₦airaland Forum

IgboBasthard:
You took the words right out of my mouth! They are known everywhere for doing this!

Bloody Biafrans!

Cc Immhotep LZAA and the foolish lot from that side.

bamoski:
Na thunder go strike any gay lord wey come near me

bamoski:
Na thunder go strike any gay lord wey come near me

vchykp:
This is not somewhere in columbia, its in nigeria here, everywhere in sango-otta has a bad road..

My question is, what will it cost Ogun-State government to fix the roads?..

bamoski:
Ipob jews keep selling their children to slavery just because of their love for money..smh

What a cursed and useless bunch of animals.

bamoski:
Foolish and stupid comment as usual

shizzle1:
Afonjas food Don done

With all their acclaimed IGR, ogun state is still a squalor, afrer those afonjaitis will come and start claiming Lagos.. Stupid people

LZAA immhotep pointzerom shalomc onyeoga

deji17:
Nigeria’s capital importation grows by 594%


by BUNMI BAILEY | May 11, 2018



The total value of capital imported in the first three months of 2018 (Q1) stood at $6,303.63 million, which represents a 594 percent increase (year- on–year) from $908.3 million in Q1 2017, according to National Bureau of Statistics (NBS).

The first quarter in 2018 saw a continuous growth in total capital importation into Nigeria, the fourth consecutive quarterly increase since Q2 2017. This increase in capital inflow in Q1, 2018 was driven mainly by Portfolio Investment, which grew from $3,477.53 million in the previous quarter to $4,565.09 million, accounting for 72.42 percent of the total capital importation during the quarter.

Capital importation can be divided into three main investment types: foreign direct investment (FDI), portfolio investment and other investments, each comprising various sub-categories. Since 2017 Q2, portfolio investment has been expanding faster than the other two categories, remaining the largest component of capital imported in Q1, 2018 at 35 percent of total capital imported.

Foreign direct investment and other investment accounted for 3.91 percent and 23.67 percent of total Capital Importation into Nigeria in the quarter under review.

Capital inflow in the form of Shares in the first quarter increased by 3.05 percent from $3.68 billion reported in Q4, 2017 to $3.79 billion in Q1, 2018. This component has recorded a steady rise since the first quarter of 2017, with Q1, 2018 being the fifth quarter of its consecutive rise. The percentage share of Shares investments to total Capital Imported however, decreased from 68.37 percent in the previous quarter to 60.17 percent in the first quarter of 2018.

In the first quarter of 2018, Banking remained the leading sector for foreign capital Inflow which attracted the most considerable amount of capital investment. During the first quarter, $1.18 billion overseas investment flowed to the Banking sector, which accounted for 18.7 percent’s of the total Capital Importation.

Financing exceeded production, servicing and telecoms sectors to become the second leading sector to receive capital investment, attracting $485.41 million during the quarter. This was followed by the Servicing sector with $328.15 million, Production sector with $144.09 million and Agriculture with $130.90 million.

These five economic sectors mentioned above together attracted more than 90 percent of foreign capital investment in the first quarter of 2018. Telecommunications, which ranked fourth in Q4, 2017, only had a total of $87.25 million foreign capital investment in the first quarter of 2018, declining by 54.32% from $191.01 million recorded in the last quarter.

Capital inflow to other sectors including drilling, electrical, marketing, oil and gas, and trading increased significantly compared to the fourth quarter of 2017, although the absolute values to these sectors remained

Also in the first quarter of 2018,Abuja remained the leading state to receive foreign capital inflow after it overtook Lagos in the fourth quarter of 2017,recording an amount of $3.54 billion. This was an increase of 32.24 percent from the figure recorded in the previous quarter, when it reported $2.68 billion.

At the same time, capital importation to Lagos increased marginally by 4.59 percent from $2.55 billion in the last quarter to $2.67 billion in Q1, 2018, while capital Importation to Akwa Ibom was $43.62 million, which is a decline of 65.05 percent from the figure reported last quarter ($124.85 million).

The United Kingdom kept its leading role in capital investment in Nigeria in the first quarter of 2018, with $2.25 billion capital invested in Nigeria. This inflow accounted for 35.73 percent of the total of capital inflow in Q1, 2018, it was also a 39.89 percent increase from the previous quarter and a growth of 644.55 percent over the corresponding period of last year.

The country to account for the second most significant value of capital importation was the United States. The US accounted for $1.26 billion in the first quarter of 2018 or 19.99 percent of the total quarterly capital importation.

The next two largest investors in the first quarter of 2018 were South Africa and Ghana, which recorded $493.22 million and $380.14 million capital inflow into Nigeria in the first quarter

Capital is imported through financial institutions into Nigeria. In the first quarter of 2018, the bank through which the highest share of capital flowed was Standard Chartered Bank. The amount of capital imported through Standard Chartered Bank accounted for 25.49% of the total foreign capital inflow (up from the 15.1 percent share recorded in the last quarter of 2017).

This was followed by Access Bank, Ecobank, Zenith Bank, Stanbic IBTC Bank and Guaranty Trust Bank, which accounted for 16.62%, 14.87%, 10.48%, 9.12% and 5.32% of the total capital importation in the first quarter of 2018 respectively. A total of 81.90% of the foreign capital in 2018 Q1 was imported through the six banks stated above.

http://www.businessdayonline.com/nigerias-capital-importation-grows-594/

IgboBasthard:
cc Immhotep lzaa PrecisionFx Biafraboy Fake Lagosians

AfonjaConehead:
pele. We know the problem of the kwantiri is on ur head,we understand that u dont have mb and that u are broke and hungry. Try and approach lzaa immothep shalomc for chop money,i hia they are very lenient,shogbo.. è ma je ki ebi pa e...

nairavsdollars:
Temidayo Akinsuyi, Lagos

Prince Tony Momoh, a former Minister of Information has said it will be very difficult task for former President Olusegun Obasanjo to remove President Muhammadu Buhari from office in 2019 no matter how he tried.

