₦airaland Forum

Willie2015:
I don take profit from most banking stock in my portfolio...

We dey wait for serious pull back...

.

The pull back is not encouraging at the moment.

I'm looking forward to the COVID 19 era pull back.

Banking stocks are the best in the Nigerian Stock Exchange,so fret not about the latest CBN forbearance news.

I'm of the view some dividend investors are targeting these fundamentally sound stocks.

billyG:
It is not about churning out substandard products but quality hardwares.

It is not substandard,China produces according to your specifications or what you can afford.

Obaofaba:
Trump is a liar.

He lied that he will end the Russia Vs Ukraine conflict immediately he takes over but it's been five months since and it's getting worse.

America is no one friend.

They are only interested in selling weapon and enriching their war scientists.

That's why they will not be directly involved in conflicts because they value their own lives but sell weapons to fools and watch them die like fowl.

You're very correct!

Only foolish countries engage in warfare.

Trump is a snake!

They are now calling for peace due to the fact that Israel is not subduing Iran.

However,peace is the best policy.

SonofElElyonRet:
How sensible is it for cbn like a financial dictator to deprive investors of returns

I believe CBN staff want to accumulate the shares of these banks

So,this might be their best strategy to get it at a discount by causing a drop in price of the shares of these banks.

GeeKudi:
Lol.
The video in the comment nsection is supposed to be a documentary ( so i think) of the farm and it's associated infrastructure but I only saw forest, some pigs and a green roof.

What colour of pig did you see?

Is it white,brown or black pigs?

I hope is not CBEX,MMM or CRYPTOCURRENCY pigs?

to suspend all dividend and bonus payments to their foreign subsidiaries and offshore ventures

Written by SpringnewsNG Media Limited – June 14, 2025

The Central Bank of Nigeria (CBN) has issued a directive instructing Nigerian banks operating under regulatory forbearance to suspend all dividend and bonus payments to their foreign subsidiaries and offshore ventures

Note this: to their foreign subsidiaries and offshore ventures.

moneymanager:
But guyz, for most of the investors in those banks, they’ve already gotten over 20% from stock price appreciation.
Which dividends are you guyz looking for again.

Dividends must surely be paid by the biggest banks because it will benefit the biggest shareholders like Jim Ovia and Tony Elumelu.

Jim Ovia has 5 billion shares of Zenith Bank.So paying regular dividends is the best legal means he can benefit from his investment.

billyG:
So the "saviour of Iran" could only be china...1st lessons of life:Never pick a fight you have no resources or intelligence to win otherwise you will be humiliated & ass whipped.

Where do you think Israel gets arsenals from? It's from USA and other western allied countries.

But you know China(Iran's ally) is more efficient in production than the western countries combined.So never you underestimate Iran.

Like I will always say,peace is better than war.

engrchykae:
in as much as muslims pretend to be crazy,they know who not to mess with.
Why will these mushroom nations want to mess with China?

Is Israel not a small nation when compared to Iran?

The issue is,Israel has become a war-morgering nation just like the USA..

Agbalowomeri:
Do you work in CBN? . .

No,I am the owner of CBN




I don't have to work in CBN to know that those 4 four banks will pay both interim and final dividends.

The 4 banks are doing well and it's already their tradition to pay dividends.

engrchykae:
there is no peace with Islamic neighbors.
Use Nigeria as example.
Islamic bandits have refused to allow indigenous Nigerians to live in peace

Is China not living peacefully with Islamic neighbouring countries like Afghanistan and Pakistan?

Ibrahim505:
BREAKING: CBN suspends dividend payments executive bonuses & foreign investments for 7 Nigerian banks under regulatory forbearance:

🏦 Zenith Bank
🏦 GTCO
🏦 Access Bank
🏦 UBA
🏦 FBNH
🏦 FCMB
🏦 Fidelity Bank

📉 Suspension holds until capital adequacy is independently verified.

📲 Stay informed. Follow
@TNIPodcaster
for real-time market updates!

I'm very sure Zenith,Access UBA and GTBank are not among.

SonofElElyonRet:
Bitcoin is going to $1m ! Countries are establishing Bitcoin reserves, blue chip companies and fund managers are investing in Bitcoin. It has. Officially become a store of value. The only challenge is its volatility which is likely to reduce as most of the Bitcoin is accumulated in few hands of countries and big investors

Is Bitcoin a company producing goods or rendering services?

Bitcoin like any cryptocurrency is just pure speculation,and it's probably not sustainable!

Does Bitcoin make annual profit and pay dividends like Bank of America or Wells Fargo?

Both Israel and Iran are on the receiving end.

I don't think there is a winner in this scenario.

Peace is far better than war.

KaLuCh:
The guy pointed out very true observations to you but as usual, you lot won't get rational. Between the West and these terrorist nations you support, who has the tradition of suppressing and controlling the media?

The Western media will forever be the most reliable source of news. Unlike in Russia, NK, and all these middle eatsern terrorist nations where the news is controlled by the government.

