Banking and Finance Dept of Naites

14/10/2021

14/07/2019

Capital Market
Investors lose N265bn as stock market falls further
1 2 3 … 126 Next » July 12th, 2019 Investors lose N265bn as stock market falls further
Feyisayo Popoola Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline by N265bn on Thursday. After the listing of Airtel Africa Plc’s shares on the NSE on Tuesday, the market capitalisation of equities was lifted above N14tn as the market recorded a marginal gain at the close […]
Capital Market
July 12th, 2019 FG reiterates commitment to strengthen capital market
Dayo Adeola The Federal Government of Nigeria has reiterated its commitment towards building a strong capital market that will contribute to the growth and development of the country and can compare with similar markets anywhere in the world. This was disclosed by the Vice President, Prof Yemi Osinbajo, when the members of the Capital Market […]
Capital Market
July 12th, 2019 FMDQ records N119.22tn turnover in six months
Feyisayo Popoola FMDQ OTC Securities Exchange recorded a turnover of N119.22tn in six months. Data obtained from the FMDQ on Wednesday showed that the exchange recorded N15.08tn turnover in January, N19.18tn in February, and N28.98tn in March. In April, May and June, the FMDQ recorded N16.37tn, N20.49tn and N19.12tn, respectively. Turnover in the fixed income […]
Capital Market
July 10th, 2019 Airtel lists 3.7 billion shares on NSE
Feyisayo Popoola Airtel Africa Plc has listed 3,758,151,504 ordinary shares on the main board of the Nigerian Stock Exchange. The NSE said the shares were listed at an offer price of N363 per ordinary share. It added that the listing of the company’s shares added N1.36tn to the total market capitalisation of the Exchange, further […]
Capital Market
July 10th, 2019 Total Nigeria shareholders get N4.75bn as dividend
Feyisayo Popoola Shareholders of Total Nigeria Plc have approved the payment of N4.75bn as total dividend for the 2018 financial year. The shareholders approved the payment at the company’s 41st Annual General Meeting in Lagos. The Chairman, Total Nigeria, Mr Stanislas Mittelman, said the company had paid an interim dividend of N3, which translated to […]
Capital Market
July 9th, 2019 Flour Mills, 16 others push stock market higher
Feyisayo Popoola The nation’s stock market on Monday witnessed a rebound as investors gained N7bn on the back of price appreciation recorded in Flour Mills of Nigeria Plc, Unity Bank Plc and 15 other stocks. The market, which recorded losses totalling N304bn last week, saw its capitalisation increase to N12.909tn from N12.902tn on Friday. The […]
Capital Market
July 9th, 2019 CIS inducts SEC DG as associate member
Feyisayo Popoola The Chartered Institute of Stockbrokers has inducted the acting Director General of the Securities and Exchange Commission, Ms Mary Uduk, as an associate member. Uduk, while speaking during her induction, urged members of the institute to continue to uphold the tenets of the noble profession and strive to contribute to the growth of […]
Capital Market
July 9th, 2019 NSE promotes healthy living, hosts 650 runners
Feyisayo Popoola The Nigerian Stock Exchange brought together over 650 runners from over 60 companies for the 6th edition of its corporate challenge, tagged ‘e-Race Cancer’. The NSE Corporate Challenge, which was instituted in 2014, is a one-day event designed to create awareness on the early detection of cancer and raise funds to support the […]
Capital Market
July 9th, 2019 Fidson lists additional 586 million shares on NSE
Feyisayo Popoola Fidson Healthcare Plc has listed additional 586,360,250 ordinary shares on the Nigerian Stock Exchange. The NSE, in a notice on Monday, said the listing of the shares was by way of a rights issue. Fidson had proposed a rights issue of 750 million ordinary shares of 50 kobo each at N4 per share […]
Capital Market
July 5th, 2019 NSE grants listing waiver to Airtel, admits shares today
Feyisayo Popoola The Nigerian Stock Exchange says it granted a listing waiver to Airtel Africa Plc as the company did not meet the minimum requirement of 300 shareholders as of the day the listing was approved by the National Council of the Exchange. The NSE said in a circular on Thursday that Airtel Africa, the […]
Capital Market
July 5th, 2019 Capital market critical to economic development — SEC chairman
Feyisayo Popoola The Chairman, Securities and Exchange Commission, Mr Olufemi Lijadu, has described the capital market as important in the socio-economic development of any nation as it plays a critical role in attracting investments. Lijadu, while speaking at the maiden meeting of the new board with members of staff of the commission in Abuja on […]
Capital Market
July 5th, 2019 NSE, firm collaborate on investment training
Feyisayo Popoola The Nigerian Stock Exchange has partnered Chapel Hill Denham to organise a training programme on alternative investments, titled ‘Listed real assets: A teach-in on alternative investments.’ The NSE said in a statement that the training covered core concepts of alternative investments as well as applicable techniques for valuation, trading and investments in the […]
Capital Market
July 5th, 2019 C&C Group seeks London Stock Exchange listing
Feyisayo Popoola An international drinks manufacturing company, C&C Group, on Thursday reiterated its target to deliver double-digit earnings per share growth in 2020 as it announced plans to seek inclusion in the FTSE UK Index Series. C&C Group said it was looking to list on London’s FTSE share index as recent merger and acquisition activity […]

