₦airaland Forum

You're getting defensive nah. I get its probabilistic nature, but isn't there, almost by definition, a sense of imminence associated with fragility? I was only trying to nudge you to put some numbers behind that imminence. As you previously wrote:

Market fragility Model - Simple Explanation

Think of market fragility like checking if a bridge is about to collapse. You don't wait for it to fall, you look for warning signs like cracks, rust, and stress points.

If it takes 10 years for most bridges to collapse after major cracks and stress points appear (fragility score >90), what use are those observations?

ositadima1:
No, it doesn’t work like that. I think I’ve already talked to you about the probabilistic nature of the market, nobody can time it accurately (with consistency), not me and not you. What we can do is use tools to indicate when the risk of a market crash is elevated.

I believe it’s the same with your fundamental analysis or whatever method you trust. It can inform you, but it is never be a crystal ball. But if you claim otherwise, then I challenge you to make at least five separate predictions about any stock or the ASI with specific time constraints, and if even one fails to materialize within the allotted time, then we can say your method is a dud. Are you game?

So my model is just a tool, not a crystal ball. It’s based on academic and well-known concepts. Having a tool is always better than having none. I also know implementation can sometimes be wrong, which is why I continue to monitor, modify, and correct when necessary. It’s not a magic formula, there is no magic formula anywhere.

https://www.youtube.com/watch?v=mI5YLQdfjtw

A few thoughts on FCMB Group 9M 2025 earnings.

HesInMe:
You're getting defensive nah. I get its probabilistic nature, but isn't there, almost by definition, a sense of imminence associated with fragility? I was only trying to nudge you to put some numbers behind that imminence. As you previously wrote:

Market fragility Model - Simple Explanation

Think of market fragility like checking if a bridge is about to collapse. You don't wait for it to fall, you look for warning signs like cracks, rust, and stress points.

If it takes 10 years for most bridges to collapse after major cracks and stress points appear (fragility score >90), what use are those observations?

The model does not forecast specific outcomes. It compresses the current market state into a single score based on several theories about how markets behave during stress.

The score itself is descriptive, but I interpret elevated scores as a potential signal of higher future risk, the same way RSI readings suggest conditions that often precede certain moves.

It’s a tool for framing risk, not predicting exact events.

Another Committee on CGT [National Tax Policy Implementation Committee (NTPIC)] Chaired by Mr. Joseph Olasunkanmi Tegbe...

https://www.thisdaylive.com/2025/12/06/fg-to-review-capital-gains-law-address-concerns-in-new-tax-policy/

KarlTom:
Another Committee on CGT [National Tax Policy Implementation Committee (NTPIC)] Chaired by Mr. Joseph Olasunkanmi Tegbe...

https://www.thisdaylive.com/2025/12/06/fg-to-review-capital-gains-law-address-concerns-in-new-tax-policy/

The CGT law would most likely be reversed or reviewed drastically. Kudos to the Finance minister for listening to industry players on this mater
This new committe is a clear indictment of Taiwo Oyedele's committee recommendation on the CGT. And he made things worse for both the NGX and govt by his reckless comments.
Clearly, there was no wide consultation before they recklessly raised it to 30 percent for companies and PIT rate(s) for individuals.

A positive, much better recommendation by this new committe could engender another round of bull in early 2026.

