₦airaland Forum

Here is Why You Should Monitor Insider Dealings as a Nigerian Stock Trader

Since the Nigerian Stock Exchange (NSE) mandated listed companies to disclose insider dealings, a lot has changed as traders and stakeholders now have an idea of who is buying what, at what price level and quantity being bought.

For instance, in the last one month, Herbert Wigwe, the Chief Executive Officer and Managing Director, Access Bank, has been buying the company’s stock in large quantity and acquired a total of 7.532 million in the last on Month.

Click here to read more https://investorsking.com/why-you-should-monitor-insider-dealings-as-a-nigerian-stock-trader/

modath:
Hello...

Hello

webshopNG:
Still got it?

I have $305 paypal fund

kunletoks:
I am interested.

Kindly chat me up.

I have $305 PayPal fund.

If you are interested lets deal.

Mysticwebb:
Over five months ago. An unserious president is the major problem with this administration.

Not just unserious but stupid. They nominated Yonov Agah, Nigeria's permanent representative to WTO but sensing Agah does not have the popularity to garner enough support to win an election in Geneva next year, FG withdrew his candidacy for Okonjo.

ebuka1997:
If you’re looking for I can do that, thanks

Okay, are you are journalist?

Kobicove:
When a foreign company makes an investment in a Nigeria it gets issued a document called a Certificate of Capital Importation so long as the funds came in through official means and is documented by the CBN through the Nigerian bank which handled the process.

This document entitles you to purchase forex at official CBN rate when the foreign company wants to liquidate its investment and take out its funds.

The issue now is that due to the fall in price of crude oil the government and by extension the CBN is not getting enough forex therefore the foreign investors are unable to get an allocation of US $ so they can remit the funds to their home countries.

Surge in capital flights would kill the economy faster than coronavirus if the CBN allowed these selfish capitalists to abandon same economy they've profited from over the years.

Nigeria's foreign reserves plunged from $38 billion in January 2020 to $33.7 billion this month, this would kill the economy and worsen the nation's credit rating without buyers for over 60 Nigerian oil cargoes. Even April loading still don't have buyers, March was sold at a great discounts.

The CBN won't ruin the economy because of few capitalists.

CBN recently fined 28 banks N1.4 trillion to ensure their is no excess cash holdings in the banking system for these capitalists to continue liquidating.

Ishilove:
With the present crop of leaders we have here, Nigeria is not going to get better soon.

The good thing is if you grew up here, you can survive almost anywhere in the world because Nigeria trains you to be tough and hard as shells. That's what we should be grateful for; the training

Not in this era, no one needs physical strength not even the army. Its mental battle and because we are not well equipped in that aspect, several of our youths are jumping off the bridge to death.

In abroad, it is the battle of the smartest, in Nigeria, it is the battle of the craziest. If it is physical, how come we still have Boko Haram?

olaric:
Thanks for the info; of course I did say that "I stand to be corrected."

Na wa for you..what constitution recognize mayor of Enugu. In Lagos, Igbos are in state house and appointed in the North as advisers to governor. Not community created title. They will never admit they are the most tribalistic group of people.

tosyne2much:
N500 X 35 persons on a trip equals to N17,500 for just a trip

A boat could run up to 20 trips on the average per day. Now use your tongue to count your teeth

20 trips haba? They are doing two trips per day. People use that route early in the morning and in the evening during the close of business.

Romanoff:
I didn't even know Eniola has a TV production company.

She has a youtube based tv production.

enemybulldozer:
Is this really coming from punch??
Wonders shall never end!

Brother, I am shocked. What a bold move, what a stand.

mzBEAM:
AJ no mention or acknowledge Nigeria in his post fight, in-ring interview.

after all the hustle for streaming links wey we do,

AJ, your real papa.......

Stop that rubbish, he was asked by Ade Oladipo, a fellow British Nigerian during the post-fight interview, what was the motive behind his entrance song, fight to win by Femi Kuti. He said that was the song he trained with and he needed the same song to get in the mood.

He spoke about his meeting with Femi and their discussion.

saxywale1:
yay. Josh is boxing ruiz ooo, some serious jabs and he is very fluid.

He was nervous, AJ will beat him.

Gandollaar:
Good one. There are about 17 of them or so with Tinubu as the ring leader. Greedy mofos fighting corruption.

Edited:

Tiffuubu was included here cos he started the madness.

Did you read the article at all?

beresponsible:
What's strange about that?

Who said is strange? Rather we are telling Nairaland's tribal warlords to ceasefire. That man from that other tribe could be your link to achieve your dream, create jobs, ease unemployment and overall build a better community.

lalastical

Today I saw a video published by Daddy Freeze on his youtube channel where two people that met on Nairaland partnered to establish a business (kayautodetailing) that specializes in auto polishing and detailing.

