ANIMASHAUN SHERIFAT

Listen to Okonkwo, John M., our Executive Director Finance, Risk, and Compliance at VFD Group as he shares his investment philosophy. What guides your investment decisions? Kindly share with us. #VFDGroup #HumansofVFD #FinancialExcellence #RiskManagement #Compliance

81

2 Comments

Listen to Okonkwo, John M., our Executive Director Finance, Risk, and Compliance at VFD Group as he shares his investment philosophy. What guides your investment decisions? Kindly share with us. #VFDGroup #HumansofVFD #FinancialExcellence #RiskManagement #Compliance

12

#FortressMarketRecap The Nigerian Equities market wrapped up yesterday’s trading session with a bearish sentiment with the All-Share Index losing 9 basis point to settle at 99,217.60 points. The performance can be attributed to sell-offs in stocks such as OANDO (-9.75%), ZENITHBANK (-1.81%), UBA (-1.14%), and ACCESSCORP (-0.27%). Consequently, the ASI YTD depreciated to 32.69% whilst market cap decreased to N56.13 trillion. Market activity saw a total traded volume of 362 million units, valued at N6.163 billion across 8,403 deals. TRANSCORP topped the volume charts with 47.5m units (13.12% of total volume traded) and GTCO topped the value chart with N13.452 billion (26.72% of total value transacted). OKOMUOIL was the top performer with a notable 10.00% gain, closing at N291.50 while OANDO led the laggards with a 9.75% decline, closing at 12.50. Sectorial Performance was bearish. With the exception of the growth recorded in the Industrial (+0.17%) index, The Banking (-0.41%), Insurance (-0.81%) and Consumer goods (-0.47%) indices recorded a decline. However, the Oil & gas index closed flat. #FortressCapital #NigerianEquities #StockMarket

1

We are thrilled to announce the launch of the first-ever Cordros Wealth Report! This comprehensive guide is packed with insights from various industry experts on building wealth, cutting-edge wealth management strategies, emerging opportunities, and promising growth sectors within the Nigerian financial landscape. To download the report, click the link below! https://bit.ly/TheCWR2024 #CordrosWealthReport #WealthManagement #FinancialLiteracy #Nigeria #Investment #Economy

16

📚📚PANEL SESSION ONE📚📚 Topic: The Nigerian Economy: Tackling Inflation and Currency Volatility Our expert panelists will delve into the challenges of inflation and currency volatility, sharing insights and solutions for stabilizing the economy and driving growth. Don't miss out on this opportunity to engage with industry leaders and policymakers as we work towards a stronger, more resilient Nigerian economy. Register now and be a part of the conversation! https://lnkd.in/dtX2NNQ9 

10

Maximizing market opportunities begins with understanding the investment landscape and the appetite of prospective and existing investors. To this end, Luke Ofojebe, our Head of Research and Portfolio Management at Zedcrest Wealth, will be discussing "Investors' appetite in Nigeria's investment classes" on CNBC Africa today. Tune in at 2:30 pm to join the conversation.  #Zedcrest #ZedcrestxCNBC

13

#FortressMarketRecap The Nigerian Equities market on Friday wrapped up the last trading session of the week on a positive note, with the All-Share Index adding 1 basis point to settle at 98,176.76 points. Notable price appreciations in stocks like ACCESSCORP, FBNH, STANBIC, and FIDELITY countered losses in ZENITHBANK, GTCO, NESTLE, and NB. Consequently, the ASI year-to-date appreciated to 31.30%, with investor wealth increasing to N55.52 trillion. Market metrics revealed a total traded volume of 265 million units valued at N5 billion in 6,469 deals, with UBA leading both volume and value charts. Highlight performances include NGXGROUP with a remarkable 10.00% gain, while SOVRENINS led the laggards with a 10.00% decline. Sectorial performance saw declines in the Insurance, Consumer goods, and Industrial indices, with only the Banking index recording growth, while the Oil & gas index closed flat. #FortressCapital #NigerianEquities #StockMarket

