Good morning all.

Is anyone here trading on AFEX Commodity exchange Nigeria.

afexnigeria.com

That 10million unit guy in WAPCO has showed up again but now at #14...i wonder why he didn't offer it @his usual #13

thesilentone:


How is that legal? Why would any organisation be interested in where/how their employees spend their salaries?

For banks who wishes to checkmate against internal fraud, it is somehow necessary.

Parker6:
Hi guys, I'm new to this. Is it legal for a GTB staff to have shares in Zenith Bank?

It is legal, except if your employer had warned you not to have shares of other companies which you agreed to comply with

Princkez:
That 10million unit guy in WAPCO has showed up again but now at #14...i wonder why he didn't offer it @his usual #13

He is not interested in selling. All he wants to do is create fake offers to subdue the price until he is done buying lows.

Mpeace:
He is not interested in selling. All he wants to do is create fake offers to subdue the price until he is done buying lows.

i noticed he has removed it

Make una non vex, does Morgan also allow users see volume of shares on offer? If yes, how? if no, where do you get such info?

Mpeace:
He is not interested in selling. All he wants to do is create fake offers to subdue the price until he is done buying lows.

Good day, my ogas.
Please what is your opinion on JB at 15.5. Is there a possibility of it going lower?
Newbie investing for dividend andtrying to decide on good entry point.
Thanks �

dipoolowoo:


Obasanjo, PDP Envious of Buhari Achievements—Presidency
https://businesspost.ng/general/obasanjo-pdp-envious-of-buhari-achievements-presidency/

NewBola:
Good day, my ogas.
Please what is your opinion on JB at 15.5. Is there a possibility of it going lower?
Newbie investing for dividend andtrying to decide on good entry point.
Thanks �

Also factor in the fact that their registrar will frustrate you.

Heishere:


For banks who wishes to checkmate against internal fraud, it is somehow necessary.

I beg to disagree

What is the correlation between owning stocks and checking fraud?

Your bonuses and salaries can be channelled towards stocks
It's none of anyones business

Heishere:


Also factor in the fact that their registrar will frustrate you.

Frustrate in what way please?
Let me know whether I will dump my holdings there

This one that MD of Bank A has bank accounts in Bank B, C, D and many more.

Heishere:


Yes. but if his bank monitors their salary accounts, they could see where the money is going to, assuming the investment is going to come from his salary.

DexterousOne:


I beg to disagree

What is the correlation between owning stocks and checking fraud?

Your bonuses and salaries can be channelled towards stocks
It's none of anyones business

That was in response to his question on why employers monitor employee accounts. I can assure you that bank employee' lifestyle is even monitored. Whether you are living above or below your means is checked. Is it salary account that won't be monitored? If the salary account of a bank employee is observed to be fat, it is likely a query will be issued to the owner to explain why he/she is not making use of his/her salary. What funds is he or she using to sustain himself. These are preventive measures often taken by banks to check internal fraud.

It is not bad if his salary is used to buy stocks. But it is unwise to reveal he is buying that of a competitor, hence my advice.

DexterousOne:


Frustrate in what way please?
Let me know whether I will dump my holdings there

You go grow grey hair before they manage to attend to your request.

rebekah2011:
This one that MD of Bank A has bank accounts in Bank B, C, D and many more.

You can own accounts with other banks. But he is planning to buy shares of a competitor. Besides those MD accounts are most likely audited by regulators.

Heishere:


For banks who wishes to checkmate against internal fraud, it is somehow necessary.

The need to checkmate internal fraud does not mean it is legal. Checking through pr monitoring your employees' bank statements cannot be justified even in court just because you're trying to checkmate internal fraud. This is a clear breach of data protection laws except if none exists in Nigeria. Employees would make money suing their employers if this can be proved.

Again an example of the law not working properly.

thesilentone:


The need to checkmate internal fraud does not mean it is legal. Checking through pr monitoring your employees' bank statements cannot be justified even in court just because you're trying to checkmate internal fraud. This is a clear breach of data protection laws except if none exists in Nigeria. Employees would make money suing their employers if this can be proved.

