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1  Forum / Sports / Re: EPL:Rio Ferdinand Warns Manchester United, Says Ronaldo Won’t Sit On The Bench on: 27-08-2022 10:06 PM
Stay with the winning team, #Arsenal
2  Forum / Naijapals Base (Metro life) / Re: Nigerian Lady Narrates How Her Life Turned Around For Good After She Stopped Being An Ashawo on: 27-08-2022 10:01 PM
That's good news, heaven is rejoicing over her, go and sin no more
3  Forum / Relationships & Romance / Skye Bank Posts N12.64 Billion Profit on: 17-04-2013 04:42 AM
http://blog4all-com.blogspot.com/2013/04/skye-bank-posts-n1264-billion-profit.html



Skye Bank Plc’s audited results for the year ended December 31, 2012, showed that it recorded a profit after tax of N12.64 billion. The amount represented a significant increase of 872.6 per cent, compared to the N1.30 billion it realised in 2011.

The financial report presented to the Nigerian Stock Exchange (NSE) yesterday also showed that the bank’s profit before tax jumped by 480.9 per cent from N2.84 billion in 2011 to N16.51 billion in 2012.

The bank maintained a steady top-line in 2012 with net interest income and net non-interest income of N44.50 billion and N22.60 billion respectively

On the basis of the improved financial performance, the board of directors of Skye Bank recommended an increase in cash dividend per share from 25 kobo paid in 2011 to 50 kobo in 2012.

Skye Bank’s earnings per share also increased to N1.01 in 2012 as against 20 kobo recorded in 2011. The bank’s assets quality improved considerably as its non-performing loan/gross loans ratio surpassed industry’s target of five per cent to 4.95 per cent in 2012 as against 6.39 per cent it was the preceding year.

Similarly, Skye Bank’s deposit base expanded by 22.4 per cent to N790.09 billion in 2012 compared to the N645.45 billion recorded in 2011. Its total assets increased to N1.07 trillion in the year under review, as against N914.27 billion in 2011.

Speaking on the financial performance of the bank, the Group Managing Director/Chief Executive Officer, Skye Bank, Mr. Kehinde Durosinmi-Etti, said the report reflected the commitment of the bank to its goal of quality and sustained growth and returns to shareholders.

“In a year of impactful regulatory interventions, including tight monetary policies, we recorded growth in the most of our performance indicators. For instance, we grew our interest income by 35 per cent from N74.9 billion to N101.0 billion, signaling an accretion in our volume of business transactions, while customer deposits grew by 22 per cent, from N645.5 billion to N790.1 billion,” he added.

The Skye Bank boss assured that the financial institution would continue to focus on improved risk management practices.
“We will further leverage on our expertise and comparative advantage in key growth areas including commercial banking, corporate banking, project finance, trade finance, public private partnership and public sector to unlock significant growth in incomes while we further reduce costs by building on our increasingly popular retail banking franchise,” Durosinmi-Etti said.

http://blog4all-com.blogspot.com/2013/04/skye-bank-posts-n1264-billion-profit.html
4  Forum / Relationships & Romance / Re: Sunday Sun Fashion Court Offenders, "Skabashing" Edition on: 17-04-2013 03:59 AM
indecent dressing, should be charge to fashion court.

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5  Forum / The Buzz Central / Re: Pregnant Wife Storms Church, Scatters Nollywood Actor's Wedding To Girlfriend on: 14-04-2013 12:07 AM
Odd and Evil World,He tought he is acting Home Video.God help Human Being.

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6  Forum / The Buzz Central / Re: Pregnant Wife Storms Church, Scatters Nollywood Actor's Wedding To Girlfriend on: 14-04-2013 12:06 AM
Odd and Evil World,He tought he is acting Home Video.God help Human Being
7  Forum / The Buzz Central / Re: Tonto Dike To Represent Nigeria In Big Brother Africa? on: 14-04-2013 12:05 AM
congratz. wish u all d best

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8  Forum / The Buzz Central / Re: Wahala! Couple Caught Having Sex In Car Min. After Leaving Church Service on: 13-04-2013 11:56 PM
You should have kept d sabbath day holy.lol

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9  Forum / Politics / NYSC: Crocodile tears all over Nigeria on: 22-05-2011 03:58 AM
Since the death of many Nigerians in the post-election riots of last month, the media have been replete with reports on the subject. The figures being published for those affected are quite disturbing.

Although every one deprecates the episode, we appear to have somehow narrowed the issue to the corps member-victims as if they were the only targets. It is as if we love our corps members so dearly these days when in actual we are only as usual demonstrating the nation’s high degree of hypocrisy. No matter who was killed, every citizen should be as precious as the other to his country.

The more we amplify the pains of the kith and kin of the dead youth corps members, the more we create the unfortunate impression that other deaths arising from the same episode are immaterial. The truth is that the nature and timing of the disturbances show quite clearly that the targets were not just NYSC members but election personnel. This is why leaders of our political parties must be held vicariously liable for the mayhem.

Meanwhile, a few things have been done which symbolically show some observable level of official sensitivity. First was the dispatch of relief materials to displaced victims of the violence in some cities by the National Emergency Management Agency (NEMA). This was followed by the payment of a token compensation to wipe the tears of some affected families and then the setting up of a panel to investigate the disturbances. It is hoped that the panel will do a good job and that its report will not be distorted by government’s white or green paper on it.  After that, what next? Should we scrap NYSC?

