But can we please limit our discuss here to tbills? Do we have a moderator? This is over four pages of same unrelated discussions. Please let's stop, we are all adults.

vacanci:


Advice no be fight. You sounded rude. We are all learning from each other here. For me, I will take the advice to do short term Like putting my funds in a mutual fund until rates start getting friendly. This way, my money is still growing while it's waiting to be watered by sprinklers

The thing just tire me......@unitr4real made a valid point cos I have been holding my breath with mutual funds and waiting to hear the good news about rates climbing.

Some people just shaa....

Anyways

I'll wait until June if nothing happens I will just have to lock up on 364days tenure cos I need bulk money for an investment.

any rate from Stanbic?

WHAT DID GTBANK NOT GET RIGHT?

1. Good Brand Positioning Vs. Sharp Business Practice

GTBank has spent millions naira on its being a customer-friendly bank driven by technology and strong values for the upwardly mobile. Although the bank had sustained its brand positioning for decades, it took one customer to bring it to rubble by proving that while, indeed, the bank may be strong on tech and offered great service for the upwardly mobile, it lacked considerable business values and ethics. It doesn’t matter whether the bank unlawfully deducted one kobo or half a billion, as claimed in this particular case. What matters is that its brand positioning runs in conflict with its business ethics and practice. With one bad case, a probe may be set in motion for several thousand cases that may have evaded the radar based on the trust placed by customers on the GTBank brand.

2. Refusal to count its losses sooner

Given that GTBank is said to have accepted liability for unlawful deduction to the tune of N550m, which contradicted its espoused values, it amounted to further injury on its brand, that it didn’t settle for the same interest value as it employed in dealing with its customer(s).

For insisting on less than its own interest value and allowing the issue go protracted and getting to court, GTBank presented itself as a shylock lurking on its customers and without regard for business ethics, values or even its own reputation.

Had GTBank counted its losses sooner and dealt fairly with its customer(s), having acknowledged its culpability on the issue by choosing to repay over half a billion naira of unlawful deductions, it would have saved itself the damage of a legal tussle and its currently impaired reputation, not to mention its loss of business.

3. Impervious Silence

The raging storm against GTBank has either not affected its fortune or means anything to its reputation, in spite of the chocking degree of effluvium that it reeks of. That, perhaps, can only be the reason the bank has kept mute on the issue. Nothing will happen. Nothing can go wrong. It is this same attitude of other major Corporate Failures in the past that believed they were too big to fail before they ended up being catastrophic collapses and gargantuan embarrassments.

It is shocking that more than 24 hours after the arrest (and release) of Innoson’s CEO, at the alleged behest of GTBank based on claims by Innoson Motors, the bank is not at the fore addressing issues in a crisis that is not only taking a regional but national dimension.

What GTBank’s silence, in the face of the raging crisis, reveals is that it has no crisis communications strategy in place beyond the fancy and beauty of its violated brand. That it is doing nothing about the issues is as good as doing the wrong things and it’s bound to end up badly due to the up-scaling loss of confidence in its brand.

If the perception is that GTBank rips off its customers through sharp business practices, silence cannot help the brand’s fortune. It must wake up now.

The Implications

The current and future implications of GTBank’s actions, which reasonably pass for a breach of customers’ trust on the brand, are many. In the interim, many more customers will request an audit of their accounts with the bank. If the same principle the bank employed in dealing with Innoson Motors is its policy, which is easy to believe to be true, the bank stands to have much more trouble in its hands than the N400 billion suit it is currently facing in court. If that becomes the case, on a grand scale, it can kiss itself goodbye.

ahiboilandgas:
I think the main money man in the east is athur eze? In billion of dollars but this can't be compared to number of companies controlled through shares by the Yorubas on the Nigeria stock exchange..i don't know if am making sense ....example 50000 ibo traders hard working with capital of 10m each that amount to 500 bn naira around 1.4 bn dollars but folashade alakija is worst 2.5 bn dollars that over 900 bn naira ....meaning over 90000 traders with 10 m capital will be equal to her (MAIN CASH)if she treaten to leave gtb they will be scared

How did you come up with the 10mil estimate, do you think 10 mil is money? Go and find out the worth of a container of goods.

if you think all Ibos are traders, then you don't know nothing my friend. I suggest you stop displaying you ignorance here and stick to the topic.

ositadima1:


How did you come up with the 10mil estimate, do you think 10 mil is money? Go and find out the worth of a container of goods.

if you think all Ibos are traders, then you don't know nothing my friend. I suggest you stop displaying you ignorance here and stick to the topic.

