₦airaland Forum

[quote author=yok post=140020995]**WHAT WILL THE MARKET DO TODAY!!**
Market today us a 50/50 chance for both bulls and bears. Looking at the market ordinarily, on the surface we would think market is bearish. However, big money is still buying.
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Market is behaving as expected. There is likelihood that big money will continue to prevent the market from falling further.

It is a little bit unsettling, that investors outside the Country continues to see potentials in the market when the locals are running away. This is a subtle message of issue with leadership and the risk is that when things are really difficult these foreign investors will pull out their money!!!

Let us see how long the bulls can hold the market, what oil will do (unfortunately oil rise benefits the general economy in places like Saudi Arabia, but in Nigeria oil brings more pain to the general public just as if we are not a net exporter if oil, this is an area our economic Managers need to look at).

lawani:
What would you say is the reason a state like Abia has more NIN registration than Osun but ends up having much less number of internet subscribers? In all the SE only Anambra has more internet subscribers than Osun state and it also has a higher number of NIN registration. Why would the low number of Internet subscribers in Abia be the case in a state where people have money to buy smart phones?

Have u been to abia state before as I have lived in both abia and osun state. If you have never been to abia.It will be waste of time explaining
Abi in your dick measuring excise you have more millionaires in osun state than abia state because osun people have more internet subscribers to come waste on NL daily..lol

There is share in loving. Pls share what you know.

megawealth01:

Na PETERICHY dey share OANDO hunting

Jaakay:
There is share in loving. Pls share what you know.

Na Peter dey buy am. Bargain hunters take note!

Jaakay:
Heavy mopup in Oando at 38.05 naira. Any news?

Jaakay:
Heavy mopup in Oando at 38.05 naira. Any news?

Heavy kwa? The stock is digging deeper everyday until they do the right thing.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -2.56%
SEPLAT. ±

Japaul Gold & Ventures PLC (JAPAUL.ng) 2025 Annual Report
By Japaul Gold & Ventures PLC

(JAPAUL.ng) Published On: July 13, 2026 TYPE: Annual Reports Year: 2025 Period: Country: NigeriaSector: Energy
Japaul Gold & Ventures Plc: 2025 Annual Report Summary
Executive Summary
Japaul Gold & Ventures Plc has demonstrated remarkable resilience and strategic agility in the financial year ended 31 December 2025. The Group is successfully navigating a transformative phase, pivoting from its traditional oil and maritime services towards highly lucrative solid mineral mining and large-scale land reclamation projects. Anchored by a massive dredging contract in Lagos and the imminent commencement of gold mining operations in Niger State, the company has laid a robust foundation for long-term value creation. Despite legacy accumulated losses, the Group’s proactive restructuring, asset acquisitions, and strategic diversification signal a strong trajectory towards sustained profitability and enhanced shareholder value in the coming years.

Financial Performance
The Group delivered a solid financial performance for the year ended 31 December 2025, driven by strong top-line growth in its core operational segments. Key financial metrics include:

Revenue: Increased by 28% to N5.25 billion, up from N4.10 billion in 2024.
Gross Profit: Rose significantly to N2.98 billion, compared to N2.14 billion in the previous year.
Operating Profit: Stood at N1.42 billion, remaining relatively stable against N1.50 billion in 2024.
Profit After Tax (Net Profit): Recorded at N1.22 billion, compared to N1.38 billion in 2024.
Earnings Per Share (EPS): Reported at 9 kobo per share.
Total Equity: Saw a massive boost, closing the year at N20.61 billion, up from N7.98 billion in 2024, largely driven by a successful private placement and share premium additions.
Operational Highlights
The 2025 financial year was marked by significant operational milestones that underscore the Group’s strategic pivot. A major achievement was the continued execution of a massive dredging and land reclamation contract in the Lekki and Ikoyi axis of Lagos State, valued at over N30 billion (the Gravitas Contract). Furthermore, the Group successfully consolidated its acquisition of H&H Mines Limited, securing a highly valuable mining licence capitalised at N11.4 billion. The equipment rental and offshore services segments also continued to perform strongly, contributing the lion’s share of the Group’s revenue for the year.

