₦airaland Forum

Preator:
Well, it works for me cos if i need to switch my funds urgently, i won't have to start creating and verifying.

Case in point: I had a trustbanc on Cowrywise before they did their merging so i am still enjoying the 19% mmf on Cowrywise.

Good.

Preator:
I have once written here before that mmf risks are largely the same across fund managers. For equity, the reverse is the case. The skills and versatility of your manager matters here. A manager that is not well diversified may rise like ijebu garri when the industry he invested in his doing well, but heaven forbid yakubu enter that industry, you can see your capital disappear. Of course if you are willing to wait, dead bones shall rise again

Now to the ranking, i use CardinalStone, ARM, UCAP, Zedcrest, Stanbic, Afrinvest and Meristem. Planning on joining coronation wealth that is just launching too.

1. Meristem is my top pick
2.CardinalStone
3. Afrinvest
4. ARM
5. UCAP
6. Stanbic (my oldest equity)
7. ZEDCREST

note that zedcrest has the highest return currently (112%+) but i am not assured they are well spread. I'll rather take my chances with the 60% Managers.

This is my personal view and ranking based on return and my subjective view of their portfolio. I have only ever withdrawn from meristem and stanbic. Process was easy. I cant say yet for the others

Why 7 asset managers. 2 is optimal and 3 may even be an overkill.

Quite crazy. The rap1st deserves his punishment.

But they'd let all those taliban invaders go free on religious grounds.

Ezeama400:
https://saharareporters.com/2026/05/01/uk-lawmaker-demands-death-penalty-nigerian-convicted-rapist-other-savage-animals

ogawisdom:
you people need to understand that Q4 is usually the strongest for NAHCO, they usually start slow in Q1, seasonality in business.

And this aviation fuel thing.

National forum of failures and agent of darkness.

HIGHESTPOPORI:
When did Senators start doing projects

Ask them o? The so-called constituency project they are using to siphon money is unconstitutional.

Parachoko:
I hardly hear of Ireti kingigbe doing any Tangible thing in Abuja

What do you want a senator to do in town?

Thundafireseun:
#1.400 million is not enough money to start up anything and you are crying over 700k ….

700k won’t even get you a shop anywhere in Asaba Delta state

ok. Well said, now where is the money?

We should expect some sideways movements for the next couple of days. Possibly till early March.

But this is NGX, surprises may show up.

aj8:
Exercise caution from this point on…better safe than sorry.

faoogoke:
The hardest part is the waiting.

Patience: Sitting on your hands is part of the business.

awesomeJ:
The market does indeed need to slow down now.

The pace needs to really taper from today.

Just take your profit. And wait for your next entry.

bigcasava1:
How I wish Israel will shift their base to Nigeria

In time past, MOSSAD trained some Nigerian guys and sold tools to Nigeria, but they were turned to political tools.

awesomeJ:
Market will be at 250k before your November date.

So you can still make 3x what those bankers are offering you.

And you already have the sophisticated skills of finding the right vehicles.

Not all stocks are contributing to the ASI bull run. Some stocks are like pooh coming from a running bull, they fall behind.

crownprince2017:
To the people advocating for MTN, do you use MTN data at all, if you do, you should know that it takes just efficient competitor with wide coverage and affordability to wipe the revenue from that aspect a way. MTN is a definition of failure when it comes to data business, very very bad value for money.

I don't know the extent of that business to their revenue but in the long run I believed they will loose that battle except something is seriously being done to mitigate that asap.

Until then, early investors will continue to milk it.

Agbalowomeri:
I no fit touch fbn with a long pole Lol

Ote will soon do another dump.

awesomeJ:
Are you confusing Tony for Otedola?

Abi are you referring to a different 750m USD?

were you not aware? (In wike's voice)

awesomeJ:
Yes sir.

If I buy a stock with N50m in January, and by June, it's done 100% and is then valued at N100m

Even if I sell and have no plans to remain on the market, I will sell for N100m, then repurchase for N100m and resell for N100m.


Two transaction tranches:.
First leg: I entered at N50m and exited at N100m , N50m gains .

It won't be taxable cos I'm deploying the process into the second tranch.


Second tranch:

I entered and N100m and exited at N100m

No profits hence no tax.

Check again, cumulate transaction and profits will be considered. JIJO gang beware.