I think you're either biased or you have been brain washed.

Have you ever seen China war-morgering like the USA?

Like I will always say,peace is better than war.

This is what Buffett have to say on Charlie Munger the great sage:

Mr. Buffett has described him as the originator of Berkshire Hathaway’s investing approach. “The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,” Mr. Buffett once wrote in an annual report.

Take note of this: 'Wonderful Businesses' are better than 'Fair Businesses'.

Wonderful business is an excellent(A1) entity, while Fair Business is a mediocre(D7 or E8) entity.

chinonsobest:
Good to see an old gee who still believe in crypto. When i told my dad who taught me stock market to consider crypto, i was ready to teach him. He looked at me and said I am not interested in business you can lose your 100% capital in a day. I said to him that you can still increase your capital by 100% in a day. He said capital preservation is the key to wealth building. I got confused.

This is what Charlie Munger and Warren Buffett have to say on cryptocurrency.

Never you underestimate the wisdom of these 2 wise men.

Charlie Munger died at the age of almost 100 years and Buffett is close to 100 years . Don't forget in most cases wisdom comes with old age.

blacksam01:
Propaganda my foot.... Do u know there are thousands of investigative journalist in the west who will do anything to bring out truth ND disgrace politicians...?

See, even Russian intelligence trust WSJ ND NYT.... U dnt even HV an idea of what western journalism is all about ...

U thing say na autocracy...?

Have you forgotten China and the USA tariff war?

Most western media were of the view Chinese economy will crumble.

AirBere:


Israel will 💯 hit Iran in a very bad way. They don't care about peace talks. Israel is like honey badger, small but doesn't give sh!!t. There'll never be peace in the middle east until every terrorist is dead and buried. That's never happening so there'll be continuous war till the end of time.

I reiterate, Israel will strike Iran again maybe not this week, next week, next year or in 10 years but it'll be a colossal damage when it happens.

Don't underate Iran because China is a friend to Iran

The arsenals that it will take China 1 month to produce ,it will take the western countries 10 years to produce same quantity of arsenals.

Like I will always say,peace is better than war!

caleboxylic:
That underground was destroyed on Friday.

Do you know if they have up to 1000 underground fortress?

Don't forget western media are fond of using propaganda.

CLETDON:
I totally agree with you brotherly. No matter what anyone thinks, Iran has been weaken. Almost all their arsenals have been depleted. Israel are not always in a hurry to attack just like Iran does in most cases which is see as a mere fire works. Israel will start from your kidney and then finally destroy the heart so you will have not cause to survive again. See Gaza

Who told you their arsenal is depleted?

Do you know if they have a stock pile that will last them 20 years that was produced with the help of China?

There are videos online where Iran showed off their underground storage of arsenals.

The best thing for both Israel and Iran now is to cease fire.

Peace is always better than war.

Unlike China,the USA is a war morgering nation!

Would the USA allow war to take place in the United State?

War does no country any good.

This is not the best time to take side.

Both Israel and Iran must cease fire now.

RodgersAkpafu:
i like how you think....

But a quick question though.....

Did you come about this calculation by using the post rights issue/public offer ordinary shares number?

Or the ordinary shares number of the past

Post rights outstanding shares of about 41 billion units.

RodgersAkpafu:
The second paragraph is for sure
especially zenith

Zenith Bank is their leader !

The current shareholder's funds is 4.4 Trillion Naira.

At the rate of N5 per share,this shareholder's funds can pay dividend for the next 20 years even if Zenith Bank never declare any profit.

chimex38:
This might give those two a lifeline. I guess this is why some banks have not made the move yet for their 2nd tranche of capitalisation..
We are already in Q2.
deadline is February!!


True. But some may default in that Single Obligor Limit to a particular lender.. I think this is where the CBN hammer is.
Don't lend so much as 20% of SHF to a single person"
It looks more like winch hunting to me if the banks can cover the risk..

Yes,it will definitely give Zenith and Access a great advantage.

Bigdeal01:
I like the fact that nobody is mentioning Caverton and MTN, Neimeth etc. They are just slowly inching up. No noise. No debate. No emotions.
Looks like we attach too much emotion to certain stocks. Oando, Ellah Lakes this and that. If you are buying, buy. If are selling, sell. Market will always do its thing.

The funny part is that both Oando and Ella lakes are both companies with huge negative shareholder's funds.

fashionnisir:
Ebi like say that discusssion of holding back dividend as per aqcuiring of FBHN done spread reach general banking sector

The chief Monkey Hunter will use this as excuse not to pay interim dividend.

On the other hand; Zenith,UBA, Access,GTB must definitely pay interim dividend.

No super man for this life !

Do you know who I am gang should be humble and embrace peace.

Israel's antiballistic protection has been overwhelmed.

Peace is better than war.

Sunrisepebble:
I was reading it while half asleep.
It’s for banks under forbearance. Who are they though ?

Probably banks that are indebted to CBN ,banks like Unity bank.