Rasaq (Hausa) said he met Kalu (Igbo) on Nairaland. Few searches revealed oppre26 own kayautodetailing.

"Interestingly I met Kalu on the internet, Nairaland. He was looking for a particular detailing compound," stated Rasaq.

Kalu, who served in the North, said his experience during NYSC and partnership with Rasaq are different from the media narrative. He said despite their difference in terms of religion and tribe their commonalities transcend obvious differences. Watch their interview below.


https://www.youtube.com/watch?v=AcDugshxccM

mezarddinny:
the employer is unserious or she is probably a woman scared that the job seeker will come and take her shine in the office.
Jack Dorsey, the ceo of tweeter uses nose rings and styles his hair in an "unprofessional" manner yet he is still leading a giant company successfully. nigerians and their misplaced priorities

That is wrong, twitter is far from successful. Despite efforts, it has never been profitable.

Baba you must accept o. Don't let a wicked man left you with so much hate.

In fact, you should be committed to his exit, do the MC and dance that everyone would be like wetin this man chop today.

For the boss whom you see today, you shall see no more forever.

Baba dance, go to his office ask for pictures or show him what you've done and his biography if he likes it.

Almajiri1:
We are more particular whether the necessary documentations and tax were paid for all the monies made during the photoshoot just like they're accusing Allen Onyeama of bending their banking laws.

I believe that if proper searchlight is b[b]eamed on this, there might be at least one law broken in this process[/b]. Even if it is spiritual or our own traditional laws. Stupid Americans.

If someone spins this whole thing in that direction, Onyema will be in a far worse situation than he is now (politicise it).

Joe Biden, pictured with him and his business associate Kuku, is running for US president presently and his son, Robert Hunter Biden's role in Burisma, a Ukraine gas company, is a subject of an investigation in Ukraine and at the center of the ongoing Trump impeachment in the US. Because Trump had pushed President Zelensky of Ukraine to investigate Hunter in hope that his party would use the information to attack his father and gain an edge during the presidential campaign.

However, it backfired as some unhappy Whitehouse staff leaked the details and said Trump intentionally held back Ukraine's yearly support fund in exchange for what he wanted. In the USA that is election meddling, similar to what parliament is accusing Russia of doing during Trump's first election. Hence, why Democrats are going all out for impeachment.

Now, here is how it would hurt Onyema and even Joe Biden, this picture carries more weight at this moment than even Naptu2 that posted it realised. Onyema, an indicted money launder/fraud, seen with Trump's two main opposition Joe Biden and Obama. The story would be spined by Trump's team in such a way that Trump's ongoing impeachment would suffer a huge setback, exactly what he did with Wikileak info that brought Hillary Clinton down.

This would then force the entire Democrat to call for an urgent and thorough investigation of Onyema indictment as they would need it to clear their association with him. This is where it would get messy, these giants don't care whose heads on the chopping board, but in this case, it would be Onyema as they would push for his extradition to debunk his association with Joe Biden.

In fact, this picture is a blessing for Trump than a lot of people think and could put Onyema in a far dangerous position for rescue. I wish him well. Ishilove

legitnow:
THIS MAN IS STILL WAITING FOR U.

He will be ready when it happens.

Deontay Wilder zero boxing skill just one power right hand.

However, he leaves himself too open and if King Kong or Fury pack punch like AJ. Wilder would be down by now.

But AJ is the man he will do it. 2020.

No hair cut, no fine boy iss all business for the first time, AJ ready. Two times heavy champion of the world.

Wait for it, December 7th.

We ready.

realoscar84:
Because he rescued Nigerians from southafrica, we should look the other way if he commit crime? Have you read about criminals like Robin hood and Pablo Escobar? They were adored and respected by the poor because they were seen as hero who care about the poor and the downtrodden. Don't be sentimental about this. Onyema is still a suspect, not proven guilty yet. So he should prepare his legal defence. We will be happy and proud if he is eventually proven innocent.

The xenophobic evacuation was a calculated move, he has been under investigation for a while. Of course, he knows because his accounts have been frozen and that was the reason he started dealing with Embraer. However, Boeing bought Embraer July last year. A lot of people on here thinks the US is after him because he started transacting with a Brazilian company when it was actually Boeing, an American company that owns Embraer.

The evacuation was to win Nigerian sentiment when the whole thing eventually blow up. A perfect move!

RTSC:
Something is telling me that this is a witchunt because he is pivoting a lot towards Embrarer the Brazilian manufacturer.

That could be a game changer, and a serious lose of revenue for Boeing in Africa if it becomes the trend.

We need to look beyond our nose.

