₦airaland Forum

Please has Fidelity released their Q3 result ?
I don't understand why the stock is hovering between N1.90 and N2

600m of Zenith in one transaction

DeRuggedProf:
In times like this, we hire people to take a nap on our behalf, while we remain very vigilant....

You can go and sleep for Today The force of gravity has already won the battle for today.
The Okoro soup they are cooking is not selling today, let's wait and see what soup will be on the menu tomorrow.

Why does Morgan keep on disconnecting intermittently ? Does anyone experiencing the same ?

I sold some units yesterday from one of my bleeding portfolio at lost hoping to jump into Diamond. I thought it was an opportunity to recover my lost when Diamond was selling at N1.16. I was lucky by refusing to obey my itching fingers. I only bought less than 30000 units and waited for today to load. Na to sit down wait be dat till E reach N0.50-N0.60 junction...

GAZZUZZ:
Fuel pressure. Check fuel pump

Thanks GAZZUZZ.
I did a scan yesterday and it returned Code p1135. Of course it is related to fuel pressure as you said but it is still not clear to what part to change. Your professional advice will be highly appreciated before I proceed with the repairs.

@GAZZUZ,
I just came back yesterday from a long journey and i realized my car (toyota avalon 2003) stopped firing after i covered to 1st 100km. The car was behaving like the fuel was bad or empty or bad fuel pump. When the car came to near stop, i had to park hoping to find a mechanic. When i could not find any mechanic, i started the car again and was surprised it was moving fine for the next 50km. When i understood OFF/ON the engine solves temporary the problem, all i needed to do when it starts misfiring is to put the gear to neutral, off the engine and restart it again without stopping in order to proceed with my journey.I was able to make my journey of over 1000km using that trick.
Now that i am in town the car is moving fine since i don't have to cover long distance but i know the problem has not been resolved.
Please do you have any idea what could be the cause of this problem ?

Her support always leads to failure. If you doubt me, go and ask GEJ.

The founder of the Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, yesterday said Nigeria’s economy is headed in the right direction, describing 2016 as a terrible year for the economy.

Elumelu, who said this in an interview monitored on CNN yesterday, also disclosed that his Group would in the next few weeks, close a $2.5 billion oil asset acquisition deal in the country.


According to him, “things are changing in Nigeria and it appears our economic managers have finally gotten a strong grip on the economy.”

The Chairman of the United Bank for Africa Plc, however, pointed out that there was still room for improvement, stressing that as an investor in several sectors in the Nigerian economy, “I see improvement and I am optimistic about the future.”

“Oil prices going up is good and encouraging. Our group is in the process of closing a $2.5 billion oil asset acquisition in the country. We are doing this as a demonstration of confidence in the economy. If the economy was not good or improving, we would not be contemplating that

“The truth is that in 2016, we had a bit of challenge with capital control, but in 2018, we don’t have such any more. Access to dollar is now easy. I speak as someone who invests significantly in Nigeria.

“Raising $2.5 billion for investment would not come through if the foreign investors were scared about capital control,” he explained.

According to Elumelu who is also the Chairman of Heirs Holdings, a lot of investors outside the country don’t have enough information about Nigeria.


He stressed the need for policymakers to continue to take steps towards improving Ease of Doing business in the country so as to attract more capital inflow.

“I am a long-term investor, i was born in Africa and I made my money in Africa and i am happy to invest in Nigeria and other African countries.

“Today we have investments in 23 African countries. Ultimately, we keep making investments because it helps in creating wealth,” he added.

When asked about the sectors he is excited about, Elumelu said: “I am excited about oil and gas and I am excited in banking, most importantly, power. Power is important for me because Nigeria and Africa needs power to develop.

“Our group is the largest generator of electricity in Nigeria. But we can do more. We just need the debt we are owed in that sector. So, If I was to complain, I would complain about the debts owed us as power operator.

“In other sectors, I think things are improving. I think the CBN particularly has gotten the grip on the economy and a lot of windows and markets have been created for investors who want to bring in money into Nigeria and those who want to take out money from the country.

We should keep encouraging investors because we need massive investments in Nigeria to develop, to help create employment for our young ones and to help us alleviate poverty,” he added.

https://www.thisdaylive.com/index.php/2018/10/23/worst-days-over-for-nigerias-economy-says-elumelu/?amp&fbclid=IwAR30j3OIgYfMCQPfXG3Cm8bfTYhWRcP82PUQN7Znbh2rF5lu2xCmCpNsmAk

For the 99.99% that commented without reading the content, the warning is only for compliance with the guiding rules. READ BELOW:
“While this may be permissible, we advise you to ensure the utmost professionalism is employed in order to maintain editorial responsibility as indicated in our earlier letter dated 21st June, 2018 on the use of trending issues on social media.

“For the avoidance of doubt please note the following section of Nigeria broadcasting code; section 5.6.3 and 5.6.4

“Section 5.6.3: Broadcast shall take responsibility for all user generated content used on their medium

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“Please ensure compliance to avoid sanction.”

