₦airaland Forum

Imalwayshorny:
Why did efcc didn't arrest atiku when he left apc

Do you know what EFCC did and even tried to do to Atiku after he left the ruling party (PDP) at the time?

nosa2:
The 6 and the 9 are always septate until they come together

Another spoilt ''boy''.
Why the emphasis on ''until they come together''?
This world is seriously endangered! Dangerous beings everywhere you go.

jonnysessy:
Hmmmmmm. Agba, you have come again with your dirty mind.

I wrote 6 separately and I wrote 9 separately.

I wonder why you have to merge the two together. Who i explained to, understood me perfectly well.

Both of you are spoilt.
How did Agba know what you meant, and you also knew what he was referring to, when you people have not met?
I know that when counting numeric, you get to 67, then 68, then 69, and then 70. That's all.

Leepeak:
D one wen Dem attack isreal wetin happen
Jesus Christ come down
Abi Mohammed grave open
The same energy isreal take start I thought by now that energy will be times 1000
Wetin happen
Makes Israel attack
U put miliary base around small Iran
Put around small Russian..... Put around small north Korea's
God bless mother iran

Go ask Ayatollah Khamanei, Ali Larijani, the nuclear scientists and thousands of IRCG military generals

Oasisblue:
I am certain investors are already panicking over Atiku's so-called populist promises: Fuel subsidy restoration, increasing electricity subsidy, opening borders for foreign goods to flood into Nigeria, etc.


I think it would spell doom for many companies on the NGX. We already saw what Palm Oil importation did to Okomu's earnings in H1 2026.

The opening of borders will/should be challenged; may be only a few select items should be exempt.
Fuel and electricity are used for power generation, a key cost component for companies. When costs go down, profit increases.
These promises should be well scrutinized and debated extensively; unfortunately most voters are ignorant and vote based on parochial interests.

sterlingD:
It is Oandonians citizens of Republic of Oando (Oando Republic)

Please go away with your ''Oandonians'' name. Very confusing and boring name

We know who we are.
We are ''Oandites'', like the Israelites who were delivered from precarious situations when hope was lost.

londonerr:
I'm only loyal to my money here .... Wale is living the life of a king not a CEO of a company in distress

You need to ''belong'' and ''identify'' with true ''Oandites'' who can ''pressure'' him to put ''smiles'' on our face.
But you are still busy ''forming'' and falling our hand.
''Kwantinue''. The ''sharks'' and ''crocodiles'' are still in the water. .

KarlTom:
You are now helping them service the debt ainit...

No mind am. ''Forming'' both sides instead of being ''loyal'' to ''loyal'' members

GeeKudi:
If I remember very well, I think the resolution has a clause stating "part or all", those things lawyers do.... but I'm not sure if I'm correct.

Yes, you are right. That is my fear.

nosa2:
I am not doing it to assist anybody; I will be doing it to pump my stock hence I need to wait till i have finished buying

Okay, as you wish!

KarlTom:
IF the bolded happens, the funds will be distributed to shareholders NOT the company. So the second bolded is incorrect

Except a motion to that effect is moved at the AGM

You position is exactly the view I hold.
But, if you read the resolutions very carefully, they inserted the phrase ''.... as the directors may decide from time to time....'', which could change the contextual meaning and legal implications.
Like @megwaealth01 always says. ''Wale is a lawyer''

nosa2:
Funny part is that when I mention the stock the usual suspects will still think I am loco

Just mention it if you want to assist guys here.
People would always say something, positive or negative, but at least your conscience would bear witness that you did your best.
Remember, no one knows it all. Your ''north'' today may be someone's ''south'' and vice versa

yMcy56:
Sometimes, shareholders can decide to forfeit such shares for sustainability of the company.
We've seen situations where shareholders forfeited dividends and agreed that the company should use it to improve the company.
If shareholders agree during AGM, SEC will ratify it....... shareholders have higher say than SEC in this kind of decision making.

Remember it was just my opinion.....because till now, we haven't heard about the phased distribution.
I may be very wrong as well.

I know it's an opinion. I am only addressing the feasibility and fairness of such.
New shares can always be created and issued to genuine strategic investors. The shareholders had already given the directors the mandate to do that.

nosa2:
When I finish buying. Be patient

Eii! Human beings and money!

yMcy56:
OANDO's time is also coming...

I'm having some opinion that maybe Wale intends selling the remaining stakes meant for distribution to a strategic investor, that s could be the reason we haven't heard about 2026 phase distribution of shares.

