Education / Re: National Open University Of Nigeria (NOUN) Students by foandt: 3:14am On Sep 26, 2017 |
Kazrem: E-EXAM just ended today. Thank God for a a very successful semester after all. May God be praised.!!!
Registration for new semester begins immediately. Remita to generate payment code activated.
Waste no time. The semester will be rushy.
You have questions to asked, issues to resolve, you have me here for that.
Buckle your belt and let's go.
kazrem is back! Thanks Kazrem. I just checked my 2016 PGD final results and discovered that I passed all my courses except one. However, I saw in the result list that the minimum credit point is 30. I have more than this required minimum credit point (33 to be precise). The question is, do I need to re-sit for the carryover to pass all? Or this point (33) is sufficient for me to move to the next level. Thank you all in anticipation of your advice in this regard. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 5:25pm On Mar 25, 2017 |
locodemy:
Shebi dem pay 25k as interim come pay you 55kobo now and all together 80 kobo.Dem no try or you keep your stomach for another mans bizness? They paid interim dividend of 20k plus this 55k final dividend making a total of 75k (60k: 2015) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 4:07pm On Mar 19, 2017 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 2:51pm On Dec 26, 2016 |
locodemy:
oga zendi,As no active company resemble my moniker,you mean i should change Locodemy to Fcmbman?.......Dont worry i will do that as soon as we enter the new year. Academy press resembles your moniker now 2 Likes |
European Football (EPL, UEFA, La Liga) / Re: West Ham Vs Arsenal (1 - 3) On 26th December 2013 by foandt: 5:10pm On Dec 26, 2013 |
A bottle of campari bitter for all gunnrs fans |
European Football (EPL, UEFA, La Liga) / Re: West Ham Vs Arsenal (1 - 3) On 26th December 2013 by foandt: 5:02pm On Dec 26, 2013 |
West harm 1 arsenal 0 them don harm gunners oooooo |
Business / Re: Fashola Wants Nigerian Stock Exchange Renamed After Lagos by foandt: 8:35am On Nov 24, 2013 |
Good talk but I dont think name has anything to do with investors confidence. We need to advocate for good corporate governance, transparency, etc to boost investors confidence this will change the name automatically |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 9:08pm On Nov 05, 2013 |
veeco vee: pls somebody help me with the name, address and requirements of cutix registrars...i want go straight to their office for my dividen warrant next 2weeks. Dont need postal delays this time The registrars: edc registrars 154 ikorodu road onipanu. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 6:08am On Oct 28, 2013 |
daftpikin:
waoh that would take like forever . But you are a student now, try to study the whole discussion and you will gain/understand many things, after you can ask questions on the areas you need more explanation. |
Sports / Re: Nigeria Vs Iraq: FIFA U-17 World Cup (5 - 0) On 25th October 2013 by foandt: 3:49pm On Oct 25, 2013 |
CrazyMan: This 2nd half looks balanced...seems the iraqis have woken up. what about mexico vs sweden match? Update? |
Investment / Re: Treasury Bills In Nigeria by foandt: 5:12pm On Oct 15, 2013 |
collinsobinna: @lawmann;easy Bro,we dnt want to leap before we look.do we?guess not.
@foandt:really,Oga,really. Are u pitying the banks? Do u know how much interest the bank earns on sitting idle funds in people's current accounts?
Have u forgotten when they collected ATM charges,SMS charges,and all other charges?
Well they have an interest but if they didnt,I wnt be bothered bout them.they have a million ways of earning money.
their interest is they earn a big commission do selling on behalf of cbn,then thy also earn a 0.0025 percent of ur transaction,which is very little that u wnt even notice it,while u are happy,packing ur interest money in ur bag. ![cheesy](https://www.nairaland.com/faces/cheesy.png) Thanks bro, I just observe that we are not talking about bank charges (not knowing that it is not significant) and I know that our banks do nothing for free. Thanks |
Investment / Re: Treasury Bills In Nigeria by foandt: 1:58pm On Oct 15, 2013 |
collinsobinna: @ Timothy,@ Chiqudy and kufreabasio: the clear difference between treasury bills and FD is the interest is paid to u immediately(upfront) and without withdrawing withholding tax while FIxed deposits require you to wait till when it matures before u can get ur interest. Also your interest is subject to withholding tax.
now imagine this scenario:ten million naira tb done January 2014 will get u upfront interest of 1million naira plus. That means u have money to start ur year with while others are yet to know what the year has to offer.in your profit books u ve made a million for the year without having worked.
