Investment › Re: 24 Nigerian Companies Are Now Worth Over N1 Trillion On The Stock Market by mikeapollo: 5:46pm On Mar 16 |
DrMB: Is Nigeria’s economy outperforming its politics, or is the new political landscape driving this growth? 🇳🇬 While the APC has officially secured 100% control across the South-South, North-Central, and North-West zones as of March 2026, the Nigeria Exchange (NGX) is telling an even bigger story. We now have 24 companies worth over N1 Trillion. From Airtel Africa leading at N23.6trn to Wema Bank joining the "Trillionaire Club," the corporate landscape is shifting fast. With the map turning blue (APC) and the stock market turning green, where do you see the most opportunity for Nigeria in 2026? 👇
Source Market valuation is not static and can increase or decrease based on the share price as determined by market sentiments. About 2 years ago, people were shouting and making about Oando when its market valuation hit N1rillion because of the high share price. Today, the share price has reduced and Oando's market value is lower than N1tr |
Foreign Affairs › Re: Macron: Lebanon Should Recognise Israel In Return For Peace by mikeapollo: 4:34pm On Mar 16 |
Proudlyngwa: Hopefully The bot won't ban this.
Israel is different from the state of Israel Israel ceased to exist after the reign of king Solomon according to the Bible. After the Death of our Lord Jesus Christ. Jerusalem was laid desolate as he prophesied.
2000 years later a group of administrators felt they could try to create a fantasy called State of Israel, with intimidation and without consultation to the current occupyers of the land. Since then peace has eluded that area
Until all parties are equally represented and State of Israel goes to its original approved area, there will forever be kickbacks,
This is not rocket science, you can't keep on taking what belongs to me andexpect me to accept it in silence. You typed out of ignorance! Who told you and when did Israel cease to exit? Did the land disappear? Did Jerusalem, Shiloh, Judea, Samaria, Jordan river, Mount Horeb, Mount Sinai etc. disappear from the face of the earth? What you typed clearly shows that those who are occupying Israel (called Palestinians) are not the indigenous owners of the land. The different nations in the region are clearly documented in history, culture and language: The ancient land of Egypt became/is the State of Egypt The ancient land of Syria became/is the State of Syria The ancient land of Jordan became/is the State of Jordan The ancient land of Lebanon became/is the State of Lebanon. ........but when it gets to Israel, then you hear people making senseless comments that the ancient land of Israel is not the same as State of Israel today. Pure hatred, jealous against Israel and Jews because of their special place and heritage in history and the historical landmarks in their country. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:38pm On Mar 16 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:26pm On Mar 16 |
SonofElElyonRet: Good luck to them.. I bow out. Congratulations to Mega and Co Sterling is the only bank selling below N8 currently |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:04pm On Mar 16 |
faoogoke: Providus Bank Private Placement: Capital Structure, Merger Risk, and the March 31 Deadline
Providus Bank Limited's private placement of 9,375,000,000 ordinary shares at N8.00 per share, targeting gross proceeds of N75 billion, sits at the intersection of three concurrent developments: a banking sector recapitalisation exercise entering its final 18 days, a court-sanctioned merger with Unity Bank that advanced to the Court of Appeal on March 13, 2026, and an institutional balance sheet that has expanded significantly but carries a debt funding profile that warrants structured scrutiny. The placement, arranged by Vetiva Capital Management, Cordros Capital, and PAC Capital Limited, closed its application list in March 2026. Its stated objective is digital infrastructure and branch expansion rather than minimum capital compliance, a framing that the bank supports by asserting it has already met the N50 billion regional licence threshold. That assertion, however, sits within a more complex capital-and-merger picture that institutional investors should examine with precision. Private placement at N8.00 per share! This probably indicates that listing would not be less than N8. |
Foreign Affairs › Re: U.K, France, Japan, Australia, Reject Trump's Plea For Military Help In Iran by mikeapollo: 12:01pm On Mar 16 |
madridguy: How come President Trump didn't call the Israel's Navy ?
