₦airaland Forum

KarlTom:
ARADEL. ±
CONOIL. +9.95%
ETERNA. +9.56%
OandO. -7.59%
SEPLAT. ±

deathwing:
I've never seen this kind of attachment to a sideways stock before. Abeg sell your Oando so you can have peace of mind, because I don't understand all this hopium and copium that is displayed here everyday.

Hopium and Copium

mikeapollo:
Vessels sunk by US or by Iran?

gigabyte13:
Can you imagine
Terrorist apologist in high places
But wait ooooooo
Apart from the straits of homuz and arming terrorist organizations around the middle East and the world at large
What exactly is the benefit of lran to the world in term of humanitarian care.....?!

KarlTom:
PUMP PRICE HIKE ⛽

David Bird, managing director (MD) of the Dangote Refinery, says the refinery incurs costs from 47 government agencies , adding some form of fees to the final pump price of petrol in the country.

Speaking during the a press conference in Lagos on Monday, Bird said the Federal Government of Nigeria still treats the refinery as the customer of last resort, suggesting that the best crude oil grades are sold to interantional buyers...

SonofElElyonRet:
@PETERiCHY
Dem suppose dey call me prophet SonofElElyon

KarlTom:
ARADEL. +3.05%
CONOIL. +10.00%
ETERNA. +9.92%
OandO. +9.96%
SEPLAT. ±

ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

jckgroup1:
I have read views and opinions but we all agree that DangRefine is a business and it's all about making money and not to serve/benefit the masses primarily.

I still stand with my view that we need two or more mega refineries, as monopoly has never served/benefitted the masses.

I appreciate the huge contribution of DangRefine to the nation but we need more refineries and even Impoorrters. Free market economy and resultant cheaper alternatives than monopoly. Hence, it may seem that I don't appreciate DangRefine but I don't celebrate monopoly either.

Absolute power corrupts absolutely

mikeapollo:
There is no regulation or law that says nobody should build a refinery. So DangRefine is not a monopoly in the real sense.
Anybody that can take risk with his/her $5b; $10b; $15b; etc. to build a refinery (inside NUPEG and PENGASSAN wahala) is also welcome.

Many people have failed to build, and when one person struggles to build something, we start calling him a monopoly! How ironic

Agbalowomeri:
But you can't blame Dangote Refinery for monopoly
Some other refineries are in the pipeline
Until then, make Dangote dey chop him money. There should be a massive reward for "chesting" an uncommon risk

ghm:
I know. It was a response to someone who said talked about swaping.

KarlTom:
PREMIER PAINTS holders/MM have woken up?
I used to think they don't need capital appreciation...

ghm:
Crude poil is booked 3-6 months ahead. It is not that simple/easy to adjust if any unwanted situation arises like the one we see right now.

ojesymsym:
Europe will be like "Who send Trump and Israel this kind war now". If this war persist and and oil prices continue to rise, God help any of them that has an election this year, the electorate will just pour out their frustration on them for something that they did not cause.

Human nature is really very fickle and emotional.

ghm:
Yes. Most of the IOCs also have refineries. There was a time that one of them have 30 refineries (before divesting some of them). They won't ground their own interests because their host countries now have a functioning refineries.

naptu2:
In 1999 many people (including Professor Wole Soyinka) said that Nigeria did not need a military. They said that nobody was coming to attack us and that the military only stage coups. I was alarmed.

Today, without our military, Boko Haram would have been in control of Lagos, Port-Harcourt, Abuja, Enugu and other cities.

GeeKudi:
This current energy crisis is a reality check on the global economy and the 'futile' drive to move away from fossil fuel. We are still largely dependent and will continue to depend on petrol for an indeterminable future.

jckgroup1:
Question for you.

What happened to Naira for crude deal? What happened to locally sourced crude or does it come through the straight of Hormuz?

What happened to crude stock? What happened to refined stock? And Reserve if any? Has Nigerians consumed all?

Three or more Dangotes and Nigerians will be alright. Monopoly has never served or benefited the masses.

ositadima1:
This is why not every post is worth indulging. Is Dangote Refinery not a business? Or is Nigerian crude being sold below the market price? It is reasonable that if you buy at a high price, you will also sell at a high price, unless there is evidence that Nigeria is still selling crude at around $60.

The only thing we need Dangote Refinery to do is keep producing and prevent scarcity, as long as we are supplying it with crude.

jckgroup1:
Monopoly.
Dangote no more a saviour of Nigerians and the best thing to happen to our economy. Dangote now a business man

Sunrisepebble:
Key highlights from Lafarge Africa confernce call

* Planned CAPEX spend for the 4.5mtpa extension of current facilities to cost $250 million
* Planned timeline for completion is 12 months, to be commissioned by December 2026
* To be financed by internal cash flows
* Also, basically confirmed that planned expansion will not affect their drive for returning value to shareholders (Dividends)
* Hinted at possibly more expansion after this current one. State that Huaxin views Nigeria as one of its most important markets outside China and is committed to the long-term. Also hinted that export is an avenue they could explore after expansion
* The expansion will not affect their debottlenecking initiatives, at least in the meantime, as they work towards unlocking more value at current capacity. State capacity utilisation rate at 66%
* Cost optimisation and sustainability initiatives are gaining traction and are already helping the company. Alternative fuel substitution rate at 15%, 500 CNG trucks commissioned. Partnered with LAWMA to convert solid waste to alternative energy at some of their current plants. Although key material inputs, such as gypsum and spare parts, which are imported, remain elevated and face potential supply disruption, their own cost optimisation initiatives will be key to maintaining strong margins amid stable prices
* Innovative product offerings were key to volume accretion. Ecocrete and EcoPlanet cement, which use less carbon in production and were introduced in the past year, accounted for 27% of total sales.

RealityKings1:
I'll like to live till 87 at least

Hussein035:
Some people just hate their country for no reason

May father is 78 years
My grandma is 100+

Nigeria

zendi:
And why celebrate women for only 1 day out of 365/6 ?

This is not an argument for gender equality.

Men are clearly superior to women in physical, violent, endurance and leadership roles.
You need to see children being raised without a father.
But to single out just 1 day of 365 and say it's for women looks unfair insulting and dehumanizing to me.

Better we just celebrate life and entire humanity every day.

I reject for the women in my life the Women's Day whether you call it International or National.

Go to Church.

Mpeace:
lol. Which one be Murban. Hope na the one wey Aradel dey sell.

gabscity:
Why you no talk this thing since