₦airaland Forum

How funny can life be, fayose, towards the peak of elections- insulted PMB, and tried to do a comparism, between his own 70yr old mother (omo ti ko ni respect) wearing pampers and PMB, claiming, he is not fit enough to be president, under the pretext that they are within the same age bracket- what an insult, on the personality of PMB and his children, yet el-rufai son -insults fayose, in the same manner and some people, are shouting his over fed, he does not have respect, they have forgotten that what goes around always goes around- KARMA! Nowadays it does not really take a long time for it to be served-

PETERiCHY:
Why do you think BDC people will bring out their dollar when CBN is putting more restrictions on it ? that's simply tells you that NAIRA rate is not yet right.

Well some of this scenario you painted is what will make the market to suffer and plunge below 25000 basis point.

Presently crude is failing and whenever that happens dollar gets stronger.

So the best asset for now is the GREENBACK till the coast gets clear.

It may look so but see the policy measures put up by the CBN
1. They charge you for holding above $10k in your account.
2. You can't spend above a certain amount from your card where -ever you maybe.
3. Reduced amount of dollar sold to importers except they fall within the necessary bracket.
4. Of what use is it to a BDC-trader if he can not save it - i.e hold it in bank vaults, spend it as people are monitoring what's within the system etc

Also the American economy is not smiling, against other major currencies the dollar is not doing that well- looking at the size of the economy- compared to china* the list of reasons are endless- let's leave it their- the pound would be a better place to go to and hold* and funny as it may sound - they don't give us direct raw materials that would cause capital flight from our economy, market suffer hmmm* our CRR would become lower for the economy to work and MPR would also drop - so don't think the market would be affected as much- foreign investors would actually come in*

Would the CBN devalue the naira more? I doubt it- would the government inject money to create trade - any right thing government would tow that line* which area's would they put that money into? That's what we should look out for Where is the money going to come from? Sales of crude oil - I doubt it! Taxes yes! And processed sales of petrol in nigeria- from our refineries - would it happen in the shortest possible time NO! How long 2years - what would happen to major oil marketers, clauses would be used by government to look into their activities of sabotage, so what would happen, di-vestment - I was just painting a scenario, we can never run a floating currency- because these bureau dey change people that have dollars stored in their toilet and bedrooms would make sure it clocks N1000- for their greedy interest and that would affect all industries and spending- salaries wouldn't be enough to buy a bag of pure water* so I doubt they would relinquish the peg - rather they would tighten it and force those storing dollars at home to bring it out by force- just thinking aloud*

MosakuAW:


So e pain you whella. Next time you will learn how to mind your biz and also learn to respect your elders.

Omo ti oniran.

Aja la san!

MosakuAW:
Tell that to all the elders in your home who contributed small change to send slowpoke like you to school.

Ode dindinrin

Omo ale ti won fi owo osi ju we ile baba ee!
Opono rada rada

MosakuAW:
What do you want to borrow? Your head way no correct abi.

You see now! You need to Borrow small sense!!! because, honestly speaking, you truly don't have- initially I wanted to leave you* till I realised you were a patient for yaba left* if another semi-educated illiterate like you- should read your post - they may think or believe you.
Not knowing, your head is just big for nothing* na only water dey der!!! Google what a command centre is? Ask questions - before you start to show, the level of your intellect* or Ignorance* or better, the level of dysfunctional*ity* of your reasoning faculty and stop dis-gracing the Nigerian educational system*

MosakuAW:
This is one of the reasons i fault PMB inauguration speech when he said MHQ should be moved to Maiduguri and all Military check point also stopped.

The MHQ now is Borno state and BH has now change their tactics and move to other state like Jos, Kaduna e.t.c now who is more clueless between FG and BH.

Moving MHQ to Borno has not solve anything at all. I wish PMB can just develop new ideas rather than this nonsense.

Am really tired of seeing graphic pictures here and there on Nairaland, Tv and Newspapers. We have more episodes of horror film in BH activities that can be compile into 20 movie CDs

It is well Nigerians.

