ML Akanni ™️🦅

“Be sure you put your feet in the right place, then stand firm.”— Lincoln

Ondo Monarch Kidnapped, Wife Shot in Terrorist Attack. Oba Adeniyi Adelana, the 60 year old King of Odo Oriya in Owo Local Government Area of Ondo State, South West Nigeria, has reportedly been kidnapped by terrorists. His wife was shot during the attack.

Real power is knowing when to end the conversation, leave the room, and not make a scene.

@Dannymasterp It's tiring and very frustrating.

🚨 OFFICIAL: #PoojaXRaenest For World Cup!!! Time to cover the FIFA World Cup in the US with Raenest, Your Global Money Partner. 🔥🔥 #FIFAWorldCupWithPooja

No one is hyping USA 🇺🇸 to win the World Cup; why’s that?

See drafts that i didn’t draft 😭 These are successful. What are they doing here nao @nikitabier

@Alpha_Yom You are right. Nothing is good in Brazil anymore and he’s not the one that makes a team play well. Team must be good for him to function effectively

“Forgive me when I prostrate while my mind is distracted. Forgive me when I repent and then return to sin, for I have no other refuge than You, O Allah.”

Abbey's Banking Licence Is Big News. But Investors Should Look Beyond The Headlines ======== Abbey Mortgage Bank's conversion into a regional commercial bank is one of the most significant developments in Nigeria's banking sector this year. For over three decades, Abbey operated largely as a mortgage bank, focusing on housing finance and related services. With the approval from the Central Bank of Nigeria (CBN), the institution is now preparing to enter a much larger market. The opportunity is obvious. ====== Commercial banks have access to a broader range of income streams. They can mobilize deposits, provide corporate loans, support trade finance, process payments, serve SMEs, and offer wealth management services. Simply put, the revenue potential is much bigger than that of a traditional mortgage bank. That is why many investors are excited. But excitement alone does not create shareholder value. What The Market Is Seeing The market is currently valuing Abbey based largely on its history as a mortgage bank. The new licence changes the story. Investors are now looking at what Abbey could become rather than what it has been. This explains the renewed interest in the stock since the announcement. However, a banking licence is only a licence. Execution is what matters. The Capital Raising Question ===== To support this transition, shareholders have already approved plans to raise ₦164.5 billion in fresh equity and another ₦100 billion through debt instruments. This is both good news and a risk. The good news is that the bank appears serious about growth and has identified the capital required to compete. The risk is dilution. ===== If new shares are issued, existing shareholders may own a smaller percentage of the company unless they participate in future capital raises. This is something investors should watch closely. What About The Shareholding Structure? One of the key issues investors should monitor is ownership concentration. ✓Who controls the bank? ✓Will major shareholders increase their holdings during future capital raises? ✓Will institutional investors come in? ✓Will foreign investors show interest? The answers to these questions could influence liquidity, corporate governance, and future market valuation. Strong institutional ownership often improves investor confidence. Can Abbey Compete? ====== This is perhaps the most important question. The commercial banking space is already dominated by powerful institutions such as Access Holdings, GTCO, Zenith Bank, UBA, First HoldCo, Fidelity Bank, and Stanbic IBTC. Abbey will not become a Tier-1 bank overnight. The transition will take years. The bank must attract deposits, build technology platforms, expand its customer base, strengthen risk management, and grow earnings. That journey will determine whether the current optimism is justified. What Investors Should Watch ===== Instead of focusing only on the licence approval, investors should monitor: ✓Deposit growth ✓Loan growth ✓Profit growth ✓Capital raising plans ✓Changes in shareholding structure ✓Dividend policy ✓Digital banking strategy ✓Expansion plans ✓Cost management These are the factors that ultimately drive shareholder returns. #AnalystOpinion The CBN approval has opened a new chapter for Abbey. The bank is moving from a niche mortgage lender into a much larger and more competitive industry. For shareholders, the opportunity is clear. But so are the challenges. The licence creates the possibility of future growth. Management execution will determine whether that possibility becomes reality. As investors, it is important to remember one thing: A new licence can change a company's story. Only earnings can change its valuation. @StockmanNigeria

Peter Obi said Nigeria would have been far better if every leader kept the funds meant for development in banks without using it for developmental purposes.

Ready to go as BJ is live

How I appeared at my mum's retirement party 🎉

Ati KieKie o, ati Lizzy o, ati Elugbaju o, all of you dey craze 😹😹

We did video call and i confirmed he is the one but i don’t trust him enough to borrow him and the prank pissed me off

Yorubas slapped with “shago n bu go” If I spelt it well.

Where is the lie? 🟤🥰

Because I'm persistent, got it done. 😆🤣😂 let me cook real Abeokuta ofada rice to go with this. 😆🤣😂

Jahbless - Joor o rmx The hardest verse was Rugged Man and Eldee d Don. Iya Rainbow, se o le fi se stripper Super glue, se o le fi se eye drop

Yup

THIRTY and THRIVING 🥂. Happy birthday to me 🥰