₦airaland Forum

DND069:
Bro, please which app do you use in running your stock. I actually love your portfolio. Very enticing.

Mankind2024:
When Savings and Investment Are Not Optional, but a Priority
Growing up with Iya Ijebu, my late maternal grandmother, shaped my mindset about money. I ended up living with her because my father was a polygamist — three wives, many children. Resources were stretched, and everyone had to learn early.
I remember that at age six, I already had a kolo (a clay piggy bank). She would give me coins to put inside it. More importantly, she taught me discipline — I had to keep it in a secret place where only I knew. I enjoyed filling my kolo with the Nigerian coins of those days. Apologies to the generation of Nigerians who never had the privilege of spending coins.
Fast forward. After high school, while waiting for my SSCE results, I worked at a construction site known locally as Birisoke (a Yoruba term). You earned your money in cash at the end of each day. That experience taught me the dignity of labour and the value of money earned through sweat.
By God's grace, I passed my SSCE with five credits and four distinctions. University admission, however, did not come easily. The era of late Abacha was marked by endless strikes. Looking back, those years felt even tougher than the present economic situation in Nigeria.
Eventually, I gained admission into my favourite varsity — Aqua Marine. The Akokites will understand the reference.
After graduating with a Second Class Upper, NYSC posted me to Abuja. At the end of my service year, I travelled across Nigeria searching for a job that never seemed to exist. But giving up was never an option.
Eventually, I was privileged to secure employment with the Federal Government. I was deployed to a toxic ministry where I quickly realised that your degree does not automatically place you above a director or manager with an ordinary level certificate or even an Arabic certificate, who has spent 10–20 years in service. You are answerable to them. The system is structured around “first come, first rise.”
After three years, I knew that environment was not for me.
Then opportunity came. A retiring merchant was selling his business in a prime location in Abuja — high human and vehicular traffic (don’t ask me the location). I took a bold step. I bid for the business and financed it using a personal loan, proceeds from disposed equities, and an aggressive investment fund I had been consistently building.
By the grace of God, the business returned my purchase price twofold in the first 12 months.
The rest, as they say, is history.
When life was tough, I blamed everyone — the government, Goodluck Jonathan, and even the so-called village people. Today, I see things differently. Government is not the primary reason many people struggle. Even the “village people” have their own trailer loads of problems.
The real issue is mindset.
Learn from many Igbo traders in Abuja. Some never worked for government, some never attended formal universities, many speak mostly pidgin English, yet communicate effectively in Hausa. They are extremely successful in their chosen entrepreneurship.
Meanwhile, many graduates with multiple degrees and polished grammar are still waiting for government rescue.
From my observation, there may never be collective prosperity in Nigeria. Individuals must free themselves from the oppressive system through personal initiative.
I refused to japa because I am my own boss. I believe my colleagues who relocated abroad cannot look down on me in any endeavour of life.
If I have just one request from the Nigerian government, it would be this: fix electricity. I want to venture into a 20-ton agro-processing factory capable of turning ₦2 billion into ₦8 billion within five years. The only limiting factor is stable electricity. Diesel or solar significantly erodes both seed capital and projected profits, based on my feasibility studies.
Finally, savings and investment are not optional — they are priorities.
We should enjoy life, but also plan for the years ahead.
With God, we will surely reach our goals.
NGX mission: ₦1B achieved.
NYSE mission: $1M — on course.

