Nonny95:
The remaining result will be collated by 10am tomorrow.

These ones have been collated so far.😆

While this is impressive from Peter Obi.
I wanted to add that the total for APC wasn't computed correctly. It should have been 509,485 but Obi still ahead

Please google.
This is an old new from March 2019.

See link below:
https://allafrica.com/stories/201903070061.html

I just got out of a popular petrol station and was made to pay a N50 POS charge, having bought N2k fuel.

I thought the N50 charge now applies to N10k and above transaction.

Who else is experiencing this and why has the reviewed charge not taking effect.

Please guys, let this discussion end.

Haha, if Bernardo Silva had played the ball against a goalkeeper and it recocheted off his hand at that speed into the net, would you have called it a goal.

Cos I don't understand how Silva's handball is not a case in this scheme of things.

Pleeeeeeeeease

Hi Carlcare, My Techno C9 screen appears to have broken with a corner with dark ink and the rest of the screen all blank with some lines. I believe the screen may have to be replaced. How much would it cost me as I am headed to your office computer village, Ikeja.

This hotel manager deserves a statue in IMO State.

First class savagery.

...Not sure what class I was when I first heard the word BODMAS but I am very sure it was in primary school. More so, because I dreaded (or even hated) going to school when I was little, I am also sure I missed the introductory class on BODMAS due to either being ill or feigning illness. I don’t know which of my teachers or friends mentioned the full meaning of the acronym, but what I knew it as was;
[center]Brackets, Of, Division, Multiplication, Addition and Subtraction
[/center]
It was when BODMAS was trending on the internet, only as recent as September 2016, years after leaving primary school, that I realised I have been talking wrong about the meaning of the acronym. See below;
[center]Brackets, Order, Division, Multiplication, Addition and Subtraction
[/center]
I am also certain I wasn’t the only one who had this misconception of the acronym. God bless our teachers sha.
However, the essence of this article is not in whether the ‘O’ stood for ‘Order’ and not ‘Of’ but to address an observed problem that a lot of persons (young, old, elderly) do not understand how this foundational process works. I had my struggles in time past but it appears lot of persons display their misunderstanding of the term with so much confidence that the popular (wrong) response rather than the correct answer is accepted as right to a supposedly simple math problem.

And I ask myself, who is really to blame for this grave misunderstanding. Should we blame our primary school teachers who, themselves, misunderstood the BODMAS process and explained it to us to their own understanding? Or should we blame pupils who didn’t pay attention when the correct thing was taught or who saw teachers as gods and took everything they were taught hook, line and sinker? Or should we blame parents and guardians who did not understand the process or forgot the process and could not put their children through on the right? Whose fault is it?

It may sound funny but it is actually a very serious matter. By fire and by force, we must break out of these strongholds for the sake of our kids and wards.

Dear readers, do take a minute to answer the question below. Also share friends and colleagues to attempt. On the next series, I will also share the right BODMAS process and do share with everyone so that we can all understand.

Nltaliban:

So smile could not send the message to your smile sim

They had to use airtel

Kwantinu

Yes sir. My Smile network comes with their modem.
So communication goes through my mobile no.

dragnet:

That's the network SIM on which the message was received.

Thanks

Does your service provider give you any bonus, incentive or gift because it's your birthday?
Do you receive anything other than "Happy birthday, we wish your many more years ahead, From all of us at F..."


Or do you get, "Dear Emmanuel,
Smile wishes you a memorable Birthday today! Enjoy our gift of 1GB data to celebrate your day."

The big smile I had on my face after checking my data balance and affirmed it was legit. They blew my mind cos they were the first to send me a message and it came with a bang. Even my Airtel network never send me any message. There is God...

Please show some love to SMILE.

Please help this make front page. Airtel needs to send their free airtime and First bank their credit alert.

Dear all,

This document is pre-2012.
It is not the valid document as it has been repealed (read heading).

Please don't go arguing with LASTMA based on this.
E go clear for your eye.

As noted by the OP, the minimum fine for any offence now is N20,000

Be warned

@Op.

I would have thought so 3 years ago.
Until I became a salesman and I've thrived so well.

