₦airaland Forum

@ ALL,

AS I OPEN MY CRYSTALL BALL I SEE B4 ME , ACCESS BANK.

But i ask myself why on Earth is ACCESS BANK doing all this is not clear to me my crystall ball warns me about ACCESS BANK, why but why oh why ACCESS BANK, My crystall ball emanating bad smell on the side of ACCESS BANK.

@ frankiriri,

HAPPY BIRTHDAY TO YOU AND MANY HAPPY RETURN MAY YOU CHOP MORE ROI ON YOUR PORTFOLIOS BIG GBOSA[i][/i],

Is this real because my crystal ball is on VACATION!!! ?

Latest information on upcoming Dangote Flour Offer for Sale

Posted Friday, July 13, 2007

Company valued at N75bn or $590m.

Price per share is N15.

Number of shares to be sold: 1.25bn of 5bn i.e. 25% of the company will be sold.

Offer date likely to be end of July i.e. within the next 2 weeks.

Offer duration will only be 10 days.

Firm underwriting by 11 issuing house (each house will underwrite N6.82 bn of the offer) – FCMB is the lead issuing house.

No preferential allotment – though the issuer has requested a proviso for business associates.

NSE quotation committee meeting will hold on the 17th of July and issuing houses are currently responding to some observations by SEC, these are the last regulatory hurdle that must be cleared prior to the offer.

Prospectus will be available as soon as the offer opens.

SOURCES:http://www.proshareng.com/myproshare/portal_news.php?id=2608.

@dollyp1cute,


You are wrong again and i said i disagree with you in all aspect, NSE is not a SHAMBLE take that, we still have many
rivers to cross no doubt about that and we shall crumble , stumble and rise till we get to the highest hight, if Rome was
not built in a day, why do you want total perfections from the NSE as you known its and still an emerging market, that still have to grow,just take a look at the history of London stock exchange DO YOU THINK ALL THERE PERFECTION START TODAY?

The London Stock Exchange is one of the world’s oldest stock exchanges and can trace its history back more than 300 years. Starting life in the coffee houses of 17th century London, the Exchange quickly grew to become the City’s most important financial institution. Over the centuries following, the Exchange has consistently led the way in developing a strong, well-regulated stock market and today lies at the heart of the global financial community.  

1698

John Castaing begins to issue “at this Office in Jonathan’s Coffee-house” a list of stock and commodity prices called “The Course of the Exchange and other things”. It is the earliest evidence of organised trading in marketable securities in London.

1698

Stock dealers are expelled from the Royal Exchange for rowdiness and start to operate in the streets and coffee houses nearby, in particular in Jonathan’s Coffee House in Change Alley.

1720

The wave of speculative fever known as the “South Sea Bubble” bursts.

1748

Fire sweeps through Change Alley, destroying most of the coffee houses. They are subsequently rebuilt.

1761

A group of 150 stock brokers and jobbers form a club at Jonathan's to buy and sell shares.

1773

The brokers erect their own building in Sweeting’s Alley, with a dealing room on the ground floor and a coffee room above. Briefly known as “New Jonathan’s”, members soon change the name to “The Stock Exchange”.

1801

On 3 March, the business reopens under a formal membership subscription basis. On this date, the first regulated exchange comes into existence in London, and the modern Stock Exchange is born.

1802

The Exchange moves into a new building in Capel Court.

1812

The first codified rule book is created.

1836

The first regional exchanges open in Manchester and Liverpool.

1845

More speculative fever – this time “Railway mania” – sweeps the country.

1854

The Stock Exchange is rebuilt.

1876

A new Deed of Settlement for the Stock Exchange comes into force.

1914

The Great War means the Exchange market is closed from the end of July until the new year. The Stock Exchange Battalion of Royal Fusiliers is formed – 1,600 volunteered, 400 never returned.

1923

The Exchange receives its own Coat of Arms, with the motto “Dictum Meum Pactum” (My Word is My Bond).

1939

The start of World War Two. The Exchange is closed for 6 days and reopens on 7 September. The floor of the House closes for only one more day, in 1945 due to damage from a V2 rocket – trading then continues in the basement.

1972

Her Majesty the Queen opens the Exchange's new 26-storey office block with its 23,000sq ft trading floor.

1973

First female members admitted to the market. The 11 British and Irish regional exchanges amalgamate with the London exchange.

1986

Deregulation of the market, known as “Big Bang”:

Ownership of member firms by an outside corporation is allowed.
All firms become broker/dealers able to operate in a dual capacity.
Minimum scales of commission are abolished.
Individual members cease to have voting rights.
Trading moves from being conducted face-to-face on a market floor to being performed via computer and telephone from separate dealing rooms.
The Exchange becomes a private limited company under the Companies Act 1985.

