₦airaland Forum

ihedioramma:
Yes, that NESTLE get as it look like this year

Tritri:
Dont sale please i see FCMB at 1.70-1.90 in few months.

Mpeace:
Oga Ukay2, no put person inside monkey transport company. Wetin go mk Nb rise like that.

Chibuking81:
Please who know whether Nestle will drop to #500, Soon?

jideflash:
As a patriotic and hopeful Nigerian running a SME in nigeria with a small generator set (2.5kva) just to power few laptops, fans and other basic appliances in the office, if i include weekends as i tend to work at home also. i spend an average of N1,500 / day on fuel to generate electricity for just 10hours.
1,500 naira x 365 days = N547,500 yearly.

N547,500 is exclusive of maintenance and repairs, which comes often due to the Generator set overuse.

Lets not forget that Nigeria since 2015 has not produced a Litre of Petrol domestically, meaning All petrol consumed have been imported. Can you imagine the Revenue lost daily via Forex to this. Now with the total collapse of the Power Sector, we are only dependent on our Generators and Imported Fuel.

My Suggested Solution:
1. Improve the power generation back to atleast 5GW. this will give breathe back to still surviving companies and spring new ones.
2. Immediate repair of the Existing refineries, We need to stop our reliance on imported petrol especially in this time of volatile oil prices and escalated Forex Differential.
3. Give subsidy or incentives to alternative and renewable Power source. such as Solar and Wind ( which i feel should be Tax & Duty free). Most of the commercial-scale Wind turbines installed today are 2 MW in capcity and cost roughly $2-$3 million.
4. Setup of the modular refineries by harnessing the talents of the illegal operators in the ND, who already have showed possibility of local production is small scale.
5. Sincerely Develop the Niger Delta with action (not propaganda). Its their oil, they suffer most from it. If its not fair to them, the Restiveness will never end.

At the end of the day, We have a President that can Pickup Trump's call anytime but cant give Nigerians a simple 1 minute video to dispel the rumours of the death, Knowing quite well the rumours have a way of affecting economic and political decisions, hereby chasing away more Foreign and Local Investors.


#naijafacts #corruptiondonDo #RestoreOurPower #listenToyourPeople

locodemy:
seconded.

OBAGADAFFI:
You forgot WAPCO price appreciation moves at Jet speed.

If WAPCO drop N3 this year you wont get the stock @ N50.

Remember Conoil drama last year, people cannot buy after dividend was declared.

OBAGADAFFI:
They paid 300 kobo and 1 for 10 bonus last-year

Lets see what will happen this year.

OBAGADAFFI:
http://www.nse.com.ng/Financial_NewsDocs/16421_LAFARGE_AFRICA_PLC_BOARD_MEETING_CORPORATE_ACTIONS_FEBRUARY_2017.pdf

binaflexia:
Seriously guys!
Intendy is missing in action. He is a very vibrant member this community.
I thought we are BNSL. Let's see how we can reach out to check if he is okay

OBAGADAFFI:
Hunters!

OBAGADAFFI:
Hunters!

OBAGADAFFI:
Hunters!

OBAGADAFFI:
FCMB

4,075,7289(bid)

locodemy:
The heart of man is.................

fxuser:
FCMB
- support line moved up luring profit takers out
-

UCap
- opened higher, pull back ongoing
- new entrants waiting


Cadbury
- break below N9

Mpeace:
I also wonder why some people that bought at N1 will not sell at 1.24 to allow other share in what ever might become of this stock.

fxuser:
1.34 !
lets wait till 2.25PM wen the real market makers turn up

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/16409_ACCESS_BANK-DIVESTMENT_FROM_SIPML_CORPORATE_ACTIONS_FEBRUARY_2017.pdf