₦airaland Forum

Ameboperoo:
Palmpay that offer 2% *daily* and the tenure of their loan is lass than 2 months

Mpeace:
Something like that. It was part of a settlement/deal

ppogba:
Which Opay and palmpay loan rates are ridiculous?

Have you bothered to compare their rates with commercial banks and MFBs? Please do so.

SonofElElyonRet:

SonofElElyonRet:
The CEO of the stock exchange recently "reported" Opay and Palmpay to Tinubu for making money in Nigeria but not doing dual listing for Nigerians to partake in their upcoming POs. Opay went to New York and Palmpay went to Hong Kong. Hope Tinubu will step in to compel both companies to give Nigerians a chance to partake

Tessyy1701:
I have been wanting to buy some stock but I do procrastinate... Two days ago I downloaded cowryrise and about to fund it.

For those that have knowledge about stocks, is now a good time to buy? And which particular stock can I buy?

Starting fund is 10k

Tessyy1701:
I have been wanting to buy some stock but I do procrastinate... Two days ago I downloaded cowryrise and about to fund it.

For those that have knowledge about stocks, is now a good time to buy? And which particular stock can I buy?

Starting fund is 10k

NSEstudent:
Maybe I'm lost. Are the shares seized from him?

NSEstudent:
The PSBs are good but their loan rates are indeed pretty much outrageous. Unfortunately, most of the users of the loans don't study it and/or don't care about rates. The PSBs continue to thrive in the loan business because they are easily accessible.

innovestor:
Please wait till 2031.

chimex38:
Kinda. As required by Court.
Otudeko was asked to forfeit it. But he doesn't want to sell to Otedola.. That's the crux.

But the argument is whether it will go to FBN purse as a company or fellow shareholders.
To which I think it will definitely go to fellow shareholders and not FBN, cuz it's termed "share sale".

Princkez:
does that mean it will be distributed to shareholders as special dividend?

chimex38:
No. To sell it out to any prefered buyer on the floor or cross deals and relinquish his grip on the bank and quash some other allegations as part of court order or so some yrs ago.

londonerr:
You don't know what you're saying....

chimex38:
No. To sell it out to any prefered buyer on the floor or cross deals and relinquish his grip on the bank and quash some other allegations as part of court order or so some yrs ago.

ayobama1:
2.95% monthly interest rates compounds to 36% plus annually

Streetinvestor2:
The money is going to FBNH as part of the insider loan he gave to himself which was classified under NPL Under his watch/ new management. FBNH wrote off over 3 trillion NPL
And to remove his controlling power in the board of FBNH management
FBN is using the money to hit higher capitalisation far above what cbn demanded

lionshare:
FYA

Streetinvestor2:
The money is going to FBNH as part of the insider loan he gave to himself which was classified under NPL Under his watch/ new management. FBNH wrote off over 3 trillion NPL
And to remove his controlling power in the board of FBNH management
FBN is using the money to hit higher capitalisation far above what cbn demanded.
I trillion capital base

ppogba:
In life, anything called loans can never be palatable.

Easy to collect, difficult to pay.

Streetinvestor2:
Na this kind facilities they make salary earners vote wrong person for 3 cups of rice...lol
Go and apply as business man.You will be told that u are not qualified. That is like 20% on 1 millions

Streetinvestor2:
But I was told NELFUND is the best thing to happen to Nigeria youths by this government
So it an achievement that calls for celebrations instead of subsidy in education.
What a contradiction from ur type...lol

ppogba:
" Whatever faces a person, most likely has it's back turned to another".......... African proverb.

For an indigent, brilliant first child in a family of eight who obtains NELFUND to see himself avoid dropping out in the Uni, his or her view will be totally different from yours. FACT.

It is what you know without anyone telling you that higher education is not cheap anywhere especially the so called advanced countries that your ilk are always fond of making reference to.

In one breath, you want cheaper higher education, in another you also want top class, internationally competitive higher education all combined into one. It is only hypocrisy that can make that possible.

However, no one is and cannot deny you your right to ever find fault in what a government that you hate with all your energy does. It is understandable.

chimex38:
Kinda. As required by Court.
Otudeko was asked to forfeit it. But he doesn't want to sell to Otedola.. That's the crux.

But the argument is whether it will go to FBN purse as a company or fellow shareholders.
To which I think it will definitely go to fellow shareholders and not FBN, cuz it's termed "share sale".

chimex38:
Kinda. As required by Court.
Otudeko was asked to forfeit it. But he doesn't want to sell to Otedola.. That's the crux.

But the argument is whether it will go to FBN purse as a company or fellow shareholders.
To which I think it will definitely go to fellow shareholders and not FBN, cuz it's termed "share sale".

emmanuelewumi:
It is not going to shareholders it the going the investment vehicle which held the stocks in trust for owners. I learnt they bought it at N31 per share

megawealth01:
Oba don turn madly WEALTHY las las