₦airaland Forum

Trump is humbling China.

https://www.foxnews.com/politics/trump-says-he-not-drop-tariffs-get-china-negotiating-table

Latest by July we can expect another round of borrowings by the FG.
In fact the low oil output, coupled with 20% shortfall in crude benchmark price, makes this highly probable.

How this will affect the OCs is another ballgame...

crownprince2017:
I believed the market will still remain flat, the worst case scenario. because reduction in oil price will bring about reduction in cost of production for companies as well as increase in purchasing power.

Will country borrow, I don't think they would, based on other available sources of income which has increased in value like solid minerals as well as increased in tax etc.

pluto09:
The stated eps in NASCON is not adding up.
Someone should help with the calculations please,may be I am missing something.

It comes to around 2.80 even with the outstanding shares from Q1 2024.

The block is vice versa...

Seun:
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Agbalowomeri:
Anybody wey block me I go carry stock picks come meet am for dream

https://mobile.ghanaweb.com/GhanaHomePage/business/Dangote-announces-establishment-of-a-sugar-refinery-factory-in-Ghana-1982497


With this latest report, watch the scramble for Dangote Sugar tomorrow

What am yet to understand in this market is that any news drives the market ( I mean any news). People will even forget that the Q1 result didn't even jell.

I would have loved to pick some stocks tomorrow that had not reached their qualification dates for dividend investment. But, most that I would like are heavy duty stocks, which will afford me to pick only very few units.

KarlTom:
The block is vice versa...

This would have been better permanently

Ginalex:
Dangsugar

Is this a sign that Dangfoods would happen sooner than we think 🤔? First the Dangsugar project in Ghana, now this.... We wait and see

zendi:
What is the effect of crashing crude oil on Nigerian Stock Market, given the role of oil in the economy?

Bull, Bear or Neutral?

There are professors of economics and top notch market analysts here.
Time to speak up.
Portfolios and networths could be in danger.

National budget is typicallyly benchmarked on $75/barrel oil price.
Oil is right now at around $60 and, I'm sure, headed down.

Govt is the biggest spender in the economy, and right now is already in deficit budget.

So what next?

Is it foreign investors that will come and mop cheap stocks when liquidity dries up in the market?
Or will Govt resort to borrowing to fund the budget and keep the economy bouyant until our precious oil recovers?

Government may likely do forward crude oil sales again (like in COVID). This time it might be up to $11 Billion.
If Dangote is liquid, I would say we renegotiate with those we did forward sales with and Dangote buys up some of the long term forward crude oil sales we already have.
Budget would also have to be reviewed and cut down and capital projects ran strictly by the private sector or FDI.

WHICH NIGERIAN BANKS PAY THEIR STAFF THE MOST, AND THE LEAST, IN 2024?

As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it comes to employee pay.
Nairametrics has analyzed the 2024 financial reports of 9 listed banks, and the findings reveal sharp contrasts in how banks structure compensation.
From executive-heavy organisations to lean branch-driven models, each bank’s strategy is reflected in how it pays its workforce.

Ginalex:
Is this a sign that Dangfoods would happen sooner than we think 🤔? First the Dangsugar project in Ghana, now this.... We wait and see

Sugar go aurprise many from q2 results .And will touch #50 and above this yr

I really want to know how dangote sugar is doing in the market....let us forget the stocks first.

debeey87:
It comes to around 2.80 even with the outstanding shares from Q1 2024.

Thanks , that alligns with my calculation.
I don't know how they arrived at their own figure of N3.74.

pluto09:
Thanks , that alligns with my calculation.
I don't know how they arrived at their own figure of N3.74.

noticed that too.

emmaodet:
WHICH NIGERIAN BANKS PAY THEIR STAFF THE MOST, AND THE LEAST, IN 2024?

As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it comes to employee pay.
Nairametrics has analyzed the 2024 financial reports of 9 listed banks, and the findings reveal sharp contrasts in how banks structure compensation.
From executive-heavy organisations to lean branch-driven models, each bank’s strategy is reflected in how it pays its workforce.

Is the 6m monthly or annual?

emmaodet:
WHICH NIGERIAN BANKS PAY THEIR STAFF THE MOST, AND THE LEAST, IN 2024?

As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it comes to employee pay.
Nairametrics has analyzed the 2024 financial reports of 9 listed banks, and the findings reveal sharp contrasts in how banks structure compensation.
From executive-heavy organisations to lean branch-driven models, each bank’s strategy is reflected in how it pays its workforce.

Is contract staff included?

Oil prices fallen below 60$ no be small thing.
Yet seplat keeps going up in the london exchange

Agbalowomeri:
Is the 6m monthly or annual?

Definitely yearly

emmaodet:
Definitely yearly

Omo that's poor

Agbalowomeri:
Is the 6m monthly or annual?

E say na monthly

CHAMPION BREW
Dividend 6kobo
Qualification date 9th being Friday
Payment date 21st May.

