The Nigerian Investor

What can losing over ₦18 million teach you about investing? On this episode of The Nigerian Investor Podcast, Mudi sits down with Wale Banks, a long-term investor in Nigerian and US equities, for an honest conversation about investment mistakes, stock valuation, portfolio construction, and the discipline required to build lasting wealth. Wale reflects on his early investing mistakes, including buying stocks without sufficient research, and explains how those experiences shaped his approach to analysing businesses and managing risk. We also explore how to identify quality companies, understand intrinsic value, use discounted cash flow analysis, and avoid paying too much for a good business. In this conversation: • The investing mistake that cost Wale over ₦18 million. • Why an emergency fund should come before stock-market investing. • How to evaluate a company’s business, financials, and management. • Understanding intrinsic value and the margin of safety. • What to consider when a stock in your portfolio…

Dangote Refinery IPO, Naira Reforms & Where to Invest in Nigeria | Anthony Returns Is the Dangote Refinery IPO overvalued, or are investors overlooking one of Nigeria’s biggest investment opportunities? And should Nigerians in the diaspora be investing more in naira-denominated assets? Anthony returns to The Nigerian Investor Podcast for an in-depth conversation with Mudi about Nigeria’s monetary reforms, the outlook for the naira, opportunities on the Nigerian Exchange (NGX), and the investment decisions shaping the market. In this episode, Anthony explains why he believes the Dangote Refinery deserves a valuation premium, discusses his bullish outlook on Nigerian investments despite currency risks, and compares the performance of the NGX with dollar-denominated alternatives. The conversation also examines First HoldCo’s commitment to paying at least 60% of Group profit after tax as dividends, the sustainability of its earnings growth, and whether its current valuation is justified. Anthony shares his views…

What happens to your shares when a company leaves the Nigerian Exchange (NGX)? In Episode 64 of The Nigerian Investor Podcast, Mudi breaks down NGX delisting in simple terms and explain what Nigerian investors need to know when a company is removed from the Exchange. We look at the difference between voluntary and regulatory delisting using three real Nigerian companies: 📌 MRS Oil — a voluntary delisting from the NGX followed by admission to the NASD OTC market. 📌 ASO Savings & Loans — a regulatory delisting following the revocation of its operating licence by the Central Bank of Nigeria. 📌 STACO Insurance — regulatorily delisted by the NGX on September 21, 2026, following the revocation of its operating licence by NAICOM. We also answer some important questions: • Does delisting mean your shares become worthless? • What happens to shareholders after delisting? • What is the difference between voluntary and regulatory delisting? • What happens to the liquidity of your shares? • Why might a company…

What do BLS, MRF, RST, DWL and BMF mean when you see them beside an NGX-listed company? In Episode 63 of The Nigerian Investor Podcast, Mudi and Aye break down the NGX Compliance Status Indicator (CSI) and explain what these three-letter codes mean for investors. The Compliance Status Indicator provides information about the compliance status of a listed company at a particular point in time. But what exactly does each code mean—and why should investors pay attention? In this episode, we explain: 📌 BLS — Below Listing Standard 📌 MRF — Missed Regulatory Filing 📌 DWL — Delisting Watch-List 📌 DIP — Delisting in Progress 📌 AWR — Awaiting Regulatory Approval 📌 RST — Restructuring 📌 BMF — Below Listing Standard & Missed Regulatory Filing 📌 BAA — Below Listing Standard & Awaiting Regulatory Approval 📌 BRS — Below Listing Standard & Restructuring 📌 MRS — Missed Regulatory Filing & Restructuring 📌 BMR — Below Listing Standard, Missed Regulatory Filing & Restructuring We also look at real NGX examples, including ALEX,…

How much research is enough before making an investment decision? In Episode 62 of The Nigerian Investor Podcast, Mudi and Aye explore analysis paralysis—the point where research, valuation models, opinions and endless information stop helping you make better decisions and start preventing you from making any decision at all. Using the upcoming Dangote Refinery IPO as a real-world case study, Mudi and Aye examine the difference between proper due diligence and overanalysis. They discuss: 📊 How to separate a great business from a great investment 💰 Why valuation matters, even when the underlying business looks exceptional 🧮 The strengths and limitations of DCF and valuation multiples 🏭 What Dangote Refinery’s revenue, profitability, throughput and expansion plans mean for investors 📈 Why strong recent earnings shouldn’t automatically be treated as sustainable earnings ⚠️ The key risks investors should consider when analyzing a refinery business 🔍 How to identify when you’re doing useful research versus…

