NewStats: 3,263,615 , 8,180,758 topics. Date: Friday, 06 June 2025 at 07:58 PM 3o4k2j

NGX Market Capitalization Comparison
Date Market Cap (NGN) Exchange Rate (₦/$) Market Cap (USD)
May 2023 ₦28 trillion 750/$ (approx.) $37.3 billion
May 2025 ₦70 trillion 1500/$ $43.75 billion

🧮 Analysis in Real Dollar
While nominal market cap in naira more than doubled (28T → 70T),

In real dollar , the increase is more modest:
$37.3B → $43.75B = ~17.3% increase over 2 years

This shows that:

The market is indeed growing, but not as explosively when adjusted for naira depreciation.

Currency devaluation significantly dampens the effect of local nominal gains when viewed in global .

✅ Takeaway
The NGX is growing, but the naira’s depreciation masks some of the real gains. Investors — especially foreign ones — will likely focus on the USD growth, not just the local figures.

GeneralDae:

In real dollar it is now slightly up if you use 750/$ as at May 2023.

NGX market cap as at May 2023 - 28 trillion naira (37.3 Billion USD)

NGX market cap as at May 2025 - 70 trillion naira (43.75 Billion USD).

The UEFA Champions League final between Inter Milan and Paris Saint-Germain (PSG) is set to be a thrilling encounter, marking their first-ever competitive meeting.


⚽ Head-to-Head Record
The only previous match between these two clubs was a friendly on August 1, 2023, where Inter Milan secured a 2–1 victory over PSG. Despite PSG dominating possession with 67.3% and completing 94.3% of their es, Inter capitalized on their opportunities with goals from Sebastiano Esposito and Stefano Sensi in the 81st and 83rd minutes, respectively, after Vitinha had given PSG the lead in the 63rd minute .


📊 Current Form
PSG:

Strong attacking lineup featuring Ousmane Dembélé, who has scored 21 goals this season, and Bradley Barcola and Gonçalo Ramos, both contributing significantly in the Champions League .

Solid defensive record, conceding only 24 goals in the league this season .

Inter Milan:

Demonstrated a robust defense and offensive capability, scoring two or more goals in each of their six knockout games .

Key players include Lautaro Martínez and Marcus Thuram, both pivotal in their Champions League run.
talkSPORT

🏆 Prediction
While PSG boasts a formidable attacking force and a strong defensive record, Inter Milan's balanced approach and recent form in the knockout stages suggest a closely contested final. Given their resilience and tactical discipline, Inter Milan might have the edge in this encounter[quote author=AnonPoet post=135564923][/quote]

Top Books on Stock Investing (With Brief Insights)
1. The Intelligent Investor – by Benjamin Graham
The foundational book of value investing.

Teaches you to invest with discipline, patience, and logic.

Introduces the idea of “Mr. Market” — a metaphor for market emotions.

Focuses on buying undervalued companies and holding long-term.

🧠 Warren Buffett called it the best investing book ever written.

2. Common Stocks and Uncommon Profits – by Philip Fisher
Focuses on qualitative analysis: management quality, innovation, and business growth potential.

Encourages long-term thinking and understanding company operations deeply.

3. One Up on Wall Street – by Peter Lynch
Shows how ordinary people can beat professional investors by investing in what they know.

Explains how to spot winning companies early, especially in everyday life.

Great for beginners looking for practical, real-world advice.

4. The Little Book of Common Sense Investing – by John C. Bogle
Advocates index fund investing: low-cost, diversified, long-term investing.

Teaches that time in the market beats timing the market.

Perfect for people who don’t want to pick individual stocks.

💡 John Bogle founded Vanguard and popularized index funds.

5. Rule #1 – by Phil Town
Simplifies the investing philosophy of Warren Buffett.

Breaks down how to analyze companies using a 4-part rule-based approach: Meaning, Moat, Management, and Margin of Safety.

Beginner-friendly and practical.

6. The Essays of Warren Buffett – by Warren Buffett (compiled by Lawrence Cunningham)
A curated collection of Buffett’s wisdom from his shareholder letters.

Covers everything from stock valuation to corporate governance.

Insightful if you want to think like a business owner when investing.

7. A Random Walk Down Wall Street – by Burton Malkiel
Advocates for efficient market theory: it’s hard to consistently beat the market.

Recommends diversification and ive investing.

Explains bubbles, market cycles, and behavioral pitfalls.

🎯 Want to Start With Just 1 or 2?
If you're a complete beginner, start with:

“The Little Book of Common Sense Investing” – for simplicity and index investing.

“One Up on Wall Street” – for learning to spot good companies in daily life.

