Victor Ogiemwonyi
Ogiemwonyi, a retired Investment Banker writes from Ikoyi, Lagos.
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in BusinessNigeria’s T+1 Settlement Reform and FTSE Russell’s Pushback
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow T+1 settlement refers to trade date plus one business day.If you buy or sell a stock on Monday, the transaction settles on Tuesday: money moves, and ownership is finalized. This reform reduces market and counterparty risk, improves efficiency, and aligns Nigeria with global […] More
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in BusinessThe Nigerian Stock Market Has Gradually Transitioned Into A World-Class Market
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow On June 1st, 2026, the Nigerian Exchange (NGX) implemented a T+1 settlement cycle, meaning all trades in our Stock market are now settled within 24 hours. This milestone came shortly after trading hours were extended from 9:30 a.m.–2:30 p.m. to 9:00 a.m.–4:00 p.m. […] More
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in BusinessCAN NGX TRADING COST BE LOWERED?
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Recently, a post on X platform, appealed for transaction cost to come down on the NGX, our Stock market Exchange trading platform. The writer appealed on behave of small retail investors who trade on NGX, saying trading cost are high and not encouraging […] More
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138 Views
in OpinionIn Memory Of Hon. Charles Idahosa OFR
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Charlie Temple, as we all fondly called him, was a warm and happy person, who made everyone around him, laugh. He was always making jokes. His friends loved to be around him. I first met Charlie Temple, in school many years ago. Even […] More
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134 Views
in BusinessWhen Will Reforms Come To Our Railways ?
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The recent holiday travel season in Nigeria has once again exposed the massive deficits in our transportation infrastructure. Currently, air travel is the only safe option where airports exist. However, airlines are exploiting this by gouging customers. There is no justification for a […] More
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91 Views
in OpinionFormalizing Our Informal Economy
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The informal sector of our economy is enormous and demands our attention. It employs the majority of our population and generates income that many rely on for survival. I recently read the “Moniepoint” report on the informal sector, in Nigeria and it was […] More
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107 Views
in BusinessThe Capital Gains Tax Debate
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow A debate is currently raging in the market over the recently imposed Capital Gains Tax (CGT) on the Nigerian stock market. Set to take effect in 2026 as part of the new Tax Act, many argue the tax is unwarranted at this time. […] More
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139 Views
in BusinessCBN’s Curious Move on FMDQ
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria (CBN) recently issued a notice, that from November, it will take over the platform for trading and conduct of Fixed Income and Government Securities. This business is currently handled by FMDQ (Financial Markets Dealers Association Quotations), a Securities […] More
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Accelerating “Light-Up” Nigeria
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In the past few days, the nation has once again been thrown into darkness due to another collapse of the national grid. This has become a consistent problem, underscoring the fact that the national grid is no longer fit for purpose. To accelerate […] More
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Developing Nigeria’s Electricity Markets
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The crux of the interview was that what Enugu State Regulators , have done , is what was envisaged in the new electricity law and uniform tariff throughout the country cannot be correct, because different entities have different cost structure. It got me […] More
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Nigeria’s N373Trillion GDP: A Restart For The Economy
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The rebased GDP should be a good foundation to build on. Whether we will be able to triple this GDP size, by 2030, growing at 3.13%, as in 2024, is a different kettle of fish. There is no harm in trying. I guess […] More
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What To Do with Our Electricity Distribution Companies (DISCOS)
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow At the end of 2013, the power sector in Nigeria was privatised. The Power Holding Company of Nigeria) was broken up into6 power Generating companies,12 Distribution Companies and a Transmission company, that the Government continues to hold. This unbundling of the Electricity sector […] More











