₦airaland Forum

Statistically my worst FPL season ever. I'll be back

Almiron:
offline analysts wetin you con win with thw roast, your football knowledge na negative

Read to understand and not to argue. I was also saying that the match would be tight. And it was

Indigbo:
Who wanna bet? ₦200k? West Ham will spoil show for City. Who wanna bet? You're confident I know. But put your money. Some of you don't know football.

Let's bet the 200k. We would send the funds to an escrow here. If you are game then reply me.

Matrix137:
Continue what

Stop fooling yourself

Matrix137:
I don't get u pls

Continue

Matrix137:
Very sad what this country has become.

It is well

Why are you chatting with yourself?

Almiron:
roast my feet, best case scenario in that match na draw, if you think Man Utd will lose again after that embarrassing defeat to Crystal Palace think again...na old Trafford no be emirate, you can quote me anytime.

I just dey look NL analysts dey laugh. Arsenal roast United at home. We gather dey, shebi na tomorrow

tjcoded:
42-45
23k

I like this

slaawomirr:
Damnnn niggar

Osimhen my niggar

Death to Ngonzi united
Oh I mean man chit united

Them cut my ticket last night
I don cry tire..stupid man u shit nor fit score one goal

Na 11k dey make you cry lol

POLS:
Hello... Can we link up?

Seen, replied.

Let me pitch my tent here. Currently in the finance sector, earn fairly OK.

I have a BSc. Accounting and got chartered last year.

2023Blessed:
If you call what I wrote up there an insult, then you are not only half-baked in knowledge but you have also confirmed that you are actually as backward in thinking as your leaders. If you cannot differentiate facts from insult, that's on you. Have a great Sunday

OK

2023Blessed:
Rubbish talk. I graduated from the University at 18 and I am not a genius in anyway. You backward people with backward mentality should stop limiting the potentials of our children.

You graduated at 18, yet you still don't have the decency to have a conversation with a random person on the internet without resorting to insult. Maybe just maybe I was right.

mrvitalis:
Abroad smart people can be graduate by 16
People get PhD at 18

The law should simply be that if you are below 18 you can only go to university within 10km of your guidan or parents

If you can pass weac at 5 years nothing stops you from going to university

Those are exceptional cases. If a child is a genius, it's totally fine to bend rules for them. Afterall, they would most likely live a life that's different from the average kid.

For your everyday kids, a 16 year old in most cases is not matured enough to navigate the complexity of an environment outside the control of their parents. That's why we have a lot of depressed people these days because they are asked to do what have not yet developed to do.

Using a machine with "God bless" to scam is razz.

gpercuxionz:
the price dey fear the guy to put, make dem no eat am raw

Make I hold then. No time to start entering WhatsApp over that.

FutureFocus:
Wow , it’s time for you to feel it

Going for 1/4 or the original market price

Location is Lekki

I Waybill nationwide.
Contact details on my profile

Put a price to it.

beardedboy:
It's a nonsensical and hypocritic comment.

Firstly, every religion has principles and regulations. If you're not ready to abide by them then you leave. Simple. At least, you should learn to take correction or at least take an L when your attention is called.

Secondly, people have the freedom to criticise whoever does something wrong in their opinion especially if it has to do with their common interest.

Thirdly, you're not a Muslim so what's your business with Muslim matter?

Bearded mumu.

Konquest:
Less is more... When you talk too much, you begin to make banal comments and end up aggravating issues. She should have been more succinct in her video defense or rebuttal instead of saying a lot of in needless stuff.

Even right on the UK and United States home soils, if you say something that violates minimum standards in Islamic teachings, the fundamentalists in the UK and U.S will attack and harm you with a knife or you could get shot. It's happened in the past.. So, she should just stay low wherever she is from here on out.

However, I've known for many years now (despite not being a Muslim) that dancing in videos to Islamic songs is not allowed Islam.

It's good to be aware of international etiquettes so that you don't inadvertently violate the cultures and religions of others around the world when traveling or when making TV ads.

Who do you like this? So Davido sings Islamic songs? A clown and more.

ecolime:
This is nonsense

Why 7 days? Why not 48 hours?

This means If you do not have light for 6 days straight but have 20 hours light on the 7th day with this repeated every other week, you will still be classed as Band A.

Try to read and understand na

How does this mean same thing with your message

The Nigerian Electricity Regulatory Commission (NERC) has ordered all distribution companies (DisCos) to automatically downgrade any Band A feeder that does not enjoy the minimum requirement of 20 hours per day power supply for seven consecutive days.

Valuation for an unquoted company like Opay while using the shareprice for other banks.

Opay valuation that is based on a single analyst perception.

Crowntop94:
They will go 10hrs ahead of airpeace so they are getting there the same time despite the Ethiopia airline stop over

This statement looks stupid to me. What do you mean by going 10 hours ahead? Na wa

If Nigeria actually had 200k responsible individuals, we would have been a better nation.

Nigerians have a very annoying attitude and following basic rules is a problem. Yet, we keep blaming our leaders.

The thread is for CLEARANCE SALES. If you post an item the public feels is not reflective of what a clearance sale should look like, it's normal for them to call you out.

Since it's your item and you don't want to be called out. Why don't you create your own thread and advertise your item there? It's foolishness to try to sell a clearance sale item for profits because exchange rate has depreciated then argue when people call you out for it. Nobody is saying that you shouldn't profit from your stuff, but why can't you market it elsewhere?

