₦airaland Forum

Can you clarify how you domiciled this with CSCS

MadmaxX489:
I received my coupon payment today for FGN 19.89% bond domiciled in my CSCS account.

Pa Emma, Please sorry to quote here. Can you clarify how you move your securities-I mean bonds and tbills from bank to cscs. Is it just by supplying CHN at the point of buying

emmanuelewumi:
They have started clearing it

Max 5 naira

Agbalowomeri:
This one don enter Golgotha

https://doclib.ngxgroup.com/Financial_NewsDocs/46912_AXA_MANSARD_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

I hope the govt would pay up...This govt that owes and owes....We still dey battle power ppl own

chimex38:
They recently won an FG contract worth billions of dollars to build plant to produce RTV drugs for HIV patients.
Since US aids stopped.

https://www.healthcaremea.com/2026/03/05/fidson-healthcare-wins-usd6-2-billion-deal-to-boost-local-arv-production/

Is nearest listed

Investcom:
Credit
Amt:NGN25,342.20
Acc:005******835
Desc:406NIPB2606500mS/MRPSL/NEWREST DIVIDEND 21/SDNEWREST-DIV-21
Date:06/03/2026
Avail Bal:NGN

Na you go dey use expensive broker

abuhusna1:
I think the fees and commissions being charged by broker are outrageous. Imagine all the fees they are trying to charge me for selling. Ill rather hold forever

At 1.81 it was already overpriced. Knowing how demanding agriculture can be and the firm was claiming to do everything

emmanuelewumi:
Do you understand the business behind the stock. Just a poultry farm

Leave this type of providers and register with a main broker for Nigerian stocks

Sirchiboy:
Bambooo is removing my balance everday.
I am tired of them.
My bal does not reflect the real value.
Sometimes 5 or 7k missing.
I just started with them this year

Might not be assured...Japaul has been on the exchange for how long?

emmanuelewumi:
Can he wait till 2035?

Why would VFD expose investor emails only to inform us of newsletter.....

Pa Emma is right on the prices showing on CSCS. Please is there a reason the chams I bought 2 days ago is not showing yet on CSCS but shows on my broker platform. Could it be cause of settlement?

Is earnings growth of 30% certain for the next 5 years?

emmanuelewumi:
What will you say about Sahcol.

Current PE of Nahco is 16.3, if they pay 90% of earnings as dividends the dividend yield will be 5.5%, if they can continue with their earnings and dividends growth by 30% for the next 5 years that will be about 20% dividend yield based on the current stock price

Current dividend yield plus earning growth divided by current PE

(5.5 +30) divided by 16.3

35.5/16.3

That is 2.17. I look at a minimum of 2 but 2.5 and above is preferable




Formula was developed by Peter Lynch and uses a minimum of 1.5.


I use 2 and above because of a higher required return for Nigerian stocks

Na wa...Better off leaving to fight another day

Agbalowomeri:
ELLAH PEOPLE

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Ellah_Lakes_Plc_Unaudited_Financial_Statements_for_17_Months_ended_31_December_2025_.pdf

Please who has seen auction results. Kindly drop abeg

Very terrible service maybe except Ucap

mikeapollo:
Yeah... it is true
I guess United Capital should be up and doing

Are this brokers good platform wise like are you able to login and easily buy and sell while seeing the market moves for the day?Also Union Capital Markets is now owned by a fintech-Trove. They sent me an email today.

emmanuelewumi:
I guess they were friends. When my portfolio got to a certain level, I moved my stockbroking accounts to the subsidiaries of the 3 big banks at that time Premium Securities now FBN Securities a subsidiary of First Bank, Union Capital Market a subsidiary of Union Bank and UBA Stockbrokers now United Capital securities.

Ekpe as a former CEO of ETI should have known better. ETI used to have a stockbroking subsidiary at Victoria Island, I don't know why he did not have his account there

I think the stockbroker used the outstanding fund to take position in penny stocks that did not come out fine. Partnership was more of a Market Marker for some penny stocks at that time.


Used to enjoy the articles of this Stockbrokers about the capital, especially on trading and penny stocks

Accounts person don resign

Martialfc80:
It's been almost 48 hours since I sent money to Morgan's Wema account but they are yet to credit my account. This is after sending mails and calling them as well, to which they promised it will reflect "shortly".

This also happened last week but they eventually credited me after the second follow up. Not a good way to handle people's money.

That's nice but most of them wake up after sometime

yMcy56:
0.45% brokerage charges...

what are dlm's fees

yMcy56:
Haba!!
They all have glitches here and there at different times.....
What do you think you'll meet where you're moving to?

* Anyway, if you won move, try open acct with DLM Securities......Na the house I dey market now be that....😊

https://etrade.dlm.group/InvestorSignupTypes.aspx

** Meanwhile, your stock is responding to Northwards call in the market....on full bid @3.47 😊

I am a customer. They recently started charging for cards but you are right on transfer fees being free.

freeman67:
Sterling just started. I have said it severally, before sterling, the only bank that does not charge you for transfer fee (if you like do 100 transfers in a day), SMS alert charge, ATM issuance fee ( their ATM card is free and lasts longer for about 6 years bar misplacement or damage), ATM card maintenance fee and all sundry charges other Nigerian banks do is Standard Chartered Bank. The likely of getting mints as released from the CBN through their banks and ATM without trading like other banks do.

The only thing they have in common with other Nigerian banks is that they operate here in Nigeria and they will not pay you interest on your savings for the month if you do 4 upto transactions that makes money leave your account.

The down side to them is that their branches are few and you will spend more time if you have any need to visit them.

