₦airaland Forum

It's allowed

KarlTom:
Let me hawk in peace naa ...

megawealth01:
I mint monies for that ELLAH sha 😂

Una get mind sha..
Those who bin play the jijo well go mint wella..
Buh the risk and HBP no be here.

"Wickedness" is that you?

megawealth01:
All aradel need to sell even below 250 naira is for Wale to become their boss

Lol. The quietness is becoming deafning
Guy man no wan dragging again.

megawealth01:
Chuka no longer brings out lamba to help ELLAH hustles 😂

..Nosa Oooo

KarlTom:
Have you bought some ARADEL today?

mikeapollo:
Is Dangote refinery (midstream) not planning to list abroad in future?

Unless we Nigerians want to mortgage our country to a few money-bags. We know Nigeria usually copies good ideas and implements them wrongly.
The article itself says the Gulf states (who Nigeria is trying to copy) do not list their oil-producing (upstream) divisions.

Maybe Nigeria wants to do something different. You never know with a govt that wants to pander to wishes and fantasy of the Bretton Woods institutions and the West.

I don't subscribe NNPC listing upstream sector abroad, but I do subscribe listing upstream on Ngx. Just like Total Energies is doing here.

But u know our countri people abi African mentality, whenever we go abroad, we have a likely hood of showcasing
(list our best asset--->upstream) our best version whether ee favour us or not

mikeapollo:
The bolded is what I have been saying all this while:

Those thinking or expecting that NNPC would list its oil-producing (upstream) operations should think twice before they become disappointed.
The NNPC would only list the downstream and midstream e.g. filling station, refinery operations etc. but the upstream will not because that is what generates major revenue to finance the national budget

So na just mid or downstream dem wan also list for NYSE and LSE later on?.

I don't think so.

megawealth01:
Is it sign of good times?

No substantial increment in the groups revenue growth.

The key news is that Cavertion Marine is substantially expanding and adding value to the Caverton group from a previously negligible value contribution.

Presently, it's adding about one-third of group revenue.

Carveton.
https://leadership.ng/caverton-marines-push-lifts-cosg-revenue-to-n20-74bn-in-nine-months/

SonofElElyonRet:
NNPC retaining just 10% equity in our refineries is ridiculous

Whats the advantage of owning sth that isn't functional, nothing detrimental to our energy security and thus, nothing ridiculous to me.

Since we have contracted deals where we probably retained 50%,60%,70%,etc..
The minority owners failed to kick start the refineries to full capacity. Wetin we gain?

So if 10% NNPC ownership and 90% to private equity will ginger them to successfully turn around these moribund refineries to commercial usage, the better.

10% is probably the least equity position and most likely to be effected, to make it attractive for foreign partnership. It could also potentially be more as per the report.

Praxtech:
Try to be concise going forward

You for thank am first na for freely sharing.
Shooooo?

faoogoke:
No interim dividend for Accesscorp. Ba wahala

🎶 🎶
"dreaming dreams and hoping that it comes through" 🎶

Everyday people, that's you, that's me. 🎶

KarlTom:
ELLAH Q3 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/48344_ELLAH_LAKES_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_NOVEMBER_2026.pdf

Revenue increase Y-Y
but Cost of sales=over 45% increase.
Revenue Drop drastically
-Q-Q

Warris goin on?

Mankind2024:
ARADEL is effectively working for Shell Petroleum Development Company, OANDO appears to be working for the banks, while SEPLAT seems to be working for the Nigeria Revenue Service (NRS).

Hmmmm... serious matter

PETERiCHY:
By this TIME next YEAR
OANDO wil be in a LEAGUE of its OWN.

BARGAIN HUNTERS TAKE NOTE!

Not this year again

OandO OoooooooOoooooooo

Roseey0:
Aradel....

Over ₦1Trillion, 300billion Naira!!!

meanwhile... Opay
https://leadership.ng/opay-halts-nyse-offering-over-regulatory-inquiry-says-nigerian-operations-unaffected/

faoogoke:
The most hated man on NGX right now is Wale.
I know people here that if Wale cross their path...he will collect

Hope dem never on-code, use all the oil-barrel dollars money enter election via city-boy movement.

