₦airaland Forum

emmanuelewumi:
They are smart, they will start a gradual supply of the forex in their custody.

The most important thing is stability which we currently have.

Then a gradual appreciation of Naira, probably over a period of 2 to 4 years.

Payunsin:
My farm is in Ibadan in a year I sell over 2000 bags of litter. The buyers are mainly 99% from the north and this is the same way they buy From all my co farmers.
how can you believe a person that transport a trailer load of litter from Ibadan to the North is stupid.
Relax and learn opportunities remain in this country..
This litter you are talking about is a huge business, there is a place called Akindele in Ibadan, lots of people are making a living from it.

mikeapollo:
I saw it shortly before the last AG but I could not attend.
He has virtually dribbled the investors. Probably partly why the AGM was held online
The original clause was something like to distribute the shares and/or their monetary value to shareholders.
I guess he is now interpreting the monetary value as ''some of''.

My fear is that they may decide to allow the new, incoming investors (after the capital raise) to take part in the share redistribution, thereby diluting the ration of the pre-existing shareholders.

emmanuelewumi:
Initial plan was to list Dangote Refinery shares on London Stock Exchange, but now he thinks it make Investment sense to list on NGX.

Why?

Because he is betting on the fact that Naira is currently undervalued and N1000 to $1 is possible soon

ositadima1:
Ok, I think batteries are the biggest challenge. Apart from the vehicles themselves, you don’t really need much infrastructure, especially in countries like Nigeria that don’t already have extensive systems in place. Many homes today run entirely on solar power. Yes, it’s expensive, but that cost mostly comes from the batteries. Imagine if batteries became dirt cheap, I’d bet that more than half of Nigeria would be powered by solar energy.

Currently, most EVs run about 300 to 400 miles on a single charge. With cheap and fast-charging batteries, your only limitation would be the number of solar panels you can connect. By my calculation, one full day of solar charging could give you over a week of city commuting. If you charge intermittently, you could practically drive for free. I’ve read about battery swap systems, like how we used to exchange gas cylinders, so you could travel from town A to B, swap your battery, and continue your journey.

Businesses that charge batteries with solar will spring up everywhere, trust our entrepreneurial spirit. I’m telling you, the only real issue is the cost and capacity of these batteries, and once those improve, we’re good to go.

Regarding Dangote Refinery, nobody sees it all, not even me or you. Technological shifts often happen suddenly and unpredictably. A few years ago, no one could have predicted AI would advance this far this fast. I’m not arguing to win; I’m just saying it’s very likely that when the technology breaks out, developing countries might actually be the ones to adopt it fastest. It all comes down to economics, people will always choose the cheaper alternative over patriotism or sentiment.

Itzlinda:
You’re right that change is constant, but transition speed varies depending on infrastructure and global equity.

Unlike phone or AI that transition happen very fast, switching to EV cars require huge physical investment in infrastructure--power grids, roads raw material etc.

So if developed countries have such resources in abundance, developing countries are far behind and don't have capital to support EV infrastructure overnight. Nigeria is still producing less than 5000MW with incessant national grid collapse.
I don't think Petroleum cars will die. But the usage will shrink in developed countries while it lingers in developing countries for a very long time.

Alhaji would not have built 25bn refinery with that existential threat.

mikeapollo:
Very true and apt.
But I dont see anything replacing aviation fuel in our lifetime.
Aircraft using batteries? Mbano! I no go board such plane lailai !

ositadima1:
No, I don’t think so. Lithium isn’t the only viable substance for making batteries. We have sodium in abundance, and scientists are working to use it as a replacement for lithium, they’re not there yet, but they’re close. There are also other elements and technologies being developed that could serve the same purpose.

I don’t know how old you are, but let me give you a few historical examples. Kodak, in the 1980s and early 1990s, was what Samsung or Apple is today, a market leader in photography, especially in film. When digital photography was being researched and tested, Kodak dismissed it, believing it would never work. They ignored diversification and failed to invest in the new technology. Eventually, the Kodak empire was destroyed by digital cameras and the rise of digital images.

There are many other examples like that, Blockbuster vs. Netflix, Nokia/BlackBerry vs. Android. Even the small devices we hold in our hands today, which we call phones, were once unimaginable. Computers in the 1970s were so large that only institutions could afford them. Today, each of us carries a mobile computer. Change is constant.

Agbalowomeri:
At current price and with CBN's hawkish pose, how many of the banks will pay 10% dividend yield?

emmasoft:
With the way inflation numbers are going, expect lower rates everywhere across all fixed income-related investment windows, but DON'T STOP INVESTING, you can only change strategy, don't stop if you still want to win in this investment game

Raider76:
They are used to paying high taxes in their countries

megawealth01:
UBA analysis seems to be topping today's discussion from what I've read so far from intelligent contributors here

If you no chop good dividend abeg manage price appreciation. UBA moved from sub 6 to its current price. Tony na man you be joor

ositadima1:
Zenith paid ₦1 last year, so that’s about a 25% increase. It should slowly push past ₦70, and possibly ₦100 (which is my fair value).

emmanuelewumi:
Dangote sells to West African countries at N56 discount?

Is that part of the deal to add additional N56 to what local consumers will pay

And this N56 will be shared among some stakeholders.


Just musing

zendi:
Keep your eyes prayerfully on crude oil.

Brent should absolutely not drop below $60, because Nigeria's cost of production is said to be above $40.

mikeapollo:
Oando will surely pay for our patience.. It is a must

chimex38:
your food don Land

BabsO2:
16Apr2025 = 60Kobo
19Aug2025 = 40Kobo

Streetinvestor2:
How did uarrive at #1.
I thought the interim dividend is 40kobo

SonofElElyonRet:
click on the earlier posted link
Meanwhile, can't find that my post on the thread anymore..

SonofElElyonRet:
"Mordi stated that Ellah Lakes remained committed to sustainable value creation for shareholders, stressing that once the company became cash flow positive, its top priority would be the distribution of dividends"
@EDUECO and other Anti Ellah "ECHOES"

EDUECO:
It should be 7 to 10 years if the management is honest.

KarlTom:
A NEW DAWN

chimex38:
I will personally report your moniker to Wale
You no go receive tranche 2..😂😂

emmanuelewumi:
If you invest in solid dividend growth companies, the dividend grows faster than inflation and rent increase

1 million units of Nahco paid a dividend of N2.9 , million last year, same 1 million unit paid a dividend of over N5 million this year

EDUECO:
I call Dividend Stock Investment the 'Invincible Real Estate' !

emmanuelewumi:
I am still buying Presco, Nahco, Zenith, Aradel, GTCO and Okomu


This month of August these wonderful stocks and bonds, will give me a modest dividend and coupons of almost N6 million

emmanuelewumi:
It was an integrated energy firm when the public offer was marketed 20 year ago

Also spent over $1 billion for the purchase of ConocoPhillips asset about 13 years ago, we thought that would be the game changer.

That does not mean things won't change in the future, afterall the motto of the company is " Oando- the future".