RayRay06677:
New tax law has no effect on treasury bill. Nothing new.
If it does please someone should help explain, thanks

Your TB is a short term instrument. They will share in your profit.

megawealth01:
²Billioniare Otedola has done it again

He has just made a big move by selling his majority stake in Gerugu power company worth $750m

This is same stake he acquired 12 years ago for less than $150m...that's 5X ROI

No jokes, Otedola is gunning to become the Omaha of NGX, Lagos Island.

Question now is why did he sell it?

What does he want to buy next?

#moneylessons247

30% CGT?

Ote wants to move asset to safe havens.

The dude is dancing to the gallery. Courting their attention for electoral purposes. It will backfire. just like others.

NaijaRoyalty:
His punishment should be capital

without waste of time.

Stockhunter:
I can bet my 2 cent that this CGT will not be implemented. There was a reason the last one was not. One, we dont have the infrastructure, two, the market is very dynamic and complex. Only the JIJO guys that swing though several stocks in a year will confuse the system.

Another example if dangote fertiliser/refinery list by say 2nd quarter next year and an investor enters into the stock by 3rd quarter and makes gain above 10m, will this be taxed too, considering the reset date of 31 Dec 2025.
This market go burst the tax guys head no worry.

Tax is calculated when you sell and takes the cash out of the market.

emmasoft:
Before the year runs out in 56 days
You can still make some money when you invest in

Norrenberger MMF - 18.56%
Norrenberger Dollar Fund- 9.24%
Stanbic MMF - 17.01%

To open an account and start investing, click the first and second links in my signature.

Let your money work hard to generate money for Detty December

readers should note that the returns is annualized. the % you are seeing thereis over a year.

KarlTom:
ASO

Gucci OR Nylon

weathered nylon.

heavenisreal18:
Pls how many minutes or hour does it take to drop if I withdraw my money from MMF .pls is urgent

It depends on your fund manager. However, it can be done in less than 1 hour if you make request between 11am - 2pm.

anonimi:
Spending money on training while Ajaokuta steel company rots away despite audio announcements is a very sad thing.

Their job is more than Ajaokuta. We have mining operations and other privately held mills and foundries working.

codeME:
they said i should get confirmation signature from my bank, I have been to the bank they told me there is nothing like that.

maybe the person that attended to you is a newbie or an IT student.

Digitron:
No, not senior staff but Entry level engineers

Senior staff starts from graduate position (GL8 in civil service) to the rank just below management (GL14).

In the Nigerian oil and gas, anyone below graduate will fall in NUPENG. Management staffs are not eligible to join Union but professional societies.

handsomebolanle:
Let’s get it straight sir.,
From Dangote and what we know now… They weren’t sacked because they joined union… infact, Dangote ascended to a freewill MOU to join union.

What we should be talking about now is the content of the whatsapp. Maybe not necessary anymore, but time will tell.

The whatsapp thing is a lie. It's just another attempt to hand the saboteur label on the pro-Union staff.

Chilipepper:
If income comes from both husband and wife, then chores MUST come from husband and wife too. — Journalist Eloho Johnson sparks debate.

maybe they should share the chores in the ratio they pay bills. Let's all be mard.

isyourboy:
I’m not the begging type as I have a lot of things going on for myself. My sister joined her husband in Canada last year courtesy of her husband. Outside of the little 50k, 100k there that this man used to send to me (I don’t know how much he gives my parent — In law, by the way ), he’s never thought of establishing me in business or find a way for me to join my sister in Canada.

Even most times you have to remind him before he send the pittance he sent to me. Last week, I told him to find a way for me to join my sister in Canada, and he said he’s still paying for the debt he took for my sister to join him and he want to send her to school also. Meanwhile I didn’t know this. Okay then I can wait. After then I told him to find me a bulk sum so I can start some business. He asked how much and I said 5M naira would be enough, he cut the phone, called him back and send him msg on WhatsApp which he read and didn’t reply. I called my sister and told her what her husband did and she said she will talk to him.

You have been in Canada for a while and little things to give back to the family is difficult for you? Not his fault

It lookslike he made a mistake marrying someone in your family. You better go and learn handwork and stop being an entitled parasite. Abi, in all your story what have you done for him? You called 50k and 100k pittance. If it is that small for you, go get a work or ask your father and brothers. Don't stress the innocent man. He did go to Canada because of your family!

happney65:
Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

Nigeria under the PIA does not allocate oil blocks or fields to individuals. It has to be a corporate body. If you are interested in knowing the beneficial owners, corporate affairs commission is there for you.

Enjoy.