 Israel has its own coastline with oil and gas and does not rely on the Strait of Hormuz. If Trump bombs the Kharg Island where Iran has most of its oil resouces, everything would come to a standstill and Europe would suffer more |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:57am On Mar 16 |
Itzlinda: I just de press my calculator anytime the price goes up. 😂
I'm 1m plus down 😂😂😂 
It's not easy to lose million in this economy What's million to billionaires like you? |
Foreign Affairs › Re: Responses To Trump’s Proposed Strait Of Hormuz Naval Coalition by mikeapollo: 11:55am On Mar 16 |
God1000: None of them should send anything because he has no single respect for allies and partners
Did he consult any of them before attacking Iran, he thought it was going to be another blitzkrieg operation like that of Venezuela The blockade of the Strait of Hormuz would hurt Europe more than US. They have started buying oil and gas from Putin, the same person they are waging war with over Ukraine, an ally of Europe |
Foreign Affairs › Re: Trump Warns NATO Faces Bad Future If Allies Fail To Help Open Up Hormuz Strait by mikeapollo: 10:50am On Mar 16 |
God1000: He has forgotten how he imposed tariffs on these same countries he's now calling for help
He believes he can rule the world by endless threats towards other countries. Fortunately the great majority of the European countries won't be fooled this time Trump is only trying to avoid or prevent a situation whereby the price of oil would jump too high because of the blockade of the Strait. All the European countries would be affected too. US can survive if the Strait is blocked by Iran but oil price would be too high. Trump is being reasonable on this one. |
Foreign Affairs › Re: "I Am Dead... For Coffee": Netanyahu Responds To Death Rumours In New Video by mikeapollo: 9:55am On Mar 16 |
samsononyilo: I think the man is dead. This is a video from 2024. I pray and hope his successor will be more brutal than him in dealing with these terrorists. Israel would not hide it if he s dead. And yes, there are many more to succeed him and they will be more brutal than him because those terrorists want to destroy and obliterate Israel from surface of the earth |
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Foreign Affairs › Re: Israel cries out , interceptor critically low by mikeapollo: 2:04am On Mar 15 |
Biodun556: https://www.facebook.com/share/1GF7Mvnkwa/
Iran replies we are just starting real war Stupid post, relying on Arab News propaganda and lies. If Israel is running out of interceptors, how many of Israel's bombings in Tehran has Iran been able to intercept? Foolish lies. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:52am On Mar 15 |
SonofElElyonRet: Unity bank should hurry up and list.. any update? Hmmm. That's money talking, finger itching. God dey. He go hear my prayer one day. |
Foreign Affairs › Re: US Deploys 5,000 Troops To Re-open Strait Of Hormuz by mikeapollo: 9:54am On Mar 14 |
Cheapgadget: Pray for those soldiers Some of the US soldiers may die but Iran would be totally, totally destroyed. They are not even able to counter Israel, not to talk of US |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:23am On Mar 14 |
Agbalowomeri: If you get N1 na luck  Where is the N1 interim that they promised? Well, let's see how it goes. I think interim dividend was not paid because they had not concluded the restructuring activities for 2025 at that time. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 7:43am On Mar 14 |
SonofElElyonRet: Ok but when? Acquisition spree ongoing I believe? Anyway eventually I guess.. the game of patience They already approved dividend in the accounts for FY2025, awaiting CBN's go-ahead. |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:36pm On Mar 13 |
Raider76: Shouldn't it be the other way around? Yes, the other way round should be the ideal thing, but the entities are distinct in law and ''Company'' may be doing well while ''Group'' could be making losses because of other undertakings. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:29pm On Mar 13 |
ojeysky: Their heavy debt remains a concern.
Financial Performance (FY 2025) Despite the operational growth, the financial results for the year ending December 31, 2025, were volatile:
Revenue: ~₦3.21 trillion (a 21% decrease from 2024), primarily due to lower trading volumes in their supply and trading segment as they shifted focus to upstream margins. Profitability: Profit after tax (PAT) grew by 10% to ₦241.3 billion, largely supported by one-off tax credits and impairment reversals rather than just core operations.
EPS: Reported at approximately ₦30 for 2025 (up 67% from the previous year). Leverage: The balance sheet remains heavily leveraged with total liabilities of ₦7.26 trillion.
