₦airaland Forum

awesomeJ:
Your opinion is that borrowing more money is proof that they're utilizing their revenue efficiently??

You seem to like making statements that contradict yourself.

It's not hard to see that if the funds they currently get were efficiently utilized, they won't need to borrow at least not as much, why you think otherwise is strange.

Someone receives N100 and he is unable to fix roads, schools, hospitals etc.
Now, the same person is expected to receive N70 and give N30 to others (called shareholders). Do you now expect him to be able to take care of the same (or even more) roads, schools, hospitals etc with N70?

Wish you good luck!

megawealth01:
It's weekend my bro. I don carry my popcorn with wine to read comments 😂

Popcorn ke?
Why not ''isi ewu'' and ''nkobi'' combination?

essentialone1:
Oando is bullish now

Where you see that one?
Abi wetin you dey talk?

megawealth01:
Everyone with their strategies. The era of name calling don end tey tey that's why I like as analysis dey happen here so adults can make informed decisions without calling names and besides jagaban is working hard[b][/b] 😂

Yes, Jagaban is the ''best''. Na true. It is even true sef.
I no go enter your trap this Friday evening.

awesomeJ:
Again, if they collect 70%, it only reduces the profit portion of FG's income from NNPCL, It doesn't at all reduce the taxes and Royalties, if anything it will likely increase those cos the entity will have significantly bigger operations.

Then out of the 70%, the government still gets 10% minimum as taxes when those billionaires take the profit.

Ultimately, the issue with Schools, hospitals and roads won't be availability of funds but largely efficient utilization of funds.

And this is not just theory, cos you and I know that US which is the largest producer of crude and produces over 12 times what we produce has no NNPCL equivalent, but their schools and hospitals aren't on the same level as Nigeria's.


This is not to mention that in reality, elumelu and otedola can't raise the liquidity to by 30% of NNPCL talk less of 70%.

Where do you think the 10 richest Nigerians outside Alhaji and RABIU would get $50bn combined?

What is there's no Yari to buy another overpriced Otedola's stake, isn't his asset mostly just paper valuation?

Fbn isn't really worth 5x accesscorp na.

Even when the govt alone is collecting 100% of all these revenues, taxes, royalties etc, the roads, hospitals, schools etc are bad.
Now you want to give part of the funds to other ''shareholders''

Govt is busy borrowing because of ''inadequate funds'', but here you are, saying the issue is ''efficient utilization of funds''!
We like speaking grammar with terminologies in this country, just to twist narratives and support our position!

megawealth01:
Really? You won't understand my Oando games

On a more serious note, I am fully in Oando with you, if you would stay,
But if the price rises, I may sell some units to buy refinery IPO. I already planned for some funds but I want to buy more.
Dangote refinery at 1.4m capacity is not something I want to miss.
Definitely a 100% gain by 2028, latest.

SonofElElyonRet:
But you don talk say you fit buy because of Otedola and you no go come back come tell us say you don buy...

You leave am.
Person wey go buy because of ''patriotic calculations'' very soon.
Na so he talk before him come enter ''political calculations'' for Oando. Wale come hook am for throat!

megawealth01:
3 reasons why I'm not buying Dangote refinery IPO.

1. Money does not make noise.
2. Wealth does not invite you to 'join us.'
3. The people who will make money in the short term are those who bought private placement. This is not financial advice

© Praise George

Okay ooo. Every man with his strategy.
You no believe Dangote, but you agree to join Wale!
God dey.
Any theory na theory. Man no die, man no rotten.

Agbalowomeri:
Do they use your roads?

Okay oo.
Na true you talk sha

GeneralDae:
But this is not true. Saudi Aramco and Petrobas amongst others listed their upstream

Okay ooo. Imagine NNPC getting listed and HNI like Otedola, Elumelu, etc buys like 50%-70%+ of the shares. And they collect billions of naira as dividends every year with most roads, schools, hospitals in Nigeria still bad!

awesomeJ:
You're saying Aramco(2222) doesn't include the upstream business? check well na.

