₦airaland Forum

SonofElElyonRet:
The President of Dangote Industries Limited, Aliko Dangote, has said that in the next two years, the company will be exporting almost 16,000 tonnes of fertiliser, which will amount to about $7m daily revenue to the Federal Government.

This man said he would list both dangote fertilizer and dangote refinery 1st quarter 2025 🤔

Twenty twenty What?

PuristForest:
guys brace up for oando ...perhaps to around the early 30s
ellahlakes to 5.7

I no dey play with this guy's predictions.

megawealth01:

Aradel 505 officially. When them want lower price for us naa.
Almost full bid

It's like that aradel seller dey put eye for my account.
Each time I put small money for account he go just raise the price. Na wa oh
I go soon change focus to Seplat again. Seplat and aradel are relatively at the same price right now given their respective OS.

Locotrader:
Na to begin look for a sizeable quantity of Cileasing.We will buy this stock even at N5-5.50

This guy

Agbalowomeri:
It is due for a 1-1 bonus

Amen. Na the first time I dey say amen to Your prayer. This year go sweet oh

Presco 1035 but not officially

mikeapollo:
@ Prophet, you don come again with your speaking in parables about Oando! Early morning fa!

The prophet is seeing things you cannot see with the ordinary eyes.

Why are they attacking fidelity left, right and center. And Sahara blackmailers reporters appear to be the main medium of attack.

Picky1:
Read Oga Street info today.....started checking calculations with this figure on SEPLAT and it is not adding up o!
Almost looking like what was used is 111/2 = 55.5 per share
Can you or anyone else please check again to confirm...Naija wahala no dey finish!

Check very well. They paid in two transactions. One for 3.3 the other for 3.6. so you should get two alerts but both should sum up to N111

Picky1:
Bros, please what is the total naira equivalent (3.6+3.3 = 6.9c) used for calculating the SEPLAT current dividend payment of today.
Thank you!

About N111 per share

jonnysessy:
I just got my Okomu, Wapco, Seplat and Wema dividend.
But, Zenith Bank is still playing hanky panky with me by not paying me completely.
But, dividend dey sweet o.

https://doclib.ngxgroup.com/Financial_NewsDocs/44155_SEPLAT_ENERGY_PLC-ANNOUNCEMENT_ON_CURRENCY_EXCHANGE_RATE_FOR_Q1_2025_INTERIM_DIVIDEND_CORPORATE_ACTIONS_MAY_2025.pdf

Seplat oh. After collecting dividend today, they have released the exchange rate for yet another dividend pay out. Make them no use dividend take wound person oh.

GeeKudi:
What exactly is Cardinal Stone doing? They hold on to people's money and wait for them to email first before paying. i have never had to worry my head about dividend. What do they seek to achieve by putting people through unnecessary stress?

I am beginning to think the whole thing is deliberate. I have money with cardinal stone too.
But the worse is datamax. They have my GTco dividend but somehow I got my seplat dividend this morning from the same registrars.
Note that I have been getting all my GTco dividends until this last one.
Zenith own be say them no dey pick call them no dey reply mail, them just hold my money for no reason.

Sunrisepebble:
I think it’s worth N100.
Q1 annualized result should give about N9 FY earnings but they tend to make the most money in Q3 and Q4 because of summer and detty december passengers.
Which means the FY earnings could enter close to N10 or in best case N11per share, and with 90% payout ratio, N8-9 dividend is possible.
Based on a historical PE of 9x, that’s N90-99 fair value
Based of dividend multiple of 11.5x last year, N92-103 fair value
NFA but I think it’s a good buy here. It’s not even trading at 70, I’m hoping to see it at N66 for 50%+ ROI

Take a look at Cadbury and tell us what you see pls.

Then look at Airtel.

Plenty good stock just dey this market.

So GTCO decided to cross 70today. Na wa oh

Agbalowomeri:
So when a couple of companies' share gets to 20k or 50k, they should change the rule again? NGX shouldn't be bending rules because of a couple of coys. It is the responsibility of company board to improve the liquidity of their shares na

I think NSe should remove all those restrictions now that the market is a bit stable.
Let it be as is done in Other countries of the world. No limits. If the companies want to manipulate they will still manipulate. It is the job of the regulators to monitor, dictate and arrest such manipulations.
Even with the restrictions, the lower priced stock easily gets manipulated

Agbalowomeri:
Let them remain there or the shareholders do a stock split. It's not NGX fault

At the last AGM, seplat promised to look into the bonus shares option.
Make them give us 10:1 like Aradel. Lol.
But make e no fall in price like aradel oh

KarlTom:
Please add a single '0' behind those your figures...

Lol. You now know agba.
Like some pple were waiting for his GTB N17 call and are now buying at 69. Agba fit dey load Aradel you no go know.

bastardson:
May Aradel never fall to your entry IJN.

How much be your entry self.

It’s so painful that Aradel once moved to 750 and I didn’t sell.

I have been accumulating every month though. But it’s sad to see today’s figure.

I bought some at 470 today thinking I got a good deal.

If you go through the corporate disclosure page on NSE for 12th and 19th May, you will find that some of their staff bought even at 525.
The person/pple selling off might not be controlling share holders. Maybe someone with some good units who just discovered his investment has gone ×100 by the price increase and rights issue that followed.
Or maybe a next of kin selling unexpected loot.

