NCO123's Posts
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I wish all the newly employed staff success |
Posting is out. |
Newly employed staff let us meet here |
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uspry1:Thanks |
By Leadership news Federal Govt, States, LGAs Share N990bn In January The Federation Account Allocation Committee (FAAC), at its meeting yesterday, approved the sharing of N990.189 billion to the three tiers of government, as revenue from the month of December 2022. |
It is well |
GamaG:From level 8 and above got addition of ten thousand naira. Just add ten thousand naira to you current pay. |
Please friends, is there university in Oslo, Norway, or any other part of Norway that offer Master degree in Library and information science, or master degree in International relation under political science? am interested in carrying on my master degree study in Norway, in either the field of Library and information science or in the field of political science, since I graduated with double honour awarded degree in the both field, with CGPA of 3.36. Also, must one pay 5 million before getting their visa? |
https://thenigerialawyer.com/n3-1bn-subsidy-fraud-how-eterna-oil-md-others-forged-30-documents-to-defraud-fg-witness N3.1bn Subsidy Fraud: How Eterna Oil MD, others forged 30 documents to defraud FG- WitnessByUnini Chioma-Nov 27, 20170Arisekola's son trial on subsidy[Photo Credit:Whats up IbadanShareTweetA prosecution witness, Abdul-rasheed Bawa, has told Justice Hakeem Oshodi of the Lagos State High Court in Ikeja, Lagos, how Mahmud Tukur, Abdullahi Alao and Ochonoghor Alex and their companies, Eterna Plc and Axenergy defrauded the Federal Government of the sum of N3,121,393,098.The witness, an investigator with the Economic and Financial Crimes Commission (EFCC), in his testimony, told court how the accused had forged over 30 documents and submitted same to the Petroleum Products Pricing Regulatory Agency, PPPRA, to fraudulently obtain the subsidy for importation of PMS in 2011.Led in evidence by the prosecution counsel, the witness said: “The owner of the vessel, MT Deepwater EX MT Valle Di Castiglia, and the claimed tank farm of discharge, First Deep Water Discovery Limited, denied the usage of their vessel for the transaction and, also confirmed forgery of documents submitted by Eternal to PPPRA.“The EFCC had access to Lloyds List Intelligence and search conducted for themovement of MT Valle Di Castiglia revealed that the vessel was at the Republic of Turkey all through the period that Eternal claimed to have taken PMS from it with MT Deepwater. So, how can a vessel that was in Turkey give products to another vessel in offshore Cotonou?”Giving further evidence on MT Fulmar, Ex MT Emirates Star and MT Panther EX MT Emirates Star, the witness said the modus operandi employed by the defendants to defraud the government was alteration of bills of lading dates resulting in higher costs of importation.He said: “The claimed MT Emirates has a bill of lading dated 28 April, 2011, which gave Eternal a loading cost of about N151.“However, investigation revealed that the actual mother vessel for the transaction is MT GonHild Kirk, which had a bill of lading date of April 3, 2011, with landing cost of about N141.“The government, acting on forged importation documents indicating MT Emirates Star, paid Eternal about N3.3bn instead of N2.9bn. Thus Eternal was overpaid about N300, 000,000.”He added that search on LLyods Intelligence on Emirates Star indicated that the vessel sailed out of Doven Strait, United Kingdom and arrived New York, USA within the period that the Eternal documents claimed that the vessel was discharging its products into MT Fuliman and MT Panthern.The defendants had previously been arraigned before Justice Lawal Akapo on December 10, 2015 for allegedly diverting the money obtained from the FederalGovernment for the purpose of importing Premium Motor Spirit, PMS.Counsels to the accused had subsequently filed a joint application seeking to quash the charge preferred against their clients by the Commission.They argued that the State High Court lacked jurisdiction to entertain the matter on the grounds that the allegations against them were oil and gas related, which could only be heard by a Federal High Court.The accused, through their counsel, had also argued that the prosecution could not establish a prima facie case against them.Ruling, Justice Oshodi dismissed the application and upheld the argument of the prosecution.The judge also held that the prosecution had successfully established a prima facie case against the accused persons and described the application as “premature”.The defence, again, argued that the prosecution did not have the fiat of the Attorney General of the Federation, AGF, and Minister of Justice, Abubakar Malami, SAN, to prosecute the case.Responding, the prosecution counsel, Rotimi Jacobs, SAN, however, submittedthat he did not have to show the defence if he had the fiat of the AGF to prosecute them.Jacobs further submitted that he could only show his client, the EFCC and the court the fiat rather than the defence counsel.Justice Oshodi upheld the argument of the prosecution counsel, thereby setting the stage for the prosecution witness, Bawa, to give his evidence against the accused.The accused, among others, claimed that they had imported and discharged PMS sometime in September, 2011 at a tank farm in Lagos, First Deep Water Discovery Limited, for which they were paid the sum of N626m subsidy.Also, the accused was said to have received the sum of N595m from the government after claiming to have imported and discharged PMS at the same tank farm in Lagos sometime in October, 2011.Meanwhile, the case has been adjourned to February 26, 2018 for continuation of trial. court case comes up on 28th February, 8 more days for the court case, this might soon affect their price. |
