stuffs2002: Ooni keeps denigrating the royal stool he represents. Why visit a person that has been rejected in Ghana. The so called Eze is not even qualified to be a King in his village yet wants to be a King in far away Ghana where he has no roots
This happened years ago, long before 2025 when the Ghanaians revolted against the so called Eze Ndigbo. It happened when the Ooni paid a visit to the king of the Ga people of Ghana, who migrated from Ile-Ife.
Ooni's visit does not give legitimacy to whatever the guy calls himself. The Ooni is young, humble and accommodating, and he even visits his personal childhood friends. It is the desperate Igbo guy that is using all these pictures to deceive the people that he is indeed a king.
The State of Palestine is recognized as a sovereign state by 147 of the 193 member states of the United Nations, which is just over 75% of all UN members. This number has increased recently with several countries, including Ireland, Norway, Spain, and France (who announced they will formalize their decision in September), recognizing Palestine. - Culled.
Look, no one can enslave a nation forever in this modern world. No matter what you guys think, Palestine will be free.
Recognition on paper that does not hold water. After the so called recognition, let them fly their plane and visit the place, hold rally and elections and let's see. Useless recognition!
dmangodwin: . You contradict yourself in this write-up. Palestine has been on the world map before creation of Israel in 1948.Partition as you mentioned is different from two state creation. When Israelis were returning to middle east from Europe they were welcome with open hands . Trouble started only when America and co decided to create only state of Israel .
The Israelis, the Jews, have always been living in the Middle East. Most of them were sacked from their land by the Romans, but some still remained in their land but they became the minority because Arabs from the surrounding nations took over the land in the absence of the Jews. How can Arabs claim that Jerusalem, or a part of Jerusalem, is their land and must be their capital?
Payunsin: To hell with fundermentals sometimes. I bought 1m units of Transcorp at 47 to play safe , same period I bought 1m of souvreing insurance to play with Insurance don double, fundermentals dey laggard. Had I known..... (Modify) (Quote) (Report) (Share⤴)
1. Strategic Impact * Acquiring Chi Limited (Chivita & Hollandia) gives UACN an immediate leadership position in juice, value-added dairy, and beverage categories. All of which are markets with high margins and growing consumer demand. * Chi Limited is the clear market leader in both juice (Chivita) and drinking yoghurt/milk (Hollandia). * The deal diversifies UACN’s revenue base away from animal feeds and paints into more defensive, high-turnover consumer goods.
2. Balance Sheet and Earnings Impact * The acquisition will boost UACN’s topline (revenue) and EBITDA margin. However, much depends on: * The acquisition price (not disclosed, but see estimate below) * Funding structure (cash, debt, shares) * Integration effectiveness and cost synergies * EPS: If Chi is profitable and growing, it will lift UACN’s earnings power and could justify a re-rating (higher sector P/E, more in line with consumer staple blue chips). * Book Value: Will increase if funded via share issue at a premium or assets injection; could fall if high leverage is used. * Multiple Expansion: UACN will move from a low-multiple conglomerate to a consumer staple profile, attracting higher valuation multiples.
Chi Limited Valuation (Speculative): * Industry Benchmarks: In 2019, Coca-Cola acquired the rest of Chi Limited reportedly at a $500–$600m enterprise value (when Naira was under ₦400/$). * Current market: Nigerian consumer sector has re-rated upwards, and Naira has devalued. Category leaders trade at 2.0x–3.0x sales and 8x–12x EBITDA. * Estimated 2025 numbers: Based on Chivita/Hollandia’s market dominance and the scale implied by 5,000 employees, a conservative 2025 revenue estimate is ₦300–₦400 billion, EBITDA margin of 15–20 percent.
* Likely deal value: ₦540–₦700 billion EV (approx $370–$480m at ₦1,450/$) * If UACN acquires at this range, the implied equity value (after any debt) would be slightly lower, but Chi Limited could add ₦5–₦7 per UACN share in earnings power over time if integration is efficient and margins are sustained.
