₦airaland Forum

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Ding

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Someone is waiting for promo at ₦90
cc Ogawisdom

presiade:
To those who are bold, Zenith Bank is calling. Pick up your own portion now while the promo lasts.

Ding

Bamboo Users

Building a More Reliable Investing Experience for You 💚

Hello Bamboo Community,

We want to sincerely apologise for the difficulties many of you have experienced recently, both on the Bamboo platform and when trying to reach our support team.

Over the past few months, participation in the Nigerian capital markets has grown at record-breaking speeds, and this surge has placed considerable strain on the key infrastructure the market relies on for account opening and trade execution. For too many of you, that has meant unacceptably long wait times to get your brokerage accounts up and running, and we're sorry for that.

In addition to that, the large number of retail investors seeking their dividends has overwhelmed the infrastructure the registrars use to credit brokerage accounts. We've reached out to registrars directly to move the process along faster, but this has often still been very slow

At the same time, reliability issues from our payment processor and intermittent disruptions to the NIBSS payment infrastructure over the past couple of weeks affected a large number of deposits and withdrawals, leaving many of you unable to move money when you needed to. Our support team has been flooded as a result, and response times have suffered.

We know how disruptive this has been, and we wanted to tell you precisely what has been happening and the concrete steps we are taking to fix this:

- We have doubled the size of our customer support team since the start of the year and are continuing to grow it.

- We have fully migrated to a new payment processor and introduced additional redundancy to make deposits and withdrawals significantly more reliable.

- A major redesign of the Bamboo app is currently in testing with members of our community. It will be meaningfully faster, more intuitive, and will resolve known bugs.

- We are working closely with infrastructure providers and industry partners to improve account opening, trade execution, and overall platform reliability across the Nigerian capital market.

- We have created a tracker for you to be able to find your registrar when waiting for your dividends. You can find it at - ( learn.investbamboo.com/why-you-havent… ). We’re also working on making the information for each registrar available directly on the app while we continue to look for permanent solutions.

One important action on your end: as part of the payment migration, your virtual account details have been updated. Please check your Bamboo app for your latest payment information before making any deposits to avoid sending funds to outdated account details.

We are committed to doing better, and to earning your trust through action, not just words. Thank you for your patience as we work through this.

Richmond and Yanmo
Founders, Bamboo

Without being partisan, the bolded made me realize that the FG does not care about the electricity situation in Nigeria...
That action was louder than any promise made till date.

Heishere:
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.

aka Revolutionaries

crownprince2017:
Imagine soworeans...

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Atikulates
Batists
Kwankwasiyas
Obidients
Soworeans
Wikeists

I greet y'all.

May Nigeria prosper in our time...

JiJo wins

mikeapollo:
Doing jijo with Oando at this time could be dicey.
They will be releasing 2025 audited accounts and draft Q1 2026 in few days from now.

Ding

ARADEL. +9.59%
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₦1933.80

Mpeace:
Aradel is doing as expected. Remain make we see result. Happy to have topped up during the brief seff off. Officially 1899.10

DANGSUGAR ...

Zagee:
"Timely and transparency" in that report should be treated with reckless abandon!!!

The illegality within legal rights!!!😂😂

Barr. Wale the Nigerian special ops lawyer should get a SAN-ship. He is better off serving the Nigerian politicians(with injunctions) and leave business for businessmen. 🤣🤣

No need for condolences. The bag is still intact.

FYI, the hopium is due by [or before] 2030...

deathwing:
Condolences to Oando bagholders. Don't fret, things are about to look up. Keep up the hopium so that your grandkids can finally realize 100% by 2060

OandO and shifting of goalpost...

I thought the Q1 '26 was ready.
I don't see any reason for the delay till 30 June...

A New Dawn indeed

KarlTom:
Let's hope they stay true to their word...

I like your confidence.
I presume you are one of the relatives/friends...

Valthegreat:
While you are still expectant the market reactions are enough to clear your doubt of what to expect in the result. No be human being prepare the result or no be human being receive am for NGX? Those human beings no get relatives and friends? According to the market momentum today Oando's result is not too good as usual, all we are waiting for now is to see how bad it is.

