Nigerian Stock Exchange Market Pick Alerts - Investment (9793)

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Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 8:04pm On Nov 11, 2025

Olaide1295:
https://x.com/taiwoyedele/status/1988304820202078535

Taiwo Oyedele provides some clarity.

All this one no concern us grin

. We no gree... We dey sell off angry

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:05pm On Nov 11, 2025

Olaide1295:
https://x.com/taiwoyedele/status/1988304820202078535

Taiwo Oyedele provides some clarity.

Thanks for sharing.
Guys please go through.

They've decided to do one of the major things people here have been advocating for:

Cost base will be the closing price on December 31st 2025 if your actual cost base is lower.

That's bullish. Cos all we have to do is push GTCO to #150 by December 31st.

Whoever doesn't buy this week will likely likely likely buy higher.

Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 8:05pm On Nov 11, 2025*

essentialone:
When companies make Loss, they don't pay Tax, do they?

So why do we have to pay Commissions to all these inefficient Stockbrokers when we sell off a stock at a Loss?

@essentialone when you buy or sell stocks you don't pay commission on the outcome rather you pay for the process. Tax is paid on the outcome of the business process. So once the process is completed you pay irrespective of the outcome.
Moreover the charges you pay belongs to different entity involved in the process - Sec, sms, VAT, CSCS etc. Again, the decision to sell at a loss is solely yours as an investor or trader nobody is to bear the consequences of your decision. You could decide to make your loss to remain paper loss or you pay for the process of making it a real loss which could actually mean gain if you feel your loss could be more if you keep the stock.

Let the brokers breathe grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:06pm On Nov 11, 2025

Agbalowomeri:
We are not in a bear market yet until ASI drops below 120k

Why just below 120k?

Why not wait until ASI drops below 50k before your enter your own Bear Market?

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:07pm On Nov 11, 2025

awesomeJ:
Thanks for sharing.
Guys please go through.

They've decided to do one of the major things people here have been advocating for:

Cost base will be the closing price on December 31st 2025 if your actual cost base is lower.

That's bullish. Cos all we have to do is push GTCO to #150 by December 31st.

Whoever doesn't buy this week will likely likely likely buy higher.

Explain more.

Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 8:09pm On Nov 11, 2025

Ginalex:
All this one no concern us . We no gree... We dey sell off

The matter don enter aluta continua grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:10pm On Nov 11, 2025

emmasoft:
Moreover the charges you pay belongs to different entity involved in the process - Sec, sms, VAT, CSCS etc.

CSCS should reimburse me 12k they've deducted for SMS over the last 15 sessions without any trade alerts.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:13pm On Nov 11, 2025

essentialone:
Explain more.

Previously if you have GTCO in your portfolio that you bought for N10 per share, if you sell next year at N100 per share, they wanted to use N10 as your cost base and tax you on N90 profit. That could be N90m if you hold 1m units.

Now Taiwo Oyedele has said that the new cost base will be anyone you prefer between the N10 you purchased at and the closing price on December 31st.

So if we move GTCO to #150 by December 31st, and you sell at N100 next year, then you pay no CGT, infact na the government owe you tax credit.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:14pm On Nov 11, 2025

jonnysessy:
The matter don enter aluta continua

Much pressure on Finance ministry from different quarters...
Wrong timing for their CGT palaver....
They want to grow Trillion economy and bringing anti-progress measure, how will that work?

Meanwhile on Trump matter, FG is in discussions with USA at the moment..

https://dailypost.ng/2025/11/11/trumps-threat-were-in-talks-with-us-nigerian-govt/

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:15pm On Nov 11, 2025

awesomeJ:
Thanks for sharing.
Guys please go through.

They've decided to do one of the major things people here have been advocating for:

Cost base will be the closing price on December 31st 2025 if your actual cost base is lower.

That's bullish. Cos all we have to do is push GTCO to #150 by December 31st.

Whoever doesn't buy this week will likely likely likely buy higher.

Lol that is counterintuitive

They will still use your cost price

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:19pm On Nov 11, 2025

Agbalowomeri:
Lol that is counterintuitive

They will still use your cost price

How? ??

Everyone has been asking for a reference price of Jan 1st, they finally granted it, what else?

By the way, he also confirmed that CGT is to be received by STATES! I think I will relocate to my village, there's a higher chance of successfully confusing the tax people there with the complex maths in my trades 😁😁😁

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Yoursfaithful: 8:23pm On Nov 11, 2025

Olaide1295:
https://x.com/taiwoyedele/status/1988304820202078535

Taiwo Oyedele provides some clarity.

The guy still dey explain nor..he go explain taya..like he needs 2 by 2 plank of wood to reset that him brain abi huh

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ogawisdom(m): 8:27pm On Nov 11, 2025

https://businessday.ng/news/article/nigeria-likely-to-review-capital-gain-tax-edun-says/

Government may review CGT

Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 8:27pm On Nov 11, 2025

Yoursfaithful:
The guy still dey explain nor..he go explain taya..like he needs 2 by 2 plank of wood to reset that him brain abi

The pressure being mounted on them should be channeled towards reducing the retrogressive CGT to max of 10 %.
They should look for other innovative ways of raising funds.
Even the 800k limit on PIT needs to be reviewed in the light of present realities facing families.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:33pm On Nov 11, 2025

stokfrick:
The pressure being mounted on them should be channeled towards reducing the retrogressive CGT to max of 10 %

10% is worse if

- you trade less than 150m per year and make less than 10m in gains (they currently pay 0%)

-you do heavy buy/sell (you shouldn't pay more than 5% under the current laws)

These already cover over 95% of people.

