DexterousOne:


You care to share the tweets here?

CsRockefeller:
So who is Olabode here on Twitter?

I saw your tweets.

DexterousOne:


You care to share the tweets here?

DexterousOne:


What's the definition of a high net worth individual according to them?
Pls give a figure

I want to compare something

emmanuelewumi:


Can you share the content of the tweets

emmanuelewumi:





It used to be a minimum of N300 million

It was reviewed downward by SEC Nigeria about 4 years ago, you have a minimum of N100 million in liquid assets eg Treasury Bills, money market funds, corporate bonds, FG bonds and and stock market. It doesn't include your cars, gold, land or house.


Those who invested in the Refinery are super High Networth Investors, they might have Invested a minimum of $5 million

naijaoyibo:
In Nigeria, this should be someone whose net-worth exceeds $1,000,000 (₦380 million).

DexterousOne:


N380m in assets

Wow


Just wow.

I'm nowhere close to that lmao


But with time
We will get there

Let's just keep investing and staying prudent

Torture2020:
and you don't think a number of Nigerians have that feeling towards Ghana?

ukay2:


And it get get down to -150% red day next week trading. .....so what has changed?

DexterousOne:


The American Tech space for example

Imagine financing a startup there that then grows in value overtime


For example
A share of Amazon is over $2600 plus

Imagine investing when they still had teething issues.

The tech space across the world is a good start

We could also crowdfund and enter the UAE market
Hotel/Apartments over there have potential
As tourists flock there Jan to December


There are chinese start ups looking for money too.


Opportunities abound

We dont have to be local champions

emmanuelewumi:


Why did they ban Chinese traders in the market? They are operating freely in Lagos sha oo

speak2lift:
Check out SoftBank, Tencent....very few major Tech companies in the World that do not have some sort of ties to these guys.

They were deliberate and consistent over time and it paid off big time

emmanuelewumi:



You must have been a client, they always mail opportunities to selected clients, who are termed qualified Investors. Joint venture projects usually occur with real estate Investments, and you might not be able to cash before 2 years or more, you must be a High Networth clients before you can be invited for some of these opportunities.

Dangote Refinery is still a private investment, but some High Networth Investors, investment bankers and corporate lawyers etc have already invested in the project before it goes public

Cyberknight:


Really? Interesting. I wasn't aware they were in real estate; I know they were in Diamond Bank, and Sigma (actually encouraged someone to change their PFA to Sigma because of Actis).

DexterousOne:



Afolabi units?

You care to expand on that?

emmanuelewumi:


Can you share the content of the tweets

SirBen90:


Also known as "Tashere" units, "Afolabi" units refer to a minimal portion of a stock, bond or security. The origin of the term can be traced to the great NSEMPA.

naijaoyibo:
I saw those tweets too; and Nairaland came to my mind immediately. One about Lafarge last week. Another one about Naspers today. Olabode is definitely here with us.

DexterousOne:


Oww
I see.


No matter how small
The most important step is to START

kintus:


He's sure not a s.mart individual.

Definitely, those stories were lifted from this forum.

Dropping random and unrelated tweets just to prove a point.....smh.

arduino:

Bros, you mean one can actually port from one PFA to another?

Cyberknight:


Yes, you can.

IyawoToBe:

Oyinbo people call it Plagiarism Lifting other people's words and posting on twitter as though they are his? Na wa o.

arduino:

Bros, you mean one can actually port from one PFA to another?

SirBen90:


Also known as "Tashere" units, "Afolabi" units refer to a minimal portion of a stock, bond or security. The origin of the term can be traced to the great NSEMPA.

damilola1978:
since when?...last time I checked it was not possible

kintus:


He's sure not a s.mart individual.

Definitely, those stories were lifted from this forum.

Dropping random and unrelated tweets just to prove a point.....smh.

Diyke4rich:
Good morning everyone, please i need a little advise i have N500,000 i dont think i will use from now till 10years its advisable to investment in bond, money market, bank fix deposit to compound the interest or just buy shares from my bank which is firstbank but my experience with ecobank shares i bought since 2008 without any return is just making me to feel uncomfortable with shares.