very brilliant performance.

kudos to the guy.

lol !!

chintua is voicing out her greviances. she must have had it rough with men.

5th husband and still counting. with ese, onome, orobosa,ufuma etc from different men.

chei !!!!

try fish farming its v lucrative

@Chintua, no marriage is perfect. every marriage have its ups and down. i don't mean any insults but i seriously doubt your mentality about marriage and even your marital status. i equally doubt the credibility of the man you claim love u to pieces


Eucharia Anunobi ended her marriage bc she caught her husband with another girl. Monalisa chinda ended her own marriage because she fought with her husband, and these are your role models!!

Mu he he he he

You wish. I can't wait to get rid of my husband.
His only crime? He is an African man who loves me to pieces.
Please, go and ask around. . .some of us are too loveable to be single parents. We don't attract losers like you.

[quote][/quote]

you are too lovable to be a single parent , so you've confirmed that those single nollywood mothers are not lovable (mannerless) thatz why men that got them pregnant did not keep them.

my question: why are they still your role model?

hope they didn't pick a log of wood from the lagoon and claim the body has been found.

after three days??

sea animals would have scavenged his body beyond recognition

may his soul RIP

@ chintua keep deceiving your self. youn definitely must be a semi-frust/rated single mother

@ poster, open another tred for nigerian musician and dont forget to mention that girl, (omo/wumi)

he may have been heavily indepted to the banks and those who sponsored him during the elections.

may be they just printed his statement of account in the bank  and the figure is breath taking.

its a pity.

nothing will happen to the man. 90% of our problems in this country is fear.
when Rotimi Amechi stood his ground against the criminals who were making life unbearable in Rivers and other ND ststes what happened at last ?

lol !!!

Housa's and Youuba's where crying  ONE NIGERIA - ONE NIGERIA when the south eastern states wanted to go.

now you all are being chocked to death in your states. shame on you all. it is too late.

the south easthernes have bought even your burial ground.


i no fit laugh oooo.

ONE NIGERIAAAAAAAAAAAAA.

Someone told me NNPC has commenced interviews for successful candidates.

any updates?

JTF will show them wiiiiinnnn. its only a matter of time

In the  late 60s BIAFRAN engineers built armored tanks, rocket launchers, refined crude oil (to produce petrol,engine oil, gasoline aviation fuel etc), attempted to build an aeroplane etc, etc, etc.

Immediately after the war, the NIGERIAN government killed and directly or indirectlystill killing similar innovation for fear of what i dont know till today

Just before the amnesty programme NIGERIAN government destroyed about 160 oil refinaries in SS and SE(they never cared to promote indigenous technology and licence those refinaries viz-a-viz regulating their activities.

Two weeks ago the NIGERIAN government tooks some youths in ENUGU STATE to court(it was in the news, may be they are still in police custody now)
From what i read in the newspaper, those guys built their own BASE STATION and were retransmitting/reselling DSTV,HiTV etc signals

In as much as i do not support piracy but those young Engineers should have been encouraged in another form.

Those who blin.dly think nigerian engineers are useless should open their eyes and reason properly

maybe  the scripture will be finally fullfiled when POWER moves down to CHINA/ASIA(the end times)

why different names?

Olu Jacobs and Joke Silver. aren't they supposed to have a common last name

something must be wrong somewhere

el-effizi:


Men fail to realise that all women have the same physical make-up. The intimate intercourse you will have with Tina will not differ from the one you will have with Angela. It only endangers your health because you are not going to test Angela for STIs before you jump in. If your wife is not good in bed, why not teach her ? If you have a problem with her, why not settle it amicably ?
Best of all, ensure that your woman is someone whose weaknesses you can permanently tolerate before you marry her, or don't marry and make every woman you meet know your stand, so that they know what you stand for.

I have thought about this question for many years. This is my own school of thought on why men cheat.

this must come out of practical experience

Rescued banks’ net losses now N1.28tr

By Bassey Udo

June 13, 2011 10:48PM
Print print Email email Share Share


The Central Bank of Nigeria (CBN) yesterday said that in spite of its intervention in the country’s financial crisis, the eight rescued banks are still in distress, with operational losses put at about N1.284 trillion.

The apex bank governor, Sanusi Lamido Sanusi, said yesterday that in spite of efforts by the respective new managements, the erosion of value through huge operating losses has kept the banks technically insolvent.

According to the CBN governor, as at December 2010, Intercontinental Bank recorded about N330.709 billion negative asset value; Afribank Nigeria, N260.940 billion; Bank PHB, N242.309 billion; Union Bank, N135.894 billion; Finbank, N104,751 billion; Oceanic Bank, N94.261 billion; Spring Bank, N87.869 billion; and Equitorial Trust Bank, N27.253 billion.

Reviewing the ongoing recapitalisation of the affected banks, Mr Sanusi deplored the negative activities of some shareholders, warning that the apex bank would not fold its arms and watch “a small minority of shareholders with vested interest” derail the process.

Derailed process

Though he noted that the recapitalisation process has reached advanced stage, with the receipt of four Memoranda of Understanding (MOUs) for approval under the provisions of the Banks & Other Financial Institutions Act (BOFIA), ex-parte orders obtained by the shareholders have derailed the process.

