₦airaland Forum

Xidget:
This DANGSUGAR and NASCON bull is not ordinary o.

THE "NEWS" IS COMING

Calitoscassius:
Jealous hence chopping the hair off personally, she shoulda sent her home.



Yes! I agree!

Thats not Jealousy

That woman probably has a daughter with the same hair.

erico2k2:
So the medical association allows for student hair to be cut right?
the way you guys reason at times plainly shows why you lot deserve the leaders yah have,

Nigerians.

Matron nurses can sanction junior school nurses.

Calitoscassius:
Okay.

I agree! she had no blaady right! She probarbly was jealous.

jealous how?

The medical profession doesn't allow long hair to be untied.

Shayo master

So TINUBU stoped Rivers State Allocation over a wrong judgment

Shinjawestern:
They see it as a religious war .

I love when Israel kill those terrorists and their babies

Death to all islamic terrorists

Muslim countries.
So it is a religious war

That should be the First Step before dating

Biodun556:
President Putin still uses analog phone till today

German still relies on paperwork and analog up till now

You get it.

mundi111:
The 8yr old girl is also a terrorist in you eyes abi

8yr old stepped with Bomb is what

Biodun556:
M

Majority of those affected are civilians not the militants

These will raise questions how save communication devices are

Over 1200 of the devices were hacked by alleged Israel spies and battery were made to explode

Civilians using pagers in 2024

Oga they are Hezbollah terrorists,

yMcy56:
It's very necessary pls.
This is someone that has been contributing less, gaining much, yet making derogatory remarks on those posting, including those posting vital info.

The remark just made me remember when our Ogas used to be very active here, dominate discussions and they used to create time out of their busy schedule to give us Financial education, analyse results as they're coming in, predict stocks using FA/TA/Charts, make research, answer different questions, etc.
Can someone refer to any of them as "an empty barrel"? People wey fit buy a whole company for NGX self

I just felt such generalized derogatory remark was unfair in it's entirety and a slight on many here.
If you want to call out anyone, do so....but don't insult people that are helping us here.
That was how some have carelessly chased away resource persons.

Did anyone bother to ask why we've not been seeing Customstreet here as such again?

Hmm

Juoflife1:
Dude cannot deal with rejection .
The way some Nigerian men talk bad about their women is alarming. Is there any city free from runs? The only group of black men that trash talk their women. Loud and uncouth. It's pathetic.
Y'all should get a life and get some self esteem.

Rejection you say?
You a celeb like Isreal women to flock with?
Men don't stress themselves over Women these days.

timesuploaded:
They are not fighting a guerrilla warfare. This is nor 2006. When the real war starts you will understand. Mark my word, Israel will be invaded by Hezbollah. Keep your eyes on the news

And where are the Hezbollah Fighters?

Hezbollah keep hiding and shooting missiles, they should come out and fight Isreal man for man

KarlTom:
This same OandO will likely close on FULL BID

Abi full-Offer

megawealth01:
Yeah... The market is being careful

Wahala be like

I think today is MPC meeting

Bagwa:
Japaul done deal take position before it will scares

Whats the deal?

megawealth01:
Pls explain sir so I can be guided

Amidst controversial N140 billion purchase, NNPC halts takeover of OVH

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it is unable to complete the acquisition of OVH Energy Marketing Limited‘s downstream assets.

The declaration is contained in a letter dated 17 January, addressed to the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and signed by the managing director of NNPC Retail Limited, Huub Stokman.

The letter is titled, ‘Notification of inability to complete OVH Energy Marketing Limited terminal, plants and depot takeover and intent to apply for operating licenses’.

The NNPC Ltd had in its latest financial statements said it paid cash amounting to $325.09 million (N140.559 billion) for the acquisition of Oando-branded retail stations and a reception jetty in Apapa, among other facilities.

However, in its letter, the NNPC Ltd said it has become evident that it cannot complete the merger deal.

The company said it intends to apply for operating licenses for the facilities under OVH Energy Marketing Limited.

“We appreciate the ongoing collaboration and support from the National Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in facilitating the acquisition of OVH Energy Marketing Limited.

Background

The NNPC Ltd had in October 2022, announced the acquisition of OVH Energy Marketing Limited’s downstream assets. By this acquisition, OVH Energy would be merged with NNPC Retail, a subsidiary of NNPC Ltd.

The assets acquired from the company, which operates Oando filling stations, also include a reception jetty with 240,000 metric tonnes monthly capacity and eight liquefied petroleum gas plants, three lube blending plants, three aviation depots, and 12 warehouses.

But in June 2023, PREMIUM TIMES’ investigation on the acquisition exposed the secret deals and the complicated ownership structure that left managerial control of NNPC Retail in the hands of OVH Energy Marketing.

The report also exposed how OVH Energy Marketing only had about 94 stations and how over 100 stations were leased.

In addition, the report highlighted how Mr Stokman, an expatriate and former Chief Executive Officer of OVH Energy, emerged as the new Managing Director of NNPC Retail, a development that further compounded the structure of NNPC Retail.

megawealth01:
Na nnpc I dey wait for oooooo

I would rather buy Dangote fertilizer and refinery, than NNPC.

NNPCL is filled with redflag.

megawealth01:
Dangote's statement during the AGM could be the factor

I suspect he and his cronies might be buying.

Mpeace:
Thats cos sugar is way way cheaper than salt at the moment. Once sugar comes to salt price region, things would start looking different.

Salt is cheaper than Sugar.
Salt -N36.30
Sugar - N42.75

DANGSUGAR on full bid
NASCON on full offer

Crazy Market

yMcy56:
True
He said he disagreed with SEC and that (what transpires) wasn't a discussion for then......
Meanwhile old SEC team sacked and new team inaugurated by BAT. May likely revisit the issue.

Link to the AGM....
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.youtube.com/watch%3Fv%3Dk3Cl3wtWkRk&ved=2ahUKEwjo86bd2eyFAxVSVkEAHQmKCUsQz40FegQIERAI&usg=AOvVaw1mGjoLYPdoZkM6gszE5h1R

I think NASCON and Sugar shouldn't have released the suspension info before this AGM.

The AGM gave a clear picture

crownprince2017:
On presco matter, I will just say thank you sir Emma for the pointer.
This is just a wake up call for what is about to happen in Ellahlakes, farming they mint money everywhere in the world and will mint more in Nigeria where food is the obvious problem.

It all depends on the management Ellahlake, FTN Cocoa and Livestock feeds have been badly managed over the years.

Presco and Okomu have solid management.

Dangote sugar Agm yesterday 30 April 2024. Dangote says he disagrees with SEC on the Rice issue. It appears SEC wants the Mills to start production before it can approve . He also said the jigawa mill will soon be commissioned any time from now and that they will represent their documents to SEC. He said the jigawa mill is 5time the lagos mill and they should produce up to 30% of national processing capacity. So it appears Rice would be part of the second presentation to SEC.

Locotrader:
Monday May 13 to May 27 are dates for closure.
Qualification date 10 May.

Seems the registrar African prudentials will credt these shares within the both dates.They are always fast in doing things.

No. credit day is not known yet.

Locotrader:
Na waoh

https://doclib.ngxgroup.com/Financial_NewsDocs/41009_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

The result is not bad.

Mpeace:
The fact that dangsugar has not issued any statement yet, might imply that there might be further developments or discussions.

The new merger might be between NASCON and DANSUGER.

Streetinvestor2:
14 sugar for imaginary rice.Way all those way dey post link give me,lol
I remain a street investor

Them wan do us 419