There's no big deal listing NNPCL's upstream business, it doesn't stop the government's revenue.

If NNPCL lists with MoFI and the petroleum ministry still holding 90% of the entity, the government will still be getting 90% of the profits and 100% of the taxes and Royalty it currently gets.

The 10% dip in profit they currently get might even be recovered several folds if the company becomes more efficient on listing, especially if the capital raised from the 10% dilution is redeployed into the business.

Imagine 10% stake sold to raise $7bn that makes their NEPC subsidiary start producing an extra 200k boepd as an operator. That alone would make the government get more revenue overall compared to the status quo.

Okay oooo. Best of luck.

SonofElElyonRet:
The second one will be dangote refinery and the third Japaul.. let's revisit my post by 2027 year end

Ewo ni t'epe?

faoogoke:
Abeg what is today's closing price. Stockbubble is giving different prices.
Bubble price different from price when you click the Bubble

Na wa ooo
You still dey ''click the Bubble''....to see if money dey inside the Bubble!
Money no go kee person ooo.

GeneralDae:
NNPCL is Nigeria’s largest firm and Africa’s second largest firm. They can easily float $70 Billion on the NGX to surpass Dangote (if they list all their ventures).

NNPC will not list the major upstream business because that is where profit on sale of crude is used to finance the national budget.
Only the downstream business (retail filling stations) can be listed and that is nowhere near $70b or Dangote.

No National Oil company (NOC) would list its major upstream business on a stock exchange and distribute its earnings to shareholders (who may be billionaires already) instead of using the funds to finance the budget and develop the nation. It wont happen!

awesomeJ:
Allotment will happen before listing. i.e subscribers will have the shares in their CSCS before they list.

That is if everything will be credited to CSCS accounts and there would be no physical share certificates at all.( a lot of new investors without CSCS account)

Nigerian Consumer Goods Firms Are Earning Less in Dollars Than Before The 2023 Reforms (Devaluation)

https://nairametrics.com/2026/09/10/nigerian-consumer-goods-firms-are-earning-less-in-dollars-than-before-the-2023-reforms/


No be me talk am ooo.

Oasisblue:
It's beginning to look like the sell-offs to position for the DangRef IPO are over. I think institutional investors sold off in June to participate in the private placement, while retail investors are selling off in Sept.

NGX is beginning to look up, and I expect things to get better when FTSE kicks in over the next 10 days

The refinery shares will be scare after listing as Alhaji, NNPC, HNI, institutions etc have taken up about 97% or more.

WhizdomXX:
Explain please Sir. I thought it will be listed by first week of December.

The listing may be done earlier, but getting the shares credited to your CSCS account may take longer.
I am not even sure if they still issue share certificates nowadays

Streetinvestor2:
Spread ur purchase among madam and children. Then after u can transfer. I think it is now free to transfer among fmly members

Thanks. I will even do more than that. Them dey craze!

Agbalowomeri:
Na six months o. But na part of the game na. Just put in as much as you can then they will give you more according to your subscription

Don't worry, I have a formula for them.
I will go open my 2005-2007 IPO records for them

Agbalowomeri:
You cannot escape refund

That is my headache now.
I don't want anyone to hold my funds for 2-3 months and return it without any interests

megawealth01:
You go buy IPO abi you no go buy?

Me, I want to buy the IPO big time.
I just hope to get the funds and be able to buy as much as I want, without any part-allotment/refunds
Some people are focusing on the current capacity of 700,000 barrels; my focus is on 1.4m barrels after expansion

chimex38:
They have to list the entire conglomerate.
Na Nigerians get am.

Na the listing go reduce future corruption. "reduce"

Dey play
You want them to list and share the profits from sale of crude oil which is used to finance the budget, pay salaries, capital projects etc?
Impossicant!

chimex38:
If NNPCL eventually list on Ngx;
Heavy Weight Market Cap champions:
NNPCL
DR
OandO
Seplat
Aradel

Ngx becomes Oil commodity exchange.

