₦airaland Forum

Market drops another 3k points to 226k courtesy of DANGCEM.

If this drop continues this July eh

awesomeJ:
Market drops another 3k points to 226k courtesy of DANGCEM.

megawealth01:


If this drop continues this July eh

I project 220k support, but the more it drops the more room we have for another bull run this H2.

megawealth01:


If this drop continues this July eh

it should drop because we want to buy them.

WOW

awesomeJ:
I project 220k support, but the more it drops the more room we have for another bull run this H2.

Check Note 6 of the AFS '25.

Technically you have a point but the bolded might be incorrect...

guyzgirl:
This is not as beautiful as it looks.

The entirety of the “turnaround” is from disposal of assets, that is not a turnaround, but a one-off, which can even signal more problems as those assets are no longer available to generate income. When normalized, for the core operations of the business, the result is largely flat.

It wont be a bull run per se for those that have lost money from this prologed drop.

awesomeJ:
I project 220k support, but the more it drops the more room we have for another bull run this H2.

All these analysis because of the red in market....
People will always say something to justify anything whereas the cause of the downturn in the market is majorly unknown.....

Meanwhile, ARADEL is getting some patronage in the market despite being down........lots of picks at days low, 1275.80.....
Offers drastically reducing....
Those guys crossing are now buying on the floor I think....
Hope they move it back up today.......

https://open.spotify.com/episode/4MsCQ5dMZP9f04KQOZpnWt

Midday trading update on the NGX

In all markets globally, always define why you are in the market...

You are either an investor or a trader or better still BOTH

No shaking

Lol. I see people who seemed to have missed the train of some high-performing stocks giddy with happiness that the prices are crashing, while those that entered earlier and didnt take profit at 52-wek highs are groaning seeing their profits being wiped out

yMcy56:
All these analysis because of the red in market....
People will always say something to justify it whereas the cause of the downturn in the market is majorly unknown.....

Meanwhile, ARADEL is getting some patronage in the market despite being down........lots of picks at days low, 1275.80.....
Offers drastically reducing....
Those guys crossing are now buying on the floor I think....

Oasisblue:
It wont be a bull run per se for those that have lost money from this prologed drop.

Yes more of recovery for them. Profit taking 2.0 for some of us!

That's if not 3.0 sef

awesomeJ:
Yes more of recovery for them. Profit taking 2.0 for some of us!

I don put 106 bid price for Zenith. Make I test something

I don put 106 bid price for Zenith. Make I test something

Bears never start na

Ginalex:
I don put 106 bid price for Zenith. Make I test something

megawealth01:
That's if not 3.0 sef

I'm monitoring the situation of the market closely to know when to strike again 😔

awesomeJ:

megawealth01:
I'm monitoring the situation of the market closely to know when to strike again 😔

220k should be a good point to start.

megawealth01:
I'm monitoring the situation of the market closely to know when to strike again 😔

Better strike now before Q2 results are released!
All die be die!
Our ''Uncle'' still dey discuss with his uncle....

All die nobi die ooooo

mikeapollo:
Better strike now before Q2 results are released!
All die be die!
Our ''Uncle'' still dey discuss with his uncle....

Those buying at the moment have a lot of money

https://www.youtube.com/watch?v=CTzejrAMDvQ?si=A9twx0oiw0EDTk2D

Midday trading update on the NGX

Ginalex:
I don put 106 bid price for Zenith. Make I test something

Bad guy. me am waiting at 100.

megawealth01:
All die nobi die ooooo

this cracked me up so bad

megawealth01:
It must bow to sub 1000

Wow, bargain hunters are mean to Aradel. Fingers crossed.

90 sef.

germanburger11:
Bad guy. me am waiting at 100.

July 2026 is the crunch month for *NIIRA 2025* — the Nigerian Insurance Industry Reform Act.

*What’s happening with NIIRA right now:*
- *Hard deadline: July 30, 2026*. NAICOM has said repeatedly there will be no extension.
- *New minimum capital*: Life = N10bn, Non-life = N15bn, Composite = N25bn, Reinsurers = N35bn. That’s up from N2bn/N3bn/N10bn before.
- *12-month window*: The clock started July 31, 2025 when President Tinubu signed it.
- *What’s at stake*: Firms that don’t meet it by July 30 face licence withdrawal, forced consolidation, or other regulatory action.

*Why insurance stocks are in focus this month:*
1. *Capital raises + M&A activity*: 6 insurers are reportedly approaching the capital market to raise ~N60bn. SUNU, Linkage, Veritas Kapital, Regency Alliance have already sought shareholder approvals. Expect more rights issues, private placements, or merger news before July 30.
2. *Survivors vs. exits*: Estimates say 17-21 firms are already above the new thresholds on FY 2024 accounts. Another ∼18 have plans on file, but a dozen are in a “red zone”. NAICOM + Big Four auditors are verifying by end-June.
3. *Consolidation premium*: NAICOM says recapitalisation should create stronger, larger firms that can underwrite bigger risks and attract investment. Markets often price in that “stronger balance sheet” story ahead of the deadline.
4. *Policy tailwinds*: NIIRA also mandates 60-day claims settlement with N500,000 fines for delays. That’s meant to boost public trust + penetration, which is still <1% of GDP.

*“Pleasant surprises” to watch for:*
- *Rights issues/private placements closing*: Sovereign Trust did N1.5bn statutory deposit + N5bn rights issue. Others likely announcing final tranche this month.
- *Mergers/acquisitions*: Weaker players may announce tie-ups to hit the capital mark.
- *NAICOM’s compliance list*: The regulator hasn’t published a list of compliant firms yet. When it does, names on it could see a sentiment boost.

*Quick reality check / risks:*
- Timeline is tight: Banks had 2 years for their recap, insurance got 1 year.
- Capital definition is strict: Goodwill, deferred tax assets, unsecured loans etc. don’t count.
- Not financial advice: Stock moves on regulation can be volatile. Some firms may miss and be forced out.

If you’re tracking specific tickers, the ones to watch are those that have already disclosed capital raises or statutory deposits, plus any reinsurers with the N35bn hurdle.

Learning new things LEVELS

Ocallen:
Wow, bargain hunters are mean to Aradel. Fingers crossed.

megawealth01:
Those buying at the moment have a lot of money

See who's talking

Nwannem na we wey no get money dey look for bend down select na

Ginalex:
See who's talking

yMcy56:
All these analysis because of the red in market....
People will always say something to justify anything whereas the cause of the downturn in the market is majorly unknown.....

Meanwhile, ARADEL is getting some patronage in the market despite being down........lots of picks at days low, 1275.80.....
Offers drastically reducing....
Those guys crossing are now buying on the floor I think....
Hope they move it back up today.......

This scenario is best suited for Access holdings. Not ARADEL at the moment. Aradel still has some weight to shed.

Meanwhile, Access holding is badly battered that even ground level feels like another trap.