₦airaland Forum

Agbalowomeri:
Lol what is the year-to-date gain for NASCON?

Locotrader:
I don tell you what I know in champion.
Divestment is coming at a higher price which the buyer is willing to buy,the price is what I don't know.You can see the effect on the floor.

Las Las na minority shareholders win

Take this can and cool body

Agbalowomeri:
V-boot

KarlTom:
On the SUGAR - RICE - NASCON merger talks

“The merger between SUGAR and RICE and NASCON is currently on hold. More importantly because a few things need to be done by SUGAR and also RICE. So, we are waiting for when we think is the right moment to consummate the merger… but discussions are still on and when… and as we progress, we will definitely inform the shareholders and the public”

Mr Olakunle ALAKE
Chairman, NASCON Board of Directors at AGM 2024, May 8, 2025

yok:
MARKET UPDATE 28 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Oil is stabilising so we believe the market should still be in uptrend. On the earnings some are really good and we should see one of the expected good ones in the finance sector and MTNN expected turn around result should be out any moment from now.

Our forecast list has be updated with the likes of WEMA bank among others (this is where we knew TRANSCORP, any likely OANDO will have poor result for March) and is for our Caucus members

For last week, the Consumer index was top and Insurance coming second.

Let us have a nice week.

Xidget:
It was markdown for dividend na. And it's shredding

Ades1:
Nigeria is my country, I care about Nigeria, Nigerians and things that happen in Nigeria.


I ask again, where are you getting this your opinion from?

Did I tell you I was in the US? Abeg stop spreading FakeNews

Ok

GeneralDae:
No. Ours was because we had just around $4 Billion in net external reserves at the end of 2023. Even if CBN wanted to defend the currency as at early 2024, they had little to nothing to defend it with and could only cry and blame Binance then because traders saw the CBN wasn’t pumping in dollars and they took advantage of it taking it to 1600/1900 levels as at Feb 2024.

China has more production and exports than any other country on earth and as a result they have the biggest foreign currency reserves in the world ( their USD reserves is over $3 trillion). They make trade surpluses in trillions of dollars which even U.S doesn’t make.

That means Chinese currency should be the strongest in the world but the Chinese Government deliberately devalues it in order for their exports to remain cheap.

GeeKudi:

Guy no even spare Nigeria of stray bullets on top wetin China and America dey do themselves. Are we their mates?

Ades1:
Exactly! Everyone who is egging China on does not really understand or is ok with all the cheating and stealing done by the CCP.

Just because stealing and cheating has been normalized in Nigeria does not make it ok. Let them keep devaluing their money, it is only a matter of time before the poor Chinese people revolt.

Picky1:
One wonders why nnpc and the authorities don't want to seriously support DR to the max!
Imagine how many people in the population that are directly/indirectly engaged economically and pay taxes as well!!
In other climes protection is the name of the game!!!
Naija wahala too many.

ositadima1:
Hahaha! I don’t understand why you people are attacking Agba. Is it by force to give out tips? Agba has mastered the art of bad news—he’s here to tell us when the bear will come. Whether the bear actually comes or not is a discussion for another day.

GeeKudi:
ARADEL has been doing some press up, I believe it will soon flex some muscles.

KarlTom:
Does anyone have any info on AFRIPRUD?

I'm hearing bonus is 5 for 2

KarlTom:
DANGSUGAR BM held today.

Fingers crossed...

crownprince2017:
How did you know?

Xidget:
I guess the result is not fantastic. And they are probably waiting to announce it along side a good news (probably merge news)

Willie2015:
Sold some stocks to buy
Dangote Cement at N394...
Did not forsee a fast move to N431...

sterling:
We go exercise patience wait till month end

Locotrader:
Thank you my oga.
It's in my blood to drop a winning stock but can only come out once in a while to do it henceforth.

The ingrets here want to spoil show for people but because of the good ones,we move

yMcy56:
Now @19 in market.
ACCESS how far?

When FIDELITY was identified to trail ACCESS behind and will touch 20/22, some were quick to say dem no be mate.....
Truly they're not mates but Fidelity is doing well in market not-withstanding.....

ACCESS time will come however.
Hopefully they won't delay their journey much more with their peanut dividends.....

ositadima1:


Fear women, oh! The same person who was shouting genius the other day has now sold at a loss today. Why did you sell at a loss? I thought we all agreed that Nascon was heading to the moon! You don leave us walker, chai.