₦airaland Forum

Royalex @ N0.87k. It may go as low as N0.50k if the trend continues.

Thats your experience and opinion. Noted. But to reply disrespectfully to another person comment is not good.

Streetinvestor2:
I am 20 yrs now but I remember how I use to spend kobo to ride bike round primary school field in the North in the 80s.
This one has the record of the worst president I have known since I was born @ 20yr now..lol

I dont know how old you are but I recount the era of Shagari very well. There is scarcity of essential commodities, essenco it was called then. Up till this government no Nigerian government has served the masses well. All they do is give the masses hope. The masses are the ones at the receiving end of their never ending "reforms".
Obi and Atiku will not offer anything different.
And you should also know how to reply to peoples comment without being disrespectful. What I am saying is my opinion.

Streetinvestor2:
What trash is this one.What is no Nigerian government has ever helped the masses. Thr is no kind of rubbish I won't hear from people supporting this government. What other thing did u want from the past government beside making standard of living good for majority,protecting lives and property. And Nigerians did not have that in obj,Yar'adua and gej government. When they want to destroy gej government they introduced insecurity which is now consuming them too

You are right. But no Nigerian government has ever helped the masses.

megawealth01:
Jagaban no try for the masses joor

It will shock Nigerians that after removal of fuel subsidy prices of goods and service will remain high

Loco himself.

Stockpromoter:
“😂 My brother, na the same golden part I dey find o! AGM resolution came out, but that ‘gold’ we dey expect — the kind wey go make market sit up — I never see am yet. Loco is still on the watchtower. 👀🧐”

Peter Obi and Atiku are saying they will remove subsidy. Sowore too.
But have they and other Nigerians supporting this idea thought of the scenario that could unfold that is typical of Nigerian?
If fuel subsidy is returned today, to the shock of many prices will not be significantly affected and fuel queues will return.
Transport cost would also not be significantly affected neither would house rent, food and school fees.
And of course many state governments would not be unable to meet their financial obligations to workers and the state.
Those Nigerians would wish subsidy was not returned.

megawealth01:
I visited Nigeria shortly but now back to my base... I was in the East, West and North... If Jagaban truly loves the people he should go into the local communities and see what the people are going through. His aides are lying to him

Nigerian Government have anti people policies... Why remove SUBSIDY when you don't have plans for the people...?

This government tried in Nigeria Stock Exchange reforms but in order areas based on my findings they failed the people

© MEGAWEALTH01

I didnt see the golden part. Where is Loco?

KarlTom:
JAPAUL AGM RES

https://doclib.ngxgroup.com/Financial_NewsDocs/47846_JAPAUL_GOLD_AND_VENTURES_PLC-2026_AGM_RESOLUTIONS_CORPORATE_ACTIONS_AUGUST_2026.pdf

Nigerians will be shocked but Peter Obi and Atiku will not when after removing subsidy fuel prices instead of going down remain high and there are long queue everywhere.
And typical of Nigerians, they will say again if only Tinubu had remained president, if only subsidy was not returned.
I will laugh tire...

Like 5 and 6. Make him remain there. Loco abeg no come near Ellah lakes please. Na kpai be that

KarlTom:
Loco and Japaul

Domestic transactions on the Nigerian Exchange Limited (NGX) rose to a record N10.68 trillion in July 2026, surpassing the total value recorded in the whole of 2025 and marking the highest level in the last 19 years.

According to the NGX Domestic and Foreign Portfolio Investment Report for July 2026, year-to-date domestic transactions reached N10.68 trillion, representing 89.21% of total market activity.

The figure exceeds the N9.27 trillion domestic transactions recorded throughout 2025 by 15.21%, highlighting the growing dominance of local investors in Nigeria’s capital market.

Waiting for Royalex at N0.50. I will load plenty and relax.

Access bank volume keeps reducing. Is this a positive sign for the stock?

