₦airaland Forum

KarlTom:
I have been trying to decipher the reason for the delay in distributing the bonus.

With this discovery, I am trying to hope that Mr Wale has not dribbled investors...

I saw it shortly before the last AG but I could not attend.
He has virtually dribbled the investors. Probably partly why the AGM was held online
The original clause was something like to distribute the shares and/or their monetary value to shareholders.
I guess he is now interpreting the monetary value as ''some of''.

My fear is that they may decide to allow the new, incoming investors (after the capital raise) to take part in the share redistribution, thereby diluting the ration of the pre-existing shareholders.

Yemy3m:
..not like before ..very bad platform even to log in

l dont know who sold the idea of this new platform to them and they went to create it. It is not it all.

mikeapollo:
I saw it shortly before the last AG but I could not attend.
He has virtually dribbled the investors. Partly why the AGM was held online
The original clause was something like to distribute the shares and/or their monetary value to shareholders.
I guess he is now interpreting the monetary value as ''some of''.

My fear is that they may decide to allow the new, incoming investors (after the capital raise) to take part in the share redistribution, thereby diluting the ration of the pre-existing shareholders.

Una go dey trust Wale

He is mentoring another CEO on NGX

I was asking myself same question too. 😁😁. And very few outstanding shares... My spec..

Oasisblue:
I wonder how I missed this EUNISELL. What a fantastic company!

Agbalowomeri:
Una go dey trust Wale

He is mentoring another CEO on NGX

Lol
Wetin we go do?
To invest in NGX means we ''must'' have some dose of trust for our CEO, anyhow, anyhow.

Agbalowomeri:
Una go dey trust Wale

He is mentoring another CEO on NGX

Agba, say it with your chest… are you referencing Tony?

Streetinvestor2:
The person buying it from u is stupid. Why won't he go buy fertiliser. That thing that ends up introducing fungi infections to u crops if u are not observant on time..It is 1k for feed size bag because I used it in my plantain farm

My farm is in Ibadan in a year I sell over 2000 bags of litter. The buyers are mainly 99% from the north and this is the same way they buy From all my co farmers.
how can you believe a person that transport a trailer load of litter from Ibadan to the North is stupid.
Relax and learn opportunities remain in this country..
This litter you are talking about is a huge business, there is a place called Akindele in Ibadan, lots of people are making a living from it.

Payunsin:
My farm is in Ibadan in a year I sell over 2000 bags of litter. The buyers are mainly 99% from the north and this is the same way they buy From all my co farmers.
how can you believe a person that transport a trailer load of litter from Ibadan to the North is stupid.
Relax and learn opportunities remain in this country..
This litter you are talking about is a huge business, there is a place called Akindele in Ibadan, lots of people are making a living from it.

Kudos to you.
Wish you more success in the business.
Don't forget your guys this Xmas oo!

omo
u get sense
d dark is coming if not for dis cgt gb-ola wey wan enta everyone yan sh kia kia
everytin don reset

Streetinvestor2:
The poverty they are sharing will soon touch all both the financial smart or blind.

I hope it is not what one moniker here keep shouting,...
Dark is coming
Very soon q3 results will be over with no impact which is not suppose to be so.Many jijo here go first close shop and understand what bad economy means

Streetinvestor2:
That is because u know what stocks mean and know that ngx exist. Go tell our larger population which are in local/remote places doing business. Or many illiterates which dominate our market or even civil servants

Then it is a problem of knowledge and education?


You cant call yourself a trader and you find it difficult to make a net profit margin of 20% within 6 months or service a loan at 30% interest rate per annum.

A trader who got a loan of N10 million and paid back in 6 months with only pay an interest of N1.5 million on the loan in 6 months.


At a net profit margin of 20% in 6 months that should give a profit of N2 million.

