Mpeace:
But thus far, no such clause have been made known and if any exist, it should be coming from FMN as a defence to any attempt at enforcing the loan on them. Ecobank need to follow the right entity.
Fmn knew the implications of what they bought.
Its just like buying land that is subject matter of litigation. The buyer knows that under the doctrine of lis pendis, he bears the outcome of the litgation
Truth is Ecobank loan to Honeywell is not lost yet. Its either FMN pays or Oba pays. But nothing concerns the fbnh share puchase to the said loan.
The entity used in buying the fbnh majority shares has two sons of Oba as majority shareholders and can hardly be dragged into the whole mess.

Oba personally guaranteed the LOANS. hence..If it was Access Bank..Guess what...

monopolistic:


Oba personally guaranteed the LOANS. hence..If it was Access Bank..Guess what...

Ecobank is OYO here. Even Access Bank will not go against the settlement by the Bankers Committee as Ecobank seems to be doing.

Banker's committee na court? Was it Ecobank that started the court case?

The Nigerian market has seen a spectacular rise in share prices over the last few weeks. What has caused this and how can we invest safely and sensibly in this climate?

Find answers to these and more in our conversation with Mr Chukwuemeka Nwagwu (Capital Market Analyst, SCM Capital LTD).

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/86--Investing-in-rising-markets-A-Chat-with-Mr--Chukwuemeka-Nwagwu-e2709d9

chimex38:
FBHN saga fallout
https://leadership.ng/cbn-to-blacklist-bank-directors-with-bad-loans/

Still on the matter
https://www.thisdaylive.com/index.php/2023/07/16/twists-and-turns-in-tussle-for-fbn-holdcos-controlling-shares?amp=1

chimex38:


Still on the matter
https://www.thisdaylive.com/index.php/2023/07/16/twists-and-turns-in-tussle-for-fbn-holdcos-controlling-shares?amp=1

Too hot to handle

toyeoye:


Too hot to handle

I swear

Oba should pay up his debt with Ecobank and rest! The man like trouble pass peace!

Dangote sugar is the real deal for our Nigerian stock market and shares holder!
This is not a promotion, but a free educational post from a trader!

Feel free to add your comments and suggestions

If you know the exchange this stock can be traded please do drop a comment , or if you know how it can be purchased, drop
A quote too

Audio is very poor.

DrAwo:
The Nigerian market has seen a spectacular rise in share prices over the last few weeks. What has caused this and how can we invest safely and sensibly in this climate?

Find answers to these and more in our conversation with Mr Chukwuemeka Nwagwu (Capital Market Analyst, SCM Capital LTD).

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/86--Investing-in-rising-markets-A-Chat-with-Mr--Chukwuemeka-Nwagwu-e2709d9

Good morning

Here's a rundown of what happened in the Nigerian stock market last week and what to expect this week.

Kind Regards

https://twitter.com/quansimodo/status/1680827517437894656?t=IVzjlMuRHgB6Yi392Ph-1A&s=19

I will take this with a pinch of salt. If we are to go by this list ehn, Nah Buhari 2.0

Mfunkynation:

TINUBU MINISTERIAL NOMINEES & DESIGNATIONS

Attorney General of the Federation - Dr Hassan M Liman (SAN)
Solicitor General of the Federation - Babatunde Ogala

National Security Adviser - Nuhu Ribadu - Adamawa State

Minister of Petroluem Resource State - Augustine Avuru - Delta State

Minister of Finance - Aisha Ahmad - Niger State
Minister of Finance State - Mr Dapo Okubadejo - Ogun State

Minister of Work & Housing - Sen Adam Oshomole - Edo State
Minister of Work & Housing State - Bashir Machina - Yobe State

Minister of Power - Sanusi Garba - Katsina
Minister of Power State - Dr Isiaka Olayinka Kolawole - Oyo State

Minister of Education - Prof Peter OKebukola - Osun State
Minister of Education State - Sen Sani Bello - Niger State

Minister of Defence - Gen Abdulmalik Jubril (RTD)
Minister of Defence State - Prof Osareimen Osunbor - Edo State

