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Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:04am On Apr 25, 2023 |
Dangote really disappointed Buhari's government. From 3 year's expectation to unending postponement of completion date |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:07am On Apr 25, 2023 |
. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 10:15am On Apr 25, 2023 |
Good morning friends...pls who can help with bid/offer of transcorp dis morning .....thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 10:16am On Apr 25, 2023 |
debeey87: I know it is a PDF file and searchable. I do not have unclaimed dividend. What about the shareholders that are not tech savvy or much literate? How can a company like NB publish a list of that importance and it is not in alphabetical order? It is deliberate on their part to further frustrate people. I do not think the SEC version is updated. I still see my name even though i do not have unclaimed dividend of any company 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 10:26am On Apr 25, 2023 |
ositadima1: A lot of people made the mistake of thinking that Dangote Refinery would solve Nigeria's Forex issues/ Subsidy issues but that is a fallacy. Dangote Refinery is just any other investment by a business man. To solve Nigeria Forex issues and Fuel subsidy problem, Nigeria need to have 24 hours power supply. With 24 hours power supply, only vehicle (Cars) will need imported refined petrol. (If the 5 refineries owned by government is working, no need to import petrol) All the industries would be on public power supply. The demand for diesel and petrol will drop, hence the pressure on forex will reduce. With 24 hours Power supply, a lot of goods produced in Nigeria will become a lot cheaper and would lead to influx of manufacturers (and forex) into Nigeria. Nigeria could become a net exporter of goods and services and the Naira would appreciate. That is how the problem will be solved not a monopoly like Dangote Refinery. Monopoly is not good for any economy. This government goofed big time Additional Notes The Obasanjo government realized this. That was why they embarked on the reform of the Power sector. But the usual politics of Nigeria derailed it. I hope the incoming government will put all they have in making Nigeria have 24 hours power supply, that is all they need to do. Investing billions into Dangote Refinery was a waste of our resources. They should find a way to get that money back and put into the power sector 7 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 10:33am On Apr 25, 2023 |
Agbalowomeri: As long as subsidy is removed, it will make little difference either we have a working refinery or not. The difference in price will only come from shipping and logistics. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:39am On Apr 25, 2023 |
ositadima1: This is terrible. Honestly, banking stocks are the only defensive stock we have in the Nigerian market. |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:41am On Apr 25, 2023 |
Laso09: Not true, given that labor costs are significantly lower in Nigeria compared to Europe and that the revenue generated by the refinery will be subject to taxation by the Nigerian government, other products such as various types of plastics are likely to be more affordable. For instance, a small-sized plastic bucket is currently sold for 600 Nigerian Naira, and plastic chairs and tables are all many times what they used to go for. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 10:45am On Apr 25, 2023 |
ositadima1: If you aint married and no kids.. Pls japa thru the study route... Go hustle... 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 10:54am On Apr 25, 2023 |
ositadima1: I am only talking about pms price. |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 11:19am On Apr 25, 2023 |
Good morning everyone. Please is there something ongoing in HONYFLOUR? This full bid this morning is bidding 🥺 |
Re: Nigerian Stock Exchange Market Pick Alerts by Gasayi(m): 11:30am On Apr 25, 2023 |
Gasayi: |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:29pm On Apr 25, 2023 |
Who can help me with annualized market return of NGX in the last 5 years |
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 1:10pm On Apr 25, 2023 |
ojeysky:Seconded. My experience with Meritrade has been poor for over a week now. Meritrade is not accessible - both the app and the website. "Trade now" was not accessible this morning while the site was up. The "Market overview" page is also faulty - lists only about 16 securities and does not show bid and offer information, neither is the limited information anything close to real-time. I have been trying to place orders but none is working. Meristem could have at least notified its clients/customers that they will be experiencing some technical glitch in a stated reasonable time frame. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:15pm On Apr 25, 2023 |
