₦airaland Forum

PETERiCHY:
Sameway you have being waiting for GTB @t #8

It's N18!

crownprince2017:
Okomu has more than enough cash reserve, they can afford to pay everything out as dividend.

Abi.
MTNN would make N5trn in revenue and still struggle to pay 2% of that to share holders.

Everyone from staff to vendors to creditors enjoys MTNN'S massive growth in size, only the shareholders are left to just hope.

Mpeace:
with N60 eps they pay N40 as at Q3 wetin come remain?

Would you rather have them hold back?

If they do 67% payout and still manage a 57% yoy growth based on the latest numbers, I see a management that's considerate to shareholders.

They could have been as inefficient as MTNN's and paid the N39bn as finance costs. Instead they kept net finance cost below N1bn and paid N39bn to shareholders.

If all NGX companies did this, we would be better off for it I think.

Stockhunter:
Okomu paid 30 naira half year. If this 10 is added that is 40 naira. Lets see what they pay for full year. Seems okomu is trying to become the dividend machine. I think i will top up my okomu more at sub 1000 lets see if we can drive it to 1500 that will be 50%. My grouse with stocks that are this high is that block trade of 100k units, the price may not always move that easy. Though it is a gift and also a curse cos as e no easy to move up it wont also fall recklessly...

💯💯

emmanuelewumi:
Presco will be paying an interim dividend of N20 in November 2025

Difference being that it will be PRESCO's first and only interim, whereas this one declared by OKOMU is their second for a total of N40 in interims.

OKOMU's DY looks set to nearly double PRESCO'S.

If they start paying Q1 dividends now, then they've become quarterly dividend payers, cos they already pay in 3 out of 4 quarters.

But obviously all this is just on the basis of dividends alone.

[quote author=GeneralDae post=137159900]Taiwo Oyedele explaining CGT to investors at World Bank /IMF meeting. He says they are still open to taking more inputs from investors.

My message to investors at the ongoing World Bank and IMF meetings in the U.S. on changes to the Capital Gains Tax regime under our new tax reform laws. pic.twitter.com/5IVUH70Gky

— Taiwo Oyedele (@taiwoyedele) October 16, 2025

had better be.

Prosper307:
Not at all. Q3 is off season in Nigeria Oil Palm Industry
Only saying that Presco has found a strategy to mitigate the volume decline that characterizes off season.
You won't see a QoQ decline as steep as Okomu's.

Earnings are up 57% yoy. That should quite qualify as impressive.

BUAFOODS up in early trading.

We're now few inches away from 149k!

chimex38:
Well, you have a point.
enacted and signed are meant to be enforced by statuitory bodies(in this case FIRS).

But Ad-hoc committes are set up to make things done where statuitory bodies are usually docile, dormant or preoccupied with other moving parts of their mandate.

My point is unless the committee is disbanded, they will keep singing their mandate to Nigerians and FG to remain relevant or eventually force enforcement by FIRS.

We see how it goes sha...

You're exactly right.

And that's indeed something different this time.

The fact that the committee that midwived the tax law changes is still available to mostly drive compliance is a difference this time.

ositadima1:
I’m trying to be nice to you, but you seem to prefer being spanked. There’s nothing like “deflation on some items”, that makes no sense. Inflation or deflation applies to economies, not individual items. I’m teaching you Econ 101 for free; maybe I should reconsider.

You don’t know that purchasing power is closely tied to inflation? You’d better focus on your programming , you’re way outside your circle of competence.

I recommend you keep your alcohol content below 30%

How do you think I would spank your head if I wanted? Like send it as an attachment to a nairaland post?
Maybe you're abusing the term.


For deflation, you're right, I used the term wrongly.

I should have used a different phrase. "price reduction" or something.


For purchasing power, you're still wrong.

This is the point:
There's price reduction on some items and so that supports the disinflation the NBS is reporting.

Your talk about purchasing power doesn't connect to that point.

But since you hardly comprehend, let me help you by saying that I am not saying purchasing power has no correlation with inflation, there's obviously an inverse correlation between the two.

