₦airaland Forum

Bizibi:
Bros that is the only way. The level of corruption is mind boggling, corruption is like a normal thing now, Even some of the guys we all know in this government are so greedy that they even collect money for contract jobs. That cos guy is at the top of such group of people,you must hear his name in corruption discussion in Villa.

They don't even know how to balance it and I know most of the money goes to Mistresses and irrelevant rubbish.

Something must kill a man

It's normal to have a contrary view on a subject matter but personal attacks shows that you are not different from the leaders you claimed are the perpetrators of evil.

I wondered how people can't understand the simple economics, for every economic policy there are weaknesses, it's now the work of policy makers to go for the one they think the upside is more than the downsides.

Even in developed countries, we have seen intelligent people disagree on economic policies and both have fact to support their claims.

I wonder why someone will think his imagined policies is the best, hence the reason for being emotional. If people begin to dissect your imagined policies you will be surprised to see how naive you are on economic policies.

It's only a fool that thinks he/she has superior knowledge without proper confirmations.

You can hate the guy at the asovilla but I can tell you, he is doing a lot right on the economic front, the results will be evident from 2025 upward.

Agba, mercy, street and co, I posted an issue in the earlier pages regarding me, meristem and atlas, no advice, Maka why na.

SEC Mandates Public Quoted Companies to Publish Periodic Returns on Their Websites: A New Era of Transparency and Investor Engagement

In a significant move aimed at enhancing corporate transparency and bolstering investor trust, the Securities and Exchange Commission (SEC) has issued a directive requiring public quoted companies to publish their periodic returns on their corporate websites. This requirement, set to take effect in January 2025, comes as part of the SEC’s ongoing efforts to foster a more open and accessible investment environment.

The SEC has observed a growing concern among investors regarding the accessibility of financial and operational information about public companies. While companies dutifully file their periodic returns with the SEC and the relevant regulatory authorities, they often neglect to make this crucial information available on their own websites. This gap, according to the SEC, undermines the spirit of transparency and accessibility, which are central tenets of efficient capital markets.

In its recent circular, the SEC highlighted that the omission of such disclosures from public quoted company websites constitutes a violation of Rules 39 and 41 of the Commission’s Rules and Regulations. These rules are designed to ensure that critical financial information is not only submitted to regulatory bodies but is also made readily accessible to the public in real time. By mandating the publication of these returns on company websites, the SEC aims to close this gap, enabling investors, analysts, and other stakeholders to access timely and accurate data that guide sound investment decisions.

The SEC’s directive underscores the importance of providing seamless access to corporate disclosures. Timely and accessible financial information is essential for maintaining investor confidence and ensuring that the market functions effectively. Public companies are now reminded that making periodic returns available on their websites is not just a regulatory obligation, but a fundamental part of fostering better engagement with shareholders and the broader investment community.

The SEC’s move is a reflection of the growing global emphasis on corporate governance and the need for transparency in the financial sector. In a world where information is power, investors demand access to real-time, accurate data to inform their decisions. Public companies, as custodians of shareholder interests, must recognise their role in ensuring that such data is readily available.

The periodic returns—such as quarterly and annual financial reports—offer critical insights into a company’s financial health, business strategy, and future prospects. These reports play an essential role in shaping investor sentiment and influencing market trends. Without timely access to this information, investors are left in the dark, potentially leading to poor decision-making and market inefficiencies. By publishing periodic returns on their websites, companies will provide a valuable service to their investors, allowing them to make well-informed decisions based on the most up-to-date data.

Moreover, the SEC’s directive aligns with global best practices in corporate transparency. Many leading markets, including the United States, the European Union, and Asia, have long mandated the publication of financial disclosures on corporate websites. By adopting a similar stance, the SEC is aligning with international norms, reinforcing the credibility of the local market, and enhancing its attractiveness to global investors.

The Penalty for Non-Compliance

Effective from January 2025, the SEC will enforce strict penalties for companies that fail to comply with this new requirement. Public quoted companies that neglect to simultaneously publish their periodic returns on their websites, alongside filing with the SEC and relevant securities exchanges, will be subject to penalties. This penalty will serve as a deterrent and send a clear message that the SEC is serious about its commitment to investor protection and market transparency.

The introduction of these penalties is designed to ensure that public companies take the SEC’s directive seriously and adhere to the new rules. Companies that are non-compliant will be forced to take corrective actions, which involve reputational damage, financial fines, or other regulatory sanctions. In the long run, this could also lead to a loss of investor trust and a decline in market value.

