₦airaland Forum

Ishilove:
Let's see how many geniuses we have on the forum.

wife
(11+3) + 15+1 =30

mercylicious:
I've not experienced this before. My request get treated in 24 hrs.
Send a mail to info@morgan capital group.com. copy Morayoj@morgan capital group.com.
Follow up with a call to 08107596134.

Same here. Do call

Before you venture into anything in life, count the cost, take informed decisions

[quote author=feeloscar post=34694790][/quote]So are you saying that before I say anything about our President I should have said something about the former President

Interesting

What we all want is for the country to move forward. Every one is entitled to his/her opinion as to the way things are in the country since the inauguration of President M Buhari. It is important to put our leaders on their toes and ensure they deliver on the manifestoes and promises.

stanleychimezie:
http://www.today.ng/politics/i-wont-recognize-bukola-saraki-as-senate-president-unless-tinubu/

Tinubu na wa o, u wey encourage Tambuwal to defy PDP instruction. So u r now bitter. There is GOD o

plainol:
all I know is - THIS IS JUST THE BEGINNING, someone will cry in the end.

When is the end if I may ask? Who is the someone?

bettercreature:
Make no mistake there was no election

I beg to disagree, abstaining from an election does not invalidate it. All was shown live on TV yesterday. The APC shot themselves in the foot. p

yomi007k:
Examples of Real investment are?

Fish farming, agribusiness, transportation among others

fish farming, agriculture, transportation business among others

yomi007k:
Examples of Real investment are?

princeuk21:
i just saw someone post that he invested 100k for 91days and received 524.82 and he said the interest is low. the problem with some of us is that we don't read or like to read. i don't know about some of us but if you ask me I'll say its not adviceable to tie 100k for 3 months expecting N500. we have little business out there that can pay you real good with as low as 10k. treasury bill is for big fund and you will always enjoy NTB with huge fund not N10,000 or N100,000. Beginners should Read books on financial intelligence to enable them grow financially and you can always read through the thread if you are free to enable you be ahead of some of us in this thread it will pay you real good.

Someone also asked if treasury bill its safe or risk free and the answer is YES (but if there is a civil war then your principal will be refunded after the war but have no fear for now ).

Enjoy the thread we are always here to help


Princeuk21

The truth be told, NTB is the safest form of savings deposit. Real investment involves taking calculated risk. There are good investments in which you can get twice the returns on Treasury bills. So let guys see TBills as part of investment portfolios and not the ultimate investment package

It is real drama. Let democracy take its course. Allow for elections on the floor of the National Assembly. No to imposition through so called mock elections which are a sham. I dey watch o

atbu1983:
How United State Speaker is Selected

The House of Representatives elects the Speaker of the House on
the first day of every new Congress and in the event of the death
or resignation of an incumbent Speaker. The Clerk of the House
of Representatives requests nominations: there are normally two,
one from each major party (each party having previously met to
decide on its nominee). The Clerk then calls the roll of the
Representatives-elect, each Representative-elect indicating the
surname of the candidate he or she is supporting.
Representatives-elect are not restricted to voting for one of the
nominated candidates and may vote for any person, even for
someone who is not a member (or member-elect) of the House at
all. They may also abstain by voting "present". [3]

en.m.wikipedia.org/wiki/
Speaker_of_the_United_States_House_of_Representatives

Note that it is stated that the political parties made the decision of
who to contest ahead of time. And each party only present one
person.

APC is doing the right thing

Wheb did the US constitution or way of practise become our standard. The speaker is not that of APC but of the house of representatives. Let the party follow the example of the President. Hands off

taiwoliu:
Oga mi, I no understand ds a beg. Is it d price of a particular stock or what?
If so wch 1?
I'm a learner ooo

What it means is that the value of shares can trade for as low as 1k on d floor of the NSE against the present minimum of 50k

faroukfahima:
Yesterday the strangest thing happened when the Nigerian Senate passed a record 46 bills into law in just 10 minutes.

The bills were introduced by the Chairman, Senate Committee on Rules and Business, Senator Ita Enang and all 46 of them had been recently passed by the lower House of Representatives.

The Senate’s decision to pass the bills was predicated on the fact that the life of the current assembly is expected to expire in a few days time and that enough resources had already been expended in processing the bills, hence there was the need to pass them and forward same to the President for his assent.

According to Enang, the “bills by this resolution are hereby read and deemed read a third time and passed, to be transmitted to the President for assent in accordance with the Acts (Authentication) Act, and the Constitution of the Federal Republic of Nigeria, 1999.

“That the votes and proceedings containing all bills be produced for adoption, as passed by the House.”

Not everyone accepted the fast track.

Some senators led by Senator Domingo Obende, Edo State, and George Sekibo, Rivers State, opposed the passage of the bills in less than ten minutes.

