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Seun's Posts

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RomanceRe: Settle Your Nairaland Romantic Disputes Here by Seun(mod): 1:30am On Jul 01, 2009
And what is the case?
ProgrammingRe: Threads In Java- Can Someone Help With A Pratical Explanation Of It's Concept? by Seun(mod): 1:01am On Jul 01, 2009
TravelRe: 2010 Dv Lottery Program by Seun(mod): 8:59pm On Jun 30, 2009
PoliticsRe: 10, 000 Girls To Be Repatriated To Nigeria (from Morocco And Libya) by Seun(mod): 11:13pm On Jun 29, 2009
Hmmm, I think the solution is for women to start respecting themselves more.
You can blame the men, but it's a waste of time because they are not the ones suffering.
PoliticsRe: Nigerians: The Happiest People And The Most Stupid? by Seun(mod): 9:28pm On Jun 29, 2009
Happiness is the highest goal a human being can achieve. 
If we're happy, it's not a bad thing: as long as the happiness is sustainable.
Nairaland GeneralRe: Nigerians: The Happiest People And The Most Stupid by Seun(mod): 9:24pm On Jun 29, 2009
ProgrammingRe: How To Convert A 20-digit Numeric Value From Base10 To Base36 In C# by Seun(mod): 10:35am On Jun 27, 2009
the number he's trying to convert is only 20 digits long.
PhonesRe: Is Having More Than Three Mobile Lines Extravagant? by Seun(mod): 1:14am On Jun 27, 2009
It's not particularly extravagant, but it's cumbersome as hell. 
How does it prevent hidden charges?
InvestmentRe: Nigerian Stock Exchange (NSE) Weekly Updates by Seun(mod): 11:45pm On Jun 26, 2009
June 26, 2009 Market Report
Source: Nigerian Stock Exchange

A turnover of 2.64 billion shares worth N20.64 billion in 36,728 deals was recorded this week, in contrast to a total of 2.75 billion shares valued at N25.34 billion exchanged last week in 53,259 deals.

There were no transactions in the Federal Government Development Stocks, State Government Bonds and Industrial Loans/Preference Stocks sectors.

The Banking subsector was the most active during the week (measured by turnover volume), with 1.25 billion shares worth N13.83 billion exchanged by investors in 21,647 deals. Volume in the Banking subsector was largely driven by activity in the shares of Guaranty Trust Bank Plc, United Bank for Africa Plc, Access Bank Plc and Diamond Bank Plc. Trading in the shares of the four banks accounted for 694.5 million shares, representing 55.5% of the subsector’s turnover.

The Insurance subsector, boosted by activity in the shares of Goldlink Insurance Plc and Standard Alliance Insurance Plc, followed on the week’s activity chart with a turnover of 544.94 million shares valued at N565.7 million in 3,694 deals.

Last week, the Banking subsector led on the activity chart and was followed by the Insurance subsector.

Price Movement:
The All-Share Index dropped by 10.71% to close on Friday at 25,813.55. The market capitalization of the 193 First -Tier equities closed lower at N5.9 trillion. Also, The NSE-30 Index dropped by 8.84% to close at 873.99.

Only one of the four sectoral indices appreciated - The NSE Oil/Gas Index rose by 0.28% to close at 399.33. However, The NSE Food/Beverages Index dropped by 7.0% to close at 491.03. The NSE Bankin g Index dropped by 13.73% to close at 433.46. The NSE Insurance Index dropped by 7.53% to close at 369.91.

Twelve (12) stocks appreciated in price during the week, lower than the fifty - six (56) in the preceding week. Total Nigeria Plc led on the gainers’ table with a gain of N14.05 to close at N169.05 per share while Nestle Nigeria Plc followed with N8.89 to close at N189.00 per share. Other price gainers’ in the Top 10 category include:

• Mobil Oil Nigeria Plc - N5.12

• Benue Cement Company Plc - N2.84

• May & Baker Nigeria Plc - N0.90

• University Press Plc - N0.90

• Lafarge Cement WAPCO Nig. Plc - N0.67

• Longman Nigeria Plc - N0.64

• Neimeth International Pharmaceutical Plc - N0.64

• International Breweries Plc - N0.31

One Hundred and Two (102) stocks depreciated in price during the week, higher than the sixty - seven (67) in the preceding week. UAC of Nigeria Plc led on the price loser s’ table, dropping by N6.00 to close at N35.00 per share while Flour Mills of Nigeria Plc followed with a loss of N5.14 to close at N22.86 per share. Other price losers in the Top 10 category include:

• Julius Berger Nigeria Plc - N4.66

• Nigerian Breweries Plc - N4.50

• Ecobank Transnational Inc. - N4.07

• Zenith Bank Plc - N3.80

• Nig. Bottling Co. Plc - N3.37

• Oando Plc - N3.35

• Guinness Nigeria Plc - N3.20

• African Petroleum Plc - N3.11

Two equity prices were adjusted for dividend as recommended by the Board of Directors. Nigerian Breweries Plc was adjusted for an interim dividend of N1.30 per share. UTC Nigeria Plc was adjusted for a dividend of N0.03 per share.

