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Seun's Posts

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PoliticsRe: Amazing: Can You Beat These Awards? by Seun(mod): 11:43am On Sep 26, 2008
How does the woman find the time to attend so many award ceremonies? huh
ComputersRe: House Beware Of Raila Odinga Virus by Seun(mod): 6:53pm On Sep 24, 2008
Thanks, Webmonk and others. It's good to know reformatting isn't necessary. Information is power. wink
CrimeRe: Ur Best Friend Sleeps Wit Ur Girlfriend Against Her Consent by Seun(mod): 6:51pm On Sep 24, 2008
The rape apologists have been removed. I'm very sorry I could not remove them earlier. Many apologies.
ComputersRe: House Beware Of Raila Odinga Virus by Seun(mod): 2:34pm On Sep 24, 2008
A computer virus called ‘Raila Odinga’ is bad news in Malawi’s main commercial city of Blantyre as it has caused huge damages. The virus according to experts is believed to be a complicated group of deadly computer worms, Trojans, spywares and ad wares operating together as a single entity.

The worst thing is that it is killing flash disks if left for sometime and the only remedy is to format the USB stick once infected.

The virus is believed t o have originated from Malawi University Polytechnic campus in the city but the college’s IT students have since dispelled this.

Clocking four months now, eating up computers, flash disks and many other Information Technology (IT) storage materials has been described by local experts as the worst in Malawi’s computer history.

So far experts have failed to find its solution apart from deleting and formatting all infected computers.
http://www.itnewsafrica.com/?p=1206 Wow, it's rather famous. Be careful with strange flash drives.
HealthRe: Shaping The Babies Head by Seun(mod): 1:58pm On Sep 24, 2008
It's not funny.  It is a foolish and[b] wicked[/b] idea.  

"Shaping" your baby's head could lead to permanent brain damage that will affect the child all his life.

Compared to brain damage, having an oddly shaped head is nothing.

So don't turn your baby or any other baby into a slowpoke without your doctor's written permission.

Thanks. We need more fully functional brains in Nigeria.
Nairaland GeneralRe: Yarns: The Nairaland Magazine by Seun(mod): 7:45pm On Sep 22, 2008
Lots of interest on this one.
Poems For ReviewRe: Excercise In Exorcism by Seun(mod): 1:52pm On Sep 22, 2008
Chivalry was never "alive", fairy tales and fictional romance novels notwithstanding.
Jokes EtcRe: Could Seun Be The Antichrist? by Seun(mod): 2:23pm On Sep 21, 2008
666
SportsRe: World Cup Cheap Seats To Cost You A Miserly R140(N2300) by Seun(mod): 8:52am On Sep 19, 2008
Cool.
InvestmentRe: Nigerian Stock Exchange (NSE) Weekly Updates by Seun(mod): 8:03am On Sep 19, 2008
Market Report
Sept 12, 2008
Source: Nigerian Stock Exchange

A turnover of 2.65 billion shares worth N50.3 billion in 44,357 deals was recorded this week, in contrast to a total of 2.95 billion shares valued at N31.21 billion exchanged last week in 65,943 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 1.8 billion shares worth N43 billion exchanged by investors in 20,059 deals. Volume in the Banking subsector was largely driven by activity in the shares of Afribank Nigeria Plc. Trading in the shares of the bank accounted for 1.33 billion shares, representing 74.7% of the subsector’s turnover.



The Insurance subsector, boosted by activity in the shares of Investment & Allied Assurance Plc, followed on the week’s activity chart with a turnover of 479.72 million shares valued at N816.65 million in 6,879 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 1.8% to close on Friday at 48,738.15. The market capitalization of the 211 First -Tier equities closed lower at N10.22 trillion.

Twenty - Two (22) stocks appreciated in price during the week, lower than the ninety - one (91) in the preceding week. Oando Plc led on the gainers’ table with a gain of N20.20 to close at N170.20 per share while Conoil Plc followed with N8.71 to close at N93.82 per share. Other price gainers in the Top 10 category include:



• Afribank Nigeria Plc - N5.61



• Ecobank Nigeria Plc - N1.48



• Longman Nigeria Plc - N1.32



• International Breweries Plc - N0.52



• Dunlop Nigeria Plc - N0.39



• Livestock Feeds Plc - N0.36



• UACN Plc - N0.31



• Law Union & Rock Insurance Plc - N0.25



Seventy (70) stocks depreciated in price during the week, higher than the eleven (11) in the preceding week. Also, as in the preceding week, Chevron Oil Nigeria Plc led on the price losers’ table, dropping by N16.80 to close at N410.14 per share while Mobil Oil Nigeria Plc followed with a loss of N3.55 to close at N352.14 per share. Other price losers in the Top 10 category include:



• Nigerian Breweries Plc - N2.35



• Nestle Nigeria Plc - N2.30





• Zenith Bank Plc - N1.94



• First Bank of Nigeria Plc - N1.55



• United Bank for Africa Plc - N1.42



• Intercontinental Bank Plc - N1.38



• Lafarge WAPCO Plc - N1.21



• Guaranty Trust Bank Plc - N1.19



Two equity prices were adjusted for dividend as recommended by the Board of Directors. Cement Company of Northern Nigeria Plc was adjusted for an interim dividend of N0.45 per share. May & Baker Nigeria Plc was adjusted for dividend of N0.40 per share.