disgraced TAXMAN TAIWO OYEDELE (TTO) MUST GO – NOW!!!
TTO had one job: reform Nigeria’s tax system in a way that lifts the poor, protects the middle class, and attracts investors.
Instead, the disgraced Taiwo Oyedele nearly set the country on fire with verbal diarrhoea.
This is the story of a disgraced man who was handed a golden pen to write his name in history—and chose to stab 200 million Nigerians with it.
A toothless taxman turned tyrant, Taiwo Oyedele chaired the Presidential Fiscal Policy and Tax Reforms Committee armed with a rumored N5 billion war chest of taxpayers’ money. What did he deliver? A European-style punishment disguised as “reform.”
He wanted to tax Nigerians earning as little as ₦850,000 a year – that’s $48 a month at today’s exchange rate ~N1450.
He wanted Capital Gains Tax on shares to jump as high as 30–40%, without considering the 10% automatic Dividend Witholding Tax, chasing away the very investors keeping the NGX afloat.
He drafted laws that treat a Lagos trader the same way Germany treats a Munich millionaire – no safety net, no mercy, no common sense.
He never left his air-conditioned office in VI or Abuja to feel the heat of Oshodi or the hunger in Maiduguri. He copy-pasted foreign laws while the masses bled. When markets panicked and the Nigerian Exchange nearly collapsed under his careless words, it took the calm, people-first intervention of Finance Minister Wale Edun to restore sanity.
And now – thank God – sanity is winning.
The Federal Government has sidelined the disgraced Taiwo Oyedele’s most dangerous ideas. A brand-new committee, the National Tax Policy Implementation Committee (NTPIC) chaired by the widely respected Joseph Olasunkanmi Tegbe, has been set up to fix the mess. The controversial 30% CGT on shares is under urgent review. Personal homes and bank accounts are explicitly protected. Wide consultations with businesses, states, and citizens are now promised before any law takes effect in January 2026.
This is the good news we fought for – and it proves the system can still listen when Nigerians roar.
But victory does not erase betrayal.
Taiwo Oyedele still owes every Nigerian an unreserved public apology.
A disgraced man who claims to be a pastor should know that to whom much is given, much is expected – not much is stolen from the poor.
He nearly triggered first Nigeria tax civil war with policies that ignored our reality: no welfare, real inflation, currency devaluation, high borrowing cost, deregulation, no subsidies, worsening insecurity, banditry, kidnapping, herdsmen destruction of farms, unemployment, corruption, MAXIMUM SUFFERING in the midst of plenty, NO MARGIN FOR SURVIVAL. History will judge him harshly, and rightly so.
Let the new committee do its work. Let common sense prevail.

https://www.thisdaylive.com/2025/12/06/fg-to-review-capital-gains-law-address-concerns-in-new-tax-policy/

But let the disgraced Taiwo Oyedele, the heartless, inhumane pastor from HELL do the honorable thing today:
Resign. Apologise. Step aside. Embark on Exile while the new committes clean his Malignant meltdown.
Nigeria deserves leaders who serve the people – not overlords who punish them.

#DisgracedOyedeleMustGo
#TaxReformWithHumanFace
#NigeriaWillRise

mikeapollo:
The CGT law would most likely be reversed or reviewed drastically. Kudos to the Finance minister for listening to industry players on this mater
This new committe is a clear indictment of Taiwo Oyedele's committee recommendation on the CGT. And he made things worse for both the NGX and govt by his reckless comments.
Clearly, there was no wide consultation before they recklessly raised it to 30 percent for companies and PIT rate(s) for individuals.

A positive, much better recommendation by this new committe could engender another round of bull in early 2026.

The annoying taiwo oyedele guy, has no exposure to the NGX, so doesn't care about the negative outcome his draconian tax law has on the NGX.
All he cares about is he wants to please the president
I recall vividly reiterating that the major problem is the size of implemented CGT, from 0 to 30 percent, that's a huge chunk of your profit slashed of. You are literally slaving for the government, who hitherto has zero accountability on tax payers money.

The 7 Dangerous Blunders of Taxman Taiwo Oyedele That Almost Destroyed Nigeria
Here are the most outrageous and anti-people proposals that came out of Taiwo Oyedele’s so-called “tax reform” — every single one of them either distorted, exaggerated, or outright rejected by the government because Nigerians shouted loud enough:
1. Forcing every Nigerian earning above ₦850,000 per year (just ₦70,833/month or $48/month) to file tax returns — taxing survival itself.
2. Demanding that citizens explain and account for every kobo in their personal bank accounts like common criminals.
3. Threatening to grant the taxman direct access to snoop into your private bank accounts without restraint.
4. Imposing punishing Capital Gains Tax of up to 30–50% on the sale of shares and assets — a direct attack on investors and the stock market.
5. Absurdly claiming that commercial sex workers would be chased and taxed — turning moral grandstanding into revenue strategy.
6. Attempting to make Capital Gains Tax retrospective — taxing gains you already made before the law even existed.
7. Declaring that no matter where your income comes from in the world, Nigeria will tax it — double taxation on steroids.
Every one of these toxic ideas has either been watered down, outright dropped, or is now under urgent review by the new Tegbe-led committee.
Taiwo Oyedele tried to turn Nigeria into a tax hell.
We said NO — and the government is finally listening.
But the man who brought us this nightmare still walks free without a single apology.
#OyedeleMustGo

