₦airaland Forum

*Lasaco Assurance expands into agricultural insurance*.

*Key point:* Lasaco Assurance Plc has obtained *formal approval to offer agricultural insurance products.*

*What it means:*
- Strategic expansion into agric value chain
- Broadens product portfolio beyond general/life
- Aims to boost revenue — per MD *Ademoye Shobo*, approval will substantially boost revenue going forward

*Products they can now offer:*
- *Multi-Perils Crop Insurance*
- *Plantation Insurance*
- *Poultry Farm Insurance*
- *Fishery Insurance*
- *Livestock Insurance*
- *Farm Property and Produce Insurance*
- *Cattle Insurance*

This is part of a bigger trend — NAICOM pushing insurers into agric to de-risk food security lending.

A few stocks on my radar in today's trading session on the NGX

https://open.spotify.com/episode/6quZfkPD7QhQfV6DusYS8d?si=-x6P13NOTZyBN3-sEZUIdA


https://youtube.com/live/EFTzoTJVwKg?feature=share

Insurance post- recapitalization.
Watch out for rerating in the coming days/weeks.
Two insurance stocks with good catalysts are already in our watchlist

Guinea and Iei

🔥 INTENEGINS: CAN ₦2.10 BE THE BOTTOM TODAY? 🔥

IEI closed at ₦2.09 yesterday. Today, all eyes are on ₦2.10!

If buyers absorb the shares offered at ₦2.10 and buying demand strengthens, the stock could begin a recovery.

But if selling pressure continues, the price may fall further.

🎯 Can ₦2.10 become the floor? Let's watch today's price action and volume!

#INTENEGINS #IEI #NGX

Ding!

TARGET TECHNICAL ANALYSIS MORNING MARKET COMMENTS
Now we are wired to total swing trading. On the livestock feeds previously recommended, we are ready to take profit, target is between 17.00 to 19.78. However, we should use a trailing stop, in case "Mugus" decide ro pay

INTENEGINS JUST HIT A NEW 52-WEEK LOW!
Down 9.57% today to ₦1.89, its lowest price in a year.

Numbers 14:4 - And they said to one another, ‘Let us choose a leader and go back to Egypt.’”

Iei has touched the floor price of today and bounced.
Today it also traded at its 52wks low which is 1.89.
Goodluck to those who monitored and took position.
Some people will make 10-15% profit in today's session alone.
Next is absorptions of supply.
We will be making money in this stock trading with our TA+catalysts

SonofElElyonRet:
Didn't catch that.. Asset stripping?
p.s. dat one no mean say make Oando price go up. Na still wale

There is plan by NNPC to sell its stake in some JVs to Renaissance (Aradel), Oando, Sterling Oil and some other investors in the upstream sector. The FG mooted the idea sometime ago, but soft-pedaled after PENGASSAN and other stakeholders kicked against it.
The article you posted clearly shows that they still intend to go ahead with the plan. If it happens, Aradel and Oando will surely be beneficiaries and it will enhance their production, revenue, profit and upward trajectory of their prices, especially for Oando.

toyeoye:
INTENEGINS JUST HIT A NEW 52-WEEK LOW!
Down 9.57% today to ₦1.89, its lowest price in a year.

This is how the game is played.
IEI is showing signs of a potential bullish turnaround after touching its floor price and 52-week low before recovering immediately.
🎯 Today's focus: Absorbing the ₦2.10–₦2.15 supply zone could open the door for a stronger upward move.
🔥 Buyers, watch closely! If demand steps in with strong volume, IEI could be preparing for an exciting rebound.
Can IEI clear the supply and take off? Eyes on the order book! 🚀📊

livestock Feed 🔥

Apollo Theorem

mikeapollo:
There is plan by NNPC to sell its stake in some JVs to Renaissance (Aradel), Oando, Sterling Oil and some other investors in the upstream sector. The FG mooted the idea sometime ago, but soft-pedaled after PENGASSAN and other stakeholders kicked against it.
The article you posted clearly shows that they still intend to go ahead with the plan. If it happens, Aradel and Oando will surely be beneficiaries and it will enhance their production, revenue, profit and upward trajectory of their prices, especially for Oando.

toyeoye:
INTENEGINS JUST HIT A NEW 52-WEEK LOW!
Down 9.57% today to ₦1.89, its lowest price in a year.

What if the dip gets deeper?

SonofElElyonRet:
Apollo Theorem

Nooo.
So you are not aware? Why not do some simple search

For Austinlaz,no need of wasting precious time on it again.
The power that brought it down from its 52wks high is here to take it back to that junction again.

