₦50 million is NOT the maximum you can invest in FGN bonds.

Not at all.

What ₦50 Million Really Means

That amount usually comes from:

✓ minimum subscription thresholds
✓ or examples used in offers

But it is NOT a cap.

Let Me Explain With a Simple Example

Imagine land is being sold in plots.

They may say:

• minimum you can buy is 1 plot

Does that mean you cannot buy 10 plots?

No.

You can buy as many as you can afford.

That is exactly how FGN bonds work.

Oya… Relax Let Me Explain

When the government issues bonds through the
Debt Management Office

They usually set:

✓ Minimum investment (e.g., ₦50,001 or ₦10,000 depending on the offer)

But for large investors:

✓ there is no fixed upper limit

So Who Invests More Than ₦50 Million?

People like:

• high-net-worth individuals
• companies
• pension funds
• institutional investors

They can invest:

✓ hundreds of millions
✓ even billions

How It Works in Practice

You can invest:

• through stockbrokers
• through banks
• through primary auctions

As long as:

✓ you meet the minimum
✓ and funds are available

Let Me Be Honest With You

Many people see ₦50 million and think:

“That must be the maximum.”

But in finance:

✓ minimum ≠ maximum

Final Truth

There is no fixed ceiling like ₦50 million for FGN bonds.

✓ You can invest more — much more

Let Me Leave You With This

Don’t focus on:

• “What is the maximum?”

Focus on:

✓ “What amount fits my financial plan?”

Because smart investing is not about how much you can put…

But how well it fits your strategy.

Rose Ejituru

In Nigeria, you currently do NOT pay tax on profit from selling shares.

Yes…

Let that sink in.

What Does That Mean?

If you:

• buy a stock at ₦100
• sell it at ₦150

Your profit = ₦50

✓ That ₦50 is NOT taxed (capital gains tax does not apply to listed shares in Nigeria under current rules)

Let Me Explain With a Simple Story

Mama Ngozi buys tomatoes for ₦10,000.

She sells them for ₦15,000.

Her profit is ₦5,000.

Now imagine nobody collects tax from that ₦5,000.

That is exactly how stock profit currently works in Nigeria.

But Wait… Does That Mean No Charges At All?

No.

There are still transaction charges when you sell.

Oya… Relax Let Me Explain

When you sell shares, small fees are deducted.

These include:

1. Brokerage Fee

Paid to your stockbroker for executing the sale.

2. Exchange Fee

Paid to the Nigerian Exchange market.

3. CSCS Fee

Paid to the Central Securities Clearing System for settlement and record keeping.

So What Actually Leaves Your Money?

Not tax…

✓ but transaction costs

Important Exception You Must Know

Dividends Are Taxed

If you earn:

• dividend income from shares

Then:

✓ 10% withholding tax is deducted automatically

Before the money reaches you.

Let Me Be Honest With You

Many people confuse:

• capital gain (selling profit)
• dividend income

They are not the same.

Simple Breakdown

• Selling shares → No tax
• Earning dividends → 10% tax (already deducted)

Final Truth

You don’t pay tax when you sell shares in Nigeria.

✓ You only pay small transaction fees

Let Me Leave You With This

Before worrying about tax, ask yourself:

• Do I understand how I’m making money?
• Is it from price increase or dividends?

Because once you understand that…

Confusion disappears.

Rose Ejituru

Your profile is not just information.

✓ It is your first impression

Before anyone meets you…

They meet your profile.

Let’s Break It Down Properly

1. Profile Credentials (Facts About You)

Think of this as:

✓ your verified background

No stories.

Just facts.

What You Can Include

• Your profession

• Certifications

• Education

• Key skills

• Relevant experience

Important Rule

✓ Keep credentials short, factual, and clean

2. Professional Bio (Your Story + Direction)

This is different.

This is where you explain:

✓ who you are
✓ what you do
✓ where you’re going

What to Include

1. Who You Are

Start simple:

• your profession
• your current focus

2. What You Do

Explain:

• your work
• your skills
• your value

3. What You’re Building

This is powerful.

Show direction:

• career goals
• interests
• future path

Let Me Be Honest With You

Most people make one mistake.

They either:

• write too little
OR
• try to sound too big

The Right Balance

✓ clear
✓ simple
✓ focused
✓ real

Final Truth

Your credentials show:

✓ what you have done

Your bio shows:

✓ where you are going

Let Me Leave You With This

When someone reads your profile, they should understand:

• who you are
• what you do
• what value you bring

In less than 30 seconds.

