₦airaland Forum

MeezPat:
Who has gotten UPDCREIT dividend pls

chimex38:
Also, companies comes to the market to seek capital, through IPO or Right issue. internally, what happens is they convert some of their assets(previously unconverted) to shares. This passes through regulations and SEC before approval to avoid issuing more than what you have or ambiguous/undefined/leased assets, etc

For example,lets say company A bought a new asset at ₦70,000 current valuation and wants to issue it at shares to the public(PO) at ₦30 per share, it will be converted at its nominal value. That is:
₦70,000/₦0.50k= 140000 so 140,000 shares will be issued.

That is also why the ₦0.50k is always stated to show at what price it's assets were converted to shares..


But nevertheless such shares will be purchase at its Real Value;(
selling price at the NGX or listed price if its public Offer(PO) or Right offer price(RO)).
In this example case, OS purchased @ ₦30(Real Value)

Also, if you go to the equity section of any financial statement,
Share capital is made up of OS X nominal Value
(OS X ₦0.50k).
It makes sense because this is the actual amount the assets were divided to issue the shares in the first place
(as shown above).

Share Premium
on the other hand is now
(Real price -Nominal price) X OS
For the given example above, share premium= (₦30-₦0.50) X 140,000= ₦29.5 X 140,000 OS =₦4,130000

Both addition of share Premium and share capital make up the equity Capital of a company.

Most people will tell you forget that nominal price(₦0.50k) as a common shareholder or investor but focus on the real price("₦30" ) as the case may be which is understandable as you may not need it in your money making venture. Usually rests with the company management and their accountants.
But you seem curious.
few others might benefit.


https://en.m.wikipedia.org/wiki/Real_and_nominal_value

Fred2020:
The Nigerian Exchange Limited (NGX) has suspended, effective September 1, 2025, the trading of shares in three insurance companies: Regency Alliance Insurance Plc, International Energy Insurance Plc, and Universal Insurance Plc.

Care4:
Is there any rule tying publicly listed companies to the 50 kobo nominal value? When will the NGX moved to ₦1 or so considering the economy?

debostar:
Please anyone been able to register successfully on Self-service | NIBSS Document Management Hub Portal

orriyomi33:
"A total of 442 shareholders approved C & I Leasing Plc’s final dividend of 10 kobo per 50 kobo share at the company’s 34th Annual General Meeting (AGM) held on Monday, 8th September 2025."

https://nairametrics.com/2025/09/08/c-i-leasing-shareholders-approve-10-kobo-dividend-investment-plans/

kintus:
Is this different from what was announced during qualification date?

They should bring news that would move the price up pls.

SonofElElyonRet:

EDUECO siamese
Na so Otuocha say Ellah crash don dey happen but the price don recover. You wan talk say you dey "see' pass Oando prophet abi? When fabulous news hits the market you'll see what'll happen. Sell offs won't stop Ellah

kintus:
JAPAULGOLD
CILEASING
Lasaco
AIICO

Make September a memorable month for your investors.

Iseeee. What's your propose entry prices and target prices for these reasons and your strong reasons?

kintus:
Is this different from what was announced during qualification date?

They should bring news that would move the price up pls.

SonofElElyonRet:
Didirin
long epistle of gibberish which eventually ended with the ludicrous bolded
All your assumptions and prognosis won't happen. Same trash was spewed by your seniors to no avail

Care4:
Is there any rule tying publicly listed companies to the 50 kobo nominal value? When will the NGX moved to ₦1 or so considering the economy?

Frangel:
There is no rule tying publicly listed companies to 50 kobo nominal value. Most listed companies' share capital have 50kobo nominal values. However, some have N2.00 nominal value (AxaMansard) and 20kobo (or 2kobo?) for MTN and InterBrew.

See share capital nominal values as currency denominations used in an economy.

nosa2:
There is a lot of dumb stolen money in Nigeria oh. Don't assume just because you see a big trade that the trader has sense

Redoil:
i remember somebody buying 7 million units oando at N65

orriyomi33:
This was part of the article.


"Beyond the dividend declaration, shareholders also approved a proposal for C & I Leasing to invest in the Ghanaian firm Leasafric Logistics Ltd."

Acquisition approval
C & I Leasing shareholders have approved the company’s plan to acquire a 71.15% stake in the Ghanaian company, Leasafric Logistics Ltd.

Care4:
Is there any rule tying publicly listed companies to the 50 kobo nominal value? When will the NGX moved to ₦1 or so considering the economy?

Melcapital:
The bolded is not nice.

SAK:
The" OANDO prophet" is quite on OANDO shares these days,it has been a long period of silence? Abi,no signal again,?

Redoil:
i remember somebody buying 7 million units oando at N65

nosa2:
There is a lot of dumb stolen money in Nigeria oh. Don't assume just because you see a big trade that the trader has sense

Smartguyboy:
Please can someone tell me how dividend is being calculate in Nigeria stock market please.

crownprince2017:
You follow they badmouth ellahlakes but you buy c&I doing fx related business but charging in naira, small time now, una go say una they protect newbies when una never protect una self.

megawealth01:
Is C and I paying the dividends earlier than expected just as they did the AGM earlier?