₦airaland Forum

Just as Sam Omatseye said, if not laziness, this issue mitigated against you four years ago and till now, you have not learnt the language. Something is wrong.

I watched Alhaja Salawa Abeni on Channels interview and was marvelled at the way she handled it. This is someone that cannot write letter O with the bottom of a bottle.

Chinedu, go and learn the language.

For as many that are saying it does not matter, I CANNOT IMAGINE A CANDIDATE THAT CANNOT SPEAK IGBO to dare contest as governor in any of the Eastern states.

If it is not an NKEM or an OKECHUKWU,who will it be?

It is only an ignorant ignoramus that will attempt to compare Fidelity with GTbank.

As a stakeholder, I am happy with them.

londonerr:
Kenya is not Nigeria. The rule of law and the vibrancy of the populace is high...their morale is very high ... He should watch it

I agree with you. Their youths especially get craze for head like angry Maalu for Sabo. Not the usual docile ones making noise on the social media even when their employers have 45 working days in every month.

Branch Compliance Officer that will be covering or overseeing two or more branches at a time.

Una no go talk dat one now oo.

Aunty Aproko probably did more than that when she was her age.

Everybody na saint like Obi until they bring evidence like Soludo

kpankpangolo:
Greed caught up with them.

No. Nigeria happened to them.

essentialone1:
This rejoinder lands a cleaner punch than the original attack did — because it separates _earnings volatility_ from _structural decline_.

The core of its argument, stripped of rhetoric:

*1. One bad half-year ≠ institutional decay*
GTCO H1 26: PAT N414.19bn -7.8% YoY, PBT N603.03bn +0.35%, tax +24.3% to N188.85bn. That is a tax and funding-cost squeeze, not a capital adequacy crisis. You need sustained deterioration in asset quality, capital, liquidity, ROE, efficiency — not one period — to declare a "falling institution."

The farming analogy in the piece is apt: single bad harvest doesn't mean the farmer forgot how to farm.

*2. Selective comparison fails*
Nkem's piece held up Fidelity (38% gross earnings growth in Q1 26) as benchmark while ignoring that Fidelity paid *no final dividend for FY2025*, while GTCO paid *N11 final dividend* for FY2025 — under same CEO Miriam Olusanya being criticized. If you want to compare, compare comprehensively: dividends, capital, ROE over 3 years, not one quarter.

Also the Zenith Q1 PAT N314bn vs GTCO H1 PAT N414bn is a mismatched period comparison.

*3. CEO credit/blame symmetry*
You can't credit the CEO for N11 dividend in FY25 and then blame her personally for a -7.8% PAT dip in H1 26 driven by CBN-regulated tax changes and industry-wide 24% jump in interest expense on deposits. That is advocacy, not analysis.

*4. The ethnic lens warning*
Most important part of the rejoinder: Nigeria has a habit of dragging Igbo/Yoruba arithmetic into bank performance debates. GTCO belongs to shareholders, not an ethnic bloc. Measure it in capital, governance, profitability, risk — not tribe.

*5. What serious criticism should look like — the rejoinder's test:*
- Is balance sheet weakening? Show CAR, NPL ratio.
- Is dividend unsustainable? Show distributable reserves.
- Is franchise eroding? Show deposit and customer attrition — but deposits actually grew 11.32% to N13.97tn.
- Strategic error? Identify and quantify it.

> "The man who says the roof is leaking should be able to point to the hole."

Right now, GTCO's hole is: funding cost up 24.2% to N223.79bn, fee income down 8.98% to N123bn, other income down 37.5% to N44.35bn. Manageable, not fatal. Banking PBT still N — but Group non-banking (Payments, Pension, Funds) is growing to diversify.

*Verdict on the verdict:*

Nkem's original piece confused a setback (PAT down due to N36.9bn extra tax) with a structural collapse.

This rejoinder correctly says: let the numbers speak. Annual report is the evidence, market is jury, time is final judge.

If you hold GTCO, watch Q3: does loan growth move from 0.48% to something real? Does cost-to-income stabilize? Does effective tax rate stay at 31.3%? That will tell you if it's temporary pressure or true decay.

Unfortunately, we are even yet to see the NKEM un- wrapped and un- veiled. These days, people find it easy to hide under various camouflage.

Well educated GT stakeholders are not even bothered about the trash in the first instance.

ARISHEM:
Is Bruno Fernandez a striker.
If you use your brain you will understand my comment.

Do well to take my advice in the interest of the independence anniversary.

