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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 2:07pm On Oct 28, 2025

Itzlinda:
What are some of these boring businesses?

Ceramics, pottery, glasses, aluminium foil, metallic cages, disposable plastics, tiles, cartons etc; I have seen them populating the Lagos-Ibadan expressway and Sagamu.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 12:35pm On Oct 28, 2025

mikeapollo:
My brother, congrats for what you have achieved. And I wish you more success and more gains in the NGX.
But let's stop being myopic in how we analyze public economic matters. The fact that you have made money under this govt does not mean majority of people or the masses are doing well under this govt. There are people who have made more than you have made, yet they are objective to acknowledge that majority are suffering under the policies of this govt.
Many people who had money have witnessed the value of their money eroded badly because of policies of this govt. The N250m is worth about $175k today; but it was worth about $500,000 before 2023!.

Your analogy is just like someone saying that Abacha's govt was generally very good because he made money or got contracts under the regime

You have made some points, but let us ask ourselves the question of why we are quick to use the dollar exchange rate when we see that there is some level of measurable progress. If he wanted to make dollars, would he invest in NGX? Evidently, no, he would have invested in the NYSE. So telling you that he made tangible profit in naira is valid and commensurate. While we are at it; are we now spending dollars in Nigeria? will he also convert the naira profit he made to dollars when he wants to buy land, buy houses, buy foodstuff, or pay for school fees and basic necessities? If he is paying naira, whose parity is far below that of the dollar, it is a gain for him.

10 Likes

Education › Re: SOS: ABUMBA Certificate Issues by perfectgen(op): 4:23pm On Jun 30, 2025

MissIndependent:
Greetings I just registered for a Program with ABU DLC and online reviews brought me to this thread. I applied for MIAD International Affairs and Diplomacy) I hope I am making the right choice?

Please how many Months/Years is their Master's?

Also after successful completion, are we going to do our convocation?

Also, what about the certificate collection?

Sorry for the too many questions. 🙂

Looking forward to seeing your Response. Thank you 🙏

Hello,
I believe that it's a good decision based on the program flexibility. It takes about 18 to 24 months; depending on how fast you complete your dissertation.
Yes, on completion, you are expected to be at your convocation in Zaria but it's not compulsory.
On certificate collection, just like most schools, you are expected to collect your certificate in person at Zaria, typically 6 months to 1 year after graduation, though some people stayed longer to collect theirs in my set.

Education › Re: SOS: ABUMBA Certificate Issues by perfectgen(op): 1:12pm On Jun 02, 2025

Ebubsbaba:
Hello,

I would like to know how long it takes now (after what your set experienced) to get the certificate and must we go to Zaria to collect it?

I have not heard much about the process recently but I know of someone who completed the program in 2022, and got the certificate within a year. She equally got it without going to Zaria but that was based on her personal arrangements.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 12:11pm On May 09, 2025

yMcy56:
I don't think you'll be qualified.
Also, check your CSCS statement to confirm if it's there.
If you see it in your CSCS statement, you can forward it to your broker to add it to your trading portfolio.

Thanks for the response; I appreciate.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 11:38pm On May 08, 2025

yMcy56:
UN-REIT
N5. 05k
Qualification Date: 9th May, 2025
Payment Date: 23rd May, 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/44077_UH_REAL_ESTATE_INVESTMENT_TRUST_(UHREIT)-UH_REIT_CORPORATE_ACTIONS_FOR_2024_FY_DISTRIBUTION_CORPORATE_ACTIONS_MAY_2025.pdf

Please, if I bought rights issues of Stanbic IBTC in February, am I entitled to the dividends just distributed?
Equally, it was stipulated that the rights issue will be credited within 15 working days after the close date. I am yet to see the right issue in my Stanbic IBTC account; is there anything that I need to do?

Thanks.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 2:51pm On May 08, 2025

Good Afternoon House. Please, if I bought rights issues of Stanbic IBTC in February, am I entitled to the dividends just distributed?
Equally, it was stipulated that the rights issue will be credited within 15 working days after the close date. I am yet to see the right issue in my Stanbic IBTC account; is there anything that I need to do?

