₦airaland Forum

I think i like a woman who humbles herself before her man.

So what? I would like a billion dollars, too. That doesn't mean I deserve it.

How good is your scriptwriting?

Stage actors perform better on stage. Screen actors perform better on screen.
Genevieve Nnaji should not have jumped into a play without lots of practice. it's different.

Movie distributors control hollywood too, yet a lot of good movies get made. The difference is piracy.

Then one day, I sat through a Nigerian movie with some older Nigerian women and I finally understood why the actors have to say "I will open this door now and enter it. This door, not that one; this particular one I'm standing in front of and touching now"

Hehehe.

believe me, you don't want a society where everyone sleeps with everyone

Why don't I want a society where everyone sleeps with everyone? It sounds like a paradise.

An okada man ran into a woman and injured her.  Instead of owning up to his mistake, he claimed he ran into a cat and the cat turned into a woman.  The idiotic people of Lagos now decided it was their duty to kill the woman, who was wounded and bleeding.  Some idiotic reporters also chose to believe the okada man's idiotic story.  Someone posted the story on Nairaland and some idiotic Nairalanders also believed the story.  The only person that saw the alleged transformation was an okada man who was trying to absolve himself of blame after hitting an innocent woman.

A mentally disturbed old woman wandered into an flat and was apprehended for trespassing.   She claimed to be a cat that turned into a woman.  The idiotic tenants believed her.  Hundreds of idiotic Lagosians believed her idiotic story and came to the compound to see her.  An idiotic Nigerian reporter presented the woman's delusional story as a fact in a newspaper and many idiotic Nairalanders steeped in superstition chose to believe it.  Nobody saw the woman turning into a cat, but everybody believed her even after her mental problems were confirmed by relatives.

An okada man was carrying a woman and kept jamming his back into her breast.  In retaliation, the woman bit him.  Before he could recover, to avoid paying her fares, and to avoid a retaliatory beating, she disappeared into the heavy Lagos crowd.  Later, while searching for her, the man saw a snake somewhere and concluded it was the woman he was carrying.  Lagosians believed him and you know the rest of the story.  That people can believe these idiotic claims without any evidence suggests that the average Lagosian is an idiot.  Yes, I'm very angry.

Some girls are more responsible than some men. The error here is the error of generalization.

If she's a career woman, she makes money. We'll take that money and buy a washing machine.

I hate housework. I don't expect my girlfriend to have time for it either. We'll just hire a maid.

Did R. Kelly really say that?  Come on!

That's completely wrong. Let the mod do her job and stop interfering, please. thanks.

Definitely. Case in point: Ofunneka on Big Brother Africa!

for all of pat utomi's many speeches and what not,i don't see him using his wealth or connections to set up a boys club or adopt a couple of children and send them to school,its all speeches,speeches same goes for the rest of the moral crusaders who are all talk

Including you.

Nairaland is like a baby. Priceless.

The cane is the tool of a lazy teacher or parent.
If you exercise your brain, and a more civilized solution will present itself.

Poor Pastor David Oyedepo (Jnr).
He will never be able to outshine his father.
He will always be "David Junior" no matter what.
That's a very clever child naming technique.

Market Report

25 July 2008
Source: Nigerian Stock Exchange

A turnover of 4.05 billion shares worth N43.75 billion in 73,782 deals was recorded this week, in contrast to a total of 3.4 billion shares valued at N40.83 billion exchanged last week in 71,899 deals.



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



The Insurance subsector was the most active during the week (measured by turnover volume), with 2 billion shares worth N2.42 billion exchanged by investors in 10,713 deals. Volume in the Insurance subsector was largely driven by activity in the shares of Investment and Allied Assurance Plc. Trading in the shares of the Insurance Company accounted for 1.51 billion shares, representing 76% of the subsector’s turnover.



The Banking subsector, boosted by activity in the shares of Intercontinental Bank Plc, First City Monument Bank Plc and First Bank of Nigeria Plc, followed on the week’s activity chart with a turnover of 1.44 billion shares valued at N31.26 billion in 38,426 deals.

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



Price Movement:

The All-Share Index dropped by 3.57% to close on Friday at 50,422.78. The market capitalization of the 209 First -Tier equities closed lower at N10.10 trillion.

Nineteen (19) stocks appreciated in price during the week, higher than the eighteen (18) in the preceding week. Julius Berger Nigeria Plc led on the gainers’ table with a gain of N5.73 to close at N120.33 per share while Ecobank Transnational Incorporated followed with N2.53 to close at N40.13 per share. Other price gainers in the Top 10 category include:



• Ikeja Hotel Plc - N1.18



• Nestle Nigeria Plc - N1.00



• May & Baker Nigeria Plc - N0.94



• Ferdinand Oil Mills Plc - N0.68



• RT Briscoe (Nig) Plc - N0.27



• FTN Cocoa Processors Plc - N0.25



• First City Monument Bank Plc - N0.23



• Roads Nigeria Plc - N0.20



Ninety - Two (92) stocks depreciated in price during the week, higher than the ninety-one (91) in the preceding week. Also as in the preceding week, Chevron Oil Nigeria Plc led on the price losers’ table, dropping by N75.92 to close at N259.81 per share while Mobil Oil Nigeria Plc followed with a loss of N31.04 to close at N220.20 per share. Other price losers in the Top 10 category include:



