₦airaland Forum

Dum20:
If your loved one did not leave a will behind. You and your brothers will become administrators of his estate if you have brothers.

If you are only son, you need to process Letter of Administration (LA).

Lawyers usually prepare LA. It is advisable to use a lawyer in the same state that your loved one lived and died in.

You can also use Meristem. Compare what the 2 will charge you and use the one you can afford.

They will explain the process to you.

It could take months to process

Letter of Administration (LA as it is generally called) is not prepared by a lawyer! It is prepared by the Probate Registrar of the State High Court.

Your surest bet is to approach the Probate Registry. It takes between 3 and 4 months before it's finally issued. If a lawyer is handling the processing for you it takes longer because of the back and forth of providing one more information or the other. It also saves you from unnecessary costs and fees. It's not every lawyer that's familiar with the process but they won't tell you and won't give it the attention it requires.

Slimdove:
@ Pa Emma I lost my loved one and I am the next of kin to his account at Union Bank and other assests
Can Meristem Registrars & Probate Services handle such services incase if I want to do the transfer of the fund to my account and other assets as the beneficiary.

Or should I use the state probate office but if they can handle such services I will prefer to use them.i need clarifications

Did he leave a Will or did he die intestate?

OBAGADAFFI:
The guys borrowed from one bank to buy another bank.

https://nairametrics.com/2022/06/06/afreximbank-supports-titan-trust-bank-with-300million-for-acquisition-of-union-bank/

Herbert and Co also borrowed from Fountain Trust Bank to buy Access Bank but the funniest was Access owners borrowing from Intercontinental Bank to buy Intercontinental Bank.

onegentleguy:
Don't give too much consideration to that part in bold.
The agenda might be to produce an Apc flag brearer from the south but not the president.

The "math" might be to produce an Apc southern candidate who will SHARE THE VOTE from within the south with @ Peter Obi, the popular and now LP candidate, while @ Atiku A, the Pdp presidential flag bearer coast to victory by amassing a great No of vote in the North and an appreciable figure from the south.
Current happenings in the south makes this a possibility.

Remember that the North almost always play an important role in determining who becomes your president. ...and with rare exceptions, the probability that a northerner will usually vote a northerner is always near 1. (I say this without an intent to any sought of ethnic division though)
Lots to say, but I don't want to litter this place with political discuss.

This hypothesis (well, for now) has nothing to do with the forward dynamic of the market though.
An Atiku presidency will also propel the mkt.
At this time, investors are more concerned with having peace and security knowing their investments are safe, than having a given name as president.
Our politicians are all the same. ...some are just a bit better than the others.

As I said before; The mkt is in accumulation mood... sideways trading is expected in the days ahead... but overall positive trend remains intact!
Any pullback at this time should only be seeing as an opportunity to strategically align with select KEY fundamentally healthy coys. (some are already in a great entry zone)
So it's a good thing you're buying now.

It is well.

No one should set us on the road to SMN please!

Dum20:
It could be 101% of 400k while 25% of N20 Million

Or the other way round as well!

Princkez:
IB full offer @ #8.80

Grab your copy now!

emmanuelewumi:
Those who bought Lafarge on 20th April 2022 at about N25 would have made a profit of about 24% in less than 3 weeks. Very possible for a pull back by next week.

While those who bought IBL around same time are on 101+%!!!

hischoice:
Funny, isn't it, that I have made far more loss commiting my money to "financially educated" folks to manage than I have lost by randomly picking stocks and waiting a year, doing nothing.

No field of human endeavour have I seen folks wear dark suits, sit behind big desks and all they do is "guess and get paid big money."

Professional financial advisor finishing off his expert financial advice with "this is not a financial advice." Bunch of jokers. Playing kàlòkàlò with people's sweat.

If I, as an engineer, let my doubts and lack of trust in my abilities become that obvious to my clients, I would be picking tissues on the street for food in no time.

You sound like a financially savvy but just be calming down bros.

petaling:
It seems you are newbie here as I just started seeing your name here. My advice is don't make any insurance coy one of your largest holding as those guys can burn your fingers. Insurance coys are good for jijo but not long term.

Newbie indeed!!!

emmanuelewumi:
And the most consistent, he has been on the billionaire list for about 35 years. He must be doing something right.


Majority of the current billionaires about 80% of them won't be on the list in the next 10 years and they will be out of the list for good

What will their wealth graph look like?

sonofElElyon:
Telling him to read pages 1 - 6555 is also not nice

The best advice is almost always never appreciated.

ojeysky:
Yes it's all clear now thanks! oh and yes cutix was 1 for 1 was just using it as a split example.

I guess if one would remember what happened after mansard reconstruction waiting to see how this pans out after reconstruction may be better for the faint hearted

Unity Bank and IEI are ready examples to learn from.

BabsO2:
https://www.thisdaylive.com/index.php/2021/12/16/otedola-i-have-no-interest-in-holding-any-board-position-in-fbn-holdings-first-bank/

Ote$ says he is simply taking position in FBNH that he sees as a very good investment. Interesting.

