₦airaland Forum

megawealth01:
The day dollar will fall eh. I just hope people buying dollars to hoard won't regret it sha?

megawealth01:
Anyone following stockbrokers recommendations is like someone following Wale and taking all his words to heart

GeeKudi:
Sure! If there is no significant pullback by analogue investors and profit takers, it should cross 100 by early next week. Thereafter, we will see how far people can stretch the largesse. May 2025 is too far for people like me. Will only leave few units for the Chinese.

megawealth01:
Oando wey go still cross #100

Make Wale finish wetin him and JAGABAN dey cook first

Streetinvestor2:
They will pay me personally nothing less than #150.That is what I have used to calculate my afolabi units..lol.This is by faith.Make dey no try 10WHT on it too

ghm:
You are right but if we think out of the box, it may occur to us that it is not the same with everybody, situations may differ.
E.g. someone I know:
1. Brought in $10K into the country
2. Changed it at N1,500 to $1, that's N15m.
3. bought 50,000,000 units of Veritascap at N0.30K around 1/11/2023
4. Sold at N1.30 on 11/7/2024 for guess how much - N65m
5. Change 65M back to USD at 1700 that's a whopping $38K - over 20K on top of 10K.

This is real, not an hypothetical story.

It is not recommended for anyone, DYOR, you are the CEO of your portfolio..

chimex38:
you don join the Ding crew

megawealth01:
Top 10 Banks In Nigeria By Shareholder Funds In Q3 2024
https://nairametrics.com/2024/11/30/top-10-banks-in-nigeria-by-shareholder-funds-for-q3-2024/

megawealth01:
https://businessday.ng/news/article/nigerias-cardoso-signals-rate-cuts-next-year-as-inflation-cools/

Nigeria’s Cardoso Signals Rate Cuts Next Year as Inflation Cools

BabsO2:
We are waiting for the bullion van at FBNH at market open. What’s holding it back. Abeg make the major buyer resume

essentialone:
The United Bank of Nigeria (UBA) says it has signed a business cooperation deal with the French government to commence full banking operations in France.

The bank, in a statement, said Tony Elumelu, chairman of UBA Group, signed the deal with Antoine Armand, the French finance minister.

According to the statement, as part of President Bola Tinubu’s state visit to France, Elumelu signed the agreement in the presence of the Nigerian president and French President Emmanuel Macron.

The statement noted that “the agreement is a significant indication of support by the French Government for the development of UBA’s full banking operations in France”.

Speaking at the signing ceremony, Elumelu said the partnership reinforces UBA’s commitment to providing seamless international banking services for its customers – “not just across the 11 Francophone African countries it serves, but throughout Africa; and French and European customers transacting with Africa”.

“Expanding into France is a natural progression, with Paris serving as our European Union hub, as we continue to bring Africa and the world together, through innovative financial solutions. Paris will join London, New York and Dubai, as a critical component of our unique global network,” he said.

UBA operates in 20 African countries and the United Kingdom (UK), the United States of America (USA), France, and the United Arab Emirates, providing retail, commercial and institutional banking services.

Raider76:
When the CEO of a bank buys shares of their bank, they are most likely looking long term. But even for short-term, there are some banks, such as FBN, that may have a good chance for capital appreciation after their RI.

chimex38:
yes.this!👍
Though seems they will commercialise it later on.

Fight go start surely but na better fight wey go benefit the masses.
Make BUA refinery come on stream in 1-2 year time to finish work.

Petrol==>₦500 or less🙏🙏

Sunrisepebble:
I managed to get around that level. It is becoming a very weird stock. The market price is now 517 but yet its still available at 470

mikeapollo:
The project lacks any modicum of transparency and accountability.
Anything worth doing is worth doing well.

emmanuelewumi:
I don't understand the rationale behind the Lagos Calabar coastal road, they can't finish the project in 8 years and tens of billions of Naira must have been spent.

FGN should open up infrastructural projects and developments to the private sector and Julius Berger should position themselves for this niche.

I just hope say the attack on Julius Berger is not an indirect attack on Adenuga as he is the majority shareholder

megawealth01:
The day Oando will enter #200 and above eh. Abuses go plenty for here

emmanuelewumi:
So many red flags

KarlTom:
Another one from ACCESS

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_-_SCB_Acquisition.pdf

megawealth01:
I like Wale's smoothness in speech during AGM. I look forward to it

mikeapollo:
I don't think the NAOC acquisition will play a huge role in Oando's results for Q3 2024. The deal was finalized towards the end of August, so September 2024 is the only full month that will reflect in Q3 2024.
Q4 2024 should provide a better view of the impact from NAOC acquisition.

robobo:
Which grievance am i sharing at the AGM. A management/board full of ivy league trained lawyers/accountants/ management experts does not know basic/rudimentary corporate governance practice. That would be an insult on their education.


Abeggiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii. Nextttttttttttttttttttttttttttttttttttttttttttt

Princkez:
but why didn't you sell then sir

robobo:
They are not dumb but a gun is being put to their head how much of intellect can be use in such a case

I opened my statement with lets call a spade a spade for a reason


n.b no matter how it goes i stand to make substantial gain by virtue of positioning but that doesnt mean we should not speak the truth. This is not a good corporate governance practice

Princkez:
meanwhile all offers @#62 was cleared at 2.30pm...we move

MadmaxX489:
The receivable is the power plant which Oando share of ownership has a carrying value of 193billion and they are due to receive a buyout in 2025, hence the timing for this resolution. It has nothing to do with NNPC.