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nigeria money finance

Financial Market Jargon Buster

Financial  Market Jargon Buster

A financial market is a market that brings buyers and sellers together to trade in financial assets such as stocks, bonds, commodities, derivatives and currencies. The purpose of a financial market is to set prices for global trade, raise capital and transfer liquidity and risk. Although there are many components to a financial market, two of the most commonly used are money markets and capital markets.

Stock : A stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings.

Derivatives :  A derivative is a security with a price that is dependent upon or derived from one or more underlying assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its value is determined by fluctuations in the underlying asset.

Comodities : It is any useful or valuable thing, especially something that is bought and sold. Grain, vegetables, and precious metals are commodities.

Venture capital : Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

Domiciliary account : This is an account that allows you save in US Dollars, Pounds Sterling or Euro; with your money valued at the prevailing exchange rate.

Bond: A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities.

Equity : Equity is the value of an asset less the value of all liabilities on that asset.

Bank Equity : The bank capital represents the value of a bank’s equity instruments that can absorb losses and have the lowest priority in payments, if the bank liquidates.

Stock Trading : A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker or investor.

Libor :  Libor stands for London interbank offered rate. The interest rate at which banks offer to lend funds (wholesale money) to one another in the international interbank market. Libor is a key benchmark rate that reflects how much it costs banks to borrow from each other.

Money market : Money market is basically refers to a section of the financial market where financial instruments with high liquidity and short-term maturities are traded.

Capital market : Capital markets are markets for buying and selling equity and debt instruments.

Financial securities :A security, in a financial context, is a certificate or other financial instrument that has monetary value and can be traded.

Futures : Contracts for assets (especially commodities or shares) bought at agreed prices but delivered and paid for later. It is a tradeable financial contract.

Debt Instrument : A debt instrument is a paper or electronic obligation that enables the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract.

Financial Instrument : Financial instruments are assets that can be traded.

Financial Cap : An upper limit (same as ceiling), or to set an upper limit. In finance, this is normally used with respect to interest rates

Growth stock – The basic idea behind a growth stock is that you want to buy it when it’s not worth much and then sell it when it’s worth a lot.

 

Mutual funds : A mutual fund is nothing more than a collection of stocks and/or bonds. You can think of a mutual fund as a company that brings together a group of people and invests their money in stocks, bonds, and other securities.

Treasury Instrument : Treasury bonds, bills and notes are also known as Treasury instruments. In finance, an instrument is a real or virtual document that represents a legal agreement having a monetary value, as all Treasury instruments do.

Economic Capital : Economic capital is the amount of capital that a firm, usually in financial services, needs to ensure that the company stays solvent. Economic capital is calculated internally and is the amount of capital the firm should have to support any risks it takes on

Growth stock  :  The basic idea behind a growth stock is that you want to buy it when it’s not worth much and then sell it when it’s worth a lot (“buy low, sell high”)

Equity Financing – Issuing of stocks to the general public, this is called equity financing.

Stock quote or stock table is  a table with columns and rows showing financial and performance record of stocks usually within a period of time.

Dividends : Sum of money paid regularly  by a company to its shareholders out of its profits decided by the board of directors, to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.

Market Capitalization :

It is the current share price multiplied by all outstanding shares. This gives you a general idea of the size of a company. 

Price to Earnings Ratio :  It is the  price to earnings of a  company’s current share price divided by its EPS. This amount will show you about what investors are willing to pay per dollar of earnings. It can also be used as a metric to determine how much a company is over or undervalued.

Exchange Traded Funds

: Are funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. When you buy shares of an ETF, you are buying shares of a portfolio that tracks the yield and return of its native index.

ETF

ETN

EFC

EBC

Investment Fund

: An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. It  is a supply of capital belonging to numerous investors used to collectively purchase securities while each investor retains ownership and control of his own shares. An investment fund provides a broader selection of investment opportunities, greater management expertise and lower investment fees than investors might be able to obtain on their own.

