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Rufybaba

@Rufyb

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Following
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Statuses
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Investment Management | Economics | Finance | Strategy

Lagos, Nigeria
Joined August 2012
Don't wanna be here? Send us removal request.
@Rufyb
Rufybaba
1 year
My track record in the Nigerian equities market: some of my big wins. I leverage information asymmetry in the market to capture significant gains. Most of the names here are not the typical names often covered by analysts. Meanwhile, I have an expansive set of data that captures
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@Rufyb
Rufybaba
25 minutes
👍👍👍. The share price boost looked remarkable and exceeded what my numbers captured. That was why I made it clear here, lol: And I booked my gains as well. IYKYK. But it will still come good eventually, depending on the details of the acquisition.
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@CountofIkoyi
Charlie
50 minutes
29/7 - N66. 5/8 - N100 (N106 high). 12/8- N67. Virtually the Chivita acquisition euphoria disappeared in 2 weeks.
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@Rufyb
Rufybaba
59 minutes
RT @cowrywise: @morowa_ I mean, we’re called Cowrywise for a reason 😉.
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@Rufyb
Rufybaba
59 minutes
RT @cowrywise: @seemahs_couture From growing together with Money Duo, to building your child's future with Nest, to saving for big goals wi….
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@Rufyb
Rufybaba
59 minutes
RT @cowrywise: @kvngomega_ The one I know is the remix:. Thirty days hath September,.April, June and November. All the rest have thirty-one….
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@Rufyb
Rufybaba
59 minutes
RT @cowrywise: This is actually not a bad idea. How does February 30th sound? 😌.
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@Rufyb
Rufybaba
9 hours
You can have a fair sense of what the fair value of a currency is, but FX trading is incredibly difficult to do.
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@Rufyb
Rufybaba
9 hours
You can not see all of these in charts, patterns, etc.
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@Rufyb
Rufybaba
9 hours
The random change could be due to news, capital flows, policy changes, or sudden demand/supply shifts between currencies. Often, FX rates have a drift, and drifts in FX often reflect interest rates differentials, inflation differences, or structural economic trends.
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@Rufyb
Rufybaba
9 hours
Its current value is equal to its previous value plus a random change (shock). There is no predictable trend because the next step depends on where you are now plus a random movement, and its variance can grow over time.
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@Rufyb
Rufybaba
9 hours
FX trading, in particular, is very difficult to trade sustainably because it is a random walk. When we say a variable is a random walk, it means that. .
@olumidecapital
Olumide Adesina
1 day
If you have never failed in finance before, please try Forex or option trading for a year. You will learn investment humility.
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@Rufyb
Rufybaba
19 hours
The environment is the difference. The private sector works only when you can hold someone accountable or responsible. where your actions are peculiar to you without affecting someone else. You can hire and fire at will. Accountability.
@AminuDalhat
Aminu Dalhat
2 days
The Nigerian private sector has been having some really transformational leaders. I wonder why some of these leaders haven’t joined politics full time?. The leaders in banking, oil and gas, telecoms etc.
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@Rufyb
Rufybaba
20 hours
RT @Ssaasquatch: Pleased to share that I recently made strategic investment of $250k into Sycamore Nigeria, a fast-growing digital lending….
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@Rufyb
Rufybaba
1 day
Last 10 years (in USD). Presco: +414%.Okomu: +275%.United Capital: +260%.Ikeja Hotel: +258%.Beta Glass: +207%.NEM Insurance: +157%.Vitafoam: +148%.Meyer Paints: +112%. 🫠🫠🫠.
@charliebilello
Charlie Bilello
2 days
Last 10 Years. Bitcoin $BTC: +42,603%.NVIDIA $NVDA: +36,802%.Tesla $TSLA: +1,909%.Microsoft $MSFT: +1,191%.Netflix $NFLX: +858%.Apple $AAPL: +787%.Amazon $AMZN: +743%.Meta $META: +713%.Google $GOOGL: +501%.S&P 500 $SPY: +263%.Gold $GLD: +200%.US Inflation (CPI): +35%.
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@Rufyb
Rufybaba
1 day
It seems like a balanced compromise to sustain the business. Nvidia cannot afford its strong momentum to fade.
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@Rufyb
Rufybaba
1 day
Volume growth: +5%.Value growth: +20%. Progress, but can be better. Nigeria’s non-oil exports hit $3.23 billion in H1 2025—NEPC  
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nairametrics.com
Nigeria’s non-oil exports rose to $3.225 billion in the first half of 2025, marking a 19.59% increase compared to $2.696
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@Rufyb
Rufybaba
1 day
Chowdeck probably learnt from the failings of the old players. Their pricing (i.e., service charge) is relatively high, and they made sure not to fall into the working capital trap. And frankly speaking, their services have been good too (although they have been doing nonsense
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@Rufyb
Rufybaba
2 days
RT @TWEETARRAZZI: Not the danfos without head lights, side mirror, worn out tyres and dangerous iron seats.
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@Rufyb
Rufybaba
2 days
RT @charliebilello: Last 10 Years. Bitcoin $BTC: +42,603%.NVIDIA $NVDA: +36,802%.Tesla $TSLA: +1,909%.Microsoft $MSFT: +1,191%.Netflix $N….
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@Rufyb
Rufybaba
2 days
When I tried to identify what Apple has on Alphabet, I didn’t see much except that Apple uses less invested capital (i.e., lower capex, lower working capital) to generate its profits. But at the same time, Apple also faces more financial risks. If I were to back anyone, it would.
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@Rufyb
Rufybaba
2 days
Apple used to be the starboy until recent years. Growth numbers over the past quarters have slowed down. iPhone sales have not really impressed, and much of the coy’s overall growth has been from its Services business. However, in its most recent quarter, iPhone sales spiked
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