Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 9:59am |
I haven't been able to access investment one platforms (both app and online) since Wednesday. Please, is anyone else experiencing the same? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 9:09am On Oct 29 |
faoogoke: Accesscorp disinvested just this month in compliance with CBN rule. Is the rule not about holdings in foreign subsidiaries ? |
Business › Re: Executive Car Hire: APAMS, Turo Africa Partner by otomatic(m): 8:34pm On Oct 08 |
High Chief Dr Sir...
Before you even mention the person real name, listeners don tire. Then you go come still add appellations in the vernacular.
Na wa. |
Career › Re: Female Police Recruit Cries During Firearm Training (Photos, Video) by otomatic(m): 6:50pm On Oct 08 |
I don laugh tire, abeg. Wetin be this? |
Crime › Re: Yobe Police Arrest 9-Year-Old Boy For Killing His 2 Stepmothers & 2 Brothers by otomatic(m): 8:36am On Oct 08 |
uglodoh: This is very terrible. The kind of children that are raised nowadays are something else. We parents need to more on discipline. What could have gotten into the head of this boy for him to harbour anger till the next day and perpetrate this kind of act? I read the father disciplined him before he did this |
Nairaland General › Re: F/Lt Damilola Adekunle Father Died In Dornier-228 Crash, Husband In NAF-931 by otomatic(m): 4:42pm On Oct 07 |
flexyrule: Yeah. It's 666...
It's mere coincidence man.
Take a chill pill. Who told you I wasn't chill? |
Events › Re: Lucky Adimike Posthumous Birthday: Family, Associates Remember Philanthropist by otomatic(m): 10:29pm On Oct 06 |
I hope they did DNA test on that so-called "son"? |
Nairaland General › Re: F/Lt Damilola Adekunle Father Died In Dornier-228 Crash, Husband In NAF-931 by otomatic(m): 9:25pm On Oct 06 |
2006, 2026, 16 days... Something about 6
May she find strength |
Investment › Re: Us Stocks Pick Alert by otomatic(m): 6:22pm On Oct 05 |
tjones007: check your mail, you must have been notified about closure on Invest account for Nigerian resident and after some grace period your position are automatically closed.
Right now you are on withdrawal only mode.
You are not alone. I've already withdrew all my cash too. Thanks for your response. I missed the mail but have now seen it. You were quite helpful. |
Investment › Re: Us Stocks Pick Alert by otomatic(m): 3:05pm On Sep 30 |
I just received notifications from Trading212 that all my shares have been sold. In fact my portfolio has been liquidated and the money is sitting in my wallet now. I did not initiate any of the transactions. Has anyone else experienced this? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 9:21pm On Sep 15 |
emmanuelewumi: Una go learn new things After seeing all these testimonies, I'm thinking it might be better to trade than hold stocks long term. Or at the least be rebalancing to try and grow the capital. |
Health › Re: Nigerian Doctor Struck Off UK Medical Register Over False NHS Applications by otomatic(m): 7:53pm On Sep 12 |
Abia State University, una see una product? |
Car Talk › Re: Renewing A Vehicle Licence After Many Years Of Expiration by otomatic(m): 9:23pm On Sep 11 |
You will not pay for any past years. |
Health › Re: She Can't Cry Or Smile: British Billionaire Allegedly Spends $90,789 On Costmeti by otomatic(m): 6:42pm On Sep 10 |
Frogs do not laugh, smile or cry. So she succeeded. I don't understand what the problem is now. |
Business › Re: See How Many Bags Of Cement ₦1 Million Can Buy In 2026, 2022 And 2014 by otomatic(m): 10:17pm On Sep 03 |
That's the real "Change" |
Politics › Re: We Want A Governor That Will Abolish Yoruba Tradition - Muslim Group (Video) by otomatic(m): 12:40pm On Aug 19 |
There is freedom of religion. Abolishing those practices would be unconstitutional. |
Education › Re: Prof. Eno Ukpon: The First Person To Gain Admission Into University Of Calabar by otomatic(m): 9:05am On Aug 17*. Modified: 10:39am On Aug 17 |
I was expecting to get some sort of profile. What year was she admitted? Into what course? Did she become a Professor in the same school and if so in which department? So many things to talk about. Not just a picture. |
Phones › Re: MTN @ 25 ..is 25Gb free data a bluff? by otomatic(m): 8:38am On Aug 09 |
I got it and even helped some people to get it from their shop website.
