The Nigerian Investor

Mudi
  • 1.0 (1)
  • Investing
  • Updated Weekly

This podcast is borne out of the sheer desire to uplift many citizens who, for no fault of theirs, lack financial education and think that only the privilege can access and secure wealth. Hence, this podcast has the dual purpose of enlightening and paving access to wealth creation. To achieve this goal, this podcast aims to stimulate and increase the participation of the general population and underserved communities in the activities of the Nigeria Stock Market viz-a-viz other related market instruments such as money market, bond, Federal Savings, commercial paper, ETF. Hosted on Acast. See acast.com/privacy for more information.

  1. 3d ago

    Ep. 65 – “I’d Sell My Entire Portfolio If This Happens” | Dangote IPO & Naira Outlook

    Dangote Refinery IPO, Naira Reforms & Where to Invest in Nigeria | Anthony Returns Is the Dangote Refinery IPO overvalued, or are investors overlooking one of Nigeria’s biggest investment opportunities? And should Nigerians in the diaspora be investing more in naira-denominated assets? Anthony returns to The Nigerian Investor Podcast for an in-depth conversation with Mudi about Nigeria’s monetary reforms, the outlook for the naira, opportunities on the Nigerian Exchange (NGX), and the investment decisions shaping the market. In this episode, Anthony explains why he believes the Dangote Refinery deserves a valuation premium, discusses his bullish outlook on Nigerian investments despite currency risks, and compares the performance of the NGX with dollar-denominated alternatives. The conversation also examines First HoldCo’s commitment to paying at least 60% of Group profit after tax as dividends, the sustainability of its earnings growth, and whether its current valuation is justified. Anthony shares his views on opportunities in the insurance and consumer goods sectors, portfolio allocation for Nigerians at home and abroad, and the political risks that could undermine his investment thesis. Mudi also challenges Anthony on fuel subsidies, exploring whether blanket subsidies benefit wealthier consumers disproportionately and whether targeted support would better serve lower-income Nigerians. IN THIS EPISODE: The Dangote Refinery IPO: valuation, earnings potential and investment risksNigeria’s monetary reforms and the Central Bank of NigeriaNaira versus dollar investments: what the returns really tell usFirst HoldCo’s dividend policy and H1 earnings qualityUndervalued Nigerian banks and opportunities on the NGXInsurance stocks and consumer goods companies to watchPortfolio allocation for diaspora investorsPolitical risk, monetary policy and the future of Nigeria’s economyFuel subsidies and the case for targeted economic supportIs Anthony right to be bullish on Nigeria, or are investors underestimating the risks? Listen to the full conversation and decide for yourself. The Nigerian Investor Podcast — breaking down the markets, simplifying investing, and helping everyday Nigerians make better-informed financial decisions. Follow the podcast, share this episode with another investor, and join the conversation. Disclaimer: This episode is for educational and informational purposes only and does not constitute personalised investment advice. The views expressed by the guest are his own.

  2. Oct 10

    Ep. 64 — What Just Happened to My Shares? The Hidden Risk of Investing in Nigerian Stocks

    What happens to your shares when a company leaves the Nigerian Exchange (NGX)? In Episode 64 of The Nigerian Investor Podcast, Mudi breaks down NGX delisting in simple terms and explain what Nigerian investors need to know when a company is removed from the Exchange. We look at the difference between voluntary and regulatory delisting using three real Nigerian companies: 📌 MRS Oil — a voluntary delisting from the NGX followed by admission to the NASD OTC market. 📌 ASO Savings & Loans — a regulatory delisting following the revocation of its operating licence by the Central Bank of Nigeria. 📌 STACO Insurance — regulatorily delisted by the NGX on September 21, 2026, following the revocation of its operating licence by NAICOM. We also answer some important questions: • Does delisting mean your shares become worthless? • What happens to shareholders after delisting? • What is the difference between voluntary and regulatory delisting? • What happens to the liquidity of your shares? • Why might a company voluntarily leave the NGX? • What should investors look for when a company announces a delisting? • What happens if a delisted company moves to another market such as NASD? Most importantly, we discuss why investors shouldn’t just understand what stock they own, but also understand the structure, regulatory environment, liquidity and risks surrounding that investment. Whether you’re a first-time Nigerian investor or an experienced NGX investor, this episode will help you better understand what happens when a listed company leaves the Exchange. 🎧 Listen, learn, and invest smarter. If you find this episode useful, follow/subscribe to The Nigerian Investor Podcast and share it with another investor. Until next time, stay consistent, stay curious, stay invested.

