₦airaland Forum

Hello, thanks for your explanation. Abeg i get question.

Does this mean I won;t see my TIP shares in my Cardinal Stone? I have to open a CSCS account or what to access them? I have a CSCS number, but not the account.

emmasoft:
@OoDeeA, To know if the shares have been allotted to you, request your CSCS statement from the stockbroker or check online if you subscribed to online access; your allotted units will reflect there.
When shares are allotted, they do not go directly to your trading account but to your CSCS account. Whatever appears in your CSCS account is tradable on the floor of the NGX, even if it’s not on your trading account.
Note that even when registrars announce an allotment, it does not automatically mean every shareholder received their shares. There may be one irregularity or another affecting your allocation.

In such cases, the appropriate party to contact is the Registrars (GTL), not the stockbroker.
Stockbrokers do not allot shares, so reporting the stockbroker will not resolve the issue because that will be the wrong target.

The registrar will sort out any pending allotment, not the stockbroker.

stokfrick:
It is this corruption of those in authority that has reduced this country down to the level of embarrassment and shame.
Its the same corruption can spell doom for a country at this level.
You can see the way our leaders are handling terrorism, using it to play politics for selfish reasons. They're not even touched by what is going on, it doesn't concern them cos they have multiple citizenship incase the country finally implodes today.
Hatred for a particular ethnic group in the country has blinded other ethnic groups that they don't even see that northern level of banditry/terrorism has gradually crept into the West .
This week it was kwara state, who knows where next it will be.
And as usual we look the other way until it consumes everyone.
Make Una continue.

The consumption is spreading.
We can see it in how the bandits are becoming daring.
-Taking pics and videos without trace.

-Low livid petty thiefs around are now emboldened to graduate to the next level.
-Today it's Bwari or so in FCT
About 30 armed kidnappers inside someone's residence.
Thank God for swift police response, it would have been the latest headline.

The consumption effect is
going to be a reality if nothing is done. Not the mantra of "its not my portion tales".

GeeKudi:
Like I said, it is a very strange concept to common sense and perception of justice to talk of 'repentant terrorist'. However, the insinuation that they are being recruited into the military has been refuted by the authorities.

Like the authorities are known for their integrity. They same ones that denied the abduction of the general.

Heishere:
Like the authorities are known for their integrity. They same ones that denied the abduction of the general.

They sold out the general. They wanted him dead.The man is a fit and combatant who has been fighting thr boys..A disgraced nation indeed is what the country has become

Tried to open a CSCSOnline account but it gave me this error. Suggestions?

deathwing:
Hello, thanks for your explanation. Abeg i get question.

Does this mean I won;t see my TIP shares in my Cardinal Stone? I have to open a CSCS account or what to access them? I have a CSCS number, but not the account.

For the fact that you have a stockbroking account with Cardinal Stone that means you have cscs account the same thing you call cscs number.

If you provided the cscs number and CHN in the space provided on the TIP application form, the unit applied for will be credited to your cscs account during allotment.

Yes but will i see the stocks in my cardinal stone account? The paper also asked us to inout Broker name

emmasoft:
For the fact that you have a stockbroking account with Cardinal Stone that means you have cscs account the same thing you call cscs number.

If you provided the cscs number and CHN in the space provided on the TIP application form, the unit applied for will be credited to your cscs account during allotment.

deathwing:
Tried to open a CSCSOnline account but it gave me this error. Suggestions?

I have a similar situation since August. I have sent them a mail and also reached out to them on twitter. There has been no positive response or resolution till today.

Rori:
I have a similar situation since August. I have sent them a mail and also reached out to them on twitter. There has been no positive response or resolution till today.

If you know the exact number of units and they are slowing you down. Just place the same number on sell order with on your broker platform. The sales will be filled. Use the money to repurchase same company and the number of units will now appear on your brokerage account. Your cost for this short cut is the brokerage fee for the round trip.

