CyrusVI:


Na that one? Or make he relocate go another place

I detest seeing people living in a place and still cursing the place.

Its not only childish, it means you're living as a coward prisoner, who'd rather live his short life among thorns , while gnashing his teeth every days of his life, when in reality, he could just free himself and go live peacefully in his own lovely domain

What if he has no domain or means of exiting the current realm?

shiwex:
A little fall? Obviously, you know nothing about how the markets work. This is a serious issue, shows there are massive underlying problems.

Please can educate us on the exact underlying problems in this instance?

Raider76:


I think there should be a gov policy to make such companies list to grow the NGX, just like the Buhari gov got MTN to list.

Btw did you see them declaring N300b profit? If they were listed it will be loss they declare with all sorts of excuses like FX losses. The ways companies cheat investors and escape taxes is too much.

I believe that any business generating over $1 billion in revenue, including government-owned enterprises, should be required to list on the stock market. This would greatly enhance accountability and transparency within our socio-economic landscape as a nation.

illicit:
He was not in their custody

He came around by himself in company of his house boy and some other servants

Ofcourse they couldn't arrest and he knows that

Everyone knows, don't u?

He came with a governor


They had to let him leave with the hope of tracking him and picking him up elsewhere

Don't be fooled by Bello's shenanigans

EFCC ain't that dumb...

🦅

Please exactly what stops them from arresting him?

What are the excuses? Have you visited the bank in person? Bankers like to stonewall liquidation but they have no option once you show seriousness.

10mobile:

Is it about people in Abuja being superior, or Abuja itself being a superior region since it's the seat of government?

Does this logic applies to states and their capitals?

10mobile:
Legal discussions involve a lot of complexities. That is what they use to hold us down. They can interpret the law as they like based on who paid higher.

This is common sense and shouldn't be complicated. It's quite shocking that any educated person would argue that people from Abuja are superior Nigerians.

Blessedman98:
Money central owned by who?

This shameful fight btwn NNPC and Dangote ain't ending soon I guess

Focus on the message, not the messenger. Do you understand the logistics involved in moving 111 million liters of fuel by road in just three days? It's quite a challenge. Meanwhile, the spokesperson for Dangote has been uncharacteristically silent, failing to respond to the NNPC's press release regarding the purchase cost and selling price for the last three days.

What was the reason for multiplying a portion of the total output by the per barrel rate?

EdoGovernor2024:
BETTING CHALLENGE ON WHO WILL WIN 2024 EDO GOVERNORSHIP ELECTION:


All betting money must be deposited with the moderator and treasurer of this betting challenge BEFORE 12 Midnight on 20/9/24.

Let the betting begin!

My money is on APC

descarado:

Do you know Nigeria has some private refineries already and modular ones. Though they are not up to dangote capacity at the moment.

Whom do they sell to?

That is the main question.

they’re not consequential in terms of their volume besides they don’t produce PMS.

brain54:

Pls explain...?

With competitors like NNPC and major marketers importing PMS, the market will become too competitive for him to make a profit. In a monopoly situation, he could set prices or even request subsidies while selling at higher prices compared to imports.

brain54:


If he sells internationally...

Economies of scale would be at play - Selling domestically allows Dangote to optimize logistics and reduce transportation costs.

That's what I meant by reduced profit margins!

Logical assumption but that would mean that he really needs to have a monopoly of the Nigerian market to stay profitable.

vanbonattel:


If I form an unknown party and call it HHH and IPeter Obi joins the party and contests for presidency tomorrow, HHH will be assured of at least 10 million votes nationwide.

Take that to the bank.

10M from where? When you’ve lost the religious and ethnic playbook following your inability to manage multiple interests post-election.

power deception?

mikeapollo:


You want your PFA to be doing jijo with Oando? Fear God ooo

Anchor84:
How much does it cost for a 2016 Camry?

I co-ask @Anchor84

Namaster:


Bro, you don't know what you are talking about.

Issuing shares is NOT a surefire way to increase market capitilsation. In fact, it has the potential to dilute the value of the company's shares.

Issuing shares would REDUCE the Dividends per Share since MORE people would be partaking in the dividends than if the company did not issue the share.

As such, people may be tempted to SELL off their holdings rather than risk a reduction in income. That could result in a reduction in the PRICE per share.

