₦airaland Forum

Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,333,206 members, 5,160,761 topics. Date: Thursday, 19 September 2019 at 05:23 AM

Breaking:- Investors Flee Nigeria - Bloomberg News!!! - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Breaking:- Investors Flee Nigeria - Bloomberg News!!! (5072 Views)

Goodluck Jonathan Delivers A Speech At Bloomberg (Photos) / PMB Lacks The Capacity To Rule Nigeria- BLOOMBERG / Jpmorgan Exit: Nigerian Bonds Face Downgrade As Investors Flee In Droves (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Truckpusher(m): 6:29pm On Sep 10, 2015
Investors are fleeing and companies are laying off workers in their thousands and some iidiots are here chanting 'Sai baba' and talking about body language - I give them six months from now most of them won't even get the odour less fufu and bailout funds from the FG just then it would dawn on them. Right now the impending catastrophe is a like a child's play after all they still have Jonathan to blame for now. cheesy

13 Likes 3 Shares

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by SeverusSnape(m): 6:31pm On Sep 10, 2015
Bring back Ngozi Okonjo Iweala

3 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by ISpiksDaTroof: 6:31pm On Sep 10, 2015
Truckpusher:
Investors are fleeing and companies are laying off workers in their thousands and some iidiots are here chanting 'Sai baba' and talking about body language - I give them six months from now most of them won't even get the odour less fufu and bailout funds from the FG just then it would dawn on them. Right now the impending catastrophe is a like a child's play after all they still have Jonathan to blame for now. cheesy

But, idi*ots like yourself vociferously supported the Govt that put you country in this predicament.
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Truckpusher(m): 6:33pm On Sep 10, 2015
ISpiksDaTroof:


But, idi*ots like yourself vociferously supported the Govt that put you country in this predicament.
And here comes one of the iidiots.

12 Likes 2 Shares

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by SeverusSnape(m): 6:33pm On Sep 10, 2015
ISpiksDaTroof:


But, idi*ots like yourself vociferously supported the Govt that put you country in this predicament.
... And idiotic zombies like you are still blaming Jonathan for problems caused by the dull'ard Presidiot. Let his body language and odour save you lots.

11 Likes 2 Shares

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by ISpiksDaTroof: 6:41pm On Sep 10, 2015
SeverusSnape:

... And idiotic zombies like you are still blaming Jonathan for problems caused by the dull'ard Presidiot. Let his body language and odour save you lots.

Im an investor in your country; Ive been for 30+ yrs. I have also fled your country with most of my money and guess what? Buhari is not the reason I left, GEJ is.
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by FreeGlobe(f): 6:44pm On Sep 10, 2015
Baba boo boo. go ahead and destroy Nigeria.

1 Like

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by SeverusSnape(m): 6:44pm On Sep 10, 2015
ISpiksDaTroof:


Im an investor in your country; Ive been for 30+ yrs, I have also fled your country with most of my money and guess what? Buhari is not the reason I left, GEJ is.
Liar!...GEJ's government was more investor friendly, When did you hear or read in the news of investors losing such large sums of money as they are losing now?

11 Likes 1 Share

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Bevista: 6:45pm On Sep 10, 2015
Kx:
The investors that
A. Built world class refineries
B. Established car assembly plants like Toyota, Honda etc
C. Turned our cocoa into chocolate
D.established world class roads and other infrastructures that profited them and d populace.

How come the kind of investors that gets attracted to Nigeria are more of short term fund speculators/investors than long term?
Most of the investors referred to in the article never invested in the Real Economy, they only invest in short term Financial Assets.

What Nigeria needs now are Real investors and not Speculative investors. I think PMB needs to constitute his Economic Team ASAP.

1 Like

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Firefire(m): 6:47pm On Sep 10, 2015
Truckpusher:
Investors are fleeing and companies are laying off workers in their thousands and some iidiots are here chanting 'Sai baba' and talking about body language - I give them six months from now most of them won't even get the odour less fufu and bailout funds from the FG just then it would dawn on them. Right now the impending catastrophe is a like a child's play after all they still have Jonathan to blame for now. cheesy


This is getting bad...


Buhari should simply resign if he has no clue of running the government. angry

6 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by FreeGlobe(f): 6:47pm On Sep 10, 2015
ISpiksDaTroof:


Im an investor in your country; Ive been for 30+ yrs, I have also fled your country with most of my money and guess what? Buhari is not the reason I left, GEJ is.
look at this poor thing claiming to be an investor... only on nairaland

11 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Firefire(m): 6:49pm On Sep 10, 2015
SeverusSnape:

Liar!...GEJ's government was more investor friendly, When did you hear or read in the news of investors losing such large sums of money as they are losing now?


Leave that disgrace to humanity.

7 Likes 2 Shares

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by atlwireles: 6:51pm On Sep 10, 2015
Bevista:
Most of the investors referred to in the article never invested in the Real Economy, they only invest in short term Financial Assets.

What Nigeria needs now are Real investors and not Speculative investors. I think PMB needs to constitute his Economic Team ASAP.

