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Family / 10 Lessons I Learnt In My 10 Years Of Marriage by DonDraper: 8:38am On Apr 09
🔟lessons I learnt in my 10years in marriage🥂

#1. Men crave honor, not just respect. He could get respect from his neighbor, colleagues, even a stranger.

#2. Lower your expectations from the start. Fairytales are fiction and doesn't last longer than a novel or movie length, marriage is a lifetime reality.

#3. You would both hurt yourselves more than you could ever imagine, and your capacities to forgive and love again would be tested. A lot of people don't survive the test.

#4. The likelihood that one spouse would be unfaithful at some point is higher than the statistics... Also It's more likely to be the man. These categories of women would cheat (a) the unrepented slot (b) the unattended or neglected (c) the scorned. The second category are lonely, and the last category just want to get even. Try not to break the trust, it's so difficult to repair.

#5. Children are a blessing from God, but always remember they are the icing and not the cake. They would grow, leave and cleave. Let them be your common interest and love binder, not your escape. May God bless you with your own children 🙏

#6. Be intentional about fanning the flame of your love. It naturally goes out if you don't make the effort to keep it burning.

#7. If you two don't care about each other more than you care about yourselves, you are just flat mates.

#8. Women pls marry men you look up to. Women are drawn to some form of leadership and power. Dear man if you do not possess the one that fascinates the woman you are going for, you will share her eventually.

#9. Man, the only way you can remain the leader in that home is to be the provider. A woman can at best be a contributor, and if she provides it can only be temporary. Hustle my man!

#10. Most matters you take out to outsiders could have been resolved within yourselves. The people you are going out to don't have it any better. Your pastor is not a marriage counselor. Your friends are not the ones you got married to. Your parents have finished their job. Learn to communicate with each other, and resolve your issues.

In summary marriage can be Heaven on earth, or Hell. The way you lay your bed, so you must lie on it. Wish you well 🥂

Chux Nnodim

283 Likes 41 Shares

Nairaland / General / Re: Dora Akunyili Awards 2023 (DAK23) - Female Category by DonDraper: 5:08pm On Dec 27, 2023
Nairalnders look out for the nominees and winners of the Male Category. Moderators please move to front page to inspire others.



CC: Seun
CC: Moderators
Nairaland / General / Re: Dora Akunyili Awards 2023 (DAK23) - Female Category by DonDraper: 5:06pm On Dec 27, 2023
Drum rolls please 🥁🥁 🥁


AND


THE



WINNER IS...



Prof Nnenna Oti 🍾🥳🎉💯
VC of FUTO - First female in that position
INEC Returning Officer 2023 - Abia State Governorship Election


She needs no introduction. She was dogged. She was virtuous. She was a believer of a corrupt-free Nigeria. She withstood threats. She defied all odds. She is an amazon. Millions of Abians around the world are in awe as the state is on the upward trajectory of growth. All these are because Prof Oti ensured that the electorates won't be robbed under her watch. Her story is well covered in the media. Please see link below for more details.



https://blueprint.ng/video-jubilation-as-futo-vice-chancellor-returns-after-2023-governorship-election-duty/

Nairaland / General / Re: Dora Akunyili Awards 2023 (DAK23) - Female Category by DonDraper: 4:54pm On Dec 27, 2023
FIRST RUNNER UP POSITION


Nelly Agbogu 🍾🥳🎉
Founder Naijabrandchick (NBC)
Founder NelliesNigeria


MSMEs are the engine of any economy. For example, the akara seller that starts selling from 6am, the barber shop at the junction, and the caterer at the end of the street. These individuals are at the heart of any economy. When they prosper the economy blossoms.


Nelly Agbogbu impacted over 1000+ of these individuals by helping them make sales. She hosted the NBC trade fair for MSMEs to showcase their wares, build customer base and sell their products & services. NBC trade fair was hosted in Lagos, PH, Abuja, Ibadan etc. generating over $1+ million. Testimonials from individuals have been mind boggling. Visit her page to learn more.

https://www.facebook.com/nellyagbogu1?mibextid=ZbWKwL

Nairaland / General / Re: Dora Akunyili Awards 2023 (DAK23) - Female Category by DonDraper: 4:36pm On Dec 27, 2023
SECOND RUNNER UP POSITION

Owen Omogiafo 🥳🍾🎉✨️
President & Group CEO of Transcorp


As of the time of writing this, the value of Transcorp has increased by 688% year to date (see snapshot below) and Transcorp Hotel by 921% year to date. This is a testament of her transformational leadership and hardwork. Investors (local and foreign) are smiling to the bank due to the increased value of their portfolio.


