₦airaland Forum

mikeapollo:
Really? You think the market is not bearish yet?

Not nice looking at valuations right now. Those that have JO will be smiling now.

mikeapollo:
Really? You think the market is not bearish yet?

What we are having now is a pullback.
If we loose about 20% from the top,then we can begin to talk about bearish sessions
Will it turn to a bear market? I definitely don't know

Streetinvestor2:
Make ASI they decieve some people. Some stocks are racing south like village people they push the thing. AsI is never true reflection of ngx

Mine has been taking a beating now for like a week....just when I planned to take some profit.

Is there something next week that can move the numbers upward?

pluto09:
What we are having now is a pullback.
If we loose about 20% from the top, then we can begin to talk about bearish sessions
Will it turn to a bear market? I definitely don't know

Okay ooo. Let's wait and see.

Streetinvestor2:
Those type are from 30 million up.How many do u see on the road if not government bought

You want very big car for free lol.
Even the Chinese making the cars are not driving big ones anyhow. You’ll need more than that for bigger EV’s. But they’ll still be like about 50% cheaper than comparable brand new petrol ones.

pluto09:
What we are having now is a pullback.
If we loose about 20% from the top,then we can begin to talk about bearish sessions
Will it turn to a bear market? I definitely don't know

The banks are already in a bear though

O boy eyes don red

BabsO2:
You want very big car for free lol.
Even the Chinese making the cars are not driving big ones anyhow. You’ll need more than that for bigger EV’s. But they’ll still be like about 50% cheaper than comparable brand new petrol ones.

Naturally I be benz guy so on a good day other cars no dey give me joy.Then imagine those small chinko toys.
When naija never spoil .I sabi blow across different states for different hustle

mikeapollo:
The point is, what is the real worth of the N200m?
Things are bad now such that a single economy policy by a govt can make that money lose value overnight.
A country where prices of goods and services can just double or triple overnight just like that.
A bottle of water was N30 just a few years ago. Today, it is selling for N200-N300.
It is the trend and fear of inflation.

It is 140 times of our GDP per capita

Streetinvestor2:
like seriously. Is possible because many of my friends believe in houses and land over many things as asset When I talk about liquid assets they are never interested. Thr reasons is lost of trust in government and institutions that anything could happen to such assets and u are finished

Meaning out of every 200 Nigerian na just 1 of them go get N200 million in liquid assets

Streetinvestor2:
That means if u have a billion and above on liquid assets in nigeria from genuine hustle u are not doing bad

you are doing great, my neighbor retired with 21m in pension funds. Level 13 federal worker.

starpower:
you are doing great, my neighbor retired with 21m in pension funds. Level 13 federal worker.

Government work na slavery

emmanuelewumi:
Meaning out of every 200 Nigerian na just 1 of them go get N200 million in liquid assets

Where you get your data from

starpower:
you are doing great, my neighbor retired with 21m in pension funds. Level 13 federal worker.

That na official disclosure if he tells u the unofficial u fit faint too...lol

E no even reach.

emmanuelewumi:
Meaning out of every 200 Nigerian na just 1 of them go get N200 million in liquid assets

Streetinvestor2:
That na official disclosure if he tells u the unofficial u fit faint too...lol

This your belief about civil servants get as e be. How many of them do you think are close to money

Agbalowomeri:
This your belief about civil servants get as e be. How many of them do you think are close to money

They hardly do anything free for people in thr office. They will always create an avenue for daily extortions.like u now way sa any way na way as an accountant

Agbalowomeri:
The banks are already in a bear though

Not there yet but it is looking more and more likely .
One major index that has not recovered from the August sell off. Not looking good.

Agbalowomeri:
Where you get your data from

It is worse than that , should be about 1 in every 500 sef

Itzlinda:
Yes, If we can to that level of output we wont even be afraid of rice importation as we can compete with farmers from other countries, but now we cannot

Isn't the importation meant to be for just 6 months sef?

It's looks like it's been running for over a year now.

pluto09:
What we are having now is a pullback.
If we loose about 20% from the top,then we can begin to talk about bearish sessions
Will it turn to a bear market? I definitely don't know

It won't.

CBN taking charge of Fixed income trading from FMDQ.
now both regulator and operator.
Banks major cash cow is under more scrutiny.

Power tussle on who is actually in overall charge. SEC or CBN?

Could this be the cause of the bear?


https://nairametrics.com/2025/11/05/cbns-fixed-income-overhaul-sparks-regulatory-tensions-in-financial-market/

emmanuelewumi:
It is 140 times of our GDP per capita

And our GDP per Capita is one of the lowest even in Africa

emmanuelewumi:
It is worse than that , should be about 1 in every 500 sef

What's the total money supply?
How much of that belongs to govt and corporates?

Divide the rest by 1 million to get the average amount of cash held by the top 0.5%

I bet it's probably less than N40m.

Stocks, pension funds, debts etc are all subsets of the overall money supply cos na from the available money supply, stocks dey turn cash, otherwise na just paper value.


Anyways, being in this percentile isn't really worth anything imo.

For context, ask me to choose between being a regular guy with N2bn and being someone with spiritual powers and just N10m, I'd choose the latter.

Cos your N2bn can't save you from sudden death or incurable illnesses whereas your spiritual power would if it's the authentic type.


Money is just really over hyped. Like, it's not even useful on Mars for instance, abi if these AI enthusiasts had their way, it wouldn't even be relevant any more on earth.

Like robots do all the farming, make all the food, build all the cars etc and humans just enjoy, money isn't needed.


Other than making us feel good about ourselves, I don't see much relevance to these statistics.

But we should rather be grateful for the privilege and remember that we're not better than anyone else.

I always think to myself, what if I was born with some mental deficiency or something, whom would I have sued?

Streetinvestor2:
That is an official disclosure if he tells u the unofficial u fit faint too...lol

not all has opportunities for unofficial, some are in Parastatal without extortion opportunities.

Why did meristem and Morgan stop sending daily market recommendations since everything begin go south. This is why I don't ever take those thr recommendations seriously. I aways believe it was for thr own selfish interests

Streetinvestor2:
Why did meristem and Morgan stop sending daily market recommendations since everything begin go south. This is why I don't ever take those thr recommendations seriously. I aways believe it was for thr own selfish interests

starpower:
not all has opportunities for unofficial, some are in Parastatal without extortion opportunities.

U are right. Is just when u meet the bad ones u grow dislike for many in that segment.
Just like a police man can never be my friend.
And never wish a fmly member to be one

https://punchng.com/wimbiz-2025-formalise-your-business-to-enjoy-tax-reliefs-oyedele-tells-entrepreneurs/#google_vignette

“If somebody is roasting corn by the roadside, if somebody is a vulcaniser, if somebody is a carpenter — those guys are poor. It doesn’t matter how many customers they have in a day; you shouldn’t leave it to the government or the tax officer to decide whether they need to bring in tax or not.

“So, those guys — we’re planning to give them exemption stickers so they just live their life. That is how direct and practical it is,” he said.

Best solution is to completely divide Nigeria along Religious lines. One side should be named Islamic Republic of Nigeria, and the other side should be named Biafra (Christian).

Every Nigerian is free to choose which side to belong to with new Passports and Identities issued. No human should have to share same nationality with animals.

https://open.spotify.com/episode/6AH0qIMUiL9XbgnczSybSk

A summary of today's trading session on the NGX

For those who prefer videos.


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