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Investment / Re: Nigeria's Stock Market: A Haven For Patient Investors by ceelog(m): 2:59pm On Jun 30
And you said they are listed on the NGX?
Mankind2024:
- Alphabet (GOOGL)
- Amazon
- Apple (AAPL)
- Meta (META)
- Microsoft (MSFT)
- Nvidia (NVDA)
- Tesla (TSLA)
Magnificent 7 plus, just add NETFLIX


Investment / Re: Nigeria's Stock Market: A Haven For Patient Investors by ceelog(m): 1:02pm On Jun 30
Abeg which ones are the Mag7?
Mankind2024:
Long-term thinking is essential for Nigerian Exchange (NGX) investors. The NGX of today is significantly better regulated than it was 25 years ago, providing a more secure investment environment. Adopting a long-term perspective, similar to a farmer who nurtures crops over time, is crucial. Historical data shows that time spent in the market outperforms attempts to time the market.

In the past decade, companies and financial institutions would collapse overnight and wipe off investors' funds due to poorly regulated activities in the old NSE. This perhaps may have discouraged investors from taking a long-term stand. Personal experiences illustrate this point. NAHCO, purchased at under NGN3.00, recently paid a dividend of NGN2.56, and is currently trading at NGN34.00, while UCAP, bought at NGN3.50, is poised to follow a similar path. Market fluctuations, or volatility, are inherent and allow existing shareholders to profit and new investors to enter.

The current inflation is a global phenomenon, triggered by global warming and climate change, the pandemic and exacerbated by geopolitical tensions and monetary policies. However, the NGX presents an opportunity to build legitimate generational wealth.

Investors should allow the market to dictate its performance, as listed equities are undervalued and even more so when factoring in inflation. With patience and perseverance, Nigeria has the potential to thrive, and the NGX will likely reflect this growth and outperform the worsening inflation in Nigeria.

I think long-term thinking is key to success in the Nigerian Exchange, which is now a better-regulated market for sustainable investments. I farm my wealth by adopting a long-term perspective in my investment journey and am ready to ride out volatility in building generational wealth in NGX. In addition, I am diversified by having a portfolio in the magnificent 7 and other blue-chip companies listed on the NYSE.
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 6:41am On Jun 17
My personal experience.
I had a 3.5Kva solar system set up by SolarEdge (he is on nairaland) in Jan 2023.
2 Luminous 220A batteries and 4 300w panels.
It cost me roughly about 1.4/1.5m.
I use it alongside govt electricity which can be epileptic 50% of the time.
Pros.
When there is a long time power outage eg vandalization or downtime.
1. I run the freezer from 9am to 4pm.
2. I can wash during that time.
3. TV and fans are always on
4. I am on postpaid metering and my bills reduced by about 20 to 30% or so.

Cons.
1. I rarely iron with it even with high sunlight
2. I can't pump with it.

Interestingly in this over 18months I have bought not more than 10 liters of fuel for emergency pumping and ironing.

I have been very happy with this set up and only hope to add 2 more batteries to tap mlre sunlight during raining season.

dangoteinlaw:
This is one problem am having with the solar discussion, i am yet to get any reviews and feedback from those actually using it, rather what we read is “my friend” “my neighbor” “the one i installed last month for a client”. I have a neighbor across my fence with over 12 panels and the security lights are so dimmed that a candle is even brighter. I am yet to see a company that runs on solar, i was driving by a filling station the other day with over 12panels on their roof yet the generator sound was as loud so what were the panels installed for?

Maybe in the nearest future solar will become better but now its a waste of funds.

If am to spend 7m on something i expect my Ac, water pump, Tv, washing machine and mico wave to be working because that is what i use my generator for. Don’t tell me to install a solar and you now go around to give me a list of what i should not use while on solar. Just a small mini rechargeable fan you asking me to turn of my light bulbs after spending 7m abeg make it make sense.

2 Likes

Investment / Re: Treasury Bills In Nigeria by ceelog(m): 6:01am On Jun 06
Hello Emma

Please why do you rep this Norrenbergee?
Do let me know.

