₦airaland Forum

This is what is called dividend, you will only get reasonable dividend when you concentrate in the right stocks esp with good capital. Quality growth stocks

M.umu man

For Zenith and GTCO there will be delay, looking at 31st March

Some Corporate action

Ngx rewarded shareholders with bonus

customstreet:
Market Rumours

1. Dangote merger is said to be brewing now
2. NAHCO to pay 700k plus a bonus of either 1/7 or 1/5
3. Wema Bank to Acquire Polaris Bank

Due Dilligence and cautionary trading requires

Hold your NAHCO tight until corporate action is seen alot is cooking I heard , if what you said becomes true it will touch 200, I expect 1 for 10 bonus sha

unite4real:
The dividend is not economically free money. It is value neutral. It is a transfer of value from the company's balance sheet to shareholders. After the marked down, investors net position stays the same. Infact with the 10% withholding from the dividend, investors are worse off unless the share price rebounds quickly from the marked down price. Little wonder why even when the dividend looks high, investors still offload their holdings on qualification date.

Nestle did not declare dividend, yet share price did not enter full offer. Bids were still growing after that.
If MTN and WAPCO shareholders decides to transfer wealth due to low dividend, it's on them.

For me, any company that declares a very high dividend, I will wait for the divided hunters to drive the price sharply then I exit before qualification. Wait for ellers to push it back,.then re-enter with same fund to increase my holdings.

It is not everyone that is trapped in this dividend love party.

I am waiting for the angry ones to bring Wapco and MTN to my buy zone.

The strategy for becoming wealthy (capital growth) is different from the strategy for remaining wealthy (capital preservation).

For someone trying to become wealthy capital growth is more important than dividends though one can still get both in some high quality growth stocks.

Lafarge to pay ₦6.00, over valuation everywhere, price correction season loading

MTN should go full offer today

Sp of 760 should not be paying small dividend of 20 naira ( ₦5 + ₦15) without bonus. Dividend yield 2.6%, excess overvaluation and hype. Stock price correction to around 400 loading

chudez0147:
Hello nairalanders. My neighbor’s 1 year and 6 months son has refused to walk. But he can stand while holding a wall.

Do you think he will walk order wise what should they do ?
Matured response only. Thank you!

Which neighbour? Na your child joor any way see a doctor and be sure that all is well. Get him a walker and start teaching him daily

We are almost getting done with the peak periods/ season and prices are dropping gradual to find their fair valuation not present hype values.

Remember to sell some shares now at top to key into Dangote refinery later in June Abi July

Once their corporate action is released without bonus and solid dividend the stock price will go to 120 to 130 range.

If there is solid dividend and bonus it may touch 200

Mrexcell:
Everybody can't just be mad at the same time there won't be nothing left of nigeria if that happens.

To collect your thing from a mad man you must act mad or even more mad, it's that simple.

Everyone should not act mad in Nigeria but any one that wants to take power from APC should be more deadly than them otherwise the person should stop wasting time.

Peter obi should quit politics in Nigeria if he cant play it like his opponents in APC. Politics in Nigeria is not for gentle men, its for men willing to take power at all costs like Wike and Tinubu. This is why Tinubu can never fire his most important brutal asset Wike ahead of 2027 no matter what he does.

Obi will never become President acting gentle, even if he wins they will rig him out.

Sirchiboy:
50 years without an asset? What is your advice?

At 50 you still don't know the meaning of asset. You mean you don't have
1. Good health and sound mind
2. No functional knowledge
3. No marketable skills or services
4. No strategic relationships (family, friends, associates, marriage, children, in laws)
5. Zero networth like no financial capital
6. No income producing asset - stock, land, house, business, investment

Do you mean you will score zero over six here.

Anyway 50 is not too late so you don't say the same at 60, 65 or 70. Once you are 70 it's over you will become senior citizen.

You have 20 solid years to turn things around before you enter retirement.

Listing by introduction should be stopped on ngx. It leaves the market vunerable to manipulation and investors paying the price. There must be strict free float, liquidity and disclosure enforcement.

