ProfitableMan

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ProfitableMan

ProfitableMan

@ProfitableMan1

Financial Education and Information not investment advice|Helping Young People Build Wealth & Financial Freedom through @EduwealthNG . DM open for business.

Get my books and Follow 👉 Katılım Ocak 2022
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ProfitableMan
ProfitableMan@ProfitableMan1·
How to start investing in the Nigerian stock market in 2026. Step 1: Choose a licensed stockbroker. Step 2: Open an account and get your CSCS number. Step 3: Fund your account. Step 4: Buy your first shares. That is it. Four steps. Under 30 minutes on your first try. Everything below explains each step in plain language.
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Àgbà John Doe
Àgbà John Doe@jon_d_doe·
"I am doing àjò contribution every month" You're foolish. Let me say that you do a monthly 20k contribution each month, and you're 12 in number and you're the last to pick. At the end of 12 months, all you'd get is 240k (if all contributors are trustworthy and not fraudulent). But if you invested 20k each month on any MMF or HYIS for 12 months, you'll surely get above 240k. And rapid inflation & failed government policies would have made your 240k worth 210k if you never invested it. Are you not foolish? Answer my question please. End.
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ProfitableMan
ProfitableMan@ProfitableMan1·
Both are ways to invest in a bunch of stocks at once without picking them one by one but they work differently. With a mutual fund a professional fund manager is actively picking and managing the investments for you. You buy units from the fund directly, not from the exchange. It is more hands off but the management fees are usually higher. An ETF like the Stanbic IBTC ETF trades on the stock exchange like a regular stock so you buy and sell it through your broker during market hours. It usually just tracks an index so it is passively managed and cheaper to hold. Basically mutual fund is like hiring someone to cook for you while an ETF is a meal prep you just heat up yourself lol. Both work, just depends on what you want 😄
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ProfitableMan
ProfitableMan@ProfitableMan1·
WHAT IF YOUR MONEY COULD EARN UP TO 48% WITHOUT YOU DOING ANY WORK? That is what a mutual fund does. And here are the latest numbers from Coronation Asset Management as at April 30, 2026: Coronation Balanced Fund: 48.17% Coronation Money Market Fund: 19.18% Coronation Premium Fixed Income Fund: 17.22% Coronation Fixed Income Fund: 16.93% Coronation Dollar Fund: 7.32% What is a mutual fund? It is a pool of money collected from many investors and managed by professionals. Instead of buying one stock yourself, your money is spread across many investments to reduce risk and grow steadily. The yields shown above represent how much your investment would have grown over the past year if you had invested. Note: Yields shown are gross of fees. Past performance does not guarantee future results. Source: Coronation Asset Management | coronationam.com
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ProfitableMan
ProfitableMan@ProfitableMan1·
The biggest movers on the Nigerian Exchange today tell a story of broad-based investor confidence. NASCON led all gainers at +17.78%, followed by CAP at +9.99%, DANGSUGAR at +9.97%, MAYBAKER at +9.81%, and STANBIC at +9.70%. In total, 44 stocks gained against 34 decliners. The bulls are firmly in control.
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Aku West
Aku West@Thing_Of_Ours7·
@ProfitableMan1 I want to buy the book you wrote on investment How can I get it
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ProfitableMan
ProfitableMan@ProfitableMan1·
When an analyst changes a stock from Hold to Buy, it means one thing: they believe the current share price is low enough that the upside from here justifies buying. This week, ACCESSCORP, FIRSTHOLDCO, UBA, and STANBIC all received Buy upgrades from at least one research firm after sharp price declines last week. The stocks that fell the most last week are now attracting the most analyst attention as entry points. Price weakness in quality companies is not always a warning. Sometimes it is an invitation.
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ProfitableMan
ProfitableMan@ProfitableMan1·
The unlisted securities market also closed positive on Monday. The NASD Securities Index gained 0.52% to close at 4,026.64 points, up from 4,005.78. A total of 751,518 units valued at N35.43 million traded across 31 deals. The rally was not limited to the main board today.
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ProfitableMan
ProfitableMan@ProfitableMan1·
Oil prices jumped sharply on Monday as geopolitical tension in the Middle East rattled supply expectations. Brent crude surged 2.75% to US$111.15 per barrel while WTI rose 0.24% to US$102.18, after the U.S. military confirmed two Navy destroyers entered the Gulf to break an Iranian blockade of the Strait of Hormuz.
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ProfitableMan
ProfitableMan@ProfitableMan1·
A total of 967.47 million shares worth N43.84 billion exchanged hands across 122,041 deals on the NGX today. VFDGROUP is dominated by volume, accounting for 26.39% of all shares traded. ZENITHBANK led by value at N8.42 billion. Volume was down 48.30% from the prior session, but the price action told a different story.
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ProfitableMan
