₦airaland Forum

zendi:
Here is the last straw, the final blow on Nigeria's oil economy.
Oil may now drop to $20, and Nigeria's oil costs $20/barrel to produce.

http://www.reuters.com/article/us-iran-oil-exports-idUSKCN0UT098

Born2berich:
oga 9free, first bank don vex ooooo

Born2berich:
Oga yemo, your people charged me N2,500 twice and when I complained they said it was due to the fact that the N2,500 was erroneously credited back into my account last year...pls is this a general issue and how can this be avoided next time?

Youngzedd:
I know I am a learner. See money

lancee:
we dey the same train , i have some few units more than urs [ #TEAM AVERAGING DOWN FBNH#]

Tot ave down to 5.8 ..i don stop for now till bottom out to buy other meaningful stock

FBNH ain't over till its over

valacious:
na wao...the blood on the floor is so thick men. Who would prophesy first bank at N3.50, i mean N3.50, and no bid....

debeey87:
A beg...any reason(s) to consider Afripud. Seen a lot of people here mention it at one time or the other in their stock picks

Elai147:
إخواني وأخواتي في الرب.

الذي كان هذا الشخص الذي قال ان يبيع منزله من FBNH حصلت على N4.00؟

larush:
Really ?? are you sure its not for two years i was debited once o. NGN 2500.

Godisfaithful:
Another section of wealth transfer on-going sir...lol. Bear and Bull run the show and the pigs get slaughtered due to inability to understand the game. Anyway, i'm watching the "Star War" of our NSE

ibisko04:
This is the best of times in Nigeria. People have been living false life before.
A civil servant earning one million naira per annum who is riding a car worth 5m and living in a house with 1.5m rent per annum is definitely living a borrowed life.
Majority of people living in Abuja fits into this description.
Anyway, this is good for the country to take a proper shape and repositioning for the betterment of the generality of all Nigerians.
Things are coming to become more better for all.
After all the reality are dawn on all of us, we will know how to live within our legitimate incomes.
Frivolity must be done away with.

ibisko04:
This is the best of times in Nigeria. People have been living false life before.
A civil servant earning one million naira per annum who is riding a car worth 5m and living in a house with 1.5m rent per annum is definitely living a borrowed life.
Majority of people living in Abuja fits into this description.
Anyway, this is good for the country to take a proper shape and repositioning for the betterment of the generality of all Nigerians.
Things are coming to become more better for all.
After all the reality are dawn on all of us, we will know how to live within our legitimate incomes.
Frivolity must be done away with.

Godisfaithful:
CBN stops forex sale to BDCs


http://www.proshareng.com/news/Forex/Effective-immediately-CBVN-stops-sales-of-Fx-to-BDCs-Allows-Nigerians-lodge-Forex/29753

Quote: "In total disregard of the difficulties that the Bank is facing in meeting its mandate of “maintaining the country’s foreign exchange reserves to safeguard the value of the Naira”, we have continued to observe that stakeholders in some of the subsectors have not been helpful in this direction. In particular, we have noted with grave concern that Bureau de Change (BDC) operators have abandoned the original objective of their establishment, which was to serve retail end users who need US$5,000 or less. Instead, they have become wholesale dealers in foreign exchange to the tune of millions of dollars per transaction. Thereafter, they use fake documentations like passport numbers, BVNs, boarding passes, and flight tickets to render weekly returns to the CBN..."


Despite the fact that Nigeria is the only country in the world where the Central Bank sells dollars directly to BDCs, operators in this segment have not reciprocated the Bank’s gesture to help maintain stability in the market. Whereas the Bank has continued to sell US Dollars at about N197 per dollar to these operators, they have in turned become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar. Given this rent-seeking behaviour, it is not surprising that since the CBN began to sell foreign exchange to BDCs, the number of operators have risen from a mere 74 in 2005 to 2,786 BDCs today. In addition, the CBN receives close to 150 new applications for BDC licenses every month.



http://www.dailytrust.com.ng/news/business/cbn-stops-forex-sale-to-bdcs/128327.html


Better to be late than never. Very good...



CBN lifts restriction on forex deposit


http://www.dailytrust.com.ng/news/business/cbn-lifts-restriction-on-forex-deposit/128313.html

ufotty2001:
transcorp making me proud.. @1.28.. waiting @ car park 1.20

ihedioramma:
guys? . gtb,zenith and fmn is coming to see us(investor's with low Capital).

Born2berich:
Anything insurance no concern me...Na oga 9free dey like insurance companies.

Born2berich:
Una wan give oga Manonamission HBP?

Agbalowomeri:
Oga I think you are the one that needs to be banned cos u'r distracting us. Please face front

tunjion:
As for Buhari. It is clear that war on corruption is witch hunting PDP and anybody that does not sing your praise.


Only time will tell. No be world we dey again?

PETERiCHY:
http://www.vanguardngr.com/2016/01/imf-md-arrives-to-hold-talks-with-buhari/

Buhari and his APC goons finally decide to sell Nigeria into slavery.
May GOD have mercy on the masses

locodemy:
[b]
0.05 kobo dividend is ready to drive nem above #1.00 per share from the current price of 0.68k.[/b]Dividends are not much expected this year.

currentprice:
not new then,,,,we have known nem with quarterly good result follow by abracata bra Audited result. though 5k dividend sure except they want to risk their capital raising

angelo82:
May God punish that animal that finds joy in dropping my name.............I am sure you have no portfolio or you have incurred irredeemable loss on FBNH............I know your original user name here...............The idiot is even addressing me as she?.............

I am not joking............

zendi:
This stock has just gotten back its strong fundamental - the name of Dangote. And it had been badly battered.
The offers will be coming, but demand will be overpowering it. Almost 10m units were sold today alone.
It has only about 1.5b shares in circulation. The rest are passed back and forth between Tigerbrands and Dangote.
It may not rise steeply (which stock will these days?), but it will be trending up,
barring a general market crash, God forbid.

Youngzedd:
Brutality from Stanbic IBTC

locodemy:
without being told you should know them by their fruits.SUWU first followed by other two unknown for now.