Everyone thought I wouldn't succeed at it back then, including myself.
You'd be surprised at the many things introverts can do.

Although the social fanfair is not a natural tendency, once there's a purpose to achieve, introverts will always thrive.

Medicine and Nursing, introverts prevail. They have learnt to engage with people in the course of their study and with purpose.
They are sensitive to what others feel and are able to give the right kind of care.

So, Introverts will not avoid those kind of jobs.
Even if they fail the first time, they are eager to succeed in it and prove not just you wrong, but themselves

Hmmm. How long have you been working with them?
I have been working for 3 years. I Joined her in August 2013. I can say a lot about my stay in this firm. Even before it. I had just gotten a regret mail from PWC for a graduate trainee role. Regret mails are the most devastating mails any fresh graduate will find hard to comprehend. I got a text message from them saying they were recruiting Retail Development Managers. I googled to find out exactly what the role was about. My dear, it was about selling. I who couldn’t sell myself to finance people in the last year, how do I sell myself to sales people.

I just pepped myself to go do the test, with some encouragement from my elder sister (i also had an elder brother and a younger sister) and see if i can improve myself through interview sessions. By this time, I had become over-confident in test matters, interviews were the big walls. All of a sudden, I became a bit motivated during the interview session. I wasn't scared this time that I would do poorly. Somehow, because I wasn't interested much in the job, I felt I had nothing to lose. I was just bent on trying to sell to sales people. If I could sell myself to these guys, then I could sell myself to anybody, I told myself. I could just do anything? Shy and Timid Emmanuel Hawke.

On my interview deck, I didn’t still think I sold myself well. Up until then, I had never actively sold anything to anyone. Selling was the last thing I ever thought I’d do in my life. In fact, selling did not make the list. And when the list was being read about those who qualified, I was damn shocked that my name was mentioned. But you know what; it was all I needed to do at that point. Learn how to sell, build confidence. That would be the beginning of my career in the sales world. Selling milk and yogurt.

Note: Of the three panelists, there was only one person who believed I stood a chance and I still tend to think that person gave me this chance I got. (You need 2 humans to believe in you- You and 1 person on the panel.)

How were you able to cope, there sure must have been some Nostalgic feeling, given the massive drift?
If you know what i mean? From introvert to by force extrovert. From waiting for people to start conversations to initiating conversations? Seriously, how did it all go? As it seems you have survived 3 years selling milk and yogurt.

****Continued****
How did the Job search after school go, what were you looking out for?

I knew what I wanted to do when I left the university. But I wasn’t sure of how I was going to get to it. I didn’t have much of a mentor in my school days. So everything I wanted to be spanned from what I thought, experienced and my relationship with friends. I never wanted to be like my lecturers who took up lecturing from day 1 but I believed I’d lecture someday. After I have applied myself in the real world, after haven understood the reality of the workings of the economy, after I have been able to put theories to test and influenced one or two factors in the economy. I believed I’d be more confident when I talk economics or teach economics if I experienced or influenced it actively.

The closest thing people talk about after school was getting professional qualifications. All I heard mostly about was how ICAN (accounting professionals) was hot cake and the way to go. But I knew I didn’t want to be much of an accountant. A role as an economic or financial analyst would best set me off. So I thought of the stock market, working in an investment banking firm. That was how I enrolled with the Chartered Institute of Stockbrokers just before I went for the National Youth Service in 2012. With 2 level exams to write, I came out with the best result in the Level 1 examination and was best in a course in the level 2 exams. By October 2014 I was a qualified member and by October 2015, I became an Associate Chartered Stockbroker.


Impressive, I’m sure a lot of stockbroking firms and investment banks would have been attracted to your feat?
Hmmm. My brother. It’s been one year since I became a Chartered Stockbroker. Recall you earlier asked what I do for a living.

Yes, you mentioned you sell milk and yogurt? Well that’s fascinating. How did that come by?
Truth is, I wasn’t the very confident person. I was timid/shy and didn’t seem like someone who was sure of himself. I did not do so well to impress a lot of interviewers. It got to a point that I started thinking if there was something wrong with me. I started thinking I wasn’t good enough. I certainly realised that knowing the stuff wasn’t all that mattered. Showing it confidently was. In fact, I thought confidence was all that mattered. What one knew was secondary.

