₦airaland Forum

Dollar denominated dividend for a Nigerian based company sounds preposterous if the SEC allows it.

Even if paid in naira equivalent, nigerian investors would then begin to wish for a dollar dividend that gives more naira in exchange rate.

We are still hoping the exchange rate goes down, now this.

Dollar-indexed dividends for a Naira-based firm are structurally ill-advised. The practice creates a paradoxical incentive where local investors desire continued Naira devaluation to maximize their converted dividend income, directly undermining the national goal of currency stability.

Lawyers please confirm correct.

According to Gemini

The Nigerian judiciary can review and, in certain circumstances, effectively overturn or void a president's pardon, especially if the pardon violates constitutional procedure or goes against judicial decisions.


Here is a breakdown of the key points:
1. Judicial Review of Procedure
* The President's power to grant pardon (Prerogative of Mercy) is conferred by Section 175 of the 1999 Constitution (as amended).
* A major check on this power is the procedural requirement: The President must exercise this power "after consultation with the Council of State" (Section 175(2)).
* A Nigerian court will generally not review the merit or wisdom of the pardon (i.e., whether the person deserved it, as this is considered a political question).
* However, if it can be proven that the President failed to follow the constitutional procedure (e.g., did not consult the Council of State), a court could theoretically declare the pardon void for procedural failure.

2. Judicial Review on Scope and Timing
The courts have actively stepped in to define the scope and timing of the President's pardon power, effectively limiting its application:
* Pardon Before Conviction: The Court of Appeal has held that the power of pardon can only be exercised over persons who have been tried and convicted by a competent court. A pre-conviction pardon would negate the constitutional presumption of innocence.
* Pardon While on Appeal: The Supreme Court has ruled that a President (or Governor) cannot exercise the power of clemency/pardon over a case while the person's appeal against conviction is still pending before the Court of Appeal or the Supreme Court. Doing so is considered an overstep of executive authority into the judicial domain.

In summary:
* The judiciary cannot directly overrule a pardon based on its opinion of the person's guilt or the President's discretion (the merit).
* The judiciary can effectively set aside or void a pardon if the executive violates the Constitution by failing to follow the correct procedure (consulting the Council of State) or by exercising the power in a manner that interferes with the judicial process (e.g., pardoning someone whose appeal is still pending).


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The President can re-pardon now that the case has been finally decided by the supreme court

Sidechick giving a bicycle kick

Man to explain in not more than 500 words to main wife

They can only ban the company/ the brand not lumenfantrine which is the generic name for the content of malarial drug.

Adjust your title

VinnyBaba:
Vinicius cannot play lesser role to anyone again.

He has already done that for Benzema.

When Benzema scored 16goals in UCL 2022, he assisted most of them.

It is his turn to Shine and start goals.

Currently, Great Footballers are strictly judged by Goals.

See how everyone was shouting when he scored hat trick against Dortmund.
So why won't he selfish for goals now

Na expensive problem be this mbappe, ancelloti has to find a way on time to make vini & mbappe work,

imagine carrying those firepower and yet not a single goal, Bellingham is also suffering the consequence, he already scored about5goals this time last season

wiseone28:
Give them time bro.. That's how halaand was at Man City first season


All of una i too know analyst dey vex me

Haaland was bought as a striker from onset but
Vini and mbappe are both left wingers.

Time to do what exactly?
Vini is the better winger at the moment, but obviously mbappe doesn't want to play as a striker.

Buying mbappe will be Madrids undoing, awareness was zero today, how can only one player commit 7/11 offsides, and squandering almost three 1 on 1.

Well, one of Vini or mbappe has to go before the team can be normal or mbappe gets converted to a full striker.

Interesting read

Nice try.
But I think body parts were fabricated and imported from china, and probably reassembled in Nigeria.