Strategic Initiatives and Future Outlook
Japaul Gold & Ventures Plc is aggressively pursuing a diversification strategy into the mechanised mining of solid minerals. The cornerstone of this initiative is the planned commencement of gold mining operations at the Libeli site in Kontagora LGA, Niger State, targeted for Q3 2026. Management has provided strong guidance that this transition, coupled with the ongoing multi-billion Naira dredging projects, will completely wipe out historical accumulated losses. The Group is also focused on refurbishing and upgrading its existing maritime equipment to boost hiring capacities, ensuring a diversified and resilient revenue stream that promises a return to robust profitability by 2026.

Risk Management and Governance
The Group maintains a comprehensive Enterprise Risk Management (ERM) framework designed to safeguard assets and ensure sustainable business growth. Risks are meticulously categorised into strategic, operational, and financial risks. To mitigate financial exposures—such as credit, liquidity, and currency risks—the Group employs stringent credit assessments, maintains a balanced debt-to-capital structure, and closely monitors foreign exchange liabilities. Governance is driven by the Board of Directors, who regularly review risk policies, supported by an independent Internal Audit unit that ensures compliance, segregation of duties, and adherence to the highest ethical and regulatory standards.

Sustainability and ESG Performance
While undergoing rapid operational expansion, Japaul Gold & Ventures Plc remains committed to its Environmental, Social, and Governance (ESG) responsibilities. The Group prioritises employee welfare, maintaining robust defined benefit and defined contribution pension plans to secure the financial future of its workforce. As the company transitions into solid mineral mining and large-scale land reclamation, it is aligning its operational frameworks with responsible resource extraction and environmental management standards. Furthermore, the Group strictly adheres to Nigerian local content regulations, ensuring that its operations provide sustainable economic benefits and employment opportunities within its host communities.

Key Performance Indicators (KPIs)
Revenue Growth: Achieved a robust 28% year-on-year increase in top-line earnings.
Gross Profit Margin: Improved significantly to 57%, up from 52% in 2024, reflecting better cost management and high-margin project execution.
Debt-to-Capital Ratio: Improved drastically to 0.83 from 1.87 in 2024, indicating a much healthier balance sheet and reduced financial leverage.
Total Assets: Grew substantially to N38.05 billion, driven by the capitalisation of mining assets and successful capital raising.
Disclaimer: This summary is intended for informational purposes only and was generated using AI. It does not constitute financial or investment advice. Investors should refer to the full, official annual report for detailed and authoritative information, as this AI-generated summary may contain errors or omissions.

Indicative Share Trading Liquidity
The total indicative share trading liquidity for Japaul Gold & Ventures PLC (JAPAUL.ng) in the past 12 months, as of 5th July 2026, is US$13.3M (NGN18.41B). An average of US$1.11M (NGN1.53B) per month.

Japaul Gold & Ventures PLC 2025 annual report

https://africanfinancials.com/document/ng-japaul-2025-ar-00/

Oil prices keep rising because of Iran-US war. I want it to rise higher and higher

When is Iran going to attack Israel na?
Iran was boasting, bragging that it will attack Israel if US should attack Iran. US is now attacking Iran, but Iran is facing Kuwait, UAE, Bahrain, Qatar, Oman, Jordan etc. instead of Israel. Wetin happen na? Iran don miss road?
Netanyahu is waiting, expecting someone to miscalculate and misfire a missile towards Israel.

Na that time we go know say every madness get im medicine! Israel na your mate?

And crude oil prices go rise again for Aradel, Seplat (I no mention any other company name ooo)

A United States-based lobbying firm, Von Batten-Montague-York, has said it is willing to assist Prince Adeniyi Adeyemi, the embattled Director-General of the controversial Presidential Foreign Intervention Promotion Council (PFIPC), in seeking asylum in the United States.

Naija News reports that the firm also called for an investigation by American authorities into allegations made by Adeyemi against senior Nigerian government officials.

The development follows a series of posts shared over the weekend and on Monday by the firm’s representative, Dr Von Batten, on 𝕏.

