₦airaland Forum

emmanuelewumi:
Please quote your source.


Below are the stock prices of Seplat in February 2026 and February 2016

Why I'm feeling depressed that I wasted my time in crypto instead of here

awesomeJ:
My highest single day NGX earnings so far:

- N2.66m
- comes to about $2000 for 5 hours of work
-comes to around $1m annualized pre tax earnings.
- over 3 years of minimum wage in a single day
- gotten with a portfolio below N50m
- about 56% are already realized

- more than my monthly earnings in October and November last year when market was slow

- more than my earnings for the whole of Q1 2025

God is awesome 😎

You have hacked this thing called day trading.

Is this something one can learn or na money printing loophole you found on ngx.

Congratulations brotherly

Agbalowomeri:
I want dollar below 800

You are too ambitious, chairman.

awesomeJ:
Index now pushing 174k.
One thing I see is that even when my projections seem not to materialize, they only just delay by a bit 😁

With average number of deals now being at 50k, I thought my 1% participation must have significantly gone down.

But thanks to X-Alert restoration.

I am able to see that total deals for the session were 65,960 out of which I was responsible for
767 trades!!!

767 trades in a single day without using a super computer

At this point, even I do not understand how it's even possible 😁😁😁

This means there's a 1.2 % chance that every retail, institutional and foreign investor that traded in this market today either sold to me or bought from me, that's super awesome.

When I already traded about N30m within the first 30 minutes, I knew the day's numbers would be impressive.

Value for me was N40.45m compared to N27.915b for the broad market.
That too is a significant 0.1% to 1.d.p

I'm still shocked at the possibility of almost 800 trades in one day, thank God! 😁😁😁


Long term goal is 1% of the market!

Drop update now Boss. We will like to learn from you.

YESpParticipant:
That means you don load your moon bag during yesterday's market crash abi?

I only bought small sadly. I'll sell around 70-75k.

I expect the price to go lower than 60k towards year end

megawealth01:
Bid keh? What of it goes to 15k?

Lol it won't.

So what's the plan 🤣🤣

SaintUlot:
Ballzproblem2 that use to give us hope during period like this decided to abandon us when he is most needed.

You never told us that alt that have historically outperform btc durably? 😅😂

seunmsg:
Never say never in crypto.

It would be a black swan event and would take several years for crypto to recover if it drops to 20k.

Only two people people viewing this thread.

People have literally left crypto.

Would crypto ever come back?

megawealth01:
This year?

Yes. Wait for the low bottom signal around may or October.
Spx will likely top and get a 10-20% correction.

megawealth01:
If BTC gets to 20k omo I will sell 50% of my assets and move them to BTC for long

Btc will never drop to 20k. Start bidding around 55-60k

SaintUlot:
That’s a big fat lie, any other one apart from btc will give you an higher profit, in few days to a month, you can see x20, x100 of your capital, especially all those new altcoins with enough social media hype and large community following. Those ones do not even care about btc movement, btc ll be dumping hard and they ll be pumping and you will start wondering why they are pumping, yours is just to time your entry and exit, no emotional attachment.

What you can say is that with big reward comes with big risk. Btc can't be attractive to people with little capital. That's why some people can never stop trading meme for anything, because what btc ll give them in four years, they can make it in two hours. It's all about looking at the risk to reward ratio.

If you are interested in making money, then crypto perpetual futures and meme trading should be your best bet. In futures nothing concern you with market is dumping or pumping, if it dumps, it's to your own advantage, if it pumps, it is still to your own advantage, the profit you suppose to make in 4 years, you can make it in 15 minutes in futures, but risk management is key.

Please this your statement is misleading and false. It's all based on individual's risks tolerance and reward appetite.

Please chart your favourite altcoins against btc and see how it fares. Lets see if it outperform btc or btc out perform it. Thank you

armadeo:
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol

Because anything other than btc is a bad investment in crypto.

iLegendd:
Don't forget, in a bull market, there is a particular day BTC will pump 25% in one day. Also, the same thing happens in all bear markets — there is a day it'll dump 25% within 24 hours.

We should always prepare for this day in both bull and bear. Don't be caught off guard even though we don't always know the exact day.