Thanks.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 6:04am On Apr 19, 2025

Mpeace:
Do not be quick to condemn Ote. If history is anything to go by, we should just be patient with him until he gets enough units. I believe Ote has all it takes to transform not just fbnh, but the entire banking sector( in terms of pricing lol)
Go and look at what he has done everywhere he has been(including his short stay in transcorp)
Just know when to leave cos he always leaves and it always crashes once he cashes out.

Them dey use our eps build new headquarters

Same Otedola gave some of us serious haircut when he sold Forte Oil to Ardova; some of us started all the way from when he acquired AP. Till date, that's still one of the major losses I have faced.

Why will they claim to have made #18 as EPS and willing to give shareholders just 60k; something doesn't seem right.

Education › Re: Failed Out Of School Because Of Carelessness And Hardship by perfectgen(m): 7:08am On Mar 28, 2025

MacPeace452:
I don't really understand how this relates to my question, but shalom.

Firstly, I empathize with you and hope that you find it in your heart to make the best of the situation without losing hope.
I believe that what you mean by having lost your studentship is staying beyond the provisional years to complete your study. If this is so, go back to your school, ask for your unofficial transcript which will show all the courses you have taken and your grades. With your transcripts handy, find the nearest National Open University of Nigeria (NOUN) closest to you to see if they can offer you admission while factoring your gained credits from the university you attended before. You may have to start from 200L or 300L but it is something and surely more flexible.
Wishing you all the best.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 5:09am On Jan 22, 2025

KarlTom:
Small OandO news, gbas gbos don start.

When OandO officially announce am, we no go see road again...

But Oando too no try; Since November 2014, not 1 dime dividend, yet the Board keeps collecting large emoluments year in-year out and even spent on a jamboree last December. The fundamentals seem missing as it is evidently chaperoned by cowboys, but like it has been consistently pointed out here, decision to buy, keep or sell, is individual, we don't need all the gbas gbos because most people holding Oando stocks are long timers who have recorded gains already on the share price.

We are all just waiting for our waiting period to be worth the while.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 4:56am On Jan 22, 2025

ositadima1:
Here your billi no matter o, if u like be Elon Musk MD, you talk me go still talk, if you talk any how I go shun you join.

You talk until the cowboys and their barbers give you bololo, then you want to talk, but nothing comes out of your mouth.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 1:34pm On Jan 17, 2025

toyeoye:
Thanks for offering to help —your support is amazing! 🙌 Adding news manually to the website could create extra stress in managing updates and maintaining simplicity while automating news will add complexity to the platform. For now, sharing news via social media might be a better, more efficient option in my opinion.

What about adding projections using historical variables and maybe TA. It will help identify shares that could be bought and those that could be sold. If you can to some extent project stocks that buying them will increase shareholders values, you will draw traffic to the site, and ultimately increase the value, till you get an offer to expand the functionalities.

By the way, good work!!

2 Likes

Romance › Re: Relocated Back To The East Now I Am Regretting It. by perfectgen(m): 5:46am On Nov 12, 2024

Goodlyhrt:
I am just bored that's why I tried to push back and I don't need to prove to you whether I am Igbo or not. Just like someone randomly doubting if you exist. Like stupid ✌️

I really empathize with you. Firstly, avoid the tribal drama playing out here - just focus on getting yourself and business back on track. In my opinion, leaving Lagos for the East, while a good emotional decision because of your loss, but business wise, you should have thought of 2 things - sustainability of whatever business you will be doing in the East and patronage
Your business in Lagos did not pick up one day and you equally didn't build your patronage in one day. Someone who has been doing business in the East has a better chance of sustainability and patronage than you hence will be better suited for the place. Your trying to pick up paid employment is obviously for you to meet up with your bills, but considering that you have been on the other end - earning money yourself without working for someone, the chances are that you won't be satisfied with whatever you earn as salary, except you get a very good job.

Now you have to decide on if you want to continue earning salary in your present work place, save up the money, start your business by the sides, in the East and weather the storm or return to Lagos, try to get a good job, save up money and leverage your former clientele to build up your business once again.

Wherever you choose to be, you will face some challenges, prepare mitigations for them, stay focused and hope for the best.

