Hubreality's Posts
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wurdz:My brother, thanks for your continued patronage. HP Pavilion DV4 with Intel core 2 Duo 2.0ghz processor, 3gb ram, 250gb HDD, Wifi, WebCam and Bluetooth is presently at the cost of 140K. When do you need it? My numbers remain: 08023489927 and 07028537117 |
Omenma |
amkie:To God be all the glory for His manifested wisdom and power through the life of pastor Chris. I thank God for your testimony. The Word Works! You're welcome. |
[quote author=Black_Revo link=topic=306615.msg4313204#msg4313204 date=1249620837]Alhaji Aliko Dangote has emerged the 17th president of the Nigerian Stock Exchange (NSE) on Thursday in Lagos through a unanimous voice vote, a development that finally laid to rest speculation on whether he would transit to the post. His election came during the peaceful council meeting of the Exchange immediately after its Annual General Meeting (AGM), presided over by his predecessor, Dr Oba Otudeko. But before then, Otudeko was re-elected alongside three other retiring council members of the Exchange who were eligible for re-election during the AGM. Until his election, Dangote was the first vice president of the Exchange, and by that token succeeded Dr. Oba Otudeko, the out-going president of the Exchange. He will preside over the affairs of the Exchange for the next three years. Explaining how he emerged, the Director General of the Exchange, Prof. Ndi Okereke-Onyiuke, said: “We didn’t have to vote. Dangote was elected by a unanimous acclamation. He was the second to be so voted after Sir. Odumegwu Ojukwu who succeeded Mr. E. C. W. Howard, an expatriate.” In his response, Dangote, who identified liquidity crunch and loss of investor confidence as two major problems in the market, expressed gratitude and sought the support of all stakeholders towards fixing the market. In Otudeko’s address during the meeting, it was glaring that the stage was set for Dangote’s presidency as he stated that “we have listened to all stakeholders, we have advanced issues with objectivity and courage…We have finally settled to resolve all issues in the best and enduring interest of a stable Nigerian capital market, our constituency, indeed our heritage, conscious as always that actors come and go but institutions, in this case , the market, indeed its settled precedents, processes and integrity tower above all of us.” Alhaji Aliko Dangote is the President of Dangote Group of companies comprising Dangote Sugar; Dangote Flour Mills; Benue Cement Company; Obajana Cement and Dangote Oil, among others. The first Nigerian to feature on Forbes list of the World’s richest men,. last year, he emerged as the world’s richest black African with a ranking of 334 and a fortune of $3.3 billion. And despite that some billionaires of 2008 did not make this year’s list, Dangote did by occupying 261st position with an estimated worth of $2.5 billion. He became the first vice president of the Nigerian Stock Exchange in 2006 following his election as the president of the Northern Zone of the Exchange. The succession plan in the Exchange is orderly: the first vice president automatically steps in to fill the vacuum when the tenure of the incumbent expires . The doubt of his becoming the NSE boss stemmed from his alleged involvement in the manipulation of the share price of African Petroleum (AP) Plc but he was absolved of any complicity by the Stock Exchange and its apex regulator, the Securities and Exchange Commission (SEC). Speculation was rife that Dangote was under intense pressure to resign his position as the first vice president to create room for a neutral person to emerge as the NSE president. The rumour mill had it that the perception of Dangote’s involvement in the price manipulation saga might be difficult to erase totally from the mind of investors, who had already lost confidence in the market and its operators. “To boost investors’ confidence, then Dangote must be prevented from becoming the president”, an analyst told Daily Sun then. Reacting to the rumour, Dangote said he was not under any intense pressure to resign from the council before the Annual General Meeting. Rather, he blamed the rumour on Otudeko.He explained that right from the time he became a council member of the NSE, Otudeko had always fielded candidates against him and was capitalizing on the opportunity presented by the forthcoming AGM to present another candidate against him again. His words: “For instance, during the election for the presidency of the Northern Zone of the NSE, he fielded Abdullahi Mahmoud, a director of Nigerian Flour Mills Plc and also one of my company’s directors against me. However, during the election, Mahmoud got two votes, while I got over 20 votes, which enabled me to become the president of the Northern Zone.” According to him, Otudeko wanted to maintain his stranglehold on the Stock Exchange by putting a candidate that would do his bidding after his tenure. This is all about the demutualization of the NSE. He is the chairman of the demutualization committee, which is not right, and he wants to retain that position. Ideally the chairman of the demutualization committee should be an outsider to prevent a conflict of interest from arising because it entails making the stock exchange a quoted company.” Dangote further revealed that the presidency of the NSE had been zoned to the Kaduna-Kano