₦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).

Agbalowomeri:
Lol Oando promise and you believe

GeneralDae:
We have to increase revenue tremendously for the borrowing to slow down. In my opinion, we should have increased VAT from 7.5% to 10% as proposed by tax reforms but law makers turned it down. Our VAT rate is one of the lowest in the world if not the lowest.

This Government has done more of domestic borrowing. In terms of external debts, they have only increased it by approximately 2 Billion USD to 45 Billion USD at the end of 2024 from 43 Billion USD in May 2023. It seems they are yet to access majority of those World Bank loans approved in 2024.

But, the optics is bad with some wasteful spending and the NASS keep padding budgets like they’ve always done since 1999.

KarlTom:
You sure say na 45m OR 450m

Streetinvestor2:
Pls make una help with the latest ellahlakes results. I don check for ngx I no see oh

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/44173_ELLAH_LAKES_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2025.pdf

SonofElElyonRet:
Copied from nairametrics post on Facebook

KarlTom:
Yes I saw the article.

I was just curious with the volume traded within the opening half-hour...

Streetinvestor2:
Oando you go collect if we no see result today.
Even if na my papa get the company. I will stand by the truth irrespective of my money in it.
Onado you better bring out result as promised today....no excuse

Streetinvestor2:
Thanks
All those personal being paid suppose dey catch rat for that farm dey sell to raise better revenue.What are they really paying them to do..lol.This na q3 results. The journey still dey far oh as they are digging still down the hole
Thr salaries go soon become on I owe you note then stealing of farm animals and produce go start for survival. Then protest and panel beating of management

Picky1:
You eh.....persin no fit laff. We hear you sha!

Utalinmou:
Please is there any news on cutix plc

Utalinmou:
Please is there any news on cutix plc

yMcy56:
https://doclib.ngxgroup.com/Financial_NewsDocs/44192_CUTIX_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2025.pdf

By the way, how many people don refresh NGX website for more than 20x today?
Make Una raise up your hand ✋☝️
Chai!! OANDO abeg no fall out hand ooo
The laugh go too plenty from your "enemies" 🥺

Streetinvestor2:
I was wondering say u never show face today as per 30th

Streetinvestor2:
I was wondering say u never show face today as per 30th.
Some are waiting to get back thr own pound of flesh from people like me.The god of oando will disappoint them...lol
Na god with small letter I talk oh

megawealth01:
You wan break tables today wey be FRIDAY?

Agbalowomeri:

Dem say person get 1 billion units to sell una think say na joke. Na that insider boy talk am o

yMcy56:
https://doclib.ngxgroup.com/Financial_NewsDocs/44192_CUTIX_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2025.pdf

By the way, how many people don refresh NGX website for more than 20x today checking for O&O results?
Make Una raise up your hand ✋☝️
Chai!! OANDO abeg no fall our hand ooo
The laugh go too plenty from your "enemies" 🥺

The panic sellers were seeing in market today, probably because there's still no info yet.......but na for evening or night those evil workers go upload am

Picky1:
Please do you have the result for Sterling Bank? Will be nice if you can post it here.
Secondly is Adenuga of GLO the majority shareholder?

Agbalowomeri:
They have already seen it

Agbalowomeri:
They have already seen it

Agbalowomeri:
They have already seen it

Streetinvestor2:
Thanks
All those personal being paid suppose dey catch rat for that farm dey sell to raise better revenue.What are they really paying them to do..lol.This na q3 results. The journey still dey far oh as they are digging still down the hole
Thr salaries go soon become on I owe you note then stealing of farm animals and produce go start for survival. Then protest and panel beating of management

fashionnisir:
we cant be talking about increase in Vat tax without considering unemployment rate in the conutry, the mass will bear the cost burden .
Employment of workable and willing labour forces is also key.

Streetinvestor2:
I was wondering say u never show face today as per 30th.
Some are waiting to get back thr own pound of flesh from people like me.The god of oando will disappointment them...lol
Na god with small letter I talk oh