₦airaland Forum

The Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 (Two Hundred and Sixteen Million, Four Hundred and Two Thousand, Five Hundred Sixty Naira, Five Kobo) only from Swiss Golden Investment, an online investment that purportedly deals in buying and selling of Gold Bars.

The recovery was sequel to a petition the Commission received from thousands of complainants who alleged that they invested in Swiss Golden Investment which was advertised as an online investment that deals with buying and selling of Gold Bars.

The petitioner further alleged that after investing over a billion naira into the business, the company refused to pay them any dividend or pay them back their capital. Upon receipt of the petition, the Commission invited the petitioners and they volunteered statements.

Through intelligence, the Commission picked up one Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos.

The trio were subsequently conveyed to the Kano operational zone of the EFCC for further investigation. Swiss Golden which is headquartered in Hong Kong was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.

https://www.nationalhelm.co/2018/04/efcc-recovers-n216m-from-swiss-golden.html

The Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 (Two Hundred and Sixteen Million, Four Hundred and Two Thousand, Five Hundred Sixty Naira, Five Kobo) only from Swiss Golden Investment, an online investment that purportedly deals in buying and selling of Gold Bars.

The recovery was sequel to a petition the Commission received from thousands of complainants who alleged that they invested in Swiss Golden Investment which was advertised as an online investment that deals with buying and selling of Gold Bars.

The petitioner further alleged that after investing over a billion naira into the business, the company refused to pay them any dividend or pay them back their capital. Upon receipt of the petition, the Commission invited the petitioners and they volunteered statements.

Through intelligence, the Commission picked up one Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos.

The trio were subsequently conveyed to the Kano operational zone of the EFCC for further investigation. Swiss Golden which is headquartered in Hong Kong was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.

https://www.nationalhelm.co/2018/04/efcc-recovers-n216m-from-swiss-golden.html

NDIC, which is the Nigeria Deposit Insurance Corporation has just placed an explicit warning to Nigerians to steer off the popular and the fast rising bitcoin trading and its relations as it is not yet authorized in the country by the Central Bank of Nigeria and isn’t backed up by any law in the Nigeria’s constitution.

https://techsphere.com.ng/ndic-digital-currency-is-not-legal-in-nigeria/

NDIC, which is the Nigeria Deposit Insurance Corporation has just placed an explicit warning to Nigerians to steer off the popular and the fast rising bitcoin trading and its relations as it is not yet authorized in the country by the Central Bank of Nigeria and isn’t backed up by any law in the Nigeria’s constitution.

https://techsphere.com.ng/ndic-digital-currency-is-not-legal-in-nigeria/

RealityShot:
10% per year is too small Naa!
But they loss 100% in 7days!

Greedy Nigerians.


Grand pa Feelamong: come defend this one

Don't mind that confused fella that left a slow and steady Treasury bill business and started chasing winds at old age in the name of digital currency

currentprice:
DF on full offer

Aside Alhaji carry money do society wedding. Dangflour is still overvalued a stock that sold 80kobo 2yrs ago.

Well Bargain Hunters are patiently waiting at subN7.

*ThE OcToPuS*

currentprice:
chai! loco don suffer, hope you will not get out of this bus before the stock move

He whom the gods want to kill, they first make mad!-West Africa proverb

PETERiCHY:
BARGAIN HUNTERS should book their flight between now and friday. The boarding pass will soon get closed.

"2018 is The GAME"

*ThE OcToPuS*

Oil prices hit new 2018 highs despite government data showing U.S. crude stockpiles rose unexpectedly, as the market continued to get support from concerns about escalating conflict between the United States and Russia in Syria.

Futures surpassed their previous 2018 highs following reports of possible rocket attacks on Riyadh, the capital of Saudi Arabia, the world's biggest oil exporter.

Brent crude prices were at $72.61 a barrel, up $1.57, or 2.2 percent from Tuesday's closing price, the highest level since Dec. 2, 2014, when it hit $73.03.

https://www.cnbc.com/2018/04/11/brent-jumps-to-more-than-3-year-high-after-trump-warns-russia-on-syria.html?__source=newsletter|breakingnews

NSE historians should know that OANDO and TRANSCORP moves in Pari-passu.

So if you missed the ball better DONT miss the leg.

*ThE OcToPuS*

Last year we admonished LOCO to appease the gods and do away with pride but he refused.

