NewStats: 3,264,977 , 8,185,251 topics. Date: Friday, 13 June 2025 at 02:23 AM n3t3y

Guestmale:


By charging it's customers outrageous charges.

You can neither reason nor argue logically. You either lost trail of thoughts or never even understood. I cannot help you much.

nairalanda1:


It is very logical. Banks will do well, even when the economy is bad, because 1) there are opportunities for them in a bad economy 2) they operate...at least the good ones....under very careful rules and regulations 3) maybe insurance 4) Reforms from 1994-2007 essentially meant that you could not just go and open a bank without capital. 5) people in this country love to save their money, and most employers pay salaries through the banks.

First bank, Union Bank and old UBA did well in the SAP era , while most factories and businesses closed down (this was the time when people were complaining that factories and warehouses, at least in the Lagos area, were becoming churches) and car production at PAN kaduna went down from 200 cars a day in 1981 to less than 30 by 1995.

The real mark of an economy is its productivity. You guys are not asking your leaders why your government is not developing an economy that is, going to y'know....produce stuff that the world needs.

Don't tell me tinubu is doing something. He is doing what his predecessors did. He is not making the hard decisions.

The money in the banks where does it come from? From the air?

If the monies in the banks are not lent out where will the banks make money from?

Will companies borrow if they have no need for the money? How will they repay? I can go on and on.

Infact any BABY banker, ant and economist that reads this your submission will not bother to reply. They will just waka because it makes no economic sense.

Brendaniel:


Of course to only those who use tribalism and religious bias to judge everything...

No, to those that use finance and economics to judge everything.

bluebay:
Can someone shut this talkative up?

No.
Counter his claims with a superior facts.

That is how intelligent people talk

Tayorshd87:



Guy you don lie here...

Am a civil servant my minimum wage now can buy 1 and half bag of rice 🍚🌾

Kiss d truth 📌📌

1 and half bag of rice at N70k translates to 1 bag of rice at approx. N46, 700.

Where in Nigeria is a bag of rice being sold for N46, 700?

favouritecandy:
My question to Mr Obi is this: If President Tinubu has destroyed the economy, how come a bank in which you have substantial shares (about 10%) and were its former Chairman of the Board?


Omo this is thought provoking

There is nothing thought provoking here. The economy is not measured on if a business Obi has shares in did well. The economy is based on overall output, GDP, strength of Naira to Dollar, exports etc

For Reno Omokri to base the Nigerian economy on if a bank did well is one of the most daft things I have heard in my life

Vision101:

The money in the banks where does it come from? From the air?

If the monies in the banks are not lent out where will the banks make money from?

Will companies borrow if they have no need for the money? How will they repay? I can go on and on.

Infact any BABY banker, ant and economist that reads this your submission will not bother to reply. They will just waka because it makes no economic sense.

By now, I expect anyone at least two weeks old on Nairaland to have a list of people or commenters to just ignore and not respond to their comments.

I can help you with a list.

Ijaya123:


From your submission, other companies that failed was due to lack of competent manager and not because of Tinubu's policies.

Feel free to make that assumption by yourself, but don't try to tie me to it.

All I said was that if a plane suffers dual engine failure mid-air, it takes massive pilot skills, experience and luck to safely bring the aircraft down. However, it would be idiotic of anyone to suggest that since the plane landed safely, then it automatically means there was no engine failure. Comprende?

Did Mr. Man invest in part ownership of this platform? I see 2-3 of his utterances on the FP of NL almost everyday.

zero8zero:
Stop lying, His Next supermarket was shut down by the UK authorities in 2023 for lack of ability and transparency. Obi thought it was like Nigeria where he could manipulate the figures, cheat the system and get away with it. Man is a packaged fraud.

how has tinubu improved the nigerian system so that no one can cheat the system?

this is yesterdays report https://nairaland.sitesunblocked.org/8441416/federal-college-allocates-1b-streetlights#135598426

the national assembly allocated N1 billion, N1.5 billion and N3 billion for installing streetlights, electrifying communities and buying vehicles for farmers all to a school, The Federal Co-operative College, Oji River.

is that not cheating the system?

what has tinubu done about it?

will he approve the budget with such irregularities and blatant corrupt padding?

