₦airaland Forum

Tvegas:
This article is for those who have asked about how Dangote Refinery will affect or not affect Nigerias forex position in the future. Enjoy reading and Happy eidel fitri.

https://www.google.com/amp/s/www.theafricareport.com/21854/behind-the-hype-is-dangotes-refinery-a-game-changer/amp/

ahiboilandgas:
i understand ...am talking from an Nigeria perspective....A Nigeria girl was gun down in vergina tech...a Nigeria nurse was killed by her patient in a phycatric hospital in canada ...what we need in Nigeria is better infastutures, Quality and affordable health care and education they oppurntiies for young people and security...

ahiboilandgas:
For over 50 years larfage group a france interest refuse to expand cement productions in Nigeria despit population explosion....they wanted the importation arrangements for ever until dangote and bau step in buham terminal apapa is not working again no cement to import from france ....40 m tonne from Dangote....in thr 1990 there was cement racketeering cos of demand has passed supply and larfage was doing notting but smiling to the bank and laughing at our stupidity with french shareholders enjoying dividen

ahiboilandgas:
the boy is doing another course again..nursing asistance at his own cost...i hope he stabilize sha the investments on his head don pass 14000 euro it reach to buy fairly used truck in Nigeria that will be generating 400 k monthly ..the yeye boy keep snapping pictures in dublin ...i ask him did we spend all this moeny for pictures

.

odimbannamdi:
My Oga, we have a cult-related thread on Nairaland. Just search for sayno.tocultism (remove the dot) and you will read gory first hand accounts of people who have either been involved in HITs or have experienced it. At least for most of the violence that happens in the West, somebody is arrested, but not here at all. It is painful, to say the least.

Olaide1295:
MTN Nigeria Communications Plc announces N100 billion commercial paper issuance

https://nairametrics.com/2020/05/24/mtn-nigeria-communications-plc-announces-n100-billion-commercial-paper-issuance/

ahiboilandgas:
If u invest 10m now u will get about 18m in 7 years time if naira is now 520 in 2027 u will get 34000 dollars dollars ....an investment of 25000 dollars now your profit is 9000 dollars over 7 years .......just over 100 dollars profit per months.....if u have any thing that can give u better than 120 dollars on a investment of 25000 dollars is better than the bond...

zamirikpo:
West Africa that's Mad oooh.....but this thing has been happening since 1999.

Anyways my fear is the retail price of PMS when crude prices jump to $60. Dangite refinery cannot serve the country.

unite4real:
When is it opened and at what rate. What is the tenor. None of these was mentioned in the article

ahiboilandgas:
cooperate hawks are cashing out on the windfall i said it ...predators are watching 2006 ipo scams loading...next Ait commercail paper will be out.....this want the cbn wanted all along

ahiboilandgas:
cooperate hawks are cashing out on the windfall i said it ...predators are watching 2006 ipo scams loading...next Ait commercail paper will be out.....this want the cbn wanted all along

proeast:
You're not getting the picture, the rest of the world are not comfortable with Blacks and that puts us at a serious disadvantage. For instance, if Mark Zukkerbage was a Black man who came up with Facebook, do you think he would have had the same success? There is a glass ceiling against Blacks in the corporate world globally.
How many Blacks are the CEO's or top executives of the Fortune 500 firms? No matter how good Blacks are in certain sectors of the Western world, there are key positions others wouldn't want them occupy even when they deserve it. A Black man will have to do three times more to achieve the same benefit or financial reward relative to a White.

Blacks are taking the path of sports, music and other similar sectors that require physical instantenous results with little or no barriers. Even in football and some other sports, more skillful Blacks are often paid less and ranks lower on the pecking order.

I am not saying we can't or shouldn't strive to do better, but as Blacks, we are at a serious disadvantage in the global arena.

emmanuelewumi:
Lafarge was the market leader for over 40 years,instead of increasing production capacity they were repatriating profit to France.