Mankind2024:
When Savings and Investment Are Not Optional, but a Priority
Growing up with Iya Ijebu, my late maternal grandmother, shaped my mindset about money. I ended up living with her because my father was a polygamist — three wives, many children. Resources were stretched, and everyone had to learn early.
I remember that at age six, I already had a kolo (a clay piggy bank). She would give me coins to put inside it. More importantly, she taught me discipline — I had to keep it in a secret place where only I knew. I enjoyed filling my kolo with the Nigerian coins of those days. Apologies to the generation of Nigerians who never had the privilege of spending coins.
Fast forward. After high school, while waiting for my SSCE results, I worked at a construction site known locally as Birisoke (a Yoruba term). You earned your money in cash at the end of each day. That experience taught me the dignity of labour and the value of money earned through sweat.
By God's grace, I passed my SSCE with five credits and four distinctions. University admission, however, did not come easily. The era of late Abacha was marked by endless strikes. Looking back, those years felt even tougher than the present economic situation in Nigeria.
Eventually, I gained admission into my favourite varsity — Aqua Marine. The Akokites will understand the reference.
After graduating with a Second Class Upper, NYSC posted me to Abuja. At the end of my service year, I travelled across Nigeria searching for a job that never seemed to exist. But giving up was never an option.
Eventually, I was privileged to secure employment with the Federal Government. I was deployed to a toxic ministry where I quickly realised that your degree does not automatically place you above a director or manager with an ordinary level certificate or even an Arabic certificate, who has spent 10–20 years in service. You are answerable to them. The system is structured around “first come, first rise.”
After three years, I knew that environment was not for me.
Then opportunity came. A retiring merchant was selling his business in a prime location in Abuja — high human and vehicular traffic (don’t ask me the location). I took a bold step. I bid for the business and financed it using a personal loan, proceeds from disposed equities, and an aggressive investment fund I had been consistently building.
By the grace of God, the business returned my purchase price twofold in the first 12 months.
The rest, as they say, is history.
When life was tough, I blamed everyone — the government, Goodluck Jonathan, and even the so-called village people. Today, I see things differently. Government is not the primary reason many people struggle. Even the “village people” have their own trailer loads of problems.
The real issue is mindset.
Learn from many Igbo traders in Abuja. Some never worked for government, some never attended formal universities, many speak mostly pidgin English, yet communicate effectively in Hausa. They are extremely successful in their chosen entrepreneurship.
Meanwhile, many graduates with multiple degrees and polished grammar are still waiting for government rescue.
From my observation, there may never be collective prosperity in Nigeria. Individuals must free themselves from the oppressive system through personal initiative.
I refused to japa because I am my own boss. I believe my colleagues who relocated abroad cannot look down on me in any endeavour of life.
If I have just one request from the Nigerian government, it would be this: fix electricity. I want to venture into a 20-ton agro-processing factory capable of turning ₦2 billion into ₦8 billion within five years. The only limiting factor is stable electricity. Diesel or solar significantly erodes both seed capital and projected profits, based on my feasibility studies.
Finally, savings and investment are not optional — they are priorities.
We should enjoy life, but also plan for the years ahead.
With God, we will surely reach our goals.
NGX mission: ₦1B achieved.
NYSE mission: $1M — on course.

Ibrahim505:
This one is strenthening the thread by narrating his journey to billionaire status thanks to wise use of time and practical application of personal finance principles.
Unfortunately, the naysayers here will throw stones at you, hope your emotional intelligence is strong. @ahiboilandgas and @bovali used to sent an inspiring message here until the naysayers kicked them out of the threads.