We congratulate her for this achievement and wish her a spectacular 2024!


https://www.nairametrics.com/2023/12/25/top-10-best-performing-nigerian-stocks-at-christmas-2023/%3famp=1

Nairaland / General / Dora Akunyili Awards 2023 (DAK23) - Female Category by DonDraper: 4:21pm On Dec 27, 2023
This Award celebrates the most influential and impactful Nigerians in the year under review. The nominees were specially selected based on their positive impact on people underpinned by integrity and virtue. They embody the tenacity, love for Nigeria, and integrity that was displayed by the highly esteemed, iconic and respected Prof Dora Akunyili OFR. Her spirit lives on in our acts.


The nominees for the DAK23 female category are:


1. Jennifer Edifi
- Defied the odds to vote and got injured in the process. Some have tagged her a "Hero of Democracy".


2. Nelly Agbogu aka Naijabrandchick
- Created a platform for 1000+ micro, small and medium enterprises (MSMEs) to generate a revenue of $1+ million.


3. Hilda Baci
- Broke Guinness World Record in style thereby promoting Nigeria and creating awareness so other Nigerians can unleash their talent to break records.


4. Owen Omogiafo
- Grew Transcorps group market value thereby rewarding local and international shareholders.


5. Ngozi Mary Kekwaru
- Returned huge sum found in her former place of work displaying integrity and virtue.


6. Prof Nnenna Oti
- Stood her ground as the INEC returning officer to ensure votes "counted" during the Abia state gubernatorial elections. She has been called a "Hero of Democracy" as Abians are now reaping the true dividends of democracy.


7. Tems
- Won Grammy award thereby inspiring others.


8. D'Tigress
- Won FIBA women’s Afrobasket champions in 2023 thereby inspiring others.


9. Asisat Oshoala
- Won CAF player of the year (Women) Award thereby inspiring others.


10. Oge Obasi
- Her movie, "Mami Water", won several awards this year thereby inspiring others.


Notable Mentions
We reckon that there are others impacting lives without making noise about it. We also honour those in the notable mentions section. Feel free to drop their names let's acknowledge and recognise them.


Without further ado, let's start with the second runner up for The Woman of the Year.

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 6:21pm On Nov 27, 2023
So many takeaways from this newspaper snapshot. A book can be written from this.

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 5:03pm On Jun 27, 2023
emmanuelewumi:
Nahco closed at N17.25k, a guy sold the stock at N6.00 because his average cost was less than N3.50k.

He is still waiting for a pull back.


I told him 3 months ago that the intrinsic value of Nahco was N14. Nothing bad if he could get it at N10, but he was still waiting for a major pull back.

The revised intrinsic value of Nahco based on the growth, current efficiency and profitability of the business should be N20


Sir, how did you come about the intrinsic value? We learn everyday.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 12:56pm On Jun 27, 2023
I felt bad after I bought Okomu Oil at N90 because I missed it at N75. The feeling got worse when tales of when the share price was N5 were told. In the market, the longer you hold the higher you chances of doing well as long as the business does well. Price doesn't matter too much as longer as it is below the intrinsic value. Some thoughts today as the market recalibrates:


1. What is the intrinsic value of GTCo?
2. Is it above N35?
3. If I buy at N35 what should I do so I don't feel awful when it drops to N20?
4. What should I do with the cash gift I just received? Wait for pull back? Go all in as time in the market is better than timing the market?


Picture herewith is courtesy of @BrianFeroldi

2 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 7:10pm On May 30, 2023
Nice play with words. Patience is a virtue.

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 12:59pm On May 15, 2023
Jerekre:


1. 32
2. I have shares and some pay dividends, plus my assets>liabilities. I have also read some finance books, I think they're up to 10, I also believe my savings rate is up to 10% (will start tracking this). I thought I thought I was reinvesting my dividends till I decided to put all my trades on MS Excel shocked it was bloody cry .
3. I'm not planning to score 100 since I I don't have any plans for Real Estate for now, for 2 reasons
i. I don't have enough funds, and
ii. I think the returns are smaller, than from dividend paying stocks like Zenith, GTCo, UBA etc.).
4. So I can have more options in life, and also to pass it on


Well done Sir/Ma! I wish you well on the wealth journey.

4 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 10:34am On May 14, 2023
I scored 66. I must confess it has been extremely challenging. Looking back, with focus and determination, I moved from less than 10 to where I am today. I still have my sights on 100 and beyond.


