₦airaland Forum

Streetinvestor2:
You are right. I called a friend in Kebbi who said is new product smuggled from Niger Republic to Nigeria...Mango cement

Is it cheaper? If not, why bother?

londonerr:
I mean price per unit ... I think 20 naira per unit

$0.35 per unit

Streetinvestor2:
I get it now.I thought he wanted to raise just 5 billion dollars in both pp and ipo
So let him take the 5 billion straight up.Abi he has shifted the money he want to raise to 10 billion dollars or more

If he takes it straight up, how will he hold naija govt neck when needed? Who will privately value the company at ridiculous amounts until he becomes the richest man on two continents? It has to be public. The people on the streets and online have to be part of the company so they can feel part of the success story

Streetinvestor2:
What does the 3.7 represent
Is it 3.7 billion or 3.7 %
I don't understand the initial French
It was over subscribed by 3.7 billion or 3.7 %

3.7x or 370%. I assume it is just marketing talk to show interest. The subcription doesn’t mean they actually accepted the offers.

Someone finally bit the bullet on Presco after months of stagnancy.

60% margins on something as ubiquitous as cement is pure predatory pricing power. Buy the stock sha so you can follow chop but that kind of profit should be borderline illegal

elengine:
The way Bua Cement is optimising their direct cost is amazing. See gross profit marging close to 60%. It is crazy for a manufacturing company in Nigeria. Another reason I prefer a nigeria HQ company than those foreign HQ that will have stolen part of the margin through transfer pricing

Instead of Access holders to sell and buy MTN or WAPCO

pluto09:
Which prayer again.
Time is of essence here.
Even if access should double its price in the future,the time lost when the price was stagnant can't be recovered.

NSEstudent:
Sometimes what we do to reinforce our political leanings is unbelievable

About N1 billion in fees to NGX and CSCS

megawealth01:
Femi Otedola spent over N77.5 billion to purchase 706,131,179 units of First Holdco today, July 22

CHAI

KarlTom:
FOte$

Palm oil price?

crownprince2017:
Congratulations madam, the baby is blessed, this baby Sha be referred to as our dear nsepa baby.

Meanwhile,the oil wey no dey make noise don start that movement locally, oga nosa, why is your importation claims not suppressing the price.

Its now between 45-50..its increased by 10k in just one week.


Based on what I know, we are just scratching ooooo, he never start.

Streetinvestor2:
They declared #42 to be paid next month on the 6th

This stock has been stuck for months, it seems.

Wha happened in the last minutes?

Didn't they say the expansion would be commissioned in Q1 2027? Who is expecting it to reflect this year?

elengine:
😀😀😀 Alhaji Bua will surprise us this week with special dividend. Although their result is going to be fantastic and even better than people imagine.

Wapco will pay Interim dividend as announced but the impact of their expansion is not going to reflect in their FS until Q3. A lot of their shareholders will be disappointed

No mind Nigerians. Always living in another world. Airbnb I once stayed in Joburg was an architectural marvel. The elderly woman who owned it was about to put it on the market for $300k asking. That same thing in Ikoyi with no road, pipeborne water, drainage or infrastructure would have gone for $3m because it's near bourdillion and you can have other thieves as your neigbours.

megawealth01:
I was quoted 13,500 USD for one hour helicopter ride in Nigeria. I pay almost 10 Times Cheaper in South Africa.

With houses, everyone prices their own property according to their wish. In South Africa, you can search the value of every property and know what the average value of the area is. The history of every property is available for analysis. The monthly municipality rates carry the current valuation of every property too. Nobody will say their property is worth 1 million dollars when it’s only worth 100,000 dollars.

Nigeria is heavily UNREGULATED.
What shouldn’t be luxury is unfortunately luxury.
Only 15% of a 230 million population are home owners especially in the cities. The rest are tenants. Simply because houses are over-priced. Even rent is over priced. And worse still, you are expected to pay 2 to 3 years of rent before moving in.
But in South Africa, you pay rent month to month.

You can blame the Government but I blame the Nigerian culture of Greed and Classism. Which average Nigerian would pay $13,500 per hour of flight if they didn’t steal the money? Why does an hour helicopter ride cost over 18 Million Naira. Where else in the world are things so expensive?

© Charles Awuzie

BUA Cement been on full offer for about three days straight. Currently 275. Wetin happen?

