₦airaland Forum

mikeapollo:
Tinubu Shouldn't Be Spending Like A Drunken Sailor - Obasanjo

https://www.nairaland.com/8770036/shouldnt-spending-money-like-drunken

This your fishing expedition must have brought enough fishes to start an alternative government 🙄

ayobama1:
This your fishing expedition must have brought enough fishes to start an alternative government 🙄

That is how he (the clueless baron you are defending) was fishing until he became president! I learnt the ''expedition'' from him..

mikeapollo:
That is how he (the clueless baron you are defending) was fishing until he became president! I learnt the ''expedition'' from him..

You will become President too one day 🤣

mikeapollo:
Can't you sneak in Access Bank for once?
With all your expertise and alayses?
What kind of ''deliberate wickedness'' is this?

Access Bank? I wish. That one pass me. But never say never.

Let's be honest—Access is not an interim dividend play right now. The CBN is withholding approval because of a capital breach (foreign subsidiary exposure at 19.3% instead of the 10% limit). Management has until May 2027 to fix it, but so far, no concrete divestment or restructuring has landed. Until they fix it, no interim dividend.

And before you accuse me of "deliberate wickedness"—we are in the same ship together. Access is my largest holding by number of units. So if I am omitting it, I am omitting myself.

It is not wickedness, just facts. If Access fixes the breach and declares an interim dividend, I will add it myself.

ayobama1:
You will become President too one day 🤣

I would not become president if/when I am not ready for the intellectual and physical demands of the job.
I don't have ''emilokan'' mentality or sense of entitlement

ghm:
Access Bank? I wish. That one pass me. But never say never.

Let's be honest—Access is not an interim dividend play right now. The CBN is withholding approval because of a capital breach (foreign subsidiary exposure at 19.3% instead of the 10% limit). Management has until May 2027 to fix it, but so far, no concrete divestment or restructuring has landed. Until they fix it, no interim dividend.

And before you accuse me of "deliberate wickedness"—we are in the same ship together. Access is my largest holding by number of units. So if I am omitting it, I am omitting myself.

It is not wickedness, just facts. If Access fixes the breach and declares an interim dividend, I will add it myself.

Yeah, you are right.
But they seem to be gradually divesting some of their foreign subsidiaries.
They may just announce a big deal by end of December in order to avoid breaching the Mar2027 deadline.
Such divestment may lead to cash distribution to shareholders (special dividend) and potential jump in the share price.
Lets wait and see

'Nigeria offers faster business growth than Ghana' – Chicken Republic CEO

https://mobile.ghanaweb.com/GhanaHomePage/business/Nigeria-offers-faster-business-growth-than-Ghana-Chicken-Republic-CEO-2057927

Stockpromoter:
Loco insurance stocks leads,others follow.
Once Iei and Guinea picks up,watch Lasaco,Regency & co.

Lasaco not Loco's stock pick.
It lacks the catalyst we need.

But you dey talk down on Regency before nawu

mikeapollo:
I would not become president if/when I am not ready for the intellectual and physical demands of the job.
I don't have ''emilokan'' mentality or sense of entitlement

You already know more than the emilokan president, what else are you waiting for

SonofElElyonRet:
But you dey talk down on Regency before nawu

Regency doesn't have the first class catalyst like Guinea and Iei.
Regency is our second class.same level with Lasaco.
Our top picks usually move first

OANDO is troublesome sef 😢

Just when I thought Wale has been transformed to transform OANDO voom 😂

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -4.17%
SEPLAT. ±

ayobama1:
You already know more than the emilokan president, what else are you waiting for

Just let me do follow Emilokan's footsteps. He is the one who called a sitting president a ''drunken fisherman''.
So let me continue with the ''fishing expedition'' of the ''drunken sailor'', according to OBJ

mikeapollo:
Tinubu Shouldn't Be Spending Like A Drunken Sailor - Obasanjo

https://www.nairaland.com/8770036/shouldnt-spending-money-like-drunken

How come I started seeing your political posts again? I thought I blocked you before.

essentialone:
How come I started seeing your political posts again? I thought I blocked you before.

Why are you confessing to me?
But you are forgiven because your eyes are blessed for reading my posts

JPMorgan has deposited $38 million with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation - Bloomberg
https://x.com/business/status/2112408520595263528

BullBearMkt:
JPMorgan has deposited $38 million with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation - Bloomberg
https://x.com/business/status/2112408520595263528

Give the mic to the critics that never see anything good in the country since it's not their candidate in power.

I just they look all of una, by jan if pbat wins, una go chop plenty beans for my hand on this forum, better make sure he doesn't because I'm taking your names down somewhere in diary.

Even the street fighter, if you like block me every where, I will come after you, na that time you go know wetin them accountants like agba they call lifting the veil.

Mike, mega et.al beware....I'm coming for you if pbat wins reelection..pls I will not tolerate any excuses ooooo..win na win oooo..

Make person no tell me say hin candidate wins but no evidence ooooo. We no go jam agbako ooooo

Stockpromoter:
Regency doesn't have the first class catalyst like Guinea and Iei.
Regency is our second class.same level with Lasaco.
Our top picks usually move first

All of them don dey go down again sef

mikeapollo:
Do pray or wish that your family falls under severe poverty since you think it is ''...better than allowing the country to collapse...''