As a result, issuing more shares could result in a REDUCTION of market capitalisation, ZERO change in market capitalisation or a MARGINAL increase in market capitalisation.

You DON'T magically increase your capitalisation by issuing MORE shares.

Oando was an OKAY company. But Oando does NOT have what it takes to SUDDENLY add #926 BILLION to its market value in just ONE year without Tinubu's CORRUPT influence.

A 1,000X LEAP in value is something that may be possible for TECH companies with CONSTANT CRAZY innovations NOT an energy company that does NOT know the first thing about INNOVATION.

I asked you before and I'll ask again:

Has Oando ever been worth ONE TRILLION NAIRA in its previous 67 years of existence?
Even when its shares were selling for #200 each?
Has it?

Your BULLSHIT will only fly when you're talking to financially-uneducated folks. Not me.

there’s way too much ignorance in this post. Pls Google NSEMPA—you’ll find more than enough learning materials to cure your ignorance.

erico2k2:

let me tell you something, today £1=2150, so a poor man can not migrate, as things stands the migration rout today is 95% COS, which now cost more thanN35M, So tell me sir, Do you think a person with the ability to raise such sum is naïve or have a poor living standard?

Do you think that if all the people in rural Nigeria had the opportunity and means to relocate to urban areas, they wouldn't?

erico2k2:

So where should an immigrant start?
You lot do not even realize that the English and the Americans actually clean toilets.

A person who migrates from a rural village in Edo State to Benin City, but still mentally and financially lives as if they are in their village, will likely agree with the original perspective. The stark differences in income and living standards between the two locations shape their views.

An immigrant in the Western world whose mindset is still spending and living mentally in his/her home country will likely agree with the OP.

Wordson:
That's the victory as expected ladies and gentlemen...
Na the 3-0 dem chop for preseason dem still chop today.

We move to the next one..
Nottingham forest!

😂😂😂

I have always been curious about how these similarities arose. Perhaps their ancestors migrated from China, with some settling in Nigeria. Are there other languages in Africa that share similar characteristics?

Streetinvestor2:
How many units are you ready to buy tomorrow

How many units do you have for sale ?

ShinnBet:


Yes nah.

How can you explain the head of one off Nigeria's apex security outfits leaving the office of the President only to be surrounded by waiting army of Press men ?

President called him to demand his resignation and go and address the press on his resignation.

this is the most likely scenario; typically if he’d resigned on his own it won’t be effective immediately.

Kobojunkie:
You can check out the various sources of the information in the video and then tell us how many of them you have personally investigated for yourself and knew of before now. https://docs.google.com/document/d/1_fHBCi14GqNjLv_7FrtaTN_8Q9WNG9U8jIdxG0eLowA/edit

Seems you don’t know publicly available information cannot be regarded as secrets.

Secret? Yet you know the details of the deals! Sensational headlines with sensational conclusions.

There is nothing regionalism can achieve that the present system cannot achieve. I think the backers of this regionalism are merely looking for a backdoor access to power and allocations.

Kukutente23:

Was it not fg that took the case to court?
So fg doesn't know how to go about the same judgement it sought for
Zombies sha
Just accept that the reality has made the FG to backtrack after titillating their supporters for nothing

So do you suggest FG withholds allocation to states with no democratically elected leaders as the Supreme court mandated?

Streetinvestor2:
The protest is tag,end bad governance. And you can take a trip to Kenya to ask the youth what they achieved in thr protest.The government was more interested in suppressing the protest instead of welcoming it and working round it to avoid the violent type..Have you seen the kind drastic policy change in kenya now. The genuine cut in cost of governance in alll quarters by 50% even with subsidy removal and forex unification can feed Nigerians well.

What exact drastic policy change has occurred: the reversal of the finance bill or the dismissal of all cabinet members, with about 50% replaced by same sacked members? Regarding your suggestion to reduce governance costs by 50%, how is that feasible without mass layoffs?

Pesuzok:


Exactly my thoughts. But why did the banks not report the revaluation in their balance sheet and leave it out from their comprehensive income. The banks might have brought this upon themselves

The windfall tax is a win-win---Banks made little profit in 2023 aside from FX gains. This one-off tax means banks can no longer significantly profit from FX speculation, likely leading to a stable Naira.