₦airaland Forum

yMcy56:
Lol at 'rely' ....Which rely? 😁
ARADEL na big men's meat, no be my area....

I blvd with Q2, stability in the market and some bull visitation, ARADEL should cruise above 2k and move to settle around 2300/2400/2500, na GUT Analysis 😊

Let's see how Mr. Market handles it because it has a mind of its own.
We

Q2 should give much more than q1. Remember in q1 there was a 38-day unplanned outage on the Trans Forcados Pipeline (TFP). Those losses will surely not affect q2

Even if you're right, at N70 mid-point EPS, isn't that like 25x forward earnings? Is that considered "attractive"?

There's a good chance your prognosis about oil prices is wrong. The US mid-term elections are coming up in Nov, and you know Trump Always Chickens Out.

Oasisblue:
If oil prices remained elevated during the Iran-related disruptions and production stayed strong, then I would expect a Q2 result showing revenue above ₦700bn again,PAT materially above Q1, and EPS possibly exceeding ₦18–20 for the quarter. If Aradel delivers that, annualized EPS could move toward ₦60–80/share, which would make the current valuation look very attractive, even for new entrants BUT, of course, this Q1 result still does not yet fully demonstrate the earnings power many investors expected from the ND Western acquisition.

We will consider at $60

PETERiCHY:
SPACEX gradually coming HOME to MAMA.

BARGAIN HUNTERS TAKE NOTE!

Most of your post: I LOVE

megawealth01:
Otedola sold his own company, Gerengu to buy shares in Dangote’s Company. Big Money is Not Emotional. Small Money is emotionally connected to everything. Otedola is like the Warren Buffet of Nigeria - there’s no smarter investor in Nigeria than Otedola. Zero attachment to anything. He moves like the wind. He is called ORACLE by those close to him. When I grow up, I want to be like OTE-Dollar.

People are jealous that Dangote granted him $100M private allocation - but they fail to know that Otedola is Dangote’s most loyal mentee. If Dangote tells Otedola to jump, he will jump. Dangote has never also scammed him - a mentor must never scam a mentee. Our generation need to learn from these elders. I’m deeply inspired by the big Moves surrounding this Dangote Refinery IPO.
Truth be told, before the shares makes it to the public, long term friends would have taken important positions. The market will make friends richer.

Don’t envy the Dangote circle - build your own now. Start making BIG CORPORATE MOVES. Value relationships.

Even on this faceless platform you can meet faced people who would be interested in your well-being, just play SAFE

It's for MENTORSHIP

newreality:
Most of your post: I LOVE

Oasisblue:
I expect Q2 result to be even more fantastic because the gulf war crude oil windfall only affected March earnings in Q1, but persist almost throughout Q2. Aradel could be doing better, but I am glad with the Q1 result. These are the numbers I liked most:Operating cash flow: ₦868.3bn. PAT: ₦120.3bn

That is an extraordinary cash conversion quarter. The company generated almost ₦0.9 trillion of operating cash in just three months!

So you are still thinking the Q1 is fantastic? Try to look beyond the top line

Mpeace:
Q2 should give much more than q1. Remember in q1 there was a 38-day unplanned outage on the Trans Forcados Pipeline (TFP). Those losses will surely not affect q2

With this Q1 self, ARADEL should not be trading below 2k.
Cash flow from operating activities alone was going to a Trillion Naira in just a quarter!
Over 250% PAT
Money na water....😊

mikeapollo:
The oil and gas upstream sector is capital intensive, most of which comes from the West.
There is no way the companies could avoid such translation losses in an unstable currency regime. The panacea is to make enough revenue and income to offset these losses

Thanks for this explanation.

https://youtube.com/shorts/L-ai9Po7sAg?si=3AU17WQW-oMZXMXe

They advertise the shares they want to cash out from

Una wickedt sha

deathwing:
We will consider at $60

WHO DOES THIS
To facilitate the processing and payment of your accrued dividend on the ChapelHill NREIT Fund in U.S. Dollars, kindly provide the following information

megawealth01:
Otedola sold his own company, Gerengu to buy shares in Dangote’s Company. Big Money is Not Emotional. Small Money is emotionally connected to everything. Otedola is like the Warren Buffet of Nigeria - there’s no smarter investor in Nigeria than Otedola. Zero attachment to anything. He moves like the wind. He is called ORACLE by those close to him. When I grow up, I want to be like OTE-Dollar.

People are jealous that Dangote granted him $100M private allocation - but they fail to know that Otedola is Dangote’s most loyal mentee. If Dangote tells Otedola to jump, he will jump. Dangote has never also scammed him - a mentor must never scam a mentee. Our generation need to learn from these elders. I’m deeply inspired by the big Moves surrounding this Dangote Refinery IPO.
Truth be told, before the shares makes it to the public, long term friends would have taken important positions. The market will make friends richer.

