₦airaland Forum

If you can drive it to

ugbowo

and mechanic confirm all your claims we'll pay you the full amount 100%.

Meanwhile, anyone with experience about this car, is it okay or does it have known issues?

Please house what happened to FCMB 2025 dividend?

Na so approval from CBN dey take long or make we remove mind?

mayorall:
2024 csr for your reference

https://www.nairaland.com/8293294/1m-naira-corporate-social-responsibilities

As part of our Corporate Social Responsibility (CSR), Mayorall will be giving out 4 pieces of 8th Gen Touchscreen x360 laptops to 4 eligible Nairalanders.

Eligibility Criteria

You must have been a member of Nairaland for at least 3 years.

You must have a history of contributing positively to help fellow Nairalanders.

Your posting history must be free from tribalism, hate speech, or constant insults. Sarcasm alone is not a ground for disqualification.


How to Apply

Tell us:

What you plan to use the laptop for

How it will help you personally, academically, professionally, or in business.


Qualified applicants will be contacted if selected.

Mayorall remains committed to giving back and supporting growth within the community.

Kindly note that a video verification will be conducted for beneficiaries .

All beneficiary will be selected in the next 7 days.

Hi. I plan to use it for full time trading on the Nigerian stock exchange and also use it to teach other Nairaland members how to setup their stock brokerage account and buy stocks themselves without relying on third parties.

The laptop will greatly increase my efficiency and productivity and help me deliver value not just to myself but to others. Using a mobile phone has limitations compared to using a laptop. So I believe this laptop will help me do the things I love better, which are teaching, trading stocks and finding other profitable investments.

I'll be happy to be selected.

Thank you

emmanuelewumi:
I can't be every where?

Used to have over 60 stocks in my portfolio.


I now have about 18 stocks on NGX, 2 stocks on NASD and 8 tranches of FGN bonds

Making 28 securities in the portfolio.

I bought Presco, Nahco, Aradel and Zenith with the proceeds and they are doing well

Please how can one buy on NASD? I have eyes on a particular company that retails gas but they're not in the ngx but they're in nasd

emmanuelewumi:
We are looking at quarter to quarter comparison. Q1 2025 and Q1 2026 and I am saying there will be about 25% earning growth compared to 2025

You're right if that's your perspective.

I am looking at Q1 2026 vs Q4 2025 and I'm believing that later will beat the former.

Prosper307:
you don miss am. Q1 is usually the best quarter. It is very important to understand the business before you invest

It depends on how you are looking at it.
Q1 is when supply is highest and price is lowest.
The buyer will be happy but the seller won't be happy.
Is PRESCO a buyer or seller?
Even PRESCO has told you that they expect revenue to drop in Q1 but you're still overly optimistic. As how na?

Prosper307:
You sabi ball sir. Q1 go shock some people wer no sabi the business. No need for plenty talk.

Over optimism is sometimes not good.

By the time you account for the impact the high cost of diesel will have on their bottom line together with fall in aggregate demand by consumers you'll be shocked that you don't see the results you expected.

The company itself has tappered down their expectations but una still no wan hear.

You forget that Q1 is always slow for such business as the yuletide has ended. Add all the other negative macro events taking place and you'll see that the possibility of the stock retracing heavily is not far fetched.

Well, time is always a great teacher. Let's wait and see

unite4real:
it is currently up by 0.26%

Market hasn't closed yet.

Remember that the 48 hours ultimatum given to Iran expires today. The market will want to see Trump's reaction.

If Trump reacts harshly, the market is going to feel it negatively. Gold is already feeling it.

That's the reasoning behind the prediction.

Let's wait and see how it all plays out.

The ASI is likely to close below 201,156.83 today:

1. Gold price is falling rapidly and will soon fall below $4000.
2. Dollar is rising due to increasing demand for it.
3. Inflation is going up which will cause US fed reserve to raise interest rate.
4. US bond yield is rising so investors are rushing into it.
5. Naira will depreciate further today unless CBN intervenes by selling USD.
6. Nigeria's foreign reserve has been falling since last week and is likely to continue today.

Use all above points to plan your decision today.

sboga:
omo
for a pesin to include hella lakes and hack cess in d same category as the rest of dem toks....de pesin no pe pesin at all na child en b..

presco and okomu...ok sha if the palm oil price should come down drastically.....

children dey among d men at d moment

It's dumb to totally write off any stock or asset because of your pessimism about it.

