₦airaland Forum

GeeKudi:
There are existing contracts that must be honoured. I suspect that they are able to give more to Dangote now because production has improved.

GeneralDae:
Nigeria doubled its crude supply to Dangote Refinery in March.
NNPC: 5 cargoes/month → 10 cargoes/month
Aliko Dangote personally confirmed this information today.

What the refinery is doing with it:
🛢️ Now supplying 60% of Nigeria's refined petroleum products.
⛽ Covering ~90% of Nigeria's petrol needs
📦 Exports to Africa: 214,000 bpd (up from 100,000 in February)
🌍 Tanzania: received its first-ever Dangote cargo in March

The catch that remains:
The refinery needs 13–15 shipments per month to run at full capacity.
At 10 cargoes, it's still operating below optimum.

Domestic fuel prices in Nigeria: still at record highs.

Africa's largest refinery is filling a gap the Gulf can no longer fill.
But it can't fill it fast enough — not yet.

Data Explained

megawealth01:
OTEDOLA rarely pays good dividends.He is good at price appreciation

Mills55:
First Bank should be kind enough to pay good dividend this period. We have been patient with them over the years.

megawealth01:
The Dangflour nko?

megawealth01:
Trust no one not even DANGOTE

Joyful365:
The stock market is sustained by a people with high purchasing power, else everything is a gamble in a bubble.

Purchasing power of the average Nigerian consumer is being decimated now because there's no more subsidy and fuel prices is going through the roof.

Q2 results will reflect this if nomalcy doesn't return soon.

In all of this, I'll bet on the banking sector to remain resilient through this period. Most of everything else is overpriced. It's time for them to drop 50-70% so people can sort through the rubbish and pick up valuable ones

nosa2:
Ah, so they may be taking equity positions in mining operations. That makes more sense

nosa2:
If you think about it you know this doesn't make any sense right. Loans are given out based on ability to repay rather than Sector

chimex38:
As Nigerians we know where we're coming from..
Prior to DR, some of those imports don't make it to the populace.

They are either still Smuggled out outside the country to Niger and Benin Republic for Arbitridge or hoarded for scarcity and further inflation of retail price.

zendi:
It will reverse up. Crude oil is the most fickle commodity traded.

Both sides are preparing for a showdown in the Strait of Hormuz.

Each side believes they will win. But tanker captains may not want their lives to be used for that live-fire football.

dd fst b4 u Ji

megawealth01:
I sensed something political was going to happen in a positive way...

Bagwa:
Both 😃 KM 150

Sunrisepebble:
I was looking to buy more Oando on Monday at N40 for JIJO before this Iran news. Doubt I will see it at that price tomorrow

Hajicairo:
YES I did went through the purchase/sales notes, portfolio summary/balance from day of purchase to the day of the missing shares. I can also confirm that no cash transaction was made into my bank account as at today.

Hajicairo:
I strongly belief that was what happened. This was evidenced by the transaction history sent to me by CSCS.

emmanuelewumi:
Chill till the end of 3rd quarter na

yMcy56:
I was waiting for those bashing Ellah to come and announce it's reversal here.....but no single post on it yet...
Una try.....🤔
All offers @9.40 (-10%) cleared long before now....
Presently finds bearing and trading @N10..
With bids now available .....alongside offers

* We go all dey alright las las.

EDUECO:
Heavy supply of ACCESSCORP stocks by market maker at their acceptable price range.

EDUECO:
I'm quite sure ACCESSCORP's management is supressing the price movement so that the dividend yield would seem big and/or they are still buying.

nosa2:
I plan to buy a lot of Ellah lakes but not yet. Dust needs to settle on the stock and reality needs to set in for the general market.

It will take a long time for the company to become profitable so I am very very patient

mikeapollo:
This could be a huge opportunity for young investors who have some solid patient funds.
Just buy Ellah at its lowest price POSSIBLE (e.g. N0.5 - N1) then wait for the company to turn around in a couple of years.

emmanuelewumi:
Be greedy when others are fearful.

talk2me2:
Zichis on suspension

TargetT:
WHAT WILL THE ALLSHARE INDEX DO TODAY

crownprince2017:
Before the sales, how much does transcorp pay as dividend n how much do they pay after sales.

Ok, since dividend is not the goal, how has it impacted transcorp share price after sales. May be tomorrow ooo but today nothing show just like groundnuts locked up inside bottles, chicken can never taste it.

I will like to know how the minority shareholder have benefitted from that decision.

crownprince2017:
I wanted to ask him, how many units of transcorp do you have since you believed ngx investors reward dividend paying companies n you believed otherwise.

You work for the growth the majority owner will later corner, case study tony removing power from transcorp group did it benefits the shareholders of transcorp.

This place na naija, no be oyinbo land oooo where there is working rules.

NSEstudent:
Less than 10NGN? That's wild.