₦airaland Forum

BabsO2:
CHAMS rights has been credited for one of my accounts before end of December in CSCS. While for my other account it’s not yet in CSCS.

Nice to hear this information. I will check my cscs account on Monday

Good evening.
I'm still awaiting mine, don't know if it's been credited to my CSCS account.

How do one access a CSCS account, I'm finding it difficult creating one.

BabsO2:
CHAMS rights has been credited for one of my accounts before end of December in CSCS. While for my other account it’s not yet in CSCS.

orriyomi33:
Good evening.
I'm still awaiting mine, don't know if it's been credited to my CSCS account.

How do one access a CSCS account, I'm finding it difficult creating one.

It’s long I registered. Search online on their portal you should be able to find how to register so that you can login to see your stocks on your CHN accounts.

https://portal.cscs.ng/home/index

Chapel Hill Denham lists N163.6 billion NREIT on NGX
Kelechi Mgboji by Kelechi Mgboji December 31, 2025
Chapel Hill Denham dominates NGX brokerage charts of top 10 firms in weekly trading

Chapel Hill Denham Management Limited has achieved a major milestone in Nigeria’s property-backed securities market with the Listing by Introduction of 1.59 billion units of its Nigeria Real Estate Investment Trust (NREIT) on the Main Board of the Nigerian Exchange Limited (NGX).

The listing, which took effect today, December 31, 2025, represents one of the largest REIT admissions on the Exchange and marks a significant step in deepening real estate investment opportunities for institutional and retail investors.

The units were listed at N103 per unit, giving the fund an implied market value of N163.6 billion under the N400 billion NREIT Issuance Programme.


What the listing details show
According to the NGX bulletin signed by the Head of Issuer Regulation, Godstime Iwenekhai, the listed fund carries the trading symbol NREIT, with ISIN NGCHDNREIT00, and will be traded under the name Nigeria Real Estate Investment Trust Fund.

Key parties to the transaction include:


Fund Manager: Chapel Hill Denham Management Limited
Stockbrokers: Chapel Hill Denham Securities Limited
Issuing House: Chapel Hill Denham Advisory Limited
Joint Trustee: Stanbic IBTC Trustees Limited
Custodian: Rand Merchant Bank Nigeria Limited
Registrar: Coronation Registrars Limited
The listing by introduction means that the units were not offered to the public at the time of listing but were admitted based on existing investor holdings and regulatory approvals under the N400 billion issuance programme.

What the listing means for Nigeria’s property investment market
The admission of the Chapel Hill Denham NREIT is expected to expand the depth of Nigeria’s alternative investment landscape at a time of rising appetite for income-generating assets.

The NREIT, structured to provide stable returns through diversified income from real estate assets, offers investors an opportunity to gain exposure to the property market. This is made possible without the high capital requirements and illiquidity associated with direct real estate ownership.

The NGX confirmed that the listing covers Series 1 to 4 of the programme, with a total of 1,588,617,222 units registered at a nominal value of N100 each but listed at a premium of N103.

Market analysts note that the listing could boost liquidity in the REITs segment of the market, which has seen renewed regulatory support and increased investor interest in 2025.

Implications for the Capital Market
The listing comes at a time when investors are seeking inflation-protective assets, particularly in real estate—one of the strongest-performing alternative asset classes in 2025. Market watchers say the move reinforces the NGX’s push to attract more real estate-backed instruments and strengthen capital formation for property development across the country.

Investment experts also consider the NREIT listing significant for Chapel Hill Denham, which has been expanding its footprint in infrastructure, real estate, and alternative investment management.

With structured oversight involving leading trustees, custodians, and registrars, the NREIT is expected to provide transparency, governance, and liquidity—key elements institutional investors demand.

What you need to know
The REIT offers investors exposure to diversified property assets with potential for stable income. The listing strengthens the NGX’s portfolio of real estate investment vehicles and provides another channel for mobilising long-term capital into Nigeria’s real estate sector.

Real Estate Investment Trusts (REITs) are structured to allow investors to participate in large, income-generating property assets without needing to buy property directly. This means retail and institutional investors can gain exposure to commercial and residential real estate via tradable securities on the stock exchange.

Fractional ownership lowers the entry barrier, enabling investors with modest capital to take part in the real estate market. Unlike direct property purchases that require large upfront sums and ongoing management, REIT units can be bought and sold easily on the NGX, improving accessibility and liquidity relative to traditional real estate.

