₦airaland Forum

Zagee:
SA 45GW and expanding over 60% utilisation
Mor 11GW abd expanding with 100% utilisation
Nga 13GW and expanding with less than 30% utilisation

Zagee:
Compare power distribution capacity

etokhana:
https://x.com/NTANewsNow/status/1952716271948034510?t=oN0EhGTkScjhwvdcd2ERuA&s=19[/quote]This woman was telling some people a few months ago that she and her husband did not have money and someone had to lend them money.
This is the fourth or fifth time she has donated N1billion within the last 2 years alone.
Where does she get the money from?

Urgent1Million:
Thank you for acknowledging the bolded.
Some people are letting their hatred for Tinubu as a person cloud their judgement of Tinubu's actions as the president of the country.
Dangote has been playing a game of emotion and victimization for some time now.
He wants to convince or even blackmail the president using the "Nigeria first" policy to make Tinubu push for a suspension of important of fuel.
Then Dangote will become a monopoly, create artificial scarcity and jack up prices.
Unfortunately for him, Tinubu understands the game in the petroleum sector very well and will never fall for that plan.
Let Dangote and other local refiners compete for the share of the market with other marketers.
Market forces will continue to drive prices and Nigeria will be better for it.

GeneralDae:
In terms of total stock market capitalisation (equities) in all of Africa:

1) South Africa - $1.17 trillion
2) Morocco - $100.1 Billion
3) Nigeria - $59.3 Billion

(As at close of trade yesterday and using official exchange rates)

KarlTom:
ARADEL. +1.17%
CONOIL. ±
ETERNA. -4.88%
OandO. +5.69%

SonofElElyonRet:
Make you no dey quick abuse people. Just because you think so doesn't make it fact

Itzlinda:
I'm just angry I'm just finding out about this thread not long ago.

I have doubled my money since I joined 3 months ago.

I was losing money back to back in crypto

ejimatic:
How would it be for Obi who won two regions in 2033 be the deputy of Atiku who won just a region?

Tinubu won 3 regions

ricson11:

https://www.youtube.com/watch?v=t78fEJyrQyU?si=ZuvGl2J1SQJjXdyc

Speaking live on Channels TV, Festus Keyamo stated that the three major demographics that gave Peter Obi six million votes in the 2023 election would withdraw their support if Obi agrees to become Atiku Abubakar’s deputy.

He emphasized that both the Christian bloc and the South East region would pull out once Atiku is the flag bearer.

SonofElElyonRet:
Grey rhyme nah.. ok make I collect 100%
"Jegede, please don't delay!"

SonofElElyonRet:
Another day,
Again we pray
It'll go Japaul's way
And in green it'll stay
Not to see hope's ray
Then it shatters like clay
Don't wanna wait till I turn grey!
©Son of El Elyon

faoogoke:
Last last NGX will delist Deap Capital. The signs are just to loud. Anyone entering is doing yahoo yahoo.

Angelfrost:
This is precisely what I said in that very thread...!

These nations should prosecute these criminals without dragging their nations of origin into their individual mess.


The entire nation shouldn't be dragged into international insults and ridicule due to the misdeeds and proclivities of a tiny section of the vast population...!

Kewtt:
https://dailypost.ng/2025/08/04/20-nigerians-on-death-row-in-indonesia-are-from-one-south-east-state-dabiri-erewa/

Glimpsetv:
A Lagos resident has shared a heartbreaking video detailing the devastating impact of a recent flood in his area.

In the video, he says:
“Hello everybody, good morning. This is what I’m dealing with in my area… From August 3 to August 4, both the inside and outside of my house have been completely flooded. It’s like an ocean. Look—my three cars are submerged in water.”

The video has since gone viral, attracting numerous reactions across social media platforms.

Cc: Nlfpmod

https://www.youtube.com/watch?v=Vs6k8sVnLeU?si=0-NlKSU7qIygRxdK

sterlingD:
The result no bad but the cost of sales, general and administrative expense brought them down compared to 2024 and the other comprehensive income for the year net of tax for 2024 made the result of 2024 have the edge over the result of 2025

They need to work on the cost of sales and general and administrative expense.

FreeStuffsNG:
“A painful reality of the equities market is its natural volatility. If macroeconomic conditions are inspiring and corporate fundamentals are strong, equities will remain profitable and liquid. No market sustains a rally indefinitely even in the best of time. Investors need to preserve their gains through sound risk management”.


The record breaking windfall came along with monetary policy and broader macroeconomic shifts which spurred increased domestic and foreign investor confidence.

Thank you President Bola Ahmed Tinubu. May God bless you and bless Nigeria for ever!

bastardson:
Thanks, eventually found it after I asked the question.

People are more interested in Oando.

What is your take on the result. The price has been stagnated for a while

ProphetUtuocha:
So much noise on Oando, but what do we decipher from their recent data?

A fair value analysis based on Oando PLC’s unaudited H1 2025 financial results (for the six months ended 30 June 2025):

0-1Revenue was ₦1.72 trillion (~US $1.12 billion), down ~15% year‑on‑year, mainly due to softer trading volumes and lower realized prices  .