I had to cut down drastically on frivolous expenses and requests from people. Extra funds from the cost cutting were channelled to cash generating assets. I have been called unprintable names because of my actions to improve my financial health. Funnily, these same people are celebrating Peter Obi for his simple lifestyle and financial prudence. But when I did the same, they mocked me. If there's one word that sums up my financial journey so far, it is FOCUS.


Stay focused. The financial market is not running away. Remain focused. There will always be seemingly attractive new schemes. But stay focused. Your emotions will run wild. But stay focused. Financial analysts will try to influence you. But stay focused. Friends and family will try to sway you. However, stay focused. The economy will strain you. Comrade, stay focused. Social and traditional media will promote fads and FOMO. Alas, stay focused.


Anyway, what are your reflections?

1. What's your score?
2. How did you achieve it?
3. How are you planning to score 100?
4. If I may, why do you want to be wealthy?

10 Likes 3 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 12:10pm On May 13, 2023
Deep.

7 Likes

Politics / Re: How To Sell #peterobi To Northern Nigeria by DonDraper: 3:38pm On Jun 06, 2022
It will end in praise!

Politics / Re: How To Sell #peterobi To Northern Nigeria by DonDraper: 11:21am On Jun 03, 2022
2011 Election, how GEJ (PDP) overwhelmingly won Buhari (ACN) By Ugochukwu O. Ogbuka

Majority of the votes Jonathan got was from the South and middle belt! At the time, PDP was widely accepted and perceived to be a Southern Party!

That leaves me with the question, can the NORTH really win an election without the support from the South (The answer is NO)

Can the SOUTH win an Election without the North (the answer is also no)

But notice the difference in the NO/no...

that is just it...

Buhari won 2015 election as a result of perceived failure from a vast majority of the SOUTH!

A Northern propaganda campaign against Jonathan, headed by El Rufai, Lai Mohammed, etc made several southern Nigerians think Jonathan was doing badly and the campaign paid off in 2015...

If Jonathan had contested again against Buhari in 2019, because majority of Nigerians now knew better then, especially the southerners that Jonathan was doing even better, Jonathan would have won

The NORTH has a way of sowing dangerous seeds in the minds of majority of southerners, some of those dangerous seeds I will list below:

1. That a southerner cannot win a northerner in a clear election contest (presidential)
2. That the north is higher in population compared to the south
3. That southerners don't vote on election day,(they don't like stress)
4. That the real voters are not on social media
5. The real voters are those in the rural areas (lies)
6. That people's votes don't count on election day (lies)
7. That a south easterner can easily sell his brother for dollars on election day (is a lie)...this something that happens virtually everywhere in Nigerian politics a good example is given below:

Check all the elections between 1999 till date, Buhari contested in all and only won the last 2 elections, thanks to INEC

He's people in the North voted against him on several occasions either on the basis of party, or on the basis of social awareness (education and englightenment)...where were the rural farmers/people.

The overwhelming support of the south in 2015 gave him victory, if not he would have lost...today, that support is no longer there!

The reason for this post, is for us to take the time to review our political stands, understand our strength as a people whether North or South, study our election history carefully, make strategic plans, and find a common ground to vote the right candidate and win an election!

Another reason is to encourage you to understand your strength as a voter, the reason Buhari won Jonathan in 2015 was because a majority of us were deceived by the lies and propaganda campaigns...I'm sure we now know better!

We can win an election that we want to win, but our greedy and selfish politicians won't tell you this kind of TRUTH, because they rather want to win an election that they want to win!!!

#PeterObi is my candidate, he can win if we do not allow those seeds to stay in us this time!!!

Thanks

Ugochukwu O.O.

1 Like 1 Share

Politics / How To Sell #peterobi To Northern Nigeria by DonDraper: 11:03pm On Jun 02, 2022
How To Sell #PeterObi To Northern Nigerians by Oliver Emmanuel Chukwuemeka


No South Easterner can win a presidential election in Nigeria without the support of Northern Nigeria. This is not a curse, it is a statistical fact.


Based on the above fact, the major task of supporters of The Peter Obi Presidential Campaign should be to market Peter Obi to Nigerians in the North. To achieve this, I've come up with the following strategic ideas:


1. Translate All Peter Obi's speeches to Hausa and Fulfulde .

2. Buy Radio airtime in major Radio stations in the North where Peter's Translated Speeches and interviews will be played on a weekly basis.

3. BBC Hausa is vital. Get in touch with them. Grant regular interviews with bbc Hausa and other Hausa and Fulfulde platforms .

4. Create Physical presence through liason offices in key Northern cities. These offices should be functional and effectively engaging grassroot formations to propagate the message of a new Nigeria.