Bitcoin headed for 65k Lol

GeeKudi:
The military has consistently said no repentant terrorist (I don't even believe in the concept of repentant terrorist) has been recruited into the military. If we don't criticize based on truth and facts, how are we different from the people manipulating the system?

https://saharareporters.com/2025/10/29/exclusive-how-repentant-boko-haram-members-leak-nigerian-army-movements-armoury


https://saharareporters.com/2025/10/24/exclusive-soldiers-raise-alarm-nigerian-army-forces-them-work-repentant-boko-haram

Though I observe that Sahara reporters are known for being overZealous or pushing agenda at times. Even wrong news on many occasions.
But they have been right at times in some daring investigation news.


I don't dismiss any rumour these days.

chimex38:
https://saharareporters.com/2025/10/29/exclusive-how-repentant-boko-haram-members-leak-nigerian-army-movements-armoury

Though I observe that Sahara reporters are known for being overZealous or pushing agenda at times. Even wrong news on many occasions.
But they have been right at times in some daring investigation news.


I don't dismiss any rumour these days.

YYou get time to dey share links or argue on things about it.I have mates who are presently red neck and one star General in the military presently and I hear what is happening. One was court Martial at one time because of this incident. He missed a yr promotion as punishment with his mates.That would have caused his life and his men.

Agbalowomeri:
Bitcoin headed for 65k Lol

It will be $65k over priced

NSE faithfuls, Keep buying the dip…

nosa2:
It will be $65k over priced

No lie here. The problem with bitcoin is that it’s original intended use is to be a medium of exchange, but people started hoarding it, forcing it to be an asset class. This conflict is the source of its volatility.

For something that has no intrinsic value i predicted that oneday it would just disappear, value falls to zero. Now in the present, this is a potentially big problem, because too much real value has gone into purchasing it. If it falls to zero, it would cause significant financial stress in the world, hence the battle to save it. I guess.

After all is said and done. No human can predict its future with their full chest. Only God knows this.

PuristForest:
Market still in a shock, even though most assets are in oversold conditions, significant economic and political uncertainty persists... ASI potentially trending lower, current momentum suggests a move towards 127 k which is 23.6% fib level of wave 3... affected assets unknow but thinking high ticket items mainly... A highly probable bullish stance will be test of 141k low (not lower than 138k) and next stop 190K - 200K...personally, i favor the bullish stance but trump 9ja saga, FX stability, policy shifts, and potential earnings surprises will ultimately play a crucial role in shaping market sentiment and direction.
DYOR joo!

refs
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9695#137190045
ewnation/asi

Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

emmaodet:
Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

The two of you seem to be in agreement then

Agbalowomeri:
Bitcoin headed for 65k Lol

Michael Saylor in some serious red

NSEstudent:
The two of you seem to be in agreement then

Exactly

emmaodet:
Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

Oga no use statistic wey you no understand o

brainhack:
No lie here. The problem with bitcoin is that it’s original intended use is to be a medium of exchange, but people started hoarding it, forcing it to be an asset class. This conflict is the source of its volatility.

For something that has no intrinsic value i predicted that oneday it would just disappear, value falls to zero. Now in the present, this is a potentially big problem, because too much real value has gone into purchasing it. If it falls to zero, it would cause significant financial stress in the world, hence the battle to save it. I guess.

After all is said and done. No human can predict its future with their full chest. Only God knows this.

And when the day breaks, crypto will be the greatest ponzi of all time

brainhack:
No lie here. The problem with bitcoin is that it’s original intended use is to be a medium of exchange, but people started hoarding it, forcing it to be an asset class. This conflict is the source of its volatility.

For something that has no intrinsic value i predicted that oneday it would just disappear, value falls to zero. Now in the present, this is a potentially big problem, because too much real value has gone into purchasing it. If it falls to zero, it would cause significant financial stress in the world, hence the battle to save it. I guess.

After all is said and done. No human can predict its future with their full chest. Only God knows this.

