₦airaland Forum

Hello everyone!

We need your contribution in this thread

https://www.nairaland.com/8056170/20-countries-owe-us-money/6#129347567

The originator of this thread does not have adequate knowledge about debt(Treasury bills and Bond)!

The countries that were mentioned are creditors to the USA(the debtor).

The creditor countries make profits from the USA bond or treasury bills they bought.

We too dey play for Nigeria.

jadyclem:
You be correct chairman!
Thanks plenty for the information.

Na me hail pass.

jadyclem:
Abeg chairman no vex, I just want ask you one more question:
How can we know companies that pays yearly dividend? Is there a website where we can check their yearly report before investing in their shares?

Nigerian stock exchange website,easykobo.com and simplywall website can be of help.

There are 4 business quarters in a year.In most cases; January to March is Q1(first quarter), April to June is Q2(second quarter), July to September is Q3(third quarter) and October to December is Q4(fourth quarter).

The total result from Q1,Q2,Q3 and Q4 gives rise to annual financial result.

Investopedia.com will be of profound help in stock market investing education.

You can Google search the businesses you have interest in to know if they have been profitable for like 10 years

Profitability of a business gives rise to dividend payment in most cases.

SoNature:
The shameless olodocrat has quickly embraced the ignoble APC style of criticising the previous administration, forgetting that those who run today's government were part of the government he blames!

Olodocracy is government by olodocrats!

We too dey play for this country.

The new minimum wage should not be less than N150,000 !

jadyclem:
I'm new to this stock investing, please gurus in the house, can you guys please recommend 5 stocks with good future prospects - say 3 -5yrs?

Zenith Bank
GTBank
Access Bank
UBA
FIdelity Bank

The 5 banks above are very good firms that pay dividends every year and they have never declared a loss in the past 10 years.

Please,my fellow newbie;never you have the intention of buying stocks of company that don't pay yearly dividend.

President: This people no just like me.If to say I no force my way in na so I for lose the election!

President: I no wetin I go do.

I go just devalue the Naira and increase the direct and indirect taxes so that the cost of living go skyrocket! !

Otilo and them go know say na me be Zagaban!

USAfall2024:
Same here. Zenith is one of the safest stock for newbie long-term investors to avoid stress. It's price appreciation might be slow but steady due to organic growth backed by results. Just buy as your power reach every month end and you will be fine in the long run.

It is absurd for an intelligent investor to buy a stock for N900 to N1000(when the current earning per share is not even up to N10).

'Intelligent Investor' and 'Security Analysis ' by Benjamin Graham is a compulsory read for any serious investor .

Every where is filled with irrational exuberance galore!

If you're a newbie like me,just buy yourself Zenith Bank shares every month.

'HiTECH Construction Company ' is one of the contractors.

This is a good development as far as the project money is not embezzled!

crossfm:
Hehehe.

Ndume has been firing on all cylinders lately.

He is just acting as if he is a new elected senator.

In other words, Ndume is telling us that as dollars goes up, Nigeria government is very happy, while the masses a left to gnash their teeth in penury.

You can now see the game plan. They don't care about the masses. The funny thing is that almost half of the budget will be looted.

Government defenders over to you.

More than half will be no looted by the looters in government!

Oblongata:
Once the Lion had tasted human blood there was no going back!

As it had attacked the woman and probably tasted her blood, every human became a potential prey!

In a saner clime, during the attack on the woman, the Lion would have been darted (with tranquilizers) and eventually euthanized because it had tasted human blood.

The system failed the victims.

You're absolutely right!

But,the culture of cluelessness is now the order of the day .

malali:
1. On addressing insecurity which is also affecting farming and food production, President Tinubu made three key pronouncements.
Essentially nothing, no tactics, no strategy, more like just pretending to be doing something.

2. On the rising cost of food: The President directed that the State Governments and Federal government should collaborate to increase local food production.
Even if food production will be increased, it will take 3-4 years to notice any impact realistically, A lot of people would have died by then ? The farm is not bigger than last year ? The farmer who had a hoe last year doesnt have a tractor this year ? The storage facilities are still the same.This is passing the buck. Food security is a national security problem.

The President advised against the idea of food importation and price control when local food producers should be encouraged to produce more food.
Food importation is bad, everyone knows that. Has the government met with the Large scale farmers? Can the ministers of Agriculture, tell us what we produce and by how much we need to increase produce? Bring in Agricultural franchises and set up in every state, Farming has to be done scientifically with mechanization, tractors, harvesters, hybrid seeds, pesticides, fertilizers, farmers insurance. Its patronizing for the president to keep telling them not to import but increase food production ? How will they do this ? By Magic ? We have NNPC and yet we have not been able to get energy right, but we do not have a similar organization for farmers, we just expect a bunch of local farmers to replace the importation.Just like that...lol

3. The President advised Governors to follow the example of Kano State in dealing with the hoarding of food for profiteering by commodities merchants.
He directed the Inspector-General of Police, National Security Adviser and Department of State Security Services to monitor warehouses hoarding food items across the country and stop profiteering by merchants.
Lets not mistake storage for hoarding, Farmers should not be abused as well, if politicians cannot lower their own income, why are farmers expected to sell all their products at cheap prices, Are farmers not in the same economy as everyone else. If a farmer sells everything for cheap but seeds, fertilizers, labour, cost of petrol for tractors is skyrocketing. How will the farmer survive the farming season. A responsible leader should take responsibility. Farmers farm for profit, they are not the ones responsible to subsidize food in Nigeria. They also have financial responsibilities and prices are skyrocketing.Nigeria doesnt make tractors, tractor prices just doubled in price with dollar exchange rates.

