₦airaland Forum

Iamblessed8888:
Dumb!! I’d pick stanbic MMF with monthly compounding and if you dont want stanbic’s rate which is around 15%, first ally MMF offers same 18% and is SEC accredited. STL MMF will even give you 21% or so which is more than the 100k.

Bottom line is you want to put such amount in a SEC accredited investment vehicle and with a company that has way more than that as Assets under management, and with a physical office

I won't say "dumb" because the margin we are calculating doesn't mean much to some individuals. Also, I know there can be many reasons why people do something like that.

I have seen someone do a similar thing so that he could sponsor employment for up to seven people.
I have seen another person do that to facilitate being appointed as a director.
And another person did it as an intervention based on a relationship – to provide liquidity, etc.

Itzlinda:
The two truths can exist at the same time. Borrowed from afrexim bank, to finance the stock purchase, then borrowed from UBA to finance afrexim

Loans from banks like Afrexim Bank cannot be structured like that. Such loans typically come with a very favourable interest rate, a moratorium period, and a medium‑to‑long‑term tenor.

What we don't know is what he used as collateral for Afrexim Bank. Banks are not supposed to borrow with the intention of using the loan's purpose as collateral.

Streetinvestor2:
Why will he want to sell when he knows it will still double next yr with the new government..lol
He is enjoying benefits of highest shareholder and possibly represented directly or indirectly on the management team

He doesn't need to sell – he can use them as collateral for another loan.

He was also appointed as a director at the last AGM. He's now an insider with skin in the game. So he'll either make the company succeed or screw investors over.

Fortunately, there are still institutional investors, some foreign. They won't easily allow cowboy antics, unlike in many other companies.

PuristForest:
Putting an entire ₦194 million nest egg into a single fintech app creates a concentration risk.

Hum, do you know the exact size of his networth? What if the ₦194 million is just 1% of his networth?
Men are in sizes as life is in phases.

PETERiCHY:
Soft Reminder 🎗️

Sell in May and Go away Promo is currently taking place

BARGAIN HUNTERS TAKE NOTE

What should we do?
1. "Sell in May and go away" ... and come back and buy when the prices wpould have gone down.
2. Keep the stocks and "Buy the dip" and keep buying the dip.

The problem with no. 2 is where do we get more money capital to buy the dip and keep buying?

Any other alternative/approach.

Please advise.

aybabz101:
Pastor Adeboyea never discredited Jonathan.....

I weep for Nigerian youths ooooo....

Please bring out you facts.....it's high time we start talking with reputable news link ..

Please post the link to a reputable newspaper and let's discuss when pastor Adeboye discredited Jonathan

Don't mind them, there is a front page picture where Jonathan was in the RCCG Camp and Pastor Adeboye laid hand and pray for him. I haven't forgotten the image.

Tenses:
Story

Did he give GEJ that ultimatum before he hit the street with his congregation.

EWho made us this way?
We are talking about now 2026 and some people are stuck in 2015. It is well.

Oasisblue:
Not touching this with a long pole.

I sold my Tesla stock since he turned full-blown MAGA. I cant be using my hard earned money (no matter how little it is in the scheme of things) to further enrich someone that has not hidden his h8te of black people and people of the Muslim faith.

Sorry, If I may ask, how do someone buying Tesla stocks enrich another owner of Tesla stocks? I am just curious!

Streetinvestor2:
Based on the ones contesting BAT is not an option for 2027 aa he has failed for the first tenure...I hope the French is now clear

Hummm, I pick him as an option because I don't want another trial and error (or reversals like the Yaradua administration) for another 4 years.

I welcome one from you Sir, maybe I can consider and change my mind.

