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BusinessRe: CBN Bans 9 Depositor Banks by sharks776(op): 8:12pm On Aug 23, 2016
I think the entire management of those banks should be sacked and sued
BusinessCBN Bans 9 Depositor Banks by sharks776(op): 8:02pm On Aug 23, 2016
The Central Bank of Nigeria (CBN) has banned nine deposit money banks (DMBs) from the foreign exchange market, for hiding over $2 billion belonging to Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA).

According to Channels TV, President Muhammadu Buhari has been briefed on the breach by the banks, and they have all been mandated to move the monies to the treasury single account.
: Diamond, UBA, Heritage, FBN, Fidelity, Skye, Sterling, Keystone and FCMB are all suspended from all FX markets for hiding, failure to remit NNPCg$2.12bn into government coffer. They will all be allowed to return to NGR FX market operations once they fully pay-up NNPC$2.1bn into TSA

http://leadership.ng/news/547477/breaking-cbn-bans-9-depositor-banks

Sources say President Buhari already briefed of nine (9) banks hiding of NNPCgro $2.1bn fund from TSA and sanctions imposed - ChannelsTV

Putting this in perspective, $2.1bn @ N320 N672bn. This is approx. 37.0% of the total N1.8tn earmarked for capital expenditure in 2016 budget and almost at par with the N691bn shared by the FAAC in July 2016. - Ayodeji

9 Banks hiding this huge amount of money that belongs to FG and someone said we should slow down on corruption. Buhari fire on.
My opinion
BusinessRe: Dollars To Hajj Pilgrims: CBN To Lose N7.6bn Tax Payers' Money - Nairametrics by sharks776(m): 7:29pm On Aug 05, 2016
@ N197 to $1 no subsidy or gestures of any kind was ever given to the pilgrims
what you shoulder understand is that this pilgrims (over 80% of them) paid their money to the government pause months ago (some even paid in 2015) before the devaluation of the naira. Therefore you will agree with me that it will be unfair for thesame government to charge the same pilgrims (or provide its service) at the current rate (300+) when however the transaction was agreed and paid for at the old rate (197).
BusinessRe: CBN To Sell Dollars To Pilgrims For 197 by sharks776(m): 3:27pm On Aug 05, 2016
GET THE FACT RIGHT

I read alot of bruhaha on social media about our government giving Muslim pilgrim dollar at N197 to $1. But what the media don't tell you is that this pilgrims (over 80% of them) paid their money to the government pause months ago (some even paid in 2015) before the devaluation of the naira. Therefore you will agree with me that it will be unfair for thesame government to charge the same pilgrims (or provide its service) at the current rate (300+) when however the transaction was agreed and paid for at the old rate (197).
Foreign AffairsRe: Malia Obama Celebrates Her 18th Birthday As President Obama Sings For Her by sharks776(m): 1:57pm On Jul 05, 2016
Her punny don ripe
PoliticsUnpaid Debt: AMCON Set To Take Over Ben Murray-bruce’s Companies, Assets by sharks776(op): 8:25am On Jun 23, 2016
Excerpt there is a last-minutes change in plans, the Asset Management Corporation of Nigeria (AMCON) will on Thursday morning take over the assets of three companies belonging to politician Ben Murray-Bruce and his brothers.
The assets are being seized following the failure of Senator Murray-Bruce and his brothers to settle an N11 billion loan owed Union Bank and acquired by AMCON.
AMCON was established on July 9, 2010, as a key stabilizing and re-vitalizing tool for stabilising the nation’s financial system.
Its enabling law empowers it to acquire non-performing loan assets of Nigerian banks at fair values and then put them to economic use in a profitable manner.
Mr. Murray Bruce and his brothers, using their companies, had between 2005 and 2007 borrowed various sums of money from Union Bank.
After they repeatedly defaulted in paying back, AMCON purchased the loan in 2011 to save the bank from collapsing.
AMCON is now seizing the assets belonging to the three companies used in securing the loan – Silverbird Productions Limited, Silverbird Showtime Limited and Silverbird Galleria Limited.
Silverbird Galleria, Lagos, ... One of the assets to be seized... Photo Credit:
Silverbird Galleria, Lagos, … One of the assets to be seized… Photo Credit: www.aboutlagos.com
The properties include those at 133, Ahmadu Bello Way, Victoria Island, Lagos, Plot No 1161 (Silverbird Galleria), the plaza at Central Area Cadastral Zone AOO, Abuja, and the magnificent structure located at Abonnema Wharf Road and Abali Park in Port Harcourt City of Rivers State.

