₦airaland Forum

One day, I will set trap for Bag Snatchers. The person will not believe what they will see inside the bag they will snatch from me.

Uchenna10:
People should stop taking hard drugs,it makes one to start thinking rubbish

I agree with this. Especially that nonsense Colorado. One guy fell into muddy gutter some days ago, and was stinking.

HellVictorinho6:
Studying philosophy is a waste of time in nigeria


Am not ashamed bcuz i need it


Certificates are not needed 4 human rights 2 exist

Human rights are independent of certificates

I have no further comment on this. Wish you all the best Sir/Ma.

HellVictorinho6:
itz wickedness that is needed 2 make it in nigeria

Please, explain

Smiles

Can a Lady ever become the President of Nigeria? If Yes, when most likely?

HellVictorinho6:
Can u help me with 3k?

Or get me a job as a philosopher?

You mean you are a graduate of Philosophy? If Yes, you should be ashamed to be online begging for 3k.

Go back and return the Certificate. You are not worthy of it.

Celestialsword:
How did you know there are increase,are you one of them

Nope, and never will. But unless you are one of those blind ones under the bridge, you would observe stuffs, no matter how much of your business you try to mind.

The high increase of Gay and Lesbianism in Nigeria: What are the Causes and Effects?

Kajaard:
This runs girl.

Just see the way you exposed one of your clients car plate number for the whole world to see. You don't have any shame or what?

https://nvis.frsc.gov.ng/VehicleManagement/VerifyPlateNo link to see the name of the owner of the car. It is a Silver colour Toyota Corolla.

Zee0007:
What's that one fact you know about the face me and face you?

I am thinking of getting one which cost 140,000 but money never complete sha.

I want to know what to expect when I eventually have the complete money. Thank you all.

This is a faceless platform, but you are asking an emotion-laden question. It is sensitive, because it touches on one of the most sensitive area of human life, which is present Financial Status. Most of us in Nigeria were not born with Silver Spoon. Also, most Nigerians do not have equal access to this or that, so many factors to be mentioned. So we all have to start somewhere. But to cut the long story short. 3 persons can live in Face me I face you building. In next 5 years, one is still living in that Face me I face you apartment. the second one is now living in 2 bedroom rented flat. and the 3rd one has built a 3 bedroom bungalow on a land he acquired on the outskirts of the city. What is the difference between these 3 persons? Some will say Favour, Grace, Opportunity, God's Plan, Destiny, Miracle, and bla bla bla. From personal experience, I will give you the simple difference between them all: SHAME. Good luck if you can decipher that code word.

CBN TO FREEZE BANK ACCOUNTS WITHOUT BOTH BVN AND NIN STARTING FROM 1ST APRIL 2024

The Central Bank of Nigeria (CBN) says it will freeze accounts without both a Bank Verification Number (BVN) and National Identification Number (NIN) from 1st April 2024. This is according to a Friday circular by the apex bank which instructed banks to place a “Post no Debit” restriction – which prevents customers from making withdrawals, transfers, or any other debits “for all existing Tier-1 accounts/wallets without BVN and NIN”. “Effective immediately, any unfunded account/wallet shall be placed on ‘Post No Debit or Credit’ until the new process is satisfied. Effective 1st March, 2024, all funded accounts or wallets shall be placed on ‘Post No Debit or Credit’ and no further transactions permitted,” the circular by the CBN Director of Payments System Management Department Chibuzo Efobi, and the Director of Financial Policy and Regulation Department Haruna Mustapha read in part. It also said all BVN and NIN attached to accounts/wallets must be electronically re-validated by 31st January, 2024,

According to the bank, a BVN and NIN verification will be “conducted shortly”, adding that the move is part of its efforts to promote financial system stability and strengthening of the Know Your Customer (KYC) procedures in financial institutions. The bank will also carry out a “comprehensive BVN and NIN audit shortly” and where breaches are identified, appropriate sanctions shall be applied. “The process for account opening shall commence by electronically retrieving BVN and NIN-related information from the NIBSS’ BVN and NIMC’s NIN databases and for same to become the primary information for onboarding of new customers, and all existing customer accounts/wallets for individuals with validated BVN shall be profiled in the NIBSS’ ICAD immediately and within 24hrs of opening accounts/wallets,” the CBN added. In cases where a potential customer does not have a BVN and NIN, the CBN advised the regulated financial institution to “commence the process of enrolling the individual onto the BVN database and be guided by the extant protocols issued by NIBSS”.

Why were the equities of Jaiz Bank, Unity Bank, Wema Bank, and delisted Union Bank of Nigeria, exited from the Banking Index of the Nigerian Stock Market?

Deadlytruth:
Have you considered the problem of illiquidity of the stock?

