megawealth01:


You haven't learned about capital market indephtly... ?

megawealth01:
The crazy thing is that fuel is almost sold at N1,450 in Nigeria as reported by Vanguard Newspapers, and everyone seems to accept it as normal

KarlTom:
Yet to read any official statement from the relevant bodies...

thebargainhunte:


Please teach me where I was lacking.

megawealth01:
https://punchng.com/breaking-nlc-accuses-tinubu-of-betrayal-over-fuel-price-hike/?amp

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike

megawealth01:


Please holla at me so I can be ahead of the game...

SpaceX:
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purity2all:


Yeye!

You have snuck out of your hole again. You better go back to where you came from. Agbaya!

SpaceX:
I was with him some hours ago if you watch the video you can see me on black tailored suit at his right hand, I have some important inside info that I will reveal later tonight for free.

KarlTom:
If the funds in 'Executions' are not reflecting in 'Available Balance under Accounts' you cannot use it to place a Buy Order

I do not know why it is not reflecting though...

megawealth01:
Dangote Refinery Will Crash Dollars

40% of the demand on FX is projected to be eliminated. So we have 40% suplux. The CBN would loose approximately 25 to 35% influx of FX via local currency sales of Crude oil, leaving us at about 5 to 15% suplux. And it is safe to say that other economic factors will easily mop up that suplux but let's say they don't, you really think this is the magic wand we need to wave and fix the Naira?

I think not.

Picky1:


@yMcy56...our in-house data base, you are doing a Yeoman's job!
Please don't get tired....keep up the good work!!

HesInMe:
It is shameful that you even have to explain.

An entrepreneur spent billions building our only functional refinery at home and employing thousands of our own citizens to supply products we all badly need. You'd think every Nigerian would be bashing anyone standing in his way. But look how we're treating him.

In countries that have sense, we'd be naming airports and monuments after him.


I'll help you (a little)

1. Nigeria spends an estimated $10billion annually on round trip of refining petroleum produce.
2. Nigeria spends an estimated $7billion annually on subsidizing petroleum produce because of #1.
3. DR will bring much needed FX through export of petroleum produce.
4. Nigeria spends billions on fertilizer imports yearly. At about 3MT/year, DR will satisfy local needs and still have enough for export.
5. DR currently exports most of their aviation jet fuel and diesel.
6. The burden on our Excess Crude Account will be reduced...

If all those needless imports are removed (or reduced by over 50%) the improvement will be very visible...

bovali:
My observation so far is that empty barrels make the loudest noise

Payunsin:
My liver cut n I sold 50% of my Oando yesterday.
Wetin dey floor ooo.
What can I buy.
This Oando igaara no get part 2.
I thank God

Heishere:
I think Nigeria petrol ETF or something that is tracking petrol pump price should be listed on NGX. We are missing opportunities here

Sunrisepebble:
NBS releases monthly data for Petroleum Product Prices, I track it on an excel, they release for AGO (Diesel), PMS (Petrol), LPG and HKK (Household Kerosene)

megawealth01:


Can you please drop the latest here because I haven't seen anything like that in the history of Nigeria

Payunsin:
My liver cut n I sold 50% of my Oando yesterday.
Wetin dey floor ooo.
What can I buy.
This Oando igaara no get part 2.
I thank God

megawealth01:


Can you please drop the latest here because I haven't seen anything like that in the history of Nigeria

megawealth01:


Can you please drop the latest here because I haven't seen anything like that in the history of Nigeria

megawealth01:
The crazy thing is that fuel is almost sold at N1,450 in Nigeria as reported by Vanguard Newspapers, and everyone seems to accept it as normal

ositadima1:


You spend too much time on this thread. That's why. Is it healthy? I don't know.