₦airaland Forum

megawealth01:
Let's not even start another debate because you know some of those items mentioned can't stay for a year and still used by you or anyone

I live in the North...
for so many years...
Na wetin i learn from the North ..
Try ask folks that deal in storage biz...

megawealth01:
What about the perishable items?

Once you take out the key ones...
Rice... Beans...Grains...Yams.. Oil... etc
There is less pressure...
Tomatoes are also available in dried form....

chimex38:
I tire for this new Wahala..
It's not just the petrol price one is afraid of now, essentials(footstuffs, etc) now have reason to balloon to the moon even with the already artificial increase on some of them in some places.

If you are bouyant enough
Take the opportunity of stocking your store
during harvest period...
I always stock up for 12 months ...
I dont worry about fluctuation...

Whobedatte:
Egbeda to Igbosere road at Lagos Island this morning
N27000 fuel at N950/ litre ar petrocam.
Fuel no reach me back to egbeda I still had to top with N7k .
We all need to oust this calamity in Aso rock.

We have been buying
N950 outside Lagos months ago
Na above N1k we go dey look now...

emmaodet:
lol.
Investing.com? that their balance sheet, statement of cashflow and financial statement figures are not always correct?
Have you compared any released official financial statement from any company on ngx and compare it to what invest.com use for their financial ratios?
Egungun be careful, na express you dey go

Depend on whether u are on..
the paid version or free version...

megawealth01:
Allow us get to our $1 peacefully... We don't want pullback oooooo

We must keep doing 10% daily without anyone hating us.

We have Presidential backing so anything can happen

Most folks underestimate the Presidency and power play.....

Esp in Naija...

All forces will align .... by fire or by force

RuddyFusion:
The Palestinians do not have any other options.....their plight now is before the whole world ..Let the planet be the judge

They have options...
Let them come to the Negotiation table...
My problem is with Hamas...
that believe in armed conflict....
Sincerely, you dont leave for the whole world
something you can do for yourself...

madridguy:
I will edit this before you pour your lies as usual.
I need you to know that for any action, there is consequence. The Palestine have had enough and now they are challenging the children killer IDF. Let everyone be mourning their loved ones.
Mind you, I have been waiting for you to open a thread about the new published article about the US soldiers massacre " Haditha massacre" in Iraq in 2005 that the US government have been hiding from the world since then.

Here is the link to the news.

https://www.newyorker.com/podcast/in-the-dark/the-haditha-massacre-photos-that-the-military-didnt-want-the-world-to-see

If by tomorrow, the children or relatives of the Haditha massacre go on revenge against the killers of their loved ones, you will open series of thread to call them terrorists, and call people like me that always stands for the truth terrorists sympathizer.

Stop supporting injustice.

This is not a wise move by the Palestine....
U dont fignt an enemy that is stronger than you...
You go to the drawing board and build yourself...
Get good allies...
Then come to the negotiation table
To get a good deal...

Ades1:
$19B na chop money lmfao!!! American dollars oooooh!!!! Nigerians joke too much sha . Just throwing figures around any how. All the banks in Nigeria probably not worth $19B as we speak. But na chop money for big boyz

Even Only Abacha loot ....
self pass $5 billion dollars
Dats the one they can trace ...ooo
What about those they cant trace...?.
U no see say NNPC could not produce audited....
financial statement for 43 years....
U don hear that before ...thats almost half a century...

megawealth01:
One of our rules in Bulaba firm is we don't do research. We just have the confidence that our uncle will help us move it to $1 soon

U dey make me laugh...
Na statistics we go chop...

ositadima1:
$19b is minor.

Dat $19b...
Na chop money and arrangement for big boyz...
Things can always be arranged...
This is Naija...

KarlTom:
@ositadima1

Let me drop my 2cents.

Generally speaking, the oil business is a massive gamble. Here's what I mean: the current figures used are all estimates.
Secondly, any company with license in the E&P has sufficient resources to serve as collateral for loans. (Even Nigeria used oil to secure loans).
The profitability index of each sector is what each company needs to look into.

I don't think funding will be an issue IF OandO wants to secure either WR or PHR (though I feel they will rather build a smaller capacity refinery from scratch because of the moribund nature of those refineries).

Aside loans, they can raise funds through an IPO or RI which I believe will be OVERSUBSCRIBED...

Buhari spent over $19b ....
in maintaining four refineries ...
Within 8 years ...
That $19b that disappear with no results...
Revampin is a minor issue...
If they meant bizness..
They know what to do....

ositadima1:
Have you been to the refineries? Those refineries are massive liabilities. It will cost quite a lot to put them back in order, except if they want to use them for scrap. I've been to Eleme refinery, but don't take my word for it. Just do some research on restarting a refinery that has been left for more than 20 years.