Broz borrow if you no get* - the command centre does not mean the military headquarters a Command Centre comprises of 3 major-generals army airforce or navy as the need may arise - and equipment* either drone monitors, etc- shekena!!! they are responsible for taking decisions on the ground which is then passed to the chief of defence or army staff* for onward reporting to the commander in chief - dats all!!!! and it stops the issue of human right violations - because it is deemed more then one person looked at all the procedures before actions were taken*

So far the cctv caught him - upload it to the Internet and upload it to channelstv.i witness app- and let it be played in rotation - his picture, his face and what he did* let his family members and neighbours know, he has been terrorising his neighbourhood at night* because for him to do it in broad day light, he can do it at night

mercylicious:
Greek banks and stock market to be closed on Monday till referendum to be held on Sunday.
Plz what is happening? Do u think it will affect us in this mkt?

nope just makes the euro stronger against the naira, and those organisations with vested interested in Nigeria - that have greek connections we expect they should be sharp enough to invest in Nigeria while allowing the hoopla to go down in their country***

angrybull:
6:0 support and 6:3 resistance for Access bank
3:0 support and 3:30 k for Fcmb
2:66 support and 3:1k for transcorp
6:40 support and 7:3 k for dangsugar
8:40 support and 9:30 k for Fbnh
3:6 support and 4:00 for Honeywell
Caveat: due to volatility of stock at the moment, the support or resistance point can easily be broken.

the support is actually 8 and the resistance 9.80 its wider take it for 6months to.... just saying
thou I am hit quite bad - clients are breathing all down my neck..

Any solution house - my horn has not been working and I saw the fuse on the foot mat- please where exactly under the dash board did it drop from?

tawa89:
http://www.theopinion.ng/fulani-solidarity-and-the-betrayal-of-bola-tinubu/

Another ethnic bigot* we are trying to unify nigeria- through competence and you are sing a tinubu loss of the national assembly seat to saraki* Brazil and Germany no dey loose match? L-u-B-B-I-S-H***

A wife we are going to be with for the next 4 years (ministers) and you want to quickly strip her naked, to sleep with her (he should announce them)- Nigerians; always laying emphasis on what is not important (speedy announcement) and forgetting what is necessary(checking and getting the most competent, hands)*

mikolo80:
Oh,did not know he was on gmb's team.was uncharacteristically quiet

Yes he is* I guess that's the reason why his has been very quiet

mikolo80:
Keyamo ? Are you typing while sleeping . How keyamo take consign for serious batiinal mataa

Believe it or not, small party politics- that saw him dropping the case against Sylvia*(as counsel to EFCC), and a few times he had been summoned to defence house to meet with President buhari* behind closed doors* in the presence of Gen., Dambazzo, believe it or not, he may just get a political calling, either ministerial- that's if he doesn't remain, part of buhari personal *legal advisory team* that work behind the scene- all presidents have theirs!!!

How many of nigeria's past leaders can do this? - thou the junctions were completely blocked but it makes a lot of sense- amongst the people, that put you their, why should you be afraid*

To much pre-empting, kai nigeria* yes we know fashola and oby and possibly keyamo - but apart from those we would have to wait and see- in a next few days!!!

drtonyo:
Sir,

Here is the full text of the statement for your viewing pleasure....

RULES AND REGULATIONS GOVERNING DEALING MEMBERS
AMENDMENTS AND ADDITIONS (VII)1
ARTICLE 100A: PRICING METHODOLOGY - PAR VALUE RULE

(1) Notwithstanding its par value, the price of every share listed on The Exchange shall
be determined by the market, save that no share shall trade below a price floor of
one Kobo per unit (N0.01).

(2) “Par value” is the nominal value of a share as stated in the Memorandum of
Association of an Issuer.