To the stockbubbles guy, there is no price history for WAPCO since the name change.

You dey smile for Geregu?

Oasisblue:
I just dont buy Bank stocks for ethical reasons otherwise I would have loaded First Bank stock. I love investing in Ote$ companies. He laughs and makes us smile, unlike some other billionaire...

FirstCap is the investment sub of FirstHoldCo. They are obviously part of the IPO raise

Raider76:
I heard someone say they saw FIRSTHOLDCO logo on the Dangote Refinery PP form. Can our heavy weights NSEMPA members who did the placement confirm please.

Have they allocated the Rights already to CSCS accounts already? Else how are they already actively deploying the money?

essentialone:
International Energy Insurance Plc (IEI) recently bagged the prestigious Pension and Insurance category win at the 2026 Nigerian Risk Awards, gaining national acclaim for its corporate governance practices amidst an aggressive capital restructuring.

Massive Capital Floatation: IEI executed a major public offering, issuing 5.47 billion ordinary shares priced at ₦3.20 per share. The subscription window officially opened on 20 May and closed on 11 June 2026.

Deployment Plan: Net proceeds are being actively deployed to expand underlying underwriting capacity (80.1% / ₦14.02 billion) to secure high-value risk retention across Nigeria's energy, marine, and oil sectors.

Financial Pillar Safety: To reinforce investor confidence throughout the public offering, IEI raised its Statutory Deposit Balance with the Central Bank of Nigeria (CBN) to ₦1.50 billion.

Historic Deficit Eradication: Through strategic adjustments backed by its majority shareholder, Norrenberger Advisory Partners (holding a 75.26% stake), IEI successfully converted massive legacy liabilities. Total shareholders' funds engineered a historic turnaround, climbing from a negative deficit of (₦7.60 billion) up to a ₦9.24 billion surplus.

Q1 2026 Profitability: In its interim financial statements for the period ended 31 March 2026, IEI posted a Profit After Tax (PAT) of ₦275.8 million.

Investment Portfolio Buffer: The company's core insurance revenue experienced a temporary 61% compression to ₦615.8 million during the quarter. However, a stellar ₦832.1 million investment return—driven primarily by real estate property appreciations—successfully rescued the bottom line.

Optimistic Q3 Projections: Management has released an official forward forecast projecting a strong Q3 2026 PAT of ₦1.15 billion as operational scale kicks in from the recapitalisation funds.

Na Peter dey buy am. Bargain hunters take note!

Jaakay:
Heavy mopup in Oando at 38.05 naira. Any news?

You're very funny, even if you didn't intend to be

lawani:
President Tinubu have identity issues not drug issues. He was not convicted in the US for drug running. You can not be convicted just for money that entered your account. You yourself must have had your bank account used by another person a few times and you can't be sure of the true origin of the funds.

How does this work? Is it like a stock you can buy and sell? What is the dividend yield?

Redoil:
Dear Investor,



Chapel Hill Denham is pleased to announce that the Chapel Hill Denham Nigeria Real Estate Investment Trust (“NREIT” or “Fund”) Series 6 Issuance of up to N30.4 billion (‘The Offer”) under the N400 billion Shelf Programme is NOW OPEN



In line with its strategy, NREIT presents a differentiated investment opportunity to invest in Naira and earn periodic distributions in the currency in which income is earned. The Fund is a SEC authorized and registered Shariah compliant real estate investment trust that acquires high quality A-grade, income producing commercial real estate assets in Nigeria across the office, industrial, corporate residential, and other specialty asset sub-sectors to deliver attractive risk-adjusted real estate returns to investors, including a quarterly cash distribution.



The proceeds from the Series 6 Offer will be used to acquire target assets in its pipeline that generate foreign currency rental income. Tenants in the target portfolios are blue chip corporate and international tenants that pay rentals in US Dollars, and NREIT distributes dividends to investors in the currency in which income is earned. The Fund’s return profile is characterized by regular income, income growth, capital growth and the impact of multiple capital raises to create scale and portfolio diversification, supporting the robustness of the quarterly distributions proposed by the Fund.



Furthermore, the Fund has recently received investment committee approval for its Q2 2026 dividend payment and is awaiting SEC approval before making the distribution. This will be the 22nd consecutive quarterly distribution made by the Fund since it launched.



