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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6545191 Views)
Am I The Only One Whos Tired Of This Kenya Is Ahead Thread / Femi Adesina: "I Don't Lie, No Matter What"; Nigerians React / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (2) (3) (4)
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 1:58pm On Jun 13, 2019 |
If you follow - keenly - this is just oil -value chain. The rest of Nigeria you have to understand is uniform sea of poverty. You're talking a region as big as Kenya - North Nigeria - that is not any different from Niger - just fallow land or cattle - teaming with illiterate Nigerians who have never gone to school. What banking can happen in there...I mean there is some banking to follow Oil money from South to Abuja and then to 36 states..and that is about it. Salaries and pensions are not regular. Jonraid: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 1:58pm On Jun 13, 2019 |
theenchanter: Which part of 24$ billion has a far greater value than 14$ billion don't you get? A dollar is a dollar in this globalized economy. You need a new brain. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 1:58pm On Jun 13, 2019 |
Jonraid:thank u sir.... u're wise.. Now, tell gallivant to stop bothering me. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 1:58pm On Jun 13, 2019 |
Link? obaaderemi: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 1:59pm On Jun 13, 2019 |
He will Are you happy now? theenchanter: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 1:59pm On Jun 13, 2019 |
gallivant:u're right. 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:01pm On Jun 13, 2019 |
If we had banking in Northern Nigeria,Boko Haram would be breaking the money vaults every f*cking day! rvp2018: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:01pm On Jun 13, 2019 |
You have 18 banks - top 100 - has 14 - Kenya has 45 banks - they only capture 10 of them. I mean you can use data to cheat Nigerians who didn't get enough schooling but not kenyans. obaaderemi: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:02pm On Jun 13, 2019 |
And we always talk about the banking and the insurance sector.I guess they perform poorly in the insurance sector! rvp2018: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:03pm On Jun 13, 2019 |
Yes - there is nothing there - it's just islamic states without oil - Kids go to madrassa - and that end of their schooling - then they become slaves of their Emirs - the Almajiris. It's like Northern Kenya but 100M people instead of just 2-3m people. 1 Dangote - 100M almajiri beggars Jonraid: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:04pm On Jun 13, 2019 |
Don't talk insurance. Kenya is doing badly but in SSA it's only second to South Africa. Nigeria basically has non-existent insurance sector...very tiny. Jonraid: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:07pm On Jun 13, 2019 |
rvp2018:I will so deal with you this afternoon. Nigeria's biggest bank is not Nigeria's most profitable. Nigeria's most profitable bank last year was Zenith with over $600mn dollars. How does that compare with KCB's $200mn? Times 3 at least https://www.dailytrust.com.ng/zenith-banks-profit-after-tax-hits-n193bn-in-2018.html |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:08pm On Jun 13, 2019 |
rvp2018:Oga, the data is against you.Your total banking asset is less than a third of Nigeria's. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:09pm On Jun 13, 2019 |
And you wonder why they live an average of 55 years.How can you rescue lives with a shitty insurance sector? You get knocked by a car in the streets of Abeokuta and you are left alone to die in the hospital! rvp2018: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:11pm On Jun 13, 2019 |
What of the total profits in that sector? You are hiding behind the 'big banks' It looks like the other players don't contribute as much! obaaderemi: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 2:12pm On Jun 13, 2019 |
theenchanter:rvp2018, ur response to this? That's how u skip anything that's above ur brain quality, too much talk with less content is ur refuge. At least u wont calculate economics like u calculate d soup money u give to ur wife. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:12pm On Jun 13, 2019 |
Jonraid:Still more than yours. Isn't it? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:12pm On Jun 13, 2019 |
As long as you don't ban me I am okay with facts. 600M is what I would expect from Zenith bank. KCB made 250M (round off) - that about 2.5 times more to Zenith. Like I told you GDP ought to be around there 2-2.5 times. obaaderemi: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:13pm On Jun 13, 2019 |
I thought I didn't have to dignify such a nonsense with a response. theenchanter: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:13pm On Jun 13, 2019 |
theenchanter:It's above his head.He can only bamboozle his fellow Kenyans. 2 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:15pm On Jun 13, 2019 |
rvp2018:It's no longer $200mn. If I round Zenith's profit too,it's more than $600mn Nobody is banning you. You are looking for an excuse to run away again. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:16pm On Jun 13, 2019 |
When did that change. Last I checked it was 40 against 100B. We can check the data again from CBK and CBN. It was 2.5 times. That should give you enough clues that your economy GDP is OVER COOKED. obaaderemi: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 2:16pm On Jun 13, 2019 |
rvp2018:i know u can't dignify it with a response cos its above u, u can only whine like a bushbaby. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:16pm On Jun 13, 2019 |
Going by numbers,we make more than Mauritius but... You know what my point is,I don't see the 400 billion US dollars GDP in you! obaaderemi: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:19pm On Jun 13, 2019 |
You're now into hair-splitting and nitpicking - the last refuge of a scoundrel before you start suppressing us. KCB made 24B. If we use google to do usd conversion - KCB 24B kshs comes 236M dollars. Zenith 195B Naira come to 540M dollars. If we do basic division...2.28 times! obaaderemi: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:21pm On Jun 13, 2019 |
But where is Tanzania,the richer guys? 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:23pm On Jun 13, 2019 |
Equity join KCB and circle Ethiopia market. Kenyan banks are already going down as far as Mozambique and up north to South Sudan and west to DRC Congo. West Africa won't be long. https://businesstoday.co.ke/equity-bank-expands-into-ethiopia/ 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:24pm On Jun 13, 2019 |
rvp2018:Total asset ...Nigeria ($111bn 150mn) Kenya.......($32bn 720mn) 111.150/32.720 =3.4 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:28pm On Jun 13, 2019 |
rvp2018:Liar. You are desperate. 195bn naira is $673million dollars. *2.8 approximately *3. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 2:30pm On Jun 13, 2019 |
Nonsense. Comparing 2015 Kenya data with latest Nigeria data. By 2016 - it was 2017 around 37B. Now it should be way above 40B dollars. Nairobi, 25th August 2017 - Kenya Bankers Association (KBA), the banking industry's umbrella body and the financial sector's lead advocacy group representing total assets in excess of Kshs. 3.7 trillion (USD 37 Billion), has announced that Mayfair Bank Ltd obaaderemi post=7929 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 2:31pm On Jun 13, 2019 |
Jonraid:It doesn't work that way,boy.How come Tunisia with a $40bn GDP have the same banking asset with Kenya with a phantom $100bn gdp.? I am waiting for your explanation. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 2:31pm On Jun 13, 2019 |
South Africa-8.3b Egypt-5.5b Morrocco-2.1b Nigeria-1.9b (the biggest economy in Africa )-170-200 million people! Kenya-1.3b Algeria-972m USD Comment-Crazy numbers by South Africa! |
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