Finally in Green on FIDSON Remaining TIP

DON’T BUY Dangote Refinery shares. 😔 In 2007 — 19 years ago — I bought Dangote Flour Mills shares with ₦150,000. I have the share certificate, and my name is on it; I posted it with this post. 📜 I never received any dividend (the profit shared among shareholders), and to this day I have not even recovered my original capital. I tried to follow up through a stockbroker, but I couldn’t find anyone nearby who could help. I only went to Lagos in 2019. 🚗✈️ I also went to the bank many times to fill e-Dividend forms, but I later noticed that Dangote Flour Mills had been removed from the list of companies on it. 🤦‍♂️ In 2022, Pension and Stockbroker offices started appearing in Gombe. I went to one office; the staff member told me Dangote Flour Mills had sold the company and that shareholders’ money had been transferred to the government — the NIPF (National Investment and Protection Fund). From there they told me to go to the SEC, where they said I should fill an e-Mandate form. I filled it, but up till now there has been silence. 😔 Because of this experience, I cannot advise anyone to rush into buying shares without first understanding how the system works. Investigate thoroughly. Know where you will claim your dividend and your original capital if the company changes structure or stops operating. 📊💰 Now I would also like people who understand financial calculations to work out the value for me: ₦150,000 in 2007 — looking at the exchange rate and the value of money at that time — roughly how much is that worth today? 🤔💵 Wassalam. 🙏 From ADAMU YUSUF on Facebook

Nigeria has been reinstated in FTSE Russell’s Frontier Market universe, effective 21 September 2026, after being classified as “Unclassified” since September 2023 due to issues including FX liquidity, capital repatriation, and market accessibility. The return means: Nigerian companies regain visibility in major global investment benchmarks. International investors and index-tracking funds may have greater exposure to Nigerian equities. Among the 31 Nigerian companies included in the FTSE Russell Frontier Market Index, these are the Shariah complaint companies

The Monetary Policy Committee (MPC) at its 307th meeting voted on policy parameters as follows: • Monetary Policy Rate (MPR): Reset to 23%. • ⁠Standing Facilities Corridor: Recalibrated at +50 / -300 basis points around the MPR. • Cash Reserve Requirement(CRR): Retained at 45% for Deposit Money Banks, 16% for Merchant Banks, and 75% for non-TSA public sector deposits. #PressBriefing #MPC

My day has been disrupted. We cannot continue to excuse and ignore the irresponsibility and crass impunity of @flyairpeace in this country. Mr Allen Onyema possibly believes that because he has the largest fleet of aircraft, and his company occasionally intervenes in the repatriation of stranded Nigerians aboard, that gives him the latitude to take passengers for granted endlessly. I am scheduled to appear in court in Enugu State this morning for a case that is slated for definite hearing. I woke up by 4:30 AM and got to MM1 at about 5:50AM hoping to join the 6:45 AM flight with Air Peace. I already checked in last night. I became suspicious when Air Peace called for only passengers who were supposed to fly to Enugu and Owerri yesterday, while passengers scheduled to depart today were asked to wait. Apparently, they cancelled yesterday’s flight to Enugu. Air Peace kept us on the line for about an hour before their staff came and casually told us that the flight has been delayed till 4:50 PM. At 2:01 AM today, Air Peace sent a second reminder to passengers, despite knowing that the flight was not going to depart as scheduled. It is sickening that this airline has persisted in its poor service delivery despite routine complaints by passengers. The regulators of the aviation industry are complicit in the impunity of Air Peace. The Minister of Aviation, @fkeyamo, has been doing PR for this airline instead of holding them accountable. @NigeriaCAA and @FAAN_Official have demonstrated that they’re incapable of tackling the arrogance of this airline. My client’s fate is now uncertain because of the irresponsibility of Air Peace. I met two learned colleagues who were equally billed to travel on the same flight. One of them also has a hearing this morning in Enugu. Unfortunately , the two other airlines that fly to Enugu from Lagos (United Nigeria and Enugu Air) only have afternoon flights today. I lost sound sleep, wasted my resources on flights and taxis (by the way, I already booked my return flight with United Nigeria slated for 3:20 PM today), and I am going to miss a sensitive court appearance. Official data published few ago by NCAA revealed that Air Peace delayed 71% of its flights in August 2026. According to NCAA, Air Peace recorded 1,330 delays out of 1,864 flights, representing about 71 percent. No sanctions were imposed. No country that is serious about economic development will condone such ineptitude.

I 💯 agree with you, I invested 900k in oceanic Bank then, and First bank 600k but never received even 20k from first bank since 2010 to date. That is why I tell everyone who care to listen that do not invest ur money where is not protected by the government.

Do You Really Need an iPhone 18? The iPhone in this photo is ten years old. I just compared this iPhone 7 with its most recent sibling, and aside from aesthetics, there isn't much of a quantum leap between the two. The main differences are screen size and camera placement. The iPhone 18 obviously records better video, but with apps, you can improve the quality of shots you take on an iPhone 7, too. In my opinion, most people don't need an iPhone 18. You may want it. But you don't need it. Your current iPhone can do almost everything the iPhone 18 will do. Your existing Samsung device can do most of what the iPhone 18 can. Even more interestingly, the iPhone can't do some of the feats your Samsung can. Yet, the iPhone 18 is an amazingly good phone. Whether you buy one or not, in about a year, Apple will launch a new iPhone, and the iPhone 18 will become passé and lose up to 50% of its value. Or more. Understand that the dictionary meaning of what an asset is is literally different from the accounting definition of the word asset. According to the Oxford English Dictionary, an asset is anything that has value. But in strict accounting terms, an asset has present value and is expected to continue to have future financial value, especially one that increases or at least remains constant. I leave it to you to decide, based on the definitions above (which you can fact-check), whether an iPhone 18 is an asset you need. If you have $1299 or ₦2.5 million, you can multiply those funds by as much as 1000% in five years or less by investing in the Dangote Refinery IPO, which is likely to be oversubscribed. Put in an average mutual fund, that money will definitely yield you at least $250. I know this because I have been benefiting from such funds for years, and apart from the #COVID19 downturn, mutual funds ALWAYS yield a handsome profit. $60,000 in a mutual fund will give you about the same income as $360,000 in a fixed deposit. I am speaking from experience. You can also multiply your wealth through ETFs, CDs, REITs, Treasury bills, Treasury bonds, lending clubs, crypto, and spot trading, with the last two being riskier and the others carrying very little peril. Therefore, think twice before being carried away by consumerist trends. Remember, you have a life to live, and before feeding your ego, you may want to ensure you and your family are fed now and in the future. But if you are making a fortune from social media posts, reels, and other audiovisual content, and an iPhone 18 will scale up your income, then by all means go for it. In your specific case, the iPhone 18 is likely an asset rather than a liability. Bemigho Reno Omokri

For New Investors: NGX Market Hours If you’re new to the Nigerian stock market, save this: 🟢 Market opens: 9:00 AM 🔴 Market closes: 4:00 PM Monday – Friday Know the market hours. Trade with a plan.