The Path Ahead: A New Era of Corporate Responsibility

As we move toward the January 2025 deadline, public quoted companies will need to ensure that they have the necessary infrastructure in place to comply with the SEC’s directive. This includes updating their websites to facilitate the easy publication and retrieval of periodic returns. Companies will also need to streamline their internal processes to ensure that returns are filed and published in a timely manner, ensuring no delays in providing the public with crucial financial data.

I will still stand by my opinion. You have right to yours.T pain did the right thing in removing the subsidy on fuel and dollars. The move on tax is another good one.The subsidy on dollars is the most stupid thing that has ever existed. I will say it clear because I have personal friends who benefited from fuel subsidy without bringing a drop of fuel into this country.
We could have subsidy in education,health and agricultural in different ways and managed better. It doesn't change the fact that T pain was never voted by majority of naija people. Inec rubbished the election. Whether T pain or anyone else if I see good policy moves I will still support such idea.Thr was never anytime that would have been best to let those two nonsense go.I wish it was done as far back as during obj.I won't still vote for t pain because he does rank high for me in integrity as a person. I value integrity alot in human

Streetinvestor2:
I will still stand by my opinion. You have right to yours.T pain did the right thing in removing the subsidy on fuel and dollars. The move on tax is another good one.The subsidy on dollars is the most stupid thing that has ever existed. I will say it clear because I have personal friends who benefited from fuel subsidy without bringing a drop of fuel into this country.
We could have subsidy in education,health and agricultural in different ways and managed better. It doesn't change the fact that T pain was never voted by majority of naija people. Inec rubbished the election. Whether T pain or anyone else if I see good policy moves I will still support such idea.Thr was never anytime that would have been best to let those two nonsense go.I wish it was done as far back as during obj.I won't still vote for t pain because he does rank high for me in integrity as a person. I value integrity alot in human

Buhari was assumed to have integrity, what is the result today.

Competence supercedes integrity. The difference between buhari n tinubu.

Vitafoam had a sharp dip in profit due to higher finance costs and FX losses

https://open.substack.com/pub/lifeasananalyst/p/vitafoam-revenue-hits-5-year-high?r=1oizx&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Tope Fasua: Weak Naira Is Good, Many People Can’t Travel Again – Tinubu’s Aide 

https://reubenabati.com.ng/featur/weak-naira-is-good-many-people-can-t-travel-again-tinubu-s-aide/

So what's the economic value Sir?

crownprince2017:
Buhari was assumed to have integrity, what is the result today.

Competence supercedes integrity. The difference between buhari n tinubu.

Which integrity. Buhari lacked everything beside fanaticism. I would take Tpain any day over Buhari. Buhari I knew all my yrs in the North had nothing in his brain. He is the dulles soldier I have ever seen as a commissioned officer.T pain is a very intelligent person .This is a fact you can't take away from him.A typical example of him is the guy who acted,catch me if you can

Bizibi:
the situation in some sectors especially the oil sector has gone beyond redemption. Officially we can produce below 2mbbls but it is different unofficially..... honestly I don't even know when those in government will get it right. Like what a top government official told me he said "corruption is now a culture in the corridors of power in Nigeria" what seems to be a taboo is being done without accountability.

Exactly! Quick question for supporters of Mr president, can he ever stop oil theft? How come we can't even meet our OPEC quarter? Why are we producing less oil daily? Who are those stealing our oil? Why are farmers unable to go to farm? Why is food more expensive in Nigeria than the developed societies? Why is smuggling still going on? How many companies bidded for the much talked about coastal road? Is rule of law functional in Nigeria?

crownprince2017:
Buhari was assumed to have integrity, what is the result today.

Competence supercedes integrity. The difference between buhari n tinubu.

Let's see how the market will react to this in the days ahead

crownprince2017:
It's normal to have a contrary view on a subject matter but personal attacks shows that you are not different from the leaders you claimed are the perpetrators of evil.

I wondered how people can't understand the simple economics, for every economic policy there are weaknesses, it's now the work of policy makers to go for the one they think the upside is more than the downsides.

Even in developed countries, we have seen intelligent people disagree on economic policies and both have fact to support their claims.

I wonder why someone will think his imagined policies is the best, hence the reason for being emotional. If people begin to dissect your imagined policies you will be surprised to see how naive you are on economic policies.

It's only a fool that thinks he/she has superior knowledge without proper confirmations.

