Freiburger:


That verse is from Rick Ross taken from the depper than rap album.

hax:

No.

Nice, but not classic.

American Gangster > HHID

*realises the wahala he may have caused, but it's too late. . .*

lawuyi:

hmmm this one that u guys r talking about Drs going from consulting to ibanking, i know one dude that did just that as well. Tolu did your Dr friend just get married to another Dr

As per helping out jobwise, the only challenge i have with the people we've seen so far is mostly in the area of modeling, my people would prefer someone that has at least a rudimentary knowledge of modeling already and that's disqualified lotsa peeps that might be interested, Tolu any chance u can build financial models?

That abuja exchange can't be doing too good if no one knows much about it oooo

lawuyi:

why do u think it will??

dypo:

I use a Dell Inspiron 1545 (genius). It's just 2 months old, but the battery lasts just over an hour.

Actually I did not charge it before first use, My bad,

jenju:

It seems to me that the issue is not weather the CBN has the right to legally sack CEOs of banks.  Fact remains that, the CBN has no authority to sack the CEO of any corporation and these CEOs are typically accountable only the board of directors and shareholders.

What is happenening here is a takeover of these named banks by the CBN.  The banks will be otherwise forced into bankrupcy because of capitalization problems. Given the banks' high level of bad loans that are unrecoverable, N400billion at least,  the CBN had to take over these banks and provide the necessary capital to keep the banks afloat.  Since CBN now controls the banks (as a condition for injecting N400b), they become legally empowered to fire the CEOs.

If the CBN had not injected the said funds, these banks would have had to go bankrupt. Imagine what that will do to the economy.

This is the kind of bailout which took place in the US during their savings & loans scandal.

May Allah in his infinite mercies bail Nigeria out of the strangle hold of the thieving elite.

Cheers,
J

otukpo:

the banks are the reason inflation is too high in Nigeria.

The CBN has to do more than sacking these banks  chiefs

Tmoni:

@babalawo, i agree 100% with your analysis,

only Diamond bank gained today on d exchange (banking sector), maybe d news did not get to the brokers in time

Monday will be mayhem

As usual, it is the inocent public at the brunt of this again,

Sometimes, i really dnt blame Americans who stuff out life of sum people,

kokoA:

Are we saying Soludo failed? This country never seizes to amaze me.

Fhemmmy:

What made him less dull?
I think this just show how stupid he is