₦airaland Forum

UncleBone:
I always do. Everytime I have always done so, even this time.

I hope this is not due to some sort of error.
Maybe you should cross check the transaction.

The 6 zeros figure I transfered to them this week was credited without sending any mail to inform them.

Agbalowomeri:
Fixed deposit

Pls recommend one platform and their rate for this. Thanks

Amtasiu:
These are the candidates:
1) Atiku Abubakar
2) Datti Baba-Ahmed
3) Peter Obi
4) Bola Ahmed Tinubu
Please don't forget to tell why you prefer the candidate thanks.

Peter Obi because he is selfless. He is not going there to steal government money for himself and cronies like the others. He made his money out of government or public funds. He is very prudent and modest.

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

You better run🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️

Agbalowomeri:
Other sectors yes, but not banks

Yes, especially now with so much more Outstanding Shares.

awesomeJ:
Almost 3 months now, and CSCS hasn't sent trade alerts even though they've been charging for it.

Over 15k per month for me.

Maybe they should allow us opt out.

The last time I received trade alert from them was in July, 2024.
I believe they are deliberately cashing out on investors knowing nothing will happen yet we have Regulators and Shareholders Associations.

EDUECO:
It is not based on luck!

What is the 20 years earning and dividend history of Niger Insurance. I know it must be E8 or F9(that is,very poor).

Earning and dividend history is a great determinant to know whether the future of a company will be good or bad!

Just like NCR that has done over 2000% for someone abi?

HesInMe:
They also don't talk about their losses (and opportunity costs). That's the problem.

You’re right. I was tempted to ask the guy celebrating his win in NCR if he bought Niger Insurance. I bought 2.5m units with about 520k naira and still seeing the loss in my portfolio.

I ran into an old friend i saw last since 1987, last Friday at a funeral party and realizing he was the company secretary/legal adviser for 15yrs for Niger Insurance, I asked him if there is any hope for the coy. He said, non, that the coy is already under Receivership. That he severally warned the management and that those responsible for the misfortunes of the company leading to withdrawal of its license are walking freely!
So sometimes it goes beyond our permutations but luck

pluto09:
You don't pay CGT each time you sell.
You wait for the year end and file your returns.

Please note that there is so much confusion emanating from the tax law itself and the guy Taiwo Oyedele. Besides, he has never been completely transparent and truthful regarding the tax law and its implications.

For clarity, your statement only applies to if the proceed of sale remains with your broker. It does not apply if you’re withdrawing after sales within the tax year. The tax is immediately triggered the moment you try to withdraw your sales proceeds once either of the threshold is met from 1st Jan, 2026 and it does not matter whether it happened within the first month of the year!.

He has repeatedly said they would work with the brokers, Ngx and CSCS and even our bank acs through our bankers to track/ monitor stock accounts transactions, and other credits and possibly debit tax or raise tax advice as the case may be, while also saying at different times that people will be expected to keep their own records and file their tax returns at year end. Recall the prostitute example he gave at a church event.

I am just happy that even though majority of the players in the market do not really understand the law, the few who does have and control huge stake in the market rejected it loudly through their massive dumping which sent a clear message and the resultant reaction from Wale Edun.

Raider76:
Who passed the law? Was it not the Senate? Who can amend it? Is it not the Senate?

This shows they don’t read the laws they pass.
Those that do, don’t understand it or even it’s implications. Most of them are usually absent at plenary. They mostly attend during budget presentations and budget padding.

Are they not comprised of mostly past Governors and political jobbers who run down their States?

mikeapollo:
I just found Taiwo Oyedele's email and phone number on his Instagram page:
enquiries@fiscalreforms.ng or WhatsApp: 08109753151

That guy won’t listen to you. He can see what is happening. He and his committee members of about 15 people were paid about 4.8b naira for this tax review job.

The NGX reaction of mass sell off is the loudest message. Even up till now, despite passing the law some months ago they don’t have any tangible framework or structure in place for implementation.

The government will have no choice but to learn the hard way

A lot of people have been complaining about the NTA 2025 especially the CGT and now people in that space are reacting by mass sell off and yet someone still thinks the complaints have no impact.

