Stay off FBNH now!

CBN may sack the entire board of First Bank and once this happen,shareholders will suffer.

samguru:
Stay off FBNH now!

CBN may sack the entire board of First Bank and once this happen,shareholders will suffer.

why will CBN sack them

samguru:
Stay off FBNH now!

CBN may sack the entire board of First Bank and once this happen,shareholders will suffer.

CBN can not sack the entire board.

They might go to court if the issue lingers on.

Biafran4life:
why will CBN sack them

The News is flying around, FBN retired MD and appointed another

Insider borrowing by Otudeko--> https://nairametrics.com/2021/04/29/cbn-issues-ultimatum-to-first-bank-of-nigeria-on-divesting-its-interest-in-honeywell-flour-mills/

samguru:
Stay off FBNH now!

CBN may sack the entire board of First Bank and once this happen,shareholders will suffer.

It is long over due, Otudeko ought to have been sacked long ago

OBAGADAFFI:


CBN can not sack the entire board.

They might go to court if the issue lingers on.

Are you a learner, what happened when CBN sacked the board of Intercontinental Bank, Union Bank, Afribank, Skye Bank, Bank PHB and Oceanic Bank.


Better to sack the board than to withdraw the operational license of the bank

jideflash:
Insider borrowing by Otudeko--> https://nairametrics.com/2021/04/29/cbn-issues-ultimatum-to-first-bank-of-nigeria-on-divesting-its-interest-in-honeywell-flour-mills/

He used his position to make sure FBN Capital invested in the highly inflated IPO of Honeywell Flour at N7.50k in 2008

Honey well is now is now less than N1.50k total dividend in 13 years is less than 50k.

Even me with my elementary knowledge of accounting, finance and Investment knew Honey Well was damn too expensive at that price, but the experts and analysts at FBN Capital could not advise their company not to invest.

Case of conflict of interest between a board member, his personal company and the bank

emmanuelewumi:



Are you a learner, what happened when CBN sacked the board of Intercontinental Bank, Union Bank, Afribank, Skye Bank, Bank PHB and Oceanic Bank.


Better to sack the board than to withdraw the operational license of the bank

Some of the banks you mentioned are having Recapitalization and insulvency issues.

onegentleguy:

It wasn't a difficult one but yes, ur math mentor would be proud of that answer in bold.
Arranging the alphabets A-Z in series captures the Nos 1-26. (in ascending order)
1st and last latter of the 1st word is I and L which mirrors the Nos 9 and 12.
1st and last letter of the last word is B and S which mirrors Nos 2 and 19.
I+L=B+S= 21.

Good one mercy. Try and help show Sir Doc, Lion, Osita and others how to solve math riddles.

I got the answer right. This is great!
Thanks for the nice remark sir.
@Osita, Doc, Lion123 and other interested Nsempas, come and enrol for Maths riddles' solving class ooo. The charges is not much.

SEPLAT:
Paying quarterly dividend of..... $0.25cent
Qualification Date: 12th May 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33173_SEPLAT_PETROLEUM_DEVELOPMENT_COMPANY_PLC%20CORPORATE_ANN.pdf

When we posted that this SEPLAT should be picked @circa N285/300 that time, some were busy posting analysis paralysis........SEPLAT closed @570 as at yesterday........

**Not any form of recommendation again, the price don waka**

NAHCO:
https://doclib.ngxgroup.com/Financial_NewsDocs/33175_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC%20_QUARTER_1_%20_FI.pdf

IKEJA HOTELS
https://doclib.ngxgroup.com/Financial_NewsDocs/33174_IKEJA_HOTEL_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2.pdf

ACCESS:
Live streaming to 32nd AGM
https://doclib.ngxgroup.com/Financial_NewsDocs/33170_ACCESS_BANK_PLC%20NOTIFICATION_OF_LIVESTREAM_LINKS_FOR_.pdf

OBAGADAFFI:


Some of the banks you mentioned are having Recapitalization and insulvency issues.

Don't you know FBNH is on LIFE SUPPORT

BARGAIN HUNTERS TAKE NOTE!

Shameful misconduct and financial recklessness from FBN. they destroyed FBNH profitability and are still enjoying huge Directors bonus and payout

emmanuelewumi:



He used his position to make sure FBN Capital invested in the highly inflated IPO of Honeywell Flour at N7.50k in 2008

Honey well is now is now less than N1.50k total dividend in 13 years is less than 50k.

Even me with my elementary knowledge of accounting, finance and Investment knew Honey Well was damn too expensive at that price, but the experts and analysts at FBN Capital could not advise their company not to invest.

