₦airaland Forum

Itzlinda:
How?

I don’t think the hedge will cause them to lose money. Rather, it means they won’t benefit from additional gains if prices rise above the contracted level. The only real loss would occur if the cost of production increases beyond the fixed price.

Ding!!!

megawealth01:
Na UNITY BANK the whole world is expecting even those that spoke against it will rush the babe😘

Providus-Unity is the 9th largest bank, even at this stage

wanaj0:
To all the gurus and gugurus eku market ooo

The bulls are raging. As it happens during flood/high tide, all boats are lifted.

Let us enjoy the season and prepare for the low tide season when everything will be exposed.

Congrats.

Welcome Boss

When is the listing? By IPO or what mode?

mikeapollo:
Providus-Unity is the 9th largest bank, even at this stage

WHAT WILL NIGERIA INDEC FO TODAY!

GeeKudi:
When is the listing? By IPO or what mode?

Most likely listing by introduction first, to be followed by PO (according to @Megawealth01).
I guess it may be in Q2 2026

Jaiz looks as if it is resting pending another move after the next result. Also being mindful of the capitalization expiry which is getting closer.
.

Kaczynski:
Conoil
Jaiz
Honeywell

Go hard or go home.

Is Custodian still an Insurance company at N82.00 ?

essentialone:
Is Custodian still an Insurance company at N82.00 ?

That is one more reason why banks like UBA, Access appear grossly undervalued

essentialone:
Is Custodian still an Insurance company at N82.00 ?

Someone once mentioned here that it might reach N80. I believe Osita said something about it, and even Oga Agba told us to see their 2026 Q1 results.

Maximum respect Sir.

wanaj0:
To all the gurus and gugurus eku market ooo

The bulls are raging. As it happens during flood/high tide, all boats are lifted.

Let us enjoy the season and prepare for the low tide season when everything will be exposed.

Congrats.

Isn't insurance just part of the business? Is 82 too much?

essentialone:
Is Custodian still an Insurance company at N82.00 ?

In an unbelievable turn of events, Fortis Insurance has been pushed up above the prices of:

Regency Alliance Insurance
Unversal Insurance, and
Guinea Insurance


Is Fortis Insurance going to be the next Zichis Plc, or are those 3 stocks going to be positively affected by the Rally on Fortis Insurance?

Thank you Loco index for showing Loco the best disciplined way of trading.

I never knew I can make something from custodian until now.

Follow Loco index for stock picks.
It's really working for traders.

Once 1,400 is triggered,it's all about breakout

essentialone:
Is Custodian still an Insurance company at N82.00 ?

That should be an eye opener to all insurance stocks.

Stanbic and Gtb shewed other banks the leg and they followed up later.Today we all can see where zenith & co are now.

My advice is let patient insurance traders or investors position on the insurance stocks and wait for re-rating.It will surely come in the next 3-4 months.

Make the custodian wait first sha. My average cost is N69 and I'm literally tired of buying stocks everyday on the NGX. Make e just chill for 60-70 region until my brain clear by month end. I want it to be my next aradel sha.

pluto09:
Welcome Boss

My Oga at the top I throway salute

megawealth01:
I tire o something that has been available since crossing 1 naira. Na me just no wan insurance wahala

it's like you had a really bad experience with insurance stock

“lNot necessarily. In a fragmented industry like insurance, today’s ‘cream of the crop’ can quickly become tomorrow’s average player. Sometimes the real opportunity is identifying the companies quietly building structural advantages—better underwriting discipline, technology, or distribution—before the market recognizes them.

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.

Insurance Sector Outlook – Gradual Move Toward 1,420

If Custodian Investment Plc stabilizes around the ₦84 level, the NGX Insurance Index could realistically push toward 1,420 before the end of March 2026.

Custodian is one of the key Tier-1 leadership stocks in the insurance sector. When it strengthens and maintains higher price levels, it usually reflects institutional confidence in the sector, especially during the recapitalization positioning phase.

What This Means for the Sector

• Custodian holding ₦82 – ₦84 keeps bullish pressure in the sector.
• Other Tier-1 stocks like NEM Insurance and AXA Mansard may follow with upward momentum.
• Capital rotation can then extend into Tier-2 stocks such as AIICO, Royal Exchange, Veritas Kapital, Mutual Benefits, and others.

