₦airaland Forum

Emmafrancis:
I need someone to educate me here. Please how can the hike in the price of dollar affect a product that is produced locally in Nigeria? Do the dealers buy the gas with dollars here in Nigeria?
Also whats the connection between crude oil price and natural gas? The two are different, why should the hike in price of crude affect gas?

"Understanding Nigeria problems" na 20 unit course

We still don't produce enough gas in Nigeria so majority of the gas is still imported.
Crude oil and Natural gas come from the same oil well.Natural gas appears first before the crude oil is reached in the oil well that is the connection.

When is updcreit and sfsreit declaring and distributing dividends for 2021?

yMcy56:
MAY & BAKER
1. Proposed dividend: 0.30k.....subject to shareholders approval....
2. Directors to take steps to comply with CAMA 2020 on Company's Unissued Share Capital......including,but not limited to cancellation of such.
https://doclib.ngxgroup.com/Financial_NewsDocs/35361_MAY_AND_BAKER%20OUTCOME_OF_BOARD_MEETING_CORPORATE_ACTIO.pdf

FIDSON
Proposed Final Dividend: 0.50k..........subject to shareholders approval.
https://doclib.ngxgroup.com/Financial_NewsDocs/35359_FIDSON_HEALTHCARE_PLC%20ANNOUNCEMENT_OF_DIVIDEND_RECOMME.pdf

CUSTODIAN, ZENITH
Today 25th March is their final Qualification Date......

UPDC
Q4 Audited Financial Statement
https://doclib.ngxgroup.com/Financial_NewsDocs/35360_UPDC_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINANCI.pdf

Nawa for UPDC PLC.
Shareholders of UPDC are really losing money.

Tranquility2345:
Please what does the DD stand for? Abeg o I’m just asking for a friend o

Due Diligence

Do not generalize on the male gender.
Your ex-boyfriend as an individual is the lowest of the scum out there.
Focus on making money and leave love matters.
The only love you need is self-love.

Farukhassan442:
Yes dont fund your grey usd directly you can buy paypal usd at a cheaper rate from one of the exchange like ng.pexbank.com thats if you have a paypal account that can send and recieve fund from there transfer to grey

I don't have PayPal account and don't intend to open one.

Farukhassan442:
THEY WORK SIMILAR BUT IT ONLY FOR AFRICANS YOU CAN LINK IT WITH YOUR PAYPAL ACCOUNT

I have signed up and i am waiting for approval for the USD bank account.
But grey finance fees is on the high side.

Is there a commission-free USA stock buying/selling/trading platform that support Nigerians?
The ones that I know such as RobinHood do not support Nigerians?
The ones that support Nigerians such as Trove are not commission-free.

R2bees2:
You want to start investing in Crypto and you chose LTC?.. Wait don't invest yet, get crypto knowledge first. When you are done learning you wouldn't look the way of that shiity LTC. Back to your question, you can't use 9ja card on any crypto website for now due to our country's policy on crypto.. Sign up on Roqqu and start using P2P to buy and sell, then gradually you move to Binance and get exposed to real crypto world. You'd look back to this question and laugh at yourself.. People are making Xss and you are here talking about LTC, not even ETH or BNB.

Okay Thanks.
I have invested in crypto some few years back when LTC was popular, so it is one of the few cryptocurrencies that I understand and know well.
Why do you hate LTC?

Abeg who can point me to what website I can buy litecoin using a naira debit card at a good LTC market rate and low or no fees without KYC verification or signing up on the website/app?

Farukhassan442:
BRO use https://grey.co

Thanks but how does this compare to wise(formerly transfer wise)

BabsO2:
Looks like ACCESS bank is the first to raise additional tier 1 capital through instruments other than shares. That N4.58 stated on their issued annual report will fool some people.

Will the raising of additional tier 1 capital dilute existing access bank shareholders?

Is there a fintech app or website that support Nigerians and provide a dollar-denominated bank account number to receive, send and perform other money/financial transactions?

atere4ever:
Hoping ETI price will not continue tanking

Did they (ETI) declare dividends for year 2021?

yMcy56:
LEARN AFRICA
Corporate announcement
https://doclib.ngxgroup.com/Financial_NewsDocs/35145_LEARN_AFRICA_PLC%20CORPORATE__ANNOUNCEMENT_CORPORATE_ACT.pdf

What Merger or Acquistion is this?

I stated the reasons in my post.
I agree that all the dead stock should be sold off but I didn't have the time to be listing dead stock out of his brother's portfolio for him.
I can't advise someone to sell at a loss, that's up to him or his brother and is solely their decision.

emmanuelewumi:
Any reason for buying Stanbic IBTC?


It does not matter if he is selling at a loss or a profit all the dead stocks in the portfolio should be sold immediately.

