₦airaland Forum

Ecobank (NGX: ETI) Stock Analysis | Elliott Wave Triangle Forming? Nigerian Bank Stocks Outlook


https://www.youtube.com/watch?v=WvUo9nNKNn4

Mpeace:
Hmmm. I never see this kind jump before oh

"Oil prices cool 30% rally on G7 emergency reserve talks; Iran supply fears mount"

https://www.investing.com/news/commodities-news/oil-prices-jump-to-111barrel-as-iran-war-sparks-heightened-supply-fears-4548649

Ding!!!

Ding

OandO

LOCO INSURANCE INDEX – STOCKS TO WATCH
Monday, 9 March 2026

---

TIER-1 LEADERSHIP WATCH (Index Drivers)

Custodian Investment Plc
NEM Insurance Plc
AXA Mansard Insurance Plc

These stocks determine whether the Insurance Index can push back toward 1,350–1,380.

---

ACTIVE MOMENTUM STOCKS (Trader Liquidity)

AIICO Insurance Plc
LASACO Assurance Plc
Veritas Kapital Assurance Plc
WAPIC Insurance Plc
Mutual Benefits Assurance Plc

Most liquid stocks for short-term trading moves this week.

---

EXTENDED MOMENTUM (Already Ran)

FTGINSURE (Fortis Global Insurance Plc)
Sovereign Trust Insurance Plc

Watch for continuation breakout or consolidation after strong rallies.

---

SPECULATIVE RECAPITALIZATION WATCH

Regal Insurance Plc
Guinea Insurance Plc
Universal Insurance Plc
Prestige Assurance Plc

High-risk stocks that can move quickly when recap momentum spreads.

---

QUIET ACCUMULATION WATCH

Royal Exchange Plc
SUNU Assurance Plc
Cornerstone Insurance Plc
Linkage Assurance Plc

Possible next-rotation candidates if sector momentum expands.

---

TODAY’S TRADING FOCUS

Custodian Investment Plc
NEM Insurance Plc
AIICO Insurance Plc
LASACO Assurance Plc
FTGINSURE (Fortis Global Insurance Plc)
Sovereign Trust Insurance Plc

---

THIS WEEK’S MOMENTUM WATCH

Veritas Kapital Assurance Plc
WAPIC Insurance Plc
Mutual Benefits Assurance Plc
Regal Insurance Plc
Guinea Insurance Plc

Europe will be like "Who send Trump and Israel this kind war now". If this war persist and and oil prices continue to rise, the price of gas will increase, heating during winter will increase, God help any of them that has an election this year, the electorate will just pour out their frustration on them for something that they did not cause.

Human nature is really very fickle and emotional.

jckgroup1:
Question for you.

What happened to Naira for crude deal? What happened to locally sourced crude or does it come through the strait of Hormuz?

What happened to crude stock? What happened to refined stock? And Reserve if any? Has Nigerians consumed all?

Three or more Dangotes and Nigerians will be alright. Monopoly has never served or benefited the masses.

''Naira for crude'' simply means FG would sell crude oil to DR at the international price in dollars, but payment for it in naira.
If FG keeps increasing the dollar price of crude that they sell to DR, then the naira pump price will also keep increasing.
NNPC or relevant FG agency is supposed to have crude stock as a strategic buffer in emergency situations like this, but I doubt is they do.
DR's job is to refine and sell to the public. They cannot be keeping reserves for the country.

KarlTom:
OandO

Just chill.
Your efforts will not go unrewarded, remember.

ghm:
Yes. Most of the IOCs also have refineries. There was a time that one of them have 30 refineries (before divesting some of them). They won't ground their own interests because their host countries now have a functioning refineries.

Exactly.

PETERiCHY:
Of course OANDO will sell for #200


BARGAIN HUNTERS TAKE NOTE!

OANDO on full bid !!!!!!!!

kilometer #200 is not Farfetch


BARGAIN HUNTERS TAKE NOTE!

ojesymsym:
Europe will be like "Who send Trump and Israel this kind war now". If this war persist and and oil prices continue to rise, God help any of them that has an election this year, the electorate will just pour out their frustration on them for something that they did not cause.

