₦airaland Forum

theenchanter:
Shoprite is not only leaving nigeria, its leaving many african countries.... Shoprite said its non-SA operation contributed only 11.6% last year, expect many more closure from other nations cos its obvious shoprite didn't conduct market research before entering into different markets, what works in SA may not work elsewhere.

There are various reasons why shoprite left naija n i'll be frank with u here.... Its the currency fluctuation and pandemic-induced lower purchasing power coupled with the new rave of online shopping, many nigerians now prefer to shop online and have their goods delivered to them..... I doubt if any african country can beat nigeria in online shopping.

Finally, shoprite is not the online retail outlet in nigeria and can never be used to judge the economic outlook, its only u saffers that think shoprite is big here, while in real fact, its not..... It has only 26 stores across d country as there are many other local retail outlets. Like here in Lagos, every area or local govt has its own dedicated mall, how can shoprite with only 26 stores compete in such situation?

P.S...... shoprite is actually selling majority of its stake to Nigerians. i'm glad we're controlling our retail sector.

Lol true.....
I wonder what's all this fuss about ShopRite leaving Nigeria...
Lol like why is it annoying this SAns too much...they've carrying that matter in their head for the past 2-3 days now...
If ShopRite wants to leave then old let them do..no one stopping them....that's settles that..

TayserMahrii:
I want to see you posting Charlie Kasitna next time there is an attack. Dont be like the dumb francophones marching their azzez in Pari when their own countries suffer much worse.

I.post an talk about our countries attack outside this thread..every other countries remains on this thread...

Once more I say ..Pls pray for Beirut, Lebanon....

Now hit your head on the wall and tell me how that felt..

TayserMahrii:
Wat?? I don't see your point. What pisses thou so much.

Nothing is pissing me...just stating the obvious..
Ruaka town+Thika town +machakos +Runda +Athi +river +rongai = Nairobi..

Fact

TayserMahrii:
Its not normal. Give a list of men in this thread who have used it besides you and Austin.

Wtf

Lol Naija is gradually ceasing the whole of Africa....our strategy is to lay hands on your money and in a decade or so you will succumb to you...we control your money,we control you.....Zambia is our new target just like Kenya...





Access Bank Zambia, a subsidiary of Nigeria’s Access Bank Plc, has reached a ‘definitive agreement’ with Cavmont Capital Holdings Zambia Plc (CCHZ) to acquire Cavmont Bank Ltd.


The tier-1 bank announced this latest development regarding the merger talk which has been ongoing for a while, in a statement that was signed by its Company Secretary (Sunday Ekwochi) and issued to the Nigerian Stock Exchange earlier today.

According to the statement by Access Bank, the deal is a highly complementary transaction that is expected to combine Access Bank Zambia’s wholesale and trade finance capabilities with Cavmont Bank’s retail and commercial banking operations.

The proposed transaction which, in the meantime is still subject to relevant shareholder and regulatory approvals, is also expected to better position Access Bank Zambia as one of the top 10 banks in the Southern African country.

Customers from the enlarged bank will benefit from greater security offered by what will be one of the most capitalized banks in Zambia with a more diversified product and service offering and a broader geographical footprint and infrastructure.

Access Bank on its notification stated, ‘’Subsequent to our announcement on July 8, 2020, the Board of Access Bank Plc announces today that its subsidiary, Access Bank (Zambia) Limited, has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (CCHZ) regarding proposed acquisition of Cavmont Bank Limited, a subsidiary of CCHZ and subsequent merger of Cavmont Bank’s operations into Access Bank Zambia. The proposed transaction, which remains subject to relevant shareholder and regulatory approvals, will position the enlarged Access Bank Zambia as one of the top 10 banks in Zambia and create the momentum to advance its strategic objectives.’’

‘’Under the terms of the agreement, Access Bank Zambia will acquire the entire issued ordinary share capital, assets and liabilities of Cavmont Bank while Capricom Group Limited, the ultimate majority shareholder of CCHZ will invest at least ZMW300 million ($16.5 million) of preference shares into Access Bank Zambia. Capricorn will hold preference shares in the enlarged Access Bank Zambia for a period of five years, after which the preference shares will be acquired by Access Bank Plc.’’


