₦airaland Forum

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SpaceX:
Good morning folks, sorry I didn't get back to you guys yesterday, please pardon me I'm on some island chilling with my family and I have been occupy with activities.


I have a surprise for everyone and I mean everyone please stay tune. Thank you...

KarlTom:
We believe many things.
I believe I can fly...

Savage

pafra:
.
How about bamboo, any disadvantages in using it?

use chapell hill denham security you will never regret it

Cyprian213:
Pls guys, as someone who don't know anything about stock market but i want to start by buying stock worth #10000, what do i do? Do i go to the bank and tell them i want to buy stock? pls help me

The good place to start is making research and learning what stock is. There is YouTube and there are currently Instagram accounts that teaches about stock investments. That's a good place to start. Learn before you earn. There are also apps that you can use to invest like Bamboo, troves etc. Meanwhile, web3 trading exchanges like Bitget that is now universal exchange that trades crypto and Stocks are good place to buy tokenized stocks. I look forward to a time when they will also list Nigerian stocks. For now, I'll stick with trading U.S stocks listed on Bitget and participating in their ongoing events to trade stocks and earn rewards.

https://www.youtube.com/watch?v=-RkX14Zrwpg

How the FUGAZ performed in H1 2025

For those who prefer audio

https://open.spotify.com/episode/0aNxXDcmdBQHJeeRg0QpNp

KarlTom:
You go explain tire, no evidence

I was about typing this

Agbalowomeri:
Dem don woundjure investor while the jijo geng keep minting money

Hope no be trouble I dey find

Agba get bad mouth aswear..lolz

Agbalowomeri:
So you don't know that CBN has forced them not to pay any interim dividend? One day, cars will run on water

l know say you no like Oandites. I go report you again to Oga Mike.
You never think good of us.
Cars go run on water!
Bad Belle no go kee you.

zendi:
l know say you no like Oandites. I go report you again to Oga Mike.
You never think good of us.
Cars go run on water!
Bad Belle no go kee you.

Lol
Please be careful of that man Agbalowoneri ooo. He is very strong and powerful! He can collect whatever you have (including your stocks) within a twinkle of an eye. Me I no dey oo.
I can only give his name to our "prophet" so that he can take it to the mountain for prayer and vision about how to handle him.

buy the rumors and sell the news.

leo1234:
Like I said earlier, the music is just starting.

Mpeace, hold your Aradel very tight.

Another seplat in the making.

kintus:
buy the rumors and sell the news.

On NSE, you just can't wait for the rumours, they now sell the rumours. News is for newbies.

mikeapollo:
Lol
Please be careful of that man Agbalowoneri ooo. He is very strong and powerful! He can collect whatever you have (including your stocks) within a twinkle of an eye. Me I no dey oo.
I can only give his name to our "prophet" so that he can take it to the mountain for prayer and vision about how to handle him.

E wan kill our fossil biz.
Alhaji Refinery too.
We go join hand wit Alhaji deal wit am b4 'im find way to fuel car wit water.

NIGERIAN EXCHANGE LIMITED (NGX) WEEKLY MARKET REVIEW AND SECTOR ANALYSIS

Report Date: October 25, 2025
Period Under Review:Week Ending 24 October 2025
Classification:Market Strategy

**EXECUTIVE SUMMARY**

The Nigerian Exchange Limited gained 4.48 percent for the week ending 24 October 2025, with the All-Share Index closing at 155,645.05 points. Market capitalization stood at 98.79 trillion Naira, representing an increase of 4.25 trillion Naira from the prior week. Key highlights for the week include a total trading volume of 3.70 billion shares, a total trading value of 129.89 billion Naira, and 148,077 deals executed. Market breadth was negative with 44 advancers versus 49 decliners.

MARKET PERFORMANCE SNAPSHOT

Metric Current Week Percent Change
ASI (points) 155,645.05 +4.48%
Market Cap (₦ trillion) 98.79 +4.47%
Volume (billion shares) 3.70 +52.57%
Value (₦ billion) 129.89 +69.65%
Deals 148,077 +16.99%

**SECTORAL PERFORMANCE ANALYSIS**

Rank Index Value Percent Change
1 Ind Gds 6,017.23 +10.61%
2 Lotus II 13,819.80 +9.52%
3 Oil/Gas 2,904.21 +9.13%
4 Premium 15,882.81 +6.21%
5 NGX 30 5,692.66 4.66%
6 Cons Gds 3,633.37 +3.94%
7 Pension 7,095.62 +2.88%
8 Ins. 1,275.41 -1.10%
9 Bank 1,497.95 -1.35%

Best Performing Sector: Industrial Goods
Primary Drivers:The sector was driven by strong gains in cement stocks amid a continued government and private sector infrastructure push and improving cost efficiencies.
Notable Institutional Activity:Significant activity was observed in Dangote Cement and BUA Cement.
Technical Outlook:The sector outlook is bullish with a Relative Strength Index reading of 68 and its upward price channel remaining intact.