Again an example of the law not working properly.

They have the account number of the workers, since they work in a bank the workers salary accounts will be domiciled in the bank which makes it very easy for monitor.

All major accounts in Nigeria are monitored by EFCC and Special Fraud Investigation Units of the police force

GT gets a PFA license rumors.........

NSE Reclassifies Vitafoam Nigeria Stocks to Medium
https://businesspost.ng/economy/nse-reclassifies-vitafoam-nigeria-stocks-to-medium/

Ellah Lakes to Supply Cassava to Subsidiary of Makers of Indomie
https://businesspost.ng/economy/ellah-lakes-to-supply-cassava-to-subsidiary-of-makers-of-indomie/

CBN Explains How to Access N250bn Gas Investment Loan
https://businesspost.ng/economy/cbn-explains-how-to-access-n250bn-gas-investment-loan/

The Challenges Facing Nigeria’s Economy
https://businesspost.ng/economy/the-challenges-facing-nigerias-economy/

Top 10 Players in Nigerian Fintech Space
https://businesspost.ng/technology/top-10-players-in-nigerian-fintech-space/

Expected because of the intended HOLDCO structure,

OBAGADAFFI:
GT gets a PFA license rumors.........

Heishere:


You go grow grey hair before they manage to attend to your request.

On the issue of frustration by registrars, maybe this experience might help some persons:

I once had quite a number of pending e-dividend requests and was frustrated after multiple submission of applications to my bank, and DHL of requested documents to my stockbroker.

I recall I had to go update my ID document at my bank and a customer care staff observed that the order of my name on the ID document was different from that on my BVN, hence the bank account. BVN was done at an e-branch of the same bank and the mistake was made. I had observed it on my ATM card but didn't think much of it.

Someone I consulted told me that, legally, the BVN name order and name order on my ID documents are for different persons. E.g. Adekunle Chukwuma Ciroma is different from Chukwuma Adekunle Ciroma even though it's the same person writing their name differently.

I went through an arduous journey of swearing an affidavit at the court and going to the line up at the notoriously queue-laden, few branches, you-know-which orange bank for the name to be corrected.

After that, the dividends started pouring in. It was a delight actually. You are just on your own doing your thing and a random look at your phone Afriprud has paid all dividends from a particular stock for so many years. Yes, that was when I got my pending dividend from JB's GTL Registrars.

The sad thing is no one told me NAME ORDER was the problem until that chance observation by the bank staff. I think about this possibility as one of the many problems whenever I see news items about the billions of unclaimed dividend and how government is unable to sleep well because of it. I think a feedback system is going to reduce it. Let people know why that form they submitted is not being treated. That should be easy in this digital age.

SUMMARY:
If you are having problems getting your dividends, check if the order of your name on BVN is same as on your ID document. Seems registrars' system will flag it as not to be attended to once name orders don't match.

SUMMARY OF SUMMARY Check the NAME ORDER on your BVN and your ID documents. Do they match?!

Peace!

Audacius:


On the issue of frustration by registrars, maybe this experience might help some persons:

I once had quite a number of pending e-dividend requests and was frustrated after multiple submission of applications to my bank, and DHL of requested documents to my stockbroker.

I recall I had to go update my ID document at my bank and a customer care staff observed that the order of my name on the ID document was different from that on my BVN, hence the bank account. BVN was done at an e-branch of the same bank and the mistake was made. I had observed it on my ATM card but didn't think much of it.

Someone I consulted told me that, legally, the BVN name order and name order on my ID documents are for different persons. E.g. Adekunle Chukwuma Ciroma is different from Chukwuma Adekunle Ciroma even though it's the same person writing their name differently.

I went through an arduous journey of swearing an affidavit at the court and going to the line up at the notoriously queue-laden, few branches, you-know-which orange bank for the name to be corrected.

After that, the dividends started pouring in. It was a delight actually. You are just on your own doing your thing and a random look at your phone Afriprud has paid all dividends from a particular stock for so many years. Yes, that was when I got my pending dividend from JB's GTL Registrars.

