₦airaland Forum

emmanuelewumi:
I am not a PE person, I am an earning growth cum quality business person. From the earning growth and quality of the business, I can always forecast a justified earning multiple


Back in the days, I missed opportunities focusing solely on PE

Sunrisepebble:
My portfolio gained 8 zeros this week

Sunrisepebble:
They are planning to do one. I have good information they will. I don’t know the ratio though

Willie2015:
Seplat go do N8k without stress

ositadima1:
Taxation for Investors and Traders in the Nigerian Stock Market (2026)
As a resident individual in Nigeria, dividends and capital gains from stocks are taxed under the Nigeria Tax Act, 2025. Here’s how it works, and strategies to legally reduce your tax burden.
________________________________________
1. Tax on Dividends
• What counts as dividends?
Any distribution by a Nigerian company before deductions (gross amount).

• How are dividends taxed?
They are treated as part of your total income and taxed at the individual income tax rates:

Tax Band (₦) Rate
First 800,000 0%
Next 2,200,000 15%
Next 9,000,000 18%
Next 13,000,000 21%
Next 25,000,000 23%
Above 50,000,000 25%

• Tax already deducted at source?
If dividends fall under Section 51 (final withholding tax), then the deduction at source is final, and you don’t need to include them in your income tax return. Otherwise, they are part of your assessable income.
________________________________________
2. Tax on Capital Gains (Share Sales)
• What is taxed?
Profit from selling shares, options, or rights.
Formula: Sale Proceeds – (Acquisition Cost + Disposal Costs) = Chargeable Gain.
• Tax rate: Same individual income tax rates as above.
________________________________________
3. How to Reduce Your Tax Burden
A. On Dividends
• Authorized Collective Investment Schemes (CIS): Dividends from CIS are tax-exempt.
• Export-Oriented Businesses: Dividends from these businesses are tax-exempt.
• Real Estate Investment Companies (REITs):
o REIT income itself is exempt if 75% is distributed within 12 months.
o However, once you receive the dividend from the REIT, you are taxed at normal income tax rates.

• Foreign Dividends: Dividends brought into Nigeria through approved channels are exempt.

B. On Capital Gains from Shares
• Threshold Exemption: No tax if BOTH apply in a 12-month period:
o Total sale proceeds < ₦150m, AND
o Chargeable gains < ₦10m.

• Reinvestment Rule: Reinvesting sale proceeds (within the same tax year) into Nigerian shares reduces taxable gain. Only the non-reinvested portion is taxable.

• Deduct Costs: Always deduct brokerage fees and other disposal-related expenses.

C. General Individual Deductions
(These reduce your total taxable income):
• National Housing Fund (NHF) contributions.
• National Health Insurance Scheme (NHIS) contributions.
• Pension contributions under the Pension Reform Act.
• Interest on loans for an owner-occupied home.
• Life insurance or annuity premiums (for you or your spouse).
• Rent relief: 20% of annual rent (max ₦500,000) with proper documentation.
________________________________________
4. Key Considerations
• Record Keeping: Keep details of share purchases, sales, costs, and dividends received.
• Compliance: File returns even if your income is exempt.
• Seek Professional Advice: Tax rules can be complex and exemptions depend on your specific case.

unite4real:
I hope some are not viewing the N250 billion as a grant.

The massive dilution effects should be heavily considered. Then the extreme patience for both top and bottom lines to make sense

EDUECO:
These folks who bought at highest price before the reversal of price in a no-dividend paying insurance stocks are the real losers(also known as the bag holders)!

Streetinvestor2:
The red u see in some insurance won't be thr tomorrow max Tuesday based on what I saw on bid/offer table. So I disagree with u.
Let time decide

Pojomojo:
We might see another scenario of a post someone shared here yesterday on JAPAULGOLD that if one had invested N10m in that stock in July 2022, that N10m would have become N140m today. So we might see the same come next year or so in Insurance sectors.

