In the interesting theatre of the Nigerian Stock Exchange (NGX), “profit” is often a matter of opinion, but dividends are a matter of fact. For the Nigerian investor, watching a portfolio turn green on your preferred trading platform (Bamboo for us) offers a dopamine hit, but until you sell, that wealth is pretty much a…

This article first appeared in our newsletter on Sunday, 7, September 2025. Subscribe to know where your money should be. All figures have been updated. For many Nigerian investors, the term “stock market” brings to mind two extremes: the dizzying heights of a bull run or the gut-wrenching fear of a crash. But the market…

First, Some Context: The Retail Crowd Is Here, and It’s Loud Between January and June 2025, retail investors accounted for 39.3% of all domestic transactions on the Nigerian Exchange, outpacing institutional investors who came in at 32.5% (NGX Domestic & Foreign Portfolio Report, June 2025). That’s not just a stat, that’s a story. And the…

“Kindly give the Zenith offer consideration towards final resolution of this matter” and “not to go back to court … as we have an imminent resolution.” These words from Dr. Ambrosie Bryant Chukwueloka Orjiako, the medical doctor turned oil mogul, encapsulates one of the most fascinating near-misses in Nigerian corporate legal history. In a London…

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…

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…

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…

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…

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…

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…