When your financial papers are toxic, what long term investor will risk his/her capital in your market. Institutional houses are checking out, yet you expect brick and mortar investors to come in? I don't think it works that way any where in this world.

6 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Adesiji77: 6:54pm On Sep 10, 2015
Following...BRB
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by beland15: 7:00pm On Sep 10, 2015
hhe zoo must fall

2 Likes 1 Share

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by TIMEISWISDOM: 7:01pm On Sep 10, 2015
plaindealer:
They can cool off and keep their investments for now, we need to get our house in order first.

Our status as the largest country in Africa and the most powerful economy won't change so they'll be back in a jiffy and that's even if they are actually leaving.

No more business as usual.
Chai Nigerians.

5 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by plaindealer: 7:15pm On Sep 10, 2015
Whynotthetruth:


bolded shows the extent of your exposure to issues...


And your silly post reflects your own ignorance.

We don't need fly by investors and currency speculators that bloomberg and other predatory investors represents.

Brick and mortar investments are still trooping to Nigeria simply because the same economic factors and indices remains the same and Nigeria is still the number 1 investment destination in Africa.

Walmart, the world's largest retailer is running to Nigeria.

Procter and Gamble, the world's largest consumer goods manufacturer is investing billions in Ogun state on top of what they have in Ibadan.

These are real investments and not the zero value nonsense blumberg is crying over...

1 Like

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Whynotthetruth(m): 7:30pm On Sep 10, 2015
plaindealer:



And your silly post reflects your own ignorance.

We don't need fly by investors and currency speculators that bloomberg and other predatory investors represents.

Brick and mortar investments are still trooping to Nigeria simply because the same economic factors and indices remains the same and Nigeria is still the number 1 investment destination in Africa.

Walmart, the world's largest retailer is running to Nigeria.

Procter and Gamble, the world's largest consumer goods manufacturer is investing billions in Ogun state on top of what they have in Ibadan.

These are real investments and not the zero value nonsense blumberg is crying over...


Ever asked yourself why such other BIG companies closed shop and ran away from Nigeria in the past

3 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Nobody: 7:42pm On Sep 10, 2015
By the time Buhari finishes with us, the next time someone present NEPA bill as certificate, we'll reject it out-rightly.

6 Likes 1 Share

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by 4Play(m): 7:51pm On Sep 10, 2015
plaindealer:

And your silly post reflects your own ignorance.

We don't need fly by investors and currency speculators that bloomberg and other predatory investors represents.

Brick and mortar investments are still trooping to Nigeria simply because the same economic factors and indices remains the same and Nigeria is still the number 1 investment destination in Africa.

Walmart, the world's largest retailer is running to Nigeria.

Procter and Gamble, the world's largest consumer goods manufacturer is investing billions in Ogun state on top of what they have in Ibadan.

These are real investments and not the zero value nonsense blumberg is crying over...

You do realise that you are alluding to investment decisions made and statuses achieved, being the continent's top investment destination, when PDP was in power as a defence against the claim that the present government is exacerbating our economic woes? This is okay if you are not a partisan hack but since you are, the hypocrisy in your argument is rather glaring.

9 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Curlieweed: 8:07pm On Sep 10, 2015
Last time Mumuharry was here, people were queing up to buy scarce "essential commodities"like soap, cereal, powdered milk and rice in peace time. For some reason, some optimists were expecting miracles from improved body odour. Those investors that waited to this moment to flee are dumb to put it mildly. Smart investors left immediately the Animal was selected by JegaJega.

Mumuharry decimating the Nigerian economy since 1984.

5 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by dunkem21(m): 8:15pm On Sep 10, 2015
huangcheng:
By the time Buhari finishes with us, the next time someone present NEPA bill as certificate, we'll reject it out-rightly.


Oh my God grin

1 Like

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Rizstar: 8:39pm On Sep 10, 2015
Yes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by Symphony007: 8:42pm On Sep 10, 2015
Not surprised!! Words cannot express my anger at how utterly stuupid this government is, this unrest in the economy did'nt start today, it has been evolving and there has been crickets from aso rock, no reassurance from the govt. To investors, no emergency NEC meeting..they are just foolishly looking while the Nigerian economy goes to the toilet. I'm waiting for who they will blame when they wake from their slumber. Jonathan in otuoke?

4 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by ISpiksDaTroof: 8:54pm On Sep 10, 2015
SeverusSnape:

Liar!...GEJ's government was more investor friendly, When did you hear or read in the news of investors losing such large sums of money as they are losing now?

Liar?! Either you're dense in the head, broke or both. GEJ Govt messed your country up in ways you can't imagine. Do yourself a favor and read my old topics.
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by ISpiksDaTroof: 8:55pm On Sep 10, 2015
FreeGlobe:

look at this poor thing claiming to be an investor... only on nairaland
Your insanity is legendary on this forum.

Keep displaying for the masses.
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by c33b33(m): 9:01pm On Sep 10, 2015
JP Morgan, Amnesty International and now Bloomberg, plus fall in oil price but some zombies think nothing is wrong.

