₦airaland Forum

kestolove95:
Wike..d caretaker governor

1di0t!!!

Jaideyone:
ediot under whose watch did Nigeria graduate from a healthy economy with high income to a country borrowing to pay salaries? how would you expect not to be delisted?

So because we borrowed money to pay salaries for one month under the last administration we were an unhealthy economy abi Okay now that we don't borrow to pay but have also been delisted, i guess we are dead economically or by your logic in coma abi?

A$$hole!!!

When oil prices were high and the government was saving in the ECA, wasn't it your APC scumbag governors fasola, amaechi, areGBESE and co who instigated the sharing the money campaign that the FG had no right to hold the money back from them calling GEJ and NOI all sort of defamatory and unsavoury names? Now with the fallout you Id1ots want to put the blame squarely on the shoulders of the immediate past FG thinking the rest of us have caught amnesia abi? 1mbecile!!!

Zeusd3:
this is really stupid.... my thanks for your observation.... serious buhari critics are just hating..... get a life n look before you limp....

After reading, it is more important you comprehend! Comprehension is far more important than reading.

Having said that, placing on negative index watch doesn't equate to delisting, the former is like being put on probation and the latter an outright sack!!! Before you start mouthing to the tune of "we were put on the watch under GEJ,s regime", remember that same regime got us listed in the first place and kept us there and while we were on probation given the fact that the price of oil was taking a major battering and there was a lot of uncertainty over the elections, we were never delisted!!!



But fast foward three months from may almost $7b has been lost by investors and still you want to lay the blame at jonathan's feet?

Don't stop chanting sai!

LasoulMacuby:
The keep shouting Buhari this, Buhari that yet where I work, I have not seen a single decline in gains, but profit and more profit than ever. Let them keep waiting for 5k.
Something me and my guys use for beer on a daily basis.
Buhari we believe u, keep sailing further, keep moving the country forward. U are the best

Where do you work?

Most likely Aisha buhari's money laundering bazaar/beauty parlour

northvietnam:
you mean dullar- dinho d ' Lima of daura

YeeeeeeeeeSuuuuuu!!!

Chaii!!! You badt sha

Btw, I think bubustik is related to king julien they both look and act funny, they both think the world should revolve around them and they both goof catastrophically on simple tasks but i will vote for king julien to be Nigeria's next president any day any time ahead of bubustik

omenka:
Gainfully employed as what- a PDP e-janitor?? It is such a pity you are not even doing a good job of it.

"Gainfully employed" yet you don't get to rest at night when others are resting, saving up energy for the next day's grind- rather you are sniffing under every single heap of garbage hoping to find a decomposing mass to gobble on and perhaps share with your fellow scavengers, and viola!!- you found one and apparently, you couldn't be happier!!

At least, this would cater for you needs for the next couple of hours before being overrun by a flurry of goodnews.

Another advice- get a good education you little clutterhead. You sound like an illiterate.

Yeah!! Co-Wailers to the rescue!! Assault vanguard, Fallout!!

See them grunting like wild boars on a feeding frenzy and not a dent is even made on the mark- very typical of opportunistic scavengers.

"He doesn't worth", one of them said- typical of their kind- a conglomerate of illiterates or at best, "adult education".

Got a truckload of work to do boys, I'd be damned if I spent a minute more throwing punches with crude deadbeats like you.

Hope you make the most of this special morning delicacy served you anemones by Pa Shuckwudi of House Wailers.

And typically like the APC rabid mongrel you are, you sidestep the real topic of conversation while deluding only yourself on how you have cleverly diverted attention from your shitty demigod buhari's falling and failing pack of cards. Address the issue at hand fool!! or you shut up like other smart APC supporters who read this thread and rightly found no worthy rebuttal for it and as such avoided it like it was laced with ebola.

Jaideyone:
cow under whose watch was Nigeria placed on the list? how come jona couldn't do something about it for 5 months? yet you expect buhari to perform a miracle in 100days

AnimAl!!!

