CustomStreet...

Any update on UNITY BANK?

Wanted to LOAD more UNITY BANK but...

I have now LOADED more ACCESS BANK shares to increase my stake in their future...

I believe AIG will continue beautifully... I remember his days in the helms of ACCESS leadership birthed glorious things for the bank... I strongly believe he will continue from where him and Hubert stopped... May ACCESS succeed and become the top bank in Africa as regards returns for investors...

Disclaimer...

This is not a lure for anyone to enter ACCESS, I have been with ACCESS since 2016...

FULL LIST: 16 banking transactions exempted from CBN’s new cybersecurity levy
 
https://www.google.com/amp/s/punchng.com/full-list-16-banking-transactions-exempted-from-cbns-new-cybersecurity-levy/%3famp

toyeoye:
The CBN instructed banks to implement a 0.5% cybersecurity levy on certain transactions, including to asset management firms. In the coming weeks, if one makes a bank transfer for a N5M investment to any stock brokerage firm , about 25K will be charged and your broker will still chop 4%.

Wil the l introduction of this levy not discourage cashless policy? Already the CBN Governor complained that people are hoarding the naira now how does he hope to get the percentage of Naira into the system
https://www.nairaland.com/8081335/nigerians-hoarding-94-percent-cash#129772435

For those who are interested:

Ongoing "Apel Quarterly Webinar Series: Outlook of the banking and energy sectors; where are we headed"

For registration: https://gsmd-zgpvh.maillist-manage.net/click/1b7e206515dadeb3/1b7e206515d9eefe

Zoom meeting link: https://us06web.zoom.us/j/85607642436?pwd=S9pGY1BbXqpA8Wl8Xc5Vp8DPXx0ElI.1

Shampion Brewery

Any news on Champion that sent it to full offer?

toyeoye:
The CBN instructed banks to implement a 0.5% cybersecurity levy on certain transactions, including to asset management firms. In the coming weeks, if one makes a bank transfer for a N5M investment to any stock brokerage firm , about 25K will be charged and your broker will still chop 4%.

This cyber levy might be what will eventually move me to focus on foreign stocks and leave Nigeria all together

megawealth01:
OANDO. OANDO.. OANDO...

E be like say na eldorado gamble wan pay off ooooo

Make I buy small OandO and follow for hopeville

Adinije:
Any news on Champion that sent it to full offer?

LOCO looking for SHAMPION BREWERY buyers so he can reenter OANDO
Meanwhile DANGOTE proponents are no where to be found

BARGAIN HUNTERS TAKE NOTE!

Utalinmou:


Make I buy small OandO and follow for hopeville

Betnaija

Utalinmou:


Make I buy small OandO and follow for hopeville

We plenty for this OANDO train... Na volume and holdings different

SonofElElyonRet:


Betnaija

Where have you been son of man?

sterlingD:

Wil the l introduction of this levy not discourage cashless policy? Already the CBN Governor complained that people are hoarding the naira now how does he hope to get the percentage of Naira into the system
https://www.nairaland.com/8081335/nigerians-hoarding-94-percent-cash#129772435

Hold cash or not, you cannot hide from the associated charges
Banks fee on deposits, pay POS cash to buy cash (trading), electronic levies, stamp duty on investments...

megawealth01:


Where have you been son of man?

I've been waiting for dangote refinery , NNPC and dangote fertiliser listings.... onlooker and long termer for now

KarlTom:
True. Point 12 seems like a loophole...

NO.4 and No. 12 ; Does that mean if I transfer money from my. GTB to another person GTB, this policy won't apply??
and if I deposit money to my trading account, lets say from FCMB to a stockbroker that uses. FCMB, the policy won't apply?
Any explanation pls

Who has received nascon dividend?

Bbbwings:
Who has received nascon dividend?

It is share bonus

SonofElElyonRet:


I've been waiting for dangote refinery , NNPC and dangote fertiliser listings.... onlooker and long termer for now

Na nnpc I dey wait for oooooo

megawealth01:


Na nnpc I dey wait for oooooo

I would rather buy Dangote fertilizer and refinery, than NNPC.

NNPCL is filled with redflag.

OBAGADAFFI:


I would rather buy Dangote fertilizer and refinery, than NNPC.

NNPCL is filled with redflag.

Pls explain sir so I can be guided

Bbbwings:
Who has received nascon dividend?

You mean 2 for 100 bonus?

Please who can help with information as to whether DATAMAX (GTCO Registrars) has e-dividend mandate form that one could fill and submit entirely online or one must visit their office to submit it.

Deadlytruth:
Please who can help with information as to whether DATAMAX (GTCO Registrars) has e-dividend mandate form that one could fill and submit entirely online or one must visit their office to submit it.

