Check out my latest article: Walled Gardens & Broken Bricks: The Growing Cost of Shielding Nigeria’s Cement Giants https://t.co/eHyOa0qmKc via @LinkedIn
₦500k in Champion Brewries in January would now be worth approximately ₦1.42 million.
That’s a profit of about ₦917,700 in just 7 months — without dividends calculated.
This stock is still relatively low - selling at about ₦11 per share today.
This time last year, Champion Brewries was ₦386 million in the red. Today, they’ve made more than ₦2 billion in profit and they’re only halfway through the year. That’s a 692% jump year-on-year.
Unlike most Nigerian companies, they have zero debt.
they paid off all their loans last year.
@AyomikunOK This is a simple example.
The face value is what you get at maturity. If you tell the institution that you want to buy N1m treasury bills, they would assume face value of N1m. So they will deduct only N800k.
The remaining 200k is what people call interest paid upfront.
Have you seen our new billboard? It’s more than just an ad—it’s a story about who we are and what we stand for. 🌍✨
Read our latest blog post to discover the heart and vision driving this campaign.
https://t.co/P4uqmxQDU7
Dearest friends and well-wishers, I'm super excited to announce Rooms and Roundtables, my latest initiative for leadership, innovation and development experiences.
This is for young, brilliant, results-oriented individual creating change and impact across any sector.
Rooms and Roundtables is designed to give you access to people, places and platforms that will turn your potential into substance. You will get the opportunity to sit in rooms with inspiring personalities who have grown through the ranks of their career, business and life. You would also pay visits to top institutions that have stood the test of time and learn from them.
This initiative will include the following:
✅ Modelling Visits
✅ Learning Experience Visits
✅ Inspirational Tours
✅ Virtual Sit-Outs
✅ Opportunity to collaborate with other changemakers like you.
First edition: 25th October, 2024
With: Solomon Ayodele, Head of Innovation, Wema Bank
Successful applicants will get to sit in the same room with him, glean from his wisdom, learn about Wema Bank's growth and technology initiatives and ask any questions they have.
This is FREE but application is compulsory and successful applicants will be contacted. Only 15 slots available.
Apply now: https://t.co/R9MNqXo4i0
Please RT.
What do you know about crypto currency, airdrops etc? Have you made money? Can you make money from them? Is it legal tender in Nigeria today?
Save the date because all your questions will be answered here on Friday⏳
https://t.co/l42Lb4qD5v
I've been nominated for the Emerging Finance Leader Award!
Now, I need your help to seal the deal!
Please take a minute to vote for me:
Name: *Philip Bakare*
Award: *Emerging Finance Leader*
Link: https://t.co/gkn9u5ecuv
Thanks for your support!
Five simple steps! 👌
That's all it takes for you to become a Fidelity Bank shareholder.
Ready to own a slice?
Visit https://t.co/fgifj8r1XA now!
#Afrinvest#BuyFidelityShares#BetterThanASlice
Exciting news!
Fidelity Bank is giving you the chance to become a shareholder.
With as little as N9,750, you can buy 1000 ordinary shares and take advantage of this amazing investment opportunity.
Visit https://t.co/LNSPQ5abU0 to get started now!
#Afrinvest#AfrinvestCapital
#AfrinvestSecurities
#BuyFidelityShares
#BetterThanASlice
This has been cooking for so long, so I am beyond excited to share Lola with you all.
Meet Lola AI by @healthtracka
Lola AI is your menstrual health bestie - She is your AI period tracker on WhatsApp, she is your girlfriend with all the cool tips about your menstrual health
Some of you founders will go & raise funds at FOOLISHHHH valuations, then when pressure starts, you'll be driving slave ship and micromanaging everything trying to force PMF that's not there- then come back & blame "growth marketers" that you dont listen to & are paying peanuts.
Wherever you are in your journey to wealth creation and financial freedom, we have the experience and expertise to take you to the next level.
Join us, and let’s build wealth together!
Afrinvest - Simplifying Investments….Creating Wealth.
#Afrinvest
MPC DECISIONS:
•Raise MPR by 200bps to 24.75%.
•Change the asymmetric corridor from +100/-700 t0 +100/-300 around the MPR.
•Retain the CRR of Commercial banks at 45.00%
•Adjust the CRR of Merchant banks from 10% to 14%.
•Hold the liquidity ratio constant at 30.00%.