Recent content by Okoroafor Faith

Is there a tax fee on maturity on Tresury Bill, mutual funds and Bonds? On Treasury bill and FGN bond, there's 10%WHT while mutual fund and FGN savings bond, there's no WHT

Mutual Fund, Stocks, Or T-Bills? Explained Like You’re 12 Imagine you have ₦100,000 and you want your money to work for you. You hear people talking about mutual funds, stocks and Treasury bills. Now you’re confused. “Which one should I put my money in?” Let’s make it very simple. Think of...

8/ What about the NGX suspension? Trading on the NGX was suspended from September 23, 2026, to allow the exchange and company to reconcile shareholders' records and implement the new share structure. The exercise was expected to run for about 10 working days, with trading expected to resume...

6/ So why should investors not worry? Because the consolidation changes the price and share structure, not the underlying business. The things that ultimately determine whether Sterling becomes a good investment remain: - Revenue Growth - Profitability - Dividends Etc And ultimately, how...

4/ Share Price has increased. Sterling was trading at ₦7.7 before the consolidation. After the consolidation, it will be trading at ₦77 If you had 10,000 shares: Before 10-for-1 consolidation: 10,000 × ₦7.7 = ₦77,000 After 10-for-1 consolidation: 1,000 shares × ₦77 = ₦77,000 Same...

3/ Why do companies consolidate shares or do a reverse stock split? A share consolidation doesn't magically make a company more valuable. It simply reduces the number of shares outstanding and increases the nominal/trading price per share. Sterling is moving from approximately: 68.5 billion...

2/ What happens to your shares? If you owned: 10,000 Sterling Holdings shares, it has become 1,000 shares 5,000 shares ==>> 500 shares 1,000 shares ==>> 100 shares Your number of shares reduces by 90%, but the value of each share is theoretically multiplied by 10. So the value of your...

1/ What exactly does the announcement mean Sterling Financial Holdings Company Plc has completed a 10-for-1 share consolidation. In simple terms: every 10 existing shares become 1 new share. But this does NOT mean shareholders have lost 90% of their investment. Here’s how it works 👇🏾

One thing parents should inculcate in their children is that each person is responsible for their own lives. The way you relate with your own siblings must exemplify this. My brother’s money is NOT mine. He is NOT responsible for me but we much help each other where necessary without been entitled.

One of the ways that I test a business idea is by the number of everyday people who say to me, "I am interested". The estate agent I was talking to yesterday asked, "What do you want to do with the property?" I replied, "We will sell cheap-cheap Tshirts in large quantities, like 2k, 3k...

@Obikwere Evans, Unless they have audit team, dubious media buyers can do it within 8 months by diverting the company's traffic. I don't think it is really a carelessness thing.

Any asset can make you wealthy, rich or poor depending on your how and why. But for sure, Purposless investing hardly leads anywhere. You can invest in shit and make money just as you can invest in Gold and lose money.

You all should go and read ' The Godfather' . One of the easiest way to run you street legitimately is through Legal manace. El-rufai levels Street is not gangsterism The Real Street is Legal The Courtroom , the Police, the Force agency, the immigration - Legal alignment. Under certain...

6 THINGS YOU SHOULD NEVER TAKE FOR GRANTED AS A BUSINESS OWNER IN NIGERIA I’ve noticed a lot of patterns in the business owners we don't give loans to. Here are 6 things I strongly recommend you should NEVER TAKE FOR GRANTED as a business owner in Nigeria today. 1. INTEGRITY. Your YES...

Learn to build structure and cultivate a winning culture in your organization, you cannot leave it to chance. Structure is not accidental. Culture is not automatic. They are built intentionally.