My Opinion and Rationale * UACN’s Fair Value Impact: If acquisition is at fair price, UACN could see its fair value per share move up by 30–50 percent range based on new sector P/E and increased earnings as long as synergy and brand momentum are captured. * Chi Limited Standalone Value: Using industry multiples, Chi’s standalone value today is ₦540–₦700 billion. * Long-term: If well-executed, this deal could make UACN the top Nigerian consumer staple play after Nestle and Nigerian Breweries.
This is how they make the analyses that lead to huge money!.. After the billions enter the account, they abandon us again because they ''did not have bandwidth''. And dem no even settle guys. Human beings!
DeepSight: I guess that's why the first Prime Ministers of Israel held Palestinian Passports! Carry on.
Palestine was never a country. It was an expression of a geographical area which included Lebanon, Syria, Jordan and Israel. And Syria was like the unofficial administrative capital.
It is similar to the term ''Sahel'', which is an expression of some geographical area that cuts across Mali, Niger, Burkina Faso, Chad etc. It is not a term or word that can be claimed to belong solely to a group of people who may now lay claim to a separate country called ''Sahel'' for ''Sahelians''
Let them continue to rant foolishly because of some sympathy! No one can take over Judea, Samaria, Jerusalem, Bethlehem etc, the land that was ruled over by Kings David, Solomon, Hezekiah, the prophets etc. and hand over to some Arabs called ''Palestinians'' from nowhere. Imagine telling Jews that the land which contains the tombs/graves were Jacob, Joseph, Rebecca, Esther, Isaac, David, Solomon, etc. were buried does not belong to Jews but to some ''Palestinians''! It will not happen! The whole world can burn, it will never happen!
MemphitzDgreat1: This further shows that Davido nor get talent.... na just im papa money wey he dey use take do giveaway for people to buy im music
What kind of useless and senseless comment is this? Are you God the giver of talents to people to say someone does not have talent? It takes talent, grace, hard work, humility, patience, opportunity etc. for one to be successful and no human being can say someone does not have talent. You are not God.
Jojodjo: Are Nigerians really commiting crime there or Ghanians are just trying to get back at us for making them leave our country some decades back ?
I dedicate F.T.C to all the struggling Nigerians.
I did not expect Abike Dabiri to say anything different. But in her heart, she knows we Nigerians have a problem with bad reputation all over the world. Not every Nigerian is a criminal or lawless. That is true. But just at go to Ghana (or follow news in the country) about the various crimes like armed robbery, kidnapping, car hijacking, child trafficking, prostitution, etc. and take note of the number and identity of the people involved. A lot of hem are Nigerians.! That is the problem! Then talk about Kenya, India, Malaysia, Indonesia, UAE, Qatar, Thailand etc. (I have deliberately excluded South Africa). They are even doing cultism in some of these countries The truth is a lot of our people are lawless and they take this lawlessness with them when they travel outside the country. They are even committing armed robbery in UAE
So Totalenergies is now a loss making oil company. Na wa oh Eps from N60 to -8
This is an opportunity to monitor the potential price dip and buy when it falls within a favourable range. Huge companies like this will always bounce back after a temporary challenge. Cadbury had some corporate governance issues a few years ago and their share price fell to an all-time low. The same Cadbury is now almost clocking N80. PZ will also bounce back after they are done with their delisting wahala.
Go to South Africa or Kenya to solicit experts in this business of wildlife conservation and how to manage them. Don't try to impress that you know how to do it by force by force and jeopardize the lives of the people!
So the Multichoice BB Naija show is the yardstick or standard that this Onanuga could think of? A whole govt spokesperson in a country with biting poverty like Nigeria? No wonder the country is like this!
Wickedfact: Which whole world? Do you know how many countries Hamas killed their citizens during the October 2023 attack on Israel?
Better direct your questions to Islamic countries.
The criminals were even jubilating and celebrating, and other countries in the middle east joined them to celebrate the massacre of the 1,200 Israelis. Some foreigners and even black workers from Africans countries (working on farms in Israel) were shot and murdered point blank on the ground, for no offence of his. Just because he was living in Israel. Today, they are shouting ''genocide''! Disgusting hypocrites!
