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In Nigeria, wealth often feels like a race. Tech bros chase funding rounds. Crypto traders sprint between pumps. Real estate speculators talk in square meters to sound sophisticated. But in 2021, I took a different route. I was a student with a ₦32,000 monthly allowance. My entry into investing didn’t come from a finance seminar…
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I’ll love you to take a walk with me through Yaba. Let’s start from Moloney. There are a couple of places I would love us to touch to establish this story. Have you noticed something since we started walking? The colonial touch in the street names and the architecture of some of the houses here…
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There are only 18 stocks stuck below ₦1 pricing on the Nigerian Stock Exchange.* In a trickle of chats I had with young investors like myself in the NGN STX community, I found out many see this as an opportunity. Femi** had said the ice cream money he had put in a couple of these…
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I recently became friends with a 77-year-old man who lives in my estate. We had lots of talks about the economy and personal finance. I owe it to you to share some of the unusual things he said about the stock market and his experience over decades. But that will be on some other article…
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For the average Nigerian Gen Z, the thought of investing in stocks can feel like a distant dream. Between navigating school, side hustles, waiting for salary and falling broke, saving for investments often takes a backseat. But here’s the thing: building wealth doesn’t require a millionaire’s budget. It starts with small, intentional steps. Here are…
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I took rather unconventional means in picking stocks last year. By September 2024, I had 3 of the top 4 most profitable stocks of the running year in my portfolio and by the time the year ended, I had 3 of the top 6. I am not putting this out as financial advice. I’d rather…
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If you sleep, you sure could be sleeping on a bed, and if you sit, you are still on foam. From rides to almost everywhere, it’s a foam world, and Vitafoam Plc is the leader in that market. Yet, while people enjoy its products daily, many have overlooked its stock as an investment opportunity. This…
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People don’t like the Nigerian Stock Exchange for a lot of reasons. Some reasons include generational trauma, a complex interface, its naira-based nature, and perceptions of slowness and manipulation. Nigeria’s generational trauma with stocks started with the stock crash in 2008 which was part of a global financial crisis. It wasn’t just in the Nigerian…