No wonder somebori here bin dey ask for Cardoso house/office address.
Be like bottle for burst

Geregu wey dey first release quarterly result
back-to-back-to-back don turn last..?
management effect is key to business.

Lol.. abi, na to kukuma add the bushmeat returns to "other comprehensive income" to improve PAT

Streetinvestor2:
Yes sha because of excessive rain but it should not be reason for almost flat revenue growth against last year figure. The palm fruits don't really bear fruits during that season. They should have hunted all the bush meat in that farm to increase revenue..lo

faoogoke:
ACCESSCORP IS NO LONGER ON THE NGXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Lol... Maybe it's active on LSE or JSE

faoogoke:
The issue is no H1 result. No N1 interim dividend announcement and no 3q report.

Lol...MAYBE it has disclosed all these on the LSE or JSE, who knows?
---------------------------
sorry though, I feel your pain

Streetinvestor2:
Oga I disagree. They no try too.
They raised cash separately for those things u mentioned. The only consolation is OS increased slightly. The major problem is why was Revenue flat.

Shey I hear Q3 isn't usually the best Quarter for palm oil Agric companies?

..heaven is far from you

Agbalowomeri:
Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

elengine:
Is this why someone bought UBA for 43 naira this afternoon when them dey sell am for 40.7😀😀😀. Personally I dey suspect Oga toni. E be like say he want dey exit all other businesses for Heirs holding. He doesnt take UBA serious anymore and na so so related party loan we dey see and the corresponding entries dey go Seplat😀😀😀

Most top billionaires have a share-stake or strong influence with banks.

Banks are the hub and gateway of liquidating assets especially SEAMLESSLY or ease difficult situations.

They don't joke with it.
Worse case is to leave one bank to get hold of another bank.

Dangote-influence on FUGAZ,(especially access) major stake in Jaiz.

Adenuga---Sterling

Abdul Rabiu---BOI influence

Elumelu---UBA

OTE$---FBN

JIM OVIA---Zenith.

etc

Even Elon Musk go get influential ones that responds to him with speed of light; bypassing all protocols

MEGAWEALTH02:
Alhaji wey no want the IPO to end

azzin..
Be like the "business guy-man" wan milk and squeeze the unprecedented hype into im other businesses.
Nothing do am.. It's allowed

awesomeJ:
I mentioned this yesterday. It's the RC investments holdings. They crossed the first tranche yesterday. Part of why the stock lost steam.

Hmm...

KarlTom:
What's going on with FIRSTHOLDCO

Hmmm...
@awesomeJ hinted a possible trade transaction around ₦75 few days ago.

Weird

Sunrisepebble:
I don’t understand

Lol.. Be like the guy need Cardoso Phone number, home and office address so he can go and vent the delay physically

Ameboperoo:
Thank you. I thought as much. How do I go about this now?

I have no idea...
Maybe approach SEC directly via mail for guideline

More details
https://sharessaver.com/blog/unclaimed-funds-trust-fund-nigeria

Ameboperoo:
I just set up edividend mandate for shares I bought decades ago. I recently received the unclaimed dividends for transcorp and custodian for 2020 to date. But what happens to the ones before 2020? Please help a brother.

"The import of the provisions of Section 60 of the Finance Act 2020 (December 31, 2020), is that, where dividends declared by a public company quoted on the Nigerian Exchange Limited remained unclaimed for a period of six years or more, such dividends are expected to be transferred to the Unclaimed Funds Trust Fund (UFTF) to be held in trust and managed pending when the shareholder presents a claim for such unclaimed dividends."

For more info:
https://sec.gov.ng/for-investors/keep-track-of-circulars/circular-to-paying-companies-capital-market-stakeholders-and-the-general-public-on-the-treatment-of-unclaimed-dividends-of-public-companies/
.

UNCLAIMED FUNDS

https://leadership.ng/investors-can-now-report-unclaimed-funds-directly-to-sec/