God1000: I am Israel. I never miss a chance to claim victimhood while inflicting violence.
In 1947, the United Nations handed me more than half of someone else’s land. A gift I didn’t earn, from colonial powers who didn’t own it. I accepted. My neighbors objected. I called it war—and in the chaos, I began my cleansing. Over 700,000 Palestinians were driven from their homes—some fled, yes—but many were forced out at gunpoint, their villages razed, their names erased.
Then I planted pine trees over the ruins—to hide the memory. Forests where homes once stood. Parks over cemeteries. I made it green so the world wouldn’t see the black underneath. I called it “reforestation.” They called it erasure.
I am Israel. I have never chosen peace—only dominance.
In 1967, I launched a pre-emptive war and seized Gaza, the West Bank, East Jerusalem, the Golan Heights, and Sinai. I claimed it was for security. I held onto it for power. I built settlements, one by one, choking Palestinian towns. International law said it was illegal. I ignored it. My map grew. Their freedom shrank.
I am Israel. I could have ended the occupation. Many times. But I always said no.
In 2000, at Camp David, I offered a patchwork of disconnected enclaves surrounded by walls, checkpoints, and soldiers. I called it peace. Palestinians walked away. I called them extremists. Then I built a wall, not on my border—but deep in theirs. I called it security. They called it theft.
I am Israel. I glorify militarism. I raise children to believe they are chosen.
My textbooks erase Palestine. My soldiers patrol streets with rifles pointed at teenagers. My media justifies bombings. My politicians joke about flattening Gaza. I send airstrikes to refugee camps, schools, and hospitals. Then I say they were human shields.
I am Israel. I elected Netanyahu. Again and again.
Not once, by mistake. But knowingly. I voted for leaders who vowed to crush the Palestinians, to expand settlements, to never allow a Palestinian state. My ministers speak of “the Arabs” as a demographic threat. My settlers burn olive trees. My mobs chant “Death to Arabs.” I call it patriotism.
I am Israel. I speak of democracy—but deny it to millions under my control.
I rule over millions who cannot vote in the country that controls their lives. I build roads they cannot drive on. I issue permits for them to breathe, to move, to live. I bomb Gaza, then seal it off and say it’s their fault. I say I left Gaza—but I control its air, sea, and borders. I say they are free—then I starve them.
I am Israel. I demand recognition—but give none in return.
I demand that Palestinians accept me as a Jewish state—while refusing to even say the word “Nakba.” I ignore the homes, lands, and history of those I displaced. I hold their keys in museums, not their hands. I deny the refugees their right to return. I make laws that call them “absentees,” even when they’re just over the hill.
I am Israel. I cry antisemitism—when what I fear is accountability.
I call any critic a hater. I blur the line between Judaism and Zionism, using one to shield the crimes of the other. I weaponize history to excuse apartheid. I manipulate trauma to justify conquest. I say “Never again”—but let it happen to others, by my own hand.
I am Israel. I will never be secure.
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Silly articles by biased, shallow thinkers. Always ignoring ancient history and beginning their short-sighted history from 1948, for convenience. So Jerusalem, Bethlehem, Judea and Samaria (now so called ''West Bank'') were ruled by Kings David, Solomon, Hezekiah etc. in 1948 or 1967? Did the land of Israel ever existed before 1947? Was Jesus tried and crucified by the Romans in the year1948? Or may be David, Solomon. Hezekiah were not Jews but some Arabs called ''Palestinians''! The land of Israel belongs to Israel, including the so called West Bank!. No amount of propaganda can change that fact!