Lol. No disrespect -- I acknowledge your initiative -- but look how far you've evolved conceptually.

Before:

Think of market fragility like checking if a bridge is about to collapse (outcome)...
If you see all 5 problems at once, your market is about to collapse! (outcome)...
This model catches those signals before the crash happens, like a smoke detector before the fire (outcomes).

Now:

It's just "descriptive."

ositadima1:
The model does not forecast specific outcomes. It compresses the current market state into a single score based on several theories about how markets behave during stress.

The score itself is descriptive, but I interpret elevated scores as a potential signal of higher future risk, the same way RSI readings suggest conditions that often precede certain moves.

It’s a tool for framing risk, not predicting exact events.

NIGERIAN EXCHANGE LIMITED (NGX) WEEKLY MARKET REVIEW AND SECTOR ANALYSIS
WEEK ENDED:5 DEC 2025
PLUS IDEAS FOR 08 DEC 2025

EXECUTIVE SUMMARY

The Nigerian Exchange Limited gained 2.45% this week. The All Share Index closed at 147,040.08 points. Market capitalisation rose to ₦93.72 trillion, up ₦2.41 trillion from last week.

Total trading volume was 2.84 billion shares worth ₦58.36 billion across 48,291 deals. More stocks went up than down, with 55 gainers against 29 decliners, showing a positive market breadth.

The week brings some optimism, but caution is still advised. Combining ideas from different sections of our daily reports, like the full bid and speculative picks, seems to be working well.

WEEKLY MARKET HIGHLIGHTS

All Share Index: 147,040.08 points, change of +2.45%
Market Cap:₦93.72 trillion, change of +2.67%
Volume Traded:2.84 billion shares, change of +18.20%
Value Traded:₦58.36 billion, change of +22.50%
Number of Deals:48,291, change of +9.80%

SECTOR PERFORMANCE

Sectors ranked by weekly performance:

1. Industrial Goods: +7.38%
2. Premium Board: +5.50%
3. MERI Value: +3.99%
4. Banking: +3.20%
5. Consumer Goods: +1.56%
6. Growth: +4.77%
7. Pension: +0.53%
8. Lotus II: +0.33%
9. Oil/Gas: -0.57%

BEST PERFORMING SECTOR: INDUSTRIAL GOODS

This sector was driven by strong buying interest in major cement stocks like XXXX and XXXX. This is due to strong recent earnings and positive expectations for construction spending in the 2026 budget. Large institutional trades were seen. The technical outlook is bullish.

WORST PERFORMING SECTOR: OIL/GAS

This sector declined due to investors taking profits in stocks like XXXX and XXXX after a recent rally. Lower crude oil prices and foreign exchange concerns added pressure. The technical outlook is bearish.

MARKET TREND AND BREADTH

The market trend and momentum suggest it is time to start buying stocks gradually. Key index signals are mostly positive.

Market breadth strengthened significantly. Gainers outnumbered decliners by a ratio of nearly 2 to 1. This shows broad-based buying interest has returned, shifting the market from a selling phase to an accumulation phase.

TOP MOVING STOCKS

Top 5 Gainers:
NCR:+33.03%
UACN:+22.69%
GUINNESS:+18.56%
DANGCEM:+15.02%
NB:+12.36%

Top 5 Losers:
RTBRISCOE:-12.79%
LEGEND:-10.71%
UNIONDICON:-10.00%
ABCTRANS:-9.88%
CORNERST:-8.33%

Most Active Stocks by Value:
DANGCEM,GTCO, ACCESS

MEDIUM TERM STOCK IDEAS (3+ MONTHS)

These stocks are based on strong fundamentals like high profit margins and good earnings growth. They are for medium term holding and may not be ready for immediate purchase. Wait for good support levels.