* I think this will be a welcomed development considering the fact that it could help reduce the debt burden.
* I don't expect shareholders to object to this, in as much as this will help shape the company the more.

** If this should be the case, then we should expect significant jump in OANDO's price...
It's even necessary because it's been down for so long..

You may be right about trying to sell the remaining shares to a strategic investor being the reason for not hearing anything about 2026 distribution.
But after selling, who should receive the money? Because the AGM and SEC had authorized that the shares be distributed to shareholders so the company cannot keep what belongs to individual shareholders without their consent. And there could be no ''strategic investors'' apart from Wale himself and his gang.
Shareholders need their shares or cash. They had given enough cash to the company in the past.
Afterall, the directors can always issue new shares to any true strategic investor, as already approved at AGM.

It may also be that they want to complete the RI so those who buy can benefit from the share redistribution i.e. if there is dilution.

GeeKudi:
I wan buy ACCESS but I dey fear make dem no use my head break coconut

Enter the place!

jonnysessy:
Where is U in the FUGAZ ? What am seeing here is FGAZ. I guess the U has gone to join SEPLAT to form SEPLATU.

''S'' is for Stanbic-IBTC
UBA is still significant in the sector

jonnysessy:
Without the approval, we are already having a good showing .......

Zenith, GTCO and Access are leading the show. But, UBA keep lagging behind.

If this wonderful appreciation continues till the end of the market, my portfolio will smile. It had been quite a while i have this beautiful impressive showing in the market

Don't be surprised if the current market rreaction is a response to CBN approval of some of the banks interim results.

9jatriot:
LOL... I do not know if this is a setup but I dare say it is too early to call.

Yes, you're stubborn, so you need to be set up for big time lashing!.

yMcy56:
FBNH @145
ZENITH @127
GTCO @135.50....
ACCESS at above 30/31....

Access will hit N50-N60 range and above once they pay dividend

KarlTom:
I share similar sentiments.
Still observing though...

The market would respond positively if CBN approves the banks' (FUGAZS) interim results with dividend payments.
They provide liquidity that drives the market.

Agbalowomeri:
Surprised to still see the banking index in a parabolic mood

ATH

Them don start with their cunning cunning big big English to confuse the Son of Man!

GeeKudi:
Mr PETER, Is OANDO by any chance part of this OIL & GAS sector?

What kind question be this?
You yourself surprised at your question, abi?

Agbalowomeri:
Are you now denying the analysis Lol

I just want to know whose/which ''analysis'' you are referring to.
Definitely not yours

Agbalowomeri:
My post na for those interested in TA, not for siddon-look like you

Who TA epp?

Agbalowomeri:
ACCESS closing the month nicely is a good sign, as previously analysed a week ago

This should be the highest monthly close on record

Only for long-term considerations

Apollo and Nosa don hammar
EDUARDO has sold

''As previously analyzed a week ago'' BY WHO?
You want to sneak in from the back door?

Agbalowomeri:
ACCESS appears technically set to move on the long term

Needs a weekly and monthly close above 29-30

This man, leave our Access alone.
Go and wait for it at Km N10 as usual.
Why do you want to force your way or gatecrash into Access ''family'' now?
Wetin? You don miss road?

9jatriot:
What is the English name for apollo? That is where the name come from.

The chap I quote, claimed Yar Adua was the best Nigeriana president. I countered him on why that is not true. In my counter, not one sentence praise Tinubu, I stayed on topic.

If you responded to that topic, I take it to mean that you want to counter me on why Yar Adua was the best president, instead what did you do, you tried to bring Tinubu in.

Anyway, I will try and resist the temptation to derail the thread any further, except that I hate the lies you guys try to spin. Musters "I do not support andy candidate"

If yo

Well done.
Clap for yourself and smile!

God1000:
please tell Israel to attach Iran, I want to check something too


And why should Iran attack Israel? They are peace loving people, is it now a crime to defend oneself from evil invaders

Iran isn't scared of Israel, we all watched how they fought for weeks and inflicted damage on each other

US has its military bases in Israel, just like other countries and is flying from Israeli airfield and airspace to attack Iran.
So why is Iran only attacking US bases in Jordan, UAE, Kuwait etc. and avoiding the bases in Israel?
Abeg, make Iran attack US airbases in Israel, I need to check something

GeeKudi:
The market appears to be gearing up for a recovery. Is it time to start buying yet?

