₦airaland Forum

megawealth01:
😂🤣😂🤣😂

The guy is a billionaire one year from now.! That is his calculation!
He should pray and hope he survives and does not contract a dangerous or terminal disease in prison e.g. Tuberculosis.

But CBN/EFCC can still go ahead and place a restriction or total freeze on his bank accounts and prevent him from accessing the money even after prison. That would be double tragedy for him. That is if the money is still in his account(s)

chimex38:
Some support Ooo..
But I get sha.
it wasn't as unifying.

Also Mbappe fan base factor..

Morocco no get outright star players.. They play more as a team.even with Hakimi.

The Moroccans actually said they were playing for the glory of only Morocco, and not necessarily for Africa.
That also contributed to why many Africans switched support to France

megawealth01:
It pained me that none of my African neighbors supported them against France

France is ''Africa United'' team, so it is easy for Africans to give them support.
Like one African president said (I think Senegal's), the players in the French team are mostly Africans.

megawealth01:
Seems like Morocco isn't part of Africa?

That is the mentality of some of them. Maybe because they are so close to Europe. The problem is they cannot just join Europe by force, so they make do with their association with ''Africa''. You can see how they treated Senegal fans
For me, Egypt is more ''African'' in their attitude than Morocco.

deathwing:
Pay 1500 for N23 (1.25%) of dividend? Won't the buying and selling commission erode the dividend gain?

Some stocks are just overpriced!
Hopefully, future dividends, bonuses etc would compensate somehow

Raider76:
People debating US vs Iran, are you using AI? How do you get the time to write all this text? If you are bored with the sluggish market go and watch market videos on YouTube. Haba.

The fight is affecting crude oil price which also affects Nigeria's economy, NGX and global economics
Some people here are ''professors'' and ''lecturers'' with sound knowledge in these things.
We're learning from them.

Oasisblue:
Raegan and Bush were nothing like tRUMP.

The thing with Trump is talking and talking!
Raegan and Bush would not talk much, but go ahead and get the job done, once and for all.!
But Trump talks a lot and is not stable or consistent in his comments. He says too many things before he attacks, and sometimes reveals secrets e.g. when he wanted to bomb the power plants and bridges in Iran before Iran sent women and children to form human shields around the power installations.
Trump is a ''deal'' man. Once you agree and sign to his demands, he would not attack you.

Oasisblue:
He is NOT a typical American. The typical American leaders all came together to honor one of their own, Barack Obama, when he opened his Presidential Library recently. Ex-presidents across party lines. tRUMP is an aberration the US will regret for decades to come.

A ''typical American'' in this context means a typical Republican e.g. Raegan and Bush., They do not have patience when they want to crush an enemy or terrorists.
Barak Obama is a Democrat. How many times have Democrats ruled America, compared to Republicans? The answer should tell you who is ''typical American''

megawealth01:
You don give up on Wale bayi?

I never give up on him yet, but I cannot ask anyone to tie down his/her investment in Oando for too long if he/she cannot go the long haul or does not fully appreciate the intricacies of the company and industry.
Wale will deliver when the company fully recovers. Recall gave bonuses and dividends of N3 etc. when Oando was making profits 2007-2011

ghm:
Any advice on OANDO?

Please don't say buy-the-dip – no funds left for that. Better stocks are calling.

At ~22% loss, should I sell, take the loss, and redeploy? Or hold?

Any catalyst coming?

@ Prophet Utaka, any prophesy for the stock?

I asked similar questions when I was at a cross road on Aradel, thanks to all the advisers who asked me to hold and I am happy holding. Thanks.

It depends on your goal, strategy and how long you want to invest the money. If you cannot hold for long and you have other stocks with better prospects in the short term, it is better you sell your Oando and invest the money in the other stocks.
This is just an opinion; you may ignore it or take it. It all depends on what you want

crownprince2017:
My oga no vex, we must catch cruise even if it's once in a while.

Agba na my mentor.

This your mentor, na wa oooo!
You must have been learning soooooooo many things from him.! We go hear the results very soon.
This life is an unending mysterious mystery!

crownprince2017:
Nobody is saying u should not criticize, when did antagonizing becomes synonymous to criticizing.

Besides, I was only catching cruise, I never wished anybody bad.

I no be that our friend wey dey wish anybody that doesn't align with his view bad..

A very bitter humanbeing..

I get your drift,
But remember, in a democracy; antagonizing = opposition.
So, there is no way there can be a democracy without some people antagonizing (opposing) the govt.

Depression is bad thing. Don't wish it for your friends or enemies, whether they are in APC, PDP, LP, NNPP, NDC, ADC or wherever!