You mentioned it alongside SFs.


emmasoft:


@Grupo this is what happened, the mutual fund business of investment one was sold to GTBank when they were to attain the HoldCo structure. Investment One is no longer in the mutual funds business. Your investment is not lost. It's with GTFund managers. Unfortunately, their portal has been down for a long time now. You can only know what you have in your account by sending mail to their customer care requesting your account statement.

You can look the way of Norrenberger if you want to patronize more fund managers. The form is attached.
Properties / Re: The Making Of The "Captivating" 5 Bedrooms Duplex In Enugu by ceelog(m): 6:36am On Feb 26
spyder880:
Concrete cast for the increte floor in this compound............

Spyder well done. And beautiful concrete design too. More expensive than stamped?

Also, I must have missed it but please why the double block work with a small concrete cast between it in the pics?
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 5:53am On Dec 09, 2023
I can see the litium batteries are speedily being patronized by home owners.

If i might ask...

Switching from 4 220A tubular (for a 3.5KVA) to the lithium of similar capacity will likely cost how much now?

twinskenny:
Did this upgrade yesterday…
From 4 tubular batteries to 7.5kw lithium more juices


For your solar inverter solution let’s talk…

08035153923
08051355133
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 7:22pm On Dec 01, 2023
michlins:
I am still your welder doing beautiful metal doors that will outlive your building

Hello Sir.
Please what is the cureent price for 24ft tank stand (h beam or good steel) now for Imo State? To carry one or two 500 gallons.
What is the shortest delivery time including mounting it?
Travel / Re: Spain Schengen Visa by ceelog(m): 6:06am On Sep 07, 2023
pufframmy:
Spain has moved their address to

Address3rd Floor
Amazing Grace Plaza,
2E-4E Ligali Ayorinde St,
Victoria Island, Lagos

take note

Please do you mean the Spain Consulate Office? I saw Kofo Abayomi....online

Please i ask as i want to address my medical certificate.
Answers anyone please.
Food / Re: Concoction Native Jollof Rice Recipe | Palm Oil Rice With No Tomatoes (Photos) by ceelog(m): 6:39pm On Aug 23, 2023
gloryhomemaker:


Wow, point and kill vegetable chicken. I could already imagine it now.

Ok, first it has to be freshly killed chicken preferably soft chicken.

Season and marinate in the fridge for about an hour.
In your pot add in little palm oil as you want it local.

Add in fresh pepper, onions, crayfish, ehuru all ground together and fry for about 5 minutes.

Add in the well marinated soft chicken, fry on both sides for 10 minutes each.

To finish up add in ugba (ukpaka) and utazi leaves.
Taste for seasoning and salt and know if you need to adjust any.

Your point and kill chicken vegetable with local spices is ready.
Serve and enjoy.

@pocahontas, please any more insights?

Thanks dear for this suggestion.

The chicken was cooked (not fried) in the boiling spice mix and i observed Ugu seem to have been added. But i will try out your suggestion.

Thanks

1 Like

Food / Re: Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! by ceelog(m): 6:34pm On Aug 23, 2023
ahnie:

I found these.

Sorry dear. It is not this. It looks more like vegetable soup.
Food / Re: Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! by ceelog(m): 6:32pm On Aug 23, 2023
ahnie:

Pics from Google may give us clear understanding.moreso this is the first time m hearing of point n kill vegetable chicken.

I really wish i could share a picture but i ate it at a joint in the Eastern part of Nigeria. If i ever see one i will share.

1 Like 1 Share

Food / Re: Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! by ceelog(m): 8:35am On Aug 22, 2023
Hello guys

Please i would like you to share the recipe for Point and Kill vegetable chicken. It is not peppersoup and not really a sauce.

It is one delicacy i wish to know how to cook using local spices and selecting the right vegetables.
Food / Re: Concoction Native Jollof Rice Recipe | Palm Oil Rice With No Tomatoes (Photos) by ceelog(m): 8:27am On Aug 22, 2023
Very educative.
Please i would like you to share the recipe for Point and Kill vegetable chicken. It is not peppersoup and not really a sauce.

