₦airaland Forum

Mpeace:
Aradel, you think you are doing me? Others dey move up, you go dey move down.

LMAO....

zendi:
Then consciously or unconsciously, you operate the secret of the ancients to wit:

Early to bed and early to rise.
Makes one healthy, wealthy and wise.

Amen to all..

zendi:
You mean like in Oando?

No, peace is better, abeg. I don't want blood money.

I remain a staunch Oandite, but there are also many other places to hammer on the Ngx.

Right now I dey hammer wildly in Ellah, to even my own shock.
I was turned suddenly from Ellah badmouther to faithful by Chuka's aggressive Outreach.

By the way, what were you two doing in nsempa by that time of your posts?
Admiring your JIJO positions and projecting your loots?
To the denial of early morning sleep?

Where a man's treasure is, there his heart is also.
But make una dey sleep oo

Lol. I bin follow the War updates as well Oo. Only for me to see your post before trump even tweet am

As for the bolded, u no far from the truth. Early morning thinking for the day's activities na im sure pass before noises begin take over.

zendi:
And now the war is suddenly over, and crude oil is fast returning to it's sub-70 base.

https://www.cnbc.com/2025/06/23/iran-qatar-iraq-attacks-us-israel.html

Omo, you dey on this matter bumper to bumper
Pre-war-->war-->post-war

yMcy56:
So when are you doing giveaway?
You didn't address this 😊

The biggest give away anyone can do here is to genuinely recommend a stock way-way before it delivers.

He has done so many giveawayssssss...

moneymanager:
There is money in this country ……..

Better off giving it to moneymanager to handle

Streetinvestor2:
If cbn is not being fraudulent. After collecting the gains this banks made from revaluation they are talking all this rubbish. Why didn't they tell the banks to use the gains from forex to take care of this loan and others since they didn't allow shareholders benefit from it.
The man at cbn is just another mismatch for the job.He deserve to be sacked.

I agree... Why not use forex one off gain and clear half of not all of the exposure..

To even recall the forex forfeiture ti FG was moved from 30% to 70% by NASS is unfortunate..

I still blame the banks a bit, they could have voiced out in unison using this forbearance skeleton in their cupboard as a legitimate excuse to cut down the 70% windfall request before surrendering.

Streetinvestor2:
I don't agree that Zenith still has such exposure and are confident to clear max H1.
I trillion is not beans

@Sunrisepebble is perhaps right. It's been on the RENCAP news on nairametrics..
Someone even posted the link on this thread few days ago. About $910million in one nairametrics link and another $1.6bn in another.

https://nairametrics.com/2025/06/16/cbn-forbearance-new-rencap-report-names-banks-facing-dividend-suspension-till-2028/

ASI up 1.1% currently
Those Heavy Caps stocks or banks?

yMcy56:
With Otedola at the helm of affairs, FBNH will still do well....
Besides, FBNH is among the 4 banks that made Africa's most capitalized bank in new ranking recently....
* The target price for FBNH is 40 according to some analysts

https://www.legit.ng/business-economy/industry/1659954-access-zenith-bank-uba-bank-list-africas-capitalised-banks-ranking/

Quite impressive, despite not done with recapitalisation and the almost X2 devaluation of the Naira. Alongside UBA.

ojeysky:
People just dey bash ellahlakes anyhow, let it sha come down to sub 3 make I reload the 35% I earlier offloaded

Not bash, constructive criticisms..
It will hold where it will hold and fly when it will fly with no significant pull back if it's organic.
No "bashing" will bring it down then.

SonofElElyonRet:

Add extra dots
................................

SonofElElyonRet:
Thanks. Na seun dey show himself o
Just add extra dots if you get caught in his web

spaces + a dot .

GeneralDae:
But if we give Dangote our crude, it would still reduce our exports of crude especially when we give him in naira. Don’t forget that Dangote mostly imports WTI from the U.S which is a cheaper crude, so when you add logistics, the prices are almost the same or still even slightly cheaper than when he buys the expensive Bonny Light from NNPC or Chevron.

However, I think the major reason NNPC can’t supply Dangote as much as we would expect for now is the issue of the forward sales contracts which are estimated to be around 300k bpd currently. NNPC and the Federation together doesn’t have more than 750k bpd from the 1.45 million bpd we currently produce. This means they may only have around 450k bpd left to give Dangote and also export. Servicing Dangote alone requires 650k bpd.

Dangote can buy from IOC’s in Nigeria and the new indigenous players but I think the deal to buy some parts of the crude in naira is only possible with NNPC for now.

I get sha. Just musing at the Irony .

Picky1:
Meanwhile.....according to Nairametrics:

Crude Becomes Nigeria’s Third Largest Import as Local Refineries Seek Foreign Oil

https://nairametrics.com/2025/06/17/crude-becomes-nigerias-third-largest-import-as-local-refineries-seek-foreign-oil/

Reduced the import of refined crude and increased the import of crude itself.

Who do us this thing?