Don’t envy the Dangote circle - build your own now. Start making BIG CORPORATE MOVES. Value relationships.

Even on this faceless platform you can meet faced people who would be interested in your well-being, just play SAFE

The $100m shares is still small for Otedola.
He will still buy more of DangRef shares on the NGX floor after listing.....which will make the price to rise farther above PO price

Are you telling me that aradel couldn't afford additional 10naira to accompany this q1 food.nigeriansself

megawealth01:
Otedola sold his own company, Gerengu to buy shares in Dangote’s Company. Big Money is Not Emotional. Small Money is emotionally connected to everything. Otedola is like the Warren Buffet of Nigeria - there’s no smarter investor in Nigeria than Otedola. Zero attachment to anything. He moves like the wind. He is called ORACLE by those close to him. When I grow up, I want to be like OTE-Dollar.

People are jealous that Dangote granted him $100M private allocation - but they fail to know that Otedola is Dangote’s most loyal mentee. If Dangote tells Otedola to jump, he will jump. Dangote has never also scammed him - a mentor must never scam a mentee. Our generation need to learn from these elders. I’m deeply inspired by the big Moves surrounding this Dangote Refinery IPO.
Truth be told, before the shares makes it to the public, long term friends would have taken important positions. The market will make friends richer.


Don’t envy the Dangote circle - build your own now. Start making BIG CORPORATE MOVES. Value relationships.

Even on this faceless platform you can meet faced people who would be interested in your well-being, just play SAFE

You spoke well..... Blessed

megawealth01:
Otedola sold his own company, Gerengu to buy shares in Dangote’s Company. Big Money is Not Emotional. Small Money is emotionally connected to everything. Otedola is like the Warren Buffet of Nigeria - there’s no smarter investor in Nigeria than Otedola. Zero attachment to anything. He moves like the wind. He is called ORACLE by those close to him. When I grow up, I want to be like OTE-Dollar.

People are jealous that Dangote granted him $100M private allocation - but they fail to know that Otedola is Dangote’s most loyal mentee. If Dangote tells Otedola to jump, he will jump. Dangote has never also scammed him - a mentor must never scam a mentee. Our generation need to learn from these elders. I’m deeply inspired by the big Moves surrounding this Dangote Refinery IPO.
Truth be told, before the shares makes it to the public, long term friends would have taken important positions. The market will make friends richer.

Don’t envy the Dangote circle - build your own now. Start making BIG CORPORATE MOVES. Value relationships.

Even on this faceless platform you can meet faced people who would be interested in your well-being, just play SAFE

But we have been fighting needless battles even on this faceless platform! Totally unnecessary.
Imagine meeting and becoming friends with someone, only for both parties to discover that they have been raining invectives and insults on each other for no meaningful reason..

That's why I usually ignore a lot of persons most times

mikeapollo:
[/b]

But we have been fighting needless battles even on this faceless platform! Totally unnecessary.
Imagine meeting and becoming friends with someone, only for both parties to discover that they have been raining invectives and insults on each other for no meaningful reason..

Na AUDIO profit na

naturalflow:
Are you telling me that aradel couldn't afford additional 10naira to accompany this q1 food.nigeriansself

People who rushed to buy SpaceX IPO,

How far, how e dey go?

Dangote IPO is around the corner.

Na hype

Beeron:
People who rushed to buy SpaceX IPO,

How far, how e dey go?

Dangote IPO is around the corner.

ARADEL Q1 '26

Personally, I see this as a decent result.

- Finance costs ate deep into the profits (which was buoyed by the ₦125bn windfall from overlifting). About ₦238bn of current borrowing was paid off [further reducing credit exposure].
- Non-controlling interest increased from 1.26% to 44.96% largely due to the consolidation.

I think ARADEL will loiter around the ₦1800 corridor till Q2 drops...

Every mallam to his kettle...

Make E go lower first

KarlTom:
ARADEL Q1 '26

Personally, I see this as a decent result.

- Finance costs ate deep into the profits (which was buoyed by the ₦125bn windfall from overlifting). About ₦238bn of current borrowing was paid off [further reducing credit exposure].
- Non-controlling interest increased from 1.26% to 44.96% largely due to the consolidation.

I think ARADEL will loiter around the ₦1800 corridor till Q2 drops...

Every mallam to his kettle...

