₦airaland Forum

mikeapollo:
Whether Tinubu, APC, Obi/Atiku, ADC, Wike/PDP, I don't care.
I am not the investor that dragged the market in November 2025; which made govt to quickly reverse and recant some of their statements on the CGT, including reducing it to 25%, which would be unlawful because such 25% is not backed by any law.

You're speaking on what you don't know.

The 25% is exactly what's in the law.

There's no specific rate set for CGT in the law.

It simply uses the PIT rate which is 15-25% in the law, as well as CIT rate which was 30% and is to reduce to 25%.

Those are already enacted.

mikeapollo:
Who said the market is crashing?
You should understand the difference between a conditional and non-conditional (absolute) statemen.t
By the way, I wonder how long ago you started investing in the NGX. Too much unnecessary personalization of issues..
Anyone that was active in the NGX 2007-2009 would be circumspect in making some comments. Nobody prays for a crash, but some govt policy actions can lead to a crash. We saw it in November 2025.

You that think your exit from the market will be lead to the "end of the NGX"

Aren't you the one daydreaming.

If you like, let it be that you've spent 200 years in the market, fact is nobody knows you, your exit will not even reflect on deals count, talk less on market cap.

GeeKudi:
but you will eventually need to take money out nah

Certainly, but it will be on a new cost basis, so I'm good.

GeeKudi:
Yes. Make it 10% but be very aggressive with the implementation.

Make it any % but keep the reinvestment clause 😁😁😁

mikeapollo:
So when I sell my stocks and keep my money cash inside my room(assuming), they will come and collect the tax from my room?
Or when I convert to foreign currency and wire it to my foreign domiciliary or fixed deposits accounts in Europe, US or Ghana or S/Africa?
You think the proceeds would be sitting idle in my local accounts till end of the year?

When I say the ''end'' of NGX, I mean it would lead to exodus of investors and the index would crash!

The market isn't crashing.

You will just no longer be a participant.

I doubt the market will miss you.

Except of course you control up to 5%.


I look forward to days I will control 5%.

Agbalowomeri:
Ideally yes. 25% of the 5m

Still complex, cos
1. Part of that N5m you withdraw may be your principal
2. If you return the N5m months later, it's deemed reinvestment, so you become exempt.

Agbalowomeri:
You forgot that the loan was for 3 months

I used 6 months.

But the time really just determines how much more you lose.

The fact you lose money isn't dependent on the time.

It's a function of the negative spread between what you're paying as interest and what you're being paid as interest.

Agbalowomeri:
Na scenario analysis I give you
You na AwesomeBillions

Better. 😁

5 talents returned 5 talents not 0.5 talent.

100% is the standard.

Your billions can only return billions or more, not 8 zeros.

Agbalowomeri:
I don put approximate numbers na. Make my head no hot

Sorry my hand hit submit before the post was ready.

It's been edited now.

To be clear, I did StanbicIBTC smart loan in 2020.

I used my $3000 and N2million assets to secure a N2m loan at around -5% spread.


But that was cos I was still fearful of the market.

Today, I can't even imagine myself doing any form of fixed income.

Maybe when my portfolio hit N2bn or more sha.

For now, we need to recover lost grounds.

I had no money to trade for 5 years, just skeletal funds, but thank God I built the experience needed, and thank God meaningful funds are coming now.

I need all the acceleration I can get.

Agbalowomeri:
Let me give you a scenario

You have 10m in MM which you put there because you didn't see any immediate opportunities in the stock market. Some months down the line you saw something that you suspect could earn you 50% give or take. You took a 5m loan at 26% for 6 months. You became lucky, you got your 50% profit in 3 months. You actually paid back your interest from the profit and pocketed over 2m without disturbing your core capital. Na win win

Put numbers to help us see clearly.

Your gross returns are 2.5m
Finance cost even is 650k,
Your mmf returns are 375k

You end up with 2,225k


If you just save yourself the unnecessary stress.

You keep the full 2500k

And return your capital immediately.

When it's not like it's hard to withdraw or return your capital.

2500k vs 2225k is an 12.4% outperformance.

It's worse if the real cost you borrow at is above 30%.


You people seem to be using old further maths to run these numbers.

It's basically simple, you can't trade a negative spread and expect to make profit.

Inflation numbers due today, some people are projecting 13.xx

MPC is next week.

Meanwhile, apart from PAYE taxes and CIT, e be like this tax regime will largely be same as old.
Cos bread prices are still the same. Mr Oyedele said bread will be cheaper as government would reimburse bakery owners for VAT they incurred on flour, butter, and sugar purchases, as well as VAT on diesel and machinery. I don't think any baker has started getting anything.


It's even that 0.08% stamp duty he said would be taken off stock market transactions that I was happiest about. That would have been like N1.5m extra income for me this Q1.

Abi 2 months never reach to begin see impact?? When most people expected complete radical changes beginning immediately the clock hit Jan 1st.

Agbalowomeri:
What if the 8 zeros is your interest on fixed deposit? Would you be happier?

Good morning Agba.

I hope it's not actually your annual interest that you refer to here.

If it's annual, I'm already there 🎉

Cos even with my current portfolio size, my earnings for H1 2026 will be in 9 digits, and H2 will double H1, especially if I keep my Q3 spendings in check.

The growth I seek is for the 8 zeros to be a consistent weekly earnings.

8 zeros will already be quarterly earnings by Q3 or Q4 this year. And it's tax free 🎉


Your own annual, should be 9 or 10 zeros based on your portfolio size.

rmx:
I know , that’s the beauty of stocks , get both capital appreciation and dividends but more risk , also not possible to replicate that every week , even monthly

Fixed deposits , sure rewards low risk .

