₦airaland Forum

The last I heard about Dunlop is that they are winding up their business in Nigeria i.e they are closing down. As for their shares, their shareholders will be paid off.

They make their money through retail banking of course. It may true that peolpe don't patronize them like new generation banks but if you want to succeed in business you can not do without the old generation banks because they give loans easily with low interest rate. That is the reason they still enjoy high degree of patronage.

Hello Friends,

The stock market has been down for sometimes now and one wonders when the market will pick up. The crash we are currently experiencing started around May this year and since then there has been no respite. The market has defied all measures taken to reverse the crash and restore investors’ confidence.

The downward trend began when news filtered in that CBN has banned margin trading by banks and stock brokers. Banks and stock brokers immediately started recalling margins earlier granted investors. Investors in turn began selling their shares in order to escape from the panic and at least make some profit. Foreign speculators who had invested heavily in the market started pulling out. SEC also did not help matters by claiming there are price manipulations and insider trading which further eroded investors’ confidence. The final straw came with the global financial crises that started In America.

Before the crash, the market witnessed influx of investors most of them uninformed. They just heard that people are making money from the capital market and without adequate information and market research and with greed and get-rich-quick motives, they jumped into the market. These ‘Kalo-Kalo’ investors were just buying any stock in sight. Some of them bought dead stocks – stocks that died over 15 years. Some sold their properties, businesses, goods; some borrowed money all with the hope of making get-rich-quick, kalo-kalo gain.

Some of these long-throat investors have left the market with huge losses but some still remain. Until the remaining get-rich-quick investors exit from the market there will be no appreciable upward price movement. Any upward movement, these people will offload their stocks and price will fall. This is what happened when Government injected money into the market sometimes this year. Prices rose then ‘Kalo-Kalo’ investors moved in and sold stocks and prices fell again. So, until the get-rich-quick investors leave the stock market there will be no respite.

Remain Blessed

Try manual directory submission.

Good luck

Though Yakubu's injury is career-threatening, I don't think the guy is finished I believe he will bounce back. We should all support him but one thing about the guy is he too dey play selfish game

You don't sound genuine

Be specific. What need?

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What kind of business do you do?

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Cheers

Thank you for your information

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For now no information about Daar Communications. I have not got my certificate. I don't think First Registrar has started sending them

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Try GTBank. As far Dom acc is concerned GTBank is the best. I opened mine with them with easy and have not heard any problem operating it.

It is bad and a responsible man should not do it

It is a matter of principle. Working at a brewery has nothing to do with religion. You can be a cchristian and still work at a brewery as long as you don't defile your body by drinking you r not committing any sin. Not working at a brewery just because you r a christian is taking things to the extreme. Afterall chairman of NB PLC is a born again christian.

Wahalai I go resign from my work go set up church. See d kan woman Okotie marry

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You have made a good decision. Naija guys are the best