which one?

735i:
A brewer is brewing something

Willie2015:


- Am hoping November bear like last year can do the real damage this year
- How do you solve this itchy finger problem?

it never goes away but u get better over time. I keep my order size small (but i get carried away sometimes ohh lol)

A general thought:

Nigerians are fond of talking down, no, cursing Nigeria which is something citizens of their reference countries would hardly do. It's difficult to hear an American curse America.
Don't curse the land in which you sow. Wait till you move your family out of this country if you must curse this country. It's self destructive.

Nigeria is suffering so much abuse in the hands of Nigerians for a crime it knows not, after giving people a place to call home, to cultivate and to prosper.

Manonamission:
A general thought:

Nigerians are fond of talking down, no, cursing Nigeria which is something citizens of their reference countries would hardly do. It's difficult to hear an American curse America.
Don't curse the land in which you sow. Wait till you move your family out of this country if you must curse this country. It's self destructive.

Nigeria is suffering so much abuse in the hands of Nigerians for a crime it knows not, after giving people a place to call home, to cultivate and to prosper.

Exactly sir , this was what i told some of my friends here , till now have neva seen a US citizen cursing America ,even when things are going worse ..Na God bless America u will hear ..I cherish my country Nigeria , i speak good about the country , every country has their own challenges

Infact if u want to provoke me , say something bad about about my country/Africa and by the time am done with u ..Hmm

God bless Nigeria!!

fxuser:
FBN
- red flag on the monthly
- 2 consecutive monthly lower opening and likely closing (today is month end)

Maybe another opportunity to load more is on the way. I ve been waiting.

So no hope today? Nawao

NSE is up again. I dont know why Morgan hasnt connected

Zhirinovsky:
So no hope today? Nawao

tnkx

rebekah2011:
NSE is up again. I dont know why Morgan hasnt connected

Morgan is back oooo

Zhirinovsky:
tnkx

yea but still fidgeting

rebekah2011:
Morgan is back oooo

Trading to be done till 3pm

morgan don close since

DeRuggedProf:
Trading to be done till 3pm

is morgan working at your end?

rebekah2011:
Morgan is back oooo

PENNY STOCK THAT WOULD MAKE YOU SMILE 2017 - MY TOP 3 PICKS

1. FIDSON
2. FIDELITY
3. AFRIPPRUD

This is based on expected dividend and capital appreciation. Shikena!

No, they have closed truly.

Zhirinovsky:
is morgan working at your end?

stcool:
PENNY STOCK THAT WOULD MAKE YOU SMILE 2017 - MY TOP 3 PICKS

1. FIDSON
2. FIDELITY
3. AFRIPPRUD

This is based on expected dividend and capital appreciation. Shikena!

2017 or 2018

pluto09:



2017 or 2018

2017/18 Expected Year End result.

Afriprud lost two clients recently NEM and International Breweries. SEC is planning to phase out printing of annual reports. I dont know how much their customers will be saving in this regard. The company has to reinvent going forward. They have to also go out to win more clients and cut down on their overheads. The more technology driven your business becomes the benefits should be noticeable in the companys bottomline

stcool:


2017/18 Expected Year End result.

Krisuba:

No divide the will be for d half year period whose result is given

Okay, I understand it now. Thank you

Good day guys...

Please I want to sell my ETI(Ecobank) shares

I need advise on how to go about it and how long it will take...

Please I need it urgently...
Thank you.

Market update

lancee:



Exactly sir , this was what i told some of my friends here , till now have neva seen a US citizen cursing America ,even when things are going worse ..Na God bless America u will hear ..I cherish my country Nigeria , i speak good about the country , every country has their own challenges

Infact if u want to provoke me , say something bad about about my country/Africa and by the time am done with u ..Hmm

God bless Nigeria!!

Hello Lancee sir, Are you from Nigeria sir ?

[quote author=SammieJayh post=60006651]Good day guys...

Please I want to sell my ETI(Ecobank) shares

Guy u don't be in a haste cos alot of patience is involved.1st look for a broker since u have is certificate. Ur broker will then do d rest.

Is this question relevant sir ☺

Ecobank Quotes N12.53b Commercial Papers on FMDQ
https://www.businesspost.ng/2017/08/31/ecobank-quotes-n12-53b-commercial-papers-fmdq/

SEC Approves Union Bank N50b Rights Issue
https://www.businesspost.ng/2017/08/31/sec-approves-union-bank-n50b-rights-issue/

NSE Suspends Trading on Shares of Avon Crowncaps & Containers
https://www.businesspost.ng/2017/09/01/nse-suspends-trading-shares-avon-crowncaps-containers/

FAQs ON DIRECT CASH SETTLEMENT

1. Q. What is Direct Cash Settlement?
A. Direct Cash Settlement (DCS) is the process where proceeds from trades executed by brokers on the Exchange settles directly into investors’ bank account.
2. Q. How would investor accounts be made available for Direct Cash Settlement?
A. Each client’s bank account details shall be provided by its broker-dealer to Central Securities Clearing System Plc. (CSCS), which is the agent of The Exchange for the clearing and settlement of all securities traded on the Automated Trading System of The Exchange.

