₦airaland Forum

obaaderemi:
And you think Access Bank will stop growing while yours grows?

Three years ago Access Bank assets were around $12 billion, today it's $24bn.
Equity will not be bigger than Nigeria's 4th bank in your lifetime, Son.

Collapsing Naira that now exchange at 500 plus to USD in black market will make it happen soon

obaaderemi:
Ghana has got more wealth per capita than you. They're ahead.

Of course they are ahead but how much of that is gold, oil and minerals

Yeah you cannot take someone serious who doesn't want to factor per-capita.

Bifwoli:
This nugu is as dumb as they come yet he thinks he's smarter than Albert Einstein.Just bcoz Nigeria has Dangote then that means they're better than everyone else ? Mscheeeew , then he ignores the 89m destitute Nigerians with many opting to ran thru harsh Sahara desert/Mediterranean Sea to escape to Europe from their self made hell.

Asset management - with money stored under the bed maybe? Otherwise Asset Management - when you have smaller banks, almost non existent insurance and pension funds, and smaller stock and debt market.

In short - no way - Ghana would have bigger asset management than Kenya. Start from bank assets, insurance, pension funds and private investment funds. It's not even close - quick check on insurance - kenya has 10 times - pension almost 10 times - name it - it's only maybe bank asset that Ghana is about half of kenya.

So where can poor little Ghana measure up with Kenya? SWF

SWF - sovereign wealth fund in Ghana - we established has very little assets - with Ghana heritage fund at 0.5B dollars. Less than Centum Kenya with 1B dollars plus assets - a private equity fund.

Just30:
neither will your top bank enters the first 10 largest Asset management companies in Ghana

No need to be pained

Read the AfriAsia report I have attached there.

Abohboy:
Nigeria is 5000 and Kenya is 4000 whatare you talking about

There are many black Kenya billionaires. Not many in the manufacturing sector like Asians. I guess that is your interest.

68816419:
So sad, the only man I respect in Kenya.

Just one retail company suffered 29 billon euros -

Intention to cause maximum damage'
Exemplar REITail Limited owns about 20 shopping malls across South Africa. The company's CEO, Jason McCormick, admitted that the rebuilding process will not be child's play.

"Somewhere close to €29 billion worth of damage," McCormick told DW. "We haven't finalized the details yet. The surveyors and engineers are still finalizing their reports, but it's certainly not a couple of tens of millions. It's significant.

"There was no doubt that this was sustained. This was planned. There was an intention to cause maximum damage. They disabled our fire prevention systems in the malls. They attacked them so that we couldn't put out the fires," he added.

Shackman first rebuild the malls you burnt and looted to the ground. You looted 3000 stores and destroyed 100 malls. Stop hallucinating about growth. Focus on trying to maintain your middle class status - as it look likely you're soon going to be another failed state.

[img]https://image-prod.iol.co.za/resize/610x61000/?source=https://xlibris.public.prod.oc.inl.infomaker.io:8443/opencontent/objects/dbb7714a-98b4-5339-9263-a9add8d153d6&operation=CROP&offset=0x0&resize=693x451[/img]

It has been calculated that so far about 800 stores were looted and 100 malls were either burnt down or suffered significant fire damage and a number of distribution centres, particularly in Durban, KwaZulu Natal, were looted with serious structural destruction.

Meanwhile, the eThekwini Economic Development and Planning Committee says about R1.5 bn has been lost in stock, a R15 bn loss to property, over 50 000 informal traders have lost their livelihoods, approximately 1.5 million people have lost their potential to earn an income and there are some 150 000 jobs at risk.

The overall result of the devastation is that there has been an estimated loss to the eThekwini GDP of upwards of R20 bn.



“Rebuilding may take two years depending on the extent and size of the centre. Some landlords may however decide to not rebuild as the risk is too high for future incidents.”

And the further tragedy is that owners have no measures left with which to protect their properties.

AfriqueDuZuid:
So in your mind kenya is the only country with retail scope?

So in your mind the rest of the world is waiting and standing while kenya is expanding?

By the way i hear of your scope,,, but your retail occupation is one of lowest in africa

Like anything in Nigeria - this will take 20yrs- that is why video was shot 7 yrs ago and construction is stalled.