Download the form filled along with the share transfer form of your stock broker get your bank of where your receiving account is to verify with signature and stamp and forward it to your stockbroker for onward forwarding to the registrar via your email ( Others will chip in too)

BigBashiru:


This cyber levy might be what will eventually move me to focus on foreign stocks and leave Nigeria all together

No need to leave .
As far as ur wins exceed your cost...
Oyibo dey try sha..
zero commission..no charges....
Dem still dey give me daily interest on utilized
money in my trading account...

sterlingD:

Download the form filled along with the share transfer form of your stock broker get your bank of where your receiving account is to verify with signature and stamp and forward it to your stockbroker for onward forwarding to the registrar via your email ( Others will chip in too)

Thanks.

Japaul done deal take position before it will scares

megawealth01:


Pls explain sir so I can be guided

Amidst controversial N140 billion purchase, NNPC halts takeover of OVH

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it is unable to complete the acquisition of OVH Energy Marketing Limited‘s downstream assets.

The declaration is contained in a letter dated 17 January, addressed to the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and signed by the managing director of NNPC Retail Limited, Huub Stokman.

The letter is titled, ‘Notification of inability to complete OVH Energy Marketing Limited terminal, plants and depot takeover and intent to apply for operating licenses’.

The NNPC Ltd had in its latest financial statements said it paid cash amounting to $325.09 million (N140.559 billion) for the acquisition of Oando-branded retail stations and a reception jetty in Apapa, among other facilities.

However, in its letter, the NNPC Ltd said it has become evident that it cannot complete the merger deal.

The company said it intends to apply for operating licenses for the facilities under OVH Energy Marketing Limited.

“We appreciate the ongoing collaboration and support from the National Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in facilitating the acquisition of OVH Energy Marketing Limited.

Background

The NNPC Ltd had in October 2022, announced the acquisition of OVH Energy Marketing Limited’s downstream assets. By this acquisition, OVH Energy would be merged with NNPC Retail, a subsidiary of NNPC Ltd.

The assets acquired from the company, which operates Oando filling stations, also include a reception jetty with 240,000 metric tonnes monthly capacity and eight liquefied petroleum gas plants, three lube blending plants, three aviation depots, and 12 warehouses.

But in June 2023, PREMIUM TIMES’ investigation on the acquisition exposed the secret deals and the complicated ownership structure that left managerial control of NNPC Retail in the hands of OVH Energy Marketing.

The report also exposed how OVH Energy Marketing only had about 94 stations and how over 100 stations were leased.

In addition, the report highlighted how Mr Stokman, an expatriate and former Chief Executive Officer of OVH Energy, emerged as the new Managing Director of NNPC Retail, a development that further compounded the structure of NNPC Retail.

Bagwa:
Japaul done deal take position before it will scares

Whats the deal?

OBAGADAFFI:


Amidst controversial N140 billion purchase, NNPC halts takeover of OVH

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it is unable to complete the acquisition of OVH Energy Marketing Limited‘s downstream assets.

The declaration is contained in a letter dated 17 January, addressed to the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and signed by the managing director of NNPC Retail Limited, Huub Stokman.

The letter is titled, ‘Notification of inability to complete OVH Energy Marketing Limited terminal, plants and depot takeover and intent to apply for operating licenses’.

The NNPC Ltd had in its latest financial statements said it paid cash amounting to $325.09 million (N140.559 billion) for the acquisition of Oando-branded retail stations and a reception jetty in Apapa, among other facilities.

However, in its letter, the NNPC Ltd said it has become evident that it cannot complete the merger deal.

The company said it intends to apply for operating licenses for the facilities under OVH Energy Marketing Limited.

“We appreciate the ongoing collaboration and support from the National Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in facilitating the acquisition of OVH Energy Marketing Limited.

Background

The NNPC Ltd had in October 2022, announced the acquisition of OVH Energy Marketing Limited’s downstream assets. By this acquisition, OVH Energy would be merged with NNPC Retail, a subsidiary of NNPC Ltd.

The assets acquired from the company, which operates Oando filling stations, also include a reception jetty with 240,000 metric tonnes monthly capacity and eight liquefied petroleum gas plants, three lube blending plants, three aviation depots, and 12 warehouses.

But in June 2023, PREMIUM TIMES’ investigation on the acquisition exposed the secret deals and the complicated ownership structure that left managerial control of NNPC Retail in the hands of OVH Energy Marketing.

The report also exposed how OVH Energy Marketing only had about 94 stations and how over 100 stations were leased.

In addition, the report highlighted how Mr Stokman, an expatriate and former Chief Executive Officer of OVH Energy, emerged as the new Managing Director of NNPC Retail, a development that further compounded the structure of NNPC Retail.

Looks like OANDO in suit clothing

Do your dd, if you didn't get it.........wait for the cooperate announcement soon...

OBAGADAFFI:


Whats the deal?

Do your dd, if you didn't get it.........wait for the cooperate announcement soon...