You can hate the guy at the asovilla but I can tell you, he is doing a lot right on the economic front, the results will be evident from 2025 upward.

Agba, mercy, street and co, I posted an issue in the earlier pages regarding me, meristem and atlas, no advice, Maka why na.

Meristem is noting to write home about. I opened an account with them long ago and deposited 100k.i have never added a dime after I discovered they are rubbish in every aspect. They want money but never ready to add value to thr services to earn the money. Don't know anything about the second guys. If you have issues with them.Do write sec ,copy them and nse in your letter. And put up a reminder every two weeks referencing the previous letter and the date of the previous letter. That way they will take you serious and believe you are keeping records for possible legal action

Raider76:
10 Wealth-Building Lessons Men Learn Too Late In Life

https://www.newtraderu.com/2024/12/24/10-wealth-building-lessons-men-learn-too-late-in-life/

Excellent lessons , big on 5 ,6 and 9

PharmAlfred:
Exactly! Quick question for supporters of Mr president, can he ever stop oil theft? How come we can't even meet our OPEC quarter? Why are we producing less oil daily? Who are those stealing our oil? Why are farmers unable to go to farm? Why is food more expensive in Nigeria than the developed societies? Why is smuggling still going on? How many companies bidded for the much talked about coastal road? Is rule of law functional in Nigeria?

How much barrel of oil are we producing now?
How much were we producing when PBAT came in? Are we making any progress?
Has anyone ever said Tinubu is doing well in every area of governance?
We were actually talking about some of his policies that some of us think he did the right thing. Of course there are many areas that he needs to work on and I want to believe one of such is security.

Streetinvestor2:
I will still stand by my opinion. You have right to yours.T pain did the right thing in removing the subsidy on fuel and dollars. The move on tax is another good one.The subsidy on dollars is the most stupid thing that has ever existed. I will say it clear because I have personal friends who benefited from fuel subsidy without bringing a drop of fuel into this country.
We could have subsidy in education,health and agricultural in different ways and managed better. It doesn't change the fact that T pain was never voted by majority of naija people. Inec rubbished the election. Whether T pain or anyone else if I see good policy moves I will still support such idea.Thr was never anytime that would have been best to let those two nonsense go.I wish it was done as far back as during obj.I won't still vote for t pain because he does rank high for me in integrity as a person. I value integrity alot in human

Cabal is an inherent feature of any sector in Naija....
They will evolve once subsidy is in place in education health or agriculture...
PBAT need to confront this cabal system...
Or his so called reforms means hunger and starvation for the masses...
No sane country allows economic saboteurs to prosper...

Willie2015:
Cabal is an inherent feature of any sector in Naija....
They will evolve once subsidy is in place in education health or agriculture...
PBAT need to confront this cabal system...
Or his so called reforms means hunger and starvation for the masses...
No sane country allows economic saboteur to prosper...

If Nigerians want to eliminate hunger going forward. When the next farming season arrives. They should hit the farms.God has given us the land.And stop all this noise on removing subsidy on dollars and fuel. Nigerians want cheap comfort and many don't want to work.i leave on the street and see it.They just all want white collar job and cheap cash.The security issues has improved that I can tell you. Let everyone farm in his little way.I have stopped buying pepper for 2 yrs now from the market. Corruption can only be reduced and can not be eradicated anywhere even in developed countries.
Nigerians should go to farm to feed herself. Let have surplus in food crops and see if inflation won't drop.
Then on this cabal we keep shouting. The are not from another planet. They are you and me in the society. We need to give ourselves new orientation for our love for money. The cabal exist even on this thread in thr little way.if they see bigger avenue they will act bigger..It is not that easy as some make it look here.Larger number of Nigerians are corrupt. Many lack integrity in this country..I saw how a pastor in my formal church keyed in to rubbish the last election. All because he was aiming to build a house and buy a new car which he did achieve. He is an inec staff.He was instrumental to making me and my wife vote.He personal brought our voters card to the house when it was ready.He now irritates me each time I see him. Everyone has a role to play

Nigerian Yuletide: Feast Or Famine?

https://www.youtube.com/watch?v=Tl_7VX-3XZM?si=XrsbPP0ZyvdoJZhH
Channels Television • Dec 24 2024

MTN will be the next goldmine in January 2025

pluto09:
How much barrel of oil are we producing now?
How much were we producing when PBAT came in? Are we making any progress?
Has anyone ever said Tinubu is doing well in every area of governance?
We were actually talking about some of his policies that some of us think he did the right thing. Of course there are many areas that he needs to work on and I want to believe one of such is security.

