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Nigerian Stock Exchange Market Pick Alerts - Investment (10220) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:57pm On Mar 09
If not for Alhaji una for dey buy fuel close to 1500 by now
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!
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:58pm On Mar 09
VFDGROUP
This stock better behave well because we've been patiently waiting since all these days... sad

I honestly don't know why it's still not trading above 20 by now......when stocks without revenue were trading @300/400% gain! shocked

Started moving at some point, then reversed back again.
Anyone with private info abeg make una hint us o

Well, by ending of this month we'll know what's up..
Re: Nigerian Stock Exchange Market Pick Alerts by Stockpromoter(m): 2:59pm On Mar 09
LOCO MARKET CONTROL DESK – INSURANCE SECTOR UPDATE
Market Closed Edition | Monday, 9 March 2026

3-Line Market Insight
The NGX Insurance Index closed sharply lower as the sector experienced broad profit-taking after last week's rally. Tier-1 leaders weakened and speculative recap stocks faced heavy selling pressure. The index now sits below the key 1,300 structure level, placing the sector in a short-term defensive phase.

NGX Insurance Index
Open: 1,334.36
High: 1,334.36
Low: 1,285.97
Close: 1,293.71 (-3.05%)

Structure Levels
Support: 1,285 → 1,250
Resistance: 1,300 → 1,350 → 1,380

Bullish structure requires the index to reclaim 1,300 quickly.

Loco Top 3 Trades of the Day

1. Fortis Global Insurance – strongest speculative volume
2. AIICO Insurance – steady institutional activity
3. LASACO Assurance – resilience during sector selloff

Market Energy Meter: Low
Risk Level Indicator: High
Momentum Surge Alert: No strong bullish momentum today.

Tier-1 Leadership Check
Custodian Investment – 81.90 (flat)
NEM Insurance – 31.30 (declined)
AXA Mansard – 16.00 (declined)

Leadership confirmation did not hold today, contributing to the index decline.

Sector Breadth
Gainers: 3
Losers: 16

Top Gainers
Prestige Assurance +3.11%
LASACO Assurance +0.41%
WAPIC Insurance +0.31%

Top Losers
SUNU Assurance −9.81%
Guinea Insurance −9.03%
Cornerstone Insurance −7.56%

Insurance Trading Picks (Active Liquidity)
AIICO Insurance
LASACO Assurance
Veritas Kapital
WAPIC Insurance

Speculative Recapitalization Plays
Fortis Global Insurance
Sovereign Trust Insurance
Regal Insurance
Guinea Insurance
Universal Insurance

Royal Exchange Tactical Watch
Close: 1.85
Volume: 3.98M

Royal Exchange continues to hold above the 1.80 support zone with moderate activity. A breakout will require sustained volume expansion and sector recovery.

Next-Day Trading Levels (Index Watch)
Reclaim 1,300 = recovery attempt
Below 1,285 = deeper correction risk

Week-to-Week Insurance Index Tracker
Last Week Close (Mar 6): 1,334.36
Current Close (Mar 9): 1,293.71
Change: −40.65 points

Loco’s Tactical Conclusion
The insurance sector opened the new trading week with profit-taking following last week’s rally in Sovereign Trust, Fortis Global and Custodian. The drop below 1,300 signals a temporary cooling phase, but the recapitalization narrative remains the long-term driver for the sector. A recovery above 1,300 will restore bullish structure and could restart the move toward the 1,350–1,380 pre-breakout zone. Traders should focus on liquid insurance stocks while monitoring Tier-1 leadership for confirmation of the next sector move.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:59pm On Mar 09
grin
yMcy56:
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 shocked
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:06pm On Mar 09
Re: Nigerian Stock Exchange Market Pick Alerts by Stockpromoter(m): 3:08pm On Mar 09
wiki15:
Fortis Global Insurance with more hype became available at 72/79 kobo but Staco won't be available till 2 naira?