“The recapitalisation process is now well advanced, and the MoUs submitted to the CBN have gone through the regulatory process.

“However, the process risks being derailed by a small number of shareholders, whose prior stakes amount to just a fraction of the banks’ shareholding, purporting to be acting in the interest of the wider shareholders but most likely at the instance of some vested interests.

“These shareholders have filed court actions to stall the recapitalisation process. Indeed, the CBN has been advised that four MOUs and the recapitalisation to complete the restoration of the banks, which would have been formally brought to shareholders for the exercise of their rights to participate (either alone or with the strategic investor), have been effectively blocked by ex-parte orders of injunction obtained to stop the process,” the CBN governor said.

Mr Sanusi warned that the distressing situation would worsen if fresh capital are not injected into the banks to plug the hole in the banks’ balance sheets created by their previous mismanagements, pointing out that “so long as these banks continue to fund the gap with interest bearing liabilities, they will continue to run operating losses, especially in an environment of rising interest rates.”

No indefinite interbank guarantee

According to him, the CBN can ill-afford to sustain indefinitely the interbank guarantee it provided for the eight banks, considering the high cost to the nation and the risk to the country’s financial system.

He warned that in the event of liquidation of any of the banks, the CBN would not owe any obligation to protect or give any value to shareholders who will have to face the reality that their investments have been wiped out by the management teams that they appointed, pointing out the ongoing merger and acquisition process was to restore stability to the system.

“The process has reached an advanced stage, and the CBN will not allow itself to be tied up in endless litigation with persons who have no stake in these institutions, and who are willing to use court processes to bring actions that would inflict losses on innocent depositors and savers whom the CBN remains resolute to protect,” he said.

Last week, CBN’s director, banking supervision, Samuel Oni, had said that the apex bank would not be deterred by these negative activities, as it remained committed to explore all legal actions to vacate those injunctions, to allow the process to continue to its logical end, while steps would be taken to protect all depositors and creditors’ interests in the affected banks.
Back

Abagworo:

Osu is more prevalent in Imo than any other State across Igboland because they were most affected by slavery.The Isu group who make up much of Imo and some parts of Anambra were the most sold in slavery.The Osu existed in all parts of Igboland though.

@topic.The Osu issue is long dead.It is only a few people that still observe the rules of Osu.I think it is mainly because of the movie "Taboo" and some unnecessary media coverage of the few cases that has made it an issue.If marriage is the discrimination then it means nothing since marriage will always have tendency of discrimination.A white man will hardly marry a black woman just like an Anambra man will hardly marry an Imo woman.

@abagworo, your post is as sensless as you appear to be in real life. looking at the bolded part of your post, its clear you 've not existed beyond obosi spare parts market.

Osu and Ume is more prevalent in Enugu and Anambra state than in Imo, do your research properly.

emmke:

the north is backward, the igbos are doing well bla bla. Why dont u guys just stay in that little hell of yours called the SE if u have such fantastic infrastructres as u are claiming here. Truth is SE is one f.uked up region and thats why u guys keep floodin they north even with the crisis up there. SE is one terrible place to stay, thats why significant number of you cant even leave in that hell of a region. Is either u are in the west or north, each time givin they locals trouble. What a set of people.

igbos wanted to leave nigeria (for biafra) you people refused an started the civil way to kill the igbos for attempting to leave your country(nigeria). now you have started complaining

deadie:


Nna, kedu ka isi dee "ọ", ọbu Igbo keyboard ka I na use? )

please how do you people manage to put a dot(.) under (O). im interested in this igbo keyboard

the cafe already have ipnx soma network.

still available

Da Doctor:

thats true,
but lets not add slat to the food so that it is not over salted.

needless arguing with you.
if you are an agent of the system, instead of posting comments that will deceive innocent
nigerians i suggest you concentrate effort on CBN and her policies.

Da Doctor:

dat was then, not now, and they get 100%

moreover, NO BANK WILL BE FAILED, THEY WILL ALL CAPITALISE.

The pressure will soon die down and the process will flow on well. By Gods grace

Please lets not deceive innocent nigerians who dont really understand the intensity of the situation on ground
(incase the worst happens).

there is nothing wrong in seeing danger ahead and apply caution.

Da Doctor:

bad advise,
even if the banks fail , depositors fund are 100% guaranteed!!!!!

if the banks fail(which we dont pray for), it takes nothing less than 6 months b4 depositors get a refund. and depositors might never get anything more than 50% of their fund.

fineboy200:

pls what do they mean by recapitalization, im banking with bank phb.

If you love your money/investment it pays you to safeguard it pending when the SAID recapitalization is
successfully concluded.

Okoro2015:

Osu Caste system in Igbo land is like a Stubborn fly perching on the Scrotum Sac.

that is,

ikere bere na akpa amu

very risky

@ Godalone

Just sent you an email.

i have over 70,000 shares in one of the affected banks. could not sell the shares because it
crashed totally.

Now the banks are at the verge of liquidation, what are my best options?

I need advice pleaseeeee

when i spoke with my stock broker yesterday he said its difficult to find a buyer now because
most people are offloading their shares.