₦airaland Forum

chimex38:
No mention of fish sef for the report.
But improved metrics.

Streetinvestor2:
Abeg no kill me with laughter
Na watin you dey see for the national geography be dat

megawealth01:
Untold story of MTN’s ‘illicit’ repatriation of billions of dollars from Nigeria

https://www.premiumtimesng.com/news/headlines/300849-untold-story-of-mtn-illicit-repatriation-of-billions-of-dollars-from-nigeria.html?tztc=1

megawealth01:
They mustn't take a dime to South Africa again

Mpeace:
They did well

Ginalex:
They experienced a decline 🤔🤔

KarlTom:
ELLAH Post -EGM

Speaking after the meeting, Chuka Mordi, Managing Director/CEO of Ellah Lakes Plc, said:
“The outcome of the EGM marks a powerful alignment between our shareholders and strategic vision. With
acquisitions and capital raises now approved, we are set to deepen our operational footprint, scale
efficiencies, and drive national food security impact. We anticipate adding ₦200 billion to our balance
sheet and delivering measurable revenue growth by 2027.”

The Company also shared updates on recent performance highlights, including the installation of a 5-ton Crude Palm Oil (CPO) processing mill which is [b]currently undergoing commissioning and is expected to enhance in-house processing capacity, support downstream integration, and improve overall margin.
The Company has commenced commercial activities through the sale of Fresh Fruit Bunches (FFB)... 🤦🏾‍♂️[/b]

https://doclib.ngxgroup.com/Financial_NewsDocs/44652_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_EXTRAORDINARY_GENERAL_MEETING_HELD_ON_25_JULY_2025_CORPORATE_ACTIONS_JULY_2025.pdf

zendi:
When sold, the plantation will not be carried away from your state.
It will still be there, but this time well managed, providing jobs for your present and future generations, and tax revenues for your government tiers.

The loot from the sale will not be looted by your governor, local govt chairmen and their gangs, I sincerely promise you.

The revenue will be used judiciously to do health, education, infrastructure etc for your present and future generations, pls rest assured.

Streetinvestor2:
It is imo people birth right. And is a taboo to sell our birth right.All that can happen is partnership to improve its performance.
Go check how long that farm has existed

Locotrader:
https://businessday.ng/news/article/reps-probe-25-insurance-companies-over-non-remittance-of-multi-billion-naira-revenue/?amp

Royalex not among those to feel the heat

mikeapollo:
By the way, who are the Men in Black?

Audacius:
IN-HOUSE DICTIONARY OF ACRONYMS and TERMS (updated 26/07/2025)



NSEMPA: Nigeria Stock Exchange Market Pick Alerts – Name of the thread.

BNSTIL: A very old NSEMPA shorthand for "Brothers and Sisters in the Lord".

FA: Fundamental Analysis – Stock analysis done with fundamentals of a stock such as financial statements and other economic indicators.

TA: Technical Analysis – Stock analysis done with using some technical tools and charts.

GA: Gut Analysis – From claims of having “gut feelings” about how a stock will move.

SA: Spiritual or Sentimental Analysis – From sentimental attachment to a stock and claims of spiritual insight into the future of a stock.

FUGAZ: Acronym for First Bank, UBA, GTCO, Accesscorp and Zenith. Conisdered highly capitalizaed banks.

MH: Monkey hunting/ Monkey hunter – An allegation/accusation that a stock is being manipulated either by calls to buy or sell off. The "monkey hunter" then profits by buying more or selling off their holdings when prices move in their favour.
Background: From story of a businessman who goes to a village to buy monkeys. He buys at different intervals at ever higher prices thus creating a market for monkeys along with artificial scarcity. He ends up selling off all the monkeys back to the villagers who hoped there will always be market for monkey sale. He disappears after selling at the highest price and all the villagers had monkeys with no one to sell to, losing all their money in the bid. Author of the real story unknown. It is posted here once in a while.

