Value Nigeria with Ajibola

On the podcast this week, we chat with Mr. Adebayo Adebanjo (Senior Analyst/ Portfolio Manager, CardinalStone Securities) about the listed Cement manufacturers on the stock exchange.

We examine the bull and bear cases for that industry and how Dangote Cement has been able to generate enviable returns & market share in that sector.

He also shares insights on the other players, Bua Cement and Lafarge Africa such as how they are trying to close the gap with the industry leader.

We hope this episode sparks the interest of retail investors in this very crucial sector of both the economy and the stock market.

Thanks for listening.

On this episode, we bring back Mr Okwudili Egwu (Senior Vice President, Cowry Asset Management Limited), who previously appeared on the podcast in Episode 46, for a masterclass discussion on fixed income investing in Nigeria.

He explains why inflation rose so high (31% at present) and why CBN needed to raise interests rate this high (22.5% at present and possibly going higher in a few days). He also, in details, explains the various fixed income instruments available and how to buy them.

With the high interest rates at present, investors must learn how to make hay while the sun shines by adding this investment class to their portfolio. Listening to this episode will get them one step closer to this.

Thanks for listening and sharing. All feedback welcome via valuenigeriawithajibola@yahoo.com

Happy New Year!

Our guest on the first episode of the podcast in 2024 is Mr. Atiku Audu (Head, Investment management of one of the leading pension fund managers in Nigeria).

He shares the journey of his transition from engineering to finance. He also speaks about how to Live to fight another day despite all the curve balls and sucker punches the market can throw your way.

Investors will do themselves a lot of good by listening to and taking heed to the timeless advice Mr Audu shares in the course of this conversation.

Thanks for listening and sharing!

As a sequel to episode 69, we chat with Mr Damilare Asimiyu (Head, Investment Research, Afrinvest West Africa) once again about the changing landscape in the brewing industry.

He passionately describes an investment thesis that showcases both the vast opportunities and the headwinds facing the industry at present.

We also discuss how 2022 was a breakout year for the brewers and how 2023 has proven to be a different kettle of fish. He also advices the retail investors on how to strategically profit from the brewers in this season.

After a brief hiatus, we are back on the podcast with this conversation with Mr. Arnold Dublin-Green (Chief Investment Officer, Cordros Asset Management).

We discuss the trends that led to the decade where fixed income outperforming equities, equities staging a comeback at present and possible future changes in the balance between fixed income vs Equities investing.

He describes how he would structure his personal portfolio should he be in the shoes of retail investors and which sector/ industry stands to benefit from these changes.

This was an exciting conversation which I thoroughly enjoyed and hope retail investors learn as much as I did from it.

Thanks.

In this episode, an industry giant, in the person of Alhaji Kasimu Garba Kurfi (MD/ CEO, APT securities limited), graces the podcast.

We discuss his humble introduction to the world of investing, how he and his team has grown the company into the behemoth that it has become, how this can be replicated by others and what retail investors need to know/ do to navigate the markets profitably.

We hope that retail investors and institutional investors/ organisations glean from the timeless wisdom shared in this episode to improve their investing and grow their organisations respectively.

Thanks for listening and sharing. Special thanks to all our listeners that sent in questions.

Are there opportunities to support and profit from the Agricultural sector in Nigeria without actually needing to set foot in a farm?

This week on the podcast, we chat with Mr Stephen Taiwo (Investment Analyst, AFEX) and Mr Friday Okwori (Wealth Manager, AFEX). Our conversation ranges from the agricultural value chain in Nigeria, production and storage of grains, why investors need to include agricultural commodities in their portfolio and how AFEX, via their ComX platform, facilitates all the above. We also discuss the risks in trading agricultural commodities.

We hope this conversation enlightens retail investors about the opportunities in the agricultural commodities space.

Mr Fisayo Durojaye spent over 6 years in various roles in traditional finance such as research analyst at firms such as CAO Partners and Afrinvest West Africa before branching out into venture capital and early stage investing.

On the podcast today, he shares the journey of his entrance into finance and transition into venture capital. He also gives valuable insight into the world of venture and skills investors will need to survive in that space such as a long term view and ability to take losses. Most importantly, he speaks openly about how retail investors interested in venture capital investing can access deals in that space.

I hope our conversation debunks the myth that there is easy money to be made in venture. Enjoy the conversation.