2

In July 2023, the Bank of Ghana (BoG) Monetary Policy Committee (MPC) raised its interest rates to 30% to help drop its inflation from 43%. The BoG kept the rates constant for about five months, helping to drive down inflation to about 23.2% in Dec 2023. Yesterday, headline inflation for July eased to about 20.90%, the lowest since March 2022 (19.40%). This reduction was attributed to a decline in the prices of food. July’s deflation result is a continuation of a slowdown in the country’s inflation rate. Get more details 👉 https://lnkd.in/d5EzXRu8 

1

#FortressMarketRecap Yesterday, the Nigerian Equities market kicked off the week on a bearish note, with the All-Share Index dropping by 52 basis points to settle at 101,778.47 points. Price depreciation in stocks like GTCO, TRANSCORP, and UBA contributed to this performance, leading to a year-to-date depreciation of 36.12% and a decrease in market capitalization to N57.56 trillion. Key market metrics included a total traded volume of 327 million units valued at N7.171 billion across 10,827 deals. UBA led the volume chart, while MTNN topped the value chart. UPDC emerged as the top performer with a notable 10.00% gain, while FIDELITYBK led the laggards with a 10.00% decline. Sector-wise, the Banking, Insurance, Consumer goods, and Industrial indices witnessed declines, while the Oil & Gas sector closed flat. #NigerianEquities #MarketUpdate #FortressCapital

1

Find insights from our Fixed Income and Currency Update for the week ending May 3, 2024. GHANA: PRIMARY MARKET GoG treasury bill yields fell, and the latest auction oversubscribed, sufficient to cover maturing debts. 📈 91-day bill🔻10bps to 25.45%. 📈182-day bill🔻25bps to settle at 27.40%. 📈 364-day bill🔻25bps at 28.0%. With a sum maturing size of GH¢3.46 billion due across the 91-to-364-day bill next week, the treasury plans to raise GH¢3.68 billion this week. AFRICA EUROBONDS The Fed's policy rate hold decision failed to dampen sentiment in the SSA Eurbond market last week... AFRICA ECONOMIES Kenya’s inflation rate dropped to 5% y/y in Apr-2024 from 5.70% y/y in Mar-2024 as food and energy prices eased... Uganda’s annual inflation rate eased for the second month to 3.2% y/y in Apr-2024, from 3.3% y/y in the previous month... We hope you find this content insightful. Please like, comment, and share. To directly receive our weekly market update, send us an email via [email protected] #ghana #economics #bondmarkets #yields #inflation #interestrates  #investement #cedi #dollar #oilprices #economies #fixedincome #ivorycoast #zambia #currency #fxmarkets #apakanresearch #africa #treasurybills #apakansecurities #2024outlook #kenya #uganda #bonds #yields

3

Weekly Recap Here's our Economic and Weekly recap for the week that ended on 27th September, 2024 #investing #finance #economy #sectors #nigeria

3

Find insights from our Fixed Income and Currency Update for the week ending May 24, 2024. GHANA: PRIMARY MARKET The GoG treasury failed to meet its auction target last week, accepting all bills tendered to cover refinancing needs. 📈 91-day bill unchanged at 25.10%. 📈182-day bill unchanged at 26.95%. 📈 364-day bill unchanged at 27.95%. With a maturity size of GH¢2.56 billion due between the 91 and 182-day bills next week, the treasury intends to raise GH¢2.72 billion across all the tenors this week AFRICA EUROBONDS The hawkish tone from the FOMC meeting minutes negatively impacted market sentiment last week... AFRICA ECONOMIES Nigeria’s Central Bank lifted its key monetary policy rate by 150 bps to a new record high of 26.25% in May-2024, following 200 bps increases in Feb-2024 and Mar-2024... South Africa’s annual inflation rate eased for the second consecutive month to a four-month low of 5.2% y/y in Apr-2024, down from 5.3% y/y in Mar-2024... We hope you find this content insightful. Please like, comment, and share. To directly receive our weekly market update, send us an email via [email protected] #ghana #economics #bondmarkets #yields #inflation #interestrates  #investement #cedi #dollar #oilprices #economies #fixedincome #southafrica #ivorycoast #zambia #currency #fxmarkets #apakanresearch #apakansecurities #2024outlook #kenya #uganda #ghana #bonds #yields

4