Do you know how many millionaires Dogecoin and Shiba Inu created in the crypto space even though they were called shitcoins?

Ellah Lakes will get its day to laugh if it manages to put its acts together.

If Tantalizer that has been making loss back to back for more than 5 years can earn a spot on the table then let Ellah Lakes be.

The table is big enough for all.

I don't own any and I don't plan to buy any now cos the stock is overpriced and very illiquid.

It doesn't mean I won't go all in if the metrics change.

Stockhunter:
Is this what you want or what will happen...😊. I can bet you are in heavy cash and waiting for pull back to jump in.. well like peter lynch says, the market does not know if you own a stock or if you are in the market. Remember more money have been lost waiting for market correction than the correction itself...

Nobody loses money by failing to put their money in the stock market. Losing or gaining money is actually activated the moment you commit and enter the market with your funds. Once you are in, price can move for or against you.

You assume the person who is waiting for a market correction is doing nothing with their money while they wait. Who says so? They can be in treasury bills, bonds and commercial papers while they wait. These are low risk and also offer returns that beat inflation in a well managed economy.

The world's greatest investor Warren Buffet has been sitting on a pile of cash and cash equivalents for some months now, waiting for red day. Do you want to call him a fool?

KarlTom:
How is the bolded remotely true?

Let's be factual in our discus...

Diesel price was around N1050 in first week of January 2026. Today, diesel price is nearing N1700 per litre.

Find out how many production plants in Nigeria run on diesel due to unreliable electricity supply. 100% of them do.

If they pay more for diesel to run their plants, what do you think will happen to their cost of production if they decide to maintain the same level of output?

On transportation cost, imagine a third party logistics provider who is contracted by Honeywell flours to transport a truckload of flour from Ogun state to Ibadan on a fixed payment of N500,000 as of first week of January 2026 when diesel price was N1050.

Now that diesel price has gone up to N1700, do you think the trucking company will continue to charge or accept same N500,000 for the same trip?

Take pen and paper and do the analysis yourself. You can disagree with what I've said but do it based on data and common sense. Data and facts don't lie.

Stockhunter:
Hahaha. If access shed 50% no be 10 naira be that... Lol. Wetin access do una now.
Dont put ellah lakes with those stocks you listed abeg..

Access Bank hit N30 in January of 2024 and dropped to around N16 which is almost 50%. So, 50% drop is not impossible, but it will be measured from its ath of N30.

Mankind2024:
​I repeat again.
"Do not bet against the market to shed 50 to 70%".
Prof Agbalowomeri would never tried that despite his strong support for a bear market.
​The Nigerian Exchange (NGX) of 2025/26 is a far cry from the landscape of 2015. It has matured through extreme volatility, proving its resilience by weathering a series of systemic shocks that would have derailed a less evolved market:
​Structural Shifts: Navigating the total removal of fuel subsidies and the subsequent inflationary pressure.
​Monetary Volatility: Absorbing the impact of aggressive currency devaluations.
​Banking Stability: Managing the complexities of the banking sector’s forbearance period.
​Fiscal Reform: Adapting to the implementation of Capital Gains Tax (CGT) and broader Nigerian tax reforms.
​The market isn't just surviving these crises; it is evolving through them.

The likes of Ellah Lakes, Presco, Aradel, Guinness, Okomu, MTN, and Access Bank will shed at least 50% from their all time highs when the time comes. Watch out and check the charts

Mankind2024:
Betting against the market during a crisis has historically been a losing strategy. The "stay the course" mentality is backed by decades of data showing that the global economy is designed to adapt and expand.
History shows the S&P 500 has never lost a war. When the world feels chaotic, markets have survived every crisis thrown at them. This is the reason your portfolio probably will too.

S&P 500 is not in the NGX and there's no strong positive correlation between the stock market where the S&P 500 operates and the NGX.

The only common denominator in these markets is crude oil prices. Once you figure out how revenue, income or loss from crude oil is going to flow during or immediately after the war, you can position yourself to win big.

Will Nigeria benefit from rising crude oil prices? Yes, more revenue will flow to the government but it's going to end up in areas that don't directly impact on the purchasing power of the people.