STATEMENT BY PRESIDENT BOLA AHMED TINUBU (GCFR) ON THE THIRD ANNIVERSARY OF HIS ADMINISTRATION, MAY 29, 2026

My fellow compatriots,

Three years ago, you entrusted me with the sacred responsibility of leading our beloved nation at a defining moment in our history. I accepted that responsibility, fully aware of the magnitude of the challenges before us, but also deeply confident in the resilience and potential of the Nigerian people.

Today, on the occasion of the third anniversary of our administration, I speak to you not only as your President but also as a fellow citizen who understands the sacrifices many families have made in recent years and shares your hopes for a better Nigeria.

When this administration assumed office, our nation faced profound economic and structural difficulties. Mounting fiscal pressures, unsustainable fuel subsidies, declining revenues, exchange-rate distortions, rising debt-servicing costs, insecurity in several parts of the country, energy supply constraints, and declining public confidence in institutions all threatened our progress.

At the height of the subsidy regime, Nigeria was spending as much as ₦18.4 billion daily to sustain petrol subsidies—over ₦4 trillion in 2022 alone—resources that could have been invested in roads, healthcare, education, housing, and critical infrastructure. Multiple exchange rate windows and forex arbitrage created massive distortions, with Nigeria losing more than ₦8 trillion over three years to rent-seeking and speculative practices.

The situation demanded urgent and courageous action. Difficult but necessary decisions had to be taken to stabilise the economy and prevent a deeper national crisis. The easy choices would have been politically convenient. But leadership demands courage, especially when the right decisions are difficult.

Had we refused to act, our nation would have drifted toward fiscal breakdown, worsening poverty, and severe economic uncertainty. Together, we chose reform over ruin and decisiveness over hesitation. We chose long-term national recovery over short-term comfort.

These decisions came with sacrifice. The rising cost of living triggered by our measures placed enormous pressure on families, workers, and businesses. Young people searching for jobs felt discouraged. Many questioned whether these difficult decisions would lead to a better future.

I remain deeply conscious of those sacrifices, and I assure you: your sacrifice has not been in vain. And today, I can say with confidence that Nigeria has stabilised and is moving forward again. Across the country, visible progress is taking shape.

VISIBLE PROGRESS AND ECONOMIC GROWTH

Our economy is now more competitive and better positioned for sustainable growth than it was in 2023. Public finances are improving. States and local governments have greater resources to invest in their people. Investor confidence is growing. The stock market is booming, with the All Share Index rising from 53,000 and market capitalisation of N30 Trillion in 2023 to a record All Share Index of 250,000 and market capitalisation of N160 Trillion this year. Companies are declaring record profits and dividends.

Critical infrastructure projects are advancing at an unprecedented scale. Over 2,700 kilometres of highways and major roads are under construction, reconstruction, or rehabilitation, including the Lagos-Calabar Coastal Highway, the Sokoto-Badagry Super Highway, the Abuja-Kaduna-Zaria-Kano Road, the East-West Road, and many rural access roads. Significant sections are already completed or nearing completion, improving transportation, reducing travel time, boosting regional trade, and creating thousands of jobs.

Rail modernisation projects are ongoing to improve connectivity, logistics, and economic integration across the federation.

In the oil and gas sector, the reforms we instituted have attracted billions of dollars in fresh investment from the international oil companies that had shunned our country. The $5 billion NLNG Train 7 project is nearing completion to boost LNG production capacity, exports, and dividends.

Domestic gas utilisation is expanding. Local refining capacity has improved our energy security. With large-scale domestic and modular refineries operational, Nigeria is reducing its dependence on imported petroleum products and conserving foreign exchange.

For years, the power sector suffered from debt, underinvestment, and uncertainty, which weakened generation capacity and limited growth. Today, we are confronting those challenges directly.