5. A powerful Northern Nigerian deputy from Kano, Kaduna or Kastina - the super 3 Ks.

6. Create a Shadow Cabinet with Shadow Ministers..
A Shadow cabinet doesn't have executive power since they are only executive members of government in waiting. Distribute key Shadow Ministries to the 3 Ks. This will create a deep effect in the political conversation in the North. The Shadow Ministers will operate just like normal Ministers, they should be given official cars and their job will include to criticize the original Ministers in the current administration - offering a better alternative to the unsolved problems of the current cabinet. Shadow cabinets are powerful opposition tools. This alone could place Labour Party as the main opposition party displacing PDP which is almost on its way to the grave.

7. The North is Nigeria's most politically conscious region. They don't vote money, they vote interest. Protect Northern interest in Nigeria while ensuring a balance in the South.

8. Supporters of Peter Obi must avoid getting into social media wars with Northern Nigerians. Stop the subs....they are your partner in constructing the new Nigeria. I've always maintained that the North is not in enmity with the South. Some evil politicians created a fake division. Peter Obi must expose that division and seek to be a unifier. Supporters of Peter Obi must have at least 10 influential Northerners who are partners in the Rescue Nigeria project.

9. Avoid religious misunderstandings. Respect each other's religious opinions.

10. Protect Northern businesses in the South and vice versa.

If Peter Obi is successfully sold to the North, you will see a political miracle in 2023.

Peter Obi is a builder... laugh at him with caution.

Please pass this message until it gets to Mr. Peter Obi and his campaign team.

Above all, get registered and secure your PVC.

12 Likes

Politics / Re: OPINION: Nigeria@61 - What I'll Do If I Were President by DonDraper: 11:09am On Oct 01, 2021
SLAP44:
B


Jafar.

Someone introduced me to him a few years ago but we've never met.

He lives in Kano while I live in Port Harcourt and we have been transacting business together.

He is my FX plug. I send him money and go to sleep until he does the needful, he's never cheated me. His rates are genuine and without gimmicks.

Recently, it took a long time for him to credit my account but I wasn't perturbed because I have full assurance that he won't try anything funny.

I sent him a message that I was yet to get credit. He called me immediately and apologized profusely that he actually forgot.

He credited me immediately but unknowingly did it twice. He was yet to realize his mistake when I called to mention it to him. I refunded his money immediately.

We have mutual respect for each other despite our differences and not meeting each other. I don't even know what he looks like, we only talk on phone but we take risk on each other.

Your concerns and reservations about Nigeria are valid. I have mine as well and I don't shrug it off, but don't approach every HUMAN you meet with that mindset, it poisons relationships, communities, and even opportunities.

We are first humans before Nigerians.

Happy Independence Day.

Your Co-Traveler,
Mister Maple
Maple Tammy Dappa
Politics / OPINION: Nigeria@61 - What I'll Do If I Were President by DonDraper: 9:59am On Oct 01, 2021
10-year-old Dumebi Edward-Dibiana writes on what she would have done if she had the mandate to lead Nigeria.

If I were the president of Nigeria, the first thing I would work on is Insecurity. Insecurity is one of the major problems we are facing in Nigeria. It is growing bigger and bigger everyday. The major aspects of insecurity in Nigeria are kidnapping, terrorism and banditry.

Kidnapping has grown so bad that after the Chibok girls were kidnapped by Boko haram, more children are being kidnapped from various schools in Nigeria. As president, I would increase the number of security personnel posted in affected areas, especially in Northern states. If we can’t stop insecurity, at least we can reduce it.

Furthermore, the Economic situation in Nigeria is very bad. Prices of food items are now very high. Some of the reasons for the increase in prices of food items include the coronavirus pandemic. Ever since the pandemic started, there has been lockdown, not only in Abuja but all over Nigeria, causing businesses to shutdown, especially buying and selling of food items. After the pandemic, traders, in a bid to recover from all the money that they lost during the pandemic, increased the prices of food items.

Secondly, we all know that farmers are the people that grow all the food that we eat in Nigeria. The problem is that farmers find it difficult to go to their farms because of fear of terrorists that kill and terrorise them on their way to and at their farms. This leads to shortages in food items because farmers are afraid to go to their farms.

For example, if there are 100 apples and 1000 people want to buy those apples, the traders would most likely increase the price of the apples because of the increase in demand, so that those that are able to afford the apples would get them. As president, I would provide security for the farmers and reduce the cost of farming tools so that farmers would produce more and make food more available.

