Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:52am On Feb 19 |
megawealth01: Reduce the volume broMy prayer my broker will be able to help me with the mandate I have dropped with them to increase my stake in UNITY BANK on the day one of their listing as whatever name they choose... That's the only entity I want to be heavily loaded in as long as the banking sector is concerned. UNITY BANK will end up being the bank I have the highest volume of shares What if they do a public offer? Would your broker still execute the mandate? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:33am On Feb 19 |
wiki15: I hope they don't do List by Introduction o. That one will be hard to buy until substantial rise in price. My prayer is that they do the traditional public offer I had the same concern about possible listing by introduction but hardly has any bank done so since the 2004 banking and capital market reforms. Let's wait and see what happens |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:43pm On Feb 18*. Modified: 6:59pm On Feb 18 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:25pm On Feb 18 |
Agbalowomeri: If Wale and geng be better people, dem for give at least one week notice for qualification so that Oando go rally to 55 at least but na dem wan corner am  I would not even go for any RI in Oando now. My entry price was very low. I have also benefitted from the share redistribution bonus. Did they actually take up everything? I don't think so. The qualifying date was just Feb13, the same day the notice came out so every shareholder on that date qualifies. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:07pm On Feb 18 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:39pm On Feb 18 |
Agbalowomeri: Pikin wey dem born that time don graduate for University
Don't worry I will join you @20 in solidarity   No, wait for us @N7.07 the authentic ''delisting'' price! Wale go shock you guys one day, just wait. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:24pm On Feb 18 |
aumeehn: Thanks for the Inputs Sir. This seems like a lot of work lol i thought its just like buying and selling Forex with a Broker I will go through it step by step Thanks Your stockbroker can do everything for you after you open an account with them and contact them whenever you need to buy shares. . It is very simple. I only gave you more info so you would not be confused when you start trading |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:22pm On Feb 18 |
Agbalowomeri: You think Wale will make money and want to share with shareholders? They are already cornering the company to themselves. Na only them go buy the RI. Las las they will buy out the minority shareholders. If dem give you N100 make you no collect. Dem go carry you go court  You are poking virtually every stocks. What did you say or do when Wale was paying N2-N3 dividend annually around 2006-2011? It may still happen again. By the way, I will be very okay if I collect N100 per share to exit Oando, if sanctioned by the Court. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:52pm On Feb 18 |
Agbalowomeri: Oando will still be back to that delisting when the time is ripe Lol Why always Agba?  Are you now the ''Balotelli'' of NSEMPA? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:56pm On Feb 18*. Modified: 4:28pm On Feb 18 |
aumeehn: Please how can i start Buying Shares? I want to Start Long Term investment in Nigerian Stocks Please just a walkthrough on where and how to buy will suffice Thanks You have to start developing interests in news about various sectors in the economy, the companies, their financial statements, events, projects, developments etc. if you want to be buying stocks. 1. To be able to buy/sell stocks, you need to open an account with a licensed stockbroker i.e. companies that are licensed to buy/sell stocks on behalf of investors (see approved list .... https://ngxgroup.com/exchange/trade/becoming-an-investor/find-a-broker/) The stockbroker would request for some data e.g. ID, BVN, NIN etc. and open a stock trading account for you (domiciled with the broker) and a CSCS account with a CHN (domiciled at NGX/SEC). You may contact/visit some stockbrokers to check their services, office locations, means of trading e.g. online platform or manual documents etc., fees etc 2. You can start buying shares through either: a. Primary Market e.g. via public offer, private placement (new issuance of shares to the public).; this happens once in a while. There are no fees to pay when you buy via primary market b. Secondary Market e.g. via NGX which we discuss on this forum; takes place every working day. You will pay fees when you buy/sell via the secondary market 3. For a public offer, you will see the company adverts and application forms in newspapers, online media, banks, insurance companies etc. If interested in that company/stock, you can fill the form, pay via cash/cheque/transfer to your stockbroker or receiving bank, insurance company etc. It is advisable you keep duplicates and collect receipt as evidence, if possible 4. To buy via secondary market, you need to monitor and identify the stocks listed on NGX (like we discuss here daily) then deposit money into the broker's bank account and send them your purchase instruction (form) with evidence of payment. Some stockbrokers have online platforms for this process. Keep evidence for your records, if possible. 5. Records of your transactions (cash deposits, purchases, sales etc.) will appear in your stock trading account with the broker. But your CSCS account will show only the units of stocks that you have in your portfolio (with NGX/SEC) at a point in time. After you buy or sell a stock through your broker, ensure you request for your trading account and check with the CSCS account(takes 2-3 days), until you master the process. 6. Always confirm the brokers fees for purchases and sales of stocks (each broker's fees may differ slightly) Wish you good luck and remember to look for me for some royalty when you make your billions. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:37am On Feb 18 |
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Politics › Re: Dangote Cement Paid ₦900 Billion In Taxes In 2025 by mikeapollo: 11:10am On Feb 18 |
Obaofaba: If a company can pay 900 billion in tax, just imagine how much they made in profit.