Trying same thing with a fixed deposit will see u getting ur money by December 2014.
Also when I started Tbills the interest rates were as high as 14 percent for 91 days.and still has thr potential,so far as sanusi is on his fight against inflation.
@kufreabasio:u said someone keeps 520000 somewhere and gets 13k. Well u got ur 13 k immediately and ready to use, whereas if it was FD it will be after the 90days and they deduct tax from it. If u want to milk more from money markets increase the volume u invest.
@timothy:ur choice of investment between treasury and FD should be weighed on ur cash flow needs(how often u need funds) and How much u are willing to invest.Both are safe,Tbills after CBN s guarantee is also guaranteed by the bank u are buying from,especially if u buy from the secondary market. Yes there is an offer letter just like FD with the banks letter head on it.Abi Bank go do u wayo?
Hope u all can now make ur decisions more informedly now.
@oga Feelamong:the new levels now na commercial papers.will appreciate any info u can get on it. Thank you sir.
there are so many money market instruments for people with money to earn more by making their money work for them but..........ignorance........ . Thanks for this piece, if I invest in TB, does it mean my bank will not charge me at all? If yes, what is their interest then? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 5:23pm On Oct 13, 2013 |
Redoil: I got the e-dividend form signed by my banker and took it to prudential registrars for them to process. They rejected it and told me to inform my broker to send my signature b4 they will accept it. I went to my broker and inform them about it. They promise to send it up till this day which is the third month they havn't send it. I have been to their office more than five times all they have been telling me are stories from children story book. I dont even know who is the cause of the problem. There is a form called transfer form that u suppose to sign when buying a share on the floor, this form will contain ur signature specimen which ur broker will forward to cscs and cscs will send ur signature specimen to their respective registrars and the registrars will use this to confirm ur signature in ur subsequent transactions with them. 1. Have u signed any transfer forms with ur broker? If yes, ur broker will just do a cover note of allotment of stocks with ur attached transfer forms to cscs. You can get a copy of d letter acknowledged by cscs frm ur broker for u to be sure it is done. I had similar case some yrs ago. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 7:02pm On Oct 12, 2013 |
Elai147:
Wema Registrars: after a very long period they finally replied my email but said my processed transfer form was never submitted to them by my broker and thus, they could not do anything. Africa prudential registrars and City Securities (Registrars) Limited have never replied my emails on E-dividend issues. Another one I can remember is the defunct Oceanic registrars.
As for First registrars, they frustrated me with their request for bankers confirmation. After all said and done we were still heading nowhere until God used a woman to help me. She listened to my story and immediately asked for my preferred bank for the E-dividend payment. After 2 days they credited with over N100,000 (in total) of unclaimed dividends. Meanwhile, I have been receiving some dividend warrants from them but didn't know I had unclaimed ones. First registrars could not explain why they sent some dividend warrants and held back some apart from their usual stories of wrong address (the same address where they have been sending me dividend warrants). Zenith registrars explained that they do not send dividend warrants that is more than a certain amount (about N50k or so) by post. But they never informed me of this until I asked and found out I had unclaimed dividends with them as well.
Before the stock market crash, I have sent E-dividend forms by registered post to all my registrars and not even one could register me for E-dividend payment. I did everything they requested including taking the forms to my bank for endorsement. In 2010, I repeated the process but this time I also sent emails (with e-dividend forms attached) notifying them that I had sent the hard copies of the forms to their offices by registered post. Still, nothing happened and I kept receiving dividend warrant by post. This year, I repeated the process for the third time after SEC warned registrars concerning the level of unclaimed dividends and mandated investors to embrace E-dividend payment. This time it worked and I was able to register with most registrars. There is a possibility that if not for SEC's intervention, some of us will still be having difficulty in registering. I agree with you sir. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 9:01am On Oct 11, 2013 |
Elai147:
What was the reason they gave for the returned form? They cannot just return your form and ask for CSCS statement and the rest. The common reason is usually when there are irregularities in your signature. If this is the case, they will ask you to provide bankers confirmation on your signature which usually includes the date the account was opened. This should be at no cost. I am not sure why they are requesting for your CSCS statement. It may be that they do not have your name/account in their register. When you purchase a stock from the secondary market, your stockbroker will usually send the processed transfer form which will serve as the source document. Some brokers delay in sending this document and some may not even send. I had a similar case where the processed transfer form was never sent to my registrars and at such they could not processed my E-dividend