₦airaland Forum

beejay1:
Bros, unless I am reading this wrongly, June 24 court case, does not really do much to bring this issue to a reasonable conclusion, asides from allowing certain shareholders be joined to the petition. See below extract from Oando notification:

"The adjournment to June 24, 2024, is for the Court to rule on the pending applications
brought before it by certain shareholders seeking to be joined to the Petition and
challenging the Court’s order dated June 7, 2022, which among other orders, directed
the Company to file its Scheme of Arrangement document (the “Scheme Document”)
with the Securities and Exchange Commission (SEC) and the NGX within 30 days. "

Lawyers in the house, any opinion?

You may be right, though. I am not very particular about the technicality involved in the case for June 24.
But if the delisting does not take place, Oando may be stocks to watch out for.

Mpeace:
With seplat deal almost done, something tells me Oando's deal will soon be completed. The way Tinubu intervened to make this deal go through is the same way he might try to ensure Oando's.
He says he wants to increase crude oil output by all means possible.

Those who may be interested in Oando shares should take note of the following:
a. Production volume in 2022 was about 26,000 boepd.
b. Production volume in 2024 is currently about 40,000 boepd (i.e. 50% higher than 2022). This is projected to reach 50,000boepd by close of 2024 and early 2025.
c. Consider the increase in volume and dollar rate between 2022 and 2024, and the potential impact on 2024 turnover and profits.
d. 2024 revenues and receivables are mostly in USD, so there will be little or no exchange losses
e. 2023 is already past; the audited results is likely to be a loss, as stated in the 2022 audited accounts.
f. 2024 would likely see a big jump in profits due to higher production volumes and mostly $ denominated revenues.

Bottom Line:
Oando may be a big gamble for now, so be guided and be cautious!
However, if the coast clears after the court ruling on June 24 and Oando does not delist, some guys would cash out big time!
Weigh your options and take a dive!

Racoon:
The same Ghana of the infamous mass "Ghana-Must-Go" Exodus of the 1984-85 era now openly brags about the giant of Africa because of two disaster that are rotating Nigeria like a musical chair among themselves. Meanwhile, the same Buhari of that time still handed over to another disaster

''Ghana-must-go'' happened under the Shagari government; not the Buhari-Idiagbon regime

adamusuleiman3:
https://dailytrust.com/breaking-tinubu-approves-free-ride-on-abuja-metro-rail-till-december-31/

A totally clueless, shallow leader without any substance or depth

Sweetphronesis:
This president has successfully passed every single thing he planned on passing.

With speed too.

I'm not sure if it's a good thing or bad thing.
He's brave though.

He's just clueless and empty with misplaced priorities!
He went to launch the Lagos-Calabar coastal road and he retorted ''this is my day of bragging''.
So the project is all about him bragging with something! No depth, no substance!

AmericanIdiot:
Lagos IS no man’s land
Oya waht does Lagos mean in Yoruba language

The name ''Lagos'' is derived from Portuguese word, which describes 'the Lagoon area''.
The indigenous name is Eko.!
Lagos has its history of origin and kings, including all the surrounding towns and villages dating as far back as hundreds of years
If Lagos is no man's land, why don't you and your people go and contest for position of Oba of Lagos!
You say Lagos is no man's land, yet during the civil war, other tribes ran away to their villages in other parts of Nigeria leaving behind their business and investments. You should have expected them to stay of Lagos was
''no man's land''.
Empty lousy noise!

lexotan:
Ghana and weird traditions especially if na Kenya. I knew no be Naija e go happen, cos our girls no fit stoop so low like dat na😁😁

Stop being petty and shallow!
There are different tarditions everywhere.
In Nigeria, there are tribes whose tradition permits the husband to allow his wife to entertain and spend the night with his visiting best friend. It happens in the Middle Belt. What about that?

jmoore:
Some people on this forum need to travel and see.

Stop acting like your people don't live in different parts of Nigeria.

