₦airaland Forum

................ Britain’s EU exit won’t affect Nigeria’s economy in short term – Adelegan ................
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http://www.vanguardngr.com/2016/06/britains-eu-exit-wont-affect-nigerias-economy-short-term-adelegan/?

ihedioramma:
Brother, oando is good for jijo and long time investment just try and get it very low you all enjoy it . example, 9free,born be rich and GODisfaithful buy oando last month @#3.50 and sell last week @#7.50 is it not 100% profit ? . just cool down follow up we all make money this year AMEN . one love .

.....Bro...why now....?....hehn....?....the lowest oando has been since march is 3.90......
....there is God ooooooo...... ........
.....and we all know NSE stocks cannot gain or lose more than 10% in a day......
.....and 10% loss of 3.90 is 3.51.....so please baba.....

.......a financial analyst just informed me that the bear we saw yesterday was simply a profit taking from the bulls during the week.....and not the effect of brexit....
.....I sincerely hope he is right....but only the bid and offer prices before the market opens on Monday will give a hint if that is true......

locodemy:
grasshopper wey dey burn na the thing you say oil full em body.........gudluck........me i don carry my change run......

music for skye.........show us result.......show us result.......vuuuuuuuuuuuuuuuuum

.........@Locodemy......I dey follow sing this song with loud volume microphone speaker.......
.............show us result.......show us result...........show us result.......show us result....... ..............

............... Nigerian interbank rate falls after banks rediscount debt notes .......................
..... http://af.reuters.com/article/nigeriaNews/idAFL8N19G5J0 ..................
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......... UPDATE 1-Nigeria naira holds flat as central bank sells dollars ...................
...... http://af.reuters.com/article/nigeriaNews/idAFL8N19G5DC .................
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......how come despite brexit.....pound is still rising against the naira in the black market.....?.......
...... http://abokifx.com/ ..............

Intendy:
stock with new 52 weeks low

Vitafoam #4.00

No new 52 weeks high

...........typical.................

........... http://www.bbc.com/news/live/world-africa-36452783 .......................
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Thoughts on Brexit's impact on Nigeria
Posted at
11:36
A former Nigerian minister and World Bank vice-president has been tweeting how she sees the impact of the Brexit vote:

Oby Ezekwesili ✔ @obyezeks
#Brexit just changed the world as we once knew it. That move shall be far reaching.
8:20 AM - 24 Jun 2016
53 53 Retweets 21 21 likes
Report
She also wonders if Nigeria is ready for the fall out:

Oby Ezekwesili ✔ @obyezeks
I hope our FG has worked on a Negotiation Team to discuss new terms of Bilateral (Trade, Investments & Dev) Relations with the new UK. #Fast
8:44 AM - 24 Jun 2016
164 164 Retweets 45 45 likes
Report

Oby Ezekwesili ✔ @obyezeks
No waiting, dear. All Serious countries worked out the 2-way Scenario analysis b4 today &so already know what to do!
8:56 AM - 24 Jun 2016
22 22 Retweets 12 12 likes
Report
It's worth remembering that the British vote to leave the European Union does not trigger an immediate departure.

The prime minister has to tell the EU that Britain intends to leave - something that David Cameron has said he won't do before stepping down - and there is then two years of negotiations.

angelo82:
Just small pull back and then Access will stabilize at 6.50 while UBA will establish at 5.30.Not the time to exit those stocks.Pull back is unavoidable but we should pray for positive news that will have greater impact on the banks.

...PRAY............

.......... http://www.nigerianmonitor.com/stock-market-crash-pounds-fall-britain-votes-leave-european-union/ ...............
.......... http://af.reuters.com/article/investingNews/idAFKCN0ZA25J ........................
........... https://www.naij.com/870440-top-7-effects-of-uks-eu-exit-on-nigerian-visa-applicants-and-investment.html ........
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Brexit and Africa: The only certainty in all this is uncertainty

Matthew Davies
Editor, BBC Africa Business Report
Posted at
13:19
The UK's trade deals with Africa are essentially the EU's trade deals with Africa. As the UK exits the European Union, all those deals will have to be renegotiated. That could take years, leaving trade relations between the UK and Africa very uncertain. It’s likely though that the UK will simply keep the same trade deals with its African partners for the foreseeable future. Some say a UK free from the EU will be keen to improve its trade relationships with its Commonwealth partners – many in Africa. Other say while it'll still have to do business with EU, it will really set its sights on China.

There may be some unintended consequences as well. In terms of development aid, Brexit raises another question mark. The UK has pledged 0.7% of its Gross National Income (GNI) to development aid. While it probably won't go back on that promise, if the UK goes into recession and the GNI falls, that reduces the amount of money for aid in real terms.