The incompetence of a govt cannot be used as the standard for economic management. Others would have done it better

We can ignore the clown post and he will disappear. That was why I always asked if he had portfolio.
He is working for 30k a month. He will soon disappear from here.

BullBearMkt:
JPMorgan has deposited $38 million with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation - Bloomberg
https://x.com/business/status/2112408520595263528

We are celebrating it .As this is the first foreign bank wanting to open office in naija..lol
What a big achievement

BullBearMkt:
Chart of 3 other African countries with robust stock market

I hope you understand what is wrong here. Simply presenting a chart without making the proper adjustments can lead you astray. Did you account for devaluation?

The growth you're seeing is expressed in naira, which has been devalued significantly. To make a fair comparison, you need to put all the countries on a common basis before plotting the data. That means converting each data point into its dollar equivalent at the time (the dollar has also lost value, but it is still a relatively useful benchmark) and then plotting the results.

Let's see if we still get that parabolic upward curve after making these adjustments.

BullBearMkt:
...well I love to provide data & no be dem say, dem say. If Morrocco, Egypt & SA, that are top market along with Nigeria, do not show "wonderful" performance in their stock market, but Kenya does, it might indicate money rotation. Monies might be rotating from the top 4 to the lesser performing markets which obviously Kenya is one of them.

Unfortunately, I struggle to find Kenya stock market index on the platform I'm using, I would have shown it.

Your application of the data is wrong. In percentage terms, relative to its own baseline, Nigeria performed very well. However, since we are comparing different countries, you need to express the data for all of them in the same unit to make a fair comparison.

ositadima1:
Your application of the data is wrong. In percentage terms, relative to its own baseline, Nigeria performed very well. However, since we are comparing different countries, you need to express the data for all of them in the same unit to make a fair comparison.

The guy wan twist my head because he know say na night school I go.
Make he deal with engineer like u in that maths and chart

Streetinvestor2:
We are celebrating it .As this is the first foreign bank wanting to open office in naija..lol
What a big achievement

...I can also predict that they may likely leave Nigeria after 3 years, due to fake production of their cards & other products

oga nosa watin make u enter sugar
I forgot to ask watin u see as u no be TA person

ositadima1:
I hope you understand what is wrong here. Simply presenting a chart without making the proper adjustments can lead you astray. Did you account for devaluation?

The growth you're seeing is expressed in naira, which has been devalued significantly. To make a fair comparison, you need to put all the countries on a common basis before plotting the data. That means converting each data point into its dollar equivalent at the time (the dollar has also lost value, but it is still a relatively useful benchmark) and then plotting the results.

Let's see if we still get that parabolic upward curve after making these adjustments.

Kindly present the normalised & dollarised one! lol!!!

BullBearMkt:
...I can also predict that they may likely leave Nigeria after 3 years, due to fake production of their cards & other products

Why will anyone want to produce fake of thr card and other products. Is that happening to other banks in nigeria
Besides they may only have offices in abj and lagos

crownprince2017:
I just they look all of una, by jan if pbat wins, una go chop plenty beans for my hand on this forum, better make sure he doesn't because I'm taking your names down somewhere in diary.

Even the street fighter, if you like block me every where, I will come after you, na that time you go know wetin them accountants like agba they call lifting the veil.

Mike, mega et.al beware....I'm coming for you if pbat wins reelection..pls I will not tolerate any excuses ooooo..win na win oooo..

Make person no tell me say hin candidate wins but no evidence ooooo. We no go jam agbako ooooo

You get it wrong. It is not all about winning election for everybody critiizing the govt.
Any presudent can "win" an election Nigera.
Buhari won a second term OBJ did.
Abacha would have won election if he did not die
Obasanjo would have won if the Senate did not block him for 3rd term

"Winning" an election in Nigeria is not too difficult for a desperate sitting President. By hook or crook he can always win.
Political parronage, money, thugs, ignorant electorate, security agencies, INEC righing, is all that it requires for a desperate sitting president to win agsin.
So in acrual fact Tinubu can "win" again, either genuinely or otherwise.

But that does not indicate he has performed well in govt. Several of such examples abound in Africa! It is nothing new
For me, he has a clear advantage unless something drastic happens. But I am not imoressed by his performance in govt. It has been poor!

mikeapollo:
You get it wrong. It is not all about winning election for everybody critiizing the govt.
Any presudent can "win" an election Nigera.
Buhari won a second term OBJ did.
Abacha would have won election if he did not die
Obasanjo would have won if the Senate did not block him for 3rd term

"Winning" an election in Nigeria is not too difficult for a desperate sitting President. By hook or crook he can always win.
Political parronage, money, thugs, ignorant electorate, security agencies, INEC righing, is all that it requires for a desperate sitting president to win agsin.
So in acrual fact Tinubu can "win" again, either genuinely or otherwise.

But that does not indicate he has performed well in govt. Several of such examples abound in Africa! It is nothing new
For me, he has a clear advantage unless something drastic happens. But I am not imoressed by his performance in govt. It has been poor!

Ogbeni, I ask again. Do you have a job? 🤔

Stockpromoter:
Avacap dey wait for VFD Q3 result.
Any Bleep up,Ava go close the share price gap.
Stock with strong stamina.
Ucap is the main target

Avacap is an illiquid stock