ARISHEM:
Many strikers that did not score up to 100 and are 30years of age or 29 are the ones getting invited to the national team.


Taiwo Awoniyi scored only 4 goals last season and one goal this season. Yet he was invited to the national team and played against Guinea Bissau. And I wonder if our strikers both home and abroad are poorer than him in front of goal in their respective leagues that they were not giving a priority.

Has this season ended?

Bruno Fernandes has one goal.
Ekitike amongst several players have one goal.

Na independence day be dis, try dey use your brain.

Asabawood C Ronaldo.

RIP

The shooting away poor form continues.

Nigeria V Guinea Bissau here again

mikeapollo:
This Wale is unserious!
What is his business with the creative industry?

The next will be to sponsor the annual New Yam Festival.

lookinggood:
Someone up-there said, landlord and market sellers would benefit because student has enough money to spend, and I think that is an ignorance response.

If actually the student has the money would they apply for the loan?

You are right.
The students will collect the 20k and dump it inside gutter.

BabsO2:
Chai. Tomorrow is last day of September. Where is UBA Q2. Even Zenith has taken this long. Nah wah.

All blames should go to Headmaster Yemi.

esnbrutality:
Just imagine..

Maybe na that T-shirt cause this recent update..

That was how you started with Jibrin El Sudan.

I am surprised you have not compared the ears.

We find i easy to transfer out personality into how we manage businesses.

Most notorious are these businesses in the aviation sector. They owe workers,owe regulator and everyone. This is because the moment they threaten to shut down or are being threatened with shut down,the big men who cannot ply our roads will find a solution quickly.

Pootle:
the headquarters of mining

At least they will see the remains.

Elsewhere, in your area, Na to chop everything as per cannibalism.

Patnome:
Omoh......

Football na your mate....

Cape Verde that did well in the last world cup lost to Rwanda

Ghana also lost at home 2-4

Predictions hard oooo

Till tomorrow, I still insist say na either Mumu or mad man or a combination of the two dey put money for football betting

vastolord4:
See dem.. with bread and beer. They'll soon come to defend their leader

Don't be surprised their leader is your Lord and Saviour.

From Cole street to Nathan street, both left and right, I don't need to tell you those that trade around there mostly. Be careful what you wish for.

Dogalmighty17:
So unfortunate.i just pray that those goods were insured.

Insure what?

You must be from the moon

Ekaka14:
That means you didn't watch him in his club last season ......and you definitely have not been following him in the past few months leading to this break!

Kelechi in Turkish second division?

Bia, Nwokem, be kiaful there o

Samunique:
CAF will always set trap for Nigeria, most especially under this South African man. That's why they put Nigeria in a group where only one team can qualify, bcs Tanzania has already qualified being a joint host country.

If we are having problem flogging Mozambique, G Bissau home and away, we should rather look inward instead of towards Morsepe.

We couldn't beat Benin, Lesotho, Zimbabwe at home for World Cup qualifiers. Na CAF cause am?

Pikin no fine, you say na rain beat am. Shey rain dey wash off beauty ni?

Sheuns:
“Umoru, can you hear me?”

No. It is " Umoru, Umoru are you dead"?

Naija and unforgettable dramas.

When will Zenith result come like a thief in the night na?

Abeg make Papa J no play bad play o.

Image123:
The grasscutter just keeps talking like a parrot, is he possessed?

There is no politician that is not possessed especially if the feeding Bootle is not in their mouth.

The grass cutter himself.

These are the people Obi as president will stand with hands behind while talking to them.

Who born monkey?

Person wey dey Shalaye where Dickson Siddon.

Henjor48:
The kidnappers should be paraded publicly on national TV and shot at close range to serve as deterrent to others.

Thank you for your attention to this matter.

The court session was broadcast live today.

DeZoro:
This is to show that Edo State is different from northern state that reintegrate kidnappers back to the society. This is a very good warning to others.

It is an industry over there. The rest of Nigeria is just wasting time pitying them.

The wereys con dey look paiko for court today.

Do the crime, meet your makers.

Nice123:
It is the job of the Government to clean the gutters too. They can employ the citizens to do the job or contract a local company to be doing it. That’s how employment is created

Waste Management contractors that were created,are they not being owed by people?

Government will do the gutter.
Government will employ to clean in.

Citizens.to pay tax, WAHALA in capital letters.

Before you argue, how much do you pay in tax. When last did you pay any tax other than what banks deduct from your account compulsorily?