₦airaland Forum

I think what is most important is for the foreign chocolate makers to site their factories in these four countries and export the finished product to other parts of the world.

mikeapollo:
What is important is for the farmer to know the price on the international market and willingness/capacity of the local buyers to pay exactly or something very close to that. The local buyers in this instant would be chocolate producers, manufacturers, and even govt agencies. If this can be done consistently and fairly, the local industry would be better for it.

The asset sale will definitely add to its profit for the year.

yMcy56:
Street, with ACCESS starting to sell some assets, I think it's a stock to keep eye on now....

I know Oga Nosa2 and some Ogas have been mentioning it too...

Make them leave our Access bank alone joor.

mikeapollo:
At the last AGM, AIG said their intention is to comply with the CBN regulation within the 12 months window stipulated, so Access MAY pay dividend for this year if they can achieve that.

Simple!
From bandits phone log frequently dial numbers were profiled, family members identified listening to audio of conversations and using nin they were located.

Streetinvestor2:
Share reliable link on this development and claim
You mean after they released the captives. That was received by the government in distance that took the released people like 2 hours to get to whr military was met.
The bandits now waited for the military to come attack them.Am I missing the narrative. Who are the bandits family and how did the government get to know them and thr addressees

Access bank time will come.
We are already salivating

toyeoye:
👀 UBA wants the full 10%.

What started the day at +0.2% has expanded to +9.27%.

📈 now ₦44.80 per share
⚡ Just 0.73 percentage points from limit up
🏦 Among the strongest banking movers on the board today
The session isn't over quite yet.

Its rational analysis. If Access bank mates are trading above N100, the least it will be should be is dance around N70. The trigger is interim dividend.

Streetinvestor2:
So you get target of 70 for access. They say dream's do come true. I wonder whr other banks like uba go dey then

Perhaps they got a hint about interim dividend.
The numbers exchanging hands have been low this week.
There's a reluctance to sell by the people.

yMcy56:
ACCESS no wan gree for anybody o...
Is this in anticipation of hope for interim dividend??
Presently selling around 24.50/24.75 in market...

Royalex is not an insurance firm.

PuristForest:
ROYALEX Steadies as Insurance Sector Seeks Recovery

Royal Exchange Plc remains one of Nigeria's oldest composite insurers, operating across life, general, and health insurance lines amid a challenging macroeconomic environment defined by persistent naira weakness, elevated inflation, and compressed consumer purchasing power.

https://ewnation.com/royalex-steadies-as-insurance-sector-seeks-recovery/

Not financial advice.

ZICHIS Agro Allied Gains from Nigeria’s Food Push

Zichis Agro Allied Industries Limited operates within one of Nigeria's most strategically prioritised sectors, as the federal government continues to push import substitution and domestic food production to ease chronic food inflation that has kept headline CPI elevated above 30%.

https://ewnation.com/zichis-agro-allied-gains-from-nigeria-s-food-push/

Not financial advice.

Access sold around 15 million units yesterday too.
One buyer brought 11 million units.
The village people holding down the bank are unwilling to sell?

Agbalowomeri:
ACCESS sold only 14m units today

Abi dem don sell all 55B outstanding shares finish ni

They will tell you it affects the stock market. I ask which part of their political opinion affects the market.
Very annoying.

Jaakay:
From politricks to geography, in a stock market forum. I just tire.

Access bank is on a different level today. Less than 2 million units have changed hands as at this time of the day.

They are lucky no to have radical muslim popluation.

Savenigeria2023:
South Africa will eventually turn out to become a version of a black nation no country will want to be like. They already pressed the self destruct button.

The moment he put hand for the stock I know say wahala go dey!

Ocallen:
STOCKPROMOTER, where at thou?

Thats my prayers for Access bank.
It should wait for me at its current price biko.

mikeapollo:
If Access stays around current price till end of July, I would like to load more before they release Q2 results.

ACCESS bank directors are buying the deep as well

Agbalowomeri:
You sha wan follow ACCESS enter grave

Access Bank, CBN’s ‘FHC Draft’, and the dividend puzzle

The Central Bank of Nigeria’s (CBN’s) June 2026 draft guideline on Financial Holding Companies has reignited debate around bank dividends, capital buffers, and the structure of banking groups. At the centre of this is Access Bank/Access Holdings, whose management has repeatedly stated that it has resolved all regulatory restrictions except the 10 percent foreign subsidiary investment limit. Understanding the dividend outlook requires separating three distinct issues: structural compliance, forbearance, and CBN verification.