Minister of Foreign Affairs - Fayemi Kayode - Ekiti State
Minister of Foreign Affairs State - Alhaji Lawan Ya' u Roni- Jigawa State

Minister of Health - Dr Bankole A Johnson
Minister of Health State - Dr Zainab Shinkafi Bagudu - Kebbi State

Minister of Agriculture & Rural Dev - Abdullahi Ganduje - Kano State
Minister of Agriculture State - Sen Ita Enang - Akwa Ibom

Minister of Transportation - Simon Lalong - Plateau State
Minister of Transportation State - D Kekemeke - Ondo State

Minister of Police Affair - Nyesome Wike - River State
Minister of Police Affair State - Kabiru Marafa - Zamfara State

Minister of Interior - Nasril El Rufai - Kaduna State
Minister of Interior State - Prince Alex Mbata - Imo State

Minister of Science & Technology - Sen Chimaroke Nnamani - Enugu State
Minister of Science & Technology State - Alhaji Modu Musa - Borno State

Minister of Labour & Productivity - Festus Keyamu - Delta State
Minister of Labour & Productivity State - Mohammed Hassan - Yobe State

Minister of Budget & National Planning - David Sabo Kente - Taraba State
Minister of Budget & National Planning State - Abike Dabiri - Lagos State

Minister of Special Duties - Andy Uba - Anambra State
Minister of Specail Duties State - Alhaji Abdullahi Bello Bodejo - Bauchi State

Minister of Trade & Investment - Gboyega Oyetola - Osun State
Minister of Trade & Investment State - Alhaji Haddy Ametuo - Kogi State

Minister of Commerce & Industry - Sen Martin Elechi - Ebonyi State
Minister of Commerce & Industry State - Steven Lawani - Benue State

Minister of Solid Minerial Dev - Sen Teslim Folarin - Oyo State
Minister of Solid Minerial Dev State - Jamil Isiyaku Gwamna - Gombe State

Minister of Environment - Ben Ayade Cross River
Minister of Environment State - Ibrahim Abdullahi Danbaba - Sokoto State

Minister of FCT - Tanko Al-malkura - Nasarawa State
Minister of FCT (State) - Hon Zaphania Jisalo - Abuja

Minister of Aviation - Dr Ibrahim Salau - Kogi State
Minister of Aviation State - Muntari Lawal - Katsina State

Minister of Water Resource - Sadique Abubakar - Bauchi State
Minister of Water Resource State - Sen Ifeanyi Ararume - Imo State

Minister of Niger Delta - David Lyon - Bayelsa State
Minister of Niger Delta State - Gbenga Edema - Ondo State

Minister of Women Affair - Aishatu Binani - Adamawa State
Minister of Women Affair State - Betta Edu - Cross River

Minister of Youth & Sport Dev - Barr Bello Mohammed Goronyo - Sokoto State
Minister of Youth & Sport Dev State - Jay Jay Okocha - Enugu State

Minister of Mine & Steel Dev - Bello Matawalle - Zamfara State
Minister of Mine & Steel Dev State - Magnus Abi - Rivers State

Minister of Information - Bayo Onanuga - Ogun State
Minister of Information State - Abdulmumin Jibrin - Kano State

Minister of Communication & Digital Technology - Ikechi Emenike - Abia State
Minister of Communication & Digital Technology State - Eng Ahmed Yusuf - Taraba State

Minister of Tourism , Culture & Art - Abubakar Badaru - Jigawa State
Minister of Tourism, Culture & Art State - Jide Kosoko - Lagos State

Ministry of Humanitarian Affair, Disaster management & Social Dev - Alhaji Adamu Dibal - Borno State
Ministry of Humanitarian Affair, Disaster management & Social Dev State - Sen M Okadigbo - Anambra.
****************************************************************
don't know if this is confirmed!