COMPANY NEWS
OANDO PLC: Audited result for the year ended 31st December 2008 shows Turnover of N339,420.43 million as against N185,892.1 million in 2007. Profit after tax stood at N8,343.32 million compared with N6,343.6 milli on in 2007. The stock price had on August 15, 2008 been adjusted for an interim dividend of N3.00 per share, thus bringing the total gross dividend to N6.00 per share. The date of closure of register is July 6, 2009 while payment date is August 3, 2009. The Annual General Meeting is scheduled to hold at Ibom Hall, Babangida Avenue, Uyo, Akwa Ibom State on Thursday, July 30, 2009.

MAY & BAKER NIGERIA PLC: Audited result for the year ended 31st December 2008. The Board of Directors is recommending a dividend of N0.40 per share. The date of closure of register is July 16, 2009 while payment date would be advised later. The 55th Annual General Meeting is scheduled to hold at Muson Centre, Onikan, Lagos on Tuesday, July 28, 2009.

CHAMS PLC: Audited result for the year ended 31st December 2008 shows Turnover of N2,400.34 million as against N4,467.2 million in 2007. Profit after tax stood at N193.02 million compared with N799.32 million in 2007. The Board of Dir ectors had earlier recommended a dividend of N0.03 per share. The date of closure of register is July 10, 2009 while payment date is August 3, 2009. The 26th Annual General Meeting is scheduled to hold at Plot 1288 Ahmadu Bello Way, Garki, Abuja on Friday, July 31, 2009 by 11.00a.m.

ABBEY BUILDING SOCIETY PLC: Audited result for the year ended 31st October 2008 shows Turnover of N1,164.91 million as against N630.01 million in 2007. Profit after tax stood at N189.5 million compared with N111.3 million in 2007. The Board of Directors is recommending a dividend of N0.03 per share. The date of closure of register is July 7, 2009 while payment date is July 20, 2009. The Annual General Meeting is scheduled to hold at Lagoon Restaurant, 1C Ozumba Mbadiwe Street, Victoria Island, Lagos on Thursday, July 16, 2009 by 11.00a.m.
ALUMINIUM EXTRUSION INDUSTRIES PLC: Audited result for the year ended 31st December 2008 shows Turnover of N1,311.9 million as against N1,042.4 mill ion in 2007. Profit after tax stood at N71.45 million compared with N51.7 million in 2007. The date of closure of register is September 25, 2009. The 22nd Annual General Meeting is scheduled to hold at the Banquet Hall of Metropolitan Hotel, Murtala Mohammed Highway, Calabar, Cross River State on Friday, October 9, 2009 by 11.00a.m.

LIVESTOCK FEEDS PLC: Audited result for the year ended 31st December 2008 shows Turnover of N2,368.6 million as against N932 million in 2007. Profit after tax stood at N45.74 million compared with N34.7 million in 2007. The date of closure of register is July 16, 2009. The 45th Annual General Meeting is scheduled to hold at Lagos Airport Hotel, Ikeja Lagos on Thursday, July 23, 2009 by 11.00a.m.

NIGER INSURANCE PLC: Audited result for the year ended 31st December 2008 shows Gross Premium of N5,324.8 million as against N3,874.22 million in 2007. Profit after tax stood at N206 million compared with N657.02 million in 2007. The Board of Directors is recommending a dividend of N0.05 per share and bonus of 1 for 10. The date of closure of register is July 13, 2009 while payment date is August 10, 2009. The 39th Annual General Meeting is scheduled to hold at Tinapa Business & Leisure Resort, Adiabo, Calabar on Thursday, July 23, 2009 by 10.00a.m.

SOVEREIGN TRUST INSURANCE PLC: Audited result for the year ended 31st December 2008 shows Gross Premium of N3,811.74 million as against N2,487.75 million in 2007. Profit after tax stood at N360.8 million compared with N357.8 million in 2007.