It is one delicacy i wish to know how to cook using local spices and selecting the right vegetables.
@pocohontas

gloryhomemaker:
This cook with me video is a step by step guide on how to cook Nigeria local rice also known as concoction rice or native rice.

The ingredients for this local African delicacy is always minimal but when well prepared the taste is amazing that you will keep asking for more.

This version of Sapa concoction rice is worth a try and enjoying!

Ingredients:
Rice
Palm oil
Iru
Shombo
Pepper
Onions
Crayfish
Fish (optional)
Scent leaf
Seasoning
Salt



https://www.youtube.com/watch?v=vladAl0KdgE

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 4:32am On Aug 15, 2023
Sir, you mean concrete tank stand cost almost same with H-steel tank stand? Meaning it cost more than galvanized pipes?

A number of people say otherwise that concrete or block and concrete stand is cheapest.

Can we see a pic if u dont mind?

Abbeyb1ack:


This a price quote I got for bungalow as well when I visit iyana ipaja,lagos then
I think H BEAM is okay

Mayb the price can guide you
But I later constructed a concrete stand spent almost the same amount but it's really nice
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 11:31am On Aug 14, 2023
I appreciate your feedback as always.

I might just settle for one or two socket for kids rooms (with 2.5mm). And as you rightly guessed, the house is rarely used. Once or twice a year.
That is the major challenge. Not over spending but still buy quality.

Also, thanks for the info on LED lights not needing earthing. I will hold on tightly to that.

topsy23:


Using 1.5mm for socket not really advisable BUT if the number of socket on that circuit is not more than 3 or max is 4nos. Remember most of this sockets are redundant for weeks without using them. Also, make sure no heating appliance is plugged to them . The permissible current for the 1.5mm cable is 23A..

The 1mm is for Traveller (for 2-way switching). Most of the LED light has no earth terminal

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 11:24am On Aug 14, 2023
bolu1986:


The above is correct please don’t use 1.5mm for sockets

With my little knowledge

Thanks for the advice Bolu.
Looking forward to engage you some day. I love your work.

2 Likes

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:07am On Aug 13, 2023
@twinskenny and @topsy2 pelase help me this:
1.5mm wire (red and black) with 1mm green are for lightbulbs, ceiling fans and spotlights

2.5mm wire (red and black) with 1.5mm green are for parlour/room sockets

4mm (all colors) are for electric cooker and water heater.

Nb: All are high grade Nigerian cables.

Any modifications?
I have seen electricians using original 1.5mm for room sockets. Advisable?

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:05am On Aug 04, 2023
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 6:06am On Aug 02, 2023
KIDfurniture:
When was it shared ? Can you take me back to the day it was shared here? Thanks and if you anyone can share pictures of the end result.


Dec 12 2020.
Click on the posters name gameboy on the shared message.






Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 6:08am On Aug 01, 2023
Bovijean:
Good morning everyone
May this week bring us favor
Just finished this parlor in ikorodu
Elite design.Providing value for your money as always

WhatsApp 08144621992

Simple but nice.
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 5:52am On Aug 01, 2023
KolaShangOne:


Ive done both.

I can tell you that There is still a whole lot of difference between a properly screened wall and the type of finish you'll get from this method.


God blessyou bro.
I will keep that in mind.

Maybe do full screeding in critical rooms such as Sitting room, dinning, hallway and external.

3 Likes 1 Share

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 12:05pm On Jul 28, 2023
I am still wondering if anyone tried this awesome idea when it was shared?
I would like to know the consistency of the screed mix and if the screed brush was just for application and no smoothening?

