₦airaland Forum

SonofElElyonRet:
O su mi. Chuka did us dirty

It needs TA catalyst..lol

KarlTom:
I doubt that's from the refinery.
The quarry also returned 51.9m for Q3 '25...

Abeg! Make una put some respect on the word ''Refinery''
Only Alhaji has the true ''Refinery''

Which one you people dey call ''refinery'' again? Is it the Japaul ''goldsmith''?

Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

Agbalowomeri:
Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

Haha. I thought things would change. I guess we just have to wait until the insurance sector visibly starts expanding and improving.

I'll start NGX actively in 2027

All stocks in my MAIN investment ACCOUNT since years up until now are still intact untouched anyways

SonofElElyonRet:
Ok.. meanwhile Alhaji don vex. This should benefit Dangote Refinery Lagos . He also mentioned refining so long term he may be considering setting up another Refinery in Cameroon

Nigerian billionaire Aliko Dangote has established a new oil and gas company in Cameroon, three months after his group announced plans to develop fuel storage and pipeline infrastructure in the country. The new company, Dangote Oil & Gas Cameroon SA, has a broader mandate that covers everything from fuel imports and distribution to refining and petrochemicals.

The company was incorporated on October 28, 2026, with initial capital of CFA10 million and Bertrand Mbouck as CEO. Aliko Dangote is one of its four directors. According to a legal notice published in Cameroon Tribune on October 29, the company is headquartered in Douala's Bonanjo district and has a registered operations center in the Kribi industrial zone. The CFA10 million in initial capital is exactly the minimum required for public limited companies under Article 387 of the Uniform Act of the Organization for the Harmonization of Business Law in Africa (OHADA). The amount therefore provides no indication of how much the company's backers intend to invest in oil infrastructure. The notice also does not identify the shareholders or disclose their respective stakes.

The company's establishment follows a proposal presented to the Cameroonian government three months earlier. On July 21, 2026, Devakumar Edwin, Dangote Group's vice president with responsibilities that include oil and gas, met with Prime Minister Joseph Dion Ngute. Edwin announced the group's intention to develop a fuel storage facility that could connect to a pipeline network to facilitate fuel distribution. Aliko Dangote revisited the plan on October 21 at the Financial Times Africa Summit in London, where he described the group's proposed petroleum distribution project in Cameroon as close to finalization. However, no details have been released about its financing, capacity, or implementation schedule.

Activities Ranging From Storage to Refining

Dangote Oil & Gas Cameroon SA has been established with a broad range of permitted activities. Its corporate purpose includes the design, financing, construction, and operation of pipelines for crude oil, natural gas, and refined petroleum products. The company is also authorized to develop and operate storage depots, marine terminals, and facilities for loading and unloading hydrocarbons.

Its registered activities also cover fuel imports, exports, storage, wholesale trade, and distribution. Other permitted operations include oil refining, petrochemicals, the sale of liquefied petroleum gas (LPG), lubricants, and bitumen, as well as the operation of gas stations. This scope goes well beyond the storage terminal project presented to the government in July. It gives the company the legal basis to operate at several stages of the oil and gas supply chain, subject to the necessary regulatory approvals. The legal notice, however, does not establish which of these activities the company will actually pursue.

You eh 🤣😂🤣

Streetinvestor2:
It needs TA catalyst..lol

Excellent q2 result from Honeywell flour mills!!!

Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the discovery of an estimated 157 billion cubic feet (Bcf) of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in Nigeria.

What is happening in first bank?...#125.55

They are yet to deploy the recapitalisation monies.
CBN still holding. I don't know why and for how long.

Agbalowomeri:
Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

GeneralDae:
Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the discovery of an estimated 157 billion cubic feet (Bcf) of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in Nigeria.

Oil and Gas ''reforms''?

mikeapollo:
Oil and Gas ''reforms''?

Of course.

strenghtt:
What is happening in first bank?...#125.55

Real value is 68 or thereabouts

GeneralDae:
Of course.

Dey play!

Na today oil companies dey discover oiland gas in Nigeria?
Abi na Tinubu ''reforms'' established Seplat or gave them licence?

