NewStats: 3,259,387 , 8,169,968 topics. Date: Saturday, 24 May 2025 at 08:26 PM 4q373r6z3e3g |
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asala1: 35 million barrels daily In Nigeria? It's 35m Litres not barrels 2 Likes |
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36STATES:Hello, Yes I can assist you with this. I work with Revit and Autocad to produce 2D and 3D architectural designs. Kindly me via whatsapp or call or you can drop your and I'll reach out to you. +234-8062528467 Best Regards |
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36STATES:Hello, Yes I can assist you with this. I work with Revit and Autocad to produce 2D and 3D architectural designs. Kindly me via whatsapp or call or you can drop your and I'll reach out to you. +234-8062528467 Best Regards |
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36STATES:Hello, Yes I can assist you with this. I work with Revit and Autocad to produce 2D and 3D architectural designs. Kindly me via whatsapp or call or you can drop your and I'll reach out to you. +234-8062528467 Best Regards |
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36STATES: Hello, Yes I can assist you with this. I work with Revit and Autocad to produce 2D and 3D architectural designs. Kindly me via whatsapp or call or you can drop your and I'll reach out to you. +234-8062528467 Best Regards |
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OkoEmm: |
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OkoEmm: |
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Believeintruth: Lowering the loan to deposit ratio is not meant to encourage people to take loans. Its only meant to reduce pressure on banks to issue loans usikg customers deposits. Because the banks top management are thinking in this way. "CBN increasing interest rates discourages our customers from taking loans from us(the banks). Yet the same CBN wants us to achieve 65% loan to deposit ratio otherwise we get penalised." So in return, CBN says let's take a little pressure of you and reduce the ratio to 50%. But be rest assured, that once interest rates and inflation reduces, the loan to deposit ratio has to increase to align with the so called "1 trillion dollar Nigerian economy they want to achieve as well as the 500 billion naira bank recapitalisation agenda" |
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Adaiobanyi1: If I send you 100k today to your zenith bank from my Uba . Zenith bank is meant to loan out 65% of that 100k. That's basically what loan to deposit ratio is. So imagine if zenith bank receives total customer deposits of 1 trillion naira in a year, cbn mandates them to loan out 65% of that money. You know customer deposits appears as liabilities on a bank balance sheet while bank loans appears as assets on their balanced sheet During Emefieles era, banks were penalised for not meeting the target. Basically a high loan to deposit ratio helps to stimulate lending to the "real economy". But right now, inflation is at 30%, interest rates are so high which basically discourages customers from borrowing loans, hence the reason for the CBN directive. 9 Likes 1 Share |
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tuoyoojo: Typically, It can cost from $700k to $5m per km depending on the type of road. |
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obedience4: America's military spending per annum is $800 billion. The next is China at $200 billion. Russia, Iran and the rest tail behind Everybody should avoid getting into a conflict with USA. They are war hungry I come in peace. 1 Like 1 Share |
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God1000: America's military spending per annum is $800 billion. The next is China at $200 billion. Russia, Iran and the rest tail behind Everybody should avoid getting into a conflict with USA. They are war hungry I come in peace. 2 Likes 1 Share |
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jiz: Don't mind them. Opay is valued at $2b because it got funding of $200m or so from some new investors. It's an overvalued bank.many flntech companies are uslually overvalued. That's the strategy for investors in venture capital industry to cash out in the long term. 1 Like 1 Share |
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KnownUnknown: Just to add to what you've said. The majority shareholder in Julius Berger for the past few years is Adenuga of Globacom. Its publicly available informaiion. Julius Berger is technically a Nigerian Company now The building is sha ugly and APC is a failure btw |
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christejames: The Nairalander member CapitalLens that made this post is part of Wikes paid media team. Check all his posts. Wike has a very proactive media team,that's why he is always in our faces. 2 Likes 1 Share |
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OkoEmm: |
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God1000: It's actually the other way round. China has purchased $800b of US securities which means US is owning China. The write up is a bit flawed |
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God1000: Just to add to what you have said. There are even more Muslims in Israel than Chhristians. 18% of Israelis are Muslims. I come in peace |
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Murf: "Rehabilitated ex militants from Niger Delta" But there's so much fraud with the program. Ghost beneficiaries and diversion of funds. 11 Likes 2 Shares |
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With all due respect, the poster of this article is a paid employee of Wikes Media Team. You can check his profile.
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OkoEmm: |
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OkoEmm: |
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OkoEmm: |
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Our services are still available
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Our services are still available
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Our services are still available
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obawinner: All prices and commodities whether it's produced in Nigeria or not is influenced and pegged to the dolllar. |
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