Tony O. Elumelu, C.F.R

THUMBS UP! STL Asset Management launches mutual funds Speaking at the launch, the Managing Director of STL ASSET MANAGEMENT LIMITED, Ahmed Olaitan Banu, CFA, ACS, said “STL Asset Management is an Asset Fund and portfolio business. We intend to cover Nigerian and Sub-Saharan Africa to ensure that we empower generations of investments to achieve optimal financial goals by providing easy access to investment solutions in this digital age. “We all know that the world is becoming very technology-focused and our objective is to infuse both money and technology. As a business, our mission is to be the foremost or most preferred investment management firm in Sub-Saharan Africa for its competence and client focus. https://lnkd.in/d9D2-RkE OLUWASEUN MAGREOLA Ahmed Olaitan Banu, CFA, ACS Ahmed Olaitan Banu, CFA, ACS Sade Ademokunwa Simisola Ogunlade Adesola Aje John Otunla John Otunla Funmilayo Ekundayo

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Join us at The Colloquium 2024 happening at the University of Lagos tomorrow as our Chief Investment Officer, Arnold A. D. will be a panelist, discussing the technological innovations reshaping capital markets. He will be joined by leading figures in the Capital Market to provide valuable insights on current trends, challenges, and prospects. Please check the flyer for registration details. We hope to see you there.  #CapitalMarket #TheColloquium2024 #InvestmentInsights #Cordros #FinancialServices #AssetManagement

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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

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Launched! The first investment cycle of the Mnaara Income Strategy is now open. A trade finance fund, offering steady short-term returns secured by physical commodities, with flexible withdrawal options for easy access to funds. Click here to view offering: https://lnkd.in/dNdu8pVz *Capital at risk. For Accredited investors only. #PrivateFinancing #PrivateMarkets

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Edo State Governor, Mr. Godwin Obaseki, has announced the forthcoming launch of the second phase of the state’s Oil Palm Programme (ESOPP), earmarking an additional 47,000 hectares for allocation to new and prospective oil palm investors. Launched in 2019, ESOPP is an initiative spearheaded by the Obaseki-led administration to mitigate risks within the oil palm value chain by providing contiguous land to investors for sustainable production. Its objectives include job creation, livelihood improvement for project community members, and regeneration of the state’s forest belt. Addressing a meeting with the Chief Executive Officer (CEO) of the Roundtable on Sustainable Palm Oil (RSPO), Joseph ‘JD’ D’cruz, and other oil palm investors at the Government House in Benin City, Governor Obaseki highlighted ESOPP’s role in combating deforestation. He stated, ‘We are commencing ESOPP 2 and will launch it next month. Initially, we are dedicating 47,000 hectares. ESOPP 2 builds upon the lessons learned from ESOPP 1. Prospective investors for ESOPP 2 are welcome. Our program focuses on facilitating oil palm investments to mitigate risks, encouraging investors to conduct business in the state.’ Governor Obaseki emphasized ESOPP’s distinctive feature: ‘We emphasize ESOPP’s key advantage, utilizing oil palm for reforestation. Unlike conventional practices, our program does not involve tree felling. Instead, we utilize oil palm to restore deforested areas, thus contributing to environmental preservation.’ Highlighting the global significance of oil palm, he added, ‘Oil palm is renowned globally for its prolific edible fats. Many regions do not resort to deforestation for oil palm cultivation. Leveraging Edo’s natural oil palm abundance aligns with our strategic vision.’ Discussing his administration’s economic diversification efforts, Governor Obaseki noted, ‘We’ve fostered an enabling environment, streamlined processes, and cultivated markets to attract and sustain investments. Agriculture, particularly oil palm production, is pivotal to our economic diversification strategy.’ Mr. Rasheed Sarumi, CEO of Saro Group of Companies and Chairman of ESOPP Agro Allied Limited, commended the governor’s supportive business environment, emphasizing Edo as a transformative investment destination. Alhaji Fatai Afolabi, CEO of Foremost Development Services Limited, RSPO’s intermediary organization in Nigeria, lauded Edo’s leading position in oil palm production nationwide.

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Exciting News! IPMC has just concluded their ESG ratings for Banks and Insurance companies in Nigeria. Watch the opening speech by our Chairman, Robert Ade-Odiachi, as he underscores the critical importance of Environmental, Social, and Governance (ESG) standards in driving sustainable growth and responsible investment in the financial sector. 🌍💼 #ESG #Sustainability #Banking #Insurance #Nigeria #ipmcnigeria

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The Nigerian pension industry is increasingly embracing sustainability through the integration of Environmental, Social, and Governance (ESG) practices. With a growing focus on green investments, pension fund administrators (PFAs) are aligning their strategies with sustainable development goals, driving positive environmental impact while ensuring long-term financial growth. However, the journey toward a fully sustainable pension industry is not without challenges. This article explores the current state of ESG practices in the Nigerian pension industry, the role of green investments, and the necessary steps for a more robust regulatory framework to support these initiatives. Read the full article here 👇🏽 https://lnkd.in/drEsAACC

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