• Flour Mills Nigeria Plc - N15.10



• Oando Plc . - N11.00



• Conoil Plc - N9.24



• Lafarge WAPCO Plc - N6.40



• PZ Cussons Nigeria Plc - N4.68



• The Okomu Oil Palm Plc - N4.04



• UACN Plc - N3.85



• Costain (WA) Plc - N3.45



Three equity prices were adjusted for dividend and/or bonus as recommended by the Board of Directors. Sovereign Trust Insurance Plc was adjusted for dividend of N0.06 and bonus of 1 for 5. STACO Insurance Plc was adjusted for Dividend of N0.12 per share. Red Star Express Plc was adjusted for dividend of N0.25 per share.



New Listing

The 2,000,000,000 shares in favour of FTN Cocoa Processors Plc were admitted to the Daily Official List at a price of N2.50 per share on Thursday, July 24, 2008 by way of Introduction. The shares were listed in the Agriculture/Agro-Allied subsector. By this action, the number of listed companies and securities increased to 225 and 318, respectively.



…Supplementary Listing

A total of 648,633,443 shares were added to the shares outstanding in the name of Sovereign Trust Insurance Plc following the bonus of 1 for 5.



Suspension

Technical suspension was imposed on Union Bank of Nigeria Plc on Monday, July 21, 2008 on receiving the bank’s application to undertake supplementary share offering. Meanwhile, the full suspension on John Holt Plc was lifted having received satisfactory explanations from the Board of Directors on the dwindling fortunes of the company and plans to resuscitate the company. However, full suspension was imposed on BAICO Insurance Plc on Friday, July 25, 2008 having received notification from National Insurance Commission (NAICOM) that the Insurance Company did not meet the minimum recapitalization requirement.



COMPANY NEWS

STANBIC IBTC BANK PLC: Audited result for the 9-month ended 31st December 2007. The Directors are recommending a dividend of N0.25 per share. The date of closure of register of members was July 17, 2008 while payment date would be advised later. This announcement supersedes the N0.30 proposed dividend by the bank during the week ending July 18, 2008.



STANBIC IBTC BANK PLC: Unaudited result for the half year ended 30th June 2008 shows Gross Earnings of N40.12 billion, as against N7.7 billion in the comparable period of 2007. Profit after tax stood at N8.2 billion compared with N2.2 billion in 2007.


FLOUR MILLS OF NIGERIA PLC: Audited result for the year ended 31st March 2008 shows Turnover of N127.7 billion as against N105.7 billion in 2007. Profit after tax stood at N6.4 billion compared with N7.5 billion in 2007. The Directors are recommending a dividend of N1.00 per

share and bonus of 1 for 10. The date of closure of register of members is August 11, 2008 while payment date is September 18, 2008.



NIGERIAN BAG MANUFACTURING CO. PLC: Audited result for the year ended 31st March 2008 shows Turnover of N11.81 billion as against N11.0 billion in 2007. Profit after tax stood at N303.55 million compared with N1.1 billion in 2007. The Directors are recommending a dividend of N0.05 per share. The date of closure of register of members is August 15, 2008 while payment date is September 16, 2008.



ACADEMY PRESS PLC: Audited result for the year ended 31st March 2008 shows Turnover of N1.6 billion as against N1.42 billion in 2007. Profit after tax stood at N111.8 million compared with N79.14 million in 2007. The Directors are recommending a dividend of N0.06 per share and bonus of 1 for 2. The date of closure of register of members is August 11, 2008 while payment date is September 17, 2008.



NATIONAL SPORTS LOTTERY PLC: Audited result for the first quarter ended 31st March 2008. The Directors had earlier recommended an interim dividend of N0.10 per share. The date of closure of register of members is August 29, 2008 while payment date is September 15, 2008.



NATIONAL SPORTS LOTTERY PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N3.5 billion, as against N79 million during the year ended December 31, 2007. Profit before tax stood at N2.6 billion compared with loss after tax of N238 million during the year ended December 31, 2007.



REGENCY ALLIANCE INSURANCE PLC: Audited result for the year ended 31st December 2007 shows Gross Premium of N1.21 billion as against N671.92 million in 2006. Profit after tax stood at N237.54 million compared with N215.23 million in 2006. The Directors are recommending a bonus of 1 for 4. The date of closure of register of members is August 5, 2008. The Annual General Meeting (AGM) of shareholders is scheduled to hold at Ruby Hall, Golden Gate Chinese Restaurant, 25B Glover Road, Ikoyi Lagos on August 12, 2008 by 12noon.



ACCESS BANK PLC: Unaudited result for the first quarter ended 30th June 2008 shows Gross Earnings of N20.6 billion, as against N11.12 billion in the comparable period of 2007. Profit after tax stood at N6.11 billion compared with N3.1 billion in 2007.