Worst Performing Sector: Banking
Headwinds:The sector faced profit-taking pressures following recent price highs and is contending with rising funding costs.
Sell Pressure Concentrated In:Stanbic IBTC Holdings.
Technical Outlook:The sector outlook is bearish with a negative Moving Average Convergence Divergence crossover.

**BEST PERFORMING SUB-SECTOR – STOCK RECOMMENDATIONS**
Xxxxxxxxx

MARKET BREADTH ANALYSIS
Week Prior Week %Change
Gainers 44 52 -15.38%
Decliners 49 41 19.51%
Unchanged 53 53 0.00%
Breadth Ratio 0.90 1.27 -29.13%

Interpretation: Market breadth weakened this week with more decliners than advancers, signaling a degree of caution amid profit-taking activities. Despite the overall index gains, which were supported by volume, this was largely due to rotation into select sectors. Overall market sentiment remains positive, but the breadth suggests potential for near-term consolidation.

**TOP MOVERS OF THE WEEK**

TOP MOVERS OF THE WEEK
Top 5 Gainers
Ticker Close(₦) Percent Change
ASO 0.66 +32.00%
ARADEL 790.00 +25.20%
EUNISELL 57.95 +19.73%
PZCUSSONS 44.65 +14.19%
NASCON 113.90 +12.77%

Top 5 Losers
Ticker Close(₦) Percent Change
LIVINGTRUST 4.01 -10.89%
JULI 8.06 -9.94%
RTBRISCOE 3.30 -9.84%
JOHN HOLT 6.50 -9.72%
MULTIVERSE 12.55 -9.71%

Most Active Stocks by Value
Ticker Volume(M) Value(₦M)
Fidelity 1,000+ 12,000+
Japaul 500+ 8,000+
Access 300+ 7,800+

**FUNDAMENTALS CORNER – MEDIUM TERM STOCK IDEAS (3 MONTHS or above)**

Selection Criteria: Stocks were selected based on a gross margin, Return on Capital, Earnings Growth Etc (information is based on data):

Ticker Comment
XXXXXX High margin strong balance sheet XXXXXX Solid ROCE and growth momentum XXXXXX Revenue growth above 25 percent
consistent EPS gains
XXXXXX Clean fundamentals medium term value
play
XXXXXX Solid ROCE and growth momentum
XXXXXX High margin and strong balance sheet.
XXXXXX Solid return on capital employed and growth momentum.
XXXXXX Clean fundamentals representing a medium-term value play.
NESTLE Clean fundamentals medium term value play

**MACROECONOMIC AND MARKET CONTEXT**
Oil Price: Brent Crude at 65.50 United States Dollars per barrel, down 2.00 percent.
Exchange Rate Official:1,467.00 Naira to the United States Dollar, down 0.50 percent.
Exchange Rate Parallel:1,500.00 Naira to the United States Dollar, up 1.00 percent.
Inflation Rate:18.02 percent, down 210 basis points.
Central Bank of Nigeria Policy Rate:27.00 percent.
Foreign Portfolio Flow:Inflow of 978 million Naira.
Pending Legislation:Tax reform bills are currently under review by the national assembly.
Upcoming Events:Transcorp Hotels third quarter earnings release and VFD Group rights closing on November 15.

Recent Corporate News: The suspension on Aso Savings and Loans was lifted. Transcorp Hotels released its third quarter results. VFD Group rights trading was activated. Access Bank released its 30 June 2025 earnings, which were flat.

**Institutional Sentiment**: The summary view is positive on government reforms and easing inflation, with an overweight stance on industrials.

**Retail Sentiment**: The mood summary from retail traders groups indicates a bullish focus on cement and oil stocks amid expectations of dollar inflows. The mood is characterized by high optimism but low overall conviction in the broader market, with traders looking to build positions before year-end, suggesting a prolonged accumulation phase.

**STOCKS TO START WITH FOR NEXT WEEK**

Tops Stocks
XXXXXXX 85%, XXXXXXX 85%, XXXXXXX 80%, XXXXXXX 85% XXXXXXX — 85%

Speculative Stocks
XXXXXXX 80%

Full Bid Candidates
XXXXXXX — 90%
XXXXXXX — 90%

TECHNICAL ANALYSIS – NGX ALL SHARE INDEX
Current Level: 155,645.05
Primary Support:154,000.00
Secondary Support:152,000.00
Major Support:150,000.00
Immediate Resistance:156,500.00
Secondary Resistance:158,000.00
Major Resistance:160,000.00
Relative Strength Index 14-Day:68
Volume Trend:Increasing
Pattern Observed:Ascending triangle breakout.

OUTLOOK AND INVESTMENT STRATEGY

Short Term Outlook (1 to 2 Weeks): The NGX All-Share Index is poised for continued upside, testing the 158,000 resistance level, buoyed by strong performance in the industrial and oil and gas sectors. Key catalysts include positive foreign portfolio inflows and easing inflation which supports consumer spending. However, risks from global oil price volatility and potential profit-taking in the banking sector could cap gains, leading to mild consolidation around the 154,000 support level. The overall bias is bullish with a 60 percent probability of a further 2 percent appreciation.

