Nigerian Stock Exchange Market Pick Alerts - Investment (9638) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 4:43pm On Sep 30, 2025*. Modified: 6:49pm On Sep 30, 2025 |
Agbalowomeri:FIRS will carry out a SUBSTANCE OVER FORM (Beneficial Ownership test) in this case you have to ensure that funding the accounts were not from you. If you send money to their account before they transferred it to the brokerage account, then it will be tracked. Also make sure that the proceeds from sales do not end up in your account. If they sell and the money goes to your account through their account, then you are the beneficiary. Unless you have to allow them use the proceeds or gains that they cash out to solve their personal problems without your interventions. these tax guys are prepared on paper but whether they are physically and technically prepared is what i doubt strongly |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 4:45pm On Sep 30, 2025 |
chimex38:@1 and 2: So why was he quick to admit it shouldn't be said in Church? That was gathering of believers. Church isn't the building. It was inappropriate for the setting @3: The goal was to say they want your money as tax, no matter the source @4:If the bible used the analogy of the prostitute, it was to ultimately teach Israel to forsake their "immorality/promiscuity" with other gods and be faithful to Yahweh. Which moral does collecting tax from prostitutes teach? Not on all fours.. Anyway, you've had your say and I've had mine. We agree to disagree... |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 4:56pm On Sep 30, 2025*. Modified: 7:08pm On Sep 30, 2025 |
Joyful365:If you are in Nigeria which I believe you are, you will understand that in the short term of 5-6yrs, DR workers would have little or no reason to complain or go on strike for welfare purposes.. Check out his pay packages and allowances to staff In his other businesses and compare standards. How many times have they protested.. Those that left, how many have complaining bitterly about the workplace.. No business is perfect but the net-gain always offsets the net-loss of most if not all his workers. PENGASSEN coming on stream is likely to go on strike on welfarism of other oil and gas companiy workers than on DR workers in the next 1-3yrs and thus they want to drag DR workers along. Crippling the Refinery at its inception!! This DR situation is peculiar. DR workers can have a union, it's their right but its best within the DR or better still join the DIL group conglomerate union if any. It shouldnt have to be with the government which will infiltrate their minds into cunning deals and sabotage the DR while fighting for other companies. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Itzlinda(f): 4:58pm On Sep 30, 2025 |
unite4real:very easy. buy crypto or dollars from their account and transfer to you. you cash out and fund your account or stash dollars |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:58pm On Sep 30, 2025 |
SonofElElyonRet:I guess Trinity Tower was the venue of the discussion he had last week with Capital market operators. They only used a venue owned by a church. Christians, moslems, atheists and agnosts attended the meeting. It was not a church service nor a gathering of saints |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:11pm On Sep 30, 2025 |
handsomebolanle:The catch is most other strategic employers-company are equally owned substantially by FG. From 30%-40%-60% . So FG partakes in decisions at the highest level in these companies.. If FGs Stakes were low or negligible or non-decison or voting rights in these other companies, they would be officially and strongly private and probably would have done away with some unionism overreach decisions by these unions!! |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:39pm On Sep 30, 2025 |
| Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 5:51pm On Sep 30, 2025 |
Dangote will be looking out for government intervention or prove sabotage… For those being sentimental about $20bn private blah blah
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| Re: Nigerian Stock Exchange Market Pick Alerts by Odunharry(m): 6:00pm On Sep 30, 2025 |
essentialone:The best thing to do is to visit there office if you are in Lagos. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:01pm On Sep 30, 2025 |
unite4real:How many staff dem get to do all these? ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:02pm On Sep 30, 2025 |
Agbalowomeri:They will get contractors or consultants |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 6:03pm On Sep 30, 2025 |
handsomebolanle:Oga Dangote does not owe anyone explanation why he is hiring or sacking. As long as he is not withholding ur salary and the entitlements that comes with the condition of employment. First bank recently sacked workers if u don't know.Can u force him to remain operational if he decides to close the business tomorrow. I hope u are not one of the sacked people. The union cannot save u..lol Private businesses sack people steady in the name of down sizing or right sizing. If u follow people they sacked.I hope u have been keeping savings that can carry u 6 months |
| Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 6:04pm On Sep 30, 2025 |
Really? Listen to this: https://www.youtube.com/watch?v=zOFoS0z9VEY?si=iKplNBnb34T9U1qC handsomebolanle: |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:04pm On Sep 30, 2025 |
SonofElElyonRet:I will play ![]() @ 1) to be sensitive to the venues owners believe, sacred building, etc, make audiences' mind ready to receive the unexpected and accept it with a receptive reaction(sice the mind has been made ready with the caveat). It wasn't a gathering of believers, it was a secular and civil related gathering of Nigerians. Other religions could even attend and will be welcomed to participate and even ask questions. Your No @4 you just proved my point @3 why he also used the same analogy. To quote you in context: it was to ultimately teach Nigerians(Israel) to understand that (forsake) their "services" ("immorality/promiscuity" with other people (gods) will (and) be taxed (faithful to Yahweh).Yes. Bible was on Morals. But the analogy as used in the Bible wasn't just on Morals alone; it also has to do with what the people(naive/novices) could easily relate with; a very potent example. Same with the tax law, the novice Nigerians like me need to understand what services entails in the law and what isn't and there are only a handful of examples that can do justice to its national understanding irrespective of literacy level.This is the most potent ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Joyful365: 6:07pm On Sep 30, 2025 |
chimex38:Have you ever worked in any big Nigerian company? If you have then you will not be selling this sort of false hope that workers there will start to feel no need to complain. Go out and find out from Nigerians working in Banks and other big FMCG companies. Despite these companies increasing the price of their products and services due to inflation and devaluation and raking in billions in profits, they have refused to increase the wages and salaries of their workers, majority of whom they place under contractors so they can avoid paying good wages, compensation and benefits. These workers cannot cry out because there's high unemployment and they can't join unions or they'll be sacked. So, many just manage the job and then use loans and other unethical means to augment their wages. Think of the policeman who extorts and collects bribe on the road. Think of First Registrars who don't have a functional phone number. I'm sure they're trying to cut cost and they've fired the customer service personnel who should handle such tasks. Think of the electricity worker who will collect bribe and help you bypass meters. All of this problem stems from being poorly paid and compemsated for whatever job you do. And the result on the overall economy is obvious. People with low purchasing power cannot patronise business at a scale that causes mass growth and development. Nigeria's textile industry has gone comatose because people can't afford to buy new clothes, not necessarily because they're expensive, but because their purchasing power is low relative to price of the clothes, despite the fact that they're working, sometimes 60-80 hours every week. It's only the oil sector workers that have been a bit insulated from this exploitative habit of Nigerian companies underpaying workers, using them as contract staff and preventing them from joining unions. Check Total, Chevron, Aradel and the likes. Majority of their employees are doing well. Even an Aradel security employee was buying stocks of the company not too long ago. Check AEDC, UBA, First Bank, Coca Cola, Dangote Cement and other big non oil companies. Majority of their workers are living from hand to mouth. Many of their workers are chronic debtors to loan apps and many others now place their hope on Bet9ja and Baba Ijebu. These are people who are genuinely working and truly deserve a good life. But they can't because the companies they work in want them to remain poor and controllable. Those who cannot stomach such conditions jejely arm up and take to real crime. That is why you're seeing an increasing trend in insecurity across Nigeria. Poverty and crime are always positively correlated and the foundation of such poverty is traceable to the situation Dangote is trying to achieve by preventing workers from unionising so that he can later turn them into contract staffs, keep their salaries stationary for years and easily stackable. No society progresses under such conditions. If Dangote gets his way, other companies will copy him and that will be the end of the Nigerian labour force. No Nigerian who is patriotic and understand the big picture and interconnectedness of all the situations I have described and more will support what Dangote is doing. Nigeria and the interest of all Nigerians should always be paramount. The Indians he'll hire to replace those workers will be paid at least $1500 per month. But he'll be happy to pay Nigerians $300 and claim that they're earning well. It just shows you how much he values Nigerians. |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:24pm On Sep 30, 2025 |