The sad thing is no one told me NAME ORDER was the problem until that chance observation by the bank staff. I think about this possibility as one of the many problems whenever I see news items about the billions of unclaimed dividend and how government is unable to sleep well because of it. I think a feedback system is going to reduce it. Let people know why that form they submitted is not being treated. That should be easy in this digital age.

SUMMARY:
If you are having problems getting your dividends, check if the order of your name on BVN is same as on your ID document. Seems registrars' system will flag it as not to be attended to once name orders don't match.

SUMMARY OF SUMMARY Check the NAME ORDER on your BVN and your ID documents. Do they match?!

Peace!

Thank you for the info

sellydion:
Expected because of the intended HOLDCO structure,

Wow, hope it goes well

Audacius:


On the issue of frustration by registrars, maybe this experience might help some persons:

I once had quite a number of pending e-dividend requests and was frustrated after multiple submission of applications to my bank, and DHL of requested documents to my stockbroker.

I recall I had to go update my ID document at my bank and a customer care staff observed that the order of my name on the ID document was different from that on my BVN, hence the bank account. BVN was done at an e-branch of the same bank and the mistake was made. I had observed it on my ATM card but didn't think much of it.

Someone I consulted told me that, legally, the BVN name order and name order on my ID documents are for different persons. E.g. Adekunle Chukwuma Ciroma is different from Chukwuma Adekunle Ciroma even though it's the same person writing their name differently.

I went through an arduous journey of swearing an affidavit at the court and going to the line up at the notoriously queue-laden, few branches, you-know-which orange bank for the name to be corrected.

After that, the dividends started pouring in. It was a delight actually. You are just on your own doing your thing and a random look at your phone Afriprud has paid all dividends from a particular stock for so many years. Yes, that was when I got my pending dividend from JB's GTL Registrars.

The sad thing is no one told me NAME ORDER was the problem until that chance observation by the bank staff. I think about this possibility as one of the many problems whenever I see news items about the billions of unclaimed dividend and how government is unable to sleep well because of it. I think a feedback system is going to reduce it. Let people know why that form they submitted is not being treated. That should be easy in this digital age.

SUMMARY:
If you are having problems getting your dividends, check if the order of your name on BVN is same as on your ID document. Seems registrars' system will flag it as not to be attended to once name orders don't match.

SUMMARY OF SUMMARY Check the NAME ORDER on your BVN and your ID documents. Do they match?!

Peace!

Find below a court judgement in full support of your write up.