In jona's 5 months we were not delisted, we were still on probation, under bubustik's 3 months we are already delisted. It was under jona's open market policy that we were listed in the first place ignoramus. Take your zombiefied sai chanting to numerical diarrhoea threads

Ehimzy:
Stop using the crap superman in the movies..use the all star superman or even better The New 52 on which the latest man of steel movie is based... Galactus swallows planets... you guys are singing Thanos with the infinity gauntlet..obviously you guys haven't read about the ultimate Thanos from marvel..the guy outgrew the power of the infinity gauntlet...said it was a trinket he didn't need... the only character in marvel to go toe to toe with the ultimate Thanos and still Live is Jean grey... In white hot ultimate phoenix mode..where she becomes the ultimate power of 7 universes combined

Bullshyte!!

Am obviously out of touch

But wait!! These characters are becoming too powerful

fx45:
Niqqa are you for real? The said Uche Orji is from which part of the country and in this administration? Wake up from your dream.

The 5%

omonnakoda:
You are the illiterate ,really . Have you ever invested anything in your life? Do yo know what an investment is or how the stock market works or what is purpose is?

On that same day Trillions of dollars were lost on bourses around the world and the only variable you can home in on was JP Morgan's irrelevant tantrum
The Nasdaq with a Market Cap over $8 trillion lost 1.15% yesterday OVER $80 BILLION
Nigeria's stock market loses $1.5 billion and suddenly it id Armageddon.
The Nasday is worth more than half of the US economy and not every US stock is on the NASDAQ while our stock exchange by comparison is 13% of our economy. We cannot expose ourselves to what JP Morgan is demanding we are too small and too vulnerable . That offer is no different from the GAY business offer. If that is the only way we will get Western money then they better keep it. We will deal with China and others who understand us better not opportunistic "investors"
There was other "NEWS" yesterday economic data about growth in China and Japan was disappointing and scared the market. Both economies are slowing as is growth globally. The futures market ( which does not exist in Nigeria) is having a ball amidst all the uncertainty but the stock market is NOT the economy and has little to do with politics whether PDP or APC
Since when did politicians take credit for stock market performance.
People putting money in the stock market are not investors they are speculators.
Investors take a major holding in a company and when they do such deals are not done on the floor of the exchange. They install their people into the management and participate in the management and operations of the business. Dangote setting up a cement plant in ameroun is an INVESTMENT. A faceless "pump and dump" fund no matter how big is a vulture not an investor. What kind of investor removes $8 bilion from a business in one day? Certainly a speculator

True i am not an economic guru as it is not my field of specialisation

Yes, i have traded on the stock market, by proxy anyway so yes i have previously invested and could be called an ex-investor

Yes, majority of those who buy stocks are speculators

But wait!!

What you didn't tell me is that the money used to purchase these stocks isn't real
You also didn't tell me that companies seeking to expand float stocks on the SE in order to raise funds for such expansion and yes, these stocks are also gobbled up by speculators especially!!
You also failed to mention that these companies employ many Nigerians and are small and medium scale enterprise or do buisness with small and medium scale enterprises creating a domino effect!!!
And yes, i would like you to tell me how this doesn't affect our economy negatively by virtue of your economic omniscience

And i would like you to tell me that this delisting decision which will make investors (especially foreign investors) pull out their funds isn't due to the economic directionlessness of our present super clueless government coupled with early warning signs of a possible closed market economy vis-a-vis CBN's new monetary policies and its bottleneck bureaucracy that is, added to the slump in global oil prices which necessitated our placement in the negative index watch in the first place.

So while the stock market might not be largely affected by politics (not significantly in Nigeria anyway), it is as you put it, a speculators market seriously affected by governance (or lack of it) and policy

And i see you are living in denial, don't stop, my guess is you have a government job or appointment, or you have political favours from benefactors to cash in on so you believe you are immune to this slump, but am sure it will affect someone you know! And if you don't really care about that someone, well, what else can i say?

Keep chanting sai while everything crumbles aroun you!!

