₦airaland Forum

Chibuking81:
http://dailypost.ng/2018/10/07/atiku-said-winning-pdp-presidential-ticket-face-buhari-others/

POLITICS What Atiku said after winning PDP presidential ticket to face Buhari, othersPublished on October 7, 2018 By Nsikak Nseyen

Former Vice President, Atiku Abubakar, has reacted to his emergence as the People Democratic Party, PDP, presidential candidate ahead of the 2019 general elections.

Atiku polled the highest votes to defeat his closest rival, Aminu Tambuwal who polled 693.
In a swift reaction Atiku on his official Twitter page, the Turakin Adamawa thanked PDP for believing in him.

He wrote, ”@OfficialPDPNig, thank you for choosing me. This is a victory for all of us. The task to get Nigeria working again starts now. #NigeriaWillWork#LetsGetNigeriaWorkingAgain

locodemy:
just brace for impact.what you are going to see now,just reserve it for your Xmas celebrations.during the Xmas seasons,chibueze will enter the market like Antichrist with host of bears.They will make sure the Bonanza will work.They will be there till February.

Mcy56:
Me na trader na, I no fit wait for the bonanza period o.
Me self no get strength to dey drag share price with moneybags, by then person like me no go get any unit to buy self.
Me wey na tashere units I dey buy, I go come dey drag shares with likes of oga Chibu, CP, Agba, rationalmind?

currentprice:
with chart, i see a good SUPPORT around 28,500 levels, will investors wait till then, how will they feel in few week time when they started seeing PE of 1, 1.5 , 2 with Q3 result plus oyel near 100 mark

waliezi:
. But Wike has God and the people. He has impacted on the people's life by the numerous projects he has exe[center][/center]cuted and is still executing.

locodemy:
by the time we finish riding this particular bull on the table,your Bonanza go be small thing for us.The worst has already happened

Bishopking:
Bonanza is coming ���

Michael11stock:
BULL

locodemy:
$85.20.some stocks will be on bid tomorrow

pee30:
FAAC: Federation revenue increases by N27.04 bn in August
Posted By: Agency Report On: September 26, 2018 In:
Business, News Update
0 
Federal, states and local governments on Wednesday shared N741.84 billion as revenue generated in August, the News Agency of Nigeria (NAN) reports.
The figure indicated a N27.04 billion when compared to the N714.84 that was shared in July.
The Permanent Secretary, Federal Ministry of Finance, Mr Mahmoud Isa-Dutse made this known in Abuja while briefing newsmen on the outcome of the monthly Federation Account Allocation Committee (FAAC) meeting.
He said the increase was due to the increase in Crude oil exports sales volume, from 37.4 million barrels in July to 45.7 million barrels in August.
In addition, Isa-Dutse said that Value Added Tax, import duty, Petroleum Profit Tax increased in the month of August, while Companies Income Tax and oil royalty decreased.
Giving a breakdown of the revenue generated, the Permanent Secretary said that N451.29 billion was generated as mineral revenue, while N175.84 billion came as non-mineral revenue.
To this end, the minister said that Federal Government received N274.88 billion, states N139.42 billion and local government N107.49 billion.
He said that N53.03 billion was also shared among the oil producing states, representing 13 per cent of the oil revenue generated in the month of August.
Isa-Dutse said that because the revenue for the month surpassed their expectation, an equivalent of N40 billion was transferred into the Excess Crude Account (ECA), adding that the balance in the ECA account was 2.46 billion dollars.
On the allegation, that the Federal Government had recalled the second tranche of the Paris Club Refund from Delta, Imo, Benue, Rivers and Osun state, he said that the issue was not raised by the committee members.
Meanwhile, the Accountant-General of the Federation, Mr Ahmed Idris assured Civil Servants that their salaries would be paid on time, in spite of the threat by the Nigeria Labour Congress to go on strike.
The industrial strike is in furtherance of the implementation of the new National Minimum Wage. (NAN)

swilo:
Why am I the only one viewing this thread by 8:30pm? Has the world ended?

wanaj0:
It depends on what they are regulating.