Hedge Fund :  In general, a hedge fund is a private partnership that operates with little to no regulation from the U.S. Securities and Exchange Commission (SEC). A hedge fund uses a range of investment techniques and invests in a wide array of assets to generate a higher return for a given level of risk than what’s expected of normal investments. In many cases, hedge funds are managed to generate a consistent level of return, regardless of what the market does.

This article will be continuously updated – Greenaira Team

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Posted by: | July 29, 2016

Posted on: 2016 July 29
nigeria foreign exchnage market lagos

Nigeria foreign exchange market

Nigeria needs significant resources in order to meet its ambitious sustainable goals. While domestic financing sources such as tax revenues might be increasing they are not sufficient to fill in financial shortfall as as a result of the fall in oil prices. Which is the main source of government revenue.

The Nigerian economy is heavily dependent on the oil sector, which, accounts for over 95 percent of export earnings and about 40 percent of government revenues, according to the International Monetary Fund. According to the International Energy Agency, Nigeria produced about 2.53 million barrels per day, well below its oil production capacity of over 3 million barrels per day, in 2011.

Due to the shortfall in revenue, the Buhari  governments is seeking funds from the  international markets to complement domestic financing. External financing comes with huge risks, especially due to depreciation of local currencies with respect to the U.S. dollar.

Nigeria is currently experiencing loss of value in naira, meaning the Buhari Regime needs to raise more local currencies to pay back the country sovereign U.S. dollar-denominated debt.

The cost of debt repayment  is stifling the growth of the Nigeria Economy. The  Niger delta crisis, calls for Biafra and the slow wheel of change is not the best climate to attract huge foreign or encourage domestic investors. But there is hope, Nigeria GDP reached an all time high of 568.51 USD Billion in 2014. Presently it’s  about 481 billion – source, worldbank.

How can Nigeria mitigate this foreign exchange risk?

DEVALUATION -There has been some talk of devaluating the Nigerian currency in order to restore equilibrium.

With Nigeria being a net importer, it is likely that this would simply make the situation worse and the exchange rate increase would cause imports to become more costly. It must be noted that a devaluation coupled with an increase in the quantity of exports to the point at which Nigeria became a net exporter would only have positive benefits for the economy. The price of Nigerian exports would fall; increasing competition and contributing positively to GDP.

REFINING CRUDE OIL – If Nigeria were to switch the focus to constructing enough oil refineries to produce a sufficient quantity of domestically produced petrol to make Nigeria petrol-self-sustainable, there would be no need for Nigeria to export crude oil, only to later re-import the refined form of the same product, as is currently the case.

INCREASE EXPORT – Diversify the country income stream, increase other export such as cocoa, oil seeds, wood, cooper, aluminium, etc

STABILITY – Political stability brings about economic growth. Investors feel confident to invest, the environment is conducive to business, reduces employment. Increase overall country GDP, meaning more revenue for the government.

As it stands, the solution that the Nigerian government have proposed to the FOREX issue is to adopt a ‘flexible FOREX policy’ whereby the government will undertake to officially institute, incorporate and recognise the black market, rather than allowing two parallel exchange markets to run. This would allow the government to better regulate the use of the limited foreign USD reserves, and undoubtedly provide a more suitable short-term solution.

The government must realise that resisting market forces is like trying to force a river to flow upwards. But others argue, devaluation is not the answer. Some form of currency control is required.

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Posted by: | July 14, 2016

Posted on: 2016 July 14
nigeria event organisers Lagos

EVENT ORGANISERS IN NIGERIA

 LIST OF EVENT ORGANISERS IN NIGERIA

READ – Greenaira have only  verified the phone numbers on the  list below, use the list at your own discretion.  If you do require a specific service,  do get in touch. We might be able to provide additional information. If you wish to add your business, do get in touch

 Example of a verified Business Listing  –   BUSINESS name,  Address  Location Phone number – VERIFIED

      1. DSV Event Managers, Blk A3 Flat 1 IRMS Quarters Ipaja Lagos. 08038235549
      2. SODIPU, 8 Dosu Ogundele Street, Akowonjo Egbeda Lagos. 08024464430, 08065908791
      3. Labana Events, www.facebook.com/labanaevents. 08089702143                                                                                                                                                                                                                                                

We building the directory, in a few weeks it will be filled up. Speak to  us if you want to add your Listing –  08160381540  or email.

