₦airaland Forum

Agbalowomeri:
So you haven't noticed some stability and gradual reversal of the naira? I think rates will trend down gradually to 1200

Are you been serious right now.what is the current price. IF that is achieved this yr .I will salute the economic team.Not achieve via more dollar borrowing because it will be temporal and go back.That mean with this you are not team buy dollars to keep

[quote author=Payunsin post=135715965][/quote]You will wait till eternity if you're waiting for Oando @ N2. Alot will still bite their fingers by not investing today. Oando is investing in Lithium and gold minning as well. The likelihood of getting refinery soon is high.

Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/252_Notification_of_Share_Purchase_-_Adegbola_Adesina_-_5.6.2025.pdf

Aradel CFO just purchased shares in the company valued at over 750 million Naira.

Abeg where this pple dey follow see this money?

Abi na the same kobo kobo salary wey dem dey collect?

Guys lets all learn to follow the money, they sold 10BN and bought 0.75BN, thats ridiculous.....when they sold 10Bn there was little fanfare, now they bought 0.75Bn and so much fanfare.....this is where patience become difficult becuase these composite investors will do all things to trigger people to jump in the market prematurely....where is the rest 9.2Bn seating.....
Refs
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/8797#134208115
exactly 6 months ago https://pluboard.com/2025/01/15/markets-investing/gtbank-co-founder-fola-adeola-sells-n10-9-billion-aradel-shares/

Streetinvestor2:
This is thr usually stat.Why is it not affecting the value of naira which should be the first place to notice it

Because our exports are still 80% oil and gas of which the NNPC gets only about half of that. So if in a year we get 50 Billion USD from oil exports, what we get would be around 25 Billion USD, the rest are repatriated by the likes of Shell and Chevron to their parent companies. Our exports are not yet diversified so the predominant source of FX is oil which we don’t fully control to some extent.

The value of the naira is also affected by the very high debt servicing (especially foreign) and the budget deficits we have had non stop since 2013.

Agbalowomeri:
So you haven't noticed some stability and gradual reversal of the naira? I think rates will trend down gradually to 1200

It doesn’t even need to trend down to show that the policies are working. Remaining stable alone and devaluing at 5% per annum will be good for the economy.
Predictability is the most important thing.

NNPC has begun publishing their monthly report.

Olaide1295:
When the president sent the budget to National Assembly. He told them to use $65 (or $60..not sure rn), the National Assembly guys jacked it up to $75 and inserted their own constituency projects.
What do you want the president to do? Don’t forget the power of appropriation is with the Assembly. They can even draw up a budget and pass anything they want without the president’s permission or approval.
The reality is unfortunate, but a president has to choose his fight. Fight them too hard and they’ll turn against you and even impeach you.

It is not about pointing accusing fingers at one person or the other or one party or the other. They are all the same.
If the president knows that historically, the house will add their own quota, he could have reduced his budget presentation to $45/50 while they add their own to make it $60.
Anyway, that is their problem. Mine is to capitalize on their fuulishness and stuupidity to my advantage

Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

PuristForest:
Guys lets all learn to follow the money, they sold 10BN and bought 0.75BN, thats ridiculous.....when they sold 10Bn there was little fanfare, now they bought 0.75Bn and so much fanfare.....this is where patience become difficult becuase these composite investors will do all things to trigger people to jump in the market prematurely....where is the rest 9.2Bn seating.....

It is part of the game I said going on in that company..lol.

LAFARGE

https://www.vanguardngr.com/2025/06/lafarge-sale-court-orders-status-quo-as-dispute-moves-to-appeal-court/

zendi:
Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

Not surprised.The size of only that refinery is enough to make him age faster with the stress associated. I don't envy what is going on daily in his head..lol
Make the man no go die before his time.
I expect him to do Same with cement soon

Emir01:
You will wait till eternity if you're waiting for Oando @ N2. Alot will still bite their fingers by not investing today. Oando is investing in Lithium and gold minning as well. The likelihood of getting refinery soon is high.

Do you mean Trinidad, or another?

