CHOPLIFE💙

Oluwafemi😊.

[CHOPLIFE💙 @FakoFemi]

The engineer the daddy💪

[Ayo | Farm Tribe by AY 🇳🇬 🇹🇷 🌾🍫🫚 @ToheebAyomide2]

Never cross a bridge before you come to it
This will save you half the troubles in life.

[Nairametrics @Nairametrics]

If you had $5 million to invest in Lagos real estate today, would you choose Banana Island, Ikoyi, Victoria Island, or Eko Atlantic?

For ultra-high-net-worth investors, the answer isn't just about location.

It's about: Infrastructure, Wealth preservation, Long-term appreciation, Exit strategy and Legacy planning.

And according to the discussion, one location stands out.

Watch the conversation Live on YouTube @nairametrics.tv

https://t.co/3tIUvjHbOc

[Tuchel @Officially_Kriz]

Today's Spotlight: Andrew Folorunsho Alli

He is former President & CEO of Africa Finance Corporation (AFC), and Chairman of FirstBank UK.

He currently sits on the board of:

• MTN Nigeria
• British International Investment Plc
• Heirs Holdings

He previously held board roles at:

• Development Bank of Nigeria (DBN)
• Guaranty Trust Bank Plc (GT Bank)
• ARM Cement Plc, Kenya
• Cenpower Generation

He's a role model for the younger generation.

[CHOPLIFE💙 @FakoFemi]

BSF farming would convert this to crude protein and be used to feed the remaining life fishes
And still generate manure for you

[Ọpẹ́yẹmí Irédùmarè @iredumare]

I agree

But you are underestimating survival.

In 2020 , when we lost about 7,000 fishes (poor staff handling) , we had to burn it to ashes and properly dispose it

But we received 1001 advisers (hyperbole) on what to do to survive and pass the risk on to unsuspecting customers but we refused

We just couldn’t do it .

[Ọpẹ́yẹmí Irédùmarè @iredumare]

I agree

But you are underestimating survival.

In 2020 , when we lost about 7,000 fishes (poor staff handling) , we had to burn it to ashes and properly dispose it

But we received 1001 advisers (hyperbole) on what to do to survive and pass the risk on to unsuspecting customers but we refused

We just couldn’t do it .

[CHOPLIFE💙 @FakoFemi]

@ToheebAyomide2 Using it for BSF farming would be better you
You can use it to feed the fish later

[Tuchel @Officially_Kriz]

Wale Tinubu, co-founder of Oando Plc, on how he bought his first company at $200m without any money.

He collected a loan from the bank and they asked for equity. But he didn't have any.

He also needed to buy an asset for the company and didn't have any money.

He then went to another bank and asked them to buy the asset. And sell it to him. If he doesn't pay at a particular time, then they should reclaim the asset.

He subsequently raised equity.

That's how he bought the asset and Company with no money.

[Naza @nazzaokonkwo]

The NGX today 😎

[Atedo Peterside @AtedoPeterside]

Good attempt.

For the record, I was never on the Board of FSDH.

Amongst Nigerian quoted companies, I was once on the Board of:

Seven-Up Bottling Company PLC

[Gloryglow 🌹 @globil24]

Day 11.

[Chukwuma Kaduna Nzeogwu🙌💡 @onwuchekwa_]

In Port harcourt it’s 2-3 storey gigantic Furniture house

[Gloryglow 🌹 @globil24]

Day 9.

Today, i gave them gumboro vaccine.

[Tuchel @Officially_Kriz]

Today's Spotlight: Ibukun Awosika

She is the founder of the Chair Centre Group

She is the first female Chairman of First Bank and former Director of Cadbury Nigeria Plc

Her current chairman/director and advisory roles include:

• Member of Binance Global Advisory Board
• Director or bleuacacia Ltd
• Director of Digital Jewels Ltd
• Chairman of the House of Tara International
• Committee member of UK G7 Impact Taskforce
• Chairman of WIMBIZ
• Chairman of d.light Design, Inc. (global off-grid solar/energy company)

She's a role model for many young people.

[Woye @woye1]

Nigeria- Siemens Presidential Power Initiative (PPI) Phase 1, Batch 1—

2: Ayede–Ibadan, Oyo State — 330/132/33kV

-(a): Offa, Kwara State — 132/33kV

-(b): Onitsha, Anambra State — 330/132/33kV

-(c): Sokoto, Sokoto State — 132/33kV

-(d): Abeokuta, Ogun State — 330/132/33kV

3: These five are the Phase 1, Batch 1 substations approved by the Federal Executive Council, with a combined expected impact of about 986MW.