You also mentioned our ''Oando''.... you dey touch our tail, but we no go talk. We leave you for God! May He have mercy on you people mocking us the Oandites,
Our ''prophet'' is on the ''Mountain'' and is coming back with good ''revelations and prophecy''. Y'all shall witness the goodness of the Lord in due course.

crownprince2017:
Just imagine, you in oando, you antagonizing messi and the same you antagonizing this government since 4 years ago and still doing the same today. Omo depression is not far from you oooo..

Let's stop this hypocrisy about ''antagonizing this govt''. Some of us talk as if criticizing this (or any) govt is a taboo in a democracy.
OBJ criticized previous govt before he became an elected president, same with Buhari. Tinubu critized/antagonized all previous govts before him. Did you wish that anyone of them died of depression?
But here you are, as a citizen, wishing evil (depression) to befall your fellow ordinary Nigerians who may be criticizing the govt. that they pay their taxes to.
If not their govt, do you want them to criticize or antagonize God for creating and putting them in this country?

KarlTom:


https://africa.businessinsider.com/local/markets/days-after-ftse-pause-sandp-puts-one-of-africas-largest-stock-markets-back-on-path-to/bxfbyx8

It was obvious that the FTSE Russell's assessment was wrong and unsustainable.

ositadima1:
Wrong again. Let me tell you why they are not hitting those facilities or the Iranian desalination plants. Iran has made it very clear that if the U.S. destroys any of them, the entire Middle East will lose its desalination plants as well, including those in the GCC countries that support the U.S. petrodollar system.

It is not out of pity; it is because they have backed down. The problem the U.S. is facing is Iran's missile capability. They tried to destroy it but failed. That is what is causing all this restraint from the U.S.

The U.S. was clearly warned that if it destroyed Iran's critical facilities, Middle Eastern oil infrastructure would also go. It is that simple. The U.S. does not want such a crisis on its hands.

It was out of pity that Trump did not bomb and destroy all the power plants and bridges when Iran sent women and children to form human shield around those installations.
Would you deny this one too?
The US can destroy the whole of Iran within few days/weeks if they really wanted to.. High price of oil is the problem for Trump(US)

Iran attacking US military bases in Qatar/UAE/Oman/Kuwait/Bahrain is the most useless and sensekess and weakest response from Iran.

ositadima1:
There is no "other side" in the Strait of Hormuz. The waterway lies between the coasts of Iran and Oman. It is not an open sea; at its narrowest point, it is only about 12 km wide, if I remember correctly. The U.S., which is thousands of kilometers away, has no right to dictate what happens there.

In the same way, the U.S. dictates what enters Cuba by sea. Why is it considered acceptable for the U.S. to control what passes through waters near Cuba? Do you know that Cuba has been under a U.S. blockade, yet you never come here to complain about it? Why?

Dey play.

Have you asked yourself why the 3 ships were attacked by Iran on Monday? Before US bombed them yesterday?
The ships were attacked by Iran because they did not pass through the specific route that Iran demanded they must pass through, so they can toll them.
The Strait is about 35km wide; wide enough to have different ''sides'' depending on how close a side is to the continental shelf of particular country. Iran is not the only country in that area and the Strait actually separates Iran from other neigbhouring countries (UAE, Oman). So there will always be ''other side''..

ositadima1:
I said it here that the war will resume when some people were jubilating, lol. You need to read between the lines to see what is happening. The USA will not back down, not just because of shame and hubris, but also because they need the petrodollars.

It is a fight for survival for the USA as much as it is for Iran.

The AI bubble is loading, and they need the petrodollar to keep the funding flowing.

It is pure madness for Iran to insist that ships passing through the Strait must pass through their side so they can toll it. That is why they attacked the 3 ships passing through Oman's continental shelf.
It is Trump's worry about oil price hike that has been the saving grace for Iran, and they are now using the opportunity to flex muscle to be seen as ''strong'' ond ''powerful''.
Netanyahu is not like Trump that cares or worries about the price of crude oil.

Agbalowomeri:
Meaning the recovery is fake

More woundjurement incoming

That is your interpretation or wish, or both?

Agbalowomeri:
This your 5-year MH

I no dey do MH ooo. I neither believe nor see any sense in doing MH.

CBN regulation, shareholder pressure and competition in the banking industry cannot allow Access to slack beyond 2 years, maximum!
Just like it happened to FBN , Wema etc
5 years ke?

yMcy56:
ACCESS no wan gree for anybody o...
Is this in anticipation of hope for interim dividend??
Presently selling around 24.50/24.75 in market...

Access Bank is very good at current price like when GTB was stagnating at N17-N18 some years ago. If their Q2 result is good, it will jump higher to around N30-N35
Just praying it stays this low so I can buy more.

thebargainhunte:
In March, 2008 OANDO recorded all time high at a price of ₦282.77.

You wan kee person with this info?