(3) “Price floor” means the amount below which the price of one unit of a share shall
not be permitted to trade, and the minimum amount which must be paid for a
share in the event of a drop in the unit price of that share.

its all symmantics, when companies are incorporated for the purpose of there IPO the "ordinary share value", is pegged at 0.50k, now that's the nominal value- and now they stated that, the shares cannot sell below their nominal value, so why should it bother you guys

The law states that if someone is suffering from cancer- even if found guilty they can not be incarcerated - everywhere, around the world, including nigeria* so they succeeded in 419ing nigerian's GEJ* kai

oatzeal:
Lucky Igbinedion, the Ex-governor of Edo state's massive Multi Billion Naira Mansion in Abuja. The 34 room housed labeled “SIGNATURE HOUSE” is situated in high class section of Abuja.

.
.

Lord have mercy on the suffering masses in this country ooooooooo




SOURCE : http://nairanaijanews..com/2015/06/see-lucky-igbinedions-multi-billion.html

Stupid blogs and lies- that house pre-ceeds lucky igbinedon - the house is owned by abacha! And his family- you should have taken the true picture of lucky's bungalow* - now I see the reason why most guys don't want to work again- to much false news is peddled and the get quick syndromes drives them mad* when they see things like this -

omolami:
The project is a laudable one since it will provide jobs for out youths who unfortunately are the one condemning the idea on social media. The contractor must be foolish such that he allowed it to be terminated. If people think is because of fear of one man ,then we equally know those whose environment is being diverstated through use of fossils. The planned green wall will soon turn to brown wall or nothing at all.

If you don't have sense buy sense- Kai, you talk about fossil fuels, when their is no money to buy the food to cook, because the economy is bad* you think nigeria has industrialised to the point where, we need to bother about emissions? And the amount of carbons or hydrocarbons in the air? How many states experience acid rain? Even countries that produce all the emissions, do they waste hard earned money on such nonsense? China? Russia? America? Please stop encouraging waste, if you have eaten, some people depend on daily monies to feed their family and a bad economy is killing some families and you are thinking of useless stoves - in fact start to trek to otuoeke Now*

Thank God O! Finally some common sense!!!

passwelle:
Sir, I am not sure we are discussing the same thing. The outstanding number of shares is what I commented on. The balance sheet has absolutely nought to do with the dilution of the outstanding shares of Skye if they eventually raise the 30bn needed through rights/issuance of new shares.

Directly it may look so, but check through their audited accounts - you would see a sub-title equity or shareholders funds, ordinary shares etc- but think about it critically and look at the possibility, of diluting and then market forces re-constructing the share price value, diluting the shares would have been a issue if the asset base would not increase- but they are also banking on the asset base increment - to maintain a certain level of value*(possibly below N4, reason they don't have to pay fantastic profits to share holders, and secondly, it allows for more working capital, just saying thou) if not the value would race for between N5-6 meaning, they would be facing operational difficulties of liquidity, when share holders come calling* as well as paying share holders- because of the supposed value they would have obtained* it's just simple management strategy to keep the value of the shares low* - just saying, I maybe wrong but!!! No matter what I foresee it travelling to N3-4 irrespect of the dilution or puriation

passwelle:
Sir, for a stock currently at sub N3, that wants to raise N30b, if they get all that from share sale, thats a little over 10b shares before charges for the issuing houses etc. OS is currently under 14b now. Not sure your comment re dilution will hold true.

you havent checked the possibly increase in their asset base from the merger - whether we like it or not it would affect their balance sheet i go with him, as against your argument..

handie:
Mr. Keyamo's view on d number of ministers, having ministers with the axe hanging over them won't be good for the polity. Why won't a minister loot funds when he knows for sure he won't last 4 years? WHY SHOULD HE LOOT, WAS HE BORN TO STEAL? And it will disrupt policies and leave d nation in a lurch. Best thing is d merging of ministries and appointing a junior and senior minister in each[color=#990000][/color]. With this, there'll be more efficiency and a cut in cost of governance

Thank you, for the space to insert, the question and the 2nd bolded submission- from you*

Dollyak:
The last thing we want is to censor medias, so I am hoping he lose the case.