Which xiaomi phone can I get for 30-35k pls

[quote author=facilitator1 post=67265041]https:///4fbRst7WLOc1Yvgcb00ipz


This is a UI pg whatsap

Kayflamez:
Bruv..is it the Red card you are looking at..do u kw Barca are still tryna fight for the unbeaten record so its still a battle..its vice versa...If Madrid were 10men..the game wld still go the same tempo..this is not Arsenal v Burnley naaa lmao

yeah, Madrid was tactically a man less, second half of the match showed, Real are not the same side without Ronaldo. i wonder if it were to be messi. The ref made many errors today though.

ok

i picture it this way,

iPhone is like living in North Korea, while Android is like living in the US.

agrovick:
Done



I've just for foundation, they've been forwarded

please kindly forward foundation and skills pack to me sir, oyedokunayooluwa@gmail.com

thanks

@ Pics: Five Ak-47 riffles

apolonius:
Babes, can you count how many guys stayed and loved you after you insisted on no sex?lol

What do I know?

And how many guys waited after she gave out her cookie?

chatinent:
Copyright: No part of this should be transmitted to an unknown source without prior consent and allowance by the author or acknowledgement. This was written by Richie of Chatinent.
.

Dear respected ladies, there exist some rules of engagement that many ladies fail . You are engaged now, really, what next?
.
Yes, it is marriage fever next! But did I mention you are only engaged but not married, yet?

Some reasons why most ladies feel used and dumped is when they get intoxicated by the ring afixed to their finger by some guy and the guy does not show up thereafter, maybe, after having her countless times!

My gay lady , don't you think you are worth more than sb's bed material?

Let's cite some areas that get ladies intoxicated while wearing the ring:
.
1. You are only engaged not married.   I understand you must feel like a wife already but the fat truth is, you are not his wife yet but a name in his wife-list. Do you know? I bet you do not. Do not be overjoyed by the ring, rather be overjoyed by the wedding night. Chatinent Richie really advise ladies to keep their body untouched while hanging around the person you are engaged to.

.

Yes, you may say 'I'm his wife to be so it does not matter if I give him my body.' Another piece of truth there is, notwithstanding that the body is yours,  you really are not his wife to be until you become his wife! During that period, men may propose to ladies who they think are outstanding, special and better than any other ladies in the world. Have you imagined; what if he thinks you so cheap and sees a more outstanding a lady who has your clone qualities but deprives him sex which you give him in plenty buckets?  Oh dear, he has slept with you so, that 'special you' bar is decreasing and will continue to decrease any female pride you may have shown, even peradventure, you get married. He may even end up dumping you politely and going for someone better(that part that you feel you have been over-used).
.
What is my point?
.
Don't you have sex with the person you are engaged to. Keep your pride. Tell them simply should they try to deceive you saying 'you are my wife to be already, so you shouldn't deprive me sex.'  Dear, stand for your right and what will help you afterwards, tell him, also logically that 'yes, I maybe your wife to be, so, if I am your so wife to be, why can't you wait till the wedding night? '
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Tips: Ladies who don't indulge in sex before marriage earn more respect, longer marriage than others. Reason is, their husbands seem to keep that first respect she has shown. Failure to observe the rule of engagements may lead to regrets.
.
.
2. Most men giving engagement rings are not ready for marriage. Don't get ensnared by this. This is a cup-filled reason you have to always study your partner in the course of dating them. They will only hover around you longing for the juicy hannah montanna. Yes, they are humans, they know most girls will get lured wearing their deceptive rings.

.
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3. When you find someone good, stop looking for someone better. It explains itself. Use your instinctual calculating brainbook to harness the equation.
.
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4. Stop longing to wear guys' ring, you are NOT the lord of their rings. Yes, I understand that age doesn't favour women when not married but even at that, don't be desperate to wear a guy's ring. Guys, normally do notice desperate ladies when it comes to marriages and the wolf-like may come to hang their 'ring' on your finger to have you then disappear., then, this chase for marriage may end in suffeRING.
.
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Origin: http://chatinent.com.ng/index.php?act=Post&CODE=08&f=12&t=158&p=224&st=0

Well said op.
A word they say, is enough for the wise.