Please can you tell me how old is NSE, i accept we have some faults but all hope is not lost its still one of the highest return in the World.

@dollyp1cute,

Of course the NSE is a bit of shamble, and there is good money to be made now if you can gamble well before the wind blows to expose the anus of the crow then everyone will find his/her level. If you have done your home work to have bought a solid company then all you will need to do is have patience for the dust to settle before your stock picks up again.

You are totally wrong and i disagree wit you on all aspect, AN INVESTMENT CONFERENCE IS ON NOW AT MILLENNIUM HOTEL GROVERSNOR SQUARE IN LONDON TODAY. THEME: OPPORTUNITY IN NIGERIA, if you can make it you will discover more about the possibilities of the new AFRICAN TIGER NIGERIA, .

@dollyp1cute,

I find it hard to talk about Nigerian market as a "Normal Market" and @Roughcut all that capitalization business comparing it to South Africa is shambles, South Africa is seen as being more stable, transparent and less corrupted.

Unless NSE is properly regulated and transparent you can compare from now till tomorrow

What are you trying to say!!!!!!!!!!!!!!!!!!! that NSE is a shamble or what and take a look at your conclusion

Don't get me wrong there is money to be make in a short run

, i cant understand you

@ ALL

The following companies will be coming to the market very soon can we digest and made comments on which one to put our money in and why:

Diamond Bank, Access Bank, Fidelity Bank, GT Bank,

Obajana Cement, Dangote Flour, NAHCO, CCNN,

Capital Hotel, IGI, Nigeria Reinsurance, Nitel, Ecobank, ETI,

Kaduna Refinery, Port Harcourt Refinery, Japaul Oil & Maritime Services, Guaranty Trust Assurance,

Morison Industries, Skye Bank, FCMB, Continental Reinsurance, Wema Bank, Spring Bank,

Design Union Developing Limited (a key player in the real estate sector)

Costain West Africa Plc are expected to come to the market through initial public offers or public offers.

@ ALL,

AS I OPEN MY CRYSTALL BALL I SEE BEFORE ME!!!!!!!!,


Topic: Engaging Diaspora Skills in the labour market of their home countries: Opportunities and Challenges

Date: Thursday 12th July, 2007

Time: 9am-5pm

Venue: The National Council for Voluntary Organizations, Regent's Wharf, 8 All Saints Street, London, N1 9RL.

Aims and Objectives:

Rise in the level of professionals and skilled personnel going back to their home countries to fill up suitable opportunities
Information access to various opportunities
Understanding the challenges of the Black & ethnic minority communities in seeking and securing jobs in home countries
Shared learning on the challenges and opportunities available in home countries
Interactive workshop for engagement
Highlight the value in volunteerism
Target Audience

High-level Human Resources personnel from organizations with presence in target countries
Recruitment agencies involved in international postings
Skilled graduates, and other professionals resident in the UK
Invited Confirmed speakers and Organizations:

· Shell International UK
· Victor Banjo, Chief Human Resources Officer, Virgin Nigeria
· Chinwe Umealo, Procter and Gamble
· Joan Nwasike, Acting Human Resource Management Adviser / Adviser, Caribbean Desk, Commonwealth Secretariat
· Kuria Muchiru, Chief Operations Officer PriceWaterHouseCoopers Africa Central
· Beatrice Ochieng Human Resource Manager Reward and Business Processes. Horn East and Central Africa, Oxfam
· Ritesh S. Doshi
· Jacquie Muhati, Senior Marketing Manager, Europe & North America, Banking, Finance, & Insurance Division, Marcus Evans Group
· Alache Ode, Voluntary Service Overseas
· Clinton Foundation
· Sacha Chan Kam, International Organizationion
· Elizabeth Ebua Diaspora Volunteer .

So please dont say i dint tell you something BIG is cooking.

@ ALL,

We are all here to learn and to explore a way out off the present  situation we find ourself just let us take a look at these, for those that think Yankee is the ultimate i think they need to have a rethink, yes we have our own problems but the facts that we believe in our Country we shall over come just a peep into YANKEE details@davidylan

                           FROM A DECLARATION OF INDEPENDENCE TO A NATION OF DEPENDENT


Two hundred and thirty one years ago- July 4, 1776- the founding fathers of the United States met in Independence Hall and signed a document declaring America’s independence from oppressive British rule. But today America is again dependent, surviving on imports, debt and income from the sale of our best companies. While Americans this week celebrate our liberties, heritage and sacrifice of our soldiers, lets also remember these important statistics that are eroding our independence.
The Balance of Trade deficit was $765 billion or $1,450,000 per minute in 2006 and used, not to buy US Exports, but our core industries and means of production.
The U.S. national debt was $8.8 trillion as of June 2007, how will we ever earn enough to pay it?
With an estimated population of 302 million every American’s share of the debt is $29,130.
Ownership of the US Debt by other nations (loans to us) is astronomically high- and these countries can pull their holdings at any time, which could devastate the economy.

