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My blog is www.naijalowa.com
It is updated multiple times a day and contains the latest news, reports, analysis and research of the different companies on the stock exchange.

You can get the latest news on stocks and results from the following websites:

www.naijalowa.com
www.proshareng.com
www.financialnigeria.com
www.nsepro.com

Please add other websites so that others can benefit.

Please does anyone know who is the registrar for AP? I bought some shares years ago. I havent received dividends for years now and I was adviced to go to the registrars.

Get the book, The Millionaire Meditation: Stress Management for Wall Street, Corporate America and Entrepreneurs by Paul B. Farrell free. It is a book that explains the benefit of meditation and creativity. It can be downloaded naijalowa.com:

moche:

I am very sorry because i know this is not the right place to post this but since trading has not started ,this can help in deciding between Obama and Clinton if u can vote.

When Hillary Clinton threw her hat in the senatorial ring in 1999, one Sikh donor with business interests in India enriched her to the tune of $50 thousand-and she enriched him with access. The Sikh is a millionaire whose circumstances suggest may be living on "borrowed" wealth. The man is hotel-restaurant mogel Sant Singh Chatwal. Chatwal a naturalized citizen from India who initially raised $500 thousand for Clinton in a fundraiser in his Upper Eastside penthouse. Chatwal reportedly committed 14 entities controlled by him to donate $210 thousand of that amount to Hillary's first campaign for the US Senate. Not in the least surprising is the fact that Chatwal is also a key Trustee of the William J. Clinton Foundation.
Chatwal, a US tax deadbeat since at least 1996 (and a debt deadbeat before that) began donating to Bill and Hillary Clinton early in the Clinton years. The Clintons reciprocated (that old political quid pro quo) by approving grants to Indian-American advocacy groups that were used to finance the outsourcing of jobs from the United States to India. Beginning in 1996 Cisco Systems (another major Clinton donor) began laying off $60 thousand-plus high tech employees and replacing them with new hires from Bangalore, India for about half the dollars. Cisco Systems justified the hirings, claiming they could not find qualified employees in the United States. By 1998 Cisco had only a handful of Infosys Technology workers overseas (Infosys is an outsourcer of jobs to India). Most of their 850 employees are now Indian. (Infosys has just launched an IT subsidiary in Monterray, Mexico to outsource outsourced jobs from India to Mexico.) In 2006 Newsweek reported that Cisco System's R& facility-employing 3,000 people, would be located in India. (Bill Clinton received $300 thousand from Cisco in 2006 for two speeches at $150 thousand per speech. Cisco employees-those who still had jobs-donated $39,450 to Hillary.)
Bill Clinton invested upwards of $50 thousand in an Indian bill paying company through his WJC Investments, LLP when outsourcing became a hot property. The company, Easy Bill Limited, is an Indian corporation. Easy Bill functions as a one-stop bill paying outlet for utility bills, credit card bills or any other debts you pay online. (It's website, www.easybillindia.com (does not conceal from anyone interested in billing collection services that they are outsourcing to India).
In 2004 Congress-and several States-attempted to enact anti- outsourcing laws. In March, 2004 the Senate approved an amendment by Sen. Chris Dodd [D-CT] disallowing tax dollars from being used to facilitate the outsourcing of American jobs. A day earlier, Congressman Bernie Sanders [I-VT] (now one of Vermont's two US Senators) introduced a bill that would deny grants or loans to any company that outsourced jobs if they laid off workers in the United States to a greater level than layoffs of employees in any other country in the world. Several industrial States attempted to enact anti-outsourcing laws that year, but those bills either failed and were defanged before passage.