It was bloody on Friday in insurance sector as profit takings started or maybe panic sells due to the news that the sector has been giving a timeline period of 12 months to comply on their recapitalization.
And as experts have also mentioned here, yes some of the insurance companies have already met the capital benchmark. One needs to know the insurance company he/she is holding which segment they fall into. For example; Life Insurance, None Life Insurance, and Reinsurance. With this 1 to 2 weeks rally in Insurance sector, likely 75% - 80% of the insurance companies listed on the NGX already attained this benchmark and with this 12 months time frame giving to them, they will surely meet the requirements. We might still see more reds today on this sector and when the dust settles, some of us will later come back to buy this stocks at a higher price. They said a patient dog eats the fattest meat, so those in a long run, should worry not or panic.
The rally we witnessed within 2 weeks in the Insurance sector, is just a tip of an iceberg. With the reform art bill been signed by Mr. President, soon all the states in Nigeria will make it mandatory that all public business owners, car owners, house owners, etc must get an insurance coverage, and what does that mean? So the insurance sector is just gearing up for a take off and there is no cause for alarm, rather one need to taking more positions and increase his/her holdings. May we have a productive and wonderful Friday ahead.

This is not a financial advice...the outcome maybe different. Always do your own research if you are not willing to accept the risk.

Tpharell:
I am wondering who in their sane mind will be offloading Mbenefit with such an excellent H1 result and the general insurance bull

Fred2020:
Some buyers pushed Veritas’s price down last week probably to shake things up and take a position. Now, come Monday morning, they’ve flipped it into a near full-on bid.

It appears the same game is being played with WAPIC.

Agbalowomeri:
Lol make person no make money again?😂

Person dey convert paper profit to real cash

How would he sell 25m of UNIVERSAL on a normal day

feelamong:
I really dont understand how you guys trade stocks?

as at the point of buying, I have an exit target i have set based on its current valuations; I will only review this target if and when new information comes in to either make me exit earlier or stay longer...

This does not however follow for the stocks i keep for long term dividend plays

megawealth01:
I saw value in it years ago...

feelamong:
if you no longer see value, then why are you still holding?

megawealth01:
Moneybags don't really reason that path... They see VALUE

Mpeace:
Seplat has done over N5billion yet no price movement. Na wa oh

austinkenneth:
Some of us are trapped in Seplat. No movement, while other stocks gained 50%.

We need help. More than 500m worth single trade is required for movement.

From whence cometh our help?

PETERiCHY:
Meanwhile our FUNDAMENTAL STOCK POLICE OFFICER watching all the JUNK STOCKS Traders making all the MONEY

Mankind2024:
Your sense of history is skewed. I never swore at you. It's clear you lack basic etiquette. The market has been extremely rewarding for me. I'm now in the consolidation phase of building a legacy portfolio for my offspring and future generations.

I recall our previous discussion where I advised investors to remain invested during the twilight of the Buhari administration. You responded that people like us would be the first to surrender our portfolios at the sight of a bear market. I'd like to clarify that I'm a successful self-investor with experience in three exchanges: NGX, NYSE, and Binance.

My investments have yielded impressive returns. On NGX, I'm on track to reach my goal of a N1 billion portfolio in under two years. My NYSE portfolio is compounding nicely, and my digital assets on Binance have doubled in value. You can call me a stock billionaire if you like – that's what 11 years of staying invested through good and bad times have earned me.

My investment philosophy is centered around long-term growth, not short-term gains. I don't trade frequently or book profits often. Instead, I set personal goals and work towards achieving them. I hope you'll learn from my approach. Humility is key in investing, and I often advise against getting caught up in short-term competition or predictions.
Due to personal reasons, I won't share my NGX portfolio here. However, you're welcome to learn from my NYSE portfolio, which continues to compound nicely.

Vicky951:
He deserves it though. Everyone is just lashing out on the woman. Did you bother knowing the cause of the divorce. Or you think the US government is stupid? Before they will take it license, and limit access to his kids, something prompted him.

If you know you have a character flaw as a man, like aggressive cheating, verbal, physical or emotional abuse, better stay in Nigeria. Foreign countries had zero tolerance for these behaviors against women.

As someone who has been in the USA for over 6 years now, and know this family, the man deserves everything. I have zero empathy for me. If he were to be my brother, he still deserves it. Women are humans too and deserves to be treated right. The woman even gave him an option of going back to Nigeria for a while or getting another space so they see how to resolve the issue with time and he said instead of leaving for Nigeria, he’ll get a divorce. And he got it and even more! May his soul rest in peace.

yMcy56:
ARADEL
Causing quiet house?
Disappointing response from profit takers...
It's well o

Full offer @694.80......but the good thing so far is that no official price movement yet.
Make Una dey pray o, say one bad belle should not come and pick/cross 100k single transaction....
Price still @772 officially..