A Nigerian university drop-out says he is now earning between £20,000 and £30,000 on a bad month as a self taught stockbroker.

Elijah Oyefeso, 21, from Camberwell, London, says he trades on the stock market for just one hour a day to earn his income. He lives in a £5,000-a-month flat and his weakness is super cars, with his most recent purchase a £125,000 Mercedes GTS.

Elijah went to the University of Buckingham to study business management but put his student loan to good use. 

He said: 'I used my student loan during university and I thought "I could actually do this".
Elijah dropped out of university and started investing in the stock market with the cash sum. Within nine months, he claimed he was making tens of thousands of pounds.

He claims his income on a 'bad month' will be between £20,000 and £30,000, while it can be over £40,000 more on a good month. 

Elijah, who featured in Channel 4's Rich Kids Go Shopping on Channel 4, was filmed as he traded online, making £1,000 in just 15 minutes.

'I've been trading for three years, I know when to stop,' he said.  The most he's lost in one go is nearly £10,000. 'When you lose it, you get back up. If you lose 12 times, you get back up 12 times.