₦airaland Forum

See the Brain talent Naija get we are wasting, Ehn?!

Too True!!

Waiting!

Ahmed Musa will have to adapt to a playmaker role, using his pace as an asset!

REVISED TEAM!

Thus time II want only players discovered in the 21st Century! So Okocha and Taribo West can't feature!

zynzyn:
4 -2-3-1 Formation

Nigerian Soccer, like Brazilian Soccer, has an offensive bias. Unlike the Ghanians, we are not so strong in defence, so you want to have more defensive players to ensure we don't concede more than we score!

.........................Obafemi Martins

Nsofor...........Ahmed Musa..............Odemwingie

..................Garba Lawal.......Ogenyi Onazi

Taiye Taiwo.....Shittu .Oboabona......Yobo

.............................Enyeama.


Points.

Reserves will come later!

Modified Team.

God is Faithful when I am faithless. Thank u Lord!

holajeedayy:
Somtimes when i see comment i just laf,how can u put a lawyer in the position of power and housing ,when we have technocrat making good impact in there feild and u see our so call graduate comment good at it,we practical architets,practical civil engineer and so on but to many a lawyer is best #keep decieving your self nigeria

I think it is more a matter of the fact that Barafas has a strong political will and a go better attitude. He actually tried to find an independent power solution for Lagos with all the challenges!

luvmijeje:
I'm super excited. Ambode should thank his star that Fashola was not made the minister of FCT........he would have regretted the day he vied for the post of Governor.

How and Why?!

Still available!

Buzz!

hi

Still going for 5k!

w

mbulela:
08 Nov 2015
http://www.thisdaylive.com/articles/tsa-cbn-fines-skye-bank-n4bn-for-concealing-mdas-funds/225038/

Bank accused of shrouding N40bn until discovered by CBN examiners

Tokunbo Adedoja

Less than two weeks after it sanctioned two major banks for flouting Federal Government directives on Treasury Single Account, the Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank for concealing funds belonging to Ministries, Departments and Agencies (MDAs).


In a circular from CBN, addressed to the Chairman, Board of Directors of Skye Bank, the apex bank slapped Skye Bank with a fine of N4,005,228,976.35, which it said represents 10 percent of the concealed funds belonging to Federal Government MDAs.
The circular said the amount would be debited from Skye Bank’s current account with CBN.


The CBN circular obtained by THISDAY from industry sources, showed that Skye Bank failed to report MDAs’ balances amounting to N40,052,289,769.47, as at October 23, 2015, more than a month after the TSA deadline had expired.


The Federal Government had directed that balances/receipts due to the government or its agencies be paid into a TSA domiciled in the CBN except otherwise expressly approved. The TSA is a bank account or a set of linked bank accounts through which the government transacts all its receipts and payments and gets a consolidated view of its cash position at any given time. A September 15 deadline was given for full compliance with the directive.


CBN's hammer had earlier fallen on two major banks - First Bank of Nigeria Limited (FirstBank) and United Bank for Africa (UBA) Plc for failing to comply with the directive on TSA. While a fine of N1,877,409,905.12 was imposed on FirstBank, UBA was fined N2,942,189,651.45.


The fines imposed on the two banks represented 5% of unremitted funds.
Unlike UBA and First Bank that were sanctioned two weeks ago, a higher percentage (10%) of fine was imposed on Skye Bank because it shrouded the MDAs' funds until the funds were uncovered by CBN examiners during a visit to the bank.


While notifying Skye Bank of the fine, the apex bank’s circular signed by the Governor, Mr. Godwin Emefiele, noted an October 14, 2015 request by its Director of Banking Supervision, Mrs. Tokunbo Martins, for information on Skye Bank’s total amount remitted and unremitted to TSA in a prescribed format with a submission deadline of 12pm, October 15, 2015.


It however stated that the bank’s initial submission on “15th October 2015 in respect of the information requested indicated unremitted amount of N442, 916,642.92, a rendition which was false as your bank failed to report FGN MDAs’ balances amounting to N40,052,289,769.47 as at 23rd October 2015.”
The unreported sum, it said, was unearthed during CBN examiners’ onsite visit to Skye Bank on October 26, thereby aggravating the offence.


“The fact that it took CBN Examiner's visit to your bank before this was unearthed is unacceptable,” the circular stated.
CBN also issued a strong warning to the board of the bank to desist from allowing a similar situation to reoccur as such would be met with stiffer sanctions.


“For the avoidance of doubt, the CBN shall continue to frown at incidences of non-rendition of returns, late or false/inaccurate returns, other false/inaccurate information or any infraction whatsoever. The CBN shall, in such instances, impose sanctions as appropriate,” it further stated, signaling a stricter regulatory regime where deliberate breaches would not be tolerated.


THISDAY had exclusively reported three weeks ago that two prominent banks faced sanctions for circumventing the presidential directive on Treasury Single Account (TSA). The THISDAY report had noted that CBN was considering imposing a hefty financial sanction, suspension or removal of the CEOs, and the dissolution of the board of directors.


A week after the report, the central bank imposed a N4billion sanction on First Bank and UBA for concealing funds belonging to Nigerian National Petroleum Corporation (NNPC).