I no get strengths.....only 10 percent of account in Nigeria have 500 k and above according to ndic....where u get u own from?

ahiboilandgas:
I no get strengths.....only 10 percent of account in Nigeria have 500 k and above according to ndic....where u get u own from?

Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

ositadima1:


Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

Sometimes I wonder how much tax all these guys pay. FIRS ought to have a dedicated desk to access these guys tax profile yearly.

ositadima1:


Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

I no get strength....wethin concern South east to South South?

Me am working hard to be on the list....are u on the list ?

ahiboilandgas:
I no get strength....wethin concern South east to South South?

I beg you alll please stop these abi all these argument brings money?

ahiboilandgas:
I no get strength....wethin concern South east to South South?

You are now asking me, if you ask me na who I go ask? I thought you said Yorubas and Northerners have all the money.

aremso:
any rate from Stanbic?

31days ____9.25%
192days ___12.25%
326days ____12.20%

ositadima1:


You are now asking me, if you ask me na who I go ask? I thought you said Yorubas and Northerners have all the money.

ok list their wort all South South and South east billionaires on the list let sub from dangote wort and let see the balance

hollerbaby:



31days ____9.25%
192days ___12.25%
326days ____12.20%

thanks, my banker from stanbic just sent same to me, my sis in eco bank tried to get 12.85% for 191days but i want 240days may be i will go for it

ositadima1:


Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

Can you please add their NET worth?
Thanks, Man!

ositadima1:


Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

How come my own name no dey this list?. Ohhhh, I forgot. I be silent Billionaire.

ositadima1:


Forbes 2019 top 20 richest Nigerians

1. Alikote Dangote
2. Mike Adenuga
3. Femi Otedola
4. Folorunsho Alabija
5. Theophilus Danjuma
6. Abdusalam Rabiu
7. Tony Elumelu
8. Orji Uzor Kalu
9. Jim Ovia
10. Oba Otudeko
11. Arthur Eze
12. Cletus Ibeto
13. Benedict Peters
14. Igho Sanomi
15. ABC Orjiako
16. Bode Akindele
17. Emmanuel Ojei
18. Mohammed Indimi
19. Tunde Folawiyo
20. Hakeem Belo-Osagie

Ok, now tell me how many SS and SE are on this list? Is it one or two according to you?

Boss. This will just create more tribal divide and arguments here. The truth is we can never know conclusively. Forget all this forbes list, there are rich people who are not on that list.

faoogoke:

Sometimes I wonder how much tax all these guys pay. FIRS ought to have a dedicated desk to access these guys tax profile yearly.

The fact they are on Forbes actually means they pay their taxes to the T. I don't know why we are too anti-rich people, anti-corporations in Nigeria. We need this people, their businesses and corporations.

NL1960:


How come my own name no dey this list?. Ohhhh, I forgot. I be silent Billionaire.

Lol! Boss, can I follow you to your Kingdom?

GonFreecss1:


Boss. This will just create more tribal divide and arguments here. The truth is we can never know conclusively. Forget all this forbes list, there are rich people who are not on that list.

let us strive to have our own wealth

Hi everyone,truth be told I don't like begging or soliciting for funds but I am currently at my wits end. I am a final year student of mechanical engineering in Michael okpara university of agriculture,abia state. I currently have money problems as I need 16000naira to start my project work. I am not a lazy person as I work but I just used my salary for this month to settle my school fees and accommodation issues and my project supervisor is currently on my neck to start something. I really need help from people here urgently,i am the one taking care of my feeding and other miscellaneous expenses but truth be told it is weighing me down. Please I just need the assistance and I would be grateful. 0038098555 diamond bank. Thanks

hollerbaby:



31days ____9.25%
192days ___12.25%
326days ____12.20%

This is better than beginning of last month. 9.25% for a month.... if you ask me, I will take that.

