₦airaland Forum

I thought most of the international news media like NYT, Economist etc predicted in their polls that Benjamin Netanyahu will lose the election.

What happened?

Igwe Barca

Final onslaught to the premiership teams.

TeamBarca

VENTURES AFRICA – After learning that Nigeria’s stock market grew almost 50 percent in just one year while watching a CNN special edition in 2013, Osagie Zogie-Odigie who is a Nigerian entrepreneur with an avid interest for capital market activities, decided to seek out more information about the companies driving this immense growth. To his disappointment, however, after scouring through a host of app stores on his mobile devices, not a single developer had published a comprehensive platform that tracked the activities of companies within the Nigerian Stock Exchange.

But rather than remain downbeat that the third fastest growing bourse at the time was without an active mobile app, Osagie took the challenge upon himself to change the trend. At the time, 2013 to be precise, the number of active internet users was about 67 million people, less than half its 170 million population. But this was an attractive figure for someone keen to reach an segment of the population keen on financial information and had the means of acquiring such data. Osagie saw an opportunity and was determined to grab it.

Two years later, the NSE Ticker was born, an app designed to monitor stock performances in real time, offering information on prices, heat maps, and the opportunity to compare with similar stocks when attempting a share purchase.

Ventures Africa recently sat down with this entrepreneur to discuss the prospects of this innovative platform and how this will help bridge the gap between investors and assets.



What gave rise to the creation of the NSE Ticker app?

Early in 2014, I read an article on CNN money that the Nigerian economy was the third fastest growing economy in the world in 2013 with an estimated growth of 6.3%. A second article by Stanbic IBTC revealed that the Nigerian Stock Exchange grew by 47% in 2013 alone – The fastest growing in stock market Africa. I went to the App Store to search for apps that allow users keep track of the fastest growing stock market in Africa. To my surprise, there was nothing! A search of the Google play store didn’t yield much better results as it only had a few mediocre websites refashioned with little creativity as mobile apps. My surprise quickly turned to indignation. We had made it into the 21st century but somehow the third fastest growing economy in the world had been left behind! When I made this discovery, it was estimated that about 75% of the 67 million Nigerian Internet users primarily accessed the Internet via their mobile devices. Over 50 million people! – That’s a huge number. How many of those people do you think might be interested in the activities on the NSE – as stockholders, potential investors or employees? It was clear to me that there was a need for flexibility in the monitoring experience offered to NSE market watchers. In some sense, my national pride was also bruised. The revealed gap took the shine off the NSE’s recognition as the fastest growing stock exchange in Africa as it left a lot to be desired. All too often, our potential for advancement remains just that – potential. In this case, I could do something about it and that’s how NSE Ticker was born.



Who is the primary consumer (target market)?

Professional and amateur investors, as well as stock market enthusiasts. NSE Ticker is able to cater for these different groups by presenting its data as different services. The current version of NSE Ticker offers four services namely: PRICES, HEAT MAPS, COMPARE and SNAPSHOT. For instance stock market enthusiasts will find the “SNAPSHOT” service useful and easy to understand. It simply provides an end of day summary of securities that the user is interested in. Whereas more serious investors will find the “COMPARE”, “PRICES” and “HEAT MAPS” useful for more detailed analytics.



What are some of the challenges you have faced in your quest to improve accessibility to the stock data?

The major challenge was to create an aesthetically appealing, intuitive and refreshing product that would compete favourably in the global market. There was no competition against other NSE apps, as they didn’t exist. However, we didn’t want that to be a reason to rest on our laurels. We decided it should be at least as good but preferably better than similar apps developed for the likes of the NYSE, FTSE etc. We knew it was a tough call especially as we didn’t have big budgets like other players. However, we believed that setting such an audacious goal would give us something worthy to aspire to and ensure that we constantly strive to make NSE Ticker better with each iteration.

Another challenge we faced was to make NSE Ticker cheap to run (in terms of data costs) in Nigeria. Mobile data costs are still relatively high in Nigeria and we didn’t want to alienate potential users for this reason. The app is designed to operate on very little bandwidth without compromising the quality or resolution of the data. Apart from that, all previously viewed historic data is saved on the device so it does not need to be downloaded every time a user needs access to it. Apart from keeping running costs low, this ensures that 95% of NSE Ticker’s functionality is available even when the user has no Internet connectivity – a common scenario for Nigerian mobile subscribers. Accommodating these functionalities made the design/development more complex and difficult.



How will it boost the flow of foreign direct investments into Nigeria?

