₦airaland Forum

mikeapollo:
My Staco is showing at 48k in my CSCS
And FTGInsure began its recent rally from 22k

mikeapollo:
Folks, who has been able to buy FTGINSURE recently e.g. within this week?
My brokers says it is still very scare and almost unavailable (the thing has gained 500% and I have missed buying it)

deathwing:
Finally done with my steady accumulation of Custodian. Cost basis N68. Now we pray for the market to do its thing in the years to come.

zendi:
Your broker had his own pickup of the cheap gold to load first.

Had to help himself before you.

Charity begins at self.

SonofElElyonRet:
Yes but in this day and age it's unlikely.. that was then. Hopefully

lavylilly:
it's available na

SonofElElyonRet:
But it can not fall below 50k nawu
Abi zendi ?

aj8:
VeritasKap
Strengths
1. Has a new CEO/MD, a no-nonsense career chief who understands the sector
2. The 2025 statement is looking good with a lot more prudent management and an increase in the investment portfolio. The negative earnings have turned green
3. Earnings 2025 EPS is 0.93 but I consider it even more remarkable coming from a negative 0.57. In other words a move of 0.57 +0.93 =1.50. Compared well to that of Mutual Benefit Assurance
4. Q4 earnings stand alone is 0.42 profit at Q4 was 2,925,972,000 compared to the 2025 UF year of 6,459,407,000 a remarkable surge when compared
5. Common sense strategy is based on an average PE range of 4 and 5 and when the multiples are far outstretched, on the sector’s average PE multiple or the company's PE multiple whichever is lower. Earnings must however be organic or with a high probability of repeat occurrence
6. Veritaskap’s calculations were based on the Q4 earnings and the strength of the new management against the background of Insurance sector reforms.


You may wish to refer to some of my past posts for deeper insight.

Let's see what the Q1 2026 results would come up as: then we can recalculate and restrategize.

I own VeritasKap. But kindly do your research before you jump in.

Stockpromoter:
Prepare for insurance bull.
If custodian insurance settles at N76 today,it is a big sign of insurance bull.

Once Loco insurance index hits 1,400,it will be a breakout phase.

Which insurance stocks are you holding now?

deathwing:
Finally done with my steady accumulation of Custodian. Cost basis N68. Now we pray for the market to do its thing in the years to come.

Stockpromoter:
Updated

Loco Insurance Radar (LIR) – Market Closed Edition
March 4, 2026

NGX Insurance Index: 1,364.84 (+0.33%)

The sector remains inside the 1,350–1,380 accumulation corridor, gradually building pressure.
The 1,400 level remains the key breakout trigger for a broader insurance sector rally.


Insurance Sector Activity
Total Volume: ~217M shares
Total Deals: ~3,400 trades
Total Value: ~₦724M

Sector participation remains healthy with liquidity concentrated in a few recapitalization candidates.

Most Active Stocks (Liquidity Leaders)
• Veritas Kapital — 56.4M shares
• Universal Insurance — 48.3M shares
• Sovereign Trust Insurance — 21.3M shares
• Linkage Assurance — 15.6M shares

These stocks are currently driving sector liquidity.


Top Insurance Gainers

• Consolidated Hallmark Holdings
• LASACO Assurance
• AIICO Insurance


Top Insurance Losers

• SUNU Assurance
• Custodian Investment
• NEM Insurance


Stocks to Watch

Momentum Watch
Veritas Kapital
Universal Insurance
Sovereign Trust Insurance

Accumulation Watch
Royal Exchange
LASACO Assurance
AIICO Insurance
Linkage Assurance
Consolidated Hallmark Holdings

Caution / Possible Pullback
Custodian Investment
SUNU Assurance
Fortis Microfinance Bank


Structure Levels (Loco Framework)

Support: 1,350
Major Support / Bullish Invalidation: 1,300
Resistance: 1,380
Breakout Level: 1,400


Loco’s Tactical Conclusion

The NGX Insurance sector continues quiet accumulation below the 1,400 breakout level. Liquidity remains active in several recapitalization candidates while the index maintains a stable structure within the 1,350–1,380 corridor.

A confirmed breakout above 1,400 could trigger a broad recapitalization rally across insurance stocks.

However, a breakdown below 1,300 would invalidate the current bullish structure.

lavylilly:
AIICO
NEM
AXA

HesInMe:
Abi? If you're going to invest in insurance, a structurally fragmented industry where it's hard to see a durable source of competitive advantage, invest in the current cream of the crop.

essentialone:
What if it was a shell company used by a dead man?

aj8:
Best below 52.90


15.86-5.28=10.58
10.58 x5 =52.90

Below 52.90 seems good if it gets there.

Thank you. I will set my bid around that range

lavylilly:
it's available na

ukay2:
Vitafoam Plc dividend well received....

SonofElElyonRet:
You'll be buying more Staco then?

SonofElElyonRet:
You'll be buying more Staco then?

awesomeJ:
The CBN is concerned about too fast a pace for the appreciation. I learnt they were net takers from the market last week. Almost $200m they bought off sellers, they themselves not having to sell any dollars to the market. They bought off people to avoid too rapid movement.

If you were an FPI that brought in $1bn at N1500, should the currency move too rapidly to N1250, you have a 20% incentive to sell off your debt and have your original N1.5 trn capital now buy as much as $1.2bn worth of cheap dollars.

If all FPIs ran that maths, the demand would be too crazy for the CBN to match, so steady gains are preferred.

I still expect 1200 to 1260 by Q2.
I actually want that. I guess most of us naira earners do.

rmx:
Official almost at 1400

only dollar is gaining others are static , maybe the war , seems paradoxical

frontview:
Please how can I get contact phone number for Citi Investment capital or their trading app. The listed phone number is not working. Thanks

Please I need help on this matter, because CSCS credited my public offer shares of Sterling bank that I purchased through Meristrem account to my Dormant Citi Investment capital limited account so I need to get hold of Citi Investment capital limited to know their platform app. Thanks

megawealth01: