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 Travel / Re: Foreign Airlines Are Underpricing Us - Alex Onyema by OGUAF(m): 8:14am On Apr 10 |
helinues: It's not just a Nigeria thing The international aviation and ocean shipping business is "dominated and controlled" by very few powerful conpanies that have some sort of monopoly. In fact, it's worse in the ocean Shipping business. |
| Properties / Re: Retail Investors Urgently Needed by OGUAF(m): 3:59pm On Apr 09 |
Available |
| Business / Re: Retail Investors Urgently Needed by OGUAF(m): 3:59pm On Apr 09 |
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| Investment / Re: Retail Investors Urgently Needed by OGUAF(m): 3:59pm On Apr 09 |
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| Foreign Affairs / Re: Ugandan President Appoints Natasha Museveni, Governor Central Bank Of Uganda by OGUAF(m): 2:15pm On Apr 03 |
raskymonojendor: Uganda, Congo Brazaville, Cameroon, Equatorial Guinea and Gabon(a coup happened last year) have leaders that have been in power for decades. They all deserve a coup |
| Politics / Re: Fubara And I Are in PDP but In Different Political Camps – Wike by OGUAF(m): 4:12pm On Apr 02 |
BondRiv: You've said it all brotherly Just to add to that picture you posted. 20 years of democracy in rivers state yet more than 90% of public schools dont meet up with UNESCO requirements, 90% of Primary Healthcare Centres don't have minimum basic requirements as stipulated by WHO. Where's the social housing?. In rivers? 95% of residential communities have slum like features, unemployment and cultism is rampant, poor mass transport network. WE NEED TO STOP CELEBRATING FAILURES AND DEMAND MORE FROM THESE FAILURES. I come in Peace |
| Politics / Re: Dangote Pegs Minimum Of 1Million Litres/Marketer As Diesel Sale Begins by OGUAF(m): 3:41pm On Apr 02 |
shoodboi2:They are referring to marketers with tank farms. 1 million litres is about 1,000 tons which is very small. A single tank in a tank farm can accommodate up to 5,000 tons(5 million litres). There are so many tank farms in onne, ph and apapa, lagos that have more than 10,000 tons tank farm capacity. Also as a "credit worthy" marketer, you don't even need to have 1 billion naira in your bank to pay for the 1 million litres. They would go to let's say zenith bank. Zenith bank would give them a credit line of 1 billion naira to pay dangote, they would load the product and within 1-3 months sell all the stock. They would return the money(1 billion naira) back to Zenith bank. Usually the bank may charge like 10 naira per litre sold or so. For just this single transaction, zenith bank would cash out 10 million naira(using our bank deposits of 1 billion naira). 14 Likes 4 Shares |
| Foreign Affairs / Re: Israeli Forces Arrest Sister Of Hamas Chief Ismail Haniyeh. by OGUAF(m): 9:26am On Apr 02 |
superCleanworks: You've said it all. The lives of 1,400 Israelis killed on Oct.7 is nothing compared to the lives of more than 50,000 gazans killed (35k identified with thousands more missing), almost 100,000 injured and $200 billion worth of infrastructure destroyed in Gaza. Hamas made a big mistake. Meanwhile, Israel is committing Genocide in Gaza and Hamas is a terrorist organisation. 1 Like 1 Share |
| Properties / Retail Investors Urgently Needed by OGUAF(m): 10:45am On Mar 31 |
The project owner has signed a Term Sheet with a Financier to finance the development of an agri-processing project in Nigeria on a joint venture basis. The project owner is seeking to raise up to N10,000,000 from a pool of retail investors to be used to take care of project preliminaries including closing costs which will enable it achieve Financial Closure with the Financier and First Draw Down within a timeframe of 6 months. Project Owner is committing N2,000,000 (Two Million Naira) on its account and is looking to raise the balance from the pool of retail investors If you have any investor(not financial institutions) that might be interested kindly contact me for more details.(08062528467) |
| Investment / Re: Retail Investors Urgently Needed by OGUAF(m): 10:44am On Mar 31 |
Available |
| Business / Re: Retail Investors Urgently Needed by OGUAF(m): 10:43am On Mar 31 |
Available |
| Business / Re: N500b Capital Base: Capital Needed By Commercial Banks With International Spread by OGUAF(m): 4:17pm On Mar 29 |
Oyerinde16: Just to add to what you've said There's something called Tier 1 and Tier 2 capital for banks. Its used to caculate their capital adequacy ratio. Basically Tier 1 capital plus Tier 2 capital divided by their risk weighted assets( primarily the loans they have issued using customers deposits)gives you their capital adequacy ratio Recapitalisation of banks has to do mainly with their "Tier 1 capital which covers shareholders equity(retained earnings, paid in capital etc) on their balanced sheet. While Tier 2 capital is subordinated capital e.g debts and bonds they raised. The most likely way out for banks is to issue new shares or merge 5 Likes 1 Share |
| Investment / Retail Investors Urgently Needed by OGUAF(m): 12:06pm On Mar 26 |
The project owner has signed a Term Sheet with a Financier to finance the development of an agri-processing project in Nigeria on a joint venture basis. The project owner is seeking to raise up to N10,000,000 from a pool of retail investors to be used to take care of project preliminaries including closing costs which will enable it achieve Financial Closure with the Financier and First Draw Down within a timeframe of 6 months. Project Owner is committing N2,000,000 (Two Million Naira) on its account and is looking to raise the balance from the pool of retail investors If you have any investor(not financial institutions) that might be interested kindly contact me for more details.(08062528467) |
| Business / Retail Investors Urgently Needed by OGUAF(m): 11:37am On Mar 26 |
A project owner has signed a Term Sheet with a Financier to finance the development of an agri-processing project in Nigeria on a joint venture basis. The project owner is seeking to raise up to N10,000,000 from a pool of retail investors to be used to take care of project preliminaries including closing costs which will enable it achieve Financial Closure with the Financier and First Draw Down within a timeframe of 6 months. Project Owner is committing N2,000,000 (Two Million Naira) on its account and is looking to raise the balance from the pool of retail investors If you have any investor(not financial institutions) that might be interested kindly contact me for more details.(08062528467) |
| Politics / Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 5:17pm On Aug 12, 2022 |
FallenShitHole: Hi sir. Kindly look at the majority shareholders of SEPLAT. 90% is owned by Foreigners.