The NNPC listing can cause a lot of disruptions because of govt influence and control,
A company with so much controversies, allegations of corruption, fraud, unaccounted subsidies etc. listing on the bourse may end up corrupting the NGX as regulators may find it difficult to strictly apply the rules to them.
They also have to clarify which segment of their business they are listing e.g. upstream or downstream(filling stations, lubricants etc).
The upstream is the cash cow for govt. budget finance, so it is not likely to be listed.

GeneralDae:
NNPCL stepping up now even more

NNPCL ke?
It is rather the upstream oil companies like Shell, ENI, Mobil, Seplat, Aradel, Oando, Conoil etc that are producing the oil.

Dogalmighty17:
Over the next few weeks or possibly even days, the price of crude in the international market is going to increase geometrically. This will have terrible ripple effects worldwide. All because of the alarming idiocy of Donald Trump.

While the US was focused on containing Iranian activity in the strait of Hormuz, the Iranians had their eyes on a more critical strait in the red sea. The strait of Bab El-Mandeb. This strait is very critical to all Saudi Arabian oil exports. And Iranian allies, the Houthis in Yemen, are possibly days away from capturing it.

If Bab El-Mandeb falls into the hands of the Houthis, Saudi Arabia can kiss crude oil exports goodbye. But that isn't enough. The Houthis have developed their own precision guided missiles that they can target vital assets in Saudi Arabia. Critical crude oil extraction facilities in Saudi Arabia have been shut down as a result.

In 2002, Saudi Arabia, the US and the UK engaged in a brutal bombing campaign against the Houthis and achieved nothing positive. Saudi Arabia even deployed foreign mercenaries, paying them 5000 dollars monthly to fight and yet the Houthis wiped out a good number of them. Saudi Arabia, the US and the UK, shamefully withdrew.

There are over 300,000 Houthi fighters. Men who welcome and actively search for death. Nothing will dissuade them from taking the strait of Bab El-Mandeb except the US puts boots on the ground. The Houthis already took a very critical port on the red sea today after brutal fighting against Yemeni government troops and Saudi backed mercenaries. Oil prices are inching up as a result.

Saudi Arabia cannot just watch its economic lifeline being cut off. It will be forced to act but air power alone won't be enough. Troops have to be on ground. Iran and its allies will take up their targeting of Saudi crude production assets a notch. This will do wonders for the international price of crude and of course the retail prices of petrol and diesel here in Nigeria.

Fuel prices here will increase more than they currently are here in Nigeria . President Tinubu will not be responsible for it. There is nothing he can do. So let's all brace up. The coming days and weeks will be very rough

It is spelt "Strait" not "StraiGHt"
Remove the GH

megawealth01:
This will shock you… some of you might even rethink Dangote Refinery IPO after this post.

Please fact check me… no emotions… only facts!

Dangote Cement was listed on the Nigerian Stock Exchange at ₦135 per share on 26 October 2010.

Dangote Cement is now trading at ₦1,034 today.

If you bought 1000 shares in 2010, you spent only ₦135,000 and your shares would be worth ₦1,034,000 today.

That’s a massive 666% PROFIT.

Jesusssss. Massive.

Oya wait…

In 2010, that 1,000 shares at ₦135,000 represented approximately $890.

Yes, that 135,000 Naira was actually $890.

After 16 years, your $890 investment yielded ₦1,034,000 which is $780.93 today.

While you are celebrating 666% profit in Naira, unknown to you, you have actually LOST THE ENTIRE VALUE of the capital you invested.

If you invested the same money in Apple on the same day Dangote Cement was listed, your N135,000 ($890) would be worth $25,917 today - minus dividends oh.

If you invested that money in Bitcoin on the same day Dangote Cement listed, your ₦135,000 would be worth $457 million today.

I want you to think deeply about this…

Out of excitement, Emeka invested ₦135,000 in Dangote cement on 26th October 2010. Today, 16 years later, that invested is worth less than $780.