As pressure mounted to kill outsourcing, Hillary Clinton, John Kerry, and Chuck Schumer were instrumental in created the Senate India Caucus (which was "coordinated" by the US India Political Action committee) to lobby Senators who were attempting to derail job outsourcing. When the Caucus was formed, Hillary Clinton told Roll Call that ", [i]t is imperative that the United States do everything possible to reach out to India. This Caucus is dedicated to expanding areas of agreement with India and engaging in a candid dialogue of differences." With their money in her pocket, what else could she say? Hillary is a co-chairman of the Caucus. On the House side, Hillary's allies are House Speaker Nancy Pelosi and Congressman Joe Crowley [D-NY]. (If your job has been outsourced, you now know who to thank.)

In 2005 when it appeared outsourcing would have stiff penalties, Clinton and Chatwal went to India on Feb. 28 to personally assure Hillary's constituents in the New York suburbs of Punjab that outsourcing was safe and that the United States government would make no attempt to save the jobs being lost to outsourcing. (At a recent fundraiser hosted for Hillary by Dr. Rajwant Singh at his Potomac, Maryland home-who raised $50 thousand for Clinton that evening-the Senator joked "I can certainly run for the Senate seat in Punjab and win easily."
Meanwhile, back to Chatwal. In March, 2007-after Clinton and Chatwal returned from India-Chatwal committed to raising $5 million for Hillary's presidential campaign. "Outsourcing," she had assured her "Punjab" constituents in India on Feb. 28, 2007, "will continue. There is no way to legislate against reality. We are not in favor of putting up fences." Not even, apparently, one on the border. Shortly after returning to the United States, the Delaware-based IT Professionals Association of America [ITPAA]-which represents IT professionals nationwide-voted Hillary Clinton its "Weasel Award," which is given each year to business and political leaders who betray the trust of the American people.
Unlike Clinton fundraiser Norman Hsu who stole over $1 million on his road to being Beijing's 2008 Straw Man to infuse Hillary Clinton's campaign with yuan, Chatwal was accused of defrauding the New York branch of the Bank of India out of $9 million he borrowed from them in 1994 and never paid back. As he prepared to board a plane with Bill Clinton in 2001 he was arrested because he owed the City of New York $2.4 million. He posted a bond and flew to India with Clinton (perhaps to visit Hillary's constituents in Punjab). He was arrested in India on the Bank of India matter. He posted bail equivalent to $32,000 and jumped bail by boarding a flight to Vienna. After borrowing that $9 million, he borrowed $14 million from the First New York Bank for Business-and skipped. The bank failed. The FDIC sued him for obtaining improper loans from a bank-Chatwal was one of the bank's directors.
Chatwal is a tax deadbeat who believes only the working class pays taxes. And, with the help of Bill and Hillary Clinton he made that belief a reality. Chatwal, who was contributing handsomely to the Clintons at the time, testified in his court hearing that his net worth was $2,600.00, and that he had less than $100 in cash to his name. Yet, he lived in a 7,000 square foot luxury penthouse apartment. In a settlement with the Clinton Administration's FDIC, Chatwal agreed to pay the federal government $125 thousand-and the government agreed to drop its allegations that Chatwal defrauded the bank and made false financial statements to hide his assets. The American taxpayers absorbed $13.9 million of the loss and Chatwal continued to financially enable his friends in the White House. (Chatwal said the penthouse was purchased by his wife, Pardaman, for $1.8 million in 1987. The loan came from another bank where Chatwal served as a director. Ownership of the penthouse was transferred to a real estate company owned by Chatwal's brother, Iqbal Chatwal. Sant Singh Chatwal occupies it with "an oral lease." It is unclear whether or not that loan was ever paid back. Chatwal's history of paying back loans suggests it was not. The transfer of ownership appears to have been used to dispose of the penthouse to avoid repossession by the bank.

