₦airaland Forum

‘Yul Edoche’ alert….���

Militant30:
The level of illitracy and intolerance in the north is at pandemic level.


Very uncivilized, unguarded and unreasonable.


No wonder the good book says we should fear Not(north).

How can a reasonable human destroy a team bus because your team did not win?

Who has bewitched this youths?

In the south , the literacy level is so high that cultists &/ hoodlums don’t destroy buses of other cult groups, but destroy a much lesser valued item….their lives!

Unto every people, it’s perculiar madness. ☹️☹️☹️

….& his darling Okija Shrine.

JusCuri0us:
Please put on home page. Nigerians must know about this growing xenophobia against them in the US.

When our home made Xenophobia is displayed daily on Nairaland. Do we need any more front page booster on this platform?

NwaAmaikpe:



I wish her well but most gospel singers do not make heaven.

Weldone, Angel NwaAmaikpe, security guard of heaven and hell gate.

PROPEACE:
It's called "safe heaven".

Sorry Uncle, but it is actually called ‘Safe Haven’….

Not ‘Safe Heaven’ or ‘ Safe Hell’

����

orohbiro:
So Russians is just 11 million and Nigerian is over 200million and we scared of Russians na wa o

Oga , google is your friend….
I am more scared of this your comment than I am of Boko Haram.
Russia is over 140 million in population

helinues:
Stigma is really still existing..

Yoruba's actually really care about drawing bad names to the family, almost all Yoruba mother's always make this statement below

Ran' ti Omo eni ti o nse ( Remember the son of who you are)

Despite the quote above and similar one found in other parts and tribes of(in) the country, we are still one huge bunch of corrupt guys and celebrate corruption In all its ramifications…aren’t we a joke of our words
No be by quote of wise men o…

From GTBan, stating that I owe them N20 in my overdrawn account for the two text messages of Christmas and New year wishes. From them...☹️���

Whoknowsme:
Drivers should churn over speeding always.
May the soul of the dead rest in peace

Amen ….

But is actually ‘shun’ not ‘churn’.
Typo , perhaps….����

Since I’m not a Taxi driver, let me ask this one looking at me under the bridge.
I would come back to post his responses and tag him appropriately.


Please OP don’t close the thread yet….

owagbeba:
This is always what I have thought to be a good solution to this dollar issue.

Let the DMBs sell e-dollars for FCY remittance. and for BTA they can issue a travelers cheque or visa/master card with higher daily withdrawal limit. This way nobody needs cash dollars.

For those wanting dollar to pay school fee in Nigerian school, same e-dollar bought at counter and transferred to the schools dormicilliary account.

Why can’t we just find a simple easy way for those dollar issue. This cbn’s back and forth with BDC is just creating problems for the economy. Dollar is now 525... expect another uptick in the price of goods, and eventually price of service; meanwhile salary for the employed remains the same, creating need for the employed to find a “short-cut” means to make up for the deficiencies in their personal finance. Of course, expect more corruption! More agbero harassing truckers and commercial buses, more cases of police extortion, more bureaucracy at government office, and many more.

Your idea has always been postulated as a way out of the FX quagmire we have had to live with in the entire life of our Nationhood.

In practice however the fact remains that either with the use of e currency (FX) or Travellers' Cheque (or a combination of both), the issuing bank would still need to settle it's forex positions with the honouring institutions (counterparty) and would need the CBN to sell it the scarce FX at a competitive rate ,due to the plethora of needs.

There is a huge and insatiable demand for FX from Nigerians and Nigeria for various reasons, the most prevalent being:

- Our status as a non capital and consumer manufacturing/producing Nation, which puts pressure on importation(and thus FX).

- Our likes for foreign products and services (against available local alternatives)

- Our over dependence on oil as a main source of FX (with dwindling fortunes of this and almost zero FDI's).

- Also, Diaspora remittances are also not adequately deployed and channeled to economic activities.

The underlying issues causing the scarcity in the first place must be addressed, then the channels for effectively making them available can be deployed.

Warm regards.

FrankGenius79:
Am a graduate of Business administration and management. I have a 2nd class upper, smart and intelligent. I like traveling and have decided to go for a job that entails traveling. Jobs like a public relations executive, Corporate Business representative, etc..A job that will enable me travel, achieve company objectives, come back and deliver reports, move again to another project. I want to work while doing what I love.

Pilot for GUO motors or Ifesinachi motors….
You fit travel daily sef. �

deedo93:
Mid Nigerian??

Yeah, as mid as in 'middle belter' or 'north central' origin, as some of you woud like it.

Sorry, I was out of data and couldn't write it completely...����

INCREDIBLE007:
bros

the question is

is what the man saying correct or not?

it's okay if you don't accept him as a fulani man that's he is

but he is spewing truth

Your concerns were adequately captured on paragraph 3 of my epistle...���

He is neither a Fulani or Hausaman.
His spoken Hausa is openly flawed and his intonation carries a mid/East African or mid Nigerian intonation.

He is quite unnecessarily abusive and aggressive.

He made quite some sense, but made quite a mess with his approach.

