NewStats: 3,265,029 , 8,185,372 topics. Date: Friday, 13 June 2025 at 08:07 AM 3pg6x

The deregulation of the downstream petroleum sector is gradually taking shape.

Hope they are follow through as there might be civil unrest in the coming days.

Also Dangote needs to tell us how much he is selling a litre of petrol to independent marketers.

IseyinIsese:
Nigerians never had it this bad. Tinubu is the biggest calamity to have ever befallen this country. Man is a devil reincarnate.

Very disorganised person... I never saw this coming.

Tinubu seem absent minded and completely detached from Nigeria current realties.

TsarZed:
bearish market, where we go make money oooo

We are in a bearish market... This may continue till December.

Total FDI was a mere $28million meaning very little foreign investors are investing in Nigeria and it is a signal to more investors to be cautious or pull out their funds.

Tinubu policies are creating more problems in every sector of the economy...

megawealth01:


Will you buy at #50? I thought you said you will buy when it gets to #60+?

I want to wait for ₦50. ₦60 is still a bit risky.

Oando is heading to ₦50 which is a good entry price.

Agbalowomeri:

Full deregulation no be big news?😂

Full deregulation never happen... IPMAN just confirmed that NNPC is still the sole offtaker of Dangote Refinery

The NGX is majorly moved by big NEWS updates. There is currently no big news today hence the market will be quiet or motionless.

There will be very little movement in the market today.

𝐅𝐆 𝐧𝐚𝐦𝐞𝐬 𝐃𝐚𝐧𝐠𝐨𝐭𝐞 𝐫𝐞𝐟𝐢𝐧𝐞𝐫𝐲 𝐬𝐨𝐥𝐞 𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐫 𝐨𝐟 𝐉𝐞𝐭 𝐀𝟏

The Federal Government has approved Dangote Refinery as the exclusive supplier of jet fuel for Nigeria’s airline operators.

https://punchng.com/fg-names-dangote-refinery-sole-supplier-of-jet-a1/

Things are gradually falling in place for the Dangote Group. Hopefully Dangote needs to revisit the merger of Dangote Sugar and NASCON.

Today's trading day was direction less...

NASCON almost full bid.... Whoa!

Fidelity Bank on full bid... Whoa

NNPC Quits As Middleman In Dangote Refinery Petrol Purchase

Eterna Oil shares and others will start climbing upward now.

Makanjuola89:
is this a good time for us to invest?

Dangote Sugar and NASCON are greatly undervalue... If you are the patient investor, then it is a great share to have on your portfolio

jckgroup1:
On Eterna

Should we expect more free fall or is it time to enter?

Dangsug and Nascon moving north.

Good morning comrades.

NASCON and Dangsuga has found a strong at ₦30/₦31. Price usually bounce off at this level.

I notice Dangote Cements trades ₦431 per share during early trading hours and closes at ₦470+ for the past 3days.

What could be the reason?

LGA elections are simply selection... No sane opposition party should spend a Kobo in LGA elections.

Rest... More than 100 threads have been created about Wike by the Obidients.

Bone147:

Till then but stop giving yourself false hopes. He has lost the structure and very soon,the presidency will kick him out.
Tinubu needs rivers state in the next election. If Wike have lost the PDP structure then he has no relevance in FG again

What structure has he lost? APP has structure Abi?

Wait till an INEC based election is conducted in Rivers and you will see real structure.

My best stocks still remains:

1. Nascon
2. Dangote Sugar
3. Dangote Cement
4. Access Bank
5. UBA PLC

These stocks have great potentials and are currently undervalued.

If your goal is long term capital growth, these stocks are a great addition to your portfolio.

It is a common practice that the governor of the state usually wins 100% of the LG chairmanship positions as he controls the state electoral commission.

The state electoral commissioner is usually a member of the governors inner chamber and only names submitted by the governor will be declared winners.

This is evident across all states in Nigeria and Rivers State's own won't be different.

Sim Fubara will win all positions today

thebargainhunte:
E be like sey Dangsugar is heading to km#25. The hair cut no get joy at all for some of us wey buy @ #45 plus.

Na to keep buying to average your initial entry price.

Testimonies777:

You will wait tire! You saw it at 76 yesterday, you did not take it!!! May be you will scramble in at 130 later.

I pray it falls below N70 next week so that I can load more Oando into my portfolio.

Oando will certainly do N200+ per share next year. This year is the time to stockpile

Willie2015:

I think say the full offer don finish...
Make the thing go below N400 first...
We dey wait patiently..

It might touch ₦350 with the rate at which it is falling at the moment.

Dangote Cement is gradually entering a strong buy position. The further it falls, the more lucrative it is.

I am gradually adding more units of the Dangote Cement to my portfolio

megawealth01:


Are you an investor or a trader or you do BOTH?

I do both. I bought first bank at ₦22 and it rose to ₦33... I sold off and Ai have started rebuying it.

Some of these stocks range within a high and a low... Holding them for months will only keep you in paper profit or loss if your goal is capital growth.

So I buy the low and sell the high. I bought Oando at ₦33 and sold it at ₦82... Now I am praying for it to return to ₦45-₦55 so that I can re-enter

megawealth01:


What are your basis for the presumed FALL abi na dream levels?

Profit taking for some of the stocks while others are based on fear for a further downward movement.

Though it is a great opportunity to further buy more units of these shares if they continue to fall further

Stocks that may fall further today:

1. First Bank Holding
2. Oando PLC
3. Dangote Cement
4. Dangote Sugar
5. Nascon
6. UBA

There are indications that the supply of crude oil in naira by the Nigerian National Petroleum Company Limited to the Dangote Petroleum Refinery which should have started on October 1, 2024, has yet to begin as of Thursday, October 3

.

https://punchng.com/three-days-after-deadline-naira-for-crude-deal-yet-to-begin

This government and the NNPC will never come through with their promises of agreement. There is always a twist and ploy.

I initially regretted not entering Caverton but with the current happenings, I am glad I didn't buy Caverton shares

Dangote Cement dropped 10% share price today.

The NGX seem to be very bearish this month

We are about going into a bear market. With the happenings in Israel-Iran, there might be another rounds of global stock meltdown

If Ellah Lake drop another -10% today... It means it will return to where it came from.

UBA might do another full bid today