Yoruba people live in other parts of Nigeria and the world.
But they respect their host communities. They don't come and live in your community and become arrogant and lawless. They don't disrespect their host community by calling it a ''no-man's land''

DeepSight:
Honestly. I dont know how people of faith and supposed good conscience can see a situation where an invading power directs a civilian population to Rafah for safety from its onslaught, and then comes to that city where they have moved to to slaughter them, and people of faith defend this.

What you typed is a big lie.\
Before moving into Rafah, Israel evacuated and directed the Palestinian civilians from Rafah to al-Mawasi. Over 1 million Palestinian were evacuated successfully.
The bombing occurred at Rafah, at a facility being used by Hamas, that hides among people to operate.
The bombing did not happen at al-Mawasi. Stop the lies!

Wizardslayer:
What about all eyes on Sudan, Ukraine and Northern Nigeria??

Hypocrites.

Font mind them.

Assad of Syria was bombing the whole of Syria for many years. The useless South Africa and ICC did not see genocide in Syria for almost 5 years.
Now, they are shouting because it is Israel defending itself from terrorists!

RockHard:
Israel is just wasting its time. They can never wipe out the Palestinians, never. The children of the Palestinians they're bombing today will become even more belligerent than their parents ever were. It is what it is. Israelis will never know peace in the Middle East. For as long as peace and human dignity eludes the Palestinians in their land, so will the Israelis never witness peace. That will always be their portion forever in that land.

Stop the noise and lies!
Israel did not say they want to wipe out the Palestinians? Are you blind to see that IDF has evacuated more than 1million civilians in Rafah? Israel has also created a corridor to deliver aid to them.

Israel says it wants to eliminate Hamas and its fighters! Not all Palestinians, so stop the lies or correct yourself.

CannibalTorment:
Those people saying 100k for minimum wage, remember that 60k offer is just for level 1 staff and no one is on level 1, they start from level 4 upward, presently Lagos state state on level 8 are collecting around 140k, we should think of hyperinflation.

Why didn't you think/ talk about hyperinflation when senators and political appointees collect millions per month?

TruthU87:
EU has to choose between supporting international rule of law institutions or Israel


https://www.euronews.com/my-europe/2024/05/24/eu-faces-difficult-choice-between-support-to-rule-of-law-or-support-to-israel-borrell

Some people were jubilating, dancing, rejoicing and celebrating the attack on Israel on October 7th/8th, 2024.!
Why are those people complaining now?

Ofunaofu:
https://dailypost.ng/2024/05/23/i-cannot-solve-fct-problems-in-200-years-wike/

If so, why are you fighting Fubara for the control of Rivers State? Hypocrite

Tellmeastory:
You are a beast and an animal.

Hamas killed 1,000 Israelis, and Israel has killed 40,000 Palestinians in response. And are planning to kill more, and your response is “who started it”?

You sick demon.

Where in your bible does it say 40 lives for 1 life, or 40 eyes for an eye?

Is your bible law not an eye for an eye, with the New Testament even replacing that law as too harsh?

SO WHERE DOES 40 LIVES FOR 1 LIFE COME FROM?

What religious law supports that?

How will YOU explain your support for this monstrously disproportionate response to your Maker at the Gates of Heaven and Hell?

Because when you get there, it will be just YOU there answering that question.

And there will be no Netanyahu, IDF, Biden, CNN or US Army there to protect you.

So you better be ready to explain to your Maker YOUR support for the mass slaughter of his Creation, including thousands of children.

Disgusting beast.

Hamas will continue to waste the lives of people until they release the hostages! Simple.

God1000:

https://www.youtube.com/watch?v=4gSP7Yeljyc



https://www.bbc.com/news/articles/crggvmyz03vo

The same South Africa that refused ICC's order to arrest Putin and AL Bashir of Sudan.
Very useless hypocrites

God1000:

https://www.youtube.com/watch?v=4gSP7Yeljyc



https://www.bbc.com/news/articles/crggvmyz03vo

ICC has no jurisdiction over Israel! South Africa can mobilize its armed forces to go and face Netanyahu and IDF.
Simple nonsense!

