₦airaland Forum

emmanuelewumi:
Na wa ooo, you sound so confident in your ignorance.


Please don't be offended

I am not. Just correct or lay it out for me

chimex38:
Agreed on the bolded.
We are still saying the same thing. If it's converted to Naira, not sustainable.

On your second paragraph,
But what If you physically live outside Nigeria but live on Nigerian goods and services(via export)
Then what Agba said is plausible for the next 20yrs.
You literally said it when you mentioned higher purchasing power.
You use less and less of your dollars to purchase more and more goods and services

Well we have Nigerians living in Western world still importing and eating egusi and other local/cultural cuisines, though I don't think it is cheap.

KarlTom:
Wilder dreams have come to pass

Sure

awesomeJ:
Cbn should approve dividends and cut mpr by 175 basis points, so the market can catch a breath.

Wetin concern CBN with stock market o
Dem no send una o

MrSamsung:
I am not. Just correct or lay it out for me

It seems you don't want to understand.

A good investment will always give an investment income that mirrors inflation,

MrSamsung:
Well we have Nigerians living in Western world still importing and eating egusi and other local/cultural cuisines, though I don't think it is cheap.

MrSamsung:
I am not. Just correct or lay it out for me

Just for further sharing,
Let's see it this way.
Fx @ ₦1500=$1
A has $10k investment returns per annum living in Nigeria
B has ₦15m investment returns per annum living in Nigeria.
Assume Both A and B use up their investments within 1yr in Nigeria.

If Fx is devalued from 1500 to 20000, that's about 13 times(x13).

A=₦15m in Naira will suddenly drop to ₦1.15m in value.(15m/13).
This amount can now only serve A's needs in 1month or less!!!

B=$10k can suddenly last the person 13yrs+ or more in value

Assuming fx and inflation rate for goods and services are increased equally (paripassu)

Agbalowomeri:
Wetin concern CBN with stock market o
Dem no send una o

27.5 is not sustainable.

They're literally printing over N20trn in new naira per year. More naira, less value.

Agbalowomeri:
Cheap ke? Name 5 stocks that can pay 10% dividend yield at current price

-Access
-DangCem
-MTN(Can pull surprise )
-NAHCO(next 10% dip price )
-GTCO(next 10% dip price )
-Cutix(...ember 2026)
-UPDCREIT
-okomu(next 10% dip price)

Zenith(may not reach 10%; forbearance issue)

Na speculative forecast Ooo.

chimex38:
Just for further sharing,
Let's see it this way.
Fx @ ₦1500=$1
A has $10k investment returns per annum living in Nigeria
B has ₦15m investment returns per annum living in Nigeria.
Assume Both A and B use up their investments within 1yr in Nigeria.

If Fx is devalued from 1500 to 20000, that's about 13 times(x13).

A=₦15m in Naira will suddenly drop to ₦1.15m in value.(15m/13).
This amount can now only serve A's needs in 1month or less!!!

B=$10k can suddenly last the person 13yrs+ or more in value

Assuming fx and inflation rate for goods and services are increased equally (paripassu)

I am not disputing any dollar denominated investment here in Nigeria or outside Nigeria, considering the kind of country we are in, it is very good against nonsenses(devalued currency, low PP, inflation etc). A hedging.

I am only looking or talking about the nonsenses I mentioned above happening to anyone who has a naira denominated investment(e.g NGX dividend paying stocks) to the point that even 10k dollars in cash converted to the local currency will still be an uphill struggle.

emmanuelewumi:
It seems you don't want to understand.

A good investment will always give an investment income that mirrors inflation,

Well the first paragraph is your own judgment or conclusion. On the contrary, I do want to understand.

The point all along is, there are some amounts from investments(especially our own Nigerian stocks) that are not 'enough' if the kind of inflation that usually happens in our Country continue or compound itself YOY. Added to this in worst case scenario, a high currency devaluation and low purchasing power.

Of course some investment income amount will be okay even generational but certainly not a #15m annual income/dividend, that is currently worth $10k.

MrSamsung:
Well the first paragraph is your own judgment or conclusion. On the contrary, I do want to understand.

The point all along is, there are some amounts from investments(especially our own Nigerian stocks) that are not 'enough' if the kind of inflation that usually happens in our Country continue or compound itself YOY. Added to this in worst case scenario, a high currency devaluation and low purchasing power.

Of course some investment income amount will be okay even generational but certainly not a #15m annual income/dividend, that is currently worth $10k.

It all boils down to the tool used when you made the investment.

You consider the earning growth that is as high as inflation, the Return on Invested Capital that is high enough to create Economic profit and not just accounting profit.

emmanuelewumi:
It all boils down to the tool used when you made the investment.

You consider the earning growth that is as high as inflation, the Return on Invested Capital that is high enough to create Economic profit and not just accounting profit.

