Before buying any NGX 🇳🇬 stock, I want to know three things:
1. What is the business worth?
2. What could it be worth in five years?
3. What price gives me an attractive return without requiring everything to go right?
The third question separates good businesses from good investments.
“If you can shout louder than your neighbor… why?”
This is so profound for real… all these “tell your neighbor I will collect your blessing” thing we do in church sometimes is making no sense
God bless Pst. Dolapo Lawal for this message
The CBN has done excellently tbh. Fantastic job so far.
Those conscious efforts to realign the then-broken financial markets are paying off. The decision on interest rates too is working. And as shown below, a key consideration of Deutsche Bank is the favourable carry on the Naira.
When you do the right things, the market will align as appropriate. It is about the policies and decisions.
In 2019 through 2020 and 2021, we were in an inflationary environment of 15%, and interest rates were around 6%.
One more thing has also aided the outlook for FX and this one is structural (which means, you may want to look at the Nigerian FX market a little bit more differently from the historical trend). It is about the Dangote Refinery.
Roughly 30% of Nigeria's import bill used to be refined petroleum products. If the data I saw is anything to go by, our local refinery supplied roughly 60%-70% of petroleum needs. That should play some positive role in the demand pressure for FX.
The big elephant in the room, as highlighted below and as I have always consistently complained about, is the "horrible" fiscal state of the economy. However, as long as the CBN maintains its counter-cyclical stance, we can still get our macro stability.
If you're a student or graduate aged 21-30, come closer. 🙏
There's an internship that pays $700 monthly in local currency.
Internship is 3-11 months and deadline is 31/12/2026.
Applying now is the best application of faith.
SHARE YOUR EXPERIENCES: YOUR VOICE MATTERS!
The Central Bank of Nigeria (CBN) invites you to CBN Listens, a platform for engaging with the public, hearing your concerns, and addressing issues affecting payments and financial services.
Have you experienced challenges with electronic payments, failed transactions, bank charges, ATM withdrawals, or other financial services? This is your opportunity to speak up, share your experiences, and engage directly with the CBN.
Together, we can identify challenges, strengthen consumer protection, promote trust in the financial system, and build a more robust, resilient and inclusive financial system for sustainable economic growth.
📅 Thursday, October 22, 2026
🕘 9:00 AM
📍 Jogor Centre, Felicia Hall, No. 1 Harvester Drive, Off Liberty Road, New GRA, Ibadan, Oyo State.
Your concerns matter. Your experiences count. Let’s make the financial system work better for everyone.
We look forward to hearing from you!
Can’t make it in person, we will be LIVE on Facebook & YouTube.
#CBN #CBNListens #ConsumerProtection #FinancialInclusion #PaymentsSystem #FinancialServices
Two months to get his bonus, he quit to build his own business.
Omo! Thank you @abalu_uthman for sharing this with me yesterday!
“When you want to make a big, life-changing decision, you have to do it from a position of maximum pain.” 👇👇
This is the reason Dr Bosun Tijani blocked me.
I quoted his NUCAP post with my experience as a project coordinator on similar MTN/Huawei rural sites in the past, and asked what would be different this time. He blocked me instead of replying.
If a sitting minister under President Tinubu can’t take constructive criticism from a young Nigerian, tell me if this country is getting better anytime soon.
In October 2020, Stripe agreed to buy @paystack , a Lagos startup that helped businesses take payments online, for $200 million, the largest acquisition of a Nigerian startup. At the time, Paystack had 60,000 customers.
Stripe said the deal would fund new products and help pull Africa’s scattered payments market together and that Paystack would keep running on its own. Shola Akinlade, its chief executive, promised more countries, more payment channels and more services.
Sunday watch? I sat with the team at @Zikoko_Mag Overthinkers Anonymous to discuss “Money,” including when you stop feeling poor and how money alters you.
https://t.co/kTjcnEJSRm