The stock market is sustained by a people with high purchasing power, else everything is a gamble in a bubble.

Purchasing power of the average Nigerian consumer is being decimated now because there's no more subsidy and fuel prices is going through the roof.

Q2 results will reflect this if nomalcy doesn't return soon.

In all of this, I'll bet on the banking sector to remain resilient through this period. Most of everything else is overpriced. It's time for them to drop 50-70% so people can sort through the rubbish and pick up valuable ones

Itzlinda:
If oil reach $120 and stay longer at that price the world would have a recession. Weather the ripple effect would reach Nigeria is what we don't know.


But I would not be complacent

Logistics businesses are already taking a hit. Thousands of them can no longer afford diesel at N1650 to move goods from one place to another.

Any attempt by producers to shift the burden to consumers will be roundly rejected not because consumers in Nigeria are stronger or more rational now but because consumers are now poorer with less disposal income and purchasing power.

They can't afford anything else after paying rent and transport.

A stock market not supported by plenty of people with high purchasing power will eventually collapse in the long term.

Nigeria is not more productive today than it was 3 years ago. Surging stock prices is not evidence of a productive economy.

It's evidence of too much money in circulation chasing too few goods/stocks. It's a bubble. Big bubble.

Just a pin and everything will go poof!

See how energy infrastructure is now the target of all parties in the war?

Think what will happen in Nigeria if same scenario plays out.

You already have pockets of people trying to draw attention to Nigeria by protesting and taking sides in the war.

Then you have another group who are pissed off and vexed at the one who wants to monopolise the market and grab all the wealth for himself.

Just be cautious and stay close to the news.

Increase in crude oil price leads to increase in cost of production and transportation.

If producers transfer the cost to consumers, demand and sales will drop, meaning less revenue.

Stocks in the consumer goods sector will be the first to take a hit in Q1, Q2 2026, then every other will follow gradually till we hit the bottom one year from now.

If you are in good profit, exit and stay in cash or more stable and liquid investment.

With Israel reportedly now targeting energy infrastructure in Iran the world economy is going to feel the impact soon

mikeapollo:
The guy talk say him no wan go through the NGX hassle and stress.
You forget say some people here dey sweat profusely inside dream when they saw prices of stocks like Japaul, Ellah, Oando etc dancing ''skelewu'' up and down? The guy does not want to have BP at his young age.

If he doesn't want to have BP then he should stick to bonds and treasury bills.

You can't have your money in NGX and sleep peacefully unless you bought around 2021/2023 when markets crashed due to covid and Tinubu's devaluation and subsidy removal policy.

Those who invested then are reaping the rewards today and newbies who are just coming think the market will keep going up forever.

As for looking for who he'll give is money to, that's just another risk on its own, added to the risk of being in the market itself.

The only person you can trust with money in Nigeria is yourself. Banks are not even to be trusted with your money, not to talk of other individuals or companies trading on behalf of others on NGX.

It's just like giving your money to a gambler to play sports betting on your behalf.

It'll only end in premium tears.

adeoluone1:
GOOD MORNING NAIRALANDERS

Please I beg you all not to ignore this post.

Please I am interested in stock trading and I don't want to pass through the hassle of buying stocks individually by myself.

I want a legit stock trading company that I will invest in and they take there percentage/commission so that I can breathe.

Thanks in advance.

No body will guarantee you anything in stock trading because the market moves with some elements of uncertainty and certainty (aided by financial data).

Best thing you can do for yourself is open a stock trading account then do basic research on any stock you want to buy then buy if you are convinced.

Follow this guidelines:

1. Don't jump into any stock you have no idea how the business is run.

2. Buy stocks of companies that you and at least 50% of Nigerians buy their products or services.

3. Learn to read basic charts. Look at the daily or weekly timeframe so you spot the current, lowest and highest price levels of a stock so that you know the risk you are facing should price drop.

4. Don't put all your money into Nigeria Stock Market cos Nigeria doesn't yet have any sensible political leadership. It takes one bad policy or event to happen and all your life savings will vanish. Buy lands in your state of origin and do the c of o, learn and trade agro products, etc.

5. Avoid FOMO. Don't rush into NGX because you are seeing all the wonderful returns. Year 2026 is a year of massive profit taking and prices will collapse afterwards. That's when you should buy. Wait for 50% to 70% drop in stock price of good companies then buy.