SonofElElyonRet: Already bought at 1.56 or so.. thinking to add up at a lower price if I get additional funds.. didn't jump in quick sub N1 due to indecision.. it's patient funds anyway. Can wait it out till year end or longer
It is always a good strategy to average down, unless you want to exit the stocks or you have better option(s) for possible higher returns in other stocks. My situation is similar to yours. I will average down heavily very soon, as that would give me the leverage to exit with potential maximum gains or minimal losses, if/when I decide to.
bovali: I don't have bandwidth for back and forth lol. Enjoying my audio millions
Please remember me with some of your millions ooo. I don't mind whether na audio or video. . Who Jah has blessed is blessed, I no wan drag with the person.
bovali: Let me give you people small backstory on Ellah Lakes:
Chuka Mordi’s Background and Ellah Lakes Ownership Structure
Professional Background of Chuka Mordi (Pre–Ellah Lakes) Chuka Mordi is a Nigerian investment professional with over two decades of experience in investment management, financial advisory, and corporate leadership.. He holds a Philosophy degree from King’s College, University of London, and began his career in the UK as an equities analyst at SBC Warburg. He later worked at firms such as Hardman & Co. (focusing on UK AIM stocks), InterSec Research (investment research), and Société Générale Asset Management (covering European emerging markets). In 2009, Mordi co-founded CBO Capital, a Lagos-based private equity and investment management firm, where he served as Managing Partner. He also headed the Infrastructure Financing division at First City Monument Bank (FCMB) in Nigeria. In addition to his banking and investment roles, Mordi held executive positions in other companies – notably serving as Co-Managing Director of Union Dicon Salt Plc in 2014 as part of a turnaround investment led by CBO Capital. This blend of international finance experience and local industry leadership defined Mordi’s career prior to his involvement with Ellah Lakes.
Path to Control of Ellah Lakes Ellah Lakes Plc was a struggling fish-farming company until 2019, when Chuka Mordi and his partners orchestrated a strategic takeover via an agribusiness company called Telluria Limited. In May 2019, Ellah Lakes announced the acquisition of 100% equity in Telluria, effective May 7, 2019. Shortly after, on June 12, 2019, the board appointed Chuka Mordi (who had been a director of Telluria) as the new Managing Director/CEO of Ellah Lakes, replacing Frank Ellah (a member of the founding family). This leadership change was part of a broader restructuring to recapitalize Ellah Lakes and pivot its operations from fish farming to crop cultivation (especially oil palm), leveraging Telluria’s farmlands and expertise. Notably, the deal was structured as a reverse takeover: Ellah Lakes paid for Telluria by issuing new shares rather than cash. In other words, Telluria’s owners received equity in Ellah Lakes, effectively giving them control of the listed company. Approximately 1.88 billion new Ellah Lakes shares were issued to Telluria’s shareholders, increasing Ellah Lakes’ total shares from about 120 million to roughly 2 billion. This equity swap made Telluria’s investors (with Mordi among them) the majority owners of Ellah Lakes – “Telluria Limited actually owns the company,” as a contemporary report observed . Mordi’s private equity firm, CBO Capital, was a core investor in Telluria, which further explains his leading role in the post-merger ownership and management of Ellah Lakes. In summary, through the 2019 Telluria transaction, Chuka Mordi and his investment partners assumed both executive control and a controlling shareholding in Ellah Lakes.
Ellah Lakes Ownership Structure: Historical vs. Current
Historical Ownership: Ellah Lakes Plc was founded in 1980 by the late Senator F. J. Ellah as a fish farming business and became the first agribusiness company listed on the Nigerian Stock Exchange in 1993. For its first few decades, the company was closely held by its founders and early investors. Frank Ellah (the founder’s son) served as CEO from 2008 until 2019, and the Ellah family remained significant shareholders during that period. Prior to the 2019 restructuring, Ellah Lakes had only about 120 million shares outstanding, indicating a relatively concentrated ownership (primarily in the hands of the founding family and a small number of investors).