Capitas7: Meristem has been disappointing lately. They need to up their game. I planned to enter market today but they have frustrated my effort. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by beejay1(m): 1:19pm On Apr 25, 2023 |
I agree with you, they have had poor service in the last couple of months. They keep running into issues, each time they try to work on the platform. Also like they don't have the necessary tech Expert to manage their site. You can send them a mail to execute your trade on your behalf. Response is almost instant. pluto09: |
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 1:22pm On Apr 25, 2023 |
ACCESSCORP |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:35pm On Apr 25, 2023 |
beejay1: Na short time trading I wan do. I no dey do that kind thing by sending mail. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 2:04pm On Apr 25, 2023 |
pluto09: It is really terrible! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:38pm On Apr 25, 2023 |
emmanuelewumi: It opened @ 40,801.04 on 2018-04-25 closed @ 51,355.74 on 2023-04-20 CAGR = 4.7% If you want the return on yearly basis see attached table For the data: https://www.investing.com/indices/nse-all-share-historical-data 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by LordAdam16: 2:40pm On Apr 25, 2023 |
Agbalowomeri: The timeline was always ambitious. I struggle to see how Dangote is at fault here. Did you miss the $700m annual interest? The delays are just as painful for him. This was supposed to be a $9b project. It's currently projected to cost $19b. Personally, I think financing has been a major headache and the recessions have not helped. When he unveiled plans in 2013, he had only secured $3b in financing. The Group was going to pony up another $3b (12% of it's $25b market cap at the time). Let's just say things could be way better a decade after. Market cap for the group is now $14b while commitments to the project have more than doubled. They're having to plug in really expensive financing that's a couple hundred basis points higher than peers in the developed world can access. Buhari and his administration are not blameless in all this. So it's rich for Buhari to make a fuzz about delays. -Lord 7 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:26pm On Apr 25, 2023 |
ositadima1: Thank you 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by 119mba(m): 5:56pm On Apr 25, 2023 |
I saw this write-up today, whatever it is they are talking/comparing. "Activist Investor" in Nigeria? People dey lookout for dem interest ni', only if mini-Shareholders are lucky to quickly align if they can while the game is on! Although Transcorp was more than that N1:00 they kept it at for so long. His coming is a breath of fresh air Sha for those that have held on for a long time. https://moneycentral.com.ng/exclusive/article/otedola-sends-wake-up-call-to-sleepy-nigeria-boardrooms/?amp 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 8:12pm On Apr 25, 2023 |
Please any news on HONYFLOUR it closed with over15M bid @2.55 today |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:30pm On Apr 25, 2023 |
Worst Stockbroker as it concerns online efficiency and effectiveness is Meristem. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:04pm On Apr 25, 2023 |
essentialone:You just said it all.They are just after making money. If they have a way. They will charge you for email sent by them 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by samsonline(m): 9:24pm On Apr 25, 2023 |
essentialone: To be honest, it was difficult for me to get a stockbroker that offer ease of funding, low transaction cost, and easy access to trading platform so I opened account with 5 different stockbrokers, so if one does not give me what I want to move to another one. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:13am On Apr 26, 2023 |
That is the sad reality. Nigeria government sef no get savings, how can the citizens have savings. The few who can save, will be in position to invest for the long term, make more money and create wealth 3 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by question(m): 6:34am On Apr 26, 2023 |
Hello gurus in the house, If I purchase GTB today, will I still be eligible for the dividend. |
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 6:41am On Apr 26, 2023 |
question: Yes . qualification date is May 1st. Payment is 11th |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 10:50am On Apr 26, 2023 |
Pls any news on HONYFLOUR on today @2.80....any information? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:58am On Apr 26, 2023 |
If I maintained Transcorp from my 90kobo entry,I should be doing over 200% now. This life no balance at all. Jegede, you are one of the cowboys, I am looking unto you ooooh. Go and ask otedola how he is doing it. My heart is really bleeding 2 Likes |
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