Streetinvestor2:
They have not achieved any thing macro economy or micro economy wise.
No wonder you feel thr are no good Nigerians that can perform

Haba, boss, please understand me. I'm not really saying there are no good Nigerians who can perform. My focus is on the people actually coming forward. Let's be realistic – we can't just pick any good person from the 200 million Nigerians for 2027. The only options are the ones we're discussing now, the politicians, contesting in 2027.

mikeapollo:
You see, even though your analysis may be right, Tinubu could end up winning 2027 if it happens the way you put it.
Because a similar thing happened in 2023. Tinubu did not score up to 40% of the votes but he became president because Atiku and Obi shared more than 60% of the votes between themselves.
The Nigerian electoral law should have insisted that a president must score 50%+ of the votes, but instead, it says ''majority of votes cast''. So effectively, 34% of the votes can make Tinubu president if Atiku and Obi score 33% each (making 66% in total).
The surest way to defeat Tinubu is for the 2 strongest contenders (Atiku and Obi) to join forces together on a single ticket, but everybody wants to be ''presidential candidate''.
The more the opposition split into smaller groups and factions, the easier Tinubu would use ''all means possible'' (you know what that means in Nigeria's elections) to ''win''.
If the main focus is to defeat Tinubu by fair means at the ballot, then strategically speaking, an Atiku/Obi ticket is stronger than an Obi/Kwankwaso ticket. (I am not saying Obi is not good or is inferior to Atiku, but only referring to the strongest possible combination of candidates, for now.

The concept of "defeating Tinubu" is the most annoying thing to me. Yes, after defeating him – what next? Nigeria and its issues are much bigger than any individual – Tinubu – or any administration – APC. The real question is: What are you going to do differently? What are your ideas? What are you bringing to the table?

How will you improve security, resolve insurgency, reduce government overspending, reduce and eradicate poverty, fix education, implement free and fair elections, eradicate corruption, create employment, and provide healthcare for citizens?

How will you pay off our debts, stabilise the Naira, build foreign reserves, etc.?

Our focus should be on ideas and not on personality/administration and the contestants haven't done sufficient justice to that.

zendi:
Chimex38, a few hours AFTER our Saturday conversation, BBC PIDGIN department came out on Sunday with a report parading even more JIJOISTS.


Did we inspire the BBC story, were we in telepathy, or was it simple coincidence?


https://www.bbc.com/pidgin/articles/cx21z3g9d3qo



Just catching cruise though.

This is not new, we have had 17 contestants on the ballot before, they are not up to that number yet.

deathwing:
Una own no pass money. Some people's children are dying inside bush while a FirstLady/Her Son is in a convoy of 35 cars, money that should have been used for security, but una own no dey ever pass the 200% gain una make for Zenith bank on the NGX. See the kind of news we are used to hearing (reference 2024 paper I was thinking about recently )

Let's not be naive here. The issue of insurgency, banditry, etc. is more than just who sits in Aso Rock. As I stated earlier, I don't think anyone else being there would make these problems go away. This crisis has spanned five presidents and remains the single most important problem facing the country.

Now, has any contestant provided any idea that could help us with this? Does anyone truly have a plan? If so, they should bring it forward. The government is clearly clueless. Army generals are being abducted. Vulnerable women and children are also being taken. There is no honour left among the terrorists – they have become animalistic.

The closest solution I see is stronger affiliation with the US Army. We need to pursue this more aggressively and do it well. This administration is already taking steps, but they need to intensify their efforts.

Pete002:
So my own concern now is not just about removing, but who is going to take over and deliver better results?

Same here. I still don't see any current candidate who can deliver something truly different.

This administration has performed better on macro‑economics than most past ones. Think of macro‑economics as the infrastructure; micro‑economics is built on that, and it's micro‑economics that actually improves people's lives sustainably.

So I'd rather stick with APC/Tinubu for another four years. Trust them to build on the macro‑economics and then focus on micro‑economics that benefit citizens widely – instead of another four years of trial and error with any of these other candidates.

isaacosas01:
This nonsense about APC winning i don’t get it?
It’s like it’s spirit that will vote for him cause everyone i know in my life, friends, acquaintance, colleagues, i know only one person in those 100s of people that supports Tinubu.
This talk reminds of when people were saying Obi’s supporters are only online like people online are ghost - well those ghost online gave him over 6 million votes.
Tinubu is hated by everyone but u somehow believe that he is going to win - How? Will they get spirits to vote him.
See if elections hold today and Tinubu will come out 4th place.

