The Nigerian Investor

MTN Nigeria: How a Regulatory Crisis Created a 700% Stock Market Success 06.06.2026 8min

The $5.2 Billion Fine That Changed the NGX ForeverMTN Nigeria is one of the most powerful market movers and dividend machines on the Nigerian Exchange today—but its journey to the public market wasn't voluntary.In this episode of The Nigerian Investor, we unpack the dramatic history of how a massive regulatory crisis turned into one of the most profitable investments in Nigerian capital market history.Join us as we explore:How MTN built a monopoly in the early 2000s while remaining privately owned.The 2015 NCC crackdown on 5.2 million unregistered SIM cards that led to a historic fine.The intense backroom negotiations with the CBN, Attorney General, and federal government that ultimately forced MTN to list on the stock exchange.The 2019 listing frenzy that drove a 700% capital gain from ₦99 to ₦790 per share.Discover the real forces behind corporate Nigeria where strategy, policy, and timing intersect.If you love breaking down the Nigerian capital market one brick at a time, hit Follow, rate our show, and share this episode with a fellow investor!Stay consistent, stay curious, and stay invested.

Why I Don't Own MTN — Anthony Uzum on Focused Investing on the NGX 11.04.2026 3min

How many stocks should you actually hold — and does your portfolio size change the answer? In this episode of The Nigerian Investor Podcast, Anthony Uzum (@Anthonyuzum) shares his personal framework for portfolio construction on the Nigerian Exchange, including why he caps his holdings at 20 stocks, why investors with under ₦10M should hold no more than 4–5 names, and why he intentionally skips good companies like MTN, NGX Group, and NASCON.Anthony also explains the role of "protective" holdings like GTCO — stocks he doesn't expect to generate outsized returns, but that provide ballast in a volatile market. Whether you're managing ₦1M or ₦100M, this episode will change how you think about concentration and risk.Topics covered:The ₦50M+ threshold for holding up to 20 stocksWhy over-diversifying with a small portfolio destroys returnsStocks Anthony knows are good — but still doesn't ownGTCO as a portfolio "anchor" rather than a high-return pickHow to think about downside risk at different portfolio sizes

Stop Guessing Stocks! Use This Ranking System Instead 04.04.2026 3min

Most investors on the NGX are guessing.In this excerpt from episode 58, released last week, our guest, Anthony breaks down a real system used to rank stocks and build a high-conviction portfolio.⸻Anthony, an investor uses a structured, data-driven approach to pick stocks and allocate capital.Instead of relying on hype or Telegram tips, Anthony focuses on: • PEG Ratio (Growth vs Valuation) • Price to Cash Flow (Not just P/E) • Revenue & Earnings Growth • Cash Flow from Investing Activities • Price to Book & Price to SalesHe then ranks stocks monthly and concentrates capital into his highest conviction ideas.This strategy has led to: • Top 6–7 stocks making up ~70% of his portfolio • Strict allocation rules (10–20% caps per stock/industry) • Disciplined, repeatable investingIf you’ve ever wondered: • “How many stocks should I hold?” • “How do I stop random buying?” • “What metrics actually matter?”This excerpt and full episode is for you.🎯 Key Takeaways:Why price alone means nothing in investingHow to rank stocks using multiple valuation metricsThe power of concentration vs diversificationWhy cash flow matters more than earningsHow to build a structured NGX portfolio📌 Watch till the end if you want to move from guessing stocks to building a real portfolio.🎙️ The Nigerian Investor PodcastWe break down the Nigerian capital markets one brick at a time.⚠️ Disclaimer: This content is for educational purposes only and not financial advice.

How to Build a Serious NGX Portfolio| @anthonyuzum on Stock Picking, Valuation & Wealth 28.03.2026 1h 3min

In Episode 58, we sit down with @Anthonyuzum to discuss how to build a serious investment portfolio on the NGX.We cover stock analysis, portfolio construction, capital allocation, valuation, PEG ratio, defensive positions, concentration vs diversification, currency risk, global investing, and the habits needed to build long-term wealth.Anthony also shares the three Nigerian stocks he would hold for the next 10 years and explains why he still believes the NGX remains undervalued.A practical episode for anyone serious about becoming a better investor.

