₦airaland Forum

You need lots of food, I guess. Jollof rice or pounded yam and egusi stew.
Drinks: pure water or Pepsi and miranda or whichever is cost-effective, of course.
Activities: Eating, drinking.

It probably doesn't really matter whether women as a group are equal to men as a group.
What matters is what abilities and talents and opportunities we have as individuals.

To finance section

Gamine:
Whats Wrong with people.

Which Institution dosnt have rules and codes of conduct!

aaaaa!!!!!!!

If the rules of an institution state that the boss is allowed to sleep with any employee,
and the employees sign it because they have no other option, does that make it right?

More importantly, students in a private institution of learning are not employees or slaves.
They are paying customers, and should be treated as such. With reverence.

@justkunmi: Very funny. Razorr is in the media now; her face has become the property of the public.

from what i know of schools generally,im sure the school autorities would have had their eye on these people prior to that incident and that case would have been the last straw,because if everybody was being expelled for forgetting bibles then there wont be any student left in the school

Hehe. You don't know Covenant University:
Do you know why phones are banned in Covenant University? No it's not "security".
It's because someone's phone started ringing one day when the Bishop was giving a speech!

If you want to expel students for trivial reasons, you should at least return their tuition fees.

Hmmm, we are all relatively "gentle and innocent" on TV. It takes a lot of courage to appear on air.

Photographic evidence attached!

They are not afraid that Nigeria will become a world superpower. They are afraid that the project will fail and nuclear materials will end up in criminal hands. Well, what else could possibly happen?

If they had been aborted at an early stage, they would not "feel" anything about anything.

It all boils down to the fact that male footballers are much better than female footballers.

Per investing, actually this bearish moments are a very good time to invest - buy up the stocks, that's right.

I seriously doubt that.

What subjects do Nigerian student often fail in their secondary school leaving exams? WASSCE, NECO, et cetera? I'm thinking Mathematics? Or Chemistry, Physics? I really want to know!

A turnover of 5.21 billion shares worth N68.75 billion in 78,306 deals was recorded this week, in contrast to a total of 5.24 billion shares valued at N42.52 billion exchanged last week in 82,798 deals.

Transactions during the week included a total of 133,500 units of Access Bank Plc N13.5 billion Redeemable Bond 2010 valued at N88.5 million.



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



The Banking subsector was the most active during the week (measured by turnover volume), with 2.5 billion shares worth N54.63 billion exchanged by investors in 40,460 deals. Volume in the Banking subsector was largely driven by activity in the shares of Intercontinental Bank Plc, PlatinumHabib Bank Plc, United Bank for Africa Plc and Fidelity Bank Plc. Trading in the shares of the four banks accounted for 1.34 billion shares, representing 54.3% of the subsector’s turnover.



The Insurance subsector, boosted by activity in the shares of Investment and Allied Assurance Plc, followed on the week’s activity chart with a turnover of 1.98 billion shares valued at N4.8 billion in 11,586 deals.



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



Price Movement:

The All-Share Index rose by 0.96% to close on Friday at 54,905.36. The market capitalization of the 208 First -Tier equities closed higher at N10.72 trillion.



Forty (40) stocks appreciated in price during the week, higher than the fourteen (14) in the preceding week. Also, as in the preceding week, Chevron oil Nigeria Plc led on the gainers’ table with a gain of N31.47 to close at N338.59 per share while Total Nigeria Plc followed with N11.62 to close at N250.00 per share. Other price gainers in the Top 10 category include:



• Unilever Nigeria Plc - N3.40



• Oceanic Bank International Plc - N3.05



• Guaranty Trust Bank Plc - N2.99



• First Bank of Nigeria Plc - N2.86



• Zenith Bank Plc - N2.65



• Lafarge WAPCO Plc - N2.60



• PlatinumHabib Bank Plc - N2.11



• Cadbury Nigeria Plc - N2.08



Eighty (80) stocks depreciated in price during the week, lower than the ninety – nine (99) in the preceding week. Conoil Plc led on the price losers’ table, dropping by N9.92 to close at N99.80

per share while Ecobank Transnational Incorporated followed with a loss of N5.94 to close at N38.71 per share. Other price losers in the Top 10 category include:



• National Salt Co. of Nigeria Plc - N5.67



• Oando Plc . - N5.01



• Eterna Oil & Gas Plc - N4.59



• Nig. Bottling Co. Plc - N4.15



• Chemical & Allied Products Plc - N3.80



• Prestige Assurance Co. Plc - N2.78



• Presco Plc - N2.47



• Flour Mills of Nigeria Plc - N2.15



Four equity prices were adjusted for dividend as recommended by the Board of Directors. National Salt Co. Nig. Plc was adjusted for Dividend of N0.40 per share and bonus of 1 for 5. Niger Insurance Co. Plc was adjusted for dividend of N0.15 per share. Ikeja hotel Plc was adjusted for dividend of N0.10 per share. Smart Products Nigeria Plc was adjusted for dividend of N0.075 per share



New Listing

The 2,950,000,000 shares in favour of Tantalizers Plc were admitted to the Daily Official List at a price of N3.50 per share on Monday, June 23, 2008 by way of Introduction. The shares were listed in the Food, Beverages & Tobacco subsector. By this action, the number of listed companies and securities increased to 223 and 317, respectively.



