Fernisce

Quality control officer and Shoemaker (Men’s handmade footwear)

[Fernisce @Fernisce]

An outlook on my Cybersecurity experience????
Amazing is the Deal
So many things i understand better about security, compromised systems and the world of Technology
I find the tests challenging and always look forward to it
🤩
@TechCrushHQ
#techcrushonemonthrecap
#techcrush

[Fernisce @Fernisce]

@AkerelePhebe_ Also better to start with boiling water
Than lukewarm water

[Fernisce @Fernisce]

@MekaOjukwu True

[Fernisce @Fernisce]

@kelchykz @Rufyb Sorry sir , I hope to take cis here, so i understand your predicament

[Fernisce @Fernisce]

@kelchykz @Rufyb 😅😅

[Fernisce @Fernisce]

@EmediongTG @BSAT_Properties Your carpenter
Your Painter
Your electrician
Your plumber
Your go to street guy that helps with menial chores
The risk profile is wide

[Fernisce @Fernisce]

@yinkarianstocks Thank you

[Fernisce @Fernisce]

@olaquadHq @olumidecapital @joinkuda If you in lagos, just go to YABA KUDA OFFICE OR call customer care
But Isn't passkey set using your Gmail and phone?

[Tope Adu, PMP @ADUOLUWATOPE]

THE IMPACT OF NAIRA DEVALUATION AND INFLATION ON A NAIRA-DENOMINATED PORTFOLIO

I recently stumbled on one of my 2017 portfolios before I consolidated my holdings.

The portfolio’s value today, including NASD positions, stands at approximately ₦362 million. However, my current positioning and composition by volume have changed significantly over the period, as I no longer hold many of the companies that were originally in the portfolio.

Here is where it gets interesting:

Portfolio value in 2017 (USD terms): $300,000

Portfolio value today (USD terms): $261,000
(Exclusive of dividends, which still would not push it above $300,000.)

Exchange rates:

2017: ₦350/$
2026: ₦1,385/$

THE LESSON

In nominal naira terms, the portfolio has appreciated by 244% to date.
The compound annual growth rate (CAGR) over the period is approximately 14.8–15% per annum.

That means the portfolio compounded at roughly 15% annually for 9 years; a strong long-term performance by equity market standards.

Let's plug in inflation figures: Nigeria Headline CPI – NBS Data

2017: 15.37%
2018: 11.44%
2019: 11.98%
2020: 15.75%
2021: 15.63%
2022: 21.34%
2023: 28.92%
2024: 34.80%
2025: 15.15%

Average inflation over the period ranges between 18–20% per year, which is materially higher than the portfolio’s 14.8% CAGR.

Real Return: Purchasing power adjusted

When adjusted for inflation, the portfolio did not keep pace with rising prices. In real terms, the investment’s value either barely grew or declined once inflation is factored in.

The portfolio underperformed inflation by roughly 5% per year in real terms.

Despite strong nominal performance, inflation compounded faster over the same 9-year window.

COMPARISON WITH S&P 500

Between 2017 and 2025, the S&P 500 delivered a cumulative return of approximately 206% (price index basis), equivalent to roughly 10–11% annualized over a similar period.

My 2017 portfolio’s 14.8% annualized return outperformed the S&P 500’s historical annualized return over that timeframe. In relative equity performance terms, the portfolio beat a major global benchmark.

However, in dollar terms, the portfolio lost approximately 13% of its value, reflecting negative USD growth due to naira devaluation.

FX IMPACT: THE CRITICAL VARIABLE

If the portfolio had been USD-denominated or FX-hedged, the outcome would have been significantly different.

The same $300,000 invested in an S&P 500 index fund over that period would be worth over $900,000 today.

In naira terms:

₦105 million (at ₦350/$ in 2017) invested in the S&P 500 index fund nine years ago would be worth over ₦1.2 billion today.

The same ₦105 million invested in NGX equities over the same period is worth about ₦362 million, without adjusting for inflation.

The difference is driven primarily by currency stability and real return preservation.

CONCLUSION

The U.S. equity market remains the ultimate destination for investors seeking sustainable real returns, even though the NGX has delivered an exceptional run over the past three years.

That said, this narrative could change in the future if Nigeria achieves and maintains long-term exchange rate stability. Currency stability is the foundational variable that determines whether nominal equity gains translate into real wealth preservation.

[Fernisce @Fernisce]

@grok @lawyerosear @firasmodad Thanks

[Fernisce @Fernisce]

@grok @lawyerosear @firasmodad "It might sustain exports but lacks quick ramp-up due to infrastructure/theft issues" explain this @grok

[Fernisce @Fernisce]

@grok @lawyerosear @firasmodad Is nigeria an import-heavy nation and what are some nations like that

[Fernisce @Fernisce]

@grok @lawyerosear @firasmodad What will happen hypothetically if global pile market is crashed, can countries like Nigeria help with oil @grok

[Fernisce @Fernisce]

@MekaOjukwu 🤣🤣they'll go with guns
Not advised

[Fernisce @Fernisce]

Nigerian rich men really hacked the Fast-Profit generating matrix 🤐.
Better to invest in a service or product that depletes THAN a Steady product .
PHCN Electricity <<<<< Petrol- Diesel -Generator

The Game, is really just The Game .

[🏘️IamEri'Oluwa🇳🇬 @IamEriOluwa]

No, Nigeria did not ban only white models;

the policy prohibits the use of foreign models and voice-over artists in advertisements targeted at the Nigerian market, regardless of race or ethnicity.

This means the ban applies to all non-Nigerian citizens, aiming to promote local talent and address the overrepresentation of foreigners in ads.

So, it's not just white people, as you make it seem. It's foreigners. Meaning we have whites who are Nigerians that you can use—if you want to.

They are saying, use Nigerians to sell to Nigerians. Where is the problem?

You can't just outsource all the big money to others who aren't from Nigeria while you make all the money in Nigeria.

I don't think that's discrimination; it's protection.

It gives Nigerians more opportunities to thrive in their country in a space where they have been previously excluded.

You wouldn't know what that is until you have seen how these multinationals abused all their privileges in Nigeria.

[Fernisce @Fernisce]

@tosinolaseinde Yes

[Fernisce @Fernisce]

@Dynmarhh @O_ladele @cowrywise Gbam!

[Fernisce @Fernisce]

@Monie_HRM @O_ladele @cowrywise Thank YOU 👌

[Qs Lanre 👷 @lanrycool]

Let me drop this.

How to check the quality of block supplied to your site

First, check the edges. Quality blocks have sharp edges and uniform shape. If the corners are already crumbling before laying, that is a red flag.

Second, tap two blocks together. A good block gives a solid, sharp sound. A weak one sounds dull and may even chip easily.

Third, check the weight. Very light blocks often mean too much sand and not enough cement.

Fourth, pour a little water on one block. If it absorbs water too fast, the mix is likely poor and too porous.

Lastly, Once you notice more than two broken blocks while they are off loading just know it poor quality.

[Fernisce @Fernisce]

@thecompasshub Pros and cons of this for investors and the Nigerian economy @grok