This is how it happens. It'll move 5% and rests for an hour and you'll think it's over, then it moves 7% and people will start entering counter trades hoping for a reversal and I'll immediately move 12% to trap them.

They'll add to their positions as they panic and boom, it'll be at 20%. Most must've been liquidated by now. It'll consolidated at 18-20% for new traders to jump in and finally, it dumps to -25% or +25%, depending on the direction. At this point, most will be frustrated and jump out of trade. This is when the reversal happens.

As I said, this happens in every single bull and bear market, so prepare for it.

Black Swan is -50% dump or more, in a bull market in 1-7 days.

Btc is more matured asset class now. I doubt we'll ever have 50% drop again.

The time to make big money in crypto was pee 2017. I doubt if we'll ever have 7x in btc in 4 years again.

daharry:
I’ve made a checklist..
After the bull run, I won’t listen to crypto goats like Ben Cowen anymore..
The way he switched from crypto to metals..
And I’m sure he says the bull market is over.. (50WMA) bro..
Pay attention to the markets, try to read sentiment now, the short callers are getting loud, and overconfident, when has the market ever rewarded the majority 🥲..
I still believe a new ATH for crypto in early March and a top for alts in late March/April..
I accept the slanders but I’m going to stand by my conviction..
NFA.. but who would take a financial advice from a noob anyway😂

🤡

seanwilliam:
And It will be extremely brutal this time around .
Every body go learn nah.
Me I don learn mine.

You were opposing me few months back that altcoins are good investment. Happy to see that all of us have now seen that altcoins are just casino.

My altcoin portfolio is down 80%. Never again!

Whichever way one looks at it, no Nigerian president since Yar’Adua has shown as much commitment and concern for tertiary education as President Tinubu.
Beyond the 40% salary increase, it is particularly reassuring to hear that professors will now retire with 100% of their salaries as pension. That is a significant step in restoring dignity to the academic profession.
Equally important is the launch of NELFUND, a bold intervention that tackles one of the biggest barriers to tertiary education—access. By easing the financial burden on students and families, NELFUND strengthens the foundation of our universities from the bottom up.

While some argue that these measures are still insufficient when weighed against rising inflation, it is worth noting that if the two previous administrations had shown similar commitment, the sector would be in a far better position today.
In my view, President Tinubu has genuinely tried. He could easily have followed the path of his predecessors and done nothing—but he chose otherwise. I pray that he continues to consolidate on this positive trajectory.
May Allah assist the President in salvaging our tertiary institutions, which remain the bedrock of national development. Ameen.
Thank you, Maigari

franknero1:
What do you think about the comment from reddit?


Do NOT buy the Dangote Refinery stock immediately on the first day.

Wait 2–6 months before entering.


WHY YOU SHOULD NOT BUY IMMEDIATELY (IMPORTANT)

1. ⁠New stocks often launch at a high price

When a big company like Dangote lists, demand is very high:

• ⁠hype
• ⁠media attention
• ⁠institutional buying
• ⁠excitement from retail investors

This pushes the price up too high in the first days or weeks.

After the hype ends → the price usually drops.

2. Early investors normally take profit

Banks, institutions and insiders who got early allocation often sell some shares after listing.

This causes the price to fall.

3. Better buying opportunities come later

Historically, Nigerian IPOs behave like this:

Day 1–14 → price rises (hype)
Month 1–3 → price stabilises
Month 3–6 → price pulls back
After 6 months → strong buying opportunity

This happened with:

• ⁠MTN Nigeria
• ⁠Seplat
• ⁠Flour Mills
• ⁠Airtel Africa
• ⁠Dangote Cement (old listing behaviour)

THE BEST STRATEGY FOR YOU

Wait 2–6 months before buying.

You will get:

• ⁠better price
• ⁠less hype
• ⁠more clarity on refinery operations
• ⁠more stable market conditions

During this waiting period you will see:

• ⁠actual revenue
• ⁠performance
• ⁠crude supply stability
• ⁠production output
• ⁠profit margins

Then you invest with confidence.

It is true. It is risky buying stock without any historical price action.

The early investors would definitely cash out if the price pumped.

erico2k2:
Hmmm I have bought T shirt from them with much higher quality materials than what I get on eBay and some High street brands.