He is no better than the problems we face at home. Our government oppresses us and here he is oppressing us again with lethal wordings....

Why maliciously label the topic : Fulaniman bla bla...just simply...'Nigerian man bla bla...

ribegav:
Each quarter is four months. The end of the first quarter is end of April not March.

Hello,

Each year has 12 months and four quarters.

Dividing 12 months by 4 means each quarter is 3 months.

Thus March, June, September and December are the end of 1st, 2nd , 3rd and 4th Quarters respectively.

Hope this helps clarify.

Ciao!

blazesam:
The Only Christian Monarch In The whole Northeast ‘Mai Tangale’ Dies At 72

Mai Tangale, Buba Maisharu, is dead
Brief history and cause of death.

The 15th Mai Tangale, a First Class traditional ruler in Gombe state, Dr Abdu Buba Mausharu, is dead.

Reports monitored in the social media have it that the traditional ruler died in the early hours of Monday in his Palace in Billiri after a brief illness.

Dr Abdu Buba Maisharu was an administrator and traditional ruler, he was born on May 15, 1948, in Poshiya, Billiri LGA of Gombe state.

He attended, Billiri Primary School, 1962-68; Commercial Institute, 1971; Kaduna Polytechnic, 1974-78, he was Clerical asst while in Government of the then North-Eastern State, Maiduguri between 1971-74; Catering asst in Training, Yankari Games Reserve, Bauchi, 1975-76; ag. Hotel Manager Grad II, Bauchi State Wild Life and Hotel Boards.

In the private sector he was with Ashaka Cement PIc, Gombe State between 1979-2001 serving in various capacities including Depot Mgr, Area Office Kaduna; Dispatch Controller, Factory Depot Sale Controller; Depot mgr. Zaria, Dutse, Azare, Yola; Transparent Planner, Head Office.

The Bible Society of Nigeria honoured him with Life Long Service Certificate of 20 years service, 1979- 99; Ashaka Cement PIc; Certificate of Appreciation as Adviser for 6 years, 1995-2001, by ECWA Church, Ashaka; Certificate of Philanthropic Service by ECWA Bayara LCB, Bauchi, 2003; Special Commendation by Billiri Local Government, Gombe State for Maintenance of Peace and Security; awards in 2004.

He was included in Contemporary Who’s Who by American Biographical Institute, 2004; presented with a Second Class Staff of Office in 2002; recognised as third highest traditional ruler, Gombe, State; holds Doctorate, in Canonical Law (Honoris causa) by Pan-African Christian Theological University Inc, Abuja; Institute of Management and Technology, Enugu, 2004.

It will be recalled that the First Class traditional ruler some months ago last year, tested positive for coronavirus but recovered after treatment in isolation for the mandatory period of days.

Sir nobody can be compared to all you have done in your regime as the Mai Tangale and as the only first class chief to be a Christian in the whole northeast of Nigeria, your time on earth will be remembered for ages. Last time I saw you was when you were caped as the patron boys brigades of Nigeria in your town and in your palace at Biliri. Rest in peace Sir. Peace maker.



https://dailytrust.com/gombe-monarch-mai-tangale-dies-at-72

Hello OP there are a thousand of them in Taraba State and a handful in Adamawa and Gombe.

Perhaps you meant , the only first class monarch in Gombe state or some other explanation.

Your topic is so so so so so misleading....

Mods, don’t be too quick to push things to the FP...don’t you guys in NL have some small research team to make the basic fact checks?

Haba...

ORIENTATION101:
so it is easier for dogara to become vp of Apc than gov roadside political analyst have invade nairaland

He is very right.
It’s easier for Dogara to become even the President than becoming the governor of Bauchi state.

Dogara, is a Christian from a minority tribe and religion in his state where religious sentiments (even within the overwhelming Muslim population amongst denominations) is rife.

His election as a NASS member showed how polarized even his constituency, which is the only slightly majority Christian one out of about 10 federal constituencies in his state is.

It’s a dream worth pursuing though, but just think of having an Ijaw Governor in Ondo state....

Brunicekid:
Are you serious?

Buhari served before Abacha... What are you saying? Abacha was the junior of Buhari!!!

Buhari served under Abacha as head of the then newly created PTF in the 90’s.

davodyguy:
This is very wrong.

Yes, its to fight NPL, but all loans should be collateralized at the same amount borrowed.
Hence, when there's a default, the collateral can be foreclosed. This is why we have legal mortgage

Dear sir/ma,

1. Loans are collateralized not only on the amount borrowed, but inclusive of a factor of interest to be paid over time and at a consideration where a forced sale on the collateral obtained can adequately ensure the lender recovers the full amount lent plus a reasonable margin for time value.

2. Not all loans are backed by Legal Mortgage. Several other forms are available with varying level of foreclosure preference.
- BG’s
- PG’s
- CG’s
- Deposit placements (within or outside the lending bank)

And a lot more....

Kudos to the CBN!
If you want to borrow, the be ready to pay as an when due. Let the Banks co-operate on this and ensure we operate a banking system as is obtainable in more sane environments which we crave to live in.

