₦airaland Forum

essentialone:
Now that ASO Savings Plc has been delisted from the Stock Market, we only hope that those presently buying Deap Capital Plc and Union Dicon Plc, will learn some lessons, before it is too late..m

Why Deap capital? Kindly educate me

What do you think about the comment from reddit?


Do NOT buy the Dangote Refinery stock immediately on the first day.

Wait 2–6 months before entering.


WHY YOU SHOULD NOT BUY IMMEDIATELY (IMPORTANT)

1. ⁠New stocks often launch at a high price

When a big company like Dangote lists, demand is very high:

• ⁠hype
• ⁠media attention
• ⁠institutional buying
• ⁠excitement from retail investors

This pushes the price up too high in the first days or weeks.

After the hype ends → the price usually drops.

2. Early investors normally take profit

Banks, institutions and insiders who got early allocation often sell some shares after listing.

This causes the price to fall.

3. Better buying opportunities come later

Historically, Nigerian IPOs behave like this:

Day 1–14 → price rises (hype)
Month 1–3 → price stabilises
Month 3–6 → price pulls back
After 6 months → strong buying opportunity

This happened with:

• ⁠MTN Nigeria
• ⁠Seplat
• ⁠Flour Mills
• ⁠Airtel Africa
• ⁠Dangote Cement (old listing behaviour)

THE BEST STRATEGY FOR YOU

Wait 2–6 months before buying.

You will get:

• ⁠better price
• ⁠less hype
• ⁠more clarity on refinery operations
• ⁠more stable market conditions

During this waiting period you will see:

• ⁠actual revenue
• ⁠performance
• ⁠crude supply stability
• ⁠production output
• ⁠profit margins

Then you invest with confidence.

leo1234:
Use of the word "irresponsible" is not play. [

Bros no be you I carry for mind for the post. You have a right to be upset if you believe you’ve been labelled as ‘irresponsible’.

I was referring to the series of posts with many acerbic rebuttals prior to yours. Anyone who wants to emphasise a point can do so in a more amicable tone so as to maintain civility and decorum on this thread.

If NGX can allow Juli Chemist continue scamming investors DEAP Capital and co are safe.

ASO Savings was a regulatory intervention.

essentialone:
Now that ASO Savings Plc has been delisted from the Stock Market, we only hope that those presently buying Deap Capital Plc and Union Dicon Plc, will learn some lessons, before it is too late...

How did Prophet Moses make his coffee?
Why is 6 afraid of 7?

faoogoke:
If NGX can allow Juli Chemist continue scamming investors DEAP Capital and co are safe.

ASO Savings was a regulatory intervention.

The question should be, is DEAP Capital under special regulations like aso savings? If yes then the warning is apt.

essentialone:
https://doclib.ngxgroup.com/Financial_NewsDocs/23_AUSTINLAZ-Notification_of_sharedealing_(1).pdf Finally, the owner of AustinLaz Plc, Mr ASIMONYE AUSTIN LAZARUS AZUBUIKE is selling off his shares in his own Company. Trade cautiously...

The man has cashed out about 228 Million Naira from his shares in his own Company. Who and who bought those shares?😁

In case you missed the information, last year, Austin Laz was pumped from N1.70, and was dumped at N5.70. That was a massive 235% gain. If you know, you know.

hmmmm!

This is one of the things that highlights regulatory irresponsibility, regulatory connivance and regulatory ineptitude that are nothing but ever present RED flags for the investing public.
There were more like this in the past and there will be more in the future as long as those saddled with regulatory responsibilities will NEVER hesitate to turn their eyes away for the FILTHY LUCRE.

SEC's Historic Capital Recapitalisation Mandate

SEC Nigeria today issued sweeping new minimum capital requirements that will require capital market operators (CMO's) to raise between 200% and 3,400% more capital by June 30, 2027, marking the most aggressive regulatory capital recalibration in Nigeria's capital markets history.

SEC Circular 26-1 (Jan 16, 2026)’s goal is to “strengthen market resilience and systemic stability”. It mandates broker-dealers to pay ₦2B (567% increase). Issuing houses with underwriting: ₦7B (3,400% increase). Tier 1 fund managers: ₦5B.