My definition of dead stocks are penny stocks that are illiquid, have not paid dividends in 2 years and above, are having problems with profitability and are not acceptable to Financial Institutions as collateral.

Waiting to sell at a profit might be dangerous, he should understand the time value of money

Any update on the project?

Foundwealth001:
Thanks for your concern.
I repeat, I'm very careful and highly sensitive to release my personal information and that of my brother to any1.
For your doubt, you can see the attached screenshots of my brother portfolio.(only 4 pages could be posted)
I'm here to seek the elderly advise of people of timbres and calibers like Pa Emma et al.
For whoever is knowledgeable in portfolio construction will only get the equities portfolio with no name and personal information.
On the other hand, I keyed into your suggestion of seeking brokerage firms opinion.
The only reason my brother detests their opinion is due to their unreasonable recommendations.
My brother mentioned that he was always following the recommendations of Meristem and Afrinvest from 2017 to 2019.
Most time they tell u to buy, the stock crashes in price, when they tell you to sell, the stock begin to appreciate.
This platform has been a guide to my personal stocks portfolio.
We weren't communicating at the time he was buying most of the stocks coz of individuals differences and sundry issues.
We only re-established communication in Nov 2021. That was when he told me about his portfolio and investment objective of investing for his kids University education.
@ Pa Emma, I just introduced him to NSEMPA today.
I used to be a guest on this platform for years but only registered recently.
I already told him Pa Emma suggestion and he is also reading it as I'm typing this response.
He keyed into investing N1m yearly in fixed-income funds since he can afford it.
He still insists on a neutral expert who can reconstruct this portfolio without sharing personal information.

There is nothing complicated about this rebalancing problem.
My advice.
Sell all the shares in the portfolio that can give you a profit when sold and then invest the proceeds in buying STANBIC @ less than N35.
The remaining shares in your portfolio will be those shares that will give you loss if sold recently, You/Your brother have no choice but to hold them until you can sell them for profit.
Why Stanbic?
The Highest Dividend yield in the NGX for now and the company and its subsidiaries are sound fundamentally.
Read their 2021 Unaudited financial statement and their 2020 Annual Report for your research purpose.
I am confident that by following this advice your brother's dividends paid for 2020 this year will be the highest that he will ever receive in a year.

What is RTB?

What will happen to those shareholders with CHAMPION BREWERIES shares who didn't accept the MTO?

The main reason Shell is completely divesting is due to the high risk of doing business of Nigeria and the numerous litigations regarding oil spills and oil and gas matters won against the company in Nigeria.

c

Is it possible for a Nigerian to find a way to open a ROBIN HOOD stock trading account?

Why does Stanbic profitability keep reducing year to year?

yMcy56:
MORE RESULTS .......
https://doclib.ngxgroup.com/Financial_NewsDocs/34954_FIDELITY_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/BUA_Cement_Plc_Unaudited_Financial_Statement_for_the_Period_Ended_Dec._2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34953_BUA_FOODS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34945_EUNISELL_INTERLINKED_PLC%20_QUARTER_2_%20_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34950_MCNICHOLS_CONSOLIDATED_PLC%20_QUARTER_4_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/Notore_Chemical_Industries_Plc_-_Unaudited_15_months_Interim_Financial_Statments.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34951_LASACO_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34948_STANBIC_IBTC__HOLDINGS_PLC%20_QUARTER_4_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34952_FIDSON_HEALTHCARE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34956_SFS_REAL_ESTATE_INVESTMENT_TRUST%20_QUARTER_4_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34958_PRESTIGE_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34960_SOVEREIGN_TRUST_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATE.pdf

UbahTheBuilder:
Hi everyone.

I am looking for a way to purchase a lapel or lavalier USB microphone. I am based in Uyo, Akwa Ibom State.

Can anyone help me with any tips?

Buy it on Jumia.
I bought mine on Jumia.

joinnow:
Ibadan, ogun, Osun,kwara but it will be far.

It doesn't matter.
Kindly connect me.
Should i drop my phone number?

Is it still possible to be able to buy a farmland for the price of N100_000.
I stay in Lagos so the price of land is high.
What's your opinion?

Market Gurus, Is Payment for order flow allowed in NGX?

Biafran4life:
Pls someone should explain to me what happened though it was good for me.I decided to sell half of my Dan cement so I could buy total because the news in the oil market etc. Now I placed two sell mandate via online . The first was with #280 and second #290 just few hours to close of business. Then I got an xalert of #284.90.What I don't understand is that the buy decided to buy above my first #280 order by paying 284.90

N284.9 or N285 is the average of N290 and N280.
I think the two separate sell mandates were joined and executed as one at the average price of the two separate mandates.

angelEmade:
Offer still valid

Can i test a sample/demo of the app/website before payment