I remember the very first company I applied for as a graduate trainee, I think. It was around February and March 2012, Renaissance Capital. This was just the perfect organisation I needed to start my career in. I wrote my first aptitude test and unsurprisingly, I failed it. I was very disappointed. I did my home-work afterwards, studied GMAT questions and answers. That would be the only aptitude test I think I have flunked till date. I went onto interview stages with KPMG, PWC and Grant Thortern (Audit firms), Access Bank, Nestle, UAC foods, Diageo to name a few. Well, a couple I missed out on due to time constraint while other online interviews I flunked big time.
And you know what, in every moment I advanced through the Chartered Institute of Stockbrokers, I was updating my Resume and sending it to mail addresses of every Stockbroking firm and investment bank I knew. In the 3 years between 2012 and 2015, I never got an invite. I was too timid to take my Resume by hand. I assumed it wouldn't change anything (Don't ASS-U-ME). Oh, sorry. I got one invite on the day I was to resume a new role at my current organisation,.....

Hmmm. How long have you been working with .....?

The details below is an excerpt of discussions with a Nigerian graduate, Ups and Downs in achieving his dreams and what he plans to do.
You'd learn that life isn't a fairy-tale all the time. A few failures here and there will always come by. Just keep pushing. Read on and enjoy


Tell me about yourself?
My name is Emmanuel Hawke. I was born in June, 1989. That makes me 27 years old. I live in Lagos, Nigeria with my parents.

What do you do for a living?
I currently work for an FMCG in Nigeria. I sell milk and yogurt for them.

Is that why you still live with you parents? Pay not enough to get an apartment of your own?
Not really. Given the economic condition, pay seems decent. Just feel I could save a few bucks on rent, bills and food by hanging out in their house for a while. Been some good while though.

Is that what you’ve always wanted to do?
To sell milk and yogurt! Of course not.

So tell me, what was your dream job growing up?
Well, I never really fancied the sciences in junior school and had fallen in love with mathematics and business studies. So it was easy for me to tell the world that I was going to be an accountant. What did an accountant mean to me at that age? Working in a bank and counting so much money. I guess that was allowed at that time. I really didn’t know jack of what an accountant did. I was between 11 and 12.

When I got into Senior School, I discovered a new love called Economics. It was like the best thing that ever happened to me. The theories, models, logics and generalisations were so fascinating that I started thinking in like manner. I guess the fact that it had a lot of maths, tables and graphs interested me more. By this time, I wanted to be an economist. I wanted to study the economy, how it worked, how it could be influenced and how I can influence it.

Hmmm, so I expect you must have aced Economics and Mathematics all through senior school?
Well… I enrolled for my first Senior external exam, G.C.E, just at the start of my S.S. 3. And guess how well I did. I got at least a credit in all important courses. However, except in the one I claimed to love the most, Economics. I think it was a D7.

That’s quite interesting. What was your reaction? How did it feel?
It was quite surprising at first. My friends and even my Economics teacher were shocked to say the least. Funny thing was, the subject areas I didn’t think I’d do well -e.g. government which I disliked because of the many tales and story-telling, advantages and disadvantages kinda thing- I passed.

Well, when I thought back to how the exam went and what I wrote, I immediately recognised where I’d flunked it. It was not a poor marking; it was me doing the wrong thing. It was my fault and I took responsibility.
Anyway, I sat for the May/June WAEC where I passed all my subjects and was good to pursue my dreams to study Economics and hopefully become the CBN governor when I grow up.

So, did you go on to Study Economics?
Sigh… I actually did at the end of the day. I didn’t have my first UTME result released for obvious reasons.