What if market punish ARADEL for this dividends?

https://open.spotify.com/episode/3PXr8rN0bAS9B18t3ORPRu

Here's a summary of today's trading session on the NGX

Deap Capital Management & Trust Plc formally completed its corporate name change to Critical Minerals Financing Corp. Plc (CMFC Plc) on June 18, 2026.
Summary of Corporate Changes
• New Name: Critical Minerals Financing Corp. Plc ("CMFC Plc".
• New Headquarters: Number One Lagos, 1, Akin Adesola Street, Victoria Island, Lagos.
• Core Business Pivot: The company has transitioned from traditional capital management into a specialized mining, metals, commodities finance, and investment banking platform.
• Target Minerals: CMFC Plc focuses on capital structuring and financing solutions for sectors including gold, copper, cobalt, lithium, tungsten, tin, and tantalum.
Key Executives & Leadership
• Board Chairman: Mr. Lamon Rutten, a global commodities expert appointed to pilot this strategic transformation.
• Company Secretary: Osammor Otiono & Co.
Current Market Standing
• Stock Exchange Listing: The company remains listed on the Nigerian Exchange Limited (NGX) under its existing ticker DEAPCAP.
• Share Price: As of the latest trading session on June 19, 2026, the stock closed at ₦4.89 per share, gaining 9.89% in a single day following the formal name change announcement.
• Financial Position: The company recently received structural funding, including a ₦2 billion tranche injection, to support its regional expansion and large-scale mining transaction execution across Africa.

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

Here's a summary of today's trading session on the NGX

Premier Paints Plc has officially postponed its Mandatory Tender Offer (MTO) by Xenergi Plc, which was originally scheduled to commence on Monday, June 22, 2026.
Core Reason for Delays
• SEC Registration Deficit: The postponement stems from the regulatory necessity to formally register the complete Bid Documents with the Securities and Exchange Commission (SEC).
• Regulatory Clearance Pending: The transaction cannot legally proceed until the company secures the required formal "no-objection" clearance from the SEC.
The Underlying Transaction
• Acquisition Context: Xenergi Plc recently concluded a major equity block purchase of 61,003,350 ordinary shares, securing a dominant 49.60% stake in Premier Paints Plc.
• The MTO Mandate: In absolute accordance with Section 142(4) of the Investments & Securities Act (ISA) 2025, Xenergi is legally mandated to extend a standard tender offer to the remaining minority shareholders.
• Offer Specifics: The targeted takeover buyback involves 2,000,000 ordinary shares (representing a 1.63% equity slice of minority interests).
Key Financial Implications
• Tender Premium Price: Xenergi’s structured MTO price is locked in at ₦38.00 per cash share (net of applicable statutory taxes).
• Current Market Price: Premier Paints Plc is actively trading on the Main Board of the Nigerian Exchange (NGX) under the ticker PREMPAINTS, flatlining at a market close of ₦33.75 per share.
• Arbitrage Window: The ₦38.00 buyback price represents an immediate 12.6% premium markup over the current secondary open-market trading rate.
Next Actionable Steps
1. Await New Timeline: The new target calendar opening window will be publicly broadcast via the NGX immediately upon SEC approval.
2. Review Advisory Channels: Minority investors should verify acceptance mechanics with the designated lead financial adviser, AIICO Capital.

Royal Exchange Plc has issued an official notice convening an Extraordinary General Meeting (EGM) scheduled for July 15 2026.
Key Meeting Details
• Event: Extraordinary General Meeting (EGM)
• Company: Royal Exchange Plc (NGX Ticker: ROYALEX)
• Host Platform: Nigerian Exchange Limited (NGX) Document Library.
Expected Statutory Agenda Items
• Capital Restructuring: Deliberating on authorized share capital changes or equity raises.
• Regulatory Compliance: Reviewing operational updates in line with SEC and NGX guidelines.
• Strategic Expansion: Seeking shareholder approvals for new digital asset management or retail insurance growth pipelines.
If you would like, I can provide a breakdown of the company's latest Q1 earnings metrics, details on their current board of directors, or historical stock performance on the NGX.

Chams Holding Company Plc will host its 42nd Annual General Meeting (AGM) virtually on Thursday, July 9, 2026, at 10:00 a.m. WAT.
Virtual Access Details
• Streaming Platform: The meeting is strictly virtual via the official Chams Group YouTube Channel.
• Proxy Submission: Shareholders unable to stream live can submit proxy mandates to First Registrars Nigeria up to 48 hours prior to the event.
Key Corporate Agenda Items
• Dividend Ratification: Directors have proposed a final dividend payout of ₦0.03 per share (totaling ₦270 million) for the 2025 financial year.
• Financial Review: Presentation of the Audited Financial Statements for the year ended December 31, 2025.
• Board Adjustments: Re-election of board directors and electing fresh members to the Statutory Audit Committee.
Timeline and Eligibility Check
• Qualification Cutoff: Only shareholders listed in the corporate register as of Thursday, June 18, 2026, qualify for the ₦0.03 payout.
• Register Freeze: The Share Register remains officially closed from June 19 to June 26, 2026, for verification.
• Electronic Payment: Approved dividend tranches will be paid out directly to linked bank accounts via E-dividend on Friday, July 10, 2026.
Board Structure & Leadership Present
• Chairman: Sir Demola Aladekomo
• Group Managing Director: Mrs. Mayowa Olaniyan
• Company Secretary: Oluwaseun Osuji