When a government feels he can do whatever pleases it, the people too will show the government they also have a choice on what to do even if it is at loss. Nonsense!

Stoplying:
Nigeria is not working well for everybody. The government only takes care of the kinsmen of the president. The kids of the president are using their father's office to extort money from traders...

It is so terrible!
The greed of one man is beyond imagination. I don’t see the man allowing a free, fair and credible election.
I don’t see him accepting a defeat in 2027 and I don’t see him being man enough to willingly relinquish power. The signs are getting clearer day by day. He will use all the State apparatus and non State actors- thugs MC Oluomo to intimidate all. He is already doing it with politicians. But in all, power belongs to the people and so the people will take back the power when they are ready to, no matter what he does.

agentakins:
https://www.facebook.com/share/p/1YsbZsW4RD/

How is Donald Trump former President?

Who is then the current US President?

Entrepreneurrr:
Good morning bosses.

Since the movement of jaizbank stock to non interest board in morgan capital, I am unable to trade it. I sent mandate to customer care two times, I called them and all that did not yield any result as I can't not buy or sell.

Please is anyone facing similar problem?

What other platform can I try?
Thank you.

I experienced same issue on MorganCapital platform. I sent a mail but got no response.

I simply opened a new account with Atlass. In about a week plus, it was active and I could trade Jaiz bank on theirs, even at cheaper fees.

[quote author=Skeyskey post=136783861]I'm Obidient but Jonathan has the most reach to oust that thing in Aso rock than any other southerner. North will gladly support him knowing he has only one term to his name.[/

Someone was captured on camera saying -

Grab it, snatch it and run with it

And some of you still believed he is in Aso Rock because he actually won the election.

Many have not forgotten in a hurry that it was Jonathan’s bad governance that paved the way for the APC of Buhari 8yrs and now Tinubu.

Obi remains our best bet. He needs the support of all well meaning Nigerians.

Tinubu is not someone that will accept defeat. He can’t tolerate criticism. He is averse to opposing views and that is why he has been using all State actors against dissenting voices but no matter what he does, he is not God.

orisa37:
THE WORD CRIME IS A LEGAL WORD. YOU DON'T CALL A PRESIDENT WHO HAS BEEN SO DECLARED BY THE SUPREME COURT OF JUSTICE A CRIMINAL. IT'S IGNORANT OF SOWORE TO USE SUCH WORD FOR A NIGERIA PRESIDENT..

Ask yourself where many of our politicians including our leader will be if not inside the prison had it been they were in a sane clime.
In actual fact, many of them have had convictions in the US or are fugitives and cannot enter the US without being picked up for crimes.
But we like to deceive ourselves and defend same people destroying our country.

Agbalowomeri:
Who go enforce am? You can't force me to insure my property. It doesn't work that way. There are so many laws in Naija but how many of them are enforced? Meanwhile all these monies na still inside voicemail e go enter abi leopard fit change skin overnight

You are absolutely correct!
The Old 2024 Insurance Act mandates compulsory Insurance of buildings under construction, Site workers- for life and or bodily Injury but it was never or could not be enforced for many obvious reasons.
Only a very low fraction of builders were forced to by Banks because they provided loans for such projects and lack of adequate collateral

KarlTom:
True. 10% to 15%.
In my case, the probate registrars were too lazy to make research that they simply used ₦1 for the SP of all the units.

Ended up paying less than 2%

It’s not that they were lazy.

A fixed very low amount per share is normally used for Shares across board because of the nature of Shares not being a fixed asset, due to its susceptibility to price fluctuations and sometimes the Company may have ceased to exist on completion of processing.
Infact, it used to the .50k per share in Lagos Probate. Not sure current rate. But assets such as bank cash balance and land/house are 10% of current value plus additional fees like Vat and administrative

I got a gtb credit alert of some usd payment from Airtel Africa this afternoon.
Honestly I have no idea what exactly it is.
I assume it is dividend maybe interim or final. Or maybe I have some outstanding.

Mpeace:
I have followed the mam closely. It's not the first time he made this kind of statement only to be proved wrong. But I don't blame him. Nigeria is unpredictable.
What many do no know is that the Naira didn't really strengthen against the dollar due to policies of government. The dollar has been falling in value since January this year that's the simple reason.