My Advise:
1. Have sex before marriage
2. Have sex before marriage
3. Have sex before marriage

Don't come and complain later that guys are wicked.
Nymphomaniacs on rampage.

That bulging camera though, Still prefer the iPhone 7 design, Steve jobs will not forgive this design.

Ok

Great one, congrats to Macron

Whizpeter:
[b]That's my prob with them... Using price to lure people to buy these things they call phones...

Have you used an Itel as your main phone before? Bro you'd cry, as in better cry ooo...

They even had the effontery to manufacture a phone with 5mp and 2.2 aperture and still refer to it as a selfie phone? None selfie phones are even getting 8mp front camera and 1.8/2.0 aperture as standard...

One annoying thing about their phone cameras is that the quality of pictures produced is normally [(the assumed mp/2)-1], ie their 8mp cameras produce pictures of [8/2]-1 which is 3mp.. What rubbish!
Wanna argue it? Please get any other phone with a 5mp front or back camera and compare it's pictures with what this phone would produce, you'd be mad at Itel!


Ram management nko? Story for another day..

UI? Oh God! 1000% crap... Even their launcher is child's play..

The tecno y6 was and is still a budget phone, but I'm certain that it would defeat this Itel in performance and camera.. The front camera was it's only shortcoming but I'm also certain that the difference between tecno's 2mp and Itel's 5mp won't be noticeable...


And before you say I'm a tecno fanboy, I use a Samsung...


As I'm typing this, my Bro is chatting with his Itel device and trust me, na so so cry oga dey cry everytime...

He doesn't even snap pictures sef because shame no go gree am, my phone is the official camera of the house right now!

Bro, let's be honest with ourselves, if SON was functioning in this country, Itel phones won't be certified fit enough to cross our borders and thats just it...!


Dear itelMobileNg, please I'm not hating on you, I only sincerely want you to improve...
I've handled three of your phones, two belonging to my brother and one belonging to a colleague, I was totally disappointed with both you the manufacturer and they the buyers...

You for bringing in substandard goods to make a mockery of our developing economy and the poor financial state of many Nigerians and they for spending their hard earned money on total trash...


Please try to improve on the quality of your phones, strike a balance between budget and performance and watch many Nigerians promote your phones daily...


From a sincere Nigerian...[/b]

This is a true saying.

I bought one of their late 2016 released phones, cos of soso budget phone o, d first headache was d ram, then d 8.0mp kini they are calling camera (Im so ashamed of d fones kini, that I hide it whenever me and my friends are hanging out), Nokias 3mp is far better than their 8mp drab, then display was crap, not up to 2 wks d fone started freezing, I'm using d fone to type now & u should even notice how it's taking me like forever.

one of my friend bought another phone brand of same price range & I felt like breaking my own itel crap.

d only tin good about d fone is d container, d content is wacky.

pls upgrade on ur camera, let your 2mp be 2mp and not 8mp, and u can do better on ur RAM abi na cow.


From a disappointed buyer.

Wife of Central Bank of Nigeria ( CBN) Governor, Mrs Margaret Emefiele, kidnapped some 24 hours before, has been released by her abductors. According to family sources she was rescued “due to the gallantry of the Armed Forces, Police and Security Forces”, in Ugoneki near Benin City and is currently recuperating in Government House, Asaba. More details to follow.
source: vanguardngr.com

@FAIRVALUE

Sorry, for the disappointment, missiles won't be launched in dis country.

usmantoafiq:
ok just watch what will happen this night to you.

religion of peace? are u sure, is dis ur comment peaceful ?
u registered dis month and within few hours dis is ur comment?

who d strike don epp, abeg go negotiation table jor. :;

Good development

moderacy is key

willybambam:
Baba God oooo, soso happy FTC