₦airaland Forum

ololufemi:
Oga MegaWealth, Olowo Nairaland

You can create jobs but do the people have the skills to work in those environments. Another question to ask ourselves is, are they willing to take up such opportunities when they present themselves irrespectiveof the remuneration?

Before we go down the route of mineral resources, I still believe there are more than enough jobs within the agricultural value chain for our teeming population. Agriculture can be our major area of comparative advantage for our own people but the skills, equipment and willingness to get involved needs to be optimised.

Once value can be added to our production for both local consumption and export, we can leverage that to expand other areas of the development indices of the country.

💯

ACCESS
Acquisition of National Bank of Kenya..
Una sure say this your bank go repent? Lol.

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/ACCESS%2520HOLDINGS%2520PLC%2520%25E2%2580%2593%2520ACQUISITION%2520OF%2520NATIONAL%2520BANK%2520OF%2520KENYA%2520LIMITED.pdf

yMcy56:
ACCESS
Acquisition of National Bank of Kenya..
Una sure say this your bank go repent? Lol.

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/ACCESS%2520HOLDINGS%2520PLC%2520%25E2%2580%2593%2520ACQUISITION%2520OF%2520NATIONAL%2520BANK%2520OF%2520KENYA%2520LIMITED.pdf

ACCESS will either collapse from these risky adventures or become the biggest bank in Africa

Agbalowomeri:
ACCESS will either collapse from these risky adventures or become the biggest bank in Africa

It will become the biggest bank in Africa if they are sincere with us shareholders

Please how safe is real estate land banking? The one that offers about 35% ROI

Princkez:
What will be the faith of HONYFLOUR this morning...10% gain,10% loss or stagnant.

HW actual profit was N21billion but was marked down strategically. See my chat with an insider

Prolificlife:
HW actual profit was N21billion but was marked down strategically. See my chat with an insider

They won't try buyout at anything lower than the ATH

megawealth01:
It will become the biggest bank in Africa if they are sincere with us shareholders

It is better to die while trying than not to try at all. I give it up for Access Bank.

jonnysessy:
It is better to die while trying than not to try at all. I give it up for Access Bank.

ACCESS BANK is focused. I like those who are focused about their objectives

Agbalowomeri:
ACCESS will either collapse from these risky adventures or become the biggest bank in Africa

It is just a vehicle for money laundering and stealing for some people. We sabi naija ways.

Babygal2020:
Please how safe is real estate land banking? The one that offers about 35% ROI

Be very careful when people introduce you to land banking. The Land Use Act does not support land banking especiallyholding for the long term. Whenever you acquire a property ratified by the government, you are expected to develop it within 2 years or else the government can acquire it for public interest at any time. Many have lost their lands in Abuja and Lagos as a result of this.

If government is sincere and can be focus on reducing corruption, I feel when they align structures for financing the real estate sector to a minimum of single digit rates, it will lead them to start massive acquisition towards creating housing for the low to middle income class structures.

The Surulere LGA when conceived and developed by the LEDP several decades ago is a fantastic example of how government can create new towns and cities.

jonnysessy:
It is better to die while trying than not to try at all. I give it up for Access Bank.

that was how folks were shouting small access bank until they swallowed almighty Intercontinental bank. Small fish swallowed a cow. Then they went for Diamond bank. The exploits have continued. I believe they have mastered the art of acquisition and they will come out strong.

megawealth01:
It will become the biggest bank in Africa if they are sincere with us shareholders

I agree with you on this. They have the potential to be bigger than Standard Bank within the African continent. It also seems that they are preparing for a time when cross border trades and investments will be the norm and increasingly encouraged across Africa. This will result in the removal of several barriers hindering growth across the continent.

I laugh at the bolded. Standard Bank is almost $200bn in assets

ololufemi:
I agree with you on this. They have the potential to be bigger than Standard Bank within the African continent. It also seems that they are preparing for a time when cross border trades and investments will be the norm and increasingly encouraged across Africa. This will result in the removal of several barriers hindering growth across the continent.

unite4real:
that was how folks were shouting small access bank until they swallowed almighty Intercontinental bank. Small fish swallowed a cow. Then they went for Diamond bank. The exploits have continued. I believe they have mastered the art of acquisition and they will come out strong.

They fraudulently took over intercontinental. It is the karma that is fighting those responsible

Thanks boss

ololufemi:
Be very careful when people introduce you to land banking. The Land Use Act does not support land banking especiallyholding for the long term. Whenever you acquire a property ratified by the government, you are expected to develop it within 2 years or else the government can acquire it for public interest at any time. Many have lost their lands in Abuja and Lagos as a result of this.