Amarachibaby:
non pls recommend for me🤲🏾🤲🏾🤲🏾

1. Is It Advisable to Invest in the Nigerian Stock Market?
✅ Yes — with caution and knowledge.
Nigerian stocks, especially banks (like GTCO, Zenith, UBA), can be good for long-term dividends.

That said, the market can be volatile due to political, currency, and economic instability.

Blue-chip stocks (established, stable companies) are usually the best place to start.

🌍 2. What About U.S. Stocks?
✅ Also advisable — if you’re investing long-term.
U.S. markets are more stable, diverse, and have global tech giants like Apple, Tesla, and Amazon.

Even fractional investing (buying a part of a stock) is possible with platforms like Trove, Risevest, and Chaka.

💸 3. Do You Need a Lot of Money to Start?
❌ No, you can start small.
With platforms like Bamboo, Chaka, and Trove, you can start with ₦5,000 – ₦10,000.

Some U.S. platforms let you invest as little as $5 or $10 in fractional shares.

💰 4. Why Are the Charges High on Bamboo?
You're right — Bamboo charges up to 1.5% for each trade and also applies FX (currency) conversion fees when moving money in and out. It's the cost of access to foreign markets, but it can eat into small investors’ gains.

💡 Tips:
Don’t trade often — buy and hold long-term.

Compare with Chaka, Trove, or folio (though some U.S. options now require VPN due to SEC rules).

🏦 5. Do You Get Dividends If You Buy Nigerian Stocks via Bamboo or Chaka?
✅ Yes — if you own the shares before the dividend qualification date, you’ll get paid.
These platforms are linked to the Central Securities Clearing System (CSCS) — same as traditional brokers.

Dividends are credited to your wallet on the platform or paid into your bank .

So, whether you buy through a bank or Bamboo/Chaka, you are a recognized shareholder.

📚 6. How Can You Learn to Invest?
Start with:
YouTube Channels: Naira Diary, Learn With Tee, Nigerian Investor

Books: “The Intelligent Investor” by Benjamin Graham (great for mindset)

NSE Website: www.ngxgroup.com — check for educational materials

Apps: Some apps like Risevest and Trove offer free learning content inside the app

🧠 Basic Beginner Advice:
Start with one stock — like a bank or telecom (Zenith, MTN).

Invest monthly, even if small.

Reinvest dividends.

Focus on learning, not just gains.

Bigwings22:


How can one learn how to invest in the Nigerian Stock Market? Is it advisable? How stocks? Can one start small or you need substantial amounts first? I only know Bamboo and Chaka as platforms to buy stocks both Nigerian and US but the charges on Bamboo is much. I don't know why something like stocks that they want everyday people to be a part of will cost that much to get into especially for beginners. Also I hear about stocks paying dividends especially banks in Nigeria and makes me wonder if they pay the investors on Bamboo or just investors that ed with them at their banks.

I don't know how all these stuff works, would be glad if you helped out or anyone at all.

Yes

Gaiusc:
Can I post job ads here?

.

While the company may argue that banning phones is meant to improve productivity or protect sensitive information, implementing a blanket ban on personal phones can be seen as excessive and impractical—especially in today’s connected world.

Emergency Access: Employees need to be reachable in case of personal or family emergencies. Completely restricting phones could put staff and their loved ones at risk in critical situations.

Work-Life Integration: Many professionals use their phones for both personal and work-related purposes, including email, calendar, and communication apps. Banning phones entirely may disrupt productivity instead of improving it.

Employee Trust and Morale: Such a strict policy may send the wrong message—that employees can’t be trusted. This can damage morale and foster resentment, rather than loyalty and ability.

Legal and Ethical Implications: Depending on the industry and local labor laws, such a rule could potentially violate workers’ rights or be deemed unreasonable, especially if phones are not used irresponsibly during working hours.

Balanced Approach Is Better: Instead of an outright ban, the company could implement a policy that restricts phone use during work hours or in certain areas, while still allowing staff to keep their phones on silent and accessible for urgent matters.

MOPDEEP:
Getting to work this morning, saw a memo that read no staff should bring a phone to company..
This is a modern slavery, that needs the government attention..

teeteepeejay:


That is your conviction. Take the development to Nnewi

Oponu! I am from Lagos. Badagry to be precise

Payunsin:

I should pay tips or buy Tip
My first loco call that I folleswd regretted selling at around N4 but made money from it.
I think it’s too expensive now

Okay

Try yochaa[quote author=yak post=135419854][/quote]

Payunsin:
Oga Loco, What should i buy this morning?
Never been wrong with your calls.
The Npfbk people are bashing that I bought is doing well.