Education › Re: Help Me Solve This Please by perfectgen(m): 6:25am On Oct 15, 2024

Malcolm21:
Quantitative reasoning

Examples:
(4x2) + 2 = 10
(6x2) + 3 = 15
(5x2) - 2 = 8

15. (a x 2) + 6 = 16
a = (16-6)/2 = 5
(c)

15. (a x 2) + 6 = 16
a = (16-6)/2 = 5
(c)

16. (8 x 2) + 8 = 16 + 8
= 24
(A)

17. (a x 2) - 3 = 9
a = (9+3)/2 = 6
(B)

18. (4 x 2) + 3 = 8+3
=11
(A)

19. (9 x 2) - a = 13
a = (18 -13 = 5
(E)

2 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 2:24am On Oct 12, 2024

megawealth01:
💯

Hope the government will equally pay us rebates too when we make losses on stocks too; it should be a two way window.

Another thing is the tax on profits made from stocks is double taxation; the companies that made the profits were already taxed before paying dividends. As shareholders, we are part owners of the company, and our money was used to generate their earnings. If the government won't pay any part of the company's liabilities when it goes bankrupt, nor going to compensate us, why ask us to pay taxes on earnings that had already been taxed?

9 Likes

Education › Re: How To Find The Square Root Of Non Perfect Numbers In 30secs by perfectgen(m): 5:28am On Oct 11, 2024

Professorola123:

https://www.youtube.com/watch?v=TgEiEDn40F0?si=ikSfJVn_BzLZh_Tl
Kindly watch,like , share and subscribe for more!!!

Nice work. However, I observed that you are using imperfect numbers that are just 1 value higher than a perfect square. 10 = 3² +1; 26 = 5²+1.

Let's try your method with say 12
√12 = 3¾ = 3+0.75 = 3.75
If you subtract 0.01 from it, you will have 3.65 which is not correct since √12 = 3.464.

Note: you need to state under what conditions your hypothesis stays valid.

1 Like

Food › Re: Fishes I Bought In Today's Market :check Out The Prices by perfectgen(m): 7:13am On Oct 10, 2024

femi4:
What allowances? How many people are receiving the minimum wage in Nigeria. Even corp members were not paid last month. Don't deceive yourself, he's doing better than an average Nigerian, fuel price isn't stable in Nigeria. Those with cars can't drive, those driving are driving on a bad road. No tap water, power is irregular and unaffordable.

He goes home with nothing less than £2000 after tax in a month and can conveniently save £500 each month. Not considering those doing 2 jobs in this analysis

Mind you, that's African fish imported into the UK. Their home grown food and fruits are cheaper.

He is surely doing better than the average Nigerian on minimum wage like him but from his earnings, you didnt ask him about taxes. On £12 per hour and 10 hour work, he makes £120 per day. For even a 5 day work week, that is £600 per week. For a 4 week month, he earns £2400 per month and in 12 months, he earns £28,800 in a year.

On that amount, he pays 20% income tax, outside other taxes such as insurance, health, municipal, but let's stay with income tax; 20% is £5760.

Then, let us talk about rent, If he stays anywhere around London where accomodation is expensive, a studio apartment - what we call bedsitter here, is around £1000/1200 monthly in safe locations, if we go with the lower rent, annually he pays £12,000

Then utility bills will come in; power, internet, and maybe small groceries. Let's just put £150 on that per month, that's £1800 annually.

Now to the issue of transport and feeding, give or take, if he manages well, £200 should cover that monthly, implying that in one year, he would have spent £2400 on transport and food.

So what do we have left, outside other important necessities.
We have £28,800 - (£5760+£12,000+£1800+£2400) = £6840.

That's probably the highest he would save after a year's work if he us being very frugal. Unfortunately, that money can barely sustain him for 6 months if he is out of a work, in the UK where you rarely find anyone to aid or assist you, unlike here in Nigeria.

While he would obviously have a better sense of living in the UK than in Nigeria, he may end up frustrated after 2 to 3 years of staying within the same economic situation, which is not any different from what he ran away from.

Education › Re: SOS: ABUMBA Certificate Issues by perfectgen(op): 1:46am On Sep 30, 2024

George50:
Please, is Distance Learning center 'DLC' written on the certificate, or is it the same as the one issued to on-campus students? I just applied for a Master's in Information Management but am feeling skeptical about proceeding after seeing the admission letter.