But if Charles had invested the same amount in Bitcoin on the same day, he would be worth $457 MILLION DOLLARS today - That’s about ₦605.1 BILLION in Naira.

I’ve fed all the data about the overhyped Dangote Refinery IPO into my personal automated AI trading bot and I asked it to help me decide whether to invest in Dangote IPO, Bitcoin Spot or GOLD - omo, smart investors no Dey follow HYPE OH but data and real technology.

Remember, no emotions… only facts! Fact check me and let’s have an intelligent conversation. Can we bet some money on this - I want someone to put $1000 in Dangote Refinery and I’ll put the same amount in Gold or Bitcoin Spot and give it 3 years and see what happens. Anyone willing to take the challenge?

Lesson: To be a skilled and successful investor, you must remove emotions.

I tried my best to get into the Dangote Refinery Private Placement. I assembled friends and raised about some funds. But our efforts were blocked because it was not just a money thing , it was an inner caucus thing. Only 3% of 120 Billion shares will be listed to the public. Dangote controls almost 85%. And his friends control the rest and tens of millions of you will start fighting for 3%. I mark myself SAFE from the Dangote Refinery FOMO.

Let’s keep building. One day is One day.

Congratulations in advance to everyone participating. Do not be discouraged by this analysis. Go for it. I’m writing for a different audience - the diaspora audience who have access to more options. If you live in Nigeria with very limited investment options, this is a good opportunity for you.

© Charles Awuzie

What you said above may be every very true. Real facts.
But if we are to folliow the analogy, then no one would invest in the NGX. What you said applies to all stocks listed in the NGX. The foreign stocks like Apple, and gold, bitcoin also outperform most of the stocks in NGX.
You also have to remember that not everyone has the opportunity or skill to invest in foreign stocks.
The main problem is the reckless devaluation of our currency, rather than any particular stock listed on the NGX. If the US govt had also devalued the dollar recklessly, the result of your analysis would be different!
People become poorer when their currency is devalued, but some others believe in the "money illussion" i.e thinking rhat a bigger quantumn of money indicates bigger wealth without considering things like the excchange rate, purchasing power, inflation etc.

That is who and what they are: they want yo see the West, especially America and Israel destroyed! They cannot fo it because hey do not have the means to. If they could, they would destroy Israel and the West in 2 seconds!
They seek pity but are extremely wicked!

veecovee:
Thanks great man

124billion !!

Price appreciation go hard here oo😧

Alhaji, his friends, NNPC and other institutional investors could take 120billion units of the shares or more.
The free float in the hands of retail traders may not be up to 4billion shares, so the price can still appreciate if their financial performance is solid and govt does not frustrate them with their shenanigans (I mean govt generally, not referring to present govt only)

Agbalowomeri:
Just dey play
In 2008, na regulators and stockbrokers dey hustle to get out of the market while the market was on a free fall. Regulators are not here to protect you from losing money. Losing money is part of the market

Agbalowomeri! Agbalowomeri!! Agbalowomeri!!!
How many times did I call you?
You like wahala ooo

essentialone1:
https://businessday.ng/news/article/naicom-rejects-n100bn-recapitalisation-fraud-claim/

Better, thanks for sharing

yMcy56:
OPAY: FAKE SHUTDOWN SUSPECT ARRESTED

* Very good.
For those thinking they can continue to stay behind the keyboard to type nonsense or tarnish a company's image should continue...
This is an evidence that they'll be tracked down and arrested...

** It's remaining the one that issued fake letter on ACCESS ceasing to operate again.

https://nairametrics.com/2026/09/10/police-arrest-suspect-behind-fake-opay-shutdown-report/

https://punchng.com/police-arrest-woman-over-fake-opay-shutdown-notice/?amp

Na woman oooo. Make them leave am abeg.
''She'' who is without ''similar ''sin''should come out and let's see!

Only God knows how many women have lied and made false allegations against different people in the past ....their brothers, accusing boyfriends of double-dating, colleagues at work, accusing husband of having side chicks, rival ladies, friends in school, in the office etc,