I doubt if this affects all banks. It appears to be limited to banks with capital adequacy issues/ enjoying some form of interventions from CBN. But I no too sure oh.
fashionnisir: GEREGU 1141.50 ,so it remaining to dump on the shareholders
Otedola will never dump geregu. Many pple didnt know what happened to FO that led to its rise in price and subsequent fall. Everything about FO rise and fall was linked to geregu.
It was the acquisition of geregu by FO that raised the price from N7.73 at the beginning of 2013, to over N60 when the rumors broke, and over N100 when it became official. It then closed the year at almost N250.
Otedola simply removed geregu for himself alone, leading to the collapse in share price of FO.
The week is almost done. Just one trading day left, yet dangote no want tell us the huge news "that would overhaul the downstream sector" Na so the dangfood take chop some pple money
Chai see the man face. This man no dey chop Una company money. You pple should pls help him. From his suit and tie you will notice that he is going through alot to make this company great.
Sunrisepebble: They (Aradel) paid out almost N12 billion as share-based compensation to employees in Q1 2025. It was cash-settled, so it’s likely that the N750 million the CFO used for the share purchase came from that scheme.
Personally, I think the total amount paid out was quite high. When I was analyzing the financials, I noticed that adding back that N12 billion to profit after tax would have increased EPS from N7.77 to N10.58
The Fertilizer is well understood but the other two. Are two companies going to be listed or three?
I personally do not need clarity. Whatever dangote is listing, I know there will be a rush, but I no dey interested until at least 3 months after listing. E no go dey available for all on the first week of listing. And whenever it becomes available, na overprice go follow.
SonofElElyonRet: The surprise next week obviously isn't listing.. let's wait and see what he's talking about. Perhaps he's going into petroleum products marketing (stations)?
Make he come buy eternal oil. Or is it totalenergies?
I think it might have something to do with NSE cos he talked about SEC
From the video, he intends listing the fertiliser first. He said the surprise will come next week and it will result in an overhaul of the downstream sector. And that the refinery will come on nse after the fertiliser. Hmmmm. Make we just dey look sha
Along the line, I heard something like "the next equity raise" Hmmm make them make small profit first naa. We don dey this thing for long. Make we enjoy small before the next equity raise abeg
PETERiCHY: By August make we chop the #1:00k ACCESSBK INTERIM DIVIDEND first AFTERWARDS we know the next LINE of ACTION.
BARGAIN HUNTERS TAKE NOTE!.
No be lie. I go just wait small to see if honywell go appreciate small with their result, then move back to access with the funds. Honywell never give me up to 40% yet
Agbalowomeri: ACCESS promised you N1 interim and you believe
since this year, I have been in and out of Access like 4times. It's like each time I deposit money for investment it first goes to Access for small 5- 10% before Its final destination. Currently I hold 20% of my Access bank portfolio from January.