The date of closure of register is July 13, 2009. The Annual General Meeting is scheduled to hold at AGIP Recital Hall, Muson Centre, Onikan, Lagos on Wednesday, July 15, 2009 by 11.00a.m.

SMART PRODUCTS NIGERIA PLC: Audited result for the year ended 31st December 2008 shows Turnover of N13.32 million as against N12.55 million in 2007. Profit after tax stood at N2.5 million compared with N3.9 m illion in 2007. The Board of Directors had earlier recommended a dividend of N0.06 per share. The date of closure of register is July 6, 2009 while payment date is July 17, 2009. The Annual General Meeting is scheduled to hold on Friday, July 17, 2009.

NIGERIAN BOTTLING COMPANY PLC: Unaudited result for the first quarter ended 31st March 2009 shows Turnover of N23,199.0 million, as against N19,364.0 million in the comparable period of 2008. Profit after tax stood at N1,054.0 million compared with N1,164.0 million in 2008.

VITAFOAM NIGERIA PLC: Unaudited result for the half year ended 31st March 2009 shows Turnover of N4,840.8 million, as against N4,107.92 million in the comparable period of 2008. Profit after tax stood at N289.9 million compared with N298.01 million in 2008.

SCOA NIGERIA PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1,648.0 million, as against N1,322.0 million in the comparable period of 2007. Profit after tax stood at N406.0 million compared with N777.0 million in 2007.

CORNERSTONE INSURANCE PLC: Audited result for the year ended 31st December 2008 shows Gross Premium of N3,812.3 million as against N2,775.8 million in 2007. Loss after tax
stood at N419.5 million compared with profit after tax of N325 million in 2007. The date of closure of register is July 13, 2009. The Annual General Meeting is scheduled to hold at AGIP Recital Hall, Muson Centre, Onikan, Lagos on Wednesday, July 15, 2009 by 11.00a.m.

CORNERSTONE INSURANCE PLC: Unaudited result for the first quarter ended 31st March 2009 shows Gross Premium of N1,107.6 million, as against N948.7 million in the comparable period of 2008. Profit after tax stood at N187.6 million compared with N528.93 million in 2008.

VONO PRODUCTS PLC : Unaudited result for the first quarter ended 31st March 2009 shows Turnover of N151 million, as against N169.4 million in the comparable period of 2008. Loss a fter tax stood at N21.23 million compared with N50.01 million in 2008.

RED STAR EXPRESS PLC: The Company informed The Exchange that the Board of Directors meeting earlier scheduled to hold Friday, June 26, 2009 would now hold on Friday, July 10, 2009 by 11.00a.m. The shift became necessary as the 2008/2009 year end audit is yet to be concluded by the auditors.

COMPANY FORECASTS
NIGERIAN BOTTLING COMPANY PLC: The Company forecasts Turnover of N45,277.0 million and profit after tax of N1,507.0 million during the half year ending June 30, 2009.

LIVESTOCK FEEDS PLC: The Company forecasts Turnover of N4,116.65 million and profit after tax of N193.5 million during the full year ending December 31, 2009.

UNIVERSITY PRESS PLC: The Company forecasts Turnover of N926.2 million and profit after tax of N101.22 million during the half year ending September 30, 2009.

FIDSON HEALTHCARE PLC: The Company forecasts Turnover of N1,711.93 million and profit after tax of N161.6 million during the first quarter ending September 30, 2009.

REPORT ON THE OTC MARKET FOR FGN BONDS
A turnover of 328.45 million units worth N334,352.44 million in 1,927 deals was recorded this week, in contrast to a total of 250.8 million units valued at N257,482.64 million exchanged in 1,396 deals during the week ended Thursday, June 18, 2009. The most active bond (measured by turnover volume) was the 6th FGN Bond 2012 Series 1 with a traded volume of 46.4 million units valued at N48,345 million in 447 deals. This was followed by the 4th FGN Bond 2010 Series 74 with a traded volume of 24.0 million units valued at N22,092.05 million in 4 deals. Twenty – Seven (27) of the available forty-Two (42) FGN Bonds were traded during the week, same as in the preceding week.
Dating And Meet-up ZoneRe: Help Me Ooooo Am In Love With Seun Osewa, by Seun(mod): 4:40pm On Jun 26, 2009
I don't date men.
TravelRe: Where To Charter Jet by Seun(mod): 4:22pm On Jun 26, 2009
I think he means a private jet. What's the procedure? Where do you go exactly?
TravelRe: Which Countries Are Visa-Free To Nigeria Citizens? by Seun(mod): 4:14pm On Jun 26, 2009
There's a comprehensive answer here:

blackspade: Singapore and Nepal are no longer visa free for Nigerians.

