₦airaland Forum

megawealth01:
On ARADEL

Significant growth in both revenue and profitability.

Revenue increased to ₦728.5 billion, up about 264% from Q1 2025.

Profit after tax rose to ₦120.3 billion, more than three times last year's figure.
Earnings per share (EPS) increased to ₦15.24, reflecting stronger returns for shareholders.

It maintained a strong cash position, giving it ample liquidity for operations and future investments.

Growth was largely driven by increased oil and gas production and the contribution from its expanded investment in ND Western.

In my own observation although I don't have a single unit of ARADEL, this is an excellent Q1 report. Revenue, profit, and earnings all more than doubled, making it one of the strongest quarterly performances among NGX-listed companies.

For long-term investors, the results reinforce Aradel's position as one of Nigeria's leading and fastest-growing energy companies, although investors should continue monitoring DEBT LEVELS and OIL PRICE trends

© MEGAWEALTH01

With this result should we expect Wale not to disappoint? [color=#990000][/color]

yMcy56:
This is NPF trades as at now......
So, trading is ongoing in Morgan.....

* Try and check your Internet settings...

** Meanwhile, to view all columns (as you can see price, time, qty,etc in my attachment), you'll see thin lines separating the columns.....
** Place your hand or cursor on the line (top right corner of the column) to drag it or to reduce the spaces......so as to have a glance of all at once....

** Na EXCEL I dey teach you so. 😁

No be small teacher you be! [color=#000099][/color]

[quote author=Ocallen post=139796684][/quote]You are right, they have finally appeared on the floor. That was why I placed double to be sure when I see it on the NGX floor.

yMcy56:
Seems the glitch was from NGX..
It happened in another house as well.....but it's working fine already.
Try logout and log back on again

I have canceled and replaced with even two orders but none is reaching NGX up till now.

I placed this sale order since 9:52 via Morgan Capital and up till now it is not on the NGX market view. What's possibly happening?

https://thenationonlineng.net/oando-seeks-regulatory-approval-for-n221b-rights-issue/

Where is STREET INVESTOR?

megawealth01:
If I tell people that I have won 100k playing casino they won't believe. It will still be called AUDIO

I'm yet to see really WEALTHY folks in this part of the world that don't set aside money for gambling/speculation

The only challenge I discovered as it concerns this type of gambling is that when you played and lost 100k you didn't tell us but when you win you broadcast it. Both of us, in fact all of are guilty of this, so when I want to tell myself the truth I understand that if I can't share the loose I shouldn't share the win also so that feeble minded people don't loose their money thinking I am encouraging them to gamble because both loose and win do happen.

KarlTom:
I just read the AGM Resolutions of ABBEY BANK and I am shocked.

Resolution 8a:
That the Directors be and are hereby authorized to raise additional equity capital of up to ₦64,547,232,853.95 (Sixty Four Billion, Five Hundred and Forty-Seven Million, Two Hundred and Thirty-Two Thousand, Eight Hundred and Fifty Three Naira, Ninety-Five Kobo) by way of private placement of 26,562,647,265 (Twenty-Six Billion, Five Hundred and Sixty-Two Million, Six Hundred and Forty-Seven Thousand, Two Hundred and Sixty-Five) ordinary shares of 50 kobo each at ₦2.43K (Two Naira Forty-Three Kobo) per share, subject to regulatory approvals

Resolution 8b:
That the Issued Share Capital of the Bank be increased from ₦5,076,923,077 (Five Billion, Seventy-Six Million, Nine Hundred and Twenty-Three Thousand, Seventy-Seven Naira) divided into 10,153,846,154 (Ten Billion, One Hundred and Fifty Three Million, Eight Hundred and Forty Six Thousand, One Hundred and Fifty Four) ordinary shares of 50 Kobo each to ₦18,358,246,709.5 (Eighteen Billion, Three Hundred and Fifty Eight Million, Two Hundred and Forty Six Thousand, Seven Hundred and Nine Naira, Fifty Kobo) by the creation of up to 26,562,647,265 (Twenty Six Billion, Five Hundred and Sixty Two Million, Six Hundred and Forty Seven Thousand, Two Hundred and Sixty Five) Ordinary shares of 50 Kobo each; such new shares to rank pari passu in all respects with the existing ordinary shares in the capital of the Bank.


The same ABBEYBDS was ₦2.40 on 29 November 2024. It peaked at ₦14.95 on 6 February 2026 and is being given away for ₦2.43

Sometimes we should not blame SEC and NGX for the way most of these companies behave.

Who were the shareholders at the AGM where these ridiculous motions were carried?

In other words, for every 1billion the private investors ( current directors and cronies) bring in he/she is has already made about 300% even before the investment? O.Y.O to all the retail investors that own ABBEY. Sell-off will begin by Monday. We will enter when it reaches #4-4.5. Their reward shouldn't be above 100%.

