oladipuposadeeq:
I am telling you and I have been to court rooms with prosecutors and lawyers and you will be shocked to people that commit offences that you will see kororo like this and they would still plead not guilty your honour and you saying make uh na dey think b4 uh na dey argue for public shows how empty headed you are, you will be surprised how the judicial system works. Our polithiefians that embezzle billions even in murder cases that the person have numerous evidences against him/her they would still plead not guilty and the case would linger. One of the things that nailed her coffin is she pleading guilty and also she doesn't have enough resources like the plaintiff to make the case go on for years.

Going to the courts on a daily basis with SANs or sleeping in the court room does not automatically translates to being a lawyer.

Remember, your argument is, lawyers will NEVER tell you to plead guilty.

Go and learn how to use the word " NEVER" in addition to arguing logically.

Good Morning.

Fibonacci88:

This douchebag u will be hopping from thread to thread spewing rubbish on threads beyond ur capacity. If u were sensible enough to comprehend the write up u will see that not all banks mentioned there are tier 1 bank. I gave a reason why a sell off is reasonable but the stupidity in u couldn't comprehend what booking profit or mitigating risk meant. U have never owned a stock before I don't expect u to understand investment terminologies. Go stick with ur trolling threads this post is beyond ur capacity.

Read my comment to the other guy It will educate you.

Without being immodest, I can boldly say I have been owning shares when you were a toddler. It is not everyone on Nairaland that is your presumed never do well.

I do not troll. I only take time to correct people with little knowledge claiming CRonaldo In topics they have little knowledge.
I strongly recommend my other comment to you.

perfri:
The person you quoted is actually right. when these banks recapitalize, this wouild mean issuing new shares in the market, which can reduce the ownership percentage and earnings per share for existing shareholders. This dilution could put downward pressure on the stock price. So actually, existing shareholders may likely want to sell off their stocks.

You are partially right.
For now, the banking stocks and the rest of the market is bearish because investors especially the institutional ones have a more lucrative alternative in the fixed income market as a result of the increase in MPR.

Hold me by my words. When the results of the tier one banks starts to flow into the market. By then, this theory of shares dilution will not hold.

Fluctuations in share prices is determined by so many factors so being tentative about the re- capitalisation as the major reason for now is lame and lazy.

oladipuposadeeq:
most people don't understand this, I doubt she had a lawyer but if she did, the lawyer would never tell her to plead guilty except he/she is walking for the plaintiff 😪

A lawyer will tell her never to plead guilty?
The way you people exhibit crass and gross ignorance on this platform is amazing.

Perhaps, you are not aware there is a prosecutor in any case?

Perrhaps, you are not aware that it is the evidence brought by the prosecutor against you in a case inspite of your plea that matters to the judge?

Perhaps, you are not aware that the please of being guilty is to enable your lawyer plead for a lighter sentences?

Perhaps, IBINABO FIBRESIMA who pleased guilty in her manslaughter case did not have a lawyer?

Perhaps, you have a list of offenders who did not plead guilty in spite of the litany of evidences against them but were ordered to go to TRANSCORP Hotel for a plate of pepper soup and cold beer right from the court.

Make una dey think before una argue for public.

Fibonacci88:
It's anticipated. Most banks are going to issue IPOs to raise funds to meet CBN capitalization requirements. Investors already holding these highly priced shares will need to dump some and book profit and mitigate risk when these banks go public.

You are trying hard to sound knowledgeable but you are not.
Is it only the tier 1 banks that are responsible for the current fall?

Who told you people holding a particular stock will dump when the company plans to raise additional capital?

Dumping to book profit to mitigate risk?
What risk is being mitigated with the dumping?

It is not a must you should comment here.
Take the little knowledge you have to the beer parlour.

onez:
Like every policy of this failed and illegitimate govt, that recapitalization is a bad policy at the moment. We keep putting the cart before the horse. The policy should be suspended asap. What we need now is stability of the economy before any recapitalization.