NIGERIAN AVIATION HANDLING CO. PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N2.35 billion, as against N1.7 billion in the comparable period of 2007. Profit after tax stood at N453.95 million compared with N238.12 million in 2007.



UNILEVER NIGERIA PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N19.15 billion, as against N15.9 billion in the comparable period of 2007. Profit after tax stood at N1.72 billion compared with N586 million in 2007.



UACN PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N22 billion, as against N17.6 billion in the comparable period of 2007. Profit after tax and minority interest stood at N1.8 billion compared with N1.2 million in 2007.



UACN PROPERTY DEVELOPMENT CO. PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N5.25 billion, as against N2.4 billion in the comparable period of 2007. Profit after tax stood at N1.74 billion compared with N615.7 million in 2007.

CONOIL PLC: Unaudited result for the first quarter ended 31st March 2008 shows Turnover of N32.9 billion, as against N16.14 billion in the comparable period of 2007. Profit after tax stood at N1.1 billion compared with N429 million in 2007.



DN MEYER PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.11 billion, as against N961 million in the comparable period of 2007. Profit after tax stood at N34.8 million compared with N21.1 million in 2007.



LONGMAN NIGERIA PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.03 billion, as against N664.7 million in the comparable period of 2007. Profit after tax stood at N36.3 million compared with N20.9 million in 2007.



CHEMICAL & ALLIED PRODUCTS PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.2 billion, as against N1.02 billion in the comparable period of 2007. Profit after tax and extra-ordinary items stood at N336.65 million compared with N594.5 million in 2007.



DEAP CAPITAL MANAGEMENT & TRUST PLC: Unaudited result for the third quarter ended 30th June 2008 shows Turnover of N1.2 billion, as against N418.5 million in the comparable period of 2007. Profit after tax stood at N626.23 million compared with N171.4 million in 2007.



ASO SAVINGS & LOANS PLC: Unaudited result for the first quarter ended 30th June 2008 shows Turnover of N2.42 billion, as against N1.6 billion in the comparable period of 2007. Profit after tax stood at N674.6 million compared with N223.8 million in 2007.



AG LEVENTIS (NIG) PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N5.1 billion, as against N3.2 billion in the comparable period of 2007. Profit after tax stood at N488 million compared with N247.7 million in 2007.



PRESCO PLC: Unaudited result for the half year ended 30th June 2008 shows Turnover of N1.7 billion, as against N1.05 billion in the comparable period of 2007. Profit after tax stood at N565.1 million compared with N211.4 million in 2007.



INTERLINKED TECHNOLOGIES PLC: Unaudited result for the third quarter ended 31st March 2008 shows Turnover of N120.45 million, as against N76.55 million in the comparable period of 2007. Profit after tax stood at N30.7 million compared with N2.31 million in 2007.



CRUSADER (NIGERIA) PLC: Unaudited result for the first quarter ended 31st March 2008 shows Turnover of N1.2 billion, as against N757.25 million in the comparable period of 2007. Profit after tax stood at N485.53 million compared with N196.05 million in 2007.



ROYAL EXCHANGE ASSURANCE (NIGERIA) PLC: Unaudited result for the half year ended 30th June 2008 shows Gross Premium of N2.1 billion, as against N1.65 billion in the comparable period of 2007. Profit after tax stood at N81.7 million compared with N62 million in 2007.



ELLAH LAKES PLC: Unaudited result for the third quarter ended 30th April 2008 shows Turnover of N31 million, as against N32.03 million in the comparable period of 2007. Profit before tax stood at N7.7 million compared with N2.81 million in 2007.


REPORT ON THE OTC MARKET FOR FGN BONDS

A turnover of 232.62 million units worth N232.6 billion in 2001 deals was recorded this week, in contrast to a total of 129.03 million units valued at N131.3 billion exchanged in 1092 deals during the week ended July 17, 2008. The most active bond (measured by turnover volume) was the 5th FGN Bond 2018 Series 2 with a traded volume of 24.6 million units valued at N22.42 billion in 230 deals.

His name is David, too? But why?

So I was correct when I hailed Will Smith as the "hottest movie star right now, black or white". Cool.

It has to be so. 8 year old kids can't be legally married.

Retailing?

Interesting question. If you have 25 billion naira, come and buy it, so I can start a new bank.

Nice

Tell me all about actuarial science. I find it intriguing.

She looks really fine by African standards, but for a model they're going to say she's not skinny enough:
http://stephanieoforka.com/pages/gallery

No source?

Drugs or old age?

What university degree should one obtain if one wants to be a banker?

Someone sent this message to me by email.

Can anyone please link me or tell me how I can locate or contact an old friend of mine. she is a graduate of federal university of technology yola futy from chemistry dept. between year 2001/2002 and she is from benue state her name is Nancy Wende. please. my contact phone is 08057103822, I had an accident in 2002 prior to the time we are suppose to meet and i was hospitalised for one good year. that was how we couldn't locate each other till today.