₦airaland Forum

onegentleguy:
https://www.energymixreport.com/fg-revokes-seven-oil-block-licences/

Not a positive news for SEPLAT PETROLEUM PLC.

Excerpts;
"The Nigerian government has approved the request to revoke the licences of six Oil Mining Leases (OMLs) and one oil prospecting lease (OPL), in the onshore, shallow water and deepwater Niger Delta basin.
The request was made by the country’s Ministry of Petroleum Resources. The assets are all held by Nigerian companies.

The acreages affected include OML 98, an onshore asset located on the western flank of the Niger Delta, held by Pan Ocean, a company controlled by the Nigerian businessman Festus Fadeyi; OMLs 120 and 121, held by Allied Energy, which has changed its name to Erin Energy and has now gone bankrupt; OML 108, held by Express Petroleum, but whose technical activities are managed by Shebah Exploration & Petroleum, a company owned by Seplat Chairman A.B.C Orjiakor and OML 141, held by Emerald Resources whose principal, Emmanuel Egbogah, passed on recently.

The only OPL among the seven is OPL 206, held by Summit Oil International, a company founded by the late Moshood Abiola, politician and businessman, whose victory at the country’s Presidential elections in 1993 was annulled by the Military."

NOTE: Just an informational piece. ...NOT to be interpreted as any sought of recommendations.

- Dont think this should affect SEPLAT Operations...
- SEPLAT licenses are OML 4, 41, & 38...
- OPL 283 & OML 55...

OakPearl:
Your doubt has been confirmed.
And this is how I have missed out from an opportunity to grab some at N31.55.
(Perhaps my punishment for signing in late).
Anything can still happen though, who knows.

Picked some decent units at 31.85...
Lets wait and see..
Dis mkt self...

easyflow:
Not much just for leisure..

You should be looking at other non conventional feeds..
Cassava Peel Meal, Rice Bran, etc to replace maize ....
It should cut down your feed expenses...

Dami12345:
Hes a genus and they frustrated him getting a PhD while passing others that weren't standard.

If he was in the u.s he would have been on the papers as one of the leaders in his field

Sometimes we all need a little bit of luck to be successful in life ....
Whether u are genius, average person or a dullard ....
In Nigeria or in US ....
We all need prayers to always be at the right place..at the right time
Definitely... UI is not the right place for Zubair...
The wise sometimes go hungry, and the skillful are not necessarily wealthy. And those who are educated don't always lead successful lives.
Ecc 9 11

RIP..

My private home is an asset not a liability. Why ?

I have an home made business that generate income.....
I run a backyard broiler business that gives me income on a 6weeks cycle.....
I grow simple vegetables and fruits and sell excesses to neighbours ....
Income from these home based outlets is enough to service my private home mtce costs....

- Whats the price of a simple water treatment ?
- Its a bore hole water
- Water is hard...
- U cant use it to cook, wash or drink ...

Agrostyles:
I'm only being practical. Since the birds are much, he would have to sell at 550-600/kg and not the usual 1500-2000 per bird. Also, logistics involved in producing broilers of this quantity doesn't-come cheap. Unskilled labour, skilled labour, drugs, shavings etc will gulp money more than expected.

Ur position is correct...

OBAGADAFFI:
I call my broker about this of Friday.

He gave me the CHN - C........OS and the Shareholders AC Number.

Note- I noticed the Shareholders account number is the CSCS NUMBER.

Pls check your Morgan Account details after you log in

You will see your CHN number - Clearing House No on that page.

Ur CSCS account number is there too

kinibigdeal:
I laugh when people think Tinubu have got that kind of power or influence. Do not wail by the time Lawan and Buhari turn against him. No Northerner can be loyal to a southerner. Senator Lawan will only use Tinubu Bullion van to get to power and dump him as usual. You can't be a Senate president and be taking orders from an Ex. Governor

Simple thruth...
History has shown us that the North dont betray each other....
I hope folks in the SW, SS and SE can learn this simple fact...

Anambrapikin:
If you are not matured and ready for marriage please don't force yourself because there are many responsibilities and wahala that comes with marriage.
If only Africans will see marriage the way white men see it.

Having a peaceful marriage is tough....
Marriage itself comes with a lot of responsibilities...
Got this 10 advise from a Xtian site...
Its really been helpful to maintain a peaceful home...

