₦airaland Forum

I think we need to shut up about his. Nobody deserves this kind of death. Let's just be careful.

What issues specifically?

What's so bad about Bariga?

SQL is much better for data management. You can express almost any query in one line with SQL.

Do you know that Facebook is the 4th most popular website in Nigeria? Social networking is already here!

Hmmm.

Maybe the two of you are just not meant to be together. Nothing wrong with that. It's not by force!

I will leave it for a while. I don't plan to create a subforum for sports yet because it won't get any traffic.

I think he's a South African.

If they are fighting like cats and dogs and they despise each other, then divorce is an option.
But if they are like "colleagues" in the house then what is the problem? Don't colleagues date?

Are you still asking? If the Daily Sun reporters had not been able to get to where the couple were supposed to be (and failed to find them) there they would have reported the "miraculous" incident as a fact.

Why is your brother staying with you if you don't want him to stay with you?

@naijacutee: very helpful, thanks

Moved to career section.

Visit this section of the forum every day and you will be duly notified.

Market Report
Sept 5, 2008
Source: Nigerian Stock Exchange
A turnover of 2.95 billion shares worth N31.21 billion in 65,943 deals was recorded this week, in contrast to a total of 3.36 billion shares valued at N38.7 billion exchanged last week in 43,801 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 1.12 billion shares worth N20.84 billion exchanged by investors in 29,036 deals. Volume in the Banking subsector was largely driven by activity in the shares of Afribank Nigeria Plc, Spring Bank Plc and Access Bank Plc. Trading in the shares of the three banks accounted for 503.5 million shares, representing 45.12% of the subsector’s turnover.

The Insurance subsector, boosted by activity in the shares of Investment & Allied Assurance Plc and Lasaco Assurance Plc, followed on the week’s activity chart with a turnover of 1.1 billion shares valued at N2.03 billion in 9,799 deals.

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

Price Movement:
The All-Share Index rose by 3.82% to close on Friday at 49,615.55. The market capitalization of the 210 First -Tier equities closed higher at N10.39 trillion.

Ninety - One (91) stocks appreciated in price during the week, higher than the eighty-seven (87) in the preceding week. Nestle Nigeria Plc led on the gainers’ table with a gain of N41.48 to close at N230.00 per share while Oando Plc followed with N22.74 to close at N150.00 per share. Other price gainers in the Top 10 category include:

• Total Nigeria Plc - N22.44

• Julius Berger Nigeria Plc - N8.10

• The Okomu Oil Palm Plc - N4.38

• Conoil Plc - N4.32

• Cadbury Nigeria Plc - N3.91

• Benue Cement Company Plc - N3.87

• Dangote Flour Mills Plc - N3.76

• UACN Property Dev. Co. Plc - N3.20

Eleven (11) stocks depreciated in price during the week, lower than the forty (40) in the preceding week. Chevron Oil Nigeria Plc led on the price losers’ table, dropping by N14.06 to close at N426.94 per share while Guinness Nigeria Plc followed with a loss of N2.13 to close at N123.75 per share. Other price losers in the Top 10 category include:

• Zenith Bank Plc - N1.52

• G Cappa Plc - N1.33

• Nigerian Breweries Plc - N0.75


• Afribank Nigeria Plc - N0.51

• International Breweries Plc - N0.28

• Intercontinental Bank Plc - N0.27

• Fidelity Bank Plc - N0.27

• Airline Services & Logistics Plc - N0.16

Two equity prices were adjusted for dividend as recommend 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.

…Supplementary Listings
A total of 4,000,000,000 shares were added to the shares outstanding in the name of Afribank Nigeria Plc on Monday, September 1, 2008 following the conclusion of public offering. A total of 750,000,000 shares were added to the shares outstanding in the name of Custodian and Allied Insurance Plc on Tuesday, September 2, 2008 following the conclusion of public and rights offerings.

A total of 723,161,725 shares were added to the shares outstanding in the name of AIICO Insurance
Plc on Wednesday, September 3, 2008 being the supplementary portion of the recently concluded public offering.

Also, a total of 4,081,925,292 shares were added to the shares outstanding in the name of Skye Bank Plc on Wednesday, September 3, 2008 following the conclusion of hybrid offerings and supplementary offering there from. The reconstruction exercise embarked upon by Sterling Bank Plc was concluded with the listing of 12,563,091,545 shares on Wednesday, September 3, 2008 at a price of N5.36 per share. The Full Suspension was subsequently removed. A total of 5,000,000,000 shares were added to the shares outstanding in the name of PlatinumHabib Bank Plc on Thursday, September 4, 2008 following the conclusion of Placing.

