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Nigerian Stock Exchange Market Pick Alerts - Investment (6769) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:26pm On Sep 09, 2022
AFTER FIJ’S STORY, NIGER INSURANCE PAYS INVESTOR’S N378,000, HELD FOR 4 YEARS
Niger Insurance has paid N378,000 insurance proceeds to Muonyililo Gregory, a Lagos-based pharmacist.
The insurance firm paid the money on Wednesday, two months and some days after FIJ reported how the company refused to pay him four years after the maturation of his funds.
Gregory told FIJ that he had contacted someone he knew worked with another insurance firm, hoping that the payment of his proceeds would be fast tracked, but was yet to initiate the process when Niger Insurance paid him. “I spoke with someone else who works with an insurance firm. He took my details and gave me the link to make a complaint. I was just going to make the complaint when I realised, I had been paid,” he said. “I am grateful to the FIJ team; they made it happen.”
Gregory had told FIJ that the savings plan he subscribed to was from October 2015 to September 2018. “When I subscribed to this plan, the catch was that I could save for a life insurance plan if anything happened. And if anything did not happen, my beneficiaries would get the total value, even if I didn’t complete the payment,” he told FIJ.
When FIJ contacted the Niger Insurance branch in Anthony, Lagos, Ojumah Cynthia, a worker at the company, said the complainant should meet with the agent through whom he subscribed to his savings plan. Subsequently, the payment was made.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:27pm On Sep 09, 2022
COURT RESTRAINS NAICOM FROM WINDING UP STANDARD ALLIANCE
A Federal High Court sitting in Lagos State has restrained a lawyer, Kehinde Aina, appointed by the National Insurance Commission (NAICOM), from presenting himself as receiver or liquidator of Standard Alliance Insurance Plc, pending hearing and determination of the motion on notice.
The court also restrained the commission, the first defendant/respondent and Aina, the second defendant, from taking any further step towards liquidation or winding up of the insurance firm pending hearing and determination of the motion on notice.
Justice Akintayo Aluko issued the restraining order on September 1, while granting the reliefs sought by Chief Dickson Odoko, Donatus Uba and Standard Alliance Limited, who are the plaintiffs/applicants.
Apart from Aina, other defendants/respondents in the suit are Minister of Finance and Awoduya Omotayo.
The applicants had, on August 22 this year, filed a motion on notice before the court, asking for an interim injunction restraining the second respondent, Aina, whether by himself or through his agents, privies or any other person acting under his authority, from acting or further acting as the appointed receiver/liquidator of the insurance firm pending the determination of the motion on notice.
The plaintiffs filed a five-paragraph motion ex-parte and affidavit in support of the motion on notice, in suit No: FHC/L/CS/1585/2022.
The judge, after reading the affidavit in support of the motion paper sworn to by Osaro Eguasa, and having heard Afolabi Kuti (SAN) for the defendants and Tanimola Oyekan for the plaintiffs, said: “An order of interim injunction is hereby made restraining the first and second defendants, whether by themselves or through their agents, privies or any other person acting under their authority, from taking any further step geared towards giving effect to the cancellation of the purported certificate of registration of Standard Alliance Insurance Plc, pending the determination of the motion, plaintiffs shall file an undertaking as to damages and indemnify the respondents.”
Consequently, Justice Aluko adjourned the matter till September 9 for hearing of the applications.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:28pm On Sep 09, 2022
If you are still having DAAR in your portfolio, place your Sell order at #0.20 and Sell Sell Sell. Only be lucky to find a Buyer.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:28pm On Sep 09, 2022
thesilentone:


Longtime post but I wanted to say thank you for posting this.
Many Thanks my boss...

At the time I looked at Fidelity, it didn't meet my criteria so I didn't buy it. They dropped off my radar for a while and in that time interval, they had improved quite a lot.

No regrets though... The bank I bought in place of Fidelity has done very well for me as well and there's still room for more growth...

Overall, the banks should do well if they don't get carried away by Hubris...

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:28pm On Sep 09, 2022
If you are still having NSLTECH in your portfolio, place your Sell order at #0.20 and Sell Sell Sell. Only be lucky to find a Buyer.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:30pm On Sep 09, 2022
essentialone:
GUINEA INSURANCE POSTS N1.34B GROSS PREMIUM INCOME
Guinea Insurance Plc recorded a gross premium income of N1.34 billion last year. But the previous year, it made N1.05 billion, which represents a 27.4 per increase.
The Chairman of the company, Ugochukwu Godson, broke the news at the firm’s 64th Annual General Meeting (AGM) in Lagos. At the hybrid event, he said the net claims expenses in 2021 was N0.48billion, which is a 69.1 per cent improvement over the N1.55billion recorded in 2020, noting that this was due to efficient claims management. He stated that the company was returning to profitability as funds had been injected to strengthen its financial base and increase its capacity for transacting large-scale business deals.
The company’s Managing Director, and Chief Executive Officer, Ademola Abidogun, urged the company’s shareholders to see the positive aspects of the upcoming changes. He said: “With the injection of additional capital,” he said: “Our company is well positioned to attract and transact larger portions of new businesses. “It is undeniable that consumers are shifting and favouring simplicity more than ever before; as a result, our investment roadmap in technology and digital transformation is motivated by the need to give customers the freedom to purchase reliable insurance products without any geographical restrictions.” He stated that the company had made efforts to keep management costs to a minimum, obtain regulatory approval for the underwriting of agricultural insurance, and reduce operating expenses.

