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Stephen
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Stephen
@ScFidelis
Business | Money | Stocks |Wealth-building through markets| Breaking down money moves|
Lagos, Nigeria Entrou em Kasım 2010
762 Seguindo15.4K Seguidores

Wondering why UCAP bought 5% stake in NGX?
Read this article.
You’d understand the different layers within NGX and why it’s a good positioning for the future.
Stephen@ScFidelis
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@isasquare Nice one. Essentially, that acquisition has been concluded.
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@ScFidelis Coming back to this. Unity Bank PLC just did a pay off. My waiting has finally paid off. I said me me come and update u here.
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UCAP recognizes the jewel in NGX.
Key market initiatives like more pension participation, T+1 settlement, market development effort towards more listing, possible intra-Africa trade in the future, are material changes that benefits NGX.
The NGX is pretty much on a trajectory to something great.
Tuchel@Officially_Kriz
United Capital Plc has announced the acquisition of 5% stake in NGX, securing a significant ownership in the Cornerstone of Nigeria's capital market infrastructure.
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@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 retweetou

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 retweetou