Oando Trinidad Refinery is already long factored in by the market, only waiting to go on stream.

[quote author=KarlTom post=135718663]LAFARGE

https://www.vanguardngr.com/2025/06/lafarge-sale-court-orders-status-quo-as-dispute-moves-to-appeal-court/[/quote

At the rate the case is moving till October again. Large fit reach #300 when final ruling will be pronounced. Then chinko go come still pay heavy premium if they win the case.Na minority shareholders win.We don collect first 4 naira waiting for final dividend which I don't expect to be below #2 again

I don't think your caption is correct though.

Man is getting old (68) and it's imperative to start delegating some responsibilities. He remains Chairman of Dangote Group

Can we also say that TOE has demoted TRANSCORP Power?

The elders say "the strength of the chief lies in the strength of his tribe"

zendi:
Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

[quote author=Emir01 post=135718268]You will wait till eternity if you're waiting for Oando @ N2. Alot will still bite their fingers by not investing today. Oando is investing in Lithium and gold minning as well. The likelihood of getting refinery soon is high.[/quote



#100 naira is a surest bet this yr for me

I don't think so.
There was little or no price movement after the announcement...

zendi:
Do you mean Trinidad, or another?

Oando Trinidad Refinery is already long factored in by the market, only waiting to go on stream.

KarlTom:
I don't think your caption is correct though.

Man is getting old (68) and it's imperative to start delegating some responsibilities. He remains Chairman of Dangote Group

Can we also say that TOE has demoted TRANSCORP Power?

The elders say "the strength of the chief lies in the strength of his tribe"

What do we know about this new guy is what should be our concern. I hope he is like the foreigner who transformed nahco we have today

Streetinvestor2:
Not surprised.The size of only that refinery is enough to make him age faster with the stress associated. I don't envy what is going on daily in his head..lol
Make the man no go die before his time.
I expect him to do Same with cement soon

He's too fond of cement to do that. Besides, cement is making him money, while sugar is bleeding him money. I even expected him to divest from sugar altogether, like he did from flour.

KarlTom:
I don't think so.
There was little or no price movement after the announcement...

How can it be factored in when they have not taken over the operation of the asset.You win bid no mean you no fit back out

zendi:
He's too fond of cement to do that. Besides, cement is making him money, while sugar is bleeding him money. I even expected him to divest from sugar altogether, like he did from flour.

Na you feel he is losing money from sugar.They pay themselves via many means. Age is beginning to tell on him from direct managerial positions..If na me I for done retire completely to go enjoy my money. Man way no even get official wife with all this wealth and associated stress. Money way you go die leave

Ades1:
Abeg bros, I have a question and I want you to answer based on your experience.

How much would I need to invest in NGX to have a ₦1,000,000,000 portfolio in 11 years abeg? Lets assume I was able to beat the market by 20% annually.

Just rough estimates is fine. I want to check something

161.4m.
Future value = present value x (1 + expected growth rate)^11 years
1b = PV x (1 + 0.20)^11
PV = 161.4m

I appreciate it, we try our best to keep learning

ositadima1:
If anyone is going to hit that ₦1 billion mark starting from below ₦50,000,000, it's this guy. I've seen his style — he blends fundamentals well and isn’t afraid to enter when the thesis is solid. No attachment to any stock or person, just pure analysis and execution. And of course, me ...

From my forecast and what they’ve done the other year they paid interim back in 2021. I think they can pay out another 4 or 5 naira per share as final dividend.
[quote author=Streetinvestor2 post=135718804][/quote]

Ades1:
Omo I tire ooooh. Any small thing billion billion, ok? Who cares? In fact turn it to trillion? How is that affecting me?

Because he has billions, I should come and learn from him? Learn what exactly? How do you know I don't have my own billions?

Jeez, my only prayer for Nigeria and Nigerians is for everyone to be buoyant enough to meet their needs and the needs of their family, the moment this is achieved, no one will pay attention to people like this.

