₦airaland Forum

The Sea is blue

megawealth01:
The sky is blue

Zegra:
Lol
You dey believe Peteru

Ding!!!

!

Sadly it seems you are not resident in Nigeria.

Fake life is more than the real life...

chidekings:
if this is not the case that means the wealth disparity in Nigeria is too much.

Exactly 💯

Agbalowomeri:
Then that even reduces the percentage

The Refinery is not really a fixed asset in this sense.
It has got shares held privately (NNPC holds about 7.2%)...

thebargainhunte:
I disagree, accept you are talking about high networth investor. Someone networth has to include both liquid and fixed assets. This is the reason Dangote Refinery was included in his present networth.

The flaw in this statistic (the bolded) is that it considers individual account rather than individual BVN.

e.g. a businessman with at least ₦1m in each of his 10 accounts...

bovali:
Let’s take a step back and look at the numbers. Nigeria has approximately 64.8 million BVN-linked bank accounts, yet only 5% of these accounts hold balances above ₦500,000. That’s just about 3.24 million individuals. In a country with a population exceeding 230 million, this means only around 1.4% of Nigerians have access to more than ₦500,000 in their accounts.

Now consider this: if only 1.4% have over ₦500,000, it is highly unlikely that up to 1% of the population has a net worth of ₦200 million or more — even when you factor in non-cash assets.

...

StarLink? Or MTN

vacanci:
Loco..wow

You are on the high network level according to SEC Nigeria.

You are at the top 1% of adult population.

For context you mean at least 50million Nigerians have ₦200million?

chidekings:
haba....atleast 20 percent.

That's a projected RI price of about 50...

crownprince2017:
Fidson coming for capital raise

Same thought that crossed my mind

It's now beginning to look like the funds are ready, ELLAH just needs shareholder/regulatory approval

mails4funshi:
Possibly, he is representing the interest of the money bag(s).
The group to fund the 250 Billion Naira mega phase.

At least this one is Nigerian

emmanuelewumi:
Na Lebanese dem dey always rent

There is a need for you to exercise some restraints.

If you feel like replying anyone's opinion, kindly do so in a dignifying and fact-based manner.

It make you worth your while...

EDUECO:

Just dey play!

You no know say dem dey rent Oyibo for Lagos and Abuja? This one na packaging.

ARADEL. +2.91%
CONOIL. ±
ETERNA. ±
OandO. -1.70%

That is where the gem is: Mr. Hewett Adegboyega Benson

What is an Aeronautic Engineer doing as a CFO...

Princkez:
nah onyibo man ooo

I hope you got the message though...

Don't trivialize it!

EDUECO:
I have heard you Mr Investor turned gambler!

I hope you're happy now.

ELLLLAH

What are you cooking?

https://doclib.ngxgroup.com/Financial_NewsDocs/44464_ELLAH_LAKES_PLC.-ANNOUNCEMENT_OF_THE_APPOINTMENT_OF_CHIEF_FINANCIAL_OFFICER_CORPORATE_ACTIONS_JULY_2025.pdf

Who dey pack ELLAH

Full Offer

Ding

When there's funds, diversification won't be an issue especially for investment and JiJO

Streetinvestor2:
I know what it meant. I was not expecting that large diversification from someone like you seriously

Ginalex:
Cadbury lovers how una dey ... Una like the full bid abi

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +6.97%

Agbalowomeri:
Join them in the packing

Did you intentionally reveal your account number?

Investcom:
See another one way i never sell since

Ding!

ARADEL. +0.10%
CONOIL. ±
ETERNA. ±
OandO. -4.73%

IF...

Can we also say that we should not take Alhaji seriously?

The rot runs deeper than most know but I'll end the discuss here...

Mpeace:
Bawa. I have had personal experience with this man. I remember when he was in Port Harcourt, just before he became head of EFCC. A matter I handled in court...
If I have to judge from that experience, then I will advise you not to take that book seriously.
Also remember all the uncleared allegations made against him with respect to disposal of seized properties.
Nigeria is corrupt, with or without subsidy.

k

stokfrick:
Abeg help me tell am. The guy is just annoying.
Answer the simple question, e dey tell me make I go read book. People like this justify the the fact that Nigeria has not only leadership problem but most importantly followership problem. They've gotten used to swallowing all the sheet shoved down their throat, too dumb to question any.

NASCON

Appointed Mrs. Ifeyinwa Ighodalo anf Mr. Mahmud Tukur as INEDs

One to watch...

I am enjoying Alhaji's Board Appointments

Even Matthias is less concerned about the matter...

PETERiCHY:
Zenith Bank once drop from #70 to #9

UBA once drop from #65 to #3

ACCESSBK once from #50 to #3

So simply follow the MONEY and leave matter for Mathias.

BARGAIN HUNTERS TAKE NOTE!

Good one from JAIZ

https://doclib.ngxgroup.com/Financial_NewsDocs/44434_JAIZ_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2025.pdf