₦airaland Forum

Abi na Access bank dey cause this type CBN directive?
You know Access bank don't like paying dividends

Agbalowomeri:
Shuu they are not accessing their capacity to pay dividend now

He is defending his dividend strategy of all this yrs.If it becomes true that all banks should not pay dividend. Will he now classify them as bad companies
I know naija many will want to hide under this cbn policy and not want to pay. They don get excuse to short change shareholders while they pay themselves via back doors

SonofElElyonRet:
You dreamt of access last night?

..

............


..............

My brother I dropped out from grammar school .

Mpeace:
Abi na Access bank dey cause this type CBN directive?
You know Access bank don't like paying dividends

I feel say na fbn and access fit they behind this policy.

Streetinvestor2:
He is defending his dividend strategy of all this yrs.If it becomes true that all banks should not pay dividend. Will he now classify them as bad companies
I know naija many will want to hide under this cbn policy and not want to pay. They don get excuse to short change shareholders while they pay themselves via back doors

But guyz, for most of the investors in those banks, they’ve already gotten over 20% from stock price appreciation.
Which dividends are you guyz looking for again.

https://www.instagram.com/reel/DK62HJxNjA1/?igsh=MTQ1Z3M2bmNmdzE2cw==

Dividend and Capital preservation is the only reason why most people buy the banks, myself included, where else will you get 9-10% guaranteed yield you didn’t work for?
They’re too liquid to deliver any significant capital appreciation from current prices unless you bought at discounts during the capital exercise.

moneymanager:
But guyz, for most of the investors in those banks, they’ve already gotten over 20% from stock price appreciation.
Which dividends are you guyz looking for again.

Redoil:
i want to change my stock broking account to my company name what are the merit and demerit of doing it

Personal income tax rate: 20%(max) thereabouts on profits.

Business tax rate is more than 30% (including levies)
It's an anomaly that is holding people from formalizing and using businesses to own assets.
Tinubu asked the guys in national assembly to reduce it to 25% in the tax reforms, they rejected it. Funny enough, Governor Sule of Nassarawa who used to be MD at Dangote Sugar was the one who spear-headed the rejection. Such an irony that a former private sector player doesn't see the necessity.

Agbalowomeri:
My brother I dropped out from grammar school .

You wey hold masters or doctorate (I don forget which one)

moneymanager:
But guyz, for most of the investors in those banks, they’ve already gotten over 20% from stock price appreciation.
Which dividends are you guyz looking for again.

Dividends must surely be paid by the biggest banks because it will benefit the biggest shareholders like Jim Ovia and Tony Elumelu.

Jim Ovia has 5 billion shares of Zenith Bank.So paying regular dividends is the best legal means he can benefit from his investment.

https://www.facebook.com/photo.php?fbid=9845235422197786&id=100001342772973&set=a.328663620521728

Check the comments on this post
https://m.facebook.com/story.php?story_fbid=1251579560307247&id=100063656437591

Mehn na all sectors ooo. Is this true?

Thank you for this. The best insight so far

Written by SpringnewsNG Media Limited – June 14, 2025

The Central Bank of Nigeria (CBN) has issued a directive instructing Nigerian banks operating under regulatory forbearance to suspend all dividend and bonus payments to their foreign subsidiaries and offshore ventures

Note this: to their foreign subsidiaries and offshore ventures.

to suspend all dividend and bonus payments to their foreign subsidiaries and offshore ventures

Lol.
The video in the comment nsection is supposed to be a documentary ( so i think) of the farm and it's associated infrastructure but I only saw forest, some pigs and a green roof.

Streetinvestor2:
You see video. I even searched using AI and is telling me the inveiw has not happened. That it will happen today 15 June.
Me and the AI remain to fight as I told it is not up to date that the video dey twitter.The thing come dey warn me join..lol

With this new rule seun will not allow me to just shine my teeth in peace

GeeKudi:
Lol.
The video in the comment nsection is supposed to be a documentary ( so i think) of the farm and it's associated infrastructure but I only saw forest, some pigs and a green roof.

The space is about kicking off. 5pm Nigerian time. You can use this link to join.

https://x.com/i/spaces/1ypJdZODmqpKW

GeeKudi:
Are you sure you posted the right link? The video in the comment section of the X post isn't showing anything worthy of note. Maybe you didn't post the correct link you intended?

