₦airaland Forum

undead:
I am very sad. I lost a lot of money in Oando. I cannot sell my shares. I have a big problem. Don't misunderstand me. I started investing in stocks this year. I bought Japaul Gold, Transcorp, and Dangote Sugar. I doubled my money every time. My 4 million naira became 32 million naira. But now I cannot withdraw even 1 million naira. This is my life savings. I saved this money for six years. Please, what can I do? Ncha na acho e ba efi n'anya.

CC yMcy56, PETERiCHY, Locotrader, megawealth01, Ginalex, Ogg, prophet

This is the major reason why I don't subscribe to buying non dividend paying equities!

When you can't sell,there is no dividend to compensate for your inability to sell!!

Let assume you bought either of Fidelity bank ,Access bank ,Uba , Zenith bank , GTBank or even Stanbic IBTC Bank you would be entitled to around N3,000,000 dividend every year and you can easily sell the shares any time you like!!!

Never test the depth of a river with both feet!

If you must eat with the mafia or devil you must do so with a long spoon!!

moneymanager:

UBA
Access Bank
Zenith Bank
GTBANk
Fidelity Bank

The above are the kind of stocks newbies should buy if they want to make good money not stocks like Oando and other mediocre equities.

PETERiCHY:
The last DIVIDEND I got from OANDO was in 2015.
30k +70k =#1.00k That's 8ys ago.

SOME of us have BEING in this GAME for almost 25ys and do PERCEIVE what will LIKELY HAPPEN from AFAR.

WALE TINUBU can't GIVE you ANYTHING on a PLATTER of GOLD in order words OANDO will go PLACES but not on a PLATTER of GOLD.

FOOD 4 THOUGHT only for those their THINKING FACULTY is still functioning PROPERLY .

As for the UNSCRUPULOUS ELEMENTS that wants to become RICH OVERNIGHT with their PEANUTS their case is IRREDEEMABLE.

"BARGAIN HUNTERS TAKE NOTE'!

I don't think there is anything bad in your trading philosophy;you believe in multiplying your money in a short time by taking great risk(I mean buying stocks like Oando and Japaul).

From my little knowledge and experience,I believe it is far safer to trade by buying dividends paying equities.

This is very rampant in government owned universities!

I know of a guy that abandoned his schooling in a federal university in south south of Nigeria just because of a single course.

Most government owned universities in Nigeria are citadel of mediocrity.They derive joy in frustrating great minds.

Oando is a mediocre company!

No consistent dividend in the past 5 years.

Evolutionism:
This your N70,000 is now N7000.

That is not too fair!

I think N70,000 of 2023 is equivalent to N23,000 of 2015.

N70,000 divided by 3 will give you around N23,000

[quote author=Rich4god post=126019259]Abeg o.... 75k is not a sign of poverty. One can leave a decent life with it.[/quote
Is like you're not in Nigeria?

Due to Buhari's bad governance,N75,000 of today is equivalent to N25,000 of 2015.

Rich4god:
If you are in Lagos, no need to stress yourself, it won't be possible. Except you wan leave very poor lifestyle.

But if you are in a cheaper state follow that guys advice of spending max of 800 naira daily

His/her income is a sign of poverty!

Do you expect a poor person to live as a rich person?

It is possible only if you want to use your car as a taxi when going and coming from work .

6 litres of petrol can take you to and from work everyday,and the passengers fare can cover the price of the 6 litres of petrol.

If you're a newbie like myself,and you want to buy shares for capital appreciation,buy good dividend paying shares like Zenith bank instead of buying non dividend paying shares like Oando(aka Emiokan Oil & Gas)!

If you're a newbie like myself,and you want to buy shares for capital appreciation,buy good dividend paying shares like Zenith bank instead of buying non dividend paying shares like Oando(aka Emilokan Oil & Gas)!

Bull makes money !

Bear makes money!!

And pigs get slaughtered!!!

The leadership of Okhun communitily in the 7up axis of Benin City must ensure that there is peace and order in their domain.

The alleged leadership tussle is really having a negative effect on the people living and doing business in Okhun community.

The never ending gun violence should be brought to an end.

No community can develop or progress in an environment of strife or rancour.

Gunmen kill three vigilante in Edo - Punch Newspapers
punchng.com › gunmen-kill-three-vigila...
https://punchng.com/gunmen-kill-three-vigilante-in-edo/

The hoodlums numbering over 10 according to eyewitnesses invaded the community and shot the victims who were on duty.