Our administration is clearing legacy obligations, expanding transmission infrastructure, investing in renewable energy, and strengthening the national grid because no modern economy can grow in darkness. When power improves, businesses expand, industries grow, jobs are created, and families prosper.

We are determined to power Nigeria into a new era of industrial growth and economic opportunity.

EMPOWERING NIGERIANS: AGRICULTURE, EDUCATION, AND HOUSING

Agricultural interventions have supported millions of farmers by improving seedlings, fertilisers, mechanisation, and irrigation and by expanding access to finance and markets. We are opening new agricultural corridors to create jobs, strengthen supply chains, and reduce pressure on household incomes.

The Nigerian Education Loan Fund has provided over 1.5 million students with access to higher education, disbursing more than ₦282 billion to ensure that no willing student is denied access due to financial hardship.

Our Renewed Hope Housing Programme, along with that of the Federal Housing Authority (FHA), is delivering over 10,000 housing units across 14 states and the FCT, creating over 300,000 jobs and expanding access to affordable housing. Major Renewed Hope Cities in Abuja, Lagos, and Kano are progressing steadily. Our consumer credit initiative, CREDICORP, is opening up new economic opportunities for workers and families.

In healthcare, thousands of primary healthcare centres are being revitalised, while health insurance coverage is expanding for vulnerable Nigerians.

DEEPENING TELECOMS ACCESS AND INVESTMENT

We also took decisive action to stabilise the telecommunications sector, which remains one of the most important drivers of modern economic growth.

After years of severe operational pressures and declining investment, confidence is gradually returning to the sector. Telecom operators are expanding networks, investing in infrastructure, recruiting Nigerian talent, and widening digital access across the country.

A connected Nigeria is a more competitive Nigeria. Digital infrastructure is now essential to commerce, education, innovation, and national productivity.

YOUTH, TECHNOLOGY AND DIGITAL TRANSFORMATION

To our young people, I want you to know this nation believes in you. You are not a problem to be managed. You are the engine of Nigeria’s future. Across technology, manufacturing, creative industries, agriculture, sports, and entrepreneurship, we are expanding opportunities for you to compete and succeed. We are investing in digital skills, technical education, innovation, student financing, and enterprise support because the future must be driven by Nigerian talent, creativity, and productivity.

SECURITY AND NATIONAL UNITY

Security remains central to our national mission and to the creation of a virile and prosperous society. Our Armed Forces and security agencies have intensified operations against terrorists, bandits, kidnappers, oil thieves, and criminal networks. While challenges remain, many communities and highways are becoming safer and more economically active. We continue investing in intelligence, surveillance, logistics, technology, and inter-agency coordination. We are improving the capabilities of our armed forces and security agencies, and reclaiming the authority of the Nigerian state wherever criminality threatens peace and order. While we continue to confront the challenges head-on, progress is being made. I want to assure you that this government will not relent until every Nigerian can live, work, travel, and dream in safety.

My fellow Nigerians,

A nation develops when its people can see and touch progress. From highways under construction to rail modernisation and expanded energy investments, our goal remains clear: to build a Nigeria that works for Nigerians.

We have not solved every problem, and we are not yet where we want to be. But the foundation for recovery has been laid. The task before us now is clear: we must ensure that the benefits of reform are felt more directly in the daily lives of ordinary Nigerians.

We shall achieve this task by continuing to ensure that food prices, which have largely come down from their peak in 2023/2024, remain low.

We are also working to reduce transportation costs as operators of commercial trucks, buses, and taxis convert their petrol engines to CNG and switch to electric vehicles. We have also set our sights on creating more opportunities for decent work and enabling enterprise expansion.

A CALL TO NATIONAL PURPOSE

The journey of national renewal is not completed in a single year or a single administration’s tenure. Nations rise when their people remain united in purpose, disciplined in effort, and hopeful about the future.

We must choose hope over despair, unity over division, and nation-building over narrow interests.

But true security and prosperity require that every Nigerian feel included and valued. Nigeria belongs to all of us—no region, faith, or group should feel marginalised or forgotten. Our diversity is a source of strength. Whether Christian or Muslim, North or South, urban or rural, we rise or fall together as one nation under God.