The usual MUMU comment.

Go and comment on Bobrisky. That is where you belong.

They are always the one.

They defamed Eniola Badmus.
They defamed Raji Fashola
They defamed Nathaniel Bassey.

But hey know how to cry victimisation.
They know how to cry marginalisation.

Ndi Werey.

sammiewrite:
This is not his first time. He has done something similar to Seyi Law and another celeb in the past. He is only feigning remorse because Bassey didn't ignore him like the others. After Nathaniel Bassey is done with him, Mercy Chinwo should follow suit.

Mercy has gone to court too.

The judge of the court has given them a date in April to appear before the court.

Breaking news in Punch.

Frigga13:
Yoruba people don hype Wike go buy trouble wey big pass am

And it will be a shame to withdraw his words.. he go eat am neat.

Ukachukwu Na solid being for Abuja .. with long connect in the north..

Why fighting on so many fronts and bringing trouble for your pay master..

Right now..
Make I ask Yoruba people

Is Wike an assets or liability to Tinubu ?

How many votes can Wike give Tinubu in 2027? Or he will betray him after burning his bridges like he did to others?

I had an award in place for the fool that will bring Yoruba into this conversation.

Congratulations for winning the award.

Owon:

I have written to naicom more than 10x and no single response.
They don't pick up their phones as well.

Maybe they have gotten worse over time. I only shared my own experience with them.

Most companies in Nigeria do not pick calls. The phone numbers are only there for public viewing.

Forget about replying to emails.

It is disheartening really.

socialmediaman:
Things that happened within Tinubu's 1 Year in office:

1. Foreign investors lost over 50% of the value of their investments in Nigeria

2. Price of foodstuff skyrocketed by over 50%

3. Petrol prices skyrocketed by over 100%

4. Electricity tariffs increased for many Nigerians (Band A) by over 300%

5. Poverty rate in 2024 is projected to increase to 38.8%

6. Minimum wage remains N30,000
Y
#NigeriansWillNotForget

And your wailing increased by 2000 percent

madone:
Oga go and explain to the police simple

The statement he issued is even unrepentant, sourcy and arrogant.

OblorOblor:
Forfeiture of 10% is only when you want to liquidate before maturity. If they have refused to pay even after maturity, then the client should be entitled to his SUM ASSURED plus some remedy/compensation if the matter goes to court, depending on his prayer to the court.

It is the lawyer that may likely cherge you the ten percent. That was what I paid to the lawyer.

My investment had matured then so they paid me my full amount of I could remember.

Owon:

This doesn't make sense.
Let's say someone started 30k monthly contributions 5 years ago when the value of 30k is like 100k now, or roughly 40k round the years in total, even if the person is given back 100% of the total contributions, IT'S STILL A LOSS!
If 30% is taking out of 2m, that's 600k.
While will 600k be deducted from someone's money? For what? As what?

Then get a lawyer from a reputable law firm to write them but be ready to sacrifice ten percent.

It worked for me.
It can work for you.

Owon:

African Alliance company PLC has refused to pay me and many others their insured money, months and years after maturity.
THEY HID UNDER THE CLOAK OF ISLAM, WITH THEIR FRAUDULENT TAKAFUL SAVINGS PLAN TO DEFRAUD PEOPLE.
I have written several emails to them without a single response.
I have been to their office at Ikoyi last month to warn them and that my return won't be good...

I HAVE WRITTEN SEVERAL COMPLAINTS AND REPORT TO THE USELESS NIACOM THAT'S SUPPOSED TO BE INSURANCE COMPANY POLICE TO PUT THEM TO CHECK, BUT THE USELESS NIACOM IS NOT EVEN RESPONDING.
I THINK AFRICAN ALLIANCE INSURANCE COULD HAVE BRIBED THEM...

