₦airaland Forum

GeneralDae:
In real dollar terms it is now slightly up if you use 750/$ as at May 2023.

NGX market cap as at May 2023 - 28 trillion naira (37.3 Billion USD)

NGX market cap as at May 2025 - 70 trillion naira (43.75 Billion USD).

GeneralDae:
In real dollar terms it is now slightly up if you use 750/$ as at May 2023.

NGX market cap as at May 2023 - 28 trillion naira (37.3 Billion USD)

NGX market cap as at May 2025 - 70 trillion naira (43.75 Billion USD).

Streetinvestor2:
The guy is super marketer.He almost made me consider police bank for jijo but I no agree because I hate anything to do with police.
I come dey like his idea of less os for any company for jijo.I have pencilled down two because it is easy for him to manipulate such stock.
Note:Never a dead company. Mostly companies that are about to turn around for good.

jonnysessy:
I really wouldn't have made any comment again. Because you have said it all and i quote "Let me talk like one of JAGABAN praise singers". So which just goes to to imply that you are just jiving and catching cruise. If you convert the so called gains made on NGX in dollar terms we are actually retrogressing. But, all the same we move. Any movement is a movement so far you are not stagnant.

Mpeace:
Lol. When Tinubu took over, the rate was 465/$ not 750.
See below our seplat dividend exchange rate at the time.
Even Tinubu knows that his regime has been terrible. He and Buhari should compete for the worse economy managers.

Streetinvestor2:
Why did you choose 750 and not present reality of 1600

GeneralDae:
Because companies use the rate set by CBN but that rate was not real because even big businesses were struggling to get it at 465 which is the reason the backlogs continued to pile.

jonnysessy:
I really wouldn't have made any comment again. Because you have said it all and i quote "Let me talk like one of JAGABAN praise singers". So which just goes to to imply that you are just jiving and catching cruise. If you convert the so called gains made on NGX in dollar terms we are actually retrogressing. But, all the same we move. Any movement is a movement so far you are not stagnant.

Mpeace:
That was the official exchange rate

Mpeace:
That was the official exchange rate

KarlTom:
Ding

pluto09:
MTN has done over 2b naira in just 5 minutes of trade....

tayejay:
UBA over 850 million shares sold in few minutes.....

tayejay:
UBA over 850 million shares sold in few minutes.....

Mpeace:
over 1billion

OakPearl:
UNUSUAL VOLUME DETECTED!
1.2 billion shares of UBA valued at N44 billion traded just 24 minutes into trading today.
All I see is Tony Elumelu’s Heir’s Holdings mopping!

fashionnisir:
Nigeria's public debt is projected to surpass N180 trillion after President Bola Tinubu's request to the National Assembly for an additional N34.15 trillion in external and domestic loans. Here's a breakdown of the loan request ¹ ²:

- External Borrowing: $21.543 billion (approximately N33.39 trillion at N1,590 per dollar), €2.193 billion, and 15 billion Japanese Yen, plus a €65 million grant. These funds will target key sectors such as:


- Infrastructure: railways and nationwide development programs

- Agriculture: to enhance food security

- Health: critical healthcare projects

- Education: nationwide development programs

- Security

Employment Generation: [/b]to promote skill acquisition, entrepreneurship, and job creation

- *Domestic Bond Issuance*: N757.983 billion to settle outstanding pension liabilities under the Contributory Pension Scheme (CPS). This aims to:
- Improve retirees' welfare
- Boost confidence in the pension system
- Inject liquidity into the economy

The Tinubu administration argues that this borrowing plan is crucial to address the country's significant infrastructure deficit and revenue challenges. However, critics warn that the additional foreign-denominated debt may amplify currency and refinancing risks, potentially pushing Nigeria into a debt trap


[b]
ECONOMIC EVENT:
These are the kind of news that moves the market , the economic indices and fiscial policy . Follow the big institution and big market movers and take you position now in the following sectors:

Infrastructure
Agriculture
Health
Education
Security
Employment Generation


Question you should ask are these:


How do i benefit from these Event as a shareholder?

which sector will have more impart in the Nigeria stock exchange?

which companies will secure these deals, are there public listed companies in the stock exchange floor?

why more loan now, definitely oil production and revenue might be low or in less demand both domestic and international . so call for the development and investment of these following sectors :

Take Out Questions

who are the pension companies in charge of paying the retiree?

How many pension paying companies in the Nigeria stock exchange and is there possiblity of then benefiting and reture grows the share prices and there dividend earning ?

Disscuss and add your own question if you have one.


Stop spreading dumb news, what is the source of the information where the president asked for that loan. It's lie n unfounded.

It's the limit of what Nigeria can borrow over the next two years and not what they are about to borrow, stop spreading non€sens§.

Bbbwings:
Ucap too 999million.
What is happening?

tayejay:
UBA over 850 million shares sold in few minutes.....

Agbalowomeri:
Abi Tony wan japa

Mpeace:
And yeye transcorp just dey look like mumu as him brothers dey move

SonofElElyonRet:
Nairametrics - BREAKING: Heirs Holdings buys 45 million units of UBA shares worth N1.54 billion

Mpeace:
Lol. He wants hold UBA firmly. He might drive the price up in the near future

Mpeace:
And yeye transcorp just dey look like mumu as him brothers dey move