2008: A metro is proposed for Lagos, allegedly with a completion date of 2011.
2009: Construction commences on the Blue Line.[2]
2010: Lagos Rail Mass Transit to proceed.[citation needed]
2016: Phase I (the Blue Line from Marina to Mile 2) planned to open in December 2016.
2018: After an Alstom review of the project, Phase I (the Blue Line from Marina to Mile 2) is now set to open in 2021.
2021: The Lagos State Government announces that the Blue and Red Lines will open in December 2022.[4]

The hilarious Nigeriaspeak

LAMATA is responsible for policy direction, regulation, and infrastructure for the network. The first section of the network (Phase I of the Blue Line) was Originally scheduled to be completed by the first quarter of 2014, it was however announced earlier this year that operations will officially start in December 2016, but presently the project is still ongoing, and there are reports that operation would not start until next year, 2017.

theenchanter:
lol, if this was kenya, kenyans won't let us rest.

Kenya retail is still growing aggresively - Tuskys and Nakumatt - burnt themselves out - and new entrants have grown even bigger than they did. Naivas is heading 100 stores...already at 76...best Nakumatt and Tuksys ever did wa 65 stores
https://www.standardmedia.co.ke/business/financial-standard/article/2001419832/new-crop-of-retailers-banishes-nakumatt-and-uchumi-ghosts

However between 2021 and 2022, Kenya’s retail sector is expected to add 945,323 square feet of space with new projects already underway in Nairobi, Mombasa and Machakos.

obaaderemi:
I see Tuskeys poster in that picture. Good old times.
I'm still wondering what led to Tuskeys' collapse not long after Nakumatt's collapse.

GlobalData has further noted that the fastest-growing economies in the region will be Morocco, Kenya, Ghana, Egypt and South Africa, which are all forecast to register above 4% real GDP growth in 2021.

Appisko:
Leading data and analytics company, GlobalData has predicted Ghana to be one of the fastest growing economies in Africa for 2021.

GlobalData named Morocco, Egypt and South Africa alongside Ghana in the fastest growing economies category.

Dude, the raison d'etre of this thread is COMPARISON at best btw Kenya and Nigeria - at worst with other Africa countries. If you DO NOT like comparison btw countries get out of this kitchen - the pepe we are going to keep throwing on the frying pan will keep you crying. Get the hell out of the kitchen already...and go find a Nigeria internal thread. There are a gazillion.

For again as the french would say the raison d'etre of this thread is Kenya vis Nigeria - no need to ban this thread or cause chaos - move on - create another thread or contribute to existing ones - there are so many.

obaaderemi:
It's impossible for you to live without comparing your country to either Nigeria or Ghana. Just like Afriqueduzuid guy said: you see something in Kenya and you feel others hadn't enjoyed such before you. You guys are backward.
First picture is Kingsway Stores Accra founded 1914

Second picture is Kingsway stores Lagos founded 1922

Show us something like these from Kenya or shut your mouth.

100M kenyan runner has no hope even if dopped to the gills. But Nigerian Blessing Okigbare is top 3 (now top 2) 100M women althete - so huge blow to Nigeria.

chrisooblog:
you don't say!?

https://www.today.ng/sport/athletics/tokyo-olympics-kenyan-sprinter-tests-positive-banned-substance-381074

Ghana is not yet at that level - you're still shopping at the street markets - or the big one in Kumasi.

Appisko:
Seriously u need to stop smoking

Naivas open it's 76 stores. Largest in Nigeria would struggle to get 10 stores. Kenya has now anything btw 200-300 big supermarkets

https://www.youtube.com/watch?v=VCB3F7-59CY

Aircraft movement - Nigeria has 250k aircraft movements annually (pre-covid) while kenya in the same period was doing 380K. It not even close. It almost twice

Cargo - Nigeria has reached 200K (180k in 2019) - but Kenya does about twice 350K - metric tonnes.

Total passengers - Nigeria had a slight edge at 17M while kenya is at 13-14m

https://www.kcaa.or.ke/about-us/statistics/aircraft-movements
https://www.faan.gov.ng/wp-content/uploads/2020/12/TRAFFIC-REPORT-ANALYSIS.pdf

Aviation is not an Airport terminal. Just your stats at Federal Airport Authority of Nigeria (FAAN) - and see how inferior it is to kenya air industry

Vlain:
U are a joke -if Mombasa airport which is ur second best can look like a local food canteen then I can only imagine the rest to look like huts. I can show ur Atleast 4 other international airports outside of Lagos and Abuja that puts JKIA to dust. I can also show u numerous domestic airport that makes anything in Mombasa and kenya(outside jkia) to looks like a butt of joke. Are u ready?

I feel your sour grapes. China chose to invest nearly 0.5B dollars to put tall six structures in kenya.

Vlain:
No one asked u for Kenya’s biography ; this is the render and reality-the both look crappy but the later is the crappiest. -I have seen affordable vertical block flat for average citizen looking better than this crap- lol maybe u need to paint the wall to make it look better cos as it stands this is completed exteriorly.