Mankind2024:
When Savings and Investment Are Not Optional, but a Priority
Growing up with Iya Ijebu, my late maternal grandmother, shaped my mindset about money. I ended up living with her because my father was a polygamist — three wives, many children. Resources were stretched, and everyone had to learn early.
I remember that at age six, I already had a kolo (a clay piggy bank). She would give me coins to put inside it. More importantly, she taught me discipline — I had to keep it in a secret place where only I knew. I enjoyed filling my kolo with the Nigerian coins of those days. Apologies to the generation of Nigerians who never had the privilege of spending coins.
Fast forward. After high school, while waiting for my SSCE results, I worked at a construction site known locally as Birisoke (a Yoruba term). You earned your money in cash at the end of each day. That experience taught me the dignity of labour and the value of money earned through sweat.
By God's grace, I passed my SSCE with five credits and four distinctions. University admission, however, did not come easily. The era of late Abacha was marked by endless strikes. Looking back, those years felt even tougher than the present economic situation in Nigeria.
Eventually, I gained admission into my favourite varsity — Aqua Marine. The Akokites will understand the reference.
After graduating with a Second Class Upper, NYSC posted me to Abuja. At the end of my service year, I travelled across Nigeria searching for a job that never seemed to exist. But giving up was never an option.
Eventually, I was privileged to secure employment with the Federal Government. I was deployed to a toxic ministry where I quickly realised that your degree does not automatically place you above a director or manager with an ordinary level certificate or even an Arabic certificate, who has spent 10–20 years in service. You are answerable to them. The system is structured around “first come, first rise.”
After three years, I knew that environment was not for me.
Then opportunity came. A retiring merchant was selling his business in a prime location in Abuja — high human and vehicular traffic (don’t ask me the location). I took a bold step. I bid for the business and financed it using a personal loan, proceeds from disposed equities, and an aggressive investment fund I had been consistently building.
By the grace of God, the business returned my purchase price twofold in the first 12 months.
The rest, as they say, is history.
When life was tough, I blamed everyone — the government, Goodluck Jonathan, and even the so-called village people. Today, I see things differently. Government is not the primary reason many people struggle. Even the “village people” have their own trailer loads of problems.
The real issue is mindset.
Learn from many Igbo traders in Abuja. Some never worked for government, some never attended formal universities, many speak mostly pidgin English, yet communicate effectively in Hausa. They are extremely successful in their chosen entrepreneurship.
Meanwhile, many graduates with multiple degrees and polished grammar are still waiting for government rescue.
From my observation, there may never be collective prosperity in Nigeria. Individuals must free themselves from the oppressive system through personal initiative.
I refused to japa because I am my own boss. I believe my colleagues who relocated abroad cannot look down on me in any endeavour of life.
If I have just one request from the Nigerian government, it would be this: fix electricity. I want to venture into a 20-ton agro-processing factory capable of turning ₦2 billion into ₦8 billion within five years. The only limiting factor is stable electricity. Diesel or solar significantly erodes both seed capital and projected profits, based on my feasibility studies.
Finally, savings and investment are not optional — they are priorities.
We should enjoy life, but also plan for the years ahead.
With God, we will surely reach our goals.
NGX mission: ₦1B achieved.
NYSE mission: $1M — on course.

Afromentalist:
His story is very difficult to believe. He invested 1 million in 2015/2016 and now just hit 1 billion in 2026.

ayobama1:
That you don't believe his story doesn't stop it from being his story. If the story interests you, the right question to him should be "how" did he do it.

Afromentalist:
It is precisely because the how does not add up that I do not believe. Extraordinary claims require extraordinary evidences.

ayobama1:
Unfortunately he owes no one any explanation unless he voluntarily chooses to do so.

We should stop judging others from our own circumstances and experience to validate our biases. Even if you doubt any claim, seeking clarification would be the appropriate way to go about it while retaining your doubts. Over and out.

Mankind2024:
I don’t know your profession, but let me share this from experience:
The fastest route to financial freedom in Nigeria is to exit the civil service golden handcuff(aka civilised slavery). Entrepreneurship remains the unmatched leverage in our environment. Consistent daily cash flow from your own business will always beat a monthly paycheck.
Be your own boss. Work hard, stay humble, and always have your personal reason for buying any stock. Take time to read and truly understand the fundamentals of the companies you invest in. Learning never stops.
Be consistent. Be patient. Be disciplined. Never do “copy-copy.”
A clear example happened earlier today. Pa Emmanuel sold his NGX Group shares. Many people who trust him might have followed suit and sold theirs too.
As for me, my 250,000 plus units of NGX Group — which I have been buying steadily since it listed and continued buying even up to the last bonus and dividend closure — are still intact and untouchable.
I once bought CSCS Plc years ago simply because Pa Emmanuel bought it. Later, through my own research, I discovered the company has a very strong economic moat, just like NGX Group. I have never sold a single unit. I continue to enjoy the regular “tasere” dividends they pay. I boarded at around ₦17, watched it climb to over ₦70, and later saw it return to mean — obeying the law of gravity. I’m not sure if Mr. Emmanuel still holds his own position, as he hasn’t mentioned it in a while.
If you truly want to enjoy the power of compounding, avoid the habit of booking profits too early — especially when you are not facing any emergency.
Focus on your long-term goals. Sometimes the reward comes earlier than you planned.
Stay disciplined, my brothers and sisters. The journey is long, but it is very rewarding for those who remain patient.

Mankind2024:
You are deceiving yourself.
First, (TRANSEXPR) was never a liquid stock in 2025. I even attempted to sell some shares at a point and found no ready buyer.

