some money you. If you try to do business your employees will steal your money, the people you are supplying to will spend your money on personal issues even your suppliers might want to look for ways of screw*ing you over.

Mfunkynation:
just did the calculation.. Uba

maybe UBA reduced their interest rate? I won't be able to say with certainty because the interest rate I received last month was on money lodged on the 13th and it was 2.4% per annum but before then I was paid 4.1% per annum (as at January) . I would prefer someone else using UBA do the calculation and tell us the interest rate they received.

SaintUlot:
The cost of making transfer for eurobond/dollar investment is on the high side, imagine my friend was billed over 110k if he wants to transfer 30kusd, that's around 310usd. He had to rethink on whether to invest or not. A transfer that would have cost 52ngn if it were to be naira mmf or treasury bills.

his money will retain its value over time against our naira, the price is pretty steep though but I think it's worth it

franchasng:
Meanwhile, no Coronavirus infection have been recorded in Biafra nation, a new emerging country from the sub-sharan Africa, despite their huge relationship and business ties with China the birthplace of this novel coronavirus.


Briefing newsmen at Biafran Eagle house in the capital of the young country, the Minister of Health Compliance, Prof. Baldwin Dikeocha said the fact that the Covid-19 infection have not been recorded in a business dominated country like Biafra is a global mystery considering number of direct flights that operate from the promising Sub-saharan African nation to China.


He further stated that Biafran special research scientists are already researching on possible cure and vaccine for the virus ahead and are making breakthrough already.


Source: Yahoo News

bull

ozymes:
Which Bank please?

i don't know of any bank paying 6% per annum, am just using the illustration as an example

xtremecr8:
God bless you sir. The attempt to reduce it to "go see the legal " says much about how long injustice committed against small brands has been permitted and taken as normal. The legal angle was an afterthought and clearly ought to be before the logo was used if it wasn't an attempt to intimidate us.
We are small but not unreasonable. This is a pattern to intimidate and we will not be intimidated. They won't do this to international brands they spend billions to get same services available locally. Did they refer CNN to their legal unit to pay CNN when they used our designed logo on their ads that ran on international media?
We don't have business with their legal unit after they used our design.
Once they had used our design and schemed that paying for about 100 ipad covers they ordered us to print would fool us as the compensation, referring to legal was just to dig in more delays and technicality so we won't be paid. We have equally refused to sign any confidentiality form they are imposing on their vendors in the wake of our demand that we get paid. Small brands are seriously been humiliated and killed by these Nigerian big brands and we need the support of everyone including government to put a stop to it before they kill our creative industry completely.
If Mrs Folake Ani-Mumuney had requested us to see legal before our design for their 125th Anniversary logo was used, we would gladly do so. Referring us to legal unit while they are using our design and not paying us is how they want to kill us.
We deserve our pay and won't stop begging well meaning Nigerians to prevail on big brand First bank not to kill us.

even though this might look like reducing this issue to: "go and see legal", the fact here is that the only option you have now that might probably led to you receiving your money is to go and see the legal Dept first.

Mfunkynation:
after calculating, the result was 3.35 something?

is this after or before considering tax and which bank is that

tipzy001:
Good Morning. By Principal, do you mean the current account balance or the balance on the account before the interest was received?

lol. It's the balance in the account before interest was received. Let's say I woke up this morning and found that i received interest of 5000, i see my my balance in the account has increased to 1,005,000; to calculate interest rate i will remove the 5000 interest from the 1,005,000 I will get 1,000,000(principal) after that, I do this 5000(interest) /1,000,000(principal); it gives me 0.005.
0.005 is multiplied by 100 to get interest rate per month which is 0.5%. This 0.5% is then multiplied by 12 to get the interest rate per annum which is 6%.

Mfunkynation:
I have follow ur instructions but am not getting a better results

the rate you are getting is small?

AngryIgboMan:
Nairaland these days have turned to a playground for people without thinking or reasoning faculty. Sorry to say these but the average Nigerian still thinks like a stone age beast.

Even though the complainant made very clear his reasons for not using the legal route, some airheads still think they are smart and can force there opinions on others.

All same, I will assist the OP by giving an illustration I gave on another thread.

Pyrrhic victory is a victory or success that comes at the expense of great losses or costs. In business, examples of such a victory could include winning a lengthy and expensive lawsuit that at the end of the day, it wouldn't have made sense to head to the courts.

The expression alludes to King Pyrrhus of Epicurus, who, after defeating the Romans in battle, reportedly said: "If we win another such battle against the Romans, we will be completely lost." He reportedly lost 16,000 of his 17,000 best officers and warlords.

In life, there are things you just allow to slide no matter how painful it is. It doesn't make sense to win a battle and loose a war.

I believe that the complainant is trying to make first bank see reasons on why this should not get dirty. Infact if this gets sorted out in a "clean" manner, he may still get another contract from them which will be a win win for everybody. Please lets be guided.

My personal opinion though.

nobody here is advising the op to embark on a legal tussle, most of us on the other side; we are simply saying the op should at least meet with the legal department and hear what they have to say. The logo was designed for the whole of First Bank and not the rude lady in question. The way I see it the legal department can enter, break and approve contract on behalf of the bank as a whole, OP GO AND SEE WHAT THEY HAVE TO SAY IN THE LEGAL DEPARTMENT. Now if they now say that we are not paying you for bla bla reasons then we will all know that the people at first bank are terrible people till then this is not the best way to sort out this issue.

Mfunkynation:
please let me know the formula you use in calculating. thanks

first you divide interest received by principal then you multiply by 100 then you multiply by 12. You should get annual interest. Note tax has not been considered though it will reduce the amount received as interest but then it is irrelevant as it cannot be avoided.

Nigeria people make una open una ears ooooo

This is how you spread covid-19

kponkedenge:
Apart from China, Iran is another country hard hit, the worst part is that it is hitting their ruling class and elite.

is that really a bad thing?

AMvanquish:
But still , they should hear what they have to say or offer at the legal Dept. They are acting on speculation so far.

I don't know why it is so difficult for the op to hear what the people at first bank legal department have to say

Garlay:
Are you sure you calculated it well because i got #2240 for my #700,000 in my UBA savings account

when the money was deposited and no of withdrawal is also a factor (i think)

jayjay1512:
Please how true is this and which bank is offering such rate

am sure of UBA and First Bank cause I receive interest on my account in those banks

damilola1978:
lol...please walk into the bank and confirm...

no need to, did calculations on the interest I received this morning and last month; 4.3% in 12 months

damilola1978:
first bank is 3%

nah its also above 4

Police man brutalizes innocent man

https://www.nairaland.com/5712813/police-man-brutalizes-law-abiding#87062406