6. Don't buy when prices are at an all time high or already did 200% to 500% from its lowest levels in the past 12 - 18 months. Those who bought Oando at N100+ and Ellah Lakes at N18+ are still biting their fingers now.

Deploy your money elsewhere (lands, bonds, treasury bills or agro products storage) pending when the stock market crashes.

The only information that should make you buy Oando is Tinubu's 100% certainty of winning 2027 election.

If you are absolutely sure that Tinubu will win in 2027 then go ahead and buy.

But note that FPI have started pulling out of NGX and their pullout will accelerate from June plus CBN has started delaying reserves data, signaling that something is amiss.

If you are confident that the Iran Israel/US conflict will positively impact the NGX then put your money where your mouth is by buying as much Aradel stock as possible. You're sure to get a quick 20 to 30% gain in the next 2 to 4 weeks.

But!!!

Know that Nigeria is a hopeless country led by the worst set of politicians, so Nigeria as a country may not immediately benefit from increased crude oil prices driven by this conflict because the Nigerian government has formed a terrible habit of selling future crude oil productions at terrible prices in form of forward contracts.

So, most of the crude oil that'll be available during this period may already have been sold in the past

Streetinvestor2:
The one thr what did he do beside grabing the power using the north. Abeg leave east what has changed after he grabbed it.Laat time I checked the north made that refinery come to reality under Buhari and not this failed government

Please stop quoting me on this thread. You talk out of point and I find it hard understanding your line of reasoning vis a vis what I post. I blocked you before but I don't know how you are still able to quote me. Please leave my posts alone please

Oasisblue:
This is a ridiculous claim. We all knew the value of the Nairato USD under Buhari was not real. We were spending billions and even borrowing to sustain this artificial Naira exchange rate. Worse still, we operated an obnoxious dual exchange rate system with a wide gulf between official and black market rates that left room for arbitrage and made Emefiele a king that dispensed hard currency based on affiliations. Now all that ahs ended. yes, we are still occassionally spending to maintain stability as it is a managed float, but the bulk of the value is now sustained by market forces. May we not return to the days of Airlines boycotting Nigeria because they couldnt repartriate their eranings.

It takes one major disaster to send Naira depreciating to N10,000 per dollar, and when that happens you will wish for a fixed exchange rate that allows Nigerians and the government to bring in heavy machinery and equipment at cheap prices to drive productivity and development in Nigeria.

Your old president didn't devalue the naira because he wants the market to operate freely. He did it because it's a condition required of him by foreign lenders who want to protect their capital. It's why you see World Bank and the likes approving loans upon loans for him despite zero proof that the man is using those funds judiciously. The second condition was the implementation of a new tax law from which they can recoup money to repay back the loans in future.

Please point to a single project that touches the life of at least 70% of Nigerians that has been completed in the last 3 years. Non.

But they can easily deceive you with pockets of roads they're working on after collecting billions of dollars in loans for. The rest are things you can't find physically or measure their impacts on people.

Foreign investors are not fools. You think they'll trust an octogenarian who surrounds himself with some of the most crooked politicians in Nigeria with their hard earned money in form of FDI? No, they won't. They don't operate in an environment where you need to bribe heaven and earth to set up your factory and they you won't even get electricity and roads to move your products to consumers.

You think foreign direct investors will come and set up companies in an environment where majority of the citizens are poor and cannot afford finished original goods that their company will make? And who made the citizens poor? Your old president who doesn't think thoroughly or have the interest of majority of Nigerians at heart. He's also the one that approved a minimum wage that is below the international poverty line for Nigerians.

Foreign investors will rather bring in their capital in liquid form called FPI. they'll invest in your stocks, bonds and treasury bills (which are also loans to government), and they'll jump ship and repatriate their funds as soon as they sense trouble, which will happen soon if any major disaster happens in Nigeria like Dangote refinery fails on the hands of the terrorists that are now running rampage across Nigeria. Who says bad actors won't or can't target that refinery for destruction since they've seen that the president and the people he surrounds himself with are too incompetent to solve insecurity and other fundamental problems in Nigeria?

He keeps deceiving you with silly talking points about allowing forces of demand and supply to determine value of naira yet still goes into the market to manipulate rates through direct intervention so they can mop up the dollars in preparation of buying election results and repatriating their loots abroad when their time in power is over.

