Author: Gilbert Ayoola

Why Cash Flow Matters in Building Enduring Capital for Investment, Expansion The lifeblood of enduring growth in business or investment isn’t just capital—it’s cash flow. A robust, broad-based cash flow system is not merely an internal measure of business health; it is the engine that powers expansion, the buffer that absorbs shocks, and the compass that guides strategic decision-making. For any investor serious about scaling their portfolio and creating a lasting financial legacy, prioritizing steady, diverse streams of income is not optional—it’s foundational. The Role of Cash Flow in Investment Strategy Cash flow refers to the actual inflow and outflow…

Unclaimed Dividends Law Threatens Investors Confidence, Financial Inclusion The National Assembly (NASS) legislation mandating the transfer of an estimated N190 billion in unclaimed dividends to the Central Bank of Nigeria (CBN) has sparked reactions across the financial markets. Analysts are expressing concerns over the negative effects of the bill on investors’ confidence, market governance and financial inclusion. While positioned as a fiscal management initiative, this action is being criticised for its lack of transparency and for undermining investor confidence and the long-term growth of the capital market. Unclaimed dividends—earnings distributed by publicly listed companies to shareholders—have accumulated over the past…

The Resilience of Time: A Historical Analysis of the Nigerian Exchange’s Long-Term Performance In the real world of investing, the Nigerian Exchange (NGX) stands as a powerful testament to a universal investing truth: time in the market beats timing the market. Over decades, the NGX has weathered political instability, currency shocks, oil price collapses, and global financial crises — yet long-term investors have often emerged not just unscathed, but richly rewarded. Recent historical research into the NGX All-Share Index (ASI) reveals a compelling pattern of resilience and return, especially for patient investors. The data show that: 88% of all 5-year…

Dangote Petrochemicals: A Future NGX Giant? The Nigerian Exchange (NGX) is poised to welcome what could be one of the most transformative listings in its recent history — the proposed debut of the fertiliser division under the expansive umbrella of Aliko Dangote’s petrochemical empire. This move, if finalised, is expected to reshape the landscape of the Nigerian capital market and deliver immense value to both institutional and retail shareholders alike. Alhaji Aliko Dangote, Africa’s richest man and one of the continent’s most influential industrialists, is setting yet another monumental benchmark in Nigeria’s industrialisation journey. With the Dangote Fertiliser Plant already…

CSCS Plc’s Strong Q1 2025 Results Signal Growth Prospects The Central Securities Clearing System (CSCS) Plc, Nigeria’s premier Central Securities Depository (CSD), has delivered an impressive financial performance for the first quarter (Q1) ended March 31, 2025. The company’s unaudited financial statement reflects strong fundamentals, robust earnings growth, and a solid balance sheet, reinforcing investor confidence in its long-term value proposition. CSCS Plc kicked off 2025 with a notable uptrend in operating income, which surged to N4.51 billion, up from N3.60 billion recorded in the corresponding quarter of 2024. This 25.3% year-on-year growth indicates improved operational efficiency, increased transactional volumes,…

New Tax Reform Bills: A New Dawn for Nigeria’s Economy and Citizens President Bola Ahmed Tinubu has signed into law a sweeping set of tax reform bills that promise to redefine Nigeria’s fiscal landscape, streamline revenue collection, and ease the tax burden on low-income earners and small businesses. These reforms mark a pivotal moment in the country’s economic restructuring, designed to foster inclusive growth, improve tax efficiency, and promote national development. A cornerstone of the reform is the transformation of the Federal Inland Revenue Service (FIRS) into the newly established Nigeria Revenue Service (NRS). More than a mere name change,…

Presco Price Upswings- Strong Outlook with Cautious Optimism In the last four weeks, Presco Plc has demonstrated impressive price momentum on the Nigerian Exchange, catching the attention of both institutional and retail investors. The company’s share price has climbed significantly, reflecting a wave of positive investor sentiment and confidence in the company’s financial position. Since the breakout session on May 29, 2025, Presco’s stock price has gained significant ground, surging from N940.00, where it commenced its renewed uptrend, to attain a record high of N1,275.00 per share as of June 25, 2025. This movement marks both its all-time high and…

Oando’s Q1 2025 Results: Improving Margins, Widening Losses Oando Plc’s unaudited financial results for the first quarter of 2025 reveal a business navigating a delicate balance — showing signs of operational improvement on one hand, while grappling with deepening structural and financial challenges on the other. Oando reported a revenue of N932.6 billion for the period ended March 31, 2025. This reflects a modest 2.1% increase from the N913.5 billion posted in the same period last year, buoyed by stable international oil prices and higher crude export volumes. A more noteworthy development in the Q1 report is the reduction in…

Okomu vs. Presco: Investors Eye Strategic Accumulation as Presco Price Soars As Presco Plc continues its bullish rally, approaching its all-time high of N1,100 per share, investor interest has understandably started shifting toward Okomu, its direct peer in the same agro-industrial sector. Okomu, currently trading at N680, presents a compelling value opportunity when considered in comparison to Presco, especially given their similar product offerings (primarily palm oil and related agro-commodities), strong financial fundamentals, and recent trading performance. Presco Plc’s recent price surge to N1,100 represents a strong bullish sentiment around agro-industrial stocks, supported by increased demand for palm oil and…

Unlocking Wealth in Capital Market: Why Timely Action Beats Hesitation Investing in the Nigerian capital market is a promising pathway to wealth creation, but it is a journey that demands not only knowledge but also decisive action. In the complex dance of stocks, bonds, and securities, the difference between significant profit and missed opportunity often hinges on how well you align your investment moves with prevailing market trends and momentum. Failure to act appropriately—or worse, waiting too long out of fear—can be a costly mistake that stifles your returns, dividends, and overall profit. The Nigerian capital market, incubate the Nigerian…