1)Some have intrinsic value as blockchain related products(Etherum and co).

2)Stablecoins(Tether) have also given the major ones some intrinsic valuations as users transfer to tether to hedge against real dollars stored in some treasury; legitimizing it also as means of exchange in the process with banked up storage.

Though, i get you guyz point. Without established products and services, $0 might come knocking for most assets in a panic or bubble burst.

But i think zero is highly unlikely especially for Bitcoin and Etherum at least with use cases.


SEC just recently launched a Blockchain academy program with Cambridge university in Nigeria.

chimex38:
Exactly..
Rubbishing our trillion-Naira-budget Military!

This is what happens when corruption meets incompetence

emmaodet:
Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

I think there may be a problem with this. Since they mentioned the ASI, it likely means the individual stock P/Es are first collapsed into one number by weighting them by market capitalization and then applying the 5-year moving average.

This means a few giant companies, often called SWOOTs (Stocks Worth Over One Trillion), end up controlling the vast majority of the index’s movement. The chart is useful for a macro view of the economy’s largest players, but it’s a poor tool for picking individual stocks.

A 1% move in Dangote Cement matters more than a 20% move in a smaller company.

Agbalowomeri:
And when the day breaks, crypto will be the greatest ponzi of all time

I think some will survive
But the forks aren't helping either.

emmaodet:
Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

as naira is strengthening we are experiencing deflation, so companies cannot easily grow sales, competitive products can start gaining share back if they have cost advantages. All this wars, loans, and excessive corruption is not going to favour investing. We are really not in a good place economically, investors are not blind. Let be honest the market have it own mind, it prices sometimes correctly the risk existing.

People generally don't dismiss fake news that fit into their biases.

chimex38:
https://saharareporters.com/2025/10/29/exclusive-how-repentant-boko-haram-members-leak-nigerian-army-movements-armoury


https://saharareporters.com/2025/10/24/exclusive-soldiers-raise-alarm-nigerian-army-forces-them-work-repentant-boko-haram

Though I observe that Sahara reporters are known for being overZealous or pushing agenda at times. Even wrong news on many occasions.
But they have been right at times in some daring investigation news.


I don't dismiss any rumour these days.

deathwing:
Tried to open a CSCSOnline account but it gave me this error. Suggestions?

Seems an account has been created using the CHN number
Call or email the customer service of CSCS; they would ask a few questions to verify ownership, and then they will give you the user name and password

KarlTom:
You omitted the Kwara episode...

Yes, but this one looks lower league, and financially motivated, unlike the religiously motivated daredevil jihadists of the far north that captured and killed a brigade commander for God's sake.

Sure they raided a Church, perhaps because churches and schools are quick sources of non Muslim victims.

https://www.thecable.ng/bandits-demand-n100m-ransom-per-victim-from-families-of-abducted-kwara-worshippers/

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

A few stocks I'd be watching closely in today's trading session.

Pidgin English audio below.

https://open.spotify.com/episode/6kxUMwHFcu6zXZPDLcO4OB

starpower:
as naira is strengthening, we are experiencing deflation, so companies cannot easily grow sales, competitive products can start gaining share back if they have cost advantages. All this wars, loans, and excessive corruption is not going to favour investing. We are really not in a good place economically; investors are not blind. Let be honest the market have it own mind, it prices sometimes correctly the risk existing.

If you wait for the economically right environment to invest, you may never deploy capital. Uncertainty always exists in all market environments.
"...But uncertainty is a friend to the buyer of long-term Values" - Warren Buffett

GeeKudi:
People generally don't dismiss fake news that fit into their biases.

True..
That's why I also said these days.

Some rumors may not have proven true but hasn't entirely been disproved either convincingly.

Whatever disease one thinks is unfathomable for one to suffer from should'nt cloud one's judgement when one sees symptoms.
It could be true, it could be false, its unwise to dismiss outrightly, less it eats one up gradually.
Diagnosis is recommended.