The only surprise for me was that with all the videos and updates I did, usage was not even up to 4GB.
If I was using my normal data with the things I did yesterday, I'm sure I would have cleared more than 10GB. |
Jokes Etc › Re: Lady Beats Her Husband In Elele, Rivers (Skit) by otomatic(m): 12:06pm On Jul 30 |
Fake news. This is AdaNsukka. She is a content creator. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:37am On Jul 26 |
Streetinvestor2: You are right. I called a friend in Kebbi who said is new product smuggled from Niger Republic to Nigeria...Mango cement Na wa o. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:01pm On Jul 25 |
Raider76: There's already one cement brand called "Mango" coming in from Niger Republic in the far North markets. I don't know if it is being legally imported or smuggled in. But for some reason it is being sold at the same price as the local cement brands. Given the greed of our businessmen the imported cement may not be cheaper than the local one. Is this different from mangal cement that is made in Kogi? |
Career › Re: Will The NBA Be Bold To Elect Its First Female President? - Eleojo Maxwell by otomatic(m): 7:52am On Jul 17 |
So una wan use gender guilt tripping to win the election abi. Which one is "bold to elect it's first female..." May the most capable candidate win, male or female. Women should learn to compete without bringing in sentiments and emotional blackmail. |
Politics › Re: They Portrayed The Girls As Runs Girls, I Was On The Plane With Them - Umahi by otomatic(m): 7:37am On Jul 17 |
So if they are on the plane with you, then they are not runs girls? And why laugh when they call her a physiotherapist? Isn't that what your people told the nation? That she is a physiotherapist seconded to your HOME? Or is it because the association of physiotherapists have disclaimed the deceased, you people are looking to alter the narrative? |
Education › Re: Ambassador School Ota Sent 16 Students To Italy For International STEM Olympiad by otomatic(m): 1:34pm On Jul 07 |
Who foot the bills? The school or the parents? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 9:14am On Jul 01 |
Meerahbel: This is a valid concern, but I don't think T+1 is necessarily the problem.
Faster settlement is the direction every serious capital market is moving toward because it reduces counterparty risk, improves market efficiency, and lowers settlement failures. Nigeria cannot postpone modernization indefinitely simply because other parts of the financial system are still developing.
The real issue isn't T+1—it's the FX market. If investors struggle to access naira on demand, they would face that challenge under T+2 as well. T+1 simply exposes a weakness that has existed for years.
In fact, introducing T+1 could pressure regulators and market participants to improve FX liquidity, settlement infrastructure, and funding mechanisms faster. Waiting until everything is perfect before modernizing may only delay reforms.
Also, FTSE Russell placing Nigeria's reclassification on hold doesn't automatically mean T+1 is a mistake. Their review considers overall market accessibility, including FX availability, capital mobility, and operational efficiency. T+1 is just one part of a much larger picture.
The better solution isn't to abandon T+1. It's to strengthen the FX market, improve intraday liquidity, expand securities lending and financing, and ensure foreign investors can access naira efficiently. Once those pieces improve, T+1 becomes a competitive advantage rather than a disadvantage.
So the debate shouldn't be "T+1 or T+2." It should be how quickly Nigeria can build the supporting infrastructure that allows T+1 to work as intended. A very interesting and mentally stimulating perspective |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 7:14am On Jul 01 |
isaacosas01: People keep asking “how can faster settlement be bad?” Let me explain.