May be I didn't check the review well. It was my first time

Ogbujaja:
I think its the buyer's fault that he doesn't go through the details of what he is ordering. There are always dimensions to their products. Even though the picture may be magnified, but the dimensions remain accurate to the product size in question.

No their product are inferior quality. I bought polo shirt from there for 11k. The quality is very poor.

I used to think it was people's fault. Now I understood the Chinese sellers there are just dubious.

Mrchippychappy:
Man wey dey show Fulani Shege. I too love this man. If he does Seminar on Leadership, I go help Tinubu buy ticket to attend

Jihadist de deal with the werey

OpenHeaven2019:
So this is the beginning of a bull run.

I know everyone would agree with now because of greens everywhere, but make no mistakes they would be heavy corrections.

Below image is the TA outlook for the next bull market for ETH.

The current price is $1890.
Targets are $4868, $7334, $8874, $11,364, 12k to $14.5k.

They are some kinds of people, who would see this now and buy ETH for long term, those who would wait for 14k and buy it for long term and those who be watching as ETH becomes 14k and say ETH is too expensive.

I don't know if i would be posting a lot here, but if you want to make money in this next bull market start building your portfolio.

This is not just about ETH alone, i only used it as an example. If ETH would run this hard then imagine what would happen with ALTS

Don't start buying when we are taking profits.

Selah.

Quoting ths to remind us all that no one knows shit about this market.

We are all gambling

Geregu power was acquired by senator Abdul-Aziz Yari a former two times governor of Zamfara state.

Omo I been wan type something but I de fear make them no come pick me.

But Nigeria is a crime scene men. 😂

LordAdam16:
coward

it is very clear that many of you started following developments in the middle east after oct 7
if you are ignorant, read to acquire knowledge

no axis of resistance paramilitary group is a terrorist organization
hamas is asking for a state of palestine that 160 countries have recognized
hez defends lebanon's sovereignty against an expansionist genocidal state pursuing plans of a greater israel
the houthis are the legitimate government of yemen
the PMF in iraq are part of the security architecture of the country. they receive salaries from the government

when isis was burning christians and yazidis alive in syria and iraq, where was israel?
why did they refuse to formally join the coalition against isis?
do you know who took up arms on the ground against isis?
yes, those tErRoRiStS that your 🤡 ass has been propagandized against
today, the christians and minorities have nothing to fear from the shia-dominated government and paramilitary groups in iraq

we know the terrorists that were murdering christian minorities in the levant
one of them is now the autocrat of syria helped there by your darling satanyahu and his $10m bounty erased by the saintly americans
meanwhile the so-called terrorist hezbollah is in a government coalition with christians in lebanon
while your reformed terrorist in syria spent his first few weeks murdering thousands of shiites and christians

i am an agnostic
i have zero apprehension about the shia crescent militias
they're doing well standing up to that collection of genocidal warts

i cheered when hez and the PMF eliminated the wahabbi scum in syria and iraq
of course i will cheer while the us eliminates the wahabbi scum in nigeria
i don't care who does the killing as long as they go meet their virgins

-Lord

Lord what do you think about this post by davidhundeyin?


Not that this will accomplish anything, since you people hit the "off" switch inside your brains once your religion is mentioned, but for the benefit of the roughly 9 teachable people left in Nigerja, here is what is REALLY happening around you:

1. China is winning the economic war with the US, and the US is aware that it can no longer compete industrially with China, which is already a larger economy than the US in PPP terms. The only reason the US economy is still nominally larger is that the US dollar remains wildly overvalued due to its use as the global reserve currency.

2. The rise of BRICS means that the end of the US dollar as global reserve currency is coming. Once that happens, the US economy will implode, because it is built on exporting USD and importing the world's productivity. Without the overvalued USD as an imperial tool for controlling and extracting from the rest of the planet, the US will basically become Brazil with nuclear warheads.

3. The Trump administration knows this, which is why it has gone into full imperial mode, renaming the DoD to "Department of War," and preparing to deploy the US military across Latin America as part of its 'Monroe Doctrine.' The idea is to secure land, resources, and spheres of influence to compete with China and Russia, since it is no longer the unilateral superpower.