· XXXX (Industrial): High margins, strong balance sheet.
· XXXX (Consumer Goods): Consistent profitability, strong brand.
· XXXX (Consumer Goods): Improving margins, volume recovery expected.
· XXXX (Industrial): Strong returns on capital, benefits from capacity expansion.
· XXXX (Conglomerate): Diversified revenue growing above 25%, consistent earnings per share gains.

MARKET CONTEXT

Oil price is around $63.75 per barrel. A price below $65 remains a constraint on government revenue and foreign reserves.

The official exchange rate is high at ₦1,449.95 per US Dollar, keeping costs elevated.

Inflation is slowing down for the seventh month in a row, now at 16.05%. This supports market stability.

The Central Bank kept its policy rate at a high 27.00% to fight inflation. This high rate makes fixed income investments attractive compared to stocks, which is a drag on the market.

OUTLOOK AND STRATEGY

SHORT TERM OUTLOOK (1-2 WEEKS)
The market has broken out with strong momentum,led by the industrial sector. The index is likely to rise toward 150,000 points, supported by buying in cement and banking stocks. Retail sentiment is bullish.

Key risks include the Central Bank's policy decision in December. A rate hike could trigger profit-taking. Foreign exchange volatility or reduced liquidity before Christmas are also risks.

MEDIUM TERM OUTLOOK (1-3 MONTHS)
The view is positive with a target of 155,000 to 160,000 by early 2026.This will be driven by strong company earnings, potential interest rate cuts starting February 2026, and foreign investor interest. We expect the shift from oil/gas stocks to industrial and consumer goods stocks to continue.

INVESTMENT POSITIONING
Overweight:Industrial Goods, Consumer Goods, Premium Board.
Neutral:Banking, Insurance.
Underweight:Oil & Gas.

RISK MANAGEMENT ADVICE

· Always use a stop loss.
· Limit how much you put into any single stock.
· Limit exposure to any one sector to about 40%.

IDEAS FOR THE NEW WEEK

Market Direction: Bullish Bias
The market's strong close suggests upward movement is likely this week.The index may test 148,000 and then 150,000 points.

The main risk is profit-taking if the market climbs too fast toward 150,000. High Treasury Bill rates could also pull money away from stocks.

The bull market appears to be back. Institutional buying should support the rally.

TOP STOCKS FOR THE WEEK
Stocks with high recommendation scores:
XXXX(95%), XXXX (92%), XXXX (90%), XXXX (90%), XXXX (88%), XXXX (85%), XXXX (85%), XXXX (85%), XXXX (83%), XXXX (80%), XXXX (80%), XXXX (80%), XXXX (80%)

SPECULATIVE STOCKS
Stocks for higher risk appetite:XXXX, XXXX, XXXX, XXXX, XXXX.

FULL BID CANDIDATES - Watch after market opens
XXXX

HIGHLY MENTIONED STOCKS
These stocks are repeatedly mentioned in research and trader communities,indicating high conviction:
XXXX(95%), XXXX (92%), XXXX (90%), XXXX (88%), XXXX (85%), XXXX (85%), XXXX (83%), XXXX (80%), XXXX (80%), XXXX (78%), XXXX (75%)

TECHNICAL ANALYSIS FOR NGX INDEX

Current Level: 147,040.08
Support Levels:144,500 (Primary), 142,000 (Secondary), 138,000 (Major)
Resistance Levels:148,000 (Immediate), 150,000 (Secondary), 155,000 (Major)
Pattern:Bullish flag breakout with higher highs and higher lows.

CORPORATE NEWS SUMMARY

Key filings on Friday, Dec 5th included director share dealings at CONSOLIDATED PLC, MTN NIGERIA, NAHCO, FIDELITY BANK, and CUTIX PLC. FCMB GROUP PLC released strong nine-month 2025 results with profit up 40.7%. Other news included a successful rights issue for INDUSTRIAL & MEDICAL GASES, listing of new FGN Savings Bonds, and rights trading activation for CHAMPION BREWERIES.