Esenowo v Ukpong [1999] 6NWLT [PT 608]* 611. CAN THE WAY ONE WRITES HIS/HER NAME TURN THAT PERSON TO SOMEONE ELSE BEFORE THE LAW?*
*In short, it may interest you to know that the way you write your name can make you someone else. Does it sounds funny?*
This was established in the celebrated case of *Esenowo v. Ukpong* The fact of the matter was Dr. E. J. Esenowo applied for reimbursement from Nigerian Medical Council but the Council because there is no E. J. Esenowo but Esenowo, J. E. in the register of the Council denied him his demands.
He approached the High Court and was refused his prayers. On appeal, Court of Appeal held that what the first defendant wrote in Exhibit H was true because the professional register for 1980 and 1981 entered the name “Esenowo, J. E.” not “E. J. Esenowo”. *In professional matters it is always of great importance to have one’s name inserted correctly.* The Court of Appeal therefore held that the Dr. Esenowo in the register of medical practitioners was J. E. Esenowo and not E. J. Esonowo, a correct statement of fact.
*Is it true that the register of Nigerian Medical Council for 1980 and 1981 did not contain plaintiff/appellant’s name?* There is a world of difference between “J. E. Esenowo” and “E. J. Esenowo”.
*The surname is Esenowo, the first and middle names being “Johnson” and “Esenowo” respectively. This will be rendered into “Dr. J. E. Esenowo” not “Dr. E. J. Esenowo” that the appellant in his pleading and evidence clearly claimed to be the correct name.*
On appeal again the five Justices of Supreme Court *unanimously refused him his prayers because of this fact and agreed that the way someone’s name is written makes a whole world of difference.* The Court held as follows:
*The surname is Esenowo, the first and middle names being “Johnson” and “Esenowo” respectively. This will be rendered into “Dr. J. E. Esenowo” not “Dr. E. J. Esenowo”*
*That whole world of difference that the arrangement of one’s name makes, led the Supreme Court to hold specifically that “Dr. E. J. Esonowo is not registered with the Nigerian Medical Council.”*
*The normal way of writing your name follows a specific order: First name (first) Middle name or Middle names (next) Surname (last). Example, in this case: Johnson (first name)*
Esenowo (middle name) Esenowo (surname), i.e. Johnson Esenowo Esenowo
The said normal way of writing your name should change only where any form or document you are required to fill out specifically states that you should write your surname first. In that case, the proper order is: Surname (followed by a comma), First name Middle name Example: Esenowo, Johnson Esenowo
*But where the form or document provides boxes or different places labelled “Surname”, “First name”, and “Middle name”, simply write the required name (do not add any comma after your surname). Example: (1) Surname: Esenowo (2) First name: Johnson (3) Middle name: Esenowo.*
Never write your middle name before your first name. It does not matter whether you are writing just the initials of your first name and middle name instead of their full version. *That was the mistake of Dr. Johnson Esenowo Esenowo. The Supreme Court held that he was Dr. J. E. Esenowo, not Dr. E. J. Esenowo. You can imagine the huge costs, embarrassment, and loss that the “simple” or “little” mistake of writing his name in the wrong order caused him.*
*Be careful, therefore, to ensure that you write your name (whether in full or initials) in the proper order always and everywhere. Remember, the way you write your name can make you someone else, as it happened, unfortunately, to Dr. Johnson Esenowo Esenowo. This is the law on how you should write your name properly.*
Thank you very much

Justcul:


I have Zenith in my portfolio but plan to add more after dividend payment/mark down

You are a WISE man. You will smile to the bank in the next 6 months!

Hello good evening everyone, I am a total newbie in stock,

Please I am looking for very cheap stock I can buy with kobo and sell in a year or 2 when the price increased, please I need guidance and suggestion, thanks in advance

sophy17:


Find below a court judgement in full support of your write up.

Esenowo v Ukpong [1999] 6NWLT [PT 608]* 611. CAN THE WAY ONE WRITES HIS/HER NAME TURN THAT PERSON TO SOMEONE ELSE BEFORE THE LAW?*

*Be careful, therefore, to ensure that you write your name (whether in full or initials) in the proper order always and everywhere. Remember, the way you write your name can make you someone else, as it happened, unfortunately, to Dr. Johnson Esenowo Esenowo. This is the law on how you should write your name properly.*
Thank you very much

Interesting. Law sha. Kinda reasonable. Thank you.

HelipsTech:
Hello good evening everyone, I am a total newbie in stock,

Please I am looking for very cheap stock I can buy with kobo and sell in a year or 2 when the price increased, please I need guidance and suggestion, thanks in advance

Looking for stock is not the first step in stock investment. The first step is to look for knowledge about stocks before looking for it. Read and acquire some knowledge so that you can make informed decisions about stocks. Since you are already here it's a good step in the right direction. There are many teachers here so concentrate on what you need to know and avoid distractions in no time you will be fine. Don't rush! the market is always there it's the investors, sentiments, companies, economy etc that changes.

[quote author=emmasoft post=93935350]

Looking for stock is not the first step in stock investment. The first step is to look for knowledge about stocks before looking for it. Read and acquire some knowledge so that you can make informed decisions about stocks. Since you are already here it's a good step in the right direction. There are many teachers here so concentrate on what you need to know and avoid distractions in no time you will be fine. Don't rush! the market is always there it's the investors, sentiments, companies, economy etc that changes.[

Please can I reach you through WhatsApp?]