In one of the posts published on Saturday, Von Batten said the organisation was interested in speaking directly with Adeyemi and was prepared to support any application for asylum and whistleblower protection.

“To anyone in contact with Mr. Adeyemi, we are very interested in speaking with him. We are prepared to assist Mr Adeyemi in seeking asylum in the United States and requesting whistleblower protection,” he wrote.

The lobbyist argued that allegations involving World Bank-financed projects could attract the attention of US authorities because of Washington’s role in the international financial institution.

“Because @WorldBankGroup funds reportedly form part of Nigeria’s national budget, and the United States is the World Bank’s largest shareholder, any credible allegations involving those funds would be of significant interest to U.S. authorities,” he stated.

He further warned that if anything happened to Adeyemi, his organisation would demand a thorough investigation into the circumstances.

In another statement issued on Monday, Von Batten said he had spoken directly with Adeyemi and believed his claims deserved further scrutiny.

He wrote, “This is Dr. Von Batten. I just spoke with Mr. Adeyemi. I found him to be sincere and credible.

“Based on our discussion, I believe his allegations warrant an investigation by Congress, @StateDept, @USTreasury, @USGAO, and other relevant U.S. agencies due to the alleged misappropriation of U.S.-funded World Bank loans by senior members of the Nigerian government.”

He also claimed that his organisation had already briefed senior members of US President Donald Trump’s team and would begin engagements with members of Congress this week.

“This past weekend, I briefed senior members of President @realDonaldTrump’s team on these allegations, and our team will begin briefing Members of Congress this week,” he added.

According to Von Batten, Adeyemi alleged that he was appointed to head the PFIPC by President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila.

The lobbyist further claimed that Adeyemi told him the agency operated from government premises, maintained accounts with the Central Bank of Nigeria, and received funding from the national budget, including resources allegedly linked to World Bank-supported projects.

Von Batten also said Adeyemi accused Gbajabiamila of demanding 45 per cent of the agency’s budget and alleged that he became a target after refusing to comply.

The claims have not been independently verified, and the Presidency has consistently denied wrongdoing in relation to the PFIPC controversy.

The American lobbyist also claimed that Adeyemi informed him that he and members of his family had gone into hiding over fears for their safety.

Von Batten warned that if any harm came to Adeyemi while he was preparing to cooperate with US authorities, those circumstances should be thoroughly investigated.

https://www.google.com/amp/s/www.vanguardngr.com/2026/07/us-lobbying-firm-offers-to-help-alleged-fake-presidential-agency-dg-seek-asylum/amp/

Interesting days ahead for Saint Gbaja and his friends

Lol. You overhype this your Netanyahoo. If he sure for am make he attack Iran solely and ask its bulldog, the US, to stand down and not interfere, make we check something.

mikeapollo:
Oil prices keep rising because of Iran-US war. I want it to rise higher and higher

When is Iran going to attack Israel na?
Iran was boasting, bragging that it will attack Israel if US should attack Iran. US is now attacking Iran, but Iran is facing Kuwait, UAE, Bahrain, Qatar, Oman, Jordan etc. instead of Israel. Wetin happen na? Iran don miss road?
Netanyahu is waiting, expecting someone to miscalculate and misfire a missile towards Israel.

Na that time we go know say every madness get im medicine! Israel na your mate?

And crude oil prices go rise again for Aradel, Seplat (I no mention any other company name ooo)

I thought someone said Trump na baby? 😂

OANDO no kukuma send una. Na Barrister Wale go determine what's up

mikeapollo:
Oil prices keep rising because of Iran-US war. I want it to rise higher and higher

When is Iran going to attack Israel na?
Iran was boasting, bragging that it will attack Israel if US should attack Iran. US is now attacking Iran, but Iran is facing Kuwait, UAE, Bahrain, Qatar, Oman, Jordan etc. instead of Israel. Wetin happen na? Iran don miss road?
Netanyahu is waiting, expecting someone to miscalculate and misfire a missile towards Israel.

Na that time we go know say every madness get im medicine! Israel na your mate?

