₦airaland Forum

OsunOriginal:
That's another ugly face of this government's policy of always wanting to take from the people. Fuel price up, energy price up, tax up, and now the CBN is blocking the dividends that should go to the people for their investment. They want to say they don't know the market would react to this? Trump syndrome... "I didn't know Iran would retaliate..." blah blah blah

Tinubu's government is 99 percent a capitalist government; this government is greatly anti people.

Not a bad result - it’s just less exciting but more sustainable

sterlingD:
GTCO Q1

https://doclib.ngxgroup.com/Financial_NewsDocs/46806_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Custodian still dey vex

Growth choke. See stock wey I sell less than N3

https://doclib.ngxgroup.com/Financial_NewsDocs/46807_CUSTODIAN_INVESTMENT_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

emmanuelewumi:
If you sell 30,000 units of Presco shares and 177,000 units of Nahco shares at their current price, one will raise about N100 million.

Based on the volumes of both shares they can't pay more than a combined dividend of N4 million.

If that same N100 million was invested in FGN bond one will get over N16 million per annum at N8 million every 6 months.


Planning to trim down my Presco and Nahco shares when Q1 2026 results are out and diversify into FGN bond

Why settle for 16 when you can get 19/20 % for FD for that amount

unite4real:
are you thinking you cannot do at least 20% capital appreciation per annum in these companies.
Your dividend plust capital gain should outpace the bond

The failed government will still collect 25/30 % as tax from that Emma 100 million

Agbalowomeri:
Custodian still dey vex

Growth choke. See stock wey I sell less than N3

https://doclib.ngxgroup.com/Financial_NewsDocs/46807_CUSTODIAN_INVESTMENT_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

You village people don dey in your case long ago
They need to break coconut for your head

rmx:
Why settle for 16 when you can get 19/20 % for FD for that amount

With withholding tax it will come down to between 17% and 18%. No withholding tax of FGN bond coupon


There is penalty for Fixed deposit if you liquidate it before maturity.

Will the bank allow to do a fixed deposit of 10 years.


With the FGN bond I am sure of earning the coupon till 2035, even when interest rates fall to 10%

EDUECO:
Tinubu's government is 99 percent a capitalist government; this government is greatly anti people.

Yope. Tinubu himself said:

“I don’t believe in price control”

Streetinvestor2:
The failed government will still collect 25/30 % as tax from that Emma 100 million

For where?

Streetinvestor2:
The failed government will still collect 25/30 % as tax from that Emma 100 million

Inside life

Agbalowomeri:
Custodian still dey vex

Growth choke. See stock wey I sell less than N3

https://doclib.ngxgroup.com/Financial_NewsDocs/46807_CUSTODIAN_INVESTMENT_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

I hope this is annualised sha

https://doclib.ngxgroup.com/Financial_NewsDocs/46808_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Agbalowomeri:
I hope this is annualised sha

https://doclib.ngxgroup.com/Financial_NewsDocs/46808_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

It is annualised

Some of the stocks to the moon will be returning to Earth or at best orbit Earth. Don't be caught unaware amongst lingering euphoria. Significant earning decline will translate simply as price erosion.

UBA will drop another -10% 2moro 28th. You have 200m stock on offer but only 20m sales happened - there are no buyers. We still have over 100m UBA stocks on bid. It should do another maximum negative return 2moro.

For Access it one of my largest portfolio but i won’t buy till will see AFS 2025. If access pulls a UBA and don’t pay divident they should go below rights issue price of 19.75. On the contrary if they declare divident, the stock is going to #35

Streetinvestor2:
The failed government will still collect 25/30 % as tax from that Emma 100 million

Not possible when you reinvest the fund

aj8:
Some of the stocks to the moon will be returning to Earth or at best orbit Earth. Don't be caught unaware amongst lingering euphoria. Significant earning decline will translate simply as price erosion.

Like which stock as some q1 results is justifying the moon travel

emmanuelewumi:
Not possible when you reinvest the fund

You don't plan to reinvest on stocks
The fgn bond is different by thr yeye tax law.
So moving from stock investment to fgn bond investment comes with tax

Streetinvestor2:
You don't plan to reinvest on stocks
The fgn bond is different by thr yeye tax law.
So moving from stock investment to fgn bond investment comes with tax

It is reinvested,


Capital Gain will be calculated from 1st of January 2026

How did Nascon get 1.46 as Q1 EPS when the OS is 2.7b and PAT is 9.88b

Please the OGs in the house i need your advice. As a baby investor without much knowledge on ngx before i made these purchases...
I have only 64 units of MTN i bought at 510naira.
And 300 units of WAPCO with avg.cost of 171.
I plan to sell my MTN shares since its so little and put the funds to top up my WAPCO.
Is this a wise decision please?
*Note* I have other stocks in larger quantities than these above two that some are doing well.

emmaodet:
How did Nascon get 1.46 as Q1 EPS when the OS is 2.7b and PAT is 9.88b

It's annualized and it 14.6 not 1.46

Xidget:
It's annualized and it 14.6 not 1.46

Okay, thanks very much

emmanuelewumi:
It is reinvested,


Capital Gain will be calculated from 1st of January 2026

Does it not matter where you reinvest it? Since the funds was not reinvested into stocks will CGT not be applicable?

https://open.spotify.com/episode/6M39D50piM67U7L3EZ91Q1

NGX Premarket for today.

Enjoy
https://ewnation.com/fidelitybk-april-29-2026-update/?timeframe=intraday
https://ewnation.com/wp-content/uploads/2026/04/ji.png

https://www.youtube.com/watch?v=M58E6HpMPOQ

Premarket video for today's trading session on the NGX.

How will this be treated for Capital Gain Tax. An investor sold Nahco shares at a profit of N50 million. He reinvested the proceeds by buying Zenith Bank shares which he held for 2 months before he sold it at a loss of N5 million.

Will Capital Gain Tax apply in this case?

emmanuelewumi:
How will this be treated for Capital Gain Tax. An investor sold Nahco shares at a profit of N50 million. He reinvested the proceeds by buying Zenith Bank shares which he held for 2 months before he sold it at a loss of N5 million.

Will Capital Gain Tax apply in this case?

You will pay CGT o . The profit is now N45m.

emmanuelewumi:
How will this be treated for Capital Gain Tax. An investor sold Nahco shares at a profit of N50 million. He reinvested the proceeds by buying Zenith Bank shares which he held for 2 months before he sold it at a loss of N5 million.

Will Capital Gain Tax apply in this case?

CGT will not apply as long as the proceed is reinvested in stocks.

But if the proceed was realized and invested in FGN bonds, the tax man will charge you the CGT. You can only escape the CGT if the qualified amount is reinvested in Stocks only

and for the first part of your question, i understand the game you are looking at. making huge gain, then cashing it and reinvesting in stocks to make a small loss and selling everything to look like it was a loss. Naaaaaaaaa. The tax man will calculate the tax on N45 million bro

But selling price is not profit. How much was invested in the said stock before selling to have 50m?

pluto09:
You will pay CGT o . The profit is now N45m.