The Federal Government directive on TSA had sent shock waves around the financial sector due to the huge government deposits in commercial banks that would be affected by the policy as fears mounted that it would further tighten liquidity.


Some banks had tried to hide under the authorisation letter from the Accountant-General of the Federation, Alhaji Ahmed Idris, who tried to exempt certain agencies, and were using that as a basis not to comply with the TSA.
But CBN, in line with its September 9 circular, restated its resolve to punish any commercial bank that failed to comply with the policy on the TSA.


CBN however moved to ease liquidity in the banking system, in response to a severe liquidity squeeze in the interbank market at the last meeting of the Monetary Policy Committee by ensuring that the Monetary Policy Rate (MPR) remained unchanged at 13 per cent+/- 200 basis points around the symmetric corridor and also reduced Cash Reserve Requirement (CRR) from 31 per cent to 25 per cent to reflate banking sector liquidity.

WAHALA! MOGBE!!

Na we dem customers go suffer am o!

PrettyHausaGirl:
Just because you clubbed on a Friday doesn't mean you can't wholeheartedly serve God on a sunday.

Proudly #KhristEmbassi!!!!
God is Love, Love is God #loveword rocks

It depends o!

Ehem (Cough) WHAT DID U DO when clubbin?!

scofield33:
The slot for a Digital marketer and Content Writers based in Lagos is still available.

I can be both a content writer and a Digital Marketer. However, I am based in Abuja.

I am into SEO and Pay Per Click Advertising. Please check the following to confirm:

https://www.nairaland.com/2686122/nigeria-website-alternative-just-n3000

This suggests I have a knowledge of SEO.

Other confirmations of my abilities will be subject to my knowing who i am dealing with ie phone, email etc

We know where to place links to your profile!

Yobo would have contributed more for Nigeria at Right Back. He started his career in midfield!

Taribo will be a bit slow, but Oboabona and Lawal must cover for Taiwo when he bursts forward!

4 -2-3-1 Formation


Nigerian Soccer, like Brazilian Soccer, has an offensive bias. Unlike the Ghanians, we are not so strong in defence, so you want to have more defensive players to ensure we don't concede more than we score!

.........................Obafemi Martins

Ahmed Musa.............Okocha..............Odemwingie

..................Garba Lawal.......Ogenyi Onazi

Taiye Taiwo......Taribo..Oboabona......Yobo

.............................Enyeama.


Points.

Reserves will come later!

Modified Team Below, with Rational!

divinehand2003:
Too bad; so this is how the special and only one ends?

Either way, he loses NOTHING!!

He has won a league title every where he managed!

He has 2 Champions league titles!

It will be a long term mistake to sack him!

One very bad season only makes him human!!

HATERS KEEP OFF!!

obontami:
[size=22pt]CHELSEA FANS BE LIKE



MOKU MOGBE MODARAN




MAY I SUPPORT ARSENAL FC TILL I THE LAST DROP OF SPERM IN MY PENISSS



CLICK LIKE IF YOU THINK CHELSEA FC WILL BE RELEGATED AND ARSENAL FC WILL BE CROWN CHAMPION OF EPL THIS SEASON[/size]

Deceive yuasef!!

Because we give una Check, the check don clear dey help una now, no respect again abi?

Also check: https://www.nairaland.com/2705281/people-scooping-fuel-fallen-tanker

No poverty in Nigeria?!

Buhari you get work o!

BS and BS again. It's only in our country local coaches MUST accept delayed salaries?

Can they try that with a Capello or Hiddink?

Local coaches must begin to boycott NFF if they want any respect!

How much do they pay them sef?!

odinese:
Ain't promoting sh!t!
Everybody knows Adele...I didn't post it for everyone.

Oh Adele. Almost forgot! I adore her voice! SHE IS A P H E N O M E N O N! I actually mistook it for a new Nigerian act!

But then again, respect the mood of the thread!

odinese:
.sh!t happens..


Hey guys pls download this great song "Adele - hello" you ain't gonna regret listening to this great vocal...

Search on Google.

Adele has a very wonderful voice.

Sick.!!!

Using a thread about somebody's almost lost life to promote a song?

Price could increase!

Might go up soon!

bushdoc9919:
So get our economy off oil Buhari.

After all, it is because we are sooooooo dependent on oil that we are in the state we are in.

If every state,including oil producing states, evolved an economic plan that would enable them develop industries based on what they have in their states, within ten years we would be off oil and we would be on the way to becoming a developed nation.

Until Nigerians stop thinking that oil would save us.....especially now that oil price is falling, and America is almost self sufficient in oil.....we will forever remain backward, together or apart. And when the oil runs out.....we will be back to the stone age.

Nigerians, oil is a curse. It can never be a blessing.....something that prevents you from using your hands to make the things that you waste money importing.....making millions jobless.

MODIFIED: Here is what needs to be done

1)Remove all subsides

2)End corruption. Recover all stolen monies.....even going back to 1960 if need be

3).Savings, savings.

4)Spend money on power, mass transport, and education/science and tech.

Sensible comment devoid of tribal tuberculosis!

KUDOES TO YOU!

Arabs999:
...My guy, small small; it is not by quarrel.

Sorry o! If u know the wahala some Nairalanders give me on my threads ehn?!

But actually it looks good sha!