₦airaland Forum

Sunrisepebble:
With the way the present admin has been reform driven. I won’t be surprised too if in the distant future, there are some easing on the import restrictions/ tariffs on cement

Mpeace:
Last weekend, CBN released UBA result. We "took it " and now the effect is diluted. This weekend, hopefully we see Access, fidelity etc. CBN will refuse to approve dividend because of insider loans, even when the same CBN was there when the loans were taken and not repair. At the end na shareholders go suffer.
CBN controls the banking sector, nothing Una wants tell me.

Agbalowomeri:
A bounce is expected

Then the journey continues

Agbalowomeri:
JAPAUL don woundjure Loco

Streetinvestor2:
How insurance sector wan take do recapitalisation with this kind market before thr dead line

Even presco #1420 RI no go fly because u can buy it on the floor within intra trade at such amount I noticed. That of kpakus and japaul sand has entered voice mail
Which banks never finish recapitalisation. It only hope should be PP like FBN.
I doubt if UBA succeeded in the RI that ended
See how failed government and policy with affect businesses that need to raise capital
I forgot my oando too.The list long.
Alhaji no bother come market till end of next yr.

alezzy13:
Abeg whats the hope for etranzact? I hoping for something positive with all the FIRs announcement, but it's all red ☹️

rakish:
Exactly what I have been thinking about. Trump has a limited view of what is actually going on. I am from Plateau State. The onslaught on Plateau Indigenes by extremists both have religious and ethnic undertones. These extremists are within the community and hard to fish out. Except the US can provide intelligence and go on a fact finding mission on the intricacies bedeviling these communities, screaming military action or invasion will do little to solve the problem. But I am grateful that the atrocities being committed by these extremists is gaining international traction. The killings has to STOP.

BTW if you follow Trump's playbook, he thrives on "divide and conquer". He is skillful on feeding into people's fears and prejudices and it has worked well for him.

awesomeJ:
You make it sound like the U. S military is a warfare amateur.

I believe they have ample intelligence to guide their operations, and where lacking they're equally capable of gathering more intelligence.


As far the swiftness and effectiveness of the operations, of course I do not expect it to be as Trump boasts. (The experience with the Houthis already raised a concern- where despite weeks-long campaign, the U.S Still didn't quite decimate them as one would hope)


But the complacency of the government is frustrating, so any help is welcome, as long as it's not worsening the situation.

Namaster:
You are clearly NOT a very smart person.

Firstly, where did you see any of my post defending the killing of Christians?

My posts have been to the effect that the claim that Christians are being exclusively TARGETED in Nigeria is a FALSE narrative being pushed by people with SINISTER and/or SELFISH motives.

Most terrorist attacks in Nigeria have been in the North where majority of the population are MUSLIMS.

Tally the death tolls and I can GUARANTEE the Muslins would be at least TWICE the number of Christians.

Anybody who wants to carry out a Christian Genocide will come to the Southern Parts of Nigeria.

Secondly, your idea that a RACIST, a PDFile and a RAYPIST gives a hoot about Black People or Christians in general or in Nigeria is RIDICULOUS.

The People who are pulling his strings have an AGENDA.
They are using him to implement it.

Thirdly, you need to STOP taking your news from COMPROMISED America Media.

What powerful country in the World does he have by the balls?

Russia doesn't give a Bleep.
China doesn't give a Bleep.
India doesn't give a Bleep.
North Korea doesn't give a Bleep.
Israel doesn't give a Bleep .

Even Brazil doesn't give a Bleep. He threatened them because he wanted them to let the TRAITOR Bolsonaro go free, they sentenced the traitor to 27 years in prison.

If NOT because of America's COMPROMISED Media and the Democrats obsession about being prim and proper, Trump would have been doing his own jail term simultaneously with his pal in Brazil.

The ONLY people he bullies are his ALLIES and countries with NO decent Military and a lot of oil like Venezuela and Nigeria.

Also, realise that you are talking about someone who has taken a BIG FAT BRIBE of a $400M plane from Qatar (a known SPONSOR of terrorist groups) in exchange for a guarantee of security.

