GentryAbi:
Are you allergic to good things? The only functional rail system in Nigeria is built by a Yoruba man, so take your BS to your godforsaken region.

Is this road an achievement for Gov Seyi ?
This is what we have been doing for the past 62 yrs..
Lagos completed his Blue Rail transit in Sept 2023..
and within four months, it transported 583,000 passengers.
Let Seyi do the same thing in Oyo State...

Tired of road construction in Naija....
On top N700 per litre fuel..
They will keep on repairin road yearly...
Let this Gov focus on rail transport...
Its cheaper for the masses and generates revenue...

Ades1:




When I see all the stress people here do for small figures like 170k, 200k, 300k, I laugh hahahahaha..... Do you know how much blood pressure one would have to undergo for these small small profits?? This is why I outlined all methods and decided dividends was my best route for peace of mind. I am glad I did, I would be mad if I were sharing my profits with brokers

Dividend is a function of your capital...
if u are sittin on a good deal of cash...
Then one may consider waiting for year to collect a paltry
NGX 10% DY...
Why should I wait for dividend when I can do 100% within a month ...
And still come back and collect same dividend...

ositadima1:


For Morgan Capital, one round-trip transaction should incur a cost of less than 2.5%. Therefore, with an 11% return, subtracting the 2.5% cost would result in approximately 8.5% net profit. An 8.5% return on an investment of 2 million would yield 170,000. Although this may seem modest, a few of these transactions can accumulate into a substantial amount.

A meager 5% monthly return compounds to an impressive 79% annually, outperforming SUKUK, bonds, and Treasury bills, though with a higher level of risk.

N170k ....
This aint modest..
In this TInubu era...
Will get u 3bags of rice ...
in my zone....

poseidon12:


You are not even ashamed of admitting publicly that you voted for a career criminal? So what were you expecting from him?

He was the best ...
candidate out of the
3 leading candidates...
U do what u have to do ...
in a system that offers you little choice...
Atiku has nothin to offer ...
Obi is another rookie still learning the rope....

[quote author=Agbalowomeri post=128969858]

Laughing keh
With my garri ijebu here
Mercy no allow me see garri buy again
We left indomie for them, they still came after our garri [/quote

ednut1:
Some people will still defend APC and tinubu . The MOU will be used to obtain huge loans and the project will never get done.

Bros.. I voted for Jagaban..

But Baba has been messin up seriously...

We cant run away from reality on ground...

Where are the CNG buses Tinubu promised ?

Is Port Harcourt refinery now operational ?

Where is the new national living wage promised by Tinubu?

robobo:


for me the bolded is the key, imagine 500bn revaluation gain from UBA being invested in TB at current rate of over 20%, that is an assured 100bn profit for 2024 FY without any cost involve (no depositor to pay interest on the capital because it is part of equity)

D rate is a plus for the banks..
Q1 2024 should look nice..
My portfolio is leaning towards Banks...

Mfunkynation:


TA - Technical Analysis

FA - Fundamental Analysis

SA- Sentimental Analysis

U forgot JIJO

JIJO - Jump In Jump Out

Franzinni:
The greatest fear of a rich man is death... They fear it like crazy.

It's the one thing their money and power is absolutely useless against. .

Death.... The great equalizer!!!

Reminds me of pastor suleiman who believes he is protected by Gods angels but still bought a bullet proof vehicle that ultimately saved his life.... While his sheep members in his entourage were mowed down with bullets during the attack...

He he life is fun!

Just learn to read your bible....
We are mortals....and...
Wisdom is profitable...
Elijah with his superb anointing flee from Jezebel..
Even prayed for God to take his life.....
Three times Paul was beaten with rods ...
And once was pelted with stones....

Deadlytruth:
Why is the house relatively quiet today? Is it that everyone here is monitoring the market so closely out of fear of the unknown?

-Waitin for Div from banks...
- And if the surging interest rate can compel...
- banks to step up their dividend....

grandstar:


Imports has nothing to do with the present problem.

The CBN is running a loose monetary policy and that has swollen money in circulation. That inadvertently led to more money chasing the same amount of goods and forex Monetary policy needs to be tightened.

Why do Nigerians believe we have an import problem? Nigeria does not have an import problem. What the country has is an export problem. Nigeria is exporting enough. The country isn't generating enough dollars.

Switzerland with a population of 8.7m people imported $291bn worth of goods and services.

Israel with almost 10m people had imports of $108b

These are tiny countries. Nigeria with almost 22 times the population of Israel barely imports $60bn


Import substitution policies don't work! When they even do seem to work, they carry a lot of baggage with them.

The ban on cement import imports have simply made Nigerian cement one of the most expensive in the world and made 2 Nigerians billionaires. Those in the building industry believe the ban has done far more harm than good. The minister of works Mr. Umahi has not hid his displeasure at the high cost of cement.

Another is the policy demanding that 70% of all oil and gas contracts in that industry be given to Nigerians. This has made the founder of Nestoil probably a billionaire. How many people can buy a private jet worth over $60m?. But operators in the industry are unhappy.

Import substitution policies don't work and that is why you consistently see policy somersaults. The CBN was compelled to lift the dollar restriction placed on 43 products.

Pat Utomi, a seasoned economist just recently said they don't work.

For countries to prosper, they need to focus resources on where they have competitive and comparison advantage. Products and services here will bring in the much needed foreign exchange.

If the resources wastes on rice was invested in agricultural commodities the country has comparative advantage in, by now, I won't be surprised if exports of such products adds another $5-10bn annually to what the country presently brings in.