Thank you for pointing it out that he has been proved wrong many times.

However, I do agree that the naira have been relatively stable in recent times, but completely disagree with the reasons Rewane Bismarck adduced.
For me the naira stabilized (not strengthened) simply because the CBN has since secretly abandoned their free float of the naira and resumed defending the naira., Just very recently the CBN spent $4b+ to defend the naira.

MorganCapital have implemented their brokerage fee increase.
Meanwhile, I not only enjoy free trading on Trading212 App, I also earn daily interest on uninvested cash balance in my trading account.

MorganCapital have not done any improvement on their web page since inception just as they’ve not deemed it fit to launch a trading app.

They can do better 🤷🏽‍♂️

shortgun:
The man in question never declared himself a ruler or king over Ghanaians — he's simply the leader of the Igbo community in Ghana.
His title "Eze Ndi Igbo" literally translates to "King of the Igbos in Ghana or leader of Igbos " similar to how other ethnic groups have their own community heads, like Sarkin Fulani...King of Fulanis
What exactly is the problem here?
The man even built a school in Ghana

It is very wrong to go a foreign land and declare yourself as a King of whatever you might want to call it. King denotes utmost authority. They can have a registered association and select their leader but not King.

A king is installed over a territory by virtue of ancestral lineage and tribe. Not over just a group of people from a particular tribe living in a foreign land.

Mysteriousworld:
Someone pls help me out. I bought 4000 units of shares from Unilever Nigeria 20 years ago.... I never claimed the dividends for once...
Pls, can I get an idea of it's worth today?
Before taking any step about it, I want to know if it's worth anything tangible

N232,000 based on its current price of N58 per share.

Cheny00:
Hello Nairalanders,

I need your advice urgently.

I rented a self-contained apartment in Lagos, and my rent is valid until the end of October this year. Just recently, I was informed that the landlord has sold the house.

Now here’s what happened:
• They refunded half of my rent (without my prior agreement),
• And issued me a 3-month notice to vacate.

I never agreed to terminate my tenancy early or to receive a refund — they just gave me the money and served the notice. I feel like I’m being indirectly forced out before the agreed expiration date of my rent.

Please, I want to know:
1. Is this legal under Lagos tenancy law?
2. Can they harass or pressure me out of the house since it’s now sold?
3. What steps can I take if I want to stay until my rent expires in October?

I’ve heard that once rent is paid and acknowledged, even a new landlord must honour the agreement. Is this true?

Please, lawyers and those familiar with Lagos tenancy law, I’d appreciate your input. I don’t want to be bullied or treated unfairly and also 3 months is too short for me

Thanks in advance!

Please note that whatever I say here is based on my training as a Lawyer.

A landlord has a legal right to sell his property.

The new owner of the property automatically becomes your Landlord.

As your landlord he has the right to issue you quit notice but the said notice cannot expire before the expiration of your current rent.

The length of notice you’re entitled to is determined by the tenancy agreement signed between you and your initial landlord, but in the absence of that, it will be determined by the provisions of the Lagos State tenancy Law which outlines duration of quit notice based on length of rent paid eg whether Monthly, quarterly, Half yearly or Yearly.

Refund of rent or part of ,must be based on mutual agreement.

Acceptance of refund of part rent or unused rent implies agreement on your part to vacate the premises.

Issue of when to vacate is basically another thing.

Conclusion:
Consult your Lawyer so he can write to your Landlord.

Japaul dividend has dropped into my Gtb ac.😎

Iceking1:
Hello Nairalanders, about 4 day's ago I created a thread, regarding the extortion of 80,000 naira from me illegally by the police, even when my papers are 100% correct as I did a new plate number after buying the car, so everything regarding the papers are on my name, and all Intact.


For those who missed the thread, here's the link :





https://www.nairaland.com/8466150/police-took-80000-me-yesterday


After creating the thread, It immediately got to the front page and It generated reactions, almost every one (99.9%) of those that commented were against the police because what transpired was truly an extortion. I got countless numbers of positive advices.

