₦airaland Forum

They are usually Customer friendly at their Head office or major branches. All other branches dish you S**T!!!!!

Understanding the workings of penny stocks: http://www.punchng.com/Articl.aspx?theartic=Art20080224474139

Got this feom Sunday Punch. Quite informative, Instructive & educating.

As this our NSE dey waka, one needs to tread softly softly.

If person dey cry, make e dey see road o!

Understanding the workings of penny stocks: http://www.punchng.com/Articl.aspx?theartic=Art20080224474139

Got this feom Sunday Punch. Quite informative, Instructive & educating.

As this our NSE dey waka, one needs to tread softly softly.

If person dey cry, make e dey see road o!

I dont know who you are, but you qualify for the title "Angel" God will repay you the favour that you have provided to us

Thank you so much. May the good Lord Bless you.

Pls, what does this mean? This vehicle DOES NOT qualify for the CARFAX Buyback Guarantee

This service you are providing is much appreciated.

Can you help me check this VIN Number pls: 1HGCM66825A021680 (Honda Accord V6) thanks

Blessings to you all!!!

Does anyone know whats cooking with GTA Insurance? Are they really planning something?

My good people, can these be confirmed: Sovereign Trust is processing an offer for subscripton expected to be open towards the end of 1st quarter or beginning of second quarter.

Unfortunately, with no disrespect to the serious and competent engineers, i am forced to agree with the topic because of these 2 examples which is an indication of many disasters waiting to happen.

(1) How can you put a Bus stop at the Ascent of National Stadium Flyover?

(2) How can you put a Bus stop at the turning of Ogudu onto the expressway

Whichever engineer that certified them should have his/her qualification withdrawn/cancelled.

BRT Project in Lagos is Nigerian Engineers' engineering disaster. Only a slowpoke would have approved that BRT project in Lagos.

@Pumice,

I see you are enjoying NigerianSecurities.com. You go pay O!!!!!

@ibkn,

If you are looking for websites that u can use to monitor the nigerianstockexchange. I recommend tis to you. Its fantastic! I use it. You can have your portfolio automatically updated with the day's close price from the Nigerian Stock Exchange.

http://www.nigeriansecurities.com


Also see the attached Screenshot

The Attitude of the players reflected the attitude of our leaders.

Ghana was filled with Governors and Natioanl Assembly members over that weekend
till Monday, so why should they have passion? Everything is enjoyment to them.

I no dey worry myself over nigeria matter again. Its a waste of precious thoughts.

@Wanajo,

Thanks for the info on Eterna Oil.

May the good Lord Bless you

Goodday Nairalanders,

Did anyone participate in Eterna Oil Rights Issue mid 2007?
If yes, has you Rights Issue being credited to your CSCS account?
If yes, when please?
My broker seems to be posting me on this pticular one and am not happy.

Regards

@blest and koksieboy, our Cisco Gurus,

I salute o!!

I beg, how can i download a Video file from You Tube?

People,

With all the hullabaloo on WEMA Bank, how much is it best to sell off NOW!!!

People,

With all the hullabaloo on WEMA Bank, how much is it best to sell off NOW!!!

Goodday Nairalanders,

Did anyone participate in Eterna Oil Rights Issue mid 2007?
If yes, has you Rights Issue being credited to your CSCS account?
If yes, when pls?
My broker seems to be posting me on this pticular one and am not happy.

Regards

Omoyeni is still WEMA boss –CBN
By Ayo Olesin and Yemi Kolapo
Published: Saturday, 19 Jan 2008
The Central Bank of Nigeria has denied speculations that the Managing Director/Chief Executive Officer of Wema Bank Plc, Mr. Adebisi Omoyeni, has been fired.

The Deputy Governor, Financial Sector Surveillance, Mr. Tunde Lemo, said that Omoyeni was neither sacked nor suspended as widely circulated.

The CBN chief, who spoke with our correspondent in Abuja, said that Omoyeni was only on routine leave.

”He is on routine leave and you can quote me. He remains a member of the bank‘s board. No one has asked him to go and I can confirm to you that the bank is healthy,” he said

He also denied that Omoyeni‘s leave was linked to the re-examination of the bank, which was scheduled to commence on Monday by CBN‘s inspectors.

Lemo explained that the bank‘s inspection was a routine matter and that the CBN regularly embarked on house inspections to complement its electronic financial surveillance system (e-fass).

According to him, the CBN insists on comprehensive supervision of banks to ensure the integrity of the banking system.

”In fact, we are getting to a stage where we will have resident inspectors in the big banks,” he added.

