₦airaland Forum

Obi na real Otondo. Nigeria dodged a bullet in 2023.

Itzlinda:
And today Argentina's Peso is officially worthless.

It's (like) a stock listed on NGX you can buy or sell. Got listed December 2025. Doesn't have much activities yet but traded daily.

They have real estate/properties in Lagos Free Trade Zone and in Abuja with rent paid in $ for most and they plan to pay out income in the currency it is earned (the registrar sent email recently to be supplied dorm account details for that). However, the last distribution declared was in Naira. Plan to pay quarterly.

It's hala compliant.

Managed by ChapelHillDenHam (like NIDF).

dammybrite:
I am co-asking about the NREIT too.

Do they really pay the distributions in the currency of income?

Agbalowomeri:
Street must you defend everything? Even naira at its worst did not lose 95% of its value

Na you sabi your own calculation of 95%.If I buy something before for #100 and I am buying it for #300 on the street now.i no dey see am say na 95% calculation..Many Nigerians go still prefer japa to that country than stay for naija

Oasisblue:
Obi na real Otondo. Nigeria dodged a bullet in 2023.

And now swallowed a grenade..lol
You are very correct

Itzlinda:
And today Argentina's Peso is officially worthless.

But the naira has gone from ~750 - ~1350 in the same time period. That's a reduction in currency value by 50%. 95% refuction in peso, yet your GDP per capita cannot be compared.

"Argentina's GDP per capita is significantly higher than Nigeria's in both nominal and purchasing power parity (PPP) terms. Recent global economic metrics indicate that an average individual in Argentina commands substantially higher economic output and purchasing power than an individual in Nigeria."

..... wage.is, georank.org

I hope una don see a proper midfield team I was talking about against france.

But the point he is making is about VALUE na

Agbalowomeri:
That's not the point. The currency lose 95% or e no lose 95%?

I want SPAIN or ARGENTINA to carry the cup. E get why 😂

crownprince2017:
I hope una don see a proper midfield team I was talking about against france.

They wan argue off track na. Let's be telling ourselves TRUTH from our conscience. I no support any presidential candidate as I no go even fit vote. Na truth I stand for

Zagee:
But the naira has gone from ~750 - ~1350 in the same time period. That's a reduction in currency value by 50%. 95% refuction in peso, yet your GDP per capita cannot be compared.

"Argentina's GDP per capita is significantly higher than Nigeria's in both nominal and purchasing power parity (PPP) terms. Recent global economic metrics indicate that an average individual in Argentina commands substantially higher economic output and purchasing power than an individual in Nigeria."

..... wage.is, georank.org

Someone told me the other day that NAIJA was better under Buhari than Jagaban

Oasisblue:
Obi na real Otondo. Nigeria dodged a bullet in 2023.

Zagee:
But the naira has gone from ~750 - ~1350 in the same time period. That's a reduction in currency value by 50%. 95% refuction in peso, yet your GDP per capita cannot be compared.

"Argentina's GDP per capita is significantly higher than Nigeria's in both nominal and purchasing power parity (PPP) terms. Recent global economic metrics indicate that an average individual in Argentina commands substantially higher economic output and purchasing power than an individual in Nigeria."

..... wage.is, georank.org

When talking about GDP per capita, one thing to consider is POPULATION.

Argentina has a population of 46 Million.
Nigeria has a population of 245 Million.

We have NEARLY 200 Million MORE people than Argentina.
In fact, you can remove 5 Argentinas from Nigeria in terms of population and still have enough people left to populate SMALL country.

A HUGE disparity in population like that will inevitably skew per capita computations.

That said, their TOTAL GDP is still HIGHER than Nigeria's.....and that of ALL other countries in Africa.

But when you compute TOTAL GDP in terms of Purchasing Power Parity, Nigeria's is HIGHER.

One of ONLY 2 countries in Africa to manage that.

Finally, Argentina's GDP also comes with a FAT debt of $549 BILLION resulting in over 80.3% Debt-to-GDP ratio.

Compared to Nigeria's GDP which comes with a debt of $103 Billion and a Debt-to-GDP ratio of 35.5%.

