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Nairalander640's Posts

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Jobs/Vacancies / Re: Deloitte 2024 Graduate Recruitment by Nairalander640(m): 1:00pm On May 08
Please how long before a feedback, what is the next stage and all, lets keep this thread active
Jobs/Vacancies / Re: Deloitte 2024 Graduate Recruitment by Nairalander640(m): 12:59pm On May 08
Eminence50:
I only did the 80 question unable to do essay
we are handing over handing to master jesus grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 2:29pm On Apr 02
Dear Esteemed Investor,



We are pleased to inform you of the launch of Dangote Sugar Refinery PLC’s (“DSR” or the “Company” or the “Issuer”) debut Series 2 and 3 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close Friday, 05 April 2024.
Issuer

Dangote Sugar Refinery PLC

Dealer

Meristem Capital Limited

Programme Size

₦150 billion

Target Size

Up to ₦50 billion

Series

2

3

Tenor

184-days

254-days

Discount Rate

19.80909%

21.30384%

Implied Yield

22.00000%

25.00000%

Offer Opens

Tuesday, 02 April 2024

Offer Closes

Friday, 05 April 2024

Settlement Date

Monday, 08 April 2024

Maturity Date

Wednesday, 09 October 2024

Wednesday, 18 December 2024

Issuer Rating

A+ (Agusto); Baa3.ng (Moody’s)

Use of Proceeds

To support the Issuer’s short-term working capital and funding requirements

Minimum Subscription

₦5,000,000 and ₦1,000 thereafter

Tax Consideration

Applicable Taxes shall apply on the instrument except otherwise exempt

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 3:24pm On Mar 12
Streetinvestor2:
Walahi this our market is not secret. From what I am seeing in price of banks and some companies like jB.Some people do see thr results
Just sit down there, their auditors too are they not human being, do you think data privacy issue will not let them use the info to their advantage or even their relative or sure plug,
grin grin grin grin grin Info leyan fin fo grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 8:43am On Mar 07
Wapgod:
Is transpower a good stock to buy?
Where do you see transpower to buy some thing that is on full bid
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 9:31am On Mar 06
Bimmms:
Does Morgan capital have a trading app on phone ? Preferable iPhone , I tried downloading it yesterday , couldn’t find any
This is for newbies and those who want to learn stock trading

https://us02web.zoom.us/webinar/register/WN_ra2JBoApR5Woki9IKOpIAw

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 1:41pm On Feb 07
Boshins:
Pls guys...I want to move my accts from my broking house to another...pls which do you recommend and the process....thanks in advance...

Meritrade still the best i can recommend for now,
visit meritrade.com
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 8:47am On Feb 02
CeeJeckydivah:


Thanks for replying, I'm new to meritrade. I don't know how their system works
What exactly do you want to know about meritrade, i can help
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 8:42am On Feb 02
Dupeodus:


No. FBN has not explained the hugh N681 billion FVTPL gain. If you go to note 10, there is nothing there. They just restated the line and amount. If you go to note 19 where FVTPL are listed, you see a line for derivative assets for N617 billions. On the face of it, this looks like a booking of paper assets for inclusion in P&L as FVTPL gain. However, there must be an underlying transaction that gave rise to this asset which FBN did not disclose. Given the size of the asset and its impacts on the p&l, the underlying transaction merits disclosure. Unlike the other big banks, FBN has a hugh figure of N350 billions as foreign exchange loss in the face of a massive devaluation of the naira. What this tells me is that the derivative transaction created a hugh foreign currency liability for FBN. All of these needs to be disclosed. Hopefully, the auditors will not let FBN get away with this level of opaqueness amd there will be disclosure in the published financial statement.
KPMG is their auditor and they've already done their due diligence

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 8:39am On Feb 02
molybdenum0012:
Hello guys, I need your advice.

My wife here just got an info to claim an unclaimed dividends of share she bought about 23 years ago with Conoil before she left Nigeria.

She has gone through the link and found out her name is there:
https://sec.gov.ng/non-mandated/

Now she does not have the certificate any more nor any Nigeria bank account number.

She is wondering if it worth it to come down to naija to claim it or not .

Please, brokers in the house what's your advice ?
Send me a mail or dm 08130090640 ademolaadeniji4@gmail.com
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 1:28pm On Feb 01
meritrade all the way, just slide to meritrade.com or check my signature to dm
AmRoyalty10:
please where i can get a good stock broker o
I'm new to the game. Help please.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 11:45am On Jan 31
Transcorp deeping once more
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Nairalander640(m): 2:22pm On Jan 26
there is something as such called earning smoothening and strategy and its needs not to be ethical as long as its makes sense to the board
Jobs/Vacancies / Re: Premium Trust 2022 Graduate Trainee Program: Apply by Nairalander640(m): 10:01am On Nov 12, 2022
does anyone else got something like this from premium trust bank
Dear *****,

Trust, this meets you well.

After a review of your performance in the last Cognitive Test we are pleased to inform you that you’ve progressed to the next stage of the interview process

Please see below your scheduled date and allotted time for the test:

Level 2 – The intermediate Stage
Type of Test – physical assessment Test
Time: 45 Minutes
Date: 15th November 2022
Candidacy Number: G****
Start Time: 1:00 pm – 1:45 pm
Venue: Lagos Head office, plot 1612 adeola hopewell Victoria island lagos
Note: you can only be around the assessment center on your scheduled date and time

Looking forward to meeting you and once again congratulations.

Best Regards

Premium Trust Bank

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