athaboi:
They will soon bring one mallam to scatter Nigeria Stock Exchange! Just watch who replaces him

this one touch me o

athaboi:
They will soon bring one mallam to scatter Nigeria Stock Exchange! Just watch who replaces him

true talk, am expecting abdulahi or idris

If ndigbo had any sense at all they'd build this guy up and present him as the next president.

It's their turn afterall, but greed will not allow them to think properly

Militant30:
if the foolanis

lol

Yankee101:


Convert to dollars

Find exchange rates pre and post

Then recalculate to see the decline

There was actually no decline. I did the maths and it amounted to 20% increase. USD to NGN was at 153 in January 2011.

Kudos to a good effort to people that do their work. This is despite the recessions we face faced recently in Nigeria.

Maybe I don't know economics but someone else can counter it.

deenee:


Tribal sentiments will take us no where. Also try and keep abreast of events in the country .

NSE has just completed the process of demutualisation and has three operating entities namely NGX Limited, NGX REGCO and NGX RELCO all of which will report to a Holdco called NGX Limited and guess who the GCEO of NGX Limited is .......Oscar Onyema

You tried to even explain. Reason why most people think these top guys stay at the top - most people come online and savage each on Twitter meanwhile reading and keeping abreast of what is happening, they won't.

The NGX Real Estate Ltd. is something I'm looking forward to. Real estate in Nigeria is largely untapped.

I comment less on NL these days because some folks will misjudge your comment, some won't even understand the comment while a few, just a handful will understand and get the message.

DennisEche:
SEE CORRECT MAN WEY SUPPOSE BE CBN GOVERNOR INSTEAD OF THAT EMEFIELE.
JUST WAIT AND SEE ONE ADAMU TAKES OVER AND REVERSE 38 TRILLION TO 3.8 TRILLION.CHAI GOD WHY

hahahahaha abeg make una pity me for laff. Lolz. LWKM. But you guys are right. Nepotism is killing this country faster.

Oscar the boss. I've got eyes for one of your staffs sha. The dude nah spec .

Yea, I look up to you sir

athaboi:
They will soon bring one mallam to scatter Nigeria Stock Exchange! Just watch who replaces him

They leave this type of business for those who know how to do it.

dfrost:


There was actually no decline. I did the maths and it amounted to 20% increase. USD to NGN was at 153 in January 2011.

Kudos to a good effort to people that do their work. This is despite the recessions we face faced recently in Nigeria.

Maybe I don't know economics but someone else can counter it.

You're assuming $1 in 2011 is the same as $1 in 2021. Sorry buddy. Best of luck with what you think you know about Macro Economics

https://www.usinflationcalculator.com

Yankee101:


You're assuming $1 in 2011 is the same as $1 in 2021. Sorry buddy. Best of luck with what you think you know about Macro Economics

https://www.usinflationcalculator.com

I would have thought you would correct me with Nigeria's inflation rate but then.

Like I said, I'm open to learning and since you don't know my standard of measurement please provide a superior or contrary opinion with a cap.

Militant30:
if the foolanis like themselves I will not blame them because the Ibos are the most

Only those who have packed their brains with that bbq vulture meat will enjoy the rantings of a guy who has never left his waterside village in ph.

dfrost:


I would have thought you would correct me with Nigeria's inflation rate but then.

Like I said, I'm open to learning and since you don't know my standard of measurement please provide a superior or contrary opinion with a cap.

When you use Nigeria's inflation you've lost big money

When we want to invest in emerging markets we factor in the rate of return in nominal terms, real cost of money at various times (entry and exit/tenure) and country risks.

The higher the country risk the higher the rate of return

To give you a perspective of how poorly the stock market did, if you fixed your money in ANY nigerian bank for only 4 years at today's interest rates you'll compound more than the 20%. At 2011's interest rates you need less than 24 months. Remember that's fixed income, just like treasuries. In an investment portfolio stocks in emerging markets are one of your riskiest and should never yield below fixed income assets.

DeFixer:


Please can you show us how you arrived at this conclusion?

Newboss:


Not true. Do some basic maths

Check the meaning of compound factor

Yankee101:


When you use Nigeria's inflation you've lost big money

When we want to invest in emerging markets we factor in the rate of return in nominal terms, real cost of money at various times (entry and exit/tenure) and country risks.

The higher the country risk the higher the rate of return

To give you a perspective of how poorly the stock market did, if you fixed your money in ANY nigerian bank for only 4 years at today's interest rates you'll compound more than the 20%. At 2011's interest rates you need less than 24 months. Remember that's fixed income, just like treasuries. In an investment portfolio stocks in emerging markets are one of your riskiest and should never yield below fixed income assets.

Okay. That's better. Thanks for the explanation.

In broader terms, what's the percentage loss/gain between 2011/2021 taking the 10trillion and 38trillion into perspective?

dfrost:


Okay. That's better. Thanks for the explanation.

In broader terms, what's the percentage loss/gain between 2011/2021 taking the 10trillion and 38trillion into perspective?

Now you're asking me to make an investment analysis

That's where I make the big bucks

If you ever need to allocate substantial resources in a prudent manner, then we'll talk my fees. And you're welcome sir

Yankee101:


Now you're asking me to make an investment analysis

That's where I make the big bucks

If you ever need to allocate substantial resources in a prudent manner, then we'll talk my fees. And you're welcome sir

Yankee now you have killed me. For Pete's sake we still talking about the impact of the NSE honcho, Onyema.

On where on earth will I get NGN10.00 not to talk of NGN10trillion

dfrost:


Yankee now you have killed me. For Pete's sake we still talking about the impact of the NSE honcho, Onyema.

On where on earth will I get NGN10.00 not to talk of NGN10trillion

Have faith bro

You fit be minister, governor or dangote take over tomorrow

Just remember say i fit manage the money for you, your state or ministry when e come

Yankee101:


Have faith bro

You fit be minister, governor or dangote take over tomorrow

Just remember say i fit manage the money for you, your state or ministry when e come

I don't want any of the above. Public lifestyle is no longer for me.

fnep2smooth:
From 10 trillion to 38 trillion.

Put N10 trillion into Dollars as at 2011's values; then convert N38 trillion into Dollars at the prevailing rates. Check if there is an actual growth, or a decline.