The NGX is divided into sectors, and knowing them is how you protect your money:
• Banking: GTCO, Zenith, Access, UBA, the most actively traded.
• Industrial goods: Dangote Cement, BUA Cement, the heavy builders.
• Consumer goods: Nestle, BUA Foods, Dangote Sugar, everyday products.
• Oil and gas: Seplat, Aradel, Oando, tied to oil prices and the dollar.
• Telecoms: MTN, Airtel, huge customer bases.
• Insurance: AXA Mansard, NEM, smaller but growing.
When one sector struggles, another often holds firm. That’s why spreading across sectors beats betting on one.
One line from Rich Dad Poor Dad has stuck with me ever since I read it:
“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.”
“My dad knows how to speak to a crowd, but when he’s at home, he is very quiet. We are not allowed to make too much noise or turn up the sound of the TV.”
— Tony Elumelu’s first daughter, Ogechukwu Elumelu “Gigi”
Tony Elumelu’s daughter, Oge, was heading out when her dad called her back just to ask for a hug, jokingly asking “Do i have to pay for it?”. 🥹❤️
These little billionaire family moments are always beautiful to see.
Better Call Saul was originally just a joke in Breaking Bad writers room
Vince Gilligan and Peter Gould imagined legal sitcom, with comedians as client
They realized they “knew nothing about writing straight up comedy” and turned into drama/dark comedy
They did not recover anything. Matter of fact, EFCC refused to release the evidence that should have made this case end a long time ago. Literally refused to release a box of evidence.