₦airaland Forum

ojeysky:
Its interesting how UK price is now the target for GTCO when it should be the other way round. GTCO has more investment in naija hence ngx price should be the dominant...the market is growing sha...hopefully ngx go become a big force to recon

Nataba:
Overview by ChatGPT

This news is highly strategic — and has national, economic, and geopolitical implications.

Here’s a breakdown of what’s happening, why it matters, and what it means for Nigeria, Dangote, and possibly you.

⸻

🔎 WHAT’S HAPPENING?

Aliko Dangote — Africa’s richest man — is:
• Planning to build Nigeria’s biggest and deepest seaport
• Location: Olokola, Ogun State (near Lagos, by the Atlantic coast)
• Purpose: To export fertilizer, urea, liquefied natural gas (LNG) and other industrial goods
• Status: He has filed paperwork with the Nigerian government (June 2025) to begin construction

⸻

🧱 WHY IS HE DOING THIS?

Dangote’s empire is logistics-heavy. He already:
• Owns one of the world’s largest fertilizer plants (Lagos)
• Has a 650,000-barrel/day oil refinery
• Exports via private jetty, which limits scale

A deep seaport would allow:
• Larger vessels = cheaper exports
• More control over supply chains
• Integration between Lagos and Ogun industrial corridors
• Reduced dependence on congested Lagos ports

⸻

🌍 STRATEGIC LOCATION: OLOKOLA, OGUN STATE

Olokola is:
• Coastal and deepwater-friendly
• Previously proposed as Olokola Free Trade Zone (OFTZ) under President Obasanjo but abandoned
• Less congested than Lagos = easier expansion

This would finally activate that dormant potential and turn Ogun into a logistics and industrial powerhouse.

⸻

⚖️ WHO DOES THIS AFFECT (AND HOW)?

✅ 1. Dangote Group
• Gains independence from Lagos logistics
• Builds multi-modal export empire (road, sea, possibly rail + LNG)
• Becomes a dominant force in African exports, not just Nigerian

✅ 2. Nigerian Economy
• Boosts non-oil exports (fertilizer, LNG, petrochemicals)
• Attracts foreign direct investment (FDI) to Ogun State
• Could decongest Lagos ports and balance development

✅ 3. Lekki Deep Sea Port
• Faces serious competition — Dangote port could rival or surpass it
• May reduce Chinese influence in Nigerian maritime infrastructure

✅ 4. Ogun State
• Massive opportunity for jobs, infrastructure, and real estate boom
• Ogun could become a logistics hub for West Africa if managed well

⸻

💼 POTENTIAL BUSINESS OPPORTUNITIES
1. Logistics & Haulage: Port construction and operations will demand local transport solutions
2. Real Estate: Land near Olokola may become prime for residential, industrial, and commercial use
3. LNG & Fertilizer Trading: Export and distribution value chains will grow
4. Local Manufacturing: The port may attract light industry, packaging, and warehousing
5. Security & Port Services: Huge need for maritime security, inspection, customs, and insurance

megawealth01:
Dangote To Build Nigeria’s Biggest Seaport In Ogun State LNG Terminal

Africa’s richest man Aliko Dangote has filed paperwork to begin construction of a Deep seaport near his fertilizer and oil refinery plants to make it easier to export...

Nataba:
I really can't keep this to myself anymore...!

I joined the NGX almost a year ago with the aim of making quick money and short term gains. Fortunately, I was humbled after paying several school fees with my hard earned money.

But the conversations that go on here daily and materials recommended has really helped broaden my mindset.

I now see NGX as a path for transgenerational wealth creation rather than a get-rich-quick scheme, if only I can seek for quality knowledge, do my due diligence, act promptly and exercise patience.

With the wisdom I gain here and other platforms I learn from, I've been able to realize some of my mistakes and make more informed decisions.

And the result is showing already in my portfolio. The margin may not be that significant for now, but the lessons I've learnt so far can never taken from me.

Thank you everyone!!!

Toluway:
The fact is most stocks lost today! Not only insurance. Do your check.

Streetinvestor2:
You should have used thr atm machine

brodalikeme:


I go pull shirt enter bush be dat.
Na me and the dog go comot next week.

KarlTom:
3-FACTOR AUTHENTICATION

brodalikeme:
People like us that want to start investment in stock, where do we start from with all the tons of information here.
I need a crash course !

unite4real:
In a sane clime, Zenith Bank stocks price is supposed to take a hit after having 4 days of downtime and trapped funds.

Tpharell:
Thank goodness!
Have been stuck there forever!

MARKETJJC:
I don't think there is any manipulation. Three things will explain this from the little I have learned in this market: (1) cross deal; (2) none of those on the top queue came from the same stock broker as the seller or sellers, no matter your position, a seller will first sell to the in house buyer on the queue no matter his position before selling to another buy on the queue too, (3 )That number one you are seeing there is not actually the number person, the real number buyer may have had his quantities partially filled and he is then move away from the front to the bottom for the next person to be number one, but the original number one person must finish his quantities before that present number one will get his. So it is possible for you to be number 1 at a particular point in time but another person before you will be receiving first.

I hope this haphazard explanation clears you.

Mankind2024:
Lessons from the greatest day trader of all time.

https://www.pdfdrive.com/reminiscences-of-a-stock-operator-with-new-commentary-and-insights-on-the-life-and-times-of-jesse-livermore-d194228224.html

Jesse Livermore, a legendary day trader, lived a life of triumph and turmoil. Born in 1877, Jesse grew up in a poor farming family. At 14, he began working as a quotation boy at a Boston brokerage firm, sparking his fascination with markets.

Jesse's early success came quickly, earning $10,000 by age 20. He moved to New York, trading aggressively, and by 1907, he had amassed $3 million. However, his hubris led to a devastating loss of $200,000 in a single day.

Undeterred, Jesse rebuilt his fortune, only to lose it again in the 1910 market crash. He filed for bankruptcy, but his determination drove him to start anew.

The 1920s brought Jesse's greatest triumphs. He short-sold the market before the 1929 crash, earning $100 million. His instincts proved correct, and he became a Wall Street legend.

Yet, Jesse's personal life suffered. He married four times, struggled with alcoholism, and faced legal issues. In 1940, at 63, Jesse Livermore took his own life, leaving behind a complex legacy.

His story serves as a cautionary tale of market volatility, personal demons, and the fleeting nature of success.

Some key takeaways from Jesse Livermore's life:

1. Market instincts: Trust your instincts, but stay disciplined.
2. Risk management: Set limits to avoid devastating losses.
3. Resilience: Learn from failures and adapt.
4. Humility: Success can be fleeting; stay grounded.
5. Personal life: Balance professional success with personal well-being.
Jesse Livermore's life was a rollercoaster of triumph and tragedy, serving as a reminder of the importance of balancing market prowess with personal stability.

emmanuelewumi:
Does not matter in a cross deal. Who is your stockbroker?

emmanuelewumi:
Effects of artificial pricing, sell at 10% below the market price you should be able to get buyers

Princkez:
also try to queue in 9.30am at the dot so you will be among top offers...

sterlingD:
I would advise you to be patient as you have placed your offer and is your offer price the least offer price

Bimmms:
Please, which website can i use to keep track of the latest stock price? I'm talking about real-time prices