I would come online looking for what to buy, only to see three pages of nonsense arguments because someone can't follow something so basic.

43Ronin:
This is just textbook definitions. The economies of scale in mergers benefit mostly manufacturing companies or commerce based companies. Banks are service companies and their economies of scale might even be negatively affected because costs have doubled with staff having duplicate functions. Below is a disadvantage of mergers according to CFI- the owners of CFA certification. Now who's illiterate

Keyword aggressive merger. There's no guarantee this would happen like that. Plus this requirement has levels to it. International, National and Regional. All banks know their levels and I personally feel that we won't see a lot of mergers.

The goal has always been to increase the capital base of our banks so they can be able to absorb shocks. If you look at the fact that the last recapitalization was done in 2008, then you would know this is long overdue. Infact naira and dollar exchange then was barely 100 naira to $1, you know the rate today. Why would I need a Nigerian bank to be valued at $1m in 2008 and rn that's less than $100k, doesn't make any sense. So this is a welcomed development. It's not even supposed to make noise because most banks have been waiting for this.

The only headache most banks have rn is the fact retained earnings was exempted otherwise it would have been a walk in the park for them. Best bet is to start pumping market price. If I need 100m GT bank shares to achieve this recapitalization. I would find a way to double my share price so I would need half of it to make it happen thereby reducing dilution.

I honestly don't see why the Cardoso administration is being dragged for doing what Emefiele should have done. It's needed and very much necessary.

Dobodobo04:
Because banks would have to pass it to customers, don’t u agree?

I’m not illiterate. The fiscal system is still in its infancy, monetary tool of selling bonds and increasing interest rate are being deployed.

Asking banks for recapitalisation which CBN knows they will pass to customers is another subtle way of mopping up liquidity.

In reality, you can maneuver a definition that looks like this is to mop up liquidity and it can work but in reality you use debt instruments to do that. When you use instruments, you can guide those that you expect to subscribe to them hence mopping up liquidity.

When you ask banks to expand capital base, you don't exactly control where they source for funds which could make the desire to mop liquidity impossible. Say Access bank finally meet this recapitalization via foreign investment, would you say that the goal to mop up liquidity from the system was achieved? Meanwhile, if you were to issue Tbills via auction you know exactly who's buying.

43Ronin:
Ok Mr smart man, what is the essence of the recapitalization and why exclude BDCs and micro-finance banks from it? I was going to take on you further but when you said capital appreciation I realised that you are an illiterate. Access bank share price was 9.75 on 1st January 2014 now it stands at 10. How much was appreciated for someone who invested 10 million 10 years ago? What is now the value of his 10.75m in our present economy? Would he have made more money investing his 10 mill in maybe a landed property or even FG issued bonds at 13% p.a? You are financially illiterate to even discuss with me.

You do recapitalization to boost a banks ability to generate funds and also withstand adverse economic conditions. This is hinged on their position as a deposit bank, that hold funds on behalf of the public. MFBs have a required capital base because they function as banks do albeit in a lower capacity. Now, what characteristics do BDCs have for the CBN to ask for recapitalization lol?

Dobodobo04:
Daft?? Wrong choice of word!!

CBN probably using it to mop off Naira off the system.

How do you use recapitalization to mop up liquidity? Please stop saying shit you don't know.

Bennycollins:
I understand they all have to recapitalise over a period of two years. That is a long enough time. They just have to cut cost, maximize their PATs and retain much of the earnings over two trading periods and they are done. They may not necessarily resort to M&A.
Yes retrenchment may come in, the only drawback I see here, and maybe reduced dividends payouts.

The recapitalization excercise does not factor in retained earnings which is why most banks would be looking outward. If the entire shareholders fund including retained earnings was the basis of this recapitalization then most international banks won't have any issue. So trying to boost retained earnings is not the way to go.


The way to go rn is to ramp up share prices on the bourse, so that they won't have to issue too many shares that would dilute earnings. Or try to get FDI to come in.

Lanruze:
Check the valuation well. It's true that Opay has a higher valuation than Zenith Bank.

Take it or leave it, it's a two (2) year myth that has stunned the industry.

Opay is an international country with major presence in Nigeria. As such it's business cuts across a global space. The valuation captures it's total Global Assets.

Valuation is an excel work that was done by an analyst especially for an unquoted company. If I take the valuation you gave, then Opay is the biggest company in Nigeria and that's a big joke.

Talking about global assets like if I ask you to mention them, you would. In reality, most of the FUGAZ have branches that extends globally. So tell me, how's Opay more valuable? Access is about to buy one of the biggest banks in Kenya. Yet according to you, Opay with almost zero physical presence is Nigeria or Africa is like 10x bigger. Please na.

Boldideas:
Opay will buy up three banks eventually, sack 70% of the staffs, and still continue doing business.

Beer parlor talk. Access Bank's PROFIT AFTER TAX for 2023 was 619BN naira. Opay kor, no pay ni.

Finesse247:
U dey whine Opay? Don't play!
Opay can buy 3 banks. But that's not their strategy to have physical branches

Valuation is different from shareholders fund. Plus most Fintech coys have stupid valuation that defies logic. Explain to me why Access bank with a valuation of 821bn is lower than Opay. What structures that does Opay have to justify such valuation?