Why Now?
The 2015 framework failed to account for naira depreciation, inflation, and expanded market complexity. SEC cites the need to "align capital adequacy with evolving risk profiles" and ensure operators "possess sufficient financial capacity to discharge obligations sustainably." Its timing mirrors CBN's bank recapitalisation push.

Who's Affected?
1. Core operators face steepest hikes: Inter-dealer brokers (₦50M→₦2B), standalone dealers (₦100M→₦1B), registrars (₦150M→₦2.5B), trustees (₦300M→₦2B).
2. Digital asset operators formalized:
3. DAX/custodians ₦2B, VASPs ₦300M-₦1B.
4. Market infrastructure: CCPs ₦10B, composite exchanges ₦10B.

What Will Be The Market Impact?
Expect major consolidation. While well-capitalized firms gain acquisition opportunities, smaller operators face stark choices:
a. raise substantial equity capital from shareholders or strategic investors,
b. merge with better-capitalised peers,
c. downgrade licenses to lower-tier categories with reduced service offerings, or
d. exit the market entirely.

The 18-month compliance window creates urgency, but SEC offers case-by-case transitional relief upon application.

The Bottom Line
This is Nigeria's most aggressive capital market regulatory recalibration in history. It reflects a shift from market access to prudential soundness. Operators meeting thresholds gain a competitive advantage; undercapitalised firms face existential pressure.

A new era in stewardship/intermediating business has been unleashed. The countdown to June 2027 has begun.

I agree completely with you sir.
The regulators are not doing enough.
Some of these companies ought to be delisted.

ppogba:
hmmmm!

This is one of the things that highlights regulatory irresponsibility, regulatory connivance and regulatory ineptitude that are nothing but ever present RED flags for the investing public.
There were more like this in the past and there will be more in the future as long as those saddled with regulatory responsibilities will NEVER hesitate to turn their eyes away for the FILTHY LUCRE.

https://open.spotify.com/episode/2Xms5Zlc6jUPRKDEVhsVpk

A few stocks I'd be watching closely in today's trading session. Broader numbers in the video below.


https://www.youtube.com/watch?v=ztYaSvnZm7I

essentialone:
Now that ASO Savings Plc has been delisted from the Stock Market, we only hope that those presently buying Deap Capital Plc and Union Dicon Plc, will learn some lessons, before it is too late...

Aso Savings licence was suspended or withdrawn because it is a financial institution (micro-finance bank) that allegedly violated CBN and NDIC regulations.
Deapcap and Union Dicon are not in the same category as Aso savings, and they cannot be delisted just because they are making losses for now, unless the shareholders and management decide otherwise.

https://www.vanguardngr.com/2026/01/ngx-confirms-listing-of-3-16billion-uba-shares/

… “Following the submission of all post-approval documents, please be informed that United Bank for Africa Plc’s Rights Issue of 3,156,869,665 ordinary shares of 50 Kobo each at N50.00 per share on the basis of one new ordinary share for every 13 ordinary shares held were formally listed on the Daily Official List of Nigerian Exchange Limited (NGX) on , Monday, 12 January 2026”…

“… In November 2024, the bank had raised N239 billion, which elevated its capital base to N355 billion at that time, while the recently concluded rights issue has injected an additional N158 billion, bringing the bank’s total capital to N513 billion.

This latest influx means UBA’s qualifying capital base now surpasses the N500 billion requirement by the Central Bank of Nigeria (CBN), thereby exceeding the recapitalisation minimum for banks with international authorisation.”

Zichis Agro Allied Industries PLC Joins the Exchange!

Be part of this listing on Tuesday, 20 January 2026, at 1:45 PM (WAT) as the company lists on NGX Growth Board, reinforcing the capital market’s role in supporting growth across the agricultural value chain...

ASO SAVINGS and LOANS
Now that ASO SAVINGS has gone, we are all advised to move on and stop sulking.....
We only see the ones with faults, what about the ones that has delivered over 500% for us?
Who do we complain to or merry with?

*In second Samuel 12, David was praying and mourning for the son Uriah's wife had for him, expecting mercy on him, but immediately the son died, he cleaned up and ate.....
Meaning, no remedy again......