Structural compliance: The 10% rule is resolved

For years, Access Bank Plc breached Section 19( of BOFIA, which limits a bank’s investment in foreign subsidiaries to 10 percent of shareholders’ funds. Access expanded aggressively across Africa, and by FY2025 its international operations accounted for 33 percent of loans, 23 percent of shareholders’ funds, and 52 percent of PBT [profit before tax]. At its AGM [annual general meeting], the chairman stated that foreign subsidiaries are now “already sitting at the FHC,” meaning that Access Holdings, not Access Bank Plc, owns them. The June 2026 draft formalizes this by allowing FHCs to hold foreign subs directly and ring-fence the Nigerian bank. Management was also given a 12-month window to remediate the position. By this metric, Access has exited the structural restriction. The comment that “the money to pay is sitting at the FHC” reflects the cash raised from the 2024 rights issue and earnings from non-bank subsidiaries like ARM Pensions and Access Insurance.

he forbearance block: Cash, not structure
However, the bigger barrier to dividends was never the 10 percent rule alone. In February 2024, CBN issued a circular suspending dividends, bonuses, and foreign investments for banks under regulatory forbearance until they exited forbearance and were independently verified as compliant. Forbearance allowed banks to classify large ‘Oil & Gas loans’ as “performing” despite stress. When forbearance expired in Q1 2026, peers like United Bank for Africa (UBA), First Bank of Nigeria (FBN), and Ecobank saw NPLs [Non-Performing Loans] jump above 10 percent as those loans were reclassified. Access Bank was the outlier with NPL at 2.5 percent, indicating it had provisioned more aggressively or had a cleaner book. This means Access has technically exited forbearance, removing the primary regulatory block that CBN tied to dividend suspension.

The new 20% HoldCo buffer and CBN verification
The June 2026 draft adds a new condition: FHCs must maintain a minimum 20 percent capital buffer above the Nigerian bank’s CAR [capital adequacy ratio]. This buffer must be held at the HoldCo level and cannot be lent back to the bank. It is designed to ensure the HoldCo can absorb shocks from foreign subsidiaries without destabilising the domestic bank. Access Holdings may need additional capital to meet this, but the cash from prior raises suggests it is better positioned than peers. Still, CBN’s last directive remains: dividends are suspended “until such a time as forbearance is fully exited and capital adequacy is independently verified.” Even with forbearance expired and structure fixed, CBN examiners must verify cash provisioning and CAR compliance before lifting the ban. No new circular has done this yet.

mplications for Access and shareholders
The dilution and dividend impact differs by bank. Zenith needs minimal capital and will see the least EPS/dividend hit. Access already diluted shareholders in 2024 and faces moderate dilution now, but its low 2.5 percent NPL puts it first in line for dividend resumption. FirstHoldCo and UBA face higher dilution and dividend risk due to larger capital gaps and NPL shocks. Analysts like Renaissance Capital still forecast 2028 for Access to resume dividends, but that assumes slow provisioning. With forbearance expired and NPL at 2.5 percent, Access could be approved earlier if CBN verification is swift.

Conclusion

Access Bank has solved the structural problem: foreign subsidiaries are at the HoldCo and the 10 percent rule is resolved by the new draft. It has also solved the asset quality problem: forbearance expired and NPL is lowest among FUGAZ. What remains is CBN’s verification of cash capital and provisioning. The chairman and the managing director are correct that the money exists at HoldCo, but CBN rules prevent the bank from upstreaming dividends until formal sign-off. Once CBN confirms compliance, Access Bank Nigeria can pay dividends to Access Holdings, which can then pay shareholders. The timeline is now in CBN’s hands, and Access is best positioned among its peers to be the first to resume payouts.

My ACCESS BANK!

toyeoye:
🔴ACCESSCORP is back near 52-week low territory.
At ₦21.90 (-4.37%) intraday, the stock is only ₦2 above its 52-week low and has erased almost 40% from its 52-week peak.
The selloff isn't slowing down yet. 📉🔥

Its the easiest job to get in the U.S. Even a cripple would get enlisted
They are in constant need of manpower and the scholarship enticement is irresistible.

Ppogbae:
Why? Are there no other career options? Why do Black foreigners always join the US Army?

ACCESS will break out upon dividend payment annoucement.
The bank is being punished more than it deserves.

