₦airaland Forum

GeneralDae:
Reforms plus Ote wonder:

“FirstBank of Nigeria has partnered with electronics retailer Pointek to enable eligible customers to purchase smartphones, laptops and household appliances through instalment payments under its FirstEase buy-now-pay-later product.”

It has been rainingi n Nigeria for sometime now.
I guess you would say it is because of Tinubu's Climate "reforms"

otrasane:

https://www.youtube.com/watch?v=D4BikTgMvWc?si=FcIKdrLv4HwSvWCB


Israel Election Shock: Netanyahu And Opposition Fall Short As Arab Parties Surge To Historic High


Israel is facing a potentially prolonged political standoff after exit polls indicated that neither Prime Minister Benjamin Netanyahu’s bloc nor the opposition bloc led by Gadi Eisenkot secured the 61 seats needed for a majority in the 120-member Knesset.

Early projections put Netanyahu’s bloc at approximately 50–52 seats, while Eisenkot’s opposition bloc is projected to win between 49 and 53 seats, leaving both sides short of the numbers required to form a government.

Meanwhile, Arab political alliances, the Joint List and Ra’am, are projected to win between 17 and 18 seats, potentially marking their strongest representation ever in Israel’s parliament.

Their projected gains could make them influential in the coalition negotiations ahead, although forming a workable government remains uncertain.

With no clear winner emerging from the exit polls, Israel could face weeks of political negotiations and potentially another election if rival parties fail to reach an agreement.

Will Netanyahu remain in power, or could Israel witness a major political shift?

The other parties dare not ago into coalition with the Arab parties. That would be considered as a betrayal by the Jewish people and such parties will be heavily punished and even blacklisted by the majority Jewish population.
Hence, the best bet is a unity govt comprising Netanyahu's Likud party and the other opposition Jewish parties with Netanyahu still the PM.

GeneralDae:
Of course.

Dey play!

Na today oil companies dey discover oiland gas in Nigeria?
Abi na Tinubu ''reforms'' established Seplat or gave them licence?

GeneralDae:
Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the discovery of an estimated 157 billion cubic feet (Bcf) of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in Nigeria.

Oil and Gas ''reforms''?

KarlTom:
I doubt that's from the refinery.
The quarry also returned 51.9m for Q3 '25...

Abeg! Make una put some respect on the word ''Refinery''
Only Alhaji has the true ''Refinery''

Which one you people dey call ''refinery'' again? Is it the Japaul ''goldsmith''?

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +1.85%
SEPLAT. ±

My guy, why you put minus (-1.85%) for Oando before?
If na joke, stop am oooo!
At least make we dey manage this little little gains until ''Uncle'' appear tomorrow midnight

awesomeJ:
SEPLAT historically even had cost at under $10?

Why nobody talks about this NNPC daylight robbery is troubling!!!

This is one of the reasons I would rather have NNPCL sell down assets, cos the country would get much more value from them when run efficiently by the likes of SEPLAT.

Our ''Uncle'' also said that their cost is now around $16 per barrel and still working to push it further down.

I guess ''Uncle'' would release the Q3 report tomorrow as there is no news yet about request or application to SEC for further shift in date for submission of the accounts

Odunharry:
Suprised when I saw the amount alloted. Why then did they offer 800b

They were looking for cheap funds but subscribers demanded higher yields

Oasisblue:
To me, only one candidate can easily get the constitutional spread, and thats the incumbent president. Politics isn't emotions.

Okay.
What is the name of the incumbent president?

MEGAWEALTH02:
As I no wan offend God. I say make I quote REVEREND FATHER

Let them come together and ''chop'' after the prayers....in Akpabio's words

Oasisblue:
I have not mentioned Tinubu in my analysis. I wrote about Atiku.

If you think Atiku will get 25% of the votes in the SE or SW, kindly tell me where.

In the SS, where do you think he will get 25% apart from Rivers, where his VP is from? There are no ADC governors in the SS, and the overwhelming consensus in the south is that it is unconscionable for another northerner to upstage the southern slot and become president soon after Buhari- another Fulani man.