I dont think anyone can really explain share price or fall on NGX. None ever convinced me.
People cook up reasons even though many atimes the reasons dont add up.
It is just the unique way the market is.

mikeapollo:
The banking industry is a key anchor of NGX.
When FBNH was rising, it had effect on the whole market.
Now that some banks e.g. Zenith are postponing/delaying their H1 results, it is also taking its toll on the market.
Another factor is the Insurance sector reporting some casualties in the recapitalization exercise.
Once these things normalize, the bigger market would respond accordignly

NGX na jijo stock exchange.

londonerr:
There's a strange happening on the ngx that I noticed... Performance is not translating into shareholders involvement or appreciation. It seems the ngx is fundamentally opaque and what influences stock prices are beyond normal fundamentals or normal investor activities....

When Accesscorp released the same statement they got the usual bashing.

mikeapollo:
It is very unusual, and highly suspicious for Zenith (of all banks) to release H1 results in October.

It affect Royal exchange assurance plc. Currently receiving bashing this morning on ngx.
One of its subsidiaries didn't make it. Royal exchange Prudential life. Only Rex Insurance made it.
A big minus for Royal exchange plc.

essentialone:
But Royal Exchange Assurance Plc is still fully in the stock market. Nothing really concern them with NAICOM.

Everybody wan japa
NGX might slam the hammer any time soon.

OBAGADAFFI:
Universal insurance is out on full Offer

It is trading today. NGX is yet to yield the axe

chimex38:
@Essentialone
Well-done for the updates..

Those in universal.....the earlier the better.

Those thinking of buying, shine your eyes.

Any stock wey loco promote dey get accident las las

SonofElElyonRet:
Wey Loco ?
You no dey promote again?
Na God save me . I just buy Guinea and Regal recently without even monitoring their recapitalization efforts

What kind of business sense is in allowing the company to go down when it could have merged with another firm

essentialone:
https://businesstodayng.com/recapitalisation-naicom-revokes-royal-exchange-prudential-life-insurance-license/

Failure to qualify for the world cup, Male or Female should be inserted as a clause in the NFF statute for the sack of the entire board.

Ranching and animal husbandry is not the exclusive preserve of any ethnic group.

So sad that other groups in the country have given the monopoly to the Fulani man.

It is time other tribes train their own in animal husbandry, set up ranches and reduce the influence of the Fulani man in this business.

State governments in the south should set up massive ranches for their people to do animal husbandry and feed themselves with milk and meat.

No one will need to tell the Fulani man to return home.

It may be a ploy by Wale to keep shareholders hoping for a better tomorrow.

mikeapollo:
I guess seeking to list on another exchange is to enable them raise equity/debt capital in dollars/euros.
They need huge funds to clear the commercial loans costing billions in finance costs thereby draining profits.

Yes o! Make I load more units

mikeapollo:
This Access publication should lower the price for some days/weeks ahead

In my village we bury our loved house in the house.
My family have been given the directive to bury me and my wife in my village house bedroom.
My mum was buried in the sitting room.

Royalex is not an insurance firm. Its a financial services company.
It however owns an insurance subsidiary, Rex insurance.

leo1234:
It appears Royalex didn't meet the recapitalization requirements.

Are these one soldiers?
They need to read how much world war 2 soldiers endured.
They are talking of mental health and food? What should the Iranians who are on the receiving side be saying.
Gen Z soldiers

yMcy56 please dont keep some things to yourself Biko!
You may not like the way some persons reacted to your honest comment/contribution, you and they are only human.
However there are some of us here who love and appreciate your contributions to this forum.
If only for our sake please.
God bless you.

yMcy56:
I think the best thing is to be keeping some things to oneself on this platform.

*One thing is that no one can dictate what I'll do or not do to me no matter how you try or badmouth any stock..
I've developed thick skin against such a long time ago.

Ok. If this makes everyone happy here, I'm selling AVA today so we can all wait for it at N1. 😊

Seems they are not employing after the training.

Geregu full offer! Zero bid!

Na fair used Geregu Ote sell. Buyer no know sa na scrap him buy

nessot:
Ote$ don gbe new owners of GEREGU lo handicap