Mention one sector that is doing well currently in Nigeria? Education? Healthcare? Agriculture? Transportation? Infrastructure? Power? Security? What policies are you talking about? Almost 2yrs into this administration and even the low hanging fruits can not be plucked. Kidnapping has blossomed. BokoHaram now uses drown to attack military formations. Drop out rate from schools has gone up. Oil theft on a large scale is still a thing. When last did you travel by road? Cost of governance is still very high. Budget padding and duplication still on going. Ministry of agriculture can construct road in ogun state.

We don't need haphazard policies. Fix the basic things first. Clean up the budget mess. Cut cost. fight insecurity. Stop oil theft on a large scale. Stop smuggling. These are basic things any serious government can achieve in one year. Keep liking his policies that deliver nothing.

Streetinvestor2:
If Nigerians want to eliminate hunger going forward. When the next farming season arrives. They should hit the farms.God has given us the land.And stop all this noise on removing subsidy on dollars and fuel. Nigerians want cheap comfort and many don't want to work.i leave on the street and see it.They just all want white collar job and cheap cash.The security issues has improved that I can tell you. Let everyone farm in his little way.I have stopped buying pepper for 2 yrs now from the market. Corruption can only be reduced and can not be eradicated anywhere even in developed countries.
Nigerians should go to farm to feed herself. Let have surplus in food crops and see if inflation won't drop.
Then on this cabal we keep shouting. The are not from another planet. They are you and me in the society. We need to give ourselves new orientation for our love for money. The cabal exist even on this thread in thr little way.if they see bigger avenue they will act bigger..It is not that easy as some make it look here.Larger number of Nigerians are corrupt. Many lack integrity in this country..I saw how a pastor in my formal church keyed in to rubbish the last election. All because he was aiming to build a house and buy a new car which he did achieve. He is an inec staff.He was instrumental to making me and my wife vote.He personal brought our voters card to the house when it was ready.He now irritates me each time I see him. Everyone has a role to play

We elect leaders to shape our society for good. Agreed we all have a role to play but leadership from the top must consistently show example and provide a road map. Why do we spend billions on elections to end up having charlatans as leaders. Do you know how many Nigerians that are able bodied and willing to work but can't find jobs? The companies that left Nigeria, what forced them to leave? We mustn't all do the the same thing. Using your pepper farming example which is good, I hope you farm your own petrol, raise your own security company to protect while travelling. Pay police xxxxx amount to investigate a case or effect an arrest. Build on your custom so they don't charge you arbitrary duties when you import goods. I can go on and on. Have a blessed day!

Transcorp: Evaluating HH Capital Limited’s Mandatory Tender Offer and Future Prospects


Transnational Corporation Plc (Transcorp), a diversified conglomerate with interests spanning energy, hospitality, and other sectors, has recently made headlines due to a mandatory tender offer (MTO) from HH Capital Limited. This offer, in compliance with regulatory requirements, pertains to 0.02% of Transcorp’s fully paid ordinary shares, amounting to 2,032,399 shares. HH Capital Limited has proposed a 0.25% premium over the current market price for these shares, which will effectively raise HH Capital’s ownership stake in Transcorp to 35.94%, considering both direct and indirect holdings. This acquisition signals HH Capital’s growing influence in Transcorp and its potential strategic implications for the company moving forward.

In light of this MTO, it is crucial to analyse the company’s recent performance, particularly its impressive growth trajectory in 2024, and assess the outlook for investors. This will provide insight into whether shareholders should hold or sell their shares as the company continues to evolve under its new ownership structure.

Transcorp’s performance in Q3 2024 has been nothing short of remarkable. The company reported a total revenue of N297.664 billion for the nine months ended September 30, 2024, reflecting a staggering 133% year-on-year growth. This surge in revenue was largely driven by the energy segment, which remains the backbone of Transcorp’s operations. Energy revenue alone accounted for 57.6% of the total nine-month revenue, showcasing the sector's critical importance to the company’s overall performance.

Within Q3 2024, Transcorp achieved a record revenue of N122.327 billion, a 166% increase compared to N45.903 billion in Q3 2023. This dramatic rise underscores the company’s ability to capitalise on favourable market conditions, expand its operational footprint, and diversify its revenue streams. Such growth is further reflected in the company’s profit before tax (PBT), which surged by an astonishing 352% year-on-year, totaling N34.5 billion for the quarter. For the full nine-month period, PBT reached N105.4 billion, a remarkable 303% increase compared to the same period last year, and 79% higher than the full-year 2023 PBT.