23/03/2017

Here is an analysis of the Paris Club Refund, the first tranche. You need to know what your state government got and demand ACCOUNTABILITY.

11/03/2017

18/11/2016

The families of MALL.BELLO BABALOLA and MALL.MOHAMMED AJEKA of Idah
cordially invite ''U'' to the wedding fatiha of their children Babalola Abdulganiyu Bello and Salma Mohammed Ajeka which will InShaAllah take place as follows:
Engagement and wedding Fatiha
Date 10th Dec,2016 Time:9:00am Venue:mohammed Ajeka's Residence, No15 Bishop Road, Opu-Atah Idah Kogi State.Reception follows immediately after wedding.

13/06/2016

Congratulation to HOD banking and finance and all student of banking and finance

08/01/2016

Banking and finance is moving from step to step high level to high level

13/12/2015

21/10/2014

Happiness is not something u postpone 4 the future.
It’’s something u design 4 the present.
Make each moment a happy one.
I just did it by remembering U!
Good Morning & Have a nice day

23/08/2014

Charming teengirls age 14 & 15 proudly presented their brilliant innovation at Intel International Science and Engineering Fair in Los Angeles, USA.

Nigerian teens present their project. Photo: ynaija.com

Eveshorhema Samuel-Alli and Ibukunoluwa Oladeinde, two teens from Nigeria, greatly represented the country with their research about the overcoming of Halistosia a.k.a. bad breath. Mouth odor is considered to be a rather embarrassing problem for anyone. There are many reasons that can cause it, for example –bad dental hygiene, smoking, infections, health problems, some specific medications etc. Halitosis can be as occasional as chronic problem as well. Apart from being very unpleasant in itself, bad breath can also cause a lot of social problems, such as troubles with communication.

In their report, girls from Doregos Private Academy in Lagos found a solution of this issue with a help of African walnut (Coula Edulis). They discovered that this product can be quite useful in curing bad breath. The idea of this project came to girls during a school trip to one of the rural areas of Nigeria.

“When I woke up in the morning, I hadn’t brushed my teeth yet but my breath was already fresh. Then I remembered I had eaten walnuts the previous night.” –said Eveshorhema Samuel-Alli. And then students decided to continue their research. They invited 35 volunteers from their school. Members of the experiment were divided into 2 groups and ate different walnut products such as chewing gum or walnut mouthwash. During the experiment volunteers did not brush their teeth, but ate walnut products in the morning and in the evening. At the end of their studies girls stated that the ones who ate walnut had less mouth bacteria which caused bad breath. It means that despite being cancer-preventive, positive for heart, weight control, circulatory system and reproductive system, African walnut can also help to get rid of mouth odor. Teen girls won a Life Science Award in the category of Medicine and Health Science and got an award of $1000.

Intel International Science and Engineering Fair is a world largest competition for the students of elder grades. Children from more than 70 countries participated in it in 2014. With their independent researches they compete for more than $5 million.

03/05/2014

May 2nd, 2014 – Obasanjo’s Daughter, Iyabo Writes Open Letter To Boko Haram “U’re Winning Bcos Nigerian Govt Has Failed”

Controversial daughter of former Nigerian President Olusegun Obasanjo, Iyabo who wrote an insultive letter to her dad last year is back in the news again.