Lol! Even hatred isn't enough. He's survived too much of it.

People may hate Tinubu, but they don't vote for a person alone. If they did, Osinbajo – the widely liked former VP – would have won. People vote for associations, institutions, systems, structures, corporations, achievements, experience. Tinubu had more of those than any other contestant. That's also why Atiku always wins primaries.

As for the Obi supporters you mentioned: they weren't originally his supporters. The movement started with EndSARS and built momentum. Their mistake was rallying behind Obi – an old‑guard politician, even if slightly different – instead of a completely new face untainted by Nigeria's past failures. That would have won. Sadly, they're repeating the same error.

Streetinvestor2:
OK I take back that line of sentence. No vex

WoW!
Much appreciation and respect Sir!
I didn't see this coming, especially on a faceless online forum. Thank you Sir.

Streetinvestor2:
As I believe thr are good Nigerians with integrity. I equally believe I am one in such category just like we see some on daily basis..It could equally mean you are among the bad Nigerians too.
You can't tell me in a population of over 250 million people we cannot get the good numbers of people for this positions you mentioned.
Then again you believe u have them in the companies u invest your money in it.
Are you saying in your village, place of worship, neighbours , business/offices etc
If you are asked to point out good people you won't be able to bring out any.And in leadership. When the head sets a standard and personal adheres to it.Everyone down the ladder will sit up because they know thr will be consequences for unapproved standard.

Good submission. I agree with most of it.

So why aren't we lucky enough to have such a person in those positions for real change? Are good people avoiding these roles? If so, why? As things stand, politicians have hijacked everything – I don't see an honourable one among them. I gave up when I saw the Labour Party decimated and laden with financial issues after the last election.

Someone visited Dangote Refinery and wondered: why not let Dangote run the country? Another visited Canaan Land and asked why Ogun State can't be given to Bishop Oyedepo. Someone else went to Shell camp and questioned why Shell shouldn't just run Nigeria.

But your write-up would have been more mature without the line: "It could equally mean you are among the bad Nigerians too." You're a grown adult – please learn to be civil.

Streetinvestor2:
That less than 1 million people who majority won't be voting in 2027
As many in that class will say they don't have time to waste voting. The 63% hungry and poor will be the ones likely to do the voting in 2023.And many of them don't even know what ngx means

Any time I see people who think that another person being president would have done anything more significant, I always wonder: is such a person bringing Europeans to be ministers, governors, senators, reps, military, police, customs, civil service, politicians, etc.? Or will that person still use the current crop of Nigerians?

GeneralDae:
Then why did he take NNPC and NMPDRA to court?

Oga, there is no absolute in business. the fact that you prepare for exports does not mean you discard local consumption and vice versa. Businesses needs both and good businessmen will go all the way to win on both sides.


The Dangote Refinery has rapidly become a central pillar of Nigeria's economy and a major force in global energy markets, with its export operations expanding significantly in 2026. The refinery is making Nigeria a net exporter of refined products for the first time, reaching markets across Africa and into Europe

🚢 Key Export Milestones: A Timeline of Growth
The pace of the refinery's export growth has been remarkable, evolving from domestic supply to major international shipments in just a few months.

🌍 Dangote Refinery Export Destinations
The refinery's exports are reaching a wide array of countries, highlighting its strategic importance in global fuel supply chains.

Africa
Dangote Refinery is actively supplying petrol (PMS) and jet fuel to many African nations, including Côte d'Ivoire, Cameroon, Tanzania, Ghana, Togo, Mozambique, and Kenya. Since the onset of the Middle East crisis, it has reportedly supplied refined products to 11 African countries. In one notable transaction, the refinery sold 12 cargoes of PMS (456,000 tonnes) to traders destined for several West African countries.

Europe
Europe has emerged as a major destination for the refinery's jet fuel. This market has seen explosive growth, with exports jumping from 30,000 bpd in April 2025 to 70,000 bpd in April 2026. This growth has been driven by a 75% increase in exports to Europe, making Dangote a vital alternative supplier during supply disruptions. A key metric is that the refinery's jet fuel exports are expanding beyond the UK to the Netherlands, France, Spain, and Italy.