Guinea Insurance. Accumulate it for the long term. It will still go up.
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 3:58pm On Sep 09, 2022
emmanuelewumi:
Flour Mills dividend received
I understand the feeling.dividend pay day is sweet.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 4:03pm On Sep 09, 2022
mariahAngel:
How profitable has this thread been to anyone here? Please, I want to know.
Thanks.
incredibly profitable.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 4:47pm On Sep 09, 2022
Flour Mills dividend received
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 4:47pm On Sep 09, 2022
McNichols dividend finally received

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 7:12pm On Sep 09, 2022
Ibrahim505:
The volume with UBA is huge today, 50 million+.

Close: N7.55 today.
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:13pm On Sep 09, 2022
emmasoft:
Dividend for today

If you have shares in Flourmills expect a credit alert of your dividend today!

Got from NNFM

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:16am On Sep 11, 2022
Some stockbrokers are fraudsters. Beware. Be aware
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:52am On Sep 11, 2022
essentialone:
Some stockbrokers are fraudsters. Beware. Be aware


Really??

How did you come to this conclusion?

6 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:20am On Sep 11, 2022
emmanuelewumi:



Really??

How did you come to this conclusion?

Are you a beginner when it comes to trading? Then one of the first steps is to find the right broker. But how can you do that, and why do you have to be careful when making your choice? We will give you all the information that you need!

Why is it so difficult to find a legit broker?

Especially as a beginner in trading, it can be a difficult task to determine if a broker is legit or not. Beginners do not have the knowledge and experience to see a red flag, and therefore are more likely to get scammed. This is why it is essential to do your research and find platforms you can trust. Unfortunately, where there is money, scammers are usually not far away. They create fake brokerages, and scam you out of your money. This is frustrating, and in most cases, you cannot do anything against these scammers, because they are working from different countries. If you want to start and find the right broker, you should look at our tips and tricks!

How can you find a legit broker?

Are you a beginner and currently looking for a good broker? If so, we have all the best tips and tricks for you to determine if a broker is legit or a scam!

Do your research

Unfortunately, many beginners are motivated to start as soon as possible. They do not want to wait and do their research; that’s why it is more likely that they end up with a scammer. Before you even start looking at brokers, you need to know what you are looking for. Not every broker offers the same trading methods; that is why you need to get to know different assets and trading methods to filter out the broker that does not provide what you want.

Read the reviews

If you found some brokers you are interested in, the next step should be reading the reviews. This will help you get a better feeling of how legit this broker is. Have a look at trusted broker reviews. There, you can find a great variety of different brokers that you might be interested in using. Now read the reviews and learn from former and current users’ experiences.

Use a demo account

Did you make a decision? Before you invest money in this broker, we advise you to use a demo account. Not only will you be able to determine if trading and the trading method is the right choice for you, but you can also test the broker. See how the navigation works, how easy or difficult it is to trade, and see if you want to use this broker or not. If not, just continue doing your research.

Test the customer support

Customer support is an essential part of a broker and an excellent way to determine if a broker is legit or a scam. Unfortunately, it can always come with problems and questions. Therefore you need a broker and a customer service that you can trust. Contact the customer service of your choice. How can you reach it?
How long does it take for them to reply?
How helpful was the answer?
Was it just a copy-paste answer?
If the interaction with the customer support left you feeling unsure about this broker, we recommend looking for a different option.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:22am On Sep 11, 2022
Partnership was a scammer.
Cashcraft was a scammer.
Adonai was a scammer.

Mind you, they were once among the best stockbrokers in Nigeria.

And there are many present scammers still pretending and masquerading as stockbrokers.

Nothing is believed until it becomes headline news
Re: Nigerian Stock Exchange Market Pick Alerts by ManyThanks: 12:25pm On Sep 11, 2022
[quote author=emmanuelewumi post=116472267]Flour Mills dividend rece
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:53pm On Sep 11, 2022
D
Re: Nigerian Stock Exchange Market Pick Alerts by BigBashiru: 2:04pm On Sep 11, 2022
essentialone:
Partnership was a scammer.
Cashcraft was a scammer.
Adonai was a scammer.

Mind you, they were once among the best stockbrokers in Nigeria.