BUACEMENT
https://doclib.ngxgroup.com/Financial_NewsDocs/BUA_Cement_Plc_-_Q3_2026_UFS.pdf

MEYER
https://doclib.ngxgroup.com/Financial_NewsDocs/48244_MEYER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

NASCON
https://doclib.ngxgroup.com/Financial_NewsDocs/48245_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

LINKAGE ASSURANCE
https://doclib.ngxgroup.com/Financial_NewsDocs/48247_LINKAGE_ASSURANCE_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

SOVEREIGN TRUST INSURANCE
https://doclib.ngxgroup.com/Financial_NewsDocs/48249_SOVEREIGN_TRUST_INSURANCE_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

C AND I LEASING
https://doclib.ngxgroup.com/Financial_NewsDocs/48250_C_AND_I_LEASING_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

HONEYWELL
https://doclib.ngxgroup.com/Financial_NewsDocs/48251_HONEYWELL_FLOUR_MILL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2027_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

MOFI REAL ESTATE INVESTMENT
https://doclib.ngxgroup.com/Financial_NewsDocs/48252_MOFI_REAL_ESTATE_INVESTMENT_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf

Source
https://ngxgroup.com/exchange/data/corporate-disclosures/

You like trouble

Streetinvestor2:
It needs TA catalyst..lol

Pls allow me to rant for a friend.
Cham needs to review their operating model. How do you make almost 6B revenue in a quater with only 5% PAT? For an IT firm, this cannot be true. Something is fundamentally wrong.

BUA appears to be leading the Q3 performance chart

But seems already priced in

I once had a dream and it happened. Unfortunately, I wasn't prepared. This time around, I will topup and wait to see how the market will react.

Streetinvestor2:
I am expecting it.It will be massive if obi or Atiku wins only
The FPI will dive in like kiloda as the image of the country will be restored in usa

Agbalowomeri:
BUA appears to be leading the Q3 performance chart

But seems already priced in

Honeywell could be worth N50 if H1 is maintained till year end.

No wahala yet... Money is moving to cement at the moment 😞

strenghtt:
What is happening in first bank?...#125.55

All eyez are on 2027, not even 2026.

Smart money has quietly exited the market and is sitting on the sidelines, waiting for 2027.

Streetinvestor2:
I am expecting it.It will be massive if obi or Atiku wins only
The FPI will dive in like kiloda as the image of the country will be restored in usa

Reforms plus Ote wonder:

“FirstBank of Nigeria has partnered with electronics retailer Pointek to enable eligible customers to purchase smartphones, laptops and household appliances through instalment payments under its FirstEase buy-now-pay-later product.”

Agbalowomeri:
Honeywell could be worth N50 if H1 is maintained till year end.

The stock is currently undervalued. Expecting minimum price at N40 by Dec 2026.

Just going through the nairametrics Twitter page reading 9 month reports of several companies across different sectors. Every company has declared profit above what they declared in the corresponding period of 2025 (some by even wide margins).
Out of about 12 - 15 companies I have seen so far, only Ecobank had almost thesame profit like in 2025 (a marginal decline), the rest made insane profits over 2025.
Even Ecobank must have gained in dollar terms and only marginally declined in naira terms (something unheard of by any firm in 2024 or even 2025).

I want to tell u a story. Another rubbish story about the economy. Whr 79 % are in hunger and poverty as companies on ngx declare profits...lol

Good evening house please just wanted to confirm if zenith is paying dividends tomorrow.

..heaven is far from you

Agbalowomeri:
Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

GeneralDae:
Reforms plus Ote wonder:

“FirstBank of Nigeria has partnered with electronics retailer Pointek to enable eligible customers to purchase smartphones, laptops and household appliances through instalment payments under its FirstEase buy-now-pay-later product.”

It has been rainingi n Nigeria for sometime now.
I guess you would say it is because of Tinubu's Climate "reforms"

mikeapollo:
It has been rainingi n Nigeria for sometime now.
I guess you would say it is because of Tinubu's Climate "reforms"

LWKD