The Americas
The refinery's reach extends to the Americas as well. It has exported jet fuel to the US, with one shipment exceeding 2 million barrels. Additionally, its urea production is primarily exported to the US and South America.

📈 Export Volume Milestones
The volume of exports has increased dramatically, reflecting the refinery's growing operational capacity and market influence.

Product Volume / Time Period Key Context
1. Jet Fuel 57 million barrels (over 2 years) Achieved world's largest exporter status in April 2026
2. Total Exports Doubled to 158,000 bpd (April 2026) Rises from 81,000 bpd in December 2025
3. Jet Fuel (Europe) 70,000 bpd (April 2026) Up from 30,000 bpd in April 2025
4. Petrol (PMS) 434 million litres (March 2026) First-ever net exporter of petrol

The refinery's success in exporting jet fuel, in particular, has been notable. From humble beginnings, it has grown to become the world's largest exporter of jet fuel, a testament to its production capacity and the quality of its output.

🛢️ A Net Exporter of Petrol
One of the most significant milestones was reached in March 2026, when the refinery exported 44,000 bpd of petrol, which was enough to create a surplus of about 3,000 bpd—turning Nigeria into a net exporter of the fuel for the first time in its history. This success is built on the refinery's scale, which includes a capacity of 650,000 barrels per day (bpd) and has allowed it to operate at up to 94% capacity.

nosa2:
In this game we are not playing alongside each other we are playing against each other. When you see your opponent making a mistake it is not your job to correct him.

While that is true, buyers vs seller and vice versa everytime but for the stock market is different, the scale is very large, we are talking about several thousands of buyers vs several thousands of sellers, so it is not exactly one against each other as such, except you are playing at the level of Tony Elumelu and Otedola.

GeneralDae:
Imports of 20% shouldn’t be an issue. Nigeria’s market is a $10 Billion market on a good day. Dangote can also export what is left to earn dollars right away.

Dangote has prepared for that anyways. The refinery is much bigger than what can rely only on a single country's consumption. It is serving and will continue to serve the region and beyond.

megawealth01:
‘’Nigeria is dead, lets not deceive ourselves. Let me tell you something. Once you are counting in Naira, you are poor. I was not born poor. My father's salary in the 70s or 80s was about N18, 000. That was money. How much is a billion Naira today in dollars or N1.4 billion in dollars? $1 million. Do you know what a billion Naira was when I was 15 or 16? $2.8 billion.''

‘’They have erased it out of our academic systems. We do not research data to know what our future looks like. So we are not doing the critical thinking so we have no combatant against our subconcious foolishness''

Pst Adefarasin Paul

Who are "they" that removed it? And when did this happen?

We are quick to embrace conspiracy theories. But let's assume something was removed – whether by accident or on purpose. Has anyone from any quarter actually raised the issue through proper channels, or formally requested its inclusion?

mindtricks:
Including those being beheaded, kidnapped and murdered by the terrorists whom you treat with kid gloves, horror you refuse to acknowledge and deal it. They will all vote you because they are benefiting from you. Clap for yourself.

This is the problem I have with our Nigeria. Nigerians are almost gone – we treat one another with untold wickedness, by omission and commission.

Was Trump in the Middle East shooting rockets and drones? Did the UK Prime Minister go to teach children in schools? Is Trump the one serving as Local Government Chairman or DPO responsible for basic education, healthcare, and security in a remote US local government? No.

So why are we not asking the real questions? Why are Nigerians at every level of governance – and in private and public sector positions of responsibility – so often incompetent, non‑performing, and redundant?

We live under the illusion that once someone becomes President, everything will magically fall into place. You will be surprised – unless we start looking in the mirror.

soccerlite:
Where's he going to get votes from?

Only a Dundee will vote for tinubu

Just sit down there, 10 million (physical and confirmed) dundees, loyal to him and the party just voted for him in the primaries.

Their beneficiaries will vote for him in the general elections also, together with their supporters, families and associates, all the party candidates for governors, senators, states and national assemblies reps. etc, and their fans; all the political appointees into boards, ambassadors etc. in his administration and their beneficiaries will also vote for him in the general elections too.