As a Securities and Exchange Commission authorized Real Estate Investment Scheme, returns on investments as annual distribution are not less than 75% of its rental income or dividend income to unit holders.

The below is currently my portfolio on bamboo. I started investing last year just buying random stocks and all...

Experts in the house, I need insights; I want to optimize and trim down the portfolio to like 15. I know I am not really getting things right as I just buy stocks randomly. Gurus, which ones should I let go and which one not here should I add?

My goal is dividends and growth for long term.

1. Zenith Bank
2. GTCO (Guaranty Trust Holding Company)
3. Access Holdings
4. United Bank for Africa (UBA)
5. Fidelity Bank
6. Sterling Bank
7. Jaiz Bank
8. United Capital (UCAP)
9. AIICO Insurance
10. Unilever Nigeria
11. Cadbury Nigeria
12. Presco
13. Okomu Oil
14. Champion Breweries
15. Ellah Lakes
16. Oando
17. Aradel Holdings
18. Lafarge Africa (WAPCO)
19. UPDC REIT
20. Nigeria Infrastructure Debt Fund (NIDF)
21. Japaul Gold
22. Chams

replace ucap with Vfd

ManAdii:
The below is currently my portfolio on bamboo. I started investing last year just buying random stocks and all...

Experts in the house, I need insights; I want to optimize and trim down the portfolio to like 15. I know I am not really getting things right as I just buy stocks randomly. Gurus, which ones should I let go and which one not here should I add?

My goal is dividends and growth for long term.

1. Zenith Bank
2. GTCO (Guaranty Trust Holding Company)
3. Access Holdings
4. United Bank for Africa (UBA)
5. Fidelity Bank
6. Sterling Bank
7. Jaiz Bank
8. United Capital (UCAP)
9. AIICO Insurance
10. Unilever Nigeria
11. Cadbury Nigeria
12. Presco
13. Okomu Oil
14. Champion Breweries
15. Ellah Lakes
16. Oando
17. Aradel Holdings
18. Lafarge Africa (WAPCO)
19. UPDC REIT
20. Nigeria Infrastructure Debt Fund (NIDF)
21. Japaul Gold
22. Chams

My stock pick for 2026 in no particular order

TIP
NAHCO
NASCON
UBA
WAPCO
DANGSUGAR
TRANSCORP

I will set aside funds for DANGOTE FERTILISER, hopefully it will be listed this year.

Shalom

orriyomi33:
Good evening.
I'm still awaiting mine, don't know if it's been credited to my CSCS account.

How do one access a CSCS account, I'm finding it difficult creating one.

You can just ask your broker to provide your current CSCS statement. I got mine assigned last week and balance refunded to my account yday with interest

Please, kindly recommend a better one based on your experience. Bamboo charges just too much....e reach to send person back to the village

GeeKudi:
Hope you're not using Bamboo? They will send you back to the village if you are not careful.

Gerrard59:
Yes.

Investbamboo.

I am investing to take advantage of gains, but so far, some stocks have low volume liquidity. Stock go rise, to find person wey go buy na problem. I have observed Chellarams rises very high, but I don't know if it has a high volume liquidity.


Thanks. So, which platform do you recommend?

I think i will prefer you use direct brokers and not 3rd party brokers like bamboo.
For volume/liquidity, you may try to check the average weekly and 3-month volume before buying the stock.
It is a good guide to know if you are to buy and how much you should buy

emmaodet:
I think i will prefer you use direct brokers and not 3rd party brokers like bamboo.
For volume/liquidity, you may try to check the average weekly and 3-month volume before buying the stock.
It is a good guide to know if you are to buy and how much you should buy

Thank you for the information about direct brokers. I will research them. For volume liquidity, I will check on that. It seems I will enrol in the course you did sometime ago when I am fully settled.

Try CardinalStone; however, funding your account starts from 50k above, and withdrawal is swift.

talk2yommex2000:
Please, kindly recommend a better one based on your experience. Bamboo charges just too much....e reach to send person back to the village

Redoil:
replace ucap with Vfd

Why should he replace ucap with vfd?

You need to define your objective first . Why are you doing what you are doing?

ManAdii:
The below is currently my portfolio on bamboo. I started investing last year just buying random stocks and all...

