Mazi Kanu Nonso

[Jeybro @TheLord_Jeybro]

If Canada 🇨🇦 is on your list, consider graduate school.

Already have a degree? Explore Master’s and PhD programs, especially funded research programs.

Start with Canada’s leading research universities at https://t.co/jm6uo7Obn0

[Tuchel @Officially_Kriz]

If you invest ₦1 million annually at a 30% compounded annual return and increase your yearly contribution by 50% every year, you would grow your portfolio to over ₦100 million in about 8 years. This is enough to qualify as a High-Net-Worth Individual (HNI) in 🇳🇬

[DAVID OYIN @steezy10_]

The rate at which people are borrowing money is crazy. Is it that bad?

[JP Attueyi @jpattueyi]

If you have money in MMF, Treasury bill or fixed deposit, you may want to pay attention to this.

The CBN just cut its benchmark interest rate from 26.5% to 23%.

What does that mean for the ordinary Nigerian?

Money is becoming cheaper.

But don't expect your bank to call you tomorrow and say, “Oga, your loan is now 23%.” 😂

The MPR is a benchmark. The effect takes time to move through banks and the financial system.

Here's where you should pay attention:

1. Treasury Bills
T-bill yields have already started falling.
The 364-day T-bill was yielding 17.59% in August as at September 9, it had fallen to 16.62% at the auction.

So if you've been enjoying high returns on T-bills, don't assume today's rate will be tomorrow's rate.

2. Money Market Funds
MMFs invest in short term instruments like T-bills and bank placements.

When those instruments start paying less, MMF returns can eventually come down too.

Not necessarily tomorrow.
But as existing investments mature and are reinvested at lower rates, the fund's yield can change.

3. Your fintech savings
That 18%, 20% or 25% rate you're seeing?
Don't assume it's permanent.

As market rates fall, fintechs and banks may have less reason or ability to keep offering very high returns.

4. Loans
This is the other side.
If the lower MPR feeds through to lending rates, borrowing could eventually become cheaper.

But MPR falling to 23% does NOT mean your personal loan is now 23%.

Your bank still considers its funding cost, your credit risk, the type of loan and other factors.

And here's the part I really want you to understand: For the past few years, Nigerians have become accustomed to seeing very high returns on relatively low risk naira investments.

That environment can change.

So don't build your entire financial strategy around “This MMF is paying me 20%, so I'll just keep doing this forever.”

Rates move.
So you have to keep evaluating your investment and asking “What is my money invested in, why is it paying this return, and what happens if rates fall?”

The CBN has just given us a very clear signal that the era of very high interest rates may be changing.

And if you don't understand how interest rates affect your money, you may not notice the change until your returns have already fallen.

[NEFERTITI @firstladyship]

Peter Obi’s official campaign portraits. 🤩

[Mazi Kanu Nonso @its_nonso]

Man U be like QPR ATM

[billionaireprince🇳🇬🇺🇸 @PrinceIsraelsw1]

There is money in here in Nigeria

If you can get 50,000 people to pay you 500 naira monthly,

You should be making 25m naira monthly

With that you should be taking home profit of 5m to 10m monthly

This is what the rich understand that the poor doesn't.

[Josiah @josiahjdp]

Four hours after my wife’s funeral, my daughter threw her old savings book in the trash and said, “mom never really had any money.” I quietly picked it up and went to the bank.

The moment the bank manager saw the account number, he locked the door, picked up the phone, and called the police...

[billionaireprince🇳🇬🇺🇸 @PrinceIsraelsw1]

If you’re between the ages of 18-35.

Invest ₦30k monthly in a money market mutual fund and touch your first ₦100m after 245 months at 20% return p.a

Invest ₦60k monthly and do it in 123 months.

Invest ₦120k monthly and achieve it in 62 months.

Invest ₦240k monthly and achieve it in 31 months.

Yoy don't know What to do after you hit ₦100m?

You can leave it there in mutual funds to keep working and paying you or diversify into real estate.