We believe that if foreign investors have improved access to NSE data, they will be more inclined to invest. Accessibility to the market makes it easier to monitor activity and follow trends. NSE Ticker data is constantly available – even when the user is not connected. People always have their phones on them – this can only be good. NSE Ticker was released two weeks ago but has now been downloaded in 19 cities in 14 countries on all continents. This looks like a good sign to me.





In the ratio of local investors to foreign investors, a higher percentage of investment is realised from foreign stakeholders. What role will the NSE ticker play in the attraction of local investors to capital market assets?

Like I mentioned earlier more than 75% of Nigerian Internet users primarily go online via mobile devices. Until the NSE Ticker, there were practically no mobile applications for accessing NSE Data. There are lots of websites but trying to access websites (optimised for desktop screens) on a mobile device can be a painful experience. Who knows how many potential local investors got turned off as a result? We’ve all heard the slogan, “knowledge is power”. For potential local investors, an understanding of the market is key and we have developed NSE Ticker to provide accessibility to that knowledge. The local investor is the reason we made a lot of effort to ensure that 95% of the NSE Ticker’s functions are available offline. “All you can eat data plans” are not the norm for Nigerian mobile subscribers as is the case abroad. Designing a mobile app was not going to be enough. It had to be an app that was friendly to the Nigerian user. It meant more time to market, but we believed it was necessary. Our dream is for NSE Ticker to spark the development of similar quality apps for the NSE. We believe this attention to a significant part of our economy will make a shift in the ratio mentioned above more likely.



How will this app reshape the bias which arises from investors pulling back as a result of panic by foreign investors?

Didn’t you know? NSE ticker is the magic pill that will solve all investment – related issues. With NSE Ticker, the confidence of foreign investors will be restored and panic will be history..(laughs)!

On a serious note, the bias is a result of a complex combination of many different issues. Resolving those issues will help reshape the bias but it will take time. NSE Ticker cannot singlehandedly reshape the bias. It would be naive to think it can. NSE Ticker only attempts to address a few of these issues. For instance people are more likely to panic when they are in the dark. NSE Ticker addresses this by creating one more channel for investors and potential investors to be in touch (literally and figuratively) with the goings- on in the stock market. There is no longer the need to go back to your computer to verify some rumour. Just reach into your pocket, check your phone and tell the rumourmonger – “na lie you dey talk”….(laughs).

If NSE Ticker inspires the development of more apps (and we strongly believe it will) things will only get better.



The NSE had a target to hit $1 trillion market cap. How do you think this app will help spur the NSE in that direction?

Again, it’s all about improved accessibility to NSE data. If more people have access to NSE’s data, there will be a higher chance of more people making investments. The NSE will benefit a lot from improved access to its data. Search for “NYSE” on the App Store and you’d get over 100 relevant results. Do the same for the Nigerian Stock Exchange and you’d only get two relevant results! I’ll say it again – improved accessibility can only be good for The NSE.



How do you intend to commercialize this product?

The current version is Free with full functionality but with banner ads. Users can pay a fee to remove the banners. We would rather not have banners in our app as they detract from its aesthetic quality but we had to include banners to meet some of the running costs. That said, it is early days and we’re still making strides in the direction of commercialization. The important thing for us at the moment is giving users access to the unique functionalities of the NSE Ticker and gaining their confidence. You can’t have a commercially viable product if you don’t have demand so that’s what we’re focused on – making our users raving fans of the NSE Ticker.

*DISCLAIMER: NSE Ticker is an independently developed third party app. It does not belong to and was not developed by The Nigerian Stock Exchange.
Source

cc Seun, MrKnowitall

Wow! My amiable swaggerlicious President.

GEJ carry go till 2019

It is saddened and sickened to hear this. A complete act of wickedness and cowardice to the governor of Osun state. What joy does he has seeing families suffer?

Redoil:
yet people are making money enmass from the stock exchange and i don chop plenty money and clean mouth.
If you are in doubt click this link.
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/664
stop been intimidated by those figure lalasticlala posted, though, they are not false.
use ur head, follow the guru in nairaland and you will never regret it.
Feelamong, bigass myjoy08 stockbull et al ur attention is needed here

Couldn't have said it better. People are making money, designing investors are taking full advantage of the opportunities. Opportunities like this, you only experience not more than five times in your entire life.

tegbeyemi01:
Ppl like u are d problems of this country..brain dead is wat i call u..either u didnt go thru a good skul, ue nt exposed or ur blinded by ethnicity.. In any civilized world this cant happen..

Someone is pained, you can cry me a river. Power doesn't make noise, the more the noise the less the power.

