₦airaland Forum

DeRuggedProff:
Just call Agba by name. He won't harm you, he is a nice guy ..

fashionnisir:
Please one more questions, in what badges do you buy(enter) and sell (exit) trade, if you are to aquire 25,000,000 unit of your stock.

Locotrader:
Make sure you make your Ci leasing stock 1 million units.This will cost you about 5.6 million naira to purchase it.

This is your N15,000,0000 stock in a short to medium.

If you can close your ears and eyes and do this,you will live to thank me as I will be heading to my retirement by then.

jonnysessy:
Thank you very much for this. So, this how our NSEMPA members dey hammer and I come they chase after little gains here and there. Locomotive man I will be joining you on this one million March, sorry I meant one million investment in one stock.

chidekings:
haba....atleast 20 percent.

vacanci:
Loco..wow

You are on the high network level according to SEC Nigeria.

You are at the top 1% of adult population.

bovali:
Let’s take a step back and look at the numbers. Nigeria has approximately 64.8 million BVN-linked bank accounts, yet only 5% of these accounts hold balances above ₦500,000. That’s just about 3.24 million individuals. In a country with a population exceeding 230 million, this means only around 1.4% of Nigerians have access to more than ₦500,000 in their accounts.

Now consider this: if only 1.4% have over ₦500,000, it is highly unlikely that up to 1% of the population has a net worth of ₦200 million or more — even when you factor in non-cash assets.

...

thebargainhunte:
I disagree, accept you are talking about high networth investor. Someone networth has to include both liquid and fixed assets. This is the reason Dangote Refinery was included in his present networth.

KarlTom:
The flaw in this statistic (the bolded) is that it considers individual account rather than individual BVN.

e.g. a businessman with at least ₦1m in each of his 10 accounts...

KarlTom:
StarLink? Or MTN

Agbalowomeri:
Then that even reduces the percentage

ppogba:
the number of shares as seen on the CSCS cert is 1550..how do I know if the shares are worth the effort of recovering them?


Since she is deceased and the shares are in her name, the road go long oo. Just take a look at the CSCS statements with you and check whether the quantity and the types of shareholdings are worth the effort . If you were to go see the stockbrocking firm that issued the statement, ordinary updated , recent statement they will not avail you under the guise that the account isn't in your name. The stock broking firm will require a letter of administration from the court amongst other legal road blocks . So check whether it is worth your effort.

Rexkingsley:
the number of shares as seen on the CSCS cert is 1550..how do I know if the shares are worth the effort of recovering them?

fashionnisir:
if everbody start investing like these,where will liquidity come from

KarlTom:
For context you mean at least 50million Nigerians have ₦200million?

chidekings:
like in their total assets.

ojeysky:
20m Nigerians each have up to 200m total asset and Naija will be what it is today. 200m is not small money fa

Locotrader:
Anyone who plans for retirement must carry only one stock in mind and close ear/eyes on every other stock.
Invest heavily on the stock and wait it out.It will pay heavily than having mushroom stocks up and down.

It's time for one stock consolidation as the last bull in a decade is coming up in our own time.
In 2008,those with heavy portfolios retired leaving us with mushroom portfolios in a school of wilderness experience.

Today,Loco has graduated from newbie to a veteran in the stock market.

We must tell our stories

Rexkingsley:
the number of shares as seen on the CSCS cert is 1550..how do I know if the shares are worth the effort of recovering them?

ojeysky:
20m Nigerians each have up to 200m total asset and Naija will be what it is today. 200m is not small money fa

Pesuzok:
We should have more than 20m Nigerians with total assets more thsn 200m.

How many houses do will have in Nigeria? What are the value of these houses in today's market.

What of the traders? Those in building materials, cars dealers, etc, what is the value of there inventory?

So yes, 20m Nigerian have up to 200m in assests, but maybe these assets are not liquid which might be why we don't feel it in the economy.

Pesuzok:
We should have more than 20m Nigerians with total assets more thsn 200m.

How many houses do will have in Nigeria? What are the value of these houses in today's market.

What of the traders? Those in building materials, cars dealers, etc, what is the value of there inventory?

So yes, 20m Nigerian have up to 200m in assests, but maybe these assets are not liquid which might be why we don't feel it in the economy.

Agbalowomeri:
First do we have 5million houses in Nigeria that are worth 100m and above?

Agbalowomeri:
First do we have 5million houses in Nigeria that are worth 100m and above?

chidekings:
haba....atleast 20 percent.

starpower:
Sir, this reminds me of one gathering I attended not long ago.
A gentleman confidently declared he can pull 45% annual returns trading stocks—with a straight face, o. I calmly asked, “How consistent are those returns?”
Next thing, he went full-blown emotional, even dropped the ₦100 million hypothetical starting capital like it’s sachet water money.

I just smiled. Because honestly, this is the same delusional energy I see here on the forum daily—especially in penny stock fantasyland.
Some of you will say things like “I bought 5 million units of XYZ in 3 days”, like NGX is a crypto exchange with infinite liquidity.

Let’s be real:
Most penny stocks on the NGX can’t even absorb 1 million units at a fair price in a week without pushing the price up. Unless you’re doing cross-dealing or moving paper off-market, you’re lying—or worse, deceiving yourself.

This market has shallow depth. Liquidity is highly fragmented, and volume doesn’t always equal opportunity. Just because you see 10 million units traded doesn't mean you can enter and exit with size at the price you want.
Try dropping ₦100 million into some of these tickers, and you’ll be left holding the bag while the market trades around you with tissue-paper volume.

A lot of people here forget:
Making money in stocks is one thing—scaling it up is another beast entirely.
And until you’ve tried to get out of a large position in a thin stock without breaking your back or the price, you haven’t graduated.

So when next someone throws wild return figures around, especially with big capital, ask one thing:
“Show me the track record. And show me the liquidity.”

Because if it can't scale, it’s just another story for the boys at the beer parlour. 🍻
Same way they use small sample statements to generate statistics, outright delusional 🎬

starpower:
Sir, this reminds me of one gathering I attended not long ago.
A gentleman confidently declared he can pull 45% annual returns trading stocks—with a straight face, o. I calmly asked, “How consistent are those returns?”
Next thing, he went full-blown emotional, even dropped the ₦100 million hypothetical starting capital like it’s sachet water money.

I just smiled. Because honestly, this is the same delusional energy I see here on the forum daily—especially in penny stock fantasyland.
Some of you will say things like “I bought 5 million units of XYZ in 3 days”, like NGX is a crypto exchange with infinite liquidity.

Let’s be real:
Most penny stocks on the NGX can’t even absorb 1 million units at a fair price in a week without pushing the price up. Unless you’re doing cross-dealing or moving paper off-market, you’re lying—or worse, deceiving yourself.

This market has shallow depth. Liquidity is highly fragmented, and volume doesn’t always equal opportunity. Just because you see 10 million units traded doesn't mean you can enter and exit with size at the price you want.
Try dropping ₦100 million into some of these tickers, and you’ll be left holding the bag while the market trades around you with tissue-paper volume.

A lot of people here forget:
Making money in stocks is one thing—scaling it up is another beast entirely.
And until you’ve tried to get out of a large position in a thin stock without breaking your back or the price, you haven’t graduated.

So when next someone throws wild return figures around, especially with big capital, ask one thing:
“Show me the track record. And show me the liquidity.”

Because if it can't scale, it’s just another story for the boys at the beer parlour. 🍻
Same way they use small sample statements to generate statistics, outright delusional 🎬

Care4:
You don't know how much poverty is outside.

emmanuelewumi:
I have heard you, 20% of Nigerians have a networth of N200 million