MARKET SENTIMENT

Institutional investors are focused on industrial and selected consumer stocks. Retail investors on social media are very bullish on cement and brewery stocks, showing strong fear-of-missing-out (FOMO) sentiment.

DISCLAIMER

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

HesInMe:
Lol. No disrespect -- I acknowledge your initiative -- but look how far you've evolved conceptually.

Before:

Think of market fragility like checking if a bridge is about to collapse (outcome)...
If you see all 5 problems at once, your market is about to collapse! (outcome)...
This model catches those signals before the crash happens, like a smoke detector before the fire (outcomes).

Now:

It's just "descriptive."

If you found yourself on a Nigerian street and noticed the police agitated, cocking their guns, what would you do? As a rational person, wouldn’t you try to distance yourself from that location immediately? That reaction comes from observing the environment, a descriptive assessment.

It’s possible nothing is about to happen, but it’s also possible that shooting may erupt. In fact, based on experience, that outcome is more likely and potentially far more damaging, creating a negative-expectancy situation.

I have nothing else to add; I’ve made my case.

HesInMe:
Lol. No disrespect -- I acknowledge your initiative -- but look how far you've evolved conceptually.

Before:

Think of market fragility like checking if a bridge is about to collapse (outcome)...
If you see all 5 problems at once, your market is about to collapse! (outcome)...
This model catches those signals before the crash happens, like a smoke detector before the fire (outcomes).

Now:

It's just "descriptive."

But if those features have not been modelled with the "outcome", they remain purely descriptive

ositadima1:
If you found yourself on a Nigerian street and noticed the police agitated, cocking their guns, what would you do? As a rational person, wouldn’t you try to distance yourself from that location immediately? That reaction comes from observing the environment, a descriptive assessment.

It’s possible nothing is about to happen, but it’s also possible that shooting may erupt. In fact, based on experience, that outcome is more likely and potentially far more damaging, creating a negative-expectancy situation.

I have nothing else to add; I’ve made my case.

Just call it risk metrics. Maybe he will understand better. I do not even know what his arguments about.

Everyone in the market knows all models fail at some point. But having strategy is better than not having one.

millo:
Hello people, any thoughts on accesscorp especially how the plan for private placement might affect their share price. I am deep in it, definitely waiting for their dividend often 10% or more.

@Agbalowomiliki said Accesscorp is going back to N12. Maybe N1.5 dividend will be paid.

stokfrick:
The annoying taiwo oyedele guy, has no exposure to the NGX, so doesn't care about the negative outcome his draconian tax law has on the NGX.
All he cares about is he wants to please the president
I recall vividly reiterating that the major problem is the size of implemented CGT, from 0 to 30 percent, that's a huge chunk of your profit slashed of. You are literally slaving for the government, who hitherto has zero accountability on tax payers money.

Exactly, if they announce reduction to say 15% now you will see the father of all bulls in the market.
How can you be imposing oppressive taxation on the few people that play the market while lamenting that more people play Baba Ijebu and Bet9ja than in Ngx?

zendi:
Exactly, if they announce reduction to say 15% now you will see the father of all bulls in the market.
How can you be imposing oppressive taxation on the few people that play the market while lamenting that more people play Baba Ijebu and Bet9ja than in Ngx?

They should not just impose any tax. The 10% charge on dividend does it not go to Government ? Whatever reduction the new committee comes up with to me, will still amount to double taxation

