₦airaland Forum

ppogba:
But someone who has been to Egypt thinks the solution to Nigeria' s power problem is generating 10,000 MW from the moon.

Truth is, not until people get there before they know the problem is deep.

If anyone is elected today and spends the entire first four years facing a problematic sector in Nigeria, he cannot solve HALF the problem.

Not until aspirants recognizes the fact that the education sector starts from the primary to the tertiary with all the attachments.
Not until they recognizes the fact therein in the health sector.
The seemingly simple one, the sport, na when you face am you go know wetin dey.

But of course, all are saying what there supporters wants to hear.

The problem is not deep. It is not rocket science. If we are even seeing traction, we can say let's manage but after 4 years no measurable progress. Absolutely nothing! Instead it went from bad to worst. Any CEO who delivered such a bad KPI result would have been sacked a long time ago. The worst part is they spent billions deploying solar on government house and left us to rot, instead of using the money to pay down the debt.

Oasisblue:
Its the truth. What i know for a fact is that an Obi presidency wont birth any new Nigeria.

Well. There is nothing to lose in trying. The current one no know wetin them dey do. I knew it was one chance right from their appointments. Make another person try. We can't afford to waste another 8 years.

ghm:
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.

This one is emotional analysis.

Streetinvestor2:
It does not matter if it is 20 yrs ago because some people bought it at that price and may still be holding it.So the market has definition of all time high and not what anyone feels...nagode

I am one of them o. I no even know where the certificate dey again.

jckgroup1:
Refunds currently dropping for those who applied for more RI than they qualified for.

Just received mine but it was half the amount. I applied for more rights. I am guessing they only allotted half of my request.

deathwing:
TIP allocation details

Was the right issue also over-subscribed?

Streetinvestor2:
The will pay #50 since you no sabi look q1 results to gadge what full yr result fit be.Na #300 dey go pay

I wan know why that price is a bargain when they can't afford 10% dividend yield at that price?

emmanuelewumi:
E go shock you.

Next destination is between N270 and N300 in the next 12 months

Can they pay N30 dividend this year?

Sunrisepebble:
Was expecting N18+ from MTN
https://doclib.ngxgroup.com/Financial_NewsDocs/46852_MTN_NIGERIA_COMMUNICATIONS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Just marginally short of your expectation. They would have surpassed it if not for the energy crisis.

Zenith dividend N8.75. Make Access no dissapoint o

https://doclib.ngxgroup.com/Financial_NewsDocs/46591_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2026.pdf

ppogba:
And when Trump doesn't sanction, your ilk will go silent like Rufai expecting Naira to Dollar rate at N2000 by December 2025.

So you want me to rejoice that Trump won't sanction our oil?

crownprince2017:
And what is the chance of that happening based on current reality even when trump that wants cheaper oil couldn't devalued it.

Trump will soon leave office is also a good outlook for oil.

When Trump sanctions your oil. Let the government keep playing with insecurity and watch it happen sooner.

deathwing:
Please why was my BUY order for TIP rejected even though it was higher than current price. Who rejected it? I don't yet fully understand how the order book works. Sometimes you see no offers but you can see trades ongoing at the same time.

it was probably higher that the equivalent of the 10% increase. Next time use market price if you want que for a stock that is on full bid

dapix:
So what is the need for POS services, if they would deploy more ATMs, I believe the cost of loading those ATMs will crazy, as seen in the past. CBN directive/circular can change anytime, so dont bank too much on it.

I don't think POS was initially meant for cash withdrawal and there are too many fraud issues associated with it.

Streetinvestor2:
That won't work.They tried it in the past and it failed. The level of insecurity cannot allow it.To even laod atm at bank premises is a problem with banks.
Na who go dey guide those atm

It failed because CBN released a circular then that mandated banks to remove and stop installing ATMs offsite (outside of bank premises) and not because of insecurity. To break into ATM no be beans o. Now they are reversing that policy. I guess it's because of too many POS people now. They have even told banks to make their ATMs accept international cards to make it easier for foreigners to withdraw Naira from ATMs. Innovations are coming for ATM soon.

awesomeJ:
Do you have to quote in ignorance.

Where in my post did I say dollar isn't depreciating.

The currency closed at 1401, if you have a different value why not share instead of rushing to quote me with things I didn't speak on.
Someone says NGX gained 0.12% today, you're quoting him to say "Kano state governor has defected to APC" why not speak solely to what I wrote, and save the garbage for another post where it might make sense?

I spoke solely to what you wrote that you are projecting Naira to be at N1300 this week? I am saying that Naira got to 1,401 solely because dollar became weaker when compared with other currencies hence the Naira appreciation today is artificial and might not get to N1300 as no fundamentals is backing it. Maybe it's the "misleading" word that got you worked up but if somebody read your optimistic post without knowing the underlying factor would think we are heading to the right direction when we are not. I just have an itchy, moral obligation to correct blind sycophants of current government. No vex if you are not one of them.

dapix:
See the financials of a N200 per shares company, it is well with us in this market o!!!