section of the North, which makes him the natural candidate to secure the post. “But Otudeko wants to see someone else emerging, possibly Dr. Umaru Mutallab, the current chairman of First Bank of Nigeria Plc, which is unfortunate ,given that the man is 69 years old and is a retired council member.” But that had also been put to rest now. At a meeting behind closed-doors on Wednesday, a source disclosed that the stakeholders had decided to follow the laid down procedures of electing the president. At his valedictory speech, Otudeko pleaded with “all stakeholders, the investing public, analysts and commentators to keep the market “sacred and peaceful, protect it and advance its standards and practices…and speak positive to enhance confidence in our market. That is central to its sustained growth”.The new president promised to work hard with his team and all stakeholders towards restoring investor confidence, stressing that once the problem of liquidity was addressed, that confidence would return naturally. http://www.sunnewsonline.com/webpages/features/newsonthehour/2009/aug/07/newsbreak-07-08-2009-001.htm[/quote] At least the man Dangote has been vice president of NSE since 2006, he's not new there and he is a down to earth business man. He's not the only one in the team. He'll actually do better, lets believe God for his goals to be successfully achieved in his three years term. |
KING OF GLORY |
Thank You Lord Jesus. |
Please find prices as tagged on items advertised respectively. Free shipping only within Lagos is just an advantage for buyers ordering from us here in Lagos. Thanks for your patronage. |
Thank You merciful Lord. I give You praise for Whom you're. You're the Lord of Hosts. |
@Prapra, best prices already given, go ahead and place a call immediately to finalize the transaction. Thank you. |
Prapra:@Prapra, the landing cost of a HP Touchsmart tx2 is above 170K, honestly you're pricing below cost prices on both. Thanks and welcome. |
Thanks for your patronage. You're welcome! |
I will forever live to praise Your Name Jesus. |
SirJohn, I'm doing great man. This topic is worth discussing in the Light of God's Word, leave any sentiments aside. How is your faith walk now? |
Prapra:You're welcome! Its not ok at that price, do you mind considering this set of HP Laptops for less than 100K. |
"Awesome God" |
Thank You Lord Jesus. |
Everlasting Father |
John, you've come again with these sentiments of yours. The topic is worth discussing for better enlightenment to anyone who actually walk in faith. It shouldn't be turned into a battle field now. |
Thank You for Your mercies. Blessed be Your Holy Name. Awesome God! |
Lord of Hosts |
Going for the paid service of Onspeed software with it's authorized username and password respectively is worth it. Guy, we have seen the so called hacked/tricks thing work and fail/fade away in no distant times with much instability and discomfort. The software is priced on their website or try placing an order here from the poster or anyone else reselling his/her multiple user information, it could be cheaper that way. Anything hacked could be a sure system to be hacked. |
Making money online as a nigerian is a thing of reality and are in phases. Have you ever considered driving quality and targeted traffic(customers) to your business that actually converts to sales(money), whatever field in business. It does require hard work, being rightly informed and making consistent use of the right information available to you. |
Making money online as a nigerian is a thing of reality and are in phases. Have you ever considered driving quality and targeted traffic(customers) to your business that actually converts to sales(money), whatever field in business. It does require hard work, being rightly informed and making consistent use of the right information available to you. |
I've a number of quite interesting atheist friends across the globe who are very influencial in knowledge and the wealth therein or found otherwise; most of them are really angry with the setup of religion and it's antics, not actually their inherited selfish blind arguments on the existence of God. |
Baba ooh! Chineke Obioma, thank You Lord Jesus. Your joy is my strength, my helper, my light, and my salvation, hmmn, You're Awesome! I praise Your Name forever. |
Nigerians like awoof thing too much to a fault. Anyway, belly runing of awoof thing is a great concern to me sha. Paid "Onspeed X5 internet speed booster" worked pretty well for me in an interval of 2 years now till tomorrow. Fortunately MTN and Multilinks recently banned users of same software on their networks respectively, others are still working pretty well and fast. |
Happy new month of August 2009. Thanks for your patronage. |
Hahaha! very interesting, little sentiments though not news any longer. |
I can't stop praising You. You're beautiful. |
Tudor, you could be breeding serious hatred for yourself without knowing it. As for me I got no business trying to fish you out for your arrogance and unruly manners but there're so many religionists in here and out there already wishing to eat you raw, truth! Even in the civilized cities or online communities, you don't treat or interract with people with such gross abusive and unruly manners you ignorantly show and play around here in NL. Wisdom is profitable to direct. |
1 2 3 4 5 6 7 8 ... 33 34 35 36 37 38 39 40 41 (of 72 pages)