Watch carefully before you dive in?
That calm river might be very deep

9jatriot:
Mr Conjunctivitis, all you are doing here is trying to deflect. when a man opens his mouth waa and claims someone whose tenure some of us experienced and claim to be the best president, stating that he opened his mouth wass is not arrogance, I If you truly believe Yar’Adua was Nigeria’s best president, then prove it with metrics. Stop trying to shift the focus to Tinubu.

I know your tactics—you quickly turn the conversation around and try to put others on the defensive. It won’t work this time. If you agree with that fellow who said Yar’Adua was the best, explain in economic terms how he earned that title.

And while you’re at it, how do you exonerate the man who inherited high oil volumes and prices, yet blame another who took over with low volumes and prices? Isn’t that hypocritical?

You also conveniently forget that Yar’Adua canceled the sale of the refineries to Dangote—the same Dangote you now reference as the reason we have no queues.

To answer your question—what’s working? Here’ are a few proof:

https://www.nairaland.com/8686559/update-benin-sapele-road
https://www.nairaland.com/8686069/how-police-rescued-olaide-busayo
https://www.nairaland.com/8685956/north-east-reward-tinubu-votes-gombe-biu
https://www.nairaland.com/8685857/fct-police-arrest-notorious-kidnappers
https://www.nairaland.com/8685445/fct-police-arrest-bandits-spotted
https://www.nairaland.com/8685420/nscdc-busts-illegal-detention-camp
https://www.nairaland.com/8684942/fg-flags-off-reconstruction-gombe-biu
https://www.nairaland.com/8684173/foreign-capital-inflows-jump-84
https://www.nairaland.com/8683626/naira-appreciates-1385-parallel-market
https://www.nairaland.com/8681056/army-rescues-31-kidnap-victims
https://www.nairaland.com/8679438/work-ongoing-second-niger-bridge
https://www.nairaland.com/8679194/tinubu-approves-50-discount-passengers

https://www.nairaland.com/8696256/nigeria-surpassed-opec-oil-production
https://www.nairaland.com/8696129/how-president-tinubu-broke-multi-trillion
https://www.nairaland.com/8695043/tinubu-effect-lagos-bus-stations

You keep pushing the hunger narrative as if hunger started recently in Nigeria. Just like in every other time in Nigerian's history, under Yar’Adua, there was hunger—people complained bitterly.

And on insecurity, what about the suicide bombers attacking churches and police stations in Abuja? Was that not insecurity?

Now you admit reserves are rising—not that you could deny it anyway. But you quickly try to downplay it. In one breath, you credit Yar’Adua for attempting to solve the Niger Delta crisis with money, but when it comes to Tinubu’s foreign reserve growth, you water it down and claim it’s just stability in the Niger Delta. Your hypocrisy is even worse than Street’s.

On power, you still haven’t explained how Yar’Adua was the best. That was my original point—don’t try to deflect to Tinubu.

The same goes for point 5—another attempt to deflect.

As for number 6. You want to blame the man who handed over an ongoing project to your so-called "best president" while exonerating him from how he managed it? That’s illogical.

Mr. Conjunctivitis? It seems you are gifted at calling people names. Interesting.

But can you show or point to me where I said Yar'Dua is ''the best president''?

I am not turning the conversation around and putting you on the defensive. It is the flaws in your own post(s) and the points I raised that are putting you on the defensive. Apologies if they put you too much on the defensive.

A man who inherited a Niger Delta boiling with insecurity, bunkering, pipelines sabotage, vandalism etc. where international oil companies like Shell, Mobil, Chevron etc were being attacked and forced to shut down or scale back operations could not have inherited high volumes of crude oil production. You may contact your paymasters to revise their notes and come back.

Canceling the sale of the refinery was the overwhelming demand of the labour, trade unions and civil society because they believed $750m was too small for the refinery. Even the Tinubu and his AC party (now APC) that you are praising and worshipping today was against the sale of the refinery. Can you see the shallowness and hollowness in your argument once again?

I can see that you listed the following as ''achievements'' of the present govt:
i.. Naira appreciating to N1,385:$ (please tell us what it was before Tinubu)
ii. Update-Benin-Sapele-road (please tell us what happened on that road and Benin-Ore road last week)

OBAGADAFFI:
See make yes just dey look

Tinubu is currently running a three-year cycle: 2024, 2025, and 2026.

Fraud !!!