New Listing

The 2,960,948,774 shares in favour of Union Diagnostics & Clinical Services Plc were admitted to the Daily Official List at a price of N3.00 per share on Thursday, September 11, 2008 by way of Introduction. The shares were listed in the Healthcare subsector. By this action, the number of listed companies and securities increased to 227 and 320, respectively.



…Supplementary Listings

A total of 20,000,000 shares were added to the shares outstanding in the name of Thomas Wyatt Nigeria Plc on Monday, September 8, 2008 following the bonus of 1 for 10.



Technical Suspension

This was imposed on DN Meyer Plc on Tuesday, September 9, 2008 having received the Company’s application to undertake supplementary share offering. Also, Longman Nigeria Plc was placed on technical suspension on Tuesday, September 9, 2008 on receiving the company’s application to undertake Placing.



Full Suspension

The following Companies were placed on FULL SUSPENSION with effect from Friday, September 12, 2008 for breaching the Post-Listing requirement of The Exchange in respect of the submission of their Quarterly and Annual Reports over time. They are: Aba Textile Mill Plc, Abplast Plc, Aviation Development Company Plc, African Paints Plc, Albarka Air Plc, Amicable Assurance Plc, Arbico Plc, Asaba Textile Mill Plc, Atlas Plc, BAICO Insurance Plc, BCN Plc, Beverages (WA) Plc, Ceramic Manufacturing Nig. Plc, Enpee Plc, Epic Dynamics Plc, Ferdinard Oil Mills Plc, Grommac Industries Plc, Intra Motors Plc, Maureen Laboratories Plc, Nigerian Textile Mills Plc, Nigerian Yeast & Alcohol Manufacturing Plc, Nigerian Lamps Industries Plc, Oluwa Glass Co. Plc, Onwuka Hi-Tek Industries Plc, Rietzcot Nig. Plc, Security Assurance Plc, Sun Insurance Plc and Tate Industries Plc.



COMPANY NEWS

GUINNESS NIGERIA PLC: Audited result for the year ended 30th June 2008 shows Turnover of N69.2 billion as against N62.3 billion in 2007. Profit after tax stood at N11.9 billion compared with N10.7 billion in 2007. The Directors are recommending a dividend of N6.00 per share. The date of closure of register of members is October 31st 2008 while payment date is December 1, 2008.



FTN COCOA PROCESSORS PLC: Audited result for the year ended 31st December 2007 shows Turnover of N267.1 million as against N710.32 million in 2006. Profit after tax and extra-ordinary items stood at N142.8 million compared with profit after tax of N16.3 million in 2006.

The Directors are recommending a dividend of 2.5 kobo per share and bonus of 1 for 10. The date of closure of register of members is September 18, 2008 while payment date is October 20, 2008.



FIRST CITY MONUMENT BANK PLC: Unaudited result for the first quarter ended 31st July 2008 shows Gross Earnings of N18.53 billion, as against N10 billion in the comparable period of 2007. Profit after tax stood at N4.83 billion compared with N2.7 billion in 2007.



JOHN HOLT PLC: Unaudited result for the third quarter ended 30th June 2008 shows Turnover of N16.81 billion, as against N12.53 billion in the comparable period of 2007. Profit after tax and exceptional item stood at N705 million compared with profit after tax of N12 million in 2007.



REPORT ON THE OTC MARKET FOR FGN BONDS

A turnover of 223.1 million units worth N222.75 billion in 1,983 deals was recorded this week, in contrast to a total of 304.8 million units valued at N301 billion exchanged in 2,502 deals during the week ended Thursday, September 4, 2008. The most active bond (measured by turnover volume) was the 3rd FGN Bond 2009 Series 12 with a traded volume of 29.75 million units valued at N30.83 billion in 287 deals.
ComputersRe: No More Bill Gates/Seinfeld Ads From Microsoft by Seun(mod): 7:53am On Sep 19, 2008
Bad choice. You can't start something like this and end it halfway. Once you start, you have to complete it.

The ads acknowledged that the people of Microsoft are somewhat out of touch with the rest of us, which we already know to be true.  So no harm done.