To our youth, workers, entrepreneurs, farmers, professionals, security personnel, students, and diaspora: your sacrifices sustain our nation, and they will not be in vain. To the international community and investors: Nigeria remains committed to democratic stability, economic reform, responsible governance, and mutually beneficial partnerships.

My fellow Nigerians,

History teaches us that great nations are not built in comfort. They are built through sacrifice, resilience, courage, and collective purpose.

Ours is a nation of extraordinary people. We survived civil war and rebuilt. We overcame dictatorship and restored democracy. We endured hardship and remain bearers of hope. The Nigerian spirit remains strong and unbroken.

Today, the world is watching our country again, not as a nation defined by its difficulties, but as a nation determined to rise. Across agriculture, infrastructure, power, technology, manufacturing, and industry, the signs of recovery are becoming clearer. Confidence is returning. Productivity is improving. Opportunity is expanding.

LOOKING FORWARD

The work ahead is enormous, but I remain optimistic because I believe deeply in this country and in you, the Nigerian people.

I ask you to keep faith with Nigeria. Let us reject cynicism and division. Let us move forward together, united in purpose, disciplined in effort, compassionate toward one another, and confident in the greatness that lies ahead.

My fellow Nigerians, history tests nations before it elevates them. Nigeria is passing through such a test. But I believe with all my heart that we shall emerge stronger, fairer, more united, and more prosperous than ever before.

Let us continue this journey together. Let us build a Nigeria that is secure, prosperous, inclusive, and respected worldwide. Let us continue to believe in the promise of our nation.

May God bless you all.
May God bless the Federal Republic of Nigeria.

The current virus is a new strain [Bundibugyo Ebola Virus Disease (EVD)] with no approved vaccine.
This makes it more of a going concern...

HesInMe:
On personal and market levels, keep one eye open for Ebola sha. Exploding in Central Africa, likely to hit us too. Just how hard is the question.

Unlike Covid, transmission of Ebola is slow, which in theory limits economic impact, but case fatality rate -- the proportion of infected people who kpai -- is high, around 50%.

https://ncdc.gov.ng/themes/common/docs/protocols/369_1757166366.pdf

ARADEL and OandO

AFS '25 and Q1 '26

Oasisblue:
Aradel Q1 Result deadline is today

He is a law-abiding citizen who believes in the rule of law. He is dragging the FG and relevant agencies to court because their actions are contrary to the PIA.

He is setting a very good precedent for people of his stature to speak up [and act] in response to the flagrant disregard of the laws by government...

GeneralDae:
Then why did he take NNPC and NMPDRA to court?

Ding

Indeed this is AWESOME!

awesomeJ:
@ositadima2 and everyone else interested, market has been slow for a while now, this means even if I grow my portfolio more, it doesn't entirely translate to more trading volumes.

So I decided to shed some cash and buy my car, maybe perhaps cos you mentioned it too last week when we won the league.

It's a 2019 Rx F-SPORT with CLEAN TITLE. Too many salvage cars in this country.

Financing by Autochek.
Since I make much more than any cost of funds.

Insurance premium on the car is more than ALL my entire portfolio just last year.

God is Awesome! 🎉🎉


Happy Sallah to our Muslim brothers and Sis.

...

megawealth01:
He has OANDO in good quantity maybe another account

Let's hope they stay true to their word...

mikeapollo:
Doing jijo with Oando at this time could be dicey.
They will be releasing 2025 audited accounts and draft Q1 2026 in few days from now.

Na JIJO level I dey right now...

megawealth01:
Wale go wyne you but just compose... OANDO eh... Wale CHAI

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My target SP after the conclusion of the RI (which I believe will be oversubscribed)

Streetinvestor2:
Let see how low it can go
I no dey sell if not above #100 again
Sold some at #95 to buy wale this month
I will pick up all my rights

That gap (₦87 to ₦60) was just too much.

I'll apply for additional rights...

NSEstudent:
Smart move