Including going on twitter and tag some important personnel on the police force, while trying to do so by opening the profile that I went through, I saw some police numbers on one of the posts by the police, there was a post to call some numbers when one get harassed by the police unnecessarily.

I copied the numbers and gave It a call, they were 5 numbers, and only the very first one I called was what sorted out my predicament.

I called the number and narrated everything to the man that picked up ( Detective Barnabas from CRU) THANK YOU SO VERY MUCH SIR. So, he asked me the location where It happened and the time, he asked me to forward the screenshot of the transaction regarding I and the POS girl I made the transferred to, In which the POS girl stand was directly at the back of the station, and I did forwarded It to his whatsapp.


He acted so very swiftly, he swinged Into action with immediate effect, I called him yesterday and I got my complete money back today.

After telling him the area It happened and exact location, also the station they took my car to. He called the area commander with immediate effect, and the area commander swinged into action immediately.

I was called to come to the station this afternoon to identify the men involved, but unfortunately they weren't around. I went home hoping to go tomorrow as told, to come and identify them.

But to my utmost surprise, the police in charge of the case called me barely an hour ago that they've recovered back my money, he gave me cash, 80,000 completely.

I want to use this medium to thank Nairaland and Nairalanders, you made this possible, I would not have gotten anything from that money if not for you all, coupled with the fact that I would also get more future harrassments.

Below are photos of the cash I was refunded, in full.

Thank you Nairaland and Nairalanders, you've done what no one else have done for me, In all my life and day to day existence, thank you so very much.

I greatly appreciate.

Thank you 🙏

So what now happened to the armed robbers in uniform?
I guess they are back to the road to continue their robbery but in a smarter way.


Pls insist publicly via their social media handles that you want to know publicly the punishment or disciplinary actions meted out to them otherwise this nonsense will just continue unabated.

Liazz:
Am I being unreasonable being mad at my wife?
We relocated abroad 3 years ago but she isn't helping to settle any of the bills.

We both are gainfully employed though I earn much than she does. Our monthly expenditure is about £2000 and she doesn't care to help in any way. I foot all bills making me struggle to save while she keeps all she earns to herself. We also had a loan of over 10 thousand pounds to settle when we relocated, she didn't help with a dime till I paid all bits by bits which took me almost 2 years.

Despite this, I still help with house chores like taking care of our kids, home cleaning and even washing dishes though she does all the cooking.
I've expressed my displeasure several times but she keeps insisting I can't force her to financially assist, it's my job as I'm the husband. She seems convinced she isn't doing any wrong and no sign of remorse whatsoever.

I financed our relocation 100% without her contributing a dime.

This is causing a strain in the marriage and I am thinking if I am unreasonable in my demand, am I?
Your comments are highly welcome.

You are in deep shit and may likely sink and get completely consumed in it. Most men make this mistake from day one in their relationship with women by believing and behaving as if the man is and must be the ultimate provider thereby laying this nonsense foundation in their marriage.
Many ladies too are wired that way believing that their money is theirs while the husband’s money is for the whole family.

I once made the mistake while dating but corrected it before marriage when I learnt my lesson. I was shocked to see and realize that my new girlfriend now wife of over 23years, even as a student never visited my house empty handed! She contributed something no matter how little and I immediately saw the difference compared to those I had been dating who always collect and never contributed anything.

Insisting she assist with her income now may lead to serious marital problem except you’re ready for it. Train your daughter to be a better wife to her future husband and your son not to fall into this trap and choose wisely.
I have many advice for you sha but don’t have the time to type

Care4:
This is where you need more than one broker or account.

I know someone. His oldest account has UCAP at 4000%, NAHCO at 2000%. He did massive accumulation during COVID.

But on his younger account, they are just around 300% there. He said he's ready to sell them as soon as he sees a better deal.

Then his average or actual percentage gain on his Nahco investment is way below 2000%.

So that cannot be a good reason to have more than one brokerage account.

unite4real:
Does it mean that after buying shares in the olden days, you do not add up again?

This one that you trusted in presco from time at N50 and now you are on over 2,000% gain.

So u did not buy again to date?

Exactly what it means. I had topped up my holdings twice below 600 naira, with little units and that’s why my current breakeven price is 220+. And I am on 387+ percent gain