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Nigerian Stock Exchange Market Pick Alerts - Investment (11108) - Nairaland

Nairaland Forum › Nairaland General › Investment › Nigerian Stock Exchange Market Pick Alerts (17212285 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:39pm On Oct 14
COPY and PASTE

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:40pm On Oct 14
ghm:
Good. Thank you.

You are right to ask. The problem is real. But fuel subsidy is not the solution.

On public transport:
You are correct that Nigeria lacks efficient public transport. But that is an argument for building it, not for fuel subsidy. And it is already happening.

CNG buses have cut fares by up to 83% in Borno, 60% in Oyo and Plateau, 50% in Adamawa and Abia, 40% in Enugu and FCT. A Lagos–Ibadan trip that cost N8,000 now costs N3,200.

Is it nationwide? No. Kwara has 19 buses. Niger has 200 parked for lack of refuelling centres. But CNG stations have grown from under 10 in 2023 to over 90 today. Execution is imperfect. Direction is right.

The IMF's recommendation is exactly this: subsidise bus fares, not fuel prices. That is what CNG does—it cuts transport costs for commuters, not fuel costs for everyone.

On producers' power costs:
You are right that power is unreliable. But that is why solar is now viable. Small-scale solar costs N85–140 per kWh, below the Band A grid tariff of N225–270 per kWh.

The World Bank is supporting off-grid and renewable solutions—mini-grids and standalone solar for unconnected communities. The NDPHC is developing dedicated solar for industrial clusters to reduce diesel dependence.

The answer to unreliable power is not subsidising the diesel burned in generators. It is building the alternatives that make generators unnecessary.

On fuel as the common commodity:
Yes, transport and power both use fuel. That is exactly why fuel subsidy is the wrong tool. Subsidising fuel subsidises consumption—and the biggest consumers are the rich. The IMF's data is clear: 83% of gasoline subsidy benefits go to the richest 40%, and the richest 20% capture six times more than the poorest 20%.

The poor benefit most not from cheap fuel, but from cheap transport and cheap power. Subsidise those directly.

The fiscal reality:
Subsidy savings from June 2023 to December 2025 were N15.8 trillion. If that money returns to fuel subsidy, it disappears into the pump and benefits the rich most. If it goes into CNG buses, solar mini-grids, and targeted cash transfers, it reaches the people who need it.

You are right that Nigeria lacks efficient public transport and reliable power. But you do not fix that by subsidising the fuel a broken system burns. You fix it by building the alternative—and the government is already doing that, imperfectly but directionally.
Okay, clap for govt for the less than 200,000 CNG buses they have converted in 3 years, and use that as basis to justify removal of fuel subsidy.
No wonder, you are still quoting and glorifying biased figures and policies of IMF, who only propagate policies that make African countries poor and Western countries rich! Yet, the same IMF does not criticize any form of subsidies in Europe or America.
Keep on talking about Solar power, which is less than 0.5% in penetration.
Keep the fantasies on. Anything to make the govt look and feel great.

I am outta here
Re: Nigerian Stock Exchange Market Pick Alerts by ayobama1: 6:39pm On Oct 14
mikeapollo:
Okay, clap for govt for the [/b]less than 200,000 CNG buses they have converted in 3 years[b], and use that as basis to justify removal of fuel subsidy.
No wonder, you are still quoting and glorifying biased figures and policies of IMF, who only propagate policies that make African countries poor and Western countries rich! Yet, the same IMF does not criticize any form of subsidies in Europe or America.
Keep on talking about Solar power, which is less than 0.5% in penetration.
Keep the fantasies on. Anything to make the govt look and feel great.