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Posted by: | July 14, 2016

Posted on: 2016 July 14
nigeria electorate lagos politics

Are the electorate stupid

Are the electorate stupid?

This question is usuaully asked, mostly after an election with an unexpected outcome.

Most politicians tell the electorate what they (the politicians) think (the electorate) want to hear, in the hope that the message will resonate with majority of the electorate to vote the politician into office.
Even when it is obvious the politician is lying, promising what they cannot deliver, misrepresenting themselves, and deliberately misinforming the electorate. Focusing on sound bites, short, sharp and eye-catching messages. Including divisive party slogan, rhetoric or focusing  their entire campaign criticizing their opponent.

Providing little or no information of how  their win will better the life of their electorate or constituent.
Sometimes these politician still gets voted in.

The reason they get voted in becomes a big question? This is assuming it is not a rigged election.
They never provided any truthful information on how to better the life of their electorate
Their promises are not achievable

Why did the electorate voted for them?
What do the electorate based their vote on?

Tribalism/Ethnicity
Religion
Geographical location
Party loyalty
Bribery
Media Bias

Family background etc

Stupidity?

Lack of information?
In  America, there is a phrase “Low information voters”
Low information voters, also known as LIVs or misinformation voters, are people who may vote, but who are generally poorly informed about politics. If the percentage of LIV Electorate in any election are massive.

Most times the outcome of such an election is difficult to predict. You cant tell what information they will based their vote on.

If a politician throws out garbage information about tax improvement policy. An electorate with no knowledge of how tax system works, might believe the politician.
In many cases, electorates can verify some of the misinformation. But they usually choose not to or ignore the truth when it is pointed out to them due to laziness or have made up their mind due to ethnic or religious or other reasons.
Many Politicians are fully clued on how to manipulate the electorate to vote against their interest.

It seems most electorate suddenly become aware of the facts  after the election.
Suddenly, that is when the media starts debating the facts after election results are announced.
NIGERIA
Nigeria and Africa in general are hugely tribal/ethnic and fiercely loyal to a party.
The  APC and the PDP supporters daily slug it out  on facebook. Each defending their party fiercely even when it is obvious their party is wrong on an issue.
Both supporters result to lies, misinformation, disinformation, insults, deliberate and falsification of facts to support their party and paymaster.

Doing the nation and unborn generation a huge disservice. Not supporting or  voting based on the facts/ interest of the country but on party loyalty.
Niger delta supports Jonathan because he is from their region, in similar vein. Yoruba supports the western politician and Northerners supports Buhari.

Politicians  are aware of this  and always exploit this shortcoming in the voting public. Electorates voting against their interest.

KENYA
This is evident in Kenya, the massive ethnic violence in 2012-2013. Was reported to be engineered by politicians. At the end of the day, most politicians keep the richness of the govt to themselves, family and core circle. The electorate are left arguing and fighting themselves.

UK
Take the recent Brexit vote in UK, the leave politicians where not ask critical questions. The campaign were based on sound bites, slogans and half truth. Dodging the facts. Many leave voters voted based on emotion, not understanding the full facts and consequences.
As usual, after the election result was announce. The media starts discussing the hard facts, when it was too late.
USA
Donald Trump the presumptive nominee of the GOP –Republican party. In one sentence, says  lots of contradictory facts. But is supporters hear only what they wish to hear.

Are the electorate stupid or irrational?
When voters are happy to debate passionately the intricacies of the off-side rule in football or the plot of a movie or soaps, computer games, business, read book etc. But pay little attention to the core issue of politics.  Politicians will continue to  exploit this to craft  messages, slogan,  based on tribal/ethnic lines,  party rhetoric, divisive campaign, deliberately omitting the fact from their messages.

At the end of day, the main issues are sideline during campaign. Only after the winner is announced, the media and strangely enough many electorate starts discussing the key issue. By then it is too late.

