Akerewe:


Av tried doing that but i was ask to fill an indemnity form which i didnt agree to but i will look into it these days because no time to be visiting the branch. thanks

Yes that is their required process. You will even need a witness for the form. At the end of the day, you will have to way your options and make a decision you will standby.

emmanuelewumi:



But must be approved by CBN, whether it is a private or a listed bank.

That’s CBN’s role. To provide regulatory approval. I mentioned it earlier. CBN does not participate in the process until it is approached to approve the winning bidder. Did you hear in the news that one of the other banks you mentioned bid higher than Titan but was not approved by CBN?

Please let’s stop spreading these conspiracy theories. Clearly the Bank is backed by ex Zenith people but the fact remains that they got it because their bid was the highest. Not because Emefiele bullied Atlas Mara and Rothschild to sell the shares to his friends.

Key question should be how did they get the cash to be the highest bidder?

Lazyyouth4u:


That’s CBN’s role. To provide regulatory approval. I mentioned it earlier. CBN does not participate in the process until it is approached to approve the winning bidder. Did you hear in the news that one of the other banks you mentioned bid higher than Titan but was not approved by CBN?

Please let’s stop spreading these conspiracy theories. Clearly the Bank is backed by ex Zenith people but the fact remains that they got it because their bid was the highest. Not because Emefiele bullied Atlas Mara and Rothschild to sell the shares to his friends.

Key question should be how did they get the cash to be the highest bidder?

As a matter of fact the purchase price was not made public.



During the unbundling of PHCN the winners were not the most qualified, highest bidder and those with the financial muscle.

Hopefully TItan will buy out retail investors at the price offered to the core investor of Union Bank

emmanuelewumi:




As a matter of fact the purchase price was not made public.



During the unbundling of PHCN the winners were not the most qualified, highest bidder and those with the financial muscle.

Hopefully TItan will buy out retail investors at the price offered to the core investor of Union Bank

The more you try to argue, the more you show you do not know how this process works. How can you compare the unbundling of PHCN assets by FGN to a private equity firm’s sale of its shares in Union Bank?

In a private sale, the parties do not have to provide details of the transaction to the public.

Please I beg you to stop trying to argue what you have no experience in. Stick to the stock market that you know. Merry Xmas!!

Oga Emma,you get time.You should have realized all this time that this ashi always want to engage you in argument to make her look relevant or sounds like someone productively engaged beside social media.We have been exposed and know that the regulatory body calls the shot in big matters like this.And some people interest must be protected or represented
Please stop making her get noticed which is all she wants.How can a nobody want to take over a bank of such existence.Why is cbn still holding on to unity bank

Biafran4life:
Oga Emma,you get time.You should have realized all this time that this ashi always want to engage you in argument to make her look relevant or sounds like someone productively engaged beside social media.We have been exposed and know that the regulatory body calls the shot in big matters like this.And some people interest must be protected or represented
Please stop making her get noticed which is all she wants.How can a nobody want to take over a bank of such existence.Why is cbn still holding on to unity bank

When an illiterate doesn’t have anything to use against a more intelligent person, his default is to call that person ashi which his mother was before she died a very painful death of HIV….

Lazyyouth4u:


When an illiterate doesn’t have anything to use against a more intelligent person, his default is to call that person ashi which his mother was before she died a very painful death of HIV….

Intelli gini?

An intelligent person won't be surviving by hookup.

OgogoroFreak:
Intelli gini?

An intelligent person won't be survivig by hookup.

No wonder your dirty unintelligent mother died of HIV and passed the HIV family business to you

Merry Christmas

Biafran4life:
Oga Emma,you get time.You should have realized all this time that this ashi always want to engage you in argument to make her look relevant or sounds like someone productively engaged beside social media.We have been exposed and know that the regulatory body calls the shot in big matters like this.And some people interest must be protected or represented
Please stop making her get noticed which is all she wants.How can a nobody want to take over a bank of such existence.Why is cbn still holding on to unity bank

A bi oo.

The seller and buyer must get the permission or approval.

The seller wants the highest price, but it is the buyer that needs to be careful. Even if you want to pay the highest price for the acquisition and it is not approved by CBN, you have to back down.

After such acquisition the license of the bank can be withdrawn by CBN. Most of the top bankers have skeletons in their cupboard and CBN can make it public at the right time.

Otudeko that was recently shown the way out, ought to have been sacked from the board of First Bank more than 20 years ago. We all know how First Bank lost $100 million about 20 years ago in the Investor International Limited acquisition of NITEL. And he was involved in the deal.

Rather First Bank sacked the CEO of First Bank ie Bernard Longer, but other board members who approved the loan which included Otudeko were left alone.