[b]Current Ownership (Post-2019): [/b]The Telluria reverse acquisition in 2019 dramatically altered Ellah Lakes’ shareholding structure. Telluria’s backers – notably CBO Capital Partners – emerged as the new controlling shareholders of Ellah Lakes. As of the 2022–2023 period, the major shareholders of Ellah Lakes were as follows: - CBO Capital Partners Ltd – ~28.2% ownership (the private equity firm that led the 2019 investment) - Enotie Ogbebor – ~18.8% (an Ellah Lakes director and investor associated with the Telluria acquisition) - Blackman & Co. Ltd. – ~16.9% - Lake Oko Farms Ltd. – ~9.4% (No other individual shareholder held 5% or more of the company’s shares in that period..) These four shareholders collectively owned over 70% of Ellah Lakes, reflecting the concentration of ownership in the hands of Mordi’s investor consortium. CBO Capital, in particular, has been described as a “major shareholder” and key stakeholder in Ellah Lakes.
[b]Changes Over Time: [/b]In the years since the takeover, Ellah Lakes has undertaken further capital restructuring that affected its ownership distribution. The company raised additional equity to fund its expansion in agribusiness. For example, in 2024–2025, Ellah Lakes’ shareholders approved a conversion of about ₦3.1 billion of debt into equity. This debt-for-equity swap led to the issuance of approximately 1.10 billion new shares, which were listed on the NGX in March 2025. The total number of shares outstanding increased from about 2.75 billion to 3.86 billion after this conversion. During the same period, CBO Capital slightly pared down its stake – offloading roughly 81 million shares – in order to improve the stock’s liquidity and comply with free-float requirements of the exchange. Despite these adjustments, the core investor group introduced in 2019 (led by Chuka Mordi through CBO Capital and affiliates) remains the dominant shareholder bloc in Ellah Lakes, maintaining effective control of the company’s direction. This is evident from the fact that the majority of shares are still held by that group and its representatives, even as the company expands and brings in new capital.
Conclusion (my opinion as always): Was a smart public market play. Instead of doing an IPO or registering a new company, Chuka used a struggling listed entity to gain immediate market access, reputation, and funding pathways. It shows strategic thinking that most Nigerian entrepreneurs don’t apply. The structure is similar to what global private equity does. You inject value, control through equity, and scale with investor capital.
Nice to see and read your piece. Seems you've been somehow quiet in 2025, after the ''loud'' Xmas/December of 2024
The Port of Lagos was the Busiest Port in West and Central Africa before the British ever arrived
Lord Lugard had Predicted in 1906 that Lagos was going to be an Economic Power in Africa
Let's stop the hypocrisy and be honest. It is FG investments in Lagos that made it what it has become. Without those investments, Lagos would be what it is today.
Stomoney: Na person wey no get work dey watch this show abi na only me dey look the show as rubbish
Absolute rubbish and nonsense. Nigerians are chronic copycats. Just copying this BB show nonsense since South Africa started it. A clueless nation without direction copying useless things.
SonofElElyonRet: Don't have shares in lafarge but unless there's a bill passed into law that prevents the acquisition from going ahead, mere resolutions by the national assembly can't stop it. Only a new law, or breach of old law or regulations or regulatory authority or higher executive authority can stop it. My thoughts
The House of Reps may influence SEC to reject the acquisition.
Unbiased1: Palestine is Judea. Don't you know history, or do you just cherry-pick the history that favours your argument? After the Romans conquered the Kingdom of Israel, Judea and Jerusalem, they renamed the area Palestina. Palestina or Palestine is a Jewish territory and has always been a Jewish territory. The Arabs claiming to be Palestinians today are products of the Islamic Conquests that took over the Middle East after the fall of the Christian Byzantine Empire, which had previously conquered the Roman Empire.
Don't mind the ignorant people talking about what they dont understand
jonnysessy: The type of arguments we engage on in NSEMPA is very much unnecessary. A good stock remains a good stock because it has good fundamentals, technical analysis and past history going for it. If you are interested in such stock, you know within yourself that come rain come sun it will appreciate and if it fails to do that you are assured of dividends. Such stocks needs no marketing. A good stock market itself irrespective of its price. I would have given one or two examples but I don't want to be accused of marketing a particular stock
While another sets of stocks (don't really want to call it bad) may not have very sound fundamental and technical analysis going for it. It may not have any record of past dividend to show for it. But, it could be a growth stock, moved by sentiment, or bullish season. Some move because the sector in which it belongs moves (bandwagon effects). Such stocks may not have done anything extraordinary but, it is seen to be moving. But, if you are convinced why you staked your hard earned money in it, you should not be bothered about what people say about such stocks.