Afromentalist:
His story is very difficult to believe. He invested 1 million in 2015/2016 and now just hit 1 billion in 2026.

Afromentalist:
He owes nobody an explanation, and I do not owe him blind belief in the name of inspiration. He is the one trying hard to portray himself as a nigerian warren buffet, which is his right. If he desperately wants people to believe him as the oracle of lagos, he should bring forward coherent and logical stories.

Mankind2024:
My faceless brother, calm down.
I owe you no explanation, and you certainly don’t owe me blind belief. You’re free to doubt, just as I’m free to share my journey.
Gone are the days when I used to be a veteran in online warfare in the political section of Nairaland. Today, I simply ignore the comments of opium and copium addicts like you.
I have grown. I no longer release the “GB56 Massive Ordinance” stone words on faceless critics who contribute nothing but negativity.
If you find my stories incoherent and illogical, that’s fine. Scroll past. No one is forcing you to read or believe anything.
I’m not trying to be the “Nigerian Warren Buffett” or the “Oracle of Lagos.” I’m just an ordinary enterpreneur sharing my real investing experiences — the wins, the lessons, and the discipline behind them.
If that bothers you so much, the block button is still working perfectly.
Stay blessed.

Agbalowomeri:
I hope we haven't forgotten our challenge here on this thread. Who is still in or una don go chop Una profit and capital?

1m in 10 trades with 100% profit each = 1B
Never forget that

Mankind2024:
Frugality Is Not Deprivation
To some Nigerians, especially in Yoruba culture, frugality is often mistaken for alaroro — stinginess. But in the context of financial independence, frugality simply means eliminating waste and avoiding anything that does not add value to your life.
Many Yoruba readers will relate to the habits of constant aso ebi, owo ẹgbẹ, and other social contributions made just to “feel among.” These expenses quietly drain resources that could otherwise build long-term wealth.
Frugality is the discipline of avoiding wastage of scarce resources. For instance, my phone is a Samsung A56 with no fault. Buying an S24 simply to “feel among” adds no real value. This mindset is what destroys the foundation of financial independence, and I am not a fan of it.
Frugality does not mean my children will not attend good schools. In fact, I pay over ₦6 million in school fees yearly for the three of them.
Frugality is not a reason I refuse to help people or avoid so-called black tax. I spend an average of ₦500,000 monthly supporting others.
Frugality also does not prevent me from enjoying life. I go out once in a while and treat myself. My body no longer tolerates alcohol like in my younger years, but I still enjoy burukutu, which is readily available in Abuja.
Frugality has never taught me to deprive myself of the merits of life.
It has taught me prioritisation.
Prioritisation of savings.
Prioritisation of investment and diversification.
Prioritisation of financial independence.

Dupeodus:
No worries, brother. You used the phrase, 'extreme frugality' and I got the picture of a person I know with 6 brand new terraces at Lekki phase one but still drives a rickety car abroad where he resides. I am glad you mentioned my posts on AIICO. I should let you know that I exited the position to three big bangs just before the run up in insurance companies because I felt the banks were in the position AIICO was when I started to accumulate it, added to higher dividend potential. I do not have any regrets though as the current bull market has pushed the portfolio beyond the ₦1 billion mark and I believe there is still a long runway for growth for the banks. Over the 10 years or so focus on AIICO with less than 15% of the portfolio on UBA and Zenith, I cannot say that I put in more than , ₦100 million.

