Locotrader:


Don't you think all these are strategies to return oando to 7.07 price.

Choiceguy:


They will soon know that popular gamble don't normally win and hope is not a strategy.that is why so many of our Oga like Cp, Agba etc have stayed away from Oando .when you can still gamble with japaul customstreet have informed us that it will do #3.

I pity those in Oando bus like .... that bought at 11+. Oando that will still sell very low 7+ or below.they did not ask themselves what if the case is adjourn to another date.you guys knows our court system and their ways.

Streetinvestor2:
I equally believe it is the stock
I feel information of what may play out at the court has filtered into custom Street. You know his is always insider infor

essentialone:
COPIED...

Good day all.

I want to be a stockbroker. I am working towards getting admitted to the chartered institution of stockbrokers. I have been trying to contact the institution for sometime about some inquiries that I didn't find the answer to, on the website, but no one has responded to me, both on mail, and calls.

Please, is there any person here who is affiliated to the institute, in any capacity, I can ask some questions?

If you happen to also know a medium I can use to contact the institute too, I will really appreciate your assistance too.

essentialone:
COPIED...

Good day all.

I want to be a stockbroker. I am working towards getting admitted to the chartered institution of stockbrokers. I have been trying to contact the institution for sometime about some inquiries that I didn't find the answer to, on the website, but no one has responded to me, both on mail, and calls.

Please, is there any person here who is affiliated to the institute, in any capacity, I can ask some questions?

If you happen to also know a medium I can use to contact the institute too, I will really appreciate your assistance too.

ojeysky:
I pity SMEs with most international coy taking their exit.... More devaluation in near future looming

Pesuzok:
Aside from the fear of delisting Oando, all eyes should be on the day oando will conclude with Naoc. Expect massive bull from that day.

Buying NAOC makes oando an operator in the E&P

robobo:


The bold is the key.

that is where the difference between Oando (as presently is) and Seplat lies

Oando is presently not an operator (although is an upstream player)

But Seplat is an operator

meaning Seplat can ramp up production (if need be and financial wherewithal is available), which is exactly what they did upon becoming an operator

while Oando would only be contended with whatever the present operator produce (as a portfolio investor)

but the bigger question is would Wale allow the minority shareholder benefit from this largese whenever it materialises?

Mpeace:
Where is ucap actually running to?

pluto09:
https://thenationonlineng.net/eight-banks-fall-below-cbns-capital-adequacy-ratio-threshold/.

Hope this will not negatively affect the ongoing rally in banking stocks though I find the news strange and unbelievable.

BullBearMkt:

...the news must be a joke!

PETERiCHY:
OSO ABIOLA LOADING

https://dailypost.ng/2023/12/06/fear-looms-as-eight-commercial-banks-fail-to-meet-cbns-capital-adequacy-ratio/#


Fear is currently looming as eight commercial banks in Nigeria have reportedly failed to meet their Capital Adequacy Ratio (CAR), according to a recent stress test conducted by the Central Bank of Nigeria (CBN).


The banks identified in the CBN’s quarterly economic report include Access Bank Plc, Fidelity Bank Plc, First City Monument Bank Limited, First Bank of Nigeria Limited, Guaranty Trust Holding Company Plc, Union Bank of Nigeria Plc, United Bank for Africa Plc, and Zenith Bank Plc.

The stress test evaluated the banks’ financial strength to endure adverse economic conditions or shocks.

Laso09:


Looks really like a joke.
I expect a rejoinder from cbn and those banks.
Some of the banks mentioned are the strongest and I still find it hard to believe that the likes of zenith, GTB and uba will fail CAR test.

vacanci:


So Unity bank, Heritage Bank, Keystone bank, Polaris, SunTrust, Sterling and providus banks all pass the stress test abi?

vacanci:
So Unity bank, Heritage Bank, Keystone bank, Polaris, SunTrust, Sterling and providus banks all pass the stress test abi?

BullBearMkt:

...the news must be a joke!

vacanci:


So Unity bank, Heritage Bank, Keystone bank, Polaris, SunTrust, Sterling and providus banks all pass the stress test abi?

Zagee:
FBNH officially a SWOOT member!!

debeey87:
I recently discovered that money apps like palmpay and opay give 20% and 16% respectively on their savings account for 1yr.

The interest are also available daily on a prorated basis. Asides the fear of closure r loss, isn't it better than fixed bonds(of course one can earn more from bonds if rates changes).

Will appreciate opinions.

Ositadima2:


Copied...

Here are the key requirements and steps to become a stockbroker in Nigeria:

Educational Qualifications:

Minimum: Bachelor's degree in any field (preferably finance-related)
Recommended: Chartered Institute of Stockbrokers (CIS) professional examinations
Additional Certifications: Certified International Investment Analyst (CIIA) program (optional but highly regarded)

Experience:
No specific experience required, but relevant internships or work experience in finance can be beneficial.

Registration:
CIS Membership: Register with the Chartered Institute of Stockbrokers (CIS) and fulfill their membership requirements.
Dealing Member: Register as a Dealing Member of the Nigerian Exchange Group (NGX).
Securities and Exchange Commission (SEC) Registration: Apply for registration with the SEC as a Broker/Dealer or Sub-Broker.

Capital Requirements:
Broker/Dealer: Minimum capital requirement of N300 million.
Sub-Broker: Minimum capital requirement of N50 million.