₦airaland Forum

jonnysessy:
Hmmmmmm. Something is fishy here. You sure say this result go good ? This excuse upon excuse is getting too much. On or before 19th June is crazy.

HesInMe:
See the bolded. This is like saying a person's success was beyond his ritual killing. After all, he was also very strategic.

HesInMe:
Let's not make it personal. But there's so much wrong with this statement. First, you shouldn't be trading at all on insider information. It's actually illegal to do so, and it's the reason insiders are subject to closed periods. Second, you can be smart and still do insider dealing. Doesn't make it legit.

HesInMe:
Lol. If you had inside info, your moves would also be "strategic."

Mfunkynation:
Damn!
No only be whisper, you KNEW it already
I am suspecting you!

Streetinvestor2:
This begs for explanation from cbn.It is even more funny when access took over intercontinental. The bank was worth more in assets than access bank

mikeapollo:
There would have to be an approval at AGM before such decision could be taken. Unity Bank shareholders are currently the majority in number and would not agree to such.
In the absence of such approval, the bank cannot go private, especially when they are merging with a public-listed entity like Unity Bank.
And it has been officially reported severally that Providus bank is preparing to list on NGX.

PropTrader:
I doubt Unity Bank is going to be relisted. It's likely going to be a cash for share transaction regardless of the term used e. g. Merger, Acquisition etc. If you know the major owner of Providus, he appear averse to stock exchange quotation. He is even trying to take the Insurance company he is a major stakeholder in, private.

wiki15:
CBN exists all national banks be public to aid transparency

Bizibi:
bank private

megawealth01:
E be like na UNITY BANK I go leave as inheritance 😜

freeman67:
Yes. The lead arranger is Codros Advisory Services while the joint arrangers are; Cardinalstone Partners, FSDH Capital, Greenwich Merchant Bank and Aiico Capital.

You can contact any of them for it.

freeman67:
Instead of Afrinvest, just contact Coronation Merchant Bank, FBNquest Merchant Bank or Cardinalstone for it. You will be better for it.

ernie4life:
I heard Citi bank CP is in the market

stokfrick:
After the price has moved like 50percent then, they release results and start dumping on gullible investors.
Same thing they do with sensitive info like rights issue

zendi:
I do not see any market rule they're breaking in the process of getting rich quick there.

And let me not see you and Agba there tommorow morning when I come to check out what is going on.

donshady:
Hello, How do I get alerts on the next commercial paper auction from Stanbic Ibtc ?

IamR:
I think both liquid and non-liquid (fixed) assets are generally considered when calculating net worth. Maybe it has changed.

emmanuelewumi:
SEC might need to review their definition of a High Networth Investor to about N500 million, from N100 million


Note, SEC does not recognize the value of your car,house, furniture and other personal belongings.

ositadima1:
It’s actually ironic that the same devaluation has made that 1% estimate inaccurate. ₦200 million in cash may be rare, but if we’re talking about net worth, then I believe it exceeds that 1% threshold for more people than assumed.

By net worth, I mean the total value of assets — including land, vehicles, buildings (all valued according to current market realities), and then cash.

Let me give a simple example: in my village — I don’t know about yours — a plot of land goes for no less than ₦10 million. In urban areas, it’s likely much higher. The cost of an average building now starts from around ₦40 to ₦50 million — and that’s without factoring in many other details. Do you know the current price of a standard iron door?

An SUV now costs about ₦12 to ₦15 million for a relatively affordable one. Some people own two cars, a house in the village, and another in town.

My point is: ₦200 million sounds like a huge amount, but in today’s reality, it really isn’t. For someone just starting out and aiming to acquire these basic assets, you could easily spend close to that figure.

That said, I do agree — pulling out that amount in cash is still extremely difficult, and only a few people can manage it.

Locotrader:
I opened TrippleG result this morning and ran away but see it on full bid today.
One of the junk stocks.Hmmm

Ellah that will be on steroid from next week.
250B na your mate?

unite4real:
Even transcorp and UACN that declared 60 kobo and 22 kobo respectively have not dropped to N15 from their respective highs of around N44 and N35 respectively.

GTCO that declared N7 couldn't close significantly on qualifications date from the price when it was announced.

Then you have other companies without dividend and price remained where they are with some even appreciating in price.

This stocks market na the more you look the less you see.

ernie4life:
For now this is the only information I have on the proposed MTN Commercial paper Issuance.

emmanuelewumi:
Until we start playing the stock market with patient funds or we have predictable multi streams of income, it will be difficult to enjoy the wealth creating potentials of the stock market

emmanuelewumi:
Until we start playing the stock market with patient funds or we have predictable multi streams of income, it will be difficult to enjoy the wealth creating potentials of the stock market