₦airaland Forum

Una own no pass money. Some people's children are dying inside bush while a FirstLady/Her Son is in a convoy of 35 cars, money that should have been used for security, but una own no dey ever pass the 200% gain una make for Zenith bank on the NGX. See the kind of news we are used to hearing (reference 2024 paper I was thinking about recently )

ghm:
Same here. I still don't see any current candidate who can deliver something truly different.

This administration has performed better on macro‑economics than most past ones. Think of macro‑economics as the infrastructure; micro‑economics is built on that, and it's micro‑economics that actually improves people's lives sustainably.

So I'd rather stick with APC/Tinubu for another four years. Trust them to build on the macro‑economics and then focus on micro‑economics that benefit citizens widely – instead of another four years of trial and error with any of these other candidates.

Asangbekoko:
Poetic Justice

Apparently he came up against the Medicis (the richest and most powerful family in Europe, who I greatly admire) and lost relevance.All him theories no save am

Nothing concerns Machiavelli with peaceful society. His views on achieving your goals is to do it even at the detriment of other people

Streetinvestor2:
And what happens if your positive objectives turns to negative on many other people's lives. How do we balance that if we want that society to be peaceful

Oh I see, nice. This 600k was as at last early last year o when I joined NGx. I recall it was said by the NGX people themselves. 300k+ more in a few months is pretty great. Hopefully the country gets better and it ramps up. I would be happy to see 30milliom people and 1000 listed companies.

GeneralDae:
The data from BusinessDayNG clearly shows 937k retail accounts. Either they are wrong or the 600k data is outdated already Or (more likely) the 600k are the active accounts out of the 937k. I would check.

Edit: It seems the data is correct. 937k new accounts compared to 68k new accounts in 2023.

So total accounts could be over a million already but there were 937k new accounts. 600k new accounts gained due to bank recapitalisation only.

GeneralDae:
But politics aside, that growth from 68000 retail accounts to 927000 is astronomical. This means the market has become way way more liquid than in 2023. What is responsible for this? Could it be the inflation pushed young people to explore the market as a way of preserving and boosting capital?

where did you see 937k? I believe it’s around 600k active accounts. Over the last year or two, I believe Bamboo onboarded more than 120k (I saw it somewhere). By the time Dangote IPO is done, I believe another 200k will join just based on the hype.

Yes, for those who are still alive and not too poorto buy stocks

GeneralDae:
Insecurity is still not being tackled as expected by this Government and there are lot of things I don’t like about this Government as well.

Their NGX market record however is not bad.

Asangbekoko:
I heard somewhere that the company officially indicated that it's results would be delayed.

However, given Aradel's recent history, the market appears to be pricing in a strong Q1/Q2 2026 performance already. The bigger question may not be whether profits grow, but whether they grow enough to justify the stock's recent rally.

In March, they wrote a statement saying they’d drop it On or Before May29. Today is May 30.

If not today, they should have dropped update much earlier.

sterlingD:
About Aradel they like to follow everything to the letter.l am suspecting tomorrow or 31st of this month except if them follow drop update of shifting of result release date.

I was also confused because I never hear that style before. Aradel don't also seem interested in releasing their result today

Raider76:
Please is Oando the only company required to have their FS vetted by the FRC? Or are they just doing it to give some sense of regulatory approval to the results? Two weeks is certainly not enough time to vet the results of such a large company as Oando, especially going by the time the CBN takes to vet banks' results.

TIP https://doclib.ngxgroup.com/Financial_NewsDocs/47078_THE_INITIATES_PLC-CORPORATE_ACTION_ON_ACQUISITION_OF_SHARES_OF_THE_INITIATES_UGANDA__CORPORATE_ACTIONS_MAY_2026.pdf

Condolences to Oando bagholders. Don't fret, things are about to look up. Keep up the hopium so that your grandkids can finally realize 100% by 2060

Looool

Valthegreat:
While you are still expectant the market reactions are enough to clear your doubt of what to expect in the result. No be human being prepare the result or no be human being receive am for NGX? Those human beings no get relatives and friends? According to the market momentum this today Oando's result is not too good as usual, all we are waiting for now is to see how bad it is.