Yoursfaithful:
Na JAPAULGOLD and Access senior brother be that..they all belong to the same whatsapp group

Lagos, Nigeria — 23 June 2026 — Ellah Lakes Plc (“Ellah Lakes” or the “Company”), a leading indigenous agribusiness company, today announced key operational milestones across its processing and livestock businesses, reflecting continued progress in the execution of its integrated agribusiness strategy. The Company has acquired the first set of expellers and presses for its Palm Kernel Oil (“PKO”) Mill, marking an important step in the development of its palm kernel processing capacity. Installation is expected to be completed by the end of Q3 2026, after which Ellah Lakes plans to commence the production of Palm Kernel Oil and Palm Kernel Cake (“PKC”). This milestone supports the Company’s broader diversification strategy and further strengthens its integrated agro-industrial platform. The addition of PKO and PKC production will enable Ellah Lakes to capture further value from its oil palm operations, expand its product base and deepen its participation across the agricultural value chain. In addition, Ellah Lakes has surpassed 1,000 pigs on its farm, reflecting continued progress in the scaling of its livestock operations. This achievement positions the Company as one of the leading piggery operators in Edo State and reinforces livestock as an important vertical within Ellah Lakes’ integrated agribusiness model. The livestock business supports revenue diversification and near-tomedium-term cash flow generation as the Company’s plantation assets continue to mature. Ellah Lakes has also commenced the sale of gilts, creating an additional revenue line and supporting the development of a broader livestock value chain. As part of the next phase of growth, Ellah Lakes plans to proceed with the installation of its abattoir and cold chain facility. This is expected to support the Company’s longer-term strategy of scaling its piggery operations, improving processing capacity and enhancing market access for livestock products. Commenting on the update, Chuka Mordi, Chief Executive Officer of Ellah Lakes Plc, said: “These milestones reflect the continued execution of our strategy to build Ellah Lakes into a more integrated and commercially resilient agribusiness platform. The acquisition of equipment for our PKO Mill advances our move into higher-value processing, while the growth of our piggery operations strengthens an important cash-generating vertical within our business model.

Regency Assurance Rights issue is not listed there.

otomatic:
Why not use NGX invest
https://www.invest.ngxgroup.com/

Bro im into this. Is dividend happening?
Please update.

Redoil:
WHO DOES THIS
To facilitate the processing and payment of your accrued dividend on the ChapelHill NREIT Fund in U.S. Dollars, kindly provide the following information

My Access Bank as always no disappoint

Waiting at N2.70 otherwise...

KarlTom:
ELLAH @8.60 ...

Moderator should please remove those discussing Iranian war with U.D and Israel.
I visit this page to read about the stock market.
These other discussions are annoying.
There's a political section to discuss it.

https://nairametrics.com/2026/06/20/ngx-changes-how-stock-prices-move-how-it-affects-your-returns/

Experts in the house the new price movement rules is unfolding.
One can only hope .

Don't get excited about their results for the past year. Most insurance companies recorded losses. I dont expect anything less from Regency Alliance.

sterlingD:
They should do and release their AFS 2025 and Q1 2026 result

Meanwhile l saw on the right issue circular the right issue dates below but with the current price of the stock will the right issue price get the desired attraction

Open Date 22 June 2026
Close Date 3 July 2026

I thought the CBN regulation says an individual cannnot hold more than 5% stake in a bank.

yMcy56:
Femi now controls 20.42% equity shares of First Bank....
Above 100 still beckoning once papa is ready....😊

** Meanwhile, accumulations is still ongoing in NASCON....
I hope it's not Ote$$ that's taking position here as well....

We need to know who's behind the 70M units of DANGCEM crossed yesterday and those accumulating NASCON....
Something seems fishy here...

If its true, great! Let them start right away

yMcy56:
BREAKING!!
NGX INTRODUCES NEW RULES FOR PRICE MOVEMENTS!!

* NGX going back to old rule of share price movements.....
* NGX is yet to make official announcement...

** This may change some things in the market........ Anything to stabilize and move the market forward...

*Nairametrics*

The new Holdco guideline is just a draft. Input from stakeholders will take place before CBN takes a final decision. Anyways, I am in ACcESS Bank for long.

handsomebolanle:
I doubt in any dividend from access..
With the new cbn guideline to be effected next month. Access bank will be affected. And niw, they have multiple issues to deal with. Their risk exposure is so high.

I feel for the guy. He really loaded Access bank. And at that price!
I entered loads at N24.70. I am as calm as a breeze
Dividend announcement will come and dead bones shall rise again.

mikeapollo:
A good way to ''stop accepting all sorts of nonsense on this forum'' is to ignore and focus on what matters to you.
In any case, comments like that are mostly for comical relieve. The same person may even have millions of the stock that he wishes the price crashes so he can buy more.