What I'm saying is the point I made isn't about purchasing power, so don't digress.

chimex38:
The difference is:
Usually the committee usually given this assignments, deliver Te results and the committee is dissolved e.g Orasanyas report.
The Presidential tax and Fiscal policy committee is not going to be dissolved anytime soon.
They will work together with FIRS(NRS) and keep fine tuning this new tax laws until it's implementation and stability.

Remember, they are also to monitor the Fiscal side as well. Kind of efficient use of the tax proceeds amongst others . That's probably why "fiscal" is part of their name.

Others presidential committeee before now just report to the presidency and it ends there just like confab report as well.

The previous CGT wasn't just a committee's work though. It was a law enacted and signed. They called it Finance Act, since that time VAT went from 5% to 7.5% they've had it in the form that now just got repealed. (Part of Buhari's idea to shore up govt revenue)

Yet it wasn't enforced.

ositadima1:
Lol, prices are already messed up, and people’s purchasing power has been severely hit. I’m putting it to you, there is no deflation. A reduction in the prices of a few items while others are still rising cannot be used as a basis for argument. The best that could happen is single-digit inflation, and even that would be a miracle. Your boyish optimism is well noted, though.

Boyish is good.

You can look for harsher qualfiers if you want.

But your comprehension problem still seems to persists.

If prices on some items are down, then there's defaltion on those items.

It's all I said, so why are you talking long?


I mean I posted about inflation number at 18% why would you infer that I said the economy has now entered deflation?


Purchasing power blah blah is not at all in context here.

Maybe I should just leave you to get sober.

Mpeace:
DangCem appreciation will always raise the index. Aradel appreciated too.

Yes sir!

I want it to reach 150k so I can rub it in with some people that told us 120k.

By "Some people", I actually mean "someone"

ositadima1:
So, you’re talking about your own personal inflation then, those items on your mall voucher, lol. Can that really be a basis for an argument for or against anything?

By the way the voucher isn't from a mall, it's just from a small but growing retail chain built to serve people in low income neighborhood.

Bokku! look them up maybe.

ositadima1:
So, you’re talking about your own personal inflation then, those items on your mall voucher, lol. Can that really be a basis for an argument for or against anything?

You think those prices are customized for me? or what are you saying??

If all your consummmables are costlier yoy, i think you're the one who's an exception.

Most people I know pay less for rice yoy, same with petrol, diesel, and beverages.

I don't do beer, maybe that's more your thing, maybe prices on those are higher. If so, maybe don't respond to posts while you've filled up on it.

ositadima1:
I have every right to counter any post you put out here if I deem it nonsensical. If you’re not happy with that, then stop posting or block me. Once again, are you going to show your mall vouchers?

you do not have any right based on what you deem, cos your deeming is dimmed by silly emotions and perhaps poor intellect.

You do however have a right to counter if indeed my post is nonsensical.


In this case, it's absolutely not.

The only reason you have a dim deem is cos of your bad emotions or poor intellect or both.

Let me help you.

When someone says they're experincing defalation on some items, what it does is buttresses the fact that there's generally disinflation in the economy, if you think it instead counters that fact, you really do need more help.

Agbalowomeri:
Allow market to close na

Witches may be passing

i'd rather be an optimist

ASI at new ATH 148.4K!

ositadima1:
Always using irrelevance as a trump card whenever a post doesn’t align with yours. In one post, you talk about how the prices of goods are coming down, but when you’re cornered, you start saying it’s inflation that’s reducing. Which one is it?

You like to imagine things, are you now envisioning petrol prices coming down? I guess that would dictate a lot of other things. But tell me, what exactly have you seen coming down? Are you going to post another one of your mall vouchers to show off? Armchair economist, lol.

1. Tell me how exactly it's your business?
2. Tell me why you think I owe you an explanation
3. Tell me how your lack of comprehension should be my concern.

mikeapollo:
....quoting a post but the comment is deleted.....
......do you get the message now?

what would you be fighting for or be throwing insults for early in the morning?

Good luck to you whatever you engage in this morning

Just learn to admit your mistakes rather than trying to litigate unnecessarily.

If you quote someone wrongly, own it and move on.

You do realize that even in the example I gave you still erroneously referred to me as Mr John. I would be Mr Peter in that context.

