₦airaland Forum

You mean that stockfish

leo1234:
I have said it here that nahco is a 1000 naira stock.

Even emmanuelewumi don't want to agree with me.



If you missed NAHCO like me, don't miss TANTALIZER.

isaacosas01:
ZICHIS is on full offer.

Some people bought yesterday... That's buying high. Ere egele... Dangerous play

megawealth01:
The AUDIO in the money long gaan ooooo but the money na small quantity sha

Na AGBA get money for here oooooo

The money never long o

If e don long e go enter annual statement of account

We are all in denials na

Agbalowomeri:
The money never long o

If e don long e go enter annual statement of account

isaacosas01:
ZICHIS is on full offer.

Aftermath of NGX and SEC sanctions on some Stockbrokers

[quote author=ppogba post=138947569].70k final dividend is poor by UCAP standard.

Except if you are not following it.[/quote

Which means after qualification date it may go down to 16

ppogba:
.70k final dividend is poor by UCAP standard.

Except if you are not following it.

Which means after qualification date it may go down to 16

https://open.spotify.com/episode/2l0H5EXxB72zu4CSENcAhD

NGX Midday Update for today

NEWGOLD @196k....
No be small thing....

*BERGER
https://doclib.ngxgroup.com/Financial_NewsDocs/46449_BERGER_PAINTS_NIGERIA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2026.pdf

* INFINITY
https://doclib.ngxgroup.com/Financial_NewsDocs/46448_INFINITY_TRUST_MORTGAGE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2026.pdf

megawealth01:
The AUDIO in the money long gaan ooooo but the money na small quantity sha

Na AGBA get money for here oooooo

Agbalowomeri is in one island 🏝 right now sipping coconut water and surrounded by beautiful maidens.

ogawisdom:
What is cooking in NAHCO, hmmm may go on full bid today

My prediction

1 for 5 bonus
10 naira dividend

This should take it to 250 easily

NAHCO is overbought already. Expect the inevitable.

💯

leo1234:
Agbalowomeri is in one island 🏝 right now sipping coconut water and surrounded by beautiful maidens.

https://www.youtube.com/watch?v=mjI3NaqaHmg

Midday trading update on the NGX for today

ogawisdom:
Which means after qualification date it may go down to 16

I think qualification date has passed. Latest next week, they will pay the dividend.

OANDO's redistributed shares is supposed to land this month. Isn't it?

GeeKudi:
OANDO's redistributed shares is supposed to land this month. Isn't it?

They have credited my CSCS account oooo

Wow!
OANDO has credited my CSCS with the shares redistribution tranche 2!
Kudos to Wale and his team

Anyway, today never end. I just saw the press release again. It says on or before close of work on Tuesday 31st March, 2026. Maybe the operator is preparing to press the 'send' button as we speak

mikeapollo:
You dey mind them?
Instead of crediting the CSCS accounts with the shares, na Angola oil bloc story them dey tell us this morning, which supposed be the deadline

Oh Okay. I haven't seen mine. I'll keep checking. Maybe they started with the big boys like you

mikeapollo:
They have credited my CSCS account oooo

Newgold ETF Enters Arbitrage Territory Between Nigeria and South Africa.
Newgold, an exchange-traded fund (ETF), issued by ABSA is now the focus of a notable cross-border arbitrage opportunity.
It is primarily listed on the Johannesburg Stock Exchange (JSE) in South Africa and secondarily listed on the Nigerian Exchange (NGX) in Nigeria.
I have been closely monitoring this low-volume ETF on the NGX since January 2026. The price action reveals a striking divergence: on the NGX, Newgold appears to be artificially pumped, with its market price rising sharply and seemingly defying normal downward pressure. In contrast, the identical ETF is in free fall on the JSE, where the price has dropped significantly.
Credit to South African traders (including those using ABSA platforms). By exploiting this price gap, they are legally converting Nigerian naira into South African rand — effectively absorbing scarce foreign exchange from Nigeria’s already limited reserves.
I believe the NGX should take urgent regulatory or operational steps to address this imbalance.
Current prices (as observed):
On the NGX: ₦186,000 – ₦196,000 per unit
On the JSE: R700 – R740 per unit
Fair-value comparison (using Oanda exchange rates):
₦180,000 ≈ R2,229
R700 ≈ ₦56,384
In other words, based on the JSE price and current exchange rates, the true fair value of Newgold on the NGX should be no higher than ₦56,000 – ₦58,000. The ETF is currently trading at more than three times that level on the Nigerian exchange.
This significant premium creates a clear arbitrage window for traders who can navigate the currency and settlement differences between the two markets. Investors should monitor the situation closely, as any corrective action by the NGX or a convergence in prices could rapidly close the gap.

Beeron:
NAHCO is overbought already. Expect the inevitable.

I am watching closely for their corporate action to decide whether it justifies current valuation or just hype

No be 103m units i dey see so for VFD traded units for today? Abi eyes dey pain me..

I tot we all agree the dividend s poor na..

ppogba:
I think qualification date has passed. Latest next week, they will pay the dividend.

Okay thanks, I really need to decide whether ucap is still worth holding or offload to top up my MTN

Please I need clarification, for those that use morgan capital. Which is the CSCS no? Is it the "trading account number " or the "clearing house number"

Newgold is being pumped on NGX and rapidly falling on JSE.

yMcy56:
NEWGOLD @196k....
No be small thing....

*BERGER
https://doclib.ngxgroup.com/Financial_NewsDocs/46449_BERGER_PAINTS_NIGERIA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2026.pdf

* INFINITY
https://doclib.ngxgroup.com/Financial_NewsDocs/46448_INFINITY_TRUST_MORTGAGE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2026.pdf

GeeKudi:
Oh Okay. I haven't seen mine. I'll keep checking. Maybe they started with the big boys like you

GeeKudi:
Oh Okay. I haven't seen mine. I'll keep checking. Maybe they started with the big boys like you

Cant you see the last 4 digits in your moniker? ''K.U.D.I''...and you even prefix it with ''GEE''!
That sends the most powerful message....the GEE with the CASH!
What else; we know say money no be problem for GEEKUDI;
Big Guy doing Big Things

Classic defensive MM

crownprince2017:
No be 103m units i dey see so for VFD traded units for today? Abi eyes dey pain me..

I tot we all agree the dividend s poor na..

na just fake name for nairaland.

mikeapollo:
Cant you see the last 4 digits in your moniker? ''K.U.D.I''...and you even prefix it with ''GEE''!
That sends the most powerful message....the GEE with the CASH!
What else; we know say money no be problem for GEEKUDI;
Big Guy doing Big Things

@yMcy,
I have notice that sales proceeds done settle on Morgan rading portals for a week now. I have sold different stock to buy another, yet funds not available on dashboard. Not on DCS, never have been.

Hope we safe

GeeKudi:
na just fake name for nairaland.

We know all of you rich, big men that just want to remain humble!

2zona:
Please I need clarification, for those that use morgan capital. Which is the CSCS no? Is it the "trading account number " or the "clearing house number"

Trading Account Number = CSCS Number