₦airaland Forum

Itzlinda:
I am in the camp of those waiting for 50% ASI drop 😄

Ah! So after you buy, we shall also wait for another 50% drop in ASI

Itzlinda:
Ding 😄

Why show smiles in red and not green?
Smiling in parables?

dawnomike:
More banks will follow this route and the common man may have to port fully to fintechs.

Some other banks will welcome those customers with open arms.
Some banks did something like that in early 2000s and they lost most of their their customers to GT bank.

Kukutente23:
Nana Abraham
Hmm
And they said no genocide against Christians

That player may be a Ghanaian. May God save his life

dawnomike:
It was just a matter of time before stocks on NSE correct thw upward trends ..

There will not be any meaningful recovery if the CGT introduced by this govt. remains. Nobody wants to pay 25% of their gains to a govt that does so little in their lives.

GeneralDae:
I don’t see how the current bearish market is related to CGT.

https://www.instagram.com/p/DQxAixNDJ_s/

Read this

Truths9ja:
Alaafin Of Oyo and some traditional rulers visit Dangote Refinery in Lagos on 6th of November 2025.

Who is Alaafin of Oyo?

He is junior to Ooni of Ife and Oba of Benin!

madridguy:
This should be on the joke section because Turkey must be joking. Shame on Turkey, after allowing IDF to use your air space for genocide against the Palestine.

Ignorance and lies!
Surely, you don't know what you say about this issue. How would Israel use Turkey's airspace before it could blast the hell out of the Arabs called Palestine, which is virtually past of Israel.. Israel does not even share borders with Turkey .

PETERiCHY:
OANDO & ACCESS sighted @t Sub #40 and sub #22 respectively while Ellah baby has s finally secured at #13 junction.

Meanwhile EDUCO & Street-Fighter rightnow

Cautious optimism, you may say, in case the CGT becomes a mirage and never implemented.

GeneralDae:
I don’t see how the current bearish market is related to CGT.

Investment is forward looking and several factors are considered

ositadima1:
I’ve already shared my take on CGT, but you guys didn’t like it, so why bring it up again? I clearly showed that selling now isn’t necessary, and I even gave you a simple way to reduce the tax by rotating into another stock, even the same one would work.

How sure are you that what’s happening is actually CGT-related? We’ve had similar red periods earlier this year, long before the CGT issue came up, so how can you be so certain? I come in peace ooo.

Many are selling to pre-empt the usual lull in the market in Dec when prices go south and, this time around, there is little hope for recovery or rebound in January due to CGT, hence making the reds sticky.

SonofElElyonRet:
Ok. Guess you are the Mr market that mercy talks about since you're so confident of Ellah's descent to that range

See you!

ositadima1:
I told people that Access could reach 20, and they said it wasn’t possible, lol. I can tell you for free, if Zenith hits 50, AccessCorp would have already gone below 20 long before that.

If the CGT madness is not reversed, virtually every stock will be affected. Some may be affected more or quicker than others, but all stocks will get a hit eventually and it would be opportunity for bargain hunters to accumulate.

pluto09:
https://proshare.co/articles/oando-plc-announces-closing-date-for-reverse-take-over-of-exile-resources?menu=Market&classification=Read&category=Stock%20%26%20Analyst%20Updates.

If you know any company on NSE tha has done the same you can also mention it.

Why always Oando
You people no go allow us breathe?

GeeKudi:
The only direction for the market for the remainder of this year is southward unless something changes. Who would put money in a RI/PO when you can get it cheaper on the floor?

If they really mean business, those with PO can pump up the price and sustain it there using MM until the PO is over

SonofElElyonRet:


We Ellites will laugh last

Awon omo Elli
You get mind for Ellah, but you dey fear Oando

emmanuelewumi:
Most of the people buying public offers and right offers are just recycling their capital by selling their current shares in order to take up their rights or buy public offers.


The bear might continue till the end of the year

Correct

emmanuelewumi:
Looking for a total of N470 billion in November.

