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Rajiedreez's Posts

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Celebrities / Re: Bobrisky Jailed For Six Months With No Option Of Fine by rajiedreez: 12:07pm On Apr 12
This guy do pass currency mutilation, na person wan punish him codedly
Business / Re: BDCs Back CBN’s Directive Stopping Use Of Domiciliary Accounts As Collateral by rajiedreez: 8:50pm On Apr 11
grin The fear of Cardoso is the beginning of business

9 Likes

Travel / Re: Landmark Property Will Be Intact, No Job Will Be Lost — Umahi by rajiedreez: 5:21pm On Apr 11
This has defeated the purpose of the resort, what's the purpose of a beach resort without shore lines

5 Likes

Romance / Re: For Men, Can You Marry A Lady With This Ideology? by rajiedreez: 4:41pm On Apr 11
You'll not be surprised she's married
Politics / Re: We Will Not Allow You Walk Alone – APC Tells Impeached Deputy Gov, Shaibu by rajiedreez: 2:03pm On Apr 11
He knows he's wyning him. He wants to use him
Politics / Re: The Worst Of Labour Party Is Better Than The Best Of APC, Says Kenneth Okonkwo by rajiedreez: 10:28am On Apr 11
Further proof that politicians are shameless
Celebrities / Re: Jnr Pope: AGN Suspends All Movies In Riverine Areas, Boat, Bans Adanma Luke by rajiedreez: 9:22am On Apr 11
Why not put safety features in place before hand. We joke with safety a lot in this country

1 Like

Politics / Re: Nigerians Report Ministers To Tinubu After Launch Of Citizens’ Delivery Tracker by rajiedreez: 4:24pm On Apr 10
So many people think that it's only the responsibility of the government to make Nigeria great. If the common man didn't play his part, Nigeria will still be worse than this no matter who's ruling us

2 Likes

Crime / Re: 23-Year-Old US Lady Posed As 14-Year-Old Schoolgirl To Have Sex With Teen Boys by rajiedreez: 3:45pm On Apr 09
So funny
Politics / Re: Omobayo Marvellous Godwin Sworn-in As Edo Deputy-Governor (Photos) by rajiedreez: 2:17pm On Apr 08
grin "Edo no be Lagos" has completed it's cycle

14 Likes 3 Shares

Politics / Re: LP Kicks As NLC Announces Stakeholder’s Meeting by rajiedreez: 10:21am On Apr 08
grin
Family / Re: What Is The Brutal Truth About Life After Marriage? by rajiedreez: 10:20am On Apr 08
Reality sets in then you realize you can never be too prepared for marriage

1 Like

Politics / Re: Emefiele Arraigned In Court, Pleads Not Guilty To Charges by rajiedreez: 10:19am On Apr 08
Oya na
Politics / Re: Peter Obi Backs Tinubu Government On Electricity Tariff Hike by rajiedreez: 7:55am On Apr 08
Now everyone will accept the hike. Hypocrisy everywhere
Crime / Re: Nasarawa Gov Pressurised Me To Establish Militia Group, Miyetti Allah Leader by rajiedreez: 6:46pm On Apr 07
One chance
Crime / Re: Navy Uncovers 400,000 Capacity Diesel Bunker In Lekki Private Residence by rajiedreez: 7:34am On Apr 04
Na government do this too abi
Politics / Re: Ogun Approves Reconstruction Of Abule Egba-Sango-Abeokuta Expressway, Ogijo by rajiedreez: 7:29am On Apr 03
Since
Education / Re: UK Varsities To Layoff Workers, As Enrolment By Nigerians, Others Dwindle by rajiedreez: 7:14am On Apr 03
Every action has a reaction