Sorry bro, the reasons are not obvious. What happened?
It was just a month or so before I wrote my WAEC exam. My parents had registered me at a special centre and the whole special centre thing was strange. I got into the exam hall late because I was waiting for answers. Even when I got to my sit and was given my question paper and shading sheet (OMR form). It all seemed weird. The invigilators eyes seemed to be affixed on me and I practically didn’t know what I was doing. I was a naïve brat thrown into a pool of cheating. I think my paper was ceased for the bulk of the exam period before it was given back about 20 minutes before the exam ended. I think I cried all through the evening on getting home. I made up my mind that was the last time such was going to happen to me.

Hmmm, I’m sure a lot of persons can relate to that. So, what next?
I wrote the UTME the following year, applying to study Economics at the University of Ibadan. I think I did pretty well. Not certain of the score now but it was around 256. I started the admission process and provided my WAEC result to be scored alongside. Overall, my score wasn’t high enough to be considered for economics. I had to switch to Geography to make it through.

However, I wrote another UTME where I got the chance to study Economics and Statistics at the University of Benin. I didn’t graduate top of my class, although I came out in the Second Class Upper Division. I was beaming with energy and excitement. Ready to take over the world. Or did I?

How time flies

PZ Cussons Nigeria Plc is in murky waters.

It’s recently released first quarter results showed a huge foreign exchange losses swallowed all of its operating profit, resulting in a loss after tax. The soap-maker has battled with a scarcity of foreign-exchange, soaring inflation and weaker consumer demand.

PZ Cussons Nigeria Plc has released its Q1 unaudited financial statements for the quarter ended 31 August 2016. The results show that the company recorded N2.43 billion group pre-tax loss, a loss after tax of N1.58 billion from a profit of N546.80 million the same period last year. Sales increased by 12.40 percent to N16.75 billion as the company’s strong brand across a wide spectrum continued to support the top lines.

The loss position was due to foreign exchange loss of N4.70 billion that wiped out all of the N2.21 billion in operating profit in the period under review.

Most companies in Africa’s most populous nation have recorded huge exceptional losses as a result of the adoption of a flexible exchange rate by the central bank in June that saw the naira loss 30 percent of its value to the dollar.

The naira depreciated by 8 percent on the interbank market N320.21 as at 4:30pm while the black market rate goes for N475 .

PZ chief executives had complain that the environment is challenging saying the currency peg imposed by the apex bank would undermine growth as it was practically difficult to source dollar for the purpose of buying raw materials for purpose of production.

The economy of Nigeria has been hard hit by a 50 percent drop in the price of oil while GDP shrank to 2.1 percent in the second quarter while the IMF forecast a contraction of 1.80 percent as the country fell into a recession, the first in 20 years.

Inflation rose to 17.60 percent in July as against 17.10 percent as at July, the highest in 11 years.

Nairametrics is of the view that since exchange losses are a one off events of exceptional items, the company will rebound to growth at the bottom line.

http://nairametrics.com/floating-of-naira-punishes-pz-plc-with-a-n4-7-billion-exchange-loss/
http://www.businessdayonline.com/en/pz-cussons-reports-q1-group-loss-before-taxation-of-n2-43bn/

Hmmm

Inflation can be really annoying as the cartoon below portrays. I remember the food stuff price situation in Nigeria over the last 3 months especially for rice and tomatoes. It must have really gotten under a lot of skins, right? That’s by the way.

I would have posted this article in May when the National Bureau of Statistics announced that headline inflation rate for the month of April, 2016 was 13.72%. But I needed to protect my position before commercial banks, investment banks, real estate firms and other organisations began to use it as a means to scare people into investing their idle cash with them.

Take this truth for example
“At a continuous inflation rate of 13.7% per annum, the N100,000 in your savings account will be worth N50,000 in 5 years, 4 months, 23 days and 12 hours.”
I for one would have been gripped with fear before thinking of a way out and start yearning for a solution or some salvation from this plague called inflation. Check out these options;
“Invest N100,000 in my firm today and I’ll ensure that the real value of your money in 5 years, 4 months, 23 days and 12 hours, remains N100,000.” or
“Invest N100,000 in my firm today and I’ll pay you back N200,000 in 5 years, 4 months, 23 days and 12 hours.”

While I’d like to know which option you would buy into. In truth, both packages are technically the same thing.