Fun fact:
Argentina also has a HIGHER GDP per capita and GDP per capita PPP than China.

Let that SINK in.

crownprince2017:
I hope una don see a proper midfield team I was talking about against france.

Omo.
Tiki-taka till take over.

Even Mbappe no get shot on target for first half.

France has failed to beat Spain in 3 consecutive attempts despite France prowess.

Euro2024
National League2025
worldCup2026

All Semifinal stage.

Zagee:
But the naira has gone from ~750 - ~1350 in the same time period. That's a reduction in currency value by 50%. 95% refuction in peso, yet your GDP per capita cannot be compared.

"Argentina's GDP per capita is significantly higher than Nigeria's in both nominal and purchasing power parity (PPP) terms. Recent global economic metrics indicate that an average individual in Argentina commands substantially higher economic output and purchasing power than an individual in Nigeria."

..... wage.is, georank.org

not entirely true.... the dollar deregulation affected our gdp which was higher than Argentina pre 2024.... while Argentina turned oil 270 million dollars deficit into $7.5 billion surplus by 2025, moreso argentina is 45million population compareed with 230million nigeria.... cut the north from nigeria and we'd be far better than norway

NSEMPA, this may again get lost in the sea of complaints recently aired on this issue, but I must speak on the incessant derailing of this thread—especially by our senior members. While political discussions might be helpful to some, I can speak for myself when I say they are highly distracting. I take time to scroll through this thread looking for genuine insights and knowledge on the NGX, but instead, we are greeted with a lot of topics that simply do not belong here.

I highly respect and look up to the knowledge shared in this community. There are people here whom I don't know personally, but from whom I learn so much. While it is completely normal for a thread to occasionally drift off-topic, this persistent lack of focus needs to be corrected.

I humbly ask that we all consider this. Newbies like myself really want to see this great group maintain its focus.

gwinedev:
NSEMPA, this may again get lost in the sea of complaints recently aired on this issue, but I must speak on the incessant derailing of this thread—especially by our senior members. While political discussions might be helpful to some, I can speak for myself when I say they are highly distracting. I take time to scroll through this thread looking for genuine insights and knowledge on the NGX, but instead, we are greeted with a lot of topics that simply do not belong here.

I highly respect and look up to the knowledge shared in this community. There are people here whom I don't know personally, but from whom I learn so much. While it is completely normal for a thread to occasionally drift off-topic, this persistent lack of focus needs to be corrected.

I humbly ask that we all consider this. Newbies like myself really want to see this great group maintain its focus.

Don't fret too much, the unending back and forth about politics is a recurring and selfcuring SYMPTOM of the present status of the market 🙄

gwinedev:
NSEMPA, this may again get lost in the sea of complaints recently aired on this issue, but I must speak on the incessant derailing of this thread—especially by our senior members. While political discussions might be helpful to some, I can speak for myself when I say they are highly distracting. I take time to scroll through this thread looking for genuine insights and knowledge on the NGX, but instead, we are greeted with a lot of topics that simply do not belong here.

I highly respect and look up to the knowledge shared in this community. There are people here whom I don't know personally, but from whom I learn so much. While it is completely normal for a thread to occasionally drift off-topic, this persistent lack of focus needs to be corrected.

I humbly ask that we all consider this. Newbies like myself really want to see this great group maintain its focus.

Market is sideways.
Noting outstanding on many commonly held stocks until probably Q2 results are out.
Hence vacuum is filled with other happenings..


That said,
A newbie who wants to learn can start reading from the beginning of this thread or from few years ago or selected Monikas, etc.. to while away time.
I suppose it gives "newbies" even more opportunity to catch up?

Also,
Don't you think you can also contribute latest happenings on stocks? Others might join you. By this, you also contribute and help to reduce the "distraction" rather than always waiting to read from others as default mode

When major companies and stocks begin activities, trust me the thread will auto recallibrate..
For now, Bear with the WorldCup
World Wars and
our forthcoming Election Politikings

ayobama1:
Don't fret too much, the unending back and forth about politics is a recurring and selfcuring SYMPTOM of the present status of the market 🙄

You gerrit..
until the bears fizzles out.

