₦airaland Forum

PETERiCHY:
Good morning Sir,

I thought you said CGT is Good for you and your fellow LONG TERM BAG HOLDERS while it will make we BARGAIN HUNTERS leave the MARKET.

For your information CGT is actually a BLESSING in DISGUISE for SMART TRADERS & BARGAIN HUNTERS.

BARGAIN HUNTERS will actually leave the Market for LONG TERM BAG HOLDERS and COMEBACK CHERRY PICK at BARGAIN PRICES after they have SUCCEEDED in SCATTERING the NGX with their yeye CGT
policy


BARGAIN HUNTERS TAKE NOTE!

We made the above comment back in September when we were packing our KAYA from the market because of CGT and funny enough someone said it will only affect JiJo and not long term .

and I told the person body go soon tell am now what is happening

Some of us have spent over 2decade in this and you need to be very smart with every piece of information else you gonna learn the hard way.

BARGAIN HUNTERS TAKE NOTE!

Streetinvestor2:
Try and be checking ur BP because of JP....lol

Don't WORRY when ASI drops to 50k and USD hit #2500 we will know whose BP is high or low

CASH is KING 👑

NAIRA is a POSITION while USD is a better POSITION

BARGAIN HUNTERS TAKE NOTE!

Agbalowomeri:
Una go average down tire

Please check on Loco
JAPAUL life matters

Even THOSE of you HOLDING Naira is on a very long thing USD will soon hot #2500 VENEZUELA loading........!


BARGAIN HUNTERS TAKE NOTE!

Dark is coming!
Dark is coming!!
Dark is finally here!!!

US military is about to INVADE Nigeria and some are here arguing about KPAKUS, OANDO and CURSES as if ARGUMENTS will pay their bills, instead of carrying their KAYA before the INVASIVE

Afterwards we cherry pick from ground zero...

CASH is KING 👑

BARGAIN HUNTERS TAKE NOTE!

Meanwhile NSEMPA mode rightnow

Raider76:
Oando

We have in this GAME for over 2 DECADE and we clearly stated that OANDO & ACCESS are only good for JiJO..

I was BORN and BRED in LAGOS ISLAND around TINUBU SQUARE to be precise and the ADEWALE I know will device all means to circumvent OANDO shareholders till they go PRIVATE..

Know this and know peace ✌️

BARGAIN HUNTERS TAKE NOTE!

In stock market business the

(No 1) rule is DON'T LOSE MONEY.

(No 2) rule is Don't forget rule No 1.


Meanwhile EDUCO and his fundamental stocks right now

BARGAIN HUNTERS TAKE NOTE!

EDUECO:
Intelligent investors rebalancing their banking stocks portfolio.

For the now , ACCESSCORP is the cheapest and most valuable banking stocks!

If we (BARGAIN HUNTERS) make PROFIT and sell to REPURCHASE at LOWER price they called it (JIJO) but when the so called (LONG-TERM HOLDERS) CUT their LOSSES due to OVERHEAT they called it (PORTFOLIO REBALANCING)

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
ACCESSBK Value Zone is @t circa #15 else whatever you see you take,

Meanwhile ACCESSBK shell-holders rightnow

BARGAIN HUNTERS TAKE NOTE!

Opportunity for those trapped in ACCESSBK to bail out @t #22.80 after this grace period their next port of call is #20 junction..

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Access and Fidelity won't pay more than 10kobo.

Meanwhile ECO & CO rightnow

BARGAIN HUNTERS TAKE NOTE!

ACCESSBK Value Zone is @t circa #15 else whatever you see you take,

Meanwhile ACCESSBK shell-holders rightnow

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
We have said this several times times ACCESSCORP and OANDO are simply good for JIJO, Know this and know peace.


BARGAIN HUNTERS TAKE NOTE!

Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

We have said this several times times ACCESSCORP and OANDO are simply good for JIJO, Know this and know peace.


BARGAIN HUNTERS TAKE NOTE!

Streetinvestor2:
Make e just reach #30 make I sell the remaining and use the money for my presco RI

Why not average down on your so called Blue-Chip Stock OANDO @t #42

While SMART TRADERS patiently WAITS the JUNK STOCK @t sub #40.


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
TIME will COME when JAPAULGOLD will HIT 🎯 #15..