4. In this new multipolar world whose birth you are witnessing, there will be 3 or 4 great powers instead of just one, and all of them will compete and jostle for influence and access to resources. That is what you are witnessing playing out in Nepal, Bangladesh, the Sahel, the Middle East, Venezuela, and many other places. Yes, there are local factors, but everything exists in this wider context of a world being reshaped in front of our eyes.

5. During this reshaping of the world, Africa - the only continent with a majority of its states professing 'nonalignment' with any great power - is the biggest prize that is up for grabs. All of tomorrow's technology, which guarantees economic and military supremacy is built on resources found in DR Congo, Northern Nigeria, Mali, Niger, Burkina Faso, Chad, Sudan and Somalia. (What unique security situation do all these places have in common?)

6.During this reshaping, "international institutions" are debased and made irrelevant. Bibi Netanyahu has an ICC arrest warrant that nobody will honour, and the US government sanctioned the ICC for issuing the warrant, even locking the ICC Chief Prosecutor out of his email and bank accounts. The UN has officially declared Gaza to be a genocide - and nothing happened. And nothing will happen because these "institutions" no longer have of the teeth they once pretended to have.

7. This means that the days of one state cooking up a reason to invade or annex another state - something expressly forbidden since 1945 - are now back. And since Africa has what everybody wants, any great power is now free to deploy a geopolitical meme ("Christian Genocide in Nigeria" and use it to justify invasion to take what it wants. In other words, colonialism is coming back - not IMF/World Bank, suit-wearing, conference-attending, Business-English-speaking, polite neo-colonialism, but open, obvious colonial theft and thuggery. This is not decades away - it is a few years away at the most.

8. Russia considers Europe to be its rightful sphere of influence and trade dominance. Hence it views European access to cheap African resources as a threat. Thus Russia is stepping in to provide military and infrastructure support for African states so that they can start to use their own resources for themselves and leave Europe dependent on Russia. Europe and the US see this as an existential threat, hence their proxy war in Ukraine and their new geopolitical meme ("Christian Genocide in Nigeria" to justify direct military occupation of West Africa.

9. No great power gives a single Bleep about "Nigerian Christian genocide." All you are is a means to an end!

- David Hundeyin

emmanuelewumi:
Decided to share this.

All the best in our investment journey in 2026 and beyond

One of my mentors said investing should be boring not fun.

Tinubu’s tax tsar Taiwo Oyedele lied, Section 61 of new law allows FIRS to seize Nigerians’ money, properties without court order
Abiodun Sanusi • December 26, 2025
Taiwo Oyedele and Tax act
Taiwo Oyedele and Tax act
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has been caught in a web of lies concerning the new tax law that empowers the Federal Inland Revenue Service (FIRS) to seize funds, confiscate and sell assets and properties belonging to Nigerians whom the FIRS finds to have run afoul of tax laws.

Mr Oyedele, who spoke on Arise TV on the morning of Wednesday, 24 December, denied the content of Sections 61 and 43 of the controversial tax law recently passed by the National Assembly and assented to by President Bola Tinubu.

Checks by Peoples Gazette show that the tax tsar misled the public on national television, falsely claiming that the FIRS must secure a court order before enforcing the seizure of citizens’ assets and funds held in bank accounts if they’re found wanting.

“It has to go through stages of the court to finally establish that that tax is indeed due and payable, before you can now say ‘I gave you notice to pay within 30 days, but you refused, I’ll write to banks, (sic) do you have this guy’s account, and does he have money inside? So, that process and that provision is in the current law,” Mr Oyedele claimed.

Mr Oyedele’s statement contradicts the provisions of Section 61, which explicitly grants the FIRS the power to seize and sell citizens’ assets without first obtaining a court order.

According to Section 61, which centres on the power to distrain, the law states:

“Where an assessment has become final and conclusive and a demand notice has been served on a person or company, or on the person or company in whose name that person is chargeable and the payment of the tax is not made within the time specified by the demand notice, the relevant tax authority may in the prescribed form, for the purpose of enforcing payment of the tax due – (1) (a) distrain that person or corporate body by their goods, chattels, bonds or other securities; or (b) distrain any land, premises, place or any asset in respect of which that person or corporate body is the owner, and recover the amount of tax due by sale of anything so distrained.