Case of conflict of interest between a board member, his personal company and the bank

yMcy56:
SEPLAT:
Paying quarterly dividend of..... $2.5cent
Qualification Date: 12th May 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33173_SEPLAT_PETROLEUM_DEVELOPMENT_COMPANY_PLC%20CORPORATE_ANN.pdf

When we posted that this SEPLAT should be picked @circa N285/300 that time, some were busy posting analysis paralysis........SEPLAT closed @570 as at yesterday........

**Not any form of recommendation again, the price don waka**

Good News for Seplat Holders
Picked it up at N486 early this year
Make dem pay us year end dividend first
We then close it up with Quarterly dividend again..

FBNH:
Bargain hunters sighted on queue below 6.90.........
I don't think there's anything so bad in changing or sacking board of Directors........isn't it healthy for the bank self?
Those Directors are rogues in white collar.....

PETERiCHY:
Don't you know FBNH is on LIFE SUPPORT
BARGAIN HUNTERS TAKE NOTE!

First Bank has been improving lately........
Let those thie.ve.s-chopping-fat leave and allow fresh breeze blow on the bank.......

PETERiCHY:



LOCO with the way you are FRIGHTENING I don't see youl crossing the N2:00k RIVER with us.

Some are busy making MONEY while others are writing book of LAMENTATIONS.

Meanwhile there is a pending invicible bids of over 20m units of Transcorp waiting at #0.96k to close the book for today.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

For the doubting thomases the invicible over 20m units cross deal was done and dusted at N#0.97k this morning.

We are fueling our JET for the GREAT JOURNEY ahead.

BARGAIN HUNTER TAKE NOTE

emmanuelewumi:



It is long over due, Otudeko ought to have been sacked long ago

Corporate Cow boys...
Nig banks generally lacks good Corp. Gov.
I only stick with...
GTB.. & .Stanbic

yMcy56:

I got the answer right. This is great!
Thanks for the nice remark sir.
@Osita, Doc, Lion123 and other interested Nsempas, come and enrol for Maths riddles' solving class ooo. The charges is not much.

Ok ma. Hope my transcorp plc dividend will be enough

yMcy56:
SEPLAT:
Paying quarterly dividend of..... $2.5cent
Qualification Date: 12th May 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33173_SEPLAT_PETROLEUM_DEVELOPMENT_COMPANY_PLC%20CORPORATE_ANN.pdf

When we posted that this SEPLAT should be picked @circa N285/300 that time, some were busy posting analysis paralysis........SEPLAT closed @570 as at yesterday........

**Not any form of recommendation again, the price don waka**

Should I buy at current prices?

Willie2015:


Good News for Seplat Holders
Picked it up at N486 early this year
Make dem pay us year end dividend first
We then close it up with Quarterly dividend again..

Thought you sold then or was it Nestle you sold?

PETERiCHY:



For the doubting thomases the invicible over 20m units cross deal was done and dusted at N#0.97k this morning.

We are fueling our JET for the GREAT JOURNEY ahead.

BARGAIN HUNTER TAKE NOTE

Help me push it to N2, will be grateful

ukay2:


Thought you sold then or was it Nestle you sold?

I sold Nestle

who don dey pack my universal insurance at, 20kobo. im not done there yet.

OBAGADAFFI:


CBN can not sack the entire board.

They might go to court if the issue lingers on.

It has happened in the past

CBN may do so as the bank is of systemic importance to the nation.

ukay2:
Ok ma. Hope my transcorp plc dividend will be enough

1kobo? Chai!
Custodian's should do, it's manageable.

ukay2:
Should I buy at current prices?

Wrong person.......
Question meant for my ogas on top......

PETERiCHY:



For the doubting thomases the invicible over 20m units cross deal was done and dusted at N#0.97k this morning.

We are fueling our JET for the GREAT JOURNEY ahead.

BARGAIN HUNTER TAKE NOTE

take to 100km ... I don't kare!!!!!

https://nairametrics.com/2021/04/29/cbn-issues-ultimatum-to-first-bank-of-nigeria-on-divesting-its-interest-in-honeywell-flour-mills/

Getting clearer picture

jideflash:
who don dey pack my universal insurance at, 20kobo. im not done there yet.

Your caverton looks promising than fake universal.

PETERiCHY:



For the doubting thomases the invicible over 20m units cross deal was done and dusted at N#0.97k this morning.

We are fueling our JET for the GREAT JOURNEY ahead.

BARGAIN HUNTER TAKE NOTE

They left those powerful offers at 95 and 96kobo and chose to cross at 97?
We still dey sha