Happy Easter Folks!

The tirade yesterday was nasty, worse than previous ones. Seun deleted the posts thankfully. If it continues on this new thread, there is always stockmarketnigeria.com - http://www.stockmarketnigeria.com/forums/nigerian-stock-exchange/770-nigerian-stock-market-tips-10.html#post13991 We were on this thread when Nairaland was locked down the last time. That site is well moderated.

EKWA:

RELTEL PRIVATE PLACEMENT is coming out soon keep your money down ,spoke to their manager Tony Okonkwo this morning my good friend and family member.

Hi EKWA,
Thanks for the heads up. Please keep us posted.

eniyanman:

no be Mary?

You too much, you don spoil show!  
You for wait for a few Nunu's na.

einnew:

Hi

Just want to check if anyone heard of VINARD LOANS FINANCIAL SERVICES and FOX PETERSON LENDING AGENCY. These both companies come from Nigeria.

thanks

Nope, where are they based?

Man Jiro:

Request for UBA Stockbrokers Client Account Number: I pay directly to them but just inform my relationship manager to confirm it. I would say that the service is improving. The key is placing your orders before the stock goes on full bid: not too easy to judge. You might buy 1-5% more expensive though

@Man Jiro,
Good to know, maybe I will fund the account I opened.

Etin:

@NBA

When I come up with a good way to use your dollar cheque book in Nigeria, I 'll gladly let you know. How is your friend Obama. I have not really paid any attention so was pleasantly suprised to findout he was so eloquent - thank to your link. I really wonder if he can win?

Back to Diamond. Have you got your PIN for your debit card? I was told I would get it on Friday the 14th of March 2008 still waiting

@Etin,

Per obama, win or loose he has represented very well. It will be interesting to see what happens.

No, I did not get my pin yet but it was nice to get the card as I wasn't expecting one. BTW, did you get a Naira checkbook eventually? I recal you or maybe it was someone else on the thread, requested one.

hbrednic:

eterna lost full 5% today,how can it be on net bid?
maybe na one of the wonders of NSE.

You are looking at yesterdays bid positions.

invisible!:

For all these bible wey Loma dey quote so? Abi the guy na pastor?

@aktopgun, pumice, shine the candle for Transcorp, abeg.

@NBA, Naijadr, what of the bid positions?

My broda, nothing yet for today.

@Etin,
Happy Easter O!

I still can't think of a single use of the Diamond Reach dollar checkbook either.

Gentlemen, please.

@All,

If you trust your broker, I suggest you use their address as your mailing address for everything. It makes life a lot easier and works great. I have experienced both situations - using my brokers address versus using my US address.

X-2-X:


I use Lebara from the UK. costs 10p per minute to call Nigeria. Good thing is that it comes in form of a sim card and u get to dial direct from your phone without entering any code etc

I know Lebara is also available in some othe EU countries but I don't know about the US

@X-2-X,
Thanks for the Lebara tip. I checked it out but they only cover Europe. I will use when in London.

.

What are the best rates to call Naija?

Folks,

What are the best rates to call Nigeria from the US. I currently use an on-line calling card from phoneshark.com which is programmed to my home and cell phones so I do not enter a pin when I call from either number. I also like the convenience of top-ups on-line. They claim 9.5 cents to Lagos and 14.1 cents to cellphones.

Occasionally, I call from my Vonage phone. I do not like the phone cards from stores, most of them are rip-offs around here.

Anyone with a better rate to Naija?

@oore
good stuff, thanks!

Etin:

@NBA. Manjiro, Tosjay et al

Picked up my Diamond Reach Debit card today from my DHL. The card was dropped on monday. Happy Banking.

On a lighter note. My application for an NRN UBA account sent by signed for post on the 28/12/2007 finally arrived there today - 07/03/2007

Too funny

lumidii:

NSL is not only into lottery business, i can confirm that they do E-payments, E-funds transfer, card payments, automated mobile phone credit top-ups etc. Their machines are engineered to do all of this and much more. The NSL MD(Dr Kola-Daisi) addressed Brokers on the NSE floor a couple of months back, and was also interviewed on "The Money Show". They were on the verge of sealing a deal with some neighbouring countries along the West coast of Africa at the time. Its not too dissimilar to the Chams line of business. A roll-out will commence before the end of the year!

@lumidii
Thanks for this input.

invisible!:

@NBA, your mention of drive through ATM, I heard a friend say its already in Nigeria, but I don't know where. We are coming up, so would you choose NSL over NCR?

I don't know myslef, trying to find out more too. I hope someone here can help with more information.

@Invisible
I like your analysis and I am thinking the same. The growth potential is HUGE. If Soludu succeeds with the currency thing then these machines will work even better as they won't need to hold as much physical notes and people can withdrwaw more. Them fit even reach the yankee drive through model  
Plus I also think they will make good money from the lottery itself, na cash business.

wanaj0:

Many people are becoming silent readers as there is no price to pay for only reading!!

Sad  

@Wanaj0, Pumping, Wendy,

What do you guys know about NSLTech management? Can they deliver? I appreciate your responses.

http://www.stockmarketnigeria.com/2008/02/04/national-sports-lottery-deploys-20000-e-payment-machines/
Dr. Kola Daisi, the Chief Executive while addressing financial correspondents, stated that the company projects a profit after tax of N3.03billion and N7.27billion and N9.1billion within the next three years respectively, promising a reward of up to 60 per cent of profit after tax as dividend pay out. While adding that more than 70 percent cash was still outside of the banking system in Nigeria, he raised hopes on the possibility of the installations absorbing up to 40 per cent of cash- dependent transactions. He pointed out that Nigeria has less than 2,000 terminals, and that this initiative would see installations made in filling stations, supermarkets, hotels, shops, restaurants etc.

deleted double post

@Naijadr and @Aktopgun!