Mfunkynation:

TINUBU MINISTERIAL NOMINEES & DESIGNATIONS

Attorney General of the Federation - Dr Hassan M Liman (SAN)
Solicitor General of the Federation - Babatunde Ogala

National Security Adviser - Nuhu Ribadu - Adamawa State

Minister of Petroluem Resource State - Augustine Avuru - Delta State

Minister of Finance - Aisha Ahmad - Niger State
Minister of Finance State - Mr Dapo Okubadejo - Ogun State

Minister of Work & Housing - Sen Adam Oshomole - Edo State
Minister of Work & Housing State - Bashir Machina - Yobe State

Minister of Power - Sanusi Garba - Katsina
Minister of Power State - Dr Isiaka Olayinka Kolawole - Oyo State

Minister of Education - Prof Peter OKebukola - Osun State
Minister of Education State - Sen Sani Bello - Niger State

Minister of Defence - Gen Abdulmalik Jubril (RTD)
Minister of Defence State - Prof Osareimen Osunbor - Edo State

Minister of Foreign Affairs - Fayemi Kayode - Ekiti State
Minister of Foreign Affairs State - Alhaji Lawan Ya' u Roni- Jigawa State

Minister of Health - Dr Bankole A Johnson
Minister of Health State - Dr Zainab Shinkafi Bagudu - Kebbi State

Minister of Agriculture & Rural Dev - Abdullahi Ganduje - Kano State
Minister of Agriculture State - Sen Ita Enang - Akwa Ibom

Minister of Transportation - Simon Lalong - Plateau State
Minister of Transportation State - D Kekemeke - Ondo State

Minister of Police Affair - Nyesome Wike - River State
Minister of Police Affair State - Kabiru Marafa - Zamfara State

Minister of Interior - Nasril El Rufai - Kaduna State
Minister of Interior State - Prince Alex Mbata - Imo State

Minister of Science & Technology - Sen Chimaroke Nnamani - Enugu State
Minister of Science & Technology State - Alhaji Modu Musa - Borno State

Minister of Labour & Productivity - Festus Keyamu - Delta State
Minister of Labour & Productivity State - Mohammed Hassan - Yobe State

Minister of Budget & National Planning - David Sabo Kente - Taraba State
Minister of Budget & National Planning State - Abike Dabiri - Lagos State

Minister of Special Duties - Andy Uba - Anambra State
Minister of Specail Duties State - Alhaji Abdullahi Bello Bodejo - Bauchi State

Minister of Trade & Investment - Gboyega Oyetola - Osun State
Minister of Trade & Investment State - Alhaji Haddy Ametuo - Kogi State

Minister of Commerce & Industry - Sen Martin Elechi - Ebonyi State
Minister of Commerce & Industry State - Steven Lawani - Benue State

Minister of Solid Minerial Dev - Sen Teslim Folarin - Oyo State
Minister of Solid Minerial Dev State - Jamil Isiyaku Gwamna - Gombe State

Minister of Environment - Ben Ayade Cross River
Minister of Environment State - Ibrahim Abdullahi Danbaba - Sokoto State

Minister of FCT - Tanko Al-malkura - Nasarawa State
Minister of FCT (State) - Hon Zaphania Jisalo - Abuja

Minister of Aviation - Dr Ibrahim Salau - Kogi State
Minister of Aviation State - Muntari Lawal - Katsina State

Minister of Water Resource - Sadique Abubakar - Bauchi State
Minister of Water Resource State - Sen Ifeanyi Ararume - Imo State

Minister of Niger Delta - David Lyon - Bayelsa State
Minister of Niger Delta State - Gbenga Edema - Ondo State

Minister of Women Affair - Aishatu Binani - Adamawa State
Minister of Women Affair State - Betta Edu - Cross River

Minister of Youth & Sport Dev - Barr Bello Mohammed Goronyo - Sokoto State
Minister of Youth & Sport Dev State - Jay Jay Okocha - Enugu State

Minister of Mine & Steel Dev - Bello Matawalle - Zamfara State
Minister of Mine & Steel Dev State - Magnus Abi - Rivers State

Minister of Information - Bayo Onanuga - Ogun State
Minister of Information State - Abdulmumin Jibrin - Kano State

Minister of Communication & Digital Technology - Ikechi Emenike - Abia State
Minister of Communication & Digital Technology State - Eng Ahmed Yusuf - Taraba State

Minister of Tourism , Culture & Art - Abubakar Badaru - Jigawa State
Minister of Tourism, Culture & Art State - Jide Kosoko - Lagos State

Ministry of Humanitarian Affair, Disaster management & Social Dev - Alhaji Adamu Dibal - Borno State
Ministry of Humanitarian Affair, Disaster management & Social Dev State - Sen M Okadigbo - Anambra.
****************************************************************
don't know if this is confirmed!