  3. Oct 3

    Ep. 63 — Those Three Letters Beside an NGX Stock: Understanding the CSI

    What do BLS, MRF, RST, DWL and BMF mean when you see them beside an NGX-listed company? In Episode 63 of The Nigerian Investor Podcast, Mudi and Aye break down the NGX Compliance Status Indicator (CSI) and explain what these three-letter codes mean for investors. The Compliance Status Indicator provides information about the compliance status of a listed company at a particular point in time. But what exactly does each code mean—and why should investors pay attention? In this episode, we explain: 📌 BLS — Below Listing Standard📌 MRF — Missed Regulatory Filing📌 DWL — Delisting Watch-List📌 DIP — Delisting in Progress📌 AWR — Awaiting Regulatory Approval📌 RST — Restructuring📌 BMF — Below Listing Standard & Missed Regulatory Filing📌 BAA — Below Listing Standard & Awaiting Regulatory Approval📌 BRS — Below Listing Standard & Restructuring📌 MRS — Missed Regulatory Filing & Restructuring📌 BMR — Below Listing Standard, Missed Regulatory Filing & Restructuring We also look at real NGX examples, including ALEX, AUSTINLAZ, CMFC, FTNCOCOA, INFINITY, PRESTIGE and UPDC, and discuss why investors shouldn’t simply ignore these codes when researching a company. Most importantly, we explain why a Compliance Status Indicator is not a buy or sell signal. It is another piece of information investors can use when researching a company and understanding the risks surrounding a listed business. If you’ve ever looked at an NGX stock and wondered what those three letters beside the company name meant, this episode is for you. NGX, Nigerian Exchange, NGX stocks, Nigerian stocks, NGX Compliance Status Indicator, NGX CSI, compliance status indicators, BLS, MRF, RST, DWL, BMF, BAA, BRS, MRS, BMR, delisting, NGX delisting, restructuring, regulatory filing, Nigerian investors, stock market Nigeria, investing in Nigeria, Nigerian stock market, NGX listed companies BLS, MRF, RST, DWL or BMF? We explain the NGX Compliance Status Indicators and what investors should know when researching listed companies.

  4. Sep 26

    Episode 62 | Analysis Paralysis: When Research Becomes the Problem — Dangote Refinery IPO as Case Study

    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 between proper due diligence and overanalysis. They discuss: 📊 How to separate a great business from a great investment 💰 Why valuation matters, even when the underlying business looks exceptional 🧮 The strengths and limitations of DCF and valuation multiples 🏭 What Dangote Refinery’s revenue, profitability, throughput and expansion plans mean for investors 📈 Why strong recent earnings shouldn’t automatically be treated as sustainable earnings ⚠️ The key risks investors should consider when analyzing a refinery business 🔍 How to identify when you’re doing useful research versus suffering from analysis paralysis 🧠 Why investors should focus on the quality of information, rather than simply consuming more information 📱 How financial conversations on X/Twitter can create confusion and influence your investment thesis 🎯 And perhaps most importantly: how to know when you have done enough research to make a rational investment decision. The goal isn’t to eliminate uncertainty. It’s to understand the uncertainty well enough to make an informed decision. Disclaimer: This episode is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Dangote Refinery, Dangote Refinery IPO, Nigerian stocks, Nigeria stock market, NGX, investing in Nigeria, Nigerian investors, analysis paralysis, investment analysis, stock valuation, IPO investing, due diligence, DCF valuation, stock market investing, financial literacy, Nigerian Investor Podcast, Dangote Industries, refinery investment

  5. Sep 19

    Only Invest What You Can Afford to Lose — What Does It Really Mean?