 

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Posted by: | July 3, 2016

Posted on: 2016 July 3
nigeria furniture marketers

LIST OF FURNITURE MARKETERS IN NIGERIA

 LIST OF FURNITURE MARKETERS IN NIGERIA

READ – Greenaira have only  verified the phone numbers on the  list below, use the list at your own discretion.  If you do require a specific service,  do get in touch. We might be able to provide additional information. If you wish to add your business, do get in touch

 Example of a verified Business Listing  –   BUSINESS name,  Address  Location Phone number – VERIFIED

      1. Glemlivet Furniture 17a ,Omotayo Ojo Street, Allen Avenue, Ikeja, Lagos, Nigeria 08091755603 08023163728
      2. Wood-Et Al Limited • Plot 13, Phase 1 , New Nyanya , Nyanya, Abuja, Nigeria 07025319973
      3. Added Values Office Mart • Suite E392//392-356/357 ,Ikota Shopping Complex, Ajah, Eti Osa, Lagos, Nigeria 08026358433
      4. Marvyhand Company Nig 16 ,Eded Street, Ika-Annang, Akwa Ibom, Nigeria 08064364114
      5. Manara Spare Parts And Furnitures Limited • Moyijo Road, Sokoto Road, Sokoto North, Sokoto, Nigeria 08060367637
      6. Oluruwa Furnitures 5 ,Odejayi Street, Ibadan North, Oyo, Nigeria 08108075915 08072135252
      7. Itosman Furniture Company 21 ,Opposite Emble Hotel Rumounduru Road Eliowhani., Obio-Akpor, Rivers, Nigeria 08039386303
      8. Feel Comfortable furniture 10 ,Lawal Street, Ikeja, Lagos, Nigeria 08168225455
      9. Harmony Furniture Construction • E2 32 ,Imogun Street, Ilesa West, Osun, Nigeria 08138364849 08052466008
      10. Evans Furnitures 25 ,Power Line Trikanian, Trikania, Kaduna South, Kaduna, Nigeria 08027102050
      11. Wolac Furniture Nigeria Enterprise • Ooye’s Compound, Ejigbo, Osun, Nigeria 08108513327
      12. Nna-Best Furniture Enterprises 12 ,Nimo Street, New Haven, Enugu South, Enugu, Nigeria 08023927518 08135075245
      13. Olawoyin Furnitures • 1 ,Bisi Marafa Street, Ijokodo Ibadan, Ibadan North, Oyo, Nigeria 08056727053 08090964740
      14. Furniture Home • 598 ,Kashim Ibrahim Way, Wuse Ii, Abuja, Nigeria 080981144204
      15. Furniture Empire Road 3, E Block ,Shop E253 – E262, Ikota Shopping Complex, Vgc, Eti Osa, Lagos, Nigeria 08026600709 08092297331
      16. Davis Furniture Kastina Road, Kaduna North, Kaduna, Nigeria 08028333384
      17. Luxco Furniture • 20 ,Idi-Ape Road, Ibadan North-East, Oyo, Nigeria 08038090569
