₦airaland Forum

ndept:
@Hogwarthtrades, wetin you dey find up and down that makes you to stumble on @Ginalex profile
Well, @Ginalex you looks like a Queen sha. I know Agba would soon come for you because that is part of his constituency project

Apologies for the distraction!! I will not do that again Sir/Madam.

emmasoft:
While waiting for primary auction, always keep your money in MMF so that you can still benefit indirectly from the tbill. One of the advantages of MMF is he easy entry and exit.

MMF is a vehicular cheat code IYKYK!

on a slow evening going through this page . I apologise for distracting the page...Totally random, i hope it's not harrassment... Stumbled on Ms. /Mrs. @Ginalex Profile. Black is beautiful. ; #Phenotypicalanalysis #Bants D

lazkizz:
Pay this security man 30k monthly to guard the farm from fulani herders.

Does stubborn futon jalon type .. with their dread and dagger .

If you like keep DSS dey go still invade your farm.


But I have a secret, which is I gave them free water for their cattle. After drinking, I beg them to move ahead without touching the farm, I also buy "nunu and dekere" cowsmilk and pudding. Fulani women fine sha ...

Not an ideal situation, but as a shrewd business man your improvisation skill kicked in. More bushels to your barn /silo!!!

Redoil:
please house CSCS is not opening is it due to the holiday

service is down, probably routine maintenance . should be back by sundown or dawn tomorrow.

Happy Easter everyone.!. have a restful evening and tomorrow because like play like play q1 is done and dusted. q2 here we come.

sterlingD:
In another news Access bank on the acquisition beat

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions?

tbh, no end in sight, the acquisition seem to make sense for anglophone hub considering ETi has reasonable share of francophone hub on the continent. Challenge will be to see how profitable the operations get. As for recapitalisation, Access should be fine except some grey Swan event occurs. Viva Access!!

synticate:
Good day guys, I'm new here...

I'm but a humble student who's interested in learning all i can about proper investment as i will soon be graduating from the university.

Nairaland had played a big role in my life in terms of guidance and advice from well experienced superiors, i wouldn't be where i am today if not for some wise advise from fellow nairalanders, currently in school and doing well (at least better than most of my mates ), trying to set a good foundation for my future after school.

i'm 25 and i am interested on starting a journey on investing and would really appreciate any advice that will help me succeed in this path.

Thanks in advance.

We are all students of the market 10, 20,30. 70 years old. Most of all you need is here if you can put in the work (companies, brokerage house to choose from,etc). Start from Page 1 is the way to go. This shouldn't take up to a week or more than a month depends on how much of a voracious reader you are (I will not suggest what i didn't do myself). This gives you better picture of how the past played out (political and economic scenario of Nigeria since 2012 till date). To keep up with daily gist, you can always read through the current post daily. All the best, if you still have questions, post here, peeps will give their suggestions.

Welcome to the Jungle!!!!

DrAwo:
The return of Aig...

Two things deducted from reading this:

1. possibly a 2 man show, Aig and MR Wigwe (RIP) with no real sucession plan or trust of subordinates.
2. Hopefully this serves as a wake up call to companies to inculcate the ability to groom trust worthy subordinates (easier said than done!!) for times like this.
Access holding will come out greater though!!!

SonofElElyonRet:
Grave bawo

Oluaye #GravevineAnalysis ... #Banters !!

skydiver01:
The 2nd Quarter NTB calendar is below

@freeman67 click the username quoted post to see the calendar you requested for.

Streetinvestor2:
Tony has always been a scam from how he took over uba.This is how he pulled out the hotel to himself. That is why i see that his foundation as a scam. I don't think he has plans to do that.why was the Listing kept secret till on Friday after the close of business and Listing on Monday .You will see 80% of the ownership to himself and one proxy as investment partners registered in one country. 10 % to the parent company and 10% to mugu investors in naija that will push the price to 1000 for him

IF you no fear TOE Scamanger tendency, you are a gunner. 80% of ownership to him or Heirs holding is not feasible. At the moment Transcorp holding has ~51% of transcorp power and 95% of Transafam. The most heirs holding may have even with all his scammanger attitude shouldnt' bemore than 20% of re-arranged listing. We will see how the structure show up in the 2023 annual report.

Will keep eyes peeled for increased divy for Transcorp holding coy going forward and mind boggling price appreciation for Transcorp power at least 2:1 compared to Geregu in the future . Prepared for worse case scenario though.

Boshins:
https://nairametrics.com/2024/03/01/mtn-nigeria-incurs-n740-billion-in-forex-losses-shareholders-funds-wiped-out/

However low she goes till end of Q2 will keep Naira cost averaging as fund is available. my Opinion with a bucket of salt.

Shalom428:
Result

race for yield 1yr higher than 7 and 10 yr yield. will be interesting to see what next auction post MPC meeting will give. Shalom!!

Acidosis:
A similar idea came up in Lebanon. It can happen here or anywhere.

Possible not probable in this clime! Lebanons root cause different from what is going on... we shall all see as this Age like milk vs age like wine.

