₦airaland Forum

ARADEL. ±
CONOIL. ±
ETERNA. -0.56%
OandO. -1.78%
SEPLAT. +10.00%

PZ

As expected...
FY DIV: ₦2.50

https://doclib.ngxgroup.com/Financial_NewsDocs/47854_P_Z_CUSSONS_NIGERIA_PLC.-POST_BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_AUGUST_2026.pdf

The summary in included in your epistle

jonnysessy:
Where do people get this money ? I am still at a loss here how can someone execute a single trade of 102,888 units of Seplat at a go and move the price to N12,320.60k. Then who is also the single buyer that was also ready to part with that quantity of units. When things get to this level i really find it difficult to comprehend price movement in NGX. When one is trying to buy just 100 units, some other person is buying 102,888 units. This life no balance. I was thinking that the suspended price movement by NGX was to make stocks of this types more liquid.

SEPLAT +10.00%

₦1.29bn

Ding

ARADEL. -0.09%
CONOIL. ±
ETERNA. -0.97%
OandO. -0.88%
SEPLAT. ±

Sometimes our choice of words are vital...

londonerr:
The whole market is going towards a massive crash. Most stocks are overvalued in technical analysis.... Fundamentals don't move the market... Pump and dump spree ongoing.... The deeep correction is going to head into a massive crash....

Will PZCN approve FY DIV ?

PRESCO PLC DIV 30 BATCH 6

✅

Yes. FY '25 is ₦14.66
Interim of ₦10.00 is what you just received

megawealth01:
I actually thought presco dividends is 14 naira

PRESCO PLC DIV 30 BATCH 5

✅

Ding

Interim will be paid tomorrow.

jonnysessy:
This is the full year final dividend. I want to believe they are yet to fix a payment date for the interim dividend declared.

The bolded was an open secret

Streetinvestor2:
Do you know when many feel the problem of subsidy corruption really happened because of smuggling to neighbouring countries. It is a big lie because I have friends who benefited from it.
The real corruption happened in the importation process. The big fraud was the claim of importing nothing and sending bills to government for it
The smuggling across the boarders was small play.
In otherworld subsidy can now be managed properly and relatively efficient since everything will happen within local refineries. AS no one can just send bill of importation that didn't happen. This was whr the largest corruption and stealing happened. In the previous subsidy process, fake importation bills choke.The smuggling aspect is small problem to handle. As this tankers don't fly in the night. They use known roads and not something u can concel in a bag if willing government want to stop it.it is very easy
When custom seize like 10 and burn it openly.Nobody go wan put his tanker for such risky business when u look at the cost to buy a fuel tanker,you go reason the matter

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -3.00%
SEPLAT. ±

@Mikeapollo
Power generation remains a gold mine but, like you rightly said, the FG is not bothered about fixing the transmission bottleneck...

That's why we have allowance for minigrids

Infact, no right thinking state government will spend billions to generate power and rely on the current national grid.

The ideal situation is to build minigrids in zones within a state

mikeapollo:
So which grid will the states use to transmit their electricity? Will they build their own grid or use the present one which has been collapsing every now and then?
IPPs in states may generate power and suply to some specific companies through dedicated channels but to supply to the general public through the present national grid would not work without the FG doing the expansion and upgrade of the grid. So the FG still has a huge role to play. There is no shortcut

This is FY '25.
Are you referring to H1 '26 Interim of ₦10.00?

Mpeace:
I never see 2025 full year dividend

No vex

Na updates

ppogba:
Why are you just bringing bad news left, right and center this morning?

Was there a support at that level?

SonofElElyonRet:
Ava Capital loses ₦7 support

I beg to difer sir! The FG does not control ALL the gas.

Bayelsa State signed a gas supply contract with Oando recently for a 60MW Plant.
Oyo State has a IPP.
Abia State is concluding plans for theirs
Lagos State etc

mikeapollo:
You have a point in pointing out the nonchalant attitude of the FG.
But the truth is, if the FG does not lead by good policy initiatives and example, the states cannot solve the power problems by themselves alone.
Who controls the gas that would be used to generate the electricity? Who owns the grid etc?

PRESCO AGM

FY DIV: ₦14.66
PD: 15 Sept 2026

https://doclib.ngxgroup.com/Financial_NewsDocs/47850_PRESCO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_AUGUST_2026.pdf

@the bolded

Are you referring to the same FG that took their HQ (Aso Villa) off the grid?

C'mon!

mikeapollo:
It is a very defeatist attitude to say states should buy and deploy the power barges. Even if they would play a part, it is appropriate for the FG to play the leading role while states support. We should stop shifting the goal posts to the states in order to shield the failures of the FGN.
Why does the FG still collect huge corporate taxes, VAT, customs duties etc if it cannot provide electriciry to the companies? Whenever the FG says the states should be held responsible for sonething that is so critical to the economy, it means they have failed totally. The FG should refuce and trasfer some of its share of the huge tax revenues to the states if it wants the states to take on more responsibility.
To whom much is given, much is expected

Ding

StreetInvestor

The money can be proven to be legit.
If I'm not mistaken, Sen Yari paid over ₦1tn for 95% of Amperion Power.

With all the purchases of FIRSTHOLDCO done since December 2025, FOte has spent roughly half of the loot (about ₦500bn).

Brace for 2nd half...

Sustainable Capital Ltd disposed 6.18% (37,118,983units) of SEPLAT

Who is the buyer?

https://doclib.ngxgroup.com/Financial_NewsDocs/47844_SEPLAT_ENERGY_PLC-TR1_NOTIFICATION_FROM_SUSTAINABLE_CAPITAL.__CORPORATE_ACTIONS_AUGUST_2026.pdf

Calvado$

https://doclib.ngxgroup.com/Financial_NewsDocs/65_First_HoldCo_Plc-_Notification_of_Insider_Dealing_-_Calvados-_August__24_2026.pdf

JAPAUL AGM RES

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

ARADEL. ±
CONOIL. ±
ETERNA. +0.28%
OandO. -0.43%
SEPLAT. ±

Only hook is enough for a catch

ppogba:
There is little Seun can do. That is why there is always a caveat, DYOR.

It is only an ignoramus or a senseless risk taker that will swallow an opinion here hook, line and sinker.

MARKET BULLETIN 24 August 2026
NGXREG/IRD/MB90/26/8/24

Prestige Assurance Plc: Listing of 2,369,390,970 Ordinary Shares Arising from Prestige Assurance Plc's Private Placement of 3,076,923,100 Ordinary Shares of 50 Kobo Each at ₦1.95 Per Share.
Trading License Holders are hereby notified that an additional 2,369,390,970 ordinary shares of 50 Kobo each of Prestige Assurance Plc (the Company) were today, Monday, 24 August 2026, listed on the Daily Official List of Nigerian Exchange Limited (NGX). The additional shares listed on NGX arose from the Company's Private Placement of 3,076,923,100 ordinary shares of 50 Kobo each at ₦1.95 per share.
With the listing of the additional shares, the total issued and fully paid-up shares of Prestige Assurance Plc have now increased from 13,252,561,888 to 15,621,952,858 ordinary shares of 50 Kobo each.

This is for your information please.

Godstime Iwenekhai
Head, Issuer Regulation Department