Before You Buy Any NGX Stock, Watch This First: An Interview w/Emma Osu, StockyVest Founder 21.03.2026 49min

In Episode 57 of The Nigerian Investor Podcast, we speak with Emmanuel Osu (@osuet1), founder of Stockyvest, a new tool built to help Nigerian investors research stocks more easily.We discuss:his NGX journeymistakes investors makewhy analytical tools matterhow Stockyvest worksliquidity, dividends, and financial healththe future of stock research in NigeriaWould you use a platform like Stockyvest before buying a stock?Like, subscribe, and share.#TheNigerianInvestor #NGX #Stockyvest #NigerianStocks

NGX Investing Strategy with Wolf of NGX: Discipline Over Hype 07.03.2026 46min

Investing in the stock market is not just about finding the next hot stock. It is about discipline, patience, and emotional control.In this episode of The Nigerian Investor Podcast, hosts Mudi and Aye sit down with Wolf of NGX, a well-known voice in the Nigerian investing community, to discuss one of the most overlooked aspects of investing on the Nigerian Exchange Group: mastering your emotions.Many investors enter the market chasing hype, momentum, and social media trends. But as the Wolf explains, emotional decisions often lead to costly mistakes like panic selling, buying at the top, or becoming exit liquidity for smarter investors.In this conversation, we break down:• Why emotional control is critical to surviving NGX volatility• The danger of chasing “hot stocks” without fundamentals• How to build an investment system that removes emotions from decision making• The importance of savings in building an investment portfolio• Diversification vs concentration in stock investing• Why beginners should focus on consistent companies instead of exciting onesWolf of NGX also shares five simple rules every investor should follow to survive long-term in the stock market.If you are new to investing in Nigerian stocks or trying to improve your discipline as an investor, this episode will help you think more clearly and invest more strategically.Follow The Nigerian Investor Podcast for more conversations that break down the Nigerian capital market one brick at a time.Until next time: Stay consistent, stay curious, stay invested.

Stop Guessing Stocks — Assessworth Wants to Fix Nigerian Investing 28.02.2026 20min

Is Assessworth building the Bloomberg Terminal for Nigerian retail investors?In this episode of The Nigerian Investor Podcast, we sit down with Elijah Rona, CEO of Assessworth, a fast-growing investment research platform designed to help Nigerian investors make smarter decisions.Assessworth aims to solve one of the biggest problems in the Nigerian stock market:Lack of accessible investment information.We discuss:• Why Nigerian investors struggle with information• How Assessworth works• Stock recommendations and risk analysis• Portfolio tracking tools• AI-powered stock analysis• SEC licensing and credibility• Future plans including broker integration• How Assessworth compares to Nairametrics and broker apps• Common investing mistakes Nigerians makeIf you invest in Nigerian stocks or want to start investing, this episode is for you.Spotify:https://open.spotify.com/show/6eE7GYMKpzCwaoy9zzcg42?si=9E-dnARwTIqdtu-zHTC2MwApple Podcasts: The Nigerian InvestorAmazon Music:https://music.amazon.com/podcasts/b99ae640-b5d6-48a0-8a2f-1ed879cc92e7/the-nigerian-investor?ref=dm_sh_YQafPkVpf46FeT78TdstlxFGYAudible: https://www.audible.com/pd/B0DH9NR963?source_code=ASSORAP0511160006&share_location=podcast_show_detailhttps://Assessworth.comTwitter/X: @TNIpodcasterInstagram: @tnipodcast🎧 Listen to The Nigerian Investor Podcast:📊 Visit Assessworth📢 Follow The Nigerian Investor

Gross Margin vs Net Margin Explained (Made Simple for NGX Investors) 21.02.2026 15min

