The NGX just changed a quiet rule that affects how every stock price moves.
From now on, it takes more shares traded before a price can move at all:
Stocks above ₦1,000 need 10,000 shares
Stocks ₦500 to ₦1,000 need 50,000
Stocks below ₦500 need 100,000
Here is why it matters to you. Before now, a tiny trade could swing a stock's price, which is why some shares jumped and crashed on almost nothing. This makes prices harder to manipulate with small money.
In plain terms, prices will now reflect real demand, not one person moving the market. A calmer, fairer market is good for the patient investor.
@Matthewfunji@olumidecapital@investbamboo How you didn't drop to your former account created for you by bamboo , because it seems they've start issuing another account to credit to...I received the message yesterday thou
Term of the day: Earnings Per Share (EPS)!
Let’s break it down!
Earnings Per Share (EPS) measures how much profit a company generates for each ordinary share outstanding. In simple terms, EPS tells investors how much of a company's profit belongs to each share they own.
Think of a company as a pizza and its profit as the slices. EPS helps you understand how much pizza each shareholder gets.
A company may report billions in profit, but if that profit is spread across billions of shares, the profit attributable to each share may be relatively small.
Formula:
EPS = (Net Profit – Preference Dividends) ÷ Weighted Average Number of Ordinary Shares
Example: Suppose a company reports:
- Net Profit = ₦500m
- Preference Dividends = ₦50m
- Ordinary Shares Outstanding = 100m shares
EPS = (₦500m – ₦50m) ÷ 100m
EPS = ₦4.50 per share
This means the company generated ₦4.50 of earnings for every ordinary share during the year.
What does a higher EPS mean? Generally, on paper, a higher EPS suggests:
- Stronger profitability
- Better returns for shareholders
- Greater potential for dividend payments
However, EPS should never be viewed in isolation, as a high EPS today doesn't guarantee future performance.
EPS is an important term, as;
- It's one of the most widely used measures of company performance.
- Investors use it to compare companies within the same industry.
- It forms the basis of important valuation metrics like the Price-to-Earnings (P/E) Ratio.
- Consistent EPS growth is often a sign of a healthy and growing business.
I studied the posts of @ADUOLUWATOPE and pulled out 15 of the most powerful wealth-building lessons he has shared.
1. Start investing as early as possible. If you are 18 to 30, you are sitting on a gold mine called time. Use it.
2. Your pension alone will not save you. Open a stockbroking account in your 20s and start putting something in every month. Inflation does not negotiate.
3. Your 40s are your last aggressive earning window. Invest hard now or plan in panic later.
4. Time plus quality companies equals wealth. Hold long enough and compounding does things your salary never could.
5. Separate your investing money from your emergency fund. They are not the same thing.
6. Open a proper NGX licensed stockbroking account with a CSCS number. Do not use dormant brokers.
7. Learn the language before you buy anything. Dividend. EPS. P/E ratio. ROE. Market cap. Liquidity. Know them.
8. Never buy on hype. Buy companies with strong financials, consistent dividends, and good management.
9. Think in years, not days. Reinvest dividends. Never panic on short-term dips.
10. Build your income first. All the investing knowledge in the world is useless without capital to deploy.
11. Buy assets not liabilities. Your portfolio is the real flex. Not the car. Not the bag.
12. Master fundamental analysis. Read financial statements. Understand real business value. Ignore noise.
13. He drove an old Camry with a ₦60 million portfolio and lived in a rented apartment while owning multiple duplexes. Delayed gratification is the game.
14. Treat market crashes as buying opportunities, not emergencies. The scared sell. The smart buy.
15. ₦20,000 invested consistently every month will shock you in 10 years. Stay disciplined. Stay patient. Stay in.
Credit: @ADUOLUWATOPE 🇳🇬
How to calculate dividend yield in seconds.
Dividend yield = (Dividend per share ÷ Share price) × 100
If a stock pays ₦5 dividend and trades at ₦50, the yield is 10%.
This tells you how much cash you earn yearly just for holding, before any price growth. A simple, powerful number.
Before you buy any Nigerian bank stock, check its non-performing loan ratio.
Before you buy any manufacturer, check its debt-to-equity ratio.