TIPs

teeteepeejay:
Nice one from the people of Ojo local govt.

This abomination must not be allowed

Look at the areas where ibo are dominant in Lagos, there's always development. Take a look at where your kind resides in Lagos and tell me what you see.

*Nanny Job Opportunity in Idimu*

A working-class executive in Idimu is seeking a qualified nanny to care for their child/children. If you're interested in this opportunity, please send your CV to +234 903 059 5472.

*Job Details:*

- Location: Idimu
- Employer: Working-class executive
- Position: Nanny

*Requirements:*

- Relevant experience in childcare
- Ability to provide quality care and
- Trustworthy and reliable

If you think you'd be a good fit for this role, don't hesitate to reach out!

franchasng:
I know there are no industries in Asaba, I prefer Asaba for a reason. Besides, I am not looking for where to make money. If I decide to live permanently in Nigeria and I am not living in Lagos or Enugu, then it must be either Owerri Imo state or Asaba Delta state for a peaceful low-paced life.

These cities you mention have ONE common identity with Las Vegas

DenreleDave:


Jésù... How?

There's money in farming. My uncle in the village is living far better than he was when he was in Lagos. His into farming of yam, palm fruit and cocoa.

HowDareU:
Lagos is like the UK that will give you huge income with the right hand and snatch it with the left hand through tax and expenses. Ever since I moved to Ughelli in Delta State, my income and black tax has improved a lot.

Ughelli is a nice town

franchasng:
The only states and cities I can live in Nigeria are:


1.) Lagos state

2.) Enugu, Enugu state

3.) Owerri, Imo state

4.) Asaba, Delta state


Lagos remains a great city where dreams come true just like America. I love and cherish the chaotic, bustling, busy nature of Lagos, Eko Oni Baaje

Number 4 shouldn't be there, Asaba is as dry as whatever you think. No industry ONLY hotels and shopping malls

uzohrome:
Many peoples jobs will be lay off

up skill

Firebox123:

WHAT A WORLD 😓❤️

• When a man has a good car it attracts more ladies to him. When a lady has a good car it repels guys away from her. This is the world we live in.

• A teenage boy imprēgnātēs his teenage girlfriend. The girl drops out of school, the boy continues his education. This is the world we live in.

• A guy catches his girlfriend with another guy, he fights his girlfriend. A lady catches her guy with another lady, she fights the other lady. This is the world we live in.

•The older a man becomes, the higher the number of ladies available for him. The older a lady becomes the fewer the number of guys available for her. This is the world we live in.

• A 76 year old man can still marry a 26 year old lady. A 36 year old lady is tagged too old to get married. This is the world we live in.

• A man divorces his wife today and the next day he is dāting other ladies. Six months later he is married. While the divorced woman is labeled a divørcee and remains single six years later. This is the world we live.

• A man looses his wife to death and remarries a year after, he did the right thing, he's being praised and congratulated for moving on, after all life is for the living.
A woman looses her husband to death and remarries after 4yrs, "aaah! so early? Are u sure she wasn't sleeping with that man even when her husband was alive? That was why she kīlled her husband. This is the world we live in.

• A married man is caught in bed with another woman, his wife is asked to forgive him and move on. A married woman is caught in bed with another man, the husband asks her to leave his house. This is the world we live in.

• A man gets transferred by his company to another state, the entire family relocates with him. The woman gets transferred to another state, she goes alone or resigns from the job. This is the world we live in.‎

• If a man rises to be the CEO of the company, he got there by hard work and determination. If a woman rises to be the CEO of the company, even if the staff are only women, she is sūspected to get there by sleeping with the Board . This is the world we live in.


*PASTOR 💥💥💥💕*
1️⃣❣️

ExudeLoveToAll:


Apt

Kobojunkie:
Moving from the UK to a country where not a single one of the 774 LGAs can boast of any of the following
■ Clean water supply to homes
■ Robust sewage and water management system
■ Effective Waste management system
■ Good schools with world-standard educational and Skills training services
■ Internet connectivity in both homes and businesses
■ Electricity supply to homes and businesses(through building of dams, use of wind turbines, and better distribution services)
■ World Standard equipped Healthcare network
■ Sturdy road network complete
■ enger Rail system linking at least the major towns and cities
■ Network of Libraries with free access to of the public to learning
■ Better prison facilities and rehabilitation programs
■ Expansion of police-community programs to help capture crimes across all parts of the state.
■ Robust Gas transmission network for the direct piping of gas into homes. , etc.

You would probably need way more than what you are budgeting there unless you are trying to downgrade your life in the end.

🚐 Option 1: Buy a Mini Bus and Drive
Pros:

Daily/weekly income stream.