Jaideyone:
ediot I hope you know the decision to delist Nigeria was made as far back as January when Jona was still president?

1diot!!!

Does placing on a negative index watch equate to delisting in the slimy cesspit you crawled out from?

January oil prices were dropping, an election predicted by many to be marred by violence, political unrest and possibly military takeover was looming hence the decision to place us on a negative index watch!!

September after a relatively peaceful transition, a government sits in office for more than 100 days with no economic plan, empty promises, makes policies that point to an end of the open market promoted by the previous administration and also restrict cash flow but only through cumbersome bureaucratic procedures which most investors are not ready to go through and you blame them from pulling out of your economy after JPmorgan rightly delisted us?

Grow some sense nigga

Kx:
So much for reading skills.


We are a bit too quick to trade blames.
Was Buhari the president in January 2015 when this whole JP M stuff started?

Yes we were placed on a negative index watch prior to our elections which any right thinking foreign investor would have likewise thought of in his/her mind at least even if they don't act on it and after the elections, over 100 days of economic directionlessness plus warning signs that we might soon be closing certain parts of our markets against competition in favour of possible monopolies tipped the scale for good against us, majority of the foreign and local investors are gamblers and speculators, so why should they place a stake on an odd predicted to be bad like Nigeria? Would you?

superstar1:
This is a lie from the pit of hell.

$8bn already left between January and now and the remaining $3bn can also leave by end of October. The effect on the money market can be reversed by CBN reducing CRR From 31% to 15-20%.

We need to make our bond more local content driven than foreign investors driven. That is the strength of China.

And am supposed to believe you against the publication because you're who or what?
Okay, then bring forward your proof that insider trading was being done on the floor of the NSE and in trading houses artificially bloating the value of stocks on the floor thereby covering the blatant fall in value of stocks/loss/withdrawal of investments that started since january 2015 or you can simply (I strongly recommend this) Shut the hell up!!!

fastlane84:
Sorry please I don't get it... $8b?? What about $20b went travel since .... Pls explain

Which phantom $20b I ask you?

Which $20b I ask you again?

I would like to believe that you're well educated enough not to compare ignorant and unproven rants of people with buccal diarrhoea who ought to know better to actual liquid investments and assets which are the life blood of many a company which employ many a worker who purchase goods and pay for services from many a trader and skilled labourer on the streets who we rightly or wrongly call the common men with the salaries they earn from these companies which would soon be downsizing and declaring bankruptcy and/or foreclosing that is your $20b vs $8b analysis one is the figment of an overactive imagination, the other a stark reality, i hope and pray you're not one of the many this reality would bite in the as$

chukwudi44:
Bros Na God hand we de.The illiterate is already navigating the country, let's just hope things dosent get too bad!!!

Doesn't get too bad?

Are you for real!!!!


Jobs are being lost in banking and finance, construction among others, every economic indices is taking a nosedive ever since the mai gworro of daura took over and you say "doesn't get too bad?" Okay!


Buhari!!


Buharri!!!!!

BUHARI!!!!!!!!

I know you Can hear me through your minions of paid agents and spies here on nairaland, bring back our NOI and redeem our economy from your body stench/odour

He never was a doctor

$8billion worth of investment expected to leave by the end of october!!!!!


Chissooooooooos!!!!


This is what you get when an illiterate runs your economy

I hope many workers have saved enough money, because many corporate jobs will be the first to go..................after some daft sai chanter will say the Jp morgan de-listing has no effect on the common man

olamigbemi:
God bless you oooo. 1 tin I kip correcting z d idea if tinking dat all ladies are same! 'Some' ladies do it not all! Moreover why would I get mad if u ask for my age. N anoda tin z d way guys ask too would determine d way d lady would answer n d kinda guy dat asks too would determine too.

Probably because You're still young and tightunexplored

Trailblazer1:
I hereby invoke APC economic think-tank on Nairaland to explain the economic implications of this action

you already know who it is

Ngeneukwenu, pls take the floor and educate us

You're joking right?