* We have more than 50 stocks on NGX to recoup the funds from....
For instance, if anyone had invested in JAIZ or even NCR since when suspension was placed on it, it would have recovered a larger sum of the fund invested on it, if not all.

* This shows the kind of regulations and regulators we have in this country, defiling court orders and telling court to shut up on certain matters.

* This is also a call to those that invested in CBN regulated stocks to be vigilant and do periodic reviews on their holdings...
*One of the reasons I'm not a fan of banking stocks!

When Skye Bank disappeared, we still thank God for life.

It is well with us all.

Ding

yMcy56:
ASO SAVINGS and LOANS
Now that ASO SAVINGS has gone, we are all advised to move on and stop sulking.....

*In second Samuel 12, David was praying and mourning for the son Uriah's wife had for him, expecting mercy on him, but immediately the son died, he cleaned up and ate.....
Meaning, no remedy again......

* We have more than 50 stocks on NGX to recoup the funds from....
For instance, if anyone had invested in JAIZ or even NCR since when suspension was placed on it, it would have recovered a larger sum of the fund invested on it, if not all.

* This shows the kind of regulations and regulators we have in this country, defiling court orders and telling court to shut up on certain matters.

* This is also a call to those that invested in CBN regulated stocks to be vigilant and do periodic reviews on their holdings...
*One of the reasons I'm not a fan of banking stocks!

When Skye Bank disappeared, we still thank God for life.

It is well with us all.

It's well. Eyes wide open on any stock with promising returns. Hopefully the funds will be available when the time comes.

pluto09:
The question should be, is DEAP Capital under special regulations like aso savings? If yes then the warning is apt.

SEC

Wema Bank may announce acquisition of Polaris Bank very soon

customstreet:
Wema Bank may announce acquisition of Polaris Bank very soon

Are they acquiring the merged POLARIS-UNITY entity?

Agbalowomeri:
Are they acquiring the merged POLARIS-UNITY entity?

PROVIDUS is merging with UNITY not Polaris

mikeapollo:
Aso Savings licence was suspended or withdrawn because it is a financial institution (micro-finance bank) that allegedly violated CBN and NDIC regulations.
Deapcap and Union Dicon are not in the same category as Aso savings, and they cannot be delisted just because they are making losses for now, unless the shareholders and management decide otherwise.

Just like ASO Savings Plc was, Deap Cap and Union Dicon Plc are presently also under the Delisting Watch List of NGX and SEC.

yMcy56:
PROVIDUS is merging with UNITY not Polaris

Oh old age don dey worry me

Welcome back

customstreet:
Wema Bank may announce acquisition of Polaris Bank very soon

customstreet:
Wema Bank may announce acquisition of Polaris Bank very soon

Nice to see you here sir. 🙌

Agbalowomeri:
Oh old age don dey worry me

Me sef been think say na providus but my own no be old age triggered

customstreet:
Wema Bank may announce acquisition of Polaris Bank very soon

And then it will leave access behind like a cheetah racing a sloth
@EDUECO

essentialone:
Just like ASO Savings Plc was, Deap Cap and Union Dicon Plc are presently also under the Delisting Watch List of NGX and SEC.

Lol.
The NGX and SEC do not delist companies by themselves unless the shareholders and management of the company decide to delist or the regulatory authority withdraws the operating licence of the company.

But companies in regulated sectors e.g. banks. insurance co. etc. can have their operating licenses withdrawn by the CBN/NDIC, their operations stalled and consequently delisted on NGX.

But if you still do not agree, you may continue enjoying the fantasies of your opinion.

Panadee:
Bros no be you I carry for mind for the post. You have a right to be upset if you believe you’ve been labelled as ‘irresponsible’.

I was referring to the series of posts with many acerbic rebuttals prior to yours. Anyone who wants to emphasise a point can be do so in a more amicable tone so as to maintain civility and decorum on this thread.

No worries 👍

Remain blessed.

No let your babes hear you talk like this ooo. 😃

Agbalowomeri:
Oh old age don dey worry me

Raider76:
No let your babes hear you talk like this ooo. 😃

People wey I dey ask their birthday repeatedly

@mcy. The MM guys for scoa are doing thr thing. They fit push this one like mecure..lol
Na from #3 plus I dey observe them