Omumukirikiri has not witnessed what is called economic development.

The Ghanaian Finance Minister has just achieved 9 cedis to 1 dollar within 4 months and his plan is to match dollar by end of year.

Peter Obi and the Ghanaian Finance Minister should help us educate Omumukirikiri about what economic development is all about.

PresidObi:


Fidelity bank and a single brewery in Anambra doesn't consist of the whole Nigerian economy!

Am so tired teaching these APC Hutchins sense.

But those are some out of many. Did you read BUA days ago? I bet no because you are always scouting negative news. If it's not Obi at the helms of affairs of this country, nothing good can come out of Nigeria.

Vision101:

No, to those that use finance and economics to judge everything.

Then why single only Peter Obi ?

9japride:
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Amongst all the politicians you know, does anyone one of them have the masses in their hearts?
Peter Obi is already made, it's the masses that have themselves to worry if they keep electing vampires.
So you expect him not to be doing well?
Imagine giving political power to someone like Reno? I wonder if they really hate the common man. He was once a minister, so he's already used to wealth. I only pity those ing him.
Abeg guys reason the quoted statement and see the mindset of those who are fighting Peter Obi.

Go and sell your story to ipob Ann's obidient, ok.

I'm not interested in your systematic political marketing for a fraudster biko.

Chucks13:


Go and sell your story to ipob Ann's obidient, ok.

I'm not interested in your systematic political marketing for a fraudster biko.

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You won't be interested because it's against your paid service.

9japride:
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You won't be interested because it's against your paid service.

That is your headache.

You go cry taya.

2031 still far away eyes go turn you wallahi.

Someone came third from election conducted 2 years ago, yet you guys cant seen to let him be.... His not even replying your rubbish accusations, yet you guys are all having sleepless night over the name Peter obi ..
Am telling you, the way you guys fear him , its like his an antivirus to APC virus

The same bank they claimed he went to Rome to beg Tinubu for.

Richtaiwo:
Peter obi can't be president, he is just deceiving himself.

You are not God ogbeni.

chipet67:

Sincerely I want to believe this

Believe!

Guyman02:
Nairaland is marketing this content creator here, every trash he says goes to FP for us to start arguing like Mumus here.
Can we start ignoring Reno Omokri here, he instigates tribalism and sectionalism in us

I agree with you.

Go and find food chop first. The same way you may never breakthrough and are just deceivingyourself.

Richtaiwo:
Peter obi can't be president, he is just deceiving himself.

What happened to your own hand?

bluebay:
Can someone shut this talkative up?

Oga why the curse, wetin we carry wetin you throw

Julius1995:
Go and find food chop first. The same way you may never breakthrough and are just deceivingyourself.

So as fidelity bank make record profit now, I fit buy fuel 350 naira tomorrow and bag of rice 25k?

Reno monkey,Obi matter go give u job,just go on with ur rant

Exgee:
This guy is so obsessed with Peter OBI.

I wonder why he hasn't paused and asked himself why OBI has never replied him for once. This shows how inconsequential he is. Reno is a butterfly who thinks himself a Bird.

Obi can never reply him because Reno talking truth with facts evidence. He knows angle to knock Obi hence Obi can never reply him.

If u want to know, let Reno mistakenly state a falsehood accusation, Obi will use 3 pages to counter him in lesser than 2hrs.

Brendaniel:


Then why single only Peter Obi ?

His style of opposition is opposition of condemn all and nothing is good. He used it to stir up hatred against the government by his followers irrespective of how good the actions are.

Reno just pointed out that if you condemn all policies of the government why is your business making so much that it has never made for years? This is contradiction.

Good opposition means condemn what is bad and suggest practicable alternatives and applaud what is good. Anything contrary is desperation for position.