Before you buy any oil company, check its production cost per barrel.
The numbers tell the story. Stop buying stocks because someone on Twitter said so.
Exactly a year ago, I returned to NGX after following the exchange's activities from afar.
No mentor. No course. Just conviction, curiosity, and a little capital.
Here's everything I learned. The wins, the painful mistakes, and why I'm not stopping.
A thread. 🧵
Good morning NGX retail investors
Another Monday on the Nigerian Exchange. Another chance to build ownership, not just income.
The market has been volatile recently with profit-taking in some heavyweight stocks.but the broader trend remains structurally bullish as liquidity continues flowing into quality equities. Banking, oil & gas, and industrial names are still attracting strong interest despite short-term pullbacks.
Monday reminders for retail investors:
▪︎Don’t chase green candles blindly
▪︎Protect capital before chasing returns
▪︎Buy quality businesses, not social media hype
▪︎Volatility is normal in a bull market
▪︎Dividend-paying stocks still matter in Nigeria’s inflation environment
The NGX has already delivered massive YTD gains in 2026 with the ASI crossing major psychological levels above 250,000 points recently.
This week, watch for:
1. Profit-taking opportunities in overextended names
2. Rotation into fundamentally strong mid-caps
3. Volume strength in banking and energy counters
4. Smart money buying fear, not excitement
Retail investment is boring when done correctly:
✔ Consistent accumulation.
✔ Patience.
✔ Compounding.
✔ Risk management.
That’s how portfolios quietly move from ₦2m to ₦20m over time.
Happy trading week
Solid breakdown by @Ssaasquatch , but let me simplify it properly for any Nigerian reading this and feeling lost.
LEAPS stands for Long-term Equity Anticipation Securities. In simple words, they are special contracts on the US stock market that give you the right to buy a stock at a fixed price in the future, usually within 1 to 3 years.
Here’s how it works.
Imagine a stock is trading at $10. You strongly believe it will rise to $20 within a year. You have two options.
Option 1: Buy 100 shares outright. That costs you $1,000 (around ₦1.37 million). If the stock doubles to $20, your shares are now worth $2,000. You make $1,000 profit.
Option 2: Buy a LEAPS contract instead. Instead of paying $1,000, you pay a smaller amount (called a “premium”) to control those same 100 shares. For example, you might pay $300 (around ₦410,000) for one contract.
If the stock doubles to $20, your contract becomes far more valuable. The same $300 can grow to $900 or more (around ₦1.23 million). That’s a 3x return on your money, compared to only doubling if you bought the shares outright.
This is the power of options. You control the same shares with less money, so any gain is multiplied.
But here is the catch. If the stock does not move higher before the contract expires, the contract can become worthless. You can lose every single kobo of that $300.
So it is leverage. More upside, more downside.
For any Nigerian considering this, here are the realities you must know.
LEAPS only exist on the US market. The Nigerian Exchange does not have an options market for retail investors.
Local Nigerian platforms like Bamboo, Trove, Risevest and Chaka do not offer options trading. They only let you buy and hold US stocks.
To trade actual options, you need a global broker like Interactive Brokers, which accepts Nigerian residents but has more strict requirements.
This is not for beginners. Options trading is one of the fastest ways to lose money if you don’t understand it. Even @Ssaasquatch himself said he risks only 10 to 20% of his portfolio on these bets.
For most Nigerians, the smarter move is to first master regular investing on the NGX. Build the discipline. Understand how companies make money. Then later, if you ever decide to explore options, you will not be flying blind.
Knowledge is the real edge. Not the strategy.
Solid breakdown by @Ssaasquatch , but let me simplify it properly for any Nigerian reading this and feeling lost.
LEAPS stands for Long-term Equity Anticipation Securities. In simple words, they are special contracts on the US stock market that give you the right to buy a stock at a fixed price in the future, usually within 1 to 3 years.
Here’s how it works.
Imagine a stock is trading at $10. You strongly believe it will rise to $20 within a year. You have two options.
Option 1: Buy 100 shares outright. That costs you $1,000 (around ₦1.37 million). If the stock doubles to $20, your shares are now worth $2,000. You make $1,000 profit.