299-0Upstream production surged by ~63% YoY to ~37,012 boepd, supported by integration of NAOC assets, higher uptime, and revamped facilities  .

474-0Gross profit declined 28% to ₦59 billion; operating loss hit ₦158 billion despite net profit of ₦63 billion, boosted by a sizable tax credit and strong finance income (~₦159 billion finance income; ₦209 billion tax credit)  .

735-0Profit‑after‑tax stood at ₦63 billion, essentially flat YoY (~₦62.6 billion in H1 2024)  .

📊 Valuation & Fair Price Estimate

1. Earnings Power

H1 PAT ≈ ₦63 billion → Annualize to ~₦120 billion (assuming H2 performance rebounds).

If the full‑year 2025 profit reaches ₦150 billion (given upstream gains and turnaround from H2), and assuming 2 billion shares outstanding, EPS ≈ ₦75/share.

2. P/E Multiples & Comparables

Nigerian energy peer group typically trades between P/E 8–12×.

Applying P/E of 10→ fair value ≈ ₦750/share; at P/E 8→ ₦600/share; at P/E 12→ ₦900/share.


3. Asset‑Based / DCF Sketch

Upstream reserves ~983 MMboe → long‑term value, especially with expansion into Angola.

Capex guidance of $250–270 million for H2 and drilling; if production rises beyond 40k boepd and oil price stays strong, cash flow improves meaningfully.

Simplified discounted cash flow (very rough): if free cash flow stabilizes at ₦200 billion/year (~US $160 million) with WACC of 12%, a perpetuity value ≈ ₦1.67 trillion → per share fair value ~₦830 (assuming ~2 b shares).

🔍 Summary Fair Value Range

Method Estimated Value (₦/share)

P/E = 8× ~600
P/E = 10× ~750 (central estimate)
P/E = 12× ~900
Simplistic DCF ~830
Implied fair range **₦600–900 per share**

🚩 Key Risks & Considerations

AGGRESSIVE tax credits and finance income distorted H1 earnings; H2 may not repeat that boost.

Volatility in global oil prices, FX rates, and downstream trading margins could swing actual profits.

862-15Balance‑sheet concerns: equity had negative retained earnings at H1 (summed group Equity ≈ ₦−270 billion)  .

Capital restructuring and debt conversion plans are underway—these may dilute existing shareholders or alter capital structure.

✅ Bottom‑Line Estimate

If H2 execution picks up and trading improves, ₦700–800 per share seems a reasonable fair‑value midpoint today. A conservative stance using a modest P/E of 8 yields ₦600, while a more optimistic surprise or smoother H2 execution justifies nearer ₦900.

emmaodet:
AI? in Oil and gas? And you believe that? To reduce cost?
The Oando management is a very funny and crafty one.

megawealth01:
You are dealing with a COWBOI so you should expect anything

Wale should help me drag OANDO further down so I can fill up my bags.

megawealth01:
They scared people into selling off their holdings na before RAISING THE STAKE

Those who sold off at ridiculous prices can't buy back at times 2 of what they sold their MTN....

IT'S ALL A GAME 🎯

megawealth01:
I don't think so. Wale knows this game better

Las las Wale and his boys will buy una out with this game just like MTN did

Raider76:
More like a confirmation though of what they have always been. This is serious manipulation of market sentiment. So the next trench will only come if the full year 2025 results are bad.

Ablesam171:
These Ghanaians sef.
Always talking about Nigeria, we live rent free in their minds.

Do they think the Naira and Cedis have the same value? There’s no way MultiChoice (DSTV and GOTV) would charge the same subscription fees in both countries.
If they want things to be equal, they should also tell car dealers, grocery stores, electronics sellers etc to match Nigerian prices.

Those people wey dey compare Nigeria to Ghana and other small countries wey dey West Africa (ECOWAS) neva travel go there before.

Yes, there are countries in Africa that are better than Nigeria but they're not in West Africa.
Our money and their money no be mate.
Nigeria mate no dey West Africa na.... Shey you dey waine ni!!!

GeeKudi:
From the press release by Oando following the H1 report:

"We are pleased to announce that the distribution process has now received all necessary regulatory approvals, including clearance from the Securities and Exchange Commission (SEC). With these approvals secured, Oando confirms that the Tranche 1 distribution is expected to be completed on or before August 8, 2025."

Redoil:
these are parts of the lies the cowboys want us to believe so they can steal every thing until price go up and never come down

GeeKudi:
From the press release by Oando following the H1 report:

"We are pleased to announce that the distribution process has now received all necessary regulatory approvals, including clearance from the Securities and Exchange Commission (SEC). With these approvals secured, Oando confirms that the Tranche 1 distribution is expected to be completed on or before August 8, 2025."

Agbalowomeri:
You dey worry yasef. Wale and co dey chop una margin Lol

Raider76:
Is it ok to now finally say that the ENI acquisition by Oando has failed to affect its top and bottom lines? It is now 4 quarters since the acquisition.