Zenith Bank and Access Bank had been in discussion with Union Bank for months. But from no where, without any clue Titan became the buyer.

Jim Ovia started his banking career at Union Bank Oba Akran branch Ikeja in 1971. Succeess is the best form of revenge. It had always been his plan to buy the company he once worked for. Jim Ovia won't mind paying a huge premium for the acquisition of Union Bank

Wole Oshin started his career at Crusader Insurance. His greatest achievement was when his company Custodian Insurance bought Crusader Insurance and he Wole became the oga of his former bosses.

Una nor dey tire sha..

This is wishing you and your lovely families a graceful and peaceful Christmas and New Year celebrations. ���

OgogoroFreak:
Intelli gini?

An intelligent person won't be survivig by hookup.

How do you know the gender behind the moniker? If indeed Lazyyouth4u was a lady I did be very impressed. I have been here on this forum quite a while and I can count howmanay ladies with such insights and confidence. To be honest zero.

I hope she fine too.

emmanuelewumi:



A bi oo.

The seller and buyer must get the permission or approval.

The seller wants the highest price, but it is the buyer that needs to be careful. Even if you want to pay the highest price for the acquisition and it is not approved by CBN, you have to back down.

After such acquisition the license of the bank can be withdrawn by CBN. Most of the top bankers have skeletons in their cupboard and CBN can make it public at the right time.

Otudeko that was recently shown the way out, ought to have been sacked from the board of First Bank more than 20 years ago. We all know how First Bank lost $100 million about 20 years ago in the Investor International Limited acquisition of NITEL. And he was involved in the deal.

Rather First Bank sacked the CEO of First Bank ie Bernard Longer, but other board members who approved the loan which included Otudeko were left alone.

Zenith Bank and Access Bank had been in discussion with Union Bank for months. But from no where, without any clue Titan became the buyer.

Jim Ovia started his banking career at Union Bank Oba Akran branch Ikeja in 1971. Succeess is the best firm revenger. It had always been his plan to buy the company he once worked for.

Wole Oshin started his career at Crusader Insurance. His greatest achievement is when his company Custodian Insurance bought Crusader Insurance and he Wole became the oga of his former bosses.

You are well read and informed. You sound like my Pops and his friends back in the day, before the Internet era. Always discussing politics, quoting dates and historical events leaving me wondering how they came to know all these things.

Not for me sha, I have a very poor memory for dates and long facts. I like calculus and math better.

ositadima1:


How do you know the gender behind the moniker? If indeed Lazyyouth4u was a lady I did be very impressed. I have been here on this forum quite a while and I can count howmanay ladies with such insights and confidence. To be honest zero.

I hope she fine too.

Well, Beauty they say is in the eyes of the beholder.

Na she be this. She's a "spec", walahi!

OgogoroFreak:
Well, Beauty they say is in the eyes of the beholder.

Haa, appart from the hairy chest, the lady in d pix looks like Mona Lisa.

ositadima1:


Haa, appart from the hairy chest, the lady in d pix looks like Mona Lisa.

Yes, o.

If you even look more closely sef, she looks more like Omotola and genevieve in one with a touch of Tems.

Here we go again
Nigeria’s N250 billion Sukuk Bond oversubscribed by 346%
https://nairametrics.com/2021/12/25/nigerias-sukuk-bond-oversubscribed-by-246/

Oga Emma and Lazyyouth4u are almost saying the same thing from different perspective. The acquisition of Union Bank by Titan Bank is like the voice of Jacob and the hand of Esau.

Merry Christmas to you all.

OgogoroFreak:
Well, Beauty they say is in the eyes of the beholder.

Na she be this. She's a "spec", walahi!

You are just a clown. Merry Xmas!

Enjoy spending your audio bitcoin billions today……In your dreams

Donbrig:
Oga Emma and Lazyyouth4you are almost saying the same thing from different perspective. The acquisition of Union Bank by Titan Bank is like the voice of Jacob and the hand of Esau.

Merry Christmas to you all.

If you have done government contracts in Nigeria AND/OR are close to the political class, you will understand Emma

As far as these kinds of deals are concerned, there are two kinds of people in Nigeria:

1. those who actually control things but do not wish to be publicly associated with the things they control and

2. those who have the illusion of control over things but are merely permitted to look like they control things to the masses on behalf of the first class that have actual control

Go figure.

emmanuelewumi:



[s]A bi oo.

The seller and buyer must get the permission or approval.