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| Politics / Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 5:08pm On Aug 12, 2022 |
FallenShitHole: All the best! |
| Politics / Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 9:32am On Aug 12, 2022 |
ExplorerReturns: I was going to mention earlier that the deal was blocked because NNPC wants the oil block and assets to itself.it has the pre emotive rights to make such claim. Remember it has 60% shares in these oil assets while Exxon Mobil owns the rest and it has just been turned into a private independent entity by Buhari so it's hungry for more assets and these assets are highly crucial to Nigeria. Right now in the Nigerian Oil and Gas sector. Seplat today is no more seen as a Nigerian company. God bless the founders(Orjiakor and avuru) for putting Seplat on the Global map. Seplats aggressive expansion strategy over the past 10 years meant it had to raise a lot of foreign equity capital meaning over time you would lose a majority control. That's how Orjiakor and Avuru lost major control over seplat. To compound the problem orjiakor and Avuru had issues with some local banks which sent wrong signals to the public so these new foreign investors wanted them out. Selling oil assets to Seplat now is like handing over nigerians oil assets to foreigners. It's better the asset goes the NNPC.or another indigenous company like Elumelu. These exxon assets in question, in its prime days of the mid 2010's during the oil boom contributed the most oil to Nigeria's daily production. NNPC should do all its best to ensure its not sold to Seplat for the benefit of 200m Nigerians. Seplat is now run by foreign investors hiding and disguising as an independent Nigerian Company. Its so bad that orjiakor does not have a representative on the board as he does not even hold up to 5%. Look at how they sacked Avuru last year December. He has now set up his own company AA Holdings Limited The next equity raise may push Avurus share to less than 5% meaning Seplat won't even have a Nigerian as a majority shareholder. 1 Like 1 Share |
| Politics / Re: Buhari Makes U-Turn On Seplat, Exxonmobil Deal by OGUAF(m): 8:41am On Aug 12, 2022 |
ExplorerReturns: Hi. This is not true. Orjiakor is no more the majority shareholder The majority shareholder in Seplat since 2009 has always been MPI- a French Company that gave orjiakor and Avuru over $300m to acquire three SHELL OIL BLOCKS then. Initial Seplat shareholding had both orjiakor and Avuru with 100% of the shares. At the moment Orjiakor only owns 2% of the company. Avuru owns 8%. The rest of the company is owned by foreign investors. See the link below https://m.marketscreener.com/quote/stock/SEPLAT-ENERGY-PLC-16256802/company/ God bless you and have a nice day |
| Politics / Re: Wike Warns Julius Berger After Paying 80% Upfront For Road Contracts (Video) by OGUAF(m): 8:27am On Jul 24, 2022 |
Nigeriafirstlad: The majority shareholder as at today in Julius Berger is Mike Adenuga of Globacom. Bilinger Berger has been selling all it's shares. So "technically" it's a now Nigerian company |
| Investment / South West To North Central Haulage Contract Urgently Needed by OGUAF(m): 7:07am On May 30, 2022 |
URGENTLY NEEDED A client wants to hire 10 units of 30 tonnes trucks (14 tyres) trailer trucks to Load coal from Ankpa, kogi state to Ogun state He is currently seeking a return job (Ogun or any of the south west stages back to kogi or North cemtral) for the trucks to finalise the transaction. Kindly get in touch if you have available cargo for the return job. I hope to hear from you. 08062528467 |
| Business / ..... by OGUAF(m): 11:26pm On May 29, 2022 |
URGENTLY NEEDED A client wants to hire 10 units of 30 tonnes trucks (14 tyres) trailer trucks to Load coal from Ankpa, kogi state to Ogun state He is currently seeking a return job (Ogun or any of the south west stages back to kogi or North cemtral) for the trucks to finalise the transaction. Kindly get in touch if you have available cargo for the return job. I hope to hear from you. 08062528467 |
| Business / Re: ............ by OGUAF(m): 10:28pm On May 29, 2022 |
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| Investment / Re: ............ by OGUAF(m): 10:28pm On May 29, 2022 |
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| Investment / ............ by OGUAF(m): 3:53pm On May 22, 2022 |
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