In the grand scheme of things, small differences in purchase price are irrelevant (as long as the underlying business is solid). The value of a stock is ultimately determined by the value the business creates over time. And if you buy a good business, the value they create will eventually be greater than the price you paid. That's the logic. If you are a long term investor, you do NOT have to wait till prices come down before buying. If you can buy low, of course you should. But wether you bought GTCO at 130 or 134 will be irrelevant in 10 years time.

This is not entirely fair. Aradel submitted this to the NGX back in March. If they don't release reports by May 29 (just next week), then shareholders can go after them.

I will contribute to this because I find the tone respectful and collegial. Most Christians fast, but they do not all fast at the same time. And there is a reason for it. There are several traditions in the Christian faith, shaped largely by how the faith developed over the many centuries that have passed. Even though all Christians share the same core set of beliefs, there are several differences in how the different faith traditions approach things including fasting. There are the ancient churches (mostly Catholics and Anglicans, who themselves were offshoots of the Catholics) who observe fasting during the Lent season. And there are Pentecostal churches (these are the churches you find in PFN, Pentecostal Fellowship of Nigeria, whose current President is Bishop Francis Wale Oke). Pentecostals believe that Christians should fast as often as they can and in response to the directions of the Holy Spirit. In fact, major pentecostal churches in Nigeria (RCCG, Winners Chapel, Deeper Life, MFM etc) fast for long seasons every year, but mostly at different times. In fact, RCCG fasts for 30, 50, 100 days depending on the specific instructions for the year. They are actually fasting now. The reason you will hardly find them speaking about it is that the Bible strongly discourages (almost forbids) all public shows of fasting. So, Christians fast but they do not all do it at the same time. And when they do, they are most likely never to talk about it, except within their close circles.

Hello Tolu (@toluogunlesi) I wonder if you have considered taking some time to put your political/policy/historical knowledge down in a book? You are the most likely person I know who can be the 'Nigerian Doris Kearns Goodwin', a chronicler of public leadership history, able to combine rigorous research with broad readability. Goodwin is renowned for writing Pulitzer-winning books that are also bestsellers (a rare combination). Egbon Segun Adeniyi has started on that pathway, but I think you are one person who can take that emerging genre a little higher. I wish you Godspeed.

The New York Times is reporting that the US military has drawn up a plan for consideration by their President. After reading the article myself, it does not indicate the kind of 'boots-on-the-ground invasion' of the Nigerian heartland as many commentators seem to imply. Regardless, our government needs to rise up to this occasion with tact, diplomatic wisdom and the intentional resolve to tackle head-on the myriad security challenges facing the country. We will overcome!

Let me add some details. Once CSCS activates your account and you log in. You will see 'Analyse My Portfolio', on the left. This shows all the your shareholdings as long as they are tied to your CHN. It shows the stock, number of units and their market value. The list is automatically updated everyday to reflect new share prices, as well as purchases and sales.

This is a great analysis, @Rufyb. Thank you. You may need to update the numbers for Wema Bank. Earlier today, they listed an additional 14.1 billion shares (from their recent Rights issue). This will definitely affect their EPS and multiples, considering that their OS has now increased significantly.

Dear @Rovingheights, I hope your team will have this book when it is released on August 18. Can't wait to read it.

Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved fiscal position, the World Bank said on Monday, but warned that persistently high inflation remains a challenge. reuters.com/world/africa/nig…

I hope you are not talking about ‘profits’ made from meme coins? Because there is actually no independent profits being made. Every profit made by a participant is directly extracted from some other participant. It is a giant zero-sum game with no intrinsic value being created.

7 Steps to Effective Prayer - KCM Blog blog.kcm.org/7-steps-to-effe…