Many investors celebrate revenue growth.But smart investors ask a better question:How much of that revenue did the company actually keep?In this episode of The Nigerian Investor Podcast, Mudi and Aye break down one of the most misunderstood areas of financial statements — margins.We explain:What gross margin really meansHow operating margin shows business efficiencyWhy net margin is the true bottom lineThe difference between profit (₦) and margin (%)Why you must compare companies within the same industryHow to analyze NGX company results properlyUsing a simple smoothie business example, we walk you step-by-step through how companies convert revenue into real profit.Next time you see results from companies like Guaranty Trust Holding Company Plc, MTN Nigeria Communications Plc, or Presco Plc, you’ll know exactly what to look for.🎧 This episode is perfect for:Beginner investorsNGX retail investorsAnyone learning to read financial statementsHomework:Download financial statements of two companies in the same sector — for example:Fidson Healthcare PlcMay & Baker Nigeria PlcCompare their margins and see which is more efficient.Until next time…Stay consistent. Stay curious. Stay invested.

Ethical Investing: Should Your Values Matter More Than Returns? 14.02.2026 8min

Ethical investing is no longer just a personal preference — it’s becoming a core part of how investors think about capital, responsibility, and long-term value.In this episode of The Nigerian Investor Podcast, Mudi breaks down what ethical investing really means and why Nigerian investors should look beyond just profits when building their portfolios.We explore the difference between ethics, morality, and law, the two major ethical investing approaches, and how different sectors on the Nigerian Exchange come with unique ethical considerations.This episode will challenge you to ask an uncomfortable but important question:What do your investments say about you?🎧 Listen, reflect, and decide how to balance profit with principles.If you enjoyed this episode, please follow or subscribe on Spotify and YouTube, leave a rating or comment, and share it with someone who needs to hear this conversation.

Share Reconstruction vs Stock Split: Why Your Shares Change but Your Money Doesn’t 24.01.2026 7min

Many Nigerian investors panic when they wake up and suddenly see their shares reduced or multiplied.But should you?In this episode of The Nigerian Investor Podcast, Mudi and Aye break down stock splits and share reconstruction (reverse stock splits) in simple, practical language anyone can understand.You’ll learn:What share reconstruction really meansWhy companies reduce shares but increase pricesHow stock splits work during bullish marketsWhy your total investment value stays the sameThe difference between cosmetic changes vs real fundamentalsHow these corporate actions appear in financial statementsWhat Nigerian investors should actually focus on (earnings, dividends, cash flow)Whether you invest on the Nigerian Exchange Group or you’re just starting out, this episode will help you stop panicking and start thinking like a long-term investor.🎯 Key takeaway:Don’t react emotionally to corporate actions. Always connect them back to fundamentals.👉 Like, share, and follow @TNIpodcaster to help more Nigerians access real financial education.

Guide to Nigerian Real Estate: Titles, Due Diligence & Red Flags | Featuring Afebu Omo-Ikirodah (@afebu3) 10.01.2026 50min

Real estate in Nigeria can build wealth — or wipe you out if you buy blindly. In this episode, we sit with Afebu Omo-Ikirodah (@afebu3) to break down the real meaning of land titles, why due diligence is non-negotiable, and why the phrase “excision in progress” is one of the biggest red flags in Nigerian real estate.We also discuss financing options Nigerians actually use (cooperatives, pooling, fractional ownership, NHF, payment plans), how to think about ROI and rental yields, and what diaspora Nigerians must do differently before investing back home.Nigerian real estate, land titles, C of O, certificate of occupancy, excision, governor’s consent, due diligence, diaspora investing, property investment Nigeria, real estate financing, cooperative loans, fractional real estate, rental yield, real estate ROI, inflation hedge, omonile, land verification

Wealth Systems vs Salaries: A Deep Conversation with Wealth Coach Omiete 20.12.2025 42min

Many Nigerians work hard, earn well, yet still struggle to build lasting wealth. Why?In this episode of The Nigerian Investor Podcast, Mudi and Aye sit down with Wealth Coach Omiete Inko-Tariah to break down what wealth creation really looks like in Nigeria — beyond salaries, hype, and shortcuts.We discuss:• Business income vs investing• Discipline, systems, and long-term thinking• Common mistakes retail investors make on the NGX• What young Nigerians must prioritize financiallyThis is not a motivational episode.This is a clarity episode.👍 Like, subscribe, and share — it helps us reach more Nigerians trying to get their finances right.📌 Disclaimer: This content is for educational purposes only and does not constitute financial advice.