As hard as the administration is, some people are beneficiaries and they are not ready to let go yet. Don't think it is only Tinubu that is benefitting from the country at the moment.

Joy2world:
Guys please what app can one use to convert Naira to Dollar for someone abroad.?

LEMFI

narite:
After 22 Years? It is way too long for any man to be a failure.

It is not like I am making a mockery of any sorts, but 22 years is way too long for a man to go broke. It is long, man!!!

I Rejoice with them.

To put things in perspective: 22 years of trying just 1 goal - The League Title. There are somany other successes in the 22 years, new stadium, many FA cups, many years of profitable balance sheets, etc. are in the 22 years.

Antoeni:
Dangote Will Not Like This Progressive Development

Dangote Group has already taken care of such risks by massively scaling their refinery, the refinery is too large for Nigeria and was strategically located to be export focussed. They kno once the break the ice, several Nigerians will want to do the same thing and start crying monopoly.

feelamong:
whether transfered to Trust or willed to next of kin...na same same

make sure you are eating from your sweat as you make money...

I inherited quite some assets from my late dad and seeing how the man suffered to keep all those assets doesnt make any sence to me...

I will make money and eat it well..all i owe my kids is good education and I have always told them that...anyone waiting to inhereit any thing is wasting his time, cos there wont be any ....anything i cannot chop finish will go to charity St Vincent de Paul

It is your fault if you raise people who are waiting to inherit things from you, raise them as you grow also.

You will be surprised how 10 year old children are into investments, shares, etc. under their parent's tutelage.

Each of my friends children have portfolios and they will prefer to add money to them than buy expensive clothes, they are both under 15.

ositadima1:
You are now glamorizing borrowing and making loans sound attractive. The moment people get burned, and it is almost certain that some will, you will find a way to distance yourself from it, and your supporters will still show up to defend you.

Let people make their own choices. Some may find success in speculation, others in trading, while the more risk-averse ones may prefer fundamental investing.

I am all about freedom of choice.

With due respect Sir, what is your own?

People asked a free question and someone generously answered and give a practical guide.

BTW, I believe everyone here may not be perfect but we cannot say we do not know what we are doing sufficiently enough to take full responsibility.

mikeapollo:
The nation is governed by laws, rules and regulations; not by the sole antics, whims and caprices of a president! The president cannot be wiser than the constitution and laws by which the country is governed
Where in the constitution or any law is the president granted powers to do such without concurrence or approval by national assembly?
He is a constitutional president, not a king!

And you are grandstanding saying ''we'' should ''think deeply'' before making comments. In other words, the person whose post you quoted (i.e. myself) probably did not ''think deeply'' before making those comments. Clever you!

Now, it is your turn to ''think deeply'' before commenting and tell us if the action of the president is lawful, or even promotes accountability and transparency.

Have you heard about Executive Order before? The President do have some exclusive powers in democracy.

I feel there are so many things in Nigeria that are so twisted. e.g. expecting those who are benefitting from the flamboyant cost of governance and corruption to be the ones to implement policies that will remove it.

SonofElElyonRet:
So I'm curious.. is NNPC worth buying when they do PO in view of their "emasculation"?

For me, it is neither here or there for now since I haven't seen the structure of their books. May be we should start by checking their last year report where they claimed they made a profit of N5.4 Trillion.

The book should be subjected to all the metrics (EPS, OS, EBITDA, PNL etc.) of a listed company before such decision is made.

I personally don't think I will buy in as much as government's/politicians' hand is still in it to the extent that they have to choose the GMD etc.
I will be contented with Seplat, Aradel or go to NYSE and buy Shell, Chevron, Mobil even Saudi Aramco.

promami:
Were all these vehicles transported from America for this visit or the Chinese already provided all these?

If they transported all of them from America, then forget it, America is whom they think they are.

Watch this video: The Insane Logistics of Transporting US President Trump's Armored Convoy


https://www.youtube.com/watch?v=YZTHrKxd16k&t=234s