Last weekend, South Africa's Finance Minister Pravin Gordhan was been quoted as saying that if the UK exits the EU, "the volatility and uncertainty could have a serious impact on us as a country."

Until the fog of panic clears and waters calm that will be true, not only for South Africa, but for the continent as a whole.

.......ACCESS baba.....the lineage is strong....... ...........

nio68:
he would remain till October when the Tories would hold their party conference .. he needs to steady the ship in the interest of the country

...........yes now......like all the jobs I ever resigned from.......
...there must be a transition period....but the resignation has already happened and is valid....
......and pound is already in free fall......

makashava:
David Cameron says he plans to resign as prime minister of Britain after the country's decision to leave the European Union

............belated....already resigned............

............... http://www.telegraph.co.uk/news/2016/06/24/eu-referendum-results-live-brexit-wins-as-britain-votes-to-leave/ ..........
........David Cameron has resigned as Prime Minister after Britain voted to leave the European Union............
...........POUND is in FREE FALL..............
..........Everybody wake-up.................

735i:
Una wey encourage us to enter ucap... Una well done oh... God bless una.
Make I take weekend money...
God bless all my bnsitl for NSEMPA

.... .......

Jejebaba:
Is anyone facing connection issue with Morgan Itrade keeps getting the message " Session Itrade NSE is not connected" for the past 10 mins.

.........its back up now........

feelamong:
Today na Today...

setting my trap for FCMB market makers...

..........MR Man.....which trap is that.....
...no make I go mountain of fire ooooo...... .....

Mfunkynation:
pls wat s fcmb,ucap,zenith,diamond n transcorp current price. Thankz

....last price (not ref price)......
fcmb - 1.78
ucap - 2.50
zenith - 17.75
diamond - 2.30
transcorp - 1.94 (dammit transcorp on full bid no offer..... ....)
......as at 11.42 am......

.....for FCMB....ACCESS and UBA....the only question remains.....what is a reasonable target exit point....
....was gonna exit but...this bull no allow me click sell button..... ........

..........the topic of season in nigeria is operation shine your eyes..........
...........and I pledge my.... to the Night's(stocks) Watch, for this night and all the nights to come...........
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http://www.pmnewsnigeria.com/2016/06/22/access-bank-md-wigwe-commits-to-diversification-of-economy/?

http://independentnig.com/2016/06/23/now-that-naira-is-allowed-to-float/?#

http://www.cato.org/blog/nigerias-floating-read-sinking-naira?

http://thenationonlineng.net/foreign-investors-may-not-rush-back-yet/?

http://www.punchng.com/new-forex-regime-needs-proper-management-ex-anan-boss/?

http://www.thisdaylive.com/index.php/2016/06/23/cbn-opens-discount-window-to-boost-liquidity-naira-strengthens-to-n282-801/?

megainvest:
Sometimes, heavily invested individuals like any one of us make this happen because of their interest in the stock. This is what I call "bull fighting". It is a better way to protect your investment than just looking and hoping that the price will rise.

Imagine you have 100million in a stock. By investing like 10million to push the price up 5%, you gain 5% on the 100 million! Do this for 3 days and you can be sure of 10% secured value.

This is how the men in black roll...

....thanks for this enlightening explanation.......

feelamong:
http://nairametrics.com/the-implication-of-what-foreign-investors-just-admitted-to-reuters/


better prepare for the worst o!!

.....Just when I wanted to relax......
.....you give me a reason to remain on my toes.....

... http://www.vanguardngr.com/2016/06/supply-gap-in-new-forex-market-forces-naira-down-to-n284/ ...

Godisfaithful:
Sir, FCMB close price is 1.78 (Naira)

.....sweet Jesus......entered at 1.71 and 1.69.......
...dreaming of bull tomorrow...not knowing I would see it today.....
......chai...... .........to the FCMB driver I say TWALE......

Godisfaithful:
Trust the driver of the vehicle sir lol

.....is this misinformation from NSE and Bloomberg because.....
....as at 02:28pm FCMB was still showing bid/offer as 1.68/1.70 on itrade.....?....
..... ....... or did someone wait till nearly market close.....
....to buy a very large volume of it to raise it to that price....?.....

Godisfaithful:
Trust the driver of the vehicle sir lol

.......alright.....I believe..... .......

......when Access and UBA are flying like this.......
....whats holding FCMB down.........?......

Dwizeone:
This forum is always boisterous when the market is bullish... Una too like better thing

...... ...........

...

fxuser:
things looking like a double top , however in d next few days we would know.
#Staycalm

.....got ya.............

.........the prudent question is.....will this trend end today....?........

lancee:
Sir u cld have sold this morning its ur choice , everyone has their targets and timing

U re the master of ur portfolio

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....trust me..... I did.....
....I sold all three.....
....and if this was really promising I could return now.....
........but.......