[quote author=KarlTom post=135785727]Dangote makes scale look like child’s play; Man just dropped $250 million on 4,000 CNG trucks like he was shopping for snacks. To put it in perspective, the combined fleet of Nigeria’s top seven downstream players doesn’t even come close. The guy’s playing chess, major moves.

@otunbadeltoro, X

BREAKING: Dangote’s 4,000 CNG trucks arrive in Nigeria as company plans 100 refueling stations pic.twitter.com/UBLeeNtlIH

— ireporteronline (@iReporteronline) June 17, 2025

black Man in the World.
1st in Africa
It gaz Show workings.
No be Paper Profit

.

megawealth01:
I was told just few hours ago that you are re a newbie? And now you are now an expert in predictions? 😳

moneymanager:
https://nairametrics.com/2025/06/16/cbn-forbearance-new-rencap-report-names-banks-facing-dividend-suspension-till-2028/.
Renaissance capital report

. .

tunapawizzy:
The senseless thing about war is that as the war is going on, the 2 leaders of Israel and Iran can still have a meeting and shake hands, they will not exchange punches, they will not even verbally abuse each other infact they may pose for photo together, but will still go back home to command soldiers to start killing each other

This..exactly .

yMcy56:
30? Ok o.
E be say you go reach CBN or see Cardoso make Dem help you trigger more panic sales. 😁
Nothing is impossible anyway.

Only a Cross Deal with Cardoso .

starpower:
like this point of view.
Aaàdghjgsfhfdhhgt yyrfhhyg yyyiygyygh yyycg

EDUECO:
You're very right.
...
...........
.........

leo1234:
Preserve your capital.
.
.
.
.
.
.
.................................

leo1234:
The patient dog 🐕
.
.
.
.
.
Eats the fattest bone 😋

olawaleatanda:
or maybe na emefele relative

Seun oooo

SonofElElyonRet:
Which language be dis? Seun don cause wahala

To beat 40characters,
Use spacebars then a fullstop at the end(.)

EDUECO:
The CBN Monkey Hunters have finally succeeded in getting premium banking stocks at a discount.

Real CBN Monkey Hunters . .

seunlayi:
Make I check .




E no work

Quote My previous comment and see how it's done..

Use spacebars to complete about 30-35 characters depending on your comment.
Then add fullstop(.) at the end.

KarlTom:
Ding .

Ding in Peace .

DiarisGodoo:
Have you no shame typing this?

............................

(This part of the post is just to complete the
40-character requirement)

Like this .

DiarisGodoo:
Have you no shame typing this?

............................

(This part of the post is just to complete the
40-character requirement)

Use spacebars and fullstop(.) at the end

DiarisGodoo:
Have you no shame typing this?

............................

(This part of the post is just to complete the
40-character requirement)

Use space bars and then full stop(.) at the end like below 👇👇

KarlTom:
•

👍 .

GeeKudi:
Good! .

👍 .

GeeKudi:
wait oo. How are you able to do this and beat the 40 characters rule?

Here .

chimex38:
Beat 40 characters?
"Spacebars & fullstop(.)"
for example👇👇👇

Mpeace:
The thing now is that those advantages bestowed by size, is lost. The big and small will now play on equal advantage.

If total sell 850, enjoy sell 850 and others sell at same price the name of the station becomes only cosmetic.


It's good for consumers. We can expect further lowering of prices of petroleum products(except that war in Iran will also lead to rise in prices of products)

Their MAJOR downside are not their downstream sector competitors, but other sectors of the economy..
Manufacturing/Telcos and other heavyduty PMS/Diesel dependants companies like MTN, betaglass, etc need not go to Total or Conoil to buy as 3rd party. They can now go directly to purchase from source-- DR.

The Major Marketers can still play the second card..not every station can afford offtake of 500,000litres at a stretch with bank credit guarantee..
They should have the advantage of having PMS all year round unlike others..

Mankind2024:
Early in the month of June 2025, I made a post on the allure of dividends. My opinion on the new directive that restricts the major banks from paying dividends by the CBN is tantamount to a dividend war, the sibling of a trade war. As a self-investor, I would not touch my holdings in the banks; rather, I would deploy opportunity funds and top up. I would advise fellow self-investors not to panic sell, as they may not successfully time the market. Time in the market beats timing the market. The banks have emerged stronger despite forfeiting their forex gains to the government of Nigeria. I believe the CBN has taken this no-dividend policy to fight inflation.

I am of the opinion CBN wants to also prevent round tripping..
Using PAT/ retained earnings as dividends.. Bank owners and their people with billion value of received dividend will now use it for this 2nd tranche of Capitalization.

Mpeace:
you are right. He was specific on overhauling the downstream sector. Wahala for Conoil, Totalenergies and others in the sector.

They can buy from him now..
He's offering free logistics.
He's also offering credit guarantee of 2weeks for about 500,000litres purchase.
These companies can afford it..
they are MAJOR MARKETERS.
They should patronise him and reduce their Cost of sales