₦airaland Forum

awesomeJ:
They can't task portfolio size na.

Based on the tax law, Agba with N5bn may pay less taxes than someone with a N20m portfolio.

It won't make taiwo not to put Eagle eye on him as HNI.i hope u remember they say thr target is 10% in the population which is obviously a lier too but he don qualify for that 10%

Streetinvestor2:
I think it could help half way.The majority or big holder who wants to move the stock at 100k rule will have to sacrifice not that kind big loss again. if what he wants to gain in future is large.Thereby creating liquidity as the gap closes which will equally attract other holders to close the gap more.i hope I am making sense. The sacrifice can easily go round to close the gap even from traders like u

Yes you're making much sense.

If they split 10 for 1, the 5k gap reduces to #500, then the loss from selling 100k units on ngx is N50m instead of N500m.

Streetinvestor2:
It won't make taiwo not to put Eagle eye on him as HNI.i hope u remember they say thr target is 10% in the population which is obviously a lier too but he don qualify for that 10%

With N5bn, Agba is in top 0.1%

Some estimates say only 7000 millionaires are in Nigeria.

Agba is one of them.

7000 is 0.007% of 100m adults in Nigeria.

awesomeJ:
Yes you're making much sense.

If they split 10 for 1, the 5k gap reduces to #500, then the loss from selling 100k units on ngx is N50m instead of N500m.

So at the end like 10 holder will take different small loss and gap will be covered and everyone moves to gain as the stock becomes active and possiblly appreciate than being stagnant

awesomeJ:
With N5bn, Agba is in top 0.1%

Some estimates say only 7000 millionaires are in Nigeria.

Agba is one of them.

7000 is 0.007% of 100m adults in Nigeria.

leave agba na content creator..lol. Na pa Emma who iD is not faceless based on other social media engagements

Streetinvestor2:
So at the end like 10 holder will take different small loss and gap will be covered and everyone moves to gain as the stock becomes active and possiblly appreciate than being stagnant

Yes exactly.

The only problem here is that we're trying to shift the responsibility of an efficient market to the companies while it should be on the NGX.

When they last revised that rule in 2019, only one stock traded above #600.

They changed it to avoid distortions to the index, but they inadvertently created a bigger problem of illiquidity. It's almost 7 years now, there are 7 stocks trading above 600 and MTNN may soon join too.

Streetinvestor2:
leave agba na content creator..lol. Na pa Emma who iD is not faceless based on other social media engagements

Agba and Pa Emma are among the 7000 millionaires in Nigeria.

awesomeJ:
With N5bn, Agba is in top 0.1%

Some estimates say only 7000 millionaires are in Nigeria.

Agba is one of them.

7000 is 0.007% of 100m adults in Nigeria.

Naira or dollar millionaires

nosa2:
Naira or dollar millionaires

Another humour 😁??

Saudi to open financial market to all foreign investors from Feb 1

https://www.khaleejtimes.com/world/gulf/saudi-to-open-financial-market-to-all-foreign-investors-from-feb-1

Somewhere to go and escape the CGT?

Raider76:
Saudi to open financial market to all foreign investors from Feb 1

https://www.khaleejtimes.com/world/gulf/saudi-to-open-financial-market-to-all-foreign-investors-from-feb-1

Somewhere to go and escape the CGT?

This is a good one. Saudi here we come

awesomeJ:
Agba and Pa Emma are among the 7000 millionaires in Nigeria.

I am not

emmanuelewumi:
I am not

You already have the seeds planted.
I'll ask again when PRESCO hits 3000.

awesomeJ:
They can't task portfolio size na.

Based on the tax law, Agba with N5bn may pay less taxes than someone with a N20m portfolio.

Thank God say na you dem go hold to come explain who be Agba wey get 5B

Agbalowomeri:
Thank God say na you dem go hold to come explain who be Agba wey get 5B

If not for your fixed deposit, aren't you supposed to be on N20b already.

Imagine if you bought some E stocks instead of fixed deposit.

awesomeJ:
You already have the seeds planted.
I'll ask again when PRESCO hits 3000.

Stock that will sell for N7000 in the next 5 years or less, if they continue with their growth and efficiency

emmanuelewumi:
Stock that will sell for N7000 in the next 5 years or less, if they continue with their growth and efficiency

And since you will keep loading more. It means hitting $1m for you is happening in 5 years or less.