ProfitableMan@ProfitableMan1·
Nigeria's stock market opened May with a new all-time high. The NGX All-Share Index rose 0.36% to close at 243,158.97 points on Monday, surpassing the previous record of 242,277.81. Market capitalization now stands at N156.06 trillion, with year-to-date returns hitting 56.26%.
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ProfitableMan
ProfitableMan@ProfitableMan1·
@AyoOguntade bought 20 copies of the Naija Ïñvëstør books for people who are passionate about financial education here on X. Thank you and God bless you for your good work.
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ProfitableMan
ProfitableMan@ProfitableMan1·
The Three Market Caps Market capitalization (Market Cap) simply means the total value of everything being traded in that category. Equity Market Cap — N156.05 trillion (up 0.04%): This is the total value of all company shares listed on the exchange. It went up slightly today, which is a good sign. Fixed Income Market Cap—N55.13 trillion (down 0.11%): This covers bonds and similar investments where people lend money to governments or companies and earn interest. It dropped slightly today. ETPs Market Cap—N106.16 billion (up 6.81%): ETPs are Exchange Traded Products, which are investment packages that track a group of assets. This jumped significantly today—the biggest mover of the three. All Share Index — 223,602.29 (up 0.36%) Think of the All-Share Index as a scoreboard for the entire stock market. When it goes up, it means that on average, stocks are worth more than yesterday. Today it rose by 0.36%, which means the market had a positive day overall. Top 5 Gainers These are the five companies whose share prices increased the most today: FTN Cocoa Processors — closed at N6.05, gained 10% Consolidated Hallmark Holdings — closed at N5.72, gained 10% CAP Plc — closed at N159.70, gained 9.99% AIICO — closed at N4.74, gained 9.98% Dangote Sugar — closed at N76.65, gained 9.97% A gain of 10% in a single day is the maximum allowed move on the NGX per day, which is why you see two companies hitting exactly that limit. Bottom Line Today was a good day for the Nigerian stock market. The main index went up, most categories gained value, and several companies hit their daily maximum price increase. This suggests investor confidence was relatively strong on this particular Monday.
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ProfitableMan
ProfitableMan@ProfitableMan1·
Every day on The Naija Investors: — Nigerian stock market update — Top-performing stocks and why they moved — Global news that affects your money — Company results broken down simply — Investment education from scratch All of it free. All of it on WhatsApp. No subscription. No hidden fees. If you are not on the channel yet, you are missing out daily. Join here: whatsapp.com/channel/0029Vb…
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ProfitableMan
ProfitableMan@ProfitableMan1·
NASCON is the most divided stock among analysts this week. Here is what different firms are saying: PAC Research: Sell — projected decline of 9.52% Capital Bancorp: Buy — projected upside of 19.05% Afrinvest: Accumulate — projected upside of 21.7% Lead Capital: Buy Four separate firms. Four different views ranging from "sell" to "buy" with 21% upside. When analysts' opinions are this dispersed on a single stock, it tells you the answer is genuinely uncertain and that you need to do your own research rather than blindly follow any single recommendation.
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ProfitableMan
ProfitableMan@ProfitableMan1·
UBA fell 22.27% last week. Capital Bancorp has assigned it a Buy rating with a projected upside of 17.24%. But Afrinvest has placed it under review. The reason for the divergence: UBA did not propose a final dividend for FY2025. In a market where dividend signals are increasingly shaping investor sentiment, that silence is being treated as a red flag by some analysts. The central question for UBA investors this week: is the 22.27% price decline an overreaction to the dividend decision, or is the market correctly pricing in a change in the bank's capital return strategy?
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ProfitableMan
ProfitableMan@ProfitableMan1·
FIRSTHOLDCO fell 13.80% last week. This week it has attracted Buy calls from PAC Research (projected upside 11.37%), Meristem (projected upside 13.25%), and a Hold from Afrinest (projected upside 6.4%). The stock has been punished. Analysts are stepping in. For investors who understand why prices fall and why they recover, this week's analyst positioning on FIRSTHOLDCO offers a clear case study in how market corrections create opportunities that did not exist a week ago.
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ProfitableMan
ProfitableMan@ProfitableMan1·
ACCESSCORP fell 13.74% last week. This week it has received Buy upgrades from three separate research firms, Meristem (projected upside 17.85%), Capital Bancorp (projected upside 18.70%), and a revision from PAC Research. Three independent analysts, three Buy calls, all pointing to the same conclusion: the recent price decline has created a compelling entry point. When multiple firms independently arrive at the same conclusion on a stock after a price correction, it is worth paying attention. This does not mean the stock cannot fall further. It means the risk-reward balance has shifted in favour of buyers at current levels.
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