₦airaland Forum

Sangoamadioha1:
Nigeria has crude oil and refinery. Now compare it with an African country that has crude oil and refinery like Angola, make I check something.

stokfrick:
Abeg, how do I contact cardinal stone stockbrokers, I've tried their phone numbers online but to no avail.

iskalamong:
If?

Its looking more like when

Iskalamong!

.

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Raider76:
Madam Myc kindly help theow some light on the goings on at Morgan. I experienced a serious delay withdrawing some money from my account with them too last week. Should we port?

ositadima1:
@awesomej has already explained that what Morgan Capital provides is only a dashboard. It is completely independent of your actual stock portfolio, which is domiciled with CSCS. Personally, I no longer rely on broker dashboards, open a CSCS login account and confirm what you truly own.

When you sell, Morgan Capital is simply an interface. The system reconciles your sell quantity against your holdings in your CSCS account, not against what appears on the Morgan dashboard.

Also, some people don’t know how to make clear and specific requests. Put yourself in customer care’s position, if someone keeps sending incoherent emails or messages with no clear objective, after a few responses you would likely start ignoring them as well.

Raider76:
Madam Myc kindly help theow some light on the goings on at Morgan. I experienced a serious delay withdrawing some money from my account with them too last week. Should we port?

crownprince2017:
The books I'm reading "how to detect the person describing whales is not also a whale" and "How to dump on whales"

Stockpromoter:
I must tell you the truth and anyone can go and confirm.

The best broker is cardinalstone.
I am not bothered about brokerage fees any longer.

1.45 buy and 1.80% sell is not bad when you compare the risks involved with other cheap brokers like mc and Atlas portfolios.

I have confirmed all these brokers one after another.

Try to sell a stock of just N20m from Atlas or MC you go know how far for withdrawals

awesomeJ:
In due course sir.

awesomeJ:
It's easier if I just tell you I only use the NGX as a channel to receive funds, cos I like it.

I'm not the one who sends the funds or fills the orders, that's why i'm shocked to see about 1350 trade alerts in just 2 days.

awesomeJ:
I don't trade the index o.

If I did, I would only have made 0.78% today,

But I made over 6%.

I don't think you can trade the index.

Except you mock it.

Like build a portfolio that replicates it in composition and weighting.

awesomeJ:
Everyone will stick to their opinions na.

If about this time last year, I was trading a N2m portfolio and borrowing N1m from funny lenders at 156% APR, and now I'm made N2.6m in a single day, with the portfolio having grown over 2000% to now almost N50m, do I really need any one to convince me that I've been blessed with a working strategy

Apcnewrecruit:
The greed of these health workers despite Tinubu assurances to them is unbecoming.

No work no pay must be activated by the ministry of health

awesomeJ:
Why?
Cos I love maths
I love computers and
I love the market.

I'm not managing anyone's money. My portfolio is currently below N50m.

The volumes are this big cos the market has been very bullish. In bear markets I do just about 70% of my current volumes with the same portfolio size, and my profit margins are slimmer, that's what I had in October and November of 2025.


My long term goal is to consistently trade 1% of every volume in the market. Even when trade volumes grow 10x to $100m per day.

kingjayzeelan07:
With all this monumental looting, sometimes I wonder how Nigeria as a country is still standing/existing. Wicked souls in government. May God continue to expose them one by one and may they never know peace for the rest of their miserable lives. To this I say, AMEN! 🙏

indeed, when the wicked is on the throne, the people suffer/lament

unite4real:
Thank you.
Aot of people are just misleading the public about this tax issues.
VAT that did not increase, someone is now posting it as if it was a new thing.

tiger28:
Tell your Governor to use the allocation money very well!

Tinubu has done well to distribute the money accordingly.

Governors have NEVER seen this much money in the History of Nigeria…….. FACT!

Lukgaf:
Recently, some people have been spreading misinformation that one can evade tax by simply using the narration “gift” on every transactions made.

Even the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele has clarified that tax authorities do not randomly deduct money from people’s accounts and that the system is not as careless as some are making it sound.

More importantly, Islam does not permit deception. Deliberately misrepresenting income, lying about transactions, or disguising earnings to avoid responsibility is harām. This falls under falsehood and dishonesty, which Allah strictly forbids.

Allah says:
“And do not mix the truth with falsehood or conceal the truth while you know.”
(Qur’an 2:42)

Trying to escape tax by lying is not wisdom rather it is disobedience. A believer should never seek provision through deception, even when the system appears unfair.

The Prophet ﷺ said:
“Truthfulness leads to righteousness, and righteousness leads to Paradise.”
(Bukhārī & Muslim)

If something is unjust, it should be addressed lawfully and responsibly, not through lies that stain one’s integrity and faith.

Let us fear Allah in our dealings, speak the truth, and earn only what is halal. Wealth gained through dishonesty carries no blessing.

May Allah grant us honesty, wisdom, and protection from wrongdoing.

DoTheNeedful:
Minimum wage is not meant to be enough for normal people is most places in the world. I live abroad, and in my first few years as a student, I was earning around a minimum wage. You know what? I paid taxes.

I don't see any country that make minimum wage earners comfortable as a serious one.