I am outta here
Does it mean private companies/individuals are not allowed to carry out CNG conversion or the public don't have a buy in yet?
Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 7:05pm On Oct 14

https://www.youtube.com/watch?v=PcUALLP87oM?si=Ga83wBRBs2lU3QV2

A summary of today's trading session on the NGX
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 7:13pm On Oct 14
ayobama1:
Does it mean private companies/individuals are not allowed to carry out CNG conversion or the public don't have a buy in yet?
There are very few certified CNG conversion/installation workshops and the initial cost is very high (even though it is much cheaper in the long run)..
The FG should have ensured there is widespread conversion workshops e g. In every local govt,, universities, polytechnics, State govt secretariates, motor licensing offices, some fuel marketing stations e g NNPC filling stations,etc in order to ensure deeper penetration and accessibility.
They failed to do that so the penerration is still very low.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:20pm On Oct 14
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38:
₦26million and below worth of shares are almost guaranteed to get all alloted shares.

https://leadership.ng/dangote-pledges-priority-allocation-for-n50000-below-investors-in-refinery-ipo/

Edit:
Please disregard the ₦26million.
It's ₦50,000 that's almost guaranteed to be alloted


Edit 2:
Dangote actually said 50,000 shares and below.
So the 26million naira worth of shares is correct from the horses mouth.
Re: Nigerian Stock Exchange Market Pick Alerts by ghm: 11:15pm On Oct 14
mikeapollo:
Okay, clap for govt for the less than 200,000 CNG buses they have converted in 3 years, and use that as basis to justify removal of fuel subsidy.
No wonder, you are still quoting and glorifying biased figures and policies of IMF, who only propagate policies that make African countries poor and Western countries rich! Yet, the same IMF does not criticize any form of subsidies in Europe or America.
Keep on talking about Solar power, which is less than 0.5% in penetration.
Keep the fantasies on. Anything to make the govt look and feel great.

I am outta here
I hear you and I had to catch up with some evening runs too, now that I am done, let me correct the record on a few things before you go.

On CNG buses: You are right that the numbers are still small. I never said the programme was complete. I said the direction is right. Converting buses takes time, refuelling infrastructure takes investment, and execution has been imperfect. But it is happening. That is the point.

On the IMF: I am not glorifying the IMF. I am citing their data because it is verifiable. If you have counter-data showing that fuel subsidy benefits the poor more than the rich, I am willing to look at it. But you have not provided any. You have only asserted that the IMF is biased. That is not an argument—it is a dismissal.

On solar: You say penetration is below 0.5%. That may be true. But you are describing the current state, not the trajectory. Every technology starts below 1%. The question is whether the cost curve and policy direction make it viable. Solar costs have fallen to N85–140/kWh, below grid tariffs for many consumers. That is not fantasy. That is arithmetic.

On subsidies in Europe and America: You keep making this comparison. But Europe does not have blanket fuel subsidies. It has targeted transport subsidies—bus fare caps, free passes for the elderly and disabled, commuter tax allowances. Those are not the same thing. If Nigeria had Europe's targeted system, we would not be having this argument.

On the timeline: For example, most EU countries—with their affluence and technologically advanced private and public sectors—planned 10 to 20 years for EV adoption in favour of internal combustion vehicles. The 2035 ban was proposed in 2021, agreed in 2022, and became law in 2023—12 years from proposal to deadline. Even now, the EU is relaxing it: the December 2025 revision allows 10% hybrid and ICE sales after 2035. Along the way, they built 1.1 million public charging points by end-2025—five times the 2020 level. Germany's own plan targeted 1 million public points by 2030. Several private sector companies jumped into it. No one expected the transition to happen in 3 years. It is only in Nigeria that citizens expect such a magic wand.

So yes—expecting Nigeria to shift in 3 years, when the EU gave itself 12 and still needed flexibility, is not realistic. The direction is right. The timeline was never going to be 3 years.

On "making the government look great": I am not here to defend any government. I am here to follow the data. If the data showed that fuel subsidy was the most efficient way to help the poor, I would say so. But it does not.

You are out. That is fine. But before you go, ask yourself one question: if fuel subsidy is the best way to help the poor, why does the evidence consistently show the rich capture most of it? You have not answered that. You have only said the messenger is biased.