Chatwal claims that, at one time, he was worth $45 million. When he filed personal bankruptcy he also filed for Chapter Seven bankruptcy protection on his 56 Bombay Palace restaurants. Chatwal owed the City of New York more than $2.4 million in back taxes which have never been paid. The IRS is chasing Chatwal for $4 million in unpaid business taxes and the State of New York is chasing him for more than $5 million in back taxes. Across the ocean, India wants to put him on trial him for bank fraud. Yet, when reporters asked Clinton spokesman Phil Singer if there was anything in Chatwal's background that should be a cause for concern (after the Norman Hsu flap), Singer said, "No, " adding that major fundraisers are routinely vetted ", through publicly available records." (Which ones, I wonder? All of the information in this article came from "publicly available records."
Meanwhile, back to Hillary Clinton. Despite the aggressive courtship of labor unions by the upper tier Democrats (i.e., Hillary Clinton, John Edwards and Barack Obama), the major unions have withheld their endorsements as they scrutinize the candidates over their position on one core issue-the job drain to countries without binding arbitration rights for labor. Before they rubber stamp the next nominee, labor wants [a] a definitive explanation how that candidate will stem the flow of jobs-in particular the large number of high paid service and technology sector jobs-that are being taken over by outsourced low income workers in India, and [b] they want signed pledges from the candidates that they will stop the drain.
Labor unions are taking a close look at the histories of the Democratic candidates-and some labor leaders have found Sen. Clinton's record alarming. Thea Lee, policy director for the AFL-CIO said ", [t]he India issue is still something people are concerned about. Her financial relationships, her quotes-they have both gotten attention." But even more, Clinton-who needs the endorsement of big labor to win the nomination-has had closed door meetings with Big Labor to explain her ties with Chatwal and the Indian companies that are profiting from contracts with American corporations who are outsourcing their jobs to increase their profit margins.
Labor is pressing Clinton to mitigate her support for expanding temporary work visas. The AFL-CIO has questioned the Senator on the help she provided to an Indian company that was allowed to establish an American beachhead in New York state. Hillary Clinton-like most liberals who think you can take a worker's $60 thousand per year job and give them welfare and schooling allowances to retrain them to survive on a $30 thousand service sector job a year or two down the road-after they lose everything in a bankruptcy that's now almost impossible to file-has sponsored legislation to provide retraining funds for American workers whose jobs were outsourced ue largely to her efforts and those of her liberal allies in the US Senate.
Clinton has declined repeated requests from the liberal Washington Post for an interview about her version of the outsourcing story. Her spokespeople claim there are no inconsistencies between statements she has made here or in India with regard to her conduct as a US Senator. The Senator, they said, believes in the free enterprise system and she opposes legislation to restrict outsourcing since that would be a restrain of free trade-even to slow the loss of American jobs. But, they added, she has worked hard to provide funds to assist workers who lost their jobs due to outsourcing. In an added insult to the American people, another Clinton spokesman said Hillary ", believes that we must make sure that we are not allowing other countries to take advantage of American workers, and that we do not have policies in place that actually promote outsourcing of American jobs."
At a recent fundraiser in Los Angeles, the host of the event, Nadadur Vardhan told his guests that they should support Hillary Clinton because she will shift more jobs to India. At another fundraiser, Hillary pledged her support to the Indian community and pressed Indian companies to invest more of their profits in the United States to pay the country back for the jobs they got through outsourcing. "If the United States continues to outsource jobs to India in increasingly large numbers, people will begin to feel insecure and may very well seek more protection against what they view as unfair competition. America is not just a marketplace to get a foothold in. It's a place to make lasting investments that will create jobs and economic growth for everyone."
Sanjay Puri-the head of the nation's largest Indian-American fundraising PAC-noted that ", [t]he Clintons made a special effort. They went to India. They made a real attempt to reach out to Indian-Americans at a time when no one else had done that." If that's true, then we can blame the Clintons for every outsourced job that went to India. India is, after all, Hillary's second most important constituent-after China. it's a shame she doesn't fight for the people of New York-or the United States-as hard as she does those who fill her war chest. Too bad the people of the People's Republic of China or India don't vote here. Hillary could use the votes.
Between Bill and Hillary Clinton, the Clintons have made 8 trips to India-and scores of fundraising visits to Indian-American PAC groups within this country. One of the Clinton's India-connections Vinod Gupta, the founder of a Nebraska data processing company who had donated over $1 million to Clinton political causes during the Clinton years-and who paid "private citizen" Bill Clinton $3.3 million as a business consultant.
I guess the 1992 campaign rhetoric Bill Clinton used to describe the co-presidency still applies. "When you elect one of us, you get both." Only this time it isn't the love-hate co-presidency of Billhilly Clinton, its the co-senatorship of Hillbilly Clinton. The first time around, Hillary took the gratuities Bill couldn't take. This time around, Bill is taking the gratuities Hillary can't take. And, between them both, they licked they platter clean. The Clintons apparently still believe the adage, "You can con some of the people some of the time, but when the media remains silent, you can con all of the people all of the time. Or, at least, you can escape due process."


