₦airaland Forum

VEHINTOLAR:
Oh,come on,why on earth would I insult you for airing your own opinion or sharing your own experience about the Bank ? I don't even own their shares and neither am I an employee. So,I'm not in the business of insulting anyone on behalf of Wema Bank or laundering the Bank's image. I don't insult people unprovoked as a matter of fact. Just like you,I'm a customer and I think it's important to say it if they are doing something that's commendable. I have accounts in other Banks,I can only recommend one or two other banks asides Wema Bank. This is my own honest opinion,I'm not even saying this to counter any other person's perception of the Bank.

As for the charges,without being immodest or arrogant,I don't pay attention to it ! I enjoy their services and that's it for me.

Good comment.

As per the charges, I get annoyed and pay attention to it when I discover I have been charged N6.98 UP TO 18 OR ATIMES 15 times for making a transaction that is umsuccessful

2mch:
It’s my bank and my money was stolen from there. That never happened before this CEO. The security in that bank is not what it used to be.

You have changed from not making enough profit to stealing your money.

Bank fraud predates any CEO and has 🐝 since time immemorial.

VEHINTOLAR:
I'm not surprised,that Bank is doing well. Wema Bank is still clearly underrated by some people who are not well informed. The Bank is arguably,one of the very best in Nigeria in terms of customers services and others. The Bank's staff members have always impressed me with their prompt services and this unique sense of respect for customers; it's really cool.

I had thought that kind of topnotch service was reserved only for their customers here in Lagos until I experienced same in their Osogbo branches. Just yesterday,I was at their Igbona branch for a little transaction. The lady who attended to me,a cashier, Latifat, I couldn't see her last name properly,was so pleasant and highly professional in her conduct. She wowed me ! I only informed her that I would prefer to be paid with N500 denomination,this lady did not only pay me with just anyhow N500 denomination,but new notes ! Why this was a big deal is that,I had earlier made similar request in another bank that I won't like to mention its name here,but the cashier there was kind of rude - "that is what we have (N1000),next,please" ! Anyway,I put her in her miserable place before I left that Bank. Even the first call I received earlier today was that of the branch service manager.

Wema Bank is doing very fine;my honest and humble opinion.

Tell them to desist from the idea of charging N6.98 each time you make an attempt to use their payment channels whether the transaction sails through or not. The moment attempt any transaction with their 935, you will be charged whether the transaction fails or succeeds. They are the only bank I know that does that.

I am a customer and a shareholder with substantial shares in case you want to insult me.

Ebubu:
Omo I’m a pharmacist. I don’t understand banking terms. I didn’t understand a thing you said. I’m in the medical line.

That was why I tried to simplify it.

Even in your personal life, you know what it means when someone has a reserve.

2mch:
Nice one. GTB has been on a steady decline since that new CEO. The board need to sack her before she destroy the bank.

Which GTB?
Una don come with una half baked fact.

Do not argue what you don't know.

Ebubu:
what should they do with profit gotten from currency revaluation? Issue loans? Fund mortgage? Just what?

All banks have provision for reserve in their accounting books.

What sense does it make to wet the appetite of shareholders this FY with astronomical dividends due to currency revaluation only to throw them under the bus when same is not available next FY?

Intrepid01:
This is inorganic growth, all naija banks will declare profit this year end. It is due to favourable movement in foreign exchange for them. Just wait till the end of 2024 and you’ll see the real state of their performance.

Do not exhibit your stupidity.
CBN has warned them not to chop the profit gotten due to the currency revaluation.

Look for something else to cry on or better still go to a beer parlour where you can be the C Ronaldo with your limited knowledge.

InvertedHammer:
/
Kindly forward to 3ice9ce, GeneralDae and ppogba.

Our social media amateur economists.



/

You could have engaged me in the other thread instead of waiting for an opportune time to send a link that has very little relationship with the topic that qualified me as an amateur economist.

Blaze14k:
Honestly Ogun is cursed state I will never visit there unless it's job I must do. Skull miners and mental people association

Why do you think anyone will want to visit your land of the cannibalistic morons?

Have you ever wondered why your 70 corpses remains enclave remain the list visited region by other tribes in Nigeria?

Tell Peter Obi to come and pick his special adviser.

chrisifeanyi:
They should check her skull pls

The way Abia Governor is still checking the 70 corpses in Aba whether your cannibalistic demons chop them remain.

Confirm that first.

Beverlyjean:
This same tribe insulted mmesoma and called for her head.... while they are experts of certificate forgery.... no wonder they defend their criminal leader certificate forger .... they call themselves sofisticated , but are sofisticated in giving themselves fake certificates

This Mmesoma matter really pain una no
be small ooo.

But come to think of it, the innocent girl has moved on and you are still weeping all around for her sake. Kpele oo.

victorclean:
It does not consign you. Mind your business. It's her own. Wether disgusting or not, it's where you come to the world from. You drink the punaana water well from embryo to full gestation.

Get sense cos you are foolish

Okay.

I will only accept my foolishness if I argue with you further.

However, take time to know the difference between consign and concern.

Shalom.

victorclean:
It's her punaana. You guys should leave her alone. Her property is her property.

It's her asset period!!!!. A 👍 gift only her can decide how to control. HABAAA

Nobody is arguing the fact that the disgusting thing is her property but she should not give " Apollo" to an innocent person.