BioData45:
Dangote smiling right now

Dangote cannot smile right now.
He imports crude oil which will be more expensive for him to buy now due to the war.
What Dangote sells is refined petroleum.
It pays Dangote for the price of crude oil (his raw material input) to be cheap

megawealth01:
If you like no hustle even if you be billionaire in dollars... Alhaji dey hustle like person wey never see money before

He took a very heavy risk by building that refinery and he is trying all means to get a sound footing for it. Otherwise them fit kpai the factory and himself join if he slacks on it.

GeeKudi:
It has consistently been higher than the 2026 budget benchmark of 65 dollars.

I am referring to the latest crude price rise starting from US-Iran attacks of yesterday

PETERiCHY:
BELIEVE it or not
OIL PRICE movement
DETERMINES NGX movements
WATCH as NGX will PRICE the BREAKING NEWS .

BARGAIN HUNTERS TAKE NOTE !

The oil price movements must be sustained over some time..

PETERiCHY:
https://oilprice.com/Latest-Energy-News/World-News/Oil-and-LNG-Tankers-Make-U-Turns-After-Fresh-Hormuz-Escalation.html


The renewed hostilities and attacks on vessels in the Strait of Hormuz again put an abrupt end to the steady flow of oil and gas tankers moving in and out of the Persian Gulf.

At least four oil and LNG tankers have made U-turns from attempts to transit the Strait of Hormuz in the past 12 hours, vessel-tracking data compiled by Reuters showed early on Wednesday.

The Iranian attacks on three commercial ships on Tuesday, including an oil tanker and an LNG carrier, have prompted some shipowners and operators to pause attempts to transit the Strait of Hormuz as the security situation has sharply deteriorated.

Three empty LNG carriers that were en route to move westward into the Gulf through the Strait of Hormuz turned away from the chokepoint late on Tuesday, according to the data compiled by Reuters from analytics firms Kpler and LSEG. All three LNG carriers were en route to load cargoes at


BARGAIN HUNTERS TAKE NOTE!

You cannot always be relying on the instability, ephemeral reactions and whims and caprices of D. Trump or IRGC Commanders over Strait of Hormuz

megawealth01:
Government of one African nation is operating Ponzi scheme legitimately even the apex bank of that nation give them access abi na accouns

Mention the name na

faceland:
Anywhere Nigerians can freely enter, I am not interested because it would be filled with our worst.

Exactly my fears! I hope Grenada would be able to fashion out measures to curb the excesses

The same govt that says people should praise them for deregulating the petroleum sector and removing fuel subsidy.
Shameless hypocrisy and double standards!

Please, Egypt should help us win this match! I beg

Oasisblue:
Reforms are reflected in macroeconomic indices. The State governors who are supposed to utilize increased allocations to impact people's lives directly and enhance micreconomic indices are doing nothing really. Curiously, Nigerians hardly ever hold them accountable. TBF, I would rather be a governor than President in Nigeria, if I ever go into politics.

You see, if I talk now people would say I dislike the govt.
On what basis or rationale do you carry out so-called ''reforms'' and not ensure they deliver the intended outcome or results?

The macro-economic factors or fundamentals that affect the lives and living standards of the people (inflation, cost of living, interest rates, exchange rates, purchasing power, fuel cost, electricity tariff etc.) are not controlled by the State govts. These things are directly controlled by the FGN. Hence, the FG is duty-bound to carry out economic policies that will reflect positively in the lives of the people. This is because all the institutions and agencies that would implement these policies are under the sole direction and control of FGN. They are not under the State govts.
The Central Bank controls inflation, exchange rate, purchasing power, interest rates etc.. The States don't have their individual central banks.
Fuel cost is under NNPC or Ministry of Petroleum, controlled by FGN. The States don't have their own NNPC or Petroleum ministries.
Power supply and tariff are under the PHCN/FGN. The States don't have their own PHCN, so cannot do much.
Security apparatus is in the hands of FG. States can do virtually little or nothing.

These are the things that are making people to suffer in this country, in abject poverty, hardship and insecurity!
Which state govt advised the president to devalue the naira from N450 to N1400 or to tell us that ''subsidy is gone, whether you like it or not'' on May 29, 2023?

Therefore, it is misleading, deceptive, nauseating, reckless and irresponsible for the FGN to want to shift blame to the States govts for problems that are either caused by or fall under the sole purview of the FGN. They are using PR and propaganda to deceive the people and many are falling for this useless and senseless argument!

The state govts can only pay their workers and a few other things. But what about people who do not work under the States or FG ?

This is not the first time we are having a FG in this country, but they are giving some silly excuses as if there had never been govts in this country before now or the people cannot think!

megawealth01:
As seen on the Internet


Abi na Nigeria Stock Exchange reforms ni?

I tell you this:
Only a govt that cannot tell you how it has improved the well being and security of the people, would be using ''reforms'' as its yardstick for success!
Because there is nothing concrete about ''reforms'