These figures clearly indicate that Transcorp is not only navigating the challenges of a volatile market but is also emerging as a strong contender in its various business sectors. The company’s diversification strategy, particularly the growth of its energy, hospitality, and other business lines, has placed it in a favourable position to capitalise on future opportunities.

Impact of HH Capital’s Increased Ownership

HH Capital Limited’s mandatory tender offer to acquire additional shares of Transcorp will likely have significant implications for the company’s future. By raising its ownership stake to 35.94%, HH Capital will likely gain a more influential role in the company’s decision-making processes, potentially leading to shifts in governance and strategy. Such increased control also pave the way for more aggressive expansion plans, operational efficiencies, and deeper financial investments.

Given that HH Capital is a major shareholder, investors will need to monitor any changes in corporate governance that will arise from this new holding structure. It is possible that this change will lead to improved operational synergies, especially if HH Capital brings in new strategic partnerships or capital to support Transcorp’s diverse business lines. However, it also raises questions about the balance of power within the company, which have implications for minority shareholders.

Stock Price Surge: Is Now the Right Time to Hold or Sell?

Transcorp’s share price has experienced an extraordinary surge in 2024. Starting the year at N8.66, the stock has surged over 400%, currently trading at N44.00 per share. This impressive rally has been fueled by the company’s stellar financial performance and a favourable market environment. The substantial growth in share price reflects investor optimism surrounding the company’s prospects, particularly as it continues to outperform expectations across revenue and profitability metrics.

However, the rapid rise in share price begs the question: Is this the right time for investors to hold onto their shares or to take profits by selling? While Transcorp’s fundamentals remain strong, the substantial increase in its stock price suggests that much of the good news may already be priced in growing on the backdrop share reconstruction, having multpler effect on the company price. For investors who have seen significant gains in 2024, selling could be an attractive option to lock in profits. On the other hand, those with a longer-term investment horizon may choose to hold, given the company’s robust growth trajectory and potential for further expansion under the leadership of HH Capital.

Recommendation: Hold for Long-Term Growth

Based on Transcorp’s exceptional financial performance in Q3 2024, coupled with the increased ownership stake of HH Capital, the company appears well-positioned for sustained growth in the long term. With strong revenue growth, impressive profitability, and a diversified business model, Transcorp’s prospects are promising.

For investors, the current surge in share price present a temptation to sell, especially for those seeking to take profits after the significant year-to-date increase. However, for those with a long-term outlook, holding onto shares seems to be a more prudent strategy. The growing influence of HH Capital will usher in further operational efficiencies and strategic initiatives that may continue to drive Transcorp’s growth. Given the company’s strong fundamentals and diversified portfolio, it is likely that Transcorp’s value will continue to rise over time, making it a solid hold for investors looking to benefit from future gains.

Thus, the recommendation for shareholders is to hold their Transcorp shares, provided they are willing to adopt a long-term investment perspective and take advantage of potential future gains driven by both operational improvements and strategic investments.

Willie2015:
Cabal is an inherent feature of any sector in Naija....
They will evolve once subsidy is in place in education health or agriculture...
PBAT need to confront this cabal system...
Or his so called reforms means hunger and starvation for the masses...
No sane country allows economic saboteurs to prosper...

God bless you!

Streetinvestor2:
Meristem is noting to write home about. I opened an account with them long ago and deposited 100k.i have never added a dime after I discovered they are rubbish in every aspect. They want money but never ready to add value to thr services to earn the money. Don't know anything about the second guys. If you have issues with them.Do write sec ,copy them and nse in your letter. And put up a reminder every two weeks referencing the previous letter and the date of the previous letter. That way they will take you serious and believe you are keeping records for possible legal action

Can you please give me sec email.

Thanks for this...I really appreciate.
I look forward to end my relationship with meristem. God help me.

eziokwunwoko:
Good morning Current price: What is the fair value of UACN.
Please reply me

eziokwunwoko:
Please Pa Emma, Current price: What is the fair value of UACN.

eziokwunwoko:
Compliment of the season. What is the fair value of UACN

compliment bro. I can see you are eager to know the FP of uacn from your post over few days... bear in mind, given a fair value here does not mean the stock will get to that price or the price will not go above the fp. the koko is enter a good company and get out at your target... valuation of a company is continuous... FP may worth N10 this quarter and worth less or more in the next quarter report... I remember when I gave alert on Nacho @ less than N6.. as it then my valuation price was N26. I personally sold mine at N27. today the price is N46 .

for me I do try to carry good researches and seek some of my Ogas opinions on a stock before pointing it out. I will never come here to point out a stock based on hope or MH, UACN has been below N10 for some months but never worth pointing out based on my bedsheet.. no alert of such but when it move close to N20 and the FA look good on bedsheet , it become attractive for Alert.