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* octopus 🐙🦑

Over #1 Billion naira worth of trade done on JAPAULGOLD this morning.

BARGAIN HUNTERS TAKE NOTE!

OANDO is taking CAPTIVES while gradually heating back to 20 junction,

BARGAIN HUNTERS TAKE NOTE!!

Agbalowomeri:
I will wait at N1

Sameway you have being waiting for GTB @t #8

PETERiCHY:
;OUR TOP 5 PICK FOR 2025

1) CADBURY

2) NASCON

3) ACCESSCORP

4) JAPAULGOLD..... Invest only speculative fund

5) DANGOTE SUGAR


BARGAIN HUNTERS TAKE NOTE!

TIME will COME when JAPAULGOLD will HIT 🎯 #15..

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* octopus 🐙🦑

Streetinvestor2:
They are drilling the crude oil for my village people. I hope it make u happy
Not all investment is for dividend or bonus.U as old as u claim in this business should know that one.I hope u have not forgotten we done collect free shares this yr..lol
Onado debt does not really exceed its asset technically. That is why financial institutions still grant them loan.Thr verified crude reserve is an asset technically in that industry as long as it is still flowing
Oga ur MH business for Japaul is dead on arrival and other MH business u may decide to bring on board in future. Know this and have peace of mind.

Pls this is never a recommendation for anyone to buy oando as I don't do MH.

Few weeks ago we bought same OANDO at circa #50 and sold at circa 54 now we are patiently waiting to repurchase it circa #40 and resell at circa #44..


OANDO is simply a JUNK STOCK that is good for JiJO and nothing else.

BARGAIN HUNTERS TAKE NOTE!

Streetinvestor2:
They have crude oil and drilling it for all to see and sell
The other is only claiming gold but only mining sand and selling
Two serious difference here.
Lastly I don't do MH on any for maga to fall

Indeed OANDO drill and sell crude for who exactly for themselves or for their shareholders ?

Meanwhile for over 10years OANDO have neither paid a dime as dividend nor given any bonus share as compensation.


OANDO plc has a significant debt burden, with its total liabilities significantly exceeding its assets, resulting in negative equity and a high debt-to-equity ratio. In 2025, the company's total debt was reported as approximately ₦3.22 trillion.

Still yet with all your street sense you don't see OANDO as a JUNK STOCK

Streetinvestor2:
Why is the position of long time holders always painful. Is it because u come here to do MH to uninformed guys.Oga I have grown pass to buy junks and dead businesses in this business. The junks u market does no hold water for my like.If the market go bearish. It is opportunity to buy more of sound stocks. And for crash it is not happening any time soon.In the past 25 yrs.How many times has ngx crashed. I can only remember twice which I was involved. I thought u claimed u retired and came back for MH

Really and you believe the OANDO you bought is not a JUNK STOCK

Streetinvestor2:
Abeg oh.He should not come and add to this failed government on the CGT wahala for the last quarter

No need to be SCARED

If the MARKET eventually crash to the lowest ebb, it's will be an OPPORTUNITY for long-term SHAREHOLDERS to buy MORE.

Then PATIENTLY wait for it to RECOVER even if it's in 50ys time .


BARGAIN HUNTERS TAKE NOTE!

President Bola Tinubu has approved a N4tn bond to clear verified debts owed to power generation companies and gas suppliers as part of efforts to stabilise Nigeria’s electricity market and restore confidence in the sector.

The Minister of Power, Adebayo Adelabu, made the disclosure in Abuja at the Expert Forum on ‘Uninterrupted Power: The Industrial Imperative’ organised by the Nigeria Economic Summit Group, where he outlined ongoing reforms under the Federal Government’s Renewed Hope Agenda to make the power sector sustainable and commercially viable.

According to him, the bond approval forms part of a broader financial stabilisation plan designed to address legacy liabilities that have hindered investment and liquidity across the electricity value chain.

“To stabilise the market, Mr President has approved a N4tn bond to clear verified GenCo and gas supply debts. Alongside this, a targeted subsidy framework is being developed to protect vulnerable households and ensure a sustainable path toward full commercialisation and a viable industry.”


https://punchng.com/tinubu-approves-n4tn-bond-to-clear-gencos-debts-power-minister/


TRANCORPIANS FASTEN YOUR SEATBELTS!!!

