₦airaland Forum

I'll sell when it gets to 3.22. That should be a fair exit point

feelamong:
http://www.cnbcafrica.com/news/western-africa/2016/06/23/fitch-downgrades-nigeria/

make una sell una UCAP o!

We shall see

ibe9ja:
Transcorp will nosedive today.

Pls can somebody ask fayose how many times Aisha has travelled with PMB since he has been moving all around the globe.

Nigerian youths,please get some sense and stop ranting on social media biko,hanhan

http://www.nse.com.ng/Financial_NewsDocs/14036_UNION_DICON_SALT_-_INVESTMENTS_CORPORATE_ACTIONS_JUNE_2016.pdf

Seems this guys will soon be the largest investors when it comes to crop production in Nigeria

I entered way back in April

Godisfaithful:
As Sir Intendy stated, you will be qualify for the dividend (and bonus) and this depend on when you enter or bought the stock!

Abeg if I sell my wapco today, I hope i'll still qualify for dividend and bonus issue.
cc: Godisfaithful, Intendy, Megainvest, Manonamission

A big thank you to the men behind this sweet GSK ride . Abeg carry us reach 20naira before una stop o

Boss, the bus is still running on 2km/hr am sure you can still catch up

Manonamission:
Shey na like this Transcorp go dey rise? Failed to take position when I should have.

https://www.proshareng.com/news/Investors%20NewsBeat/Wapic-Insurance-Plc-Establishes-a-Non-Capital-Raising-Global-Depository-Receipt/31428
We are pleased to inform you that Wapic Insurance Plc has formally established a Global Depository Receipt (GDR) Program.

The GDR was established by the Bank of New York Mellon (BNY) as the depository bank and has been StanbicIBTC Bank Plc as the local custodian bank, was formally announced on June 15, 2016.

Wapic Insurance Plc is the first Nigerian insurance company to establish a GDR Program.

This Level 1 sponsored GDR is based on the shares of the company currently in issue an is not accompanied by a listing or capital raising.

The GDR will however provide the Company and indeed the Nigerian Insurance industry a measure of exposure to the North American and European capital markets.

The program will also increase the Company’s options for its overall investor base whilst offering the stability of the USD denominated certificates.

We thank you for your support which has made it possible for Wapic to record this significant milestone.

What does this portend for the stock and it bottomline in general.

Chairman stop digging up old new na. We want latest latest

OBAGADAFFI:
http://www.premiumtimesng.com/business/172332-skye-bank-chairman-ayeni-sahara-energy-owner-tonye-cole-others-buy-nitel-mtel.html

I hope you were able to catch the bus

locodemy:
10-12 naira? pls pls make una allow this falling knife to reach ground naw......

Zenith: 16.69
FCMB: 1.66
Diamond: 2.17

Mfunkynation:
pls wat d close price of zenith, fcmb, diamond

How was the FX OTC mkt today.

That table is only considering 2 criteria or yardstick. If you factor in the 3rd one which the foreign exchange ish, UBA should be on that list.

Godisfaithful:
As foreign exchange flexibility programs take off on Monday, June 20th, 2016; know as the banks stand...

Best of luck!

This news isn't on CBN website like the previously released one.

Coolcash1:
Good one...

They have boboed us again

jimmysho:
in villa

Street go take @ 10-12 naira bus stop

feelamong:
Oga This GSk has been featuring back to back to back on this ur 52 weeks low album o!

when is the street taking this over na?

3 bedroom bungalow at Victory Estate, Idimu, Egbeda. Price N12m only. Deed of Assignment, Registered Survey, Receipt from family.

Email me at shittuolalekan59@yahoo.com or Whatzapp on 07065945841/08082092462. No calls pls as am currently roaming from Cote D'ivoire.

Full guideline dey here. Make una check am. http://www.cenbank.org/Out/2016/CCD/Revised%20Guidelines%20for%20Flexible%20Exchange%20Rate%20MarketJune%202016%20v1.pdf

This line caught my attention though

2.3.4 Inter-bank funds shall NOT be sold to Bureaux-de- Change.

Abeg provide link

fxuser:
Emefiele live on CNBC

http://www.cnbcafrica.com/tv/cnbc-africa-live/

46m sold already in UBA

Is Itrade working?

That isn't beauty to be till she puts off all the makeup and go on a natural hair do. That's what I call naturally endowed.
By the way, Black is beautiful

Bad decision I poted out at 0.88k . E pain me sha o

Primetech:
No Offer for Unity Bank...chai...

Oga in a sane society. There's what you call a second attempt where the student's mark is peg at a point, that way you can still get smtn in assessment and struggle for beta grades in exam.

I don't know why our education system is so archaic that everything has to be like a privilege.

eleko1:
when u slander odas,u lower UR'"own" prestige. I'm not here in support of anY randy goats in form of one Dr Bello/Prof Waidi.If the said lecturer had upgrade her result,she'll kip quiet.U missed ur test,fine.Ur best bet is to resit it/read to pass ur exam not going around knocking lecturer "door mouth"/kneeling down to do magomago.Dis is why I like them Deeper life girls.U failed,U resit.Simple

Intendy/Megainvest, Which of them have same brokerage fee as morgan capital or close to it

megainvest:
True bro. As they say, "Salvation is personal". Let him start from Genesis.

I believe today is Friday in Nigeria, where's the list the FG promised to release of stolen funds that were returned.

Wednesday, June 01, 2016 7.13AM / Press Release

The attention of the Nigeria Customs Service has been drawn to a misleading publication in some online platforms claiming that the Service has announced N285 per dollar for duty calculation as from 1st June 2016.

For the avoidance of doubt, the responsibility of fixing official duty rates is the function of the Central Bank of Nigeria (CBN) hence the Service could not have been the one to announce a new official rate as purported in the publication that gave no source. The extant rate issued by CBN which is still the basis for duty calculation is N197.

Nigeria Customs Service has not received any new rate from the CBN neither is it aware of any dissemination of contrary information on this subject matter.

The General Public is therefore advised to discountenance the misleading publication and continue to comply with the extant rates until such a time as may be deemed fit for review by the CBN.

Wale Adeniyi



Public Relations Officer

Comptroller-General of Customs

https://www.proshareng.com/news/Taxation/Nigeria-Customs---Continue-with-Extant-R/31242
I think people on nairaland you be wary of the news they pay attention to. Some times in the week, there was a news on the front page claiming Nigeria Customs will now use 285 naira as the exchange rate for paying for duties. Lets not be in a hurry to comment or jump into conclusion. News such as this can affect our investment decision positively or negatively. Happy trading day

How does Pre-market look today