“If you can afford to lose the money, why are you investing it in the first place?” That’s a question Mudi gets whenever he talks about the popular investment advice: “Only invest what you can afford to lose.” But does that mean you should expect to lose your money? Absolutely not. In Episode 61 of The Nigerian Investor Podcast, Mudi breaks down what this advice actually means and why it matters when investing in stocks, the NGX, and other financial assets. Using the NGX’s sharp decline in June as a real-world example, Mudi explains what can happen when you invest money you’ll need in the short term—like school fees—and the market suddenly moves against you. Because the biggest problem isn’t always the market falling. Sometimes, it’s needing your money while the market is down and being forced to sell. In this episode, we explore: • What “afford to lose” really means • Why not all the money in your bank account is investment money • How your investment time horizon affects risk • The difference between risk…

🎙️ Episode 60: Circuit Breakers Explained – The Emergency Brake of the Nigerian Stock Market What happens when the Nigerian stock market suddenly stops trading? Your trading app freezes. Prices stop updating. Orders stop executing. Is something wrong? Not necessarily. Just like the circuit breaker in your home automatically cuts power to prevent electrical damage, the Nigerian Exchange (NGX) has its own emergency safety mechanism designed to protect investors during periods of extreme market volatility. In this episode of The Nigerian Investor Podcast, we break down NGX Rule 15.46—the market-wide circuit breaker that temporarily halts trading when the All-Share Index (ASI) moves 5% or more within the Exchange’s designated monitoring window. You’ll learn: ⚡ What an NGX circuit breaker is and why it exists 📈 How the 5% trigger works ⏸️ Why trading pauses for 30 minutes 📅 The first time the circuit breaker was activated during the 12 November 2020 market rally 🤔 Why it did not activate during the 30 May 2023…

The $5.2 Billion Fine That Changed the NGX Forever MTN Nigeria is one of the most powerful market movers and dividend machines on the Nigerian Exchange today—but its journey to the public market wasn't voluntary. In this episode of The Nigerian Investor, we unpack the dramatic history of how a massive regulatory crisis turned into one of the most profitable investments in Nigerian capital market history. Join us as we explore: How MTN built a monopoly in the early 2000s while remaining privately owned. The 2015 NCC crackdown on 5.2 million unregistered SIM cards that led to a historic fine. The intense backroom negotiations with the CBN, Attorney General, and federal government that ultimately forced MTN to list on the stock exchange. The 2019 listing frenzy that drove a 700% capital gain from ₦99 to ₦790 per share. Discover the real forces behind corporate Nigeria where strategy, policy, and timing intersect. If you love breaking down the Nigerian capital market one brick at a time, hit Follow, rate our…

How many stocks should you actually hold — and does your portfolio size change the answer? In this episode of The Nigerian Investor Podcast, Anthony Uzum (@Anthonyuzum) shares his personal framework for portfolio construction on the Nigerian Exchange, including why he caps his holdings at 20 stocks, why investors with under ₦10M should hold no more than 4–5 names, and why he intentionally skips good companies like MTN, NGX Group, and NASCON. Anthony also explains the role of "protective" holdings like GTCO — stocks he doesn't expect to generate outsized returns, but that provide ballast in a volatile market. Whether you're managing ₦1M or ₦100M, this episode will change how you think about concentration and risk. Topics covered: The ₦50M+ threshold for holding up to 20 stocks Why over-diversifying with a small portfolio destroys returns Stocks Anthony knows are good — but still doesn't own GTCO as a portfolio "anchor" rather than a high-return pick How to think about downside risk at different portfolio sizes

Most investors on the NGX are guessing.In this excerpt from episode 58, released last week, our guest, Anthony breaks down a real system used to rank stocks and build a high-conviction portfolio.⸻Anthony, an investor uses a structured, data-driven approach to pick stocks and allocate capital.Instead of relying on hype or Telegram tips, Anthony focuses on: • PEG Ratio (Growth vs Valuation) • Price to Cash Flow (Not just P/E) • Revenue & Earnings Growth • Cash Flow from Investing Activities • Price to Book & Price to SalesHe then ranks stocks monthly and concentrates capital into his highest conviction ideas.This strategy has led to: • Top 6–7 stocks making up ~70% of his portfolio • Strict allocation rules (10–20% caps per stock/industry) • Disciplined, repeatable investingIf you’ve ever wondered: • “How many stocks should I hold?” • “How do I stop random buying?” • “What metrics actually matter?”This excerpt and full episode is for you. 🎯 Key Takeaways: Why price alone means nothing in investing How to rank…

In Episode 58, we sit down with @Anthonyuzum to discuss how to build a serious investment portfolio on the NGX. We cover stock analysis, portfolio construction, capital allocation, valuation, PEG ratio, defensive positions, concentration vs diversification, currency risk, global investing, and the habits needed to build long-term wealth. Anthony also shares the three Nigerian stocks he would hold for the next 10 years and explains why he still believes the NGX remains undervalued. A practical episode for anyone serious about becoming a better investor.