4 Likes

Travel / Re: Air Peace Warns Against Fake Website ‘Defrauding’ UK-Bound Travellers by rajiedreez: 7:13am On Apr 03
This is what we do to ourselves
Crime / Re: Batsari: 28 Girls Kidnapped In Katsina Rescued – Police by rajiedreez: 7:13am On Apr 03
Hmm naso una go talk, later we'll discover you overpaid sef
Health / Re: Woman Seen Smoking Shisha Through Nose Leaves Viewers Astonished by rajiedreez: 11:26pm On Apr 02
This is the past you don't want to be judged by abi? Keep "Past-ing"
Travel / Re: Meet Toyin Olajide. Coo/chief Operating Officer Of Air Peace. by rajiedreez: 11:26am On Apr 02
Igbo amaka
Politics / Re: Why Peter Obi Dumped Julius Abure – Labour Party Chieftain, Tanko by rajiedreez: 7:53am On Apr 02
cheesy use
Politics / Re: Nigerian Leaders Like Men In ‘Drunken Stupor’ – Kukah by rajiedreez: 8:07am On Apr 01
Everybody are quick to blame rulers, but a nation will not have a ruler except for their kind. It our type of people that rule us, they just happened to be privileged
Politics / Re: Bashir El-Rufai 2 Uba Sani: You're an Incompetent Gov Who Always Sleeps In Abuja by rajiedreez: 8:42pm On Mar 30
El-Rufai no train his children well at all
Business / Re: CBN Pegs Minimum Capital Base For Banks At ₦‎500 Billion by rajiedreez: 7:37am On Mar 29
Penguin2:
When I said in the other thread that buffoons have taken power in Nigeria, it seemed like I was just hating on Tinubu government but it’s the truth.

Or tell me what this particular policy is meant to achieve.

Explain it to me like I’m in nursery school.


In the end, what they will achieve is that banks come together and merge together so they can get the 500billion naira base capital. That’s how we will end up having about just 5 commercial banks remaining.

So, ultimately they will end up shrinking Nigerians’ choices and leaving us at the mercy of just few banks who will treat us as they like because our options are limited.

If you disagree with this, then tell me the advantages of this policy.

I’ll wait

No, not really.

Recapitalization is long overdue, the size of the economy when they last recapitalized was a fraction of the present size. Exchange rate was also very lower than now.

Again our banks hasn't been closing down as it used to be before the last recapitalization, considering the change in the country's economy it's important to change the capital base to accommodate the new dynamic.

It also help the bank attract international business and also build public trust because people know that their deposit are safe. This particular one is the reason why most people hasn't been using the likes of Opay, Palmpay, Kuda etc. They believe their not well capitalized

8 Likes

Travel / Re: VIS Removes Over 50 Rickety Buses From Lagos Roads (Photos) by rajiedreez: 3:22pm On Mar 28
Most driver don't care about the road worthiness of their vehicle
Travel / Re: Man Kneels Down To Thank God He Left Nigeria For The UK by rajiedreez: 4:19pm On Mar 26
grin
Crime / Re: Frank Geng-Quangrong Sentenced To Death By Hanging For Killing Ummukulsum Sani by rajiedreez: 12:20pm On Mar 26
cry
Celebrities / Re: Police Raid Sean Diddy Combs' House. Rumours Say He Has Fled. by rajiedreez: 11:41am On Mar 26
Yoruba say, Isale oro olegbin. (The origin/base of wealth is filthy)
Jobs/Vacancies / Re: Do You Regret Leaving Your Lucrative Nigerian Job For Abroad Menial Job by rajiedreez: 2:02pm On Mar 25
What makes life kinda difficult is that majority of Nigerians have entrepreneurial spirit in them and here in Nigeria you can be an entrepreneur without adhering to government policy which is very impossible abroad. Also it's difficult to get a professional job there with the barest minimum qualifications like in Nigeria.

7 Likes

Politics / Re: Enough Is Enough On Children’s Abductions – Northern Elders by rajiedreez: 12:00pm On Mar 25
It's your children that's kidnapping your children, talk to yourselves

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