The third reason is that farmers live in the villages and not in the towns. So, in order for them to get to the town, they would have to use transportation. But in most remote areas where farms are located, the roads are very bad and this makes transportation very difficult. So a journey on a good road which takes two or three hours, would take up to seven hours or even a whole day on a bad road. And that makes the cost of transportation very high, making the farmers add the high cost of transportation of their goods to the cost of the goods.

This leads to the traders increasing the prices of the food items in order to recover the money spent on transporting their goods. This is like a chain reaction. One action has a big impact on another and it keeps on going on and on. So, If I were the president, I would provide good roads in rural areas where farms are located so as to reduce the cost of transportation, thereby making the traders sell their goods at affordable prices.

Aside from that, the number of out of school children in Nigeria is growing day by day. More than half of Nigeria’s out of school children are poor and live in remote areas, especially in areas where serious cases of insecurity such as terrorism, banditry and kidnapping are taking place. As president, I would build schools in those rural areas and employ well-trained teachers to teach the pupils who attend the school. The pupils will not have to pay school fees because most of them are poor and cannot afford to pay the school fees. My government would pay the teachers who are working in those schools more. I would also provide security for the children and people in those areas.

I would also like to review the punishments given for certain crimes. This is to ensure that criminals get punished severely and serve as an example to others not to live a life of crime.

Another Important aspect that I would like to work on is the issue of electricity. Electricity is very important in Nigeria, it is used in factories for manufacturing of different products such as cosmetics, beverages, clothes, etc. It is also used in barbing, hair salons and different other businesses in our communities. Without electricity, we wouldn’t even be able to communicate with our relatives who are living in far away states or distant countries. As president, I would make sure that there is constant power supply or electricity, in our cities and rural and remote areas.

Furthermore, unlike some previous presidents we had in Nigeria,who used money meant for the people to satisfy their own personal desires. I, Edward-Dibiana Dumebi, as president, would use the money meant for the people for the people. I would be humble with my dealings with the money and put the needs of the people before my own desires.

Finally, I would work on the issue of unemployment. As we all know, the rising rate of unemployed people is forcing the unemployed people to go into a life of crime. As president, I would provide skill acquisition programmes for the youth who just finished NYSC and are searching for jobs in order for them to use the skills learnt to start their own businesses. By doing this, they would employ more young people to work for them, therefore reducing the number of unemployed people in Nigeria.

As you can see, insecurity is the cause of almost all the problems we are facing in Nigeria. If we can stop insecurity, Nigeria will become a better country.

* Dumebi is a 10-year old JSS 1 student of the Command Day Sec. School Abuja. She made this presentation at the Children’s Church of the House of Destiny, Redeemed Christian Church of God (RCCG), Abuja.


https://365daily.com.ng/2021/10/01/opinion-nigeria-61-what-ill-do-if-i-were-president/

Crime / Re: Help! A Lady Kidnapped On Her Way To Church In PHC!!! by DonDraper: 5:34pm On Nov 29, 2020
thesicilian:
I pray she's found safe and sound.



The personal phone number of a designated member of the family should have been added for anonymous info. Most people don't like getting involved with the police.

Amen!
Crime / Help! A Lady Kidnapped On Her Way To Church In PHC!!! by DonDraper: 3:53pm On Nov 29, 2020
M
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 3:26pm On Jul 25, 2018
Agbalowomeri:


Lol
Odikwa........

Agbalowomeri:


Lie
What of the caverton and cutix bull grin


Tuesday, July 10, 2018
Nigeria: Sustained market rally requires domestic retail investors



Dear Africa interested professionals:

On April 25, 2016, I wrote an article (can be found as the featured post on this blog or using the search function) and stated that the domestic retail investor will determine the performance of the Nigerian stock market. 2018 has brought more evidence to buttress my assertion.

The Nigerian stock market’s most ignored and maligned customer base is the domestic retail investor. This largely ignored customer base determines how the stock market in Nigeria will perform. In January 2018, domestic retail investors put N106.5B in the Nigerian stock market and the stock market rose approximately 16%. The contribution of domestic retail investors has not even reached half of that figure per month from February to June 2018 and the Nigerian stock market is now in negative territory at approximately 1.6%.

Total foreign portfolio investment from January - May 2018 rose by 121% compared to the same period in 2017. Domestic institutional investment only rose by 58% over the first five months of 2018 relative to the same period in 2017. If domestic investors do not believe in the viability of their own stock market buoyed by the non-exposure to currency risk, foreign portfolio investors will continue to trade stocks rather than invest in stocks. Domestic institutional investors need to increase their stake in the Nigerian equity market if market stability is to be a sustained reality. Domestic retail investors need to be encouraged to invest more funds more frequently and consistently, if all investors are to experience gains from a sustained market rally.