In Episode 57 of The Nigerian Investor Podcast, we speak with Emmanuel Osu (@osuet1), founder of Stockyvest, a new tool built to help Nigerian investors research stocks more easily. We discuss: his NGX journey mistakes investors make why analytical tools matter how Stockyvest works liquidity, dividends, and financial health the future of stock research in Nigeria Would you use a platform like Stockyvest before buying a stock? Like, subscribe, and share. #TheNigerianInvestor #NGX #Stockyvest #NigerianStocks

Investing in the stock market is not just about finding the next hot stock. It is about discipline, patience, and emotional control. In this episode of The Nigerian Investor Podcast, hosts Mudi and Aye sit down with Wolf of NGX, a well-known voice in the Nigerian investing community, to discuss one of the most overlooked aspects of investing on the Nigerian Exchange Group: mastering your emotions. Many investors enter the market chasing hype, momentum, and social media trends. But as the Wolf explains, emotional decisions often lead to costly mistakes like panic selling, buying at the top, or becoming exit liquidity for smarter investors. In this conversation, we break down: • Why emotional control is critical to surviving NGX volatility • The danger of chasing “hot stocks” without fundamentals • How to build an investment system that removes emotions from decision making • The importance of savings in building an investment portfolio • Diversification vs concentration in stock investing • Why beginners…

Is Assessworth building the Bloomberg Terminal for Nigerian retail investors? In this episode of The Nigerian Investor Podcast, we sit down with Elijah Rona, CEO of Assessworth, a fast-growing investment research platform designed to help Nigerian investors make smarter decisions. Assessworth aims to solve one of the biggest problems in the Nigerian stock market: Lack of accessible investment information. We discuss: • Why Nigerian investors struggle with information • How Assessworth works • Stock recommendations and risk analysis • Portfolio tracking tools • AI-powered stock analysis • SEC licensing and credibility • Future plans including broker integration • How Assessworth compares to Nairametrics and broker apps • Common investing mistakes Nigerians make If you invest in Nigerian stocks or want to start investing, this episode is for you. Spotify:https://open.spotify.com/show/6eE7GYMKpzCwaoy9zzcg42?si=9E-dnARwTIqdtu-zHTC2Mw Apple Podcasts: The Nigerian Investor Amazon…

Many investors celebrate revenue growth. But smart investors ask a better question: How much of that revenue did the company actually keep? In this episode of The Nigerian Investor Podcast, Mudi and Aye break down one of the most misunderstood areas of financial statements — margins. We explain: What gross margin really means How operating margin shows business efficiency Why net margin is the true bottom line The difference between profit (₦) and margin (%) Why you must compare companies within the same industry How to analyze NGX company results properly Using a simple smoothie business example, we walk you step-by-step through how companies convert revenue into real profit. Next time you see results from companies like Guaranty Trust Holding Company Plc, MTN Nigeria Communications Plc, or Presco Plc, you’ll know exactly what to look for. 🎧 This episode is perfect for: Beginner investors NGX retail investors Anyone learning to read financial statements Homework: Download financial statements of two…

Ethical investing is no longer just a personal preference — it’s becoming a core part of how investors think about capital, responsibility, and long-term value. In this episode of The Nigerian Investor Podcast, Mudi breaks down what ethical investing really means and why Nigerian investors should look beyond just profits when building their portfolios. We explore the difference between ethics, morality, and law, the two major ethical investing approaches, and how different sectors on the Nigerian Exchange come with unique ethical considerations. This episode will challenge you to ask an uncomfortable but important question: What do your investments say about you? 🎧 Listen, reflect, and decide how to balance profit with principles. If you enjoyed this episode, please follow or subscribe on Spotify and YouTube, leave a rating or comment, and share it with someone who needs to hear this conversation.

Many Nigerian investors panic when they wake up and suddenly see their shares reduced or multiplied. But should you? In this episode of The Nigerian Investor Podcast, Mudi and Aye break down stock splits and share reconstruction (reverse stock splits) in simple, practical language anyone can understand. You’ll learn: What share reconstruction really means Why companies reduce shares but increase prices How stock splits work during bullish markets Why your total investment value stays the same The difference between cosmetic changes vs real fundamentals How these corporate actions appear in financial statements What Nigerian investors should actually focus on (earnings, dividends, cash flow) Whether you invest on the Nigerian Exchange Group or you’re just starting out, this episode will help you stop panicking and start thinking like a long-term investor. 🎯 Key takeaway: Don’t react emotionally to corporate actions. Always connect them back to fundamentals. 👉 Like, share, and follow @TNIpodcaster to help more…

Real estate in Nigeria can build wealth — or wipe you out if you buy blindly. In this episode, we sit with Afebu Omo-Ikirodah (@afebu3) to break down the real meaning of land titles, why due diligence is non-negotiable, and why the phrase “excision in progress” is one of the biggest red flags in Nigerian real estate. We also discuss financing options Nigerians actually use (cooperatives, pooling, fractional ownership, NHF, payment plans), how to think about ROI and rental yields, and what diaspora Nigerians must do differently before investing back home. Nigerian real estate, land titles, C of O, certificate of occupancy, excision, governor’s consent, due diligence, diaspora investing, property investment Nigeria, real estate financing, cooperative loans, fractional real estate, rental yield, real estate ROI, inflation hedge, omonile, land verification

