Politics › Re: Fayose Welcomes Atiku Abubakar As He Arrives Akure Airport (Photos) by ican2020: 4:52am On Jan 25, 2018 |
seunmsg: Stop deceiving yourself, the good people of south west will never support Atiku Abubakar. We dont support criminals in south west.
Never Atiku. Atiku and a PDP controlled by characters like Wike and Fayose will never rule Nigeria. No theft happens in naija without SW playing a big role |
Politics › Re: V by ican2020: 1:32pm On Jan 17, 2018 |
Dele, I thought PMB is your man or you are tired of recession |
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Politics › Re: Why We Rejected Grazing Colonies - Ohanaeze by ican2020: 1:20pm On Jan 17, 2018 |
Give a inch, they will take a yard |
Politics › Re: Herdsmen/farmers’ Crisis: Buhari’s Clear Message On Tolerance by ican2020: 1:19pm On Jan 17, 2018 |
Pray for Nigeria, cause we need it. |
Politics › Re: Rowdy Session As PDP Senators Prevent Colleague From Defecting To APC by ican2020: 1:14pm On Jan 17, 2018 |
Nigeria politicians, especially the political office holders should for God's sake stop disgracing Nigeria In Ghana, politicians stay put in their respective parties irrespective of the situation. |
Christianity Etc › Re: I Want To Start Paying My Tithes To The Poor. Is Any Thing Wrong With That? by ican2020: 9:37am On Jan 14, 2018 |
Dangote does not pay tithe, yet, he is the richest black man on earth. Shame to the ignorant Christians |
Christianity Etc › Re: Muslim Girl Converts To Christianity In Jos And It's Causing Controversy by ican2020: 9:29am On Jan 14, 2018 |
We want the names of those officers, for future reference when we are ready to sack uniform men who do jobs that are outside their legal duties |
Business › Re: Looking For The Best Nigeria Bank For A Domiciliary Account? Read This by ican2020: 5:24pm On Jan 13, 2018 |
menxer: About #9200, for the card and 1 year maintenance fee. I picked it after 10 working days. This is on the high side. What are they maintaing? i better throw the form away and head over to access bank where I will operate a stress free account |
Business › Re: Understanding The Nigeria Stock Exchange Gains by ican2020: 9:53am On Jan 13, 2018 |
debaj10: 1. most investors are in it Long term, 5 to 50+ years. 2. separate them from stockbrokers who play the market. 3. on an average day, only a few companies' stocks pull up or deflate the market. 4. most other companies take a while to rally under bullish (when there are gains) or bearish (losing) trends.
in the news a few weeks ago we were told that about 40% of the companies in the NSE were flat/dormant all year, 2017.
now we're told of massive gains in 2 weeks; and the highest value in 8 years.
here's the economics: 1. divide the value of the NSE in 2009 by the value of the dollar then; do the same for today. this gives you a general idea of what kind of growth we've had, based on the naira:dollar exchange.
2. when dollar went from N200 to N300, the value of your 100k shares went from $500 to $333. so your broker would advise against selling, because you've actually lost money in real terms. therefore to know if the increased share price has covered your losses, calculate for dollar value then factor INFLATION into the result- how many more bags of garri can you buy now, compared to when you first bought shares?
3. a breakdown of the sectors will show you how the real sector of the economy ( companies into manufacturing, construction, healthcare, education and agriculture) benefited from the rise in the index, or if investors are only looking to invest in sectors that will yield quick profits- oil and gas, commodities, etc.
4. rule of thumb: economic growth is measured by growth in the real sector, rather than GDP. the oil industry employs relatively few number of people; how the income is channelled into the economy is therefore crucial to nations like ours. so while increase in crude prices may benefit the GDP through a few companies, it may have very little impact on the economy.