PETERiCHY:
.
We foresee JAPAULGOLD selling at #50 though it will go via TRANSCORP route.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* 🐙

Gold prices hit a record high in Asian trade on Wednesday, crossing $4,000 an ounce for the first time as safe haven demand grew amid heightened political and economic uncertainty.

Bets on more interest rate cuts by the U.S. Federal Reserve also buoyed bullion, with focus turning to upcoming addresses by several officials this week.

Spot gold rose 0.6% to a record high of $4,010.84/oz, while gold futures for December rose 0.7% to a peak of $4,033.27/oz. Gold futures had risen past $4,000/oz on Tuesday.

https://www.investing.com/news/commodities-news/gold-prices-hit-record-high-cross-4000oz-amid-political-economic-uncertainty-4276107

BARGAIN HUNTERS TAKE NOTE!

ogawisdom:
25% is too much 15% should have been max though 99% of retail investors won't be affected. We still need the market movers around ie high networth individuals and institutional investors that will be affected.

This why I laugh when someone said CGT won't long-term shell-holders in an economy that is heading towards hyperinflation. Very all man eyes go clear

Streetinvestor2:
U are a joker if u think the CGT will affect long time investors like me.They will never see shishi from me till they leave.They will collect from jijo people like u.They can only create bearish market which I will use to add to my winning stocks. Then I will wait for them to get out by 2027 for responsible government to come.
I was only concerned for the market but not that it will cause me any loss. U make loss only when u sell as long as my fundamental sound companies don't close shop.I will be collecting my dividend. I repeat they will never see shishi as CGT from me

DON'T WORRY BODY GO SOON TELL YOU


https://nairametrics.com/2025/09/29/why-25-cgt-for-share-sale-is-self-inflicted-wound-for-nigeria/


Why 25% CGT for share sale is self-inflicted wound for Nigeria.


The government has decided to test another experiment on our already fragile capital markets.

This time, it comes in the form of a 25 per cent capital gains tax on listed equities, charged if the proceeds are reinvested outside the stock market into fixed income or other non-equity assets.

On paper, it looks like a clever nudge; actually, it is not. Sell your shares and take the money into bonds? Fine, but you must hand over a quarter of your gain to the taxman. Keep the money in equities? You are spared. The theory is that this will redirect capital back into companies, create jobs and stimulate growth.

But the truth is that elegant theories don’t move markets. Investors do. And when you look at this proposal through the eyes of those who actually provide the capital, it starts to look less like smart policy and more like another wasted bullet.

So what exactly are we dealing with?
The new rule would slap a 25 per cent levy on your gain if you sell shares and move the money into non-equity assets. The only way to avoid it is to reinvest in another Nigerian company, whether listed or not. Inflation doesn’t count in the government’s calculation.


If you bought shares ten years ago and the naira has since eroded half your real return, too bad. The cost basis is your original purchase price, not the reality of what your money is worth today.

Retail investors might shrug because most are exempt. Individuals only cross the line if their annual proceeds are above 150 million naira. Pension funds and other large pools of capital are also exempt.

Which leaves us with the obvious question: who exactly is this law supposed to catch?
The uncomfortable answer is that it is targeting a small slice of local, private investors who trade actively but don’t have the same tax shelters as institutions. In other words, the group most sensitive to market conditions, the very group you would imagine the government should encourage, not penalise.


Foreign investors and the big question mark
Now comes the elephant in the room. Will foreign portfolio investors be forced to pay this tax? If they are, then Nigeria just made itself even less attractive compared to every other frontier market out there. Imagine a foreign investor weighing where to park capital. On one side, you have Kenya, which exempts listed equities from capital gains tax altogether. On the other hand, Nigeria, where the cost of entering is already high, and the cost of exiting now comes with a 25 per cent haircut. Why would you choose Nigeria?

And if the rule doesn’t apply to foreigners, then what exactly is the point of the exercise? Punish your own local investors while letting external players walk free? That hardly sounds like sound economic policy.

The double taxation implication – FPIs pay CGT in their countries. For example, you will pay 21 per cent in the US after paying 25 per cent in Nigeria – this is quite laughable.

