debeey87:


If it's a pdf file that enable search, press control f on a computer and input your name if you want to check yours. People can also use the SEC website for a better check. Just your surname will narrow the search

ositadima1:
The completion of Dangote Refinery, which is rumored to be completed in 2025 by a Chinese company, is not only facing significant financial challenges but also political obstacles. The refinery is already struggling to service a massive $700 million annual interest on its debt, and it still requires an additional $3 billion to complete the project.

The Nigerian government had made a deal with Dangote Refinery to pay about $2.7 billion (i am not sure on this) in cash and crude oil for a 20% stake, but it has only managed to pay $1 billion, which it obviously borrowed. When President Buhari realized that the refinery was not going to start operations anytime soon, he refused to invest any more money.

Despite the expectations that the Dangote Refinery would come to the rescue by producing petroleum products and thus reducing inflation, it is unlikely to happen. Therefore, the removal of petroleum subsidy will inevitably cause a new round of inflation pressure on the economy, leading to an increase in the cost of goods and services.

This situation will have a ripple effect on the stock market. Most companies will experience a reduction in revenue, as increasing prices mean less sales, while some companies may experience an increase in profit-to-revenue margins as they adjust their prices to reflect changes in the economy. Many companies will see their Profit After Tax (PAT) reduced, which will be bad for investors. What do you think? Where is Oga Oracle, we need you to advise us on what to do next.

Agbalowomeri:
Dangote really disappointed Buhari's government. From 3 year's expectation to unending postponement of completion date

ositadima1:


This situation will have a ripple effect on the stock market. Most companies will experience a reduction in revenue, as increasing prices mean less sales, while some companies may experience an increase in profit-to-revenue margins as they adjust their prices to reflect changes in the economy. Many companies will see their Profit After Tax (PAT) reduced, which will be bad for investors. What do you think? Where is Oga Oracle, we need you to advise us on what to do next.

Laso09:


As long as subsidy is removed, it will make little difference either we have a working refinery or not.
The difference in price will only come from shipping and logistics.

ositadima1:
Whether to even sell all my stocks/belongings and JAPA and never look back sef. Find some old Akata way a brest don fall and wife, join their rat race be making $25k to $30k a year.

ositadima1:


Not true, given that labor costs are significantly lower in Nigeria compared to Europe and that the revenue generated by the refinery will be subject to taxation by the Nigerian government, other products such as various types of plastics are likely to be more affordable. For instance, a small-sized plastic bucket is currently sold for 600 Nigerian Naira, and plastic chairs and tables are all many times what they used to go for.

Gasayi:
Hello
Our service :

Buying/Selling

paypal
Bitcoin
Neteller
Usdt
Payoneer
Skrill
Online Payments/checkout
Gift cards
Fiverr withdrawal
Whatsapp 0706246 9313

ojeysky:


Maybe you are not using the app, still not working till date

Capitas7:

Seconded. My experience with Meritrade has been poor for over a week now.
Meritrade is not accessible - both the app and the website. "Trade now" was not accessible this morning while the site was up. The "Market overview" page is also faulty - lists only about 16 securities and does not show bid and offer information, neither is the limited information anything close to real-time.
I have been trying to place orders but none is working. Meristem could have at least notified its clients/customers that they will be experiencing some technical glitch in a stated reasonable time frame.

pluto09:



Meristem has been disappointing lately.
They need to up their game.
I planned to enter market today but they have frustrated my effort.

beejay1:
I agree with you, they have had poor service in the last couple of months. They keep running into issues, each time they try to work on the platform. Also like they don't have the necessary tech Expert to manage their site.
You can send them a mail to execute your trade on your behalf. Response is almost instant.

pluto09:



Meristem has been disappointing lately.
They need to up their game.
I planned to enter market today but they have frustrated my effort.

emmanuelewumi:
Who can help me with annualized market return of NGX in the last 5 years

Agbalowomeri:
Dangote really disappointed Buhari's government. From 3 year's expectation to unending postponement of completion date

ositadima1:


It opened @ 40,801.04 on 2018-04-25
closed @ 51,355.74 on 2023-04-20
CAGR = 4.7%

If you want the return on yearly basis see attached table
For the data: https://www.investing.com/indices/nse-all-share-historical-data

essentialone:
Worst Stockbroker as it concerns online efficiency and effectiveness is Meristem.

essentialone:
Worst Stockbroker as it concerns online efficiency and effectiveness is Meristem.

question:
Hello gurus in the house,
If I purchase GTB today, will I still be eligible for the dividend.