      18. Kingstar Outdoor Limited Km 15 ,Ikorodu Road, Ojota, Shomolu, Lagos, Nigeria 08168711365
      19. Harmony Furniture Construction E232 ,Imogun Street, Ilesa, Ilesa West, Osun, Nigeria 08034466579 08025072455
      20. Confidence Furniture Abakpa Nike Road, Abakpa Nike, Enugu East, Enugu, Nigeria 07031831147
      21. Promico Furniture Nigeria Beside Gold Rush Filling Station Ikot Ekpene Road, Obioma Ngwa, Abia, Nigeria 08055970790 07065213064
      22. Saolak Furniture • Old Ife Road, Jagun, Egbeda, Oyo, Nigeria  08059575630
      23. Rise Furniture 3 ,Former Utc Stores, Birnin Gwari, Kaduna, Nigeria 08023111375 08032989979
      24. Mega Lights And Furniture Nigeria Limited • G5 ,City Mall, Onikan, Lagos Island, Lagos, Nigeria 08098269264
      25. Nice-Up Furniture Km 2 ,Gbongan Ibandan Road, Osogbo, Osun, Nigeria 08038636733
      26. Apeh Furniture Moro Road, Kubwa, Abuja, Nigeria 08026518179
      27. Ericson Furniture 21 ,Bishop Anyogu Street, Uwani, Uzo Uwani, Enugu, Nigeria 08036766005
      28. Oc Furniture Company 32 ,Ikot Ekpene Road, Aba North, Abia, Nigeria 08030860454 07044871603
      29. Topview Promotions Limited • 9 ,Ademola Oki Street, Aguda, Surulere, Lagos, Nigeria 08023082459
      30. Adedeji Furniture 4 ,Akinlade Street, Alekuwodo, Osogbo, Osun, Nigeria 08062221348
      31. Oriko Furniture • Beside Gegu Filling Station Dutse Junction, Kubwa, Abuja, Nigeria 07037449668 08055439146
      32. Stammy Global Resources Ltd. 96 Awka Road Onitsha Anambra State 08035836661
      33. Tj Furniture & Company Ya 868 ,Ayetoro Quarters, Ilesa West, Osun, Nigeria 07034980730 08180421704
      34. Remts Limited • 5 ,Kastina Road, Palala Shopping Complex, Kaduna North, Kaduna, Nigeria 08032072696 07040033170
      35. Fekem Furnitures • 69 Road, Adikan Estate, Gwarimpa, Abuja, Nigeria 08186882577 08028842873
      36. Surry Furniture Agugu Oremeji Road, Ibadan North-East, Oyo, Nigeria 08055075795
      37. Edu Furniture • 1 ,Amaigbo Lane, Uwani, Enugu South, Enugu, Nigeria 08065368959
      38. Tade Furniture Works Ogoluwa Area Gbongan Road, Osogbo, Osun, Nigeria 08033720941
      39. C Ozor Furniture Construction 40 ,Courage Road, Abakpa Nike, Enugu East, Enugu, Nigeria 08032900288 07030927598
      40. Anik Furniture 194 ,Azikiwe Road, Aba North, Abia, Nigeria 08033418308 08089090201