Please who are the speculators that will buy Oando rights at #50 when the price on the floor can't hold above that? I will simply trade my own right if I can see buyers. Which kind company be this, same strategy no change. See how Dang Sugar is stubbornly holding gidigba above rights price.

One thing is clearly obvious on all these political debate. People that support the status quo which is APC are not clearly saying that Tinubu will win in a free and fair election, they are either of the opinion that no one can get it right or that no body can win the master of rigging while those that support the opposition are mostly saying that they will vote and protect their votes which means they want it to be counted one by one. My question now is which part love this project called Nigeria? For how long are we going to continue to support a country that the foundation is almost changing to corruption. Why can't we all with one voice support a free and fair election so that who ever wins will be at least the real votes of the majority. One thing is certain, no country in the world has ever achieved development through corruption, all developed countries of the world got there by being aversed to the canker worm called corruption, China, Japan, USA, Germany etc all got to where they are today because they frown at corruption and can spend 20years tracing just a single corrupt practice in other to protect their country. But the opposite happens in Nigeria, we support the evil called corruption when it benefits our tribe or religion and that's a sign of a country going no where.

Zagee:
Taking into consideration the "on or before 30th of May" statement. Wale has used technicalities to wound us!
😂😂

Well the 29th is not yet over..

While you are still expectant the market reactions are enough to clear your doubt of what to expect in the result. No be human being prepare the result or no be human being receive am for NGX? Those human beings no get relatives and friends? According to the market momentum today Oando's result is not too good as usual, all we are waiting for now is to see how bad it is.

awesomeJ:
@ositadima2 and everyone else interested, market has been slow for a while now, this means even if I grow my portfolio more, it doesn't entirely translate to more trading volumes.

So I decided to shed some cash and buy my car, maybe perhaps cos you mentioned it too last week when we won the league.

It's a 2019 Rx F-SPORT with CLEAN TITLE. Too many salvage cars in this country.

Financing by Autochek.
Since I make much more than any cost of funds.

Insurance premium on the car is more than ALL my entire portfolio just last year.

God is Awesome! 🎉🎉


Happy Sallah to our Muslim brothers and Sis.

Congrats bro! Enjoy the fruits of your labor in peace.

What are the possible consequences of requesting for additional allotment of shares in the DANGOTE SUGAR right issue?

I just checked the list of shareholders using my surname and what i discovered took me to this taught line. Out of 72 persons bearing same surname with me on the list I happen to hold the highest number of shares despite the fact that I hold not up to 100,000 units. Hence, I think that many of these retail investors may likely not take up their rights. Abi the big guys will corner the rest and my money may possibly be returned after keeping it for a long time?

chimex38:
https://leadership.ng/firm-set-to-acquire-nigerias-largest-indigenous-fisheries-group/

Thanks for the update

Abeg what is pulling TANTALIZER in this bloody season, any news?

ojeysky:
My target for news update will be latest week in June

Supply has significantly dried up, I think only one seller has up to 1m offer on the table currently. So we are still on track to move this ministry forward.

megawealth01:

Friday is finally here

I didn't know that you people agreed to liquidate everything on Friday o!

Will too much supply allow Japaulgold to really rise in price? One person want to sell over 13 million shares at the same time this early haba! Team Japaulgold tight fist ✊ gather here. We no go gree, this ministry must move

Who said ZICHIS is not still being manipulated? What else is manipulation if after they cross the 100k among themselves and achieve their needed 10% per day and perhaps share another 100k units among few people in the que others in the que can go home and rest. Tell me how can Loco and Peterichy enter this one with this kind behavior?

NSEstudent:
No. Not necessarily.

Enter a trade and exit at 100%, entering another with the doubled capital. The goal is to double the capital each trade.

Even if this goes as planned the 10th trade will give you #512m. The question becomes how many years? I think I will start this by next year using #10m that will be invested in Not more than 4 good stocks per time to see how long I will reach #1bn with it.

Dupeodus:
3-4 years? That is non starter for decades of economic mismanagement. We want everything microwave. You are looking at a generation. I always ask people to look at the Chinese and the Indians. Privileged Nigerians used to make fun of them when they were going through their generation of sacrifice. Today, it's a different story. I went to Bangalore in 1995 on an official function. The people we met with, most of which were at list equivalent of managers in Nigerian banks as of that time, were hopping on commercial okada to go home at the time. I believe the case with the Chinese at that time was even worse because their own strategy was being the manufacturing as opposed to the software capital of the world.

I don't think that Nigerians can not sacrifice, Nigerians are one of the most resilient people on earth who can sacrifice and survive under the worst conditions but these crop of leaders you want Nigerians to sacrifice under their leadership are they worth the sacrifice? The sacrifice will yield no result if the leaders are not sacrificing too, how can Nigeria still be borrowing at a massive scale after removing fuel subsidy even far much more than when fuel subsidy was in place and without the citizens seeing massive infrastructural projects to account for the massive borrowing.
While the Indian and Chinese citizens were building their socities were their leaders living in opulence with public funds? No, rather they gave stiff penalties to corruption and the citizens followed. We currently have leaders who legalize impunity, like our senators who ensured election rigging will endure by not making electronic transmission compulsory.