But dropping the promo suggests that Microsoft is not only out of touch, but also lacks the guts to make a change to the status quo.   That's a wrong, wrong message to send.
BusinessRe: Is Life Insurance Popular in Nigeria? by Seun(mod): 7:46am On Sep 19, 2008
This post has not been replied since July.
That shows that life insurance is not popular.
It also means no one knows how expensive it is.
Christianity EtcRe: How To Become A Super Rich Holy Businessman by Seun(mod): 7:32am On Sep 19, 2008
Stop cutting and pasting.
You're supposed to be sharing your original thoughts.
If you've run out of original ideas, then maybe it's time to lock the thread?
PoliticsRe: Kaduna State To Produce Fuel From Sugarcane by Seun(mod): 9:51pm On Sep 17, 2008
You're right, I forgot biofuels. It's a way to kill two birds with one stone, but it can't power cars. In fact, solar energy and wind power can't power cars either. I shouldn't be mixing things up like this.
PoliticsRe: Kaduna State To Produce Fuel From Sugarcane by Seun(mod): 9:40pm On Sep 17, 2008
Brazil is one of the world's leading producers of natural gas. OMG
Well natural gas doesn't count, since you can't run cars on natural gas.   My mistake.

In order to produce the ethanol you have to clear large areas of land, burn fuel in the tractor, burn fuel in the machine that crushes the sugar-cane, etc.  It's not necessarily cost-efficient, depending on the current price of oil. I would rather work on building local oil refineries and windmills and installing solar panels on every roof before thinking about ethanol, but that's just me.
PoliticsRe: Kaduna State To Produce Fuel From Sugarcane by Seun(mod): 9:16pm On Sep 17, 2008
Dont tell me u don't know that 60% of the energy consumed in Brazil is gotten from Ethanol
Do they have oil? Do they have natural gas? Do they have a large population in a very small area?
PoliticsRe: Kaduna State To Produce Fuel From Sugarcane by Seun(mod): 8:19pm On Sep 17, 2008
Interesting development, but not very important. I don't see the benefits of ethanol at all.
FamilyRe: Men: If Your Wife Slaps You What Will You Do? by Seun(mod): 8:10pm On Sep 17, 2008
Slap is absolutely reserved for the most horriable of circumstances. Believe me if i slap my husband it is really really something horrible.
An abusive man can also say: "beating up my wife is absolutely reserved for the most horrible of circumstances. believe me if I beat my wife to a pulp and leave her for dead it is really really something horrible". Does that make it ok?
FamilyRe: Men: If Your Wife Slaps You What Will You Do? by Seun(mod): 8:00pm On Sep 17, 2008
Why must you slap anybody? Does it make you happy to slap people?
Nairaland GeneralRe: Seun!why U Delete My Topic? by Seun(mod): 6:41pm On Sep 16, 2008
I don't know whether I deleted it but yes, such links will not contribute to Nairaland in any way. Unless Ztyle is a popular celebrity and you're directing people to his fan forum.
PhonesRe: Multilink Nigeria; About The Network by Seun(mod): 1:46pm On Sep 15, 2008
Jobs/VacanciesRe: Wanted: Someone To Convert Diesel Engine To Run On Biogas by Seun(mod): 1:31pm On Sep 15, 2008
I don't think a diesel engine can ever run on biogas. Biogas is a gas and diesel is a liquid.
WebmastersRe: Microsoft Advert Featuring (the Real) Bill Gates by Seun(mod): 1:16am On Sep 15, 2008
Saw it on Youtube. Loved it. The second one in the series.
Nairaland GeneralRe: Improving The Sports Section: Nairaland Needs Your Input by Seun(mod): 7:29pm On Sep 14, 2008
Traffic is the difference between a dead forum and an active forum.
Nairaland GeneralRe: How Do I Make Animations As My Signature? by Seun(mod): 3:14pm On Sep 12, 2008
Absolutely forbidden. Why? Readability. Please accept my apologies.
SportsRe: Have The Paralympics Changed Disability In Africa? by Seun(mod): 12:21pm On Sep 12, 2008
Depends on how much money you (or your parents) have, but the Paralympics is just another sports contest.
LiteratureRe: Where Can I Order Nigerian Literature Online? by Seun(mod): 12:08pm On Sep 12, 2008
Since you're based in the US, try amazon.com. They have an African literature section.
PoliticsRe: Imagine This Kind Of Nigeria by Seun(mod): 6:12pm On Sep 11, 2008
the reality is:the politics of this country is just too scumy for any decent and well
intentioned person engage in.a lot needs to be done!
A lot needs to be done by who? If decent people refuse to go into politics, nothing can change.
PoliticsRe: Generator Accident Kills Nigerian Lawmaker by Seun(mod): 5:22pm On Sep 11, 2008
Have you even met the man? He's a human being like you and he did not roast anyone alive in his lifetime.
RomanceRe: Love Letters by Seun(mod): 4:56pm On Sep 11, 2008
amaechijay:
It was fun then. My boyfriend writes me often then and I used to sleep off with his letters on my chest.  kiss cry cheesy
And then you broke up. What's the point, really?
TV/MoviesRe: Cisco Film Making Contest by Seun(mod): 1:13pm On Sep 11, 2008
Too bad there are no "digital cribs" in Nigeria. Especially not Ogun State. We're still in the fifties!
Nairaland GeneralRe: How To Create A New Topic by Seun(mod): 1:01pm On Sep 11, 2008
By psting topics that would be of interest to a very larg number of Nairalanders.

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