Please see below the summary of the indicative terms of the Offer:



Issuer

Nigeria Real Estate Investment Trust

Fund Manager

Chapel Hill Denham Management

Programme Size N400 billion

Series 6

Offer Size Up to N30.4 billion

Offer Price N105.00 per unit

Offer Units 289,630,000 units

Offer Open Date July 9, 2026

Offer Close Date August 7, 2026

Minimum Subscription 10,000 units (N1,050,000)

Fund Manager Rating AA- (IM) rating by Agusto & Co.

Structure Authorized and registered in Nigeria as a Real Estate Investment Trust

Close-ended Unit Trust regulated by the Securities & Exchange Commission

Compliant with PENCOM Investment Guidelines and SEC Rules on REITs

Shariah Compliant

Distributions

Quarterly Distributions to be paid in the currency in which rentals are earned

Listing

The Nigerian Exchange Limited (NGX)



For more information, please refer to the documents listed below, which can be accessed through the ​Folder icon NREIT 6 Offer link for your appraisal of the Offer:



NREIT Series 6 Supplementary Prospectus
NREIT Series 6 Trust Deed
Fund Manager Rating Report
NREIT Investor Presentation


NREIT is a differentiated investment product that is managed in line with global best practices by Chapel Hill Denham, with the following factors underpinning the NREIT investment case:



Experienced Fund Manager with a domestic and international track record
Track of paying US Dollar distributions
Focus on commercial sectors with higher credit quality corporate tenants
US$ and/or US$-linked cash flows
Distribution of over 90% of net income quarterly
Income and capital growth through inflation-linked escalations
No conflicts of interest
An attractive current market entry point for new entrants with no legacy issues
Strong and transparent governance: independent Trustee, Custodian, and property valuers
Management fee based on the market value of the Fund (not on accounting NAV)
Alignment of the interest of the Fund Manager with investors


Please do not hesitate to contact the undersigned, or any of our colleagues in our Lagos and Abuja office, should you require clarification or further information.



Debbie Irabor

Abaka Alaku

Gladys Anthony

dirabor@chapelhilldenham.com

aalaku@chapelhilldenham.com

ganthony@chapelhilldenham.com

+234 802 290 5931

+234 802 243 6457

+234 911 389 3877







Yetunde Aturamu

Adaobi Francis-Amanzere

Florence Ogbechie

yaturamu@chapelhilldenham.com

afrancis-amanzere@chapelhilldenham.com

fogbechie@chapelhilldenham.com

+234 911 389 3901

+234 912 039 9244

+234 911 3893876



Kind Regards

Hahahaha. I had to check your post history to be sure it was the same person abusing us for being poor on this thread.

Mankind2024:
https://www.nairaland.com/8708791/political-intolerance-no-place-democracy

You can chat with the customer service in the app there.

announcement:
Hello everyone, pls someone help me on how I can retrieve my earnings on stock investments from my portfolio on COWRYWISE. Some people say I should move the earnings from investment to stash then transfer from stash to account, but the truth is that no where on the Cowrywise app am using that allows me to do that.

Pls house, how can I solve this problem? I want to withdraw my earnings from my stock investments from Cowrywise.

No, ask Cowrywise CS to be sure if the dividend will be collated in your wallet on the app, or if will be sent to the bank account you registered when opening the app. Note that some banks don't accept dividends (eg, Microfinance, Kuda etc), so that may be a complication

DataAnalyst2022:
So, I have to contact all the registrars that I have stock with to be asking them where are my.dividends

It's alright then..

Pay 1500 for N23 (1.25%) of dividend? Won't the buying and selling commission erode the dividend gain?

Oasisblue:
Looks like Aradel's rally was for dividends. Following yesterday's qualification deadline, the stock is trading lower today.

DataAnalyst2022:
Hello house,

I don't know where cowrywise is paying all my dividends into. It has been difficult to resolve this.

Pls who can recommend fund managers that are so transparent with their paying of dividends? I want to be receiving all my dividends in my bank account.

Thanks.

Ask their customer service nau

Ahhhhh

Sunrisepebble:
@ bolded. you might be conservative
NFA DYOR

I asked Gemini pro to analyse and predict based on his previous WAPCO statements and analysis

Streetinvestor2:
Lol.we fit see #10 interim dividend. Am I asking for too much as olive twist