“(2) The authority to distrain under this section shall be in the form contained in the Third Schedule to this Act and such authority shall be sufficient warrant and authority to levy by distrain the amount of any tax due.”

Section 61(3) further empowers duly authorised FIRS officers, with police assistance if required, to break open properties in the daytime and seize assets:

“For the purpose of levying any distrain under this section, any officer duly authorised by the relevant tax authority may execute any warrant of distrain, and if necessary, break open any building or place in the daytime for the purpose of levying such distrain, and the relevant tax authority may call for police assistance and the police shall, when so required, aid and assist in the execution of any warrant of distrain and in levying the distrain.”

The law further states in Section 61(4) that assets may be kept for 14 days and thereafter sold without a High Court order:

“Assets distrained by the Service under this section may, at the cost of that person or corporate body, be kept for 14 days and at the end of that time, if the amount due in respect of the tax, cost and charges incidental to the distrain are not paid, they may, subject to subsection (7), be sold without an order of the High Court.”

Sections 61(5–7) outline how proceeds from such sales are to be applied, including refunds of any balance within 90 days.

Although the law notes in Section 61(8–9) that immovable property (such as houses) can only be sold with a High Court order, the statute still permits seizure without court approval and grants owners only 14 days to file objections or appeals.

“(9) In exercise of the powers of distrain conferred by this section, the person to whom the authority is granted under subsection (3) may distrain all assets, goods, chattels and effects belonging to the debtor wherever the same may be found,”

“(10) This provision shall also apply in the case of recovery relating to tax evasion and proceeds of crime where the offender cannot be found.”

During the broadcast, Arise TV presenter Rufai Oseni challenged Mr Oyedele on the matter. Responding, the tax tsar said: “Before they get to that point, it is a very elaborate process. You will not go through that process to collect N1 million tax, it is not worthwhile; which means the people they’re trying to create the fear in their hearts are not going to ever have to worry about this provision.”

The Gazette reviewed the law and found that the FIRS will commence the confiscation and sale of assets belonging to Nigerians deemed culpable of breaching tax laws from January 2026.

Section 43, titled “Assessments to be final and conclusive,” provides the statutory basis for FIRS recovery of unpaid taxes once an assessment is determined as final. The section states in part:

“Where the full amount of tax in respect of any final and conclusive assessment is not paid within the period prescribed in this Act, the provisions relating to the recovery of tax and to any penalty under Sections 65 and 67 of this Act shall apply to the collection and recovery.”

Messrs Tinubu and Oyedele have faced sustained criticism from citizens and analysts, who argue that the new tax law was passed and assented to as a tool to extract revenue from Nigerians, many of whom live below the poverty line.

Mr Oyedele did not respond to enquiries from The Gazette seeking clarification on Sections 61 and 43 after screenshots were shared with him via WhatsApp on Wednesday. As of press time, he had yet to issue a response.

https://gazettengr.com/tinubus-tax-tsar-taiwo-oyedele-lied-section-61-of-new-law-allows-firs-to-seize-nigerians-money-properties-without-court-order/

Afriifa:
The man had always been a terrorist and an Islamist. Believe me, the average northern Muslim man from Professor down to aboki shares this forceful Islamisation agenda

It was his father not him. Though I don't believe the headline

Metrofox:
you keep voting illiterates across boards and you wonder why they say Nigerians have low IQ

Tinubu is not illiterate

God punish Buhari he made this charge and bail lawyer so influential that he's one of the richest the country

Orlandoo:
Just a charge and bail lawyer in the street of Kebbi, before Buhari made him an attorney general of the federation, even though he doesn't deserve it. But today, Malami is one of the richest person in Nigeria. Just to tell you the level of rot that happened under the discredited and disgraced Buhari regime. I wonder why they haven't arrested the former recharge card seller Tunde Sabiu or whatever.

I used to love Buhari. But I curse him now.

We have seen the downside of voting illiterate into power.

May God forgive him sha

helinues:
Good. You can now go to court with this details.

Hope you people also have the original copy of both Real Tax law and the modified one

The graphics above is just assumption. Original copy of the 2 will be needed to win your case in court.

All the best in doing that though

So you agree with the gazetted version that firs should deep into your account and take money without court process?