₦airaland Forum

My experience of Americans and Europeans, with regard to church, is that they generally don’t come to church seeking God’s intervention to get a visa. With their passports, they can travel to many countries without a visa. And where visas are required, they apply for them and often get them without much difficulty.

They don’t come to church because they want cars. Anyone can drive a car if they work for it. The car you drive is nobody else’s headache. Most of their cars are brand new - latest models.

Then, after they have finished using those cars and paying for them, they ship them to third-world countries, where people buy them and give testimonies that God has answered their prayers for a car.

🤔

If you give birth to a female child, that means God is punishing you for your past sins.

megawealth01:
You don quit ni?

If fowl quit pecking the floor, how e go take train him pikin?

Even with this present financial balance, I still use an Android phone of 100k


Everybody get the one wey dey bother am.

?

Those who said Marriage is for better and for worse are wiser than me and you. They know that marriage has good and bad sides. It's like business that have profit and loss. If you are not ready to make any loss at all, you should not start business in the first place. If you as a lady are not ready to endure the worse part of marriage at all, then you should not enter marriage in the first place. Few words are enough for a wise person.

Those who said Marriage is for better and for worse are wiser than me and you. They know that marriage has good and bad sides. It's like business that have profit and loss. If you are not ready to make any loss at all, you should not start business in the first place. If you as a lady are not ready to endure the worse part of marriage at all, then you should not enter marriage in the first place. Few words are enough for a wise person.

Those who said Marriage is for better and for worse are wiser than me and you. They know that marriage has good and bad sides. It's like business that have profit and loss. If you are not ready to make any loss at all, you should not start business in the first place. If you as a lady are not ready to endure the worse part of marriage at all, then you should not enter marriage in the first place. Few words are enough for a wise person.

Those who said Marriage is for better and for worse are wiser than me and you. They know that marriage has good and bad sides. It's like business that have profit and loss. If you are not ready to make any loss at all, you should not start business in the first place. If you as a lady are not ready to endure the worse part of marriage at all, then you should not enter marriage in the first place. Few words are enough for a wise person.

Dzzzz:
Unless she's a witch cause why deny me sex and get mad when I masturbate..

Very true

Dangote Cement Plc September 2026 Capital Markets Day deck - London presentation led by Arvind Pathak & Gbenga Fapohunda ahead of LSE secondary listing.

Confirmed points:

*Capacity & Capex:*
- Current: *55Mta* installed across 10 plants / 11 countries
- Target: *80+Mta* (adds ∼25Mta via brownfield)
- *$4.5bn group Capex context:* That's actually part of larger *$45bn Dangote Industries plan* targeting $100bn revenue by 2030
- Acceleration: LTM to June 2026 Capex *$694m*, with 78% growth capex.
- Moat: *4.2bn tonnes limestone = 80-year life*, ∼430MW captive power, 10,000+ trucks, 5 ports.

*Balance Sheet de-leveraging:*
- H1 2026 shows *Net Debt/EBITDA (0.09x) and Net Debt/Equity (0.07x)* - net cash ₦215.2bn
- Q1 2026 it was 0.1x, so now negative leverage.
- *Interest coverage 8.1x in H1 2026* (vs 5.0x in FY25) and up to *18.9x annualized* in some disclosures.
- Why? Refinery debt transferred to Dangote Industries Limited (DIL), plus cash gen *₦1.05tn from ops in H1* with *89% cash conversion* and *68% ROCE*.

*Strategy shift - Phase 2 (2026-2030):*
Moving from *geographic expansion (2013-2025) to export-led + building materials platform* - aggregates, mortars, ready-mix, precast.

Itori, Ogun is the hub: *6Mt first phase, all clinker export* to Cameroon, Senegal, Ghana, Togo, Benin - 60% internal use.

Revenue base: *$3.1bn LTM June 2026 (+22% YoY), EBITDA CAGR 50% 2023-25 vs revenue 40%*.