The door is open if you want to engage with the data.

BTW, for people wondering about the relevance of this type of discussion to the thread, here is the connection: think of SEPLAT, Oando, TotalEnergies, Aradel, Dangote Refinery, the proposed NNPC IPO, and the banking sector.

A deep understanding of these policy issues—and the basis and trajectories of government decisions—helps us make sharper investment decisions.
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 11:35pm On Oct 14
I think Mike just oppose for opposing sake...

Na only u I know who think fuel subsidies should remain even though it's clear like day and night that it's not sustainable..

If you are a socialist you better move to the north before we divide na their mentality be that... financing mass wedding crew.. grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 11:40pm On Oct 14
Even the desperate old man looking for power by all means is yet to show workings on how he would return it sustainably.

Talk is cheap, anybody can say I will return fuel subsidy.

It's just unfortunate that he can't win I for say they no born am well to restore the fuel subsidy under this broke Nigeria currently.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:48pm On Oct 14
chimex38:
₦26million and below worth of shares are almost guaranteed to get all alloted shares.

https://leadership.ng/dangote-pledges-priority-allocation-for-n50000-below-investors-in-refinery-ipo/
That'll be nice. How did you reach that conclusion though?
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:50pm On Oct 14
JUST IN: Elon Musk's Tesla $TSLA and SpaceX $SPCX may announce plans to merge before December, Barclays reports.
Source: Watcher.Guru

Behemoth company

He might just throw in X too
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38:
SonofElElyonRet:
That'll be nice. How did you reach that conclusion though?
50,000units X ₦525
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:00am On Oct 15
chimex38:
₦26million and below worth of shares are almost guaranteed to get all alloted shares.

https://leadership.ng/dangote-pledges-priority-allocation-for-n50000-below-investors-in-refinery-ipo/
I think it is those who apply for 100 shares (i e N52,500), and below.
I may be wrong though.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:03am On Oct 15
chimex38:
50,000units X ₦525
It is for N50,000, and not 50,000 units
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:18am On Oct 15
mikeapollo:
It is for N50,000, and not 50,000 units
mikeapollo:
I think it is those who apply for 100 shares (i e N52,500), and below.
I may be wrong though.
You are right.. Thank you.
I didn't see the Naira sign earlier.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
SonofElElyonRet:
Get ready guys... Might be sooner than you think

https://businessday.ng/news/article/nnpc-advances-ipo-plans-moves-to-close-governance-gaps/?fbclid=IwZXh0bgNhZW0CMTEAcGRvZgNzcnRjBmFwcF9pZA8yNzUyNTQ2OTI1OTgyNzkAAR4C1POt3-WZ5eD4_G21ySF2nEN2csuoEMsSfFeFzWp7IHgnLkcfdYp35M1xGw_aem_WWLVqQAgZELlohekzldAmw
Thank you for this.
Hope you read the subtle hint about what is likely to happen early next year? The sale of up to 30‰ stake in JVs to partners?
Those partners are Seplat, Aradel, Oando etc.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:13am On Oct 15
Re: Nigerian Stock Exchange Market Pick Alerts by Oluseun234: 2:07am On Oct 15
essentialone1:
This is the clearest warning sign yet, for Tier-1 banks.

*The headline numbers - H1 2026:*

- *OPay:* Revenue +136.50% to $467.1m (N623.8bn), Pretax +276.00% to $134.5m, Net +318.00% to $90.9m
- *Zenith:* Gross earnings -24.60% to N1.899trn, Net income -19.00% to N430.7bn (tax hit)
- *GTCO:* Gross +3.20% to ~N1.1trn, PBT +0.40% to N603bn, PAT -7.70% to N414.2bn, Fee income -9.00% to N123bn, Loan book flat at N3.14trn

OPay is now ∼33.00% of Zenith's revenue and ∼28.00% of its profit, from almost zero, just 4 years ago. 89.50% of OPay's revenue, is still from Nigeria.