Sesame seed alone can bring in $2bn as well as sheabutter. Cambodia increased its cashew nut production from 100,000mt -700,000mt in 10years. Nigerias production stayed flat at 100,000mt.

When South Korea started its rapid development in the 1960s, exports were expanding by 40% yearly for 10 years.

Nigeria isn't used to exporting. Recently, due to the drop in the value of the Naira which made Nigerians food cheap in CFA terms, trailer loads of foods being transported got seized and traders treated as economic saboteurs. A devaluation is supposed to spur exports.

Exports are the real problem and not imports.

When u add value as a nation...
D end game is self sufficiency and export ...
Monetary policies only cant do the magic...
U need to complement it with fiscal policies...

chunkuli:
Please how do you use skrill to fund T212 accounts?

U can only use Gpay
and
Wire Transfer

Amotolongbo:
I heard Herbert’s elder brother also died in a car crash with his wife some time ago.

May this tragedy find a rest and stop in the Senior Wigwe’s life

Elder brother died in a car crash with wife ...
Now junior brother died with wife including pickin in an air crash...
Thats a pattern ...
Surviving members need to sit up,,,

wman:
Hopefully, they'll get enough tomato suppliers from farmers to run the farm.

Where are the farmers that will supply fresh tomatoes.
It's just a waste of time..
Na so Tony Elumelu and Suswan commissioned
Orange juice company in Benue State...
No single pack of orange juice produced till date
Bunch of clowns and scammers

Adinije:
I wonder why they're arguing

A cross deal happened in DS and NASCON at 10.02am. I saw it. Unfortunately, it wasn't showing in trades. DS was exactly 100k, NASCON was 123k

Most folks wont see it..
Cos its early ...
Those are the first trades...
that dropped at 10am plus

Asonaijaaso:


I actually commend Tinubu for doing those 2 things.
Meanwhile the other guy you mentioned is a political Neophyte.
He governed Anambra so well, he moved to Lagos after his tenure, just like his Godfather who moved to Dubai.

There is nothing to commend Tinubu for...

Mr President simply did not plan for the effect of subsidy removal and floating of exchange rate ...

Where are the CNG buses Tinubu promised ?

Is Port Harcourt refinery now operational ?

Where is the new national living wage promised by Tinubu?

Folks are really suffering in Nigeria ...

I am a fan of Tinubu but his performance is poor...

grandstar:
The CBN g9vernor was simply looking for a scapegoat for his loose monetary policy.

Until monetary policy is tightened, there will be no respite for the Naira.

CBN has done its best...
We cant continue to import everything we consume
And expect magic from the CBN...in terms of monetary policies...
We need to add value as a nation....
In terms of service and products...
Thats the missing link in Naija for so many years...

Coolcash1:


No sir. It is still expensive.

Me and my household won't touch it until its below N90

When MM start defending it...
we go know say time don reach..

Blacktruth:


It is an Etv installation with an android box

tks

Blacktruth:
Dstv subscription, i went for a quality free to air dat can also cover all dstv stations for free .

Can u state the name of the free to air

Mpeace:
I think mtn is waiting for q1 2024 to decide what way to move.

How do they tackle losses from devaluation...?
Its almost a regular feature of coys with such exposure...
DSR.. MTN ..Airtel...Total . Nestle etc etc...
Its getting scary...

Let them advice Akume to ...
face his SGF duties in Abuja....
He want to be SGF and the same time...
be the Governor in Benue...
We have a long way to go in governance in Nigeria...
Father ...no dey gree for anyone this year

Deadlytruth:

I am in a deadly ambush for MTN. Pouncing will take place in few days.

Just calm down.. u will get it less cheaper.. . Airtel was smarter ..they arrange share buybacks that will last for months to reduce effect of bad result

Naija is a tough country to rule...
Every area has a cabal...
Custom, Police ..Immigration... Markets...
Churches.. Mosques... Unions.. Universities ..Farmers... Political Parties etc
U must settle those guys before u can breathe

packman:
Hello guys
please anybody has an idea Trading on Nasdaq... Or New York exchange from Nigeria without using the likes of CHAKA and BAMBOO

Thanks

Try tradezero .

Locotrader:


A total of 6,788,540 units of champion cooling head in my portfolio now.Not for sale till target met.I even pray for buy out offer self.

No need to show pics again.
Some go begin throw me big stones on my bald head.

Nice one

How dem go come pay their lawyers
When they get deficit of N128m to pay
Dis one na double wahala ...

[quote author=Moneyboyz post=128703068]Early last year I was motivated to start a beer distribution business, I did my research bought the land and constructed the building.

Unfortunately for me, I didn't know someone is selling just few blocks to where I acquired the land. Although the competitor was a small scale but I do not want to compete because there is also a coke/pepsi depot right next to it.

I've decided to go into manufacturing but I'm not sure what I could do. I need ideas and possible the required capital that would start it.

Please no pure water factory suggestions.

Thank you.[/quote)

Not a fan of Manufacturing sector ...
We have bad environ for bizness.....
Even most overseas coys in Nigeria are closing up...
D few available ones are posting recurring losses as a result of devaluation...
I can advice you to demarcate and rent it out ...
Collect your rent without stress...
U can also do farm storage during harvest...
And sell later in the year...

LTD Liability - How much ?

yMcy56:

Honestly!!
...I was looking at quite some stocks when market opens and just wishing in my mind!

Imagine ACCESS @16 something....
ZENITH 31 something.....
FCMB @7.20 or so
SUGAR@50
Even JAPAUL 1.83.......
Quite a lot

Very tough decision ....
to start pickin...
Unless u are a money bag...