-1. Don,t say everything that cross your mind...
-2. If you are angry, pause before you speak...
-3. Dont bring up past baggage...
-4. Always listen...
-5. Speak gently....
-6 Dont go to bed angry....
-7 Forgive quickly, forgive often, forgive fully....
-8 Serve your family unselfishly....
-9 Stop holding unrealistic expectation....
-10 Be Affectionate....

olagbola45:
welcome development....made in Nigeria should be prioritized more and they should conduct numerous test on such vehicles before rolling it out for people....more innosen car on d roads b dat

next level is surely guarantee

This is so sad....
Is this the next thing for PMB Administration ?
We know that 70- 75% of cars are made from Steel.....
Why cant PMB fix Ajaokuta Steel Company ?
And help Nigeria release the potentials of the Iron and Steel Industry...
Fix the steel industry...importation of cars will reduce drastically...
FG got no bizness giving loans to buy cars!!!!!!!

delugajackson:
That woman's call has finally been picked after series of trial. She was expecting just a paltry sum of 3k at the end of the day but God provided an helper and she was blessed beyond her expectations.

If she wasn't there at that moment who knows, maybe someone else would have claimed her blessings. May we never miss the day of our reward.

Well spoken.

This is the summary of life itself...

Just be at the right place....at the right time...

God factor is the most important ingredient ...

Even Tony Elumelu said.... luck and favor play a key role in life ....

Prodigytal:
We should stop calling government to everything. Government didn't develop the banking or music industry. If young people start to realise that agriculture pays more than yahoo, agriculture will improve. 1 tonne of cocoa sells for 2,000 dollars. You can grow cocoa in less than two years, thanks to IITA. Imagine producing 100 tonnes. All we need is a farmer with a large instagram following, showing off wealth and telling Nigerians he's a farmer before they start jumping in.

We need FG to provide enabling environment for biz to survive...
This is the core problem of every sector in Naija...
We need light, we need transportation, we need good infrastructure....
It cost =N=40,000 per tonne to import maize into Nigeria from India...
And yet our farmers can deliver same one tonne of maize at N90,000 to N120,000.
How do you compete in this volatile environment ?
FG, SG, LG ..Agbero etc will tax your biz ...How do you even survive as a business owner
As at now in Naija... it pays to do yahoo yahoo

theoldpretender:
Well, they are not just stealing from the 'Northerners', they are stealing from their own people too

Illegal bunkering reduces government revenue...which makes funding the budget harder for all...including Southern oil producing states

These bunkerers will store the money they make in illegal bank accounts, offshore. None of it would reach their people.

The Northern Elites are notorious for illegal smuggling across border......

You hardly hear any arrest from the North.....

One of them is a multi billionaire kingpin of smuggling.....

He is living at the backyard of Gen Buhari in Katsina State....

What is good for the goose is also good for the gander....Let them arrest those guyz up north too...

Rolly22:
I want to buy a mini bus for transportation business in owerri, Does anyone knows how much I can be getting from this weekly?.

Bros be careful.
It is either you drive yourself ..
Or Monitor your driver like village people...
Even with that driver will still cheat you...

Deadlytruth:
Couldn't have been better said. The number of purely FA and TA based predictions which failed here is very huge. Most rallies here are never foreseen by the FA or TA. They just catch everyone unawares and before it is realized, the whole thing has died down.

FA and TA are tools to predict...

However, one also need luck also to make decent kills on the stock market.

johnmattew:
the biggest Reason why I stopped going to church...and prosperity gospel too.nigerian doctrines make one look like a dumb illiterate

they have forgotten that we are our biggest Enemies,not our village people,friend or families.....it's really sad that RCCG is part of the 'our enemies must die' doctrine.they gave successfully mixed Africanism with Christianity..I really respect the likes of TB Joshua that will never preach this kind of Nigerian Christianity doctrines

Pls learn to read your bible....

Joseph was betrayed by his brothers...
Absalom planned to take David Kingdom..
Judas betrayed Jesus with a kiss...


A man’s enemies will be the members of his own household.’ Matt 10.6

7lives:
Nigeria is not anti trade, Nigeria is anti dumping.
Let them come and set up their factories here or wear the textiles themselves.
So many block heads roaming Nairaland these days, if all we do is open the country to all kinds of imports, how do we stimulate local production that will create the much needed jobs?.

You want to encourage local production...
Where you dont have stable power supply.... no roads
Infrastructure at almost zero level...
How do you even compete with the Northern Elites..
That are warlords and textile smugglers.....
Go and read about Mangal smuggling empire in the North....
Nigeria biz environment is simply hostile to bizness...

soulpeppersoup:
Edison said, "success is 99% inspiration and 1% perspiration"

98% inspiration can't give you success according to him

That,s the simple thruth....

It is that inspiration, that single connection, been at the right place by chance that always lead to success....

And not by hustling everywhere....

Mcy56:
Ok. People are free to open their mouth, oh sorry use their keyboard to type anything anyhow.
Not all is worth listening to. Mr.Market will do what Mr.Market will do.
For instance, see DF that was largely bad-mouthed here, it moved from 5 to 10, even at the sight of massive dumping, it was still defending its share price.

