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Access Holdings 5-Year Strategy (2023–2027): Execution Progress & Valuation Gap

  Access Holdings PLC (Access Corporation) has been working with a rolling 5-year Strategic cycle Document clearly outlining their 5-year strategy and plans and how they intend to execute, which they publish to the investing public ahead of the next cycle. In 2023, under the leadership of the late Herbert Wigwe (the deceased Group Managing Director) they published their Strategic framework for 2023 to 2027 cycle and did an Investor presentation on it. Ever since they have continued to execute in line with their strategy, even after the unexpected demise of the Company's co-founder and then serving Group Managing Director, Herbert Wigwe. Although Access Corporation has been executing in line with their strategy, for some reasons investors have not really embraced that story as it has not reflected in their share price over the years. Their 2027 5-Year Strategy Document (2023 - 2027) has been available online, clearly outlining their expansion plan across Africa and beyond, but it ap...
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Passive Income Investment Options- Real Estate Investment Trusts (REITs)

  Many Africans grew up being introduced to real estate investing as the most popular form of investing. From Lagos to Nairobi, Johannesburg to Accra, the formula has always been the same:  get educated, get a job, buy land, build a house... rinse and repeat . For many Africans — including those in the diaspora — real estate feels safe, tangible, and reliable. So real estate investing is not strange to us and remains the most common form of investing in Africa. It is one of the reasons we publish articles educating our audience on various other forms of investing beyond real estate. Here are some of our previous articles where we outlined some passive income investment vehicles available for investors to take advantage of. Click on the links below to read.  Passive Income Investment Options- Dividend Paying Equity (Stocks) Passive Investing Options- Commercial Papers Passive Investing Options- Money Market Fund It is always a pleasure to see testimonials from readers who ...
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Commercial Paper Issuance: SUNBETH GLOBAL CONCEPTS LIMITED Series 1, 2, & 3

  Sunbeth Global Concepts Limited (“Sunbeth” or the “Company” or the “Issuer”) Opened Series 1, 2 & 3 Commercial Paper Issuance Worth Up to ₦100 Billion- Closes on the 5th of March. Sunbeth Global Concepts Limited  has commenced its Series 1, 2 & 3 Commercial Paper (CP) issuance, aiming to raise up to ₦100 billion as part of its ₦200 billion Commercial Paper Issuance Programme. Sunbeth is a leading global agro-commodities sourcing and trading platform that operates across key international markets. The Company was established in 2017 as a trading company focused on raw cocoa beans and cashew nuts. It originated from Sunny Owo Ventures, a cocoa-sourcing company with over 20 years of experience. Since inception, Sunbeth has sourced and exported over 200,000 metric tons of cocoa beans and 60,000 metric tons of cashew to the international markets, delivering strong revenue and profitability along the way. In 2025, the Company posted over N600 billion in revenue. The curren...
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Reinvest or Stagnate: Why Building Equity Is the Secret to Small Business Growth

  One of the banes of micro and small businesses in Nigeria — and by extension Africa — is what we are about to discuss in this article. It is one of the things responsible for keeping businesses stagnant and unable to expand and tap into opportunities for growth. It is one of the reasons why most micro and small businesses do not survive beyond their owners.  As we had noted in one of our previous articles on small businesses , "small businesses are the drivers of any economy. In our opinion they are the mainstay of capitalism / societal economic development, creating wealth while closing the employment gap in the society" . Therefore any society that wants to make significant progress and create jobs while reducing the unemployment gap must take the success of micro and small businesses seriously. Africa must create jobs for her burgeoning and teeming youthful population, and so must be interested in and deliberate (with all hands on deck) about ensuring that her m...
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Julius Berger PLC: 108% Profit Growth, Strategic Reset Analysis and the Real Test for Investors

  Julius Berger PLC, the Nigerian construction giant, released its 2025 interim result some weeks ago, and investors have welcomed it with positive sentiments so far, with the share price rising from ₦152 range mid-January to over ₦249 as at the time of publishing this article, an over 63% jump, hitting a market valuation of a little below ₦400 billion. Beyond the numbers which we will dissect in a bit, it reinforced learnings we had written about in one of our previous articles -  when you invest in a stock you are not just investing in a ticker symbol like a gambler, you are actually investing in fractional ownership of a company, and it behoves you to regularly check and keep abreast on the status of the company you have invested in to be sure that your investment thesis still stands true or otherwise, in order to determine your next line of actions- Buy, Hold, Sell . Check out the article here:  Before You Buy a Stock: What Every Retail Investor Must Understand 1 . Be...
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Custodian Investment PLC: Is Nigeria Building Its Own Berkshire Hathaway?

  "I just want to speak to our Investment yield... We are an investment company, we can draw our strategy around the quasi dividend paying institution and at the same time an investment institution. If we are not going to invest again and we freeze, we will give you (shareholders) all the dividends you want... We need to have at the back of our mind the fact that we also have to keep growing the institution by looking for investments and opportunities. If you look at our Balance sheet you won't find any borrowings anywhere, we don't borrow money. So it is either we go the way of complete expenditure and know that we are not buying companies again... or we prudently just find a way of making you (shareholders) happy and at the same time continue to expand the base of the organization. Berkshire Hathaway does not pay dividends, they only rely on value of the shares, and majority of the original shareholders are billionaires... So we could go that route and lock in and not pa...
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How Femi Otedola’s X (Twitter) Strategy Is Driving First Holdco’s Share Price and Investor Confidence

  NIGERIA: Mr Olufemi Otedola, the Group Chairman of First Holdco PLC seems to have adopted Elon Musk's style of transparent Investor communication with his recent use of X (formerly Twitter), communicating his thoughts about the company and its strategy directly to the investing public, more or less taking up the role of "Chief Investor Relations Officer" of the company, and taking the lead to explain and "sell" the company's strategy and activities to investors. With this move, he might just be connecting more with Millennial and Gen Z investors, getting them more interested in the First Holdco story and to invest in it, which could lead to a big pay day for him (through share price appreciation) when he eventually decides to divest or sell down his stake (if his investment antecedent is anything to go by- Forte Oil, Geregu PLC). Already, looking at some of the replies to his tweets shows that these generations of investors are progressively showing intere...
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Austin Avuru (Seplat Co-Founder): Lessons on Personal Finance, Entrepreneurship and Investments

Austin Avuru, Nigerian geologist, Entrepreneur, and the much respected cofounder and former Chief Executive Officer of Seplat Petroleum Development Company (SPDC), graced an interview by the Afropolitan Podcast recently, and it turned out to be a masterclass on Entrepreneurship, Business, Life, Legacy, and Philanthropy. It is one of those podcasts you have to listen to repeatedly to ensure not to miss the tiniest detail, as almost every sentence from him was an eureka experience.  Austin spent over 40 years in the Nigerian oil and gas sector and was Managing Director of Platform Petroleum Limited and in 2010 became the pioneer CEO of Seplat Ltd, a company he co-founded. Under his leadership, Seplat was dually listed on the London Stock Exchange and Nigeria Stock Exchange, a massive feat that has scarcely been matched ever since. He retired as CEO of Seplat in 2020 and remains on the Board. He is also the Chairman of AA Foundation, a not-for-profit organisation dedicated to creatin...
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