SenseiX:
Brace yourselves welfare seeking Nigerians, tough times are ahead.
The economy is heading for a recession by the last quarter of the year and if Iran is allowed to release more oil into the already over saturated oil market, oil price might even fall below $40.....
In the midst of all this, the country is yet to get an economic Marshall plan and even an economic team.
Okonjo Iweala's tireless efforts placed the Nigerian economy on a pedestal, kept us at constant 7% growth, single digit inflation, got us into the bond index etc while Bubu's body language or is it body odour has got us here.

HEAR HEAR!!!!


While i want buhari to fail, i want Nigeria to succeed, if the price of Nigeria succeeding is buhari succeeding, then so be it! The handwriting is on the wall already...........................mene mene, tekel pasin

Buhari you're been weighed

Buhari you're been measured

Buhari so far so badgood , you are likely to be found ______________

Papa and mama

More like 54million mainly northerners are illiterate and i mean no insult here please, illiteracy up north is an acceptable choice to many hence their sheepherd mentality

philips70:
Is ransacking and blocking of the National Assembly sanctimonious to your selective amnesia? Didn't you applaud the IGP and the president when they turned themselves into both the executive and the judiciary last year?
Was preventing Rivers state governor from entering into government house sanctimonious to you?
PDP and their minions have no right to cry these tears. When the DSS impinge on the right of true and law abiding Nigerians we shall call them to order. For now they are free to rid the country of unscrupulous elements masquerading as government officials. The era of impunity is gone. If you are not comfortable with decency, relocation is a viable option.

Haha! Gotcha!!! There be your change! change my left ball

Were they scattered before or after you won the election buhari?

Did you know or suspect that they were scattered before or after you won the election buhari?

Would they still have been scattered to the best of your knowledge if you had lost the election buhari?

*your right hand must be place on a koran and your left hand hooked to a lie detector while answering these questions *

And now that you know they are scattered, the answer is simple, gather them back together and return them to chibok and fulfil one of your main electioneering promises or are you going to delegate the denial of this promise to liar mohammed again?

Well, one can only be disappointed when they had expectations right?

Being a 5 percentile and an unapologetic wailer to boot! I can't be surprised or disappointed

divinehand2003:
I know Mr Wailing wailers will point accusing fingers in the direction of the opposition party now.
May his soul RIP.

@ whom would you have pointed your fingers if he were an APC stalwart? his estranged lover

emerged01:
so you get very long d.ck be careful o no use am anyhow before you run mad

I get inexhaustible supply of sane-o-pril which i pop before every **** so no shakings here

Too many varieties (gals) to settle for one

tobimillar:
Yes oo...hopefully


But look at her CV? Na wah oo...Nigerians dey go school sha

I am proud she is a Nigerian. Though I know she won't win but her name will be written in good and maybe just maybe in the next election she gets popular enough to win then....

No be lie oh! This woman na bookuru (scholar)

OP you dey madt sha!

divinehand2003:
Dear PDP,
THIS IS THE HEIGHT OF FRUSTRATION AND HOOLIGANISM. BUHARI IS STILL YOUR PRESIDENT, WHETHER YOU LIKE IT OR NOT. STOP BEHAVING LIKE SPOILT KIDS AND PUT MR. PRESIDENT'S PIX IN THAT YOUR SAD LOOKING OFFICES FOR ALL WE CARE. IF I WERE YOU MY DEAR PDP, I WOULD EVEN USE HIS ENCHANTING PIX AS THE PARTY'S DISPLAY PIX TO FORM FAKE SOLIDARITY SO THAT HE WILL SHOW MERCY WHEN THE WAHALA OF CORRUPTION LANDS IN OUR COURTYARD.
Sincerely yours.

Shut ya claptrap up!!

This is a very partisan building and not hanging buhari's portrait is within their rights and seeing as the APC don't take issue with that, neither should anyone else but of course, Daura security services can always storm the place and hang a portrait there while holding of protesters at gun point and discover an arms cache and a huge stash of british pound sterling in one fell swoop