₦airaland Forum

KarlTom:
At listing, the money goes to the account of the company.
Subsequent trading activities is simply an exchange of funds and equity between a seller and a buyer...

Cheers for the clarification

emmasoft:
The stock market is regulated but a very free market where entry (buy) and exit (sell) is easy.

Just as you came in with 1m to buy that is how an investor came into the market to sell zenith bank shares worth 1m or more.
The 1m you brought in goes to the account of the investor that brought the shares you bought to the floor. The way the money and the shares changes hands that why we have T+3 days in stock market transactions. When a deal isa deal settlement ie clearance is done within three days and the shares you buy sttles in your cscs account while the cash of the seller settles in his/her bank account

So it's not like the money used to invest on the shares goes into the account of the company whose shares is being purchased?

toyeoye:
Contract awarded without feasibility studies of possible impact on environment but no, some agbado patriots will still defend.

Pls

mikeapollo:
What FBNH paid as dividend is too small, but I think it is because they want to conserve funds for recapitalization.

FIrst bank has always being known to pay low dividends, you guys shouldn't be surprised. I gladly divested all my holdings when it rose to 34naira

Hmmn

StUriah:
Some smart individuals launder money for politians and help them by fronting their business. Or how on earth did a 35 year old guy establish a leading financial institution in Nigeria where rate of business success is very low if not by fraudulent manipulation of the system?

Have you not reflect how our economy was dollarised due to fraudulent transactions of the forex by these chief executives. They spent these dollars for their vacation all over the world, while many graduates are being paid peanuts in their establishments as contract staffs.

And the way media will coin out his biography, you will think he was one hell of a smart guy for establishing a bank at the age of 35, not making it clear that he was just fronting for corrupt politicians.

Kingjbase:
When you pray to God through Jesus Christ unceasingly there's no way on earth that one will die such a tragic death without him showing the signs. When you hold Christ . He will direct your path through his spirit

Pls shut up, so wigwe who was a pastor didn't pray to God? Some of you deserve serious beating on nairaland. Very annoying set of people

Naija9090:
They have started their medicine after death. They should arrest him to explain what really happened to Wigwe, Ike Ndi Isoko. His explanation for not boarding the same chopper doesn't make sense. Why would he travel by road as someone based in Nigeria with Wigwe? Imagine president Tinubbu going to America and his assistant, Ngelele, decides not to board the same chopper with him, instead chose to travel by road. Does that make sense? This is the problem with Igbo people, they over trust this people with innate tribalism.

What exactly did this thing type?

WorldRichest:
Just Open your own mouth as Ogun and Aiyelala continue to deal mercilessly with them

You should redirect your curses to your useless frog faced brother occupying the stolen sit at aso rock, who after grabbing and running away with power, is confused on what to do with it.

WorldRichest:
More than 20 different companies. If I check house, I will get my login details to my Stocks Application. All the money invested in AIT is gone because the company delisted itself from the Stock Exchange. Several other companies top delisted themselves while the promoters of the companies are still living larger than drug Lords.

It is only Red Star Express that made up about 90% of that about 350,000

You invested foolishly in useless companies. Learn your lessons and move on.

finallybusy:
My question is, what he was going to Vegas for? It was either to watch the UFC live, Bleep hookers or gamble away huge made-in-Nigeria sums of money.

Somebody who traveled with his wife and son? Please receive sense in the name of amadioha

WorldRichest:
The other idiot that died with them Abimbola Ogunbadejo is a former Group Chairman of Nigeria Exchange Group Plc, that is where the greatest frauds happen everyday. People that bought shares using millions some years back, the sharks are now worth few thousands because of manipulation of shares prices by the criminals.

My personal over 14 million Naira investment in Shares between 2004 and 2012, this is money I starved myself to invest over the years. The last time I check, it was worth less than 350,000 Naira. That is money I should have used to drink, smoke, club, and carry Olosho, but I thought that I was wise, so I invested it in Shares, and evil men in high places looted my money. They will never escape miserable deaths

Blaming others for your foolishness is the height of mental stupidity. Share prices go up and down everywhere in the world. It is your responsibility to do your due diligence on the right kind of company to invest before putting in your money. If you had invested into any blue chip company on the Nigerian stock exchange, you won't be here blaming a dead innocent man for your dullness. Receive sense

WorldRichest:
Yes, I am disturbed by my friends who lost their jobs in Intercontinental Bank when the gang of thieves whom Ogun go soon kee all of them illegally stole the bank from the owners.

Have you forgotten that Sanusi Lamido Sanusi who was used for the illegality has been disgraced and humiliated twice ?

What about Bukola Saraki that was the thief that initiated the evil plan? He is fighting to keep his ancestral home from being pulled down in the state that he and his family once lord over.