A nation with a large trade deficit is not that different from a person spending above his means. If you have had a successful career but suddenly lose your job, you still have a lot of credit available to you on your credit cards. Thus you can continue to enjoy a fine lifestyle for some time after your income stops. But if you do not find a new job in the end you will hit your credit limit and life will then change dramatically. This is not the equivalent of an individual having a perennial "trade deficit" with their local grocer while maintaining a surplus with their other employment and income accounts. The true analog would be as noted - an unemployed individual continuing to spend freely sustained temporarily with nothing but credit based on past worth.

@ denex,

Some of the problems can be solved by the government licensing foreign banks such as HSBC which have survived in countries where interest rates are below 5%.

,

You are wrong as at today the interest rate in UK as gone up from (0.2% to 5.25%), just to let you know we are all learning and our Country is part of the learning process.

@ lavile,

Our assertion is based purely on the way 9ja people are and if i may ask you who is government? was is not its people ,we can only move it forward if we provide solutions which as to starts from all of us imaging you bribing a LASMA official and you are not paying your tax simply because this or that look i tell you it wont work like that.

No Nations on Earth who does not have its problems let us kindly be finding ways of providing solutions to our numerous problems we can make a change the US your friends runs too are not exceptional they too make things work and we can do it in our Country also.

LONG LIVE NIGERIA.

@ ALL,

AMERICA IS NO LONGER COMPETITIVE

Kindly permit me to trow more lights into the above discussion which i found very interesting but the basic truth has been hidding from the public if you can see my point you will known that am right in my judgment's and opinion just take a closer look @ these:

FOREIGN OWNERSHIP OF SELECTED U.S. INDUSTRIES

Industry Percentage Foreign Owned
Sound recording industries 97%
Commodity contracts dealing and brokerage 79%
Motion picture and sound recording industries 75%
Metal ore mining 65%
Motion picture and video industries 64%

Wineries and distilleries 64%
Database, directory, and other publishers 63%
Book publishers 63%
Cement, concrete, lime, and gypsum product 62%
Engine, turbine and power transmission equipment 57%

Rubber product 53%
Nonmetallic mineral product manufacturing 53%
Plastics and rubber products manufacturing 52%
Plastics product 51%
Other insurance related activities 51%


OWNERSHIP OF U.S. FEDERAL GOVERNMENT PUBLIC DEBT
(US Treasuries in billions of dollars.

Japan 644.3


China 349.6

United Kingdom 239.1,
This data comes from the US Treasury.

@Frankiriri

We are interested we shall get back to you soon something BIG is cooking!!!

@ all,

Take a look @ this table:

JOS INTERNATIONAL BREWERIES PLC

ASSOCIATED BUS COMPANY PLC

POLY PRODUCTS (NIG) PLC

JAPAUL OIL AND MARITIME SERVICES PLC

WEST AFRICAN PROV.INS.COY.PLC

I smell something!!!!!!!!

@ ALL

For those who made it to the just conclude events @ Excel Venue in London i say a big kudos to your elbow it was a fruit full events and we gain a lots, GBOSA to Jobina,Refugio and co other nairaland who believe in this noble idea but who were not able to make it big up to u all i will post some docs to you for those who requested it.

     Resolutions as been adopted and pass down to Lagos and i hope we shall hear more very soon on the CLUB. Thanks to my crystall ball who gave me accurate informations regarding those who attend the events such as:

  DAG : Dr (Mrs) Ndi Okereke-Onyiuke
         Director General-The Nigeria Stock Exchange

  The Nigeria high commission to UK,
  Dr Christopher Kolade,  e.tc to mention just a view it was a huge success and more kudos to the DG and other stocks brokers like IBTC, BGL e.tc . for are on course for the foundation of the noble idea and everybody is welcome.

@ ALL

Can somebody shead more light on this info: Skye shelter fund goes public, offers 80 per cent dividend

SKYE Bank Plc has concluded arrangements for the public Offer of N2 billion Skye Shelter Fund (SSF) with a promise of 80 per cent of realised income to be paid out yearly as dividend.