IVORY2009:
If it was the other way round, the other gender would have called it .........

Dem for no allow the whole Naija rest.

Yeyebrities for don they cry up and down.

Ikinternational:
Better than doubling investment in Yachts n private planes.

Last time I checked, Breweries are FACTORIES operated by HUMANS

The same job you're clamoring to get visa for to go do abroad.

Meanwhile your hero is on a luxury spending jamboree creating jobs for Europeans n Americans

SOMEBODY please make it make sense

I was actually waiting for someone to justify investing state funds as a personal investment in a private business. Here you are. Good job.

Think we'll next time not to compare personal investment in a brewery to buying a yatch that belongs to the presidency even if Tinubu dies today.

I will not respond to anything Short of a reasonable and logical comparison.

Till then....

allcomage:
That's the kind of frugal mentality Peter Obi would have brought at Abuja to develop Nigeria not buying yacht, renovating used houses , buying 170m suvs, etc, as condict pipes to loot billions.

And by now would have doubled his investment in the brewery.

Your Mumu never do ?

Even Shehu Sanni that was revealing the immoral sums of money being paid to Senators did not reject his own for once.

Na today?

Only a fool will expect them to reject SUVs that some of them cannot afford.

youngestgrad:
The comments from Nairalanders above will make a foreigner jquestion our educational system.

To gauge the level of ignorance on Nairaland, just introduce a topic on Finance or something related to shares/ stock. Pronto, you see wonders.

FOOTSOLDIER2:
Banks making over 200% at the expense of you and other agbado ronus, suffering and smiling Yoruba man like you

I don't engage barely literate goons like you.
You cannot sustain the argument.

FOOTSOLDIER2:
Tinubu and Yoruba people will drive foreign investors away with their propaganda government run by crooks and theives

Will the same policy drive banks that are now making over 200 percent profit as a result of currency revaluation away.?

Of course, we expect e- rodents like you who know next to nothing about the topic to jump in and exhibit your usual stupidity.

rapheal5:
Shen gbo werey

Pele o.

At least o ti confirm bayi.

Just make sure your own children are better than you. Then try not to impregnate a barrakite like you to continue the circle.

Ire o.

kellybently:
CBN told you this or how did you get the information.

Omo, fear catch me when I read that comment. CBN buying and selling on Binance.
There is nothing one will not read on social media now.
And when you engage people like that, na insult dem go insult you las las.

I wonder why CBN did not start the buying and selling since all these days.

Just read some comments and move on bro.

FOLYKAZE:


Welcome to Nairaland where the snails give advise to cheetah on how to run...

Very funny but absolutely true.

No wonder most barracks children behave like bastards.

doggedfighter:
Una don start another one.

She's yet to recover from the one you guys pushed her into.

11 trillion !

You are very funny.
Shey, dem take ankara cloth tie her eyes ni when she wan speculate and take.risk.

How well are you even sure the whole story is no audio?

No be today for Nairaland.

Deogratiasfx:
Pls give me more education. I am not tired of learning

The only education I can give you is that believing all that the guy said hook, line and sinker as the reason for the appreciation in the value of the Naira is total balderdash.

A bit of knowledge will tell anyone that the CBN effort at clearing the backlog of FX due DMBs in the last few days was a significant reason AND NOT, I insist the maintenance of the interest rate by the Federal Reserve bank in the USA.

You can follow other arguments on this thread especially submissions about the likely effects of the DANG refinery and the securitization of the NLNG funds.

Shalom.

bemeruca:
Investment is all about speculations. You don't have a time machine.

Sir, with all due respect there is a difference between speculation and risk taking.
Investing in any venture is taking a risk. Not even investing is taking a risk. Speculation is different sir.

GeneralDae:
Or learn about Nigerian stock market and invest in it. The Nigerian stock market is having it's best year by adding at least 11 trillion naira already just this year alone.

Investing in the NSE is not for lazy fools. It has its own intricacies. Nigerian youths are too lazy for that.

GeneralDae:
Don't just rely on what people say. If you want to do this type of investment, you follow news on finance ministry and the CBN to know how to take your risk and predict the naira to the dollar.

Unfortunately, these are the set of people that will change their TV channel the moment it is time for business news on Arise, TVC or channels.

Extremely lazy Nigerian youths.

bemeruca:
Define investment

Speculation, which the OP did is NOT an investment. I agree with the guy 100 percent.

You can call every other thing investment.

Deogratiasfx:
Pls educate them.

You need the education more.

Shey, na today US Reserve bank begin maintain interest rate?

Get education before you direct others to get it.

InvertedHammer:
/

Pay attention next time. What is driving the exchange rate has nothing to do with Nigeria. Jerome Powell(US equivalent of CBN governor) kept interest rate steady on Wednesday and US$ crashed against other currencies. Euro, pounds, Australian dollars, etc all recovered against US$. That's what helped naira and not Tinubu nor Nigerian CBN.

/

Sorry to disagree with you sir.
Even when the US reserve bank has been moving it's rate up and down, the Naira has been crashing.
For now, the CBN' effort at clearing the backlog of forex due the banks in solely responsible. The securitization of the NLNG 7 billion dollars will do more.

No be today US dey maintain rate abeg.