It is the regular certificate; no DLC on it

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 4:12pm On Sep 02, 2024

Streetinvestor2:
The only bad I did is I decided to share information I got from someone here.who I had equally shared information on japaul from him here long ago.I never said buy hold or sell oando. I said he said I should not worry that oando will do 100 and I refused to mention the second figure so that it does not look I am marking oando.
And the only reason he gave me was because of the strong political will in support.
Infact he mentioned the kind amount I could not believe chasing oando. And because I want to be 100 % immune. I said I will pull out all money I did put in the gamble which is not even big.And if you go back in my early days in oando. I mentioned the amount and said it is what I can afford to loss if wale decided to delist at #7 plus and later increase it when I went for second batch.

I have integrity.And for my friend who want to bet.I will share all my oando dealings when I go and get the remaining print out to date here.If you have another request do make it

I suspect the second figure is 176; those using Data science predictive modelling are showing 176, but this is dependent on if all things continue being equal. If anything changes today, great will be the fall of Humpty Dumpty, but if nothing happens, even 176km cannot hold Oando down.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 3:21pm On Aug 30, 2024

godlyguy:
Not possible. It will still trade at its fair value of #16

Be wise

I was told similar things sir about Seplat; that it will surely drop, when Nestle was far more appealing than Seplat. Today I feel that I should have gone with my gut feeling on Seplat even though just like Oando, things happening seem like abracadabra. For Oando, I already have sufficient units from the days of 3.20 - 5.40 hence no matter how much it falls, I can't run at a loss so I will weather the storm.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 2:02pm On Aug 30, 2024

ositadima1:
They could do that, but they haven't done it yet. And why didn't they do that for the Agip acquisition? Will Mr. Tanimu Yakubu and the two other entities that own over 73% of Oando agree to that?

At the time of the Agip acquisition, they didnt have the luxury of high share price and demand like this. They would have had to release higher number of units of the shares to raise the funds; it is technically cheaper then to get a loan from a bank than today that the share price is moving closer to #100 and adding that asset to the company's holding will make it more formidable.

I hope that they don't buy any of the refineries; I feel Tony Elumelu Heirs Oil will do better than them in the refineries, but if they choose to acquire it, funding won't be as much of a problem to them as you imagined.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 1:40pm On Aug 30, 2024

ositadima1:
Oando is already heavily indebted. For the purchase of Agip, they only placed about 10% or less in equity; the rest is debt. Even if they get the refineries for free, they will still have to spend millions of dollars they currently don't have. It's better not to commit to too many things. They should pay off the humongous debts first before pursuing other money sinks.

In my opinion, it will not be a good idea. There is only so much that family ties can do before others start protesting.

What if they use this high share price rally to raise funds through a preferential offer to acquire and revamp the refinery, do you think that they won't still be able to achieve the purported objectives?

1 Like

Romance › Re: Juggernaut Theory: Why Ugly Girls Have Huge Egos. A Thread. by perfectgen(m): 3:34am On Jul 28, 2024

speedy0420:
There's more to this but I'll drop the pen here.
If you have anything to add, drop a comment and I'll reply
Ciao!

Nice exposition and narrative; I however wish to point to an underlying assumption in your theory; the number of "below the barrel ladies" must be significantly low with the number of average guys aiming for them significantly higher for the "below the barrel ladies" to keep getting wooed by the guys. However, that's not the reality; the global male-to-female percentages show that there are approximately 101 males to 100 females in the world. For every 3 guys going for a "below-the-barrel" lady, almost 2 ladies are left without a suitor. In a bid to compete, some of them will attract the average guys and things will balance up. I see this theory as only plausible if there are higher male-to-female population.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 7:16pm On Mar 07, 2024

yMcy56:
Sorry, it's somehow difficult to answer but if you're for long term, you can buy some....
Its still on full bid even today...

Thanks ma. It is for long term; I have been bidding without seeing to buy though

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 5:09pm On Mar 06, 2024

yMcy56:
Direct question, after doing all due diligence, is it advisable to enter Transpower now or wait for things to stabilise first, at which point it can either go up and down. But comparing the price with other power stocks, what do you advise.

I will never hold you accountable for my decision

He didn't run!!
His bid was there and part of it filled.
Once part of it were filled, the bid went to the last on queue but still the first getting filled. About 57million was still left when I stopped checking it.
Quite a lot of Cross Deals in-between that didn't reach him self.......one 3.5m single crossing was made in between...