If government is sincere and can be focus on reducing corruption, I feel when they align structures for financing the real estate sector to a minimum of single digit rates, it will lead them to start massive acquisition towards creating housing for the low to middle income class structures.

The Surulere LGA when conceived and developed by the LEDP several decades ago is a fantastic example of how government can create new towns and cities.

megawealth01:
Says who

I think this is misleading. Oando isn't suspended bro

I know this is just for the laughs and jokes and no harm intended
The myriad of mischiefs and conspiracy theories that surround Oando could be mind boggling!
So be ready for anything and everything!
But in reality, again, Oando could be suspended by SEC if they shift dates again. The fault could be from Wale's management or the auditors.

Streetinvestor2:
They fraudulently took over intercontinental. It is the karma that is fighting those responsible

Is that what the Regulator said?
If you commit foul and the Referee says play on......
The end justifies the means.
Business is not a missionary affair.

Agbalowomeri:
ACCESS will either collapse from these risky adventures or become the biggest bank in Africa

Any major economic crisis of global scale will really affect them. The size is now too much.
But I get small leg inside shaa

unite4real:
that was how folks were shouting small access bank until they swallowed almighty Intercontinental bank. Small fish swallowed a cow. Then they went for Diamond bank. The exploits have continued. I believe they have mastered the art of acquisition and they will come out strong.

Moreso that the shaddow of the pioneer visionary cowboy, Aig-Aigboje Imokhuede, remains firm over the bank, maybe you ain't even seen anything yet.

Locotrader:
I presume some Ellah lakes insiders who want to Japaa is at Nsempa at the moment.They don't discuss about other stocks except Ellah.All of us are wearing the same clothe.Who go understand?When they Japaa,them go disappear from here at once.I am suspecting 2 monikers here even 3

If you want to enter,wear rainboot and have your long spoon at hand like Loco.Na only 10 to 20% we need from Ellah.Very soon I go begin look for only 8% in Ellah to cover data expenses.

Janet is seriously calling inside Ellah
You no go like Janet experience

Chaii this guy is too wicked.. Oh so you want ELLAHLAKES come down to 3 so you can buy again and sell at 3.50.. Mean while you told your followers to sell at 6 or7.
You think the money go better for you in the longrun?

zendi:
Is that what the Regulator said?
If you commit foul and the Referee says play on......
The end justifies the means.
Business is not a missionary affair.

The regulator whr part of the game.That is how is done i in nigeria. You can go verify from inec,judiciary ,cbn ,nse etc
But when karma comes knocking they all become powerless. The owner of Intercontinental has not forgotten or forgiven.

Mpeace:
Any major economic crisis of global scale will really affect them. The size is now too much.
But I get small leg inside shaa

Make water no carry that your leg join

If this is anything to go by, then we can expect acquisitions in:
3 more countries and USA (OECD) PLUS an additional 40mn customers

https://doclib.ngxgroup.com/Financial_NewsDocs/37420_ACCESS_HOLDINGS_PLC%20UNVEILING_ACCESS_CORPORATION%27S_202.pdf

KarlTom:
ACCESSCORP 2027 Outlook by Business (published January 18, 2023)

https://hallmarknews.com/access-corporation-posts-five-years-strategic-outlook/

Agbalowomeri:
Make water no carry that your leg join

[,

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +2.65%

This is old news na. The deal was announced more than a year ago. They're just announcing the actual completion of the acquisition.

And of all the deals they've announced, entry into Kenya, with its relatively large, young, rapidly growing economy and embrace of digital banking, has one of the best strategic rationales for Access.

yMcy56:
ACCESS
Acquisition of National Bank of Kenya..
Una sure say this your bank go repent? Lol.

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/ACCESS%2520HOLDINGS%2520PLC%2520%25E2%2580%2593%2520ACQUISITION%2520OF%2520NATIONAL%2520BANK%2520OF%2520KENYA%2520LIMITED.pdf

stockish:
Chaii this guy is too wicked.. Oh so you want ELLAHLAKES come down to 3 so you can buy again and sell at 3.50.. Mean while you told your followers to sell at 6 or7.
You think the money go better for you in the longrun?

Please let's refrain from attacking individuals on this thread.

Always DYOR.

Hmm...

PuristForest:
guys brace up for oando ...perhaps to around the early 30s
ellahlakes to 5.7

HesInMe:
This is old news na. The deal was announced more than a year ago. They're just announcing the actual completion of the acquisition.

And of all the deals they've announced, entry into Kenya, with its relatively large, young, rapidly growing economy and embrace of digital banking, has one of the best strategic rationales for Access.

Not entirely Old news per se.
I think CBN stalled it.
But now it seems they Have gotten the green light.

cocolacec:
Japaul QD

Japaul QD that was scheduled for Friday this week, will now be on Thursday this week.