Dat Dangote Flour issue na spiritual case...

heyteaherm:
iF you can remember my predictions about the NSE bear trend not ending soon as we are still only in the 2nd wave of these cycle, I have looked deep into the markets and noticed quite a few repetitive trends as sides any news using purely only Technical Analysis to foresee what is going on, the NSE is not so complex and then we have indicators fundamentally not agreeing to any bullish trend, like we have witnessed any bullish trend right now is only a correction that will hit the resistance ceiling with heavy rejection like we just witnessed , don't let anyone deceive you regards of the election outcome the heavy sell-off would have happened anyway, Nigeria is fundamentally improvished no matter who became president there are still issues like the dwindling FDI, high rate of poverty, unemployment rate etc I'm not really a fundamentalist but I try to check fundamentals to confirm my bias . The rise in price since sept 2018 has only been a correction the impulse is downwards. I said the downtrend should get prices like zenith bank at N11.70, Gtb at N17 and Access at N3.6 below is the chart of my former analysis check them yourself if it's accurate or not.

until when my prices are met am not interested except am shorting the market

I am the CEO of Guru Capital LTD
I can help you save a lot of money, avoid gambling and giving the market makers your money.
PM or Whatsapp me for a comprehensive review and market outcomes

We dont do Whatsapp etc on NSEMPA....
If you have any analysis, TA or FA ...
you can share it with us....
Like every other member of this forum has done
From fxuser, currentprice etc and even newbies .....
U cannot help anyone to save money ....
We are all the master of our portfolio...
Everyone take his own decision...

PharmAlfred:
What is happening to Morgan this morning?
Any body having issues?

No issues

megamart247:
https://www.nairaland.com/5053308/breaking-atiku-presents-6-point-demand#76235922

Another round of Bloody Bear loading.........
Pig will also get slaughtered.
Chubuking was actually right....

Relax...
Election is conclusive...
PMB is in charge ...
Congratulatory message all over...
Atiku want to go to court.... fair enough...
What we need is good corporate action...
Zenith, Afripud... Dgte Cement are fair enough...
Mkt will stabilize....lets all make some money...

iambabaG:
The children of hate will never see anything good in this.. Before now, retired Generals were untouchable.
Definitely, many more of this to come since baba doesn’t have second term to eorry about.

Shall all the looters of our collective wealth suffer same fate in the soonest possible time

Pls stop writing as if you are in space...
I am 100% sure if AVM Tony Omenyi name is Abdulrasheed Maina and is from the North....
DSS will escort him via a private jet out of the country...
While EFCC will declare him wanted ....
Thats the end of the case...
This is a govt of the North, by the North and solely for the North....
With PMB as the king of the North...

Donmedra:
I've admitted Atiku Abubabakar was a very bad choice, he was never a serious contestant and he's not love up north and will never be loved by them.

He spent much time fighting corruption allegations and the other time begging for useless endorsements.

Saraki was too over hyped and Obasanjo overestimated himself.

Too bad though. Atiku will loose the court case

Atiku Abubakar was never a bad choice....
His time will eventually come....
Buhari lost 3 times, 2003, 2007 & 2011....
Buhari also went to court... No big deal...
It is not easy to have over 11 million votes in your first shot in an election... that damn close even to General PMB...
Thats almost close to what Buhari had in 2003,2007 & 2011....
And close to votes GEJ had as a President...
Most of you are naive about the North...
They always find a way of settling their differences...

mendes911:
DangCem 10% up.....

I don plan to sell my DangCem this morning...
Now Morgan is misbehaving ...

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25105_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2019.pdf

Dividend N16

From N10.50 last year to N16

Lets wait for the market reaction 2morrow

Mcy56:
Lol. Mention me in politics section so you can convince me on what Atiku will do differently.

I will...

A man that own companies and run a business is a good omen for SMEs and employment.

Just tell me one single business PMB has successfully run for 75 yrs except living on tax payers money.

Mcy56:
Boss not insulting at all but I've been visiting politics section since result collation started and mehn, the kind of bitterness and doom speeches coming from those PDP supporter's heart could be felt in their writings, which I think its not fair or good for the progress of the country.
Since Inec made the verdict, I expected everyone to return to status quo.

It is not bitterness or doom speeches....
We all know the man PMB...
He ruled in 1984.....we queued for bread & milk....
He ruled in 2015.... we coped with hunger, poverty, unemployment & bloodshed....
He will rule in 2019 again....Can a leopard change its spots ?
Everyone brain go reset very soon ....

TheCurse:
Jail thieves
Invite the best smart young people in the country to devise a fail-proof and transparent election technique
Create a lot of employment
Subsidize goods for the citizens
Listen to their constituents and do as told

PMB came in 1984....
We queued for bread and milk....life was difficult for Nigerians....
He ruled in 2015.... 31yrs after
20.9m Nigerian became unemployed, intolerable suffering by Nigerians, bloodshed with his army of herdsmen.....
And you expect all these from PMB....
I laugh in Swahili...
Can a leopard ever change its spots............?