Exactly brother.
So that people won't be codedly oppressing others but the biggest fear of those doing well is for others to be okay.
It means no one will care about the car you have or money you have and you won't be able to use your money to influence the decision of others.

emmaodet:
161.4m.
Future value = present value x (1 + expected growth rate)^11 years
1b = PV x (1 + 0.20)^11
PV = 161.4m

Just in case you didn't know, if you input this formula—or even use Excel’s built-in PV function—there’s a feature in Microsoft Excel that lets you estimate an input when you have the output. Instead of wasting time trying to reverse the formula manually, you can use Goal Seek. It's a powerful but hidden feature in Excel that only about 1% of users know about.

ositadima1:
Just in case you didn't know, if you input this formula—or even use Excel’s built-in PV function—there’s a feature in Microsoft Excel that lets you estimate an input when you have the output. Instead of wasting time trying to reverse the formula manually, you can use Goal Seek. It's a powerful but hidden feature in Excel that only about 1% of users know about.

En en.
Goal seek? I don learn another app for your hand today.
Make I go find am.
First one na Claudia, now na Goal seek

PuristForest:
Guys lets all learn to follow the money, they sold 10BN and bought 0.75BN, thats ridiculous.....when they sold 10Bn there was little fanfare, now they bought 0.75Bn and so much fanfare.....this is where patience become difficult becuase these composite investors will do all things to trigger people to jump in the market prematurely....where is the rest 9.2Bn seating.....
Refs
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/8797#134208115
exactly 6 months ago https://pluboard.com/2025/01/15/markets-investing/gtbank-co-founder-fola-adeola-sells-n10-9-billion-aradel-shares/

Most likely those Aradel shares were allegedly crossed to a SPV.

With what many know about such transactions in the industry, whoever did that transaction probably wanted to use those shares as a collateral to get a loan facility and his SPV would have suited the profile of the borrower by masking his or her identity.

🤔

emmaodet:
En en.
Goal seek? I don learn another app for your hand today.
Make I go find am.
First one na Claudia, now na Goal seek

Lol, it’s not an app—it’s actually embedded inside Microsoft Excel.

Let’s say you’re an architect trying to estimate the materials needed for a building. Your Excel file might have lots of equations linked together, with several input variables that ultimately produce a final output, like total cost or weight.

Instead of manually tweaking inputs to figure out what value gives you the desired output, you can use Goal Seek to automate that. It helps you estimate what one specific input should be to achieve a certain output.

I think it only works with one variable at a time, so all the other inputs must remain constant.

zendi:
Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

I won't call it a demotion. I'll call it a shift as well as positive test of confidence in the some of his vested hands there which allows them to replicate what they did with NASCON PLC.

He has adopted Mrs Yemis Ayeni after her tenure as Chairman of NASCON PLC to being a non-executive director at Dangote Sugar. Mr Kunle Alake (Group Managing Director) is now the Chairman of NASCON PLC.

ololufemi:
I won't call it a demotion. I'll call it a shift as well as positive test of confidence in the some of his vested hands there which allows them to replicate what they did with NASCON PLC.

He has adopted Mrs Yemis Ayeni after her tenure as Chairman of NASCON PLC to being a non-executive director at Dangote Sugar. Mr Kunle Alake (Group Managing Director) is now the Chairman of NASCON PLC.

Preparing to sell the company
DANGFLOUR loading

Streetinvestor2:
Na you feel he is losing money from sugar.They pay themselves via many means. Age is beginning to tell on him from direct managerial positions..If na me I for done retire completely to go enjoy my money. Man way no even get official wife with all this wealth and associated stress. Money way you go die leave

At a certain level it becomes a game, no biggy
Know how some gamers are addicted to winning

Streetinvestor2:
This is thr usually stat.Why is it not affecting the value of naira which should be the first place to notice it

As at April 30 official rate was $1,600(Nairametrics) and
today, 12th June it's about $1,539(Businesspost)

It's relatively stable at least.

Though I get your point on the sustainability part due to borrowing and current low production rates. I share same concern.

@GeneralDae thanks for the elaborate insight.