A finance enthusiast? Especially in the investment management world (asset management - including fund management, pension funds, sovereign wealth funds, family offices; private equity; venture capital; and hedge funds)...
... I have this very beautiful Youtube channel for you: https://t.co/eBzXramht2
Spend some time there and you'd get tons of bars.
The person behind it is the Chief Investment Officer of one of the largest sovereign wealth funds in the world.
Check it out, and thank me later.🤞🤞
AFC was established in 2007, and its growth has been impressive. In FY 2024, it reached a milestone by generating $1bn in gross earnings for the first time since its establishment 17 years ago.
PAT stood at $425mm. That cost-to-income ratio (CIR) is insane.
#OneIFRSperweek
In 2024, I and a couple of good hands here including @Tomi_Tomero embarked on a project. It was to break down and post about one IFRS per week and we delivered for 48 weeks!
The tweet below was the first week. The following week quotes the previous one so it’s easy to follow up till the end. It’s a minefield of resource just lying there for your use.
Building your career in finance, accounting or data? Here are some free resources to help you learn👇🏼
1. Financial modelling:
https://t.co/O2gmHXs8j1
2. Accounting:
https://t.co/eK4tyGRfGe
3. Power BI:
https://t.co/sW2BHBPDJf
4. SQL:
https://t.co/HgNG9xO5qM
5. Portfolio building:
https://t.co/HLNq52T10w
We’re starting the IAS & IFRS weekly series tomorrow.
The standards have been grouped under themes, so they’re easier to follow, not in number order.
Save the timetable. Week 1 → IAS 1.
#IFRS#IAS#Accounting
If you enjoy stories about small businesses, how they started, the problems they faced, and how they eventually found their footing, you may want to spend some time on CNBC Make It’s YouTube channel.
They profile founders across different industries and unpack the journeys behind the businesses they have built.
Most of the businesses featured are based in North America, so the context may not always translate directly to Nigeria. But the stories, business lessons, and insights into how entrepreneurs think and build are really good.
Definitely worth checking out.
https://t.co/29sZdf2qG5
**Why is this not viral.** 🙌🏽
Pastors are no longer buying private jets. 👀😂
Pastor Adeboye's Redeemed Christian Church of God #RCCG has brought #ROBOTICSURGERY to Nigeria through Redeemer’s Health Village.
Two robotic surgery systems have been acquired—one for clinical procedures and another for training Nigerian medical professionals.
Specialties include:
• Urology
• General Surgery
• Gynaecology
• Colorectal
• Thoracic
• Hepatobiliary Surgery
RHV is also establishing a **Robotic Academy**, with training expected to begin in October.
According to RHV’s CEO, some procedures could cost about **5% of what patients may pay in the US or Europe.**
#RCCG #RCCGWorldwide #PastorEAAdeboye #RoboticSurgery #Healthcare #Technology
#Copied
I have learnt more about people from some fictional characters than from entire self-help books.
A good novel gives you context. You see what people say, what they hide, what drives them and how one decision can shape an entire life.
Ten classics I would recommend:
1. Things Fall Apart by Chinua Achebe
2. The Joys of Motherhood by Buchi Emecheta
3. Pride and Prejudice by Jane Austen
4. Crime and Punishment by Fyodor Dostoevsky
5. The Remains of the Day by Kazuo Ishiguro
6. To Kill a Mockingbird by Harper Lee
7. The Great Gatsby by F. Scott Fitzgerald
8. East of Eden by John Steinbeck
9. Beloved by Toni Morrison
10. Anna Karenina by Leo Tolstoy
You may not agree with every character, but you will understand people a little better.
This is a very good starting point. To make it practical for a complete beginner, here is exactly what to do.
Go to the company’s official website or NGX filings and download its last three audited annual reports. Write down these five numbers for each year.
1. Revenue. The total money made from sales.
2. Profit after tax. What remains after expenses and taxes.
3 Operating cash flow. The actual cash generated by the business.
4. Borrowings. The money the company owes lenders.
5. Dividend per share. What each shareholder received.
Compare the numbers across the three years. You want sales, profit and cash flow generally improving. You also want debt under control and dividends supported by the cash the business generates.
After that, check whether the share price is reasonable compared with the company’s earnings and similar businesses.
Three years will not tell you everything, but it gives you a far better basis for making an informed decision.
🚨 New Publication Alert...
Our latest Policy Memo posits that the co-existence of local self-sufficiency and high prices of cement in Nigeria arises from failure of competition, not cost structure; and is at the expense of consumers and the country.
https://t.co/rwVkcwb67j
Progress update:
All my alpha don wipe comot 😩😩😪😪😭😭.
That is what happens when Airtel Africa rallies, rigs the market, and you are not in there. Same with First HoldCo.
And then Fidson and TIP had the guts to come down
Hoping that some wildcards will come through. I am counting on you, Stanbic IBTC.
MTNN, I am giving you side-eye. Cadbury, can you try to be sane for me as well?
We move, anyway.