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Xukwaa's Posts

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Business › Re: What Business Can I Start With 1 Million To Make 5k Daily? by xukwaa: 1:39pm On Feb 22, 2020
[How many Nigerians will be able to use the internet in 5 years time.?quote author=EliteDude post=86775210]


Nice one!!!

Is gaming shop reaaly a long term investment? Personnally i feel we'd get to the time when people wont
Need to go to a bet shop to bet, technology would change alot of things bro, i feel in about 5 years time from now, bet shops would phase out.
Remember back then when we'd to those shops that rent out Video CDs and Cassettes of Foreign and Nigerian movies.
Then everyone started BUYING THEIR OWN CDS AND CASSETES.
Please dont mis-understand me, just thinking long term and would love to know your tnoughts sir.[/quote]
Family › Re: My Wife Forgets Our Anniversary - Does She Love Me? by xukwaa: 7:31pm On Feb 19, 2020
Story story story!
Celebrities › Re: Tboss Weeps, Curses Troll 'MsHafsat' Who Said Her Daughter Is Ugly by xukwaa: 6:54pm On Feb 16, 2020
The baby is beautiful! This is just a publicity stunt. The whole thing no correlate at all!
Celebrities › Re: Tboss Weeps, Curses Troll 'MsHafsat' Who Said Her Daughter Is Ugly by xukwaa: 6:52pm On Feb 16, 2020
Publicity. Now you've got it.
Politics › Re: Isa Pantami: Boko Haram Kicks Against New Sim Card Policy, Threatens Minister by xukwaa: 5:18pm On Feb 16, 2020
This na like wetin Musa no go see for gate!
Politics › Re: Buhari Has Failed Nigeria – Northern Elders Forum by xukwaa: 8:56pm On Feb 09, 2020
Daft elders!
Education › Re: Stop Asking People 'How Was Your Night', It Is Wrong English by xukwaa: 9:51pm On Aug 15, 2019
English kill you! What is communication?
Romance › Re: Top 5 Characteristics Of Men Woman Should Not Consider For Marriage: Miss Cokie by xukwaa: 11:46pm On Apr 02, 2018
Please, don't be a stéréotype. Provide vérifiable évidence.
Travel Ads › Re: Smyoot: Shop & Ship From China, USA, Dubai & UK (Express, Cargo & Shipping) by xukwaa: 2:42pm On Sep 08, 2016
Business › Re: CBN Directs Banks To Provide For Foreign Currency Loans by xukwaa: 5:24pm On Jul 28, 2016
The essence of the additional loan provisioning is to nil off the fictitious exchange gain arising from the increase in the Naira value of bad debts denominated in foreign currencies.

For example,

Bank A has $1,000 worth of bad loans. These bad loans were recognised in the books of Bank A as N198,000 (converted at the rate of N198 to $1)

Bank A provided for 100% of the bad loans. This reduced Bank A's profit before tax by N198,000

In July 2016, the exchange rate of the Naira to the Dollar depreciated to N320. As a result of this, Bank A recognised a fictitious exchange gain of N122,000 (N320,000 - N198,000) thereby increasing the profit before tax by N122,000.

However, the CBN directs Bank A to make an additional provision of N122,000. This will reduce the fictitious exchange gain initially recognised to nil (zero).


You can download the CBN circular from here: https://www.cbn.gov.ng/Out/2016/BSD/PROVISIONING%20FOR%20FOREIGN%20CURRENCY%20LOANS.pdf
Education › Re: Full List Of Best Universities In Nigeria By NUC by xukwaa: 4:07pm On Jan 17, 2016
Nairaland does not open on my ucweb browser
Politics › Re: Troops Kill Boko Haram Fighters During Battle In Babangida; Yobe (Graphic Pic) by xukwaa: 11:10pm On Jan 15, 2016
Dem no dey finish?
Politics › Re: Hameed Ali Orders Customs Officers To Declare Assets In 14 Days by xukwaa: 11:08pm On Jan 15, 2016
4 years is too short to clean up the mess. However, let's leave the whole thing for lawma...
Politics › Re: VIDEO : Man Climbs PowerLine: Threatens To Commit Suicide by xukwaa: 11:00pm On Jan 15, 2016
Oga, go hug transformer
Politics › Re: How New Customs Boss, Hamid Ali, Is Making The Billions, Now See The Result.... by xukwaa: 10:53pm On Jan 15, 2016
Carry on Baba!!!
Career › Re: ICAN 2013 May Diet by xukwaa:
andycoy4real: When wud ica
n release nov diet result
Today
Career › Re: ICAN 2013 May Diet by xukwaa:
Today!
Romance › Re: Please Help! I Chase Anything In Skirt A Lot! by xukwaa:
too bad
Romance › Re: Why Do Nigerian Girls No Longer Wear Pant Nowadays by xukwaa:
lol
Romance › Re: Ok by xukwaa: 12:09pm On Dec 27, 2013
Ask her
Dating And Meet-up Zone › Re: Re: Drop Your Phone Number And You Just Might Get A Date by xukwaa:
lol
Career › Re: ICAN 2013 May Diet by xukwaa: 10:08am On Jul 08, 2013
sent
hazyfm: Pls send to hazyfm@yahoo.com
Nov 2013 is our diet for F.A in Jesus Name. I also had a ref in F.A.
Pls if u have anyother F.A material that u think will be useful, pls send to me
Career › Re: ICAN 2013 May Diet by xukwaa: 8:25am On Jul 08, 2013
You can now check your mails as all IFRS soft copy requests have been answered

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