Experts in the house, I need insights; I want to optimize and trim down the portfolio to like 15. I know I am not really getting things right as I just buy stocks randomly. Gurus, which ones should I let go and which one not here should I add?

My goal is dividends and growth for long term.

1. Zenith Bank
2. GTCO (Guaranty Trust Holding Company)
3. Access Holdings
4. United Bank for Africa (UBA)
5. Fidelity Bank
6. Sterling Bank
7. Jaiz Bank
8. United Capital (UCAP)
9. AIICO Insurance
10. Unilever Nigeria
11. Cadbury Nigeria
12. Presco
13. Okomu Oil
14. Champion Breweries
15. Ellah Lakes
16. Oando
17. Aradel Holdings
18. Lafarge Africa (WAPCO)
19. UPDC REIT
20. Nigeria Infrastructure Debt Fund (NIDF)
21. Japaul Gold
22. Chams

I stated my goal already

Raider76:
You need to define your objective first . Why are you doing what you are doing?

I have searched endlessly for the prospectus of this REIT. Can someone please help me?

Redoil:
Chapel Hill Denham lists N163.6 billion NREIT on NGX
Kelechi Mgboji by Kelechi Mgboji December 31, 2025
Chapel Hill Denham dominates NGX brokerage charts of top 10 firms in weekly trading

Chapel Hill Denham Management Limited has achieved a major milestone in Nigeria’s property-backed securities market with the Listing by Introduction of 1.59 billion units of its Nigeria Real Estate Investment Trust (NREIT) on the Main Board of the Nigerian Exchange Limited (NGX).

The listing, which took effect today, December 31, 2025, represents one of the largest REIT admissions on the Exchange and marks a significant step in deepening real estate investment opportunities for institutional and retail investors.

The units were listed at N103 per unit, giving the fund an implied market value of N163.6 billion under the N400 billion NREIT Issuance Programme.


What the listing details show
According to the NGX bulletin signed by the Head of Issuer Regulation, Godstime Iwenekhai, the listed fund carries the trading symbol NREIT, with ISIN NGCHDNREIT00, and will be traded under the name Nigeria Real Estate Investment Trust Fund.

Key parties to the transaction include:


Fund Manager: Chapel Hill Denham Management Limited
Stockbrokers: Chapel Hill Denham Securities Limited
Issuing House: Chapel Hill Denham Advisory Limited
Joint Trustee: Stanbic IBTC Trustees Limited
Custodian: Rand Merchant Bank Nigeria Limited
Registrar: Coronation Registrars Limited
The listing by introduction means that the units were not offered to the public at the time of listing but were admitted based on existing investor holdings and regulatory approvals under the N400 billion issuance programme.

What the listing means for Nigeria’s property investment market
The admission of the Chapel Hill Denham NREIT is expected to expand the depth of Nigeria’s alternative investment landscape at a time of rising appetite for income-generating assets.

The NREIT, structured to provide stable returns through diversified income from real estate assets, offers investors an opportunity to gain exposure to the property market. This is made possible without the high capital requirements and illiquidity associated with direct real estate ownership.

The NGX confirmed that the listing covers Series 1 to 4 of the programme, with a total of 1,588,617,222 units registered at a nominal value of N100 each but listed at a premium of N103.

Market analysts note that the listing could boost liquidity in the REITs segment of the market, which has seen renewed regulatory support and increased investor interest in 2025.

Implications for the Capital Market
The listing comes at a time when investors are seeking inflation-protective assets, particularly in real estate—one of the strongest-performing alternative asset classes in 2025. Market watchers say the move reinforces the NGX’s push to attract more real estate-backed instruments and strengthen capital formation for property development across the country.

Investment experts also consider the NREIT listing significant for Chapel Hill Denham, which has been expanding its footprint in infrastructure, real estate, and alternative investment management.

With structured oversight involving leading trustees, custodians, and registrars, the NREIT is expected to provide transparency, governance, and liquidity—key elements institutional investors demand.

What you need to know
The REIT offers investors exposure to diversified property assets with potential for stable income. The listing strengthens the NGX’s portfolio of real estate investment vehicles and provides another channel for mobilising long-term capital into Nigeria’s real estate sector.

Real Estate Investment Trusts (REITs) are structured to allow investors to participate in large, income-generating property assets without needing to buy property directly. This means retail and institutional investors can gain exposure to commercial and residential real estate via tradable securities on the stock exchange.