Will voters in Texas and Ohio, particularly blue collar workers who have seen jobs disappearing thanks to the efforts of both Hillary and Bill Clinton hold them accountable for the many ways they have contributed to this downturn in the economy, or will they buy the bilgewater that is going to be supplied to them via the airwaves about Hillary's alleged superiority on the subject of the economy. A group of very wealthy individuals as well as corporate special interest groups (many from the state of California) have formed a 527 group which will allow them to exceed the maximum legal amount they can contribute directly to Clinton's campaign for the purpose of flooding the airwaves in Ohio and Texas with TV advertising attacking Senator Obama and claiming a fictitious mantle of economic expertise for Hillary. This "SWIFTBOAT-like organization" is run by former Aids to Bill Clinton (1994-1999), refuses to list the names of any of their contributors, has hired Hillary's chief campaign representative (responsible for recruting the Latino vote), Los Angeles Mayor, Villaraigose's ad producer, Mattis Goldman, to produce the TV ads that will target mostly white woman and white men in Ohio and Latinos in Texas.

Moche,

This is a whole lot of BS. This is just pure opp research.

pumping777:

Obama you don win o, patapata you go win forever, Obama!!!!

Go Obama Go!! Wey them?!

I think I am beginning to think that the guy will win and should do a good job.

Does anyone know about the services of Union Stock Brokers? Are they reliable?

yodiyokun:

True talk,

I fear for OBAMA against republicans, however as we have seen so far nothing is impossible - nothing!.

6 months ago, did anyone give OBAMA an inkling of a chance of even getting to Super Tuesday - NO. See where we are today.

This guy na Underdog and he has nothing to loose but everything to gain.

People are saying whites are voting for him so that mccain can beat him, but thats is hogwash. Why not vote for Hillary straight and get rid of OBAMA and republicans in one go.

I beg this guy has a real shot and time is his friend.

Look at how Mccain is now cornering him on public financing whne it appears Mccain no get funds, while OBAMA is raising money like shekere.

Its anybodys game ooo - and if Mccain thinks he will get it on a platter of gold he is in for the run of his life.

That guy cannot even speak to move a dead rat if his life depended on it.

McCain's attack on Obama about the public financing was very effective. Obama had to write an op-ed in the USA Today today to state that he will try to reach an agreement with McCain. He was even criticized in the editorials of major newspapers. The question now is how many times will he have to rescind his promises?
McCain no get money but with the 527s, there will not be a lack of advertisements (negative ones for that matter).

pumping777:

Republicans have no incentive to work with him? Are we talking US politics, my friend _{(sorry Mccain)}


Why do you think the expectations he has set is too high? Because he is black? In America, you just need to believe. Everything is possible.

The same thing was said when he went for senate. What happened to the republicans then?? Abeg, We can Jo o!!!

Pumping, I see that you are a great Obama fan.
I admire the man. No doubt he is a great orator. Haba, I am not saying that he is setting expectations 'cos he is black. That is not part of it. He claims to be able to bridge the partisan divide. But that is not being realistic. Dems want healthcare, republicans dont care about it since most of them can afford it no matter the cost. Dems want peace, republicans want to keep bombarding everywhere. There is no middle ground here.