Kenya shows a different playbook because South Africa is not our mate

Kenya isn’t perfect, but on this one, it is far more pragmatic. Capital gains are generally taxed at 15 per cent there, but gains on shares listed on the Nairobi Securities Exchange are exempt. Investors know they can enter and exit without penalty. That creates liquidity, builds confidence and keeps capital flowing.

Nigeria, on the other hand, is busy erecting a toll gate at the exit ramp. And the one thing investors value most is the assurance that they can always leave when they want to. Remove that, and you don’t create loyalty, you create avoidance.

The risks we are inviting
The likely consequences of this proposal are straightforward. Foreign participation will fall. Liquidity will dry up. Bid-ask spreads will widen. Valuations will compress. Long-term holders will be punished because inflation isn’t recognised in the cost base. And the overall perception of Nigeria as a place to invest will slide even further.

This is not about textbook economics. This is about psychology. The confidence that you can invest today and exit tomorrow without arbitrary punishment is the bedrock of any market. Take that away, and you guarantee capital flight.

Nigeria is not New York, London or Shanghai. We are not yet a deep capital market where investors shrug off friction. Every little barrier matters here. Currency swings, political risk, governance uncertainty ; these already weigh on decisions. Adding a punitive exit tax is a self-inflicted wound.

When you shoot yourself in the foot, you don’t get sympathy from investors. You get avoidance. You get money going elsewhere. And you get another wasted bullet in the long list of policies that sounded clever in the textbook but collapsed in the real world.

Streetinvestor2:
When they come and scatter the ngx without proper thought out policy.They will start to use what they created as yard stick as measurement for Improvement.
How can that guy in suit come to ngx to say rubbish like, CGT will be calculated using price as old as ngx as cost.And the target is big players.When big players start vacating the market now.They will say it is pdp yrs of mismanagement.That is the right thing to have been done since nigeria independence

Good morning Sir,

I thought you said CGT is Good for you and your fellow LONG TERM BAG HOLDERS while it will make we BARGAIN HUNTERS leave the MARKET.

For your information CGT is actually a BLESSING in DISGUISE for SMART TRADERS & BARGAIN HUNTERS.

BARGAIN HUNTERS will actually leave the Market for LONG TERM BAG HOLDERS and COMEBACK CHERRY PICK at BARGAIN PRICES after they have SUCCEEDED in SCATTERING the NGX with their yeye CGT
policy


BARGAIN HUNTERS TAKE NOTE!

SonofElElyonRet:
Peter your tenses are confusing. Do you still think so or not any more

Edited

I meant to say "though and not thought"

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
;OUR TOP 5 PICK FOR 2025

1) CADBURY

2) NASCON

3) ACCESSCORP

4) JAPAULGOLD..... Invest only speculative fund

5) DANGOTE SUGAR


BARGAIN HUNTERS TAKE NOTE!

.
We foresee JAPAULGOLD selling at #50 though it will go via TRANSCORP route.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* 🐙

;OUR TOP 5 PICK FOR 2025

1) CADBURY

2) NASCON

3) ACCESSCORP

4) JAPAULGOLD..... Invest only speculative fund

5) DANGOTE SUGAR


BARGAIN HUNTERS TAKE NOTE!

A QUICK one for the NEWBIES.

STOCK MARKET is an OCEAN either you keep FLOATING or you get DROWN,

SOME of us have been in this GAME for over 2 DECADES but it took us a WHOOPING 10years to BREAK-EVEN then went back to the DRAWING BOARD to RE-STRATEGIZE the way FORWARD

KNOW this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* 🐙🦑

Agbalowomeri:
They need to bear in the risk too. If I make a 100m, dem go collect 25. If I lose 50m, I should be able to write it into future tax otherwise it doesn't make sense

YOU CAN IMAGINE.

If I do JIJO and make profit, FG will be willing to share the LOOT with me.

Meanwhile if I do JIJO and make loss. FG wont be willing to bear the BRUNT with me

NOW TELL ME WHO IS FOOLING WHO

Is it not better i carry my KAYA go start crayfish business for Oron

Agbalowomeri:
Even the DING man don vacate

EDUCO, KARITOM. DING man to mention but few have all gone on French leave and it's not winter yet

Agbalowomeri:
Even the DING man don vacate

Even the DING man replacement came late

Well what we are witnessing is the beginning of CGT BEAR.
If you know you know

BARGAIN HUNTERS TAKE NOTE!