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Nairaland Forum / Nairaland / General / Business / CBN Intervention loans: Companies Declare Huge Profits (10643 Views)
N193 Billion Intervention Loans Declared Lost By CBN / Supermarket Owners Rake In Huge Profits Over Closure Of Shoprite In Akure / Suggest The Best And Affordable Quick Loans Companies (2) (3) (4)
Re: CBN Intervention loans: Companies Declare Huge Profits by FreeStuffsNG: 10:02am On Aug 06, 2021 |
Amhappy:A lot is being done to help small businesses but most of them don't have structures and default in loan repayment. Few weeks ago, most of the small businesses that participated for free in the Lagos MSME fair had their products bought off and paid for by Lagos State Government! I am surprised that the press did not report this 1 Like |
Re: CBN Intervention loans: Companies Declare Huge Profits by jaxxy(m): 10:11am On Aug 06, 2021 |
FreeStuffsNG: Very poor publicity stunt. U guys can do better, hire a better PR team quickly. See comment, so the victims crying out and suffering from this directionless economy and policies are now the enemies of the country? The incompetent people in government drawing us backward while eating fat from our collective patrimony are the enemies of Nigeria. 1 Like |
Re: CBN Intervention loans: Companies Declare Huge Profits by OmoEpe(m): 10:12am On Aug 06, 2021 |
IPOB miscreants and naysayers have suddenly gone on sabbatical. People who can't see good things in their lives |
Re: CBN Intervention loans: Companies Declare Huge Profits by Yankee101: 10:17am On Aug 06, 2021 |
Poor accounting or fraud An intervention is not profit |
Re: CBN Intervention loans: Companies Declare Huge Profits by oneMalik: 10:55am On Aug 06, 2021 |
can we talk ? how and when ? Higgies: |
Re: CBN Intervention loans: Companies Declare Huge Profits by oneMalik: 11:02am On Aug 06, 2021 |
what do you do for a living ? be sincere to yourself and you'll be living a better and more productive life...... leader don't complian and they don't explain .....if your 2yrs old boy can demand for a Bobo juice not minding if you have money or not but you solve the problem , then you're a leader .LEAD !!! Stop the blame game cos Men are talking here jaxxy: |
Re: CBN Intervention loans: Companies Declare Huge Profits by oneMalik: 11:04am On Aug 06, 2021 |
STOP the division cos this NEWS is for MENquote author=OmoEpe post=104484712]IPOB miscreants and naysayers have suddenly gone on sabbatical. People who can't see good things in their lives[/quote] |
Re: CBN Intervention loans: Companies Declare Huge Profits by jaxxy(m): 11:09am On Aug 06, 2021 |
oneMalik: I’m speaking on the situation of millions of Nigerians and not exactly my personal situation or position. I’m doing fine doesn’t mean I should ignore mass suffering caused by stupid leaders. I will always speak for others and myself whenever necessary. That is ur civil responsibility not to think of only urself bt ur community, fellow citizens and its general development. My statements are not necessarily personal. 1 Like |
Re: CBN Intervention loans: Companies Declare Huge Profits by FreeStuffsNG: 11:11am On Aug 06, 2021 |
jaxxy:So you will rather have the companies lose and people fired so you can be happy sir? SMH. |
Re: CBN Intervention loans: Companies Declare Huge Profits by jaxxy(m): 11:14am On Aug 06, 2021 |
FreeStuffsNG: Nope bt I don’t who got these loans cos many still lost their jobs due to the pandemic. |
Re: CBN Intervention loans: Companies Declare Huge Profits by Tundex911: 11:17am On Aug 06, 2021 |
As if Congo of Garri don reduce to 200 Awon weyrey gbogbo Smh 1 Like |
Re: CBN Intervention loans: Companies Declare Huge Profits by FreeStuffsNG: 11:19am On Aug 06, 2021 |
jaxxy:Okay. Please go and read the financial reports of those publicly quoted companies. It's as simple as that to help you know. What CBN did is no brainer by relieving the manufacturers from the excruciating high interest the commercial banks charge them using CBN low interest intervention funds but why it's different now is that CBN ensured that the funds were used for the purposes the manufacturers requested the loans for. It's not like before that people collect the loans and divert it to politics or to buy forex and hoard. |
Re: CBN Intervention loans: Companies Declare Huge Profits by Iyasaburi: 11:37am On Aug 06, 2021 |
FreeStuffsNG: What impact has this had on the economy? The activities of this government are haphazard. No clear direction 1 Like |
Re: CBN Intervention loans: Companies Declare Huge Profits by Higgies(m): 11:39am On Aug 06, 2021 |
oneMalik:080 680 374 1 6 |
Re: CBN Intervention loans: Companies Declare Huge Profits by Prinss: 2:06pm On Aug 06, 2021 |
The CBN should also set up a panel of committees or agencies to carry out thorough examination and investigation to ascertain whether or not the money is reaching or getting to the right people as at when due...There are a lot of discrepancies going on with the approval and disbursement of this money. |
Re: CBN Intervention loans: Companies Declare Huge Profits by Bizibi(m): 5:24pm On Aug 06, 2021 |
FreeStuffsNG:just keep quiet!!!! As if some of us are not stupid. |
Re: CBN Intervention loans: Companies Declare Huge Profits by FreeStuffsNG: 6:50pm On Aug 06, 2021 |
Bizibi:From your uncouth tone, I can figure out your generation . That generation of internet that will not read but claim to know it all and throw insults at people while online hiding behind the anonymity on forums like this. I only requested you to READ , you didn't and still won't . Here is another corporate disclosure by one of the companies listed, declaring interim dividend just now. There's no brainer here, what the CBN did is not rocket science, please read to understand and empower yourself.
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Re: CBN Intervention loans: Companies Declare Huge Profits by Bizibi(m): 6:53pm On Aug 06, 2021 |
FreeStuffsNG:abeg just keep quiet!!! Some of you think we don't know the level of corruption on these loans even one told me offices will be burnt to cover tracks before this administration tenure ends. |
Re: CBN Intervention loans: Companies Declare Huge Profits by PastorFire: 12:51am On Aug 07, 2021 |
As juicy as the report sounds, it is not entirely true. Most of this programs were garnished with enough publicity stunts without disbursement. Just like NYIF and AGEMEIS. |
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