₦airaland Forum

madridguy:
Definition of illiterate: unable to read or write.

I still don't know why the North always top this list despite the fact that majority of Northerners can read and write in Arabic language.

This is a region that has a working system before the arrival of the colonial master. They have their schools already and this is the reason till tomorrow the Nigeria Army motto is written in Arabic.

It's a fallacious fallacy assuming that majority of northerners can read and write in Arabic.

The average okada rider from the north that carries you on his bike knows NADA about Arabic. Quit this notion abeg or better still engage them.

Time to abuse Statisense.

1,2,3 gooooooooooooooo

bovali:
Let’s take a step back and look at the numbers. Nigeria has approximately 64.8 million BVN-linked bank accounts, yet only 5% of these accounts hold balances above ₦500,000. That’s just about 3.24 million individuals. In a country with a population exceeding 230 million, this means only around 1.4% of Nigerians have access to more than ₦500,000 in their accounts.

Now consider this: if only 1.4% have over ₦500,000, it is highly unlikely that up to 1% of the population has a net worth of ₦200 million or more — even when you factor in non-cash assets.

Zoom in on Lagos, Nigeria’s commercial capital, with a population of about 15 million. How many of its residents can realistically be classified as wealthy? Then extend that question to the rest of the country — from smaller cities to rural communities.

Even in government, the numbers don’t stretch far. How many politicians do we actually have? Not nearly enough to tilt the wealth statistics significantly. And if we look at the private sector, Dangote — Nigeria’s largest private employer — has fewer than 50,000 employees. That’s a drop in the ocean compared to the labour force.

So when we talk about wealth in Nigeria, let’s be honest and grounded. The numbers paint a clear picture: true wealth is held by a very small fraction of the population.

Also, see image. Can download report with last link.

Sources:
https://nairametrics.com/2024/02/24/only-about-5-of-nigerians-have-over-n500000-in-their-bank-accounts-wale-edun/
https://punchng.com/bvn-enrolments-hit-64-8m/
https://intelpoint.co/report/the-nigerian-financial-services-market/

Well-done for this your analysis oo.
At least, it will help some educated ignorant .
I keep wondering whether it is the 20 percent of Nigeria' s population that people do not know what it translates to or the sum of N200m itself.

A clown talked about the number of houses in his village to argue his position while another said most people he knows are in the category of those that owns houses with SUVs.

Like I said earlier, I just hope that the kids are not migrating here surreptitiously.

seunmsg:
A very weak attempt at comeback. Wike already finished whatever is left of Dele Momodu’s integrity. Not that he has much before anyway.

Weak is an understatement.

Someone accused you of being a glutton who over filled his plate at a dinner and all you have is this trash. Na WA for Davido' s boy oo

Zegra:
This is too brutal, be kind to him ,haba

I am never interested in being unnecessarily brutal. But I will expect anyone with a phone and data to know 20 percent of over 200 million people.

chidekings:
haba....atleast 20 percent.

This is a type of comment that makes people to ask you the question " how old are you"?

I just hope kids are not migrating to this section of Nairaland

Johnson5258:
Coalition to Collision. E go shock una. Same people who called Osinbajo traitor. Personal interest everywhere. I will vote for Asiwaju. Simple.

I can hire a crowd to welcome me right in front of your home.

Are you naive , hypocritical or just being ignorant?

Rexkingsley:
Hello house pls I need some assistance. My late mom bought alit of shares when I was still a kid,I went through her stuffs then I saw her CSCS certificate I basically don’t know anything about shares or how to track the shares or it’s value.pls I need some assistance as I have all the documents

Since she is deceased and the shares are in her name, the road go long oo. Just take a look at the CSCS statements with you and check whether the quantity and the types of shareholdings are worth the effort . If you were to go see the stockbrocking firm that issued the statement, ordinary updated , recent statement they will not avail you under the guise that the account isn't in your name. The stock broking firm will require a letter of administration from the court amongst other legal road blocks . So check whether it is worth your effort.

This has been in the news for almost a week now.