NSEMPA population may be many but, i believe it is insignificant to the total NGX population where you have foreign investors, large networth investors, pension funds investors and other billionaires contributing daily to the market mix. If someone comes out tomorrow and start bad mouthing a good stock, this will have no effect because majority had tested it and it will continue to soar in price. Such campaign of calaumny will have no effect. But, where we are bothered is if we are in a stock that has no solid foundation and we are not even sure why we entered the stock in the first place, then we panic.
Some of this stocks that really don't have those sound fundamentals and technical analysis are easy to make 100% gain. Some sound fundamental stocks are also hitting 💯 gain in the market but, because of purchasing power only few people will get a substantial unit in his or her portfolio.
In conclusion, you remain CEO of your portfolio. Buy the stock you should be proud of anyday. No level of praise singing or bad mouthing should make you panic in a stock you believe in. Before committing you money to any stock, there must be a reason. If those reasons are still intact and the stock moves up and down, you should not be shaken as the reason for buying is still intact. Nobody knows it all in the world of stock investment. But, you should let your wins be more than your losses. Here is where your risk appetite comes in. Everyone has a different objective being in the market. Always follow your investment objectives and you will soar whether in a bullish or bear market.
Great piece.
My issue is, the focus should be more on giving hints on stocks that we think can perform and give people profits, even though the people must do their research and due diligence very well. That is how we can make money from the stocks market.
Mankind2024: Meet Harry Markowitz, the legendary economist and investor who pioneered Modern Portfolio Theory (MPT) and the Efficient Frontier.
Life and Biography Harry Max Markowitz was born on August 24, 1927, in Chicago, Illinois, to a Jewish family. He developed an interest in physics and philosophy during high school and pursued these interests at the University of Chicago. Markowitz specialized in economics, studying under notable economists like Milton Friedman and Jacob Marschak. He received his Ph.B. in Liberal Arts in 1947 and his A.M. in Economics in 1950. Markowitz worked at the RAND Corporation, Cowles Foundation, and City University of New York, and later taught at the University of California, San Diego. He passed away on June 22, 2023, at 95.
Quotes - "A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies." - "Advisors can create the best portfolios in the world, but they won’t really matter if the clients don’t stay in them." - "Diversifying sufficiently among uncorrelated risks can reduce portfolio risk toward zero. - "The smart investor buys and holds index funds. - "I never was aware of the Great Depression." - "I would never be 100 percent in stocks or 100 percent in bonds or cash."
Achievements - Developed Modern Portfolio Theory (MPT), which revolutionized investment management by introducing the concept of diversification and risk management. - Published "Portfolio Selection" in 1952, a seminal work that laid the foundation for MPT. - Awarded the John von Neumann Theory Prize in 1989 and the Nobel Memorial Prize in Economic Sciences in 1990. - Co-founded GuidedChoice, a 401(k) managed accounts provider and investment advisor. - Served on the advisory boards of several investment firms, including Research Affiliates and Index Fund Advisors ² ³.
Simple Personal Finance Lessons
- *Diversification is key*: Spread investments across different asset classes to minimize risk. - Maintain a balanced portfolio: Allocate assets according to risk tolerance and financial goals. - Rebalance regularly: Periodically review and adjust portfolio allocations to ensure they remain aligned with investment objectives. - Stay invested: Avoid panic selling during market downturns and ride out market fluctuations. - Keep saving regularly: Consistently invest over time to benefit from dollar-cost averaging and compound interest. - Understand your risk tolerance*: Invest in a way that aligns with your comfort level with market volatility.
Culture › Re: Eze Ndigbo Of Ghana, Ihenetu Hosted Ooni Of Ife (Throwback Photos) by mikeapollo: 9:27am On Jul 31, 2025
