₦airaland Forum

zendi:
Brent jumps.
Aradel jumps.
What will Oando do?

Agbalowomeri:
Dump

essentialone1:
DAARCOMM Plc in the mud?

ppogba:
The NGX is a big learning school.
As a participant, your own lesson will not pass you by.
I was laughing when the price was going up at a time. But, of course, some monkeys that are yet to learn must learn.

But, come to think of it , what could make the price to go up especially after the death of the promoter? Is it the massive layoff of some senior staff including Dokpesi Jnr's step mom?

Bro, there are still more like that on the NGX that the discerning will only laugh when the prices are being " pumped".

Las, las, every monkey go get sense.

Sunrisepebble:
Don’t sell your Wapco o lol

Sunrisepebble:
Don’t sell your Wapco o lol

zendi:
Brent jumps.
Aradel jumps.
What will Oando do?

Agbalowomeri:
Dump

Mpeace:
I just read a review of Access bank Q2 result on Facebook. How come the result no dey for corporate action page of NSE.

Agbalowomeri:
Dump

zendi:
Jump Jump Dump.

Hmm, make Oando Director, Mike Appollo log on.
You go see wetin you dey find.
Wey you dey use his investment write bad poem.
No run o.

PETERiCHY:
TIME will COME when JAPAULGOLD will HIT 🎯 #15..

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* octopus 🐙🦑

mikeapollo:
Lol
Zendi our Oando CEO!
We the small Oandoites no get mouth; we just dey watch dem make jest of us.

PETERiCHY:
Over #1 Billion naira worth of trade done on JAPAULGOLD this morning.

BARGAIN HUNTERS TAKE NOTE!

Locotrader:
With what has happened this morning,expect a corporate announcement from Japaul with Q3 result towards this month end.

There is a renewed optimism.It can only be positive things

Ginalex:
Wapco, Aradel and Nascon people, na una dey reign o

Agbalowomeri:
Na like this you wan follow JAPAUL enter 1.5?

EDUECO:
ACCESSCORP will deliver value for the intelligent investors in the next 2 Quarters and beyond.

ositadima1:
No, I don’t think so. Lithium isn’t the only viable substance for making batteries. We have sodium in abundance, and scientists are working to use it as a replacement for lithium, they’re not there yet, but they’re close. There are also other elements and technologies being developed that could serve the same purpose.

I don’t know how old you are, but let me give you a few historical examples. Kodak, in the 1980s and early 1990s, was what Samsung or Apple is today, a market leader in photography, especially in film. When digital photography was being researched and tested, Kodak dismissed it, believing it would never work. They ignored diversification and failed to invest in the new technology. Eventually, the Kodak empire was destroyed by digital cameras and the rise of digital images.

There are many other examples like that, Blockbuster vs. Netflix, Nokia/BlackBerry vs. Android. Even the small devices we hold in our hands today, which we call phones, were once unimaginable. Computers in the 1970s were so large that only institutions could afford them. Today, each of us carries a mobile computer. Change is constant.

mikeapollo:
Very true and apt.
But I dont see anything replacing aviation fuel in our lifetime.
Aircraft using batteries? Mbano! I no go board such plane lailai !

Locotrader:
Time is near.
Over 400m units of Japaul traded this early morning.
Xmas ram is not negotiable

Itzlinda:
You’re right that change is constant, but transition speed varies depending on infrastructure and global equity.

Unlike phone or AI that transition happen very fast, switching to EV cars require huge physical investment in infrastructure--power grids, roads raw material etc.

So if developed countries have such resources in abundance, developing countries are far behind and don't have capital to support EV infrastructure overnight. Nigeria is still producing less than 5000MW with incessant national grid collapse.
I don't think Petroleum cars will die. But the usage will shrink in developed countries while it lingers in developing countries for a very long time.

Alhaji would not have built 25bn refinery with that existential threat.

ositadima1:
Ok, I think batteries are the biggest challenge. Apart from the vehicles themselves, you don’t really need much infrastructure, especially in countries like Nigeria that don’t already have extensive systems in place. Many homes today run entirely on solar power. Yes, it’s expensive, but that cost mostly comes from the batteries. Imagine if batteries became dirt cheap, I’d bet that more than half of Nigeria would be powered by solar energy.

Currently, most EVs run about 300 to 400 miles on a single charge. With cheap and fast-charging batteries, your only limitation would be the number of solar panels you can connect. By my calculation, one full day of solar charging could give you over a week of city commuting. If you charge intermittently, you could practically drive for free. I’ve read about battery swap systems, like how we used to exchange gas cylinders, so you could travel from town A to B, swap your battery, and continue your journey.

Businesses that charge batteries with solar will spring up everywhere, trust our entrepreneurial spirit. I’m telling you, the only real issue is the cost and capacity of these batteries, and once those improve, we’re good to go.

Regarding Dangote Refinery, nobody sees it all, not even me or you. Technological shifts often happen suddenly and unpredictably. A few years ago, no one could have predicted AI would advance this far this fast. I’m not arguing to win; I’m just saying it’s very likely that when the technology breaks out, developing countries might actually be the ones to adopt it fastest. It all comes down to economics, people will always choose the cheaper alternative over patriotism or sentiment.