Price appreciation driven by scarcity Na 419

I am hearing that Zichis is on suspension for manipulation

PuristForest:
Ellahlakes is still a growing concern, it will shock people

Think about opportunity cost always as an investor. There is no point insisting that you can only make it with one company when there are many better options. Always know when to move to other opportunities.

NSEstudent:
People that will come and do listing by introduction and start from full bid for days.

.

Share price driven by scarcity alone is extreme market manipulation and SEC needs to address or stop listing by introduction.

This is what happens when you want to run before you can walk well. You are bound to fall with injuries.

Naya261:
I am married with Children, my wife is a registered nurse with about 8yrs working experience.

Please which one would you strongly advice Between Sponsoring my wife's Nursing career to the UK or Enroll for Msc in Construction Project Management in the UK?

My aim for the Msc is as a means to jakpa and reside in the UK to continue working not that I really needed the Msc.

Please i need your candid advice. Thanks.

You just want to end your marriage by empowering her to be far ahead of you more so in a foreign country that gives her power over you. Why not learn from the experience of others.

Some people only learn from personal experience. UK and better earning power will change her no matter how good she is now.

Whats going on in Presco it has refused to calm down, the stock is flying.

I am glad I bought more at 1400, and I was thinking then I bought at premium, look at it now. Reading oga Emmaewuni saying he is taking loan to buy at 1420 RI helped me take that decision.

Institutional investors and HNI are obviously buying Presco now, I heard the law was amended to allow more investment of pension money in stocks

Harddiskng:
The entire market is up by 22.27% YTD

However my portfolio is doing about 20% YTD

Question: why am i trailing behind the entire market and any out-of-box suggestion(s) how i can be ahead of the market return-wise?

When you over diversify you water down your returns. Nobody actually needs more than 5 quality growth stocks in their portfolio 1 from one sector.

It's funny to see investors kill their returns with crazy over diversification as they want to be in every stock.

The bull is crazy, the bear will be brutal after this season

TheDepressed:
Had to use a new account to tell it all.
Please find it interestingly to read and advice.

I was married in Feb 2023, I have two kids (a 5yr old daughter and a 2yr old son).
I own 2 houses ( one I built from scratch and another I inherited).
Long story short my finances are a battle after another, that's the best term I can describe it with.
So in Feb 2025, I had an argument with my wife and I angrily gave her a smack, she in turn angrily went to the living area and smashed in pieces our wedding photo exclaiming the marriage was over, that I should take her back to her father's, which I did angrily.

before we got to the juncture, my wife would randomly request to go to her mother's for a few days, sometimes week and one time almost a month. Things started to get worrying for me when she onetime while at her mother's told me, she was searching for a school for my daughter at her mother's. I was shocked as we have never had this discussion, she started to complain about the distance of our home from town where she can do businesses, this also came as a shock but I felt I was loosing my wife presence in my home, so I sat her down and asked to talk about everything happening and the way out? She mentioned we should go rent a house in town. Again I was shocked but after much enquiry and advices consign the rental matter, I obliged and we rented a 2bedroom apartment in town that is a 15mins drive to her mother's compared to our previous home a4bedRM that would take 1hr30mins to her mom's ( it's important to note that, through out her random stay at her mom's, her mother never one day called me to ask if I and my wife had issues at home that made her stay this long at her place, she never asked infact neither I nor she call the other on phone just for checkups)

So back to the home fight....that same night I moved her to her father's ( because her parents are separated, my wife's mom had 6girls for my father in law, the man did one away match and boom, the match birthed a boy, so MIL moved out of the marriage and hugged the streets) , that same night she moved to her mother's.
After a day or two, the loneliness hit me again, I felt I had done something really big and wrong, so I immediately went into apology mode. I begged my father in law, he said I had no problem I should go take my wife home, that it's one of those things in marriage if not controlled maturely. So I went to her mother's and the reception was hostile, I left, I tried several phone calls, they would ring out or she would end the call angrily once hearing my voice, I went back to the house, one tim she took her handbag and left the home immediately I arrived, another time she threw insults at me openly. I really tried to beg this woman to please let my wife come home.