4. The President charged Governors to pay attention to livestock development in their states and increase production most especially poultry and fishing products.
This also lacks strategy or any expertise ?Are they going to start poultry production in government house ? The poultry feeds have doubled in price, corn is a staple in making these feeds. Mr President what is the strategy ? Are we going to start a poultry in Aso rock ?

5. The President pleaded with Governors to ensure all salary arrears to workers and gratuities to retired workers and pensioners are cleared as a way to put money into the hands of the people since states are now getting more monthly FAAC revenue. Spend the money, don’t spend the people, he urged the governors.
This should be enforced, there should be checks and balances in place to make sure the monies get to the end user. This is not business as usual.

6. President Tinubu implored the Governors to create more economic opportunities for the youths in their states to keep them more productively engaged.
At the end of the day, the states cannot be responsible for all the youths, if so we would not need a president, we would be okay with just state governors. The federal government should also create opportunities, also private sector should be saddled with creating opportunities for youth, people hiring foreigners, should only be doing that if there is no competent person in Nigeria.

Food security has to addressed, when energy was an issue, energy had to be subsidized, why is food any different ?Why are we expecting the poor farmer to boost production overnight? Its not good enough to tell the security to look for hoarders, everybody knows hoarding is not the problem. We need scientific and mechanized farming. We need hybrid seeds, storage facilities, pesticides, fertilizers, technical expertise. There is a reason food importation has been rampant before now. We have so many senators, house of representatives, ministers, advisers, special advisers and this is the best we come out with, we have problems peculiar to Nigeria. The government needs to tackle these. If not it will only get worse?

.
You can't give what you don't have!

Until the culture of mediocrity is eliminated, Nigeria can't make real progress.

BIZNess123:

Nothing we nor go hear...

But on a serious note..sth happened to the super eagles.. either they were bribed, threatened or something else .....

Even after scoring their performance was very lacklustre..

The Super Eagles most likely sold the match!

crownprince2017:
Between zenith and wapco at the same price, which one will you go for now and why.good morning everyone.

I will go for Zenith Bank because this bank has never declared a loss in the past 10 years and I confidently believe it will never declared a loss in the next 10 years.

Zenith Bank has been paying good dividend annually in the past 10 years and it is 100 percent likely that Zenith Bank will pay better dividend in the next 10 years.

Zenith Bank will surely experience good price appreciation in the next 10 years.

Mankind2024:
If I were u,
50% NASDAQ
25% FIX INC ASSET IN Nigeria (TB) upfront payment for risky assets on NGX
25% Risky Equity...Dang Cem/Geregu...destination N1k

At the current price, Geregu is not a stock for a true investor; Geregu's stock price is not a true reflection of the dividend.Geregu is overpriced!

Geregu price is as a result of irrational exuberance (aka pumping).

Geregu's earnings per share is not proportional to the price of equity

SonofElElyonRet:
This is self contradictory...

Mr Jim Ovia is the backbone of the management of Zenith Bank .

I have full confidence in the managerial capability of Mr Jim Ovia.

And past financial results and dividend payment are a testament to his managerial acumen.

RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks

Buy a consistent dividend paying stocks like Zenith Bank with all the money and have 100% peace of mind.

As far as Jim Ovia is still alive the good management of Zenith Bank is guaranteed!

Officer 'Woos' in the news again!

80% of Nigerian police officers are lawless in disposition.

He is an example of police officers that aid and abet gangsterism, car snatching, kidnapping and bank robbery!

It is an irony that the supposed custodians of the law are the persons now breaking the law with reckless abandon.

Another future T V Josiah in the making.

megawealth01:
During bulls market na

At all time(both in bull and in bear season)especially for dividend investors like me.

emmanuelewumi:
What is the name of the stock? How long did it take for this to happen?

Hope the stock will pay a minimum dividend of 70k per share? If not it will come down to sub N10.00.


Unless the free float is less than 5% ie BUA style

Ucap(now around 24 Naira) and Fidelity Bank(now around 12 Naira) are good example of stocks I bought around 1 Naira!

Both Ucap and Fidelity pay dividend.

Stock investment is the best business I have ever done.

A share of 1 Naira is now 15 Naira.

Looting of public funds has become a tradition in Nigeria.

I'm still of the opinion that salary paying job is slavery irrespective of the salary.

I have good news for degree holders, don't let people know you have a degree;just go out there like those without degree and hustle your way up!

The level of thievery going on in Nigerian government organizations is beyond words.

I just read that this airline charges around ₦‎61,050 for local flights.

The management of this airline saw an avenue for business and immediately started it.Good business is all about meeting the needs of consumers.

But,this airline must be ready for 'war' from other airlines that charge extremely high fare!

Life is not a bed of roses! 🌹

There are persons who can't withstand the vicissitudes of life;life is all about the good and the bad,you have to be prepared for any eventuality life can through you.

I don't think suicide is the best solution to life's numerous problems or challenges.Life's challenges make us stronger or better.

LeoDeKing:
Ministry of Finance
Ministry of Budget and Economic Planning

Both ministries to gulp almost 14 trillion.

There must be a mix up here, otherwise, I don't understand what these ministries will do with 14 trillion in one year.

Overhead cost in ministry of finance, 8.49 trillion, what exactly is that supposed to mean?

Budget for private pocket.