This week on the podcast, we chat with Mr Tope Omosuyi (Investment strategist and portfolio manager, Afrinvest West Africa) about Interest rates, Monetary Policy Rate (MPR) and everything that goes along with it.

Our guest is passionate about investment education and he brings this passion to bear throughout the conversation. Key terms such as the asymmetric corridor, cash reserve requirement and liquidity ratio were also clearly explained by him. I thoroughly enjoyed this conversation as it helped me understand these key economic terms.

You can reach out to our guest on Twitter via @Tope_Omosuyi and on LinkedIn by searching for Omosuyi Temitope.

Thanks for listening.

This week on the podcast, our guest is Mr Abdullateef Grillo (Investment Research Associate, Meristem Nigeria). We discuss the telecommunication sector in Nigeria and its listed players - MTN Nigeria and Airtel Africa. We discuss how far the industry has come and the future prospects.

We discuss the importance of data vs voice, entrance of competition in the form of Elon Musks Starlink, mobile money/ Payment service bank licence and specific factors affecting each individual company.

I hope you find the conversation as enlightening as I did.

Thanks for listening.

The National Bureau of Statistics (NBS) just released the inflation rate in Nigeria for March 2023 and it reveals a rate of 22.04%.

What exactly is inflation? What factors influence it? How is it calculated? How does it correlate with interest rates? What is Real Returns and is this really attainable for the retail investor? What are the dangers in trying to earn a rate of return higher than the inflation rate in the short term?

All these and more questions are answered expertly and eloquently by our guest on the podcast in this episode, Mr Robert Omotunde (Chief Investment Officer, Afrinvest West Africa).

What a Masterclass this discussion proved to be!

Thanks for listening!

Team lead, Investment Research, WSTC Asset Management and Chief Investment Officer, Iris Fund - Mr Abdulrauf Bello, is our guest on the podcast in this episode. We discuss why performing an in-depth research on an asset before committing funds to it is very important. He also walks us through his process and pertinent questions you have to answer while researching a company.

He sheds some light on how to find ideas worth investigations, sources of data for the Nigerian Market and common mistakes retail investors make/ how to overcome them.

This episode contains investing wisdom gathered over many years of practice and it is a privilege to have had our guest on the show.

Hope you enjoy it as much as we did.

On the podcast this week, we have a detailed conversation with Mr Ismail Rufai (Head, Financial & Shari'ah advisory, One17 Capital Limited) about all things Islamic Finance.

He educates us on what Islamic finance is, its origin/ evolution in the Nigerian Market, what Sukuk bonds are & what makes them different from regular bonds, other less common but equally acceptable investment vehicles that adhere to the principles of Islamic finance, ESG and why Islamic finance is for everyone (not just Muslims). 

This was an exciting conversation for me and i hope you find it so too. Kindly share with all your friends and contacts.

NB: Apologies for the poor audio in the first 10 minutes of the conversation.

This week on the podcast, we look at the major macroeconomic trends that set the pace in 2022 and review the events that are likely to impact, positively or negatively, on 2023. Our guest, Mr Olaolu Boboye, is a well renowned macroeconomist and is the head of the Macroeconomic, fixed income & sovereign credit research/ strategy team at CardinalStone Partners Limited.

Events such as the war in Ukraine, the coming general elections in Nigeria, whether the frontline presidential candidates have pro-market policies or not and subsidy on petroleum.

We hope it is as eye opening for you as it was for us.

Thanks for listening.

Our pension plan and retirement is not a theme we readily think about daily. Your Retirement Savings Account (RSA) is however an indispensable tool in wealth building.

Today, we chat with Mr. Oluwaseyi Olusanya, CFA who is a Fund Manager with Stanbic IBTC about the importance of your pension, changes in the industry, harnessing your RSA for wealth building and Voluntary contributions into your RSA.

I sincerely learnt a lot from the conversation and I hope you do as well.

Thanks for listening. You can send us your feedback through your podcast platform or via email (valuenigeriawithajibola@yahoo.com).

Seasons Greetings!

This week, we chat with Mr. Michael Nwakalor, CFA. He is a finance professional that works with a value investing focused Asset management company in the Nigerian Space.

We discuss the concept of value investing, why he believes in it, causes of mispricing, identifying mispricing, cognitive bias that affect your investing results and why patience is probably the most important trait retail investors should possess.

I thoroughly enjoyed this conversation with this exceptionally knowledgeable guest. I hope you enjoy it too.