Human nature is really very fickle and emotional.

those who have crude but lack refining capacity can have a bilateral MOU with those with refining capacity but lack crude.
Buh if you lack both?
O pari
Kuku embrace Green energy with all your strength, might and will power

Would the crisis have some effects on the average production cost per barrel of crude? because if production cost stays relatively the same as before this surge in price or, maybe with only a marginal increase, OANDO's journey out of its woes may just have received 'divine' intervention

mikeapollo:
Just chill.
Your efforts will not go unrewarded, remember.

Why not just take the company private since all they'd o is buy their own illiquid shares?

zendi:
Oil to the moon !

Will Oando follow, or remain on Earth ?

Dd fst b4 u Ji.

Oil prices likely to remain elevated for long, because crisis likely to linger on.

Iran has selected a Harder-line son to succeed his Hardline Supreme Leader father.

Immediate challenge though is where to hide the new god from Israel.

deathwing:
Why not just take the company private since all they'd o is buy their own illiquid shares?

They should just delist from the NGX and become private.

FTGINSURE
Available today..
Where are those queing to buy?
Now that is available, some of them go don hold their cash.....when it's scarce, you start pursuing it.....human beans....😊

He is probably not in Iran, otherwise, I doubt if he has more than 48 hours left before seeing his father.

zendi:
Oil prices likely to remain elevated for long because tensions and disruptions in the Region likely to linger on.

Iran has selected a Harder-line son to succeed his Hardline Supreme Leader father.

Immediate challenge though is where to hide the new god from Israel.

GeeKudi:
Would the crisis have some effects on the average production cost per barrel of crude? because if production cost stays relatively the same as before this surge in price or, maybe with only a marginal increase, OANDO's journey out of its woes may just have received 'divine' intervention

For countries or companies that import raw crude oil and refine locally, the crisis would increase the average production cost per barrel.
For upstream companies that produce and export crude e.g. Seplat, Oando, the average production cost might not be affected much. But how much they would gain from the price rally might depend on how much forward sales they still have to deliver and the price in the forward contract.

It's currently available!

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)

Ah! May the forward contracts favour OANDO o

mikeapollo:
For countries or companies that import raw crude oil and refine locally, the crisis would increase the average production cost per barrel.
For upstream companies that produce and export crude e.g. Seplat, Oando, the average production cost might not be affected much. But how much they would gain from the price rally might depend on how much forward sales they still have to deliver and the price in the forward contract.

FTGINSURE

Those who bought at the top today would be losing 20% of their funds.

NGX - magic at its peak.

Full bid 10:10AM

Full offer 10:20AM

Waoooooo

They don't understand my PARABLES...

Please make una no mind PETERICHY ooooo

Wale is still the chief in OANDO to avoid name calling

PETERiCHY:
OANDO on full bid !!!!!!!!

kilometer #200 is not Farfetch


BARGAIN HUNTERS TAKE NOTE!

KarlTom:
It's currently available!

Available on full offer; buy one get one extra!

FTGINSURE that will go back to carpark

kintus:
FTGINSURE

Those who bought at the top today would be losing 20% of their funds.

NGX - magic at its peak.

Full bid 10:10AM

Full offer 10:20AM

Waoooooo

Take the lead.

yMcy56:
FTGINSURE
Available today..
Where are those queing to buy?
Now that is available, some of them go don hold their cash.....when it's scarce, you start pursuing it.....human beans....😊

You mean political calculations?

GeeKudi:
Ah! May the forward contracts favour OANDO o

PETERiCHY:
OANDO on full bid !!!!!!!!
kilometer #200 is not Farfetch
BARGAIN HUNTERS TAKE NOTE!

Peter, this your deceitful lifestyle though!
The stock you sold already at 45 and sold the remaining@50....then possibly jumped in quickly this morning...
You're now posting as if you're in the bus...
Kwantinue you hear....🤔

The abracadaba is classic.

We got dribbled last week Monday - few offer then went back to full bid the entire week.

megawealth01:
FTGINSURE that will go back to carpark

ETERNA

KarlTom:
OandO

kintus:
FTGINSURE

Those who bought at the top today would be losing 20% of their funds.

NGX - magic at its peak.

Full bid 10:10AM

Full offer 10:20AM

Waoooooo

Anybody that follows Loco index must have seen it addressed in our pre-market summary.
It is expected.
Note: Fortis completed recapitalization restructuring before being lifted from Technical suspension.
I don't think they are coming for right issue or fund raising this period others are raising funds.
Still keep eyes for northern journey after some pullback.

PREMIER PAINTS holders/MM have woken up?
I used to think they don't need capital appreciation...