Option 2: Buy a LEAPS contract instead. Instead of paying $1,000, you pay a smaller amount (called a “premium”) to control those same 100 shares. For example, you might pay $300 (around ₦410,000) for one contract.
If the stock doubles to $20, your contract becomes far more valuable. The same $300 can grow to $900 or more (around ₦1.23 million). That’s a 3x return on your money, compared to only doubling if you bought the shares outright.
This is the power of options. You control the same shares with less money, so any gain is multiplied.
But here is the catch. If the stock does not move higher before the contract expires, the contract can become worthless. You can lose every single kobo of that $300.
So it is leverage. More upside, more downside.
For any Nigerian considering this, here are the realities you must know.
LEAPS only exist on the US market. The Nigerian Exchange does not have an options market for retail investors.
Local Nigerian platforms like Bamboo, Trove, Risevest and Chaka do not offer options trading. They only let you buy and hold US stocks.
To trade actual options, you need a global broker like Interactive Brokers, which accepts Nigerian residents but has more strict requirements.
This is not for beginners. Options trading is one of the fastest ways to lose money if you don’t understand it. Even @Ssaasquatch himself said he risks only 10 to 20% of his portfolio on these bets.
For most Nigerians, the smarter move is to first master regular investing on the NGX. Build the discipline. Understand how companies make money. Then later, if you ever decide to explore options, you will not be flying blind.
Knowledge is the real edge. Not the strategy.
NGN Market: A CoinMarketCap-Style Dashboard for Nigerian Stocks
I recently came across NGN Market, and it stands out as a very practical tool for anyone following the Nigerian stock market.
Think of it as the CoinMarketCap or CoinGecko of the NGX—bringing everything you need into one clean, easy-to-navigate dashboard.
You can explore the platform by signing up with your email here: https://t.co/HdjaB7g3KK
Here’s what makes it useful:
• Real-time prices of Nigerian stocks like MTN, BUA Foods, Zenith Bank, GTCO, and others
• Market overview covering index movements, top gainers, losers, and trading volume
• Simple portfolio tracking with clear profit and loss insights
• Watchlists to monitor stocks you’re actively interested in
• Quick access to market data, company insights, and exchange rates
What stands out is its simplicity. Instead of switching between multiple sources, it presents the Nigerian equities market in a clean, crypto-style format that’s easy to follow.
Worth noting: it’s primarily a data and analytics platform, not a brokerage for buying or selling stocks.
You logged into your broker's app this morning.
The login page is gone. The phone lines are dead. The office is locked. Your broker has closed.
You have shares on the NGX worth hundreds of thousands of naira. Maybe millions. And you have no idea what happens to them now.
This thread walks you through exactly what happens next. Step by step. No panic. Just the process.
Nigerian Investors… Did You Know This?
There’s a hidden protection system in the Nigerian stock market called the 10% Rule
No matter how hot a stock is:
A stock generally cannot rise more than 10% in one trading day A stock generally cannot fall more than 10% in one trading day
Example:
If a stock closes today at ₦100:
Highest it may trade tomorrow ≈ ₦110 Lowest it may trade tomorrow ≈ ₦90
Why does this exist? 🤔
To reduce: • Panic selling • Market manipulation • Extreme volatility • Emotional trading
So even if: A company releases amazing earnings Or terrible news hits the market
There are still limits designed to protect investors.
Most beginners in the Nigerian market don’t know this.
Smart investors understand the rules before chasing profits.
🚨 EPISODE 58 IS LIVE
If you want to become a better investor on the NGX, this episode is for you.
We sat down with @anthonyuzum to break down:
📊 How to analyze stocks (Revenue, Earnings, Book Value)
📉 Why P/E alone is not enough
📈 How to use PEG ratio properly
💰 How to allocate capital like a serious investor
⚖️ Concentration vs Diversification
🏠 Stocks vs Real Estate in Nigeria
🌍 NGX vs Global Investing
Plus… he revealed the 3 Nigerian stocks he would hold for the next 10 years 👀
🎥 YouTube: https://t.co/aq6oLl0COk
🎧 Spotify: https://t.co/aSMK5MSQYJ
🍏 Apple: https://t.co/zZ5nWGUsrn
🔊 Audible: https://t.co/0PBF71nT8p
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