Iyabo Obasanjo just penned an open letter to Boko Haram terrorists over the abduction of 234 school girls in Chibok Borno state and the recent bombing in Nyanya area of Abuja.

In the letter, Iyabo blasts the dreaded Jihadi sect for using opposition to education as a cover for their evil attacks.

In her own words:

“I am moved to write about the current state of affairs in Nigeria. My first inclination was to write to the President but since all letters to him seem to elicit only open derision and even more stupidity from his inner circle, I have decided to address my letter to a group also currently causing Nigerians a lot of pain and agony that may actually have more sense than the country’s leadership.

Dear Boko Haram, the fact that you have taken arms against the Nigerian state is no surprise. The question should be why haven’t more young people organised themselves against the state? Even the fact that your motto, ‘Against Western Education’ is in a way reasonable given the fact that your leader, martyred by the Nigerian state had university education and found no reasonable employment but had to resort to thuggery for politicians to survive, as the story goes.
He, like millions of Nigerian young people and college graduates, seeing a blighted future are doing anything to survive. They have become opportunistic desperados, almost sub‑human as the stepping on and trampling on each other to death at the Immigration employment debacle indicates.

Where you’re wrong, Where I think you have gotten it wrong are in two areas, if you can pardon my giving you some unsolicited advice.

First, your victims are becoming more and more the people you should be attracting to your side. Take the Nyanya bus massacre. The people that live in Nyanya are usually the clerks, messengers and other lowly office workers that live out in relative slums compared to the rest of Abuja and take public transportation to work to receive monthly salaries they barely get by on.

Consult any written work of successful revolutionaries be it French, Russian, Cuban or even the more recent uprooting of communism in Eastern Europe, to succeed you need the people to be on your side. Right now you are not achieving this. You are targeting the group you need most. This does not make for a successful revolution but you are making yourselves into nuisances to the people and in the end while the state, including its military machine may not be able to conquer you, your downfall will be alienating these potential allies, i.e. the oppressed and down-trodden.

Secondly, the abduction of girls. It must be hard to stay in the bush as all male revolutionaries fending for yourselves with no sexual gratification. Cuban example. But again, reading up on past bush revolutionaries like the Cuban, for example, indicates that they were able to convince some women to go voluntarily with them into the bush. Somehow, revolutionary zeal does not include sexual abstinence and cooking and cleaning by yourselves. Reading must be hard for you since you hate education but the past is a good guide to the future and if you can’t read, you are done for in organizing or succeeding in most endeavours as most things have been done before and reading up on how it was done can only serve as good guidance.

The parents of the girls you abducted are just trying to give their daughters a chance at having successful lives. Without an education there is very little anyone can achieve in this early 21st century. I know living in the bush; it must still seem like the dark ages but the truth is that even with the lack of jobs and opportunities for young people in Nigeria currently, it is still better to be educated.

An educated university graduate who was selling food from a food cart ignited the Arab Spring which was spread by use of the internet which is hard to use if you are not educated. There are writings, videos and stuff you post on the internet which I haven’t seen. But think of it, you can only post and use the internet because some of you have some education. But in the end you have no control over the distribution of your advertising and recruiting information because as you may know, the internet is really part of the western system you despise.

Why you’re succeeding:

The truth is that you have succeeded because the Nigerian state has failed to provide jobs and opportunity for its young people who you can now easily recruit. By disrupting education, you are adding to the burden of the people.

You may say, but how about our religious issue? Let the truth be told, just as there are indigenous southern Muslims, there are indigenous northern Christians even from your epicentre in Borno State and just as you are zealous for your religion, I don’t see them giving up their religion either.

The reasonable solution to this impasse would be for you to advocate for everyone to be able to practice their religion as they see fit with respect for each other’s beliefs. Remember, a couple of centuries ago, all of our ancestors below the Sahara were all animists worshipping various ‘gods. This ‘One God’ — us against them situation — is a relatively recent one in our human history and you will be advised to let the originators fight it out and let your people be.”

Hope they are reading this…..

Related Posts:

Open Letter: Obasanjo’s Daughter,