Chorla

am eager to know more...........tell me d updates and latest.....

[Chuma Nnoli @ChumaNnoli]

Why Nigeria beat Ghana…

#NGAGHA #UnityCup2025

[Chorla @Chorlasam]

@omoalhajaabiola @skill_afrika_ The freelancer's page to join is not opening.

[Vivian Chikaodi @ChikaodiVivian]

At a time when other brands are withdrawing from hosting events in Port Harcourt, FCMB SheVentures is partnering with Befab City Fair to host the biggest discount market in Port Harcourt 🎊🎊

If you’re in Ph City, turn up.
🗓️4-6th April
🏟️Ph Polo Club
🕰️9am daily

Awoof Yakataa.

[Vivian Chikaodi @ChikaodiVivian]

Hello everyone👋
ANNOUNCEMENT
1/6
This Friday we will be having a small exercise for entrepreneurs, and business people in general. I will post a thread of various businesses I can think of. Please find your business and comment under that particular tweet.

Please adhere to…

[Trending Explained @TrendingEx]

Savannah Bank is trending because APC influencers are accusing Peter Obi of lying about ‘building’ banks 1984.

According to them, he graduated in 1984 but claims to have built a bank that was established in 1989.

These claims are extremely false.

In the podcast on Monday, PO said he built two Savannah banks as an undergraduate during his UNN days. Contrary to what is trending.

The Savannah bank wasn’t established in 1989. It had existed long since, 1960 but as Bank of America NT&SA.

Following the indigenization decree of 1975, the Bank of America relinquished its majority holding, and the Nigerian government controlled 51.34% shareholding.

Indigenization simply meant, putting the natives in charge of businesses. Or.. for long.. “The new legislation was planned to give Nigerians more access to surplus income of businesses, shift foreign investment to highly technical areas and promote indigenous businesses.”

So..

The bank was then renamed ‘Savannah Bank of Nigeria Plc’ in 1979, Savannah International 1989, it was later privatized in 1992 through the Nigeria Stock Exchange.

Now how Peter built it?

Apparently, while he was in UNN pursing a degree in Philosophy and dealing his trade, he became acquainted with the Manager of the Bank, who was doing a part time program in the school.

Who, told him they needed two properties to extend their branches in Ubolafo, Nsukka Anambra. So, he (PO) built the properties, leased it to the bank for five years.

He built it with ₦18,000 and leased it at ₦7,000 per year. Made ₦ 35,000 from each building. And that’s how he got into real estate.

Although, in the podcast he didn’t explain. He gave the impression that he built the bank from scratch. Hence, the misunderstanding.

Savannah bank was shutdown on 15th February 2001.

According to then CBN Governor, Joseph Oladele Sanusi, the bank did not have enough assets to meet liabilities and did not comply with CBN obligations.

As at then they had 140 branches across the country.

In 2009 6th of February a Court of Appeal sitting in Abuja ordered the re-opening of Savannah Bank, and ordered the CBN and NDIC to pay ₦100 million to the bank as damages.

In 2010 it was reported that the bank is trying to raise ₦100bn for a restart.

Follow @TrendingEx for an improved twitter experience.

[Chorla @Chorlasam]

@fabshirley__ @phspecials Hello

[The DOGS 🦴 @realDogsHouse]

DOGS Principles🐶
Do you like to wait? Neither do we. Here are the key things about the upcoming $DOGS listing:
🦴No locks or vesting
🤑Community owns most tokens
🏴‍☠️No investors
😵No new supply. Ever.
😎Telegram-native utility
❤️TON Blockchain
Stay hungry, stay tuned🦴

[Chorla @Chorlasam]

@ton_society Stand with #FREEDUROV

[Chorla @Chorlasam]

@bolobeckham Where is the remaining gist?

[Trust Wallet @TrustWallet]

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[Chorla @Chorlasam]

@possible1001 But sir, the position of Chief of Staff, was he elected into office?

How about Him. Gbajabiamila that was elected and later appointed as the Chief of Staff?

Or was his resignation not valid?

[Chorla @Chorlasam]

Do you remember when you joined X? I do! #MyXAnniversary

[Chorla @Chorlasam]

@saintisaac1 Thank you boss
My own person

[Chorla @Chorlasam]

It's the beginning of a new year for me.
Happy birthday to me.

[💡 @_Lylayh]

Port Harcourt Are you ready?????!!!! 💃💃💃💃💃
Una don buy ticket or make we run tickets giveaway? Buy your tickets @lightupphc and come out on the 9th of March let's light up Ph City with music!!!!! #lightupphc

[Imran Muhammad @Imranmuhdz]

BREAKING: The Central Bank of Nigeria (CBN) is considering raising the minimum capital requirements for Bureau De Change (BDC) operators to N2 billion for Tier 1 licenses and N500 million for Tier 2 licenses.

It was previously N35 million for a general license.

The updated regulations encompass numerous modifications to the guidelines governing BDC activities within the nation. Once approved, these updated guidelines will come into effect on a date determined by the CBN.

Tier 1 operators must maintain a minimum share capital of N2 billion and also submit a Mandatory Caution Deposit of N200 million.

The fee for application is N1 million, while the license fee amounts to N5 million.

In Tier 2, operators are required to possess a minimum share capital of N500 million and maintain a Mandatory Caution Deposit of N50 million.

The application fee is N250,000, while the license fee amounts to N2 million.

The central bank also mentioned that the specified minimum capital requirement for BDCs, along with any additional capital infusion, will need to be confirmed by the CBN.

[Imran Muhammad @Imranmuhdz]

BREAKING: The producers of cement have decided to decrease the cost of the item to a range of N7,000 to N8,000 per 50kg, varying based on the location across the country.