Target price Before Qualification date N5.19

The beginning of a new era in the Beverages /Brewery sector

jonnysessy:
https://mobile.ghanaweb.com/GhanaHomePage/business/Dangote-announces-establishment-of-a-sugar-refinery-factory-in-Ghana-1982497


With this latest report, watch the scramble for Dangote Sugar tomorrow

What am yet to understand in this market is that any news drives the market ( I mean any news). People will even forget that the Q1 result didn't even jell.

The news about Aradel acquiring Shell assets didnt move it though

Agbalowomeri:
You do understand that commodities move in cycles? What if by the time ELLA is ripe, the global palm oil market is in the bears?

Ellahlakes is not doing only Palm Oil. It is also into piggery, cassava processing and has plan to do Rice farming etc
Ellahlakes is a diversified Agro business entity and not just doing Palm Oil.

faoogoke:
Ellahlakes is not doing only Palm Oil. It is also into piggery, cassava processing and has plan to do Rice farming etc
Ellahlakes is a diversified Agro business entity and not just doing Palm Oil.

Na only palm oil matter, the rest are irrelevant

zendi:
Trump is humbling China.

https://www.foxnews.com/politics/trump-says-he-not-drop-tariffs-get-china-negotiating-table

Did you read the Chinese Embassy response?
It's the other way round
China is humbling USA

All these one is cope

The effect will reflect in Q2 results.

Then it will move...

Layi9:
The news about Aradel acquiring Shell assets didnt move it though

Ding!

Slow start.
Seems 'people' didn't forget...

jonnysessy:
https://mobile.ghanaweb.com/GhanaHomePage/business/Dangote-announces-establishment-of-a-sugar-refinery-factory-in-Ghana-1982497


With this latest report, watch the scramble for Dangote Sugar tomorrow

What am yet to understand in this market is that any news drives the market ( I mean any news). People will even forget that the Q1 result didn't even jell.

KarlTom:
Slow start.
Seems 'people' didn't forget...

Expect a possible breakout from C&I leasing any moment from now
Next support is 4.95
Book value of CIleasing is 15.40

Year end Projected price N10-12
Note:Cileasing is yet to release 2024 audited result and Q1 2025.

This is why you are seeing the stock trading at this current price.Those who are bullish on the stock are taking positions now because this stock will sky rocket based on the researches made so far.

Take a look at these consumer services stocks
ABCTRANS
Nahco
Tip
Caverton
Cileasing the only stock yet to respond to bull here.

Based on unaudited 2024, Cileasing revenue increased from N25B in 2023 to N37B in 2024

Assets increased from N79B in 2023 to NN113B in 2024.

2025 is a good year for Cileasing.Their commercial paper was oversubscribed in March 2025.This is a good sign.

Check the news surrounding Cileasing in 2025 below

https://nairametrics.com/2025/03/12/ci-leasing-issues-n10-billion-commercial-paper-takeaways-for-investors/


https://businessday.ng/companies/article/fidelity-fbn-own-most-equity-stakes-in-ci-leasing-plc/

https://nairametrics.com/2025/04/07/ci-leasing-plc-expands-its-use-of-electric-vehicles-at-its-subsidiary-in-ghana-amid-an-impressive-over-subscription-in-recent-series-5-commercial-paper-issuance/

CWG
Successfully crossed N10 mark and is trading at highest price for today........N11.15.....
Almost on full bid.....
My dream price for this stock is still around 90% upside from today's high.......all things being equal
We see how it goes......

Besides, where are those that used to asked unending questions about this stock?
You no go hear "pim" again from them......
Una well-done.

** Note: This is a stock for the long termers and extremely patient investors.
Analysis for this stock was done more than 2yrs ago.....
@Currentprice bedsheet then did justice to it. 😊

ositadima1:
This is not what I asked. I'm looking at companies' profit growth. What I'm telling you is that, despite some of these companies reporting massive increases in profit, when you adjust those figures to the dollar value of their respective periods, you’ll realize they actually made less real profit.

Let me explain: suppose a Nigerian company made ₦1,000,000 in profit after tax in 2014. At the 2014 exchange rate of ₦197 per dollar, that equates to $5,076. Now, let's say the company has grown its profit by 20% annually (CAGR). By 2025, that would amount to about ₦7,430,000 in profit. Converted at the current exchange rate of ₦1,600 per dollar, that gives you roughly $4,644. So, although the profit in naira terms has increased significantly over the last 10 years, the real value in dollars has actually decreased.

Only companies with a compounded annual growth rate above 22% since then would have experienced real profit growth in dollar terms. But how many companies fall into that category?

So, my point again is that outsized returns aren’t the whole story. We also need to look at real return when compared with stable economies. Going back to your calculation—a foreign investor whose Nigerian portfolio didn’t grow more than 8x from 2014 to date has effectively lost money. Don’t point to the few companies that achieved 20x to 30x returns in share value; we also have many that didn’t. A 2014 investor would have needed to be extremely lucky to pick only the top performers.

They will say we spend in naira and it does not matter , atimes ignorance is not bliss , always good to be diversified especially when devaluation is a big factor