Omo, what kind of statement is this?

Asangbekoko:
Covid never existed in Nigeria.
I worked in Central Area Abuja, where we tested everyone that entered our 'national' office.
Also, from the statistics that were gathered from other national institutions that I new, the number was zero.
The stats that were available were only from the news.

Isn't the entire point of the Japaul Gold stock that you are placing a bet on their future gold production activities? If the coin news is real, then it's a fantastic way to remove money from those eager to be scammed. If you want to bet on gold, buy a Gold ETF. If you want to bet on Japaul the company, buy t heir stock on the NGX.

zendi:
I am not crypto literate myself but from the story, the digital gold is backed by the physical gold. Therefore a sign that JapaulGold is serious about Gold production.

Does anyone know why my cscs account transaction history stopped around February?

ogawisdom:
Yes Tranches, one before first closing, another during extension

Ah, and you got all already? I bought in three tranches, and only gotten the first one I did in November (with paper form that I had to scan). I haven’t gotten the remaining two I did online. Make them no play me wayo o

ogawisdom:
TIP PO Allotment safely landed in my portfolio with almost 200% paper gain .

Trading on TIP will be interesting for the rest of this week and next week, offers go choke

I heard tomorrow and next will be public holidays

Did you buy the PO in tranches or just once?

You just like conflict

Streetinvestor2:
Wait to hear from the audio dangota billionaire
How I bought volume at #30 when it hits 100 in q3 results. Why didn't u buy all this time it was begging at below #60.
Based on common sense target of q1 results. Sugar should not be below #70
Let them pay off thr debt let the cost of finance be integrated to profits and let see what q3 results will become
Audio dangota can buy everything on ngx as an investor. Talk of any stock and you hear balablu on the stock..lol

Na alhaji for allow this RI after q2 results

INTENEGINS inching up to 3.80 as PO goes on sale for 3.20

Just saw there is still selling pressure on ZICHIS.

Just bought more Aradel at 1702. E be like the result fit bad

Them don see result ?

Just 600k Nigerians are active in the market in total, I believe. It's sad because they are leaving a lot of wealth on the table. By the way, until around 2023, there were only about 300k active participants in the market. Na them Bamboo add like 300k in the last two years.

Streetinvestor2:
You never here the gist that the number of people participating on ngx no pass 2 million Nigerians.. .So ngx is never a yard stick to say Nigerians are leaving well

Circa 3000+ people showed up for Fidson rights issue. The NGX is such a tiny tiny market. smh.

That's why you should buy Seplat and Aradel so you can chop their money small

ogawisdom:
Your life in Nigeria costs more day by day. You just have to find ways to make more money to survive Tinubu's tenure 💰

I don add small Aradel (1750) and Presco (2125). Aradel to 5k by 2030

I didn't get full. I assume it's being alloted in batches

ogawisdom:
Those who have been credited with TIP PO, I hope you got full allotment to your stockbroker? Especially those that asked for 1m units and below.

I am still waiting

I say make I buy 5 TIP to average down

I think Seplat had more than a month of downtime on one of their pipelines o something, so the oil price increase (as well as their strengthening gas business) kind of cushioned and prevented what would have been a loss.

NSEstudent:
Has that war really impacted them since it started? Oil prices have skyrocketed a few times, yet most of the oil stocks on the NGX remained unaffected.

By the way, it seems like Trump won't be getting the Iranians to surrender their highly enriched uranium.

Oh ...it will definitely go below 30. I implied it most likely won't go below 19 you are waiting for because it was stuck there for months (that was when you should have bought because na there me sef buy)

Ginalex:
I no gloat o ... I just dey remind you wetin we talk then. But una bin dey talk say e fit reach 40 before them credit us with PO and it might not go below 30 after I insisted that that I'd wait for after PO to get it cheaper with massive selloffs

-4% down

alfajohn:
ARADEL over 4B value in one hour of trading. Some people privy to info on div and 1st q 2026. It is well

Why you dey gloat? This was expected after allotment.

Ginalex:
How far