All these is just to please their tax master. Why Nigeria is not progressing is that Government goes abroad and do cut and paste of blueprint of policies working abroad to enslave their citizens. But, they look away from the good sides that will benefit the masses. How can you compare our climes with people that have good roads, stable electricity, having pipe borne water, good medical facilities, reduced crime rate. Here bandits will not allow citizen rest, farmers and cattle rearers are there, kidnapping is on the increase. You can't talk of reducing cost of governance. Corruption everywhere in government circles. You want foreign investors to come in and the best you could do is to introduce one CGT to rake out 30% from investors. I had said it earlier in one of my post that the government was trying to kill the NGX with this introduction and that if nothing was done the red on NGX will not cease. That was why so many capital flight from the market. Well, we watch to see what the new committee will come up with. As for the Mr Oloyede Taiwo, he failed completely with what he came up with and was unable to clarify issues raised in all fora. But, if i may ask was he the only man left to decide the fate of Nigerians. Did he not work with anybody ?
My only solace remains in the fact that if heaven wants to fall, it will fall on everyone. That was the singular reason i remain calm. I refused to sell or buy more. Rather i was watching to see how everything will play out. Still watching.

zendi:
Exactly, if they announce reduction to say 15% now you will see the father of all bulls in the market.
How can you be imposing oppressive taxation on the few people that play the market while lamenting that more people play Baba Ijebu and Bet9ja than in Ngx?

The CGT could be reversed or reduced drastically . Even10% is still high.
From the way the chairman of the committee spoke, they are likely to maintain the status quo i.e. no CGT to be charged.

Mankind2024:
disgraced TAXMAN TAIWO OYEDELE (TTO) MUST GO – NOW!!!
TTO had one job: reform Nigeria’s tax system in a way that lifts the poor, protects the middle class, and attracts investors.
Instead, the disgraced Taiwo Oyedele nearly set the country on fire with verbal diarrhoea.
This is the story of a disgraced man who was handed a golden pen to write his name in history—and chose to stab 200 million Nigerians with it.
A toothless taxman turned tyrant, Taiwo Oyedele chaired the Presidential Fiscal Policy and Tax Reforms Committee armed with a rumored N5 billion war chest of taxpayers’ money. What did he deliver? A European-style punishment disguised as “reform.”
He wanted to tax Nigerians earning as little as ₦850,000 a year – that’s $48 a month at today’s exchange rate ~N1450.
He wanted Capital Gains Tax on shares to jump as high as 30–40%, without considering the 10% automatic Dividend Witholding Tax, chasing away the very investors keeping the NGX afloat.
He drafted laws that treat a Lagos trader the same way Germany treats a Munich millionaire – no safety net, no mercy, no common sense.
He never left his air-conditioned office in VI or Abuja to feel the heat of Oshodi or the hunger in Maiduguri. He copy-pasted foreign laws while the masses bled. When markets panicked and the Nigerian Exchange nearly collapsed under his careless words, it took the calm, people-first intervention of Finance Minister Wale Edun to restore sanity.
And now – thank God – sanity is winning.
The Federal Government has sidelined the disgraced Taiwo Oyedele’s most dangerous ideas. A brand-new committee, the National Tax Policy Implementation Committee (NTPIC) chaired by the widely respected Joseph Olasunkanmi Tegbe, has been set up to fix the mess. The controversial 30% CGT on shares is under urgent review. Personal homes and bank accounts are explicitly protected. Wide consultations with businesses, states, and citizens are now promised before any law takes effect in January 2026.
This is the good news we fought for – and it proves the system can still listen when Nigerians roar.
But victory does not erase betrayal.
Taiwo Oyedele still owes every Nigerian an unreserved public apology.
A disgraced man who claims to be a pastor should know that to whom much is given, much is expected – not much is stolen from the poor.
He nearly triggered first Nigeria tax civil war with policies that ignored our reality: no welfare, real inflation, currency devaluation, high borrowing cost, deregulation, no subsidies, worsening insecurity, banditry, kidnapping, herdsmen destruction of farms, unemployment, corruption, MAXIMUM SUFFERING in the midst of plenty, NO MARGIN FOR SURVIVAL. History will judge him harshly, and rightly so.
Let the new committee do its work. Let common sense prevail.

https://www.thisdaylive.com/2025/12/06/fg-to-review-capital-gains-law-address-concerns-in-new-tax-policy/

But let the disgraced Taiwo Oyedele, the heartless, inhumane pastor from HELL do the honorable thing today:
Resign. Apologise. Step aside. Embark on Exile while the new committes clean his Malignant meltdown.
Nigeria deserves leaders who serve the people – not overlords who punish them.