Medium Term Outlook (1 to 3 Months): Sector rotation is expected to favor industrials and commodities, driven by government infrastructure spending , foreign exchange stability, reform etc. Earnings growth in the telecoms and cement sectors is expected to underpin the rally, though election-related uncertainties may introduce volatility.

Tactical Positioning:
Overweight Sectors:Industrial Goods, Oil and Gas.
Neutral Sectors:NGX 30, Pension.
Underweight Sectors:Consumer Goods, Insurance (let us see if earnings will rescue some of them), ASeM.


**CONCLUSION**
The Nigerian Exchange Limited delivered robust gains of 4.48 percent for the week, driven by a surge in the industrial goods sector, particularly cement leaders, on the back of infrastructure tailwinds. Medium-term positioning favors an overweight in cyclicals, with attractive opportunities identified in XXXXXXX and XXXXXXX for growth. Key risks include ongoing weakness in the banking sector and macroeconomic volatility, but overall market sentiment supports a bullish continuation.

DISCLAIMER
This report is for informational purposes only and does not constitute investment advice. The information contained herein is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed.

sboga:
see prophit before tax ..can yab u on top dis calls...well don ehh..b ready for d tax

Why did you mention me?

Agbalowomeri:
Dem don woundjure investor while the jijo geng keep minting money

Hope no be trouble I dey find

Those that called ellahlakes kpekus have ended up with kpako.

One of them hopes to sell access bank at 30 naira in order to buy Oando. All hope is not lost.

I won't be surprised if I see access bank on full bid by Monday.

emmanuelewumi:
Keep on living in denial

A case of the frog and hot water. 🔥

kintus:
buy the rumors and sell the news.

This is a case of buy the rumors and buy the news.

leo1234:
Those that called ellahlakes kpekus have ended up with kpako.

One of them hopes to sell access bank at 30 naira in order to buy Oando. All hope is not lost.

I won't be surprised if I see access bank on full bid by Monday.

Or full offer you meant ?

This Access Bank don show me shege
Na to siddon look. I suspected something was amiss when the result didn't come out on time. And this Access for now has the highest outstanding shares amongst the FUGAZ. The worst case scenario is for the price to drop to the last public offer price.

PETERiCHY:
We have said this several times times ACCESSCORP and OANDO are simply good for JIJO, Know this and know peace.


BARGAIN HUNTERS TAKE NOTE!

Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

leo1234:
Those that called ellahlakes kpekus have ended up with kpako.

One of them hopes to sell access bank at 30 naira in order to buy Oando. All hope is not lost.

I won't be surprised if I see access bank on full bid by Monday.

Make una pity SohSoh na

DJ play me the music


https://www.youtube.com/watch?v=k6eE3c70hgg?si=dZ2ge_brQlott9qG

PETERiCHY:
Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

emmanuelewumi:
To whom it may concern

They are still cooking

PETERiCHY:
Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

Unfortunately I am heavily exposed to both.

Access bank is becoming Oando of the banking industry

Mpeace:
Access bank is becoming Oando of the banking industry

Forward looking statement

PETERiCHY:
Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

I hope you're not a member of APC?

You reason like an average APC member!

How you go dey compare Oando and ACCESSCORP?

Oando is virtually a dead company!

Access Bank will still be around in 2125(that is in 100 years time).

Mpeace:
Access bank is becoming Oando of the banking industry

Your statement is profoundly false!

EDUECO:
I hope you're not a member of APC?

You reason like an average APC member!

How you go dey compare Oando and ACCESSCORP?

Oando is virtually a dead company!

Access Bank will still be around in 2125(that is in 100 years time).

Do not be emotional about any stock. Before Intercontinental bank, Diamond bank, Oceanic bank etc went down, they were considered some of the strongest in the industry. I remember when Sanusi was CBN governor, during his clean-up of the banking industry, Diamond bank was named amongst the first 4 strongest banks in the country. It only took a couple of years for the bank to be run down. That of First bank is well documented how Bisi Onasanya's administrator or CEO almost sent the bank to the great beyond.
If Access bank does not take time, one of the big banks will acquire Access at very cheap price.

EDUECO:
Your statement is profoundly false!

I pray so. Because I have som units of Access bank.
But I remain grateful to Sir Emma. It was after his disclosure of having sold off all his units of Access bank that I sold 50% of my holdings in the bank which I moved to Aradel, Transcorp and Presco.

I know Transcorp will not pay good dividends, but their price is good and they have a culture of quarterly improvements in results.

Utalinmou:
They are still cooking

They went to the market to buy more ingredients which they will add to what they are cooking

Mpeace:
I pray so. Because I have som units of Access bank.
But I remain grateful to Sir Emma. It was after his disclosure of having sold off all his units of Access bank that I sold 50% of my holdings in the bank which I moved to Aradel, Transcorp and Presco.

I know Transcorp will not pay good dividends, but their price is good and they have a culture of quarterly improvements in results.

You moved from undervalued bank to overvalued Aradel,Transcorp and Presco!

With respect to PE ratio at H1 2025, ACCESSCORP is a better investment when compared to Aradel, Presco and Transcorp!