₦airaland Forum

Freshestbot:
Hello

I'm new here. I've been following the thread for some weeks now.

Please I want to know how dividend payment works. Is it automatic and would it be paid into my trading account or do I need to apply for it–what would the process be like?

N.B I have a CSCS account with Morgan Capital

Thank you

STNWAUME:
All I see is someone filled with rages & regrets for not buying Ellah Flakes when Oga NOSA recommended it at circa #3.00 while those of us that foresee Agriculture as the new gold loaded as much as we can.

Okumo and Presco once traded below #5. now Presco is 1500 while okumo is #1000.

So you and your fellow bitter souls can rant from now til eternity while we watch Ellah get to #1000 in future.

STNWAUME:
I have over 19m units of Ellah Lakes that were bought at circa #3, I don't intend selling in my lifetime.

musicwriter:
Give them money and they'll use it to build weapons of war and sponsor wars around the world, then consume more fat to eat themselves to death.

I once gave them a humongous amount of $25 of my hard earned money in about 2017 when Obama, Bush, Clinton and others came on TV literally begging for money for a charity cause. After giving them the money, the CIA began monitoring me!

Peterobiisathie:
“Nigerians”

Mankind2024:
The past management of FIRSTHOLDCO inflicted irreparable damage on the bank, perpetuating a legacy of corruption that spanned generations.
Fortunately, Nigeria's resilience has allowed it to withstand the impact of widespread corruption in both public and corporate institutions. It's encouraging to see that the new management appears to prioritise investors' interests.

Peterobiisathie:
you are the first person to mention a tribe on this thread

Mankind2024:
👍
The final sledgehammer on my decision for not taking the FUGAZ rights offer was validated when I consulted a seasoned NSEMPA veteran on the potential impact on bank stocks prices after the rights and public offers. He predicted that the share prices would fall by January 2025 due to significant share dilution. I was tempted to offload my FUGAZ holdings too but resisted the urge.

This experience reinforces the importance of perseverance, consistency, patience, self confidence, resilience and trust in investing.
We learn every day and grow from our experiences.

Mankind2024:
BBNaija and the Growth of My Portfolio

In 2017, during the BBNaija Season 2, titled "See Gobe," the winner, Michael Efe-Ejeba, received a cash prize of ₦25 million (approximately $$83,400$ at the time) and an SUV. The prize money was the envy of many, including me. It wasn't that I couldn't have made more than the cash prize and the SUV, but financial independence was a distant concept for me.
At the time, I always had to seek validation before investing, or I would invest in trending "hot stocks" on the NSEMPA forum, no consistency.
There was no self-confidence and no basic knowledge of the fundamental principles of investment. The result was self-sabotage, stemming from a lack of understanding of compounding and dividend reinvestment strategies. Following the herd was my greatest undoing. At that time, I did not trust the market nor did I have a strategy to actualise financial freedom.
Eight years later, I feel I have made up for lost time after learning by reading books, articles, and publications by several legendary American investors: Benjamin Graham, Warren Buffett, Peter Lynch, Jack Bogle, Jesse Livermore, Ray Dalio, and many others.
During the award-winning ceremony of season 2 BBN, hosted by Ebuka Obi-Uchendu, a thought flashed through my mind: one day, I would surely make a hundred times this prize money.
How I would achieve this was unknown, but the belief and determination were very strong. Abundant wealth starts with the individual: think, act, and grow rich.

In late 2019, I decided to return to the NGX with a strong determination and consistency that I would never again allow the fear of a bear market, sell-off, downturn, or recession to drive me away. I had already learned the PATIENT, secret of stock market investing. At this point, I began to trust the market, making risk my best friend, volatility my investment adviser, and a bear market an opportunity for an early Christmas promotion. No more "sell in May and go away."
At the peak of COVID-19, during the "urgent ₦2k" slogan era in Nigeria, I remained in the market. I established strong positions in the FMCG (Fast-Moving Consumer Goods), Transcorps and Banking sectors. I watched my portfolio obey one of the investment creeds: "Time in the market is better than timing the market," and "The best time to invest in the market was yesterday, and the next best time is today."
Fast forward to today, without relying on luck, the probabilities of the market are swinging in my favour, simply by obeying the fundamental principles of investing. Using value cost averaging and the power of compounding, I have grown my NGX portfolio from ₦8 million to 9 figures (2020 to date). Meanwhile, my NYSE portfolio is also benefiting from my experience as a dedicated "Naija investor." I have been able to grow it from a loss of 60% in November 2023 to a gain of 213.2\% as of July 25, 2025.

