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Stephen
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Stephen
@ScFidelis
Business | Money | Stocks |Wealth-building through markets| Breaking down money moves|
Lagos, Nigeria Se unió Kasım 2010
762 Siguiendo15.4K Seguidores

@gOkEspark No, that’s not what I twitted. The post is pretty obvious. If you choose to give it your own meaning, that’s on you.
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@ScFidelis @benawoks You ain’t smart enough to justify your position. Noted 👍🏼
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@ScFidelis Valuation and Actual Volume is different. Making a total revenue of 1 TrillionGDP) and valuation of a business @ 1 Trillion(Valuation) is not the same thing.
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The comparison is misleading because Elon Musk’s $1 trillion is an estimated net worth based on asset valuations, while Nigeria’s $1 trillion target refers to actual annual economic output. One represents the estimated value of assets, the other measures the value of goods and services produced, making them fundamentally different metrics.
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Stephen retuiteado

The index says -2.3% MTD.
StockBubbles shows what that actually looks like.
🔴 Red bubbles dominate the screen.
🔴 Former leaders like FIDSON (-25.9%), ACADEMY (-18.6%), UHOMREIT (-17.4%) and NEIMETH (-17.0%) have seen sharp pullbacks.
🟢 A few pockets of strength remain (ABBEYBDS +83.9%, INTENEGINS +43.1%, INFINITY +20.3%), but they're increasingly the exception.
The market may still be +57% YTD, but June has clearly been a month of profit-taking.
Trade NGX stocks instantly with HISA ⚡
click.hisa.co/7fkf/stockbubb…

Stephen@ScFidelis
NGX opens the week at: • +57.27% YTD • ₦156.97 trillion market cap • ASI above 244,000 Yet June tells a different story. The market is down 2.3% MTD and ₦3.5 trillion has been wiped off market value. Momentum appears to be cooling.
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@FinPlanKaluAja1 That’s so unmotivating. No price money for second position in Nigeria football leage @PoojaMedia 😳
Explains all the match fixing in the league.
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@FinPlanKaluAja1 We are running a league of zero commercial value @PoojaMedia
That’s so sad.
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Stephen retuiteado

Hi,
I get the idea of what you’re trying to do. Yes, you can compound for that long.
Typically, the interest adds up to the principal every quarter. And you can auto-reinvest so that the process runs on autopilot for the 5,10,20years you want to compound for.
Now, can the account go dormant? No.
However, it is not out of place for the Fund Manager to ask you for updated KYC after a long period of inactivity. This is to confirm authenticity of the account holder.
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@ScFidelis Hello. Can an individual's money market fund or other mutual funds account go dormant if it sees no activity for a period, like bank account?
Or can one just leave a lump sum in a mutual fund for 20 to 30 years etc hoping it would have compounded well quarterly or monthly?
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SpaceX IPO!!!
I’m gonna watch this trend to track if history will repeat itself or not.
Rand Group@randgroup
Every IPO in history follows the same script: SpaceX won't be different
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To the glory of God Almighty, and with a heart filled with gratitude, we are pleased to announce that @InibeheChambers today being the 12th day of June, 2026 relocated to the firm’s new head office located at Ogudu G.R.A Phase 2, Lagos.
This has been a humbling day for me as the firm’s Managing Partner and for everyone in the firm.
We are grateful to our esteemed clients, colleagues and friends whose faith and trust in us made this day possible.
History will vindicate the just.
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