…Supplementary Listing

A total of 441,573,063 shares were added to the shares outstanding in the name of National Salt Co. Nig. Plc following the bonus of 1 for 5.



COMPANY NEWS



GUARANTY TRUST BANK PLC: Unaudited result for the half year ended 31st May 2008 shows Gross Earnings of N28 billion, as against N14.9 billion in the comparable period of 2007. Profit after tax stood at N8.4 billion compared with N3.5 billion in 2007.



NIGERIAN-GERMAN CHEMICALS PLC: Audited result for the year ended 31st December 2007 shows Turnover of N2.63 billion as against N2.5 billion in 2006. Profit after tax stood at N137.42 million compared with N149.32 million in 2006. The Directors are recommending a dividend of N0.45 per share. The date of closure of register of members is July 1, 2008 while payment date is August 16, 2008.



C & I LEASING PLC: Audited result for the year ended 31st January 2008 shows Gross Income of N2.7

billion as against N1.61 billion in 2007. Profit after tax stood at N375.4 million compared with N134.12 million in 2007. The Directors are recommending a final dividend of N0.06 per share. The stock price had on August 23, 2007 been adjusted for an interim dividend of N0.06 per share, thus bringing the total cash dividend to N0.12 per share. The dates of closure of register of members and payment would be advised later. The Annual General Meeting (AGM) of shareholders is scheduled to hold at Dike Hall, I Kofo Abayomi Street, Victoria Island, Lagos on August 28, 2008 by 11.00a.m.

SMART PRODUCTS NIGERIA PLC: Audited result for the year ended 31st December 2007. The Directors had earlier recommended a dividend of N0.075 per share. The date of closure of register of members is June 25, 2008 while payment date is July 29, 2008.



TANTALIZERS PLC: Audited result for the year ended 31st December 2007 shows Turnover of N3.74 billion as against N3.5 billion in 2006. Profit after tax stood at N236.92 million compared with N140.04 million in 2006.



Unaudited result for the first quarter ended 31st March 2008 shows Turnover of N1.04 billion, as against N929.44 million in the comparable period of 2007. Profit after tax stood at N83.73 million compared with N37.1 million in 2007.



UNIVERSAL INSURANCE CO. PLC: Audited result for the year ended 31st December 2007 shows Turnover of N499.8 million as against N494.2 million in 2006. Profit after tax stood at N209.44 million compared with N330.22 million in 2006.



SOVEREIGN TRUST INSURANCE PLC: Unaudited result for the first quarter ended 31st March 2008 shows Gross Premium of N1.33 billion, as against N605.9 million in the comparable period of 2007. Profit after tax stood at N268.8 million compared with N156.6 million in 2007.



ROYAL EXCHANGE ASSURANCE (NIG) PLC: Unaudited result for the first quarter ended 31st March 2008 shows Gross Premium of N899.42 million, as against N680.15 million in the comparable period of 2007. Profit after tax stood at N46.7 million compared with N47.6 million in 2007.



FIRST ALUMINIUM NIGERIA PLC: Unaudited result for the first quarter ended 31st March 2008 shows Turnover of N2 billion, as against N2.25 billion in the comparable period of 2007. Loss after tax stood at N39.2 million compared with N28.5 million in 2007.



REPORT ON THE OTC MARKET FOR FGN BONDS
A turnover of 142.75 million units worth N145.7 billion in 1164 deals was recorded this week, in contrast to a total of 161.3 million units valued at N164.05 billion exchanged in 863 deals during the week ended June 19, 2008. The most active bond (measured by turnover volume) was the 5th FGN Bond 2013 Series 1 with a traded volume of 16.3 million units valued at N16.4 billion in 123 deals.

I think my HP laptop now lasts about 8 minutes on a full charge, It's not made in Nigeria. How about that?

That is extremely stupid. If you die for your kid, who will take care of him/her?

First of all, you can't donate your heart to your kid when you are perfectly healthy.
The only acceptable heart donors are people who recently died or are brain dead.

What if you donate your heart to your son and the operation fails. Then you both die. Once again, as I said, it's extremely stupid.

What's a TV portal? A site like youtube?

I think you've had too many boyfriends.

It's gonna be a flop. Whites won't be interested and blacks will be disgusted.

Vista, vista, vista.

Nigeria without oil would definitely be a poorer country. But it would have a more diverse, robust economy.

What's the error you're getting? There are a thousand and one possible problems.

I seriously doubt that.

Entry level salary for a gateman or for a clerk or for a computer technician?

There are alot of thirdies with good jobs.

In oil companies? Hmm, I'm not the expert, but I'm sure it'll be much harder.

With that course, he will only be qualified for a job in the oil industry.
With his 2-2, I don't see how that will happen. The only solution is here.

What course did he study? What grade did he come out with?

You probably need a new window.