Theirs what they call responsible journalism* - the case has started and must end somewhere, but I am very sure -it would not end with smiles* the allegations are too weighty and the onus falls on the defendant, Daar communications and the formal chairman, to prove these allegations against tinubu- beyond reasonable doubt because - for any of the supposed facts to come out as false would mean, all the subjects are false* and with a person who is associated with presidents, internationally be them african or other wise* his person, is more valuable then N150b

Simply put his crazy-

hansad:
Under Iwealla, Nigeria's economy surpassed South Africa's for the first time. But part of Yoruba and media it controlls says it's a lie told by Western Financial institutions to promote Iwealla.
Those Yoruba and their media promoted Buhari (Lol) candidacy to sack Iwealla. Iwealla is going but some Yoruba would not let up.

How painful - ethnic positions and statements even in the face of the obvious- prior to the yar adua administration OBJ and her claimed nigeria's debt had been cleared - true! Or false! And the world was a witness to it- development funds for 40years at zero interest amount to what exactly? Grants For which services exactly? Schools industries or looting? Can you show me the direct relation between putting figures that were already in existence, prior to this administration and the economy of this country as of today- fuel subsidies OBJ bought in mobile gsm services, which created thousands of direct and indirect jobs and till today it is still creating jobs, mobile money, data companies- the development of blog sites like nairaland the capital market under soludo became stronger, "thou universal banking made a few billionaires" -downside- infra structural development and FDI came in during the OBJ era, immediately after the debt was cancelled, before the initial crash of the capital market* - YAR Adua regime "as a result of the reversal of some of OBJ's policy, fuel etc" what exactly did the GEJ administration under the able watch of NOI do? Sure-p (temperary jobs- not pensionable) youwin (did you get it?) g-win without attaching means of helping the entrepreneurs pay back loans in such a difficult economy- they buy stoves we can manufacture in nigeri her from south Africa at $9.2b under her watch- realise $15m dollars for cover operations to buy arms from south Africa! Can not explain why $20b is still missing- while GEJ tells us America would know if it is missing and you play the ethnic card Kai

shachris02:
http://www.thisdaylive.com/articles/twist-in-petition-to-withdraw-okonjo-iwealas-yale-doctorate-shoots-up-to-4-581/210062/

The thunder that would fire a lot of these people- especially okonjo iweala is, still doing press up- credit for no just reason- the then national assembly, that said they were not paying back should be the ones -we should be thanking, they were legislating that we are not going to pay back again and if Obasanjo decided to pay, they would impeach him, he then told her to go and negotiate a debt relief- we were owing $42b then and we were just paying the interest- when she came she negotiated that we pay only $18b and clean our slate- now we are owing close to $60b and people stole N10trillion under her watch- fuel is scarce and government can't pay for supposed subsidy* subsidy figures are in excess of 3 state budgets - water is being sold to nigerian's and money is being released before projects are executed, her economics has been from answer to question* and they are talking about her supposed benefits-

Finally- the word of advice - they should go and develop their states and stop the likes of T.A orji and ifeanyi ubah from disgracing them

mercylicious:
Plz Someone shld help me interpret skyebank candle on Friday. Is DT not doji am seeing?
If yes, it seems d MKT makers are it work here. I need more inputs on d chart.

You see you have about 2 - 3 buy signals but looking closely they were spikes in both directions because of the value of the stock - the issue is amount of movement means something is trying to balance the value of the stock rather then dragging it lower then the current market price* confusing? Expect more from other stocks between now and august*

In nigeria - jamb/universities wouldn't have given him admission and where they do -they would frustrated him and his entity* this is the role model secondary school and primary school kids should be looking at, and not the ones that carry drugs to Malaysia, and they would be telling our government to go and beg for their lives!!!- in fact if they have more of them that have taken drugs to any part of the world they should execute them, and put their heads on a pike and send it back to their families for disgracing nigeria! And this young man should be given a national award* transfer of technology by using him as a pivot around which more should be trained and the knowledge bought to nigeria*