If they can…

✓ your profile is working.

Rose Ejituru

There is no app or stock that guarantees “no regret.”

What protects you is:

✓ your strategy
✓ your understanding

Not just the app.

Firstly : Choose the RIGHT Type of App (Very Important)

Don’t just download any app.

Choose based on your level.

For Beginners (Safest Start)

Start with simple, guided platforms:

• Cowrywise
• PiggyVest

Why?

✓ they invest for you
✓ lower risk (money market, mutual funds)
✓ easy to understand

These platforms are beginner-friendly and regulated, offering structured investment options with relatively stable returns.

When You’re Ready for Stocks

Then move to:

• Bamboo
• Trove

Why?

✓ access to Nigerian + foreign stocks
✓ start with small amounts (even ₦1,000–₦5,000)

Secondly: Don’t Start With Stocks First

This is where many people get it wrong.

Start with:

✓ low-risk investments

Examples:

• money market funds
• fixed income

Why?

✓ more stable
✓ helps you understand how investing works 

Thirdly: When You Start Stocks, Keep It Simple

Don’t chase “hot stocks.”

Start with:

✓ strong, well-known companies

Examples in Nigeria:

• MTN Nigeria Communications Plc
• major banks
• top consumer companies

Why?

✓ established businesses
✓ more stability compared to random stocks

Fourthly: Use This Simple Beginner Strategy

Let’s make it practical.

If you have ₦200k–₦300k:

• 40% → safe investments (Cowrywise/PiggyVest)
• 40% → strong stocks
• 20% → keep as cash

Fifthly: Learn How to Navigate the App

Inside apps like Bamboo:

You will see:

• Portfolio → your investments
• Market → available stocks
• Buy/Sell → where you invest

Take your time.

Click around.

Don’t rush to buy.

Step 6: Avoid These Beginner Mistakes

This is very important.

Do NOT:

• invest everything at once
• follow hype or social media tips
• panic when prices drop
• expect daily profit

Let Me Be Honest With You

Most regrets don’t come from:

• the app
• or the stock

They come from:

✓ lack of understanding
✓ emotional decisions

Final Truth

The safest way to start is:

✓ start small
✓ start simple
✓ grow gradually

Let Me Leave You With This

Don’t aim to:

• make money fast

Aim to:

✓ understand how money grows

Because once you understand the system…

You won’t need to fear regret again.

Rose Ejituru

There is no “better” option.

There is only:

✓ what fits your goal
✓ what fits your strategy

Let Me Explain With a Simple Example

Imagine two businesses:

• one is a busy supermarket (steady daily sales)
• one is a fast-growing tech shop (not always steady, but big potential)

Both make money.

But in different ways.

That is exactly how bank stocks and other company stocks behave.

1. Bank Stocks (Stable and Dividend-Focused)

Examples in Nigeria include major banks.

What they offer:

• regular dividends
• relatively stable performance
• strong cash flow

Why People Like Bank Stocks

✓ consistent income (dividends)
✓ long track record
✓ easier to understand

Downside

• limited explosive growth
• affected by regulations and policies

2. Other Company Stocks (Growth-Focused)

These include:

• telecoms (like MTN Nigeria Communications Plc)
• consumer goods
• industrial companies

What They Offer

• higher growth potential
• price appreciation over time

Downside

• more volatility
• less predictable dividends (in some cases)

So… Which One Should You Choose?

If You Want Stability & Income

Go more into:

✓ bank stocks

If You Want Growth

Go more into:

✓ strong non-bank companies

The Smart Investor Strategy

Let me be honest with you.

Serious investors don’t choose one.

They combine both.

Simple Balanced Approach

• bank stocks → for steady income
• company stocks → for growth

This gives you:

✓ balance
✓ stability + growth

Let Me Be Honest With You

Many beginners make this mistake:

They look for:

• “the best stock”

Instead of:

✓ building a balanced portfolio

Final Truth

Bank stocks are not better.

Company stocks are not better.

✓ They play different roles.

Let Me Leave You With This

Before you choose, ask yourself:

• Do I want steady income… or long-term growth?
• Or can I combine both?

Because real wealth is built when:

✓ your portfolio is balanced
✓ not biased

Rose Ejituru