Ibk2020:
well I have a dorm account but I can never trust it same way I stop trusting TB. Thank God I took that bold Step and stop TB early 2019.
government may convert all dorm account to Naira in future at Cbn rate if the scarcity continue.
as for why I don't trust TB. there are many countries that default TB payment, pls research and don't ask me which countries. Akanbi can default TB payment

Nothing is impossible but speculating about domicilliary account conversion to naira is ridiculous (even during the worst period of the nation under military regime, they know better than do that becuase of the ramification). We all have opinions but let this be based on facts. Be mindful because loads of people are scrolling through this thread for "information" . SHalom!!

essentialone:
PZ says it is ready to issue new equity, convert debt into equity, launch rights issues, sell off assets, or undertake similar actions. Anything at all, just to generate the necessary funds it needs to be a going concern. The implications of such measures for existing shareholders could be severe, potentially leading to significant dilution of their shares or other impacts that would adversely affect their holdings. 😮 PZedians, over to you ooo. As expected, PZ on Full Offer at N24.60 hahahaha

Disclaimer: i am exposed to PZ, but rational. Interesting the change in tone from delisting as only option to fx woes to now right issues and the likes. Ye Ye dey smell (In Anikulapo-kuti's words).

The concern of dilution is the least of one's worry (caveat: speaking from the perspective of a long term player) , it will be chalked to another round of pricing like venture capitalist do in seed rounds through IPO. The board unintelligently looking for easy way out to repatriate funds. Interesting to see PZ has crazy chokehold on this sector with little to no competition in its space by it's peers.

BabsO2:
A more sustainable managed floating peg is looking like N1,500 and it needs to be supported with a couple of prohibited items for forex to curtail demand while encouraging local production of things like rice and palm oil production etc for export. As it appears too much money was printed in prior years, not under-pinned by production.

Perhaps a stability like that of the Korean currency like that seen from the spike of Jannuary 1998 of 1,750 stabilizing to about 1,300 over two decades as seen in the picture below can be replicated.

This dispensation since Jonathan's era yearned for free float , doubt the managed floating idea will float ( no pun intended) in their sounding board room. Another area where CBN/ MOFI/NISA/ minning ministry can look into will be bolstering our gold reserves, like a quasi-gold standard backing -> This is more medium to long term though. Ghana can at least be useful for once as a neighbour in gold transaction between government agencies or whatever legal modalities available while we also get certain percentage or royalties or tax converted into reserve from our current local gold minning firms at fair pricing.

This will work, the challenge is i am not sure any of our political leaders are willing to lose their life for gold backed or quasi gold-backed currency.

KarlTom:


https://nairametrics.com/2024/02/20/pz-cussons-warns-shareholders-liquidation-or-asset-sale-possible-without-delisting-approval/

we know their type, they delist then miraculously start turning profitable.

Quiteparrot:
Is there anyway I can sell my 10 years SUKUK? Nigeria bonds is a loss in disguise

contact your broker, they should be able to sell in fdmq secondary market.

from H.E obasanjo regime to Goodluck Jonathan, you don't have to be a doctorate to see through NOI. SHe may be learned but not equal to the task. Ministry of finance civil service was a joke (not hearsay!). Same with Oby ezekwesili.

Agbalowomeri:
Wigwe dies

May his soul rest in peace

RIP Wigwe. Thats wild! probably headed for the superbowl final viewing.. News may be related to this san bernadino news

https://www.nbclosangeles.com/news/local/helicopter-crash-california-nevada-border-san-bernardino-county/3336052/

maureensylvia:
Awwww
Thank you so much for your suggestions and encouragement!
I appreciate you taking the time to offer your insights. I will definitely consider selling my products on Etsy and weighing the costs of shipping and regulatory requirements when pricing my products.

Your advice is invaluable, and I can't wait to put it into action this year👏

the token we can add to see the enterprise grow, we go do. Hopefully it works out.!.

RayRay06677:
Interprete

pretty much stating what imto and other allied firms have been doing since jonathan era. Freelancers/ gig workers/remote workers can testify to this. The conversion rate is still the main thing, if it works for you, you use the IMTO service or you look for another one. This does not equate to holding $30 billion in domicilliary account hostage. Thanks for the info though. I sit to be corrected if my comprehension skill is subpar.

freeman67:
Please, whoever has TB 1 Qtr 2024 Calender to help me post it here ooo.

**** will update as soon DMO update us**
This is all one can see through CBN=> https://www.cbn.gov.ng/rates/govtsecurities.asp

Tranquility2345:
So why SFS no dey gjve this kind rate? Abeg wetin be the nsme of that marketer make he come answer o

The increase rate is a new development bros/madam!!! If it's a money market fund even fixed income fund should gradually reflect the increase in coming weeks (depends on the exposure of the fund to recent tbill / bond market auction).

Bhevencious:
banana banana

Anna BAnnana

bafana bafana!!!!

Eriokanmi:
Goaaaal

. Go for GOld!!!

MrJames007:
Goolie thought Ekong was puttin it again in the middle.

Oldest trick in the game.!.

Reussite:
DSTV is not well o

nepa off dstv light

time for naija goal keeper to shine !!!