We know Obasanjo has a productive farm. What productive business does your president have? Point out one of such that isn't in the business of Deeping hands into government revenue.

I've not seen evidence that this man is serious about good governance. I love my country Nigeria and if I had the sole powers, I'll never put my country in the hands of an octogenarian who cannot stand on his own for 10 minutes without the risk of being blown away by the winds.

Nigeria is too precious and delicate for the worst of us to be representing us. It's a national shame. A national embarrassment.

Raider76:
The whole struggle was for the cabal to force the streamlining of the Dangote Refinery into their operations so that Alhaji only produces and they retain their monopoly of distribution and pricing at the pump. They finally seem to have succeeded in that.

That's what you think. Wait till power rotates back to the north - you'll pay N1500 per litre. Imports will be banned. Few billionaires will become richer while the rest of the country becomes poorer. Never been a fan of monopoly in the midst of a very corrupt government and nothing will ever make me be. If you understand what it means to play the long game then you will know that what I have said will surely come to pass. It's now a matter of when, not if.

2027 will be the first time the north will try to grab power without relying on the west or east. If it works then dango will smile to the bank. If it doesn't, 2031 will definitely make it happen and he'll smile to the bank. Either way he's a winner.

DAramis:
Can you explain in lay terms how this marginal rate works out for common man should I have invested? (The reopening rate was around 19% for February 2034 bond. Please use example 1million naira in your explanation for the cupoun payment to get)

Lastly, if dollar rates crashes further to 1000 naira per dollar and someone invest in bonds, do the person get more returns compared to when it was high dollar rate and original coupon rate offer for first bond subscription?

This reopening bond investment gives me confusion because I don't know if they will pay you with original rate or the new rate as indicated in that picture m...the so called marginal rate )

The term marginal rate is merely descriptive - it implies that a small change has taken place compared to the last time.

If you invest, you're going to get what is quoted in the marginal rate, not the 19% you see at the top.

Sirchiboy:
If N10 mila drops into your account today, what is the first smart thing to do

Look for safe community and buy land close to any federal road, fence it and plant crops that can be bringing in money regularly like coconut, plantain and citrus fruits

emmanuelewumi:
Ellah Lakes will go back to N6.00.

I don't know the new content that the content creators managing the stock price can do to prevent this from happening

Months ago I mentioned it here that Ellah stock price is being manipulated by the insiders particularly but it was taken with a pinch of salt.

Their luck is that the NGX is not really developed. The price of their stock would have dropped drastically to below 5 following this news.

I don't know how you'd give N6 billion loan to your own company within 48 hours and then agree to convert the loan to shares at N3 when price of the stock has flown to over N17 following release of propaganda information about acquiring strategic assets blabla.

No sensible investor will touch the PO because those directors will be waiting to dump their shares on the public to lock in their unmerited gains.

Ellah lakes may go to the moon in future but the management should learn to be more honest. This is not 2001 in Nigeria where there was no internet and you could scam people through manipulating stock price in the NGX.

Nnamdipapa:
I got these books for 16, 200 Naira today in Lagos, you couldn't get one of these books for less than $15 on Amazon or bookshops in Canada.

Hello sir do you mean every book and the small game device in the picture cost N16,200? If yes can you help me get it please?

zamirikpo:
@joyful minimum I can get for a loan isc29 to 30%..... I will sha ask

Assume the loan is 30% per annum, that means you'll pay only about 10% for the 4 months before your treasury bills mature. 30/12 * 4, march April may June.

The question then is, is 10% of the loan amount smaller than the interest you'll lose and penalty fees you will pay for liquidating the tbill prematurely? If yes then go for the loan, if no then abort.

To even help yourself better, if the money is to be used for business, then take the loan with the company name doing the business so you can write off the interest payment as a business expense for tax purposes.

zamirikpo:
Hello guys....I know this must have been treated here b4 but going over 2000pages is a lot. Pls can someone be kind enough to advice me on terminating my investment before maturity.

I did 100m at 15.5% in june last year and it'll mature by june this yr. But I need the money for something urgent.

How much will I get.if I terminate it this February.

Instead of terminating it, do the maths and see if it'll be better to take a loan to do what you want to do. It may be better as you will get good interest rate since the loan will be well secured with the tbills