I even wanted to come and post when some were filled, that it means the bids were real!!

You for put this post in form of question to avoid misguiding.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 5:46am On Jan 30, 2024

megawealth01:
So true... Wale, Otedola and Jegede same WhatsApp group

Not many know how to play their games

Add Jimoh Ibrahim, the famous barber of even those carrying Afro

3 Likes

Business › Re: Chevron Nigeria Appoints Jim Swartz As New MD by perfectgen(m): 10:57am On Jan 14, 2024

SocialJustice:
No mind am. E fit no know wetin blue badge even mean or even pass to enter yard.

But if he be blue, green or even white badge, the company's non disclosure ethics may not allow him to disclose the information. Nairaland is said to be faceless but some information are still best kept private.

Education › Re: SOS: ABUMBA Certificate Issues by perfectgen(op): 3:46pm On Dec 30, 2023

successfem:
@perfectGen thanks for the update but I tried to read in between lines based on your submission of a seamless process with ABU? I don't know what to believe now cos it is same you that said the school is frustrating: the school fee structure to the incompetent situations you encounter with certificates and endless fee you pay...you are now advising us to join based on Nigerian standards not even based on African standard. You already know that Nigerian standard is nothing to write home about when it comes to education. The hype and marketing of ABU mba seems not to be real except proven otherwise... Application fee paid by a friend was not acknowledged on her profile... I hope 10300 never enter voice mail.? I was told certificate collection is physically Collected will travel from Lagos to Zaria to collect it when through with program?

That post was more than 3 years ago. We were part of the first set hence used as lab rats. They program conduct has improved over the years and those who joined after us benefited from those complaints we raised then.
When I meant Nigerian standard, I was being factual as it is not as effective as the MBAs of Harvard, Oxford, MIT etc. However, comparatively with MBAs in Africa, it should get a pass mark.

1 Like

Romance › Re: See What Happened When I Ran Into This Beautiful Girl Today(pics) by perfectgen(m): 1:35pm On Dec 03, 2023

Don't take this like a reprimand; I am actually rooting for you because I think you want to make it big in music. I, however, have to be sincere with you, Nigerian music has gone beyond this. Try and see those doing well in the industry today, they have good beats and, sometimes, good lines. Most develop danceable beats or party jams while others have very affable lyrics. All these are missing in what I just watched. I feel that you need to do more homework, get better beats, and work on the lyrics, and someday, you will blow. Wishing you all the best.

Iamdbull:
So I ran into this beautiful babe at the mall today. So I approached to talk to her then something came through my mind.

Here it goes

"Met a lot of girls I felt were the ones
Feeling the same with you but I might be wrong
Tired and fed up of getting disappointed
Something always goes wrong with the girls I wanted"

See the video below if you can relate

https://www.youtube.com/watch?v=wFW_pETo8LU?si=8n4VB7wFFB9OBdMr

Education › Re: SOS: ABUMBA Certificate Issues by perfectgen(op): 8:48am On Nov 29, 2023

Saladdin:
Hello sir @Perfectgen, has the issue of your certificate been addressed? Based on your overall experience now, can you advise new students to take the programe?

yes, I have been able to get my certificate and the school has fastened the process of certificate collection. The program has gone through commendable restructuring and is more or less seamless now. By Nigerian standards, it is worth the experience so if you are interested in it, go ahead.

5 Likes

Jobs/Vacancies › Re: Graduate IT Engineers' Vacancy by perfectgen(op): 2:32pm On Jul 07, 2023

sundayoga:
Kindly edit this parts on the form

Sorry about that; the error has been corrected.

Jobs/Vacancies › Re: Graduate IT Engineers' Vacancy by perfectgen(op): 12:57pm On Jul 06, 2023

perfectgen:
A client in the ICT industry is interested in engaging young graduates for the post of IT Engineers in its Abuja and Lagos operations. The IT Engineers will be trained on the job to allow them to meet up with the requirements of their job responsibilities.

100 IT Engineers are to be recruited for the post within a one-week period; this advert closes on 11th July, 2023. The monthly pay for IT Engineers is 200,000 NGN. If interested in the position, apply on https:///sZf78EDJegSU3gPEA

Note: This present position is applicable to only those resident in Lagos and Abuja.

5 more days to go

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