Zhirinovsky:I successfully login with Morgan I trade, but I can only view session, their bid/offer, including their current transaction movement column are not responding. Then I login to CSL real time, their session is still showing market close still with last week stock closing price. I think, the problem is from NSE. |
BullBearMkt:what of September 2002 - 2016 We need to know on time, because the one posted will not be useful this year again until next year, is like one to see important information after the exam. Pls I need the information now before the exam. |
NCO123:No wonder, those in forex business are running away, business close. Our friends are coming back gradually from forex mkt, naira will soon appreciate to #280 per a dollar. Stock price will soon go back to fair value. If you have not taking position, please bring back your money to NSEM buy any good stock and go for at least one year term, you will get back at least 50/200% of your investment. You are welcome back, remember to suspend jijo ideology to avoid jumping out and ended up pushing the same vehicle with I beg to enter back at higher price. Now, is no longer we are making money this year, but we have made the money and still making more. "Make more" Therefore " we are making more money this year". |
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https://www.thisdaylive.com/index.php/2017/06/03/dollar-glut-hits-forex-market-as-naira-strengthens-to-n363/?_e_pi_=7%2CPAGE_ID10%2C3126493451 Dollar Glut Hits Forex Market as Naira Strengthens to N363/$June 3, 201712281By Obinna ChimaThe impact of the sustained dollar supply by the Central Bank of Nigeria (CBN) has continued to have positive effect on the foreign exchange (forex) market as the sell side of the Naira exchange rate against the Dollar appreciated significantly by N12, to close atN363/$ on the parallel market yesterday, as against the N375/$ it was the previous day.Also, the buy rate of the greenback closed at N369 to the dollar yesterday, stronger than the N382 to the dollar it was previously.The latest gain recorded on theforex market shows a gradual move towards rate convergence in the forex market, which is the target of the apex bank.The CBN has injected about $5 billion into the forex market since February, in a bid to ensure stability in the forex market.This week, it injected $482.6 million into the market. This, the bank had said underlined its determination to guard the value of the naira. A breakdownof the intervention this week had indicated that the retail Secondary Market Intervention Sales (SMIS) was allocated the sum of $285,779,350, while$100 million was offered in the Wholesale SMIS auction window. In addition, the Small, Medium and Enterprises (SMEs) window got an allocation of $52 million, while the invisibles segment, comprising Basic Travel Allowance (BTA), Personal Travel Allowance, medicals and tuition fees, among others,was allocated the sum of $45 million.CBN Governor, Mr. Godwin Emefiele had last week recalledthat about three months ago, the local currency was trading at above N500 to the dollar on the parallel market, but has appreciated to between N370 and N375/$. |
ihedioramma:someone is offloading and someone is loading. The same happened the day some loaded @3.60, a lot of offload happened that day, but the next day it was on full bid and within two days it was sold @#4.60. Even if it go down to #3.90 it must surely go up above #6. |
Chibuking81:That should be Dangote flour. |
locodemy:I love that brother |
some companies result
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soloniger:2016 earning EPS
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yinka2011:Dangote flour is a stock to watch, it will perform greatly this year. It finishes 2016 final with 212k, and has started 2017 with wonderful result with q1 EPS of 53k and will likely closes this year final with above 200k EPS. when compared with UAC Q1 EPS which is 29K, Dangote flour stand tall. |
Coolcash1:The two Dangote group performed well in their 2016 final result. Dangote flour has 2016 EPS of 212k and Dangote sugar has 120k
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Intendy:This page is not going through again, please is there any other link to open the page? |
Chibuking81:lovely |
locodemy:ok thanks |
please house, these three coy which two of them are good for medium term? 1. FBNH 2. Oando 3. Eterna oil again please any dividend expectation this month from Eterna oil since their end of the finacial year is September? please I need an urgent answer because I want to buy now. |
On occasional bases people goes to sleep after their purchase as a thousandnaire and wake up as a millionaire, while many after their purchase as a millionaire, wake up as a thousandnaire . Always be awake and monitor your portfolio to know when to take your profit and when to cut your loss. |
Mopolchi:NSEM is fill-up with surprises. |
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