mandate. So please check to know if any of the above applies to your case. Whaoo! God bless you and your experience sir. You have opened my understanding cos the 1st e-dividend forms I processed around 2011 were not attended to by all registrars until when I went to then GT registrars last year that I was told to process my transfer form through my broker to cscs whereby by signature specimen will be confirmed to them. Again I ported from a broker to another around 2005 (using same CHN no) meanwhile my former broker was strict in signing transfer form while the latter was not (online) I later observed that my bonus issues were credited to the former account which I had closed, after much stress and letters to cscs I discovered that registrars have my signature specimen with the former and hence my account with them was credited. But while processing this e-dividend for the 2nd time, I took my time to visit my current broker to process my transfer forms through CSCS which the did and gave me a copy of the acknowledged copy @ CSCS, so with this I stated my 2nd trip of e-dividend and so far, I have been receiving direct credit into my savings account by most registrars except Union Registrars that sent a cover note to my e-div form requesting for "your signature specimen is not held in this office. Kindly get ....." and "your cscs statement is required". I will fulfill all their requirements next week. I hope pp will gain one thing or the other from what my oga has shared with us. Thank you all! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 8:49pm On Oct 10, 2013 |
uuspace:
That explains it then.Assuming you went to their office yourself.You would have needed to give them a form of ID and the endorsed form by your bank. Their office is at Apapa ,guess you know Yes, Thanks I appreciate ur contributions I will do that. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 8:44pm On Oct 10, 2013 |
uuspace:
That explains it then.Assuming you went to their office yourself.You would have needed to give them a form of ID and the endorsed form by your bank. Thanks, I appreciate ur contributions. Their office is at Apapa ,guess you know |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 2:50pm On Oct 10, 2013 |
uuspace:
Normally you are supposed to submit your e-dividend form to the rgistrar.The e-dividend form should be endorsed by your bank confirming your signature.
These other information Union Registrar are asking you for e.g CSCS statemnt is strange.Are you sure the stock in question has not been sold.,because they should have a record of all the stocks you own that they have in their records.
Did you go to their office or you sent the form by proxy? Thanks, I submitted the form at AGM venue duly signed by my banker but yesterday I received a mail (Box) from Union Registrars returning my original e-dividend form plus their form requesting me to produce bankers confirmation and cscs statement. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 5:49am On Oct 10, 2013 |
stockbull: happy posting Please sirs/mas kindly help me to solve this problem. My e dividend form was returned by Union registars that I should produce bankers confirmation of my signature, date the account was opened etc and my cscs statement. Meanwhile I had gone to my broker to send my signature specimen to all d registrars which had been done and I have a copy. I have been receiving e div from other registrars with this process except Union registrars. What do I do considering d cost and time. Thank u all |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 7:17pm On Sep 13, 2013 |
phemmie06: All smnites should please come to my aid, my bank refuse to give me confirmation on my e-mandate forma. They insist I must have current account, cos I operate savings account. Please who knows any of these banks that can give confirmation on savings account. I use GT Bank savings account for my e-dividend (though I have current account with them as well) and I am getting alert for my dividends. Cos to me it doesnt make sense to pay charges on the floor and again pay COT + VAT on my current account! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 6:44pm On Aug 31, 2013 |
Elai147:
I think that should be Africa Prudential Registrars (not 100% sure though). Tel: 01-4612373 Tel: 01- 8401153 Tel: 09- 8701645 You are 100% correct! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 7:53pm On Aug 17, 2013 |
phemmie06: Good evening to all oga at the top, please is it compulsory to have current account before e dividend mandate could be honored. Thanks No! All you need is a bank account either savings or current from a commercial bank. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 5:38am On May 15, 2013 |
ileman: please what is d business of courtview @ stock bull further to the earlier answer provided, check ur vehicle license, hackney permit they are the one doing it for lagos state and one or two other states. Also "Egole" e-shopping they are behind it. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 9:06am On Apr 28, 2013 |
Hi all, pls be informed that sec has adviced all investors to forward their bank account details to the registrars and their stockbroker on or b4 June 3rd 2013 |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 6:12am On Apr 20, 2013 |
Born 2be Rich:
Bros, make u better do fasting and prayers this one were first bank never release result up till now... ![smiley](https://www.nairaland.com/faces/smiley.png) The banks with Holdco may delay their results due to their subsidiaries. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by foandt: 7:57pm On Apr 12, 2013 |
Seun: @stockbull: there is no basis for a belief that any stock will rise by 30% in a specific time period. stop hyping. It is possible |