La familia☺️

I know things. Most of it useless. Some of it isn't.

[Toby @TomolaGroup]

If an investment falls by 50%, a 50% recovery will not take you back to where you started. It must rise by 100%.

An investment worth 100 falls to 50.

A 50% gain takes it to only 75.

This is why protecting capital matters just as much as growing it.

[Naza @nazzaokonkwo]

NGX Weekly Market Roundup 😎

[Feji Iyeke YMG @iyekefejiymg]

Opay should also list on the NGX not just abroad!!!

[Toby @TomolaGroup]

NGX just changed how stock prices move on the board.

Starting Monday 17 August, the old 100,000 shares rule for everything is gone. Now it’s based on the share price:

• ₦1,000 and above → 10,000 shares to move the price

• ₦500 – ₦999.99 → 50,000 shares

• Below ₦500 → still 100,000 shares

They did this so the expensive stocks can actually reflect real buying and selling instead of staying stuck for ages.

Just so you know:

This is not a minimum quantity you must buy. You can still pick 10, 50 or 100 shares. It only decides which trades update the official price.

Daily price limits remain ±10%.

High-priced stocks will react faster now, so expect a bit more movement.

That’s the update. Enjoy your weekend.

[Toby @TomolaGroup]

Dangote Refinery IPO has been postponed to October.

They’re now targeting about $5 billion, according to Reuters sources. Prospectus is expected in September, with primary listing on the Nigerian Exchange.

The funds will be used to expand the Lagos plant and support plans for a similar refinery in Kenya.

This could still be Africa’s biggest listing ever.

[La familia☺️ @OlaaOfCrypto]

@TomolaGroup Omo, this is my toughest decision, should I sell now or wait till August ending 🤔

@TomolaGroup what are you going to do?

[La familia☺️ @OlaaOfCrypto]

@Themediamadam @Sugar_Pops_ @cowrywise O ti lo😂😂😂

[La familia☺️ @OlaaOfCrypto]

@TomolaGroup Share some for your Boyz 😉

[La familia☺️ @OlaaOfCrypto]

@TomolaGroup 😂😂😂

[La familia☺️ @OlaaOfCrypto]

@TomolaGroup And here we go!!!!

[Toby @TomolaGroup]

Dangote Refinery just filed its application with the SEC for listing on NGX.

September 2026 is the target.

This came right after they closed a $2.5bn private placement that was 3.7x oversubscribed and valued the refinery at about $40bn.

Potentially Africa’s largest IPO ever.

[Toby @TomolaGroup]

Aliko Dangote is worth $35.1 billion and plans to give away about $11.6 billion of it.

That is not the interesting part.

He sat his three daughters and their mother down and had them sign the arrangement. While he is alive, in the room, able to explain himself.

Most Nigerian families never have that conversation. Nobody writes anything down, and then the man dies and everybody who loved him meets in court over property none of them can touch.

It happens at every income level, and it destroys relationships that took forty years to build.

You do not need billions to copy what he did. You need a will, one conversation, and the willingness to have it while you can still answer questions.

Because your next of kin does not inherit anything in this country. That form is a contact detail.

Dangote is planning for $11.6 billion.

Plan for whatever you have.

[ProfitableMan @ProfitableMan1]

Two ways to earn money.

The earlier kids learn this, the higher the chances they won’t have to work for money in their adult years.

[La familia☺️ @OlaaOfCrypto]

@TomolaGroup How long does it takes to receive the dividends after details has been submitted?

[La familia☺️ @OlaaOfCrypto]

@cowrywise 😂

[Nigeria Stories @NigeriaStories]

“Don't Allow Any Police Officers To Search Your Phone and we’re saying this due to the abuse and extortive tendencies of some of our officers. No police officer have the right to search your phone”

- FCT Commissioner Of Police says

[Dangote Group @DangoteGroup]

FAKE NEWS ALERT

[La familia☺️ @OlaaOfCrypto]

@CaptKylePatriot The engine that you said is within the planet, what exactly do they do?

[Nairametrics @Nairametrics]

Coronation Infrastructure Fund sets July 28 for payment of H1 2026 dividends

The Coronation Infrastructure Fund (CIF) has announced a semi-annual income distribution of N8.985 per unit for the half-year ended June 30, 2026, amounting to approximately N789.78 million payout to the 87.9 million shares outstanding. https://t.co/EQqpoFlNjc

[Technical Ben @TechnicalBben]

Once you learn how to shop directly from China, E.g Temù or shien your wardrobe changes completely. Call me cheap I don't care I ain't rich, I don't do fraud.😭

It's knowing what to search for.

Here's my style after making plenty of mistakes.

1. T-shirts:

Skip 100% polyester unless you're buying gym wear.

Instead, search:
• 100% Cotton
• Combed Cotton
• Heavyweight Cotton
• 240-300 GSM Cotton
• Premium Cotton
• Mercerized Cotton

The heavier the GSM, the thicker and more premium the shirt usually feels.

2. Jeans:

Denim Jeans
Temu is surprisingly good for denim if you know what to search.

Search:
• Denim Jeans
• Cotton Denim
• Raw Denim
• Selvedge Denim (if available)
• 98% Cotton + 2% Elastane
• 99% Cotton

Avoid jeans with high polyester content. The more cotton, the better they'll age and feel.

3. Body-hug clothing:

Search:
• Ribbed Knit
• Modal
• Viscose Blend
• Cotton-Spandex Blend

They hold their shape much better than cheap polyester.

4. Hoodies
Search:
• 400 GSM
• French Terry
• Cotton Fleece
• Heavyweight Hoodie

5. Chains
Search:
• 316L Stainless Steel
• Titanium Steel
• PVD Gold Plated
• Vacuum Plated

These are far more resistant to fading than ordinary fashion jewelry.

6. Earrings
Search:
• 925 Sterling Silver
• 316L Stainless Steel
• Hypoallergenic
• Moissanite (if you're buying stones)

7. Scarves
Search:
• Mulberry Silk
• Silk Blend
• Cashmere Blend
• Wool Blend
• Viscose

Avoid the shiny, thin polyester scarves if you're after a premium look.

8. Loafers
Search:
• Genuine Leather
• Cow Leather
• Full Grain Leather (rare but worth looking for)
• Rubber Outsole

9. Sneakers
Search:
• Rubber Outsole
• EVA Midsole
• Breathable Mesh
• Leather Upper
• Stitched Sole

Pictures lie a lot

The description usually tells the truth.

Here's how I shop:

1. Read the material composition before anything else.

2. Sort by Most Orders or Best Selling, not cheapest.

3. Only buy products with lots of reviews or pictures or even better when a Nigerian has purchased it before they always tell the truth.

4. Read the 1-star reviews first. They'll tell you what the seller won't.

5. Look at customer photos, not the product photos.

6. Check the weight of the product. Better quality clothing is often heavier.

7. Read the size chart. Don't assume your Nigerian size matches.

8. If the title has words like "luxury," "premium," or "designer" but the material is 100% polyester, not everything but still move on.

Your best friend isn't the product picture.

It's the material, the reviews, and the customer photos.

That's how you separate the gems from the junk.

I hope this help.

Things are to expensive for a country this poor.