#DisgracedOyedeleMustGo
#TaxReformWithHumanFace
#NigeriaWillRise

Why are u using that word here. It is only me that is allowed to use it on ngx.
I said it was disgraced country to disgraced economy to disgraced ngx
You have come to add disgraced Oyedele..lol

My beautiful gurus ,
Please how do I go about to get my bonus shares credited to my account by trove app

I bought Vfd group shares via trove app. A bonus of 5:1 and a dividend of #2.5k was given earlier in the year. I got the payment of dividend in full , but they have refused to credit my bonus shares to my account till today despite repeated emails to them, for which I had to copy sec at one occasion.
All I have received from them is endless promises but no action.
What should I do?

zendi:
Exactly, if they announce reduction to say 15% now you will see the father of all bulls in the market.
How can you be imposing oppressive taxation on the few people that play the market while lamenting that more people play Baba Ijebu and Bet9ja than in Ngx?

Una really think that it's the CGT that's stopping bull. Far from it. If bull go come, e go come irrespective. I think it will be more of market cycle than the CGT

I didn't receive MTN Nigeria's dividend. Since I returned to NGX this year every company I qualified for their dividend has paid into the account number I provided to my stockbrokers without my having to fill any additional e-dividend form. What might be wrong with Coronation registrars, I thought investors here rate them highly?
Please who knows their email address so that I can contact them to release my patience benefits?

https://x.com/i/spaces/1ypKdqYXBlyGW

Discussing the NGX last week and outlook for this week.

https://www.youtube.com/watch?v=zVh2FdvQC9E

A few stocks I'd be watching closely this week.

Agbalowomeri:
Una really think that it's the CGT that's stopping bull. Far from it. If bull go come, e go come irrespective. I think it will be more of market cycle than the CGT

It is not CGT.It is disgraced economy.
We are in festive month.Go to open markets and see if people are spending like when economy was good.Whr is the money. People are just surviving because things are hard to even pay bills. The CGT has nothing to do with what is happening in the market. Some are just shouting it here because of thr personal interest for thr future exist of fund
And the CGT is going no where. The best the new committee can do is reduce it btw 15-20%
They will never abolish it.The government could decide to delay implementation for another one yr

Agbalowomeri:
Una really think that it's the CGT that's stopping bull. Far from it. If bull go come, e go come irrespective. I think it will be more of market cycle than the CGT

WouLd you be willing to put your huge money in the NGX if you are not sure whether your gains would be taxed up to 30%? The statement by the chairman of the new tax committee clearly shows that the CGT issue is affecting the NGX and the uncertainty is partly responsible for the poor run in the market. Once it is done away with the market will respond positively. We live to see.

Valthegreat:
I didn't receive MTN Nigeria's dividend. Since I returned to NGX this year every company I qualified for their dividend has paid into the account number I provided to my stockbrokers without my having to fill any additional e-dividend form. What might be wrong with Coronation registrars, I thought investors here rate them highly?
Please who knows their email address so that I can contact them to release my patience benefits?

Customercare@coronationregistrars.com

Please how can one buy TIP PLC public offer?

I search internet i cant see the application form neither is the offer listed on Ngx portal.

Good evenning.....

Agbalowomeri:
Una really think that it's the CGT that's stopping bull. Far from it. If bull go come, e go come irrespective. I think it will be more of market cycle than the CGT

When we copy the tax tax obsessions of Western leftism without equally adopting their mentality of accountability and probity in the use of public funds, CGT likely victims may have no choice but to try and reduce exposure.

Hence the market sell off, sell down, and pausing of new buying, (to listen to the new music in January in order to formulate how to dance it).

This, in my opinion, is what has been painting the market red.

If you were a gambler and want to bet that Tinubu will approve the suspension of the implementation of the CGT before midnight on December 31st, pending a review, what sector/stocks will you bet on?

Raider76:
If you were a gambler and want to bet that Tinubu will approve the suspension of the implementation of the CGT before midnight on December 31st, pending a review, what sector/stocks will you bet on?

You have lumped two conditional probabilities