My Anger
Unfortunately, 2 months have passed since then and I have heard nothing from these top-notch organisations. At least some form of threat would have been nice to start with. Or maybe I have not been reading the papers and listening to the news very often. Though I feel a bit disappointed. Or maybe investment firms have more on their hands to grapple with or can’t provide a financial solution that would protect investor’s funds from the impact of inflation or at least reduce their losses.

My Opinion
Well, if you ask me, I’ll tell you real estate, landed property. I’d also mention some fixed income security that may reduce your losses. A well diversified mutual funds may suffice. If your co-operative isn’t investing in like manner or isn’t helping you get good deals, then the loan opportunity and light terms are the only benefit I see in it.
However, if you keep lots of idle funds in your savings account, inflation eats into its value, and then add all the magnificent bank charges that have been increasing in recent times.

My Threat
NBS announced a 15.6% inflation rate for the month of May 2016. If this rate continues, every N100,000 in your savings account will be worth N50,000 in 4 years, 9 months, 11 days, 7 hours, 45 minutes and 49 seconds from today. Make a wise investment today.

Note: Inflation rate is not necessarily going to be constant. Expectations may vary from month to month or year to year. The assumptions used are based on the consistence of such constant rate over several periods.

Finally, the CBN takes a decision on forex, provides a more floating exchange rate guideline and the market economy seems pretty excited as access to the green back is sure to improve and a level playing created for all businesses. Trust more dollars will come out from their hide-out even as foreign investors are lured back into the country...

Step in the right direction I'd say, though with a risk of further inflation but only a short time

Crude oil output for quarter 2 was forecasted at 1.6m barrels per day during the period.
With the rate at which oil installations are being attacked and output shut in by oil firms.
Q2 crude oil output forecast may drop to an average 1.4m barrel per day.

Nigeria is sure doing a good job propping up oil price on the international market.
With more forex shortage imminent, the value of the naira may slide further leading to rising import inflation. If foreign investment (or dollarsof some sort) does not close up balance of payment challenges

Congratulations to her...

On a side note, there were three(3) sets that graduated.
What happened to the best graduating students of the 2 other sets...

Well... See below details from the debt management office...
This should clear up some matters.

Please read below jere

UAE Government Releases List Of Nigerian Politicians Who Have Properties In Dubai, Abu Dhabi



President Muhammadu Buhari’s agreement with the United Arab Emirates to help recover stolen money may have yielded quick results as the UAE government has released names of Nigerian politicians who have properties in the oil rich country.

According to Sahara Reporters, some notable Nigerians who served under Goodluck Jonathan had several businesses and properties linked to them in Dubai and Abu Dhabi.

See the list below
Governor Ayodele Fayose owns a house in Dubai

Senate Minority Leader and former Akwa-Ibom governor has a plush home in Dubai linked to him
Former First Lady, Patience Jonathan has three properties in Dubai as well as several businesses


Former Bauchi governor, Isa Yuguda has a property in Abu Dhabi where he is currently hiding.

Former ‘Chief Servant’ of Niger State, Babangida Aliyu has a property linked to him in Dubai.

Former Aviation minster, Femi Fani-Kayode has a property linked to him in Dubai.

Former Minister of Transport Idris Umar also owns a property in Dubai where he is currently hiding in Dubai.

Former Minister of Niger Delta, Godsday Orubebe also owns a property in Dubai.

Former Attorney General and minister of Justice, Mohammed Bello Adoke owns a house in Abu Dhabi.

Former minister of state for finance, Bashir Yuguda who is currently on trial has two houses linked to him in Abu Dhabi.

Former minister of Petroleum Resources, Diezani Alison-Madueke has several businesses linked to her in the UAE.

Many Nigerians on social media are happy that the anti-corruption war of this administration is yielding results but many are also of the opinion that the war is one-sided and only focusing on the political opponents of the President and his allies.

http://www.24hourgossip.com/2016/05/uae-government-releases-list-of.html

989900B:


I have no idea what they're up to with this.