Raider76:
Capital Gains Tax: Taiwo Oyedele dismisses claims Nigerian investors are frustrated


https://dailypost.ng/2025/10/27/capital-gains-tax-taiwo-oyedele-dismisses-claims-nigerian-investors-are-frustrated/

I doubt if this Taiwo Oyedele has any investments in NGX, otherwise he wouldn't be saying this.
I pray he dose not destroy his reputation because of this unpopular CGT policy of the govt..

Good evening sirs/mas, pls i need soneone to recommend a good Nigerian stock broker app to me

Finally, NGN broke the 1450 resistance to close today at 1448.21

Next, we await close at 13xx.xx.

This is for our grandchildren and great grandchildren

Most of us won't be around in 2075

Payunsin:
My farm is in Ibadan in a year I sell over 2000 bags of litter. The buyers are mainly 99% from the north and this is the same way they buy From all my co farmers.
how can you believe a person that transport a trailer load of litter from Ibadan to the North is stupid.
Relax and learn opportunities remain in this country..
This litter you are talking about is a huge business, there is a place called Akindele in Ibadan, lots of people are making a living from it.

U dey funny. U want to teach me business opportunities on the street...dey play.
I wonder the particular north they come from.
The north I know has far many and larger poultry farm because it is cheaper to blend the food locally over thr because of availability of the raw materials needed. The northern politician invest more in farms.i would have had one before nigeria happened to north and I abandoned it

House, pls help with with a good stockbroker

While a lot of us are focusing on the very high capital gain tax, this can actually be a blessing in disguise for NGX. I see the steep capital gain tax as a risk mitigation to help reduce capital flight in the face of economic stagnation, recession, sanctions and protect the long term stability and growth of NGX.

Most times, we’ve been made to believe capital flight that paralyze and damage Nigerian capital market are caused by political uncertainty, corruption, macroeconomic instability including: currency depreciation, high inflation, external debt, high interest rate and others…While these rationale are very valid, they are not the major reasons.

Other reasons that can trigger sudden capital flight includes: sanctions by foreign governments, statements from big corporations or financial institutions and others. These triggers can happen at any time, due to no fault of the government. Speculative attacks from these capital flight will end up having catastrophic consequences on Nigerian economy.

Example of this was in 2015, when JP Morgan removed Nigeria from its index bond. This sudden exclusion triggered significant capital outflows, with foreign investors selling their Nigerian bonds, stocks and other assets. Leading to decline in stock market, devaluation of naira, higher interest rates, job losses and other economic problems. Let’s assume we had this CGT at the time, could this have prevented the speculative bubble of the 2015?

The long term stability and growth of NGX should be the most important factors. Any policy/ policies to strengthen this stability and growth should supersede short term gains of all investors.

emmanuelewumi:
Then it is a problem of knowledge and education?


You cant call yourself a trader and you find it difficult to make a net profit margin of 20% within 6 months or service a loan at 30% interest rate per annum.

A trader who got a loan of N10 million and paid back in 6 months with only pay an interest of N1.5 million on the loan in 6 months.


At a net profit margin of 20% in 6 months that should give a profit of N2 million.

Many people who are into trading whr not thought this maths and calculation during thr apprenticeship training. And they are many u see all over the markets in nigeria .
I have seen my in banking and insurance sector selling products that don't even know it is spread per annum. They don't even know how to calculate the per annum interest on that matter.They tell people it is 5% in this macro finance banks and the person goes home not knowing it is per month

The new directive requires tax to be deducted at the point of payment on instruments such as treasury bills, corporate bonds, promissory notes, and bills of exchange.

The tax body, however, said interest on federal government bonds remains exempt from the levy.

Interest on OMO Bills issued by the Central Bank of Nigeria (CBN) is also not liable to tax deduction.

https://businesspost.ng/economy/firs-imposes-10-withholding-tax-on-short-term-securities/

Streetinvestor2:
Many people who are into trading was not thought this maths and calculation during thr apprenticeship training. And they are many u see all over the markets in nigeria .

Meaning in whatever we do school is not a scam.