If it were a major stakeholder, then he ought to have made corporate disclosures on NSE portal regarding the sale.

chimex38:
make Fidelity use Weighted Average price of dollar since 2005 to pay back the loan instead of the monumental cost using this 2025.

But as someone said..
These things no suppose get to supreme court..it becomes more serious

Banks will never want to settle until it gets too bad.
Back in the days, a colleague of mine did a case of wrongful withdrawal against stanbic, they refused to settle the case until judgment of N250million was given against them. They now sent a director to the colleague, pleading and pleading for a settlement in reduced sum.
I presently have a case with zenith bank, after acknowledging wrong they offered N500k as settlement for a case we sued for over N1.5billion.

otokx:
Have they even paid Dividend?

29th May is payment date

Streetinvestor2:
We suppose collect from Lafarge today

Abeg as you dey collect, try dey pay tithe so that The business go dey move smoothly. I go send you acct number you tithe

Fidelity selling at N20 and Access trading at N23 is certainly not normal.
With time, one must move away from the other.

Aradel why.
Over N2.3billion in transactions this morning.
Price officially down by N43

NSEstudent:
They should be the same offering, this was the only one I chose the 2-year tenor.

You may be paid today.

It might be a warning sign. I remember earlier this year someone told me that with the rates being offered and the numbers being subscribed, Nigeria has a huge chance of default in settlement of maturing Tbills and bonds.
Last year they paid almost 6 Trillion to banks alone apart from local and foreign investors https://nairametrics.com/2025/04/28/nigerian-banks-earn-n5-93-trillion-from-investing-in-treasury-bills-omo-bills-others-in-2024/
Just 8 banks have N41.7trillion investments in government securities https://www.google.com/amp/s/punchng.com/access-zenith-six-other-banks-grow-investment-securities-to-n41-7tn/%3famp
How do they want to settle all these?

No wonder the subscription level for these securities are reducing.

Aradel go sweet well well. Just a matter of time.

https://businessday.ng/energy/article/renaissance-surpasses-oil-output-target-by-40-in-first-month/

Renaissance surpasses oil output target by 40% in first month...

Renaissance Africa Energy Company Limited says it has outperformed expectations by surpassing its oil production target by 40 percent in its first month of operations, signalling strong early momentum in Nigeria’s oil sector.

The achievement, announced in a statement on Friday by company spokesperson Michael Adande, highlights Renaissance’s swift entry and immediate contribution to Nigeria’s energy landscape, according to a report by the News Agency of Nigeria (NAN).

Adande described the output surge as a significant boost for the joint venture (JV) and a positive sign for Nigeria’s oil production prospects and broader economic development.
The Nigerian National Petroleum Company (NNPC) Limited, which holds a 55 percent stake in the joint venture, commended Renaissance’s performance, hailing it as “sterling and remarkable.”
In a letter signed by Udobong Ntia, NNPC’s executive vice president for upstream, the national oil firm acknowledged the JV operator’s performance for April 2025.
“This is to commend Renaissance Africa Energy Company Limited, your esteemed leadership team, and staff for exceeding the production target in your JV assets for April 2025,” the letter stated.
NNPC expressed confidence that the strong start would spur the company to accelerate key initiatives aimed at boosting output while ensuring sustained base production.
The company also restated its commitment to working closely with Renaissance to grow output, cut costs, and align with evolving market conditions.

NNPC reaffirmed its goal to scale up Nigeria’s crude oil production to over 2 million barrels per day by 2025, with plans to sustain the momentum through 2027 and ultimately reach 3 million barrels per day by 2030.
Tony Attah, managing director and CEO of Renaissance, described NNPCL’s recognition as “encouraging and motivating.”
“For us, it is a taste of the new beginning we have promised,” he said, adding that the company is assessing other high-impact projects and operational strategies to unlock further production potential while preserving existing output.

Attah credited the success to effective collaboration with host communities, government bodies, JV partners, and the commitment of the company’s workforce.
Renaissance Africa Energy Holdings officially took over operations from Shell Petroleum Development Company of Nigeria (SPDC) in December 2024, following final regulatory approvals from the federal government.

But something tells me the big players in the sector might be behind the court action and senate interventions.
They will like to buy up the cement company.
I for one will love to see a merger/acquisition by BUA. Them go give better compensation

Streetinvestor2:
It is not happening anytime soon.The matter dey court.The hearing na next month

I just did some research on the case and I discovered the case was commenced by Originating Summons.
If they don't raise more objections then we expect the case to be concluded by June / July this year.
Cases brought by Originating summons are fought on affidavit evidence. No need for witnesses.
They just adopt their processes in one day, and the court adjourns for judgment.

It's like this wapco divestment is going to be like the dangfood wayo waiting. Hmmm

NnFN and betaglass just dey do 10 10 % on a daily

bastardson:
I didn’t get anything ohh. Never received Dividends before though, I bought Access on the last qualifying date.

What do I do?

I use MorganCapital.

Are dividends paid directly to the Bank Account? I canceled Direct Cash Settlement. does it go to my trading account?

You need to complete and send an e-dividend mandate form to their registrars. That way you get your dividends direct to your bank account.
The direct Cash settlement is different

RodgersAkpafu:
This is not nice

You are the first to talk bout gtbank
but zenith own has become a general embarrassment

According to datamax(registrars for GTco) most mandated done to Access/diamond accounts did not go through.