Many Nigerians work hard, earn well, yet still struggle to build lasting wealth. Why?In this episode of The Nigerian Investor Podcast, Mudi and Aye sit down with Wealth Coach Omiete Inko-Tariah to break down what wealth creation really looks like in Nigeria — beyond salaries, hype, and shortcuts.We discuss:• Business income vs investing• Discipline, systems, and long-term thinking• Common mistakes retail investors make on the NGX• What young Nigerians must prioritize financiallyThis is not a motivational episode.This is a clarity episode.👍 Like, subscribe, and share — it helps us reach more Nigerians trying to get their finances right.📌 Disclaimer: This content is for educational purposes only and does not constitute financial advice.

Episode 49 – How My Dividends Started Paying Me Every Minute In this special solo episode, Mudi takes you behind the scenes of his real dividend journey — from losing everything in the 2007 market crash to earning dividends every single minute today. He shares how his annual dividend income quietly grew from ₦23,548 in 2019 to ₦3,969,456.38 by full year 2024, and what that looks like per month, per week, per day, and even per minute. This is not a get-rich-quick story. It’s a brick-by-brick story: small deposits, consistent investing, staying the course, and letting time and compounding do their work. If you’ve ever felt like your current numbers are “too small” to matter, this episode is your reminder that five patient years can change your life. In this episode, you’ll hear: How the 2007 market crash wiped out Mudi’s first investment Why he came back in 2013 with a different mindset The moment he started tracking dividends in 2019 How his dividend income grew from ₦23k to almost ₦4m The breakdown of what…

🎙️ About This Episode (Ep. 48) In this episode of The Nigerian Investor Podcast, Mudi breaks down 11 powerful investing lessons every beginner should know before putting a single kobo into the market. Drawing from over a decade of personal experience—through market crashes, rebounds, emotional mistakes, and long-term wins—Mudi shares practical, hard-earned insights to help new investors build wealth the right way. Whether you’re investing on the NGX, buying dividend stocks, or just learning how the market works, this episode simplifies the journey and gives you a clear path to follow. • The difference between traders & long-term investors • How emotions destroy portfolios • Why greed & fear move the market • How to use chaos & market panic to your advantage • Why consistency beats timing • Why you should only invest what you can afford to lose • The secret to letting your salary fund your investments • Why compounding is the silent wealth builder • The importance of learning, reading & staying informed…

🎙️ Mudi breaks down one of the most overlooked players in Nigeria’s capital market — the Registrars. From dividend payments and AGMs to dematerialization, e-dividend mandates, and DRIPs, discover how registrars manage your shareholder records, why dividend delays happen, and how to identify who handles your shares. Featuring all 19 licensed NGX registrars — from African Prudential to Veritas. 🔗 Useful Links:• SEC e-Dividend Portal — https://docuhub3.nibss-plc.com.ng/edmms/self-service/log-mandate #TheNigerianInvestor #Dividends #NGX #Registrars #TNIpodcast

🎙️ About this episode: This episode of The Nigerian Investor Podcast is the first of its kind — a comprehensive reference guide linking every listed company on the Nigerian Exchange (NGX) to the 19 licensed registrars that manage them. Beyond dividend payments, this episode highlights how registrars form the backbone of shareholder management, AGMs, dematerialization, and corporate record-keeping in Nigeria’s capital market. From African Prudential to Veritas, Mudi compiles a one-stop directory that helps investors identify, contact, and understand who truly manages their shareholdings. 📚 What You’ll Learn: • The full list of NGX registrars and their assigned companies • How to identify and contact your registrar easily • Why registrars matter beyond dividend payments • Insights into dematerialization, e-dividend mandates, and DRIPs • Why some investors experience dividend delays — and how to avoid them

Guest: @iamtennygee — lawyer & compliance expert focused on investor education in Nigeria. Episode focus: Why dividend payouts break, how to run simple due diligence, red flags to avoid, and beginner-friendly ways to start with ₦50,000 (ETFs/NIDF/dividend income). We also discuss what regulators and registrars need to fix—automation, enforcement and transparent data—to rebuild trust in the market. You’ll learn The real reasons retail investors miss dividends (and how automation/e-mandates help) Practical due diligence steps for beginners Spotting “too-good-to-be-true” returns before losing money Using ETFs and NIDF for diversification + steady payouts Why financial literacy belongs in Nigerian schools The policy levers that could quickly improve trust and liquidity

