₦airaland Forum

crownprince2017:
If they should attempt to convert everything at 2.8+,that will be a serious fraud. We wait as things unfolds.

awesomeJ:
Isn't 26 20+??
You're confusing me now.

Maybe stick with sub so I can understand 😁

awesomeJ:
Isn't 26 20+??
You're confusing me now.

Maybe stick with sub so I can understand 😁

SonofElElyonRet:
maybe he means N20+kobo

Agbalowomeri:
Strong resistance at N20 so anything between 20 to 20.5 is a goal

awesomeJ:
How do you score these goals without shifting goal post??

Cos you wait at 20.5, it builds resistance at 24, then 6 months later, it's doing full bid at 36, isn't that a tiring wait if you never shift?

awesomeJ:
How do you score these goals without shifting goal post??

Cos you wait at 20.5, it builds support at 24, then 6 months later, it's doing full bid at 36, isn't that a tiring wait if you never shift?

faoogoke:
An equity raise is not necessary for insurance companies
When the CBN issued a new minimum capital requirement, the instructions were simple. Minimum paid-up share capital must be increased, and retained earnings are not allowed to translate into share capital. Hence, publicly listed banks had to raise capital from the equity market.

However, for insurance companies, it is a different ballgame. While the injection of fresh funds through private placements, rights issues, or offer for subscription is welcome, it is not the only means. According to draft guidelines seen by BusinessDay, NAICOM notes that for existing insurers, the minimum capital requirement can be satisfied with net assets minus own shares held by the company (treasury shares).
The regulator, however, streamlines what portion of the total assets is “admissible” in the estimation of net assets. These admissible assets are

Cash and bank balances
Tenored deposits with financial institutions
Government Bonds
Treasury Bills
Corporate Bonds (Quoted)
Commercial Papers
Quoted equities
Loans to policyholders
Loans to agents’ reinsurance assets
Premium receivables (certified as received by external auditors)
Investment properties (not more than 20 percent of MCR)
Statutory deposit
Since NIIRA was signed into law, no publicly listed insurer has announced plans for an equity raise to meet the MCR. A signal that many of these insurers may not go that route. Also, unlike the banks, all indications point to the fact that retained earnings can be translated into minimum capital requirements.

For new insurers, the minimum capital requirement will be restricted to highly liquid and secure instruments. These include cash and bank balances, term deposits with financial institutions, government bonds, and treasury bills.

ositadima1:
It depends on how the support was built. If it was formed from below by being an old resistance that was broken and turned into support, then the price may still return there, even if only briefly. All it would take is some discouraging news or a whale offloading. That 20 is possible.

megawealth01:
I want to use UNITY BANK/PROVIDUS for my retirement

It's the only bank of the NORTH. You can see what the WEST did with WEMA

yMcy56:
Rakish was right.

It's the last highest traded price in the past 6mths before the court ordered meeting

The 1% Mandatory Tender Offer is just in fulfillment of the rule that guides bulk purchases from majority shareholder(s) to protect and be fair to minority shareholders.

pluto09:
I don't think I have the patient to play access bank. I will only consider it if the price dips to N22

zendi:
I hope not PETERiCHY's type of retirement, which turned into a new beginning

Or Warren Buffet's.
At 95, Warren is putting off retirement for another 6 months.
Which shows reluctance to quit the game, and hand over the helm.

Don't even talk of our neighbor, President Paul Biya of Cameroun.
At 92, Oga Paul is running for a new term of office which will end at his 99th birthday.
And in case you're suspecting that after that, he might go for yet another term, with "many supporters" cheering, don't be shocked if it turns out you were right.

Job can cease to be work, and become game, and an addictive game at that.

Don't trust yourself to honour the bolded when the time you've set comes.

leo1234:
Agba want give men high BP.


How did I end up buying gtco at a high price 🤔

DenreleDave:
Please guys..


Does bamboo pays dividend whenever one buys a share or how does one collect dividend please?

For stock bought on bamboo

awesomeJ:
How do you score these goals without shifting goal post??

Cos you wait at 20.5, it builds support at 24, then 6 months later, it's doing full bid at 36, isn't that a tiring wait if you never shift?

awesomeJ:
How do you score these goals without shifting goal post??

Cos you wait at 20.5, it builds support at 24, then 6 months later, it's doing full bid at 36, isn't that a tiring wait if you never shift?

DenreleDave:
..boss. At what price did you buy gtco stock?

orriyomi33:
Good evening all.

What is wrong with the Meritrade app?
For the past few days, it's difficult accessing my account.

It keeps displaying "unexpected data format"

Anyone facing similar challenge? How did you resolve it!

leo1234:
103

Agbalowomeri:
If I am interested in ACCESS (or any stock for that matter) and it doesn't get to my level, I no buy noni.

Bank stocks that are doubtful for a 10% dividend no fit see my money At this level, I'd rather do fixed deposit

awesomeJ:
Some people bought at N109 today in London, some even at N120, so there's hope.

Agbalowomeri:
If I am interested in ACCESS (or any stock for that matter) and it doesn't get to my level, I no buy noni.

Bank stocks that are doubtful for a 10% dividend no fit see my money At this level, I'd rather do fixed deposit

Agbalowomeri:
If I am interested in ACCESS (or any stock for that matter) and it doesn't get to my level, I no buy noni.

Bank stocks that are doubtful for a 10% dividend no fit see my money At this level, I'd rather do fixed deposit