Very well said, on this yeye tension. I am baffled by the missplaced aggression. I just don't get it.

My sista, I really hope the yankee folks come forward, there is so much to learn. BTW, great job with the bid positions, it has been busy for me and this week won't be any better.

@Aktopgunner!!!

nottin, I just dey hail you

@Oshkosh and co discussing moving back to naija, abeg keep the gist alive, it has been on my mind too.

X-2-X:

Hello folks.

Can anyone here shed light on Mutual fund opportunities back @ home? Information (from your own perspective) regarding IBTC, ARM etc will be appreciated.

Cheers!

Here is a previous post with 2007 performance numbers.

https://www.nairaland.com/nigeria/topic-79353.288.html#msg1848898

tosjay:

@Etin, NBA & other Diamond Reach Account Holders

I received my Diamond Reach debit card today via DHL.
Have u guys received yours as well?

Cheers

@tosjay

I also got mine yesterday.

Daily Stock Position attached:

Dunno if it has been posted already as I am about 5 pages behind. This thread is on steroids!

Email to NRN Account Holders -

Dear valued customers,

UBA wishes to offer you our Master Card, an internationally accepted card denominated in US dollars that can be used instead of cash for On-line transactions, POS and ATM withdrawals. The card is accepted as a means of payment for goods and services in over 210 countries, more than 30 million merchant outlets and over 900,000 ATMs.

Kindly indicate your interest by completing the above attached form, scan and forward back to us.

Please disregard this mail if you are already a UBA Master Card holder!!

For more enquires, kindly contact the e-mail addresses below.

Daily Stock position attached:

I think it will take some luck to get OandO today!

Proshare News and Analysis
The Stock Market - 250208
Posted Tuesday, February 26, 2008

The NSE-All Share Index closed on an upswing, with a 60 basis points appreciation.

After several days of hold-back, investors and speculators finally unleashed the withheld shares of AIICO. At first, bids continued to surface to mop up intermittent offers, but towards the end of the trading sessions, large quantum of offers overwhelmed the available bids, to see the stock close with a modest 1.9% appreciation.

STACO enjoyed a rally, trading at maximum price for a substantial part of the session, as it bagged a 4.9% gain. Most of the other insurance stocks maintained a stable trading pattern.

Reaction to the corporate action announced by Oando was instantaneous, with bids going over the 7 million mark and as expected offers also dried up.

Chevron was also on bid throughout the session. Riding on the back of Oando's announcement, other stocks in the sector such as Mobil, Total, Conoil and Eternal oil booked maximum price appreciations and closed with unsatisfied demand.

Marginal losses were recorded across the banking sector; a reflection of investor’s attitude towards the banking sector, as the market looks towards small cap stocks in the short term.  

However, Bank PHB and Unity Bank recorded modest gains of 2.9% and 2.6% respectively.

Livestock Feeds enjoyed a 5% price hike for most part of the session until supplies brought down the price by mid session; however, unrelenting bids ensured it still booked the daily maximum price.

ABC Transport, May & Baker, DN Meyer still remain unavailable as speculators hold on in hope of further appreciation with the lingering bull-run. Renewed entries mopped up available offers for C&I leasing, finishing with a 4.8% rise, a trend that could prevail in coming sessions.

@Etin,

Good!

Skiing is a lot of fun, snowboarding looks fun too but I no get that liver, not yet anyway. I think if I could do it most can as I am scared of heights! Yup, starting early is key, it is amazing to watch some of the kids move with ease and so much grace.

Etin:

@NBA

Hope you are having a nice weekend with the Family. How is the election craze how its not being too much of a distraction. I wanted to know if you are still impressed with Vetiva services? does everything you said in your first post still ring true? speed of execution etc? Please pardon me if you have recently answered this question I just can't seem to locate it. Thanks

@Etin

The weekend was nice, just got back from skiing _{yes O, naija man dey enjoy skiing}  , thanks for asking. Hope your weekend was nice too. Election craze? I am a political news junkie so it has been a fun period.

Vetiva has been consistently good overall and I still recommend them. Not sure which particular post you are referringto but I will be glad to answer any questions.

I spoke with them recently about people trying to open accounts and they say they have to be selective as they cannot effectively service all their accounts if they honoured every new account request. They have some mutual funds which according to them have been doing well and they would be promoting those.

Bank PHB introduces new international money transfer product
Posted Sunday, February 24, 2008

Bank PHB one of the nation’s fastest growing banks has introduced a new international money transfer product called PHB Easy Remit.

The product introduced for Nigerians abroad is a complete online payment application that enables Nigerians in the United Kingdom (UK), United States of America (USA) and Canada transfer funds into designated Bank PHB accounts from their credit/debit cards and bank accounts.

Olu Akanmu, Divisional Director, Retail Banking of the bank, while highlighting the advantages of the PHB Easy Remit disclosed that with the product, Nigerians abroad can conveniently and securely send money home from the comfort of their homes or offices; with multiple payment options from credit cards, debit cards or bank accounts.

“Money is transferred directly into recipient’s account making it unnecessary for the recipient to physically visit the branch” Akanmu said.

Apart from this, the recipients are notified of the money transferred to their accounts electronically by SMS or e-mail. “Transferred funds can be monitored online real time to see its progress from when transferred to when received” he said.

The PHB Easy Remit also provides Nigerians receiving money from relations abroad a convenient and secure way of receiving such money; as the amount goes directly into their Bank PHB accounts.

Akanmu further disclosed that recipients can withdraw their funds through Bank PHB Automated Teller Machines (ATMs). “It eliminates the chances of impersonation” he said.

http://www.proshareng.com/myproshare/portal_news.php?id=3660

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