
Stephen
@ScFidelis
Followers
13K
Following
23K
Media
453
Statuses
16K
Business | Money | Stocks |Wealth-building through markets| Breaking down money moves|
Lagos, Nigeria
Joined November 2010
Before You Buy Stocks in Nigeria, Read This! For those asking for stock recommendations... This thread is for you.
60
456
2K
Be permissionless. You don’t need approval to start, build, or win.
1
1
17
T+2 settlement cycle takes off in November. NGX, add 20% daily max swing to it and we are set for 2026.
7
2
39
Focus on yourself. Learn to earn, & continue to improve your earnings. Hard but better than waiting for govt. The same govt that denies your existence as a poor person, in the first instance.
@ScFidelis How can a Nigerian solve poverty?⁷
2
3
11
It’s October, and ACCESS still hasn’t released its H1 2025 results. Maybe by the 22nd. Reason? Still waiting for CBN’s approval. That approval must be like a king’s seal, the type they used in Game of Thrones. We wait. I won’t say more.
2
2
19
2025 stretched me, but it’s been worth it. ✅ Hit 2 major professional goals 💼 Changed roles 🚀 Built momentum on my personal brand At this point, anything else I get this year na jara. 🙌
2
1
26
If you’re poor in Nigeria, your only job is simple - escape poverty. Forget politics. Forget religion. Forget tribe. Solve your poverty. That’s your full-time job description.
82
742
3K
Everything eventually converts to cash. If you can’t trace the cashflows in the business (now or later), you’re not investing, you’re guessing.
0
0
10
Funny how “immunization” meant vaccines to me growing up. Then finance happened. Turns out it’s also a bond portfolio strategy. The more you learn, the more the world starts to rhyme.
0
0
7
Give me a lever long enough and a place to stand, and I will move the earth. ~ Archimedes
2
0
2
NGX started 2025 as a ₦61.9 trillion market. Now it’s at ₦93.3 trillion, with just one new listing worth about ₦11.2 billion. The growth in market cap is largely from capital gains.
2
7
71
SEC vs Ponzi schemes feels like Tom & Jerry. Except Jerry (Ponzi) is winning. 😂
1
0
4
This here is why an advantage could also be a disadvantage. Many have argued that NGX should remove the daily 10% max swing. Meanwhile, they can't cope with the unintended consequences.
This is why I like 🇳🇬 stock market, a conservative circuit breaker or at least a maximum daily loss pegged in the market. Too young for village meetings
8
10
62
3 out of 5 have served you real good: Banking. Insurance. Outliers.
Key Expectations for NGX in 2025: 📍 Banking sector recapitalization 2.0 📍 Insurance sector recapitalization 📍 Listing of Dangote Refinery 📍 Merger completion: Dangote Rice, Sugar & Nascon 📍 Outliers—there’s always one! What are you watching closely?
3
0
6