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Posted by: | June 19, 2016

Posted on: 2016 June 19
nigeria courier companies

Courier Companies in Nigeria

 COURIER COMPANIES IN NIGERIA 

READ – Greenaira have only  verified the phone numbers on the  list below, use the list at your own discretion.  If you do require a specific service,  do get in touch. We might be able to provide additional information. If you wish to add your business, do get in touch

 Example of a verified Business Listing  –   BUSINESS name,  Address  Location Phone number – VERIFIED

    1. Abc Express Courier Limited 52, Ikorodu Road, Jibowu, Yaba, Lagos. 0806 326 1919.
    2. Eps Courier 76, Ndidem Usang Iso Road, Calabar, Cross River 07088684171, 08056940390
    3. Abex Express Parcel Service 1a Shiro Street, Fadeyi Ojuelegba Lagos 07029 120 979, 0806 630 6900
    4. Standard Delivery Service Limited 9, Ikorodu Road, Jibowu, Lagos. 0803 328 5541
    5. Fast Express Couriers Suite B48, Danziyal Plaza, Olusegun Obasanjo Way, Central Business District, Abuja Fct 08108828987, 08092262116, 08186199122
    6. Transroyal Courier Limited 2b Idowu Olaitan Street, Oworoshoki Expressway, Gbagada, Lagos 08087189027 08087189013
    7. Aero Contractors (Lagos Airport Office) Private Terminal, Domestic Wing, Murtala Mohammed Airport, Ikeja, Lagos. 0700 359 2376   08050501565
    8. Gal Express Nigeria Limited 2nd Floor, Magbaralewon House, 11a, Cowlane, Off Igbosere Road, Lagos. 08023061175
    9. Impex Worlwide Limited 4 Bashiru Oweh Street, Off Medical Road, Ikeja, Lagos. 08026164211, 08035596370, 07055774919
    10. City Errands International Services Limited 2nd Floor Uac Commercial Complex Plot 272/273 Central Business District, Garki, Abuja. 0803 596 9098
    11. Apk Express Services Limited Address 6, Ilojo Crescent, Off Ikorodu Road, Obanikoro, Lagos 0803 381 8873
    12. Chase Express 158, Ibrahim Taiwo Road, Ilorin, Kwara State Nigeria 08056667941
    13. Firstpost Express Delivery Services Limited 3rd Floor Banuso House, 88/92 Broad Street, Lagos 0806 605 7167, 0807 631 5729, 08080875545
    14. Ifex Express Limited 99, Ibb Way, Lokoja, Kogi State Nigeria 08077523433, 08070591800
    15. Swift Couriers Limited Suite 26, Wuse Shopping Complex, Wuse, Abuja Fct Nigeria 09-5236579
    16. Pea Transport Nigeria Limited 77, Agidi Road, Ketu, Kosofe Lagos 08026442599, 08098019847
    17. Tinex Courier Limited Royal Exchange Complex, Suite 251b, Apapa Oshodi Exp/Way, Opp. N.A.R.C Oshodi, Lagos. 080 2907 1161
    18. Swift Couriers Limited 7, Victoria Street, Off Osolo Way, Isolo, P.O.Box 3440 G.P.O. Marina, Lagos 08023013234
    19. DHL International Nigeria Ltd 47 Ring Road, Ibadan , Oyo State 08039077000
    20. Pab Royal Express Limited 5 Olaide Tomori Street, Off Medical Road, Ikeja, Lagos. 08038303511
    21. Suvex Delivery Service Limited 28 Market Road, Off Rumuola Junction, P. O. Box 8064 Port Harcourt, Rivers State. 0806 4132526, 0803 3170826, 0803 3170827.
    22. Theophilanzo Agencies Ltd. Consolidators, Shipping & Cargo Handling Services. 0802 319 6598, 0705 657 6864
    23. Ekesons Parcel Services Ltd 68, Mbaise Road, Owerri, Imo State Nigeria 07088685003
    24. Daudeen Courier Limited Suite 351 & 352b, 2nd Floor, Royal Shopping Plaza, Charity B/Stop, Oshodi Apapa Expressway, Lagos 08023958005, 07031866222
    25. Arrowhead Courier Limited Suit 70, Ogba Shopping Arcade, Caterpillar Bus Stop, Ogba-Ikeja, Lagos. 08068776088, 08035604196.
    26. First Tarmac Global Services Suite 1, Obason Green Plaza, Phase 2, Lokoja, Kogi 08073179010
    27. Ksp Shipping & Logistics Plot 13, Blk D,Fatai Atere Way, Matori Industrial Estate,Mushin, Lagos. 08022922624
    28. Prime Express Limited 3, Oduyemi Street, Opp Ikeja Council Hq, Anifowose, Ikeja, Lagos. 08057484455.
    29. Globalport Express Logistics Limited Suite T6 Ozde Plaza, Osolo Way, Ajao Estate, Isolo, Lagos. 08033066264, 07055800955
    30. United Parcel Service Inc 93 Moshood Abiola Way,Olusany Ring Road, Ibadan, Oyo State 08067760835
    31. Peace Mass Transit Limited 783, Okutuku – Mbiama Road, Mbiama Yenagoa, Bayelsa State 08055091855, 08055091820
    32. Zion-Gabson International Company Limited 27, M.M Int’l Airport Road, 7/8 Bus-Stop Ajao Estate Lagos 08042126726, 08023120810
    33. Red Star Express Fedex Plc Km 5, Mbiama-Yenogoa Road, Yenagoa, Bayelsa Nigeria 08088709631
    34. Datol Express Courier Services Limited 8 Adeyemo Street, (7&8 Bus Stop) Airport Road Ikeja, Lagos. 08023016540
    35. Zenith Carex Express International Express Limited Fototek House Area 3 Garki Abuja 07032114180

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Posted by: | June 19, 2016

Posted on: 2016 June 19