Know what that's called?
Protection racket!

Exactly the same thing that terrorists and bandits are doing in some villages in the North.

Finally, many of you who think INVASION of Nigeria will somehow result in favour for you or the people you like and support are NOTORIOUSLY NAIVE.

A lot of America's Military power and prowess reside in their AIR FORCE.
Meaning they'll BOMB you from the air.

Do you know what that means?!
Innocent CASUALTIES.
Thousands of them.

Go and take a look at what happened in Afghanistan and Iraq and the number of CIVILIAN CASUALTIES.

Finally, next time you wish to portray yourself as a judge of sense in relation to my posts; be sure you have SENSE first.

Mpeace:
On the quality of Ellahlakes Result:
On a very serious note, it is a huge mess. if NSE does not make an investigation, statement/disclaimer and subsequent fine with respect to those responsible for such a bad quality result pasted on their platform, then it means they are complicit in the mess.

I cannot remember any company ever posting such poor quality result on the platform. In this era of technological advancement where even a simple android phone would have done better, there couldn't be any other reason for this mess than hiding the figures from the investing public

Agbalowomeri:
Na so dem start with Libya. If people fail to see through the white lies of America, it is disappointing. The same US that refused to support Jonathan's fight against terrorism. The same US that refused to sell arms to Nigeria. What has changed? America will know

Namaster:
Point 1:

You don't seem to fully understand the new tax laws.
The target is NOT individual transactions. It's the aggregate transactions in a portfolio.

It means that if you sold some shares for sales proceed ABOVE #150M or gain above #10M. Then used that proceeds to buy another share before selling it at the same price you bought it or even at a gain way below #10M; you will be liable to CGT IF you withdraw the money.

So selling for amounts that breach the exemption threshold and then buying and reselling another stock at a break-even price or even for a minimal loss is NOT a viable tax planning strategy.

There are only 2 ways to escape CGT in 2026 as an individual:

a) Your aggregate Sales Proceeds (from all transactions in your portfolio) must be LESS than #150M AND your Net Gain (from all transactions in your portfolio must be LESS than #10M.

The conditions are CONJUNCTIVE.
Which means BOTH of them must exist before you can be free from CGT.

So if you sell multiple shares over multiple transactions and have a total sales proceeds of #151M and a Net Gain of just #2M, you'll be TAXED.

If you sell multiple shares over multiple transactions for a total sales proceeds of #15M and made a Net Gain of #10.5M, you'll be TAXED.

b) The second way to escape CGT is to simply RE-INVEST EVERYTHING. If you sell for an aggregate sales proceeds of #1B and a Net Gain of #500M and you used everything to buy shares in a newly listed Dangote Refinery, NOBODY will tax you.

The same thing applies if you take that money and invest in any legally REGISTERED Nigerian Company even if they are not listed.


Point 2:
This is a serious matter.
People should be more worried about this.

Many of Tinubu's allies in the North died this year—Buhari and Dantata.

A look at the Coup Plotters shows that majority of them are from the North.

Both of these things could be related.

Point 3:

This should NOT make you scared. It should make you OUTRAGED.

Everybody knows that Trump's actions in relation to the ALLEGED genocide is performative. At least, the smart people do.

Even you are not advocating for Tinubu to tackle the security crisis in Nigeria. Instead, you are hoping he strikes a Mineral Deal skewed in favour of the US because you know this is a BULLYING Tactics by the CRIMINAL President of a rogue US.

Nigeria has a security problem. Not a genocide problem.

People who spin a different narrative have a SINISTER or SELFISH agenda.

Streetinvestor2:
I dey gtb, zenith,uba and fbn but thr prices are ridiculous low and dividend over yrs now make them look free

Streetinvestor2:
I thought u follow they look for spirit in the result..lol
The only problem is the mood in the market. The stock for fly but let see what happens

Abeg u don see sugar result that is the last in my portfolio I am interested. Any other result na cruise I go take em to catch
Presco/okumo ok
Wapco OK
IB OK
Oando OK
Sugar....

aj8:
Mutual Benefit revised Common Sense target down to[b] 3.68[/b] and Cadbury’s to 50.34 . They had earlier touched initial targets but may be time to retrace on weaker results. MM are likely to make final last minute push before the fall. Watch volumes.

