Olumide Adesina
@olumidecapital
Tweets on financial information; not intended for investment advice
The most valuable personal finance asset is not needing to impress anyone.
The problem with 🇳🇬 social media is that the intelligent people are full of doubts, while the ignorant ones are full of confidence
Tony Elumelu, Transcorp Power chairman, warned 🇳🇬 banks threaten to shut 🇳🇬 GensCos because they owe them money
EFCC disclosed some 🇳🇬 youths are selling personal information details of victims including Bank Verification Numbers and NIN
This administration has favoured 🇳🇬 cement industry as anticipated. BUA Cement earnings was a huge explosion
CBN data showed 🇳🇬 in diaspora remittance hit $20.93 billion in 2024, 4X the value of Nigeria’s Foreign Direct Investment (FDI) for the same period
BUA Cement posted a pre-tax profit of N115.1 billion for the second quarter, a 511% increase compared to N18.8 billion recorded in the same period in 2024
The total registered BVNs by account owners stood at 66.2 million in July
NIBSS data revealed that the number of active bank accounts in 🇳🇬 rose to 320 million in March
Transcorp Hotels 🇳🇬 posted an interim dividend amounting to N1.024 billion, which equates to 10 kobo per share
Transcorp Hotels 🇳🇬 posted a half year revenue of N47.57 billion. This marks a 60% increase from the N29.7 billion posted in the same period in 2024
Intelligent investors win first with strategies and then go to market, while defeated investors go to market first and then seek personal research
Jeff Bezos sold $6 billion in Amazon shares since his wedding in late June. Zenith and GTBank are both worth less than $5 billion
Dangote Cement posted a pre-tax profit of N418.1 billion, a 230% YoY increase compared to the N126.6 billion recorded in the same period of 2024
If you want to survive long with investing, learn to enjoy personal research
“The first man gets the oyster, the second man gets the shell.” — Andrew Carnegie
🇳🇬 Federal Inland Revenue Service developed a real-time portal to track all VAT-eligible electronic transactions in 🇳🇬
The major reason 🇳🇬 needs wealth from agriculture and industrialization is because it's not a zero sum game and can employ a large population