₦airaland Forum

Itzlinda:
I just de press my calculator anytime the price goes up. 😂

I'm 1m plus down 😂😂😂

It's not easy to lose million in this economy

Itzlinda:
I just de press my calculator anytime the price goes up. 😂

I'm 1m plus down 😂😂😂

It's not easy to lose million in this economy

jonnysessy:
Zenith Bank for N100 today.

If you are not in, you can still jump in (monkey hunting ). I believe the dividend will be worth your while.

faoogoke:
Providus Bank Private Placement: Capital Structure, Merger Risk, and the March 31 Deadline

Providus Bank Limited's private placement of 9,375,000,000 ordinary shares at N8.00 per share, targeting gross proceeds of N75 billion, sits at the intersection of three concurrent developments: a banking sector recapitalisation exercise entering its final 18 days, a court-sanctioned merger with Unity Bank that advanced to the Court of Appeal on March 13, 2026, and an institutional balance sheet that has expanded significantly but carries a debt funding profile that warrants structured scrutiny.
The placement, arranged by Vetiva Capital Management, Cordros Capital, and PAC Capital Limited, closed its application list in March 2026. Its stated objective is digital infrastructure and branch expansion rather than minimum capital compliance, a framing that the bank supports by asserting it has already met the N50 billion regional licence threshold. That assertion, however, sits within a more complex capital-and-merger picture that institutional investors should examine with precision.

mikeapollo:
Private placement at N8.00 per share!
This probably indicates that listing would not be less than N8.

faoogoke:
Providus Bank Private Placement: Capital Structure, Merger Risk, and the March 31 Deadline

Providus Bank Limited's private placement of 9,375,000,000 ordinary shares at N8.00 per share, targeting gross proceeds of N75 billion, sits at the intersection of three concurrent developments: a banking sector recapitalisation exercise entering its final 18 days, a court-sanctioned merger with Unity Bank that advanced to the Court of Appeal on March 13, 2026, and an institutional balance sheet that has expanded significantly but carries a debt funding profile that warrants structured scrutiny.



The placement, arranged by Vetiva Capital Management, Cordros Capital, and PAC Capital Limited, closed its application list in March 2026. Its stated objective is digital infrastructure and branch expansion rather than minimum capital compliance, a framing that the bank supports by asserting it has already met the N50 billion regional licence threshold. That assertion, however, sits within a more complex capital-and-merger picture that institutional investors should examine with precision.

ProphetUtuocha:
Ordinarily, ETI would have been a decent play but unfortunately it has an elephantine leg that has weighed it down. Until it resolves the multiple issues tormenting its Nigeria operations, the bank will continue to drag behind its peers! Sad

SonofElElyonRet:
Good luck to them.. I bow out. Congratulations to Mega and Co

faoogoke:
Providus Bank Private Placement: Capital Structure, Merger Risk, and the March 31 Deadline

Providus Bank Limited's private placement of 9,375,000,000 ordinary shares at N8.00 per share, targeting gross proceeds of N75 billion, sits at the intersection of three concurrent developments: a banking sector recapitalisation exercise entering its final 18 days, a court-sanctioned merger with Unity Bank that advanced to the Court of Appeal on March 13, 2026, and an institutional balance sheet that has expanded significantly but carries a debt funding profile that warrants structured scrutiny.



The placement, arranged by Vetiva Capital Management, Cordros Capital, and PAC Capital Limited, closed its application list in March 2026. Its stated objective is digital infrastructure and branch expansion rather than minimum capital compliance, a framing that the bank supports by asserting it has already met the N50 billion regional licence threshold. That assertion, however, sits within a more complex capital-and-merger picture that institutional investors should examine with precision.

yMcy56:
* Quite a lot of activities in the banking sector....
- Billions flowing into the sector....
- Recapitalisation deadline is drawing very close
- In two weeks time actually...

** Otedola and his friends are pumping serious funds into FBNH despite that the bank already meet the minimum requirement of N500bn and even surpassed it...
** FBNH is currently leading banking sector in the total Capital base year to date....
** Whosoever is after Capital appreciation (and won't look at dividend payout for now) should keep closer attention to movements here.....IMO.

GTCO: N2.6bn+ so far..
ZENITH: N4bn+
FBNH: N3bn+

SonofElElyonRet:
Good luck to them.. I bow out. Congratulations to Mega and Co

HesInMe:
Firstholdco might need that buffer. See bolded below.

--
March 8, 2026
CBN orders banks to conduct stress test from April
By Babajide Komolafe

The Central Bank of Nigeria (CBN) has directed banks to conduct a comprehensive stress test on their credit portfolios beginning from April 1, 2026, as part of measures to ensure the continued stability of the nation’s banking system.

... In terms of methodology, the apex bank directed banks to apply the stress test to all credit exposures, both on-balance sheet and off-balance sheet, including director and insider-related exposures...

mikeapollo:
Sterling is the only bank selling below N8 currently

ProphetUtuocha:
Ordinarily, ETI would have been a decent play but unfortunately it has an elephantine leg that has weighed it down. Until it resolves the multiple issues tormenting its Nigeria operations, the bank will continue to drag behind its peers! Sad

nosa2:
Why chase a moving bus? I was screaming Zenith at N60 for fundamental reasons. If you are looking for what to enter today go and buy ETI at N47. ETI fundamentals are a lot sexier than Zenith was at N60.

Heck ETI should be trading above Zenith

jonnysessy:
I have been in Zenith long enough to know what they can do. I also bought around that N60 price. I bought some N70, N75, N80 and even N87. But, it keep looking good to me because i know their antecedents. I just want others to enjoy what i have been enjoying. I am a dividend investor . i am no prophet but i see Zenith Bank upstaging GTCO sometime. I don't have any analysis to back this up.

You have really harped on this ETI, i think i should take a good look at it now. My only problem with them is they hate to declare dividend, i have been in and out of the stock. But, there is always a room to come back to any stock.

jonnysessy:
Zenith Bank for N100 today.

If you are not in, you can still jump in (monkey hunting ). I believe the dividend will be worth your while.

nosa2:
I have been in and out of ETI as well but now I'm in for good. Zenith price will not surpass that of GTB but ETI price will surpass that of Zenith. I can give fundamental reasons for this but only on www.NGXforum.com

Ask there and you shall be answered

Itzlinda:
I just de press my calculator anytime the price goes up. 😂

I'm 1m plus down 😂😂😂

It's not easy to lose million in this economy

nosa2:
Why chase a moving bus? I was screaming Zenith at N60 for fundamental reasons. If you are looking for what to enter today go and buy ETI at N47. ETI fundamentals are a lot sexier than Zenith was at N60.

Heck ETI should be trading above Zenith

SonofElElyonRet:
O da