Thanks for listening.

Mr Nosakhare Ugiagbe CFA (Senior Manager, Corporate Financial Strategy, Binance) is our guest on this episode of the podcast. We discuss lessons he learnt from adversity, the basic foundations for successful investing, how the Nigerian Economy can grow and why the average retail investor may be better served by index/ ETF investing rather than individual stock picking.

I had a lot of fun recording this episode and I hope it improves your investing practice in more ways than one.

Thanks for listening.

You can visit his website to read his articles or listen to his podcast: www.nosaugiagbe.com 

Mrs. Ololade Olayanju CFA, Author of "The Debt Code" and Relationship Manager, WSTC Financial Services Limited, is our guest on the podcast on this new episode.

We talk through her career switch from banking into core finance, lessons she has learnt along the way, why she wrote a book on debt and how to break free from the vicious cycle of being chronically in debt.

This new episode is invaluable for every retail investor keen on building wealth and avoiding common pitfalls along the way.

Thanks for listening.

This week, we chat with Mr. Eric Akinduro (Chief Risk Officer, Kinley Securities & Chairman, Ibadan Zone Shareholders Association) about the role shareholder associations play, how they influence change in companies and benefits retail investors enjoy when they join a shareholder association.

We also examine Activist investing/ forceful implementation of change, if the Nigerian investing landscape is ready for such moves and how best such changes can be birthed.

I hope you find our conversation educative and helpful.

Thanks for listening.

NB: You can reach the Ibadan Zone Shareholders Association by searching for their page on Facebook with the handle "Ibadan Zone Shareholders Association".

This week, we have a master-class worthy discussion with Praise Ihansekhien (Deputy Team Lead, Reserch, Meristem Nigeria) on the listed Flour millers on the Nigerian Exchange.

Our chat covers present trends in the industry and results coming out of Flour Mills of Nigeria are quite different from those coming from Bua Foods. We also touch on strategies retail investors can employ to invest profitably in that sub-sector of the market.

I thoroughly enjoyed this conversation and I am sure you will too.

Thanks for listening.

This week, we have a masterclass discussion themed "Understanding Risk" with Mr. Caleb Fowowe (ALM Risk Analyst, Universities Superannuation Scheme LTD, UK).

We talk about what risk is, how we all deal with risk daily in our daily lives and how the retail investors can analyse/ mitigate risk in their investing practice.

Our guest freely gives insightful advice and the retail investor will hugely benefit from paying close attention & follow his advice.

Thanks for listening.

NB: You can send your feedback to valuenigeriawithajibola@yahoo.com

If I get a dollar for each time I hear the question, "How do I start Investing?", I will be a millionaire in no time at all.

This week, we go back to the drawing board with Mr. Victor Onyema (Portfolio Manager, Norrenberger Financial group) and discuss what investing is, why it is important, how to open a stockbroking, how to choose which company to buy and what the retail investor can do if they do not have the time to research/ monitor their investments.

I hope beginners in investing will find answers to salient questions in this episode.

Thanks for Listening!

Investors have had mixed feelings investing in the breweries over the last 5 years as revenues, earnings and share prices have all taken a big plunge with attempts at recovery seen in the last 2 years.

What caused the huge decline and recovery? Are we out of the woods just yet?

All these and more are answered in this weeks episode of the podcast as we chat with Ms. Juliana Ogunkoya (Equity Research Analyst, Meristem Nigeria). I hope you pick up a few nuggets that improve your practice/ understanding of that subsector as you listen.

Thanks.

This week, we have an inspiring conversation with Mr Yinka Adetuberu (Investment Banking/ Equity Research Analyst, Norrenberger) about his journey from being a First class graduate of Physics to becoming a top rated Finance/ Investment professional. He shares the highs and lows of his transformation and why everyone should dare to pursue their dreams.

Beyond this, he reviews the macroeconomic highlights of first the half of 2022 and shares his thoughts on what investors should expect in H2 2022/ 2023. He also educates us on how to analyse/ research companies and characteristics of a good company.

Retail investors and aspiring finance professionals will do themselves a whole lot of good by listening to and learning from this industry expert.

Kindly send your questions or comments to valuenigeriawithajibola@yahoo.com

In this episode of Value Nigeria Podcast, We have a robust conversation with Mr Segun Aremu of United Capital Trustees (Authorised dealing clerk on the NGX, Associate member Chatered institute of stockbrokers of Nigeria, Nigerian institute of management, investment advisers and portfolio managers & chartered institute of bankers of Nigeria).