In all naira assets should do well this year

Yes sir.

Agbalowomeri:
This your projection gets as e be
Even Dangote go envy you

I know I made an assumption that every week will be that good.

But bad as e bad, market will do 5x

rmx:
You can have both and even be more happy

With about 500m you can have that 8 zeros as interest

Problem is you're referring to annual interest.

The 8 zeros we saw here came in in 5 days.


That's a 52x outperformance 😁😁

SonofElElyonRet:
Pa Emma, AwesomeJ, Mankind, Mega etc.. Awon Alagbara

Amen! 😁

SonofElElyonRet:
Ellah and Japaul no disappoint me oooo.
I want to be like awesomeJ and mankind

😁😁😁
Like Pa Emma and Mankind you meant.

Mankind2024:
Yes, in the relentless pursuit of true financial independence, never forget to nurture your physical health, mental peace, and spiritual well-being along the way.
Right now, as I type this on Valentine's Day, I'm taking my family out for a simple yet meaningful outing. We're making them taste a bit of life's sweetness—at a modest ₦250K. Nothing extravagant, just quality time and shared joy.
Meanwhile, the portfolio quietly does its job in the background, quietly recovering the cost and compounding in silence.
That's the beauty of discipline: it lets you enjoy the present without derailing the future.

Perfect 💯💯💯

rmx:
By all means be inspired and use the opportunities available

Delayed gratification is a key part of the game

I have been compounding for over 2 decades , nothing as sweet as flexing with returns from investments

Yes sir. 🙏

abuhusna1:
I am hoping to to be in the billion naira gangs portfolio too just my major stock im banking on dangote sugar and transcorp no there yet. 3x from here with compounding and price growth i should be there then I'll live on dividends

Thanks for sharing.

When I said the average portfolio size here is in hundreds of millions, some people preferred to believe otherwise.

By 2030, I pray the average portfolio size is over N500m, maybe billions.

Agbalowomeri:
Lol after una don chop bull money finish

Wetin Una wan leave for me? Ramadan ram?

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.

Mankind2024:
The irony of life is this: Once you breach that first ₦10 million without blowing it, the hunger sharpens—you suddenly crave the next milestone. At ₦100 million, you start dreaming of true freedom, but with caution. Then the market rewards your discipline, and ₦150 million arrives almost effortlessly through consistency and patience. Before long, you're in the ₦500 million league, tasting real financial liberty. Opportunities open up; you see everything you could acquire for yourself and your loved ones.
Suddenly, the generational bull run—fueled by that "Emilokan" momentum—propels you into the ₦1 billion portfolio club. Yet the appetite renews the moment you hear that even the ultra-wealthy, like Tony Elumelu, are still actively acquiring more (just look at his recent major stake in Seplat Energy). That's when it hits you: there is no finish line in the pursuit of wealth.
You realize every single naira in your hands is a worker—it can be deployed to earn, grow, and compound in the endless quest for true financial independence.

Yes, but I love a balance too.

Like stopping once a while to enjoy the wealth.

Because taking it to the extreme too probably serves no purpose.

Stories exists of people who lived their entire lives in frugality, and then planned to start enjoying their saved up millions in retirement only for a chronic health diagnosis to make such enjoyments impossible or even cut their lives short.


I will still spend on lifestyle upgrades in Q3, it's just that the budget has now been cut by more than 50% 😁😁

Like King Solomon said, having wealth is not just enough, being able to enjoy it is the bigger blessing.

crownprince2017:
The portfolio that return 100m in a good week no be beans.

Whereas one of your friends that used to demand people to show there portfolio at any slight provocation can learn and stop looking down on people on faceless forum because he can only see his own account only.

A 1billion portfolio will deliver it in a good week 😁

And to think it'll be tax free.

emmanuelewumi:
Percentage bawo, na absolute figure jor

1% gain by a N1 billion portfolio is equivalent to the salary of a minimum wage worker for11 years.

Equivalent to 8 times the GDP per Capita of Nigeria

Exactly sir.

I'm so excited.

rmx:
100m is still a significant amount , am sure less than 10 % of the population have that in there accounts

There are just levels , as with all things

Maybe even less than 5%

Which is why I mentioned that it probably is, in my real world circle.

But if I have what it takes to grow it to N1bn in a very short time, why not do so, when i've just been reminded that a N1bn portfolio can return that same N100m in a good week.

That's new ability that makes my splurge way more affordable.

It's also the kind of earnings that makes even your extended family comfortable. Why not seek it in their own interest too.


Fact is not everyone will get the opportunity to grow wealth into billions, those of us who get such opportunities shouldn't squander it.

Agbalowomeri:
What if the 8 zeros is your interest on fixed deposit? Would you be happier?

No I wouldn't.

If 8 zeros are my fixed income interest, then it means the market would easily make them 9 zeros.

That extra zero is N900,000,000

That's enough to pay 100 people N9m per annum in salaries.

You're leaving that kind of money on the table

Agbalowomeri:
Well at least you remembered my 7 year boom "prophecy" Na Loco spirit come enter me

We'll force it out by fire.

lasisi:
@awesomej, I hope you succeed in this your agenda to let Oga @agalowomeri abandon his over cautious stand on NGX. Surprisingly Agba was the one that was drumming it into everyone's ear during the 2023 election that the emergence of PBAT will usher in a bull never seen before on NGX. Unfortunately he jumped out of his GTB at N37 (100%) gain not knowing that the bull he predicted just stated.

I will.

His billions must produce many more billions.

Agba has abandoned the market to go do Valentine.

Thanks @mankind2024 for tilting the conversation in this direction this beautiful Saturday morning.

Thanks too @pa Emma, even though you've already mastered all these, thanks for sharing with us who are upcoming.