There are divergent opinions. Many don’t think we should. General Yakubu Gowon, the man who initiated the scheme has added his weight to this school. But other people feel quite strongly that the scheme should not just be reorganized but scrapped entirely.

For example, ‘review NYSC or scrap it now’ was the message of the Association of Traditional Rulers of Oil Minerals Producing Communities,TROMPCON, as contained in a statement at the end of their meeting last week in Port Harcourt. One strong point in support of this viewpoint is that were it not for NYSC, the dead corps members would have had no business in the places where they were killed.

We believe, however, that how the NYSC policy has been implemented over the years must be distinguished from what prompted the establishment of the scheme. If we are to follow the sentiments of those who for safety reasons think that everyone should serve in his own state, we may defeat the policy of the NYSC as a tool for national unity and integration.  This is why we agree with the Tribune, which, in one of its editorials, entitled ‘Rethinking NYSC’ appealed “to those who have called for the scrapping of NYSC to thread with caution.”

Luckily, a rather more robust dimension has emerged with a legal position taken by a group known as the Socio-Economic Rights and Accountability Project, SERAP. The group, according to reports, has dragged the Federal Government to the Economic Community of West African States , ECOWAS, Court of Justice for what it described as the failure of government to prevent the post-election violence that resulted in the killing of 10 NYSC members .

SERAP is praying the court to declare that the failure by the defendants and/or their agents to provide protection and to exercise due diligence to prevent the post-election violence that claimed the lives of the 10 NYSC members serving their country was unlawful as it constituted a violation of Nigeria’s international human rights obligations and commitments.

How the Court deals with the matter will no doubt throw some light on the issue. But the NYSC Director-General, Brigadier-General Maharazu Tsiga, appears confident that the scheme would not be scrapped. He was quoted to have said in Ilorin last Wednesday at the 2011 NYSC Annual Management Conference that those calling for the scrapping of the scheme were ‘enemies of Nigeria’.  How would Tsiga classify the 276 Lagos youth corps members who were evacuated from the North by their state government and who have publicly vowed never to return to the North?

The pain for us in all of this is that as a nation, our attention had to be drawn to a neglected but positive public policy like the NYSC by the death of some worthy young patriots. We need to be honest enough to agree that NYSC has been assaulted many times before the April disturbances.

Indeed, only a few days back, there were reports that some armed robbers raided the residence of the NYSC in Ogun State. In Osun State, a traditional ruler, the Alowa of Ilowa-Ijesa, Oba Adebukola Alli, is being tried for an alleged rape on a female corps member  posted to the state. The last time I ran into some corps members newly enrolled in the scheme, they told me that the appropriate meaning of the NYSC, based on their experience in the camp, was National Youth Suffering Camp. One member disclosed that the camp in Nsit atai in Akwa Ibom State is located in a bushy reptile-infested location without window louvres.

At the end of the camp period, many youth corps members  have to roam the streets searching for places of primary assignment. In breach of the law setting up the scheme, many organizations reject youth corps members as if it is a favour to accept them. In some organisations that are bereft of ideas, the only assignment for a Corper is to buy groundnut, banana, recharge cards etc for the permanent staff.

The scheme now functions as a source of cheap labour with its members earning pitiable allowances as if poor pay increases patriotism. Since the scheme is a national service, why does it not attract salaries like the ones our legislators pay themselves or are legislators not into national service?

As at today, NYSC is probably the only organization whose career officers cannot rise to its Chief Executive position. Rather than being prompted by these to ask for substantive reforms, many people are playing to the gallery by eulogising NYSC only after 10 youth corps members were killed in active service. Even the Arewa Consultative Forum, ACF, only last Monday met in Kaduna to support NYSC with a detailed statement on the merits of the scheme.

Let us say it point blank that ACF does not qualify to speak because for as long as the North remains a hot zone for violence- northern leaders who have failed to put their house in order should learn to know when silence is golden.

And, if the rest of us must shed tears for those youth corps members killed in the North last month, let us not be in doubt that the tears belong to the crocodile.


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10  Forum / Sports / Re: fcuk A OSAZIE: Siasia Drops Osaze Odemwingie From Argentina's Friendly List on: 22-05-2011 03:42 AM
i like, dat, it will bring discipline and serious to the team. he is my best Nigeria player for now.how is wish others will learn from this especially John Obi.
 
11  Forum / Relationships & Romance / Re: if u were given opportunity to write a short note on your ex what will you write?? on: 22-05-2011 03:37 AM
it depends, above all, i  will send the message very straight, i still love u. if an only i still do.

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12  Forum / Naijapals Base (Metro life) / Re: End of the World May 21st: Doomsday 2011 on: 22-05-2011 03:28 AM
its just story, and they lie to the pit of hell
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13  Forum / The Buzz Central / Re: Mercy Johnson To Wed At Christ Embassy on: 22-05-2011 03:25 AM
Congrats! u've made it at last, how i wish i was the one that marry you.hahahahhahah, Ur husband will really enjoy that your "OUR MILK.
all the same happy married life.
 
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