Ever wondered who really makes the Nigerian Stock Market work? 🤔 In this episode, we break down the key players in the Nigerian Stock Market — from the Nigerian Exchange Group (NGX) to stockbrokers, registrars, the Central Securities Clearing System (CSCS), the Securities and Exchange Commission (SEC), and listed companies. Here’s what you’ll learn: ✅ The role of the NGX as Nigeria’s stock exchange ✅ Why you need stockbrokers to buy and sell shares ✅ How registrars ensure you get your dividends & keep shareholder records ✅ What the CSCS does as the clearing house and custodian of shares ✅ How the SEC regulates and protects investors ✅ What obligations listed companies have to shareholders By the end of this video, you’ll understand how these institutions work together to keep the Nigerian capital market running — and how it affects you as an investor. 👉 Don’t forget to like 👍, subscribe 🔔, and share this with anyone who wants to learn about investing in Nigeria. 🎧 Also available on: Spotify, Apple Podcasts,…

Welcome to Episode 44 of The Nigerian Investor Podcast (TNI Podcast) 🎙️ In this power-packed episode, we sit with Peter Oke (@ProfitableMan1) — a business developer, finance coach, writer, and the voice behind Profitable Man. From losing it all to Ponzi schemes, to writing The Naija Investor, Peter shares raw lessons, timeless strategies, and practical insights for anyone serious about building wealth in the Nigerian Stock Market. 🔥 What You’ll Learn in This Episode: Why “Buy the Truth Before the Stock” is the principle every investor must master 📘 The painful lessons behind Ponzi schemes & hype-driven investing 🚫 How to start investing with as little as ₦5,000 💵 Why patience is the #1 skill that separates successful investors ⏳ How community, discipline, and financial literacy build lasting wealth 📖 Grab Peter’s book The Naija Investor here 👉 https://t.co/VLfhU2jiwk

The Nigerian Investor Podcast – Episode 43 In this episode, we sit with Toby, the wealth architect behind @TomolaGroup and Vault Holders, a fast-growing financial literacy community helping Nigerians rethink money, build structure, and achieve lasting wealth. From making financial mistakes in his youth to creating platforms that turn hustlers into disciplined money movers, Toby shares practical insights on: 💡 Why wealth is not about how much you earn, but how well you manage it 📊 The 4 money biases that keep people broke — and how to overcome them 💸 Smart savings, goal setting, and building money habits that stick 🔑 Why you should spend to progress, not to impress 📉 Beating inflation with emergency savings, cash flow, and skill upgrades 🌍 The vision for Vault Holders: building a supportive community for wealth creation If you’ve ever struggled with money discipline, felt overwhelmed by investing “noise,” or wondered how to start building wealth with little, this episode will give you clarity, confidence, and…

🎙️ Episode 42 – The Nigerian Investor Podcast In this episode, we host Prince Evans Chinonso (@vhubofficial) — speaker, entrepreneur, and value investor — who shares his incredible journey from backyard poultry farming to building wealth through stocks and crypto. Prince Evans reveals how small beginnings and smart decisions shaped his financial path, including: ✅ Turning ₦200k into ₦350k while still a student ✅ Why value matters more than stock price ✅ The real wealth in Nigeria: Presco & Okomu Oil (better than crude oil!) ✅ The biggest mistakes young investors must avoid ✅ How to let assets, not salary, pay your bills This episode is packed with practical lessons on financial discipline, patience, grit, and value investing for anyone serious about building wealth in Nigeria and beyond. 👉 Don’t miss out — watch, learn, and subscribe for more insights into the Nigerian stock market and smart investing. #InvestingInNigeria #NigerianStocks #FinancialFreedom #TNIpodcast

In this episode of The Nigerian Investor Podcast, Mudi and Aye chat with Onome Ohwovoriole — market analyst, creator of Green Ticker Tales, and one of the most respected voices in Nigeria’s investing space. He shares insights on: • What’s fueling Nigeria’s bullish stock market 📈 • Risks new investors must avoid • Myths about penny stocks & “expensive” shares • Sectors to watch in 2025 — banks, oil & gas, insurance • Lessons from his biggest investing mistakes Whether you’re starting your investing journey or looking for deeper market insight, this episode is packed with practical tips and proven strategies to help you build wealth with clarity and confidence. #NigerianStocks #InvestingInNigeria #OnomeOhwovoriole #GreenTickerTales #StockMarketTips

Welcome to The Nigerian Investor Podcast — your go-to hub for decoding the Nigerian stock market, demystifying finance lingo, and serving hot investing gist with a sprinkle of Suya sauce! 🌶️ In this landmark 40th episode, Mudi and Aye sit down with the multi-talented Crypto Senko — a full-time investment analyst, technical trader, and vocal advocate for transparency in Nigeria’s capital markets. 🚀 In This Episode, You’ll Learn: • 🕒 Senko’s Daily Grind: From 9–5 investment banking to NGX trading (9AM–2:30PM), U.S. equities (2:30PM–9PM), and crypto markets around the clock. • 📈 Technical Analysis 101: How candlesticks, price action, and volume-based strategies work even in low-liquidity Nigerian stocks. • 💧 Understanding Liquidity: What makes a stock liquid or illiquid? Learn beginner-friendly float-size rules and how to spot NGX “danger zones.” • 🧠 TA + FA = Strategy: Combining technical and fundamental analysis (including shareholding structure and financial reports) to make smarter entry/exit decisions. •…

