₦airaland Forum

https://serrarigroup.com/regency-alliance-private-placement-targets-%E2%82%A67-billion/

The type of girl you will see during JAMB exam or NYSC Camp and never see her again.

I am not lying

Indecent dressing: Ladies keep indirectly daring men to do their worst, but cry of harassment, when the men finally do their worst.

Why?

A lot of married men are suffering inside a sex-less marriage.

Your Friends who are always online, but rarely chat you, do not really like you.

But is it not True?

"The level of entitlement Nigerian women possess needs to be studied. I was going through my DMs one time and saw a message from one girl saying she likes my content and would like to start creating content, but she didn't have a ring light.

She then asked if I could help her with it. I asked how much the ring light cost, and she said ₦55k. I sent her the money.

After that, we didn't talk for a while. One day, she messaged me again and said, "Please, I need your help now." I asked her what happened, and she replied, "Please, can you borrow me ₦300k now?"

I was like, "₦300k? I don't think I can borrow you such an amount. You're a student, you don't work. How are you going to pay it back?" She said she was going to pay me back in three months' time.

Three months' time for ₦300k? I told her I couldn't lend her that amount, but I could give her ₦100k, and she could sort out the rest herself.

The next thing she said was, "No, it has to be ₦300k." I told her I didn't have ₦300k to lend her, besides I can't be chasing someone around Nigeria because of money. I advised her to find someone else who could lend her ₦300k.

She said, "Later." I said, "Okay." Then she came back again and said I should just give her the ₦100k like that.

I told her, "I'm not giving you again. The grace for the ₦100k has gone." She replied, "Don't worry." The next thing this girl did was bl0ck me.

How do you want to borrow money someone and still have the mind to bl0ck him? Imagine if I had actually lent her the money and later asked for it back, that is how she would have just blocked me. Some of you, the level of entitlement you have is ins@ne..."

- Man recounts how a lady he supported with ₦55k blocked him after he declined her request for a ₦300k loan.

"The level of entitlement Nigerian women possess needs to be studied. I was going through my DMs one time and saw a message from one girl saying she likes my content and would like to start creating content, but she didn't have a ring light.

She then asked if I could help her with it. I asked how much the ring light cost, and she said ₦55k. I sent her the money.

After that, we didn't talk for a while. One day, she messaged me again and said, "Please, I need your help now." I asked her what happened, and she replied, "Please, can you borrow me ₦300k now?"

I was like, "₦300k? I don't think I can borrow you such an amount. You're a student, you don't work. How are you going to pay it back?" She said she was going to pay me back in three months' time.

Three months' time for ₦300k? I told her I couldn't lend her that amount, but I could give her ₦100k, and she could sort out the rest herself.

The next thing she said was, "No, it has to be ₦300k." I told her I didn't have ₦300k to lend her, besides I can't be chasing someone around Nigeria because of money. I advised her to find someone else who could lend her ₦300k.

She said, "Later." I said, "Okay." Then she came back again and said I should just give her the ₦100k like that.

I told her, "I'm not giving you again. The grace for the ₦100k has gone." She replied, "Don't worry." The next thing this girl did was bl0ck me.

How do you want to borrow money someone and still have the mind to bl0ck him? Imagine if I had actually lent her the money and later asked for it back, that is how she would have just blocked me. Some of you, the level of entitlement you have is ins@ne..."

- Man recounts how a lady he supported with ₦55k blocked him after he declined her request for a ₦300k loan.

Why would a mother support her daughter to go for divorce, when even she is managing her own marriage?

Nlfpmod

This is just the beginning

Unity Bank Plc and Providus Bank Limited have officially completed their high-profile consolidation to form a single, unified financial institution operating under the new name, ProvidusUnity Bank.

Supreme Court Dismissal: The Supreme Court delivered a definitive, unanimous judgment that dismissed the final legal challenges attempting to halt the transaction. The apex court invoked Section 22 of the Supreme Court Act to directly sanction the business combination. It ordered the dissolution of Unity Bank's board without winding up the company and mandated the immediate transfer of all its assets, liabilities, and undertakings to Providus Bank.

Commencement of Joint Operations: Following final regulatory greenlights from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), ProvidusUnity Bank formally launched unified customer operations.

Capital Threshold Clearance: The strategic combination successfully pushes the joint balance sheet past the ₦200 billion capital threshold mandated by the CBN's national banking recapitalisation framework, positioning the new tier-2 giant as a major industry competitor with an asset base estimated at roughly ₦5.3 trillion.

Suspension and NGX Delisting: Under the approved Scheme of Merger, Unity Bank Plc is slated to be fully suspended and delisted from the Nigerian Exchange Limited (NGX). Its entire issued share capital is being cancelled as part of the asset transfer.

Payout Mechanics: Unity Bank shareholders are being compensated under a structured scheme offering a choice between a cash payout of ₦3.18 per share or a stock swap converting 17 Unity Bank shares into 18 Providus Bank shares.

