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Nairaland Forum / Nairaland / General / Business / Nigerian Stock Exchange Loses N112bn (9900 Views)
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Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 8:37am On Aug 06, 2016 |
izzou: In a country solely fueled by the Crude Sales, he expects the stock markets to record more gains now than when we were under a windfall due to the record Crude Oil sales. They want to make it look as if the Market would not record losses if GEJ was still around. The point has not change. Something he wants to deviate from. Stock Markets rises and falls daily. If the Markets go up on Monday, it does not mean the economic situation has changed for good. Dropshot made his point very clearly. 1 Like |
Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:42am On Aug 06, 2016 |
TheGoodJoe: Are you minding him? He is just looking for a partner to argue with ![]() 2 Likes |
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:43am On Aug 06, 2016 |
izzou: Stop being dramatic. Was Jonathan Nigerian president a year ago? |
Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:47am On Aug 06, 2016 |
woodcook: He was the president as at May 28 2015 My bad Dats four years ago No vex 1 Like |
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:50am On Aug 06, 2016 |
TheGoodJoe: People like you guys are the reason we are a mess of a country. There were people like you in GEJ administration they did tell him everything wss good even when it was obvious it was not. Now you guys have infested PMB administration,instead calling him out here you go saying there is no problem when it is obvious there is. What you failed to understand that if you point out a problem it get fixed and few years down the line the administration will receive praise for job well done while the masses on the other hand will be better off for it. Blind support does no one no good. |
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:53am On Aug 06, 2016 |
izzou: See yourself a year ago was July, August 2015 and based on record GEJ was not the president then. So like I said go check NSE value a year ago and compare to today while at that do not forget to check all the fluctuations and the rates. Kids everywhere! |
Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:59am On Aug 06, 2016 |
woodcook: I must have a different calendar But if an adult like you still dont know that the NSE loses and gains all the time, and an adult like you still isnt aware that crude prices have fallen, which means that if Jonathan was still ruling, even though nigeria may not be as hard as now, the economy would have backslided to some extent, then i prefer being the kid i am, to the adult you are And enough of the quotes Like i said earlier, You win. I agree with you Have a nice day ![]() 1 Like |
Re: Nigerian Stock Exchange Loses N112bn by DZTech1: 9:07am On Aug 06, 2016 |
I beg you, stop this arguement They're not kids, they have an agenda. If people know the true state of our nation, there'll be mass panic in the streets and chaos will rule the land, so they're doing a good job of information management. You'll notice that noone's talking about the causes of the gains or losses- even though we all heard the cbn barred some firms from sending dollars into the country, thereby increasing it's value and hitting the value of our shares. Just this last week, crude prices started falling again. We're still waiting to hear of any major economic drive- IN AUGUST O- apart from feeding kids and hiring teachers. Joining issues with govt supporters has, is and will always be a waste of time. I advise that you just protect you and yours, because much, much worse is coming. woodcook: 1 Like |
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 9:12am On Aug 06, 2016 |
izzou: Come back here you are not off the hook yet bro. Yes stock markets rise and fall all the time but the rate and margin at which NSE rises and falls calls for concern. Sure oil price is nothing to write home about and given that our economy depends on it, it is "normal" to experience such shocks in our NSE. But what you failed to consider is that a proactive government will do what it takes to keep the changes within an acceptable band. I am not if you remember exactly how battered the US economy was and what future awaits it when Obama took over? He may not have grown it within a short period but he sure as hell find a way to prevent it from plunging further. Mind you am not one for miracle but one that believes that there is always a way to slow down the mess while we find a lasting solution. Am out! |
Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 9:17am On Aug 06, 2016 |
woodcook: You want to call President Buhari out for Stock Market fluctuations. So when NYSE falls, Americans should call Obama out. I always pointed my dislike of GEJ's administration due to gross wastage and blatant looting. Not stock market fluctuations. |
Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 9:23am On Aug 06, 2016 |
woodcook: You know Obama did not change the situation in a short period. Not in a year or two. Yet people will not want to chill with their dooms day news. |
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 9:30am On Aug 06, 2016 |
TheGoodJoe: You remember this quote 'Bad news sells!' ? |
Re: Nigerian Stock Exchange Loses N112bn by Onyejiuwaokoh: 10:21am On Aug 06, 2016 |
DropShot:out of over 100 days, u could record just less than ten days gains. The economy is in disaster bro. |
Re: Nigerian Stock Exchange Loses N112bn by DropShot: 10:27am On Aug 06, 2016 |
Onyejiuwaokoh:Performance of NSE is not reported on daily basis by our mainstream media. In those over hundred days, why is it that it was only this one negative news that could be reported too? 1 Like |
Re: Nigerian Stock Exchange Loses N112bn by Onyejiuwaokoh: 10:36am On Aug 06, 2016 |
DropShot:there were so many losses in those days but yesterday's gigantic loss that is more than some states budgets is too much to be concealed. There is danger bro. |
Re: Nigerian Stock Exchange Loses N112bn by Akinola660: 11:37am On Aug 06, 2016 |
Re: Nigerian Stock Exchange Loses N112bn by princeakins(m): 12:03pm On Aug 06, 2016 |
Re: Nigerian Stock Exchange Loses N112bn by moyakz(m): 1:21pm On Aug 06, 2016 |
princeakins:alright!let's just wait for our zombies to join us. |
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