Well, time will tell.
Someone else can come up with his/her own permutations and analysis.
But going by what I know and from previous elections, the 3 of them can get 25% in 24 states. You may disagree though.

Streetinvestor2:
Did u ever have one..you need to go verify before now.

My guy, let's avoid this.
Cool temper!

Peace to all

Oasisblue:
There are 19 states in the north. Where will Atiku's 25% come from in 6 southern states?

Right now, apart from Rivers, I see nowhere Atiku would get it. He won Osun in 2023 and came 2nd in Delta. Now, both states are actively backing Tinubu.

And, the Supreme Court can't waive the 25% of votes in 2.3rd of the states.

So you think Tinubu will score 100% in all southern states?
Don't forget that how most people feel about Tinubu in 2026 is quite different from 2023.
For instance, go check his campaign rally in Kaduna in 2023 and see what also happened in 2026

commoditiesnig:
welcome development.. great job Engr Umahi, hardworking minister



I’m not fan of ANY Politician.. But since I can remember any President, as far back as Babangida, NO PRESIDENT HAS EVER IMPLEMENTED Even a scratch of REFORMS/POLICIES AS TINUBU has done!

These exact reforms are what have developed foreign countries that people run to. I’ve been based abroad and witnessed this firsthand.

- State Police
- LG autonomy
- NELFUND Student loans
- FUEL Subsidy removal
- FX reforms
- CREDIT corp.
- Bank reforms
- Free market, investor confidence, etc.


Of course these reforms may come with intended pains, I believe with time the country will balance very well.

You Can See that All Discussions Are Centred Around Tinubu Reforms.. Nothing New from Opponents.

My Only Issue with this Govt, infact past Govts since GEJ is SO MUCH EXPENSES.. Govt Expenditure Need to be cut to barest level.

What has been the impact of the reforms/policies on the welfare, safety and security of the citizens? Has poverty increased or reduced? Has insecurity increased or reduced?

Zegra:
Is this guy for real, or are you just being gullible?

How can a candidate without a broad national following realistically win a presidential election in Nigeria? Are you being clueless, or do you simply not know how to analyse political debates objectively?

For your information, a presidential candidate in Nigeria must secure at least 25% of the votes cast in at least two-thirds of the states of the federation, in addition to winning the highest number of votes. Have you considered this constitutional requirement, or are you relying purely on emotions rather than facts and data?

You may have your concerns, but don't put too much weight or reliance on the so-called ''constitutional requirements''.
The interpretation can be manipulated by the judiciary (Supreme Court) at any time. It is not new in Nigeria.

By the way, all the 3 top contestants can easily score 25% in 24 states.

Streetinvestor2:
I hope u know alhaji is not getting younger in all this your calculation. That is why he is desperately looking for foot soldiers in the name of large shareholders. Na the daughters go dey around oh

Yeah...but for now, at least the Refinery is still fresh and will deliver some decent returns

MEGAWEALTH02:
The HUSTLE is real 😁

Una go start marketing like craze

Marketing ke? Let's just wait and see.
My only wish is that they do not return my money because of oversubscription.
I want to buy more if the opportunity arises and the price is reasonable to me

Alhaji would NEVER treat shareholders like ''Uncle'' has been doing.

God1000:
https://www.facebook.com/share/1JjuJrhUZb/

Those are Palestinian Israelis (Arabs of Palestinian descent who are Israeli citizens) in the city of Nazareth, the hometown of Jesus Christ.
This is how they have been accommodated in the land of Israel but some of them, especially the terrorists, would want to claim that the land belongs to them

SonofElElyonRet:
O ma loud gan

Botswana is seeking a fuel supply agreement with Aliko Dangote as part of efforts to diversify its petroleum sources and protect the country against supply disruptions linked to the Iran war.

The country’s Minister of Minerals and Energy, Bogolo Kenewendo, disclosed this in an interview with Bloomberg in Gaborone, saying Botswana was also engaging other African suppliers to strengthen fuel security.

The landlocked southern African nation imports all its refined petroleum products because it has no proven crude oil reserves or refineries, leaving it vulnerable to international price increases and disruptions along regional supply routes.