Nairaland can do better

SAK:
please for broker that you can trade with online and real time

Thanks

Is making noise on the social media with a dirty hijab the same rhing as working against?

SAK:
It could be a system glitch from cscs or ngx, perhaps you are not well informed or acquainted with the ngx ,you can buy same day and sell same day.

I am not ashamed to admit I am just learning that for the first time.
I have been trading in shares for over two decades now but do so thru my stockbrokers. I have an account with five of them. Meristem inclusive.

Maybe because I am a bit of the old school.

SAK:
I tried to sell one of the stocks I bought yesterday,the error message was "insufficient balance" which was not correct.

If the NGX allows the sale of stocks bought the previous day the following day, then the next logical thing will be to turn it to BABA IJEBU EXCHANGE!

Is that even logical?

SonofElElyonRet:
If I have some spare funds I'll buy access. Hopefully they'll slow down on the acquisitions and start rewarding shareholders with bountiful dividend payments

Their dividend payment has been embarrassingly shameful.

So shameful that they cannot even compete with Fidelity!

Very greedy board of directors and management.

AmuEbule:
You are basically talking to yourself. It's either someone you know is collecting those 100 100 naira on the roadside or you are in total denial of what's going on in Nigeria. In the end, you will find out that it's not worth it. Now, head to that mamaput and load up. I am actually not there with you, but I am more concerned that folks like you. That's the difference.

You will do well to be more concerned about yourself irrespective of the rat hole you are.

You are no different.

AmuEbule:
In a normal Country, Wike would be in jail for so many years for all the evil things and setbacks he has done. Hopefully, one day, he will be held accountable.

There is no guarantee that you too will not be in jail. Just do a self analysis and you will see you are no different from the leaders in one way or the other.

I am no Wike' s supporter sha.

Oga , just enjoy the new found peace in peace.

Thank God you are wiser now. All the SANS on Arise, emergency political analysts did not follow you into the desert. Rather, they deserted you.

Numerouno94:
Do these guy knw that 2baba is in his 50s? Do they tink his still a teenager? Some people at 50 don already get grandchildren.

I got to page 3 and had to come back to your comment.

Totally agree with you. People advising someone in his 50s as if he is a baby . If Tuface were to be a governor or someone highly placed, nobody will be advising him the way they are doing now.

What I am actually waiting for is how a saint will go and join the structure of criminality.

Internet does not forget.

davidtemi:
Hopefully our light in Ibadan will be better.

It's a total trash at the moment

speak for your area alone.
Oluyole, 7up area are getting upward of 20 hrs a day

fabolouz1:
The more reason why corporate organisations ,private businesses and Government establishment should have a visitor register so that they can track people coming in and going out.

Banks cannot get that. The banking hall is almost a public place as everyone has the right to entry under the guise of one thing or another.

Opening visitors register cannot happen everywhere

datola:
May the boy/man has mental issue because it looks somehow...

He could have slapped a military man to prove his insanity.

favour32:
The security operatives were taking laws into their hands by physically attacking the boy.
Why not quietly get him arrested.
Further investigation if to charge him to court.

Would they have taken the laws into their hands if they had given him ice cream to lick?

Smartjob1:
He may be mentally challenged. No one stays in the restroom for hours and then comes out not knowing what is going on.

The mental challenge did not push him to jump in front of a Dangote driver?

The mental challenge did not push him into an army barracks?

You can now see why they deal wickedly with widows immediately their husbands die?

After waking the woman with kicks every morning for so many years, now the idiot finally decided to kill her.

No more comment

mightyhaze:
And yet iron mike tyson us still fighting at 59 yrs

And everyone that puts on a boxing gloves is Mike Tyson?

Perhaps, the Nigerian boxer that died recently in Ghana was Mike Tyson?

The boxer that is still in coma in Asia is Mike Tyson abi?

The headline should have been " Ibeabuchi wants to commit suicide at the age of 52.

The old maxim, charity begins at home should be put to use here .

Madam, go to Isiala Ngwa. The youths need it more there .

Go to Ekwulobia, the youths there are yearning for it.

Except of course if this is meant for people who came into Lagos at night in attachment and are already constituting nuisance.