The Nigerian ASI peaked in March 2008 driven by an all-time high number of domestic retail investors in the Nigerian stock market that started in early 2007. The stock market ended up down by 45.8% in 2008 driven by foreign portfolio investors fleeing.

The Resource Curse is afflicting Nigeria to a large extent. The Foreign Complex Curse is afflicting the Nigerian stock market courtesy of the brokerage firms. More attention and resources continue to be devoted to the foreign investor that is not able to generate a sustained upward rally in the stock market but is continually sought out for this purpose. It is time to look inward; the road to significant financial gains lies with the domestic retail investor. This is a fact; not feelings.


By Jude Fejokwu


www.judefejokwu..com

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 3:21pm On Jul 25, 2018
mendes911:


Am not talking about individual bull runs. Am talking about the exchange as a whole.

Of course, either you or oracle can put any stock on full bid for a week. Una deep pocket ni.

Oga Tiar might be referring to NSE's monthly report on Foreign and Domestic participation.


Wednesday, October 26, 2016
SEC Nigeria stands up for the Retail Investor


Dear Africa interested individuals:

On Monday, April 25, 2016, I wrote an article on this blog titled:


"Nigeria All-Share Index: Retail investors will determine how it moves."


I have been a vocal proponent of retail investors being given the necessary support to return in droves to the Nigerian stock market and for their outstanding grievances to be addressed e.g. the dividends not yet paid out for banks that were taken over by the Central Bank (Bank PHB, Afribank etc) during the tenure of Sanusi. Where is the money? No one is talking.

The Nigeria Stock Exchange (NSE) leadership has a different opinion. Retail investors should be pushed to invest indirectly in the marketplace by investing in mutual funds instead of directly purchasing equities into their own accounts. Some mutual fund companies were even engaged by the NSE to do investor education (of course marketing their funds) to retail investors to drive this agenda.
I have been and will remain adamant that the Nigerian stock market needs retail investors to en masse return to the stock market with whatever amount they have in their possession if the market wants to be even keeled. The Nigerian stock market achieved its highest index value in March 2008; this is also when foreign investor participation peaked. Foreign investors were in when the market achieved its all-time high and the market has been on a topsy turvy decline since then. Retail investors drove the market between the second half of 2006 through 2007, not foreign investors. The alienation of retail investors through a variety of unfavorable policies and business decisions has been the bane of the NSE All-Share Index performance over the years. There are other reasons, but, the alienation of domestic retail investors directly and indirectly is the foundation of the market's decline.
Where are the foreign investors that were waiting to jump in with their millions of dollars after the naira depreciated in 2016? More importantly, the index performance is still in negative territory. Nigerian Bank price-earnings ratios are collectively the lowest in Africa. No foreign institutional investor appears to be excited enough to invest heavily over a sustained period of time despite the relative cheapness of bank stock prices. So what's missing? In a hyper-inflationary environment, the best way to protect yourself (besides buying things in bulk instead of piece-meal) is to invest in equities. Despite this, market participants in Nigeria (brokerage houses and investment banks) continue to ignore their own and seek foreign intervention in their market. There is a proverb in Nigeria translated means "what you need that takes you far and wide in search of is actually right next to you." Retail investors must be brought back and given the much needed platform to invest wisely and directly! Their grievances from the boom and bust of 2007 & 2008 must also be addressed.

I am happy the Securities and Exchange Commission (SEC) of Nigeria has formally announced a plan to open up the stock market to retail investors. The SEC said the lack of adequate retail investor participation has subjected the stock market to extreme fluctuations driven by foreign investor market participation volatility.

I will keep standing up for what I deem to be logically right even if unpopular. The SEC has finally aligned with my stance and has set the ball in motion. I am thrilled though, this is just the beginning. When you keep shouting, one day someone worthwhile will listen. Such is life; patience is a virtue. Retail investor, your cry is gradually being heard. I stand with you and always will.

Tell others to tell others about this Africa Research Blog; the financial TRUTH is here.

By Jude Fejokwu

www.judefejokwu..com

1 Like

TV/Movies / Re: Kwese TV: Latest "Pay-per-view" Satellite TV by DonDraper: 4:16pm On May 24, 2018
Kwese Sports, BON Reach Agreement To Broadcast World Cup Live
Channels Television
Updated May 21, 2018

Millions of football fans in Nigeria are now guaranteed free and breathtaking action of the 2018 FIFA World Cup on terrestrial television.