Anything is possible in Nigeria; they might sell it at a ridiculous price or just give it away to their relations.

When u are the President nephew ?
Anything is possible....

GeeKudi:
I believe the profit taking will continue early next week and we may see it at 60+ before it rallies again.

Are you sure of this
With the above news today
Got to increase my Oando units 2day..
Oando will likely pick one of the refineries..


https://www.nairaland.com/8199844/nnpcl-hand-over-warri-kaduna

Iridma:
Good one. Now the government is serious about the food inflation.

This undoubtedly the best decision by Tinibu lead administration

Dem suppose give FG one month to crash fuel price

Clowns

mrkings84:
By the tinubu finishes with him.....

Tinubu cant finish Dangote ....
He is from the North...
Tinubu need to calm down...
He need the North for the next election season...
The Presidency will still return back to the North ...
After 8 yrs...

designking:
Once the Dangote refinery kick-start petrol supply this September, the Nigeria economic outlook will be very improved and majority of stocks in the NGX will receive a lot of demand.

You may be wrong...

There is a Naija factor in the equation...

Mpeace:
Seplat alert just landed. Very efficient in dividend payment.

Nice one from Seplat !

Ojuntana:
90%!!
How realistic is that?

Possible...
if they are serious.... ?

Ojuntana:
Better

Sanwo-Olu is really trying with rails

But he needs to also pay attention to the internal road networks and water availability

Most parts of Lagos do not have potable drinking water

Fix the rails first...
Move 90 percent of the masses to rail...
U can then shift to roads...
U have less pressure on the roads...
So they can last...

designking:
A lot of stocks will pull back tomorrow and it is a good time to buy these stocks

1. Oando
2. Eterna
3. JAPAUL
4. C & I Leasing
5. FBNH
6. Ellah Lakes
7. Total

Dont think so ..
Pull back should come after EOM..

Lifestone:
You are talking about a structured business. These are sales shop, one man business. There no such things, their costs structure can't accommodate that. They won't hold her responsible if she is not accountable

Too much shortcuts....
Iphone of N2milla ....
And u cant employ a cashier of 15k to 30k per month..
Dats greed and unacceptable...!!!!!

Lifestone:
A sales person has responsibility to confirm his/her payment before releasing her goods. It's common sense
Until you run a business.

A sales girl has no business with money...
Cash collection and transfers from Customers should be handled by the cashier....
Cashier authorized release of goods after confirmation of funds...
That's the standard procedure.
Its called Segregation of Duties...a form of physical control in Accounting...
Thats a simple way of preventin fraud and irregularities...
No Agbero scammer will come to your shop
when u have simple control like this...in place

Omooloriredade:
They are still buying apparently. They increased their position by #4,337,300 last week.

Yea...
They sold ...
and re entered as sentiment improves..

Lifestone:
Certainly not the owner. The careless sales girl should bear it. I'm happy she resigned, let her start her own business and see how it hurts.
For other sales girls resigning means there was a conspiracy, I'm happy the owner dodged a bullet

Its negligence also on the part of the shop owner.

There should be a dedicated staff handling transfers from Customers...

Simple policy that Customers should know transfers will be confirmed before releasing goods... should be in place.

Its poor controls over their procedures...

Raider76:
Thanks to Atiku. Opposition in Nigeria seems to be working.

Dont mind those guyz in NNPC
Seplat suppose don cross N4000/share...

Raider76:
CI Leasing website doesn't show presence in UAE

Check their quarterly report..

Ginalex:
Finally, TPower don drop. 1 more time please

2 more ...

megawealth01:
I weep for Nigeria

"No country that subsidised consumption will survive today global economic reality..."

Take this my quote and also personalize it in your life

I agree...

Baba should just let Dangote Refinery work properly...

And let the other four refineries come up...

Thats the first step of faith

KarlTom:
H. E. Alhaji AA is actually challenging the takeover of NNPC Retail by OVH Marketing.

There will always be bad press until things stabilize financially with OandO. That's why every news about OandO is a 'bull news'

OandO-NAOC deal looks fair (bar the funding)...

Fair from what angle. Seplat /Mobil deal on hold... Shell/Renaissance on hold... While Oando-Naoc deal sail thru sharp sharp...

Antichristus:
Nigeria is NOT safe. It's one of the reasons I relocated over 25 years ago, and haven't looked back.
RIP, baby!

No where is safe ..Bros..
Folks get killed in developed countries...
Only God protects ....

nolamicautos:
My religion and show off. Reasons why I stopped going to church.

Find a church that fit your style. I have been ti MFM and Deeper Life. No on cares abt what you got to show off.