Your time starts now, please take action before old age catches up with you.

Not a financial advice.

[Mahmud Galadanci @Galadanci02]

In Abuja and Lagos, many people are sleeping in offices and mosques near their workplaces because of high transportation costs!

​I am not telling you a story, I am telling you what is actually happening!

[Nigeria Market Lens @NGMarketLens]

The Dangote Refinery IPO opens Monday.

We now have the numbers, so forget the hype for a moment.

What exactly are investors getting for ₦525?

Offer price: ₦525/share
Minimum: 10 shares = ₦5,250
New shares: 4.1bn
Gross raise: ~₦2.15tn
Implied post-offer valuation: ~₦65.2tn

First point:

₦525 does not mean the stock is cheap.

Share price means little without knowing how many shares exist. At ₦525, investors are valuing the equity at roughly ₦65.2tn.

So what supports that valuation?

H1 2026:

Revenue: $13.91bn
EBITDA: $2.60bn
Net profit: $1.82bn

That is a huge turnaround from the $476m loss in FY2025.

If you simply annualised H1 earnings, the IPO valuation would imply roughly a 13x P/E.

Interesting? Yes.

Obviously cheap? No.

Refining profits are cyclical. H1 benefited from strong margins, with gross refining margin reaching about $24.50/barrel, versus $13.70 in 2025.

Then comes the bigger question: growth.

Dangote plans to expand capacity towards 1.4m barrels/day by 2029.

Estimated cost: ~$14.3bn.

That could transform earnings, but it also brings financing, execution, crude-supply and cost-overrun risks.

And only around 3.3% of the enlarged shares are being issued in the base offer.

That matters.

Strong demand + limited new shares could create scarcity after listing.

But remember:

Oversubscription ≠ undervaluation.

Independent analysts currently value the equity above the IPO price.

CardinalStone: ~₦77.7tn
Chapel Hill Denham: ~₦82.6tn

versus the IPO valuation of ~₦65.2tn.

That suggests potential upside if their assumptions prove correct.

But valuation models are assumptions, not guarantees.

So what should investors watch?

Margins. Debt. Cash flow. Capacity utilisation. Crude supply. Expansion financing. Dividend policy.

Not simply the Dangote name.

For retail investors, participation is unusually accessible.

Minimum: ₦5,250

Applications will be available through approved banks, brokers, NGX Invest and authorised electronic channels.

Basic process:

BVN → choose shares → pay → confirmation

But confirmation is not final allotment. Heavy oversubscription could mean receiving fewer shares than requested.

My view?

Dangote Refinery is an extraordinary Nigerian asset and could become one of the NGX’s most important companies.

I expect very strong interest.

But a great company and a great investment are not automatically the same thing.

At ₦525, I would ask:

Can current profits last?

How will the $14.3bn expansion be financed?

How much sustainable free cash flow can eventually reach shareholders?

That is the real IPO analysis.

Not:

“Is ₦525 cheap?”

But:

“Is Dangote Refinery worth ₦65.2 trillion?”

That is the question I’ll be watching as the offer opens.

[SAY CHEESE! 👄🧀 @SaycheeseDGTL]

Amazon Prime Air Boeing 767-300 has run off the runway and onto a highway at Miami International Airport

[Mazi Kanu Nonso @its_nonso]

@ChuksEmma947401 Interested

[🥷 @_iamhabeeb]

one of the healthiest habits you can develop is learning not to talk too much

[Mind Matter @MindMatter28]

if you're currently 25-32, please read this carefully.

[Malkia Nyuki 👑 @nyuki_malkia]

Reacher or Lioness

[Mazi Kanu Nonso @its_nonso]

@kingsleyEz71789 I’m interested.
kindly share details.

[Mazi Kanu Nonso @its_nonso]

@ChuksEmma947401 Interested please

[Nairametrics @Nairametrics]

The Federal Government borrowed N11.9 trillion between June 2023 and December 2025, but says the amount would have been significantly higher without the fiscal space created by its economic reforms.