How My Dividends Started Paying Me Every Minute 13.12.2025 5min

Episode 49 – How My Dividends Started Paying Me Every MinuteIn this special solo episode, Mudi takes you behind the scenes of his real dividend journey — from losing everything in the 2007 market crash to earning dividends every single minute today.He shares how his annual dividend income quietly grew from ₦23,548 in 2019 to ₦3,969,456.38 by full year 2024, and what that looks like per month, per week, per day, and even per minute.This is not a get-rich-quick story. It’s a brick-by-brick story: small deposits, consistent investing, staying the course, and letting time and compounding do their work.If you’ve ever felt like your current numbers are “too small” to matter, this episode is your reminder that five patient years can change your life.In this episode, you’ll hear:How the 2007 market crash wiped out Mudi’s first investmentWhy he came back in 2013 with a different mindsetThe moment he started tracking dividends in 2019How his dividend income grew from ₦23k to almost ₦4mThe breakdown of what ₦3.9m per year looks like per month, week, day, and minuteThe underrated power of patience, consistency, and staying investedIf this episode encourages you, please share it with another investor who needs to hear this.Nigerian dividends, NGX dividends, dividend investing Nigeria, passive income Nigeria, Nigerian Investor Podcast, long term investing Nigeria, stock market crash 2007, compounding dividends, my dividend journey, investing for beginners Nigeria, NGXBrickByBrick, Nigerian stocks, dividend income breakdown

11 Investing Lessons I Wish I Knew Earlier: A Beginner’s Guide to Wealth 22.11.2025 5min

🎙️ About This Episode (Ep. 48)In this episode of The Nigerian Investor Podcast, Mudi breaks down 11 powerful investing lessons every beginner should know before putting a single kobo into the market.Drawing from over a decade of personal experience—through market crashes, rebounds, emotional mistakes, and long-term wins—Mudi shares practical, hard-earned insights to help new investors build wealth the right way.Whether you’re investing on the NGX, buying dividend stocks, or just learning how the market works, this episode simplifies the journey and gives you a clear path to follow.• The difference between traders & long-term investors• How emotions destroy portfolios• Why greed & fear move the market• How to use chaos & market panic to your advantage• Why consistency beats timing• Why you should only invest what you can afford to lose• The secret to letting your salary fund your investments• Why compounding is the silent wealth builder• The importance of learning, reading & staying informed“Chaos is a ladder. Smart investors climb it one opportunity at a time.”📚 What You’ll Learn:🧠 Key Quote:

Every NGX Company. Every Registrar. One Episode. 02.11.2025 19min

🎙️ About this episode:This episode of The Nigerian Investor Podcast is the first of its kind — a comprehensive reference guide linking every listed company on the Nigerian Exchange (NGX) to the 19 licensed registrars that manage them.Beyond dividend payments, this episode highlights how registrars form the backbone of shareholder management, AGMs, dematerialization, and corporate record-keeping in Nigeria’s capital market.From African Prudential to Veritas, Mudi compiles a one-stop directory that helps investors identify, contact, and understand who truly manages their shareholdings.📚 What You’ll Learn:• The full list of NGX registrars and their assigned companies• How to identify and contact your registrar easily• Why registrars matter beyond dividend payments• Insights into dematerialization, e-dividend mandates, and DRIPs• Why some investors experience dividend delays — and how to avoid them

All NGX-Listed Companies and Their Registrars: The Ultimate Investor's Compendium 26.10.2025 19min

🎙️ Mudi breaks down one of the most overlooked players in Nigeria’s capital market — the Registrars.From dividend payments and AGMs to dematerialization, e-dividend mandates, and DRIPs, discover how registrars manage your shareholder records, why dividend delays happen, and how to identify who handles your shares.Featuring all 19 licensed NGX registrars — from African Prudential to Veritas.🔗 Useful Links:• SEC e-Dividend Portal — https://docuhub3.nibss-plc.com.ng/edmms/self-service/log-mandate#TheNigerianInvestor #Dividends #NGX #Registrars #TNIpodcast