Maybe you actually don't understand every text I write. That's okay too. Just don't rush to quote(especially if you don't understand the text), and when you make mistakes, own them.

mikeapollo:
If someone quotes your comment and you don't like it, you can ignore, or delete the person's post in your subsequent comments.
The virtual space where we post our comments on this forum is not reserved for anyone because it is not paid for by anybody!
It is childish to be engaging in petty insults because of this.
But you may continue if it makes you ''awesome'' this morning.

you're right.
But the lesson for you here is simple: get your thoughts together before you rush to quote people with irrelevant comments
You don't have to take the lesson, but you'd be better off if you did.

If you quote me with a silly comment again, I will object again, maybe next time not so nicely.
If your comments make sense, then we'll be all good.

mikeapollo:
Apologies ''Mr. John'' that does not share or exchange ideas or knowledge with anyone.
The last time I checked, this is a public forum, hence every post is for the public.

While the forum is public, it's common sense to know that you should only quote people when your post has a relevance to theirs.

why is this so hard for you to understand?

mikeapollo:
My sincere apologies, if a harmless quoting of a comment in a faceless forum does any harm or injury to you. My bad.
And congrats for the deflation you are currently enjoying compared to last year. It is awesome.

I now understand why some people are always feeling ''awesome'', even if a loaf of bread that was selling for N800 in 2023 now goes for N2,000 in 2025!

I never said your quoting did harm or injury. All I said was that it was irrelevant to my post which you quoted. It's like you thinking John needs a lecture about disinflation, and instead of directing your lecture to John, you left John and directed it at Peter. Peter can raise objections, it's not a big deal.

For your last paragraph, the inflation reported isn't vs 2023, it's vs 2024, why do you prefer unnecessary complications.


Maybe try to grab a can of chilled malt from a store (not greedy retailers), you'll also witness the deflation in price. Or if you remember how much it cost to fill your car's tank about this time last year you'd realize it's almost 20k cheaper today. or if you eat rice, etc

Odunharry:
Not really bro
True it helps no one especially borrowers.

We are getting to the time where rates will be near single digits

Yes sir.

The government can save up to N7trn in debt servicing if rates moderate.

CBN too can save another N5- 10 trn in OMO bills costs

mikeapollo:
Let's remember that lower inflation figures does not mean that prices are reducing or dropping in the market.
It only means that even though prices are increasing, the rate of increment is lower compared to prior year i.e. prices are increasing at a decreasing rate.

Why did you feel the need to add the lecture to my post? I reckon you would know I don't need it??


Anyways, in the post you quoted I was saying that even beyond the disinflation NBS is reporting, I am actually experiencing deflation.

I can list more than 10 everyday items that I pay much less for today vs this time last year.

Streetinvestor2:
So inflation dropped from 20 plus to 18.05 based on what .What price has dropped since the past one month
This government is the worst in the history of nigeria walahi.It is obviously they are just bringing down the numbers because of election and not reality on the street

The 18% is yoy

Odunharry:
They should retain rates biko or slight reduction.

They trying to achieve close to single digit inflation by year end. Let's see what will happen

Is this because you're heavy in fixed income?

Cos 27% really helps no one.

The days of 11% MPR need to return.

mikeapollo:
Rebased and rebased inflation numbers?
Govt itself to be rebased very soon! Lol

😁😁

October numbers will probably be much closer to their 15% target


My own grocery basket actually prints less than 0% (food inflation) cos almost everything in it is cheaper yoy.

Energy too is lower yoy.

Only internet cost is moderately higher.

September inflation at 18.02

We expect another 300- 500bps cut next month.

We're now just 2300 pts away from 150k

Or just 1.56% more gains on the current levels.

zendi:
The tax law is convoluted and a bit confusing. But it does seem you're more right than wromg.

I had thought that all taxes save a few local ones are collected by the FIRS, pooled into the Fed Acct with other revenues from where distributed to the tiers of Govt according to the Revenue Sharing Formula.

But I've just found out that more categories of taxes than I had thought are allowed for the State Govts.

I hope your assignment is done.

😁😁😁