₦airaland Forum

Morgan people no dey sleep ni?

megawealth01:
OGG my g... He is a good man... This platform will soon chase all the good hearted people away las las

They have succeeded already.

yMcy56:
Sboga, is this DAARCOMM?

Meanwhile, the O&G upstream are making efforts to move up....
Seplat, Aradel, Oando
What could have been the barrier?
Just talking out loud.....

The new oil trade between Nigeria and India 🇮🇳

emmanuelewumi:
Don't invest, don't keep your money in the bank, keep your money at home

Or convert to stable coins

Lofty1000:
Saddest news of the week

Bro I cried all through last night. Such a gentle soul. All he ever wanted to do was to debate

IYGEAL:
Or convert to stable coins

If naira appreciates substantially then you lose value

SonofElElyonRet:
If naira appreciates substantially then you lose value

Better question is:
will Naira appreciate substantially during a violent riot or protest? that's the main context.

stable coin is a good option as well.

Agbalowomeri:
Na those wey dollar wahala dealth with go relate. Who no go no know

The people who whr buying it at 700 plus and sending across for what ever reason still prefer it to this easy card of 1500 plus.
So they go and they know

SonofElElyonRet:
If naira appreciates substantially then you lose value

What is the probability of that happening?

Besides, thinking about it, I can take a small loss in value than what can potentially happen to the money if left in the bank in such an unpredictable state of affairs.

I do genuinely hope Nepal and the Gen Z protesters get things right. If not, it's not unusual for things to quickly spiral out of place.

chimex38:
Better question is:
will Naira appreciate substantially during a violent riot or protest? that's the main context.

stable coin is a good option as well.

Was naira stable during the civil war or not.
If na for wahala. It will definitely happen in 2027 but it won't make me do anything to my investment on ngx.Infact I wl use the opportunity to buy some sound stocks I missed..lol

Streetinvestor2:
Was naira stable during the civil war or not.

A very different world than now.

GeneralDae:
A very different world than now.

.
How .Let me get ur angle

Going for the jugular:

Tax Identification will become a requirement to operate a bank account from January, including to transact on NGX.

SonofElElyonRet:
If naira appreciates substantially then you lose value

JAGABANomics is looking for reelection so expect the naira to gain some strength. Baba no wan take chances.

Naira will be strengthened by all MEANS

emmanuelewumi:
MTN bought VGC Telecoms for $70 million in 2006.

Yet VGC Telecoms was not the biggest player in that sector.

Other players were approached but they preferred to hold on to their businesses.


I will rather own 1% of a big and quality company, than owning 100% of a struggling and mediocre company

Na wa , 9.6 billion was 70m $ 19 years ago

It’s now just 6m $ , we move

emmanuelewumi:
MTN bought VGC Telecoms for $70 million in 2006.

Yet VGC Telecoms was not the biggest player in that sector.

Other players were approached but they preferred to hold on to their businesses.


I will rather own 1% of a big and quality company, than owning 100% of a struggling and mediocre company

I remember this news that year

Joyful365:
Aradel surges in early morning trading.

Highest volume and value ever traded on NGX since 2024 has just been recorded by Aradel - 41 million+ units at around ₦525 per share

Current price - 530
Previous close - 511

Make una ENJOY

https://www.youtube.com/watch?v=wxWS4QtRi8w

A few stocks i will be watching closely in today's trading session.

Streetinvestor2:
.
How .Let me get ur angle

We had a much smaller market and not so much foreign portfolio investors that could easily pull out from holding naira bonds. Civil wars in Africa at the time were more or less the norm than the exception. The world is now more of a global village than it was in 1967.
In light of the above, a civil war then would have hardly had any effect on the naira than a crisis in a small country like Gambia would depreciate their currency today.

chimex38:
Better question is:
will Naira appreciate substantially during a violent riot or protest? that's the main context.

stable coin is a good option as well.

No violent riot that won't be put down in Nigeria. This ain't Nepal.

SonofElElyonRet:
No violent riot that won't be put down in Nigeria. This ain't Nepal.

I think so too

Those ruling NAIJA are extremely brutal

When is CBN going to release the Banks results?

Is CBN going to do MPC without releasing the Banks result?

rmx:
Na wa , 9.6 billion was 70m $ 19 years ago

It’s now just 6m $ , we move

What is the current value of MTN, which had a start up capital of about $300 million?

SonofElElyonRet:
No violent riot that won't be put down in Nigeria. This ain't Nepal.

OK.
Nevertheless, naira won't appreciate whatever events that can shut down NGX. That's the context.
stable coin still a good option.

chimex38:
OK.
Nevertheless, naira won't appreciate whatever events that can shut down NGX. That's the context.
stable coin still a good option.

Which currency is stable? $,€,£

They are called currency for a reason. They all make movements

Rori:
For seasoned investors in the house looking at what is going on in Nepal, how can one avoid loosing wealth gained via investing in equities when a country decends into anarchy just like we are seeing in Nepal

That is where people like agba will most likely excel.
Sell off the equity holdings and wait for another opportune time to buy back.
That in itself has its own risk.

DING!!!

DING!!!

Streetinvestor2:
Was naira stable during the civil war or not.
If na for wahala. It will definitely happen in 2027 but it won't make me do anything to my investment on ngx.Infact I wl use the opportunity to buy some sound stocks I missed..lol

Naira was relatively stable. It even appreciated few years after
( Probably due to Oil discovery).
True. of course. If NGX isn't shut down.
There will be massive sell-off.
The strong will buy the dip like during COVID.

megawealth01:
Which currency is stable? $,€,£

They are called currency for a reason. They all make movements

OK. True. maybe the word to use is volatile rather than stable.

chimex38:
OK. True. maybe the word to use is volatile rather than stable.

I understand what you mean sha. You can't compare the thrio with naira