Despite the Pump and Dump scheme going on with Juli Plc, it has gained 336% increase this year 2024.

Best Company for this year.

Boshins:
https://nairametrics.com/2024/02/26/fbnh-is-now-most-capitalized-banking-stock-in-nigeria-topples-gtco/

The review of the indexes done by the Nigerian Exchange Limited has seen some banking stocks, such as FBN Holdings, Guaranty Trust Holding Company Plc, FCMB Group, and Stanbic IBTC Holdings Plc, added to the Banking Index. In a corporate announcement from the exchange on Tuesday, the equities of Jaiz Bank, Unity Bank, Wema Bank and delisted Union Bank of Nigeria are exiting the Banking Index. Stanbic IBTC and FCMB Group were previously identified as other financial institutions.
Index rebalancing is the process of adjusting the composition of a market index, ensuring it’s reliable and relevant. Rebalancing can cause significant shifts in trading volumes, affecting stock prices, sector trends, and broader market sentiment.
The NGX’s indices are rebalanced on a semi-annual basis on the first business day in January and in July respectively. “Nigerian Exchange Limited has announced the results of its half-year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; Afrinvest Bank Value Index; Afrinvest Dividend Yield Index; Meristem Growth Index; Meristem Value Index; and the five Sectoral Indices of The Exchange – NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil & Gas. “The review has led to the entry and exit of some companies from several indices which took effect at the opening of the market on Tuesday, 2 January 2024. Below are the incoming and exiting companies in the various indices,” part of the corporate notice read.
For the Insurance index, Universal Insurance Plc joined the index while International Energy Insurance Plc exited. The Pension index will be boosted by the addition of Transcorp Hotels Plc, Fidson Healthcare Plc, Nigerian Aviation Handling Company Plc and Conoil while PZ Cussons Nigeria Plc, Nascon Allied Industries Plc and Unilever Nigeria Plc are expected to exit.
NGX Lotus Islamic Index will witness the exit of Nestle Nigeria Plc. The Pension Broad Index will welcome Geregu Power Plc and say goodbye to Glaxo Smithkline Consumer Nigeria Plc. The likes of MTN Nigeria, Vitafoam, Stanbic IBTC Holdings and NPF microfinance bank plc will be added to the Afrinvest Div Yield Index while Dangote Sugar Refinery, FCMB Group, GSK and Cutix will exit the index. Meanwhile, the NGX closed with over N13tn gain for investors in the equity market in 2023. This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the market capitalisation closed at N27.915tn.
At the close of the year’s trading activities, investors on the local bourse had gained N13.003tn as the market capitalisation closed at N40.917tn. Similarly, the benchmark index of the exchange, the All-Share Index, had also appreciated. Its year-to-date gains stood at 45.90 per cent with the ASI at 74,773.77 points at the end of trading in 2023. This is a significant increase as the ASI had closed 2022 with YTD of 19.98 per cent.

essentialone:
17 MOST PENNY STOCKS, PRESENTLY IN THE NIGERIAN STOCK MARKET

(Which ones among them, have the fundamentals, or sentiments, to rally to above 500% in 2024?)

Associated Bus Company
Daar Communications
Deap Capital Management & Trust
Guinea Insurance
Juli Plc
Mutual Benefits Assurance
Secure Electronic Technology
Omatek Ventures
Prestige Assurance Company
Regency Alliance Insurance
Royal Exchange
RT Briscoe
Sovereign Trust Insurance
Tantalizers Plc
Universal Insurance Company
Veritas Kapital Assurance Plc
Wapic Insurance

Without so many people noticing, Ticker: Juli Plc, has been making an uptrend and what caught stock analysts’ attention is that the supposed cheap stock is getting expensive already. Food/Drug retailer Juli Plc has been capping gain of about 10%, up from N1.22 to N2.57. In the last seven trading sessions, it sustained positive price movement despite highs and lows moment in the local bourse.
Who owns the company? Wema Bank is a major investor in Juli Pharmacy, controlling 30% of the company’s shareholding. It is followed by that of Prince Julius Adelusi-Adeluyi, OFR, mni, who controls 28.63% of the company, while Midas Investment & Property Limited own 8.53% of the company.
It is currently trading through an alternative securities market, meaning that Juli Pharmacy has strong growth potential and could be moved to the NGX growth board based on performance. After its price re-rating, Juli Pharmacy’s market value has increased to about N426 million with shares outstanding of about 200 million. The pharmaceutical company’s turnover grew to N288.777 million in 2023, according to its regulatory filing. This represents an increase of 13.64% year on year when compared with N254.1 million revenue posted in 2022. Its gross profit settled at about N96 million in the period, which was 8.5% above N88.461 million in 2022. A fast increase in costs of sales dragged the company’s profit margin lower in 2023, its financial statement posted on the Nigerian Exchange showed. Juli Plc’s gross profit margin declined to 33.21% in 2023 from 35% in 2022 as costs of sales accelerated faster than revenue growth. The company ended the year with more than N6.7 million loss after tax, which happened to be an improvement from a post-tax loss of N11.068 million 12 months earlier. A deep dive into the company’s numbers showed that management efforts at reducing overhead have not started to pay off. Operating expenses remain a bigger drain to healthy bottom-line performance.
In 2023, the company’s operating expenses surged by 3% to N102.6 million from N99.529 million in 2022. The Company was incorporated on 14th September 1972 as a private limited liability Company under the name of Juli Pharmacy (Nigeria) Limited.