*Where OPay is actually winning:*

1. *Distribution:* 50.1m MAU, 26.8m DAU (July 31), tripled since Q1 2024. 90.1bn transactions worth $558bn LTM. 800k POS terminals + agents vs 5 bank branches per 100k people in Africa.
2. *Lending pivot:* This is the real threat. New loans originated in H1 tripled to $927.6m (N1.24trn), 6.7m borrowers in Q2 (7x vs early 2024). Loan income $236.1m (+168.00%) is now its biggest revenue line. Outstanding $324.9m is still only 3.60% of Zenith's book and 14.00% of GTCO's, but growing 204.00%.
3. *Deposits:* 42m+ users with savings, $978.9m balances (N1.31trn) — NDIC insured, interest-bearing. That's cheap deposits, that banks are losing.

*Why GTCO's -9.00% fee income matters:*
OPay's transaction revenue +87.00% to $130.6m, while GTCO's fee income fell. Banks live on fees + cheap retail deposits. If salary, transfers, and savings sit in OPay first, banks lose the data, and the float.

Zenith's defense is working better — fee income +40.00% on digital, NIM widened to 12.40%. So Tier-1s can compete, but not with branch-led model.

*OPay's own risk is flagged in its October 9 NYSE prospectus:*
- Credit loss provisions = 25.00% of revenue (high-risk 100-day loans).
- Regulatory risk of rate caps
- FX trap: limits moving dollars out of Nigeria could block dividends to foreign shareholders

Bottom line:

It's not size, it's velocity. OPay has 66.10% of active users, across finance apps, in Nigeria. Banks still dwarf it, but the daily habit, has flipped to fintech.
You must be a seasoned economist or banking and Finance graduate. I don't understand all the statistics you outlined if not for your conclusive statement, I would have been so confused 😀🙏. Pls I am thinking to open a standard regular in Stanbic and to a open their fixed deposit account with them, based on your statistical records, do you advise one open a fixed deposit with Opay? How do you see Moniepoint and Piggyvest? Again, I am thinking of funds safety. I plan to maximize 4M through a solid financial investment instrument . Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 3:16am On Oct 15
AFRIPRUD Finds Value as Registry Services Demand Grows

On the broader daily chart, Africa Prudential has traced out a well-structured five-wave advance from its multi-year lows near ₦2, with the peak around ₦20 marking the completion of a grand cycle impulse labelled Wave I at the highest degree. The subsequent decline from that peak is best counted as a corrective sequence, with the current structure forming a three-wave A-B-C correction where Wave (C) is now in its terminal…

https://ewnation.com/afriprud-finds-value-as-registry-services-demand-grows/

Not financial advice.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 4:56am On Oct 15
For your *₦4M* and because you said *safety is first*, here's how I see those 4 options:

*1. Stanbic Fixed Deposit*
- *Safest of the 4.* It's a Tier-1 bank, regulated by CBN, your money is insured by NDIC.
- Rate is *lower* — around 7.00% to 11.00% per year depending on tenor now. So ₦4M won't double fast, but your capital is very secure.
- Good if your main fear is "I don't want story."

*2. OPay Fixed / OPay Safebox*
- They pay *much higher* — sometimes 15.00% to 18.00%, which is why people like them.
- OPay is a licensed Mobile Money operator, but *it is NOT a bank*. Your deposit is *NOT NDIC insured* like a bank. If anything goes wrong, recovery is harder.
- I don't advise putting your *full ₦4M* there if safety is your #1 goal. You can use it for small daily money, not core savings.

*3. Moniepoint*
- This one is now a *Microfinance Bank*, so it *is licensed by CBN and NDIC insured* (up to ₦5M per depositor, same rule as other MFBs).
- Safer than OPay, and rates on their fixed deposits, are better than Stanbic — around 12.00% to 15.00%.
- Solid middle ground for safety + better returns.