    “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 investing in stocks, the NGX, and other financial assets. Using the NGX’s sharp decline in June as a real-world example, Mudi explains what can happen when you invest money you’ll need in the short term—like school fees—and the market suddenly moves against you. Because the biggest problem isn’t always the market falling. Sometimes, it’s needing your money while the market is down and being forced to sell. In this episode, we explore: • What “afford to lose” really means• Why not all the money in your bank account is investment money• How your investment time horizon affects risk• The difference between risk tolerance and risk capacity• How forced selling can turn a temporary market decline into a realized loss• Why school fees, emergency funds, and other short-term obligations shouldn’t be treated like long-term investment capital• How to determine how much you can reasonably invest• Why investing isn’t the same as gambling• A simple framework for deciding whether money is ready to be invested The goal isn’t to eliminate investment risk. It’s to take risks you can survive. Before you invest your next naira, ask yourself: What is this money for?
When will I need it?
Can I handle the consequences if the investment falls?
And does the investment actually fit my situation? Because sometimes the biggest investment mistake isn’t buying the wrong asset. It’s putting the right money in the wrong place at the wrong time. 🎙️ The Nigerian Investor Podcast — Episode 61 #Investing #NigerianInvestor #NGX #StockMarket #PersonalFinance #InvestmentRisk #FinancialLiteracy #WealthBuilding #Nigeria #NigerianStocks

  6. Aug 1

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

    🎙️ 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 mechanism designed to protect investors during periods of extreme market volatility. In this episode of The Nigerian Investor Podcast, we break down NGX Rule 15.46—the market-wide circuit breaker that temporarily halts trading when the All-Share Index (ASI) moves 5% or more within the Exchange’s designated monitoring window. You’ll learn: ⚡ What an NGX circuit breaker is and why it exists📈 How the 5% trigger works⏸️ Why trading pauses for 30 minutes📅 The first time the circuit breaker was activated during the 12 November 2020 market rally🤔 Why it did not activate during the 30 May 2023 rally despite the market gaining over 5%🕒 How extended trading hours changed the monitoring window—but not the trigger🧠 Why circuit breakers help reduce panic, improve price discovery, and create a fairer market for all investorsWhether you’re a beginner or an experienced investor, understanding how the market protects itself during extraordinary volatility can help you become a calmer, more disciplined investor. If you enjoyed this episode:👍 Like the video💬 Share your thoughts in the comments🔔 Subscribe for more beginner-friendly explanations of the Nigerian capital market. 📱 Follow The Nigerian Investor Podcast:𝕏 (Twitter): @TNIpodcasterInstagram: @tnipodcast #TheNigerianInvestorPodcast #NGX #NigerianStockMarket #CircuitBreaker #AllShareIndex #StockMarket #Investing #FinancialLiteracy #CapitalMarket #RetailInvesting #NGXInvestors #NigeriaFinance #WealthBuilding #PersonalFinance #Stocks #LongTermInvesting

  7. Jun 6

    MTN Nigeria: How a Regulatory Crisis Created a 700% Stock Market Success

    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 MTN built a monopoly in the early 2000s while remaining privately owned. The 2015 NCC crackdown on 5.2 million unregistered SIM cards that led to a historic fine. The intense backroom negotiations with the CBN, Attorney General, and federal government that ultimately forced MTN to list on the stock exchange. The 2019 listing frenzy that drove a 700% capital gain from ₦99 to ₦790 per share. Discover the real forces behind corporate Nigeria where strategy, policy, and timing intersect. If you love breaking down the Nigerian capital market one brick at a time, hit Follow, rate our show, and share this episode with a fellow investor! Stay consistent, stay curious, and stay invested.

  8. Apr 11 ·  Bonus

    Why I Don't Own MTN — Anthony Uzum on Focused Investing on the NGX

    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, NGX Group, and NASCON. Anthony also explains the role of "protective" holdings like GTCO — stocks he doesn't expect to generate outsized returns, but that provide ballast in a volatile market. Whether you're managing ₦1M or ₦100M, this episode will change how you think about concentration and risk. Topics covered: The ₦50M+ threshold for holding up to 20 stocksWhy over-diversifying with a small portfolio destroys returnsStocks Anthony knows are good — but still doesn't ownGTCO as a portfolio "anchor" rather than a high-return pickHow to think about downside risk at different portfolio sizes

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This podcast is borne out of the sheer desire to uplift many citizens who, for no fault of theirs, lack financial education and think that only the privilege can access and secure wealth. Hence, this podcast has the dual purpose of enlightening and paving access to wealth creation. To achieve this goal, this podcast aims to stimulate and increase the participation of the general population and underserved communities in the activities of the Nigeria Stock Market viz-a-viz other related market instruments such as money market, bond, Federal Savings, commercial paper, ETF. Hosted on Acast. See acast.com/privacy for more information.

Information

  • Creator
    Mudi
  • Years Active
    2024 - 2026
  • Episodes
    68
  • Rating
    Clean
  • Copyright
    © Mudi
  • Show Website
    The Nigerian Investor

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