2mercy:
https://www.dailytrust.com.ng/the-other-side-of-yahaya-bello-as-governor-of-kogi-state.html

Seriously guy, are you okay??.

I know this couldn't have been written by a lady except she is on m*nt ration.....

Hez143:
bill and notes,what's the difference??

Bill is used for currencies with strong Value , like the U.S. Dollar,GBP, Euro....

'Note' is used for those like Naira, Zimbabwean dollar, Liberian Dollar and the likes.

Hope it helps. ...

ChineduObinna:
The form you fill from CBN for a bid , cannot, accept <₦50m.
But you can invest less than ₦50m in TB by using banks that have pools(all banks have one) the down side is that if say CBN offers 16% at the end of the tenure, the pool may get 10% from their bank, or broker

.

To some extent, you are right. However, What you have stated is what occurs between the banks and the regulator (CBN) , which is another ball game altogether.

The OP asked of either leaving it in his savings account or investing in Tbills. which shows he is an individual , not a bank and thus, my response was tailored in similar direction.

Again, for clarity, individual bank account holders can request for personalised rates and hence , the CBN minimum threshold of N50million naira for such type of request. The interest rate would be that as given by CBN directly with no 'DMB' rate pool effect.

Shallom.

Hello,

There is no doubting the fact that T Bills are be eternal investment securities with higher returns than most other money market instruments available in the Nigerian Financial system.

However,your calculations and assumptions are quite innacurate and may not potray the exact analysis for practical purposes.

As a guide, T Bills can be done from as low as N500,000 & not N50mm as quoted by a commenter. However certain investment buckets in the T bills market have a minimum of such (where you wish to determine or bid your own rate as aginst that to be set by the CBN during sales).

For savings accounts, interest is compounded monthly and not in simple interest format. You invest N10mm principal, in month one. By month 2 your Total amount becomes N10mm plus N30k interest.
Therefore when calculating the interest for month 2, you no longer use N10mm but N10,030,000 as principal and incrementally so on till month 12.

You should be receiving some few thousand above your straight line calculation of N30k monthly time 12 months.

Also , T bills rate are guided by the MPR (Monetary Policy rate , which Is at 14% today). The are always lower than this rate, once they are issued by the CBN. T Bills are priced based on Tenors rather than amounts. So the interest rate for a 91 days differs from that of a 182 and 364 days (The lower the tenors, the lower the rates).

Also, unlike T Bills, Savings deposits could be negotiated (on a fixed term) & these rate could sometimes rival T bills in some banks, depending on the liquidity appetite for such banks at the time of your proposed investment.

T Bills have an advantage of having no WHT (Witholding Tax) payments, so you get your full interest, tax free, except for some few fees of less than N1,000 charged for transfer and monitoring.

In all, I'd go for a T Bill for higher returns, longer tem investment purpose and funds security. But a fixed deposit for shorter periods and if the funds needs to show on my account statements for related purposes.

Pradon my spelling/grammatical error. was typing in a rush in order to catch a space on the queue to go and vote Ganduje (Gandollars)in Kano this morning.

Shallom...& vote wisely!!!

BigSarah:
They have started it will never be well with a devilish party everyone knows all the PVC in JOS Is for his excellency ATIKU(ortomatically). Now they're trying to disenfranchise the Good people by setting PVc's ablaze.
APShit Aye Yin ti ta

Perhaps, Plateau state you mean, not Jos.
Jos is the capital and also a local government area like quantity pan....

Okay ....over to Supreme Court?

By the time they give their Judgment, Buhari would have been 3 years into his second term.

MKO dey vex with Una....

Buba Galadima in 2014:
'This is not the PDP we used to know'

Buba Galadima in 2015:
'This is not the Nigeria we used to know'

Buba Galadima in 2017:
'This is not the APC we used know'

Buba Galadima in 2018:
This is not the Buhari we used to know.....



Okay...Continue

AmazingELixir:



This Hausa people are completely brainless, how low can a people's mental faculty be.... little wonder shakarau recruits them with no hassle.

We really have no business being in thesame country with these crop of people, they are the very subset drawing Nigeria backward.

It just shows how weak we are when it comes to basic knowledge. Who says Hausa people are in Borno state or Maiduguri.
It just like Buhari Visiting Port Harcourt (Rivers state) & you quote that the Yorubas are hostile. ...
Kanuri is distinct from Hausa & that's what you find in Borno.
Nevertheless, our constant underestimation of our 'Northerners' is what has kept the 'southerners' perpetually under their rule & manipulations.

They are far from being illiterates or novices...they punch you just when you are about to swallow the morsel...its very effective.

....if you know, you know!

Shallom!

Nigeriabiafra80:
Next level in grave

With PDP's Federal might and resources in 2015, he gave them a double edged punch back to back as quoted by you.

Yet you doubt BAT's sagacity.

Now, with federal might in his favour, PDP would be gifted with a little over 200,000 voter come Presidential and Gubernatorial elections as consolation for the final knockout brewing.

Shallom!

My brother Mallams go just use am pay sadaki for new amarya....