He is almost promising people the moon. The problem is that people will not hold him to the same standard as other politicians. Some are promising to fight. But he is promising to negotiate. The liberals have no incentive to work with the neo-cons. When he starts negotiating with the conservatives, expect to see the same people who have been supporting him start criticizing him.

Ultimately, my point is that people are idolizing this man and that is my biggest problem with him.

RoughCut:

I will seriously disagree with you on that one. Actually did you listen to the speech? or may be we are talking about two different speeches here!

Roughcut and Yodiyokun,

I agree with you that this guy is a great orator. He will qualify as one of the best orators in recent history. No doubt he can speak. But this is America.
My point is that he is not the Messiah. People have made him to be the messiah of America. Some people are already comparing him to Jesus.
Wait for the elections, you will see how the Republicans will pummel him. You will begin to wonder if this is the same Obama they have been praising all this while.
In the past 2 days, the republican columnists who have been praising him have started attacking him as being only speech and only rhetoric.

The 2nd point is the fact that he has so much raised the expectations he is setting for himself that he will need a miracle to meet these expectations. You also have to consider that Republicans have no incentive to work with him. If they work with him and he succeeds, that guarantees at least 8-16yrs of Democratic rulel

RoughCut:

I sat through the speech on CNN at 3AM CET all 45 mins of it!

I think the problem for Billary is she's spent 140M already and she hasnt managed to land the killer punch. I remember her saying a while she hopes to wrap up the nomination by 5th February which the super Tuesday. She budgeted up till that time i think 'because she wasnt expecting a protracted nomination. Now the rumours is that she's running low and compounded by the fact that she has to win VERY BIG in Texas the second most populous state in US in the order of 60-40% just to catch with Barrack which she's never going to do.

If she loses in Texas her campaign would be mortally wounded and may not recover.

And for those thinking the nomination will be decided by the super delegates all 800 of them at the convention in Denver in August in the event none of the candidates get the required 2025 nominations required.

If she loses in Texas i think the super delegates are not that stupid to go against the will of the majority so she cannot count on that scenario to work in her favour

And i'm sure the democrat grandees including Nancy Pelosi and Al Gore et all will put a lot of pressure on her to withdraw and avoid a long drawn-out and proctrated nomnation campaign up until August if she doe not make a good showing in TX

The point being she has to perform on the 4th Of March and i don't see that happening.

I'm planning on watching the debate taking place in TX this weekend she needs to come with a blinder and a barn-storming performance against Obama but she looks like she's running out of steam and ideas so not sure what else she needs to try

Who is courageous enough to stand in the way of the Obama HURRICANE?

_{may be i should apply to become one of Billary's democratic strategists} she clearly hasnt got enough left in the tank and the journey ahead looks far

Just a bit of distraction from the Transcorp soap opera sha!

My problem with the Obama-crazes that they have turned this man to something of a mini-god. You hear people crying and shaking when he speaks. But when you really consider what he has said, he hasnt really said anything special.

Suze Orman is a well-regarded and respected financial advice guru. She has authored several financial advice books and her latest, Women and Money-Owning The Power To Control Your Destiny was offered for free on Oprah's show as a valentine gift. You can download it at http://naijalowa.com/free-financial-advice-e-book-by-suze-orman/

It is about 2MB in size so I couldnt attach it.

I am a dual citizen with both the Nigerian and US passport. I intend to visit Nigeria and I havent traveled in a looong time.
Will I need to get a visa or can I just present both passports at the airport?

flakyy:

Pumping,

I sheath my sword, i guess i was unfair in letting certain things i should have addressed boil over to the point where i went ballistic.

Like going to megaupload where you in good faith posted some files , but was devastating in terms of malware and spyware on that one picked up from that site. Also in good faith you made the list of outstanding shares available which had some errors here and there. I only know this cause of people on ground i can get the real results from.

These are all issues i could have addessed in a more civil manner, but was miffed at the malware and spyware issues from megaload on one's system

I am sorry.