The statement also notes that the enlarged bank will be well placed to participate in the long-term economic growth of Zambia and will be predicated on the country’s vast reserves of natural resources and fast growing young population.

The transaction is expected to be completed during the fourth quarter of 2020.

TayserMahrii:
The fact that you cannot post the same nonsense when it hits nigeria. You should be nigga noosed.

So your point issssssssss.
Get to your pint already..

TayserMahrii:
@sammy
Kenyaphobia must end !!

Says who...

Btw keep enjoying the show...and di the forget to vote for your fav WATHONI so you can keep her in the house
.. actually that girl is beginning to piss me off...her true colour is starting to show..

TayserMahrii:
Both a town and a county...part of it forms the Green City in the Surbuban Sun Metro.

Blah ,blah,blah it is still nairobi..let's call it Nairobi's extension..

Abohboy:
Here’s jara supermarket chain, it stores look better and cleaner than shoprite ones, and they are cheaper. They currently have three lcostjins two in Lagos and one in edo. They are planning on building another 20 in the next three years.

I will list the ones I can remember at the moment...

Grocery bazaar
Justrite
Twins faja..

mtisTheQubit:
Guy calling men bitch....lgbt is great in ths one...

Anyone who thinks ths dude is not normal please raise ya hand...

Dude it is very normal..you are just a kiberan who has never left his village and is extremely close-minded with limited globsyl Outlook..
....A guy calling his fellow guy bi*tch doesn't in anyway imply he is gay....


I predict you will come with your normal homo rhetorics after reading this .

forgiveness:
How does this correlates with empty houses in Abuja?

The population of About is over 6m? Where do you think they live?

Use your brain for once. The empty houses are very few.

Lol una get time...empty houses or not we must keep posting Abuja..no noise can stop that..

forgiveness:
Empty as usual. All noise.

Lol he is pained...post Abuja and he will raise his ugly head like a cobra once more...

TayserMahrii:
Can't take this seriously when you never posted a similar msg for ppl killed in Nigeria on a daily basis by terrorists.

Lol what exactly can't you take seriously?

68816419:
Dangote’s fertilizer plant world biggest fertilizer plant
Dangote Group’s $2 billion fertilizer plant project,The fertilizer plant, owned by Aliko Dangote, Africa’s richest man, is located in the Lekki district of Lagos with a name-plate capacity of 3 million tons of urea and ammonia, making it the world’s biggest. This facility is also within the vicinity of the 650,000 barrels a day Dangote oil refinery, which is also still under construction

Only Nigeria can achieve this...
Also the second largest Fertilizer plant in africa which is just behind this one (the largest in the fvcking world ) is nearing completion...costs about $1.1bn..

Roan77:
Wow bro, is this Gombe? Jeez

Yes

theenchanter:
lol, u're calling an ancient of days a child. Anyway, if he crawls like a child, talks like a child n even behaves like a child, then he's def a child...... In an old body.

Lol true,true..
Adhoboy have to timne to answer his B.S...i know how to handle idiots like him without having to give him too many facts...Afterall he has a limited world outlook. So close-minded....if there is anything like that..

Abohboy:
If I speak I’m in trouble

Lol

kikuyu1:
Nigga, this place gets old with your redundantly repetitive BS! We long ago established the true nature of Abuja a combined
-Potemkin village with abandoned mansions built for money laundering
-a giant open air toilet even within the CBD without basic amenities like any other town in Naij.
Must I repost the pics?

A una is greater and more developed than Mombasa and nairobi...true or false....
Yes the answer is TRUE

kikuyu1:
Nigga, this place gets old with your redundantly repetitive BS! We long ago established the true nature of Abuja a combined
-Potemkin village with abandoned mansions built for money laundering
-a giant open air toilet even within the CBD without basic amenities like any other town in Naij.
Must I repost the pics?

Potemkin village or not you will continue to see Abuja pics from me...I know it's irks you anytime we post the magnificent Abuja that makes your country look like a sick butt joke...
Abuja is only a Potemkin village to you alone not in reality...brace yourself for more Abuja pics and stop screeching in pain...