..to your post on UACN fp, my bedsheet based on their latest report so far is N45 it could get better or worst with new information any time

mohbadliveson:
MTN will be the next goldmine in January 2025

Be cautiously optimistic.....

RodgersAkpafu:
Please
As much as you are entitled to your own opinions, I'll admonish you to keep your "whataboutisms" in a cupboard where the sun does not shine.

Tinubu is an incompetent president
The results are clear for all to see
Keep Obi out of this

Tinubu is an incompetent leader
Fact check
Foreign reserves almost double
Crude oil export has increased about 1million barrels
Debt servicing reduced to 65 percent from 90
Crude for Naira for local refinery and now Nigeria now exports PMS
If u can personally do better, please come up with your facts and figures
I hate too much grammar

Thanks, I stand by your mandate.
Please send Fair value of Prestige Plc, Guinea Insurance and Aiico insurance

currentprice:
compliment bro. I can see you are eager to know the FP of uacn from your post over few days... bear in mind, given a fair value here does not mean the stock will get to that price or the price will not go above the fp. the koko is enter a good company and get out at your target... valuation of a company is continuous... FP may worth N10 this quarter and worth less or more in the next quarter report... I remember when I gave alert on Nacho @ less than N6.. as it then my valuation price was N26. I personally sold mine at N27. today the price is N46 .

for me I do try to carry good researches and seek some of my Ogas opinions on a stock before pointing it out. I will never come here to point out a stock based on hope or MH, UACN has been below N10 for some months but never worth pointing out based on my bedsheet.. no alert of such but when it move close to N20 and the FA look good on bedsheet , it become attractive for Alert.

..to your post on UACN fp, my bedsheet based on their latest report so far is N45 it could get better or worst with new information any time

Hmm... Those SA people will let you have something?

mohbadliveson:
MTN will be the next goldmine in January 2025

olaremint:
Tinubu is an incompetent leader
Fact check
Foreign reserves almost double
Crude oil export has increased about 1million barrels
Debt servicing reduced to 65 percent from 90
Crude for Naira for local refinery and now Nigeria now exports PMS
If u can personally do better, please come up with your facts and figures
I hate too much grammar

You can tell these to the undiscerning and agbado miscreants
Those of us who are "in the know " know that the idi@t in aso rock is a collosal failure

Record inflation levels
Record Unemployment
Record exchange rate weakness (before Tinubu, who would have thought that pounds will cross 2k?)

Record debt (foreign debt plus debt servicing)
Record budget deficit (15.3 trillion is wild, considering that this same amount was GEJ MTEF budget for three years)
That's what one bobo Chicago is incurring as deficit
All those euro bonds will be due one day, na that time una eye go clear

Continue hailing incompetence and foolishness because of tribal affiliations you hear?

rubbish and nonsense 🙄

I better drop my pen before I derail this lovely thread

Good oga! I am newbie in Nigerian stock buys and need advise on the best trading app. Thank you and God bless you.

swiperthefox:
Good oga! I am newbie in Nigerian stock buys and need advise on the best trading app. Thank you and God bless you.

I will suggest you start with meristem (meritrade) and later get a bamboo , depending on the size of funds you have at your disposal

Those are the two of other brokers I use and they are working just well and fine

Oga Area, I'm with you on this 110%. Most of the guys complaining about TP policies, I can bet you they never liked TP nor voted. They are still pained their candidate lost. There was never a good time to remove all those subsidy on forex and oil. Can you imagine subsidising forex. It was nothing but a scam.
Anyone that is not happy with TP should wait till 2027 and vote him out.

Streetinvestor2:
Which integrity. Buhari lacked everything beside fanaticism. I would take Tpain any day over Buhari. Buhari I knew all my yrs in the North had nothing in his brain. He is the dulles soldier I have ever seen as a commissioned officer.T pain is a very intelligent person .This is a fact you can't take away from him.A typical example of him is the guy who acted,catch me if you can