Join host Mudi on Episode 39 of the Nigerian Investor Podcast as he sits down with certified PMP, value investor, equity strategist—and tennis aficionado—Tope Adu (@AduOluwatope). Discover why successful investing is a game of volumes & numbers, and learn how to: Decode financial statements (ROE, EPS, cash flow, debt-to-equity) Spot red flags like negative shareholders’ equity Build a high-conviction portfolio with just a few quality stocks Apply context-driven, long-term value investing strategies “Declutter” your social media feed to focus on positive, market-moving insights Whether you’re a beginner or seasoned trader, this deep-dive equips you with the financial literacy and practical tools to navigate Nigeria’s bullish capital market confidently. 🎧 Subscribe on Spotify, Apple Podcasts, Google Podcasts, or your favorite platform—and never miss an episode!

🎙️ From Losing Millions to Building Wealth Through Stocks & Real Estate | Tope Adu on The Nigerian Investor Podcast In this episode of The Nigerian Investor Podcast, Mudi sits down with Tope Adu — a certified project manager, value investor, and real estate entrepreneur — for a masterclass on how to build long-term wealth in Nigeria and beyond. 👉 From losing money during the 2008 stock market crash to paying for a U.S. MBA with dividends, Tope shares how he transformed his financial mistakes into generational wealth using education, discipline, and smart investing principles. 💡 Topics We Covered: His painful first experience with Nigerian IPOs like FirstBank & Costain How dividend income paid for his MBA in the U.S. Why most Nigerian investors lose money (and how to avoid it) Red flags in financial statements 📉 His real estate journey from zero to successful JV projects 🏘️ Why he avoids companies with bad corporate governance The truth about Oando and shareholder equity traps His checklist for evaluating any…

In this powerful episode of The Nigerian Investor Podcast, we sit down with Babatunde Aloba (@TwitsByAloba) — a Fellow Chartered Accountant, Certified Fraud Examiner, and author of AI-Powered Finance — to uncover the principles, strategies, and tech tools behind smart investing in Nigeria and the U.S. We discuss: 💰 Dividend + Growth investing strategies 📉 Red flags to watch in financial statements 🤖 How AI is reshaping personal finance 📊 Long-term investing in volatile markets 📚 Why financial education (not hype) is the key to wealth 🧠 His YouTube channel “PlugPortal” and how it’s bridging the knowledge gap Whether you’re a beginner or a seasoned investor, this episode will transform how you approach money, patience, and wealth-building. 📌 Subscribe and listen on: 👉 YouTube 👉 Spotify: [insert link] 👉 Apple Podcasts 👉 Amazon Music 👉 Deezer 👉 Podchaser 👉 iHeartRadio 📕 Get Babatunde Aloba’s Book on Amazon: AI-Powered Finance: Your Guide to a Smarter Financial Future 🔗 https://a.co/d/eMb9r8C 📲 Follow Babatunde…

In this episode of The Nigerian Investor Podcast, we decode the mindset and methods of one of Nigeria’s sharpest investing voices — Stephen Fidelis (@SCFidelis). From losing money on early IPOs to now making data-driven stock selections, Stephen shares what every Nigerian investor needs to know about the capital market, risk management, and why patience always pays. A must-listen for anyone serious about building wealth through the Nigerian stock market!

📈 How a Nigerian Nurse Builds Wealth from the UK + Investing in Nigeria’s Capital Market | Full Interview In this episode of The Nigerian Investor Podcast, Mudi sits down with Uthman — a Nigerian registered nurse practicing in the UK — who shares his inspiring journey from humble beginnings to becoming a global investor in UK, US, and Nigerian stock markets. 💡 Uthman opens up about: How he started investing from a low-income background in Nigeria 🇳🇬 Losing money in crypto (Luna crash) and pivoting to stock market investing How he invests in Nigerian stocks from the UK, despite regulatory challenges His experiences using platforms like Trove, Bamboo, and Cowrywise Why knowledge, diversification, and a systematic approach are non-negotiable His portfolio allocation strategy across NGX, crypto, and US stocks Why healthcare professionals need to make their money work for them Advice for retail investors in Nigeria and the diaspora 🌍 Whether you’re in Lagos, London, Canada, or Abuja, this episode is packed with…

🎧 Episode 34 – The Power of Patience: Why Most Investors Lose and How to Win In this episode, we unpack the story of Jide — a fictional yet relatable retail investor whose early success in the stock market turns into costly mistakes. From chasing hype stocks to panic selling, his journey highlights a lesson every Nigerian investor needs to learn: Patience is a money-making skill. We break down the emotional traps of investing and show how long-term thinking and consistent strategy can change your portfolio — and your mindset. 💡 Tune in and let time do the heavy lifting.