I honestly understand where you are coming from in your thesis but some of the union leaders don't mean well for their members. I remember the days of Obj and NLC. Where is the NLC chairman of those days? The name and the answer will help you understand one of my points in all these Joyful365: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 6:27pm On Sep 30, 2025 |
Joyful365:If whr u are working is not ok by ur standards. Oga resign and go start ur own thing. Leave that comfort zone and go start ur own thing.Your cord is not tired to another man success or business. Every other thin na noise.If he didn't employ u would u have forced him.why can't the union create employment after all this yrs.What have they been doing with the money they have been collecting all this yrs.Have u seen how thr leaders live larger than life Is good he sacked them.They will learn the hard way.A family member worked with alhaji Cement for yrs and was paid well.When they terminated her job.She was paid off well.She bought land and built good house and went into farming. She is doing well |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:30pm On Sep 30, 2025 |
KarlTom:The entire OS will be listed na. Are you referring to the free float portion? That might even be less than 10% |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:32pm On Sep 30, 2025 |
unite4real:wahala |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:34pm On Sep 30, 2025 |
KarlTom:So that we can know where he's facing 😁😁😁 |
| Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:35pm On Sep 30, 2025 |
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| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:36pm On Sep 30, 2025 |
Streetinvestor2:You're making me scared already 😁😁 |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:37pm On Sep 30, 2025 |
mikeapollo:God bless you my brother! This country! And to think he even trains them overseas o |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:40pm On Sep 30, 2025*. Modified: 7:04pm On Sep 30, 2025 |
chimex38:*Organized by RCCG City of David Branch for its members.. you can fact check. *The phrase "hire of a dog" in the Bible refers to the earnings of a male prostitute, not an actual dog, and is mentioned in Deuteronomy 23:18, which states that neither the wages of a prostitute nor the "price of a dog" (male prostitute) should be brought into the house of the LORD for a vow, as both are detestable to God. This passage forbids the use of ill-gotten gains, especially those related to pagan practices, for sacred offerings, emphasizing purity and holiness in worship. Hope you won't come up with another "ingenious" interpretation of yours ![]() *Prostitutes will certainly not pay tax unless compelled. Tax officials visiting brothels perhaps? Just read that Mandy the self acclaimed Queen of them all has been appointed as anti drug abuse ambassador.. interesting times indeed!@EmmanuelEwumi Modified: the tax man is an RCCG pastor! I just googled! |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:45pm On Sep 30, 2025 |
SonofElElyonRet:I don't understand for them o 😁😁😁 |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:48pm On Sep 30, 2025 |
emmanuelewumi:Actually he had the session at NGX at 2pm, then left for a different session at Trinity towers at 4pm same day. |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:50pm On Sep 30, 2025 |
handsomebolanle:My brother AI quotes aren't even worth a read, especially in matters like this. Anyways, contrary to what you earlier said, I want to categorically state to you that Dangote will win this fight and the unions will rest. Please feel free to quote me when it all settles. |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:52pm On Sep 30, 2025 |
awesomeJ:Okay, he had 2 engagements on that day and he spoke on capital gain tax issues |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:52pm On Sep 30, 2025 |
Agbalowomeri:I tire o. They will audit tire. Except they adopt ingenious tech solutions. Like the way the man said they will collect taxes from Agberos via their phone airtime |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:54pm On Sep 30, 2025 |
awesomeJ: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 6:54pm On Sep 30, 2025 |
Streetinvestor2:I respect intelligent and smart people, but this writing above just doesn't cut it. I would endeavor not to make comments on this anymore. |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 6:56pm On Sep 30, 2025 |
Streetinvestor2:Abi?? 😁😁😁 But he already said his skill set is so hard to come by, so I'll imagine he already has up to 7 offers, problem is which one to choose? Choose ko? Nigerian labour market na your mate? |
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with other people (gods) will (and) be taxed (faithful to Yahweh).

Just read that Mandy the self acclaimed Queen of them all has been appointed as anti drug abuse ambassador.. interesting times indeed!