Essentialone's Posts
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nani667:Lol |
The man is a big fool. If only he slowly watched the performance of Rema during the Ballon DOr, he would have learnt something great from the young Nigerian. That video is a must watch for all men. Maximum respect to Rema. |
The Central Bank of Nigeria (CBN) has taken a proactive step to address outstanding foreign exchange (FX) forward contracts to restore confidence in Nigeria's economy. Specifically, it is reported that the apex bank has commenced the disbursement to several banks and airlines, effectively clearing the backlog. This action underscores the government's commitment to stabilizing the naira. In response, the naira at the official window (NAFEM) appreciated week-on-week by 1.78% to settle at NGN776.14/USD. Additionally, the Senate has approved a supplementary budget of NGN2.17trn for 2023, with a deficit of NGN6.25trn (c. 3.39% of the country's GDP). This supplementary budget allocation, which addresses critical national priorities, includes NGN605bn allocated for bolstering security and national defense efforts. We expect that this budget will assist in confronting ongoing security challenges effectively and stimulate economic growth in the country. On corporate actions, Stanbic IBTC Holdings Plc (STANBIC) announced that its banking subsidiary, Stanbic IBTC Bank, has been reregistered as a private limited company, effective October 31, 2023. Importantly, this transition maintains the bank's status as a wholly owned subsidiary STANBIC, with no alterations in ownership, shareholding structure, or core business objectives. The re-registration is primarily intended to streamline the bank's legal entity, eliminating any prior confusion in the market where investors and the public often incorrectly identified the bank as the listed entity rather than STANBIC. Furthermore, GlaxoSmithKline Consumer Nigeria Plc (GLAXOSMITH) has received approval from the Securities & Exchange Commission (SEC) to propose a Scheme of Arrangement to shareholders to dissolve GSK's business. Under the terms of the Scheme, all outstanding shares of GLAXOSMITH will subsequently be cancelled, while all shareholders (except GSK UK) will receive a total cash distribution of NGN17.42 per share owned. Presently, GSK is at N12.40. Expect it to be on Full Bid by Monday. If one can get it now at 12.40, you get to pocket 40.50% gain on your invested capital. |
This week, the ASI gained 4.56% WoW to a historic high of 70,196.77pts, bringing the Year-to-Date return to a new level of 36.97% (vs. 31.00% in the previous week). All sectoral indices recorded week-on-week gains save the NGXOILGAS, which closed flat WoW. |
yaseer111:It's not yet end of the month. And the full moon is not yet out. |
UkwuAmu:
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This ongoing war between Aliko Dangote and BUA is not good at all. https://dailynigerian.com/dangote-group-accuses-bua/ https://africa.businessinsider.com/local/leaders/bua-responds-to-dangotes-allegations-reveals-agelong-battle-against-his-monopoly/4qm8bvb I know that BUA has always wanted to becomes Forbes Richest Man in Nigeria and perhaps also in Africa But this online fight between Dangote and BUA is avoidable “To Mr. Dangote and the Dangote Group, we say: Let us build, not belittle, Let us cultivate, not conquer. While we may share the marketplace, we need not share malice. We have nothing to do with your self-inflicted issues. Blame no one but yourself," the statement stressed. BUA reaffirms its commitment to innovation, integrity, and inclusiveness, saying the company's history is marked by hard work, not entitlement. When they open their mouths wide, I suddenly realise that the Billionaires that I adore, are mere humans. Reminds me of when Otedola and Tony Elumelu started washing their dirty linens in public earlier this year. In the next few days, I expect the Grand Master of Letter Writing to respond. And it will shatter all tables completely. Watch out and Wait for the response of OBJ. |
CHAMS at 2.01 JAPAUL at 1.21 Is the Party over? |
Has Aliko Dangote officially changed his name to Danjuma Willie Daniel? |
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Hogwarthtrades:UACN. Buy more, Hold on, or Sell off? |
megamank:MegaMumu |
https://businessday.ng/energy/oilandgas/article/why-nnpcs-love-affair-with-mrs-aa-rano-stirs-angst/ https://businessday.ng/companies/article/mrs-generates-more-cash-from-operations-than-peers/ https://nairametrics.com/2023/07/05/strong-performance-and-forecasts-for-mrs-oil-nigeria-plcs-share-price/ https://africanfinancials.com/document/ng-mrs-2023-ir-q3/ |
https://www.thisdaylive.com/index.php/2023/10/13/guinness-nigeria-not-leaving-nigeria-says-ceo https://businessday.ng/news/article/guinness-stops-importation-of-premium-spirits-to-reduce-fx-exposure/ https://www.icirnigeria.org/nigeria-currency-problems-made-guinness-to-stop-baileys-johnnie-walker-sales-official/ https://sunnewsonline.com/weve-no-intention-to-exit-nigeria-guinness-plc/ https://tribuneonlineng.com/ember-month-campaign-guinness-nigeria-frsc-call-for-responsible-drinking/ https://punchng.com/guinness-frsc-create-awareness-on-road-safety/ |