Please I want suggestions from people who have had similar experiences with these evil and criminal insurance companies and how they were able to retrieve their money.

First, it may not be totally true that NAICOM is useless. I had a similar experience with IGI, wrote NAICOM and can remember vividly that they replied from their Abuja HQ. A dispatch rider delivered their acknowledgement of my complaint to my house.

Second, if the amount is sizeable, get a lawyer to write them and be ready to forfeit ten percent of the money. The lawyer should be from a notable law firm.

That was what I did and it yielded result.

Truth is, ten percent will not kill you o.

Half bread is better than puff puff.

maasoap:


What makes Obi different from Akpabio or Ganduje as a gov?

As lousy as Akpabio is, the best stadium in Nigeria today is to his credit.

As seemingly crocked as Ganduje is, some trade mark projects in Kano today are to his credit.

Please do not insult these men

barrydee:
Na wao! Agbadorians created a thread and employed all their minions to start commenting on the same thread.

Maybe you are Agbadorian too for commenting on the thread.

You are never tired of leaving your leprosy while paying attention to a mere eczema.

I just hope he will not tell us LP's bank account has burnt with the house.

Do not joke with a clown who claimed that NLC stole workers salaries.

Meter by-passing or in plain language, energy theft has just started.

Disco go hear am.

forerunner022:
If I were Nathaniel Bassey and I know from the depth of my heart my hands are clean over the matter, I will laugh over the matter and advice the fellow to go for a DNA test.

Unfortunately, you are not Nathaniel Bassey.

The masquerade a goat sees and look the other way, when a sees the same masquerade, it will bark ceaselessly.

Why always them?

Defame Nathaniel Bassey

Defame Raji Fashola

Defame Eniola Badmus.

And yet will cry victim all the time

Butterfly that thinks it's a bird

By the time you are pushed out of your official quarters, you will know we don't obey court orders in Nigeria.

Perhaps you know but just pretending

Reflect7:


DON’T MIND THEM.

EVEN TODAY, TRUMP’S DAUGHTER HAS TAKEN OVER THE REPUBLICAN PARTY TREASURY, AND THEY NOW USE THE PARTY FUNDS TO PAY TRUMP’S LEGAL FEES AMOUNTING TO $90,000 PER DAY!

The same America that is our role model. The same America we are expected to copy and emulate.

Trump appointed his daughter and son-in-law. Heaven did not fall and the western media were all mute.

I always enjoy it when people mention Jennyclay in matters like this.

Let's go ....

NinjaMetahuman:
that's why government cannot ban importation of petroleum under any circumstances like they did for cement.

Dangote should compete with imported product for a fair price.

Elementary economics will teach you what importation does to a country' s economy.

The major bulk of the pressure on the dollar that increases the need for dollar in Nigeria is the importation of petroleum products. Now that a private refinery is taking off and another Govt refinery is in the horizon, you are still clamouring for the importation of petroleum products.

What to do actually want? Or maybe I should ask, what do you know?

I am yet to see the comment of the clown whose sister works at DANGOTE refinery and has confirmed that year 2026 is the take off date.

If you are the one, please reply and quote me.

zomoears:


Strong words sha.

1,000,000l means 30-31 trucks per order.

Its not a playground for small players.

Maybe Nigerian Breweries should start selling to Beer parlours too in order to provide level playing ground for small players

londonerr:
Hmmmmmm good. But Afe Babalola University has something like this without noise.

But ABIA state assaulted us for weeks for something like this. Especially their online bingos.

CodeTemplar:
A responsible govt and not another that will kidnap you and hold you for weeks under inhuman conditions.

Wonderful.

All of a sudden, the government that has warned a citizen for expressing his opinion has suddenly become " responsible"

Only on Nairaland.

leokid866:
I don't know where you people always put your head cause it's been stated Nigerians have the cheapest cement in West Africa.....

The moment they hold on to a fallacy, nothing can ever change their mind even if you provide evidence.