₦airaland Forum

UBA seem to be delaying their DIV announcement until Zenith concludes their RI/PO.

I wonder what they'll do now that Zenith has extended their offer for 2weeks...

Reverse psychology...

Every mallam to his kettle

OandO. +10%
ETERNA. +10%

Laso09:
I don't think anyone will say you are monkey hunting here.
Your calls are always back up with charts..
That cannot be said of some....

Countries are making the gradual transition to renewables and I believe that they should be commended AND emulated.

Nigeria 'lost' about 20years due to non refining.

One of the major reason these IOCs are ditching their assets is a transition to renewables

I don't think we should take this 'news' as a pinch of salt because, at the end of the day, they are our buyers...

Actually China relies MORE on coal + nuclear energy + natural gas than Crude Oil...

Streetinvestor2:
That na story way the west want to dey use in buying our crude cheap. All that production happening in China is still powered by crude oil energy. Nobi only clean energy na dirty energy.

I don't think anyone is creating enmity because you are airing your opinion.

I believe that the counter comments are actually about the basis of those opinions...

godlyguy:
I noticed that anyone saying any opposing thing about oando automatically becomes an enemy or hater but I don't care

If oando improves tomorrow I will still air my views because it's my opinion just as all the praise singers are doing

Dangote’s Ambitious Growth Strategy

Aliko Dangote, renowned for his business acumen, has not rested on his laurels. The Dangote Group, one of Africa’s largest conglomerates with interests spanning cement, sugar, salt, and oil refining, has set its sights on further growth.

In a recent presentation during a media tour of the Dangote Refinery, the billionaire outlined plans to increase the group’s revenues to an ambitious $30 billion by 2025. 

Central to this strategy is a significant shift in the group’s foreign exchange (FX) operations.

Dangote aims for the conglomerate to become Africa’s largest provider of foreign exchange, with the goal of reducing dependence on the Central Bank of Nigeria (CBN) for FX sourcing.

Dangote further revealed plans to dramatically reduce the group’s reliance on the Nigerian cement market, which currently accounts for 75% of its business, down to 15%. Additionally, he projected a diversification of revenue sources, with 50% of EBITDA expected to come from foreign markets.

He also emphasized that 90% of the group’s future revenue would be generated in hard currency, underlining its focus on international expansion and export-driven growth.

CUSTODIAN

https://doclib.ngxgroup.com/Financial_NewsDocs/FBN_HOLDINGS_-_DIVESTMENT_FROM_FBNQUEST_MERCHANT_BANK_LTD.pdf

OandO. +10%
ETERNA. -6.25%

No shaking

Ding!!!

There was no factual evidence to buttress this claim...

Raider76:
I believe this was discussed extensively before. It is likely your offer was sold to a bidder you share a broker with.

It'll drop on Friday...

GeeKudi:
WOW! This is crazy.

I no con get cash to buy more. The sales I made on Morgan never enter my account since Tuesday

Congratulations!
The MMs gave your 'attempt' an accelerated hearing...

gare2510:
I attempted selling my OANDO at #73.75 there were about 6million bids in front of me but it was filled immediately, is this possible?

OandO

41% STRONG OFFER

In as much as we maintain a certain level of anonymity on this platform, may I remind some people that nothing is totally secret including our identity(ies).

Making use of psychological acts to intimidate or oppress members here is, to say the least, unwarranted.
I have observed subtle traits of such intimidations in recent times.

I am here ultimately to make money AND I am open to learn from anyone: male/female, millionaire/billionaire, young/old, old school/newbie etc
These differences or categorizations should ordinarily not affect our contributions but...

Like it or not, good will always overcome evil

As at today 5 September 2024, THREE indigenous oil companies have concluded plans to list on the NGX within the next six months.
I believe more will join them.

Is this one of the effects of OandO... ?

Yoo-Yoo

Theories.
Permutations.
Speculations.
Assumptions.
Imaginations.

ACTIONS...


Every mallam to his kettle

The downside of ethanol blends are numerous but it is way better than what we currently have in Nigeria...

megawealth01:
Launched by the Dangote Refinery, the newly introduced "white" fuel, also known as PMS (Premium Motor Spirit), has been generating interest due to its clear, water-like color. But what does this color indicate?

The color of petrol typically signifies its composition:

- Red: Octane has been added
- Slightly Green: High octane content
- Yellow: Unleaded, meaning no lead is present

However, the clear, colorless appearance of Dangote's fuel suggests the use of ethanol. Ethanol-enriched fuel offers several benefits:

- Improved engine efficiency and power
- Reduced carbon emissions, as ethanol contains oxygen, which minimizes carbon buildup in engines
- Lower air pollution, resulting in decreased carbon dioxide emissions

This makes Dangote's "white" fuel the most environmentally friendly and efficient option available.

Sure thing.
Though it might be difficult to predict the 'dipest dip"...

Raider76:
If never buy before nko? You fit wait for the dip?

OandO. -10%
ETERNA. -0.62%

Here's my 2cents on OandO dip (I know it's not worth much)

Do not sell your OandO (except you bought around 70+ and your heart dey cut)

Final lap...

It is doing yoo-yoo

mikeapollo:
Is the Oando price falling or rising?

Inukwa

ositadima1:
You spend too much time on this thread. That's why. Is it healthy? I don't know.

OandO...

Time to do some JIJO

DING!