Nigeria is very fertile for business. The N900b cannot be from corporate tax alone. It must be from VAT, WHT, Corporate tax etc |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:06am On Feb 18 |
jckgroup1: Zichis selling above Oando  At what prices ? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:01am On Feb 18 |
KarlTom: ZICHIS. 14.36 ELLAH. 14.10
 No one should compare Zichis with Ellah. Only a few 100,000s of Zichis is sold daily to move the price. Ellah has been trading in multi-millions, so its price is relatively market-driven |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:58am On Feb 18 |
Sirchiboy: Bambooo is removing my balance everday. I am tired of them. My bal does not reflect the real value. Sometimes 5 or 7k missing. I just started with them this year Have you considered the fees , charges, VAT etc? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:55pm On Feb 17 |
megawealth01: FIRST BUY for the year... OANDO... today...
I bought it to increase my stake in the game just in case jagaban decides to favour his nephew The man is already planning to sell some of NNPC stakes (part of national assets) in crude oil JVs to Oando, Chagoury Brothers and others this year 2026. I don't like it but it would likely boost Oando's price if successful. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:29pm On Feb 17 |
Stockpromoter: I understand your hesitation about insurance stocks. Historically, they have underperformed and traded at very low prices for years. But the current situation is fundamentally different. This recapitalization exercise is not business as usual — it is a structural reset of the entire insurance industry. Here’s why I strongly believe that any insurer that successfully meets recapitalization will not trade below ₦10 within the next 6 to 12 months: Stronger Balance Sheets Companies that meet recapitalization will emerge with significantly stronger capital bases. A stronger balance sheet increases underwriting capacity, boosts investor confidence, and improves valuation multiples. Reduced Number of Players Not every insurance company will survive this phase. We are likely to see mergers, acquisitions, and consolidations. Fewer players mean stronger market share concentration and improved profitability for those that remain. Repricing of the Entire Sector Insurance stocks have been undervalued for years. Once recapitalization is completed, the market will begin to price them based on new capital strength and growth prospects — not on their old weak structures. Institutional and Smart Money Entry Institutional investors prefer financially strong companies. After recapitalization, qualifying insurers will meet investment thresholds that many funds require. Increased institutional participation will naturally push prices higher. Liquidity Cycle in the Market The Nigerian market is gradually shifting attention to sectors that have lagged. Insurance is one of the last undervalued sectors. When full momentum enters, price adjustments can be very aggressive. Psychological Price Reset Historically, companies that successfully recapitalize rarely continue trading at penny levels. Market perception changes. A company with solid capital cannot logically remain priced like a distressed entity. I am not saying prices will move overnight. But in a 6–12 month window after meeting recapitalization requirements, it will be difficult for fundamentally strengthened insurers to remain below ₦10. This is not speculation — it is a structural valuation shift driven by capital strength, reduced supply of weak players, improved confidence, and sector rotation. Sometimes the biggest returns come when sentiment is still doubtful. Just something to think about. Wow! It is well. Money and the problem it has created for mankind! |
Celebrities › Re: Throwback Photo Of Fela Anikulapo-Kuti And His Brothers by mikeapollo: 5:13pm On Feb 17 |
SpaceX: Grammy just honored him week ago, go and read about his history you will see the greatness Fela was a radical and the bad governance and govts in Nigeria which he fought against made him a timeless hero. But musically, Grammy award is not evidence or stamp of greatness! There are many great musicians that never won Grammy. The award given to him is due to Nigerians linking him to the current ''Afrobeats'' sound, which is actually false. There is no link between what Fela played as Afrobeat and the current Afrobeats genre, both of which actually originated from Ghana's highlife, hiplife and Azonto sounds. The names sound similar, but there is no actual connection or link between the two. The fallacy of ''repeated lies becoming the truth''! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:34pm On Feb 17 |
iskalamong: Historically, pre-election years are not the best equity years in Nigeria. Many times, in H2, liquidity may dry up and sellers may dominate activities.
It is important to note that the dynamics are different now. Local players now dominate the bourse and positionings are mainly long (buy).
In addition, the maximum equity allocation for pension funds have been raised and market corrections may provide accumulation opportunities for large pension funds.
The two factors above should minimise the level of the selloff.
My opionion.
Cheers 🍻
Iskalamong!