Please share your experiences.

gameboy55:




wall screed 2m, damn


there is a very very cheap way to achieve dat with less than 50k (depending on the size of your project) and to me its best, becos it does not peel off after sometime like that of top bond nd pop combination

in south here, its called plaster screeding, WHY because, its goes along with your plastering

as soon as the walls is plastered and allowed to dry (to the point if you apply force on it won't spoil the job) you mix few quantity of pop cement with water nd add a little quantity of black cement nd stir properly

use a screeding brush to apply the solution on your plastered walls and smooth with sand paper wen dry


its very beautiful (very smooth nd cellophane like walls)
its the cheapest method you can get
nd it last longer than top bond method which paints usually peels off on most occasions


I used just one bag of pop cement for both inside, outside, and parapet screeding for my 4bedroom bungalow with labour not up to 40k. It was done by those doing the plastering


the attacted fence including the four sides inside fence walls (100 by 50) was done with half bag of pop cement. labour was less than 30k.

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:58am On Jul 28, 2023
EgunMogaji2:


For me personally I like swing gates.

For water stands, consider spending the money in pressure pump and leaving the tank on the floor.
Please explain your point if you dont mind Sir.

Modified.: I have seen the explanation of your point

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:33am On Jul 28, 2023
Kk0nsults:
Build this Design for 6.5million
Something Light
Let me not say what is on my mind.
But please how is this even possible for a storey building with all that glass?

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:23am On Jul 28, 2023
Hello guys.

Please where can one get glossy hdf or mfc (high grade) in Enugu or SE for some delicate but small TV console project?
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 9:34pm On Jun 18, 2023
Sorry did you say 850k for this kichen cabinet set up i am looking at using HDF?
Or are you talking about a much bigger set up?

Seems a lot ooo IMO

hamtabfawaz:



I mainly use two types of boards for my kitchen setup.
standard HDF or HDF high gloss.
For Standard HDF = ₦850K . HDF high gloss = ₦1.3M
NB: prices are subject to change.

You can send me a DM on whatsapp & request for videos of previous projects. 09122348437

1 Like

Travel / Re: Authenticity Of Documents At Ministry Of Foreign Affairs, Abuja by ceelog(m): 3:22pm On Jun 04, 2023
drLammy:


You can apply at Force CID office at Alagbin in Lagos.
Although it can also be done without having to be physically present depending on how you want

Really?
What of the biometric capture?
The policeman contact at Ikoyi says physical capture is a must with the new IG.

Is this true?
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 10:33am On Mar 30, 2023
praise010:
Please house, help me critique this Plan oh.... It's a 4 bed duplex I want to build in my villa.

Your suggestions will be appreciated

I am impressed with this design.
I am not an architect but with a footage of 105sqm it is a well managed plan.

My only small additions are
1. Let the Master room door open inwards.
2. I will remove the walk in closet and make the wardrobes bigger by resting on the long walls of the room.
3. I personally dont like too much walls so i will remove the upper lounge walls and it will feel bigger.
4. I hope the rooms are cross ventilated.
5. ADD A STORE FOR THE KITCHEN

Its a good drawing for a very small plot size.

I don bookmark am sef.

3 Likes

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 4:50am On Feb 08, 2023
sonnie10:


Those woods might not be available in Nigeria

Jiust me thinking.
What if one gets these very old wooden doors, spray anti termite on them, dry and sandpaper them, use gloss primer on them, cut them to small sizes, do some joinery and put them as cabinet doors as @person2person said?
I am sure we will have some old good woods that may substitute the foreign ones.

1 Like 1 Share

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by ceelog(m): 9:34pm On Feb 05, 2023
Person2person:


Yes, it's our usual practice to design first and I have done it for every person that contact me for jobs here and off here. At my busiest time, I may just send a free hand sketch of the intended arrangements.
What if one wants this type of cabinet? Hardwood and rustic.
Will it be more expensive?

1 Like

Properties / Re: DESIGN & CONSTRUCTION Of A 2 BEDROOM & 1 BEDROOM BUNGALOW(semi-de)IN LUGBE ABUJA by ceelog(m): 1:21pm On Jan 29, 2023
seunfly:


let me keep this for future refrence.
Same here

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