Several others involved in that Intercontinental Bank illegality will pay dearly

Close your mouth there. These are just coincidences. People die and get disgraced everyday as a normal occurrence

Don't start what you can't finish.... The Fulanis are coming for you

Wotowotoman:
Honor them? Do you think anybody knows who he is in Yankee? Haba what’s wrong with you people?

This one is afraid to reply me... Cooward

AareGaa:
Na elections still dey pepper you.

E go pepper you tire.
Jagaban is a conqueror

This sort of person is part of the reasons why I dont care if a bag of rice gets to 200k. People like you deserve to suffer for bringing in a curse upon Nigeria, except the innocent people who would form part of the collateral damage

mastermaestro:
Some of these highly placed men shake hands with spirits, make covenants with powers, offer great sacrifices, make shocking vows at high altars in order to rise to where they get.

Payday usually comes on them unawares. When it does come, it sweeps mercilessly leaving pools of agony behind for their loved ones to drink from.

I am not talking to kids, please.

There is some truth in what you have written, but it may not be applicable to the circumstances surrounding wigwe's demise. It was his time and destiny to end up like that. In this life, you may acquire wealth and fame, but be predestined to die young, while another person will keep struggling and struggling, and end up in middle class, but will live till ripe old age. This life is deep and has no manual. Cheers

Wotowotoman:
Stop talking nonsense. There is no vacuum. There has been a successor for a while now. His name is Roosevelt.

You are the one talking nonsense. The market will react negatively because this is a shock unexpected occurrence. Stop disgracing yourself on topics beyond your station.

Basicend:
This guy (Wigwe) and Tayo Adeniroku with Fola Adeola started GTBank.

They blew very quickly into prominence and wealth. Tayo died young suddenly just like this Wigwe.

In my family, there were professors that achieved quick prominence and were cut-off in their 50s, same happened to my father.

It was Jesus that opened my eyes to these things and began to teach me how to walk with him and avoid lineage judgemental patterns. It is a rope. He would pass you Tru some sufferings, but that yoke will break upon your head.

It is not the will of God for Wigwe and his entire family to just go this way at their age. That is a judgement, and in most cases, it is a matter of ages before them (that they did not see or treat).

It is better we gather little by little, by God's hand, and avoid those slippery grounds that can bring a man into instant judgement.

Such a very wealthy man. I pray God give his family the strenght to bear this. May their gentle souls rest in peace.

This is deep, only the wise can interpret what you have written.

Nuzo1:
Osibanjo survived it.

However, it’s difficult to survive given how different the mechanism of helicopter is to normal airplanes.

Osibanjo's own was political propaganda. Stop being naive, it was all planned, the same way buhari's bullet proof suv was riddled with bullets before the election in 2015.
Nobody survives an helicopter crash

Jen002:
You have Dstv? Or even gotv?

I am out of Nigeria at the moment

WorldRichest:
Ogun don kee their Mama. Esu Odara go still punish them for Hell Fire

I just want to remind everyone that Erastus Akingbola is still living his life.

Sanusi Lamido Sanusi has been disgraced and humiliated twice, Bukola Saraki has been forgotten in national politics, and his home base has been grabbed and snatched from him, and now Herbert Wigwe while enjoying himself has met death.

Only few will remember the type of evil that appened between the four people mentioned above

You will be fished out soon to defend what you just wrote....

inoki247:
Rip..



The life is stress na why I no dey worry pass mak I chop and sleep...


Na when I grow up I realize we only came to die since den I no dey pursue any yeye dream cos the stress no worth am if it comes fine if he no come fine...

Poor man's philosophy

Please where can I watch it online?

At least his wife and children didn't die with him

sukkot:
that mane should have been in Côte d’Ivoire for AFCON not gallivanting in an helicopter going to watch Super Bowl. You see what unpatriotic activities has caused 👀

People will also say demeaning things about you when you die. Karma is real.

Bigboytinz:
you just typed rubbish. The point is if you're flying private on a chartered plane or helicopter you have to be extremely careful. And do checks ascertain who owns what when last it was used sabotage and all. Are you that dumb?? How can you compare riding in a Keke to riding in an helicopter?? Stupid you.

You just quoted an empty brain, posting on a topic that is above his station. He is a nuisance on the ashewo thread bullying and threatening people there. He thinks this thread is where he can come and type rubbish without being put in the pigsty where he rightfully belongs

Tranquility2345:
When you enter plane, Uber, Molue, Danfo, okada, keke do you know who services it? You are not very bright. I feel like giving you a hot konk on that your bald head I swear to God

This F L is here again

PDPdestroyer:
This is so sad, RIP sir. Nigeria happened to him

You be otellee, how did Nigeria happen to him?