https://businessday.ng/companies/article/rif-trust-ecobank-partner-to-boost-investment-opportunities-for-nigerians/ https://african.business/2023/10/partner-content/ecobank-ceo-the-fintech-challenge-shows-the-best-of-young-people-and-their-ideas https://www.vanguardngr.com/2023/10/smes-have-potential-to-tackle-unemployment-ex-eco-bank-boss/ https://disrupt-africa.com/2023/10/11/cameroonian-startup-koree-wins-50k-top-prize-at-ecobank-fintech-challenge/ https://techcabal.com/2023/10/09/koree-wins-50000-ecobank/ https://techeconomy.ng/be-cyber-security-conscious-ecobank-advises-customers/ https://african.business/dossiers/ecobank-fintech-challenge-2023 |
Long life is a gift from God alone. Kids will not understand... |
3 stocks that will still be on Full Bid tomorrow are: Japaul Chams UACN Do your own DD. |
For those who are not aware, Fubara comes from the same village as King Jaja of Opobo. If you did not learn History in your school, how is that one my headache? |
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Interim/Special Dividend & Bonus Monitor 2023 🖥👁🗨 (Tracking & Compilation Monitor) 📍 (A). Interim Dividend (ID) • Berger Paints ID .... 20k PD....Nov 16 QD.....Nov 8 Paymaster; Meristem • NASCON ID .... 100k PD....Nov 17 QD.....Nov 9 Paymaster; Meristem • Seplat ID 3...3c PD....Nov 20 QD.... Nov 10 Paymaster; Datamax • Presco ID .... 200k PD....N/A QD.....N/A Paymaster; First • Okomu Oil ID .... N4.50 PD....N/A QD.....N/A Paymaster; Cardinalstone • CBP ✔️(Paid) ID...5k PD....May 15 QD...Apr 25 Paymaster; Light House • Okitipupa Oil Palm ✔️(Paid) ID...50k PD....May 15 QD...Feb 26 Paymaster; GTL • Newrest ASL ✔️(Paid) ID...N2.18 PD....June 7 QD...N/A Paymaster; Meristem • Multiverse ✔️(Paid) ID...5k PD....June 14 QD...May 24 Paymaster; Carnation • Seplat ✔️(Paid) ID 1...N13.95 PD....June 16 QD...May 18 Paymaster; DataMax • Cornerstone ✔️(Paid) ID...6k PD....June 21 QD...June 5 Paymaster; LightHouse • MTNN ✔️(Paid) ID...N5.60 PD....Aug 24 QD.....Aug 16 Paymaster; Coronation • Seplat ✔️(Paid) ID 2...3c PD....Aug 30 QD...Aug 17 Paymaster; Datamax • NGX ✔️(Paid) ID...25k PD....Aug 31 QD...July 31 Paymaster; Datamax • Custodian ✔️(Paid) ID... 15k PD....Sept 5 QD...Aug 18 Paymaster; Meristem • UPDC REIT ✔️(Paid) ID ... 19k PD....Sept 7 QD.....Aug 31 Paymaster; First • Fidelity Bank ✔️(Paid) ID ... 25k PD....Sept 22 QD.....Sept 15 Paymaster; First • GTCO ✔️(Paid) ID ... 50k PD....Sept 25 QD.....Sept 14 Paymaster; DataMax • Stanbic IBTC ✔️(Paid) ID ... N1.50 PD....Sept 27 QD.....Sept 12 Paymaster; First • Zenith Bank ✔️(Paid) ID ... 50k PD....Sept 29 QD.....Sept 22 Paymaster; Veritas • Access Holdings ✔️(Paid) ID .... 30k PD....Oct 19 QD.....Oct 5 Paymaster; Coronation 📍 (B). Special Dividend (SD) • Seplat ✔️(Paid) SD...5c PD....May 16 QD...Apr 18 Paymaster; DataMax • CSCS ✔️(Paid) SD...50k PD....June 19 QD......June 2 Paymaster; African Prudential • UBA ✔️(Paid) ID .... 50k PD....Oct 6 QD.....Sept 26 Paymaster; African Prudential 📍 (C). Bonus (B) • Ikeja Hotel Bon... 1 for 3 QD.....N/A Registrars; GTL • Thomas Wyatt Bon... 4 for 5 QD.....Nov 23 Registrars; Meristem |
udokaozo:https://saharareporters.com/2016/05/09/witness-tells-court-how-gobir-defrauded-afromedia-over-n1bn https://www.premiumtimesng.com/news/more-news/227459-director-defrauded-company-n45-billion-md-tells-court.html?tztc=1 https://www.ripplesnigeria.com/afromedia-accounts-frozen-risk-losing-properties-as-firm-is-slammed-with-lawsuit/ |
Significantly, the prices of the following companies have remained stagnant: Ecobank FIDSON Guinness MRS Nigeria Breweries NB PZ WAPCO Any cause for alarm? |
Urheadmaster:You would appoint those who continue to insult you daily? Give yourself some brains. Some people say you are claiming to live in Germany. But your comments show you may actually be living in Gambia. |
nlfpmod:You are not yet a Governor or President, and you are already practicing absolute power. So because you are Nairaland Moderator, you post and immediately push it to Front Page? But when others post, you wait until the post has 1,234 comments before you push it to Front Page. Well done ooo. Oga Modnator |
MRS stock may likely rally up in price soon. Stocks that are also likely to continue on Full Bid today are: ETranzact JapaulGold UACN |
MaxInDHouse:A part of me agrees with you. |
Whether you are rich or poor, if you have not lived abroad before. Try and do so. For the sake of your grandchildren. |
https://fb.watch/nYsgYK626w/?mibextid=6aamW6 I remember when Nascon (Dangote Salt ) was at #0.69k for a long time and then Dangote came into the company and revived it and the price soared. He did a day or 2 days offer for sale at #22 and many besieged the Stock Exchange to have a pinch of Dangote salt, and someone who invested #690k to buy 1m units is worth over #55m. Like some people will say, you don't make a loss until you sell. Stock monitoring and switching would have saved the loss. |
I wish him to get well soon. |
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