Bank sef that have been paying dividends consistently for 10 years are finding it difficult to raise the required funds

I think some of these offers in November won't be successful

This may discourage some banks from declaring dividends this year in order to meet capital requirement

Don't Muslims celebrate the birthday of Prophet Mahammad?

GeeKudi:
It will be counter-intuitive to attempt a fund raising now with the current state of the market.

It depends on how/where the funds is raised, and if they can meet their target e.g. via private placement if there's a strategic investor, or rights/public offer if the price is attractive for investors to buy.
If they raise the funds now, it may help improve 2025 balance sheet and help them start 2026 on a better footing, otherwise they would wait until Q2 2026, and the share price may decline further.

yMcy56:
OANDO is also coming for fund raising.....
Awaiting SEC approval

Oando raising fund this year 2025 or next year 2026?

pluto09:
Na for OandO people I first learn the term,reverse acquisition.
Maybe dey are learning from wale and his gangs

Lol
Why always Oando?

emmanuelewumi:
It is 140 times of our GDP per capita

And our GDP per Capita is one of the lowest even in Africa

pluto09:
What we are having now is a pullback.
If we loose about 20% from the top, then we can begin to talk about bearish sessions
Will it turn to a bear market? I definitely don't know

Okay ooo. Let's wait and see.

emmanuelewumi:
99.5% of Nigerians no get liquid assets of N200 million

The point is, what is the real worth of the N200m?
Things are bad now such that a single economy policy by a govt can make that money lose value overnight.
A country where prices of goods and services can just double or triple overnight just like that.
A bottle of water was N30 just a few years ago. Today, it is selling for N200-N300.
It is the trend and fear of inflation.

pluto09:
Recovery for a market that is yet to go bearish?

Really? You think the market is not bearish yet?

pluto09:
People need to be reminded that bull will not continue forever. The bull has been around for some times now that many now view any red as an aberration.
While nobody might say exactly when we will enter a bear market,we all must not forget that the stock market runs in a cycle.

Historically, your point is totally correct.
However, for the current situation the horizon does not look good for a recovery because of the CGT.

PigTormentor:
Over hyped crap. Ain't nothing going to happen.
Trump is using the moomoo Christians in Nigeria to distract people from talking about the Epstein files and his failures in the economy.
He will drop.one bomb in Smbisa and eill claim that he has killed all terrorists in Nigeria.
Soludo just said that Christians are killing Christians in the SE. Chai, democracy go abuse this man tire for speaking the truth.

Stop being silly!
The killings in the SE are not because the victims Christians.
The killings in the North are partly because the victims are Christians. Didn't you see when Deborah Samuel was killed in Sokoto?
Have you heard anybody killed in the SE or SW because he/she blasphemed against the Bible or Koran?

maasoap:
These big importers were told to stop fuel importation but they were doing strong head. Now, e don clear for their eye . Oando should have just continued now

No big importer can just go and import fuel by themselves; it is NNPC that gives them quota and authorization to import the fuel.

InfoGuru118:
https://verynigerian.com/breaking-eastern-nigerian-christians-facing-genocide-nnamdi-kanu-writes-trump-from-dss-custody/

When did Nnamdi Kanu become a ''practising Jew''?

Fred2020:
Is it Donald Trump turning the NSE red, or is something else happening?

Some stocks have very low volume traded.

Donald Trump effect plus CGT

Shalom428:
With all modesty , I have multiple of that in my NGX and my money markets but that doesn't mean I will look that amount less. I don't live in Nigeria, I'm well travelled, so I can tell you for a fact that if you take care of your daily needs and you have 137K ( N200M ) saved , you are RICH by the world standard.

No be everybody wan be like Dangote. It's all about mindset . No be everybody wan build by 5 , 6 duplexes. Some people are very much okay with a bungalow, after all , house Na house. No be everyone wan buy Lamborghini , some people are okay with their Toyota. No be everybody wan buy super yacht and private jets.

No need for unnecessary pressure

Kudos to you for what you have and the positive mindset too.