₦airaland Forum

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

GUINNESS standing strong.

idealtailor:
Thank you so much. Please what do you think about Caverton, now they are expanding thier business.
It's it a good time to buy?

No idea.

idealtailor:
Please which of these will you recomend a new investor to add to his portfolio?
dangote cement, fbn, Jaiz bank, okomu oil, presco, livestock, scoa, Juli plc, nem insurance.

dangote cement
fbn
presco

* I would rather replace NEM with MANSARD when it goes below 9 naira, averaging down.


Whisper: As a beginner who wants to build a solid portfolio. Pick one MOAT stock from each sector. Also, try to target oversold stocks, don't FOMO.

MOAT - "In stock market terms, a "moat" refers to a company's sustainable competitive advantage, essentially acting as a barrier that protects it from competitors, allowing it to maintain profitability and market share over a long period, similar to the moat surrounding a medieval castle; the wider the moat, the stronger the company's competitive edge." - Gemini


#NFA
#DYOR
#DD

Valthegreat:
Abeg do they produce beer? I only know of Champions Malt Incase if we confirm that it is 0.60k for real because I only want to be an ethical investor.

They do

https://championbreweries.com/our-brands/

unite4real:
imagine what ATLASS PORTFOLIO sent as stocks recommendation.

So many of them on downside of above 45%. Even livestocks feed on 66% downside.
PRESCO target price N350, TOTAL N310, UACN n20.5, CONOIL N200, SEPLAT N3,365, VITAFOAM N25 etc.

I wonder what their research team is up to.

They even placed some stocks which on higher target prices on SELL rating.

is this laziness on the part of research or deception.

i was even asking them for explanation but nothing convincing.


https://atlassportfolios.com/wp-content/uploads/2025/03/Stock-Recommendation-03032025.pdf

Omo, what kind of research is this?

On colos
On colos

Valthegreat:
PZ

God bless you ymcy for recommending this stock and also encouraging me not to sell at loss when it had a sharp dip.
It has broken the #36 you told me it might reach.
Abeg any clue as to the new support?

Anything below 40 is a bad market.

Valthegreat:
Please a Microfinance Bank is offering me 24% interest per annum for a fixed deposit, does anyone know any market fund that offers better than that?
Secondly, the dollar denominated investment I asked for last time highest interest rate I have seen is 3%, can anyone suggest any better offer?

NORRENBERGER Dollar Funds is currently 10.16%

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


All these MFB, I prefer MMF with a reputable firm like FBNQuest or Stanbic IBTC.

SonofElElyonRet:
You'll be back

Sure.



Only when I see something tangible.

Bye bye Ella Lakes

It's another day for PZ CUSSION to keep climbing to the moon.

Enough of Russia Vs Ukraine war.


Una don try.

Dangote Cement


Revenue (Turnover): ₦3.58 trillion (+62% growth from 2023: ₦2.21 trillion)
Gross Profit: ₦1.93 trillion (+61% growth from 2023: ₦1.20 trillion)
Operating Profit: ₦1.15 trillion (+57% growth from 2023: ₦734 billion)
Net Profit: ₦503 billion (+10% growth from 2023: ₦456 billion)
Earnings Per Share (EPS): ₦29.74 (+12% growth from 2023: ₦26.47)
Dividend Per Share: ₦30.00 (Same as 2023)


https://doclib.ngxgroup.com/Financial_NewsDocs/43236_DANGOTE_CEMENT_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

essentialone:
Do we have Nigeria Stock Market, or Oando Stock Market?

E weak you ba


At the mention of Oando men and women including ghost readers mount.

PZ Cussion still firing 🔥


40 incoming...

MTN Nigeria Communications Plc recorded a N400.4 billion loss after tax in the full year of 2024 despite a 35.9% growth in revenue to N3.3 trillion.


The company noted it would have recorded a profit after tax (PAT) of N247.3 billion if not for its net foreign exchange loss.

MTN’s subscriber base climbed further to 80.9 million, up 1.6%, despite the effects of the Nigerian


Active data subscribers grew by 7% to 47.7 million.


https://nairametrics.com/2025/02/28/mtn-nigeria-records-n400-4-billion-loss-after-tax-in-2024-despite-revenue-growth/



MTN is cheap.

crownprince2017:
At current price, would you go for zenith or access based on projected dividends n price appreciation, which one do you think will offer better value in the short run.

All comments will be highly appreciated.

Access

unite4real:
I don't think that's the way to view it unless you think the price should go back to that point so the dividend can make sense

NASCON's price on the 31st December 2024 was 31.35 naira.

NASCON declaring 2 naira dividend is 6.45% yield from 31 Naira price where it hovered around for months.


It's not bad.

PZ Cussion


Showing full working.

Very stingy

SonofElElyonRet:
Naira

SonofElElyonRet:
NCA you mean?

Dollar cost averaging

emmasoft:
The rate is determined in real-time at the moment you want to invest.

They can't state a rate till the time of investing because it fluctuates, which is obvious.

Dollar funds are best for those who earn in foreign currency.

Exchange rate fluctuation will use a straw and sip all the rewards if the exchange rate at the time is around ATH.

DCA is golden.

emmasoft:
Join the winning fund

Invest now in the Norrenberger Dollar fund (NDF). it's currently 10.16% the highest in the industry.


Note that Norrenberger accepts naira if you don't have dollars, but your returns will be in dollars.

They also accept dollar cash deposits.

Get in touch to start investing.

Like they will convert the NGN to USD?

If yes, at what exchange rate?

Transcorp Power Plc has announced plans to increase its share of electricity generation in Nigeria to 25 per cent, up from its current 12 per cent.

He further highlighted that Transcorp Power had fully repaid its $215m foreign currency acquisition loan, which was secured in 2014.

Following the complete repayment, the company’s gearing ratio dropped from 64.48 per cent in 2023 to 29.70 per cent in 2024, strengthening its financial position.

“The repayment of our USD loan has significantly strengthened our financial position, enabling us to pursue more growth opportunities,” he said.


https://punchng.com/transcorp-eyes-25-electricity-market-share/

Chochocho, No evidence.

Let him run his own experiment and show us the result.


Ghana must go bag is working.

toyeoye:
Stock Bubbles updates market prices every minute

Nice one.

toyeoye:
It's all red so far...
Track it live on http://StockBubbles.com.ng

Your platform is how many minutes delay in fetching the prices?