The Senate President asked them to write their names and signature when the house became too rowdy and efforts to calm them failed.

Here are the 46 bills passed by the senate:

1. Tertiary Education Trust Fund (Establishment etc) Act (Amendment), 2015;

2. Office of the Nigerian Financial Ombudsman Bill;

3. Institute of Chartered Trustees of Nigeria Bill;

4. National Convicts and Criminal Records (Registry) Bill, 2015;

5. Community Service Bill;

6. People’s Bank of Nigeria Act (Repeal) Bill

7. Nigerian Bank for Commerce and Industry Act (Repeal).

8. National Commission for Rehabilitation Act (Repeal) Bill;

9. Maintenance Orders Act (Repeal) Bill, 2015;

10. Federal Saving Bank Act (Repeal) Bill 2015;

11. Loan (State Development) Act (Repeal), 2015;

12. Nigerians in Diaspora (Establishment) Commission, 2015;

13. Electronic Transactions Bill, 2015;

14. Chartered Institute of Statiscians of Nigeria, 2015

15. Nigerian Metallurgical Industry Bill, 2014,

16. Federal Audit Commission Bill, 2015,

17. National Centre for Agricultural Mechanisation Act (Amendment,) Bill,

18. Nigerian International Financial Centre (Establishment, etc) Bill,

19. Investment and Securities (Amendment) Bill

20. Nigerian Communications Satellite, Bill,

21. Federal Capital Territory Education Resources Centre (Establishment) Bill;

22. Labour Institutions (Establishment);

23. Witness Protection Programme Bill;

24. Institute of Mediators and Conciliators Bill;

25. Legal Education Act (Establishment) Bill;

26. National Health Insurance Commission Bill;

27. National Economic Intelligence Committee (Establishment) Act (Repeal) Bill.

28.Federal College Dental Technology and Therapy Bill,

29. Federal Capital Territory College of Nursing and Midwifery Bill,

30. Oaths Act (Amendment) Bill,

31. Federal Capital Territory Hospital Management Board (Establishment) Bill,

32. Passport (Miscellaneous Provisions) (Amendment) Bill,

33. Chartered Institute of Management Accounts of Nigeria

34. Federal Capital Territory Water Board (Establishment) Bill,

35. Institute of Local Government and Public Administration Bill,

36. Whistle-blower Protection Bill,

37. Family Economic Advancement Programme (Establishment, etc) 2015,

38. Family Support Trust Fund Act (Repeal) Bill,

39. Nigerian Industrial Development Bank (Guarantee) Act (Repeal) Bill,

40. Treasury Management Bill 2015;

41. Legislative Powers and Privileges Act (Repeal and Re-Enactment) Bill,

42. Anti-Torture Bill, 2015;

43. Lobbyist (Registration and Regulation) Bill,

44. National Hospital for Women and Children, Abuja (Establishment, etc) Act (Amendment) Bill,

45. Nigerian Prisons Act CAP, P29 LFN 2004 (Repeal and Re-Enactment) Bill 2015 and

46. Nigerian Oil and Gas Industry Content Act 2010 (Amendment) Bill 2015.

http://www.forumspotz.net/see-list-of-46-bills-the-nigerian-senate-passed-yesterday/

To me there is nothing extra-ordinary in what they did, only that it may bring up an argument that why not have a unicameral legislature. If those bills were not passed like that, it means the 8th National Assembly will start all over and that will be a waste of time and resources.

It also brings to the fore that the primary responsibility is to make laws for the good governance of the country. Probes and inquiries into money matters should be left in the hands of the police, ICPC and EFCC

just2endowed:
BANK JUST CALL ME THAT MY BIDDING WAS UNSUCCCESSFUL

It is normally better to go with the bank rate, note rates are generally low as the CBN is awaiting the Government's fiscal policy direction

myjoy08:
Let's have some discussion, what strategy do work for you in the stock market?

Below are the one i adopted from Kelvin O'leary...

The bearish trend in the market shouldn't allow us to ignore this simple formula of stock markets pattern, which i adopted from chairman of O'Leary Funds. The 3 simple formula are as follows:

* Never invest in a security or stock that doesn't pay a dividend or interest.
* Always save a consistent portion of your income.
* Spend the interest, never the principal.

In summary, the 3 formula can be said to be "One should keep making money while you wait"! All contributions are welcome...

In addition look before you leap; While you cant be 100% correct, take calculated risk. You win some, you loose some

lurther:
Buhari at Niger, Osibanjo at Sudan and also moving to south africa.

No chief of staff

No Secretary to the state government.

No ministers yet.

Boko haram bombing Borno everyday.

Nigeria, which way forward?

My people, what else do we do?

Who is in charge right now. Who dictates the day to the government, if there is no cabinet and the president and vice president are out of the country?

I guess it may be the President of the Senate

Caracta:
The minimum you can invest is 100k.