Fractional ownership lowers the entry barrier, enabling investors with modest capital to take part in the real estate market. Unlike direct property purchases that require large upfront sums and ongoing management, REIT units can be bought and sold easily on the NGX, improving accessibility and liquidity relative to traditional real estate.

As a Securities and Exchange Commission authorized Real Estate Investment Scheme, returns on investments as annual distribution are not less than 75% of its rental income or dividend income to unit holders.

ManAdii:
The below is currently my portfolio on bamboo. I started investing last year just buying random stocks and all...

Experts in the house, I need insights; I want to optimize and trim down the portfolio to like 15. I know I am not really getting things right as I just buy stocks randomly. Gurus, which ones should I let go and which one not here should I add?

My goal is dividends and growth for long term.

1. Zenith Bank
2. GTCO (Guaranty Trust Holding Company)
3. Access Holdings
4. United Bank for Africa (UBA)
5. Fidelity Bank
6. Sterling Bank
7. Jaiz Bank
8. United Capital (UCAP)
9. AIICO Insurance
10. Unilever Nigeria
11. Cadbury Nigeria
12. Presco
13. Okomu Oil
14. Champion Breweries
15. Ellah Lakes
16. Oando
17. Aradel Holdings
18. Lafarge Africa (WAPCO)
19. UPDC REIT
20. Nigeria Infrastructure Debt Fund (NIDF)
21. Japaul Gold
22. Chams

Nothing is wrong with your portfolio. Since you are dividend oriented and for long term, you may need to increase the following stocks: Zenith Bank, GTCO, UBA, UCAP, Presco, Okomu, Aradel, Wapco, and NIDF. Then you just leave the others to still remain in your portfolio, if you sell them now, you may never get them at the same entry price.

Hope this had been helpful

Redoil:
replace ucap with Vfd

Why

Shalom428:
My stock pick for 2026 in no particular order

TIP
NAHCO
NASCON
UBA
WAPCO
DANGSUGAR
TRANSCORP

I will set aside funds for DANGOTE FERTILISER, hopefully it will be listed this year.

Shalom

Watin una dey see for this TIP.

Jayce242:
Don't mind him
2 years after subsidy removal there has been no single impact on the life of an average Nigerian, apart from the endless borrowing & looting. Now they have come up with income tax because election is around the corner, they need more money for rigging & someone is talking about misinformation & ignorance. If we had accountable leaders, people will gladly pay 30% on income tax, but knowing fully well these monies will end up in the pocket of our politicians & their children makes it a very hard thing to do.

If income tax payment were made obligatory and at the benevolence of earners, 90% of tax income worldwide will never reach government coffers. Thats why a legal implication exists for default, false declaration or outright evasion.
However, there is no legal limits to demand transparency, proper account, citizen access to govt records, etc.
Thats where to direct our energy and hope to get results

Bizibi:
the leakages in the system is too much. From those in Villa to nass to MDA to states to local government..... federal level have its leakages,state level is the worst. REVENUE GENERATION IS NOT NIGERIA'S PROBLEM.

Revenue generation is a big problem in Nigeria

African nation budgets 2026
South Africa - $150bn
Algeria - $126bn
Egypt - $91bn
Morocco - $83bn
Kenya - $33bn
Ghana - $31b
Nigeria - $40bn

Its insane to even think Nigeria does not have a revenue problem
South Africa can put Nigeria entire$40bn in public education or power projects alone and still have almost 3 times our total budget to invest in other sectors. And someone suggest we should remain at $40bn to outcompete these African countries in the quest for human development and industrial investment attraction? Are we joking here?

ManAdii:
I stated my goal already

With your goal in mind, you don’t need anybody to tell you what you should add or remove.

For instance i would likely have upwards of 40 stocks in my portfolio every year why? It is based on my approach and objective - which is buy the most discounted stock with the best long term value, every month. No matter what that stock is.

Everybody can have his/her pattern. No be the same shoe size everybody dey wear. Stick with your conviction.

KarlTom:
You should take Wikipedia with a pinch of salt.

Sen. Yari is an accomplished businessman even before he ventured into politics. I, however, cannot say much about his wealth...

What does he buy and sell to accumulate over 800bn used to buy GEREGU?
Was a bank loan added to make up the purchase cost?