Mankind2024:
In the Investment Marathon, Crossing a Milestone is a Thing of Joy.
I know many members of this forum would love to celebrate hitting their own milestones. For me, it’s really no big deal. If I had not read widely and learned from the experiences of successful investors, I wouldn’t be where I am today.
This is a faceless forum and no one knows me personally, but I feel indebted if I don’t share the secret that propelled my NGX portfolio to 10-figure paper assets.
First, my deepest appreciation goes to the Almighty God. I also owe a huge debt of gratitude to the Berkshire Hathaway legends — the late Charlie Munger and Warren Buffett. I have studied them so deeply that I can recite many of their guiding principles verbatim.
The first major battle I won in this marathon journey was defeating self-sabotage.
The reason many retail investors struggle to reach meaningful milestones is self-sabotage, combined with over-reliance on rumours, greed, and fear. I remember how, in the early days, I once blamed my broker for recommending poorly performing stocks which later return 10X. In anger, I sold off everything. Those were the days when you had to fill physical forms and email them to your broker before any transaction could go through.
Most of the time, I didn’t even know what I wanted. I was just chasing the crowd with zero fundamental knowledge — pure self-help mixed with self-sabotage.
Fast forward a few years, I came across an online website that allowed users to download free investing eBooks. I believe I was the first person to share the link in this forum back in 2015/16 (the site seems to be malfunctioning these days www.pdfdrive.net).
The moment I started applying the core principles of Berkshire Hathaway as taught by Warren Buffett and Charlie Munger, everything began to change. The light of prosperity came from three simple rules: Spend less, save more, and invest consistently — then allow the power of compounding to do the heavy lifting.
I stopped interfering with my portfolio. That discipline alone turned an investment of ₦1,000,000 into over ₦30,000,000.
Before I saw this light, I was a fierce critic of President Jonathan. I blamed him for almost everything wrong in my life. Today, I can’t even remember the various monikers I used to call him back then. I now understand fully that the government is not the primary reason most people fail to succeed.
The day I realised that abundant wealth begins in the mind, I started thinking and acting differently.
It is indeed a sweet milestone — especially in a nation where over 90% of citizens cannot boast of ₦100 million in liquid assets. Here I am today, saying with gratitude: Ebenezeri! The Lord has done it for me.
Another powerful lesson I learned from the Berkshire Hathaway legends is this:
If you cannot watch your portfolio lose 50% during a bear market or downturn and still stay invested, then you have no business in the stock market.
During the recent Strait of Hormuz tensions, my NYSE portfolio was badly battered. At the lowest point, I had an unrealised loss of $28,000. But I did nothing. I remained fully invested. Today, that unrealised loss has completely reversed into an unrealised gain of over $32,000.
If I had panicked and sold at the bottom, I would be regretting it today. Instead, I’m filled with gratitude to God for the privilege of building a 10-figure, highly liquid portfolio on the NGX.
This is my testimony, shared to motivate every aspiring member of the N1B Gang portfolio. Keep learning, stay disciplined, defeat self-sabotage, and let compounding work for you. Volatility is the price you must pay for the gift of compounding.
You too can do it and get there.



"Feel free to ask me any questions. I'd be happy to answer them, but please do not ask for my contact information."

Afromentalist:
He owes nobody an explanation, and I do not owe him blind belief in the name of inspiration. He is the one trying hard to portray himself as a nigerian warren buffet, which is his right. If he desperately wants people to believe him as the oracle of lagos, he should bring forward coherent and logical stories.

emmanuelewumi:
Do you know that N1 million invest in Nahco in April 2021 is now equivalent to about N120 million in April 2026.

I know ordinary people with over 4 million units of Nahco and it is just one of the stocks in their portfolio.

If you make wise investment into the stock market from of your business cash flow, building a portfolio of N1 billion is very possible.

SonofElElyonRet:
O Japaul, I look to thee to match this performance.. Jegede, I beseech thee.. do not disappoint

shalomblue:
You can only withdraw 25percent while in active service if you want to apply for mortgage.
If you lose your job and unable to get a new one,you can get 25 percent too.Lots of people that resigned and japaed applied and got this.
When you are 50 and retired,you can get 25 percent too I think.
@Mankind-His story is consistent and true but many of us lack that discipline to just leave funds without taking profit.Overall,do what suits you.[b]His 300 million portfolio in 2021 would have gotten him a great place in Ikoyi but his 1 billion will get a smaller space now.[/b]Just follow your own dream.

SonofElElyonRet:
O Japaul, I look to thee to match this performance.. Jegede, I beseech thee.. do not disappoint

Agbalowomeri:
You sef don join the 'audio' billionaire geng

Dupeodus:
Be mindful that you don't know anything about me.

ihedioramma:
SO IF YOU ARE TO BUY NOW CAN YOU BUY JAPAUL OIL? OR DO WE BUY THE STOCK NOW?