T-Bills Stop Rates to Further Crash on Sustained Buy Pressure
https://businesspost.ng/2019/04/01/t-bills-stop-rates-to-further-crash-on-sustained-buy-pressure/

Some people dey here dey argue about other people billions
As OUK na my towns man, how that one take put a slice of him billions for my pockets. ... All man for himself, God for us all. Abeg make una focus for T.bills

eagleeye2:
Some people dey here dey argue about other people billions
As OUK na my towns man, how that one take put a slice of him billions for my pockets. ... All man for himself, God for us all. Abeg make una focus for T.bills

Please tell them ooh.....

If only we can channel the argument and resources into making more money.

Zinny18:
Should we withdraw our money and TB from GTB. I don't really understand what's up with them oo

“WHAT DOES THE COURT RULING MEAN FOR THE REST OF US?

First of all, your money is safe. A Writ of Fi Fa prohibits the bailiff from seizing the goods of third parties. Account holders with GTBank are the third parties in this context, and their monies are the goods in question. Neither the court nor the bailiff can touch the money in your account towards offsetting the judgment debt. Apart from this, all monies deposited with Nigerian banks are insured by the Nigerian Deposit Insurance Corporation (NDIC). In other words, even if GTBank or any other bank was undergoing a hostile takeover, being acquired, merged or winding up, your money would still be safe and retrievable.

Except if the bank itself wishes to make any changes, the court ruling does not impact the management of the bank. Innoson Motors also does not own any part of GTBank by virtue of the court ruling. Cast aside the memes and blog headlines you’ve been seeing. GTBank profit after tax for the financial year ending December 2017 was up to the tune of N170 billion. The bank donated up to N870 million for charitable causes in same period. It would take more than a N8.7 billion debt to ground the bank, or render it incapable of dispensing its services. It might lose some of its physical assets such as bank branches and the equipment therein towards offsetting the judgment debt, but that is as far as the judgment goes.” Excerpt from Innoson Motors v. GTBank: What the Recent Supreme Court really means for lawyers, customers, and the general public by Akintunde Agunbiade | Apr 1, 2019 | on Lawyard.ng

Last time I checked, U.S. Embassy in Nigeria is still using Gtbank for payment of visa fees.

Please do well to keep yourself informed. Don’t create unnecessary panic for yourself and for others. I hope this helps you. God bless.

Bidding this week. Lock in ur investment now.

Good Morning all

My name is Adugbo Gerald and I'm a relationship manager with Shalom Mfb

I'm available at anytime to take your enquiry on loans and other finances that may be useful to You

Our interest rate is among the best You can find in the industry





I can be reached via gerald.adugbo@shalommfb.com

Or 08159672350 : WhatsApp/calls

Lagos only

hollerbaby:



31days ____9.25%
192days ___12.25%
326days ____12.20%

Hmmm. Is this not secondary market? Stanbic dey try ooo. Rates are basically the same with the primary rate.

gmacnoms:
Good Morning all

My name is Adugbo Gerald and I'm a relationship manager with Shalom Mfb

I'm available at anytime to take your enquiry on loans and other finances that may be useful to You

Our interest rate is among the best You can find in the industry





I can be reached via gerald.adugbo@shalommfb.com

Or 08159672350 : WhatsApp/calls

Lagos only

Na waooo, greeting good morning around 4pm shows how illegitimate this Shalom Mfb might be. Abeg make una pity Nigerians nowww, people are suffering enough already, trying to swindle their peanuts is worse than murder.

ahiboilandgas:
if gtb is found guilty of crime they should pay up and if innosa if found guilty of document fraud he should be sentence ....u people brought ibo people pulling off there money like say na only ibos get money when in real term most huge capital is owned by northerners and westerners....ibo hold the largest middle income group and this income is generated from other region north and west....

Bro, i totally disagree with you on this one. If your analysis were right, BIAFRA would have been in existence since 1970. which income does northerners and westerners generate in Nigerate. aside lagos, where else does westerners generate money. even the lagos self are being controlled with the same igbo money. abeg make we leave this arguement. i no be igbo shaaaa, but truth must be told