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Stats: 3,330,630 members, 8,446,348 topics. Date: Thursday, 16 July 2026 at 12:29 PM

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Magi6's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by magi6: 12:34pm On Jun 08
Foodlyn:
When is the qualification date biko?
Not yet published.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by magi6: 12:34pm On Jun 08
Agbalowomeri:
Q1 EPS of 4.63 is annualised

Dividend 35kobo
With this kind of EPS, even if FCMB makes zero profit till the end of the year, it will still afford to pay N2.00 dividend at the end of the year. This is a fantastic result. I am expecting the share price to catchup with Fidelity @ N22.00k before September 2026.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by magi6: 11:39am On Jun 08
Hey guys, has no one seen the superlative Q1 2026 result from FCMB that just dropped this morning ? ... as well as the excellent FY 2025 results ? Is no one excited like me that FCMB will be paying a N0.35k dividend ? Can anyone please explain what is going on with FCMB ?
Business To BusinessRe: Exporting Made In Nigeria Products To West and Central African Countries by magi6:
This issue of exporting Nigerian made products to other Ecowas countries is very crucial. We need to be discussing it more often. I am a commercial manager with a food company and even when I was with a fashion brand, I was always hearing of Neliss International in Yaba and how they prospect for companies across African markets. I am surprised no one in your company mentioned it to you or has heard of them. But well, now you know... Lol.
Business To BusinessRe: How Can a Manufacturer Start an Export Business in Nigeria - Neliss Int'l ? by magi6:
It looks like for now, these are the only options there are to gain more market share in West & Central Africa if you dont have the expertise it takes to do it yourself. Based on what I've gathered so far from other stakeholders, exporting FMCG products to Ecowas and Central African countries is very profitable because these countries take Nigeria to be their supermarket where every FMCG product is produced and is available. Since Nigerian products are usually not too expensive, once the products get to these non-producing countries, they are usually purchased immediately. The only issue here is that venturing into these markets is not as easy as A, B, C. You need to be careful and well guided especially if you dont speak French.
Business To BusinessRe: Nigerian FMCG Exports To ECOWAS by magi6:
Nice write up on the exportation activities and efforts going on in Naija. I also came across the article but didnt have the patience to stop and read it. Thanks for pasting it here. It made it easier for me.

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