Our conversation convers why estate planning is important, tools of estate planning and advantages/ disadvantages of Wills vs Trusts.

I hope our conversation spurs you to take action on this important step in wealth building.

Kindly send your feedback and questions to valuenigeriawithajibola@yahoo.com

We are privileged to have our first female guest on the podcast this week in the person of Mrs. Bimbo Komolafe (Certified Financial Education Instructor, Fellow Chartered Institute of Bankers of Nigeria, Fellow of Institute of Chartered Accountants of Nigeria).

We talk about the basic building blocks of financial fitness - Earning, Saving and investing. Our chat highlights how to increase our earnings, strategies to improve our saving ability and tools to invest better.

You can follow our guest on various social media platforms:

YouTube: FinanceCoachBK.

Twitter: @FinancecoachBK.

Instagram: Financecoachtoday.

Facebook: Finance coach money and wealth.

Thanks for listening.

This week, we have an exciting chat with Mr David Alade, Senior consultant, EY, UK) about the why and how he approaches investing. We also chat about the habit of reading, life long learning and the art of writing.

You will see how simple habits such as reading can snowball into subtle or big changes that can transform your life.

Thanks for listening. You can send your feedback/ questions to valuenigeriawithajibola@yahoo.com.

You can follow David on Twitter (@DavidAlade_) or read his articles on his website: www.davidalade.com

We have a far reaching conversation with Mr Onome Ohwovoriole (Lead Analyst, Money Africa) about the disadvantages retail investors have, strategies to invest profitably (Active versus Passive approach), the impact of investing communities and benefits of FinTwittter.

You can follow Mr Ohwovoriole (@quansimodo) and Money Africa (@themoneyafrica) on Twitter.

Send your questions and feedback to valuenigeriawithajibola@yahoo.com.

Thanks for Listening.

Mr. Abdulazeez Kuranga (Macroeconomic strategist, Cordros Capital and Founder, Gifted Analysts) is our guest on this weeks episode of the podcast. We talk about why an understanding of the macroeconomic environment is important for retail investors, key metrics to look out for and how retail investors can possibly position themselves to earn handsome returns.

We also talk about his efforts at raising Future Financial/ Investment Analysts through Gifted Analyst Academy.

I enjoyed our conversation and I hope you do too. 

Thanks for listening.

This week, we have a far reaching conversation with an erudite scholar whose experience transcends the academia and extends into the corporate space. Our guest is Professor Uche Uwaleke (Department of accounting/ Banking & Finance, Nasarawa State University). We talk about how the capital market has evolved over the years, investment education, how retail investors can improve returns and the seeming dislocation in the yield curve (fixed income vs equities) in the Nigerian context.

Our conversation is truly enriching.

Thanks for listening.

Have you ever wondered what process professional investors follow when constructing their portfolios? Or thought of how this can be adapted for you as a retail investor?

Look no further. This week, we chat with Mr Robert Omotunde, Chief Investment Officer, Afrinvest LTD about asset allocation, portfolio construction, risk & its management, the newly launched Nigeria Infrastructure fund amongst many other things.

This was a riveting discussion and we hope you learn from it as much as we did.

Thanks for listening.

You can send your feedback or questions to valuenigeriawithajibola@yahoo.com

This week on the podcast, we have an engaging conversation with Mr Adeniyi Ajibola who is a retail investor and known on various investing forums as "Wanajo" about the impact of investing forums, how to use information gotten on such forums, what competition is, how it affects companies, Michael Porters 5 forces and how to evaluate the competitive advantage that companies may posses.

I hope you find our conversation as enlightening as I did.

You can send your feedback or questions to valuenigeriawithajibola@yahoo.com

If you have ever wanted a step by step guide in how to conduct an in-depth research into any company or its management, this episode of the podcast is for you!

Mr Ayorinde Akinloye (Investment Research Analyst, United Capital PLC) breaks down, into fine details, the 'how', 'why', 'where', 'when' and 'why not' of investment research. Listening to and learning from this episode of the podcast is highly detrimental to your ignorance in investing.

Thanks for listening...

Most of the investing decisions we make as investors are based on facts and figures from the financial statements. How can we determine if a financial statement is reliable? What are the key figures that we need to pay attention to? What is the importance of reading the Auditors Report in a financial statement?