The planned takeover followed the June 17 interim orders granted by Justice Cecilia Olatoregun-Ishola of the Federal High Court, Lagos, in Suit No. FHC/L/CS/790/16 – Asset Management Corporation of Nigeria & 3 Ors. v. Ben Murray Bruce & 4 Ors.
The order allows the Receiver/Manager to take possession of the said properties.
AMCON had on April 18 appointed a Senior Advocate of Nigeria, Muiz Banire, the receiver/manager over the sprawling properties.
Named as defendants in the suits are Senator Murray-Bruce, Guy Murray-Bruce, Michael Murray-Bruce, Guy Murray-Bruce and Jonathan Murray-Bruce, who is the senator’s first son.
An AMCON insider said Mr. Banire had concluded arrangements to take over the assets on Thursday morning (today).
Senator Murray-Bruce could not be reached, Thursday morning, to comment for this story. His known telephone line failed to connect. He is also yet to reply a text message sent to him.

http://www.premiumtimesng.com/news/headlines/205776-unpaid-debt-amcon-set-take-ben-murray-bruces-companies-assets.html

PoliticsRe: Orji Proposes ‘Institute Of Chartered Politicians’ by sharks776(m): 8:26am On Jun 01, 2016
This Guys are jobless
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 9:51pm On May 29, 2016
wow I've really missed alot here, pls what channels do we have on yamal and 68.5e am no interest in movies. and all i have 60 and 90m dish
Car TalkRe: FRSC Seizes An Overloaded Vehicle In Bayesla (Photos) by sharks776(m): 2:29pm On May 27, 2016
EverestdeBliu:
very serious. I thought this could only be seen in the North.
can you just make your comment without making reference to anyone?
Car TalkRe: Buy These Two Toyota Cars For N2.3million Am Relocating To Usa.. Urgent by sharks776(m): 3:20pm On May 08, 2016
Bros that Matrix is a 2004 and not 2005
CelebritiesRe: The Hunt For Funmi Adams: Dead Or Alive? by sharks776(m): 10:28pm On Mar 21, 2016
I really had a wonderful evening today listening to Funmi Adams "Nigeria my beloved country" can't to hear about her. Op, more grace to your elbow
PoliticsRe: Gov Wike Acquires Mobile Office Worth Over Three 300 Million Naira by sharks776(m): 7:06am On Mar 01, 2016
.
AutosRe: sold Wow=====Extremely Neat 1999 Mercesdes-benz Toks C200 by sharks776(m): 1:21pm On Feb 25, 2016
location?
PoliticsRe: Kachikwu Meets With Salman, Saudi Arabia's Minister Of Petroleum (photo) by sharks776(m): 8:12am On Feb 25, 2016
Raphael81:
why is mr Kachi-UKWU not well dressed in Saudi? No Niqab? No white jalabiya? haba mana minister for petrol
Nigeria's Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, met with Prince Abdulaziz bin Salman, Deputy Minister of Petroleum and Mineral Resources of Saudi Arabia -at the Nigerian National Petroleum Corporation (NNPC) headquarters in Abuja.

Read the bolded
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 11:02am On Feb 21, 2016
Lanceosas:
good morning @, there is this bird am receiving,it as only one station CH 36 but whn i view the station it was LC2, the Tp is 12706 H 02103 am using a 2 in 1 set up,16e as a primary lnb nd multi tv @ d top. The bird in question is in between.u all should check it out.
what's LC2?
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 11:01am On Feb 21, 2016
[quote author=consumingfire post=43113910][/quote]its still working
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m):
ManirBK:
press 8282 from your remote go down to powervu.enter Ident i mean tp.down to line 00 input the keys exit down to line 01 enter the keys exit save
PoliticsRe: Metuh Returns To Prison After Bail by sharks776(m): 5:17pm On Jan 19, 2016
k
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 6:18am On Jan 19, 2016
kingsley6:
Please... Is anybody watching MBC on badr 4 @ 26°e? Please... My two dish are wasting.. . grin
Mbc HD is off air on that badr 26
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m):
Chinedu7:
It's not always the case. All 1m, 1.8m, 2.4m dishes are not the same, what makes some different from others is their makers' expertise in molding them. One day buy 2 different makes of 1m, try and put them together, you will see they won’t lap because they are from different makers. Those little details stand some apart when it comes to nailing tough channels.
I will give you another example, the same DSTV 90cm is an expert in getting SES 5 and Eutelsat 7A together with one lnb what Consat's 1m can't do. After investigating problems when tracking 7w, I concluded that some dishes perform better in that. Some people haven't been able to track it with 1m while I have ABS 3, 7W with mbc @ 65% and 22w all in one dish(DSTV 90cm), it's no coincidence, it has a reason.
I have made my point, if you don't want to spend 3 empty days in hot sun, if you see DSTV 90cm buy it, within 30mins you will have your MBCs in your home.
you've said it all, I also came to understand that MBC on 7.3w is difficult to track if