A friend of mine confided in me that he doesn't allow single ladies to lodge into his hotel because they convert the rooms for short time by bringing different men. They also allow their females friends to bring in their males customers turn by turn..

Social media is not really my thing, but I will try my best to keep up with you all. For now, let's continue to #Atikulate. Thank you all for the reception!

https://mobile.twitter.com/Peter__Obi

mendes911:
Food well cooked!

Mind you it is an audited result...

dbynonetwork:
More than 90% of that figure is from the yorubar region...There women love doing it skin to skin that is why they have so much single mothers..

Not true! Yoruba women were cultured into accepting that a man doesn't need to shoulder your responsibility. That's why they have many single mothers

Eni & Shell: Italian court convicts two in Nigeria oil corruption case


A Milan judge on Thursday sentenced two men to four years in prison in the first ruling of a corruption case involving oil giants Eni and Shell in Nigeria, a judicial source said. The judge also ordered the seizure of millions of dollars and Swiss francs from the pair, who acted as go-betweens in the attribution of Nigerian oil exploration rights worth hundreds of millions of dollars. Nigerian Emeka Obi and Italian Gianluca Di Nardo had requested an accelerated trial, which took place behind closed doors and allowed for lighter penalties if they were found guilty. The main trial of Eni and Shell for corruption opened in Milan in the spring. Both oil companies deny any wrongdoing. Italian magistrates suspect the two oil groups used bribes to obtain rights in 2011 to OPL245, an offshore oil block estimated to hold nine billion barrels of crude, for $1.3 billion (1.1 billion euros). Of that amount, $1.092 billion is believed to represent bribes paid to a London bank account that ended up going to various Nigerian politicians, including former oil minister Dan Etete. The Nigerian government received only $210 million. On Thursday, the Italian judge ordered $98.4 million seized from Obi, and 21 million Swiss francs ($21.8 million, 18.6 million euros) from Di Nardo after finding them guilty of “international corruption”. Their four-year prison sentences were slightly less than the two five-year terms sought by the prosecutor. But Barnaby Pace, a campaigner at anti-corruption group Global Witness, nevertheless hailed the convictions. “Today sees the first men fall in the murky Malabu scandal,” he said in a statement issued Thursday. “As Shell and Eni’s trial looms, time will tell whether it’s just the middlemen who pay the price for this epic crime against the Nigerian people,” he added. “But one thing’s for certain: this judgment will send shivers down the corporate spines of the oil industry — and will surely alarm Shell and Eni employees and shareholders who have been repeatedly told that there was nothing amiss with the OPL 245 deal.” According to Radiocor, the Italian economics information agency, Obi unwittingly revealed the affair by suing Etete in a London court for payment of his commission for setting up the deal. He won that case in 2013, receiving $114 million, of which $24 million was paid to Di Nardo. The main trial brought by Nigeria against Eni and Shell has scheduled its next hearing on September 26. A total of 13 people face charges, including Etete, Eni boss Claudio Descalzi and his predecessor, Paolo Scaroni.

Read more at: https://www.vanguardngr.com/2018/09/eni-shell-italian-court-convicts-two-in-nigeria-oil-corruption-case/

Bnez:
You mean this game is still going to continue without a last man standing. Abi you want me to bribe you with 5 million dollars ni.

Oya send your account number shaparly

Shaparly no dey my dictionary. Slow and steady wins the race

dainformant:
this happened yesterday. he went round the constituency or did you think his vehicle was not moving?, for you wanting to relate the 3 pictures at the same place. if you want to relate, then look at his attire.

I didn't pay close attention. I concur Fixed

I can't see any link between the first 2 pictures and the last picture. This could a separate and different gathering. Though I can't rule anything out with our politicians.

Juliusmalema:
News reaching high desk is that SECURITY forces........... SHUT SOMEBODY NOW IN ANAMBRA, PLEASE SIT AT HOME

This guy must be a strong man to survive a gun shot at head.

The Nigerian Navy has deployed 16 newly bought ships to the Niger Delta to guard critical oil infrastructure, local media report, quoting the Chief of the Nigerian Naval Staff. Still, the official said, the Nigerian Navy has a long way to go to eliminate the vessel capacity shortage it has been suffering.

The oil industry of Nigeria is vital for the country, which makes pipeline vandalism and other militant activity in the Niger Delta all the more problematic. In August, a report from the Nigeria Natural Resource Charter revealed that the country had lost some US$7.23 billion (2.6 trillion naira) from oil theft in just two years, 2016 and 2017.

Data from Chatham House suggests that in addition to oil theft in the Delta, Nigeria is also losing US$1.5 billion a month from pirates stealing oil. The figure was confirmed by Nigeria’s Vice President and is equal to the daily export value of the crude shipped via the Forcados terminal.

Things are so bad that Nigeria has been ranked the worst performer globally in terms of oil theft, ahead of Mexico, Russia, and Iran. Until this year, the country also had a major problem with militants in the Delta, whose attacks on pipelines and export terminals suspended oil transport capacity for months.