Odiegwu
Abeg follow Loco index summary
This one na insider monkey hunting oooo.
Staco insurance wey they don park finish off market.
Na when suspension is lifted we go know how far.
Another Fortis Global in making
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:09pm On Mar 09
megawealth01:
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 grin
Be careful oooo.....some people may start having headache and complain about your ''fixation'' on Oando oooo. grin grin
They forget that everyone here is the CEO of his/her portfolio and we all cannot have the same strategy for our trade or investment plan.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:11pm On Mar 09
megawealth01:
If not for Alhaji una for dey buy fuel close to 1500 by now
Even N2,000 sef.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:16pm On Mar 09
One thing is certain, there is a political calculations around OANDO which will either MINT or DEFLATE...

WALE and his boys are up to something that only him can explain in the days ahead...

Na you I dey talk to ooooo abeg OANDO haterz should avoid me ooooo 🥺

I already warned people that wanted to enter Oando should remember the huge Wale risks
mikeapollo:
Be careful oooo.....some people may start having headache and complain about your ''fixation'' on Oando oooo. grin grin
They forget that everyone here is the CEO of his/her portfolio and we all cannot have the same strategy for our trade or investment plan.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:21pm On Mar 09
ARADEL. +3.05%
CONOIL. +10.00%
ETERNA. +9.92%
OandO. +9.96%
SEPLAT. ±
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:23pm On Mar 09
megawealth01:
One thing is certain, there is a political calculations around OANDO which will either MINT or DEFLATE...

WALE and his boys are up to something that only him can explain in the days ahead...

Na you I dey talk to ooooo abeg OANDO haterz should avoid me ooooo 🥺

I already warned people that wanted to enter Oando should remember the huge Wale risks
Anyhow anyhow, I know something go happen one day....sooner or later.
@Bagwa dropped some hints.... he seems to know a lot and his hints are mostly genuine
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 3:40pm On Mar 09
Stockpromoter:
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
Caveat don dey enter
Re: Nigerian Stock Exchange Market Pick Alerts by elpaso007: 3:41pm On Mar 09
Hi. Good afternoon. Can you confirm if you have you been credited with the bonus shares as well? There was a proposed bonus of 1 for 5 besides the #3 dividend. As anyone else been credited with these? Thanks @Sunrisepebble
ukay2:
Vitafoam Plc dividend well received....

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:45pm On Mar 09
Dividends?

That bonus is sweeting me just that no date yet
mikeapollo:
Anyhow anyhow, I know something go happen one day....sooner or later.
@Bagwa dropped some hints.... he seems to know a lot and his hints are mostly genuine
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:46pm On Mar 09
OANDO the rejected stone because of Wale now what again?

PETERICHY go soon regret selling?grin
KarlTom:
ARADEL. +3.05%
CONOIL. +10.00%
ETERNA. +9.92%
OandO. +9.96%
SEPLAT. ±
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:02pm On Mar 09
megawealth01:
Dividends?

That bonus is sweeting me just that no date yet
Yes. If they manage to pay cash dividend of any amount, they could use it to jack up the price.

The bonus to be distributed this Mar2026 is for qualifying date of 30-Jun-2025
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 4:06pm On Mar 09
yMcy56:
VFDGROUP
This stock better behave well because we've been patiently waiting since all these days... sad

I honestly don't know why it's still not trading above 20 by now......when stocks without revenue were trading @300/400% gain! shocked

Started moving at some point, then reversed back again.
Anyone with private info abeg make una hint us o

Well, by ending of this month we'll know what's up..
It’s going through a lot. I will accumulate more once I get funds.

When do you think the RI will be credited?
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 4:17pm On Mar 09
KarlTom:
ARADEL. +3.05%
CONOIL. +10.00%
ETERNA. +9.92%
OandO. +9.96%
SEPLAT. ±
Downstream seem to be catching up..
Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 4:23pm On Mar 09
elpaso007:
Hi. Good afternoon. Can you confirm if you have you been credited with the bonus shares as well? There was a proposed bonus of 1 for 5 besides the #3 dividend. As anyone else been credited with these? Thanks @Sunrisepebble
For the bonus you will exercise patience well well.It is subject to approval from SEC and it takes time.For example the bonus shares declared by Regency Alliance insurance from last year till now is yet to be allocated.

