₦airaland Forum

Agbalowomeri:
Who go enforce am? You can't force me to insure my property. It doesn't work that way. There are so many laws in Naija but how many of them are enforced? Meanwhile all these monies na still inside voicemail e go enter abi leopard fit change skin overnight

Mpeace:
Lol. I don't think we understand the possible impact of the new insurance Act. Insurance companies are in money.

One provision I saw that convinced me on their prospects is the provision for compulsory insurance of buildings.

Every landlord must insure his building yearly.
Penalty is N1million or 12months imprisonment.

NAICOM is empowered to inspect and seal buildings not insured. (Rent go soon increase)

There are many other provisions and mandatory insurance of items that you cannot imagine.
But this property insurance is the real deal.
Every property in Nigeria. Na wa


Agba na because of you I enter Aiico and it has given good short term returns. If not for this your comment Na you I dey consider to give my 10% commission but I don't change my mind.

KarlTom:
H1
https://doclib.ngxgroup.com/Financial_NewsDocs/44877_PRESTIGE_ASSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

megawealth01:
S9 Oando don become KITCHEN...

CHAI see wetin Wale dey cause

Streetinvestor2:
ok.Pls was it from this links u got it.
I can't access my own

kintus:
Key Highlights from Q2 2025

Gross Premium Written (GPW): ₦10.2bn (↑ 12% YoY from ₦9.1bn in Q2 2024)
Profit Before Tax (PBT): ₦1.55bn (↑ 28% YoY from ₦1.21bn)
Profit After Tax (PAT): ₦1.29bn (↑ 28% YoY from ₦1.01bn)
Earnings Per Share (EPS): ₦0.10 (vs ₦0.08 in Q2 2024)
Investment Income: ₦1.49bn (↑ 30% YoY from ₦1.15bn)
Shareholders’ Fund: ₦23.8bn (↑ 5% YoY)
Total Assets: ₦34.3bn (↑ 7% YoY)

chimex38:
Again I have been thinking:
If residential houses(owned and lived in by the owner/relations) and are not included as public buildings going by this definition of what constitute a public building.

If a landlord is to insure his building, just to bypass this compulsory insurance, the landlord could collude with his/her tenants to claim they are living there for free.(no payment or transaction).
More like a relative or Charity residence/philanthropy.

Ginalex:
Are you sure it's the same result you're analyzing?😕😕

EDUECO:
I call Dividend Stock Investment the 'Invincible Real Estate' !

BabsO2:
Each year, Oando usually anchors the Chairman’s statement and front-page message around a theme phrase (e.g., in 2018 it was “Unrelenting Drive”, in 2020 it was “Resilience through the Storm”).

Current theme should be share distribution is here

And the next one “Enjoy turnaround cash dividends”

idealtailor:
Please I need explanation on this.

I placed a trade to buy stock but it was declined because I would exceed my margin limit.

What is the meaning of this?
How do I go about it?

Pesuzok:
But Oando wasn't operating the assets, they had to rely on agip, of which might not be managing it efficiently. Now Oando is in full control, let's see what they can make out of it.

emmanuelewumi:
If you invest in solid dividend growth companies, the dividend grows faster than inflation and rent increase

1 million units of Nahco paid a dividend of N2.9 , million last year, same 1 million unit paid a dividend of over N5 million this year

chimex38:
I will personally report your moniker to Wale
You no go receive tranche 2..😂😂

megawealth01:
DANGOTE will answer whenever he comes online Sir

KarlTom:
A NEW DAWN

BabsO2:
A new dawn of benefits to shareholders

BabsO2:
If he sees it he will give me jara in Tranche 2. Perhaps double it for me for the good PR

BabsO2:
If he sees it he will give me jara in Tranche 2. Perhaps double it for me for the good PR

BabsO2:
Ellah will join steady dividends paying stock like PRESCO & Okomu in a year or two.

BabsO2:
Ellah will join steady dividends paying stock like PRESCO & Okomu in a year or two.

chimex38:
Ahhh!!
In as much I want to say Amen,
Those guyz go collect their forfeited salaries and allowances for donkey yrs and pay off preferred shares and other debts if any.

A year from now will be a Miracle..
2 yrs....Maybe

BabsO2:
Ellah will join steady dividends paying stock like PRESCO & Okomu in a year or two.

SonofElElyonRet:
Then EDUECO will eat his vomit

megawealth01:
Today's Top Volume Trades

Mpeace:
Lol. It would be difficult to escape. Na the same tenant go burst landlord belle. Better insure and collect from rent. The effect is on the tenant at the end of the day.

handsomebolanle:
Access Bank volume no Dey finish

EDUECO:
It should be 7 to 10 years if the management is honest.