CBN is there to ensure that depositors money are safe. They are not looking after interests of shareholders

SEC regulates capital market operators. SEC will not stop you from investing in any company that you like. They however ensure that the companies have full disclosure and appropriate fines accordingly.

It is the shareholders that should ensure good performance of the companies they invest in! Shareholders are the cause of the problem partly because they do not see themselves as 'owners' of the company. Owners should not behave like some shareholders are doing.

Regulators don't determine which shares we buy!

Yayira:
Not willing to accept responsibility for one’s recklessness means one still got a long way to go.
The day I was buying my Skye I saw “Missing Regulatory Filling” (MRF).. It was not there for no reason, it was there to let me know something ain’t alright and whatever is missing is goddamn important and i needed to see it before making any moves on Skye.
MRF was a warning to me but I ignored it.

When I see a bad result and still went head and buy that company’s stock, na my fault not the regulator not NSE
When there’s no results and there’s a warning but still went ahead to buy, na my fault double portion.

If tomorrow diamond bank disappear with my money I go come dey blame regulators ? No the only person I fit manage vex for small na dozie.

Please let’s let Skye Rest In Peace jeje and move on

Yayira:
Election and skye news not doing enough justice now is economic melt down ?
Keep up the good work..

Mpeace:
Abegi. na today we start hear melt down? Talk another thing pls. Pple have been shouting meltdown since 2014

phemmie06:
My sister It is not a matter of never say never, but it is a bitter truth even the Director of CBN confirmed it on channels sunrise yesterday that nothing like shareholders fund.
I am not heartless and I really feel for people in that bus. Even I engaged sir Dipo yesterday on his Twitter handle
https://mobile.twitter.com/phemmie04/status/1043459438714204161?s=19

https://twitter.com/phemmie04/status/1043257995205980160?s=19[/quote]Nigeria Stock Exchange is the more your look the less you see, it's political. Don't be surprise to see Zenith bank go the way of Intercontinental bank and Oceanic bank ( victims of circumstances), this one the founder during his book lunch was romancing with the chieftains of the ruling party, at change of government next year everything is possible.

Morgan capital has much to do with Skye bank, the late senator been the brother of the current PDP current senator/ about to be Osun state governor elect. Was the chairman of Morgan capital, after his death the chairmanship was transfer to one of the member of his family.
When senator Ademola Adeleke seek for APC senatorial primary to represent the party, he was denied of the flag, he then move to PDP with both members and supporters of his family to PDP and he won, still in the same platform he is now contesting for governorship, which he is also winning, APC want to manipulate, but they will fail.

The same will soon be the fate of Lagos state, the governor will decamp if the party deny him of their flag which is about, and 99% loading.
All these are pointing at stock bonanza period, which must surely come, If PDP comes to power, Access, UBA, Fidelity bank will all smile.
Zenith bank direction should be decide after election.
Because the current cabals in the present government will try to push their heavy money out from the system at change of government next year, due to fear of unknown.

aremso:
i was a longtimer before but my strategy now is, after qualifying for dividend, i wait few days/months, i dispose all and hold my money in treasury bills of not long days. I have learnt enuf lesson on NSE

Infinitisi:
The Skye Bank debacle should be a lesson to all of us (investors and traders) and I hope we do grab the learning points.

As an investor once the fundamental indicators which informed your decision to invest in a stock goes awry you need to re-evaluate your investment in the stock and take appropriate action.

For traders you can make money trading both healthy and dead/sickly stocks alike however trading in unhealthy companies comes with a higher level of risk because technical analysis only considers price action and volume without taking into consideration the underlying health of the company. Many do not factor in this higher risk factor because they are making money. This risk is even more amplified in our environment where the regulators don't take action till its to late.

Lessons learnt for me - aggressively monitor the environment and stocks you have positions in whether short or long term and do not IGNORE WARNING SIGNS AND RED FLAGS.

Red flags have regularly been posted on Diamond Bank, Oando and a few others. Do your due diligence and take appropriate action if those red flags are a cause of concern. The stock market will be here for a long time. There will always be new opportunities every now and then. Decisions should be made on analysis of facts and figures and not hope, sentiments or following the herd.

My prayer for us all is well propsper in the market.