It's no longer just a cement maker. It's becoming Africa's building materials utility, funding its own growth from cash.

Aradel Plc

*H1 2026 (Unaudited) - Official:*

- *Revenue:* ₦2.49tn (+577% YoY from ₦368.08bn)
- *Operating Profit:* ₦1.06tn (+789% from ₦118.6bn)
- *Gross Profit:* ₦1.44tn (+782%)
- *PBT:* ₦752.71bn (+293% from ₦191.31bn)
- *PAT:* ₦191.04bn (+30.5% from ₦146.39bn)
- *EPS:* ₦35.37 vs ₦33.26.

*Why PAT grew only 30% when revenue grew 577%?*

Two killers:

1. *Finance cost:* ₦326.14bn vs ₦11.08bn last year (+2,843%)- interest on the debt they used to buy ND Western and Renaissance Africa Energy
2. *Tax expense:* ₦561.7bn vs ₦44.9bn (+1,151%).

*Also confirmed are:*

- *Total Assets:* ₦10.88tn (from ₦9.90tn Dec 2025) - due to provisional IFRS 3 purchase price allocation for those late 2025 acquisitions
- *Production:* 139.5 kboepd average (+523% YoY), crude 55.6 kbopd (+258%), gas 503.2 mmscf/d (+1,121%)
- *Net debt:* Cut 70-90% to ₦46.5bn from ₦475bn, cash at ₦1.72tn, operating cash flow ₦975.6bn
- *Legal contingency:* ₦727.4bn Ogbele field claim is disclosed - management says no expected loss.

So it's an *empire-building quarter* - scale has arrived via acquisition, cash flow is massive, but shareholders will only see the real benefit after finance costs normalize.

Access Holdings Plc - ₦500m senior unsecured Eurobond fully redeemed at maturity.

*Quick recap:*

- *Issued:* September 2021 under $1.5bn Global MTN Programme
- *Tenor:* 5 years, matured Sept 21, 2026
- *Coupon:* 6.125% fixed, paid semi-annually - all met
- *Funding:* *100% from internal FX liquidity*, no new borrowing / refinancing
- *Impact:* No adverse effect on operations or regulatory liquidity ratios - it was already provisioned in their ALM framework.

MD Roosevelt Ogbonna: _"Meeting this maturity from our own balance sheet affirms the strength of our funding position and the discipline with which we manage our capital and liquidity"_.

*Why market cares:*
In this Naira regime, a lot of Nigerian banks had to refinance Eurobonds because they didn't have dollars. Access paying $500m cash from balance sheet is a strong signal - shows real dollar liquidity, not just Naira capital raise.

It also retires one of their expensive FX liabilities (6.125% in dollars). Expect their next Eurobond if any, to price tighter now.

Ovamboland:
Fidelity Bank 1st IPO in 2007 was priced at N1 per share

In summary: ₦20,000 invested at Fidelity Bank’s IPO in 2007 would have grown into ~₦666,000 today, combining dividends and share appreciation — a more than 33× return over 19 years.

The *₦666k narrative is false* because it uses the wrong starting price.

*Here is the verified fact:*

Fidelity Bank's 2007 Hybrid Offer was *₦8.00 per share* - not ₦1.00.

> Fidelity Bank's hybrid Offer of 5,501,100,421 Ordinary Shares of 50k each at *N8 per share* and Rights Issue of 498,899,579 at *N8 per share* opened on Thursday.

- ₦20,000 / ₦8 = *2,500 units*
- At today's ~₦19 - ₦20.50 = *~₦47,500 - ₦51,250* capital value
- Plus dividends over 18 years (Fidelity has paid every year since 2005), but nowhere near ₦600k.

Where did ₦666k come from?

1. Someone took Fidelity's crash price in 2016-2017 when it fell to *₦0.76k - ₦1.15* at the bottom of the banking crash, and pretended THAT was the IPO price.
2. ₦20,000 / ₦1.15 = 17,391 shares (wrong units)
3. 17,391 x ₦19.10 today = ~₦332k + they added estimated dividends/bonuses to pump it to ₦666k.