GeneralDae:
Top 10 African Stock Exchanges (April 2026)
Rank
Stock Exchange
Country
Est. Market Cap (USD)

1
Johannesburg Stock Exchange (JSE)
South Africa
~$1.1 Trillion

2
Nigerian Exchange Group (NGX)
Nigeria
~$105 Billion

3
Casablanca Stock Exchange
Morocco
~$102 Billion

4
Egyptian Exchange (EGX)
Egypt
~$68 Billion

5
BRVM (Regional Exchange)
West Africa (WAEMU)
~$27.5 Billion

6
Nairobi Securities Exchange (NSE)
Kenya
~$23 Billion

7
Ghana Stock Exchange (GSE)
Ghana
~$22 Billion

8
Stock Exchange of Mauritius (SEM)
Mauritius
~$15 Billion

9
Bourse de Tunis
Tunisia
~$10 Billion

10
Botswana Stock Exchange (BSE)
Botswana
~$4.6 Billion

Oboy! The gap between JSE and NSE is like the distance between heaven and earth. NSE can't reach the distance in 20 years time even if they place an embargo on JSE growth. We must give it to the whites that they know how to run countries and economies. Zulus and Xhosas couldn't have achieved anything close to where South African economy is today on their own but they know how to make mouth because people who believe in development have built the system already.

EDUECO:
You don't need to fill any mandate form.

Companies that Coronation Registrars is their registrar is automated for dividend payment.

This is not true, something is wrong with CORONATION REGISTRARS, I bought MTNNG since January last year and ARADEL last November and I yet to get any of the company's dividends till date. Every other registrars paid me dividends without going through E-mandate except Coronation, I have tried it on their platform it failed, I have also tried E-mandate via NIBSS and every other registrar accepted my submission only Coronation failed. I have finally sent my brokers transfer from to do the mandate by themselves as that's the only option left now.

BuchyD:
Nairaland market makers/movers,make una pity Total bikonu🙏...E just glue gidigba,no movement.

Well Sha, God wey remember Airtel yesterday go remember Total one day.

It seems you want to go to mountain to pray for a struggling business to attract investors?
What is the margin between DR selling price and Total's pump price? Not up to #50 per liter and they will still use Diesel to on Generator to sell, pay staff, maintain equipments and other expenses.
I will advice you to bail out and buy ARADEL if you want to enjoy oil money, TOTAL is now fibre oil ( the second out put from palm fruit puree)

[quote author=KarlTom post=139114163]Two years not Three

[i]In addition to the N7.5billion minimumpaid up share capital required by the SEC in the proposed new rule, an FTZE seeking to offer or issue its shares under the Rules shall: Be duly licensed by a free zone authority established under an enabling law; have at least three (3) years track record of operation immediately preceding the offering application, during which time the entity or its subsidiary has been engaged in an independent activity for at least 2 years in a free trade zone and have a senior management that has sufficient competencies and experiences related to its activities...

At the bolded...... Chuka has left the chat group. He failed at salt and found a new career in Agro, getting there he turned it to content creation, real farmers don't care what is happening at the exchange or in the social media, they simply roll-up their sleeves and farm while leaving the harvest to call out result.

essentialone:
Guinea Insurance Plc

Right issue price: N1.10
Current Market price: N1.10

Abeg how most of all these insurance stock fish Shareholders dey take survive sef? No dividend and most times no capital growth and untop that you come say make I buy right issue at current or even above share price. Na wa o!
Even Loco sef don sell his Royalex at loss and japa

GeneralDae:
SECNigeria wants Free Trade Zone Companies listed on the Stock Exchange

The newly proposed rules would allow FTZEs to raise public capital, with a minimum N7.5bn paid-up capital, a 3-year track record & full disclosure requirements.

Source: Proshare

This will be a good idea, at least this ones don't pay taxes so them go see profit share to shareholders but not the companies among them that Directors like Wale, Chuka and co are running o?

CSCS LAUNCHES JOINT ACCOUNT FEATURES FOR COLLABORATIVE INVESTING.
Where is Agba, oya come and open joint account with your babes, LOL!
https://punchng.com/cscs-launches-joint-account-feature-for-collaborative-investing/

deathwing:
Currently trading at 5 pounds on the LSE...which is about 9160. More than 10% gap.

Is it possible to buy in London and sell in Nigeria?

Please where is NPFMCRF Bank result? I believe some insiders must have seen it that's why the price has seriously nosedived by over 25% in less than one month.

Please has NGX GROUP price been marked down to the bonus value? I don't understand why I am seeing it at #130+ today?