The guy that signed a 30/70 percent deal, and, according to him, didn’t get paid, thinks of another person an Olodo because he’s fluent in English language.
It is hilarious to think the guy is not intelligent.
We rate Charles Inojie, Mr. Ibu, and Layi Wasabi so highly, yet say Peller is not intelligent.
I always laugh at people that think those that are smart enough to amass wealth legitimately are not wise.
If each state employs 20,000 state police officers
This is the salary bill in year
Only salaries
If we peg salary at a flat rate of 90,000
Monthly cost per state: 90,000 × 20,000 officers = 1.8 billion
Monthly cost for all 36 states: 1.8 billion × 36 states = 64.8 billion
Total annual cost: 64.8 billion × 12 months = 777.6 billion
This is minus running cost and other sundry costs
The one thing I love most about the stock market is its sheer irrationality. It constantly humbles 'smart' investors who focus solely on financial metrics, leaving them completely unprepared for how the market actually behaves.
🚨🤍 Marc Cucurella: “I hope Enzo Fernández joins Real Madrid too. I’d be so happy”.
“The opportunity for us to both join Real Madrid in the SAME summer would be amazing”, told Radio Marca.
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my friend decided to check his babe’s uber history. he found out there was a place she was always going to every saturday. he got curious and decided to go to the place himself.
when he tracked the address, what he saw shocked him. it was my house.
I have been away from X for a few weeks due to family responsibilities, other social commitments, and my projects. I noticed that many investors are worried about the recent pullback in the NGX.
The NGX has had an exceptional run over the past year. What we are seeing now is largely profit-taking, the early effects heading into an election year, and investors reassessing valuations after a historic rally. (I tweeted about this possibility some time ago, but some people misunderstood the message.)
The truth is that, despite the recent pullback, the market remains significantly up year-to-date. Remember that the Nigerian Exchange (NGX) All-Share Index (ASI) opened the year at 155,612.9 points and closed at 240,802.72 points on June 17, 2026. The graph can’t simply be straight.
My investment philosophy has not changed: corrections are the admission fee for superior long-term returns. The businesses you own or invest in matter far more than today’s market mood.
If I were you, I would be thinking about June 2027 and what is likely to play out over the next 12 months while gradually building positions in fundamentally strong companies. A discerning investor should think beyond the next 12 months. Remember when I predicted in September last year what was likely to happen to some equities in March/April 2026?
Few people know that I have not invested fresh funds in the market this year. I have only rotated a few positions. I’d be investing in just 3 companies this year ahead of June 2027!
Working with the recent GDP figures released by the National Bureau of Statistics, we can see that the economy is expanding modestly, but growth remains too concentrated in sectors that reward capital, scale, and pricing power more than labour.
Therefore, it may be difficult for us to see concrete job creation in the way most people expect.
Of the 3.9% real GDP growth, two-thirds came from Services, with telecoms and financial services performing relatively better than the rest.
The parts of Services growing fastest are often high-value, asset-light, tech-enabled, and pricing-power-heavy sectors. Telecoms and financial services can grow revenue and profit without needing to hire millions of people.
Most players in the Services sector are not necessarily mass job-creation machines.
The sectors that typically absorb labour at scale are:
✑ Agriculture
✑ Manufacturing
✑ Construction
✑ Trade
✑ Logistics
We know why these sectors are constrained.
The broader economy can grow while poverty remains stubbornly persistent.
The nominal GDP table reveals something interesting about the Services sector. Companies in that sector typically have stronger pricing power. They can reprice more quickly.
Banks can reprice loans. Telecoms can monetise data consumption, real estate can reset rents, and traders can, at least partly, pass costs through.
Manufacturers, on the other hand, face a harder context. They deal with imported input, energy costs, weak consumer wallets, logistics costs, and still struggle to pass the full cost to customers without destroying volume.
Nigeria cannot sustainably reduce poverty if manufacturing is growing only 1% to 3% in real terms. That is too weak for a country with Nigeria’s population growth and unemployment problems.
Real GDP growth is about volume growth. No rational entrepreneur risks capital on 1%-3% volume growth.
Some of us might have started our stock investing journey for the first time in January 2026 because the gains in prior months were really enticing.
The last five months have been fantastic as well, until this month that everything has been blurry.
My gist this morning is that you should calm down. Do not panic about anything. You most likely have not made a mistake.
To help you understand how things work in the equities market, I have shown you a list of some companies (solid coys, by the way) and their closing stock prices every year since 2018. I used 2018 as my base year because:
✑ The trend is sufficient to incorporate different economic cycles
✑ It was the year that foreign investors started to leave Nigeria.
Hence, I am showing you the performance of these stocks even in the worst market periods.
The least performer there is Nestlé, which has done 2x or 10% per year since 2018. You can see the range of returns across the listed names and across their respective sectors.
On average, the combined listed stocks did +36% price gain every year. And this excludes dividends.
So what is my point?
Do not panic. Do not fret. The red and blurry scenes are part of it, as long as you are invested in very good, solid, and sound companies.
You’d be fine. So open that @cowrywise app and keep buying more.