Index Projection

If this leadership structure holds:

- 1,380 – Pre-breakout pressure zone
- 1,400 – Major breakout trigger
- 1,420 – Possible target before end of March if momentum continues

Key Requirement

For this move to happen, the insurance sector must maintain strong participation, ideally with daily volumes trending toward 150M – 250M shares across the sector.

Loco Tactical View

The insurance sector appears to be climbing gradually toward a breakout structure.
If Custodian stabilizes near ₦84, the 1,420 index level becomes achievable before the end of March 2026.

The move may not happen in one day — but the structure is gradually building toward that level.

https://doclib.ngxgroup.com/Financial_NewsDocs/46222_LINKAGE_ASSURANCE_PLC-NOTICE_OF_RIGHTS_ISSUE_CORPORATE_ACTIONS_MARCH_2026.pdf

Linkage Assurance Rights Issue at N1.32 is out...

essentialone:
Is Custodian still an Insurance company at N82.00 ?

Custodian is now an investment/holding company.

essentialone:
In an unbelievable turn of events, Fortis Insurance has been pushed up above the prices of:

Regency Alliance Insurance
Unversal Insurance, and
Guinea Insurance


Is Fortis Insurance going to be the next Zichis Plc, or are those 3 stocks going to be positively affected by the Rally on Fortis Insurance?

Drama .. could've bought Fortis at 79k circa but didn't want to end up holding the bag.. safety of funds

FCMB Group signals possible delay in publishing 2025 audited performance, states reason

https://nairametrics.com/2026/03/05/fcmb-group-signals-possible-delay-in-publishing-2025-audited-performance-states-reason/

4willer:
FCMB Group signals possible delay in publishing 2025 audited performance, states reason

https://nairametrics.com/2026/03/05/fcmb-group-signals-possible-delay-in-publishing-2025-audited-performance-states-reason/

Access submitted their report early to CBN with dividend proposal, which makes me feel that the performance is not bad.

The management of the NGX should meet with CBN to work out modalities for banks to meet NGX filing requirements as per regulation. Banks and all stakeholders obey CBN regulations strictly. CBN must also respect and comply with the regulations of other institutions, especially those of the NGX where banks go to for capital raising.

4willer:
FCMB Group signals possible delay in publishing 2025 audited performance, states reason

https://nairametrics.com/2026/03/05/fcmb-group-signals-possible-delay-in-publishing-2025-audited-performance-states-reason/

wanaj0:
Custodian is now an investment/holding company.

Long time big boss!
When I first saw the moniker, I had to check the date on the post, I'd thought I landed at the middle of the thread....😁
Nice to see you back here sir 🙌👏🌹🎊🌹

Surprised no one has asked him about the market and where we are yet 🤗

SonofElElyonRet:
Drama .. could've bought Fortis at 79k circa but didn't want to end up holding the bag.. safety of funds

Drama… you could have bought Fortis at 79k but the fear of “holding the bag” stopped you. But in the insurance sector right now, there is hardly any company you can hold the bag for long.

All the insurance companies are currently fighting for recapitalization, strengthening their balance sheets and going through internal restructuring to meet the new capital requirements.

Because of this, most of them are repositioning for growth and attracting smart money into the sector.

Sometimes the real risk is not holding the bag… the real risk is waiting too long while the sector quietly rerates.

Been reading up on this ANOH gas field stuff. Interesting. Does it still make sense to pile into SEPLAT at this price?

Fortis Global insurance
Many investors are overlooking a key factor about Fortis Global Insurance.

The company is not just another small insurance firm in the sector. A foreign investment group, Endura Investment Global Ltd, came in and acquired a significant stake in the company and participated in the restructuring process. This move helped reposition the company financially and operationally.

Following the restructuring, Fortis Global moved from a negative shareholders’ equity position to a strong positive balance sheet. That kind of turnaround usually signals deeper long-term strategic plans and improved corporate governance.

When foreign investors step into an insurance company during a recapitalization cycle, it often means they see long-term value and growth potential.

Because of this positioning, Fortis Global may eventually be rated ahead of some smaller insurance companies such as Universal Insurance, Guinea Insurance, Linkage Assurance and similar low-capital players in the sector.

With recapitalization now pushing all insurance companies to strengthen their capital base, firms that already have restructuring momentum and strategic backing could have a clear advantage going forward.

essentialone:
Is Custodian still an Insurance company at N82.00 ?

It is not an insurance company. Custodian is a financial supermarket. They have a stockbroking firm, an asset management firm, insurance company, property development company and a REIT.