₦airaland Forum

Streetinvestor2:
How do dey even do the calculations for the ASI.
I think wayo dey the thing. How can few positive movement in big stock be dragging it up any how

Mpeace:
It seems those first bank shares might end up in Ote$ hand. It's said to be with FG's trustee and a decision will be made in 2-3weeks as to where it will end up.

megawealth01:
Pastor, I'm always open to sharing my wealth of knowledge via that email I gave to you and aunty Mercy

Raider76:
Kai. You are too far behind in the news. This new line of rumor mill was already denied by the bank itself.

Raider76:
I don't think they will go through all the trouble of taking the bank from the hands of the Otudekos just to now give it to shaky hands. They said RC is aligned with Renaissance Capital. They also said Renaissance is big in GTCO. I think that should point to a good future FBN.

megawealth01:
MENTORSHIP makes the work easier...🙌🏻 The f!ght is against poverty...

I strongly believe that starting early as a younger person will help you maximize your FINANCIAL POTENTIALS earlier than expected... So be intentional whenever you read my posts... Be real, be objective, avoid bullies, invest alot to KNOW, be humble but SMART!

It's a beautiful new week. The sky is 💚

Streetinvestor2:
I am surprised the government is defending the naira still.
I was thanking the stability was result of removal of fuel subsidy and alhaji refinery.
I really don't understand again oh on the defending of naira after this major achievement. What is the government not telling us.

OoDeeA:
If wale releases his bonus shares, what will likely be the effect in the market?

KarlTom:
Ding

megawealth01:
Congratulations if you got into PZ at sub 30 and 35 respectfully. The sky is 💚

megawealth01:
Congratulations if you got into PZ at sub 30 and 35 respectfully. The sky is 💚

Mpeace:
Can it do 50% in the next 3months?
And I think the next result result is like September.

megawealth01:
If you bought at sub 30 then you are close to 50%

Mpeace:
Can it do 50% in the next 3months?
And I think the next result result is like September.

Locotrader:
Ellah and Japaul N20 and N7 not negotiable.
Enjoy a a new high in this week.

Cileasing and Royalex must respond to 💚🍏 land.

The land is 💚🍏 green

GeneralDae:
It is the job of central banks all over the world to maintain price stability by injecting FX into the FX market. That doesn’t mean they are defending the naira (quote on quote).
They sell and buy in the FX market to maintain stability rather than determining the price of the official market.

For instance, when Emiefele sold dollars into the market in 2022, he sold at a range of 400/450 which was way different from what the open market was willing to sell due to scarcity. Open market price was 750.

This was a drain on Banks and FG because they were not getting the needed revenue they should have been getting based on the open market rates of 750 which majority of importers were using at the time anyway.

When Cardoso sells currently, he sells at market rates of 1500 to ensure there is liquidity in the market irrespective of the price/rate and then allow the market determine the price based on the liquidity in the market. The CBN also gets the full value of the rates in naira at 1500 which doesn’t shortchange the CBN and the FG (no subsidy).

sterlingD:
Oando in the building

https://doclib.ngxgroup.com/Financial_NewsDocs/44547_OANDO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_JULY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44548_OANDO_PLC-_NOTICES_OF_EXTRA-ORDINARY_GENERAL_MEETING_(EGM)_-__EXTRA-ORDINARY_GENERAL_MEETING_(EGM)_JULY_2025.pdf

Culled from https://ngxgroup.com/exchange/data/company-profile/?symbol=OANDO&directory=companydirectory

otokx:
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sterlingD:
Go to the link below check the two attachments dated 21st July 2025 in corporate disclosure section

https://ngxgroup.com/exchange/data/company-profile/?symbol=OANDO&directory=companydirectory

toyeoye:
🚧 Heads up!
We’re currently experiencing a data fetch issue from the NGX server. The NGX team is aware and working on a fix.

Thanks for your patience... we’ll be back to real-time updates shortly!
~ Team StockBubbles

otokx:
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