mkbessman:
I don’t want to do business in Nigeria. I just want to shift and change my environment. It helps in healing a lot of psychological problems. Everything is not business. I just want peace of mind and a happy life.

I not only like but love what you wrote here.

Salvation2:
It can only be found in Ebonyi State in Nigeria. There are two found in two different locations in Ebonyi State. Yes the tree is real and extremely powerful. Be warned and don't go near it.

Is it demonic?

What you do not know about, is bigger than you.

Is Europe tired of Freedom of Speech and respect for human rights?
Lol

Badadvisor:
I know cowards like you. Any small thing drop location or contact. If i catch you na small boys go lie you down flog sense into your strong head.

Ok. Remain lucky.

Badadvisor:
See this clown just dey mumu up and down dey carry neighbors wey dey ignore you for mind dem go still burst your head one day.
Sadistic entitled clown.

Clown
Mumu
Sadistic
Entitled

You too go collect Iron, if you bold drop your location and contact.

Sanwo Olu most especially should be blamed for producing and advertising Tinubu. Man followed his all around like a string in apron.

Christianoir:
It is weird, I don’t talk with my neighbour, we only greet nd hail each other that where it end, but I haven’t really have any meaningful conversation with them before and it bother me sometimes tho.. I’m mostly an introvert nd the shy type. Is something wrong with me, sometimes I want to speak to them, but me speaking to them will mean being friendly, which I’m avoiding, ever since I rented this compound I’ve avoided trouble. Nd I’m someone who cares about what people say or care about the opinion of others, things get to me easily tho

Do they see me as a proud/arrogant person.
I’m I weird. Is there people out there like me who have neighbors like me.

Im a student tho.

Please ignore my typo error.

To beat the hell out of you just dey hungry me.

Useless Neighbours like you all over the place. I hate them passionately.

SIXFEETUNDER:
Hehe

Hiding what is already exposed from behind.

Yoruba lokan. Na we get Nigeria now.

obinnazy:
Sincerely I don't have any addiction.

Wow. even Tinubu is addicted to Coke.

Nekwa gi nekwa Lassa Fever

Please, what part of her body does he imagine to resemble that of his late wife? Is it that side or that other side?

CBN TO FREEZE BANK ACCOUNTS WITHOUT BVN, NIN STARTING APRIL 2024

The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024. This is according to a Friday circular by the apex bank which instructed banks to place a “Post no Debit” restriction – which prevents customers from making withdrawals, transfers, or any other debits “for all existing Tier-1 accounts/wallets without BVN or NIN”. “Effective immediately, any unfunded account/wallet shall be placed on ‘Post No Debit or Credit’ until the new process is satisfied. Effective March 1, 2024, all funded accounts or wallets shall be placed on ‘Post No Debit or Credit’ and no further transactions permitted,” the circular by the CBN Director of Payments System Management Department Chibuzo Efobi, and the Director of Financial Policy and Regulation Department Haruna Mustapha read in part. It also said all BVN or NIN attached to accounts/wallets must be electronically revalidated by January 31, 2024,

According to the bank, a BVN or NIN verification will be “conducted shortly”, adding that the move is part of its efforts to promote financial system stability and strengthening of the Know Your Customer (KYC) procedures in financial institutions. The bank will also carry out a “comprehensive BVN and NIN audit shortly” and where breaches are identified, appropriate sanctions shall be applied. “The process for account opening shall commence by electronically retrieving BVN or NIN-related information from the NIBSS’ BVN or NIMC’s NIN databases and for same to become the primary information for onboarding of new customers, and all existing customer accounts/wallets for individuals with validated BVN shall be profiled in the NIBSS’ ICAD immediately and within 24hrs of opening accounts/wallets,” the CBN added. In cases where a potential customer does not have a BVN or NIN, the CBN advised the regulated financial institution to “commence the process of enrolling the individual onto the BVN database and be guided by the extant protocols issued by NIBSS”.