Meanwhile be reaching to the registrars they will give you update.
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:48pm On Mar 09
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 5:01pm On Mar 09
I dont commot madam. Reinvesting in Dangte Refinery.
Better now so the price dont go lower.

yMcy56:
VFDGROUP
This stock better behave well because we've been patiently waiting since all these days... sad

I honestly don't know why it's still not trading above 20 by now......when stocks without revenue were trading @300/400% gain! shocked

Started moving at some point, then reversed back again.
Anyone with private info abeg make una hint us o

Well, by ending of this month we'll know what's up..
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m):
Raider76:
Oil Prices Drop as the G7 Considers Releasing Up to 400 Million Barrels

Group of Seven finance ministers said they were ready to take any steps needed to support global energy supply, including releasing strategic oil reserves — although the group isn’t at the point of doing so yet.

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Drop-as-the-G7-Considers-Releasing-Up-to-400-Million-Barrels.html
For THOSE that THINK oil PRICES are coming down anytime soon should have a RETHINK....

Brent will soon hit $200
Likewise OANDO too will soon hit #200.

DON'T be left out in this LIFETIME OPPORTUNITY .

BARGAIN HUNTERS TAKE NOTE!

Re: Nigerian Stock Exchange Market Pick Alerts by iskalamong(m): 5:17pm On Mar 09
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.
Sarcasm bro

Sarcarsm

Iskalamong!
.

.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:34pm On Mar 09
OANDO now lifetime opportunity? PETERICHY have mercy on newbies na grin
PETERiCHY:
For THOSE that THINK oil PRICES are coming down anytime soon should have a RETHINK....

Brent will soon hit $200
Likewise OANDO too will soon hit #200.

DON'T be left out in this LIFETIME OPPORTUNITY .

BARGAIN HUNTERS TAKE NOTE!
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 5:38pm On Mar 09
elpaso007:
Hi. Good afternoon. Can you confirm if you have you been credited with the bonus shares as well? There was a proposed bonus of 1 for 5 besides the #3 dividend. As anyone else been credited with these? Thanks @Sunrisepebble
@elpaso007, when it comes to bonus, it's not like cash dividend that has a set date for payment; there are many protocols involved from regulators before it can be credited to qualified shareholders. In the NGX, some bonuses declared more than a year ago have still not been credited till now.
For bonus, once you know you are qualified, there's just one thing you should do: be patient it's when you see you get.
Re: Nigerian Stock Exchange Market Pick Alerts by Itzlinda(f): 5:57pm On Mar 09
Agbalowomeri:
Na small profit make you share with me biko. grin
grin grin grin

I am looking for another entry una wan still reduce my capital grin

make una pity me now
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 6:35pm On Mar 09
It will help your cause if Oando will announce that they are suspending their plan to do RI at N50 though.


PETERiCHY:
For THOSE that THINK oil PRICES are coming down anytime soon should have a RETHINK....

Brent will soon hit $200
Likewise OANDO too will soon hit #200.

DON'T be left out in this LIFETIME OPPORTUNITY .

BARGAIN HUNTERS TAKE NOTE!
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 6:36pm On Mar 09
Abeg, what is it that people are seeing in this VFD that I'm missing? I get that they have slick marketing, but where are you seeing repeatable, profitable growth?

Every time I ask, all I get back is big-vision English.

handsomebolanle:
It’s going through a lot. I will accumulate more once I get funds.

When do you think the RI will be credited?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:37pm On Mar 09
grin grin

Itzlinda:
grin grin grin

I am looking for another entry una wan still reduce my capital grin

make una pity me now
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 6:40pm On Mar 09
NGXGROUP at N166 shocked
Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 7:02pm On Mar 09
https://open.spotify.com/episode/3Cakzzz7cmOonMvAZ2Kgxy

A summary of today's trading session on the NGX
Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 8:10pm On Mar 09

https://www.youtube.com/watch?v=JQR_6tK37u8

NGX daily market summary for today.
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