COMPANY NEWS
CUTIX PLC: Audited result for the year ended 30th April 2008 shows Turnover of N1.31 billion as against N1.1 billion in 2007. Profit after tax stood at N114.5 million compared with N121.7 million in 2007. The Directors are recommending a dividend of N0.12 per share. The date of closure of register of members is October 20, 2008 while payment date is November 28, 2008. The 25th Annual General Meeting (AGM) of shareholders is scheduled to hold at 17, Osita Onyejianya Street, Anuka Otolo, Nnewi, Anambra State on Friday, October 31, 2008 by 12.00noon.

FIRST CITY MONUMENT BANK PLC: Audited result for the year ended 30th April 2008. The Directors earlier recommended a dividend of N0.50 per share. The date of closure of register of members is September 22, 2008 while payment date is September 19, 2008.

LINKAGE ASSURANCE PLC: Audited result for the year ended 31st December 2007 shows Gross
Premium of N1.03 billion as against N286.21 million in 2007. Profit after tax stood at N274 million compared with N71.51 million in 2007. The date of closure of register of members is October 2, 2008.
Unaudited result for the half year ended 30th June 2008 shows Gross Premium of N1.31 billion, as against N875.9 million in the comparable period of 2007. Profit after tax stood at N261.72 million compared with N168.82 million in 2007.

LAW UNION & ROCK INSURANCE PLC: Unaudited result for the half year ended 30th June 2008 shows Gross Premium of N1.8 billion, as against N1.12 billion in the comparable period of 2007. Profit after tax stood at N473.2 million compared with N274.33 million in 2007.

FLOUR MILLS OF NIGERIA PLC: Unaudited result for the first quarter ended 30th June 2008 shows Turnover of N37 billion, as against N23.25 billion in the comparable period of 2007. Profit after tax stood at N1.4 billion compared with N1.02 billion in 2007.

UNION HOMES SAVINGS & LOANS PLC: Unaudited result for the first quarter ended 30th June 2008 shows Turnover of N2.3 billion, as against N1.74 billion in the comparable period of 2007. Profit after tax stood at N223 million compared with N179 million in 2007.

NIGERIAN GERMAN CHEMICALS PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.83 billion, as against N1.4 billion in the comparable period of 2007. Profit after tax stood at N134.71 million compared with N119.52 million in 2007.

INTERNATIONAL BREWERIES PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.83 billion, as against N1.4 billion in the comparable period of 2007. Profit after tax stood at N134.71 million compared with N119.52 million in 2007.

EKOCORP PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N314.1 million, as against N250.6 million in the comparable period of 2007. Profit after tax stood at N27.6 million compared with N49.94 million in 2007.

HALLMARK PAPER PRODUCTS PLC: Audited result for the year ended 31st December 2007 shows Turnover of N50.9 million as against N44.33 million in 2006. Profit after tax stood at N940.6 million compared with loss after tax of N6.7 million in 2006. The date of closure of register of members is September 28, 2008. The Annual General Meeting (AGM) of shareholders is scheduled to hold at Lagos Airport Hotel, 111, Obafemi Awolowo Way, Ikeja, Lagos on Tuesday, October 13, 2008 by 11.00a.m.

OKITIPUPA OIL PALM PLC: Audited result for the year ended 31st December 2007 shows Turnover of N214.4 million as against N186.04 million in 2006. Profit after tax stood at N12.73 million compared with N18.75 million in 2006.

ADSWITCH PLC: Audited result for the year ended 30th April 2008 shows Turnover of N36 million as against N57.2 million in 2007. Profit after tax stood at N0.683 million compared with N5.2 million in 2007. The date of closure of register of members is October 20, 2008. The 25th Annual General Meeting (AGM) of shareholders is scheduled to hold at Anaedo Social Club Hall, Nnewi, Anambra State on Friday, October 31, 2008 by 9.30a.m.

REPORT ON THE OTC MARKET FOR FGN BONDS
A turnover of 304.8 million units worth N301 billion in 2,502 deals was recorded this week, in contrast to a total of 180.31 million units valued at N179.14 billion exchanged in 1,614 deals during the week ended Thursday, August 28, 2008. The most active bond (measured by turnover
volume) was the 4th FGN Bond 2014 Series 11 with a traded volume of 42.4 million units valued at N41.7 billion in 420 deals.

Interesting. What's a thrift collector?

What kind of help do you need?

If you put a stage actor in a movie, you won't get a good performance. Stage actors over-act and they over-project their voices by screen standards. Screen acting is more subtle.