Operational Footprint & Tech Upgrade: The integration phase combines Providus Bank's advanced corporate digital infrastructure with Unity Bank’s legacy footprint of over 200 retail branches and deep agricultural banking heritage. Management has reassured retail account holders that access to banking channels, card networks, and deposit services remains completely secure and uninterrupted during the operational migration.

Staco Insurance Plc (STACO) is currently racing against time to address severe capital deficits ahead of the statutory industry recapitalisation deadline set by the National Insurance Commission (NAICOM). Concurrently, the firm is aggressively filing a massive multi-year financial backlog to restore market compliance and lift its long-standing stock market suspension.

Severe Capital Deficit: Financial industry tracking reveals that Staco Insurance enters the final stretch of the sector-wide recapitalisation drive with no eligible capital on record, placing it in an inactive regulatory status. General insurers are legally mandated to scale their capital base up to a strict ₦15 billion threshold, creating major questions about NAICOM's looming compliance actions against the firm.

Deep Balance Sheet Distortions: The company recently pushed out severely delayed audited accounts revealing a staggering negative shareholders’ fund of -₦14.22 billion, which marks a massive erosion of its financial base. Its gross premiums written fell sharply by over 70% during that audit timeframe to just ₦677.13 million.

Partial Mid-Year Relief: In its subsequent HY interim financials, the group posted an 83.8% surge in gross premiums written to ₦2.23 billion and improved its net loss after tax by 78.9% (narrowing to a loss of ₦829.19 million). However, its core solvency margin remained heavily trapped at a negative ₦21.54 billion.

Stagnant Share Valuation: Staco Insurance shares remain locked in a technical trading suspension on the Nigerian Exchange (NGX), where they have been frozen since July 4, 2018, due to non-compliance. The equity price is locked at its legacy floor of ₦0.48, representing an implied market valuation of ₦4.48 billion.

Clearing the Filing Backlog: Under the supervision of Acting Managing Director Mrs. Nike Nihilola, the company secured regulatory approvals from NAICOM and the Financial Reporting Council of Nigeria to finally process its delayed corporate statements. Management has finalized back-filings and is progressing through later financial audits to formalize its position.

Brokerage Sector Endorsement: The Nigerian Council of Registered Insurance Brokers (NCRIB) recently extended a public commendation to Staco's management team. The council cited optimism regarding the insurer's ongoing operational revival plans and forward-looking capital injection roadmap.

International Subsidiary Pressures: In a parallel setback, global rating agency GCR suspended the financial credit ratings for Staco Insurance Company SL Limited (its Sierra Leone subsidiary) without review. The rating agency cited an extreme lack of financial information sufficiency after the subsidiary failed to provide its audited financial statements.

Pharma Deko Plc (PHARMDEKO) remains under a long-term technical trading suspension on the Nigerian Exchange (NGX), keeping its share price completely frozen at ₦1.83. On the operational side, the consumer health company has heavily leaned into regional public health campaigns and consumer activation drives to sustain its core brands.

Frozen Share Valuation: Because of its ongoing regulatory suspension, Pharma Deko’s share price has posted 0.00% volatility. The company maintains a locked-in market capitalisation of ₦396.78 million across 216.82 million outstanding shares.

Financial Accounting Deficit: Analysts highlight significant structural risks, noting that the firm's formal financial disclosures are severely delayed. Its small revenue base—historically under ₦470 million—and high operational overheads have limited near-term profitability, resulting in a 0.00% dividend yield.

Operational Demands: Historically, workers at its core manufacturing facility at the Agbara Industrial Estate in Ogun State have staged protests over management practices and asset degradation concerns, signaling internal operational headwinds.

Market Activations for Brett Mouthwash: To protect its retail market share, Pharma Deko has executed continuous, direct marketing campaigns across major Lagos markets. These activations focus on live sampling and building direct consumer engagement for its flagship Brett Mouthwash brand.

Institutional Oral Health Alliances: The company has sustained strategic partnerships to elevate its corporate branding. This includes joint initiatives with the Intercountry Centre for Oral Health for Africa (ICOH), Jos, designed to advance dental care awareness across local communities while driving product adoption.

Consumer Portfolio Maintenance: Beyond oral hygiene, the company is maintaining active distribution lines for its legacy segments, including consumer-facing carbonated soft drinks (such as Sans Cream Soda) and its clinical contract packaging and pharmaceutical syrup divisions.

After 8 years of being suspended from the stock market, MultiTrex Plc is finally set to return back to the stock market at N0.36

Are you ready for it?

Multi-Trex Integrated Foods Plc (MULTITREX) is preparing to resume trading on the Nigerian Exchange Limited (NGX) following a successful debt settlement that has cleared its balance sheet. The highly anticipated resumption aims to end a technical trading suspension that has kept the stock frozen for over a decade.

Complete Debt Clearance: Through a strategic partnership with N-Foods Universal Concept Limited (NFUC), Multi-Trex has fully liquidated its outstanding debt liabilities to the Asset Management Corporation of Nigeria (AMCON). The final tranche of the debt was settled at ₦3.18 per share, leaving the company with near-zero gearing and a lean balance sheet.

