₦airaland Forum

@Mankind,

Keep it up...this is inspiring. Oil dey your head. One of the biggest problems we have as a people is our mindset and the see finish syndrome we have towards Nigeria. Before I opted out of the 9-5 rat race, my job took me around select African countries and each time locals realized I was a Nigerian, the respect notch went up higher. I was often regaled on what our government was doing to support these countries.
As a result of these experiences, I decided to homeschool my son as I didn't want him to grow up with this attitude which I'm averse to. Now we're homeschooling across the continent as I want his learning journey to be more hands-on than theoretical.
The NGX has made the journey a beautiful one. I have seen how unconventional education can make a child thrive.

When I was working, I remember preaching the gospel of early investment to colleagues. No one took me serious except one individual. The rest who stayed bitter and pessimistic are still where they are today. Recently I was speaking with an old colleague yesterday who required assistance in reconfiguring his finances. When I broached the subject of stocks and how he could turn his finances around, his pessimistic behavior even after showing him some evidence made me kill the conversation. I have learnt it's a waste of time trying to save people.
If you say it's bad, I'll agree. If you say it's great, I'll also agree. Make everyone dey there lane.

Sir Mankind, thanks for all your inspiring posts.

Mankind2024:
From Bitter to Blessed
In ancient times, a story was told of two plants that grew side by side in the forest.

Sugar Cane stood tall and proud, its stalks heavy with sweet juice. Humans adored it. They sang its praises, cut it down with joy, sucked its sweetness, and carried it home in bundles. Children loved it. Elders desired it. It was celebrated everywhere.
Beside it grew the Bitter Leaf, humble, overlooked, and despised. Its taste was sharp and unpleasant. People spat it out and called it worthless. “Too bitter,” they complained. “Useless plant.” Even animals avoided it. The Bitter Leaf endured years of rejection in silence, its leaves heavy with sorrow.

Yet the same rain that fell on Sugar Cane also fell on Bitter Leaf. The same sun shone on both. The same soil nourished their roots. But while one was praised for its sweetness, the other was condemned for its bitterness.

One day, the pain became too much. The Bitter Leaf cried out to the Creator:
“Why have you made my life so bitter? Why am I hated while my neighbor is loved? Change my story, or let me die.”
The Creator, in His wisdom, did not change the nature of the leaf. Instead, He opened the eyes of men.

Suddenly, everything shifted.
The same people who once rejected it began seeking it desperately. Healers discovered its power. Scientists studied it. Mothers brewed it for their children. Doctors recommended it. The Bitter Leaf was no longer despised, it became revered.
“Bitter Leaf is medicine!” they shouted. “It heals wounds, fights diabetes, calms hypertension, treats infections, cleanses the blood, and restores the body. No herb compares to it!”
At the same time, the love for Sugar Cane began to sour. The same tongues that once praised its sweetness now warned against it.
“Beware of Sugar Cane,” they said. “It destroys health. It weakens the body. It worsens diabetes. It steals vitality and invites sickness. Its sweetness is deceptive.”

This is the story of Nigeria.
Today, many of her own children despise her. They mock her efforts, curse her name, and see only her scars. Anyone who dares speak hope or gratitude is branded “anti-poor” or “pro-government.” She is labeled hopeless, difficult, and bitter.
But just as with the Bitter Leaf, the season is changing.
The same rain that fell on other nations is also falling on Nigeria. Foreign investors who once called her “uninvestable” are now quietly naming her a frontier market, the first step toward becoming an emerging market. The metrics are turning. The soil is shifting. The same nation long written off is slowly revealing her hidden medicine.
Nigeria’s current pain is not an irreversible punishment. it is restructuring. The bitterness we taste today is the medicine being prepared for tomorrow.
Never write yourself off.
Turn lemons into lemonade.
Turn eggs into omelettes.
Turn bitter leaves into healing potions.
The Creator has not forgotten Nigeria. Those who position themselves wisely — with courage, skill, discipline, and faith — will drink the sweetness of her coming harvest.
And remember this new definition of POOR:
Passing Over Opportunities Repeatedly.
The bitter leaf did not become sweet.
It became valuable.
So shall Nigeria.

May the Creator who rewrote the story of the Bitter Leaf open the spiritual eyes of the poor to clearly see the opportunities in their midst and grant them the wisdom and courage to tap into them.

Federal Govt stakes $75 million on Flutterwave’s $250m IPO - The Nation Newspaper https://share.google/7o2aPftUQimduq31q

President Bola Ahmed Tinubu has given approval for the investment of $75 million in Flutterwave, as plans for the deal move closer to completion.

The investment, which is expected to be executed through the Ministry of Finance Incorporated (MoFI), forms part of Flutterwave’s efforts to raise $250 million through an Initial Public Offering (IPO).

The fintech company, currently valued at over $3 billion, had approached the Federal Government last year to participate in the offer.

Mankind2024:
I also worked briefly in the Federal Civil Service for about three years and still maintain a pension account with Stanbic IBTC Pension Managers.
Interestingly, I never once considered my pension as part of my investable assets. When I resigned in 2011, the balance stood at approximately ₦1.4 million. As of my last statement in March 2026, it had grown to ₦4.1 million.
Over that 15-year period, this represents clear value destruction when compared to Nigeria’s inflation rate from 2010 to 2026. The pension scheme, in my view, appears designed to weaken members financially while the pension fund administrators and their management teams benefit substantially.
I personally value freedom and full control over my assets. I prefer being able to manage and adjust my portfolio with ease whenever I choose.
My advice to anyone with substantial funds: strongly consider geographical diversification, especially through exposure to the S&P 500. This serves as a important hedge, just in case any future government decides to clip the wings of the NGX.
Aradel remain a jewel in the Delta.