Loser go hide your face in shame.

Congratulations Senator Obanikoro for your appointment as a Minister for the Federal Republic of Nigeria once more.

APC should hide their heads in shame, this confirms that you're all just noise makers.

Congratulations Senator Obanikoro for your appointment as a Minister for the Federal Republic of Nigeria once more.

APC should hide their heads in shame.

Power doesn't make noise, the more the noise the less the power.

Losers

How about these

Reference

I took my time to go through this thread from the beginning to this point, yes every single comment. I must give kudos to you guys. I mean you, yes you.

As an aspiring young oil palm small holder, I have learnt so much from the thread. I have done loads of research in this field but the information I've got from here is second to none.

The real life and practical lessons here have really inspired me more, things I never thought of or came across during the course of my research have all been dealt with and future opportunities.

My dad would always say that there is no substitute for experience and it remains the best teacher till date but learning from the experiences of others and avoiding some careless mistakes makes one even more smarter. That's exactly what I have learnt from this thread.

I have been able to put together some funds and going by this thread its time to take action and START.

From the acquisition of farmland to the sales of the product, everything will be well detailed out.

I'll be posting update on this thread and whenever I need help I can always run here for one.

Once again I thank you all.

Reference

Beautiful people everywhere

Great thread, welldone OP

knightsTempler:

Koso??

Choco.... 2x
choco milo
choco milo
one by one

PointB:
Lol, thankx

Which chapter do you adjudge better?

Menh both! I couldn't just get enough of them.

You nailed it.

Woooow! Respect!!

Creativity and ingenuity. Welldone lad

#NeverAgain will this guy rule this country

#NeverAgain

#NeverAgain

A member of the House of Representatives in Nigeria, misquotes an idiomatic expression. He said: "What is good for the gender is good for the goose" instead of "what is good for the goose is good for the gander".


https://www.youtube.com/watch?v=L-gSN-nE-Bw

Illiterate party AfeeCee

God bless our troop.

About time they smoked those buggers out of them forests. There is nothing wrong with the Nigerian Army. But there is something wrong with soldiers drawn from an ethnic group that sabotages the efforts of its national army because they think that victory for the army is tantamount to victory for the commander-in-chief who is from outside their zone and religion.
When Ihejirika succeeded in routing Boko Haram from every state in the North and consigned them in Sambisa Forest, northern elders complained of genocide saying that Ihejirika was taking a revenge on the north because of Biafra. How sad that a people could reason that way when General Ihejirika did everything to keep our cities, villages and borders in the North safe. But that propaganda message by Northern Elders worked because it affected arewa/ muslim soldiers in the Nigerian Army fighting Boko Haram.
Whenever battles and offensives are planned, some of them would either not be available or they would leak tactical and strategic information to Boko Haram. We saw how entire army cache of weapons were lost to Boko Haram in circumstances that today looked very puerile and unprofessional. All to make Jonathan look weak and clueless so that a particular political party led by a particular candidate more favorable to Boko Haram would upstage President Jonathan in the elections.
President Jonathan now negotiated the formation of a multi-national force with the front line states of Chad, Niger and Cameroon etc and gave the multinational force some leeway into offensives whose criticality would not be compromised by fifth columnists within the army. You can see this army routing Boko Haram everywhere because there is minimal or zero sabotage. That is the reality of the situation on the ground. Suddenly, those who say that Jonathan is clueless have nothing more to say. Some day, when the truth shall be told in the open, we will get to know those who really love this country and those who are jobbers and passing themselves off as nationalists. Nigeria will win the war on terror and bring this sad phase of its national history to an end

JayKayMaybachz:
Bros when yhu travel around you'll come to realise Nigeria is a very nice country

.... . .

If not corrupted politicians putting us in the dark, Nigeria would've been the best country in the world

I love Nigeria


I pray God to give us leaders that will move this wonderful nation forward with purpose

Nice piece bro

You couldn't have said it better. I've come to realized that all we need are better leaders and good governance for Nigeria to become one of the greatest nations of the world.
Nigeria is blessed by nature, Intelligent and hardworking people, good weather, raw materials, fertile ground for agriculture, strategically located to mention a few.

cc Seun, justwise and DisGuy

Please do the needful.