Good evening everyone.
Please anyone knowledgeable about Wema Bank is Alat investment? Is it a good place to invest ? What are their numbers?
I remember a few people mentioning it here.

@Locotrader or @stockpromoter and some others I think

https://open.spotify.com/episode/2UWRkPhzWLxE940m1bwKrD

Here's a summary of today's trading session on the NGX.

https://businessday.ng/news/article/nigerias-money-supply-hits-historic-high-of-n122-9trn-despite-cbns-policy-tightening/

Those expecting a significant reduction in MPR by CBN might have to wait longer.....

KarlTom:
Edwardaigb is simply planning his finances which points to Tax Avoidance (a legal action).

You probably meant to say Tax Evasion which is applicable at the point of filing...

Thanks KarlTom for the explanation

The way people react to this CGT is something else.

It has been clearly stated that you get taxed when your profit is over 10 million or your transaction is over 150 million.

Agbalowomeri:
Na ASO SAVINGS woundjured mummy wa into vacation. She will be back soon

Chief Agbalowomeri,

Happy new year to you and your babes.

When are you entering the market?

emmanuelewumi:
Stock that will sell for N7000 in the next 5 years or less, if they continue with their growth and efficiency

Is palm oil immune to the commodity cycle?

Oasisblue:
Why does Aradel always have huge volumes on offer each time the stock price makes a modest appreciation? This is a weird phenomenon. Does it mean so many people had this stock when it was very cheap? I think it was listed at N709, hence the current price is just a modest gain. Why are people soeager to sell? The company should be giving the Seplats of this world a run for their money on the NGX based on their books and their assets.

The market can be irrational.

This is a golden opportunity for those interested to accumulate.

Rabiu alone made over ₦9 trillion in capital gains from the stock market in 2025.

Read that again.
Slowly.

For context.

₦9 trillion is about one-third of Nigeria’s entire 2024 national budget
One man. From capital gains.

Let me break the numbers down.

₦1 trillion = ₦1 billion repeated 1,000 times
₦9 trillion = ₦1 billion repeated 9,000 times

Still abstract.
Let’s go further.

Assume this.

He spends ₦1 billion every single month
For 50 years straight

That is:

50 years = 600 months
₦1 billion × 600 months = ₦600 billion

Now pause.

From ₦9 trillion.

After 50 years of spending ₦1 billion monthly
He would still have about ₦8.4 trillion left

Let that sink in.

It will take 750 years Of spending ₦1 billion every single month to exhaust ₦9 trillion

This is not hype.
This is simple arithmetic.

This is why ownership matters.

This is what markets do.

• They reward ownership
• They multiply patience
• They scale capital beyond effort

Wealth is quiet.
But the numbers are loud.

LET US LEARN FROM BILLIONAIRE - RABIU

Ah. I thought CBN said those two banks can appeal their revocation. Why is CBN now putting obstacles on their way?

pluto09:
https://www.premiumtimesng.com/news/top-news/847899-licence-revocation-cbn-ndic-oppose-hearing-of-aso-savings-union-homes-suit.html

Agbalowomeri:
Is palm oil immune to the commodity cycle?

What's the relevance of cycle here? If thousands of hecatares in new acquisitions start yielding massively?

You make it sound like the earnings will be flat. Even at constant earnings multiple, as long as the E increase, the P will increase too.

Oga nosa, I hope you see what yeye government is doing with money supply that you say naira is sure bet for 10yrs
I won't be surprised the failed government could even be print naira from back door. When they step down by 2027 the truth will come out

ogawisdom:
Rabiu alone made over ₦9 trillion in capital gains from the stock market in 2025.

LET US LEARN FROM BILLIONAIRE - RABIU

Capital gains on paper abi na real cashout? I didn't hear any news of him selling off his holdings though, unlike Uncle Femi Ote$

Raider76:
Ah. I thought CBN said those two banks can appeal their revocation. Why is CBN now putting obstacles on their way?

They revoked those licences based on something different but can't be based on regulatory standards.
Why did they do everything to support unity Bank even still at this time.
They have someone interest to destroy in aso savings while they have someone interest to protect in unity bank.Why not allow them recapitalize and see if they will not be able. Or get acquired by another company .
Look at the speed ndic want to act like it is not same organisation that takes yrs to act