1. your dish has a bend. no matter how small the bend is
2. your LNB is cut
3. you use a weak or cheap LNB
4. you use the Blue color DSTV dish, white is better.
5. if you are not patient
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 8:42pm On Jan 17, 2016
HIGHESTPOPORI:
You better buy Strong 4940 decoder for mytv with that money and enjoy unlimited Mbc channels for 900 a month,same position as Eutelsat 16,that's what I use.
I was using the N900 MBC package from mytv earlier but then I noticed that you only get mbc2,action,max and power and you won't be able to access the information or even check the name of the programs. so I switched to 7.3w and I got what I wanted plus mbc bollywood
Car TalkRe: I Need Advice On Third Party Insurance Claims by sharks776(op): 7:43pm On Jan 16, 2016
I don't think I can foot the bill, so I don't know if the insurance company can cover it
Car TalkI Need Advice On Third Party Insurance Claims by sharks776(op): 3:27pm On Jan 16, 2016
Recently, my junior brother was involved in an accident. at the end, the Police found him to be at fault. Hence, he must repair the vehicle of the other person involved in the accident.The problem is the other party is claiming that he only repairs his vehicle at one of the high bro vehicle servicing/repair company that is high tech (Brisco). I tried persuading him but he refused. moreover, the vehicle in question is a Toyota Yaris. I will appreciate any suggestions please.
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 8:58pm On Jan 14, 2016
IT4ALL:
pls is anyone on MBC on 90cm...ur location best way of tracking.. thanks
Abuja, that thing get plenty tweaking. just make ur LNB is not cut
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 8:57pm On Jan 14, 2016
IT4ALL:
pls is anyone on MBC on 90cm...ur location best way of tracking.. thanks
Abuja, that thing get plenty tweaking. just make ur LNB is cut
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 1:32pm On Jan 13, 2016
ify4king:
Its not c band and it can be tracked in Abj, there are abt six or seven mbc channels... Reporting from Abuja!!!
ok, can you help me out with the frequency and ur contact if possible. thanks a bunch
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 9:47pm On Jan 12, 2016
Hello people, Please I need the basic requirements for nailing MBC on 7.3w. because my tech guy here is saying that that it's a c-band setting. Can it be tracked from Abuja?
And how many MBC channels can one get
PoliticsRe: Kogi Speaker Momoh Jimoh-Lawal Impeached by sharks776(m): 3:15pm On Dec 10, 2015
Kogi in the news
EducationRe: How I Used What I Had To Get What I Wanted In The University by sharks776(m): 2:23am On Nov 26, 2015
thatsincerechic:
I can't say everything that happened word for word.. In school the same day Andy had complained about trying to reach me on my line.. I got a small Nokia touch light phone from a course mate. If I needed to include that, then I needed to include the character, the good samaritan. So you see, I only mention those who really had a great impact in my life. I hope you understand.
you know best. Good write up.
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 6:31am On Nov 24, 2015
mujaya1:

who need powervu for SRT422A
I do, I have srt4922 and 90cm dish. how do I go about it pls.
ShaayauAminu@gmail.com
Satellite TV TechnologyRe: Free To Air Satellite Tv General Thread by sharks776(m): 11:32am On Nov 21, 2015
i have 2 decoders srt4922 (updated) and Q23g I need help on how to insert Biss keys and how to tune adult channels. some matured pls help. ShaayauAminu@gmail.com

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