₦airaland Forum

We should help the Senate and FG to draft the law starting with Steel.
Cuz seems that's the next line of Dangote's route
Once he successfully breaks that jinx and begins production and exportation, his steel company should be shut down based on the new senate law and to avoid people calling him "monopoly". He should rather canvass for competitors alongside.

He should also not go into Power sector.

He should massively campaign for competitors who will compete with him before he ventures into any industrialization sector..

The problem is always with the Initiators and risk takers..
He will start controlling g our steel mill and making too much money from selling 24hrs power to Nigerians work 100% coverage to outskirts and hinterlands.
What a "Monopoly".
It's also his fault that other power companies are handicapped or are did not come into existence with him to compete favourable.
How dare Dangote violate the law of the country by offering Nigerians 24hrs supply of light at his chosen price and changing the previous status quo without canvassing for a competitor to compete with Him before embarking on this risky venture!!
What a monopolistic tendency!!

Valthegreat:
Loco if what you mean by the bolded is the ongoing NAICOM sanctioned recapitalization requirements FTG is yet to meet it o!
In other words dilution is still coming as they are to raise more funds by April this year to meet up

This is the more reason the share price needs to still go up the more....
It's drinking water first...
We are waiting on the MM to do the needful while the fearful follows to scramble the pie 😁

yMcy56:
This Oga, you wan put Mcy for trouble here ni?

Na you be our chief whip nah

Stockpromoter:
Staco insurance is another insurance company undergoing restructuring at the moment.
The stock will soon be lifted from suspension and will not be available in the market till it gets to N2.
The stock is coming up with a healthy balance sheet that can meet recapitalization.
When the Insurance rally for recapitalization begins,these stocks that has foreign core investors like Ftginsure, staco & co will not trade below N5.

You can look for staco now at off market price before it is lifted.

No seat for you at secondary market when lifted

How we go see Staco at off market price?
Refer us nah. Shebi na you recommend

Wetin man fit do with TransPower? Money is just tied down there permanently. No capital gains, rubbish dividends

What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

chimex38:
I think to pacify you and others,
Nigerian Senate should enact a law that nobody should venture into a new business in isolation..
If there are not up-to 3 to 5 competing entities and above venturing into any niche and risky unique production venture to help the population.

We should rather not have that production in the first place.. All industrialization and production venture halted for lack of competitors. Even when the venture is risky and the "monopolist " isn't guaranteed to succeed, no single person or entity should be given approval and support to undergo what will improve benefit to the nation from the statusquo for the sake of "monopoly"

Yes..lets use our hand to stall our growth and industrial development in new areas so that we can pacify the "monopoly" crew.

OANDO
Back on full bid @54.65....

ARADEL turned green.....@1340
Up with 39.60 as at now...

SEPLAT: Warming up....
My Oga on top is still very much bullish on this one!
Seems they already placed the 100k that will move it for today at 10k+

It's well

https://open.spotify.com/episode/5cqAAV3tZutsXQfBuATPLO

Midday NGX update

Reading between the lines, I detect a tone of envy/bitterness at DANGREFINE.
We should be grateful, Alhaji decided to brave the odds.
Now MANY refineries are in the works (some at 75% completion).

Stop abusing the word MONOPOLY!

jckgroup1:
I have read views and opinions but we all agree that DangRefine is a business and it's all about making money and not to serve/benefit the masses primarily.

I still stand with my view that we need two or more mega refineries, as monopoly has never served/benefitted the masses.

I appreciate the huge contribution of DangRefine to the nation but we need more refineries and even Impoorrters. Free market economy and resultant cheaper alternatives than monopoly. Hence, it may seem that I don't appreciate DangRefine but I don't celebrate monopoly either.

Absolute power corrupts absolutely

ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

Either you gerrit or you don't...
#LearnToFollowConvo

ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

It is called sarcasm, the use of irony to convey a message

Will Universal Insurance Survive the Recapitalization? (Latest Update)


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

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

NGX Midday Update for today.

Hold your PZ tight.

It flew over your head

ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

Exactly... They are throwing the monopoly word around just to mask their real bolded emotions.

KarlTom:
Reading between the lines, I detect a tone of envy/bitterness at DANGREFINE.
We should be grateful, Alhaji decided to brave the odds.
Now MANY refineries are in the works (some at 75% completion).

Stop abusing the word MONOPOLY!

I am not convinced.

Modified
Okay, I just read his sequence and my conviction has increased to like 55% but...

KarlTom:
It flew over your head

SonofElElyonRet:
How we go see Staco at off market price?
Refer us nah. Shebi na you recommend

Meet your broker.
I got 3 million units of fortis from one broker during technical suspension at 50kobo before it was lifted.