BUA cement is giving Lafarge a strong fight for the second position in the market

Alaska90:
Thank you for highlighting the 2006- 2008 IPO scams....I was a victim

I hope people on this forum will learn oh

XiaoLi:
Good analysis,what i have learnt in doing Nigeria tbils,bond etc is never to invest in any investment portfolio that will keep my money for too long.

oluwaleokey:
Just Negodu!
Oga boss eh, your in depth knowledge of the oil n gas industry esp the downstream dey marvel me...

Meanwhile sir, do you think dangote would affiliate mini or standard filling stations when the much awaited refinery is ready and set for business...

Does he have plans of dealing with only the major marketers in the field?
.... make i know weda to start scouting for mushroom stations but in a strategic place

ahiboilandgas:
If u invest 10m now u will get about 18m in 7 years time if naira is now 520 in 2027 u will get 34000 dollars dollars ....an investment of 25000 dollars now your profit is 9000 dollars over 7 years .......just over 100 dollars profit per months.....if u have any thing that can give u better than 120 dollars on a investment of 25000 dollars is better than the bond...

ahiboilandgas:
in a deregulated market if crude jump to 60 pms jumps to 180 in pump stations and prob 200 in maiduguri ....according to nnpc the markets has been deregulated....if price of limestone increase...cement go rise

pluto09:
Government said it is deregulated and they are still fixing the price. This is quite different from what we have with cement.
We still have a long way to go in the oil and gas sector

Alaska90:
Please can you expatiate on that...taking into consideration the current 7 years Sukuk offer

I am not that comfortable with that tenor

unite4real:
It boils down to the unpredictability of the system. Do u remember the short time it took TB to nose dive from over 18% and down to 3. Anything can happen in a short time in Nigeria. The guys making the kill in the stock market in Nigeria presently are the ones that do short term. Checking the market all the time and trading. Some guys buy and sell same stock same day.

Long term Bond are usually favourable to corporates, Pension Fund administrators, Banks and state governments. this is primarily for business continuing from constant liquid.

yazga:
Thank you sir but I don't understand the calculation is it 2m *11.2% divided by 12

yemibayo:
I don't think you will make profit with this kind of strategy

yemibayo:
I don't think you will make profit with this kind of strategy

Crazeworld:
What you get on your investment after seven years is 78.4 percent of your capital.

unite4real:
A friend of mine bought Zenith worth 2M at 11 naira per share on 12th March.

[b]3 days later sold at 13.4. [/b]he made almost 430k. About 21%

He bought first bank on a particular day I can't remember with 3.5M and sold next day with about 4.70 and sold at 5.10 next day
That's 40k gain. That's over 8% by next day.

Some people use it like forex.

It's a risky method but guys are doing it and cashing out.

unite4real:
A friend of mine bought Zenith worth 2M at 11 naira per share on 12th March.

3 days later sold at 13.4. he made almost 430k. About 21%

He bought first bank on a particular day I can't remember with 3.5M and sold next day with about 4.70 and sold at 5.10 next day
That's 40kobo gain. That's over 8% by next day.

Some people use it like forex.

It's a risky method but guys are doing it and cashing out.

For me, I am not in that category. I no need heart attack

author=mra123 post=89913204]Thanks for this analysis. However, given the situation we are in, I doubt if naira is not going to fall to above 520 to a dollar by year 2027. Would you please suggest other investment opportunities that would provide higher return compared to the sukuk bond?

unite4real:
A friend of mine bought Zenith worth 2M at 11 naira per share on 12th March.

3 days later sold at 13.4. he made almost 430k. About 21%

He bought first bank on a particular day I can't remember with 3.5M and sold next day with about 4.70 and sold at 5.10 next day
That's 40kobo gain. That's over 8% by next day.

Some people use it like forex.

It's a risky method but guys are doing it and cashing out.

For me, I am not in that category. I no need heart attack

naijaoyibo:
Why do you think so?

Olaide1295:
MTN Nigeria Communications Plc announces N100 billion commercial paper issuance

https://nairametrics.com/2020/05/24/mtn-nigeria-communications-plc-announces-n100-billion-commercial-paper-issuance/