There is a legitimate way to rob a bank!

emmasoft:
The trading charges are the stipulated statutory charges as stated below;

BUY

Brokerage

1.35%

VAT on Brokerage

7.5%

Stamp Duty

0.075%

Sec Fee

0.30%


TOTAL 1.82625% (Excludes N4.30 – X Alert Fee)



SELL

Brokerage

1.35%

VAT on Brokerage

7.5%

Stamp Duty

0.075%

NSE Fee

0.3%

VAT on CSCS

7.50%

CSCS Fee

0.30%

VAT ON CSCS Fee

7.50%


TOTAL 2.17125% (Excludes N4.30 – X Alert Fee)

Why is VAT 15% on NSE

salanda:
Should be heading to 4.
I am on

A pleasant surprise awaits. If you are already seated .... N4 is the starting point! Prescription: patience.

119mba:
Thank you jare'. Morgan just called me now that the account is free now. Unbelievable that such thing could happen in a [/b]Country where things work[b].
Since yesterday with no reason!

In countries where things work, it's the citizens that work things!

STNWAUME:
#5000 per USD that's if Nigeria still exist.

If Nigeria doesn't exist the breakaway parts will struggle to be at par with the Zimbabwean dollar!

STNWAUME:
N90:00k

Can you guess how much it will be in 2030?

STNWAUME:
USD heading to #600 per dollar.

How much was it in 1999?

samguru:
I now have my paddy appointed to the board of custodian Group PLC.

MSEMPA first hand information is guaranteed.

Insider abuse remains a crime.

Mfunkynation:
So you want us to help push the ministry forward to dump on innocent people �

Bush meat don catch the hunter�

maishai:
Sir

Please shine ur light on international breweries

They just used the recently concluded rights issue to shave a hugh chunk off their debt

I was impressed by the fact that the majority holders still coughed out enough cash to offset debt and might have no plans of receiving dividend soonest

I have plans for it @ #2

Plenty passangers are waiting before your junction!

yMcy56:
You don't have to panic if you have Lasaco however.
The units you have will be divided by 4 and the price will be multiplied by 4.

For instance, if you have 40,000units, after reconstruction it will become:
40,000÷4 = 10,000units (post reconstruction)

The price will change by then:
Closing as @ today = 0.42kobo
Post reconstruction price = 0.42 X 4 = 1.68kobo. *Modified*

So you have nothing to loose.

** I suspect that Lasaco may likely come up with BONUS issue after the reconstruction or DIVIDEND which will become gain for you by then.
** So don't take any action in haste after suspension is lifted.

You have everything to lose because the new price will obey the law of gravity!

sellydion:
M&B dissappoints today

With such news, there shouldn't have been a single offer today.

If you can get the prospectus for M & B public offer of 2005 or thereabouts, you will discover that the story about vaccine production and FG JVC is not a new development. Thread with caution before you take action based on this choreography!

BrokerHaruna:
There's a time for every thing. This is the time to RUN from the banks! Do not say you were not informed!

Including ecobank?

GANDALF1:
Yeah bro. Every one cannot leave but my question was clear and can be comprehended.

WHAT PERCENTAGE OF THOSE THAT INVESTED IN 2007/2008 ARE STILL IN NSE AS OF TODAY

Lets look at this forum self.

where is Knight of Delta (KOD)

Nosa

Feelamong

and all our other comrades?

Don't be deceived by the silence of the veterans.

samguru:
Let's restrain ourselves from using abusive words, we are all here to learn and unlearn the secrets of making it big in stock market.

Peterichy and Krisuba oya apologize to each other.

You don't need it

What's the quarrel about?

DexterousOne:
Failed leadership is a bigger problem
Than unpatriotic citizens

Having an incompetent and useless leadership
No matter how the citizens want to conduct themselves
It will still be the same bad results

I just cant wait for this nightmare to be over

Unpatriotic citizens will end up becoming failed leaders.

PETERiCHY:
The Financial Times of London has described Nigeria as a country going backwards economically and plagued with terrorism, illiteracy, poverty, banditry, and kidnapping and risks becoming a failed state if things don’t take a drastic turn.

The UK-based newspaper said this in an editorial on Tuesday titled, ‘Nigeria at Risk of Becoming a Failed State’.

It said the abduction and subsequent rescue of over 300 schoolboys in Kankara, Katsina State, revived memories of the 276 Chibok schoolgirls abducted in Borno State in 2014.


https://punchng.com/nigeria-close-to-becoming-a-failed-state-says-financial-times/

Unfortunately, the UK newspaper failed to include unpatriotic citizens as one of the plague!

locodemy:
We are now living on hope.
Hope is never a good tool in stock investment.
Neither a good tool for stock trading.
The stock is now neither cold nor hot but lukewarm.

Neimeth looking better now.

Hope is not a good supper too.

ImperialCovfefe:
Fund managers are piling on the short dollar trade, Oil prices are gradually recovering, US stimulus is expected, COVID vaccine, potential de-escaltion of the US-China trade war by the new administration, allocation to emerging markets is set to increase ($EEM up >13% since Nov), risk-free rate in Nigeria close to zero, CBN intending to loosen cash reserve ratio.

Almost seem like a goldilocks zone for domestic participation in the NSE. But will they oblige?

Anti-Peter!