Busayo Akanro – Light does not shine in light

“… for as long as the earth remaineth, seed time and harvest shall never cease…..”

Can you guess what the most popular discussion on Broad Street, Nigeria’s financial nerve centre was last week? Before you think too deeply, let me help you out. It was ‘Soludo’s Denial’. Can you imagine the Central Bank Governor denying that he instructed banks to stop margin facilities? He seemed to be saying that the banks only responded to a rumour. Even at that, can one blame the bankers? Is not ususally said that ‘in every rumour is an element of truth?’ If i can remind you, those that never believed the rumour of recapitalisation and acted promptly came out victorious. come to think of it; if the CBN never instructed or never thought of stopping margin facilities, why the sudden change of nomenclature and why ‘custody account? Is custody account not an existing instrument in the Nigerian market? So, why didn’t the Governor come out openly to tell the banks and thw whole nation that he never said so when the news hit the system even before the negative impact began to manifest.

Anyway, it’s very important in times like these for investors in the stock market to know and understand what it takes to be a winner in any market. There are a number of principles that are important to note with regards to investing in the market: (more…)

Hi Readers, history has just been written a few hours ago as members of the New Nigeria Club partook in an Investors’ Forum. The Forum was organised by the managers of NNC – Generis Solutions in conjunction with Realty Point Limited. Realty Point Limited represents Olive Real Estate – a real estate marketing firm in Dubai. The meeting kicked off in high spirits as expected as people poured in and grabbed available seats with apparent anticipation on their eager faces.

One could cut almost cut the thick feeling of great expectations with a knife in the Lagos Travel Inn hall where the forum held as potential NNC investors sat back and listened with rapt attention to the presentation done first by Deolu Akinyemi (MD/CEO Generis Solutions) and then Marcus Karin (Business Development Executive of Olive Real Estate). Yours sincerely was the most humble anchor of the program and very quickly made the audience comfortable by combining wits and humour to elicit laughter from them.

The investment opportunities that were on the plate were Shape-CD Africa and 10-Tower Jumeirah (Dubai). Deolu Akinyemi started by presenting Shape-CD Africa. (more…)

In a rare move, the Council of the Nigerian Stock Exchange on Monday imposed a freeze on the downward movement of stock prices that seemed to confirm regulators’ concerns about the consistent bearish trend in the market.

The significant price losses had been linked to the Central Bank of Nigeria’s directive to banks to suspend lending to support margin trading by stockbrokers and speculators.

Margin trading is the risky practice of using leverage or borrowed funds to invest in securities, which amplifies both gains and losses.

Unconfirmed estimates put the size of leverage in the stock market at 18 per cent or about N2.5tn, and this has been a significant factor in driving prices, especially in emerging markets.

It was learnt that the suspension, which resulted in the rather unusual scenario of 31 stocks gaining in price and none losing at the close of Monday’s trading, would be for one week in the first instance, while the NSE tries to persuade the CBN to rescind its decision. (more…)

Many investors in the Nigerian capital market are sulking and counting their losses. For quite a while now, the prices of shares in the market have been falling. The continuous drop in the prices of shares in a market that many have come to see as a cash cow is giving rise to fears that the market is heading for a crash.

For instance, a total of N650 billion have been lost by investors in the Nigerian Stock Exchange (NSE) in a matter of one month as the declining trend of the market indices and prices of equities continued for the fifth month on the Exchange. Market capitalisation which had a record of N12.640trillion on March 5th 2008 dropped to N10.95trillion at the end of the month of June a 13.5 per cent lose in prices and investment funds. (more…)

The Nigerian macro-economy overview is a compelling story of progression and advancement, attributable mostly to a stable political environment and the successful implementation of socio-economic and financial reforms. Though Nigeria has previously been extremely dependent on Oil & Gas revenues, recent statistics show a change in this trend. Militant unrests affecting oil producing regions have resulted in significant reductions in oil contribution to GDP. On the flip side, increasing focus on developing the non-oil sector, combined with growth in key sectors such as Telecoms and Building Construction have boosted non-oil sector earnings and growth.

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The significance sector is a key part of the financial services sector. In other emerging economies, it has been identified as being critical to the ability of those markets to grow and develop, simultaneously providing an opportunity to hedge against possible risks of private, social and economic investments. Insurance companies also serve as a base for collecting relatively small premiums from millions of policy holders, into a pool to support term financing for economic growth.
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A look at the growth patterns and trend of the insurance industry in various developing markets (we examined Brazil, Russia, India, China and Kazakhstan)< showed some underlying similarities; as well as other key factors, which have aided strong for the Insurance Sector in these countries.
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The Nigerian Insurance Industry has evolved over the past two years following the announcement of new capitalization requirements for companies operating the sector. With the conclusion of the consolidation exercise, the number of players dropped from 103 to 49. Activities in the sector have, however, noticeably increased; with enhanced public awareness of the sector and their operations, rapid expansion and strategic business acquisitions, improved visibility and strict supervisory regulation. (more…)

Progress always requires change. Going to a new level always requires changing your mind. You may know intuitively, but you need to need to make that idea foundational to the way you “do” life. Martin Grunder tells a story about Mark Victore Hansen, the motivational speaker who created the Chicken Soup for the Soul empire.