Some of the eyewitnesses said the attack is connected with leadership tussle in the community, while others suspected it to be cult reprisal attack.

Also, a member of the Emergency Social Safety Net, who introduced himself simply as ‘commander Small Baba, confirmed the incident in a viral video.

The1960writer:
Normally, Benin things are always extraordinary in literally everything. I stayed in Abuja for years before moving back to Benin and I can say that the cost of living in certain places like Lugbe in Abuja is less expensive, compared to living in Benin where many workers are less paid yet house rent is crazily high (perhaps because of the plenty g-guys in the state), food prices are high compared to a neighbouring state like Ondo, transport fare is another anomaly. There was a time when some folks sold an egg for close to N90 in Benin, when I travelled to Ondo, an egg was still sold for N50.

Take no offence, but sometimes, the hardships of a land are usually caused by the hardness and wickedness of the people that dwell therein. Many, NOT ALL, landlords who wake up and increase rent every year for example and business owners who derive pleasure from increasing prices for the fun of it, are the witches and principalities of Benin.

Let me correct some wrong impression you stated.

The Benin City's people in Europe,Canada and the USA are directly or indirectly responsible for the high cost of living.

On the average,Yahoo folks are not as rich as those in Europe, Canada and USA

House rent is extremely cheap in the outskirts of the city.

fineboynl:
guy why you do make noise. Look at the top 10 states in Nigeria.

Just leave LocalFARMER make him remain local!

LocalFARMERS:
Abeg go sit down. No dey mention Benin for where Kaduna dey. You claimed Kaduna people are poor, do you know that, Kaduna has the biggest economy after Lagos, PH, and Kano. Kaduna also produce the larger IGR after Lagos, Ogun and PH.

Mention one major infrastructure in Benin. Mention one thing Benin People have that Kaduna People do not have surplus. Remember, all the Federal ministries and agencies staffs in Benin are majorly from North including Kaduna.

The problem is that, Benin People no dey travel. Only the few that travel abroad. Others don't travel to other states.

Benin People No Dey Travel And Dem Full Europe,Canada and USA?

Is Like You Don't Know The Power Of Euro and Dollar?

Benin City's Human Resources Oversea Is Very Huge!

Is The Income A Europe Based Taxi Driver Earns Not Bigger Than That Of Someone In Nigeria ?

My Friend,Just Dey Play;Is like Like You Don't Know The Exponential Power Of Euro & Dollar?

LocalFARMERS:
How can Benin be extension of Europe? If true, why is Benin not developed at all. Benin is not even as developed as Warri. Not to talk of major Cities like Kaduna, Jos, Kano etc

The lack of excellent motorable roads is the only bad side of Benin City!

There is real wealth for those who have business mentality.

Benin City is greater than those cities you listed in terms of disposable income of majority of the inhabitants.

Typing:
Go and sit down. I know Benin like the back of my hand. I was in Benin last week. Mention one area in Benin and I will tell u a popular land mark in that place. Mention one source of money in Benin apart from Ashawo and Yahoo.

Let me also mention that, Edo is the most underdeveloped state in this Country. Kogi and Abia are far better than Edo. Benin is like Upper Sakponba for where Kaduna dey. If you enter Kaduna, you will never mention Benin when Kaduna is mentioned.

Benin is the only City with poorest roads and zero infrastructure. The GRA in Benin rubbish. A GRA which is always flooded during rain. A GRA that looks like ancient 1920 residential area.
Make una cover una face with shame for that Edo. Una Governor is also the worst in this Country.

The entire Benin does not even have a standard infrastructure. No bridge, no fly over, no presence of Government. But una go dey make mouth upandan. With your ugly and incompetent Governor

Both married women and single for that State na Ashawo them dey do. Remember, last year, Obaseki ban Brothel in Edo, the people of Edo almost eat him raw. Cause Ashawo is their major source of income. Even the few Bini ladies who are based Abroad, na Toto them dey hawk like gala for Europe.

Who even know Edo for this our beautiful Country? 😂😂

You talk like an agbero!

Is like you don't know that money is power.Euro and Dollar runs the economy of Benin City

Let me educate you,do you know a street sweeper and a farm worker in Europe earn more than most university professors in Nigeria.

Prostitution and Internet Fraud are not the main stay of Benin City economy.

