Yomi Ajayi

Yomi Ajayi

Financial services Analyst

Bio

Yomi is an economist and a former strategy consultant. He analyses the macro economy, monetary policies and financial services for Stears.

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Rescuing GTCO’s stock price

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30 JAN 2023

Rescuing GTCO’s stock price

If GTCO wants to become more valuable, it should consider stock buybacks.

How the CBN wipes out investor confidence in Nigeria

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26 JAN 2023

How the CBN wipes out investor confidence in Nigeria

Unpacking the CBN's policies and its brutalisation of capital formation through the stock market.

CBN raises interest rates to 17.5%, the highest in over two decades

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24 JAN 2023

CBN raises interest rates to 17.5%, the highest in over two decades

Implications of the CBN's 17.5% MPR hike.

Can the Nigerian stock exchange maintain its winning streak in 2023?

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16 JAN 2023

Can the Nigerian stock exchange maintain its winning streak in 2023?

Why bullish sentiments in Nigeria's stock market will persist this year.

How can Ghana recover from its debt crisis?

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16 DEC 2022

How can Ghana recover from its debt crisis?

We unpack the impact of zero to low interest payments on Ghanaian bonds to investors and Ghanaian banks.

2023 manifesto explained: political plans for CBN

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09 DEC 2022

2023 manifesto explained: political plans for CBN

What is the impact of political influence on monetary policy in Nigeria?

How well did Nigerian Breweries do in 2022?

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01 DEC 2022

How well did Nigerian Breweries do in 2022?

Nigerian Breweries has had a historically resilient financial performance, but 2022 has been a year for the books.

Will IHS Holdings ever be profitable?

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21 NOV 2022

Will IHS Holdings ever be profitable?

IHS Holdings, Nigeria's main telco infrastructure provider, has had a rough time operating in the country.

Is Nigeria's top telco infrastructure company at risk?

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11 NOV 2022

Is Nigeria's top telco infrastructure company at risk?

IHS Holdings, the company keeping Nigerian telcos working was recently downgraded. We unpack if we should be worried or not.

CBN loans: Why we should call out Nigeria's finance minister, again

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31 OCT 2022

CBN loans: Why we should call out Nigeria's finance minister, again

Converting the federal government's ₦20 trillion CBN loan to bonds and other reasons to call out Nigeria's finance minister.

How will rising costs impact bank profits in H2' 2022?

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20 OCT 2022

How will rising costs impact bank profits in H2' 2022?

From higher taxes to more regulatory charges in H1'2022, Nigerian banks are faced with rising costs that put their bottom lines on the line.

How have top banks performed in 2022?

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14 OCT 2022

How have top banks performed in 2022?

An H1'22 financial performance review of top banks in Nigeria.

What is causing Nigeria's dollar shortage?

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06 OCT 2022

What is causing Nigeria's dollar shortage?

Despite high oil prices in 2022, Nigeria is undergoing an FX shortage.

Should we be worried about Kuda bank's financial performance?

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26 SEP 2022

Should we be worried about Kuda bank's financial performance?

Kuda bank is aggressively focused on growth. But this is coming at the expense of profitability.

Why do Nigerian companies find foreign exchanges attractive?

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19 SEP 2022

Why do Nigerian companies find foreign exchanges attractive?

There is a growing wave of Nigerian companies deserting the Nigerian exchange (NGX) to go list on foreign stock exchanges.

Why won't more companies access the stock market for funding?

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09 SEP 2022

Why won't more companies access the stock market for funding?

Raising capital from anywhere ultimately boils down to what businesses think is best to stimulate growth.

Is Nigeria ready for 5G?

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02 SEP 2022

Is Nigeria ready for 5G?

Nigeria has seen improvements in broadband penetration, but slow adoption remains and threatens the success of 5G connectivity.

What is driving Nigeria's stock exchange's positive performance?

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26 AUG 2022

What is driving Nigeria's stock exchange's positive performance?

Nigeria remains one of the top-performing stock markets in the world, with prospects for further growth if fx liquidity improves.

Will fintechs replace Nigerian banks?

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18 AUG 2022

Will fintechs replace Nigerian banks?

Disruptive fintechs have demonstrated their ability to boost innovation within the financial services sector and threaten traditional banks.

Will higher interest rates encourage Nigerians to save more?

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09 AUG 2022

Will higher interest rates encourage Nigerians to save more?

With the Monetary Policy Rate (MPR) raised to 14%, savings as opposed to spending excess income should be more attractive.

Can the CBN’s interest rate hike improve investor confidence?

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02 AUG 2022

Can the CBN’s interest rate hike improve investor confidence?

How the efficacy of interest rates and resultant monetary policy success is threatened.

Are banks better off running electricity firms?

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19 JUL 2022

Are banks better off running electricity firms?

Despite chronic debt defaults and huge losses, electricity companies are still essential assets for Nigerian banks.

What is the impact of CBN charges on banks' profits?

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07 JUL 2022

What is the impact of CBN charges on banks' profits?

For the banks, the fear of the CBN is the beginning of wisdom, but are all regulatory policies wise?

Will Nigerian banks survive another global recession?

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24 JUN 2022

Will Nigerian banks survive another global recession?

Global shocks such as persistently high inflation negatively impact banks, the businesses they serve, and their ability to remain afloat.