Will be interesting to see his tax payments while doing business

Yes you did. Sorry I didn't see that. Well here's a video I saw recently on dividend paying stocks. I am sure you can find one on growth stocks.



https://www.youtube.com/watch?v=E19IHHEoako?si=Akgbb_9gWMQUgbL3

ManAdii:
I stated my goal already

Ovamboland:
Revenue generation is a big problem in Nigeria

African nation budgets 2026
South Africa - $150bn
Algeria - $126bn
Egypt - $91bn
Morocco - $83bn
Kenya - $33bn
Ghana - $31b
Nigeria - $40bn

Its insane to even think Nigeria does not have a revenue problem
South Africa can put Nigeria entire$40bn in public education or power projects alone and still have almost 3 times our total budget to invest in other sectors. And someone suggest we should remain at $40bn to outcompete these African countries in the quest for human development and industrial investment attraction? Are we joking here?

How have u been using the little 40 billion u have is what u didn't tell us.If a thief sees 40 and loots it.What makes u think if he sees 100 he won't still loot it.Are you saying the looting depends on the amount available.

Harddiskng:
With your goal in mind, you don’t need anybody to tell you what you should add or remove.

For instance i would likely have upwards of 40 stocks in my portfolio every year why? It is based on my approach and objective - which is buy the most discounted stock with the best long term value, every month. No matter what that stock is.

Everybody can have his/her pattern. No be the same shoe size everybody dey wear. Stick with your conviction.

I would have agreed with u here because I don't know your financial power.
Then I have tried it in the past and now I don't fancy it.It makes you have little of everything which makes you lose out in the big performing stocks. So I have been rebalancing to have concentration on not more than 12 in investment portfolio. Then have another portfolio for jijo games

Streetinvestor2:
How have u been using the little 40 billion u have is what u didn't tell u.If a thief sees 40 and loots it.What makes u think if he sees 100 he won't still loot it. Are you saying the looting depends on the amount available.

LOL...Hahhahahaha

Streetinvestor2:
I would have agreed with u here because I don't know your financial power.
Then I have tried it in the past and now I don't fancy it.It makes you have little of everything which makes you lose out in the big performing stocks. So I have been rebalancing to have concentration on not more than 12 in investment portfolio. Then have another portfolio for jijo games

It is working perfectly for me plus i don’t any concentration risk. Plus it’s to happen with my approach, I don’t plan for sell any for a very long time. I only keep consolidating them, any month they fall under the top pick for the month.

Well all man has to follow their conviction, there is no hard and fast route; in this market when nobody has the power to tell the future decisively.

Ovamboland:
Revenue generation is a big problem in Nigeria

African nation budgets 2026
South Africa - $150bn
Algeria - $126bn
Egypt - $91bn
Morocco - $83bn
Kenya - $33bn
Ghana - $31b
Nigeria - $40bn

Its insane to even think Nigeria does not have a revenue problem
South Africa can put Nigeria entire$40bn in public education or power projects alone and still have almost 3 times our total budget to invest in other sectors. And someone suggest we should remain at $40bn to outcompete these African countries in the quest for human development and industrial investment attraction? Are we joking here?

And we don't even generate the $40b as we barely raise half of the money as revenue in a year.

Gerrard59:
Yes.

Investbamboo.

I am investing to take advantage of gains, but so far, some stocks have low volume liquidity. Stock go rise, to find person wey go buy na problem. I have observed Chellarams rises very high, but I don't know if it has a high volume liquidity.


Thanks. So, which platform do you recommend?

Read also to understand the business of the stock as well if it has potentials.
If anything goes south and you get trapped.
You might be more accepting staying long term until liquidity surfaces.

Match the business with your strategy, long/short term goals before buying into any stock just based on liquidity.


As @Emmaodet advised, use direct brokers if possible rather than sub-brokers.
There are numerous on this platform if you prompt well.

You can as well searchout top 10-15 brokerage firms for a start. (not a guarantee of efficiency though, but helps narrow your risks.).
other Approved ones are also listed on the NGX website.
Contact and Compare rates and fees.

The deal was "financed by a consortium of banks led by Zenith Bank..."

Ovamboland:
What does he buy and sell to accumulate over 800bn used to buy GEREGU?
Was a bank loan added to make up the purchase cost?

Will be interesting to see his tax payments while doing business