Btw shma I hope you noticed this..your fool of a brother finally started it cos he cant bare seeing the massive development of Abuja....

YEBOmadiba:
Seems u close to tears
When have u ever heard of an honest Nigerian business? Let the looting continue, it's ill-gotten gains.

Watch this..


https://www.youtube.com/watch?v=nodU6jz4dhY



https://www.youtube.com/watch?v=8hMCXrM-3Xg

gallivant:
Passive agressive tendencies is for girls.

Stop being foolish..he didn't mention name.. guilt conscience is picking you.

Austine1213:
Someone will get an itch in the anus n make it a competition

You showed different places he's gonna come with one, and claim "aiming for Singapore" lol

Lol they already started..

PROVERBZ:
guy let me warn you. Don't try this again!!!

How can you post a video that I wanted to post before me. Lol

Now back to the matter. I have high hopes for this ptoject now that its just Nigerians. The site is beautiful.

the project has kicked off fully even the internal water ways have been carved.

Next is the enyimba economic city. That one CA. Never fail to much backing from companies in China, Germany, even South Africa.

August update

Austine1213:
If this the final product gonna be, i love it

Damn you came through today

Can it be a Nigerian day today

You can say that again...

Gombe town..

gallivant:
Renders again?

Didn't you see construction pic?

Austine1213:
Thank you for posting this is good

Some people tend to think if you don't post nothing is happening.

True...they don't Know it's cos of laziness....I prefer coming here Shake some tables,have fun and leave..not having to scour the internet for pics..

obaaderemi:
These pictures are the bomb. The thing about Abuja is the vast space.

Yeah very wide road network..

Shma:
This one is beautiful, you can be updating us on progress.

The rest are also beautiful and I will.post them as much like..it's my choice

Benin Industrial Park Secures $250m Investment

Gov. Godwin Obaseki of Edo says an investor, Anchor Tenant, has committed about 250 million dollars to the development of Benin Enterprise and Industrial Park project.
Obaseki made this known when a World Bank Team led by Gloria Joseph-Raji, paid him courtesy visit on Tuesday in Benin. He said that his administration had continued to make considerable progress on the Benin Enterprise and Industrial Park project. Obaseki said that the plan was to commence construction at the site before the end of the year.
“We have made considerable progress on our industrial park as we touched on an anchor tenant who has committed close to 250 million dollars for their operation.
“This has been confirmed. As I speak, we have two others from China and the United Arab Emirates (UAE), and we are working closely to get a commitment from them,” he said.
Obaseki said his administration was focussed on building conducive business environment to scale up investment and create more job opportunities in the state.
The governor said that the state government was concentrating on key elements to improve ease-of-doing-business in the state by improving land reforms, law and order, streamlining the state revenue service and human capital development.
He said: “We have received support from the Universal Basic Education Fund to build a digital laboratory at the College of Education in Abudu, and we will work with you to build human capacity.
“The law for restructuring the College of Education is before the parliament and will be considered soon.
“Procurement for laboratory equipment for the Government Science and Technical College (GSTC) has been completed and will be ready for use by the last quarter of the year.
“We have identified three other technical colleges in Isi, Irrua and Igarra for similar projects.”

Shma:
You heard me and you understood.
But lemme rephrase it with other words.
"posting Lagos, Abuja or port Harcourt a million times is not an issue, as long as we viewers enjoy the view and can see real development. No need of posting anambra, Kano, Uyo and other still straggling states for posting sake. Just save them for reputation sake, when they'll start receiving Lagos like development or Abuja like then you can start posting. "

I will.post whatever I want....I don't take shots from u...
This building in uyo is beautiful and I will post it as I like..

Beautiful world class bridge in Onitsha

Shma:
but don't just come with 'pics' in the name of dissing Kenyans, we're here to see beautiful things not just thing.
I bet you know what I'm talking about, In short, come with appealing pics, there is no harm if you post only Lagos or Abuja, as long as we enjoy the pics then it's okay.
Meanwhile,
The iconic interior of I&M Bank headquarters.

Did you see me mention Kenya..

I don't know what you mean...what do you mean?...I am curious.