But over schooling and lacking functional education is a scam

courage89:
While a lot of us are focusing on the very high capital gain tax, this can actually be a blessing in disguise for NGX. I see the steep capital gain tax as a risk mitigation to help reduce capital flight in the face of economic stagnation, recession, sanctions and protect the long term stability and growth of NGX.

Most times, we’ve been made to believe capital flight that paralyze and damage Nigerian capital market are caused by political uncertainty, corruption, macroeconomic instability including: currency depreciation, high inflation, external debt, high interest rate and others…While these rationale are very valid, they are not the major reasons.

Other reasons that can trigger sudden capital flight includes: sanctions by foreign governments, statements from big corporations or financial institutions and others. These triggers can happen at any time, due to no fault of the government. Speculative attacks from these capital flight will end up having catastrophic consequences on Nigerian economy.

Example of this was in 2015, when JP Morgan removed Nigeria from its index bond. This sudden exclusion triggered significant capital outflows, with foreign investors selling their Nigerian bonds, stocks and other assets. Leading to decline in stock market, devaluation of naira, higher interest rates, job losses and other economic problems. Let’s assume we had this CGT at the time, could this have prevented the speculative bubble of the 2015?

The long term stability and growth of NGX should be the most important factors. Any policy/ policies to strengthen this stability and growth should supersede short term gains of all investors.

Nigerian investors don't want the CGT. It is not about capital flight or no capita flight by foreign investors
The NGX is now dominated by local investors.
Most foreign investors sold off their shares as prices fell drastically during the global financial crisis and Covid-19 pandemic giving Nigerians the opportunity to buy more shares.

Since 2008 (after the global meltdown), the Nigerian stock market cap is currently at its best at $67 Billion aside 2013 when it was at $84 Billion.

chimex38:
The new directive requires tax to be deducted at the point of payment on instruments such as treasury bills, corporate bonds, promissory notes, and bills of exchange.

The tax body, however, said interest on federal government bonds remains exempt from the levy.

Interest on OMO Bills issued by the Central Bank of Nigeria (CBN) is also not liable to tax deduction.

https://businesspost.ng/economy/firs-imposes-10-withholding-tax-on-short-term-securities/

Is it not only government that issues TB again
That means after offering u TB at 16%
They will still collect 10% from the interest
The poverty will definitely go round

GeneralDae:
Since 2008 (after the global meltdown), the Nigerian stock market cap is currently at its best at $67 Billion aside 2013 when it was at $84 Billion.

Na was o so we are still not up to that 84

Agbalowomeri:
Na was o so we are still not up to that 84

Effect of massive devaluation

So na so ACCESS no even give 1kobo interim dividend. The situation must be very critical.

Agbalowomeri:
Na was o so we are still not up to that 84

When they convert the 67 billion dollars to naira presently. They will celebrate it.
The poverty will definitely go round with thr good management of the economy.
Make q3 results finish first

AIRTEL's stagnation has gotten worse today.

It gained 16% in London to now be at over 5200.

NGX is still looking for who will sell 100k units at 2500.

FGN BOND AUCTION RESULTS (OCTOBER 2025)

© DMO

awesomeJ:
AIRTEL's stagnation has gotten worse today.

It gained 16% in London to now be at over 5200.

NGX is still looking for who will sell 100k units at 2500.

Na who wan buy
I just dey reason watin fit happen to that ASi after the release of all q3 results. Look at the good results released that it didn't do much.
Now foreign investors will be sitting on the fence till they understand this government economy management for next yr.
Na so I take hang for total with no hope again with what I am seeing

Agbalowomeri:
So na so ACCESS no even give 1kobo interim dividend. The situation must be very critical.

EPS of Q2 alone na kobo kobo. Where dem wan get Money buy World Bank suppose be the main Queshion we dey talk of interim.
Na Q3 go give hope. If dem go reason pay.

Even Almighty Zenith pay from retained earnings.. That should have been the red flag for the banking sector.