Thanks

As someone rightly said India has a deep rooted social issues. I was in India recently for 3 months on an official assignment and what I saw with my eyes were unbelievable. I have travel through out my life and had so many experiences but my experience in India chewed the biscuit.
I just feel pity and empathy for ladies over there most especially this Nigerian lady in particular. The system is so fcu.k that when serious issue like this is reported the authority just treat it in disdain. That is why their ladies rather commit suicide than reporting to the authority.
Ladies in India are treated like trash, they've been so relegated to the background to the extent that they're made to believe and accept men as higher and superior being than them.
Dating is a taboo in India little wonder you hear of these social vices on a daily basis. Ladies are not allow to go out with a guy, any lady seen with a guy is treated with disdain, suffers humiliation and harassment. The married ladies are meant to treat their husband as gods, like they're always right.
The men are like zombies, very lazy, ignorant, silly and so feeble minded. They don't know what hustling is all about, they live with their parents until they're married off. The system has made them to practice all sort of evils from rape to homosexuality.
It is true that in India parents have to choose and decide who their wards get married to. The young men and ladies don't have a say on who they married, really obscene.
I had so many nasty experiences there that made me to think if these people are really from a different planet. There was a case where a man went to visit a widow and he was killed by some hoodlums in the community for reason being that he shouldn't be visiting her. I was like what the fcu.k.....
The poverty and literacy level in India gave me more hope for Nigeria, that truly we're blessed. I saw men moving on the street tying short wrapper and when I asked out of curiosity, I was told it's their national style of dressing. OK.
I met with some of our African folks that were there for one thing or the other, even foreign students and their narratives weren't pleasant at all. They're all waiting and eager to leave.

Well as the saying goes “If you reject the food, ignore the customs, fear the religion and avoid the people, you might better stay at home.” – James Michener
As a traveler, I always tend to take something positive everywhere I go. On my short stay in India, one remarkable thing that amazed me was the fact that amidst the poverty level in India, they have strong institutions, power sector, manufacturing and agriculture are all working. No power failure at all, food are cheap, and ofcourse they have some of the best delicacies in the world.

I will use this opportunity to advise anyone not to consider India as a tourist or greener pasture destination, even studying there is not pleasant at all, they're not friendly people.

God bless Nigeria my country.

As someone rightly said India has a deep rooted social issues. I was in India recently for 3 months on an official assignment and what I saw with my eyes were unbelievable. I have travel through out my life and had so many experiences but my experience in India chewed the biscuit.
I just feel pity and empathy for ladies over there most especially this Nigerian lady in particular. The system is so bleeped that when serious issue like this is reported the authority just treat it in disdain. That is why their ladies rather commit suicide than reporting to the authority.
Ladies in India are treated like trash, they've been so relegated to the background to the extent that they're made to believe and accept men as higher and superior being than them.
Dating is a taboo in India little wonder you hear of these social vices on a daily basis. Ladies are not allow to go out with a guy, any lady seen with a guy is treated with disdain, suffers humiliation and harassment. The married ladies are meant to treat their husband as gods, like they're always right.
The men are like zombies, very lazy, ignorant, stupid and so feeble minded. They don't know what hustling is all about, they live with their parents until they're married off. They system has made them to practice all sort of evils from rape to homosexuality.
It is true that in India parents have to choose and decide who their wards get married to. The young men and ladies don't have a say on who they married, really obscene.
I had so many nasty experiences there that made me to think if these people are really from a different planet. There was a case where a man went to visit a widow and he was killed by some hoodlums in the community for reason being that he shouldn't be visiting her. I was like what the Bleep.....
The poverty and literacy level in India gave me more hope for Nigeria, that truly we're blessed. I saw men moving on the street tying short wrapper and when I asked out of curiosity, I was told it's their national style of dressing. OK.
I met with some of our African folks and their narratives weren't pleasant at all. They're all waiting and eager to leave.

Well as the saying goes “If you reject the food, ignore the customs, fear the religion and avoid the people, you might better stay at home.” – James Michener
As a traveler, I always tend to take something positive everywhere I go. On my short stay in India, one remarkable thing that amazed me was the fact that amidst the poverty level in India, they have strong institutions, power sector, manufacturing and agriculture are all working. No power failure at all, food are cheap, and ofcourse they have some of the best delicacies in the world.

I will use this opportunity to advise anyone not to consider India as a tourist or greener pasture destination, even studying their is not pleasant at all, they're not friendly people.

God bless Nigeria my country.

God bless our troop!!

