yemoj:

Hello

Just in case you are yet to get a response to this, I will advise as a student, you should have a long term view and invest in dividend paying stocks with good fundamentals. Play safe by investing in the banking sector...GTB and Zenith are cool but you may also look into penny stocks like FCMB. I will suggest Capital Bancorp Plc..I have been using them since the past 7 years and their service has been awesome. You can register on their e-portal by clicking the link below:
https://www.capitalbancorpngonline.com/IW/NewAccount/Index
or speak with one of their investment Officers Opeyemi on 08070708987 for more clarification.
Welcome to the capital market. I wish you the very best!

Try Morgancapitalgroup.com.

Pls show us the facts

LauraClasikVibe:
Dangote refinery will buy crude oil from NNPC at international prices, but pay in Naira at extremely ridiculous CBN rates

E.g, if oil is $60/barrel, Dangote Refinery will pay N24,600/barrel (N410-$1) instead of N29,100 (N485-$1).

He then sells that same refined crude he bought in Naira to the international market in dollars!

Meristem customer service has no rival, they are simply the best

Tvegas:
I sent Morgan Capital a mail for a reduced transaction fee because of volume of transaction i plan to do with them about 2 weeks ago, They promised to get back and till now Morgan hasn't said anything. I sent a follow up mail there was no response. Over the weekend I opened another account with Meristem, the customer service experience has been top notch.

My Conclusion: Morgan has made money or has money right now hence they don't need your kobo kobo deposits .Their live trading platform still seems better though but pride goes before fall. They need to watch it.

Meristem Customer service is in a world of its own. If they maintain those quick responses they will go far .

God bless you real good for this well written post, nothing more to add, you nailed it.,

DexterousOne:


Just imagine

ultron12345:


I can relate very well with your second paragraph.

I run a manufacturing business and a trading business.
The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff. Everyone we hire is appears to be on a mission to steal as much as possible. Inflated invoices, recording less than the actual number of units produced. The worst part of it all is that all the fraud we've uncovered is not done by a single person, it's usually many staff who collude with each other, from production, to sales, to finance, even top management. There was a year I overhauled management 3 times in a year. But I've found a solution sha, I now use Indian management. So competent, so honest and so straightforward. I thought they were expensive at first with all the visa fees, accommodation, house staff, but now that losses due to staff theft have been reduced to a minimum, and efficiency increased, the Indian management has turned out to be cheaper than the previous Nigerian management. Now, all sensitive positions involving money go to Indians. Nigerians are only allowed in non-sensitive positions. I used to criticize companies like Dangote Group that hire so many Indians when there are many unemployed Nigerians, but now, I understand their decision.

My biggest challenge in the trading business is the same, getting honest staff. The form of trading occurs in the open market, and involves staff having access to huge sums of money running into a few millions. I know how much I pay to security companies to provide escorts for the staff, not to prevent robbery, but to ensure that the staff go straight to the bank to deposit the money after the day's sales and not disappear with my money. This money spent on security companies is even enough to be declared as profit. We have to spend on CCTV, biometric scanners and other things that wouldn't not be needed if staff weren't looking for the slightest opportunity to steal.

It got so bad at a point that my main criteria for employing staff was no longer conpaetency but honesty. At least, competency and skills can be learnt, but once you're dishonest, you're dishonest.

We always complain of the economy and how they are no jobs. I know people abroad who would have loved to set up job creating businesses in Nigeria but they can't because they can't get any trustworthy person to run it.

I know people in Nigeria with so much money, they want to start factories and other job-creating businesses but they can't because they are occupied elsewhere and can't get any trustworthy person to run the business. So instead of investing in the real sector and creating jobs, they'll just buy treasury bills, while the thieves are shouting no jobs.

Many big businesses would have been born in Nigeria if we could engage in partnerships, but we cant because you can't trust anyone. This is one advantage the Indians and Lebanese have over us in Nigeria. They can pull resources together and do mega-business, unlike Nigerians that because only one person must do everything since we can't partner, end up with small, tiny businesses.

Start a poultry and they will be stealing your eggs. Some will even go
ahead to be killing the chickens so that they'll be allowed to take them home.

Start an entertainment/viewing/game center and they'll be pocketing
your money. On the days you're around at the business, the money
realized will be x10 of the money realized when you're not around.
Because they're eating your money.

Lease out a vehicle to a driver to use and watch as he'll finish you.

Start a restaurant, the same thing will happen. More than half of the
total food ingredients will end up in their personal kitchens.

Even ordinary provisions shop, they will find a way to steal.

You'll see them with that their evil, wicked saying "na where person dey work, na there e dey chop, na e make dem dey callam workchop/workshop"...... Just imagine, justifying theft at work.

And you'll see these people point their crooked fingers at politicians when they're not any different. I usually say the reason most Nigerians haven't stolen billions of government money, is simply lack of opportunity.

Nigerians are the problem of Nigeria.

Just check the link now Morgan Cap is on thelist.

IYGEAL:


I just went to the official website of NASD. I could see Afrinvest, Investment-One, Greenwich and a few others as brokers. Apparently Morgan Capital is not on the list. You can send them an email to find out.

My only surprise is that Cash Craft is there

Thank you for your time...we don hear lol

stcool:


My point is the possibility of FBHN trading @N1 on the NSE while the entity survives a crises and your money will be intact in your account.

Off course FBHN can't be wiped out unless Nigeria seizes to exist.

Anyways let me stop here! They are already crying that I am predicting doom

Stop causing panic pls.

stcool:
I told you this week is last opportunity to sell off and hold cash...till Q4 2020

Its OK to ignore...A lot of money will be wiped off from NSE!

Be wise...Bailout now or get wiped out!

ojeysky:


You may look at meritrade just started using them and they seem quite responsive

Very responsive.

Stanbic

Desanta:


FBN or Stanbic.

Chibuking81:

I would have bring it back to December, but I follow and listen to my spirit. Anything this year is red signal, but I can review it to January 2019. My spirit never lie to me, but when ever I do otherwise I do regret it. So 2019 is both bonanza period and year of making money.

Hmm... stock trading is not spirit matter lol..

Infinitisi:
I have another book by the same organisation which covers Technical Analysis. It covers the basics though when you finish you won't be as good as our gurus BBM and fxuser but it gives you a good foundation you can build on. If you are interested in this one shoot me a mail and I will send it.

After reading it you can now follow up with "Japanese Candlestick Charting Techniques" by Steve Nison which I am currently reading. It's a very good book and you can download it on pdfdrive dot com.

kindly send pls to dumininu2000@yahoo.com

Honestly Nigeria banks are scammers , a former bank official confirm this to me they have a way of extorting their customer and this so sad.

Running a current acct in Nigeria is like putting your money down the drain you pay stamp duties , card maintenance etc.