oakland

Looking ahead to 2026, my bullish outlook on the Nigerian Stock Exchange (NGX) is driven by several key factors: reduced foreign exchange losses for companies, anticipated US Federal Reserve rate cuts attracting carry trades and high-net-worth investors to emerging markets like Nigeria for higher yields, potential CBN interest rate reductions making equities more appealing, the federal government’s emphasis on non-oil revenue generation, rising oil production, and accelerated infrastructure development. If these elements materialize as expected, I remain highly optimistic about strong performance in the NGX and particularly in my selected stocks. Here are my top stock recommendations for 2026, along with their closing prices as of December 31, 2025: 1. WAPCO (Lafarge Africa) - ₦134.50 2. BUACEMENT (BUA Cement) - ₦178.50 3. DANGCEM (Dangote Cement) - ₦609.00 4. ARADEL (Aradel Holdings) - ₦670.00 5. SEPLAT (Seplat Energy) - ₦5,809.00 6. OANDO (Oando) - ₦40.20 (a contrarian pick that could surprise many) 7. NB (Nigerian Breweries) - ₦75.30 8. TIP (The Initiates Plc) - ₦13.30 9. NGXGROUP (NGX Group) - ₦70.00 10. JBERGER (Julius Berger) - ₦152.90 11. AIICO (AIICO Insurance) - ₦3.79 12. CUSTODIAN (Custodian Investment) - ₦43.00 13. Conhall plc - 4.35 14. MTNN (MTN Nigeria) - ₦511.00 15. PRESCO (Presco) - ₦1,450.00 16. OKOMUOIL (Okomu Oil Palm) - ₦1,095.00 17. ACCESSCORP (Access Holdings) - ₦21.00 18. ZENITHBANK (Zenith Bank) - ₦61.80 19. NASCON (NASCON Allied Industries) - ₦107.50 20. DANGSUGAR (Dangote Sugar) - ₦60.00 I anticipate robust returns from these diversified picks, spanning sectors poised to benefit most from the projected economic tailwinds. This is my thesis and strictly my opinion, endeavour to do your own research. 2026 is a Banger!!!!

@Justicechibu Me too! My own case is worst, if I tell you ;you will be laughing throughout this week .

@oladapopeter1 Big victim of this

A very common and costly mistake many retail investors on the Nigerian Exchange make goes something like this: They build a solid position in a strong, fundamentally sound company like Aradel Holdings. The business is performing well, earnings are growing, and the stock has delivered impressive returns. But after a big run-up, they decide to “take profits.” So far, that’s not necessarily wrong. The problem is what happens next. Instead of holding onto a core position in a proven winner or reinvesting in another high-quality company they move that money into cheaper, more speculative stocks like Omatek Ventures or Deap Capital Management & Trust. These stocks can look tempting. Their low prices create the illusion of bigger upside, and they often come with the hope of quick gains. But in reality, they usually don’t have the same level of earnings strength, business quality, or long-term growth potential. The outcome? Investors end up selling a strong performer too early, only to replace it with weaker, riskier bets that drag down their overall returns. At its core, this behavior goes against a key investing principle: let your winners keep working for you, and don’t be quick to trade them for uncertainty. It’s often driven by emotion the urge to lock in gains, the fear of missing out on “cheap” stocks, and the appeal of chasing fast money instead of building long-term wealth. Your biggest enemy in this market is - YOU!

@OnuhAgbonika @Maverique_R So true!

@oladapopeter1 @Maverique_R where your treasure is, there your heart shall be.

I don’t have CWG, but it is a good stock fundamentally . There’s a well established and multi- layered relationship between MTN and CWC. MTN Nigeria and CWG jointly introduced a cloud computing service designed to deliver over 70% cost savings to players in the micro finance banking sector (MTN Xaas)- Everything as a service in 2012. So technically CWG is essentially a downstream beneficiary of MTN capex cycle, when MtN expands its data centres, upgrades it network or pushes into fintech, CWG “collobi“ the contract. If you find MTN too Pricey, CWG is your best bet!

@Maverique_R With my 50k portfolio value? No

@oladapopeter1 You are an asset manager?

@Yinka_freeman I have a personal bias towards Chams, I think am wrong about this. I prefer putting my money in CWG to Chams.

@oladapopeter1 Or Chams............😭😭😭😭😭😭😭😭

@Maverique_R My life depends on its!

@oladapopeter1 How do you manage to stay updated with all of these events sire.

@its_Teee_jay I agree with you!

@oladapopeter1 I think it's trying to be too smart, stuck with what worked and let compound interest do it's thing.

@Maverique_R Hard lesson!

@oladapopeter1 I once had most of my portfolio balanced around early re-raters. Infact, I thought, I had no business with blue chips b/c my portfolio was small, so I was actively seeking volatility with the same mindset we used in crypto. It took until this dividend season to begin to learn.

On the NGX, it’s common to see last year’s worst-performing sectors turn into the next year’s winners. But it’s not random; there’s almost always a trigger, like policy shifts, FX stability, or industry changes, that eases the challenges those sectors were facing.

@Tommythefuture_ You see the fear of “ missing out on cheap stock “ is the problem of retail investors . Pure retail psychology

@oladapopeter1 FOMO and cheaps stocks.. Biggest enemy is You. Well said

@_Pboss We are very patient!

@oladapopeter1 the underutilization is actually the bull case hiding in plain sight… 48% capacity with the numbers already looking decent means 90% utilization by 2027 is a completely different earnings story. the asset is built, the throughput just needs to catch up to it

aradel.com/wp-content/upl…. As of the 2024 annual report, Aradel's refinery was only running at 48% capacity utilisation, meaning more than half of its refining capability sat idle, with even the company's own target of 60% utilisation set for 2025 still falling well short of the long-term goal of 90% by 2027. Aradel is expanding capacity (new trains, PMS production), scaling distribution and customers, and moving toward import substitution. So low utilisation doesn’t automatically mean the business is weak; the asset base is ahead of current throughput. At full 60% utilisation (2025 target), profit might rise 40-60%.

Pick anyone from this list!

The Art of Company Valuation and Financial Statement Analysis (A Value Investor's Guide with Real-life Case Studies) Schmidlin, Nicolas

@Tosinamen2 100%!

@oladapopeter1 Absolutely, we have to be intentional about building personal wealth, the rules to these are not taught in classrooms but they are hidden in books.

Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals.

Money begets more money, and its children beget more of their own kind. Every naira you have is a seed that can grow into a forest Money = seed Investment = planting Returns = new trees Reinvestment = a forest over time If you eat the seed, nothing grows If you plant the seed but harvest everything, growth stays small If you keep replanting part of the harvest, growth becomes exponential. Money is slave, allow the slave to produce more grandchildren in your vineyard . This is compounding in simple terms

@Maverique_R The numbers don’t matter, it’s the conviction and consistency behind your actions that makes a whole lot of difference.

@oladapopeter1 Hahahaha 😂🤣 How many I wan buy kwannu. My size is not size

Dividends are a powerful tool. They signal that a company is performing well and rewarding its shareholders for their loyalty. Beyond providing steady income, dividends can be deployed strategically by disciplined investors. Rather than reinvesting my dividend payments immediately, I hold the cash in a high-yield money market fund or a savings platform like PiggyVest. This allows the funds to earn additional returns while I wait for a market dip. Only then do I deploy the capital to purchase stocks, helping me avoid buying at inflated prices.

@Xdarg2 Thanks !

@oladapopeter1 Type of thing we love to see