I turned to my wife, she said "I should bring persons with me to come beg her mother", I found this a little too much to ask, would I call my kinsmen to come beg a woman? I didn't even pay my bride price to her, so months past and it became 10months my wife has being outside my home and 10months I didn't see my kids only video calls.

Well on the 10th month being Nov/Dec last year, I received a call from my wife, I could hear her crying and I was sure I hear the word children but my background was noisy. So I excused myself to a quiet corner and called back and that's when she told me her mother just passed away, I mean died and I should come take the kids.

I was busy at work so I sent someone to pick my kids up and take to my mother's.
So I called a meeting to speak about how I'm not seeing my kids enough ( mind you my wife suddenly distant from me, she don't even pick my video calls to see my kids, she insults my family and myself, she' just became strange unknown and weird). So after all agreements were mad consign the kids and their welfare, the meeting was pushed further to attempt settlement. For me I tot my wife has being outside too long and I won't lie, I miss my wife and having a full noisy home by the kids but this woman 10months after is not remorseful or missing her husband.
So she was asked firstly and she said I should go take my bride price back and I was asked and I said I will take the bride price back but as I write, I'm yet to do xo.

My reason for this write up is because a few days ago, my father in law called me and said the mother in law date has being fixed for this month. He called very late at night and I said I'll think and call him in the morning.
The next morning I called and said we'll your daughter doesn't want her marriage anymore, I don't see why I should be at the funeral plus I don't want a case where she would be there with her new man, if any. I don't want embarrassmeny or weird feelings but if I have anything to support I would send before the time.

So family Nairalander, would you support this kind of woman ( both the daughter and mother) with your finances?
Or would you go as far as attending?

Ps: my suppose wife did not call me to inform me of the funeral date but her father did. I'm sure she must have told her father she doesn't care if I am aware or not. She suddenly hates me out of the blue and today' makes it a year she's being outside and our marriage together lasted 2yrs.

Everyday I'm depressed, indoor for days, sometimes cry and sometimes can't sleep out of wild thoughts.
She has an elder sister, that till date has never called me even if to insult me for hitting her sister in the face.
I can't believe I have lost my marriage over a slap.

Better move on and stop crying over Spill milk. Don't attend the funeral, consider your marriage over and start looking for replacement.

If you bring her back or allow her back she will finish you up she is already a wounded lioness. Wise up and man up, shit happens.

With surrogacy becoming popular, marriage will soon become outdated, have your kids and live your life to the fullest.

Mankind2024:
The Illusion of "Your Network Is Your Net Worth"
In Nigeria and many other societies, young people have been heavily influenced—if not outright indoctrinated—by religious organizations, social media influencers, and motivational speakers who relentlessly promote the slogan: "Your network is your net worth." This catchy phrase implies that one's financial success hinges primarily on the people they know. I respectfully disagree. Far too often, these networks are structured in ways that systematically erode both intrinsic (personal fulfillment) and extrinsic (financial) net worth through subtle forms of social taxation and exploitation.

In a previous article published on Nairaland,

https://www.nairaland.com/8614359/illusion-social-harmony-abuja

"The Illusion of Social Harmony in Abuja," I examined how the pursuit of belonging in elite social circles frequently undermines true financial independence. The same dynamic appears across many networking systems: the primary bond is not mutual benefit or shared opportunity, but rather an unfulfilled craving for belonging and a deep-seated fear of isolation.

Consider the classic example of golf clubs and country clubs, which frequently target middle-class professionals with membership fees designed to generate steady cash flow for the club's operations. Members derive a temporary sense of fulfillment and status simply from affiliation—believing they are rubbing shoulders with high-net-worth individuals. In reality, this "access" rarely translates into meaningful economic advancement. Instead, members often channel significant portions of their income into club dues, high-end dining, events, and socializing. Over time, many deplete their savings, accumulate credit card debt at exorbitant interest rates, and find themselves financially worse off—all in service of an illusion of proximity to wealth.