EDUECO:
You have absolutely done the right thing .

If FBNH cannot pay a dividend of N2.00 from an EPS(earning per share) of N8.59;then probably the management presented a fraudulent financial result.

What FBNH paid as dividend is too small, but I think it is because they want to conserve funds for recapitalization.

stcool:
I dont waste time to exit any company the management wants to be stupid....the last time it ever happened to me was Oando, during the days of SMN.

I have exited FBHN....If I move the funds into TB I am sure of at least 4-5M in upfront interest payment for 365days tenor which should help cover the loss. I no dey do, hope for the better with cowboys. I just count my loss and move on.

Moving into fixed income securities is good strategy at this time, especially if you have some huge capital to invest!

Krismas:
ofcourse the koran included. none of them is historically accurate. as for kings of Palestine, ur bible will say Abimelech was the titles for Palestinian kings. maybe fiction as well or wot u think?

If you say Bible and Koran are fiction, then I know the kind of person that you are.
What you describe as ''fiction'' in the Bible is the foundation of the world; so the world too must be fiction, and your Palestine/Palestinians too must be fiction!

Krismas:
start by showing me. any world map that has israel on it. i think, its religious crackheads, who cannot see the bible, as mere fiction and false narratives, who insist every bit of the mumbo jumbo in the book is unquestionable history.
but thats delusion. cos there has never been Israel, ever on any known map of this world.

I mentioned two books; the Bible and Koran. Why are you talking about the Bible alone?
You can also go ahead and say that the Koran is also mere fiction and false narratives.

I asked you to mention names of kings of the so called Palestinians, and you cannot because there was none. They did not own the land
You liars have no authentic history to back your claim to land; but rely on 1947/1948

Krismas:
there was never israel in 1947, it was all palestine. jordan took control of the west bank only in 1950. a control no one else acknowledged except Britain. it therefore does not matter who Israel recaptures west bank from. its Palestine. and Palestinian lands. all the land of palestine israel is controlling now, building houses or settlements on them, farming on them, will all be recovered from israel. occupation, no matter how long, does not secede the right of ownership of land under international law

The land of Israel is more than 3000 years old.
Anyone that uses 1948 as the start point for the land of Israel is not sane or knowledgible enough to understand what is going on.

Krismas:
there was never israel in 1947, it was all palestine. jordan took control of the west bank only in 1950. a control no one else acknowledged except Britain. it therefore does not matter who Israel recaptures west bank from. its Palestine. and Palestinian lands. all the land of palestine israel is controlling now, building houses or settlements on them, farming on them, will all be recovered from israel. occupation, no matter how long, does not secede the right of ownership of land under international law

You must be enjoying your dream in dreamland!
Go to your Bible or Koran, and tell me of Israel is not there, and if Palestine is mentioned anywhere! And tell me if that Bible or Koran was written in 1947 or 1948.
You people are never tired of telling lies!
There has always been Judea, Samaria, Jerusalem etc. and their many kings that ruled over the land like David, Solomon, Hezekiah etc.
There is nothing like ''Palestinians''. They are just descendants of Arabs who refused to recognize Israel as a state!

Krismas:
there was no Palestinian negotiation in 1947
in the two oslo accords, there was nothing like PALESTINIAN STATE inside the entire agreement. which Arafat signed anyways after Mubarak of Egypt bullied him to do so.
2020 trump peace plan? what was that? all i know was trump normalization of israel with saudi initiative.

If there was no Palestinian negotiation in 1947, then what is the business of the so called Palestinians in 2024?
Israel recaptured Judea and Samaria (which people call West Bank) from Jordan in 1948! There was nothing like Palestine or Palestinians.
So why must Israel return the land to Palestine that did not exist in 1948 when Israel recovered the land from Jordan?

Kobicove:
Let's be honest, Sanusi is too loudmouthed and is not suitable to be emir of Kano

It was also Sanusi that was spending CBN money as if it was personal funds while using CBN money to do charity donations to victims of bomb blast in Kano State when he was CBN governor so as to ingratiate himself to the kingmakers!