And crude oil prices go rise again for Aradel, Seplat (I no mention any other company name ooo)

https://open.spotify.com/episode/55gHj6cmwR8hnQGI7RKlkP?si=7Ki2kaHxSd6MaWWAzOo80Q

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

STRONG woman.

Oasisblue:
Lol. You overhype this your Netanyahoo. If he sure for am make he attack Iran solely and ask its bulldog, the US, to stand down and not interfere, make we check something.

Why are you disturbing the conversation between Iran and the whole world?

I no overhype anybody.

Iran told the whole world that if US atacks the country, they will attack and destroy Israel.

Iran was the first to attack Israel directly in 2024 when they fired about 400 missiles at Israel when Biden was still US president. That was before Israel killed their top leaders and military generals.
And we know that Iran has become stronger since that time. So what is Iran still waiting for?
Netanyahu is expecting a "call to action" from Iran.
.
Iran even said their former president is an agent for Israel's Mossad!
Iran is completely finished if that is true because it means ALL their military plans, secrets and top echelons are in the hands of Israel

Oga Nosa2
Ngxforum.com have not been opening for the past two days now...
Was it taking down or it's certificate expiry issue sir?

I explained How the market traded last week and what may happen this week



https://www.youtube.com/watch?v=jSn5PfJ3Kc0

yMcy56:
Oga Nosa2
Ngxforum.com have not been opening for the past two days now...
Was it taking down or it's certificate expiry issue sir?

Na watin access bank dey cause. Na joke oh

And today Argentina's Peso is officially worthless.

This government no go kill us
The presidency and senate no want independent investigation into the kidnapping in oyo state. Na so them take sacrifice someone papa,husband and relation like chicken make them watch.
God why are u this merciful to inhumanity
Sometimes I wish na amadioha go dey operate

Itzlinda:
And today Argentina's Peso is officially worthless.

Pls explain in comparison with naira presently.Dont thr currency have better purchasing power than what naira has in nigeria which is most important thing to the citizens

yMcy56:
Oga Nosa2
Ngxforum.com have not been opening for the past two days now...
Was it taking down or it's certificate expiry issue sir?

I decided to stop running the forum. I created it for the community but after one year I have realized that the community is comfortable here and it just seemed unnecessary.

Thanks for the support, I really appreciate it

nosa2:
I decided to stop running the forum. I created it for the community but after one year I have realized that the community is comfortable here and it just seemed unnecessary.

Thanks for the support, I really appreciate it

Baba no be so creators dey give up o

https://www.youtube.com/live/nkJqu1dgsAw?si=wT8kgkJBj4kzms5R

A summary of today's trading session on the NGX as well as some napkin math on Chams.

Streetinvestor2:
Pls explain in comparison with naira presently.Dont thr currency have better purchasing power than what naira has in nigeria which is most important thing to the citizens

Purchasing power is relative. Dollar could drop 95% now and would still be more valuable than naira. The important thing how that will affect the life of the people in the street

😂

Agbalowomeri:
Baba no be so creators dey give up o

So na him make Peso worthless ni?

Itzlinda:
And today Argentina's Peso is officially worthless.

Itzlinda:
Purchasing power is relative. Dollar could drop 95% now and would still be more valuable than naira. The important thing how that will affect the life of the people in the street

The purchasing power is the important thing in currency to her citizen
What else are your talking about life of the people on the street. Argentina money can get her people more goods and better services than what we have presently in nigeria.

Streetinvestor2:
Pls explain in comparison with naira presently.Dont thr currency have better purchasing power than what naira has in nigeria which is most important thing to the citizens

Street must you defend everything? Even naira at its worst did not lose 95% of its value

Agbalowomeri:
Street must you defend everything? Even naira at its worst did not lose 95% of its value

Argentina is significantly wealthier than Nigeria on an individual and average citizen basis, boasting a GDP per capita of approximately $14,898 compared to Nigeria's $1,224.

megawealth01:
Argentina is significantly wealthier than Nigeria on an individual and average citizen basis, boasting a GDP per capita of approximately $14,898 compared to Nigeria's $1,224.

That's not the point. The currency lose 95% or e no lose 95%?