Speaking in an interview with DAILY INDEPENDENT, Momoh, a national leader of the ruling All Progressives Congress (APC) also allayed the fears of Nigerians over the possibility of mistaking APC for ADC, which is the acronym of African Democratic Congress, the political platform adopted by Obasanjo’s Coalition of Nigerian Movement (CNM).

According to him, the acronym of both parties are different while their logos are also different from each other.

On Obasanjo’s quest to terminate Buhari’s reign by 2019, Momoh said the former president as a democrat will never get involved in a coup and in the eventuality of that, such a coup will not succeed as it will be resisted by well-meaning Nigerians.

“Obasanjo will not get involved in any coup and no coup in Nigeria that is resisted ever succeeded. So, how will he remove Buhari and put another person there? Will he call the Yorubas, Northerners, South Easterners and South South to vote against Buhari?”

“APC is different from APC and I don’t see them as a threat to our party. Everybody have their crowd. Do you think APC crowd will enter ADC? Both parties have their logo which is different from each other.

Read more https://independent.ng/adc-it-will-be-difficult-for-obasanjo-to-remove-buhari-from-office-tony-momoh/

immhotep:
Gowon is drinking hot akamu with Omenkalives in the IDP camp.

Cc lzaa onyeoga shallysgirl pointzerom shalomc Buhariguy Madridguy Bamoski itsmeaboki

ijustdey:
•Says all Arabs see black girls as sex objects

•Many Nigerian girls killed without trace





https://www.vanguardngr.com/2018/05/humiliating-ordeal-slave-oman-22-year-old-nigerian-girl-2/

FlirtyKaren:
Nollywood actor turned born again, Emeka Okoro, who is one of the few celebrities who abandoned acting for the pulpit, in an interview with Showtime celebrity talked about his conversion, acting career, marriage among others.

According to Emeka Okoro, Christ is happening in the Nigerian entertainment industry and you can't take that away. He went further to disclose that you can’t even resist it when God is interested in your case.

Here are excerpts from the interview below;

You’ve been away from the industry for a while, what have you been up to? 

I have a media outfit that I’ve been running and at the same time I’ve been acting.  These days, the movies we make doesn’t really move except they are shown in the cinemas, but I’ve been acting.

You recently became born again like some of your colleagues. What do you think is responsible for Nollywood heavyweights abandoning their acting career to become pastors? 

I think Christ is happening in the industry! And you can’t take it away, it’s like a crusade and God is doing it Himself. You can’t even resist it when God is interested in your case; if you don’t want to answer it, frustration comes your way until you answer the divine call.

How did you meet your wife?

We met on set! We became friends at first and along the line we noticed there was chemistry between us and we were connecting. So we became close and I proposed to her.

How have you been able to prevent your marriage from crashing like that of many  entertainers?

When you are on the solid rock, when you are in Christ, you don’t have anything to fear anymore. Christ is the base we are standing on and we don’t go outside that principle.

 Have you been tempted to go out with another woman since you got married?
That is almost a daily thing and that is why I titled my new movie “Flee”, so you don’t stay there to fight the battle. You have to take off!

https://lailasnews.com/i-am-tempted-to-cheat-on-my-wife-everyday-actor-emeka-okoro/

Lalasticlala

Strikethem:
Kikikiki, our marathon king became senile

Strikethem:
Pele o, should we do the comparison between ewedu and nsala. These are the thing we will consider. The English name for both, their botanical name, other nations that eat them with us. The nutrients they contain. Let see which one is worst between them. Are you ready? And talking about dirtiness, are you referring to that tribe from the land of corpse water drinker that WHO called the dirtiest in the world?

scholarsarena:
Source: https://www.scholarsarena.net/who-is-alvan-ikoku-and-why-is-his-face-on-n10-note/

laudate:
Yes, o! If not for Awolowo and his free education programme in the '60s, many parts of the Igbo-speaking areas of the old Midwestern region, would not have seen the four walls of a school.....

immhotep:
Laudate will not sleep today oh;

Cc lzaa onyeoga shallysgirl pointzerom shalomc Buhariguy Madridguy Bamoski itsmeaboki

Roger3D:
Jew man. How fa na? cc LZAA iceberg3 pointzerom etc etc

IgboBasthard:
Dont trust the evil tribe! Werey dem from yeast!
Cc Immhotep lzaa

bamoski:
Akpa amu

IgboBasthard:
Cc Immhotep lzaa

IgboBasthard:
Self deceit

immhotep:
Respect the Oba of Lagos and stop mis-yarning.

cc RandyLewis Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy

fergie001:
Cally Stifler should be arrested asap......

Omfg..............

But wait,is that how they see us outside?
This is serious........
Please lzaa onyeoga summon the crew
This calls for sober reflection,honestly

When we catch Cally Stifler

immhotep:
So westbestside is even from Ondo state and he is here attaching himself to Lagos by force LMAO.

cc Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy

ibotic:
Is Ondo not better than all our SĒ states put together.... Is that not where the Deji publicly flogged our Eze Ndigbo Don’t we have shame anymore

Strikethem:
But we know it is on nairaland na . But, but Yorubas ruled 4 out of your 5states na

bamoski:
Daft comment as usual