Potentially higher return than ive investments if you manage it well.

You have more control.

Cons:

High operational risk: repairs, fuel, accidents, inconsistent revenue.

Time and energy required if you’re the driver.

Regulatory/ticketing issues in some areas.

Depreciating asset.

Recommended only if:

You have solid knowledge of the transport business.

You’ve done cost vs. income analysis (e.g. average daily earnings minus fuel/maintenance).

You’re ready for active management (or have a trusted driver with ability).

📈 Option 2: Treasury Bills
Pros:

Very safe (government-backed).

Fixed, guaranteed return.

Great for capital preservation.

Short-term options (e.g. 91, 182, 364 days).

Cons:

Low return (typically around 10–13% annually).

No early access without penalties.

Doesn't beat inflation significantly.

Recommended if:

You want zero risk.

You’re saving for a near-term goal.

You’re okay with modest returns and just want your money safe.

💼 Option 3: Mutual Funds
Pros:

Better potential returns than T-bills (especially equity/balanced funds).

Diversified portfolio (bonds, stocks, etc.).

Managed by professionals.

Liquidity (can cash out with little delay).

Cons:

Moderate risk (market fluctuations).

Returns not guaranteed (depends on fund type).

Recommended if:

You want a balance between safety and growth.

You're okay with medium risk and don’t need daily cash flow.

You’re looking to grow your money over time.

🚨 Final Advice (based on your tone and urgency):
If you urgently need income and have business experience, the mini bus could work—but only with a clear plan and backup savings for risk.

If you're not sure, go with a split strategy:
₦2M in Treasury bills or mutual funds (safety/growth)
₦2M saved while you research/test the bus idea or another business

Never tie up 100% of your funds in one risky venture without backup.

🚨 NYSC Internship Opportunities

We’re hiring NYSC Interns for the following roles:
🔹 Junior Mobile Developer
🔹 SEO Content Writer
🔹 Customer Care Representative (2)

✨ What You Get:
✔ ₦50,000 monthly stipend
✔ Fully remote work (with occasional in-person check-ins)

✔ Real experience with real projects
✔ Chance to transition into a permanent role

🎯 What We’re Looking For: If you’ve got a solid foundation in your field, a ion for learning, and a proactive attitude, we want to hear from you!

📩 How to Apply: Send your CV + portfolio (if applicable) to [email protected]

sterlingD:
How far with Aradel ?They had their Board Meeting on Friday 21st of March 2025 and we never hear anything

They did

k

id4sho:

Try Australian PR

From DM

My Life Before the Inheritance
After completing my university education, I landed two remote jobs that allowed me to work from the comfort of my rented apartment. My wife (a business woman) and I were blessed with two beautiful kids, and we were managing our finances carefully, living off my combined income of ₦300,000 per month.

The Unexpected Inheritance
Life took a dramatic turn when my father ed away, leaving behind a significant inheritance. He had sold a plot of land, which yielded over ₦12 million. Additionally, he left us with a 4-flat property that generates ₦500,000 per annum in rental income, plus some shares whose value I'm still determining.

Weighing our options
With this newfound wealth, we are faced with several options:

1. Leave the country: We could use the inheritance to relocate to a country with better economic prospects, providing a brighter future for my family.
2. Invest in a business: We could invest in a business venture, potentially generating ive income and creating jobs for others.
3. Invest in shares: We could diversify the portfolio by investing in foreign stocks, NGX (Nigerian Stock Exchange), or other investment platforms.
4. Invest in crypto: Cryptocurrency is another investment option, but it's highly volatile and requires careful consideration.
5. Invest in MMF (Money Market Funds): A low-risk investment option that provides liquidity and returns.
6. Invest in FG Savings Bonds or T-Bills: Government-backed securities that offer relatively low-risk investment opportunities.
7. Land banking: We could use part of the inheritance to buy an acre of land, holding it for future sale.

What do you advice is the best way or better way to do with this money?

You can use this

enque:
Do they have an app now or it's still status quo?

https://app.gtfundmanagers.com

From DM

Dear meerahbel

I am 36yrs & contemplating relocating from the UK to Nigeria and seeking advice on the viability of sustaining a comfortable lifestyle in Lagos, leveraging my investment income. My mutual funds generate approximately ₦5,000,000 every quarter. I am concerned about whether this amount will suffice to provide a decent standard of living for my family, comprising my wife and two children, in Lagos.

Will that be enough to make me live well in Lagos with my wife and 2 kids?

Can I also live happily in Nigeria without working and just using my investment funds to carry on with my wife and kids?.

I appreciate any guidance or advice from individuals with experience living in Lagos or similar environments.