Yet made a stupid comment, Boeing owns Embraer. DOJ is no joke!.

wink2015:
Because he is buying Brazilian aircraft the americans are jealous and they want to pull him down by fire or by force.

Lol.. who owns Embraer (Brazilian aircraft) that Air Peace is buying from? For your information, Boeing, an American company, owns it.

Kenturkey048:
the fraud wasn't committed three years ago..in fact no fraud was committed..he transferred money from his Nigerian bank account to his States bank account for air bus purchase.but later changed his mind for some reasons known to him.he later transferred $16mil out of the receiving account to another of his bank account..what went wrong here was not doing the actuals with the transfered fund which prompted the financial history of his Atlanta business bank statement..

A whole DOJ indicted someone for fraud, a username on a faceless forum says no fraud was committed. Wow I believe you.

Ayoefa:
Some just want to make it look like it's just a case of money transfer from Nigeria. It's deeper than that. I actually like this guy and I sure hope he can beat the charges. There's bank fraud involved here. The Feds do make mistakes but not in a large case like this. When they come for you, they have done their homework very well and they will catch you by the balls. No escaping. Been through it and still standing. Mr Oyenma wil go through the painful process and will come out of it sooner or later. Chances that his businesses will survive this is slim to none. Unless the Nigerian govt decides to step in for National security reason as this is the only truly national airline for now. I sure hope the govt. will give this man all the support he can get without appearing as if they are supporting a criminal

That is why I stopped responding to her, the fraud was committed in 2016 according to DOJ. Meaning they've spent 3 years investigating Onyema activity, hence the discovery of his money laundering activity. It is going to be a long painful process and bigger than you highlighted as Air Peace's new aircraft acquisition contracts would suffer as manufacturers will now be demanding more documents or even conduct higher verification to ascertain sources of their funds. It's going to be tough unless govt stepped in.

Also, it is not possible for Onyema not to have an idea he is being investigated as his account would have been frozen prior to now, this may be one of the reasons he moved to evacuate 600 Xenophobic victims in South Africa few months back. He has Nigerian sentiment!.

franchasng:
You still don't get the whole story lol



Onyema sent the $20million from his Nigerian NGOs bank account to his registered company US bank account in US, and for him to send such amount of money to the US, he must provide proof of business transaction so he used the story that he is buying aeroplanes from a US based aviation company; Springfield also owned by him.


On receiving the $20million in US bank account from Nigeria, he then moved $16million to other accounts which they see as money laundering since all the documents he used from inception are false.

Take it from me, he was doing all these things to avoid paying huge tax in Nigeria, that was why he moved the money from an NGO account to US.


He thought since its an NGO, nobody will care to investigate it.


The question is, who are the donors of the $20million in his Nigerian bank account which he wired to US This is the major question being asked.


But I still believe he owns the money through his real estate business. But maybe he was lookin got shortcut to bye pass tax

Please stop na, this is what I do for a living and I just analysed the entire DoJ released document. He is charged with fraud and money laundering. You are emphasizing money laundering which was put at over $20 million between Nigeria and his non-existing US companies, NGOs. However, he orchestrated $20 million fraud received from US banks into his bank accounts, not transfer. His US manager is already talking, saying his name was fraudulently used to facilitate the fraud and he claimed he has no idea of the aviation industry. This is US DoJ, na wa o

franchasng:
Tinubu committed financial crime in the US and forfeited the money and ran back to Nigeria to hide, do you agree or not



Onyema didn't borrow money from any USA bank.


Do you know what Letter of Credit is


Or you need me to educate you more on that


Just last week, we raised an LC to a Chinese heavy duty manufacturing company in China for the procurement of some heavy duty equipment. So I know what LC is.


LC is not used to obtain loan.


How can Onyema, a Nigerian citizen obtain bank loan of that amount from a US bank without the necessary bank checks, do you think it is easy


The question people are even asking is, who are the donors to his NGOs in Nigeria? But I can tell you, he may have no donor but just using the NGOs to avoid heavy tax by Nigerian government.

This is my last response to you, from US Department of Justice. However, "the supporting documents were fake — Springfield Aviation Company LLC, which is owned by Onyema and managed by a person with no connection to the aviation business, never owned the aircraft, and the company that allegedly drafted the appraisals did not exist. Eghagha allegedly participated in this scheme as well, directing the Springfield Aviation manager to sign and send false documents to banks and even using the manager’s identity to further the fraud. After Onyema received the money in the United States, he allegedly laundered over $16 million of the proceeds of the fraud by transferring it to other accounts," the DOJ stated.

Letter of credit should be from a bank to another, usually international. Onyema received the said $20 million in his bank account and quickly moved $16 million. It is fraud, DOJ is no joke.