Anyone defendiong the zios must be living under the rock...Iran: Sulaimani gone but never forgotten,2024 response was a response not an attack !

mikeapollo:
Why are you disturbing the conversation between Iran and the whole world?

I no overhype anybody.

Iran told the whole world that if US atacks the country, they will attack and destroy Israel.

Iran was the first to attack Israel directly in 2024 when they fired about 400 missiles at Israel when Biden was still US president. That was before Israel killed their top leaders and military generals.
And we know that Iran has become stronger since that time. So what is Iran still waiting for?
Netanyahu is expecting a "call to action" from Iran.
.
Iran even said their former president is an agent for Israel's Mossad!
Iran is completely finished if that is true because it means ALL their military plans, secrets and top echelons are in the hands of Israel

A real juvi argument is an understatement...!
That lad must be one of those whose pastors still ask them to pray for Isarhell every sun day

Oasisblue:
'If Iran feels they can fight let them attack the US directly'

What a very juvenile argument

Should I also say if the US feels they can fight let them send footsoldiers to Iran. We all know that is the definitve way of defeating the regime. So, why arent troops on their way?

Is Israel fighting with Lebanon, or with Hezbollah? Of what relevance is an agreement with a lame-duck Lebanese government that could not even maintain a military strong enough to kick out the shia milita or stop the IOF from destroying their country? Attacking those countries you mentioned is a strategy of war as they host their enemy's military basis, which are used to attack them. The homurtz and the sitting duck military bases are their own strategic edge in this conflict and if I were them I would leverage it too.

Mr Talk and Do(n't).

Namaster:
When talking about GDP per capita, one thing to consider is POPULATION.

Argentina has a population of 46 Million.
Nigeria has a population of 245 Million.

We have NEARLY 200 Million MORE people than Argentina.
In fact, you can remove 5 Argentinas from Nigeria in terms of population and still have enough people left to populate SMALL country.

A HUGE disparity in population like that will inevitably skew per capita computations.

That said, there TOTAL GDP is still HIGHER than Nigeria.....and that of ALL other countries in Africa.

But when you compute TOTAL GDP in terms of Purchasing Power Parity, Nigeria's is HIGHER.

One of ONLY 2 countries in Africa to manage that.

Finally, Argentina's GDP also comes with a FAT debt of $549 BILLION resulting in over 80.3% Debt-to-GDP ratio.

Compared to Nigeria's GDP which comes with a debt of $103 Billion and a Debt-to-GDP ratio of 35.5%.

Fun fact:
Argentina also has a HIGHER GDP per capita and GDP per capita PPP than China.

Let that SINK in.

What matters is PRODUCTIVITY, and not necessarily Population.
Nigeria's problem us that our productivity is low due to poor infrastructure, low literacy levels, access to credit, human development index, high cost of doing business etc

Namaster:
When talking about GDP per capita, one thing to consider is POPULATION.

Argentina has a population of 46 Million.
Nigeria has a population of 245 Million.

We have NEARLY 200 Million MORE people than Argentina.
In fact, you can remove 5 Argentinas from Nigeria in terms of population and still have enough people left to populate SMALL country.

A HUGE disparity in population like that will inevitably skew per capita computations.

That said, there TOTAL GDP is still HIGHER than Nigeria.....and that of ALL other countries in Africa.

But when you compute TOTAL GDP in terms of Purchasing Power Parity, Nigeria's is HIGHER.

One of ONLY 2 countries in Africa to manage that.

Finally, Argentina's GDP also comes with a FAT debt of $549 BILLION resulting in over 80.3% Debt-to-GDP ratio.

Compared to Nigeria's GDP which comes with a debt of $103 Billion and a Debt-to-GDP ratio of 35.5%.

Fun fact:
Argentina also has a HIGHER GDP per capita and GDP per capita PPP than China.

Let that SINK in.