🎧 Ep. 33 – Fear, Greed & the Stock Market: Mastering Your Emotions On this episode of The Nigerian Investor Podcast, Mudi and Aye dive into the emotional side of investing — fear and greed. From chasing hype to panic selling, discover how to keep your cool and make smarter money moves in the Nigerian stock market. Listen now to learn how to: • Avoid emotional investment decisions • Recognize market psychology cycles • Stay focused on long-term financial goals 🎙️ Available on: Spotify | Apple Podcasts | YouTube | Deezer | Amazon Music 📲 #TheNigerianInvestor #InvestingInNigeria #FearAndGreed #StockMarketTips #FOMO #NSE #NaijaInvestors #LongTermWealth #SmartMoneyMoves

In this episode of The Nigerian Investor, Mudi and Aye wrap up their two-part series on how to analyze investments—this time diving deep into fundamental analysis. If you’ve ever jumped on a trending stock only to watch it crash, this one’s for you. Meet Chika, a fictional young investor whose story reveals why understanding financial statements, key ratios like P/E, EPS, ROE, and Debt-to-Equity can help you avoid hype and pick stocks with real value. Learn: • What fundamental analysis is and how it works • Key financial documents every investor should know • Crucial ratios that reveal a company’s health • How to spot undervalued vs. overvalued stocks • Why combining technical and fundamental analysis gives you an edge Whether you’re new to investing or looking to refine your strategy, this episode will equip you with tools to invest smarter. 🔗 Don’t forget to follow us on X (Twitter): @TNITPodcaster

🎧 In this episode of The Nigerian Investor Podcast, Mudi and Aye break down the basics of technical analysis using the hilarious (and relatable) story of Kunle—a beginner who learns the hard way why guessing the market doesn’t work. Learn how to read charts, spot patterns, and use tools like RSI, MACD, and support/resistance to make smarter trading decisions. Whether you’re into stocks or crypto, this episode is your intro to trading with confidence. #TechnicalAnalysis #InvestingNigeria #StockMarketTips

Welcome back to The Nigerian Investor! 🇳🇬 This week, Mudi and Aye serve up a hot plate of financial wisdom as they dive into asset classes—the building blocks of every smart investment strategy. From stocks and bonds to real estate, cash, and alternative investments, they break it all down with relatable examples and the right amount of Nigerian spice 🌶️ Whether you’re a beginner or brushing up your portfolio game, this episode will teach you: • What asset classes are and why they matter • How to diversify like a pro • Why putting all your money in one thing is financial suicide • How to balance risk and returns for long-term wealth 🎧 Grab a pen… or a plate of Jollof… and let’s get into it!

In this episode of The Nigerian Investor, Mudi and Aye break down Transcorp Hotels’ impressive 2024 audited financials. From a 69% revenue growth to a near 100% jump in operating profit, the numbers tell a strong story of performance. We also explore changes in equity, balance sheet strength, debt repayment strategy, and cash flow health. Whether you’re a current investor or just curious about one of Nigeria’s top hospitality firms, this episode gives you a full picture of what’s under the hood. Key highlights: • Revenue jumps from ₦41.5bn to ₦70.1bn • Operating profit almost doubles • Net profit more than doubles to ₦14.9bn • Equity grows from ₦66.8bn to ₦80.5bn • Positive operating cash flow and strategic investments 📊 It’s financial reporting season — don’t miss this deep dive.

In this episode of The Nigerian Investor, hosts Mudi & Aye sit down with Toye, the creator of Stock Bubbles, a platform that makes stock market data easy to understand through compelling visuals. From his journey in journalism to mastering data and investing, Toye shares how understanding liquidity, volume trends, and market psychology shaped his investing strategy. This episode dives deep into: ✅ How to pick the right stocks using volume & sector signals ✅ Why financial literacy is the game-changer for Nigerian investors ✅ How fintech and visual tools are transforming the Nigerian stock market ✅ The challenges of market transparency and low capital market participation ✅ Real advice for new investors on starting small, staying consistent, and avoiding hype Whether you’re a beginner or an active investor, this conversation delivers valuable insights on building wealth through smarter decisions. 📈 Don’t miss this must-hear chat about stock bubbles, mentorship, long-term investing, and the evolution of…

Ever felt the urge to panic-sell when the stock market dips? You’re not alone! In this episode of The Nigerian Investor, we break down risk tolerance—the secret weapon that separates winning investors from those who quit too soon. Learn from Femi’s mistakes and discover how to build an investment strategy that suits your risk appetite. 🎯💰 We’ll cover: ✅ The biggest mistakes new investors make ✅ How to determine your risk tolerance ✅ Why diversification is key to surviving market downturns ✅ The power of long-term investing

Welcome to The Nigerian Investor—your go-to podcast for deep dives into Nigeria’s most competitive industries! I’m Mudi, joined by my insightful co-host Aye, and today we’re shining a spotlight on Nigeria’s top cement companies: Dangote Cement, BUA Cement, and Lafarge Africa. In this episode, we’ll break down their 2024 financial performance, exploring revenue growth, profit margins, and dividend yields to see which titan truly dominates the Nigerian cement landscape. Whether you’re an investor hunting for your next big opportunity or simply curious about the industry giants shaping Nigeria’s infrastructure, you won’t want to miss these surprising insights. Hit that Subscribe button and stay tuned for a revealing head-to-head comparison that could change the way you view the Nigerian stock market. Let’s dive into the numbers!