This is thanks to an agreement the Broadcasting Organisations of Nigeria (BON) reached with the rights holders Kwese Sports.

Based on the agreement, matches involving African teams as well as the opening and closing ceremony of the World Cup.

In all, terrestrial television viewers will get to see 32 matches at the month-long event hosted by Russia.

At a press conference, held in the Boardroom of Channels Television in Lagos, BON Chairman, Mr John Momoh, explained the terms and conditions of the agreement.

Mr Momoh said, “We are focused on providing the best services to our audience and clients. And by combining the wide and national coverage of our members with Kwese’s offering, we can ensure that all Nigerians have the opportunity to watch the matches and cheer our great Super Eagles to victory during the FIFA World Cup when watching free to air television regardless of wherever you are in Nigeria.

“To this end, BON and Kwese have dedicated endless resources to ensure a top-class sporting coverage that will remain indelible in our minds for a long time to come.”


On its part, Kwese Sports said it was keen to get as many Nigerians as possible get to watch the World Cup.

“What is really important for us is to make sure that all Nigerians, to the extent possible, are able to have access to the World Cup,” the Chief Executive Officer of Kwese Sports Nigeria, Zakary Wasara, said.


The 2018 World Cup in Russia is scheduled to start on June 14 and end on July 15. Hosts Russia would get the tournament started by taking on Saudi Arabia.

Nigeria’s Super Eagles would get into action two days later when they face Croatia. The Super Eagles were drawn in Group D along with Argentina, Iceland, and Croatia.


https://www.channelstv.com/2018/05/21/kwese-sports-bon-reach-agreement-to-broadcast-world-cup-live/
Jobs/Vacancies / Re: TOTAL E & P Nigeria: 2018 Massive Recruitment!!! by DonDraper: 7:04pm On May 21, 2018
Total is the fifth largest publicly-traded integrated oil and gas company in the world, with 100,000 employees in more than 130 countries worldwide. Our size and performance rank us as one of the top five global oil companies. "We are among the majors that invest the most in exploration. More importantly, our teams are highly motivated. They have a real pioneering spirit we must keep cultivating!".

We are currently recruiting to fill the following positions below:

1.) Senior Buyer

Location: Rivers

Click Here To View Details


2.) Head, Security of Operations

Location: Rivers

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3.) Senior Civil/Structure Engineer

Location: Rivers

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4.) Data Management & Application Support Geoscientist

Location: Rivers

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5.) Senior Flow Assurance Engineer

Location: Rivers

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6.) Reservoir Geophysicist

Location: Rivers

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7.) Senior Well Performance Engineer

Location: Rivers

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8.) Senior Process Engineer

Location: Rivers

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9.) Production Performance Engineer

Location: Rivers

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10.) Economist

Location: Lagos

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11.) Graduate Process Engineer

Location: Lagos

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12.) Recruitment Officer

Location: Lagos

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13.) Senior Contracts Engineer

Location: Rivers

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14.) Production Operator (Trainee)

Location: Rivers

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15.) Inspection Subsea Engineer

Location: Rivers

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16.) Environment Operations Engineer

Location: Rivers

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17.) Graduate Wellsite Geologist

Location: Rivers

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18.) Contracts Engineer

Location: Rivers

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19.) Methods Engineer

Location: Rivers

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20.) Lead Structural Engineer

Location: Rivers

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21.) Project Engineer

Location: Rivers

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22.) Electrical Engineer

Location: Rivers

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23.) Accountant

Location: Rivers

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24.) Risk Management & Methods Officer

Location: Rivers

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25.) Graduate Methods Officer

Location: Rivers

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Application Closing Date
4th June, 2018.

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Jobs/Vacancies / TOTAL E & P Nigeria: 2018 Massive Recruitment!!! by DonDraper: 10:39am On May 21, 2018
Total E & P Nigeria is recruiting to fill vacant positions in the following departments:

Geosciences
HR
Finance
Engineering
Economics
HSE
Supply Chain Management
Insurance & Risk Management
Production Operations
Security Operations

https://krb-sjobs.brassring.com/TGnewUI/Search/Home/Home?partnerid=30080&siteid=6558#home


See attached document for further details!

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 6:59pm On Apr 23, 2018
OakPearl:


What is your investment strategy?
You seem to hv passed judgement already @the bolded?
Sure of your verdict?

