₦airaland Forum

So is the market going to ZERO?


Investors just don't like uncertainties. The FG handled this issue poorly.

Crude oil that we're running on deficit, we don't have enough to supply to the local refineries and we aren't meeting OPEC quota.

All these would have been avoided, but here we are.

I don't know why we cannot be proactive in this country.

KarlTom:
Is this a different case

I thought Ote$ (and FBNH) is charging them for about ₦30bn...

The money just dey 'reduce' after every siting

"The EFCC had accused the defendants, in a 13-count criminal charge, of fraudulently obtaining N12.3 billion from First Bank through various transactions between 2013 and 2014."

The Chairman of Honeywell Group, Chief Oba Otudeko, a former Managing Director of First Bank, Olabisi Onasanya and others are discussing “settlement” in an alleged N12.3 billion fraud case under the supervision of the Office of the Attorney General of the Federation.


https://nairametrics.com/2025/03/17/otudeko-others-discuss-settlement-with-efcc-under-agf-supervision-over-alleged-n12-3bn-fraud/


Otedollar

HODLers of fundamentals cryptos always win.

MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February


https://www.channelstv.com/2025/03/17/mtn-nigerias-revenue-surges-by-35-6-after-tariff-adjustments/

Dangote Refinery said they will list in Q1 of 2025.

Alhaji is battling with the oil cabals.


We wait....

sweetveek:
Is by.bit p2p still active and reliable?

The fear of receiving fraudulent money and the government's agents mapping out accounts that trade crypto scares people away from there.


For peace of mind, use https://topupgold.com/Signup/?ref=992724

zendi:
Yes, but Mr Time is rarely in a hurry.
Mr Time takes his time.

Aradel was high-priced at birth, and there's an army of unknown profit takers.

I've got no worries because they've got good products and a solid management team who walks the talk.

ARADEL team always show full working, no be chochocho and buying Ad spaces and influencers

ARADEL is an over 1k stock.

We wait for Mr Time.

KarlTom:
ARADEL to the moon!!!

Shell Assets Acquisition 100% complete 👌💯

https://doclib.ngxgroup.com/Financial_NewsDocs/43342_ARADEL_HOLDINGS_PLC-ARADEL_PRESS_RELEASE_CORPORATE_ACTIONS_MARCH_2025.pdf

Pamp it

KarlTom:
So no EGM?

They can have their EGM, but no conversion of debt to equity.

Court orders status quo be maintained in shareholder’s case challenging PZ Cussons’ EGM

https://nairametrics.com/2025/03/12/court-orders-status-quo-be-maintained-in-shareholders-case-challenging-pz-cussons-egm/

Power to the shareholders

emmasoft:
There are alternatives to utility bills that bear your name. Your NIN or bank account statement can be used in place of utility bills. Any government-issued ID that has your address will do.

Thanks Chief.


I've given them bank statement.

Stanbic IBTC Assets Management need to do better with the utility bill KYC.

Why will they insist on an electricity bill bearing your name when bills are on the landlord's name?

Even banks don't do this. They have the BVN, NIN, phone number, and bank details, yet they are strict about the name on the utility bill.

I wonder who is in charge of the KYC.

What is the current Ella Lake's debt after the 3.1 billion naira debt to equity conversion?

N Seven Nigeria Limited holds 58.02% of Guinness Nigeria Plc. N Seven is a subsidiary of Tolaram Group, a Singapore-based company.

They simply want to acquire more shares via the MTO, reducing the free float.

Y'all know what this means.

To the moon....

Guinness Nigeria Reaffirms Market Position and Public Listing Amid Mandatory Takeover Offer

The company has reaffirmed that the MTO will not result in a delisting from the Nigerian Exchange, as Guinness Nigeria is expected to continue meeting the free float requirements post-offer, allowing shareholders to freely trade their shares on the open market.

The launch of the MTO is in line with regulatory provisions and does not affect our ability to continue operating as a market leader. We remain a publicly listed entity on the Nigerian Exchange and will continue to uphold the highest standards of corporate governance, transparency, and value creation,” he said.


https://nairametrics.com/2025/03/10/guinness-nigeria-reaffirms-market-position-and-public-listing-amid-mandatory-takeover-offer/

Transpower and their monkey dividend yield.

We move regardless.

Bitcoin:
It's easy when you know where it's going. The sell-offs are meant to test your resolve. From day one, holding and dca has been profitable and will continue to be profitable for the foreseeable future.

It is what it is

Chilipepper:
I feel for ETH 😞😞 struggling so hard to hold 2k

ETH foundation are always looking for an opportunity to dump all in the name of operational cost.


That organisation needs to be reshuffled.

Whoever says HODLing is easy is a liar.


HODL

naturalflow:
Geregu and transcorp no be mate.

Transpower has more installed capacity and generates more power.

Payunsin:
I want to load Cadbury n Transcorp

Cadbury can do N40 my analysis is based on the name. Cadbury

https://www.tradingview.com/symbols/NSENG-CADBURY/

Reason am well because there's no refund of exact value after buying.


That company is going through balablu.


#NFA
#DYOR

Where? PR choke these days.


Fix insecurity and watch food inflation nosedive.


Anything crash when insecurity haven't done fixed is audio.

sterlingD:
Guinness MTO

https://doclib.ngxgroup.com/Financial_NewsDocs/43294_GUINNESS_NIG_PLC-NOTICE_OF_MTO_BY_N_SEVEN_NIG_LTD_ON_GUINNESS_NIGERIA_PLC_SHARES_CORPORATE_ACTIONS_MARCH_2025.pdf

Is 81.6 a fair price?


Stingy people everywhere. They wan chop alone.

Streetinvestor2:
Whr u see dollar fund at 10%.Na mostly less than 7% I dey see oh

Norrenberger Dollar Fund @ 10.34%


https://dailyyieldapi.norrenberger.com/money-market

Money will flow into NGX.

Treasury Bill guys don't like this.

They've used fake inflation rate to run them street

Youngzedd:
GUINNESS standing strong.

Ahead ahead

100 in view.

GUINNESS will melt faces.


PZ Cussion too.

AfDB plans $230m trade finance package for Access Bank

THE African Development Bank has announced plans to provide a $230m trade finance package for Access Bank Plc to support trade finance activities and ease foreign exchange liquidity constraints for small and medium-sized enterprises in Nigeria.

https://punchng.com/afdb-plans-230m-trade-finance-package-for-access-bank/

Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

Source: CNBC
https://search.app/ihvJ