Years ago, before his great success, Hansen approached Tony Robbins at an event where both of hem were speaking. “Tony,” he said, “I’ve been doing this for a long time and I’m doing okay. I’m making about a million dollars a year doing what I’m doing. I know for a fact that you made $156 million last year with your speaking and teaching and all of your products. How do you do it? How can I do it?
Grundersays Robbins turned to Hansen and asked, “who is in your mastermind group?” That’s a group of like-minded people who meet to generate ideas and have accountability.
“Millionaires,” replied Hansen. “We’re all millionaires.” (more…)

Every enterprise is built by wise planning, becomes strong through common sense and profits wonderfully by keeping abreast of the facts. (TLB)…Proverbs 24:3, 4

Which of you intending to build a tower does not sit down first and consider the cost?…..Luke 14:28

Planning is the Key to success.

In school, when you fail an exam you have to resit. Resitting implies that the first time you took the exam; you didn’t “sit down” properly. So now, you need to make adjustments to your sitting down and take the exam again. Most students, who fail, do so because they fail to plan and not because they are not intelligent. One needs to find what works for himself or herself and work on that.

Rev. Sam Adeyemi in his 1^st year in the university scored 29% in math in the 1^st semester of that year. In the 2^nd semester, he decided to fast and pray and ended up with 28%. He lost 1% probably as a result of hunger from the fast. In the 3^rd semester, he determined to engage in more spiritual exercises by fasting and praying more than he did previously. He got back the 1% he lost previously and scored 29%. (more…)

Very recently, I have been reading a particular book titled – The Tipping Point. The book focuses on how little things can make a big difference in this world. I was amazed at how much analysis of epidemical events has narrowed these little things into 3 main categories. I couldn’t help but think that if only these factors were applied intentionally to our society, the Nigeria we live in presently will become history as a new Nigeria would have taken over.

The tipping point, written by Malcolm Gladwell, is the biography of an idea, and the idea is very simple. It is that the best way to understand the emergence of fashion trends, the ebb and flow of crime waves, or, for that matter, the transformation of unknown books into bestsellers, or the rise of teenage smoking, or the phenomena of word of mouth, or any number of the other mysterious changes that mark everyday life is to think of them as epidemics. Ideas and products and messages and behaviours spread just like viruses do. (more…)

“for our light affliction is but for a moment which worketh for us a far more eternal and exceeding weight of glory”

Some years ago, on a hot summer day in south Florida, a little boy decided to go for a swim in the old swimming hole that was behind his house. In a hurry to dive into the cool water, he ran out through the back door, leaving behind shoes, socks, and shirt as he went. He flew into the water, not realizing that as he swam toward the middle of the lake, an alligator was swimming toward the shore.

In the house, his mother was looking out through the window. She saw the two as they got closer and closer together. In utter fear, she ran toward the water, yelling to her son as loudly as she could.

Hearing her voice, the little boy became alarmed, and made a U-turn to swim to his mother. It was too late. Just as he reached her, the alligator reached him. From the dock, the mother grabbed her little boy by the arms, just as the alligator snatched his legs. That began a very incredible tug-of-war between the two.

The alligator was much stronger than the mother, but the mother was much too passionate to let go. (more…)

Geofluid Ltd. (a marine company said to be 10 times bigger than Japaul Maritime and Oil) is currently offering private placement available at a price of N6.50. This is open for this week only. After this week, the price will be N7.00 as stock broking firms are currently selling for N7:50. Even though the form price says N5.00 some premium was added to it by our supplier in exchange for guarantee that we will have all that we pay for. The company is billed to list within 120 days.

We also currently have an opportunity to earn 100% (80-150%) returns in 9-12months in a Real Estate Deal in Dubai. This is open for people who have about N1,000,000 and above to play with. For all interested in this please reply indicating interest and you will be sent the appropriate files. There is also an opportunity to have Dubai residency if your investment is substantial enough. The benefit of this is that you can access the opportunities in their banking sector.

There are other opportunities as well, that will be shared with you on further show of interst. You can call on any of the staff of Generis Solutions to enquire more about these opportunities or you can call

Busayo- 08034717104