The space starts at 5pm wat. Should you have any questions, please feel free to share.

https://x.com/i/spaces/1ypJdZODmqpKW


[quote author=Pennystockwarri post=135751629]An update on Ellah lake operations with pictures and a video.

https://x.com/bivins1/status/1933967814295249405?t=Dut5nOU4VDMHEJEZLzkoHQ&s=19[/quote]

Early in the month of June 2025, I made a post on the allure of dividends. My opinion on the new directive that restricts the major banks from paying dividends by the CBN is tantamount to a dividend war, the sibling of a trade war. As a self-investor, I would not touch my holdings in the banks; rather, I would deploy opportunity funds and top up. I would advise fellow self-investors not to panic sell, as they may not successfully time the market. Time in the market beats timing the market. The banks have emerged stronger despite forfeiting their forex gains to the government of Nigeria. I believe the CBN has taken this no-dividend policy to fight inflation.

Mankind2024:
The Dividend Allure: Nigeria's Banking Sector.
Nigeria's banking sector has seen a surge in dividend payments in recent years, with Access Bank, UBA, Stanbic IBTC, GTCO, and Zenith Bank leading the charge. While dividend payments can be an attractive feature for income-seeking investors, it's essential to look beyond the yield and understand the underlying fundamentals.

https://furtherafrica.com/2025/05/20/africas-most-profitable-banks-in-2024-south-african-lenders-lead-the-pack/

The Dividend Race:
In the 2024 financial year, these banks declared significant final dividends:
-Access Bank: N2.05k
- UBA: N3.00
- GTCO: N7.03
- Zenith Bank: N4.00
-Stanbic IBTC:N3.00
While these dividend payments may seem attractive, investors should be cautious of the following:
Sustainability: Can the banks maintain these dividend payments in the face of economic challenges or regulatory changes? We all can remember how the FGN curtailed the forex gains of banks.
Growth prospects: Are the banks prioritising dividend payments over investing in growth initiatives? Nope, they are very resilient.
Valuation: Are the stocks overvalued due to the high dividend yield, making them potentially vulnerable to correction? Nope, they are rather undervalued considering the inflation that ravaged Nigeria economy.

Investor Considerations:
Before investing in these banks or any dividend-paying stock, consider the following:
1. Financial health: Evaluate the bank's financial performance, including profitability, asset quality, and capital adequacy. Yes the banks are healthy and can pass any stress test.
2. Dividend history: Assess the bank's dividend payment history and consistency. Yes, they are very consistent in the past 5 years.
3. Growth prospects:Consider the bank's growth strategy and potential for long-term value creation. Yes, the banks tick this checklist. However, I would rank Access as the best bank here.
By being aware of the potential pitfalls and taking a thoughtful approach, investors can make informed decisions and avoid getting caught up in the dividend allure.

Now that oil prices are set to...
Oil sector here we come

Mankind2024:
Early in the month of June 2025, I made a post on the allure of dividends. My opinion on the new directive that restricts the major banks from paying dividends by the CBN is tantamount to a dividend war, the sibling of a trade war. As a self-investor, I would not touch my holdings in the banks; rather, I would deploy opportunity funds and top up. I would advise fellow self-investors not to panic sell, as they may not successfully time the market. Time in the market beats timing the market. The banks have emerged stronger despite forfeiting their forex gains to the government of Nigeria. I believe the CBN has taken this no-dividend policy to fight inflation.

How sensible is it for cbn like a financial dictator to deprive investors of returns

GeeKudi:
Lol.
The video in the comment nsection is supposed to be a documentary ( so i think) of the farm and it's associated infrastructure but I only saw forest, some pigs and a green roof.

What colour of pig did you see?

Is it white,brown or black pigs?

I hope is not CBEX,MMM or CRYPTOCURRENCY pigs?

SonofElElyonRet:
How sensible is it for cbn like a financial dictator to deprive investors of returns

I believe CBN staff want to accumulate the shares of these banks

So,this might be their best strategy to get it at a discount by causing a drop in price of the shares of these banks.

SonofElElyonRet:
How sensible is it for cbn like a financial dictator to deprive investors of returns

The field are now lift for the technical analyst , based on capital apprications, jijo,Cico.
Need funds to position for kills.