*4. PiggyVest*
- Not a bank, it's a *savings platform*. But they are well-structured — they keep money with custodians like Providus Bank, and they have compliance record.
- Their Safelock can give you *up to 20.00%+* if you lock long. Safety is *good for a fintech*, but technically not NDIC insured directly, in your name.
- Good for discipline, not for your entire emergency fund.

*If I were thinking like you — safety + maximizing ₦4M:*

Don't put all eggs in one basket.

Example of what many safety-conscious people like me will do:
- *₦2.5M in Stanbic Fixed* — your untouchable core.
- *₦1M in Moniepoint Fixed* — higher interest but still insured.
- *₦500k in PiggyVest Safelock* — to test higher return.

Avoid locking the full ₦4M in OPay, if safety worries you.

Enough said.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:20am On Oct 15
mikeapollo:
Thank you for this.
Hope you read the subtle hint about what is likely to happen early next year? The sale of up to 30‰ stake in JVs to partners?
Those partners are Seplat, Aradel, Oando etc.
Didn't catch that.. Asset stripping?
p.s. dat one no mean say make Oando price go up. Na still wale
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:23am On Oct 15
chimex38:
50,000units X ₦525
You just raised my hopes and dashed it almost immediately grin
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 7:01am On Oct 15
mikeapollo:
Thank you for this.
Hope you read the subtle hint about what is likely to happen early next year? The sale of up to 30‰ stake in JVs to partners?
Those partners are Seplat, Aradel, Oando etc.
3 months ago

https://www.vanguardngr.com/2026/07/seplat-energy-to-sell-10-nnpcl-joint-venture-stake-for-281-6m/amp/
Re: Nigerian Stock Exchange Market Pick Alerts by ehay(f): 7:41am On Oct 15
megawealth01:
COPY and PASTE
Can't they reduce the amount to what people can afford or do banks mop up from interested customers with lower amount to make up the 50million minimum amount
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 7:52am On Oct 15
chimex38:
₦26million

Edit:
Please disregard the ₦26million.
It's ₦50,000 that's almost guaranteed to be alloted
The report is different from what dangote said in the video. he specifically said 50,000 shares.

see video below

Re: Nigerian Stock Exchange Market Pick Alerts by Mandem05: 7:59am On Oct 15
mikeapollo:
There are very few certified CNG conversion/installation workshops and the initial cost is very high (even though it is much cheaper in the long run)..
The FG should have ensured there is widespread conversion workshops e g. In every local govt,, universities, polytechnics, State govt secretariates, motor licensing offices, some fuel marketing stations e g NNPC filling stations,etc in order to ensure deeper penetration and accessibility.
They failed to do that so the penerration is still very low.
How many CNG filling stations do we have across major cities in Nigeria?
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:33am On Oct 15
unite4real:
The report is different from what dangote said in the video. he specifically said 50,000 shares.

see video below

Thanks for the video link.

Yes. He specifically said 50,000 shares.
So the ₦26million worth is inplace to fully get allotment.

All these journalists that don't pay attention to obvious details that are critical and capable of misinforming the public.

Thank you again.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:36am On Oct 15
SonofElElyonRet:
You just raised my hopes and dashed it almost immediately grin
50,000 shares from the horse's mouth himself.
So It's actually ₦26million worth.

your hopes have been renewed again. grin


Direct source


Credit: @unite4real
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:41am On Oct 15
Hello
chimex38:
It's actually ₦26million worth.
your hopes have been renewed again. grin


Direct source


Credit: @unite4real
Great . Na 20k units I applied for.. 👍
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 8:47am On Oct 15
chimex38:
Thanks for the video link.

Yes. He specifically said 50,000 shares.
So the ₦26million worth is inplace to fully get allotment.

All these journalists that don't pay attention to obvious details that are critical and capable of misinforming the public.

Thank you again.
Journalist in naija are always in a hurry to release news
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:48am On Oct 15
You understand the game 😜
ehay:
Can't they reduce the amount to what people can afford or do banks mop up from interested customers with lower amount to make up the 50million minimum amount
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