Just tall and ugly.

In China we trust. This is not doggy Nigerian contractor. These are the guys who built Two Rivers. See Two Rivers render and the results. This is one biggest Chinese company.

This building own by China National Aero-Technology International Engineering Corporation (AVIC).

The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. It is ranked 151st in the Fortune Global 500 list as of 2019,[2] and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe.[4][5]

Vlain:
Actually I just checked again.they all look completed- what are u still waiting for? To paint it. Oga this buildings are ugly as fvck just like parliament tower with crappy design.

It's still under construction - why dont you wait until it's been opened? And in meantime when will your real estate recover.

Vlain:
Yes they resemble and it is ugly both in tense and reality.pics don’t lie

Boko Haram would like to disagree

Vlain:
Calm down buddy-uhuru is scared of bubu because he can fvck both him and Kenya up in a minute-He knows bubu is superior abd ruthless so it’s only wise of him to be scared as hell-see him bowing down like a slave would to his master-naked eye test.

Yeah we fear stupid people. The fulani herdman has no business being the president in modern world. In kenya YOU MUST HAVE DEGREE to become a leader at any level.

Buhari in kenya is not even eligible to run for local authority council job in kenya.

Kenya constitution requires a president to have a degree - same with governors. The law requires the rest to also have degrees.

We cannot allow Fulani herdsman without even primary school certificate near power.

Vlain:
No we decided to send baba-the o e we know Kenyatta fears- he can’t stand baba ruthlessness.

He still my rural neigberhour. I have many houses and homes.

Vlain:
Was he ur neighbor then or his in ur neighbor in geneva France this morning

He is laughing boss; Nigeria send a goat to the Global Educational Summit.

Why not send the Prof VP


https://www.youtube.com/watch?v=iXG37vGH6jI

Vlain:
U are right -This is the most practical joke- heck u can call it a visual joke.
Kenyatta bows down to his boss.

That Sacco chairman taught me in 1987 in my grade 1. He was the deputy headmaster of my local school.

Vlain:
Calm down,I am just trying to understand ur story better-did u fly to France this morning and discovered ur primary a school teacher is ur neighborhood or was it Kenya u touched down today and discovered that the chairman of the Sacco is ur neighbor in kericho
Just answer that and stop trying to sweep this under the bus.

Uhuru is not bowing - but struggling to avoid bursting in laughter. This is the guy without any basic education leading a country of 200m. It's the most practical joke one can think of.

And he was in London for the Global Education forum. How is that even POSSIBLE? Please send your vice president.

Vlain:
Yes I no am talking of that same baba-the one that made uhuru bow down in fear. Pics don’t lie now do they?

He must have said something so embarrassingly stupid; Uhuru was struggling to hide a chuckle.

theTranscriber:
damn!
I'm definitely saving this pic!

Uhuru knows his senior!

You're obsessed with me. Find a hobby. A girlfriend or boyfriend. Just from my window - I can see two Igbo men's restaurants - I like their fish - one is Pro-Kanu (Biafra) - the other doesn't give a damn.

It's time to go have some Igbo fish

Vlain:
Oh I must have missed that,u travelled to France or Kenya this morning -my bad

You're talking about the same Baba whose primary education certificate was eaten by a goat? Comparing him with Ivy league graduate Uhuru Kenyatta - with degree from Amhrest

Vlain:
See unhurried bending over for baba in London. Lol he knows who the boss his. Baba can deal ruthlessly with him Kenya any day,anytime.

I am not a swiss of course.

My rural home is 100 meters from this factory

https://www.youtube.com/watch?v=JpPx93QPHOI

Vlain:
In Geneva.wow small world

What are you saying. There a lot kenya can teach Africa on cooperative - and I am glad you're starting to learn. Travelling all the way to my rural town.


My mother was founder member - membership no 3 something - and now it has grown to be a mamoth.

In 1978, a group of 100 teachers met at a small room along Tengecha Lane in Kericho town and registered a Sacco.It was dubbed Kipsigis Saving and Credit Society. Four decades later, the idea has bloomed.

vankelvin:
[

ON REPEAT
The delegation led by Dr.B.B.B Bingab praised the Sacco operations with a promise to adopt the standards in the Ghanaian Saccos for their growth and development. #jiungenasi

ON REPEAT
The delegation led by Dr.B.B.B Bingab praised the Sacco operations with a promise to adopt the standards in the Ghanaian Saccos for their growth and development. #jiungenasi