SMN: stockmarketnewsnigeria [dot] com. A now-defunct website exclusively created for stock discussions like here. Was probably owned by owners of Nairaland.

Cowboys: CEOs of notable companies who are considered to display manipulative business tactics.

Men in Black: An old NSEMPA term for deep pocket investors who can cause stock price movement because of the volume they trade.

One Afolabi Unit: 2,000 units of any stock.
Background: I can’t recall. Someone should kindly provide the story behind the “Afolabi units” term.

JIJO: Jump in, Jump out. Term used by traders. Means buying a stock and selling at the very shortest term especially as soon as it makes some gains.

Tashere Units: Very few numbers of shares bought or left unsold. Amount depends on the person. Such shares are either bought or left in the portfolio to have a "foot in the door”, e.g. so as not to have to process e-dividend all over again or just to see how the stock will perform.

Loot: A gloating or bragging term for large profit from short term trade. A jackpot from JIJO. (As described by @Zendi)

Bull from Burundi: A way to describe noticeable general rise in the prices of stocks. An apparent play on the words bull and Burundi.

Stockfish: The newest NSEMPA term. (c. 2024) Used to denote a stock that is considered as having lost value so much that it is nearly worthless and a trap for whoever buys it. A play on shares as a financial instrument and fish in the market.

NOTA BENE
- Some of these are standard investment terminologies (FA, TA, FUGAZ), others grew out of constant conversations and banters and created by members here or brought from SMN. I cannot recall who started using what term. All rights reserved to them.
- This compilation is just a contribution to render this thread easier to understand for new readers. It will be reposted periodically when cited to aid new readers. Kindly correct, modify, clarify and add.

Thanks.

Also, special thanks to: Zendi, Sunrisepebble.

mikeapollo:
By the way, who are the Men in Black?

megawealth01:
So you left DS for WALE. I have peace with Alhaji than Wale ooooo

My DS is more than WALE now oooooo at least DS will pay dividends some day but for Wale na only JAGABANomics be my hope ooooo

zendi:
I joined the panic brigade to stampede out of dangsuga in early trading and transfered the loot into Oando when I noticed what was happening.

Streetinvestor2:
It is long I heard those word in this business
Men in black

megawealth01:
Probably or Wale wants it attractive so he can market it at the AGM and EGM. Since we are in marketing era

PuristForest:
Oando has shown a significant sign of strength today surpassing previous resistance at 56....im still bearish and not scaling ..if e wan go make e go....

elpaso007:
It is very funny. Hmm.., i pray people don't learn the hard way sha.

I see that a part of the problem is when people look at the YTD, Weekly or Daily charts on apps like Yochaa or Bamboo, and they see these companies. They often rush in without necessarily understanding nuances like volumes and liquidity.

That is how someone was mentioning Austinlaz as one of the best performing stocks on NGX!!

The stock market is not a get rich quick platform. It is best for long term capital and wealth growth.

Itzlinda:
Thank you. I wanted to buying ahead of their q2 result only to see price jumps 10%. I will wait and see if I can get some tomorrow when the markets open. If the q2 shows the company turn profitable from previous loss, we may see the price revisit the all time high again.

Itzlinda:
Oh I see. The price doesn't seems bargain to me. That's why I'm confused 😀

Itzlinda:
Please what does bargain hunters means? 😅

emmanuelewumi:
I don't buy any stock that involves praying, fasting and going to the mountains.

ACRI:
Typical Nigerian

Can they tell this grown nitwit she's only British on paper

emmaodet:
For now, i do dollar MMF with them and they are also good in buying bonds in secondary market.
Customer care is very good.

SonofElElyonRet:
Mark this post of mine... "You'll eat your words soon"

emmanuelewumi:
Presco that they will buy for N2000 in the next 12 months or less

synoble:
Okay
How do I start with Morgan's capital as a broker, do they have an initiation fee to start with as a new customer?