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. Apt! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:08pm On Feb 17 |
KarlTom: ARADEL. -0.26% CONOIL. ± ETERNA. +3.23% OandO. ± This Oando maintaining yesterday close price is suspicious to me. Are those brokers/MM up to something? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:17pm On Feb 17 |
SonofElElyonRet: You don enter access too?  Not yet but Access is an open goldmine for the patient. Just to enter and wait. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:13pm On Feb 17 |
deathwing: I think the fertilizer is more profitable and predictable. Refinery go just dey play game with NNPC every two market days You may some point, but the size and dominance of the refinery is beyond what NNPC can mess with, especially the exports of refined petrol; it has customers across the west African coast line, plus Europe, US etc. Paying dividends denominated in USD, like SEPLAT, would make it unbeatable in the NGX And no govt would dare mess up the refinery as it is now of high strategic importance to the nation. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:27pm On Feb 17 |
deathwing: Anyone know when Dangote fertiliser is listing? I no wan finish my money before then. And Dangote Refinery too! That is what I am waiting for |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:22pm On Feb 17 |
SonofElElyonRet: But Ellah is embarking on acquisition spree which will explode returns Access too will do same with time. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:08am On Feb 17 |
Harddiskng: Make person explain ZICHIS to me.
No single offer and price keeps moving 
Is the market regulator seeing this sakameje  Sakamaje  The more you look, the less you see. They will pump the price to a level and then maybe do a public offer to raise funds at a high price per share. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:53am On Feb 17 |
megawealth01: Is OANDO still mintinng? Oando's journey may take some time to get to the promised land or territory. This is where everybody needs a ''prophet''  |
Foreign Affairs › Re: Cabinet Okays New Land Registration Process In West Bank; Critics Decry ‘massive by mikeapollo: 10:37am On Feb 17 |
Elusive001: Cabinet okays new land registration process in West Bank; critics decry ‘massive land grab’
The cabinet authorizes the opening of a land registration process in the West Bank for the first time since 1967, which ministers who initiated the step say will enable the registration of broad swaths of land to the state.
The terms of the cabinet resolution, initiated by the defense, finance, and justice ministers, authorize the Land Registration Authority in the Justice Ministry to carry out the land registration process, and it now will receive the necessary funding and manpower for this work.
The ownership of some two-thirds of West Bank land has never been formally registered, including in Area C, which constitutes some 60% of the entire territory. Israel has full military and civilian control in Area C, which is where the new land registration process will take effect.
The registration process will allow the registration of land with the Land Registration Authority if it is not currently registered as privately owned.
An official from the Peace Now organization says that although in theory there could be a fair land registration process for all parties in the West Bank, it would be very hard under current conditions for Palestinians to prove and assert ownership claims. This, he says, will likely lead to the declaration of hundreds of thousands of dunams of land in the territory as state land, meaning it will be available to Israel for the development of settlements, infrastructure, and transportation.
While state land is supposed to be managed for the benefit of all civilians, Israel makes it available almost exclusively for settlers.
“The government has approved a massive land grab in the West Bank on the way to de facto annexation, in complete contradiction to the will of the people and the Israeli interest,” Peace Now says in response to the decision.
Addressing US President Donald Trump, he says Prime Minister Benjamin Netanyahu is “annexing [the West Bank] right under your nose.”
Defense Minister Israel Katz, Finance Minister Bezalel Smotrich, and Justice Minister Yariv Levin laud the decision, saying it will create legal certainty in the territory and protect the national interest.
“The resolution constitutes a real revolution in Judea and Samaria,” says Levin, using the Biblical term for the West Bank.
“The Land of Israel belongs to the people of Israel. The Israeli government is committed to deepening its hold on all parts [of the land], and this decision is an expression of that commitment.”
https://www.timesofisrael.com/liveblog_entry/cabinet-okays-new-land-registration-process-in-west-bank-critics-decry-massive-land-grab/[b][/b] Judea and Samaria belonged to Israel, from time of King David, Solomon etc. Calling the place the term ''West Bank'' does not change anything. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:22am On Feb 17 |
zendi: Oga Aliko and Oga Mike themselves, why they no wan slow down small make we even come near, let alone catch up? Money is like salt water, the more you drink, the more you thirst. So they say, I've never been cast away at sea.
 So you have been ''drinking'' money like water! God dey  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:27am On Feb 17 |
Sunrisepebble: Are we to expect another rally today ? I’m placing some sell orders at max All the multi-billions you have in your portfolio never do you? Haba! I tire for you NSEMPA guys that want to overthrow Dangote and Adenuga. |
Sports › Re: NFF Reacts To FIFA ‘verdict’ On Nigeria-dr Congo Eligibility Dispute by mikeapollo: 9:00am On Feb 17 |
CoinCharmer: So Congo that fielded fake players is not using back door  What do you mean by fake players? Players that FIFA cleared to play for DR Congo? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:54am On Feb 17 |
leo1234: Don't mind him. It baffles me how folks easily throw negative words around. In a faceless forum for that matter.  Very unfortunate, |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:33pm On Feb 16 |
Seunn11: Anchoria or not, Oando will soon get to where 10% of Aradel will not be bigger than oando. Oando has really suffered indeed. With the kind of reserves they have (bigger than Aradel's), the price should not be 1/20 (5%) of Aradels price. Haba! Wale must redeem himself oooo, |