Countries that are visa free: Benin, Burkina Faso, Cape Verde, Cameroon, Chad, Côte d'Ivoire, Gambia, Ghana, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Senegal, Seychelles, Sierra Leone, Togo, Barbados, Dominica, Grenada, Haiti, Montserrat, Saint Kitts and Nevis, Turks and Caicos Islands, Cook Islands, Fiji, Micronesia, Nauru, Niue, Palau, Samoa, Tuvalu, Vanuatu, and Kosovo.

Countries that issue visa's on arrival (some charge fees): Burundi, Comoros, Djibouti, Madagascar, Mozambique, Uganda, Zambia, Azerbaijan, Bangladesh, Cambodia, Georgia, Laos, Macau, and Timor-Leste.
https://www.nairaland.com/nigeria/topic-288767.0.html#msg4092110
Music/RadioRe: Your Favourite Michael Jackson's Song by Seun(mod): 3:12pm On Jun 26, 2009
"heal the world, make it a better place, for you and for me and the entire human race , "
Nairaland GeneralRe: Pop Legend Michael Jackson Dead At 50 by Seun(mod): 8:48am On Jun 26, 2009
HealthRe: Analysis Of MJ's Health Profile. by Seun(mod): 8:41am On Jun 26, 2009
See also Michael Jackson Is Dead (Heart Attack)

Note to moderators: this thread is not exactly the same as the others so it should be left.
CelebritiesRe: Micheal Jackson Concert Sold 11 Tickets Per Second (highest Ever) by Seun(mod): 8:31am On Jun 26, 2009
CelebritiesRe: Michael Jackson Is Dead by Seun(mod): 8:25am On Jun 26, 2009
CelebritiesRe: Michael Jackson Is Dead by Seun(mod): 8:24am On Jun 26, 2009
CelebritiesRe: Michael Jackson Is Dead? by Seun(mod): 8:24am On Jun 26, 2009
Foreign AffairsRe: Micheal Jackson Confirmed Dead. by Seun(mod): 8:15am On Jun 26, 2009
PoliticsRe: Michael Jackson Last Footage Tribute On Youtube by Seun(mod): 8:15am On Jun 26, 2009
Nairaland GeneralRe: Micheal Jackson Has Died by Seun(mod): 8:15am On Jun 26, 2009
CelebritiesRe: Michael Jackson Dead At 50 by Seun(mod): 8:15am On Jun 26, 2009
Music/RadioRe: Mike Jackson Dead At 50 by Seun(mod): 8:14am On Jun 26, 2009
Jobs/VacanciesRe: Arik Air Vacancies by Seun(mod): 5:25pm On Jun 25, 2009
How can we be sure the site is legit?? See below.

Thank you for your interest.

We are not currently recruiting. However, do please check back with us as things may change.
http://www.arikair.com/arikair/racine_site/careers.asp?page=Vacancies&id_sessionlangue=2
SportsRe: Nigeria: Committee Set Up To Investigate Zamfara 9-0 Win by Seun(mod): 2:48pm On Jun 25, 2009
If the matches were fixed, wouldn't it make sense to stop at a more believable scoreline e.g. 3-0?
RomanceRe: Guys Need To Put A Lid On Showing Too Much Love by Seun(mod): 10:21am On Jun 25, 2009
I think ladies also need to put a lid on showing too much respect for their boyfriends and husbands.
PoliticsRe: We Need Matches Or Tomtom Industry In Delta State (State Gov. Help) by Seun(mod): 10:19am On Jun 25, 2009
Topic approved
Jobs/VacanciesRe: Job Vacancy At Iita For Accounting Assistant by Seun(mod): 9:20am On Jun 25, 2009
Topic approved. Thanks for posting.
Jobs/VacanciesRe: Jobs For Accountants At Iita by Seun(mod): 9:19am On Jun 25, 2009
Topic approved. Thanks!
RomanceRe: How Do You Control A Violent Man? by Seun(mod): 3:18am On Jun 25, 2009
It has appeared that almost all men have added violence no matter how little to their order of peccant acts.
I was going to beg to disagree, but I guess I haven't gone out very much.
You can't control a violent man, but you can leave him and/or get him punished.

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