₦airaland Forum

awesomeJ:
My point is not on what the exact figures are.
It's on the growth being a paltry 10% when all the constituent goods and services have had perhaps 150%+ increase.

For simplicity.

Take the GDP in 2022 to 2024 to be like this:

2022. ... ....... 2024
Agriculture. 60trn. 120trn
Telecoms. 10trn. ..... 15trn
Industrial goods. 10trn. 20trn
Manufacturing. 10trn. 20trn
Oil and gas. 20 trn 60trn
Services. 70trn. 100trn
Total 180 335trn


From cement to tiles to malt to noodles and from the top line of companies' results the estimate are conservative.


Why is the growth not closer to 80%+?

That's my point.

emmyileri:
I see how you are trying to justify yourself to the worship of lifeless statue. The Bible say children should honour, obey and submit to their parents. If you prostrate to your parents in greetings which is honoring them, is it the same as worshipping them as gods?

SonofElElyonRet:
https://www.lindaikejisblog.com/2025/1/drunk-zambian-policeman-frees-13-prisoners-to-celebrate-new-year.html

emmyileri:
Whoever bows down to image is not serving Christ

Arostar2023:
You are deflecting...most core truths are simple and seemly childish. You don't need to know Greek and Latin to know certain things. Simply reading the Bible will give you the answers.

There was no time in the Bible that the early church was called "Roman Catholic". Instead there was a church in Rome, that was under the leadership of the apostles in Jerusalem.

gasparpisciotta:
Catholicism is the headquarters of idolatry in the world.

Visit the Vatican before arguments please.

They worship and bow down to all sorts of statues in the name of Saints.

faoogoke:
It seems they want to bring NNPC to the market this year hence they are tidying things.

Toluway:
These insurance stocks don begin scare me o! Wetin dey happen?
Loco is phenomenal, he saw it long ago!
Though na tasere money I get in them.

megawealth01:
One thing I learnt from AGBA in 2024 is "never reveal any stock" just give a clue in a sector and move on as if nothing happened... @Agba was coded telling people to position in insurance stocks sometimes ago those who got the message got the message

ositadima1:
Do you want to play it super safe, or are you willing to allocate a portion of your money to a very safe bet? The banking sector might be the way to go, leveraging the power of an index. Yes, something similar to the index funds you often hear about. You don’t need any special skills—just trust in Nigeria.

Here’s why: consider banking stocks ['FCMB', 'STANBIC', 'ACCESSCORP', 'FBNH', 'NPFMCRFBK', 'UNITYBNK', 'JAIZBANK', 'WEMABANK', 'ETI', 'FIDELITYBK', 'UBA', 'ZENITHBANK', 'GTCO']. If you had invested equal amounts in January and rebalanced in December to take profits, your returns (excluding dividends) would look like this:

2020: 66.5%

2021: -1.2%

2022: 41.2%

2023: 100.1%

2024: 26.5%


This performance is based purely on price appreciation. 2025 might not be any different. Simply give equal weight to these stocks, ignore market fluctuations throughout the year, and check back on December 27 to collect your profits. That’s it—a straightforward, no-fuss strategy.

Omooloriredade:
I believe Train 7 is still under construction and may remain so for the next two years. I don't see it being commissioned earlier than H2 2027 or 2028 in my opinion. You know how projects drag on forever sometimes

chimex38:
The wealthy who can afford it leave.
It's not cuz of the foreign paparazzi.
It's standard of living.
There will be a stage you reach in wealth, you realise that it can't buy everything..

Equipped and Accessible hospital, Pharmacy without fake drug.

Good road network for your cars wherever you drive.

Professional mechanic with peace of mind.

Good fuel for ur vehicle without knocking your engine.

24/7 light without noise pollution of generator wherever you go not just in your house (Solar isn't usually 24/7 guaranteed)

Clean and available water that is regularly checked and maintained wherever you go.
(How many wealthy people constantly clean their tank or change the filter in Nigeria.)

Fast and strong Network for video calls and high end connectivity.?

Security of neighborhood and efficient emergency services like 911?
No unnecessarily bodyguards who sometimes invade your privacy, due to the nature of their work and they could be a security risk themselves.

Even clean air for breathing, due to clean environment and non-clogged gutters and clean surrounding environment isn't guaranteed in Nigeria.

How many of the above can a wealthy man constantly provide for himself & family and also maintain throughout his life time.. He also has relations he interacts with and friends and he will also not be 24/7 staying indoors in his all-having house every day throughout the year. He will visit friends, village, probably choose to live in other cities or areas; does he carry the house wherever he goes or he simply replicates all expenses again in his new place? Even if he could How sustainable?
Even if sustainable?
How many can or are doing it in Nigeria?
Even if there are substantial people satisfying the above, is it a life worth the struggle?
Is it worth living?

franvincoop:
The bolded is true.

For your mind now, Omotola na rich person.
Those yeyebrities like Mr. Patrick na rich pple abi?
You can not become rich by earning salary.
Those rich men you know were not rich, the person who was rich was the one paying them that salary.
No rich man wey get factory wey dey manufacture anything for dis Naija go leave am, go wipe nyash or shove snow.

It's easier for a Nigerian to make a million dollars in Nigeria than in the USA.

Japa if you wish, na your choice.

Panadee:
Happy new year to you all!
May 2025 bring us good success on the NGX and in life in general.

unite4real:
I cannot recall mentioning that one downstream will outperform 3 uostreams.

I was talking about share price performance pls

Even if we are to look at their EPS, I think one on one, TOTAL is doing better than any of them. I stand to be corrected

unite4real:
I think TOTAL ENERGIES is positioned to outperform them

emmanuelewumi:
About N13 billion worth of Aradel shares traded today, Aradel should be the most liquid stock on NGX

megawealth01:
Really? Is Total downstream different company from the upstream?

Streetinvestor2:
Wale you get strong mind oh.I for no believe you no go do bonanza for shareholders this yr after you and staff go flex una own with all those artist.

You no try for shareholders. You too dey selfish. I no care if I dey the stock. I must say my mind

elpaso007:
Oh! How much do i regret this decision on Sunu now

megawealth01:
I'll inform AIG

Raider76:
“I must congratulate our team for their determination and extreme belief that this company can restart this plant.

“This has brought the result we are seeing in collaboration with our contractors. We have proved that it is possible to restart S PLANT THAT YOU DELIBERATELY SHUT DOWN. We have proved this.

Curiosity Kyari is quoted as saying somebody deliberately shutdown the Warri Refinery. So he should be able to tell Nigerians who shut it down, and why it was not restarted all the time he has been in charge until now.

Make i help am:
Before na NNPC shut am down.
Now na NNPCL restart am

megawealth01:
125,000 Barrels Per Day Warri Refinery Goes Live

https://www.channelstv.com/2024/12/30/125000b-d-warri-refinery-goes-live/

ALHAJI things 😂

Streetinvestor2:
If na so money dey by spreading like wild fire.why is it not showing in ETI bank.Na so that one never declare dividend for two yrs now
Now from all this buying moneys for private university take show.This new chairman need his own loud private business. It fit be private refinery..lol

Streetinvestor2:
Yeye access bank using all this buying to be stealing .To make it difficult to track by internal regulator.The day e go bust e go loud.The write off from shareholders fund go loud. None performing loan stealing which use to be the old pattern go be childs play

megawealth01:
That's how MEGA money roll. I'm enjoying MY SWEET ACCESS 😘

Raider76:
Access Bank Set to Enter Moroccan Market Amid African Expansion

https://www.moroccoworldnews.com/2024/12/367270/access-bank-set-to-enter-moroccan-market-amid-african-expansion