₦airaland Forum

The battle for the soul of First Bank continues.
Otudeko and Awosika caucus seems to have gained more ground with the 'removal' of Dr. Adeduntan.
I think Mr Alebiosu will join the Ote caucus esle it'll be very interesting to see what plays out in the coming days with the April 30 deadline by CBN fast approaching.

It'll come.
Got mine by 2:08pm. Some got theirs around 9am

Ginalex:
Who else has not received Access dividend like me?

Let the spiritually inclined breathe...

defebe:
Whey that woman whey say holyspirit they direct am to share to buy...Hope she was not directed to DS/NS sha

Coronation Registrars
https://coronationregistrars.com/

Ginalex:
Please who's Access bank's registrar?

It's just 19 April 2024, that's about 110 days o/o 366 days.

I personally feel you should allow actual events give credence to what you said. Sending reminders even when none has materialized looks somehow...

ProphetUtuocha:
Remember this:

If wishes were horses...

leparj:
Wish I sold off my DangSugar wen it went to above N70 and use the fund to buy more Zenith Bank or UBA.
My gut feeling was telling me to do so to increase my dividend income.
With benefit of hindsight, shd ve cashed out and reinvested the money elsewhere.
But the talks here of Dang Food getting to N200 plus held me back.
Not blaming anyone sha.
To worsen things, No dividend from DangSugar.

Access Bank dividend just entered. Will take a few cold beer to console myself.

I forsee a 'JULI' will happen to DANGSUGAR and NASCON in the coming days.

I await DANGSUGAR official statement (if any).

My 1cent, don't sell at a loss. The waiting period only got an indeterminate extension...

I'm waiting for a notification from DANGSUGAR...

No Sir!

Commercial Papers are similar to every other credit facility. Are you saying that all the entities of BUA Foods were det free at the time of the merger? I doubt

thebargainhunte:
I know it is suspension and not cancellation but the CP has to mature before the merger will take place na.

FVTPL or FVOCI?

Adinije:
Abeg, what is the fair value for Dangsugar and NASCON biko.

DeRuggedProf:
Some people go study Dangote Sugar and Nascon results throughout the night today...

This news coming from NASCON is distressing (to say the least).

Anyways, I am hoping the MM and Alhaji will not allow the price to crash beyond repair...

Osanobua

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40937_NASCON_ALLIED_INDUSTRIES_PLC-SUSPENSION_OF_MERGER_CORPORATE_ACTIONS_APRIL_2024.pdf

Good news coming out from Nestle
Technically speaking, the loss of FY2023 has been cleared...

https://doclib.ngxgroup.com/Financial_NewsDocs/40935_NESTLE_NIGERIA_PLC.-NESTLE_NIGERIA_PLC_EXTRA-ORDINARY_GENERAL_MEETING_EXPLANATORY_NOTE_CORPORATE_ACTIONS_APRIL_2024.pdf

It's actually two years... Premium Board listing is 3years.

In fact I just confirmed that a brand new business can list if it has evidence of 3 years minimum operating track record of a core investor

Read more:
https://ngxgroup.com/exchange/raise-capital/listing-requirements/

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to s[b]ubmit 5 yrs financial[/b] in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

If I may chip in a few cents...

NASCON and DANGSUGAR are public limited companies. Dangote Rice is private limited company (technically called a private company). Both are limited by the shares held by their shareholders.
A private company is not under any obligation to disclose its financials or business dealings to the public.
Mr. Wale is desperate to delist OandO because he wants to remove the layers of regulations and prying eyes from 'his business'. He could then invite friends and corporate entities to invest

Two very good instance are TRANSPOWER and NNPC limited (which has recently become a private company). There was an FOI request about NNPC's acquisition of OandO retail outlets and OVH Energy that was rejected.

On the bolded, how did TRANSPOWER arrive at their listing price?

It is up to each one to believe whatever they want. However, SEC and the NGX will not have accepted the scheme IF Dangote Rice does not exist. Just like nothing came out of several protests about the coded listing of TRANSPOWER...

Streetinvestor2:
Did you open what you shared.In as much as I invested in dangota sugar. I have visited one of its farm in Numan in adamawa state.Dangota rice /paddy is not on ground physical any whr.You post equally confirmed that they have identified land for such purpose in nasarawa.

I had asked for financial of dangota rice before to know how they arrived at 1 dangota rice is equivalent to 14 sugar without financial results
What financial results of dangota rice was submitted to sec.The financial is what you should share and not proposed future business .We have proposed/planed businesses that even came for private placements on stock market that never say the day.
Dangota bought PAN and is still building the plant close to olam in kaduna.
It is obvious that is the rice sector that is holding the merger.
Nascon has come out to make media pronouncements concerning the merger.Pls post the media pronouncements from dangota rice company.

Thank you.
I was about to post this...

defebe:
https://www.dangote.com/our-business/rice-farming/

There would be grave repercussions for any change in mind ...

Your announcement made a stock price move from 16 to 80 and you think he will just wake up and say he is not doing again? Maka why?

Streetinvestor2:
Says who.Dont alhaji have right to change his mind.
Have you seen alhaji rice in the market or rice farm before

Ding!

SonofElElyonRet:
We don enter already.. bought some more today... o dowo oluwa

Princkez:
Were is FBNH result??

NASCON of full offer

Ding!

itel has changed the game.
Dope devices without breaking the bank...

ogugwa1992:
In a world where smartphones seem to be getting more expensive with each new release, finding a device that offers exceptional value without compromising quality can feel daunting. Enter the itel A70, a budget-friendly smartphone that challenges the notion that affordability means sacrificing features and performance. In this article, we explore why the itel A70 stands out as a superior choice compared to the Redmi A3.

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This too



https://leaders.ng/2024/04/16/the-itel-a70-redefining-value-in-the-smartphone-market/

Ding!

On point

yMcy56:
Drug load of patience required.
It will definitely come from the look of things.....
Moreso, that DANG FERTILIZER and REFINERY is still coming for listing, there'll be the need to tidy the FOOD/Consumer Goods aspect up...

Your 'average' is tired of averaging...

This DANGFOOD matte na patience go solve am.

A Yoruba slang says elemi lo maa last (the rugged will go the whole nine yards)

defebe:
To think I sold my Dangote Sugar last December after doing about 200 percent. I re-entered again this year, not to exit is now an issue...I don average Don tire and I'm no ready for that again...

I saw what you did here...

Payunsin:
Electricity subsidy removal is in phases, that's why we have band A to e and bandit

Wa wa wa wa wa

Warisi

Boshins:
https://nairametrics.com/2024/04/15/nigerias-inflation-rate-jumps-to-33-2-in-march-2024-nbs/

Na wao...

OandO

Dipper kwa?
You want some people to stone you

Adinije:
It may be an opportunity to buy the dip. But what if there's a dipper dip ?

Mfunkynation:
Dong Ding Ding