Rebuilding Trust in Nigeria’s Capital Market: Enforcement, Transparency & Timely Payouts — with TennyGee 27.09.2025 1h 16min

Guest: @iamtennygee — lawyer & compliance expert focused on investor education in Nigeria.Episode focus: Why dividend payouts break, how to run simple due diligence, red flags to avoid, and beginner-friendly ways to start with ₦50,000 (ETFs/NIDF/dividend income). We also discuss what regulators and registrars need to fix—automation, enforcement and transparent data—to rebuild trust in the market.You’ll learnThe real reasons retail investors miss dividends (and how automation/e-mandates help)Practical due diligence steps for beginnersSpotting “too-good-to-be-true” returns before losing moneyUsing ETFs and NIDF for diversification + steady payoutsWhy financial literacy belongs in Nigerian schoolsThe policy levers that could quickly improve trust and liquidity

How the Nigerian Stock Market Works | Roles of NGX, Brokers, Registrars, SEC & CSCS 13.09.2025 7min

Ever wondered who really makes the Nigerian Stock Market work? 🤔In this episode, we break down the key players in the Nigerian Stock Market — from the Nigerian Exchange Group (NGX) to stockbrokers, registrars, the Central Securities Clearing System (CSCS), the Securities and Exchange Commission (SEC), and listed companies.Here’s what you’ll learn:✅ The role of the NGX as Nigeria’s stock exchange✅ Why you need stockbrokers to buy and sell shares✅ How registrars ensure you get your dividends & keep shareholder records✅ What the CSCS does as the clearing house and custodian of shares✅ How the SEC regulates and protects investors✅ What obligations listed companies have to shareholdersBy the end of this video, you’ll understand how these institutions work together to keep the Nigerian capital market running — and how it affects you as an investor.👉 Don’t forget to like 👍, subscribe 🔔, and share this with anyone who wants to learn about investing in Nigeria.🎧 Also available on: Spotify, Apple Podcasts, Amazon Music & Audible#NigerianStocks #InvestingInNigeria #StockMarketEducation #TNIpodcast

Start Small, Grow Big: Nigerian Stock Market Guide with Profitable Man 06.09.2025 1h 25min

Welcome to Episode 44 of The Nigerian Investor Podcast (TNI Podcast) 🎙️In this power-packed episode, we sit with Peter Oke (@ProfitableMan1) — a business developer, finance coach, writer, and the voice behind Profitable Man. From losing it all to Ponzi schemes, to writing The Naija Investor, Peter shares raw lessons, timeless strategies, and practical insights for anyone serious about building wealth in the Nigerian Stock Market.🔥 What You’ll Learn in This Episode:Why “Buy the Truth Before the Stock” is the principle every investor must master 📘The painful lessons behind Ponzi schemes & hype-driven investing 🚫How to start investing with as little as ₦5,000 💵Why patience is the #1 skill that separates successful investors ⏳How community, discipline, and financial literacy build lasting wealth📖 Grab Peter’s book The Naija Investor here 👉 https://t.co/VLfhU2jiwk

From Hustler to Wealth Architect: Toby’s Blueprint for Smart Money Moves 30.08.2025 48min

The Nigerian Investor Podcast – Episode 43In this episode, we sit with Toby, the wealth architect behind @TomolaGroup and Vault Holders, a fast-growing financial literacy community helping Nigerians rethink money, build structure, and achieve lasting wealth.From making financial mistakes in his youth to creating platforms that turn hustlers into disciplined money movers, Toby shares practical insights on:💡 Why wealth is not about how much you earn, but how well you manage it📊 The 4 money biases that keep people broke — and how to overcome them💸 Smart savings, goal setting, and building money habits that stick🔑 Why you should spend to progress, not to impress📉 Beating inflation with emergency savings, cash flow, and skill upgrades🌍 The vision for Vault Holders: building a supportive community for wealth creationIf you’ve ever struggled with money discipline, felt overwhelmed by investing “noise,” or wondered how to start building wealth with little, this episode will give you clarity, confidence, and a roadmap for growth.