Purely on the Common Sense Strategy.

Streetinvestor2:
Market red oh
Make una gather here since ur village person is in charge lol
Everybody go collect lass lass

Streetinvestor2:
The bull or lion for this yr is going to be on vacation. So increase ur hustle outside ngx
This is what I am seeing in this market
Na side ways trading go dey happen
Two leg front and 3 legs back
I don't lie to myself

naturalflow:
ARADEY quickly ran into full offer.today is their board meeting,hope something good comes out.#mybodydeyshake.

chimex38:
According to the TAX man, if you Produce/Manufacture you won't pay VAT..
all the VAT you incured for raw materials, assets,etc will be refunded. Just keep your purchase receipt.

emmanuelewumi:
The extraordinary profit of last year was a one off thing.

Yet federal government of Nigeria got more than 50% of the huge profit based on forex gain

CBN did not talk about foreberance loans when the banks made the huge profit in 2024.


Now in 2025 when banks can't repeat last years performance, they now remember the foreberance loans given to the banks

If this was done last year banks would have used part of their bumper profit to pay down the loan.


If you want loan term wealth and value creation on NGX, please look beyond banking stocks

Banking stocks are only good for predictable dividend income

emmaodet:


God forbid Street.
This one you dey shout poverty up and down so bro, no come raise people BP oooo
Afflictions shall never happen the second time

mikeapollo:
I doubt if this Taiwo Oyedele has any investments in NGX, otherwise he wouldn't be saying this.
I pray he dose not destroy his reputation because of this unpopular CGT policy of the govt..

mikeapollo:
I did not campaign to become president! I did not say ''Emi L'okan'' but these are some common sense approach to adopt:

1. could have avoided making such reckless statement like ''subsidy is gone whether you like it or not'' at the inauguration ground when there was no cabinet, no ministers, no policy, no nothing. this comment dislocated economic activity in the nation
2. set up cabinet first and committee to consult with industry players, stakeholders and Nigerians on how to implement the policy and address its effects.
3. could have waited few months and possibly assisted Dangote to complete the refinery faster. Negotiate, sell crude to him in exchange for refined products at agreed naira prices., subject to periodic adjustments.
4. approach the NASS for possible supplementary budget to address possible temporary shortfalls in the budget. (to avoid the nation being thrown into confusion with fuel queues, hunger, demonstrations, riots etc. and for companies to prepare and plan ahead)
5. gradual, piecemeal devaluation of the currency, especially after we might have stopped importing refined products, with Dangote supplying and meeting our local needs.
6. adopt a managed exchange rate system, instead of complete floatation (it never favours an import-dependent, developing country)
7. sell gas to electricity generating companies in Naira, (instead of selling in USD) because Nigerian citizens pay for electricity consumed in naira. Selling gas to the Gencos in USD is a sure way to kill them especially when you devalue your currency from about N500 to N1,500 to the USD.
8. adopt prudent measures in govt., cut down wasteful expenditures. show leadership by example. Nigerian president can travel by commercial flight if the people are suffering. Avoid traveling to international conferences with 400 delegates etc.
9. Prioritize and complete existing viable projects (e.g. roads) instead of rushing to award questionable, inflated projects to cronies with little or no transparency.
10. do not share excess crude account in raw cash to state govts (it causes inflation). ask each state to indicate a key infrastructure project in their state and draw up plans to finance these projects using proceeds in the account (or part thereof) under the supervision of supra -national bodies e.g. world bank, AfDB etc.
..............etc etc etc

EDUECO:
You moved from undervalued bank to overvalued Aradel,Transcorp and Presco!

With respect to PE ratio at H1 2025, ACCESSCORP is a better investment when compared to Aradel, Presco and Transcorp!

emmanuelewumi:
To whom it may concern