And there are many present scammers still pretending and masquerading as stockbrokers.

Nothing is believed until it becomes headline news

How is cashcraft a scammer?

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 5:32pm On Sep 11, 2022
BigBashiru:


How is cashcraft a scammer?

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:32pm On Sep 11, 2022
[quote author=essentialone post=116566954][/quote]

This doesn't prove anything �

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:48pm On Sep 11, 2022
essentialone:


Are you a beginner when it comes to trading? Then one of the first steps is to find the right broker. But how can you do that, and why do you have to be careful when making your choice? We will give you all the information that you need!

Why is it so difficult to find a legit broker?

Especially as a beginner in trading, it can be a difficult task to determine if a broker is legit or not. Beginners do not have the knowledge and experience to see a red flag, and therefore are more likely to get scammed. This is why it is essential to do your research and find platforms you can trust. Unfortunately, where there is money, scammers are usually not far away. They create fake brokerages, and scam you out of your money. This is frustrating, and in most cases, you cannot do anything against these scammers, because they are working from different countries. If you want to start and find the right broker, you should look at our tips and tricks!

How can you find a legit broker?

Are you a beginner and currently looking for a good broker? If so, we have all the best tips and tricks for you to determine if a broker is legit or a scam!

Do your research

Unfortunately, many beginners are motivated to start as soon as possible. They do not want to wait and do their research; that’s why it is more likely that they end up with a scammer. Before you even start looking at brokers, you need to know what you are looking for. Not every broker offers the same trading methods; that is why you need to get to know different assets and trading methods to filter out the broker that does not provide what you want.

Read the reviews

If you found some brokers you are interested in, the next step should be reading the reviews. This will help you get a better feeling of how legit this broker is. Have a look at trusted broker reviews. There, you can find a great variety of different brokers that you might be interested in using. Now read the reviews and learn from former and current users’ experiences.

Use a demo account

Did you make a decision? Before you invest money in this broker, we advise you to use a demo account. Not only will you be able to determine if trading and the trading method is the right choice for you, but you can also test the broker. See how the navigation works, how easy or difficult it is to trade, and see if you want to use this broker or not. If not, just continue doing your research.

Test the customer support

Customer support is an essential part of a broker and an excellent way to determine if a broker is legit or a scam. Unfortunately, it can always come with problems and questions. Therefore you need a broker and a customer service that you can trust. Contact the customer service of your choice. How can you reach it?
How long does it take for them to reply?
How helpful was the answer?
Was it just a copy-paste answer?
If the interaction with the customer support left you feeling unsure about this broker, we recommend looking for a different option.



It depends on the types of Stockbrokers you are doing business with

3 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 9:33pm On Sep 11, 2022
OBAGADAFFI:


This doesn't prove anything �


Can you imagine.! I expect to see story of how he has been defrauded and he is posting graph. Business do go wrong that does not make it a scam!!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:11pm On Sep 12, 2022
GTCO
Seems some accumulations are ongoing @19.80 now.....Lots of crossings @ this junction....
Could it be that some of those that exited are coming back in?
We see how far this is true or untrue with time......
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:31pm On Sep 12, 2022
yMcy56:
GTCO
Seems some accumulations are ongoing @19.80 now.....Lots of crossings @ this junction....
Could it be that some of those that exited are coming back in?
We see how far this is true or untrue with time......



Observing !!
Re: Nigerian Stock Exchange Market Pick Alerts by leparj(m): 9:58am On Sep 13, 2022
Last comment here almost 24hrs ago.
Sums up the interest in market activities.
Abeg let the interim dividend roll in to cheer us small
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 10:07am On Sep 13, 2022
leparj:
Last comment here almost 24hrs ago.
Sums up the interest in market activities.
Abeg let the interim dividend roll in to cheer us small
As in... Zenith biko do your thing kiss

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by safepaulooo(m): 10:19am On Sep 13, 2022
Guys busy buying silently. Buying season is here. No time and attention for making comments and posting....

leparj:
Last comment here almost 24hrs ago.
Sums up the interest in market activities.
Abeg let the interim dividend roll in to cheer us small
Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 10:51am On Sep 13, 2022
safepaulooo:
Guys busy buying silently. Buying season is here. No time and attention for making comments and posting....


What are you buying please grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:06am On Sep 13, 2022
ojesymsym:
...
Multiverse MM seems to have wake up now......
Were you able to hold on till now ....or you don sell? smiley

CHAMS also not doing badly......
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:45am On Sep 13, 2022
yMcy56:
GTCO
Seems some accumulations are ongoing @19.80 now.....Lots of crossings @ this junction....
Could it be that some of those that exited are coming back in?
We see how far this is true or untrue with time......


Morning sis mcy i beg when is the last day to buy gtco , zenith and uba .for inter div or time don pass.Thanks
Any news from access bank

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