The CBN was being expected to make a formal statement on the speculation as at press time.

When contacted, the Head, Corporate Affairs, Wema Bank Plc, Mr. Tunde Olofintila, also denied allegations that his boss had been removed by the CBN.

In a text message to our correspondent, he said Omoyeni was only on an annual vacation.

”Don‘t forget that he has not been on vacation since he became the Group Managing Director in 2005,” he stated.

He, however, declined to pick his calls for further interrogation.

Omoyeni joined Wema Bank in March, 1987 as an assistant manager and has worked in various capacities since then.

He has been Assistant General Manager, Insurance, Pension and Registrar Services; General Manager (Administration); Executive Director, Resource management and Services; and Executive Director, Investment Banking and Public Sector.

He was also Executive Director, Retail Banking until October 4, 2005, when he proceeded on a leave of absence from the bank following his appointment as the Deputy Governor of Ekiti State.

He was appointed MD/CEO of the bank on December 7, 2007.

Wema Bank‘s profit after tax increased substantially from a loss of N6.6bn in 2006 to a profit of N2.5bn in 2007, representing an increase of 138 per cent.

According to the full year result of the bank for the period ended March 31, 2007, turnover increased from N14.83bn in 200 to N24.43bn in 2007.

While speaking at the bank‘s annual general meeting, held in Kano in December 2007, Omoyeni explained that the loss of N6.6bn in 2006, was exceptionally due to a high loan loss provision of N10.26bn.

Deposit liabilities of the bank also increased from N85.6bn to N125.48bn, translating to a seven-year record high growth rate of 47 per cent.

Gross earnings grew by 78.4 per cent, up from N14.8bn in 2006 to N24.63bn in 2007. This had hitherto grown at an average rate of 31.4 per cent yearly between 2001 and 2006.

The bank also disclosed at its last AGM that it would open its hybrid share offer to the public before February 2008, to raise N130bn

The MD said that the bank was going to the market to raise more funds in order to increase its capacity to deliver on its promises to all its stakeholders and customers.

The offer is expected to have a Global Depository Receipt of 40 per cent and a rights issue prospect while the bulk would be reserved for local subscription.

The GDR perspective, according to the MD, is to accommodate both local and foreign stake holding in the bank.

@Invincible,

Haba!!! 20% is chancing, i could do 20% on my own quarterly.

Thanks for the info anyway.

Regards

@Invincible,

Thanks. What % returns should one ask for on a Managed Portfolio platform and what is a likely minimum deposit in your own experience and which highly responsible broker can one use?

@Pumping777,

Pls what is a managed portfolio account? How does it work? Is it the same as Day Trading?

@Walcolm,
Concerning GTA, i did not hear of a 1 for 1 bonus or even dividend of any sort. i only got a notification from GT registrar that my holding has been reconstructed on a 2 for 1 basis


Thanks for the info. I bought OTC and i have received my certificate stating exactly the units i bought. So, is it correct to say that is the reconstructed units?

Does the 2 for 1 basis mean that if i had 200,000 units, it then becomes 100,000 after reconstruction?

I need to be educated please.

What does my 1m Units of IEI become after the reconstruction?

I need to be educated pls.

What does my 1m Units of IEI become after the reconstruction?

Una well done o!

Can anybody provide the Lowdown on what is happening to GTA - Guarantee Trust Assurance as there was a rumour of 1 for 1 last year and at the same time, there was a rumour of Share reconstruction.
Thanks

@Guk,
Quote
Talking about this, how do you avoid the Toilet Water splashing on your bum when you drop a "grenade?"

Oh my God! I'm reeling with laughter here. But why do you have to say this when I am trying to have my lunch! You won't ruin my appetite, I no go gree!!



I think comments on that (Toilet Water splashing on your bum when you drop a "grenade) is equally hygenically important as soiled toilet seat.

Talking about this, how do you avoid the Toilet Water splashing on your bum when you drop a "grenade?"

MKO WOULD HAVE BEEN THE WORST PRESIDENT IF HE WAS SWORN IN IN 1993.

He would have been a Stooge of the CALIPHATE, but i believe, he would have been
a decently achieving President if sworn in afer release from prison as he had learnt
by the things he suffered

It is Decent and Proper that when a Man goes to pee, he lifts up the seat & when he's done he places it back.

A woman ought to use use the toilet seat in a down position, but is advised to use a Bidet, if one is available.

You would usually find "Horseshoe" type like seats in public places so that the man need not lift the seat.

Caveat is that you take some Toilet paper, damp it with Sprinkles of water and wipe the toilet seat WELL before using it.