₦airaland Forum

Bovis:
It’s a red flag for discerning investors

Top bankers are meant to be shrewd and conservative with money and not to be flaunting their wealth, reason why Jewish bankers are highly respected

pluto09:
Is the said property bought in the name/account of the bank or in his own personal account?

Bovis:
While it may be seen as an ego-driven move, this is ultimately a reckless investment and damaging publicity for Access Bank UK

Many of these London mansions have remained unoccupied since the UK government began seizing properties owned by Russian billionaires, alleging ties to President Putin

Consider what £15 million could achieve in a struggling UK economy—it could help provide mortgages for over 50,000 Nigerian families living in the UK

A large Hilton Hotel in Peterborough is currently listed for £11.9 million. Acquiring such a property could create hundreds of jobs for Nigerians and generate substantial profits for the bank

It’s likely that the UK’s Financial Conduct Authority will investigate this transaction thoroughly, and they may determine that it was funded through illicit means.

Bovis:
It’s a red flag for discerning investors

Top bankers are meant to be shrewd and conservative with money and not to be flaunting their wealth, reason why Jewish bankers are highly respected

megawealth01:
If ARADEL is that price some people think that OANDO wont sell above 100. I just dey laugh sha

yok:
Which type of stocks? Nigeria or Global stocks.

For Nigeria sticks better to go with main Stockbrokers: Bamboo/Trove and others are sub-brokers whether for local or Global stocks.

For Nigeria stocks, Morgan Capital is okay. Experience with the platform is 100% positive on my side. Another one I use is United Capital, trading platform is just same as Morgan's and I will say they are good too.

If it is platform for Global stocks, most Nigeria APPs are bearly manageable. But for more info on this check the US stock Market forum: https://www.nairaland.com/5669161/us-stocks-pick-alert/468

gold360:
Someone shared this on Facebook,
How true?

₦100,000 invested at the beginning of the year and how it has performed as at 30th April, 2025:

1 Left in the Nigeria savings account ₦100,000

2 Just converted to dollars - ₦ 103,596.66

3 Ladda Quick Save - ₦ 106,666.66

4 Ladda Real estate - ₦ 106,666.66

5 Locked in cowry wise ₦ 104,000.

6 Treasury bills (182 days) - ₦ 106,166.67

7 Treasury bills (364 days) ₦ 107,166.67 (Available on getladda.com)

8 Added to Opay (O wealth) - ₦ 105,000.00

9 Bought Bitcoin (BTC) - ₦104,517. 69 ($65.46)

10 Bought Ethereum - ₦55,595.62 ($34.82)

1 1 Bought Solana (Sol) - ₦103,728 ($64.96)

12 Bought Binance coin - ₦ 89,572 ($57.99)

13 Bought Palantir - ₦ 163,183.12($102.20)

14 Bought Microstrategy -₦131,273.16 ($82.22)

15 Bought vanguard S&P 500 ETF (VOO) -₦ 98,568.84 ($61.73)

16 Bought Nvidia Corporation (NVDA) -₦ 81,698. 86 ($51.10)

17 Bought Apple. Inc (AAPL) - ₦ 90,220. 98 ($56.51)

18 Brought Alphabet. Inc (GOOG) - ₦ 87,514.99 ($54.81)

19 Bought Microsoft corporation (MSFT) ₦ 98,017. 89 ($61.39)

20 Bought Tesla. Inc (TSLA) - ₦77,031.95 ($48.25)

2 1 Bought Jumia Technologies AG (JMIA) -₦ 62,955.88 ($39.427)

22 Bought MTN Nigeria communication Plc (MTNN) - ₦ 125,000

23 Bought Guarantee Trust Holdings Company Plc (GTCO) - ₦ 114,747.01

24 Bought Dangote Cement Plc (DANGCEM) ₦ 90,218.72

25 Bought Transcorp (TRANSCORP) -₦ 105,472.54

26 Bought UCAP (UCAP.ng) - ₦86,666.58

27 Bought UBA (UBA PLC) - ₦ 102,339.30

28 Bought Sunu Assurance - ₦41,115.92

29 Bought OandO - ₦63, 906.23

30 Bought Honeywell Flour Mill Plc -₦ 187,861.31

31 Bought Chellarams Plc - ₦ 213,243.27

32 Bought Vitafoam Nig Plc - ₦ 142,792.56

3 3 Bought ETERNA PIC - ₦181,636.18

34 Bought Scoa Nig. Plc - ₦216,999.80

35 Bought Presco Plc - ₦165,266.05

36 Bought NNIG. Flour Mills Plc - ₦170,842.50

37 Bought NCR (Nigeria) Plc - ₦132,727.29

38 Bought Trans-Nationwide Express Plc -₦100,000

39 Bought University Press Plc (UPL) ₦97,151.78

40. Bought Zenith bank plc -₦108,885.62

Raider76:
I never trusted the business model of that bank.

otomatic:
Nigerian savings accounts also earn interest at 30% of MPR, provided withdrawals do not exceed a certain number of times in a month.

megawealth01:
Without needless charges?

otomatic:
There are no charges on a savings account. Checking/current account is what has account maintenance charges of 1 per mille on withdrawals. And even that is negotiable if you have large transactions.

innovestor:
He said the part of that constitutes the contribution to the check off dues, not the total salaries. I'd give an example so you understand that they dont mean the same thing (not real figures):
1. Dangote Worker: Salary - 80k, Cumulative benefit - 140k (check off dues = 20% of salary = 16k)
2. O&G worker: Salary - 200k, Cumulative benefit - 70k (check off dues =20% of salary = 40k)

In this example, check of dues of one O&G worker is more than twice of Dangote Worker. However total pay of Dangote worker is 220k while O&G worker is 270k (a mere 50k difference)

IYGEAL:
I mean, it's more convenient to leave it like that. If investors like make them no check for public holidays. If NGX says "no access", then everyone should get it by fire by force.

The developers tried though. The issue with public holidays can be overlooked, whether or not they implemented it.

Princkez:
ELLAHLAKES hmmm

Princkez:
ELLAHLAKES hmmm

iHaveMadeiT2:
Thanks. Hopefully, by then the price would have crossed 4 comfortably?

yMcy56:
Chams crossed 4 already!
What a pleasant surprise......

ELLAHLAKES on full bid @14.81!
Just wow! 😲
Conductor don lock door against Street.... 😁

If you missed out of Ellah, don't miss out of VFD....

Princkez:
please VFDGROUP good entry price

handsomebolanle:
Let’s get it straight sir.,
From Dangote and what we know now… They weren’t sacked because they joined union… infact, Dangote ascended to a freewill MOU to join union.

What we should be talking about now is the content of the whatsapp. Maybe not necessary anymore, but time will tell.

otomatic:
Nigerian savings accounts also earn interest at 30% of MPR, provided withdrawals do not exceed a certain number of times in a month.