It is quite simple to understand. Based on these numbers, the average Argentinian enjoys a better standard of living than the average Nigerian or Chinese. That is what this long epistle is saying.

A family of four earning ₦500,000 per month has a higher standard of living than a family of fifteen earning ₦1 million per month. Nigeria's GDP is sometimes higher than that of some European countries, including Norway, but its GDP per capita is much lower by comparison.

So, it is not just about how much a country earns, but how much of that income each person effectively enjoys.

Lol. O ga o. This is getting ridiculous, even desperate.

You cite a man clearly talking in 2025 about recent Argentine economic policy that was in effect since only 2023 when Milei became president on a reform platform. But you show the drop in the peso since the early 2000s -- 20 years ago!

Oya, do the chart of the naira from 2000 and let's blame the current president na.

Itzlinda:
And today Argentina's Peso is officially worthless.

Agbalowomeri:
That's not the point. The currency lose 95% or e no lose 95%?

crownprince2017:
To set the record straight, when someone was attacking mankind for attaining one billion portfolio the street mu$mu was all over here supporting mankind but because mankind is not on the same page with him today on politics he turned back and said mankind claimed was fraud. Where is the integrity

What I can understand from his attitude is, is either he is unstable or lack complete integrity. He is to tell us which of the two.

Thank you for your observation. I thought am the only one observing this trend. When issues are raised and discussed, trash it objectively and possibly let your stand be known. When some other issues come you do the same. You don't take matters personally because it doesn't favour you and you can not always have the support of everyone in all matters. No man knows it all. If you always petty with argument when you are losing out, it shows immaturity. It is really funny how a human being changes like weather. Today you maybe on the same side of a debate with someone and tomorrow you maybe in opposing sides for another topic. You don't throw tantrums and rubbish all you had earlier stood for and argued about just because the fellow do not see things the way you see them in the present topic being discussed. Life goes on.

nosa2:
I decided to stop running the forum. I created it for the community but after one year I have realized that the community is comfortable here and it just seemed unnecessary.

Thanks for the support, I really appreciate it

Too bad Sir 😞
With Nsempa turning into politics/football commentary thread and fast losing its purpose, another sane forum on stocks discussions such as Ngxforum would have been a better alternative, and this will be discovered over time by most people.

Your perspective is well understood but you shouldn't have quit so easily like that.......

Anyway, you've tried.
You're a winner, and a winner you'll always be. 🏆
I wish you well Sir 🎊 🎉

https://www.youtube.com/watch?v=G93Qp_uTgeI

A few stocks I'd be watching closely in today's trading session on the NGX

Words on the marble.

Itzlinda:
And today Argentina's Peso is officially worthless.

mikeapollo:
What matters is PRODUCTIVITY, and not necessarily Population.
Nigeria's problem us that our productivity is low due to poor infrastructure, low literacy levels, access to credit, human development index, high cost of doing business etc

Seems you are now campaigning for Tinubu because these are all the things he is addressing

Itzlinda:
And today Argentina's Peso is officially worthless.

Yet Argentina has a better standard of living than Nigeria despite its weak peso, because, in the end, it is not only the value of your currency that determines how well a country is doing.

By the way, Argentina's minimum wage is about US$250 per month, while Nigeria's is about US$46 per month. Both countries are highly dependent on imports. So, who do you think can afford more? Who is more likely to wear better jeans, shirts, and shoes? Who can more easily buy better imported phones and laptops? Who is more likely to drive better used "tokunbo" cars?

Agbalowomeri:
Seems you are now campaigning for Tinubu because these are all the things he is addressing

Well, I did not nention any names. But if you say so, I leave it to your conscience. Minimum wage now can only buy 1 bag of 50kg Rice.
In some years past, minimum wage could buy almost 3-4 bags of 50kg Rice

mikeapollo:
Well, I did not nention any names. But if you say so, I leave it to your conscience. Minimum wage now can only buy 1 bag of 50kg Rice.
In some years past, minimum wage could buy almost 3-4 bags of 50kg Rice

I hope you have seen the explosion in job vacancies in the manufacturing and construction industries? And it's just starting.