Research built for the market you’re actually investing in.
We track every company on the Nigerian Exchange, score each one every trading day, publish the method and the results in full, and teach investors — at home and in the diaspora — how to use them.
Evidence before capital
A Nigerian market where every investor — in Lagos or in London — can see the evidence before they commit their money.
Score it, publish it, teach it
Score every NGX-listed company every trading day, publish the method and the results in full, and help investors understand both.
Research, not tips
The same rules every day, the misses shown alongside the wins, and no conviction call on a stock you can’t actually trade.
From one investor’s problem to a daily discipline.
“Nigeria deserves better investment research.”
The Nigerian Exchange lists more than 164 companies across banking, industrials, consumer goods, real estate and more. It is one of Africa’s most dynamic markets — and one of the most analytically underserved.
For most investors managing their own portfolios or building family wealth, the research doesn’t match the opportunity. Coverage is sparse, inconsistent and often locked behind brokerage relationships. What exists usually tells you what already happened, not what the data says now.
MoloneyStreetRe began as a diaspora investor’s answer to that gap: a system to research Nigerian stocks from abroad with the same rules, applied the same way, every day. That system now runs every evening for every subscriber — not hot tips, not commentary dressed as analysis, but a systematic scoring of the whole market and the discipline to publish it.
Our market archive starts with the 2 January 2019 session — 1,938 official NGX sessions on file today.
The first weekly top-tier basket is formed. Every rebalance since is in the published track record — wins and losses.
A brief after every session and a research note every Friday — 87 briefs and 20 notes so far.
FTSE Russell reclassifies Nigeria as a Frontier Market from 21 September. Our Frontier hub scores every Nigerian constituent daily.
Weekly NGX trading data with market-demand analysis joins the daily scores across all 164 tracked stocks.
Every night, the engine re-reads the market
Each company is scored independently on three pillars. No discretion is applied after the scores are set — the MSRe Score is calculated, the tier is assigned and the result is published.
Is the stock cheap or expensive against its own sector?
Is the business sound — profitable, funded and converting profit to cash?
What is the price doing now — and is the market agreeing with the fundamentals?
Every stock page also shows Growth and Dividend scores. They complete the company’s profile but are not part of the MSRe Score or tier.
Liquidity first. A stock must trade at least ₦2 million a day on average before it is ranked. Below that it is marked Illiquid — we will not issue a conviction call on something you cannot actually buy or sell.
What we stand for
Scores, tiers and prices come from the data, and every claim can be checked. Language models help write the prose; any figure they use is checked against the data they were given, and a sentence that fails the check is not published.
The method is documented and the track record is public — every tier assignment and what happened next.
The same rules every day, whatever the score produces. No manual overrides once the model has run.
We explain why a stock scores the way it does, so you can judge the evidence for yourself.
Coverage that compounds
A snapshot of the platform today — recalculated every evening.
One engine behind everything
What moved, why, and what the model changed — after every session.
Every Friday: the scored universe, the top tier, the movers and a market read, with the data behind every call.
Scores, sectors and a 30-filter screener, rebuilt after every session.
One page per company: score history, pillars, peers, price chart and risk flags.
When a tier changes or a score shifts materially, a note is published that evening — not held for the weekly cycle.
110 guides, from a first share to building an NGX portfolio.
The founder
Yinka D. Balogun
Yinka is a data analytics professional whose career has been built around one consistent question: what does the data actually say, and can the decision survive scrutiny? That lens — shaped through over two decades in business intelligence, data analytics and data warehousing — is what drives MoloneyStreetRe.
Based in England and investing in Nigerian equities for over two decades, he ran into the same wall that most diaspora investors hit: a market with genuine opportunity and almost no systematic research infrastructure to navigate it. So he built the engine himself. The MSRe Score model, the nightly data pipeline, the tier framework — these came from his own portfolio management problem, not from a product roadmap.
He holds a Postgraduate Diploma in Datawarehousing & Data Mining from the University of Greenwich and runs Vine Edge Management Ltd, the Nigeria-registered vehicle through which he invests in the Nigerian stock market. The same methodology he publishes here is applied to his own positions.
Disclosure: the founder holds Nigerian equities through Vine Edge Management Ltd, which may include stocks covered here.
Transparency is part of the product.
Anyone can write analysis. The integrity of a system is tested by whether it shows you the misses as well as the wins — and whether the rules stay the same whatever the score produces.
Documented, and no manual overrides after scores are generated.
Every historical tier assignment and its outcome is published on the Signals track record.
Every note carries a methodology footer, with the scores and pillars shown alongside it.
NGX corporate announcements are collected and summarised, so material news doesn’t fall through the cracks.
Questions about us
Who is behind MoloneyStreetRe?
MoloneyStreetRe was founded by Yinka D. Balogun, a data analytics professional who has invested in Nigerian equities from the UK for over two decades. The research is produced by a deterministic scoring engine that runs every evening after the NGX closes.
Is MoloneyStreetRe investment advice?
No. We publish research and education. Tiers and scores are the output of a quantitative model applied to public data — not personal recommendations. Always check liquidity, prices and your own circumstances before you trade.
Where does your data come from?
Daily prices and trading data from the Nigerian Exchange, checked every night against the NGX’s official Daily Summary and Official List; company accounts and corporate disclosures; and NGX-relevant news from established Nigerian and international outlets.
Does anyone adjust the scores by hand?
No. Once the model has run, the MSRe Score is calculated, the tier is assigned and the result is published — there are no manual overrides. When the method changes, the change is documented.
Why the name MoloneyStreetRe?
Moloney Street on Lagos Island is where the city’s first banks, trading houses and merchant firms set up in the late 19th century — a street defined by considered decisions about where capital should go.
Does anyone at MoloneyStreetRe own the stocks you cover?
Disclosure: the founder holds Nigerian equities through Vine Edge Management Ltd, which may include stocks covered here. The scores are produced by the model and are not adjusted by hand.
Built for investors who believe patient, evidence-based investing compounds.
Not people chasing tips or overnight returns — people building real portfolios in Nigerian equities, whether a personal account, a family office or a professional mandate. If that’s you, you’re in the right place.