Lady Who Bought Nigeran Bank Shares For N22k In 2007 Sells It For N20k 15 Years Later

A young Nigerian lady Gloria Ogo has sold the shares she bought more than decade ago without any appreciation on the value. She revealed in a Facebook post on Monday that the shares were bought for N22,300 in 2007, at a time decentralised digital currency, Bitcoin was valued at less than a dollar.

In 2022, which is 15 years later, she sold it for N20,000, meaning there was no significant return to show for the investment. The lady shared a receipt of the purchase of bank shares in 2007, adding that prior to the sale, she only managed to get N6k. Her words: “I bought Access Bank shares in 2007 for 22,300. “Sold it today, 15 years later, for 20k. “Nigeria really happened to my shares.”
Reacting,

Emiko Roy; How I wish, it was 23k Worth of BTC you bought in 2007

Joseph Nkeanyichukwu; Corruption happened to it

Engr Dennison DennIs; Imagine it in BTC

Chika Moses Chris-Achinihu; Same with me, mine even worse. Bought 2005 from a Bank. after it was acquired and made ordinary shares of 5 units as 1 units. My 50 units turned 10 units. Access acquired Intercontinental, and turned the 10 units to 2 units.

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Posted: at 26-04-2022 03:01 PM (3 years ago) | Addicted Hero

i'm sure you got some opportunity to sell at a higher price in the past... but u no do am

Posted: at 26-04-2022 03:45 PM (3 years ago) | Grande Master

Don’t buy shares I will advise. Bond is better. .l invested 1M in a company as in bond. Every quarter I get 6.25% interest  That’s 25% in a year. In a space of 8 yrs you made another 1M plus your capitalization.

Posted: at 26-04-2022 07:24 PM (3 years ago) | Gistmaniac

Posted: at 26-04-2022 11:15 PM (3 years ago) | Gistmaniac