That calculation uses a *distressed market bottom, not the price the man in the video actually paid in 2007/2008.*

The man in the video lamenting ₦5,332 after 18 years - that ₦5,332 figure is also not his CSCS value. It's likely:
- Only an unclaimed dividend warrant
- Or a partial balance after he missed bonus/rights issues and registrar updates

If he held 2,500 units from 2007 till today without selling, he should have at least ~₦50k in shares, not ₦5k.

This is the exact error everyone missed - *wrong denominator*.

With the toxic character and attitude of most Nigerian ladies, we expect the number of Nigerian single ladies to continue to increase, as men run or their lives, and to get some peace of mind.

Why is sex being refused? Is it due to stress, fatigue, relationship conflict, hormonal changes, or medical issues? Addressing the underlying cause of the sexual disconnect, is vital.

If this scenario happens, using anger as a weapon will only cause the partner to hide their behavior, fostering resentment, secrecy, and further emotional distance. A healthier approach involves stepping back and addressing the root causes.

Relationship psychologists often note that it is unhelpful to expect a partner to shut down their libido entirely just because one's own libido is currently low or absent.

For many individuals, self-pleasure is a tool used to maintain fidelity and self-control when their partner is unavailable or uninterested, choosing solo release over looking outside the relationship.

Masturbation is a normal, low-stress biological release to relieve tension, stress, or high libido. It allows a partner to manage their sexual urges safely without pressuring the person who declined sex.

From a relationship health perspective, expecting a partner to completely abstain from sexual release while simultaneously refusing to engage in sexual intimacy creates an unfair double standard.

Personal, cultural, or religious upbringing can cause a person to view masturbation as inherently shameful, dirty, or wrong, leading to an immediate angry reaction when confronted with it.

In some relationship dynamics, withholding intimacy is used unconsciously as a mechanism of control or a boundary. Seeing a partner satisfy themselves independently removes that control.

Many women associate male masturbation with pornography. If she suspects he is using porn, she may view it as a form of emotional betrayal or an unrealistic standard she cannot compete with.

She might worry that he prefers self-pleasure over her, or that she is no longer enough to satisfy him.

Even if she is the one who declined sex, seeing her partner masturbate can trigger several complex emotional responses.

Understanding why this situation triggers anger requires looking at the emotional and relational reasons behind it.

A woman has a right to feel whatever emotions naturally surface—including anger, confusion, or insecurity—but she does not have a healthy or constructive right to demand that her partner suppress his own sexuality if she has chosen to withdraw from it. Emotions are spontaneous reactions, but whether that anger is logical, fair, or healthy for the relationship depends entirely on why she is angry and the underlying dynamic between the couple.

Does a lady who refuse to have sex with her man, have the right to get angry, if she sees him masturbating himself?

A lot of people prefer having a girl as a sales person, but personally, I prefer a guy.

I find it easier to communicate with guys when its work or hustle related, and from my experience, they tend to move faster and give me fewer excuses.

Since this guy started working with me, many sales girls have come and gone. It’s either their father or mother says they are going to the village, they have stomach pain, their boyfriend says they should stop working, or the work is too stressful. 😂

And of course, because it’s a girl, I have to understand before story fit come out oooo. 😂

One even told me she wanted a job where she could resume by 12pm and close by 3pm. 😂 I told her to go and teach at an evening school, but she said she didn’t want to teach.

And the funny thing is, none of them left because I was a bad boss or because I didn’t pay well.

I just wasn’t lucky with sales girls.

The day I decided to try a sales boy, I rested small. 😂 I like people who are active, ready to work and don’t need plenty convincing before doing what needs to be done. And i pray he doesn’t change ooo because no one is perfect.

At the end of the day, everybody has different experiences, but this one is mine