₦airaland Forum

Odunharry:
Reserve now at $43B

megawealth01:
I just hope they transform it like WEMA and I'm cool

mikeapollo:
They will. I think Providus Bank is really coming up very strong and would do very well.

megawealth01:
PZ no get joy oooooo

Seems this bull go move us to $60+ straight

KarlTom:
It should hover around ₦40 for some time

Heishere:
It will still climb back afterwards. All the borrowings are not used to solve the root cause so the appreciation seems temporary. My concern is those that invest in US stocks, will they be affected by the new tax rule given that they are also required to pay tax in US?

megawealth01:
PZ no get joy oooooo

Seems this bull go move us to $60+ straight

SonofElElyonRet:
Are you too lazy to Google? Or just too proud to accept you were wrong

Monibabakan:
The kpakus that you marketed

Agbalowomeri:
I am with you boss
Let's go there

KarlTom:
I don't think PZ was ever bashed here. Or is the bolded now referring to stocks that suddenly experience a rally?

PS: PZ was one of the very few stocks I recommended for the year...

chimex38:
https://www.thisdaylive.com/2025/10/03/capital-market-operators-seek-review-of-proposed-30-capital-gains-tax-to-25/

Mukuru added, “The chairman recently recognised that it looks ‘unfair’ to use the purchase price at the time of acquisition as the reference cost, even if the shares were bought several years ago.

“If you recognise that this is unfair, particularly for investors who bought the shares over the past 10 years, then why not offer an exemption period and start all of this on the implementation date
(1 January 2026)?"

megawealth01:
Make the thing positively affect the masses on the street ooooo

Streetinvestor2:
I don't understand I thought it was 25% max which is 30% I am reading again

awesomeJ:
Maybe you're accurate in some of the data.

What I remember is that OBJ left reserves at $60bn when he left, so if you say in 2008 we had reserves above $50bn you might be right.

But where you're wrong is the trajectory I talked about

If we had $43bn before in that period you mentioned, the trajectory was that it had been falling from $60bn, hit $43bn and even fell lower by 2015.

Then shale oil from the US messed up things much more.


Now, this $43bn is from an exact opposite trajectory.

It's one that has come from $32bn just 2 years ago and might hit $50bn in a not so distant future.

So that's the difference.

Then about Dangote refinery, true they're trying to sabotage it, but they'll keep failing.

I expect that we'll soon buy fuel at #750.

Heishere:
You omitted the catalyst in your trajectory analysis. The reserve was falling because oil price and production volume was falling. You are touting higher reserve now because oil price has been relatively stable. The reserve will crash if oil price crashes until it is decoupled from oil, which by the way a substantial amount was pledged for a loan that we did not get value for. I am not seeing any strategic investment from the current government to keep the naira afloat.

Heishere:
You omitted the catalyst in your trajectory analysis. The reserve was falling because oil price and production volume was falling. You are touting higher reserve now because oil price has been relatively stable. The reserve will crash if oil price crashes until it is decoupled from oil, which by the way a substantial amount was pledged for a loan that we did not get value for. I am not seeing any strategic investment from the current government to keep the naira afloat.

awesomeJ:
It already does.
I bought Pulpy for 1250 - 1450 last year,
Today it's 800.

I take about 30 bottles a month, that's already a savings of almost 20k per month for me.

Same with malt.
From 630 to now 500.

And lots of other items as well.

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

crownprince2017:
Both pessimists and optimists brings joy to the market.

Each person should tailor his/her investments based on outlooks.

Streetinvestor2:
Alhaji about to give them the final knock out.If he succeed in bringing 10,000 trucks. Those NUPENG drivers will see nothing to carry. The drivers go begin drop thr trucks and move over to Alhaji side. Fuel stations guys will prefer to buy cheaper and free delivery fuel to thr stations.
It is finished for them.Imagine if Alhaji uses MRS as proxy to acquire like total stations...lol