Tool? What tool? For example in NGX stock market, what tool(s) can be used to create such a High Economic Profit or a high profit that equals or beats inflation?
(Assuming other things are not taken into account. E.g less valuable currency, and the risk of the NGX investment)

I asked chatgpt for 10 stocks that beat inflation and currency devaluation in the last 10 years

Continuation

MrSamsung:
Tool? What tool? For example in NGX stock market, what tool(s) can be used to create such a High Economic Profit or a high profit that equals or beats inflation?
(Assuming other things are not taken into account. E.g less valuable currency, and the risk of the NGX investment)

Get educated and informed we have valuable resources on the internet

emmanuelewumi:
I asked chatgpt for 10 stocks that beat inflation and currency devaluation in the last 10 years

For beating the two measured indices together for 10years, these are good investments.

emmanuelewumi:
Get educated and informed we have valuable resources on the internet

Is this a classic back hand or just the regular you?

https://www.youtube.com/watch?v=_YMLtMdx5sM

A summary of today's trading session on the NGX.

https://open.spotify.com/episode/5lI7GXhw7DzjXmv5Ihntsv

Updated with details about the Seplat off market trade today.

MrSamsung:
Is this a classic back hand or just the regular you?

Reminds me of Nosa of 2014

UNITY BANK 🏦

“That in consideration of (2) above, all shareholders of the Bank shall, after the Scheme is sanctioned by the Court, be paid ₦3.18 for every share held in the Bank in accordance with the terms stipulated in the Scheme, or be allotted 18 ordinary shares of N0.50 each in Providus Bank Limited (credited as fully paid) in exchange for every 17 ordinary shares of the Bank of N0.50 each (the “Scheme Consideration”)”


https://doclib.ngxgroup.com/Financial_NewsDocs/44932_UNITY_BANK_PLC-_NOTICES_OF_COURT_ORDER_MEETING_(COM)_-__COURT_ORDER_MEETING_(COM)_SEPTEMBER_2025.p

https://businessday.ng/banking/article/providus-bank-to-take-over-unity-bank-as-merger-shapes-up/

megawealth01:
UNITY BANK 🏦

“That in consideration of (2) above, all shareholders of the Bank shall, after the Scheme is sanctioned by the Court, be paid ₦3.18 for every share held in the Bank in accordance with the terms stipulated in the Scheme, or be allotted 18 ordinary shares of N0.50 each in Providus Bank Limited (credited as fully paid) in exchange for every 17 ordinary shares of the Bank of N0.50 each (the “Scheme Consideration”)”


https://doclib.ngxgroup.com/Financial_NewsDocs/44932_UNITY_BANK_PLC-_NOTICES_OF_COURT_ORDER_MEETING_(COM)_-__COURT_ORDER_MEETING_(COM)_SEPTEMBER_2025.p

MEGAWEALTH01 has the last LAUGH... MY JESUS is so sweet 😘

Providus will inherit Unity Bank's business, assets, and liabilities. The name Unity Bank will be no more.

For every 17 units of Unity Bank shares, you will receive 18 units of Providus Bank shares. If you want to cash out of Unity Bank, you will be paid N3.18k per share

I can't wait for them to list in their new name so I can increase my HOLDINGS. Their new name will be amongst my largest holdings in this NGX

This news has made my day. I can't wait oooooo

emmanuelewumi:
No cause for alarm if you know the stocks you have bought and also know why you bought the stocks.

But if you have stocks that are not fundamentally sound, one needs keep an eye on such stocks

Just say Oando and ELLAH

I’ve been waiting for you since morning. I hope the process doesn’t take another 1 year to be actualised sha. The news really made my day

megawealth01:
I can't wait for them to list in their new name so I can increase my HOLDINGS. Their new name will be amongst my largest holdings in this NGX

This news has made my day. I can't wait oooooo

Ddll:
I’ve been waiting for you since morning

With this UNITY BANK news all my picks in this NGX has made people fortunes to the glory of JESUS . My God didn't shame me with UNITY BANK. I was heavily exposed to UNITY BANK but HIS mercies saw me through. A lot of my funds tied up for a long time but thanks to JESUS for everything

On this UNITY BANK. I give it to JAGABANomics 😘

Agbalowomeri:
Reminds me of Nosa of 2014

Sorry what happened

megawealth01:
I can't wait for them to list in their new name so I can increase my HOLDINGS. Their new name will be amongst my largest holdings in this NGX

This news has made my day. I can't wait oooooo

Congratulations. I know you are heavy in Unity Bank. The trend continues with Providus Bank. Since it is 17 unit for 18 Providus, your holding will increase. And Providus is going to be listed cheap @ 3.18k. I am sure the price will skyrocket when listed as the cheapest banking stock. I will enter if the opportunity is there.

Ekuu market o

currentprice:
Ekuu market o

U don disappear! Lol