Long term investment. I made the remark after i attempted to value them using the current PE, PEG and EPS.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 6:27pm On Apr 23, 2018
Greetings fam, I plan to add wapco, intbrew, dangflour, afripud and mobil to my portfolio. The fundamentals of the first 3 are not encouraging. Sirs/Mas, what is your advice?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 7:07pm On Apr 09, 2018
Agbalowomeri:


Profit or loss harvest?


grin cheesy Sir, with guidance from onegentleguy and your likes, it will surely be a bountiful harvest of profits. Don't you think so?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 6:00pm On Apr 09, 2018
onegentleguy:


Having previously analysed the coys u mentioned, I'll try to be as concise as possible.
On a scale of preference, I'd key into them in the following order of importance;
1) CUSTODIAN
2) CUTIX
3) AFPRUD & UCAP
4) CONTINENTAL REINSURANCE.
5) LEARN AFRICA
6) CAP

This is after a total consideration of their latest result.
...though CUTIX is yet to release their YE result, but given that their Q3 2017 performance is already slightly ahead of their YE 2016, the coy is well placed to deliver a far better than expected earnings in 2017. (...this is even if u decide to discount any input from Q4)
On CUSTODIAN, I have no further comment. ...their fantastic YE result clearly speaks for itself.

In all, I particularly like the 1st 3 but 'if they were women, I'll prefer to marry the 1st 2 and make the 3rd fellows my concubine'.
But then again, the 4th has also been doing things well especially in the last 8 quarters. However, I would only seek to adopt him should he come down a bit in price. ...preferably at a 20-25% discount from todays closing price of N1.86

That said, remember that ur entry price is often times even more important than the coys themselves. ...like I always tell folks, ur intended profit begins with a good entry price.
U probably haven't done enough in buying a good stock until u buy them at a good enough price.


However, except for the 6th, the others are all currently trading at a discount from their fair values, albeit at different margins of safety. ...so its still ok to buy if ur mindset is of the midterm.
But to play safe, I'll suggest u buy in trenches.

Disclosure: Onegentleguy is only currently invested in 2 out of the 6 aforementioned coys. ...though I must admit I also have 2 more of them on my radar.
Disclaimer: This revert is mainly advise driven and not any sort of recommendation.
DD still advised as always pls.

Good luck to u my dear !!

Thank you so much for your response. Now I have clarity on an approach to investing in these companies. Expect my feedback when it's harvest time.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 9:56am On Apr 09, 2018
emmanuelewumi:



For now there is no bank that gives single digit for Treasury Bills.


First Bank allows you to do Treasury Bills in the primary market with 100k.

What you explained up there is secondary market for Treasury Bills, I yet to see a single ydigit in the secondary market.

Sir Emma, Wanaj0, Rabbi, Agba, I would appreciate your answers on the below question:


Good evening investors, thank you so much for the wealth of knowledge deposited in this thread. I've been looking at these small cap companies and based on my research they have potentials. The pay dividends and they seem to be growing. I would like to get your thoughts on them as per investments? Your swift response shall be most appreciated. Thanks.

- Cap
- cutix
- ucap
- Learnafrica
- custodia
- afriprud
- continsure
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 8:17pm On Apr 08, 2018
Good evening investors, thank you so much for the wealth of knowledge deposited in this thread. I've been looking at these small cap companies and based on my research they have potentials. The pay dividends and they seem to be growing. I would like to get your thoughts on them as per investments? Your swift response shall be most appreciated. Thanks.

- Cap
- cutix
- ucap
- Learnafrica
- custodia
- afriprud
- continsure
Jobs/Vacancies / NESTOIL: 2018 Graduate Trainee Programme by DonDraper: 6:45pm On Jan 24, 2018
FROM NESTOIL

The Graduate Trainee Program will continue this year. The Program is a distinctive platform for recruiting fresh talents into the talent pool of the Obijackson’s workforce.

We are therefore looking to recruit graduates with first degree in Engineering across different fields and other professions such as:

Civil EngineeringPetroleum EngineeringElectrical EngineeringMechanical EngineeringSystem EngineeringChemical EngineeringProduction EngineeringMarine EngineeringMaterials and Metallurgical EngineeringOther disciplines (which include Human Resources, Finance, Marketing and Communications, Risk Management - HSE, QAQC, Control & Audit, Information Communications and Technology, Supply Chain etc.)


Please send us suitable CVs of young talents who graduated not more than 3 years ago with a minimum of second class lower(2.2).

Send CVs on or before 5pm on the 6th of February, 2018 to recruit@nestoilgroup.com. Subject of the email must be Graduate Trainee Program – Engineers (for Engineers only) or Graduate Trainee Program – Other Disciplines (for Non-Engineers only).

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