Visit www.nairametrics.com to read more.

You dont need to say a word!
If only we all remember how Alhaji said he virtually left his other companies in the hands of their management and decided to focus almost entirely on the Refinery, then we would know that he means business! He will use all his influence to ensure that the refineries (Lekki and Kenya) succeed, God willing.

GeneralDae:
FX reforms

“Visa Card holders in Nigeria can now use Google Pay for fast, secure digital payments

Visa, a world leader in digital payments, applauds the launch of Google Pay by participating financial institutions in Nigeria, supported through Visa’s partnership with Google. Eligible Visa cardholders of participating financial institutions can now securely add their cards to Google Wallet and make fast, convenient, and secure payments across millions of contactless acceptance points and online merchants.

The launch by participating financial institutions marks another significant milestone in Nigeria’s digital payments journey, providing consumers with a simple and secure way to pay using their Android devices. By adding their eligible Visa cards to Google Wallet, users can tap to pay in stores, make purchases online, and enjoy a seamless payment experience across Google’s ecosystem.”

What is ''FX reforms'' in this, again?
Did we just start making online payments or transfers using Visa or Mastercard?
The article clearly states that Google Pay is a result of support/partnership between Visa Card and Google.
Google Pay is not owned by FGN so where is ''FX reforms'' in this?

Why are you so obsessed and desperate to credit ''FX reforms'' for everything, no matter how mediocre, unrelated or irrelevant?

ghm:
That is the irony in this country.

I hear they call it the "Olodo Uprising"—where people who know next to nothing challenge people who know so much. Where people who have little or nothing are angry with people who have everything. Where people who do nothing mock people who are diligently working on their goals and purposes.

That is the irony.

It is becoming entrenched in our attitude and mentality as Nigerians.

awesomeJ:
I saw some folks on Twitter mocking Alhaji for "hawking" refinery IPO at open markets.

First, why the discrimination to people in open markets, are these tweeters better than them? There are actually people in open markets that will feed some tweeters for a whole year comfortably.

Now these novices have probably never set and achieved any goals in their lives, yet they're making jest of a group that now singlehandedly controls about 25% of the nation's GDP.


What's the outcome of Alhaji's efforts.

10 million sharelolder target set, 17 million hit (reportedly).

If the stock lists on a Monday, I expect to exit by the Friday with 40%. except the bids still stay strong, then I might shift target to 60%.

The Refinery will be like another Seplat on NGX.
I just hope they will not return my funds and I will get to buy more after listing.

GeneralDae:
We heard way worse in 2015 and 2023.

Ironically, the worst we heard was in 2011 and 2015 and it was by CPC/APC in opposition!

MEGAWEALTH02:
Anyone buying stocks purely for investment purposes should get mind, sha, unless na JIJO levels. 😂

I stopped buying stocks months ago, and I’ve been watching things closely.

2027 things no be play. Some people are not paying attention, but una no go hear word. When the signs are there, wisdom demands that you pay attention and position yourself accordingly.

Time will tell. 🤷‍♂️

Nigeria will not come to an end in 2027.
Whatever it is, there will be a president. Maybe some electoral dispute, then we organize two days of protests, then we continue life.
The failure or inability of the various people and ethnic groups to cooperate and unite to fight for a common goal or good cause, is a key weakness that the politicians exploit to misgovern and get away with.

Oasisblue:
Yes, because Iran are the ones indicted by the ICC after kpaing 70k human beings including 22k children and levelling 75% of a city. Because Iran are the ones unleashing terrorism on innocent Muslims and Xtians in the West Bank, destroying Olive farms and desecrating homes and worship places, militarily occupying other people's land and unleashing apartheid on people they see as being sub-human. You probably lick the behinds of your Joo masters anyways. So, this is water going into a basket.