It's normal for banks to discourage you from t.bills because it doesn't count for them unlike fixed deposits.

As for preferred banks, you'll have to weigh your options.

I use Access bank n you can invest 100k

Manonamission:
Was thinking the market will start with most stocks on full bid ni

Why

Machine075:
It appears morgan capital have decided to switch off all their phone lines. No reply to mails. The money i transfered last friday has not reflected and it is almost time to trade. BNSITL inthe house pls what is the way forward.

Send a mail to info@morgancapitalgroup.com stating your particulars, I do it whenever I do online payment. In addition when paying did u give your morgan account number, it helps fasten the process

taiwoliu:
Gone thru d thread but stl v a few questions:
1. Is d interest paid every month or just 1s?
2. Contradicting posts on charge on d thread; is it 0.125% of face value or d interest? Cos I read on here dt it is deducted upon maturity, but d yield had bin paid upfront months b4 maturity.

My observation to d house: instead of referring newbies to page1, it wld b grt if one of d experts made a summarized post of what needs to b known for newbies. Den newbies can b referred to that page, reading from page 1-102 is tough considering u'll v to sieve thru teachings, complaints, bid attempts and results, it gets confusing along d way.

Just my observation.

Cc: feelamong, princeuk21, pipz and all

The truth is that newbies will come every now n then. Since the forum is more of a current affairs cum educative one as questions are asked answers will be given. It is incumbent on people to do some research too.

With the expieration of ex President Jonathan's tenure what becomes of the constitutional amendment bill of 2015? We were told on Wednesday that an agreement was reached between ex President GE Jonathan and the National Assembly on the matter. However since then silence. So where are we on the matter of Constitution Amendment?

ihedioramma:
what was the price? and what of 2014 fy?

6K 2013 n 2014
http://nairametrics.com/official-nem-insurance-plc-propose-6-kobo-dividend-per-share/

http://nairametrics.com/did-nems-latest-string-of-results-just-make-it-a-hot-stock/

ihedioramma:
what was it?.

NEM paid dividend on the 2013 FY results

ihedioramma:
Ok, what did they pay as dividend or bonus last year?.

Yes they did

For starters lets all read 'Animal Farm" by George Orwell. I think that as a nation let ask ourselves are we really willing to change? It has been said that people normally get the leadership they deserve. As individuals let us all resolve to change for the better effective NOW.
Many a leader have rode into power on a tide of mass popularity, only to perform woefully when in power and exit rather undignified, maligned and worse of.

Aloaye:
I've not used Mytradebook but from observations on comments here

Meritrade(I use this)
pros: Good customer service, Accounts gets credited as soon as you contact them and they have a mobile app, good reputation in the stock exchange too,easy to open and complete opening form online.

cons: The online data update is not instant and you dont get to see trade as they happen. You can balance this up with the nse website but it's not too good especially when your major strategy is JIJO(Jump In, Jump out)

Morgan:
pros: Low brokerage fee(0.25%) as compared to meritrade(1.35%), real online data and you get to see trades as they happen, good for JIJO

cons:not too good customer care(tho you may not need their 'care' much), you have to fill the opening form sent by mail and scan to send.

I'm not too sure of other cons of morgan because I have not used it but you can open an account with both and manage your account combining the pro's of both platforms.

Cheers

Well I use Morgan and honestly its very good. Really you don't need the customer care services.

just2endowed:
I have bid for next week tb. I hope ecobank will adhere to my rate. Those bankers are smart. If u don't know much they will sell secondary bid to someone but i insist i do my bidding

y not follow the bank's bid. rates are going down o

in simply terms to me subsidy is ensuring that the price of a good or service is below the actual cost price-in other words, there is a loss. No concerning the Nigerian situation, the crude oil is sold in the international market at ruling price. Its based on this that the Federal Government bases its budget. So the crude is sold and we import, like any other country, refined oil at international price, together with it attendant cost of transportation, insurance and landing charges. These no doubt makes the cost of refined oil higher than crude (since value has been added). Now the Govt. arbitrarily fixes the refined oil (PMS) price. So the differential is called Subsidy

Well the counter argument is that ideally, the budget of Nigeria should be based on crude oil that is sold to external customers. The crude oil that is to be used eventually in the country should be sold at local cost of production price to refineries who will the send it back at a reduced price. States and LGAs will kick because it will mean reduced revenue, no wonder they wand an Accountant General of the Federal Republic

So to me there is subsidy but its being mismanaged because our monitoring agencies have been corrupt

The way out.....

Jejebaba:
Pls let someone reply to this post. Is there anyone in the house who receives trade alert anytime he/she trades on Morgan because trade alert is always deducted in the statement or does anyone sees his Morgan portfolio in the online cscs stock monitor. Your response will be appreciated.
Thanks.

I do receive SMS Alert