On the Podcast this week, we chat with Mr Idris Ayinde (an Accounting Consultant and Manager with Ernst & Young UK) about all the above and much more. This episode is packed with nuggets every retail investor needs to improve their investing practice.

Thanks for listening.

Send your feedback and questions to valuenigeriawithajibola@yahoo.com

This week on the Podcast, we have an interesting conversation with Mr Damilare Ojo (Senior Analyst at Meristem Securities) about why doing your own due diligence (investment research) is important, factors to consider before investing in any company and simple steps retail investors can take to improve the results of their investing practice.

Listen, learn and share!

Send you questions and comments to valuenigeriawithajibola@yahoo.com

This week on the podcast, we have an insightful conversation with Mr Olumide Adesina (Macroeconomic expert, analyst and writer, Nairametrics) about the impact of psychology on investing returns, investing locally Vs internationally, his buy criteria (he mentioned them all through the conversation) and factors to consider as we invest in a rising interest rate environment. 

You do not want to miss this conversation!

NB: Apologies for the poor audio quality during some part of the conversation. Unfortunately, we suffered some technical challenges.

Send your feedback or questions to valuenigeriawithajibola@yahoo.com

It is no longer news that inflation figures are on the rise globally. The various apex banks globally have started raising/ are expected to raise interest rates to varying degrees. How will this hike in interest rate affect various asset classes? How will it affect foreign markets as compared with the local bourse? How should you, as a retail investor, construct your portfolio to ride the coming wave and not get crushed by it?

These and many other questions are answered in this episode of the podcast as we chat with Mr. Ayodeji Ebo (Head, Retail Investment, Chapel Hill Denham).

Listen, learn and share.

You can reach us via our email address: valuenigeriawithajibola@yahoo.com

Welcome to this landmark episode of this podcast. 

This week, We chat with Mr Solomon Ogene, a multi-asset portfolio manager about portfolio construction for the retail investor, pros/ cons of investing locally vs internationally and his buy criteria for companies he invests in.

I hope this episode was as enlightening for you as it was for me. Thanks for listening.

You can reach us via valuenigeriawithajibola@yahoo.com

This week on the podcast, we take an in-depth look at the Nigerian investing landscape and consider strategies a retail investor may employ to break even.

We also discuss the process in determining the intrinsic value of companies.

Thank you for listening.

How can we go from striving to thriving?

How can we transition from being rich to being wealthy?

What is the difference between being rich and being wealthy?

How can I live a better life using principle from investing?

These questions and much more are answered in this weeks episode of the podcast as we chat with Mr Etinosa Omoregie, Founder of Money Culture Investments and Co-founder, Bole King. 

Thanks for listening.

You can send your feedback and questions to valuenigeriawithajibola@yahoo.com

This week on the podcast, we chat with a seasoned investor with many years of experience in the market about practical ways to manage your emotions in investing, passing down financial knowledge to the next generation and his unique strategy to investing in the Nigerian Market.

To get access to his book, for a donation of any amount of your choice, click the link below or copy and paste it into your browser: 

https://thebootstrap.gumroad.com/l/vykov

You can send your questions, feedback or suggestions to valuenigeriawithajibola@yahoo.com.

Thank you.

With earning season fast approaching, every investor must be aware of four dates which they must bear in mind to get a dividend. These dates are the qualification date, date of closure of register, closure period of register and payment date for the dividend.

We explore all these dates in details and look at the inner workings of the stock exchange, Central Securities and clearing systems (CSCS), registrars and how they work seamlessly together.

We appreciate your feedback and questions. Please send them to valuenigeriawithajibola@yahoo.com

On this episode of the podcast, we chat with individual investor, Mr Peter Iyen (Nosa2) about investing in commodities (Gold), how to assess company management, how a reading culture can improve ones investing practice and some specific books that every investor should read (including one that every adult must read).

We hope you enjoy this informative episode.

You can send your feedback to valuenigeriawithajibola@yahoo.com

On this episode of the podcast, we have a wide reaching conversation with Mr Okwudili Egwu, Senior Vice President, Cowry Asset Management Limited about how to identify good companies, mistakes individual investors make and an in-depth exposition about investing in the various types of fixed income instruments.

I hope you enjoy the conversation as much as we did.

Send your feedback and comments to valuenigeriawithajibola@yahoo.com