Typing:
The same Benin that you see poverty walking on its head everyday. The Benin where ladies had to do Ashawo work to survive. The same Benin where over 90% of their youths are Yahoo and scammers. The Benin where you see a Father, his wife and 7 of their kids live in one single room.

Before you say anything, I know Benin pass you. I've lived at Limit Road GRA, Ugbekun primary School at Upper, Eweka Road etc

Is like it is not too long you got to Benin City?

Benin City is like a European country to other major Nigerian cities.Artisans from North,West,East and South come to Benin City to make it.

If you depend on only salary to make it in Benin City you're wasting your time;Benin City is a city meant for business people.

Don't let the poor motorable roads make you to underrate Benin City(Igbinedion, Oshiomhole and Obaseki have performed below average in terms of road construction).

Housing like 1 and 2 bedroom flats are insanely cheap in Benin City.

The Ugbekun in Upper Sakponba you mentioned is an old part of the city,just go to the new parts of the cities to see good housing.

Real business men know that Benin City is greater than both Lagos and Abuja!

Majority of Benin City families operate a kind of Europe economy.

Benin City is in a league of its own and there is stependous wealth to be made if you have a business mentality.

Don't forget that I was born and brought up in Benin City.

Harmony92:
Especially sapele road for Benin very greedy set of people.

Tribes from Delta State are mostly found in that locality.

LocalFARMERS:
I left Benin for Kaduna few days ago. I noticed that People still buy pure water for #10. In Benin, pure water is presently 2 for #50.

I also noticed in Kaduna that, only #50 has been added to most of the drops of transportation. For instance, Sabo to Central Market is now #200 as against #150 before subsidy removal. Both Bikes and Keke also increased their transport fair by #50 only.

However, in Benin the price hike is above 200% in most routes. From Ring Road to bypass used to be #300 before subsidy removal. But it has now been increased to between #500 and #1k. From Ekiosa market at 3rd to Aduwawa used to be #150 before subsidy, it is now between #300 to #400. Same applies to all routes in Benin.


All pure water raw materials are the same. I wonder why pure water will be cheaper in Kaduna while the same pure water is 3 times higher in Benin.
Note that, fuel cost more here in Kaduna than Benin. Some fuel stations sell above #700 here. While the same fuel goes for between 580 to 620 in Benin.

Let me school you a little!

Benin City is in Nigeria but it is an extension of Europe .

Funds from diasporan remittances is the life line of Benin City economy.

There is stupendous wealth in Benin City.

My dividend stocks growing like grass after I have pocketed my dividends!

This is the beauty of efficient equity investment,there is always dividend or/and capital appreciation.

Just dey play just dey play just dey play!

You buy shares of a particular company,but for the past 2 years you never collect dividends just dey play

I'm just singing.

YoungBuffet:
Guy u don miss road ooo for here? Where we have professors and PhD holders in whatever category of investment you can think of. U better join the forum to learn more so u have more to tell your followers.

Abeg leave lawyer 'Kunle' wey turn investor over night make he dey play!

Before we know am now,him don tell his followers to invest in Japaul;and after them buy Japaul dem go come enter 'hopeful investor' mood.

Just joking!

Harvestock01:
They now have an online portal where you can make your claims.

This is wonderful!

Harvestock01:
CardinalStone is another very good registrar.

I remembered when I wanted to claim my outstanding FCMB dividends.

I was asked to fill, sign and send the e-dividend mandate form through my email to the company's email.

This was how I got my outstanding dividends without any stress or delay.

Mfunkynation:
For Afriprudential registrar, there is an expo.
send them mails and copy this email:
obong.idiong@africaprudential.com.

See as them be calling you

There was a time I filled the transfer form and e-dividend mandate for the TRANSCORP shares,and I also attached evidence of purchase; and this is like 3 to 4 years ago.

Every time I remind them of non payment of my outstanding dividends,they always tell me to repeat the process I have performed above.This is very ridiculous of Afriprudential registrars.

thesilentone:
In my response to the OP, I gave him/her the opportunity to ask a followup question which never arrived.

You've named ONE of the efficient registrars, not many names left.

What are the other names?

Mfunkynation:
Cordoros registrar shock me with my dividends this year without filling any mandate

Thank you!

I'm still battling to get my dividends from Afriprudential registrars after selling more than 98% of my TRANSCORP shares.

Afriprudential registrars is too archaic.

In addition to Coronation registrars,what are the registrars you don't have to fill e-dividend mandate before you get your dividends?