Source: Bros Gemini Pick the financial statements and check the figures under ''Company''. That is where the trick/magic will happen. The figures you referenced are for ''Group'' The more you look the less you see.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:15pm On Mar 13 |
Raider76: FIRSTHOLDCO to pay dividend despite earlier reporting loss. The dividend is probably coming from ''Company'' rather than 'Holding Co' or 'Group' |
Foreign Affairs › Re: 150 U.S Troops Wounded In 10 Days War With Iran (Photos) by mikeapollo: 5:34pm On Mar 13 |
Iran should face Israel fire for fire and let me checj something. All this firing missiles at Bahrain, UAE etc. and attacking ships in the Strait of Hormuz are just diversionary tactics. Israel is the main deal!
If Iran has balls, they should face Israel because Israel has inflicted too much damage and sorrow on them |
Business › Re: Citibank Temporarily Closes UAE Branches Amid Iran's Threat To Financial Centers by mikeapollo: 5:21pm On Mar 13 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:45pm On Mar 13 |
Mankind2024: The Village People Effect in the NGX This occurs when a “monkey hunter” deploys all his firepower to accumulate a stock with weak or questionable fundamentals. After building his position, he launches an aggressive campaign on investment forums, trying to convince inexperienced members to buy the stock. The strategy is simple: create hype, attract the newbies, and use their buying pressure as an exit opportunity to dump his shares. However, the Village People Effect sets in weeks or months later. The same stock that was pumped and dumped suddenly begins to appreciate organically due to improving sentiment or fundamentals. Ironically, the monkey hunter who engineered the early hype is now left watching from the sidelines — regretting that he exited far too early. This is not too bad, after all, you did not mention any name.  Who the cap fits, let them wear it. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:42pm On Mar 13 |
SonofElElyonRet: Access has a way of defying logic though Access is super good at current price and will deliver. Reminds me of GTB at N18. All it requires is to pay dividend of about N3. |
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Foreign Affairs › Re: Iran President Pezeshkian, Foreign Minister, Security Chief March In The Streets by mikeapollo: 1:24pm On Mar 13 |
[quote author=WriterNig post=138756344]
marching in the street is now ''victory'' or ''success'' for Iran's govt? Tell them that Tinubu and Wike can also march in the street of Abuja |
Foreign Affairs › Re: Iran President Pezeshkian, Foreign Minister, Security Chief March In The Streets by mikeapollo: 1:00pm On Mar 13 |
WriterNig: Iran's Foreign Minister Abbas Araghchi:
Today is Quds Day in Iran, and despite the brutal attacks by the Zionist regime and the United States, millions of Iranians have taken to the streets in Tehran and other cities, demonstrating their strong will and determination.
The enemies will be forced to acknowledge the power of the Iranian people. Do you know the meaning of ''Quds Day''? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:12pm On Mar 13 |
Itzlinda: We have bigger and small profits here. I thought all prophets got revelations from God 😀 Yes, but anointing and revelations get levels ooo  |
Celebrities › Re: Yemi Alade Celebrates Her 37th Birthday Today by mikeapollo: 11:43am On Mar 13 |
nlfpmod: Birthday: Yemi Alade Turns 37 Today!
Happy 37th Birthday To Yemi Alade. This girl just likes to expose her big thighs! That is what she does in almost all her videos |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:38am On Mar 13 |
ProphetUtuocha: As earlier revealed, these remain rare jewels: - Access - Uba - Oando Enough said! How can what you just said be enough? Even bigger Prophets before you had to preach severally from the wilderness and mountain tops before people listened to them.  We still have very stubborn ''unbelievers'', ''doubting Thomas'' like Agba here. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:57am On Mar 13 |
Zagee: Poverty did not reduce oo. People just cut down on other needs to pull into food alone.
Ironically, clothing is luxury, shelter is luxury. These are the reality on ground. Schrewd capitalists are the only victor in the society. Exactly. The incidence of poverty has increased and the govt (at all levels) are clueless |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:37am On Mar 13 |
Itzlinda: I believe this was so as of 2024. Things have really moderate last year.
We cook food every Friday and share to less privileges. The number of people coming have drastically reduced.
Before you'll children with parents coming to collect it but now it is mostly Almajiris. Don't you know that people adjust to poverty? People who were eating 3 times per day now reduce to two times, and two meals per day now reduce to 1 meal. Food is very very important but poverty is not only about food. |