The reason NCR is skyrocketing is because of future earning capacity. CBN released a circular that banks must have 1 ATM per 5000 cards by 2028. This means that there will be a proliferation of ATMs across the country soon, hence more revenue for NCR. It is also going to cost banks. The degree of the cost to banks will be determined by the deployment model they choose I believe. I don't why our regulatory frameworks are backward and always summersaulting.

awesomeJ:
Naira at 2-year high!
1401.22

My 13xx projection only got delayed. It should now happen this week!

This is misleading. Dollar is depreciating and not that Naira is appreciating. Your government didn't do anything to make it appreciate so it is artificial at the moment.

Gokoyer0:
Hi guys,
Who can give me upto 20 stocks to buy in cowrywise with a potential of massive growth for long term purpose? I will really appreciate.

Thanks

Just buy MTN

OBAGADAFFI:
I know somebody will start an argument over this issue.

If you ignore = nothing will happen

If you renounce and trade your rights, your Right Shares will be transferred to the broker for Trading.

Note: I have been paid for most of my Right Issues traded on the Exchange.

Ha! I have been losing money all these while. I have been ignoring my rights. Thanks for this info.

GeeKudi:
Like I said, it is a very strange concept to common sense and perception of justice to talk of 'repentant terrorist'. However, the insinuation that they are being recruited into the military has been refuted by the authorities.

Like the authorities are known for their integrity. They same ones that denied the abduction of the general.

GeneralDae:
I don’t think Naija Eurobond has ever been less than 7% for a long time now. There is usually a 3% country risk they add to what should have been 4-5%.

How does this address his concern?

Sunrisepebble:
It’s a decent result but I don’t understand the rise in general and admin expenses. Staff cost has risen from 8bn to 50bn YoY

The increase is coming from Share based payment to employees. Based on the explanation that it is a 3yr plan, I am assuming such increase will be occurring every 3 years.

https://doclib.ngxgroup.com/Financial_NewsDocs/45312_ARADEL_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_OCTOBER_2025.pdf

Aradel result makes sense.

Agbalowomeri:
The larger part is certainly going to be a loan

I think this days loan to bank executives are disclosed to CBN. I don't know if it's applicable to loans granted by offshore subsidiaries.

RodgersAkpafu:
So far, no one has provided a logical argument ad to WHY the access bank ceo cannot buy the property in Britain

It's all emotional responses left and right
Oww, the money would have done XYZ in Nigeria

Or
Bankers are MEANT to be "conservative"
As if all these city of London bankers splurging money in Hammersmith and other areas of west and central London are aliens from space lol.

As long as the money is not stolen money, he is no position to explain to anyone what he does with his money

It depends on how he got the money for the purchase. If it is a loan from the bank then there is cause for worry because that's how the defunct Skye and Diamond bank started. If he used his money then no problem.

GeneralDae:
What borrowings are you talking about? From what I see, Government actually reduced borrowing so far this year compared to last year.

The year is yet to end and they are requesting for more loan.

awesomeJ:
Drink away N5m??

Calm down na.

The law has provisions that help you minimize your tax burden, you just need to explore them 😁

Where you get that figure from? Even at that it is better you blow it at clubs and bear parlour than allow the tax man steal it.

awesomeJ:
Maybe you're accurate in some of the data.

What I remember is that OBJ left reserves at $60bn when he left, so if you say in 2008 we had reserves above $50bn you might be right.

But where you're wrong is the trajectory I talked about

If we had $43bn before in that period you mentioned, the trajectory was that it had been falling from $60bn, hit $43bn and even fell lower by 2015.

Then shale oil from the US messed up things much more.


Now, this $43bn is from an exact opposite trajectory.

It's one that has come from $32bn just 2 years ago and might hit $50bn in a not so distant future.

So that's the difference.

Then about Dangote refinery, true they're trying to sabotage it, but they'll keep failing.

I expect that we'll soon buy fuel at #750.

You omitted the catalyst in your trajectory analysis. The reserve was falling because oil price and production volume was falling. You are touting higher reserve now because oil price has been relatively stable. The reserve will crash if oil price crashes until it is decoupled from oil, which by the way a substantial amount was pledged for a loan that we did not get value for. I am not seeing any strategic investment from the current government to keep the naira afloat.

Streetinvestor2:
U will pay them CGT over thr
Then u pay PIT as u reside here

This is daylight robbery. So, a salary earner is basically slaving for the government. You pay PIT on your salary. You invest the remaining is US stock and they charge you CGT and when you bring the money home they charge you PIT again. Is it not better to just drink away the money.

awesomeJ:
You're saying this based on data or sentiment??


The currency was stable at 360 from 2017 to 2020, reserves weren't this high,and we were still importing 100% of our fuel consumption.

You can bet against the currency, it's your money you'll stake not mine.

Given the current trajectory, these gains will be sustained and increased.

This is not the first time our reserve was high. Neither is it the second nor the third but the Naira kept on depreciating. Infact, we achieved consecutive trade surplus from 2008 to 2015 before APC came and scattered everything. What is different now, Dangote refinery that they are trying to kill?

awesomeJ:
I think below 1400 sef, some people will start panicking, depending on how much they hold 😁😁

It will still climb back afterwards. All the borrowings are not used to solve the root cause so the appreciation seems temporary. My concern is those that invest in US stocks, will they be affected by the new tax rule given that they are also required to pay tax in US?