We can only watch now.The door is padlocked and key thrown into the river

mikeapollo:
Nooo.
So you are not aware? Why not do some simple search

I'm talking about your optimism about Oando

mikeapollo:
There is plan by NNPC to sell its stake in some JVs to Renaissance (Aradel), Oando, Sterling Oil and some other investors in the upstream sector. The FG mooted the idea sometime ago, but soft-pedaled after PENGASSAN and other stakeholders kicked against it.
The article you posted clearly shows that they still intend to go ahead with the plan. If it happens, Aradel and Oando will surely be beneficiaries and it will enhance their production, revenue, profit and upward trajectory of their prices, especially for Oando.

There is no need to sell but they can list the company to raise funds for other things. No need to sell a profitable business when you can just admit shareholders

SonofElElyonRet:
What if the dip gets deeper?

Do you know the magic that brought that dip today?
Without that low,there will be no recovery.

Hope you are not waiting for another dip?
Very soon you will see it trading at 2.50+

Your time to buy is now or next is Austinlaz experience.

🚀 AVACAP: THE ERA OF ₦5+ MAY SOON BE HISTORY! 📈🔥

AVACAP is a new bull discovering a new price territory, and many may be surprised by what comes next.

Could AVACAP become the UCAP of our time? 👀

With its price action attracting attention, this is one stock worth watching closely as it attempts to establish higher levels.

🎯 AVACAP is writing a new chapter. Will you be watching when the market wakes up? 🚀

#AVACAP #NGX #PriceDiscovery #BullishWatch

I will never touch any business owned by this racist islamophobe neonazi by a long pole. I wonder why black people and/or people of the Muslim faith continue to invest in and enrich a guy who routinely incites hatred against them and advances the cause of white supremacy.

SonofElElyonRet:
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

SonofElElyonRet:
Apollo Theorem

https://www.petroleumprice.ng/news/articles/nupeng-pengassan-reject-sale-of-nnpcl-stakes-to-oando

https://guardian.ng/energy/nupeng-pengassan-reject-fgs-planned-sale-of-jv-oil-assets/

https://guardian.ng/news/nnpc-opens-bid-to-sell-stakes-in-oil-gas-assets/


These are some of the publications.

chimex38:
You are right.. Thank you.
I didn't see the Naira sign earlier.

If N50, 000 is guaranteed, no need to apply.

https://techcabal.com/2026/10/14/opay-1-28-lending-problem-nigeria/

Some details about Opay

mikeapollo:
https://www.petroleumprice.ng/news/articles/nupeng-pengassan-reject-sale-of-nnpcl-stakes-to-oando

https://guardian.ng/energy/nupeng-pengassan-reject-fgs-planned-sale-of-jv-oil-assets/

https://guardian.ng/news/nnpc-opens-bid-to-sell-stakes-in-oil-gas-assets/


These are some of the publications.

No wahala.. Oando may still not appreciate correspondingly
Personally I hope pengassan and nupeng succeed in stopping the sales or at least the JV stake

Oasisblue:
I will never touch any business owned by this racist islamophobe neonazi by a long pole. I wonder why black people and/or people of the Muslim faith continue to invest in and enrich a guy who routinely incites hatred against them and advances the cause of white supremacy.

You made accusations with no shred of proof or evidence. Man's a genius and I see no racism from him

Stockpromoter:
Do you know the magic that brought that dip today?
Without that low,there will be no recovery.

Hope you are not waiting for another dip?
Very soon you will see it trading at 2.50+

Your time to buy is now or next is Austinlaz experience.

I'm okay with guinea and regency though latter is now lower than my entry price

SonofElElyonRet:
No wahala.. Oando may still not appreciate correspondingly
Personally I hope pengassan and nupeng succeed in stopping the sales or at least the JV stake

Lol
Why always Oando?
Awon ota po'ju enemy lo!

If it happens, do not say I did not inform you.

SonofElElyonRet:
I'm okay with guinea and regency though latter is now lower than my entry price

It will be difficult for Regency to cross #1 but easier for Guinea to do #2+.It will be easier for Iei to do #3+ while Regency crawl slowly.

You know why?

I presume you dont follow him on X? Right?

SonofElElyonRet:
You made accusations with no shred of proof or evidence. Man's a genius and I see no racism from him

essentialone1:
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.

This isn't a good advice on the surface. It will end in regret for the typical young investor. This is what an old man in his 60s will need. Not a young person. Safety does not mean you lock your money where inflation makes nonsense of it. What you would have done is ask more questions about his overall plans and timeline. A balanced mutual fund with a mix of equities, money market assets, fixed income assets, commercial papers, etc will far beat this advice irrespective of market outcomes.

Insurance go wyne you

toyeoye:
INTENEGINS JUST HIT A NEW 52-WEEK LOW!
Down 9.57% today to ₦1.89, its lowest price in a year.