About time they smoked those buggers out of them forests. There is nothing wrong with the Nigerian Army. But there is something wrong with soldiers drawn from an ethnic group that sabotages the efforts of its national army because they think that victory for the army is tantamount to victory for the commander-in-chief who is from outside their zone and religion.
When Ihejirika succeeded in routing Boko Haram from every state in the North and consigned them in Sambisa Forest, northern elders complained of genocide saying that Ihejirika was taking a revenge on the north because of Biafra. How sad that a people could reason that way when General Ihejirika did everything to keep our cities, villages and borders in the North safe. But that propaganda message by Northern Elders worked because it affected arewa/ muslim soldiers in the Nigerian Army fighting Boko Haram.
Whenever battles and offensives are planned, some of them would either not be available or they would leak tactical and strategic information to Boko Haram. We saw how entire army cache of weapons were lost to Boko Haram in circumstances that today looked very puerile and unprofessional. All to make Jonathan look weak and clueless so that a particular political party led by a particular candidate more favorable to Boko Haram would upstage President Jonathan in the elections.
President Jonathan now negotiated the formation of a multi-national force with the front line states of Chad, Niger and Cameroon etc and gave the multinational force some leeway into offensives whose criticality would not be compromised by fifth columnists within the army. You can see this army routing Boko Haram everywhere because there is minimal or zero sabotage. That is the reality of the situation on the ground. Suddenly, those who say that Jonathan is clueless have nothing more to say. Some day, when the truth shall be told in the open, we will get to know those who really love this country and those who are jobbers and passing themselves off as nationalists. Nigeria will win the war on terror and bring this sad phase of its national history to an end.

1. Not wearing make-up
2. Not locking the bathroom door
3. Wearing pyjamas/lounge wear
4. Breaking wind in front of them
5. Not shaving your legs/face
6. Wearing your less attractive/non-matching underwear
7. Doing his/her laundry
8. Going to the toilet with the door open
9. Confiding in them over health concerns
10. Letting them look after you when you're ill
11. You don't mind crying in front of them
12. Taking calls/visits from their family
13. 'Letting yourself go' without worrying about it
14. Laughing when they take the mickey out of you
15. Letting them have house keys
16. Happy to have a conversation while naked
17. Knowing their views on marriage and kids
18. Telling them when they need a mint/deodorant
19. Shaving in front of them
20. Asking them to squeeze a spot/pluck a hair
21. Not fretting at the prospect of being in swimwear in front of them
22. Showering together
23. Going clothes shopping together
24. Making their lunch to take to work
25. Answering their phone
26. Leaving clothes at each other's houses
27. Telling them your hang-ups
28. Finishing each other's sentences
29. Calling them by a pet name
30. Talking about/knowing about ex-partners


Do you go au natural around your partner, chat to them while naked and do their laundry? You've officially hit the comfort zone.
New research reveals that relationships hit the comfort phase after exactly 11 months and 24 days - when you're happy to squeeze each other's spots, leave the toilet door open and tell all about ex-partners.
The research analysed 2,000 couples and found it takes almost a year to get used to sharing your life and living space with a significant other.

And the key signs you've entered the comfort zone include allowing your other half to see you when ill, without make-up on and in your lounging clothes.
Using the toilet without locking the door, feeling free to cry in front of your partner and letting them look after you when poorly are other sure signs of being in a comfortable relationship.

The poll also found having the confidence to tell a partner if their breath is a little smelly or if they need a squirt of deodorant without them taking offence is a strong sign that a relationship has serious potential.
It may seem gross to some, but squeezing each other's spots or plucking stray hairs is another sign a relationship is definitely comfortable. And the cliche of finishing each other's sentences still rings true - appearing inside the top 30 signs of a comfortable partnership.

Body confidence was a continuous theme, with being more relaxed about shaving, physical appearance overall and wearing swimwear in front of your partner all being cited as good markers for a relationship lasting the pace.
It's not always smooth sailing though - a third have been in a relationship where their partner got too comfortable too quickly and the illusion of a perfect relationship is most commonly broken when the man breaks wind in front of his partner.
Nearly a fifth said a new partner had overstepped the mark by getting in touch with their family members too early, or asking about ex-partners.

A spokesperson for Measure digital bowel health test, who commissioned the research, said: 'It's interesting to see that it takes nearly a year for people to feel they can really be comfortable around each other.
'At first we're very conscious and don't want to be seen as anything but our best, but gradually over time we let people in more and more as our trust and confidence builds.
'Some might say the signs you've reached that place in a relationship can signal an end to the romance, but it's a good sign that you're comfortable in your partner's presence and can share any topic or worry with them without fear of being judged.'

Source

My thoughts and prayers are with our troops. God will continue to strengthen and give them the capacity to defeat these monsters.

TY Danjuma: All these militants should be arrested and put in jail for their careless statements

Militants: We'll blow up all TY Danjuma's oil investments in the ND

TY Danjuma: Please na joke I de joke o