4: There is also the earlier Pilot Phase

-(a): The Siemens PPI pilot phase involved mobile substations/transformers at several existing transmission locations, including:

-(b) Apo, Abuja
Ajah, Lagos
Maryland, Lagos
Ojo, Lagos
Okene, Kogi
Amukpe, Delta
Ihovbor, Edo
Potiskum, Yobe
Birnin Kebbi, Kebbi
Kwanar Dangora, Kano
Jebba, among others.

5: Batch 2 is much larger: it is planned to comprise 6 brownfield and 10 greenfield substations, with a projected 4,104MW impact. @fgnpcppi @Lyf_Jennings @shbello @MasterBolaji @Big_marvis @gabriel_bolatit @Better_Kaduna @thecompasshub @CityBoyMedia @q_mesioye @drhcimci @Olomu_Aperan @ummuh_Zahra @Ogechy1980 @BachelorIdan

[Tuchel @Officially_Kriz]

Today's Spotlight: Funke Osibodu

She served as the first female CEO of three banks in Nigeria. They are:

• Merchant Banking Corporation (MBC)
• Ecobank
• Union Bank.

In 2011, she was placed in Financial Times as one of the top 50 world's most powerful business women. And was the only African woman to make the list.

She's currently the Chairman, Advisory Board of University of Lagos Business School

She was formerly chairman/ director in:
• Union Bank, UK
• Citi Investments Ltd (a subsidiary of CitiBank Nigeria)
• Vigeo Group
• BEDC Electricity Plc (formerly Benin Electricity Distribution Company)
• African Finance Corporation (AFC)
• HFC Bank, Ghana
• Nigerian Interbank Settlement System (NIBSS)
• First Securities Discount House (FSDH)
• MBC Securities Ltd
• ESL Securities Ltd
• Consolidated Discount House Ltd

She's also a pioneer member of the Nigerian Economic Summit Group (NESG)

She is married with three sons.

[Tuchel @Officially_Kriz]

Today's Spotlight: Bolaji Balogun

He is a seasoned investment Banker and entrepreneur.

He's the CEO of Chapel Hill Denham, a leading investment banking and asset management firm.

He's the co-founder of Econet Wireless Nigeria (now Airtel Nigeria) and secured its $285 million GSM license.

He worked as the Executive Director and Chief Operating Officer at CSL Stockbrokers Limited.

And Executive Director at FCMB Capital Markets

He's currently the chairman of:

• Unilever Nigeria
• Endeavor Nigeria

He's also a former Chairman of:
• Lafarge Africa Plc
• Nahco FTZ Limited

And he's on the Johannesburg Stock Exchange, Africa Advisory Board

A worthy mentor for the young people.

[Bremen @Rxbremen]

Today, HBM paid 257.76 Billion Naira out in dividend to its investors.

The federal government collected 25.77B as 10% withholding tax on the dividends.

Huaxin Cement, holds an 83.81% controlling stake in the company. And hence collected 194.42B naira as their own dividend pay out.

The rest went to various Nigerian investors who own a piece of the cement company.

For Context:
1) Abia state Generated 35.68B in IGR in H1 2026.

2) Ondo state generated 30B in IGR in H1 2026.

3) Taraba state generated 13.88B in IGR in H1 2026.

4) Bayelsa state generated 19.8B in IGR in H1 2026.

Wapco/Lafarge/HBM paid out more than all these states.

[Tuchel @Officially_Kriz]

Today's Spotlight: Gbenga Oyebode

He is a trained business lawyer and the co-founder of Aluko & Oyebode Law Firm.

He is the current chairman of the following companies:

• Okomu Oil
• Nestlé Nigeria Plc
• HBM Nigeria (Formerly Lafarge Cement)
• CFAO Nigeria
• The Asset Management Group Ltd.
• Combined Industrial Agro Consultants Ltd.
• Timbuktu Media Ltd.
• The Continent Venture Partners

He also held past chairman roles in:
• Access Bank Plc
• PZ Cussons Nigeria Plc
• Nigerian Bar Association Section on Business Law (NBA-SBL)
• Nigerian-Belgian Chamber of Commerce

He's a founding board director of MTN Nigeria (2001 to 2019)

He's truly a role model to young people.

[Naza @nazzaokonkwo]

NGX Weekly Market Roundup 😎

[Naza @nazzaokonkwo]

The NGX Today 😎