Episode Description: Welcome to The Nigerian Investor Podcast – your trusted source for breaking down Nigeria’s stock market news and investment insights. In today’s eye-opening episode, hosts Mudi and Aye analyze MTN Nigeria’s shocking 2024 financial results. Discover how the blue-chip telecom giant reported a staggering 400 billion Naira net loss, suspended dividend payments for the second year in a row, and is burdened by a trillion-naira debt load. What You’ll Learn: Revenue vs. Loss: Despite a 36% increase in revenue, learn why soaring operating costs and forex losses are erasing profits. Debt & Negative Equity: Understand the impact of trillions in liabilities and what negative shareholder equity means for investors. Dividend Blackout: MTN, once a favorite for dividend seekers, has held back on payouts – and we discuss the pros and cons of this decision. Tariff Hikes & Future Prospects: Can recent tariff hikes and subscriber growth propel MTN back to profitability in 2025? Investment Outlook: Whether…

Welcome to The Nigerian Investor Podcast! In this episode, hosts Mudi and Aye simplify one of the most critical financial statements every investor and business owner must understand – the cash flow statement. While the income statement shows profit on paper, the cash flow statement reveals whether a business has the cash it needs to operate. Join us as we break down: What is a Cash Flow Statement? Learn how this report tracks the actual movement of money in and out of a business over a specific period—monthly, quarterly, or yearly. Three Main Components: Why It Matters: Find out why even profitable companies can face financial troubles if they struggle with liquidity, and how strong cash flow supports growth, dividend payments, and stability. Why Listen? Simplified Finance: We break down complex financial concepts into everyday language. Actionable Insights: Whether you’re an investor, entrepreneur, or managing personal finances, understanding cash flow is key to making informed decisions. Empower Your…

Welcome to The Nigerian Investor Podcast, where we simplify investing and finance for everyday Nigerians. In this episode, hosts Mudi and Aye break down one of the most crucial financial statements—the income statement. Whether you're managing your personal finances, running a small business, or investing in stocks on the NGX, this episode will show you how to decode revenue, expenses, and net income to make smarter financial decisions. What You’ll Learn: Fundamentals of the Income Statement: Understand what it is and why it's critical for assessing a company's performance over a period of time. Key Components Explained: Profit Margin Insights: A quick hack to evaluate efficiency by calculating net income relative to revenue. Real-World Relevance: Learn how consistent profitability, dividend potential, and growth trends can signal a healthy company. Practical Applications: Tips for investors and business owners on comparing income statements over time to gauge financial health. Why Listen? Simplified…

Episode Description: Are you looking to make better investment decisions in the Nigerian stock market? Understanding a company’s financial health is crucial, and in this episode of The Nigerian Investor, we break down one of the most important financial statements – the balance sheet. Join hosts Mudi and Aye as they take you through the essentials of a balance sheet, explaining key components such as assets, liabilities, and shareholders’ equity. Whether you're a beginner or an experienced investor, this episode will equip you with the knowledge to analyze a company's financial stability with confidence. What You’ll Learn in This Episode:✅ What a balance sheet is and why it matters for investors✅ The difference between current and non-current assets✅ How to identify short-term and long-term liabilities✅ The role of shareholders’ equity and why it’s a key indicator of company health✅ Pro tips on using balance sheets alongside income and cash flow statements for a complete financial analysis Why Listen?✔ Get…

In this episode of the Nigerian Investor podcast, Mudi and Aye delve into the Central Securities Clearing System (CSCS), a pivotal institution in Nigeria's financial ecosystem. They explore its core functions, including the safe custody of securities, prompt trade settlements, and transparency in transactions. The discussion also covers the various account types offered by CSCS, its historical achievements, and its role in enhancing investor confidence and economic development. The episode concludes with insights into the future outlook of CSCS and actionable tips for investors.

In this episode of the Nigerian Investor podcast, host Mudi guides listeners through the essential steps to open a stockbroking account in Nigeria. He emphasizes the importance of choosing a reliable stockbroker, gathering necessary documents, and understanding the investment process. Mudi shares personal experiences with various brokers and provides key tips for successful investing, including the need for research, diversification, and staying updated on market trends.