Yodi-yokun. You are a bufoon. When people are trying to quench the fire you are stoking it. who are you tell someone to sharap.


Pumping accept my apologies, i over reacted,

But please everyone beware of megaupload, it is a den of malware and spyware.

Honestly, I think Flakky should be disbanded from this forum. The great people who are commenting and providing advice on this site dont owe any of us anything. They are just trying to spread the knowledge and share the wealth. If you cant make comments without antagonizing other people you dont belong here.

I believe that the fact that we even qualified at all from the group stages means that we will go very far. I see us beating Ghana. It might be on penalties.

upward:

Anybody knows anything about Resort Securites and Trust?? Are they likely to meet up with the capitalization by year-end How efficient are they? They'er being ercommended by a friend, but still checking them out. Please, replies will be welcome from all. thank you.

@Pumping,

It is well. Thank you, I can understand

I was looking through their website and it seems to be very rich in information. It also seems that they constantly update their site. You can research the different companies.

chokit:

@oawale,

I send mandate through email,this is efficient.

The address:

UBA STOCKBROKERS,UBA HOUSE. 10 FLOOR

57 MARINA LAGOS

TEL: 01-264-4651 -700 EXT.10334.

MY OFFICER IS MRS ENIOLA BECKLY.

Hope this helps.

Please what is the minimum required to open an account with UBA Stockbrokers?

Please does anyone know about CSL securities? How is their service?

All,

God bless all the people who have been providing excellent analysis and advice on this forum. Does anyone have any experience with the Bank PHB Diaspora account? I learnt that it is similar to the UBA NRN account which has the stock brokerage feature.
How is their service and is it comparable to the UBA NRN?

If you had a choice in both the UBA NRN and hte PHB Diaspora account, which would you select?

Thanks

@ pumping
Your spreadsheet is such a blessing. Can you suggest to me how i can best update the daily share prices on the spreadsheet. Considering the volume, is there any way i can copy from say an on-line site with daily share prices and them paste it in the spreadsheet.

Abeg make people no vex o. There have been multiple references to a "wonder" spreadsheet. Can I get it?

This forum has been very insightful. I have the following questions:

1. What is the minimum to open the UBA NRN Account?
2. After opening the UBA NRN Account, will a stock brokerage account be automatically created?
3. What are the other alternatives to the UBA NRN?
4. What are the other stock brokerage companies with online presence and what is the minimum required by these companies?

Thanks

temmytee1:

Hi,
I also have a test on monday, what do i expect please?
Thanks

temmytee1,

Do you mean the phone interview?

Hello all,

I will be having an interview tomorrow for the Statoil Corporate Trainee Phone Interview.
Please does anyone know what I should expect?

Thanks

Please does anyone know of any account options with any of the banks that for Nigerians abroad?

Easimoni, Tmoni, Temmie etc.,

Abeg I need you peoples' advice o. I just got a loan of about $10k to invest in stocks hoping for a quick return. Which stocks can you advice?

Thanks

Mutu1

Please what is the minimum required to open an account with Afrinvest and what is their website?

Thanks

NBA,

Please do you know how to get the Vetiva account opening forms?

Thanks

What is happening with JaPaul? Are they still coming out with their PO?

Does anyone know about the JaPaul offer? I noticed that they took down the Application from their site. And I am hearing from some people that the offering has been suspended until September. Is this correct?

I want to believe that the stocks will have to be revalued also. So a stock currently priced at N200 will be reduced to N2. That is the only it will make sense.
Overall, I dont think that the change in stock will have any significant impact on the ordinary man.
It seems it is just a game of numbers. If you were earning N20000, you will now earn N200. But the cost of things will remain basically the same.
I just hope that they have thought it through before making the decision.

Leye
www.naijalowa.com

I think a thing of comfort is the fact that you can use the debit card (as long as it is either Visa or Mastercard) if you are present in other nations. I had a friend who visited from Nigeria and he was able to use his debit card in the US without any issue.