₦airaland Forum

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!

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.

brain54:
Pls explain...?

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!

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.

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

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

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.

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?

erico2k2:
So where should an immigrant start?
You lot do not even realize that the English and the Americans actually clean toilets.

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!

Streetinvestor2:
How many units are you ready to buy tomorrow

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.

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

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

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.

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

Streetinvestor2:
with due respect that is your opinion. No one is instigating it.It is hunger induced unless you don't believe thr is truly hunger in the land because you and yours are seeing food to eat.The level of hunger now in nigeria is unimaginable even myself know what it cost me now to feed my family. It is equally evident here now as how people now view stock market as a place for short time earnings to meet needs..Do you know my friends in government work who called me last term to help with school fees for thr children. The number of well looking nigerias who approach you daily to assist with money to buy food.Oga the hunger is real from people I least expect them calling for money to buy food.Look at the business within your area that was doing well and how it is looking now. IT is not everything that is politics

LandMann:
NLC betrayed Nigerians.

Tinubu is the president of 35% of Nigerians. That is the vote he got in the election. Over 65% of Nigerians did not vote for Tinubu.

Today, that number of people who did not vote for Tinubu and who don't like Tinubu because of his wicked and senseless leadership has risen to over 80%...the desire to loot the nations resources and spend the resources on frivolities by people in Tinubu's government is not helping matters.

Tinubu is a disaster that should never have happened to Nigeria

nairalanda1:
It might, ( south Korea was a serious basket case when they started their journey) , but at the end, taking such a road means it gets worse before it gets better. That's not attractive to any African leader or indeed any leader.

nairalanda1:
It won't, because the colonial masters only would develop places that serve their interest. They won't develop or do anything for your village if it does not serve their interest.

Also, any money Nigeria makes, before it goes to any Nigerian people, the UK must take their cut.

UK would only develop your place if it makes sense for them to do so. UAE that was under UK rule was not that developed until they got independence, then they got something off the ground.

Most places in Nigeria with electriticy got power after independence....including my home village. Before independence, who send my village? It was of no use to the same colonialists.

The problem with Nigeria is that at independence, we had two choices, mass welfare projects to bring out many people out of poverty, or massive industrialization and capitalism. We chose the former and it worked, until our population outgrew the ability of the resources to satisfy the needs of same population. That is where we started taking loans.

Industrial development would have served us well, but as China and South Korea and even Japan will tell you, it means hardship promax before things get better. And no NIgerian leader is going to tell people your suffering continues until we become like UK in 50 years time. Una dey mad?

mrvitalis:
You are quoting FG

mrvitalis:
Anyone who can prove our debt service to revenue is 65% I would give them 1 million

Ways and means that tinubu wants to increase to 10% from 5% is what is said to have reduced?

Kobojunkiee:
As the Constitution clearly tells you right there, you uphold a constitutional position by considering null and void every unconstitutional law.... READ abeg!

Kobojunkiee:
Again, pay close attention to what your Constitution, the Supreme Law of the land, instead says.

Mankind2024:
https://nairametrics.com/2024/07/31/nigerian-breweries-grapples-with-inflation-as-pre-tax-losses-hit-n50-8-billion-in-second-quarter-of-2024/

The falling knife phenomenon.