;d

@Tmoni and ALL:

AS I OPEN MY CRYSTALL BALL I SEE:

Dr (Mrs) Ndi Okereke-Onyiuke
Director General-The Nigeria Stock Exchange

Informations emanating from my crystall ball indicating she will be there,so we needs loads of questions to hammer her, if any one has question she will pass down kindly let us know on this thread latest before 10:00am 2morrow. i spoke with ADEBISI and she assured me that she will be there live.

@ ALL

AS I OPEN MY CRYSTALL BALL I SEE BEFORE ME:

This coming Saturday will make our collective discussion come trough and we forward it down to Frank in Lagos, any body interested can hook me up on 07798830387 and i will compile all the list, TOGETHER WE SHALL RULE OUR FATHERLAND. . we sahll have first class knowledge of what is going on now in Nigeria stocks markets.

@ Tmoni, iceman75,and all

@ bigboylarry, thanks for the info.
Please, is everyone invited??
Would love to come, i live close to the venue

The events is FREE, will shall have a first hand informations regarding the suspended or unsuspended stocks brokers in Nigeria, we should used this opportunity to ask Mrs NDIDI loads of questions, hope u will all make it, once again its FREE! FREE!! FREE!!!. Tmoni thanx for Ur call i will ho la u later

@ ALL!


BREAKING NEWS:

UNIMAGINABLE GOLD DISCOVERED IN 9JA, UNIMAGINABLE GOLD DISCOVERED IN 9JA , UNIMAGINABLE GOLD DISCOVERED IN 9JA, just immediately has the strike of OIL in Oilcoast, 9JA Discovered plenty of GOLD. .

@ ALL

GOLD WILL SOON BE DISCOVER ABUNDANTLY IN NIGERIA, so no shaking if Ghana discover Oil Yara has tell us to start looking for GOLD! GOLD!! GOLD!!! all over the Country,

@ ALL

                                   AS I OPEN MY CRYSTALL BALL I SEE BEFORE ME:

                                   ENGINEERING FORUM OF NIGERIANS (EFN)
                                          4th Annual EFN Spring Event
                                 Investment and Development Opportunities in Nigeria

                                           Saturday 23rd June 2007
                                               11:00am – 5:30pm

                                              Venue:
                              Platinum Suite, Excel Centre
                               Royal Victoria Docks
                               London E16 1XL

                              Keynote Speaker:

                             Dr (Mrs) Ndi Okereke-Onyiuke
                          Director General-The Nigeria Stock Exchange

The event will open at 11:00 am with exhibitions and workshops from the participating organisations.

 There will be opportunities for one-to-one discussion on investment in the Nigeria Stock market, buying properties in
Nigeria and available mortgage facilities. You will also be able to hear about opportunities on the construction of the
new Lagos to Kano Railway by the Chinese contractors CCECC and meet the project contractors. The seminars will take
place between 2:00 and 5:00pm and will be followed by a reception.

                                                   Exhibition and Investment Workshops from 11:00 am

                                                   Seminars 2:00 – 5:00pm





                                                  Participating Organisations:
                                               
                                                     
                                                    The Nigeria Stock Exchange (NSE)
                                                     
                                                    First Bank of Nigeria (UK)
                                                     
                                                    Lagos Building Investment Company (LBIC)
                                                     
                                                    China Civil Engineering Construction Company (CCECC)
                                                     
                                                    Nigeria and UK based Investment and Mortgage organisations
                                                   
                                                     Eddy'O'Civil Engineering
                                                       
                                                    KAO Project Solutions
                                                     
                                                   AfricaRecruit/FindajobinAfrica.com
                                                     
                                                  Pivot Engineering/Honeywell Group(Nigeria)

To be informed is to be transformed hook up .

@ big b 1,

Let us learn from our lesson:
     You can see that these resources have fanned civil wars in Nigeria, the Democratic Republic of the Congo, the Republic of Congo, Angola, Liberia, Sierra Leone and Chad. Coups and mercenary incursions have occurred in almost all resource-rich African countries.
     
    The corruption and graft that follows the discovery of these resources has destroyed the social fabric of many of these so-called oil or mineral producing African countries. Bad governance, weak and inefficient institutions, poor accountability, crime and parasitic state employees (now a hallmark of these countries) have all contributed to chase Africa's best brains out of the continent.
    There is no doubt that this brain drain is negatively affecting the competence and the commitment of those left behind to negotiate trade terms with foreign partners and administer these countries.

@ALL

PLEASE READ THIS:
On Monday, the British firm Tullow Oil announced the discovery of the equivalent of 600 million barrels of oil off the coast of Ghana, one of the biggest oil discoveries in Africa in recent times. But is this discovery a good or bad omen?