3. Q. How would this work?
A.
· Settlement of each trade carried out on the Automated Trading System of The Exchange shall be done by direct payment into the client’s account as provided to the CSCS.

· Within three working days of receiving instructions from a client that settlement should be done by direct payment into such client’s account a broker-dealer shall:
i. Notify CSCS of the client’s instructions; and
ii. Provide the client’s account details

4. Q. Is Direct Cash Settlement compulsory for all investors?
A. No. Any client that declines direct cash payment into its account provided to CSCS shall notify it of that fact by completing a Direct Cash Settlement notification form in which the client shall make its preference known

5. Q. What would be the fate of investors who do not elect to come into the direct cash settlement scheme?
A. Settlement of transactions carried out on behalf of any client whose account details are not provided to CSCS shall be done by payment into the account of the client’s broker-dealer firm.

Friends, happy new month.

@valacious I once asked morgan if dey offer direct cash settlement and they said NOT YET...did u sign up for DCS wit any broker yet?

ETISALAT LOAN: 10 BANKS’ PROVISION FOR LOANS LOSS RISES BY 3%
source : http://www.eyesoflagos.com/2017/08/etisalat-loan-10-banks-provision-for.html

The involved 10 banks in 9mobile, the mobile operator formerly known as Etisalat Nigeria take over loans loss provision increased by three per cent to N206.1billion in the half year (H1) ended June 30, 2017, findings by EYES OF LAGOS has revealed.
The lender in half year of 2016 loans loss provision was N200 billion, to underline sound loan provisioning and disclosure practices for deposit money banks in the country over macro economy facing Nigeria.
Of the involved banks, the likes of Zenith Bank Plc, United Bank for Africa Plc, Ecobank Nigeria and Stanbic IBTC Holdings loan loss provision increased significantly while that of Access Bank Plc and Fidelity Bank Plc inched up marginally.
Guaranty Trust Bank Plc, FBN Holdings, Union Bank of Nigeria and FCMB involved in the Etisalat Nigeria loans deal recorded drop in loans loss provision in the period under review. Specifically, Zenith Bank loans loss provision increased by 198 per cent to N42.9 billion in H1 2017 from N14.23 billion in H1 2016.
Managing director/CEO of Zenith Bank Plc, Mr. Peter Amangbo, had revealed that his bank made a provision on 30 per cent on its loans to the network operator. Stanbic IBTC Holding loan loss provision increased by 65.1 per cent from N8.45 billion in H1 2016 to N13.95 billion in H1 2017 while Eco Bank Nigeria loan loss provision rose by 62.4 per cent to N42 billion ($138 million) from N25.99 ($85 million) billion in H1 2016.
UBA’s loans loss provision also increased significantly by 38.4 per cent to N9.4 billion from N6.8 billion in H1 2016. The lender recently said it has made a prudential provision on loans made to Etisalat Nigeria now. The lender did not give details of the provision but said it had a N38billion ($125million) exposure to 9mobile.
UBA said the exposure was secured, and part of a syndicated loan with 12 other banks extended to Etisalat Nigeria four years ago. For Access Bank and Fidelity, loan loss provision rose marginally by 1.5 per cent and 0.5 per cent in the half year under review.
Access Bank loan loss provision closed at N10.36 billion in H1 2017 from N10.2 billion in 2016 while Fidelity Bank loan loss provision that was at N4.8 billion in H1 2016 closed at N4.8 billion in H1 2017.
It will be recalled that group managing director of Access Bank, Herbert Wigwe had said banks
were reluctant to take provisions on loans to the power sector and the provisions the bank (as well as other members of the consortium) had made its loan to 9mobile. He hinted that the consortium of banks has taken impairment on the loan lent to the company.
They also made provisions for loans to companies that do business with the firm. The Access Bank boss said the affected banks had to take a collective impairment charge as far as 9Mobile was concerned in their 2017 half year results.
Wigwe, who put Access Bank’s exposure to 9Mobile at about N11 billion, said the bank made a provision of about 30 per cent on its loan to the network operator. More so, GTBank loan loss provision dropped significantly by 81 per cent to N7.2 billion from N37.5 billion in H1 2016.
First Bank of Nigeria Holdings loan loss dropped by 13.6 per cent to N60.4 billion from N69.9 billion in the corresponding period. Group managing director Mr. UK Eke, said, “Our focus on enhancing the quality of our loan book is reflected in a decline in non-performing loans, a reduction in our impairment charge following improvement in the asset quality outlook, and we will continue to prioritise this area through the rest of this year.”
In conclusion, Union Bank of Nigeria loan loss provision dropped by 38.8 per cent to N5.4 billion from N8.78 billion while FCMB loan loss decline by 26.1 per cent from N13.5 billion to N9.9 billion in H1 2017.
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