Haba! I only asked a simple question now;

Tell me about the ICC when they become aware of Russia-Ukraine, Sudan, Yemen, Iran (where women can get killed for not covering their hair), etc
How many people died in the Syria war? Did the useless ICC know what was happening in Syria or issue arrest warrant against president Assad?
Did ICC issue any warrant against Yahya Sinwar immediately after Hamas attacked Israel on Oct 7 and people in the Arab world were dancing, jubilating, celebrating and organizing parties, in Gaza, Iran, Iraq, Turkey, Jordan, Qatar, Pakistan etc?
Did ICC issue any warrant against Nasrullah when Hezbollah was shooting thousands of rockets at Israel? If Israel did not have air defense systems to protect its citizens, do you know how many Israelis would have died from those rockets?

Go to Israel today and see Palestinian Israelis (who are full citizens of Israel), living in Israel with all rights as of Jewish Israelis. They even have political parties who have just won about 17 seats in the Knesset (Israeli parliament) in this election. Nobody is killing them or attacking them. They move freely in Israel, go to school, work etc in Israel without any problems. Because they accept to recognize Israel and its sovereignty over the land

If other Palestinians decide to be terrorists like Hamas, attack Israel, kill 1200 citizens and abduct 251 others, nobody should cry ''genocide'' when Israel decides to defend itself. When Hamas build terror tunnels, store weapons, ammunition in civilian homes, schools, hospitals, etc, and use these places as shield, they are the ones putting the lives of the people in danger, attracting unnecessary and unfortunate deaths to these kids and women.

Israeli soldiers even send evacuation notices via text messages, flyers, phone calls etc before they enter a town for battle. No genocidal army would do that.

And what is ''West Bank''? Do you mean JUDEA and SAMARIA?
These are Jewish ancient towns and cities where kings like David, Solomon, Hezekiah, etc. lived and ruled over thousands of years ago.
The ancestors of the Jews e.g. Leah, Rachel, Jacob, Rebeca, Joseph etc lived, died and were buried in the same place.
How come some people now call the place ''West Bank'' and say it does not belong to Israel or Jews? How can you call descendants of the ancestors ''occupiers'' in their ancestral land? Does it make sense to you?

Can you mention names of Palestinian kings that ever ruled over Judea and Samaria throughout history? Absolutely NONE, yet they are claiming to be owners of the land.

Dey whine dey shout ''genocide'' instead of you to warn the terrorists to stop attacking Israel

Oasisblue:
Are there any terrorists bigger than those jostling to lead a genocidal state?

A genocidal state? Do you mean Iran where citizens are butchered for protesting?

sterlingD:
Them done post the correct one now
VFD GROUP
https://doclib.ngxgroup.com/Financial_NewsDocs/48207_VFD_GROUP_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

STERLING BANK
https://doclib.ngxgroup.com/Financial_NewsDocs/48209_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

ZICHIS AGRO ALLIED
https://doclib.ngxgroup.com/Financial_NewsDocs/48208_ZICHIS_AGRO_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

CHAMS HOLDING
https://doclib.ngxgroup.com/Financial_NewsDocs/48206_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

Source
https://ngxgroup.com/exchange/data/corporate-disclosures/

I pity Sterling Bank and their N70+ price tag!

GeeKudi:
And Brent is 115#

Yeah, but let's hope their sales contracts were done at high prices as well

Every company is releasing their Q3 results in daytime.
But our ''Uncle's'' company would wait until Friday midnight before they release thereby forcing man to do midnight analysis and be dreaming anyhow

ayobama1:
My badh, I have forgotten that dispatch riders are Uber drivers and not okada riders. You didn't mock the dispatch riders but what was the intendment of your asking me to wish and pray to be one?

If you could come down from your high horse, you will stop seeing every thing in the image of defending government.

Owning a smartphone is one of the several indicators of whether one is poor or not or whether to be classified or justified to claim hunger 🤔

Your choices will determine the steps you take and which will determine your exposure to luck.

No condition is permanent and you will one day stop using subtle blackmail tactics on anyone that holds a different view to yours. CHOICES

I made reference to dispatch riders because I know it is a hard, risky, important job even though the pay is not commensurate with the effort the riders put in.
They make phone calls a lot, and I wanted to point to you that it is wrong to say people who make phone calls are rich.
A lot of people make phone calls to aid their SME job or business.