Even though the actual exploitation of the oil is still several years down the road, many in Ghana are already celebrating.  "We're going to really zoom, accelerate, and if everything works, which I pray will happen positively, you come back in five years, and you'll see that Ghana truly is the African tiger, in economic terms, for development."

This type of exhilaration could be accepted as normal if it were coming from ordinary innocent Ghanaians. Ordinary Nigerians, Cameroonians, Congolese, Chadians, Angolans, etc. manifested this type of elation when oil was discovered in their respective countries. Today, it is no secret that after years of oil exploitation, most of the petroleum revenue in these countries simply disappeared. It is my opinion that Kufuor's elation about this oil find is a little bit naive. As a seasoned politician and African Union (AU) chairman, he is better placed to know that oil and other minerals have contributed more to African backwardness than the want of resources.

 Now tell me who is afraid of Ghanaian Oil??

@poster

Yes its real and live, after more than six years of searching from the wilderness they found abundant oil from formal name of goldcoast now to be called oilcoast.

@ chexxy,

Just try and read this informations:
National contributory pension scheme since its inception in June 2004, stands at about N70 billion ($538 million).

In addition to this amount, there is also a further N45 billion ($346 million) in public sector pensions funds currently held temporarily by the Central Bank of Nigeria (CBN), pending verification of the record of the account owners (civil servants with unclear employment records).

The amount is expected to be remitted to the Pension Fund Administrators (PFAs) for management as soon as the records of the owners were properly reconciled.

At present, there is an estimated inflow of about N5 billion ($38 million) per month in new pension assets to the PFAs. This amount is expected to increase to between N6 billion ($46 million) and N7 billion ($53 million) monthly by the end of 2007 as more private sector employers begin to comply with PENCOM regulations and remit funds to PFAs, he said.

All these figures present an evaluation of the level of liquidity in the stocks of the Top 50 and also describe the current size and distribution of pension assets in Nigeria. "The objective is to analyse the current level of liquidity of these Top 50 stocks, while attempting to measure the impact of the recent (and substantial) inflow of pension assets on market liquidity", and smelling of big money,kudi,ego,owo its waiting to blow up the market.

@chexxy and all,

This is the time to be ALIVE and live in a great Country full of honey and milk, i swear this is the time to be in 9JA 4 real:

MONEY: PENSION FUND, IT SHALL BLOW UP THE MARKET COMING SOON WITH LOADS OF UPDATE GET SET TO MAKE MONEY, MORE MONEY NO WONDER MY CRYSTAL BALL TELLS ME THAT THE RATE OF INVESTMENTS RETURN IN NIGERIA WILL BE THE HIGHEST IN THE WORLD TILL 2099.

@omoba3

Am not saying he should used any of the mentioned stocker brokers i lay out or wheter cashcsah or cashcraft as they where know were okay or not. but no matter how you can discussed your problems with them and find solutions and just giving out list of stocks brokers we have, Am with IBTC you can give them a try if u like.

@ mt

It all boils down to your taste and fashion to be honest with you u don't need all that 10m or 5m to relocate even in abroad or UK were am based its not easy to get such amount of money just like that u know it. But all depends on you first and foremost. i was in Nigeria in Dec last year and i stay 4 4 months and all the fair and all the saying Na lie my brother u can come and see things 4 Ur self.

once u have a good stocks broker u have account with couples with Ur money, leave out lekki or ajah axis 4 now wit Ur biz and trading of stock, starts wit small car i bet u from ikeja or magodo u will land in LEKKI within a year, trust ourself, THERE IS NO PLACE LIKE HOME .

@ ALL

As i open my crystal ball i see before me a big bang thats about to blow up: PENSION FUND MONEY MONEY OF PENSION PENSION OF FUND MONEY or what ever name they call it its going to over blow up the price of stocks coming soon, this is the rite time to be in Nigeria its smelling of LOTS of CASH,OWO, EGO, KUDI.

@panadol

The choice is yours as i open my crystal ball and gaze is see the followings:

1-BGL SECURITIES LIMITED
2-CASHCRAFT ASSET MANAGEMENT LIMITED
3-AFRINVEST WEST AFRICA
4-AMYN INVESTMENTS LIMITED
5-CAPITAL BANCORP LIMITED
6-FSDH SECURITIES LIMITED
7-IBTC ASSET MANAGEMENT LIMITED
8- ZENITH SECURITIES
9CENTER-POINT INVESTMENT LIMITED
10-UNION CAPITAL MARKETS LIMITED.

  To mention just a view you can get across to them and make your choice its afree world.