LOCO rightnow

The Chief Executive Officer, MTN Group, Rob Shuter has said that the telecommunications firm expects the listing of its Nigerian unit on the Nigerian Stock Exchange (NSE) to be done by the end of 2018.

Shuter, according to Reuters, said “we are progressing very well with the Nigerian listing and if market conditions are appropriate, we will conclude that by the end of the year. He declined to provide more details on the process.

MTN agreed to the NSE initial public offering (IPO) as part of the settlement of a $1 billion fine imposed by local regulators in 2015. Africa’s biggest wireless operator by sales incurred the penalty after missing a deadline to disconnect unregistered subscribers amid a security crackdown in the West African country.

Nigeria is the largest of the company’s 22 markets across Africa and the Middle East. The South African telecommunications giant controls 36.4 per cent of the market and by so doing servicing 53.4 million users in the country.
MTN is planning to raise at least $500 million from the sale of shares, people familiar with the preparations for the listing said. The company could dispose of as much as 30 per cent of its Lagos-based unit, the people, who asked not to be identified as the details aren’t public, said in February.

http://www.akelicious.net/2018/04/mtn-nigeria-hinges-500m-ipo-on-improved.html?m=1


Telecommunications company, MTN Group, and Pan-African banking conglomerate, Ecobank, have come together to provide mobile financial services across the various African countries where they currently operate.

While signing a Memorandum of Understanding to seal the partnership in Lagos on Tuesday, the companies said they would work together to deliver a distinct customer experience by allowing access to affordable financial services via MTN Mobile Money and Ecobank banking services.


http://punchng.com/ecobank-mtn-in-joint-cross-border-mobile-financial-services/

currentprice:
Up Liverpool

We don't walk alone

BARGAIN HUNTERS should book their flight between now and friday. They will soon close boarding gate.

"2018 is The GAME"

*ThE OcToPuS*

currentprice:
Lol.. peter that gave away his DF @ N4 now seriously eager to buy @ N7... anyway u will still miss it because this flour will not near your target

And you thought the fund I pulled from Dangflour 10mths ago has been dormant

PETERiCHY:
Whatelse were you expecting when Alhaji don carry money go do society Wedding .

Well bargain hunters association are patiently waiting @#7 junction.

After the abracadabra Dangote flour has resume the journey to N7.

Patience is KEY

*ThE OcToPuS*

Wonders of NSE

Pa ihedi has deleted ALL his money hunting posts now active in 9jabet thread.

3yrs ago out of my church mind i person advised him to go into restaurant business but he refused and resort to NSE gambling field

Ihedi rightnow

locodemy:
I don port since.
Only zenith and upl for now.

So no more 500% profit on Oando fixed deposit

Your village people strong oooo.

Coolcash1:
Why call out @onegentleguy for giving his unbiased opinion on a stock. I think you need to apologize to him for this unnecessary attack on his person... You must be a rookie in this business for this kind of childish post if not you should know that stocks fluctuate and do not move in a staright line. The fact that DF is falling does not mean it can't and won't rise again. Besides, it is still a stock that holds a very promising future for the patient ones and if you don't have the patience because you have invested your house rent or whatever money in it, just sell it and move on...

#straightface #Secondbasejoor

Whatelse were you expecting when Alhaji don carry money go do society Wedding .

Well bargain hunters association are patiently waiting @#7 junction.

RabbiDoracle:
This market is killing fowl.

Except Arab Money

Thanks to the almighty Bear for chasing away the noisemakers and brought back sanity and better bargain.

*ThE OcToPuS*

Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016 to ₦763 billion in 2017.

The bank made a profit before tax of ₦88.3 billion in 2017 against a loss before tax of ₦33.7 billion in 2016. Profit after tax was also positive at ₦69 billion against a loss after tax of ₦52.6 billion.

https://nairametrics.com/eti-profit-before-tax-hits-n88-billion-in-2017/

I was expecting CP to tell us the fair price of Accessbank is now N4 but he kept mute bcuz he's trapped in the boat.

This life self

wanaj0:
This is a personal question with no wrong or right answer. As at today, it looks like this

35% are in stocks (NSE)

15% in foreign stocks

35% in Real Estate

10% in Cash (Mainly Forex)

5% in Money Market in various forms

I keep cash BUT mainly in forex because I have forex exposures and help to hedge against devaluation. Cash to me is king. I like being liquid

I don't do bonds. Nothing against it though.

You don't mean it

The way some folks are feeling rightnow after checking their portfolios but they forget there's more to life than stock trading..