You are legitimately ignorant!
CBN has been doing CSR donations long before SLS became governor, and it has continued after he left the CBN.
These lies are one of the useless and stupid mistakes that Jonathan made and cost him his presidency!
You look for foolish lies to justified sacking a CBN governor that was informing you about the people stealing in your government

wonder233:
Netanyahu, You don't want the people to be recognised as having a country, you just want to be grabbing their lands, killing them and oppressing them. Then, when they feebly fight back as was the case on Oct 7, you start yelling "terrorism", and your puppet, the US for whom your lobby groups have vice grip on its politicians start pledging allegiance to you... And shallow brainwashed people in the third world to whom you've sold the scam of being "special" start frothing in the mouth.
E.g Christians from South-East Nigeria will immediately label Norway, Spain, Ireland as muslim countries.

Foolish talk!
Does Judea and Samaria belong to the so called Palestinians? King David, Solomon etc. ruled over Judea and Samaria (including Jerusalem) thousands of years ago. How could the same place now belong to so called ''Palestinians''?

Codepain:
Isreali want to erase palestine but the world become palestine.

146 countries now recognized palestine,
It is only a matter of time before the death of the last apartheid state,
And after her death it will be clear that , Modern day Isreal is mentioned in the bible same number of times as Abraham Lincoln.
If Lord has a chosen people it won't be psychopath. and it won't be Lazarus that can't raise any of his wives from tombs

Even if the whole world recognize the so called ''Palestinian'' state, let them go and have their state on their own land. Judea and Samaria belong to Israel, It does not matter if some people deceive themselves by calling it West Bank or East Bank. It is Judea and Samaria

AcuraZDX:
https://saharareporters.com/2024/05/22/we-have-no-magic-wand-tackling-inflation-will-take-time-central-bank-governor-cardoso#google_vignette

Clueless people in govt.
You woke up one day and decided to float the naira recklessly without any consultation. That singular act has destroyed the naira and a major cause of inflation. Now, you are saying that tackling the self-inflicted inflation will take time. Incompetence!

God1000:
How, this brutal war has made a lot of countries to support Palestinian cause, Israel on the other hand has become a pariah state.

Palestine is gradually getting the needed recognition at the united nations and among comity of nations

Support and recognition for Palestine my foot!
The genesis and end of the war has been prophesied many years before now.
Israel will always overcome. A million lies does not make truth!

Pifebhor:
Please did ARDOVA pay dividend in 2021? What date was the qualification date?

I was not paid dividend before they delisted

I am unable to confirm if Ardova paid dividend in 2021.
But Oando's case has been very unpleasant...not paying dividend for about 10 years at a stretch.

SALLYBERRY01:
Between Landlord and Tenant who should repair a faulty Pumping Machine?

The active users should repair it.
if the machine was released or made available to the active users (tenants) in a working condition, then it only makes sense that they repair it.
All installations in the house may be owned by the landlord, but would you say the landlord should be the one to repair your electrical faults in your flat (or room), or repair the switch control board or a faulty door?
Things like water machine develop fault due to prolonged usage. The active users (tenants) should be reasonable enough to repair it.

The other exceptions are things like the roof of the building, fence, gate etc which should be repaired by the landlord

Krismas:
over the last 10days in jabalia and northern gaza, Hamas has completely destroyed over 100 markava tanks
and each of those tanks, cost 3million USD and need at least 5soldiers to function it.
so, do the maths. thats about 500dead IDF soldiers. and the world does not even notice
meanwhile at the same time, Israel mass-graves in al shifa, containing like just 200 Palestinians each, but get all the international outcry and buzz
israel cannot even declare thier own losses, i have a video of them towing their burnt tanks out of Gaza with much shame
everything is just favouring hamas, while on NL israel fanboys are busy talking NONSENSE

Why don't you go ahead and throw a party and celebrate the victory of Hamas in the war, the way you did on Oct 07 when Hamas attacked Israel!