Market forces may be allowed to determine the value of the Dollar against the Naira.
That should see the official exchange rate plummeting from N197/$1 to between N260-N280/$1
Hope they also make FOREX easily accessible this time

CBN finally decides... Allows exchange rate to float more freely
http://dailypost.ng/2016/05/24/cbn-finally-adopts-flexible-exchange-rate-policy/

Hmmm... Some other countries are already deep in the mess.
See Venezuela:
https://www.nairaland.com/3124689/sugar-scarce-venezuela-coca-cola-stop

Coca-Cola Co. is halting production of sugar-sweetened beverages in Venezuela as the company’s namesake soda pop becomes the latest victim of a lack of raw materials in the cash-strapped country.
The iconic drink is the latest to join a group of basic products becoming scarce in a country beset by currency controls, goods shortages and the world’s highest inflation rate. Kraft Heinz Co. and Clorox Co. have also had to interrupt operations in Venezuela, where it’s now common for citizens to wait in long lines for household items such as deodorant, toilet paper and medicine.

“Sugar suppliers in Venezuela have informed us that they will temporarily cease operations,” Kerry Tressler, a Coca-Cola spokeswoman, said in an e-mail. The company is talking with suppliers, government authorities and others to work on a solution.
Venezuela is experiencing the worst recession in decades as the falling price of oil, which accounts for about 95 percent of foreign currency earnings, pushes international reserves to a 13-year low of $12 billion. The economy contracted 5.7 percent in 2015 and is expected to shrink an additional 8 percent this year, according to the International Monetary Fund. The inflation rate is projected to climb to almost 500 percent.

Military Exercise
Rising political and economic tensions are gripping Venezuela, with the country holding the biggest military exercise in its history this weekend as the opposition pushes for a recall referendum on President Nicolas Maduro. The opposition has pledged further demonstrations nationwide to pressure Venezuela’s electoral board to process a petition to activate the referendum. Maduro’s critics accuse the government of stalling to avoid early elections.
Price controls, rising costs and a lack of foreign exchange have resulted in a drop of sugar-cane production in the country, according to a 2015 report from the U.S. Agriculture Department.

State Monopoly
“The state monopolizes decisions to grant fixed dollars to import sugar raw material, since it is a regulated product,” said Luis Marin, president of the Industrial Chamber of Lara state, where four sugar-processing plants are located. “Venezuela has always imported, but there has been a major increase in the last couple of years.”
Coca-Cola said the production of beverages without sugar, including bottled water and Coca-Cola Light, isn’t affected. Coca-Cola Femsa SAB, the distributor of the company’s products in Venezuela, declined to comment.
Last month, Empresas Polar SA, Venezuela’s biggest brewer, said it would be forced to stop making beer because it can’t get the foreign currency it needs to purchase malted barley.

http://www.bloomberg.com/news/articles/2016-05-23/coca-cola-to-stop-production-of-sweetened-beverages-in-venezuela

Interesting points. Listen to this

https://www.youtube.com/watch?v=HkRkTeuF7RQ

Tough Choices
The outcome of CBN Monetary Policy Committee meeting this week will seek to influence areas of foreign exchange policy, inflation, rising unemployment and economic growth. Great creativity has to come into play.

Policies to increase foreign exchange access that will cater for importation of necessary manufacturing inputs as well as stimulate economic growth are imminent. However, 2 evils may have to be considered; increasing interest rate to curb inflation and attract foreign funds (which may negatively impact the local economy in the short term) or devalue the nation’s currency and ease FOREX access to reduce the pressure on dollar demand and make more Naira available upon conversion of export proceeds to run the local economy.

Consumer demand is squeezed with rising prices (inflation) eating into their constrained budget thanks to the increase in food prices and PMS prices. Unemployment figures from NBS shows that more Nigerians are thrown into the labour market, either from having lost a job or having graduated from higher institutions (or finished NYSC where necessary). State governments are finding it difficult to pay salaries as crude oil earnings which contribute significantly to budgets of Nigeria’s federal and state governments fall short.

A grave task lay in the hands of our leaders.

Written by Emmanuel Imaguezegie

Tough choices indeed
See link: https://www.nairaland.com/3123052/nigerias-daunting-economic-challenge#45903073