The Nigerian Investor

How much research is enough before making an investment decision?

In Episode 62 of The Nigerian Investor Podcast, Mudi and Aye explore analysis paralysis—the point where research, valuation models, opinions and endless information stop helping you make better decisions and start preventing you from making any decision at all.

Using the upcoming Dangote Refinery IPO as a real-world case study, Mudi and Aye examine the difference...

“If you can afford to lose the money, why are you investing it in the first place?”

That’s a question Mudi gets whenever he talks about the popular investment advice: “Only invest what you can afford to lose.”

But does that mean you should expect to lose your money?

Absolutely not.

In Episode 61 of The Nigerian Investor Podcast, Mudi breaks down what this advice actually means and why it matters when inves...

🎙️ Episode 60: Circuit Breakers Explained – The Emergency Brake of the Nigerian Stock Market

What happens when the Nigerian stock market suddenly stops trading?

Your trading app freezes.
Prices stop updating.
Orders stop executing.

Is something wrong?

Not necessarily.

Just like the circuit breaker in your home automatically cuts power to prevent electrical damage, the Nigerian Exchange (NGX) has its own emergency safety mec...

The $5.2 Billion Fine That Changed the NGX Forever

MTN 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 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, ...

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) • Reven...

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 wh...

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 journey

• mistakes investors make

• why analytical tools matter

• how Stockyvest works

• liquidity, dividends, and financial health

• the future of stock research in Nigeria

Would you use a platform like Stockyvest before buying a stock?

Like,...

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 chas...

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 inve...

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 means

• How operating margin shows business efficiency

• Why net margin is the true bottom line

• The difference betw...

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 m...

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 means

• Why companies reduce shares but increase prices

• How stock splits work dur...

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 ownersh...

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...

Episode 49 – How My Dividends Started Paying Me Every Minute

In 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...

🎙️ 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...

🎙️ 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 mar...

🎙️ 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...