With these numbers it looks better than Ellah but not promising enough or near Presco or Okomu except it keeps growing revenue at the same over 200% rate. I personally would not go near this for serious investing except trading or JIJO. Plus firms in the agro space need to concentrate on one area of expertise (They are into snail farming, fishery, oil production, poultry, feeds). I would pass for now. #Not financial advice.

SonofElElyonRet:
"They recorded a whopping total gross revenue of N132 million as at the close of business year 2023, with profit after tax of over N8.1million with total retained earnings of over N21.1million."



"The company in financial year ended December 31, 2024 declared turnover of N289million, about 119 per cent increase over N132 million recorded in 2023.. the company, however, closed 2024 with a profit of N56.7 million, about 238 per cent increase when compared to N16.8 million in 2023.

In the year under review, the company declared and got shareholders approval for a dividend of 5kobo per share with an option for script shares in lieu for who elect to opt for script shares."

Looks like there was a mix of dividend and bonus shares

You own your money and have your choices. Drag them everywhere possible and move your holdings elsewhere. This wicked Nigeria fintech apps

Ourown:
Bamboo is a frustrating and very terrible company. I have been following up with them since September 2025 to find out why I did not receive a dividend payment for a stock I bought on their platform. Till now, nothing.

Also, you cannot place a limit order on their app. I regret opening an account with them.

The growth of penny stocks can be sweet.The trapping for bag holders bitter.

emmanuelewumi:
It depends on your investment objectives.

It depends of you a trader or an investor.

It also depends on the type of investor you are either an income investor, value investor, growth investor or quality.

Investment is a marathon and not a sprint.


So when investing you use fundamental analysis and also consider the ability of the business to always deliver.

It is not during a bull market that we know who is right,

I got paid for normal bonds on time this Dec.It seems Sukuk is now always late.

Streetinvestor2:
The same here .I am surprised as it was not on holiday. I use gtbank .
That is not good signal from government security. This government is not telling us the truth about the economic affairs of this country .3 working days lapses. Is that what foreign investors are seeing too.I hope it is not so

Do they buy for people without extra charges.what fund manager is this.I want to purchase some

emmasoft:
Not bank. It's one of the fund managers that sent it to me.

Hello emmasoft, what bank do you use that sends this please

emmasoft:
Yes, there is a primary auction tomorrow, 10th December 2025, but it's too late to participate if you have not applied as of this morning.

That is premium big bull, it's 74k. The other variant is 59k. Okomu oil is 8-9k in Lagos. The Groundnutoil is 17k.Its not too bad considering transportation. Checking time value of money, he should get more as money was being invested monthly and pulled to buy in bulk

folake4u:
Ishi, that salt nor pass 1k. Dental floss too.

Bama mayonnaise is within the range of 2-3k.
Okomu palm oil 4litres is between 6-7k. (I just asked my Mum how much she got hers and she told me this price range in Benin). Maybe his location is more expensive.

He was really cheated.

After Pa Emma and AwesomeJ spoke on Bull Rice, I went to Bokku to get mine today.I got two for 59k each but saw there was another Bull Rice Diamond long grain for 74k.

I know Afriland and CSCS is on NASD. Please how do we invest here. There are some businesses I would like to buy but its not so clear. Do we just reach out to our brokers.

emmanuelewumi:
I love the sound of dividend alerts from January to December. In fact my portfolio income is now 15 times of what I got in 2020. That is the only efficiency that is important to me


Used to have about 60 stocks in my portfolio and then used to receive over 100 dividend alerts. Although I have received 57 credit from alerts from my portfolio this year, with an outstanding one towards the end of the year.

Although I started reducing the stocks in the portfolio around late 2024.

Just checked my portfolio and I found out I have the following securities in my portfolio. 17 stocks and 7 bonds.
Equities
1. Afriland Properties
2. CSCS
3. Friesland WAMCO
4. Africa Prudential Registrars
5. Aradel
6. Dunlop ( dead stock, with no buyer)
7. GTB
8. Nahco
9. Presco
10. Unilever
11. United Capital
12. Zenith Bank
13. Stanbic IBTC Bank
14. Okomu Oil
15. Custodian
16. Fortis Global Insurance ( dead stock)
17. Transcorp

Bonds

1. 12.4% FGN March 2036
2. 12.98% FGN March 2050
3. 16.2884% FGN March 2027
4. 12.5% FGN March 2035
5. 13% FGN December 2031
6. 19% FGN February 2034
7. 19.89 FGN May 2033.

The securities should be able to give me at least 36 investment income credit alerts

I sold the following this year
1. NGX
2. Fidelity Bank
3. FCMB
4. NASCON
5. Access Bank
6. Total Energy
7. SFS REIT
8. UPDC REIT
9. Seplat
10. First Bank
11. CAP Plc
12. Airtel

Nigerian banks are mandated by the CBN to move all customer holdings of bonds and Tbills to a custodian. Hence the custody fee that clients pay when they purchase this instruments. This is to prevent client losing their funds and separation of customer funds from bank funds or investments. So CBN settles custodian. Custodian moves back to bank. Bank settles you.

emmanuelewumi:
CBN is the registrar of FGN bonds, the problem with payment is from CSCS. I have experienced that on 2 occasions, I wrote a mail to CSCS and I got paid.

It is more liquid if the bond is in custody of the bank, but I prefer mine in CSCS. By being in CSCS I have easily get the total valuations of my equities and bonds through CSCS online.

If they are with the bank, what happens if the bank goes under.

At this point, This VFD emails are becoming harassment. Receiving almost 20 emails from different investment banks on the rights issue. Wetin happen. This is now annoying

Can you quote me on a dead thread?

abeylevels:
Hi, @MeezPat, please I sent you a PM.
Thanks