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Ayò Bánkólé
@AyoBankole
, 4 tweets, 2 min read Read on Twitter
UPDATE: MTN Nigeria will list over 20bn units of shares by introduction on the NSE tomorrow at N90 per share. This will make MTN the 2nd largest company by market cap on the NSE and create a good opportunity for you to invest at probably the lowest price it may ever be. Thread.
For those who have been asking me to help them with this. I am not a stockbroker, so sadly, I can't help you buy. Only stockbrokers are licensed to do that. Contact one to open an account.
Here is the list of NSE-approved brokers nse.com.ng/dealing-member…
I understand there is no minimum units you can buy, so you can buy as low as N10,000. Note however that different stockbrokers have different minimum amount they require for account opening, so don't be discouraged if one is outside your capacity, just call another one.
Once you open the account, you can then mail them or contact them via any other channel to buy the shares for you. Please refer to my earlier thread quoted here for the merits in taking advantage of this. I will respond to any other questions you may have. End.
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More from @AyoBankole see all

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Ayò Bánkólé
@AyoBankole
So yesterday, my own mum became a victim of fraud. She lost her phone, immediately told @gtbank to block her account & called @AirtelNigeria to block her line.

Everything in this country is meant to kill you, even in your old age. Thread.
Ofcourse @AirtelNigeria was unreachable in their usual unreliable customer service.

@gtbank claimed to have blocked, only for her to see over N200k had been transferred from her account yesterday. She wasn’t allowed to access the details until she unblocked.
@PoliceNG is doing back & forth. @gtbank wants her to retrieve her line before they can give her the details of the fraudster on HER OWN ACCOUNT. Airtel will take 24HRS to reactivate line. In all these, the criminal is probably spending the money, gone into hiding or 1bn things.
Read 11 tweets
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Ayò Bánkólé
@AyoBankole
Forget the trending topics for a second, before you sleep, make a mental or paper note of how you will save to buy MTN shares once the IPO is launched.

No quantity will be too small.

Thank me later.
Woke up now to scores of DMs and responses about this tweet, so I’ll do a thread on why and how to invest in the MTN IPO once I’m settled at work.
I apologise again for my inability to respond to all the DMs and responses. Hence why I’m doing this thread instead. This is a basic explanation that speaks to everyone, but whatever I write here should NOT be taken as universal truth.

Pls speak to a stockbroker first. Thread.
Read 12 tweets
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Ayò Bánkólé
@AyoBankole
Madam Oby.

My position was that her candidacy was political utopianism.Her stepping down has proved me right.

Nig is a 2party dominant democracy, a copy of the US model,where the 2major parties have the only chance of winning presidential elections, except a mass movt.

Thread
Oby Ezeks has been a convenient choice for thriving businessmen/private sector professionals who may have exposures to govt& will rather remain non-partisan to avoid being blacklisted,but yet are too conscious to be neutral.

Her exit will mean these groups will find a new bride.
Most likely a Moghalu - another utopianist candidate, but a better one for me.

Because he represents a 3rd force more than Madam Oby, who obviously was an integral part of the OBJ govt; & yet criticised @atiku for being a part of the same govt. For me, it was double speak.
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Market cap is by definition the aggregate market value of a company, computed by multiplying price times total number of shares *outstanding*.

Monetary base is the sum of currency in circulation and bank reserves held at the central bank.
Crypto market cap does not typically include the total number of coins outstanding. It excludes escrowed coins.

Putting coins in escrow to reduce coins in circulation is a gimmick to temporarily pump the price of a coin.
Escrowed coins are comparable to closely held shares for stocks (if using market cap) or excess reserves for money (if using monetary base).

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1/ The country’s profile got bleaker this week for a host of reasons - impetuous regulatory behaviour, refugees left out in the cold, a needless rise in public recurrent spending and an unshackled rogue police squad.
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@GOP "There was one problem: GOP tax plan included no guarantees for workers. If companies wanted to lay off thousands of employees, “tax reform” allowed them to do it. Or companies could pocket the money and boost their stock price. They could also simply offshore the jobs to Asia."
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