Those who might benefit from the 10% are in a very tiny minority.

As a matter of fact, with this new December 31st rule, they've effectively suspended CGT for everyone on all existing gains!

The only CGT you will pay is on any new gains from 2026.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:36pm On Nov 11, 2025

If the market prices in this December 31st rule , we might have already bottomed.
My new support for ASI is 140k!

Re: Nigerian Stock Exchange Market Pick Alerts by Valthegreat(m): 8:38pm On Nov 11, 2025

Agbalowomeri:
By the time they finish reviewing, ASI will be at 75k

Lucky man! normal market forces refused to heed to your prayers and your Oracles brought Oyedele to the rescue. Time to bring in your loot for more loots in 2026.

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:42pm On Nov 11, 2025

The 5% crash seems to break circuit at Taiwo's team, it's good he put out that tweet.

Once the December 31st starts hitting headlines, market should start moving back up tomorrow.

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:49pm On Nov 11, 2025

awesomeJ:
If the market prices in this December 31st rule , we might have already bottomed.
My new support for ASI is 140k!

If this has been approved. Then I don't have any serious problem again on the cGT as long time investor. The market will start to reverse tomorrow.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:51pm On Nov 11, 2025

awesomeJ:
If the market prices in this December 31st rule , we might have already bottomed.
My new support for ASI is 140k!

Lol everybody creating their own bottom

Me I love real bottoms grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 8:51pm On Nov 11, 2025

It’s an awesome news to hear. For me, it’s the most important aspect of the CGT. The market will likely start reacting before the end of this week.

awesomeJ:
The 5% crash seems to break circuit at Taiwo's team, it's good he put out that tweet.

Once the December 31st starts hitting headlines, market should start moving back up tomorrow.

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:51pm On Nov 11, 2025

Agbalowomeri:
Lol that is counterintuitive

They will still use your cost price

Your TA has failed u again. U will see green tomorrow

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 8:52pm On Nov 11, 2025

It's not a bad word. It's just a proxy for young eyeballs engaged in the digital era. I bet there's a correlation between porn viewership and future explosive growth in the digital economy. PhD thesis for a curious economist.

Agbalowomeri:
Shuuu!!!
How p*rn*graphy take enter bayi
Abi are you planning to list a company offering that service

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Johnny5600: 8:52pm On Nov 11, 2025

There is blood in the market, this week bearish move is incredible, as people are afraid, now is probably the time to load up if Wale Edun and his team come through with their downward review promise of the dreaded CGT. Hopefully things will pick up

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:53pm On Nov 11, 2025

awesomeJ:
How? ??

Everyone has been asking for a reference price of Jan 1st, they finally granted it, what else?

By the way, he also confirmed that CGT is to be received by STATES! I think I will relocate to my village, there's a higher chance of successfully confusing the tax people there with the complex maths in my trades 😁😁😁

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:54pm On Nov 11, 2025

essentialone:
Why just below 120k?

Why not wait until ASI drops below 50k before your enter your own Bear Market?

Are you just reading to reply Lol

Boys dey para o grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 8:56pm On Nov 11, 2025

awesomeJ:
Thanks for sharing.
Guys please go through.

They've decided to do one of the major things people here have been advocating for:

Cost base will be the closing price on December 31st 2025 if your actual cost base is lower.

That's bullish. Cos all we have to do is push GTCO to #150 by December 31st.

Whoever doesn't buy this week will likely likely likely buy higher.

When it comes to taxing: we here people trying to imitate global practice and blah blah blah
but when it comes to tackling corruption, we are far away from global practice.

This is neither about Tax or Corruption; This is about TRUST (T-bills and short term investment didnt wait till 31st of December)

13 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:00pm On Nov 11, 2025

Agbalowomeri:
Lol everybody creating their own bottom

Me I love real bottoms

You think 75k is real?
Even 120k isn't.

If this news spreads fast enough 140k will hold, if more slowly, you still won't buy this market below 130k.

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:02pm On Nov 11, 2025

Streetinvestor2:
If this has been approved. Then I don't have any serious problem again on the cGT as long time investor. The market will start to reverse tomorrow.

Exactly

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:02pm On Nov 11, 2025

Agbalowomeri:
Are you just reading to reply Lol

Boys dey para o

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:03pm On Nov 11, 2025

GeeKudi:
It’s an awesome news to hear. For me, it’s the most important aspect of the CGT. The market will likely start reacting before the end of this week.

Exactly.
People should add this to their decision.

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 9:36pm On Nov 11, 2025

Let's even say the "reset" happens and the "cost base" becomes the higher of your purchase price and 31st December, 2025. That's only one part of the problem plus the "reset" is a one-off event. My major concern is the 25%-30% CGT. It's too much. Also, in my opinion the 150m and 10m criteria are not much. They should be increased to 500m and 50m🚶🚶

5 Likes

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