Thank you Mankind. My last question for today has to do with establishing a family trust. I have been attending webinars that have shed insightful guides on Trust. I have also researched how a family trust works within our country. That section still requires major tweaking since we are still using British conveyance laws of 19kpiridim.

As it stands now, to set up a family trust, one needs to establish a family Holdco under CAMA before setting up an irrevocable trust which will be registered in the Family Holdco.

Is this something you have considered or anyone else has more insight on it? I've attended webinars hosted by Meristem and Investment One but they made it sound so complex under Nigerian laws that I had to undertake my research on YouTube before getting a full understanding on what it entails.

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."

Mankind2024:
Thank you so much, my brother. I really appreciate your kind words and sincere congratulations.
You're right — I had been quietly working towards this 1 billion naira mark, and I'm grateful to God that it has finally happened. The past week’s bull run definitely helped push things forward, but as you rightly noted, it’s the solid fundamental stocks we’ve been holding that made the difference.
I’m happy to hear that even your “tasere” portfolio is also smiling this season. May the gains continue for both of us.
Thank you for celebrating with me. That Bible principle you mentioned is beautiful — rejoice with those who rejoice. I pray that very soon, we will all be celebrating your own milestone too. The journey is long, but with consistency, discipline, and patience, it is very achievable.
Once again, thank you for the love and encouragement. Let’s keep learning and growing together in this forum.
God bless you and all NSEMPA members. Amen

@Mankind
This is inspiring and motivational. Congratulations on this huge achievement. Like you said, once an individual realizes the government of the day isn't the problem, your mindset is the issue.

There are a lot of things we need to unlearn as a people. This goal was the same I crafted for my portfolio before opting for early retirement 2 years ago. I can see the impact of compound interest on my portfolio and I'm excited about reaching my finish line.

My question for you is regarding 'Pension'. I have huge funds sitting in my pension account and I'm beginning to consider the possibility of deploying a percentage of the funds for my long-term position in some select stocks , Aradel being a major one as I have some units and I'd like to increase my stake.
Is this a wise course to take?

nosa2:
I am not seeing international breweries as sexy oh. Even if they grow EPS by 500% the PE would be 10.

@ Oga Nosa,
I'm not a fan of having too many banks in my portfolio. I've already taken a position in UCAP as the upside is about 100%.
The upside on Intbrew is okay for me. It's a long term move.

Finally....UPDC and Royalex have quietly turned the tide to FULL BID. Been monitoring the trades for the past 2 weeks and now we're finally here Intbrew on the beat as well. Glad I boarded the brewery train last month.

@stockpromoter
Don't stop sharing your insurance index analysis. It's beneficial for someone like me who desires to know more.
I read everything you post here. Your track record speaks for you. Same for Megawealth and others.

Stockpromoter:
That thing you didn't value cost me money to build and I can't do without it in as much as I trade the insurance sector at the moment.
I thought it could be useful to someone else who has no time to check the daily summaries of Ngxins index and stocks in the sector.

I will save the Nsempa page from tomorrow and face our monkey hunting business squarely.

funkymedina2:
The table is a relative value model, not the market reality.
It tells you who’s cheap compared to GTCO, not who’s absolutely cheap in the market.

So:

UBA, Zenith, Access → cheap vs GTCO

Stanbic → expensive vs GTCO, meaning investors pay a quality premium

GTCO itself → used as baseline

Thank you for the clarity. That explains why I got it wrong. Appreciate

Locotrader:
Royalex has the best Q3 result among the penny stocks in the insurance industry.

Thank God results don dey show .

Traffic go so Chanel to the companies with good Q3.

Locotrader,
Thank you for your call on CI Leasing.

Good morning Aj8. Thank you for this common sense target table on the banking sector. I observed that the target for Jaiz is 2+. Is there a reason why its' low as I thought it should range within the N6-N9 band.
I must be missing something. Kindly clarify and if you'd be so kind as to do something similar for consumer goods and industrial goods sector.
Thank you.

Locotrader and Deruggedprof, thank you for your call on CI Leasing. Just saw the result and currently digesting.

A good one from CI Leasing.

Locotrader:
Royalex plc update

Nexamont might take the leadership of Royalex by acquiring more shares from the secondary market.This will be interesting and a challenge for spennymoor who is currently in control of the company.

The current shareholding structure shows the majority shareholders are in control of 6,402,319,438 out of 8.27B shares outstanding.

Left as free floats for retail investors is 1,867,680,562 units.

Royalex Q3 will be out next month and set to break a new record.Everything about the company is bullish.

Watch out for a steady share price rise to 500% before capitalization deadline.

Locotrader good morning...been following you since last year. A silent observer on this group. Thanks for all you do in terms of stocks picks. My portfolio has been green all year based on your calls. I'll be back by December to give my testimony. You, Megawealth, Aj8 commonsense target and purist forest have all made me money this year. I appreciate you all.