A parallel pattern exists in many religious organizations. Members are organized into cells, which aggregate into house fellowships, satellite churches, parishes, zones, and regions. This hierarchical structure fosters a powerful sense of community and purpose. Yet it often comes at a steep cost: regular tithes, offerings, special levies, and donations that divert disposable income away from personal wealth-building. Participants sustain the network's growth and infrastructure, frequently at the expense of their own financial stability, all in the name of spiritual belonging and communal identity.

In the digital age, technology has amplified this illusion through virtual communities—faceless forums, social media groups, and influencer ecosystems—where ordinary individuals appear to achieve extraordinary feats. While wisdom, strategic content distribution, and thoughtful engagement can indeed transform modest portfolios into substantial wealth (sometimes reaching eight or even nine figures), such outcomes are exceptions driven by discipline, due diligence, and value creation—not mere participation in a network.

True net worth is not a byproduct of affiliation or proximity to others' success. It emerges from patient, consistent wealth-building grounded in knowledge, understanding of capital markets, and disciplined investment. Generational wealth transfers—such as those occurring from baby boomers to younger generations—reward those who prioritize financial literacy, compounding returns, and independent decision-making over the seductive pull of social validation.

In conclusion, while strategic, value-aligned relationships can certainly accelerate progress, the uncritical embrace of "Your network is your net worth" often leads to exploitation rather than empowerment. Young Nigerians—and indeed anyone navigating modern social and professional landscapes—must approach networks with discernment. Prioritize self-mastery, financial education, and deliberate wealth accumulation over the fleeting comfort of belonging to the "right" crowd. Only then can one build genuine, lasting net worth rather than perpetuate its illusion.

When one is still trying to build his capital base and get wealthy (make first 500m capital base), social life should not be a priority because it promotes wrong values like instant gratification, lifestyle inflation, short term thinking, spending to show off.

The funny thing is that you may be spending your capital to belong with men spending their ROI. A man should be comfortable being alone at the get wealthy phase of life to increase saving and investment rate. You don't need any unnecessary expense. Most of the rich gathering is about spending to show you belong. If they drink wine of 2m naira in their gathering that becomes your standard. Their value comes from cost . You are better off alone except you are chasing contract from them.

letskeeptalking:
I guess my real question is: knowing what you know now, would you make the same choice again?

I’m currently on the verge of divorce after 15 years of marriage and three kids.. Even though this is my decision, I feel like I have no real choice. My husband (if I can even call him that) says he doesn’t want to lose his family, but he does absolutely nothing to show it.

A lot has happened over the years, and it’s reached a point where I genuinely believe there is no future for us as a couple.

So I feel like I have two options: divorce him and move forward as a single mother… or stay, knowing I could never love him again.

I worry about my kids and how growing up with parents in a loveless marriage might shape their future relationships and choices. But then I also wonder, would they be better off growing up with a single mother?

I’m not concerned about stigma or even about finding another partner someday. Honestly, the way I feel right now, I’m ready to remain celibate for life.

If you’ve gone through this, can you please share your experience?
Do you regret your choice?
Looking back, would you make the same decision again?

You have not mentioned any concrete or good reason why you want to leave. Marriage is not all about feeling, you need substantive and evidence based reason to leave

Sunrisepebble:
I should be asking you. You’re the one that said we should keep cash for it

The reason is simply about the growth potential and promised dollar dividend, did you see the attached news headlines?

E

Sunrisepebble:
Have you seen the profit margin of a refinery business before ?

What about it? Throw more light

How are you positioning for Dangote refinery IPO?

It will be massive, keep some cash or better still offload some stocks now that they are at all time high n keep the cash for it.

Warning - This is an opinion not a financial advice

One line of my biggest stock market investor, Warren Buffett is important at this period -

Be cautious when optimism is wild and be greedy when everyone is fearful.

The bull is crazy Aradel is almost touching 1k ,

Everything is flying even dead stocks, crazy