The seller wants the highest price, but it is the buyer that needs to be careful. Even if you want to pay the highest price for the acquisition and it is not approved by CBN, you have to back down.[/s]

[s]After such acquisition the license of the bank can be withdrawn by CBN. Most of the top bankers have skeletons in their cupboard and CBN can make it public at the right time.[/s]

[s]Otudeko that was recently shown the way out, ought to have been sacked from the board of First Bank more than 20 years ago. We all know how First Bank lost $100 million about 20 years ago in the Investor International Limited acquisition of NITEL. And he was involved in the deal.[/s]

[s]Rather First Bank sacked the CEO of First Bank ie Bernard Longer, but other board members who approved the loan which included Otudeko were left alone.
[/s]
[s]Zenith Bank and Access Bank had been in discussion with Union Bank for months. But from no where, without any clue Titan became the buyer.
[/s]

[s]Jim Ovia started his banking career at Union Bank Oba Akron branch .[/s]

Oga please just stop abeg. Did you hear that any bank’s bid was higher than Titan Bank’s bid but approval was rejected by CBN?

Titan Bank won because it’s bid was the highest. Who is funding them? We do not know.

Please stop this beer parlour conspiracy theories jor. You are more educated than that.

Merry Xmas!

Lazyyouth4u:


Oga please just stop abeg. Did you hear that any bank’s bid was higher than Titan Bank’s bid but approval was rejected by CBN? Please stop this beer parlour conspiracy theories jor. You are more educated than that.

Merry Xmas!

I never quoted you, did I?


Enjoy your Christmas

FEGEITOK:


[s]If you have done government contracts in Nigeria AND/OR are close to the political class, you will understand Emma

As far as these kinds of deals are concerned, there are two kinds of people in Nigeria:[/s]

[s]1. those who actually control things but do not wish to be publicly associated with the things they control and

2. those who have the illusion of control over things but are merely permitted to look like they control things to the masses on behalf of the first class that have actual control [/s]

Go figure.

Who be this one wey dey talk about government contracts? Stop talking nonesense on Xmas day. Union Bank is not owned by the government but by private investors.

Atlas Mara and other shareholders privately sold their shares to Titan Bank who was the highest bidder. CBN approved.

You are never too old to learn….

Na so una wan argue enter New Year. Una no get happy home?

Donbrig:
Oga Emma and Lazyyouth4you are almost saying the same thing from different perspective. The acquisition of Union Bank by Titan Bank is like the voice of Jacob and the hand of Esau.

Merry Christmas to you all.

Who is Jacob? Who is Esau?

Olaide1295:
Here we go again
Nigeria’s N250 billion Sukuk Bond oversubscribed by 346%
https://nairametrics.com/2021/12/25/nigerias-sukuk-bond-oversubscribed-by-246/

Fixed income should look up in 2022, either through capital appreciation or better coupons and yield

Bro, these are not arguments, but financial/bank delibrations, as it affects our economy and individuals.

Tobex4realTobex234:
Na so una wan argue enter New Year. Una no get happy home?

Tobex4realTobex234:
This same thing happened to online degrees. Some old school Professors will say that online degrees are not verifiable until Covid happened and students had to lose over a year of their study time.

I am currently doing my Masters online in one of the top 50 schools in the world. It would have been impossible for me to fund this if I have to leave my job and relocate to the physical university.

Yet even in 2021, some deadbeats still argue that online learning is scam.

What matters is not if you're taking your program via Coursera or edX, these platforms don't need any accreditation, what matters is the actual university you're studying with. We go soon enter 2022, and some people are still stuck in 1950

Oga, most online degress have no credence.

Again, not all courses can be taken online.

More information about Titan.

We shall still know the face of the group.

How much did TGI group pay as taxes in 2021

Concerning the Sukuk, too much liquidity in the system over N800 billion raised within 5 days. Mind you MTN also raised over N100 billion few days before the Sukuk offer.

How come some businesses are complaining of funding or capital

.

ositadima1:


It depends on what you want to do with the knowledge you seek.

We commit many logical blunders like the one you committed above. When there are a bunch of reasons for an event we tend to pick the one we like most and dispose d rest. There is a name for this fallacy but I can't remember it now.

Why more people should take these courses, most are even for free. Imagine learning quality materials from top Unis.

Beside looking for a job there are many other reasons why some may want to pursue an education, here a few:

A. Be self employed, start a company.

B. Sharpen or aquire skill they can use in their job

C. Understand the world better.

D. Brushup or update on one's skills

You indited utter balderdash. Did I in anyway dismiss knowledge gained therefrom or other values that could stem from such?


I only commented on one aspect which is credence.

Even Open uni here that is mainly offline still has credence issues despite the backing of federal government etc.

Till date their law graduates have yet to attend law school with others in a normal way.