₦airaland Forum

What if u use "limit order" instead of "Market order"?

Iamsoulomon:
No bro the 10% is only on Nigerian stock and the mark up is not a fee so it won’t show in the calculator... bamboo doesn’t

In the picture is what I’m talking about, the price below is what you get charged per share

Thanks for the clarification.

Iamsoulomon:
No bro the 10% is only on Nigerian stock and the mark up is not a fee so it won’t show in the calculator... bamboo doesn’t

In the picture is what I’m talking about, the price below is what you get charged per share

Iamsoulomon:
Trove more than 2% and chaka mark up stock price 10%. Bro using meristem do you usually fill forms to receive your dividends?

Is the fees different as shown on their online fee calculator?

https://www.chaka.ng/calculator

Iamsoulomon:
Trove more than 2% and chaka mark up stock price 10%. Bro using meristem do you usually fill forms to receive your dividends?

Is this 10% Chaka mark up for both Nigerian and foreign stocks?

Any idea if Bamboo mark up too?

Doubleoh7:
So if i understand you correctly, you believe cost of crude went down only because Saudi Arabia is flooding the market?

Oil Market price was dragged down by 2 things - coronavirus and market flooding with excess crude oil. Corona virus alone would hv dragged the down say 10% while market flooding dragged it down say 50%.

I had to raise this market flooding drag because People where thinking the price will normalize once the Corona virus pandemic goes away.

Oil price will mildly improve after the pandemic but will still trade at range of $30 -$37. This is still a clear problem for Nigeria revenue, except a political/diplomatic intervention to cub excess world oil production.

100% correct

heisenberg33:
Most of you are only 50% correct. The price of oil is currently being hammered from 2 fronts: the corona virus and the price war between the Saudis and the Russians. The Corona virus is under-cutting oil price from the demand side, while the price war is undercutting oil price from the supply side. To explain further, the corona virus has caused the world economy to be grounded which has impacted oil demand negatively, and caused an over-supply of the commodity. Furthermore, the intentional ramping up of oil production by the Saudis and Russians has and will cause a further over-supply of the market, which will also depress prices. If you get rid of only one of these 2 causes weighing on oil demand, prices will still be way lower than where it was before all these started.

However you dissect it, Nigeria is in for a bleak future. The glory days of high oil price is over. Oil will almost certainly never be sold at $100+ a barrel ever again. The leaders of the country have failed it, with the tacit help of docile citizens.

Read the link below to understand why Corona virus doesn't have anything to do with oil price crash below $30. The oil sector would no longer be sufficient to support our revenue. Though Nigeria is still running on profit because cost of crude oil per barrel 15-18$ but is already re-strategizing for the long term on use of Pension funds for infrastructure development. OPEC might die if there's no intervention and Saudi controlling the oil market(using price power) having cost per barrel below $8.

https://edition.cnn.com/2020/03/20/perspectives/saudi-arabia-oil-market/index.html

Doubleoh7:
This will be my very first comment here and just to correct this misconception. Corona virus is the sole reason why the world's economy is in nosedive right now. China is the world's largest energy consumer and when the corona virus came(which incidentally began with them) their economy slowed down with lots of firms shutting down because of quarantine. This brought about a reduced demand for energy/crude oil. Now steps in OPEC, which by virtue of their existence as a cartel and their informal agreement with Russia, toggles production volume in relation to energy demand in order to maintain high crude price. But at this point, Russia refused to play with OPEC in reducing production output in order to maintain high prices hence the reason why the prices are dropping drastically. Saudi Arabia being who they are and having one of the lowest production costs per barrel in the world, are ready to keep flooding the market and crashing the prices further until they bring Russia to their knees and they come back to the table to agree(knowing fully well that Russia is also facing USA's economic sanctions already and may not be able to hold on for too long). However, with China claiming no new cases of Covid-19, firms previously shut down will commence operations, demand will gradually start building back up and as soon as other countries get out of the Corona induced lockdown, prices will eventually build back up as global demand will increase again.

olaidefat:
Corona virus impacted the demand negatively. The interplay between demand and supply will always find a new level of equilibrium price!!!