*ThE OcToPuS*

wanaj0:
I doubt that the people doing 'pumping and dumping' are here. People just get caught up in a web that they themselves are not aware off!

Look at it this way, how many people understand the business that Japaul is in to? How much is the total capitalisation of JaPaul that Milost will use $250m to acquire 'Part' of the equity? Can you even trust JaPaul to do anything meaningful with any money given to it? What happened to the IPO money? So what is the expectation when one buys JaPaul? When the stock was gaining everyday, what was driving it?

During the bulls, everyone becomes an expert! The bears undresses everyone! You saw people's response to Obabolujo (sp) programme? How many people he encouraged to use short term funds (loans) to invest in the capital market? I am waiting for the IPO's to start again. MTN will come out soon? Watch at the fantastic numbers they will present. No one will mention that ARPU is reducing year on year!

People just need to be disciplined with their money. NOTHING wrong with gambling once you know for sure that you are gambling. People travel all the way to Macau to gamble paying for flight ticket and accommodation anyway!

Anyone that tells you he can determine the highs and lows should also supply you the lottery number!

Macau reminds me of the good old days. Macau the Las Vegas of Asian continent

Then at their airport it's either you settle their immigration with $100 and get your passport stamped with entry permit or their refuse you entry outrightly.

That brought about the slogan "No Money No Macau"

*ThE OcToPuS*

[quote author=locodemy post=65636788]Loco cant see losses again in this market.
Gain upon gain is my portion.
How many times will I be deceived?[/quote

LOCO better go and appease the gods, afterward stay humble else you keep paying school fees year in year out..

*ThE OcToPuS*

RabbiDoracle:
No big deal

Stop fighting Nature.

Nasdaq hits record high, Dow soars 400 points after strong jobs report
The Nasdaq composite advanced 1.5 percent and hit an all-time high.
The Nasdaq 100, which is made up of the 100 largest companies in the Nasdaq composite, also reached a record high.
Stocks surged after the Bureau of Labor Statistics said the U.S. economy added 313,000 jobs in February.



https://www.cnbc.com/2018/03/09/us-stock-futures-dow-data-nonfarm-payrolls-and-politics-on-the-agenda.html?__source=newsletter|breakingnews

Brent crude futures rose $1.54 to $65.15 a barrel, a 2.4 percent gain. West Texas Intermediate (WTI) crude futures rose $1.92 to settle at $62.04 a barrel, a 3.2 percent gain.


https://www.cnbc.com/2018/03/08/oil-markets-focus-on-trump-kim-meeting-and-stock-markets.html?__source=newsletter|breakingnews


2018 the NEW DAWN and will turn out to be the best year in NSE history.

While some are busy making noise others are quietly making money.

*ThE OcToPuS*

Chibuking81:
Please friends am looking for my daughter, she is 3 years ten months old. ( born on 4th May 2014)

Please if you come across someone that looks like her in any part of Nigeria, please notify me.

Her name is Chibugo Faustina Chibueze.

She know her name and School.

Her school name is Gospel international school Ahoada. She was on low cut on that 28th February 2018, been Wednesday, the incident took place.

It all happened on the 28th morning as she was going to school, their mother dropped her and her senior brother near the school compound as usual and left them, then at the entrance of their school compound, unknown man on black eye glasses stopped both of them.
He gave the senior brother money to go and buy biscuit, on returning back, he didn't see his sister and the man.
Today makes it four days we are looking for her.

Please should in case your neighbour buy a girl of that age in the name of adoption, please help me look at her properly, even in the motherless baby's home, if you see any resemblance like her please notify me.
I really need your assistance, I strongly believed that Almighty God will bring her back to me alive. Please share her picture on any available social media, until it get to those she is in their custody, and they will willingly send her back to me. I know that My God will do it.
My contact address is, St Peter Catholic Church Ahoada. Ahoada East Local Government Area, Rivers state.
Or call this number: 07064299061.
Attached are her pictures.
Please help pray for her release and safely returning back to me.
It will end in Praises and Thanksgiving.

Behold she's found HALE & HEARTY!!!

I foresee the next WINDFALL coming from a BANK with HeadQuarter in a Small West-African country.

*ThE OcToPuS*

Toluway:
Many have merely endeavoured to capitalise on the macro-economic offshoot of the rising oil price. Has Buhari any economic philosophy?

Yes Buhari don't have any economic philosophy but Buharieconomics gave all FOREX earners a WINDFALL.

*ThE OcToPuS*