Hahahhahha that's all I can mutter


IPOB Youth

2 Likes

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by ISpiksDaTroof: 9:01pm On Sep 10, 2015
This was one of the topics I posted last year, since most of you devilish hypocrites that are intent on ruining your own land (with your evil minds and actions) same way your fathers did (with their own evil and callous ways) still insist on doing things the same wicked ways.

Ive never met anyone more sinister, evil and senseless like a Nigerian that'll cut his nose to spite his face over another's tribe and religion. A country running amok with dark minded people.

https://www.nairaland.com/1985908/nigeria-broke-bloomberg-news

1 Like 1 Share

Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by misreal(m): 9:46pm On Sep 10, 2015
citizenisb:
JPMorgan Chase & Co.’s decision to exclude Nigeria from its local-currency emerging-market bond indexes tops a year of pain for a nation reeling from a collapse in oil prices, slowing growth and a lack of economic leadership.

Nigeria has gone almost full circle from a favored investor destination in Africa three years ago -- because of its status as the continent’s largest crude producer and most populous nation -- to being rebuffed. While most of the weakening sentiment is due to the more than halving in oil prices since last year, a series of missteps by the central bank and President Muhammadu Buhari’s delay in appointing an economic team are adding to the slide.

The JPMorgan news is “a clear signal of dampened investor sentiment,” Manji Cheto, vice president of Teneo Intelligence in London, said by phone on Wednesday. “For things to turn around so quickly in three years’ time shows how important it is for governments to recognize that market sentiment is so fickle, and I don’t think the Nigerian government ever really understood this.”

“There will be a significant capital outflow,” Seun Olanipekun, an analyst at Investment One Financial Services Ltd., said by phone from Lagos, Nigeria’s commercial capital.

“The major consequence will be the loss of confidence by offshore investors in our markets. The [b]fact that the Central Bank of Nigeria had time to take action and they failed to do so [/b]will negatively impact how the monetary authorities are viewed by the international community.”


http://www.bloomberg.com/news/articles/2015-09-10/investors-love-affair-with-nigeria-wanes-as-jpmorgan-cuts-bonds
during gej's reign,we heard lots of things like Nigeria has the largest economy in Africa,yet I couldn't boast of sleeping with light.now I am hearing how that investors are ruining awaay from Nigeria but I don dey sleep with light..please somebody tell the investors to flee outa this country,so thaat I can have light for twenty four hours.
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by superbloke(m): 10:22pm On Sep 10, 2015
Bevista:
Most of the investors referred to in the article never invested in the Real Economy, they only invest in short term Financial Assets.

What Nigeria needs now are Real investors and not Speculative investors. I think PMB needs to constitute his Economic Team ASAP.

I posted something earlier in line with this earlier

https://www.nairaland.com/2589861/jp-morgan-index-getting-broader

We need to serve our own interests first before those of these fair weather investors
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by mikolo80: 10:24pm On Sep 10, 2015
citizenisb:
JPMorgan Chase & Co.’s decision to exclude Nigeria from its local-currency emerging-market bond indexes tops a year of pain for a nation reeling from a collapse in oil prices, slowing growth and a lack of economic leadership.

Nigeria has gone almost full circle from a favored investor destination in Africa three years ago -- because of its status as the continent’s largest crude producer and most populous nation -- to being rebuffed. While most of the weakening sentiment is due to the more than halving in oil prices since last year, a series of missteps by the central bank and President Muhammadu Buhari’s delay in appointing an economic team are adding to the slide.

The JPMorgan news is “a clear signal of dampened investor sentiment,” Manji Cheto, vice president of Teneo Intelligence in London, said by phone on Wednesday. “For things to turn around so quickly in three years’ time shows how important it is for governments to recognize that market sentiment is so fickle, and I don’t think the Nigerian government ever really understood this.”

“There will be a significant capital outflow,” Seun Olanipekun, an analyst at Investment One Financial Services Ltd., said by phone from Lagos, Nigeria’s commercial capital.

“The major consequence will be the loss of confidence by offshore investors in our markets. The [b]fact that the Central Bank of Nigeria had time to take action and they failed to do so [/b]will negatively impact how the monetary authorities are viewed by the international community.”


http://www.bloomberg.com/news/articles/2015-09-10/investors-love-affair-with-nigeria-wanes-as-jpmorgan-cuts-bonds
they should go abeg bfor they colonise us again
Re: Breaking:- Investors Flee Nigeria - Bloomberg News!!! by cjrane: 11:44pm On Sep 10, 2015
INTROVERT:
flee ke


The dulllard is killing Nigeria's economy with archaic soviet era communist economic policies, while Nigerians are there talking about his body language being used to solve economic issues.
Anyhow, na dem sabi.

(1) (2) (3) (Reply)

Here Is How Deziani Madueke's Son Spend's Nigeria's $$$ - Cramjones (pics) / Why Are The Negroes Of America Boycotting The Oscars? / INEC Identifies 24 Inaccessible Polling Units In Yobe

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2019 Oluwaseun Osewa. All rights reserved. See How To Advertise. 150
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.