Note: the massive oil price drop don't have anything to do with Coronavirus. It's interplay with Russia trying to kill off American Oil shale producers since they don't want to ball with OPEC and are the major benefactors of the high oil price.

On Russia not agreeing to additional production cuts due to coronavirus, Saudi Arabia(including UAE) is ramping up production and selling at a lower price from May...which sent oil production(forcast now might drop to $10 dollars per barrel) less profitable than selling Eva water.

In conclusion, Nigeria remains on hot pan since oil price will still be low after Coronavirus pandemic. Except there is a diplomatic or political intervention to Cub excess production. Many oil economy dependent countries will remain in recession after Coronavirus pandemic except oil price rises.

HumbleVictor:
Dear Investor, your e-account number is 1345164651. Please proceed to make payment stating your e-account number as reference Regards.
Please what do I do next??

Call Stambic IBTC Asset Management to obtain their MMF account, then proceed and make payment (for the planned investment amount) quoting the supplied e-account number as reference during the bank transfer.

ify2016:
Which mutual fund is better for my monthly savings of 20k. ARM or IBTC? Or is there any financial institution called Mutual Fund for saving my money monthly? Very urgent please. Thanks

Start with Stanbic IBTC.

kalosbobo:
Please i need too.
send to my email mecheuz@yahoo.com
Thanks and Godbless

Have u received the past question? Please send to ezenandu_ice@yahoo.com.

The killer child should also be made to bear consequences of his actions. This should also make news.

Fake new from fake media.

Moneyfem:
WHY YOU SHOULD BEWARE OF UNLICENSED ONLINE SMALL LOAN APPs

Why are Nigerians so lazy in getting facts before coming out to spew trash? Complete your story with a further research and say how BVN will be used for fraud. Thanks. Stop spreading rumors. That's how Nigerians keep being incited wrongly with religion and ethnicity to all wrong things.

Liar!!! Borrowed pics

Abeyjide:
this guy don start again

Nigeria can't develop with this embryo unreasonable thinking. I recommend the study of Philosophy in secondary school to influence mind like yours.

From an anonymous Police man, each Police man deployed to Ekiti where paid 120k to shoot sporadically till election day to cause fear/weaken Fayose and his supporters. This will scare people from coming out on the election day and enable APC thugs have a full day to manipulate the election.

possible cause if their death is that they suffocated due to lack of oxygen inside the winded up glasses. During their act, lots of energy world have been burnt. Where are the kids? Dont want to predict where their souls is going?...please help me answer. More enjoying in ...(heaven, hell, Virgins)

Promo:For your Quality Blinds 6k for All window Sizes. https://www. jumia. com. ng/decorland/

OP shouldn't make us believe what with little will smell good as unattainable. Some people might be at the extreme, but not that they can't be helped.

Promo:For your Quality Blinds 6k for All window Sizes. https://www. jumia. com. ng/decorland/

No comment till November 1.

Visit for your blind
https:// www. jumia. com .ng/decorland/

cc. Gazzuzz

Can i use Toyota Prius for Uber, is the car stable in Nigeria in terms of maintenance?

Visit for your blind
https:// www. jumia. com .ng/decorland/

Jesus

Visit for your blind
https:// www. jumia. com .ng/decorland/

Wiz kid needs sense.

Visit for your blind
https:// www. jumia. com .ng/decorland/

Wizkid needs sense.

For your Window Blinds

https://www./decorland/

plz how much is Acura MDX 2004 double cell Radiator?

Mboi2:
Is it true that Uber now accepts 2000 model cars?

yes.

[quote author=slivertongue post=56524510]Never sat for WAEC[/quotue]

Lol...the case must continue till the end..That's how to stamp out corruption.

[quote author=slivertongue post=56524510]Never sat for WAEC[/quotue]

Lol...the case must continue till the end..That's how to stamp out corruption.