The best lesson I have learned so far in my investment journey is that the greatest enemy of an investor is the investor themself. We investors often sabotage compound interest in the name of "profit booking" at the peak of a bull run, even when there is no obvious need for the money. We do it because of the fear of a bear market, the fear that "you haven't earned anything until you sell," the fear of a downturn or sell-off, an over-reliance on highly biased technical indicators, and trusting bearish market forecasters more than our own instincts and the market's intrinsic fundamentals, forgetting that We are investors, not traders.
Yes, the bear will always come, but that is not a cogent reason to sell off our assets in blue-chip, dividend-paying companies, only to end up buying the same assets back at a premium. To overcome this fear, we need to prepare for tomorrow.
We investors also tend not to trust the incumbent President of Nigeria due to a deep-seated dislike for him and his tribe. We do not believe him when he says he is on a mission to grow Nigeria's economy to $1trillion. However, the stock market seems to be pointing in the direction of this promise.
A recent experience was an act of self-sabotage I perpetrated against myself. Following the announcement of bank recapitalisation in 2024 by the CBN (Central Bank of Nigeria), I sought public validation on the NSEMPA forum about what would likely happen to the prices of Tier-1 banking stocks on the NGX after the recapitalisation and rights issues. As expected, the herd's conclusion was that the outstanding shares and imminent dilution would be too much to support their prices at the time. Trusting this, I decided not to take my rights offers in GTCO, ZENITHBANK, UBA, ACCESSCORP, and FBNHOLDINGS, despite having the financial muscle, with the hope that the stock prices of Banks would crash by January 2025.
Alas, the market proved me wrong. I was severely punished by the market for not trusting it. Right before my eyes, the bank stocks appreciated and also paid dividends to subscribers of their rights issues. It was a lesson learned the hard way. I quickly made an effort to buy back the time and oversubscribed by 100% to the STANBIC IBTC rights issue, which was executed in February 2025. Unfortunately, no dividend was paid to their rights issue subscribers. Not only that, but I was also allotted only 50\% of my subscription, and the excess money was refunded.

My humble advice for discerning individual investors is: do not time the market. Invest, seize the day, diversify, and trust the market. The stock market is not a get-rich-quick scheme; however, rewards might come sooner than you think. No one has a crystal ball to tell us what the market will do tomorrow. In the same way, no one knows who is going to win the ultimate prize of ₦150 million announced for the 2025 Season 10 of BBNaija. We can only guess.
My mind is relaxed because my growing net worth is more than the ultimate prize.
My SMART goal is on course, and victory is certain.
NGX: ₦1 billion (2027) and NYSE: 1$ million by 2030.
So help me God.

EDUECO:
There are 10.76 100 by 100 feet plots in 1 hectare.

That is, about ₦99,000 was used in preparing 100 by 100 feet plot of land .

Ellah lekos will start making profit from like 6 years time.

debeey87:
So Ellah used 1,000,000 to clear an hectare of land. Una wey be farmers, is that possible?

Peterobiisathie:
you can’t expect Peter Obi to win election in Nigeria if India continue to lock up your brothers everyday

Lion123:
Oando plans fresh N500 billion capital raise via 10 billion share issuance, outlines additional funding strategies - https://nairametrics.com/2025/07/22/oando-plans-fresh-n500-billion-capital-raise-via-10-billion-share-issuance-outlines-additional-funding-strategies/#google_vignette

Oando. Old taker. Still new taker.

EDUECO:
This is how lekos investors will end!

Sabiboy99:
Many Nigerians are now turning into investors not Jijo people jumping from one stock to the next.

Sabiboy99:
Did your Portfolio drop on Friday because of profit taking?

Ginalex:
Who go help us beg Elums for Transpower matter ... Even if nothing wan happen, give us reasonable dividend 🥲🥲

megamart247:
Who doesn't know 53billon overbloated Access Outstanding Shares has made it become a JIJO stock?

They use the so called acquisitions as decoy for money laundering while leaving their shareholders high and dry.

That's the reason UBA and FBNH have left ACCESS behind and very soon Fidelity will overtake it.

know this and know PEACE.

jonnysessy:
Acquisition is a good news which should improve the share price. Why do you now think otherwise. Buy Access at the current price if you are interested, no amount of bad mouthing by NSEMPA members that will bring it down.

Streetinvestor2:
Lwkd .He will be deregistered as members. Hence not told the junks to buy next time

I come in joy and peace

Agbalowomeri:
N1 interim dividend gone

SonofElElyonRet:
Is this referring to me or the person I quoted @EDUECO ?
If it's me then honestly you guys should try to read the earlier posts before jumping on a discussion and commenting because I said nothing negative about Ellah.. rather it was positive

STNWAUME:
All I see is someone filled with rages & regrets for not buying Ellah Flakes when Oga NOSA recommended it at circa #3.00 while those of us that foresee Agriculture as the new gold loaded as much as we can.

Okumo and Presco once traded below #5. now Presco is 1500 while okumo is #1000.

So you and your fellow bitter souls can rant from now til eternity while we watch Ellah get to #1000 in future.

GeeKudi:
It's just a pity. The shareholders who were present appeared courageous enough to dare asking tough questions but grossly less articulate to be able to put the questions straight.

SonofElElyonRet:
Maybe your judgement? 🤷

SonofElElyonRet:
I remember that Chuka during the Twitter (X) space live discussions said that a particular lady who asked a question was free to visit the farm etc. not sure why they're not doing more pr with visuals.. I expect them to wake up soon and do the needful