Filing Backlog Resolved: The cocoa processing giant has systematically updated its corporate compliance by submitting a decade-long backlog of financial filings spanning from 2014 through 2024.

Stagnant Stock Value: Due to the long-standing suspension, the stock price remains listed at its legacy value of ₦0.36 on the Nigerian Exchange. It retains an indicated market capitalisation of ₦2.24 billion across 6.23 billion outstanding shares.

24-Month Free Float Extension: Multi-Trex secured a conditional 24-month moratorium extension from NGX Regulation Company (NGX RegCo) lasting until January 14, 2028. This grants the firm a grace period to regularise its free float position.

Capitalisation Shortfall: Following its aggressive capital restructuring, the company's free float fell to 7.23% (valued at ₦117.46 million). This is short of the NGX Main Board requirement of maintaining a 20% free float or a minimum market capitalisation of ₦20 billion.

FY 2025 Downturn: In its audited financials for the year ended April 30, 2025, the company posted a net loss after tax of -₦471.0 million, contrasting with a ₦510.9 million profit in the previous year. Total turnover dropped to ₦47.9 million amid an intensive factory rehabilitation phase. No dividend was declared.

Favorable Import Ban: Management expressed strong long-term optimism, noting that the Federal Government's ban on processed cocoa imports positions local processors to supply domestic beverage giants like Nestle and Cadbury. Multi-Trex is actively retooling its facility to fully recommission its industrial production lines.

Golden Guinea Breweries Plc (GOLDBREW) has secured a major legal milestone after the Court of Appeal upheld its victory in a ₦10 billion trademark battle against International Breweries Plc. The multi-year dispute centered on the exclusive rights to the “Eagle Stout” brand name.

₦10 Billion Legal Victory: The Court of Appeal officially declared Golden Guinea Breweries Plc as the sole registered proprietor of the “Eagle Stout” trademark. The court issued a perpetual injunction restraining International Breweries Plc from further infringing upon or passing off the product as its own. This decision frees up the indigenous brewer to protect its market share and commercial interests.

Persistent Trading Suspension: Despite its massive legal win, the company's shares remain under a technical trading suspension on the Nigerian Exchange (NGX). The NGX implemented the freeze due to Golden Guinea’s continued failure to file its outstanding audited financial statements.

Stagnant Stock Metrics: Because of the suspension, the stock price has remained frozen at ₦7.10. It retains a flatline market valuation of ₦7.28 billion based on 1.02 billion outstanding shares.

Internal Operational Friction: Operational recovery has faced hurdles, with local staff raising concerns regarding unpaid salary arrears. While human resources admitted to the debts, the company noted it is working actively to settle back pay and clear its internal books.

https://thenationonlineng.net/eko-hospital-dispute-court-bars-ekocorp-board-from-meeting/

Is this Company ever likely to return back to the stock market?

https://www.nigerianeye.com/2025/07/ex-afromedia-director-mohammed-gobir.html

Is this Company ever likely to return back to the stock market?

The National Insurance Commission (NAICOM) has formally handed operational control of African Alliance Insurance Plc back to its shareholders, marking the successful end of an 18-month regulatory rescue mission.

New Leadership Appointed: A freshly constituted Board of Directors has assumed leadership. Rear Admiral Anthony Odogba Isa has been named the new Chairman of the Board, while Mr. Abayomi Olakunle Ogunkeye takes over as the Managing Director and Chief Executive Officer.

The Regulatory Exit: NAICOM's intervention originally began in October 2024 due to critical liquidity issues, massive backlogs of unsettled annuity claims, and severe corporate governance infractions. The temporary Interim Management Board (IMB) has now stepped down after meeting its stabilization targets.

Operational Milestones Achieved: Before the handover, the outgoing interim management restored liquidity by unlocking trapped dividend funds, selling off specific assets, and settling substantial chunks of outstanding legacy claims and 15-month annuity arrears. They also finalized comprehensive forensic audits and migrated the company's admitted annuity portfolio to another underwriter to guarantee undisrupted payments to retirees.

Commitment to Transparency: Speaking from Lagos, the new MD, Mr. Ogunkeye, pledged that the company's new operational phase will be heavily anchored on strict solvency management, financial discipline, and absolute accountability to rebuild total consumer confidence.

Continuous Supervision: Although operational control has returned to the shareholders, NAICOM stated that African Alliance Insurance Plc will remain under its strict regulatory oversight. The commission will closely track its solvency margins and ongoing recapitalisation steps to ensure long-term stability.

mallamOmonile1:
I beg someone should tell me about this CMFC(firmerly Deapcap)

?

Yes

Some years back, i mentioned it that the high number of Single Mothers in our society will only raise up girls who will be fearless and shameless prostitutes.

This is just the beginning.

Every time, dem go dey shout "Warri no dey carry last. Warri no dey carry last." Shebi Warri never carry last now?

A man fit no fit forget ooo