Is this a joke?

veecovee:

Anyone may even call it Baboo shooting ... However, I talk from experience. I said it here that UNITYBNK will hit 2/3, and it rose to N2.07 b4 this current rainfall. I exit at N1.89 a day B4 it got to 2.07, it would have continued it's uptrend if not this current devil in the mkt, according to loco

I may buy it again ... But please don't follow pastor oo

It's looking like I have seen that mentor I have been looking for!

Nah to acquire like 4.9% be that
The remaining 0.1% is for village people.

Mankindman:
https://nairametrics.com/2023/07/14/new-regulation-requires-cbn-approval-to-acquire-5-of-any-nigerian-bank/

@Loco, cbn is waiting for you ooo.lol
You can no longer acquire 5% of Living trust mortgage bank (aka loco's bank) without cbn approval.
I got to know this bank for the first time through Loco and have been eyeing 0.1% of their outstanding 5B shares, but oga Loco no go let me reach 0.0000001% due to the way he short the bank in 2021. From penny price of sub N0.50k ,Oga Loco placed a premium bet on living trust stock and won comfortably 😎 😀 👌 😉 👍

Frangel:


Transcorp 😁

Go and look for it and grab.
Transcorp and caverton are my 2 stocks pick for this 2nd half 2023.

Check whatever you prefer as your entry price.
The 2 will reward you abundantly in the next 6 months.

They will say I have started again

locodemy:



Go and look for it and grab.
Transcorp and caverton are my 2 stocks pick for this 2nd half 2023.

Check whatever you prefer as your entry price.
The 2 will reward you abundantly in the next 6 months.

They will say I have started again

I think companies that make their money in $ and other foreign currencies will do very well. The whole exchange rate stuff will almost double their earnings.
Access bank foreign adventures will favor them.
The oil companies( crude and palm oil) will equally be favoured

Access Bank leading the charge for market recovery...

Fingers crossed...

locodemy:



Go and look for it and grab.
Transcorp and caverton are my 2 stocks pick for this 2nd half 2023.

Check whatever you prefer as your entry price.
The 2 will reward you abundantly in the next 6 months.

They will say I have started again

So you have jumped back into the market? So market is no longer crashing? Can you isolate those 2 to do well in market that is crashing generally? Many questions begging for questions

OANDO @#5 is a STEAL.

BARGAIN HUNTERS TAKE NOTE!

Hard average down just started. Enjoy the average down while it lasts.

Yoast:

So you have jumped back into the market? So market is no longer crashing? Can you isolate those 2 to do well in market that is crashing generally? Many questions begging for questions

Stop too much question.
I have pointed 2 stocks and asked that you check whatsoever you prefer as your entry price.It doesn't matter whether I am in the market or not but take note of these 2 stocks and live well dear brother.You need money

Expect other banks to do the same. I expect WEMA to walk the talk & ensure that they themselves don't sabotage this.
The limit should be raised to $5000 in no time, if this works out well.

CircleOfWilis:
https://editor.guardian.ng/news/bank-lifts-suspension-of-international-transactions-on-naira-cards/

locodemy:


Stop too much question.
I have pointed 2 stocks and asked that you check whatsoever you prefer as your entry price.It doesn't matter whether I am in the market or not but take note of these 2 stocks and live well dear brother.You need money

Hmm we shall see

Yoast:
https://businessday.ng/business-economy/article/more-money-for-real-sector-as-cbn-slashes-crr/

This will surely affect the market in a very positive way. For sure.

Yoast:
https://businessday.ng/business-economy/article/more-money-for-real-sector-as-cbn-slashes-crr/

does this affect commercial banks or it is just merchant banks like Coronation.

e be like market red this one no one is talking or giving update.

ebuka1997:
e be like market red this one no one is talking or giving update.

More red than green so far

ebuka1997:
e be like market red this one no one is talking or giving update.

There's recovery in market with the banking sector leading so far.....
GEREGU up earlier......now @350...