as they say, the devil is in the details. so hold off on wailing or cheering until you understand the technicalities and have calculated the real value of the NSE. That is what we call the purchasing power of the money you have in your pocket today, compare to what that same money can afford in 2009. That is the reason why the economy is not really growing cause consumers pockets cannot fuel growth. Our saving grace at moment are CBNs' continuous intervention and thee upward movement oil price. Ones CBN stop weekly intervention in fx market and oil price falls we will jump fast into Bigger recession. So, investing in digital currency is the only way to go, period. Why waiting to vote out Buhari in 2019 |
Phones › Re: Instead Of Getting The Infinix Note 4 Why Not Buy The Uhans Max 2 by ican2020: 11:28am On Jan 10, 2018 |
crismark: frm china mtchewwww...na so my fero screen break i carry am go ikeja, nobody gree say e get d screen. na vex i use troway d phone, frm dat day i swear never to buy all dese unpopular brands weh no get office for nigeria. You are right my brother, I bought Carbayster K9, though the phone is good but know that I have problem with the screen, getting a calibrator or whatever is called, have now become a big problem. |
Phones › Re: Oukitel K6000 Plus For 21k On Jumia by ican2020: 11:01am On Jan 10, 2018 |
Someone should respond, please. Is the phone still available, if yes, post the link, cause the previous one did no work in my browser |
Politics › Re: If Buhari Run For 2019 APC Will Face Crisis. If He Don't, More Crisis by ican2020: 2:50pm On Jan 09, 2018 |
yarimo: to save nigeria and nigerians From Fulani herdsmen With people like you, black continent will remain backward |
Politics › Re: Photos From Dino Melaye Pirates Of The Caribbean' Themed Birthday Party by ican2020: 2:46pm On Jan 09, 2018 |
yarimo: RIP in advance to kogi west senatorial district  Na wa for you |
Crime › Re: Herdsmen Kill 2 Policemen In Benue by ican2020: 2:44pm On Jan 09, 2018 |
I suspect, they were sleeping on duty, any way RIP to them |
Politics › Re: If Buhari Run For 2019 APC Will Face Crisis. If He Don't, More Crisis by ican2020: 2:42pm On Jan 09, 2018 |
run to where? |
Politics › Re: 2019: Kalu Endorses Buhari’s Second Term Bid, Declares Interest In Senate Seat by ican2020: 2:40pm On Jan 09, 2018 |
Send this man to rehab fast |
Phones › Re: Oukitel K6000 Plus For 21k On Jumia by ican2020: 1:46pm On Jan 09, 2018 |
Is this still available |
Celebrities › Re: Maupe Ogun Weds Mohammed Bamidele Yusuf (Video) by ican2020: 7:45am On Jan 07, 2018 |
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Phones › Re: Airtel Customer Care by ican2020: 12:58pm On Jan 05, 2018 |
later |
Politics › Re: Inflated Prices Of Road Construction In Nigeria by ican2020: 1:00pm On Jan 04, 2018 |
The is the major reason why Nigeria is backward and how I wish Nigerians can ask questions on what cafeterias past and present administrations uses to award contracts. |
Christianity Etc › Re: Pastor Chris Oyakhilome's Prophetic Declarations For 2018 by ican2020: 12:23pm On Jan 04, 2018 |
I miss the life broadcast, though not a member but I like listening to his teaching because he is a great teacher |
Politics › Re: You Must Contest – ‘189groups’ Endorse Buhari For 2019 by ican2020: 10:20pm On Jan 01, 2018 |
Contest and fail |
Politics › Re: Your Appointments Will Not Be Given To The Dead In 2018- Fayose (See Reactions) by ican2020: 10:19pm On Jan 01, 2018 |
That is a nice prayer nah |
Politics › Re: ‘he Only Made Lame Declarations’ — PDP Dismisses Buhari’s New Year Message by ican2020: 10:15pm On Jan 01, 2018 |
ManirBK: Buhari continue tearing PDP apart and they are broken into piecies You need help |
Politics › Re: Buhari's Chief Of Staff Was Booted Out Of UBA For FOREX Fraud by ican2020: 10:13pm On Jan 01, 2018 |
So, this man has que to answer, na wa for him oh |
Business › Re: Innocent Chukwuma Innoson Sues EFCC N200bn For ‘Defamation, Falsehood’ by ican2020: 10:06pm On Jan 01, 2018 |
The right thing to do |
Politics › President’s Speech: We Shall Do This And That, What’s’ Your Take On This by ican2020(op): 8:33am On Jan 01, 2018 |
There are many ‘we shall do’ in the president’s speech Full text here http://punchng.com/full-text-muhammadu-buharis-2018-new-year-address/amp/Is the President campaigning already for next election or what are his intentions? We need fuel now, people paid through their nose to travel thanks to fuel scarcity and bad roads, yet, we still hear, we will do this and do that coming out from the President, not forgetting that aunty Kemi ones said over 2 trillion has gone into infrastructure and no single tangible achievement to point to. |
Politics › Re: Buhari Is Nigeria’s Father Of Corruption – Fayose by ican2020: 1:45pm On Dec 13, 2017 |
You are right |
Politics › Re: #endsars Peterside Accuse Nyesom Wike Of Championing Campaign Against SARS by ican2020: 1:44pm On Dec 13, 2017 |
Is the incompetent Dakuku Peterside that Business Ship Owners want Buhari to sack
Which one concern the animal biko |