And militants are not the only ones that interfere with Nigeria’s oil industry. Exxon’s Qua Iboe terminal is currently under a blockade from former employees of the local unit of the company, who were laid off in July. Since then, they have been protesting at Qua Iboe, and Exxon says if the blockade continues it could affect its production. Qua Iboe has a daily capacity of 300,000 bpd of crude.

Nigeria’s oil production fell by 160,000 bpd in the second quarter of the year, to an average daily of 1.84 million bpd, Nigerian media reported earlier today.

By Irina Slav for Oilprice.com
https://oilprice.com/Latest-Energy-News/World-News/Nigerian-Navy-Deploys-16-Warships-To-Guard-Oil-Installations.html

Brent crude heading to $80 !!!!

moneywoman74:
Good morning House.

Please i need contact person of United Securities or any of their extension number has been emailing and calling their numbers i got from their websites no response from them.

Cheers


House please I am still waiting for your answer on my above request.

They will never answer you. Their customer service is terrible.
I can relate with your frustration because i went through hell for months before i got my issue sorted out even with the help of my broker visiting their office several times to disturb them for follow up.

This is how we roll it.

The Kano State Governor, Dr Abdullahi Ganduje, has signed an Executive Order of Open Government Partnership (OGP) as part of effort toward the fight against corruption, improve transparency and accountability in governance. Ganduje Abba Anwar, the Chief Press Secretary to Ganduje stated this in a statement he signed and made available to newsmen in Kano on Tuesday. He quoted the governor as saying that the signing of OGP was also part of the government renewed effort to improve citizens’ participation and access to public information. “Kano State has joined the Open Government Partnership to deepen institutional reforms, fight corruption, and grant citizens’ right of access to public records and information and to enable citizens to effectively participate in governance. “On the premise of answering the call of President Muhammadu Buhari, that Nigeria must fight corruption to standstill, Ganduje becomes very committed in the OGP project. “He believes that states also should copy from Buhari’s abhorrence to corrupt practices, “Ganduje said. The governor said with strong anti-corruption institutions in the state, the Executive Order would help in strengthening optimal performance within the enclave of global best practices fiscal discipline and transparency. “Kano state shall fully implement the Open Government Partnership (OGP) principles in its reform agenda. Every Ministry Department or Agency (MDA). “Every public institution in Kano state shall establish an office and appoint suitably trained officials as Open Government and Access to Information Officers to ensure effective implementation of this Order.” He said the state government would inaugurate State Steering Committee and Action Plan, within the next few days to ensure effective implementation of the order. (NAN)  

https://www.vanguardngr.com/2018/08/corruption-ganduje-signs-ogp-executive-order/?utm_source=&utm_medium=twitter

He should go and declare his intention in Kano: the headquarter of Kwankwansia . Why Abuja ? The fear of Kanawa is the beginning of wisdom.

British Prime Minister Theresa May is to visit Nigeria, South Africa and Kenya from Monday for the first time in order to forge new trade links for post-Brexit Britain.

Ms May becomes the first British leader to visit sub-Saharan Africa in five years, making a three-day trip that includes meetings with the presidents of South Africa, Nigeria and Kenya.

She is expected to meet with Nigeria’s President Muhammadu Buhari on Wednesday afternoon in Abuja, a source at the State House told PREMIUM TIMES.

She is one of the two top Western leaders the Nigerian leader will host within three days.

PREMIUM TIMES reported how the Nigerian leader will on Friday play host to German Chancellor, Angela Merkel.

For her visit, the British prime minister will bring a trade delegation with her in an attempt to boost Britain’s post-Brexit export prospects, although her visit comes at a time when the British government has been accused of a paying insufficient attention to the region.

https://www.premiumtimesng.com/news/headlines/281496-buhari-to-host-british-pm-theresa-may-two-days-before-german-chancellor-merkel.html

Let's be sincere to ourselves: initiating a project without plan for execution is not an achievement.
I am sure any government can initiate as many projects as they want per day if it is just for the sake of entering in the book of history.
I learned there are some projects that were initiated and abandoned years back but the present administration revisited them. This is what every sincere Nigerian should support and encourage the subsequent administrations to follow the foot steps for a better Nigeria. Government is about continuity...

BREAKING: Former UN Secretary General, Koffi Annan Dies At 80

Channels Television  
Updated August 18, 2018

Former United Nations Secretary-General, Koffi Annan has died at the age of 80.

The Nobel Peace Prize winner died in Switzerland after a brief illness.

He was the first black African to take up the role of the world’s top diplomat, serving two terms as the UN Secretary-General from 1997 to 2006.

Details coming…




https://www.channelstv.com/2018/08/18/breaking-former-un-secretary-general-koffi-annan-dies-at-80/?utm_source=TW&utm_medium=ChannelsTV-+AutoPoster&utm_campaign=SNAP%2Bfrom%2BChannels+Television

I had a similar experience with Samsung service centre. When i took my phone (S7 Edge) to fix the screen, they told me it will cost me N87k.
I did not think twice, i just decided to go for a new phone.

The guy don buy market. Hope he will be able to provide evidence of his claim.

I would have loved to see a comparison sheet of attendance for the previous NEC meetings to back up the statement.
That is how professional journalists present facts.