Redoil:
i want to change my stock broking account to my company name what are the merit and demerit of doing it

Is this like transferring all your personal shares to your company like a gift? if yes, I never got a straight forward answer from a brokerage house i reached out to ask if i can use the transfer form to complete the process (hopefully people in the house can speak more to this based on experience). I guess, the person i spoke with didn't want to be stressed on issues of sort. They just suggested do estate planning to give the right of all your personal shares to your "company or estate"... ( lazy man approach but sensible to a reasonable extent).

I would suggest open a new brokerage account in your company name and valid incoporation document. Applicable taxation to your sales of stocks is about 10% capital gain tax on 100 mill within 12 months, the lophole is to reinvest into securities within nigeria (speak with your financial person to get more info on that).

Ensure the bank account you have is not a microfinance bank, brokerage firms can be funny with you using them , not sure if that is still the case as of this time of writing (it's been a while i had experience with this).

Double check who the signatories would be for proper documentation in the future. Good luck, welcome to the LLC jungle Owo ibu -oko monica

Ellah Lake is exploring opportunities to raise capital through the capital market.
🤑👿😈😈👿

Have you considered FIC (Family Investment Corporation) ?

Redoil:
i want to change my stock broking account to my company name what are the merit and demerit of doing it

Okay it seems this is the announcement Dangote was talking about last week.

DANGOTE PETROLEUM REFINERY TO BEGIN DISTRIBUTION OF PMS AND DIESEL NATIONWIDE

...Deploys 4,000 CNG Tankers To Enhance Distribution Network Nationwide

…Offer open to Marketers, Petrol Dealers, Manufacturers, Telecoms Firms, Aviation and other large users

Dangote Petroleum Refinery is pleased to announce the commencement of a significant national initiative designed to transform Nigeria’s fuel distribution landscape. Effective 15th of August 2025, the Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.

To ensure smooth take-off of this scheme, Dangote Refinery has invested in the procurement of 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers. This phase of the programme will continue over an extended timeframe. The refinery is also investing in Compressed Natural Gas (CNG) stations, commonly referred to as daughter booster stations, supported by a fleet of over 100 CNG tankers across the country to ensure seamless product distribution.

This strategic programme is part of our broader commitment to eliminating logistics costs, enhancing energy efficiency, promoting sustainability and supporting Nigeria’s economic development. It affirms our dedication to improving the availability and affordability of fuel, in support of broader efforts to strengthen the economy and improve the well-being of all Nigerians.

Under this initiative, all petrol stations purchasing PMS and diesel from the Dangote Petroleum Refinery will benefit from this enhanced logistics support. Key sectors such as manufacturing, telecommunications, and others will also gain from this transformative initiative, as reduced fuel costs will contribute to lower production costs, reduced inflation, and foster economic growth. Players in these key sectors and others can purchase directly from the Dangote Petroleum Refinery.

In addition, the refinery will offer a credit facility to those purchasing a minimum of 500,000 litres—allowing them to obtain an additional 500,000 litres on credit for two weeks, under bank guarantee.

This pioneering effort marks a major milestone in our vision to revolutionise Nigeria’s energy sector. Dangote Refinery is dedicated to ensuring that no place is left behind. Our goal is to provide equitable access to affordable fuel for all Nigerians, regardless of location, making energy more accessible and sustainable for everyone, wherever they may be.

It is expected to revitalise previously inactive petrol stations, thereby driving job creation, stimulating small and medium-sized enterprises (SMEs), increasing government revenue, improving fuel access in rural and underserved communities, and strengthening investor confidence in Nigeria’s downstream petroleum sector.

This initiative is inline with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, reflecting our shared commitment to economic progress, stability, and inclusive development. We sincerely thank the Federal Government for its continued support, especially through the Naira-for-Crude scheme, which has helped stabilise fuel supply amid global price volatility. It marks a major revolution in the midstream and downstream sectors and stands as a key example of President Bola Tinubu’s bold and reformative economic policies.

We invite marketers, petrol dealers, manufacturers, telecom companies, and all key stakeholders to embrace this landmark initiative. The registration process, including Know Your Customer (KYC) verification, will take place from 16 June to 15 August, spanning a total of 60 days. For enquiries, please call +234 707 470 2099, +234 707 470 2100, +234 816 961 8390, +234 703 796 8308, +234 812 362 2893. Email: Email: sales.enquiry@dangote.com.

love these ideal any reading article or advice to go about these?

E ku market ooo

I throway salute to all the guru's here.

Make you give us hints for the week.

Mankind2024:
Have you considered FIC (Family Investment Corporation) ?

love these ideal any reading article or advice to go about these