C&I Leasing Plc shareholders officially approved and declared a final dividend payout of 20 kobo per ordinary share during its 35th Annual General Meeting (AGM) held on June 15, 2026.
Dividend & Qualification Breakdown
• Approved Payout: 20 kobo per ordinary share of 50k each (representing a 100% year-on-year increase from the 10 kobo paid last year).
• Qualification Date: Shareholders must have been registered in the company's Register of Members by the close of business on June 1, 2026.
• Register Closure: The Register of Members remained officially closed from June 2 to June 5, 2026, to update shareholder information.
• Payment Date: The electronic disbursement of dividends commenced on Monday, June 15, 2026, for all qualified shareholders with complete e-dividend setups.
Ordinary Resolutions Passed
• Financial Endorsement: Ratification of the Audited Financial Statements for the year ended December 31, 2025, alongside accompanying board and audit reports.
• Board Re-elections: Mr. Babatunde Edun and Omotunde Alao-Olaifa were successfully re-elected as directors following standard rotational retirement.
• Audit Committee Setup: Shareholder representatives elected for the 2026 financial year include Mr. Sulaiman B. Adenrele, Mr. Fredrick Olufemi Oduyemi, and Mrs. Christie O. Vincent-Uwalaka. Board representatives will be Mr. Omotunde Alao-Olaifa and Mr. Oluyemi Peter Abaolu-Johnson.
• Auditor Fees: The board was formally authorized to fix the remuneration package for the external auditors for the 2026 financial year.
Special Business Resolutions
• Director Compensation: Approved an annual remuneration structure of ₦12,000,000 for the Chairman of the Board and ₦9,000,000 for each Non-Executive Director.
• Board Appointment Ratifications: Formally confirmed the structural appointments of Barrister Nick Onyebuchi Omeye and Mr. Chima Njoku as Non-Executive Directors.
• Related Party Mandate: Granted a general operating mandate enabling C&I Leasing Plc to continue recurrent commercial transactions of a trading or revenue nature with interested or related parties.

Hmmm.


MTNN

Aradel Holdings Plc reported a consolidated revenue of ₦728.52 billion ($526.45 million) for the first quarter ended March 31, 2026. This represents a 264.5% year-on-year revenue increase compared to the ₦199.87 billion generated in Q1 2025, primarily driven by the full operational consolidation of ND Western Limited.
Core Profitability Metrics
• Gross Profit: Rose dramatically to ₦256.28 billion ($185.19 million) from ₦78.89 billion in Q1 2025.
• Operating Profit: Surged to ₦372.92 billion ($269.48 million), bolstered by an overlift income of ₦125.18 billion under other operating income lines.
• Profit Before Taxation: Reached ₦283.84 billion ($205.11 million), growing 322.5% year-on-year.
• Profit After Taxation: Settled at ₦120.29 billion ($86.92 million) after factoring in a tax expense of ₦163.55 billion ($118.18 million).
• Earnings Per Share (EPS): Basic and diluted EPS doubled to ₦15.24 per share ($0.011) compared to ₦7.77 per share in the prior year's corresponding quarter.
Segment Performance & Revenue Breakdown
The group's operational performance was disaggregated across its three primary fossil energy production streams:
• Crude Oil: Contributed ₦484.60 billion ($350.18 million), making up 66.5% of total group revenues.
• Gas Operations: Contributed ₦187.92 billion ($135.80 million).
• Refined Products: Contributed ₦56.00 billion ($40.47 million) via its localized refining infrastructure.
• Geographical Mix: ₦484.60 billion was generated from international export markets (all crude oil), while ₦243.92 billion was achieved from downstream sales within Nigeria.
Balance Sheet & Liquidity Strength
• Total Assets: Stood at ₦9.06 trillion ($6.65 billion) as of March 31, 2026, down slightly from ₦9.90 trillion at FYE 2025 due to foreign currency translation effects.
• Cash Position: Robust cash and cash equivalents grew to ₦1.60 trillion ($1.15 billion), indicating high operational liquidity.
• Total Borrowings: Decreased to ₦1.78 trillion ($1.28 billion) from ₦2.00 trillion at the close of 2025, following ₦156.53 billion in principal debt repayments during the quarter.
Corporate Governance Actions
• PPA Provisional Allocations: The group notes that its balance sheet contains ₦1.37 trillion ($989.37 million) in current contingent considerations stemming from the late 2025 corporate acquisitions of ND Western and Renaissance Africa Energy. Valuation audits remain open under standard IFRS 3 parameters.
• Sign-Off Authority: The unaudited filings were approved by the board on June 19, 2026, bearing signatures from Chairman Osten Olorunsola, CEO Adegbite Falade, and CFO Adegbola Adesina.