If you can get staco at 90-1.00 from brokers now it is still on suspension,the better for you.
Staco will not be available till N2 junction when lifted

Stockpromoter:
Meet your broker.
I got 3 million units of fortis from one broker during technical suspension at 50kobo before it was lifted.

If you can get staco at 90-1.00 from brokers now it is still on suspension,the better for you.
Staco will not be available till N2 junction when lifted

The Staco in my CSCS is showing at 48k

mikeapollo:
The Staco in my CSCS is showing at 48k

Current price is 0.48.
Anyone who wants staco must buy at premium.Thats the only way to get a good units of it.

I am bidding with some holders of the stock.
I will be more serious when they release all the outstanding results

SonofElElyonRet:
Na you be our chief whip nah

How many meters cane did you buy for her for the whipping?

My average entry price for bua cement was 76.

I mistakenly sold all at 224 while trying to take some profits.

I am now confused on what do.

Should I jumped back in with minimal loss or wait for pull back or just moved on to another stock.

I need advice please

Itzlinda:
My average entry price for bua cement was 76.

I mistakenly sold all at 224 while trying to take some profits.

I am now confused on what do.

Should I jumped back in with minimal loss or wait for pull back or just moved on to another stock.

I need advice please

Na small profit make you share with me biko.

Itzlinda:
My average entry price for bua cement was 76.

I mistakenly sold all at 224 while trying to take some profits.

I am now confused on what do.

Should I jumped back in with minimal loss or wait for pull back or just moved on to another stock.

I need advice please

And you chopped all the money alone?
Is that good?
Human beings!

ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

It is called irony!!!!!!

FTGINSURE closed @1.46....
Where's Mega that says it's going back to base?
Maybe you'll still contemplate picking @2 later later or you Chase the molue 😁

Meanwhile, they couldn't move SEPLAT with +10% today....
Strategizing probably?

** As it is now, SEPLAT is considered undervalued in comparison with ARADEL

** Update**
Trump says Iran war may end soon
Move to calm oil market

https://nairametrics.com/2026/03/10/trump-says-iran-war-may-end-soon-moves-to-calm-oil-markets/

Nice sarcasm.

chimex38:
We should help the Senate and FG to draft the law starting with Steel.
Cuz seems that's the next line of Dangote's route
Once he successfully breaks that jinx and begins production and exportation, his steel company should be shut down based on the new senate law and to avoid people calling him "monopoly". He should rather canvass for competitors alongside.

He should also not go into Power sector.

He should massively campaign for competitors who will compete with him before he ventures into any industrialization sector..

The problem is always with the Initiators and risk takers..
He will start controlling g our steel mill and making too much money from selling 24hrs power to Nigerians work 100% coverage to outskirts and hinterlands.
What a "Monopoly".
It's also his fault that other power companies are handicapped or are did not come into existence with him to compete favourable.
How dare Dangote violate the law of the country by offering Nigerians 24hrs supply of light at his chosen price and changing the previous status quo without canvassing for a competitor to compete with Him before embarking on this risky venture!!
What a monopolistic tendency!!

SonofElElyonRet:
Na you be our chief whip nah

Abeg, just allow make I dey make my noise jejely.

The chief whip should go to Standardguy or so....
Even though na OANDO posters dey vex am pass 😁

Fortis Global Insurance with more hype became available at 72/79 kobo but Staco won't be available till 2 naira?

Odiegwu

Stockpromoter:
Meet your broker.
I got 3 million units of fortis from one broker during technical suspension at 50kobo before it was lifted.

If you can get staco at 90-1.00 from brokers now it is still on suspension,the better for you.
Staco will not be available till N2 junction when lifted

That's NAIJA for you na

mikeapollo:
There is no regulation or law that says nobody should build a refinery. So DangRefine is not a monopoly in the real sense.
Anybody that can take risk with his/her $5b; $10b; $15b; etc. to build a refinery (inside NUPENG and PENGASSAN wahala) is also welcome.

Many people have failed to build, and when one person struggles to build something, we start calling him a monopoly! How ironic

The political calculations go soon clear for our eyes...

Let the wise take a huge risk at their own counsel because of Wale

mikeapollo:
I agree with your hallucinations

Someone should wake me up when Wale start work on OANDO maybe from 100+

One is RISKY, Wale is up to something maybe to PRINT, MINT or DEFLAT

yMcy56:
OANDO
Back on full bid @54.65....

ARADEL turned green.....@1340
Up with 39.60 as at now...

SEPLAT: Warming up....
My Oga on top is still very much bullish on this one!
Seems they already placed the 100k that will move it for today at 10k+

It's well