When a foreign fund wants to buy NGX stocks, they don’t have naira sitting somewhere. They wire dollars, their custodian converts to naira through CBN FX window, THEN they buy shares.
Under T+2, they had 2 days to sort that FX conversion. Manageable.
Under T+1, they have to fund the trade same day. Our FX market cannot deliver large naira amounts same-day consistently. So what happens? They have to convert dollars to naira BEFORE any trade is even placed and just leave it sitting there on standby.
That is called prefunding. And that is the problem.
Why would any serious fund hold naira? Every day you sit in naira waiting to deploy, you are bleeding in dollar terms. Before you buy a single share, you are already losing.
FTSE Russell issued a notice yesterday because of this putting Nigeria’s Frontier Market reclassification on HOLD. We were supposed to get that status in September 2026, which would have triggered automatic buying from global index funds. That money is now on hold.
We copied T+1 from USA and India without copying the part that makes it work for them — a deep FX market where you can source local currency instantly.
We put the cart before the horse. We need to fix the naira liquidity problem first. I've learnt a lot from this explanation. If they have deep-pocket brokers, can't the brokers give them some form of bridge financing pending the conversion of fx? They can even do it at minimal or no charge depending on the volume of transactions. How come the regulators did not even consider this? |
Romance › Re: Drama As Lady Moves Luggage To Boyfriend’s House Without His Consent by otomatic(m): 10:56pm On Jun 29*. Modified: 9:39am On Jun 30 |
Guyman02: She no get sense, ladies move gradually, they start by "forgetting" toothbrush today, tomorrow they forget pant, next tomorrow they cook in their house and bring in a big bowl which they will leave behind, then she will bring 2 clothes and dress up to go to work or her business from your house, then gas will finish and she will go to her house and bring her cylinder which she will not take back again to her house, then she spends 2 days in his house every weekend with a few of her clothes which she will be increasing every other weekend as he starts getting used to her presence, then neighbours will start referring to her as his "wife' if any member of his family visits him she will use the pots and bowl she brought from her house to serve them very well as live-in lover while still maintaining her own house, before you know she don get belle and she will inform his relative that visited that his/her brother is asking her to commit abortion, that one will notify his parents and tell the parents that she is a good girl who hosted him/her very well, the parents will pass a 'Fatwa' that nobody aborts their grandchild and starts making preparations to see her family to solemnise the union, na so I take marry without knowing when I got into it. I didn't know she had her plans worked out as she was madly in love with me, while I thought I was a smart bachelor enjoying fresh Kpékus with a beautiful girl, we have been married for years now and still waxing strong, she is a great woman and an achiever in her field. Na experience you take talk this thing. I don laff tire for that "fatwa", but na so dem de do am. This girl here no sabi the format. |
Education › Re: As A Teacher, How Would You Rate This Student? by otomatic(m): 8:18am On Jun 28*. Modified: 2:06pm On Jun 28 |
Full marks if properly labelled. Who said a skeleton should stand straight? Education that teaches us to only stop at what was taught is nonsense. The child is a genius, thinking beyond what was taught and using his imagination correctly. Which one is "draw again"? That is how creativity is killed. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 10:46am On Jun 26 |
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Car Talk › Re: FRSC Wives Storm Kuto Park, Warn Drivers Against Speeding, Drunk Driving by otomatic(m): 12:52pm On Jun 25 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 2:17pm On Jun 23 |
Valthegreat: AI advised me to pay into this UBA account number for my Dangote Sugar right issue, please is this right as the information is not available on the subscription form. Has anyone paid through this UBA account number so far? Why not use NGX invest https://www.invest.ngxgroup.com/ |
Car Talk › Re: FRSC Wives Storm Kuto Park, Warn Drivers Against Speeding, Drunk Driving by otomatic(m): 8:52am On Jun 22 |
All these " employee wives association" women no get jobs or careers of their own? |