Investment Nerds

14/10/2026

BREAKING: The Dangote Petroleum Refinery IPO has been extended by two weeks.

The Securities and Exchange Commission approved moving the close from Tuesday, October 13 to October 27 so more investors across Africa can finish account opening and identity verification — and so depositary receipt access can expand to other African markets. The offer is 4.1 billion ordinary shares at ₦525 each.

New timetable: collation of returns November 3, final allotment November 17. The upside pitch is dollar-equivalent exposure to massive refinery capacity — but I also walk through what to watch: cross-border settlement, identity verification and post-listing liquidity across regional exchanges. Read the offer timetable and prospectus before you participate.

Not financial advice — it’s information. Drop a 🛢️ if you want more updates like this.

14/10/2026

📅 SAMBA FOODS SHAREHOLDERS: save the date 🇬🇭

Samba Foods Limited will hold its 9th Annual General Meeting VIRTUALLY on Thursday, 29 October 2026 at 11:00am.

What’s on the agenda 👇

📊 2025 accounts: Directors’ and Auditors’ reports and the financial statements for the year ended 31 Dec 2025
👥 Two new Non-Executive Directors to confirm: Lawyer Francis Kwaku Ohene and Ms. Ruth Naa Bueke Nartey
💵 Directors’ fees up for approval
🧾 Authority for the Directors to set the auditors’ pay
💬 Any other business

📍 Hosted from the company’s office in the Heavy Industrial Area, Tema

If you own shares, the AGM is your chance to ask questions and vote. Don’t miss it! 🗳️

🔖 SAVE this so you remember the date
📤 SEND it to a fellow Samba Foods shareholder

Source: Samba Foods Limited AGM notice, dated 7 October 2026
⚠️ Not financial advice.
📷 Photo: Bonaventure Fernandez / Pexels

14/10/2026

14/10/2026

BREAKING: The Bank of Ghana has backed a direct Cedi-to-Yuan trade settlement route — letting Ghanaian importers pay Chinese suppliers straight in Yuan through China’s CIPS network, no US dollar leg required. Stanbic Bank is the first bank live with direct access (GCB Bank is still developing its own version).

Over 20% of Ghana’s imports come from China, so cutting the double FX conversion really matters. I walk through the bull case (less FX volatility, better margins for listed manufacturing and retail firms on the GSE) and the bear case (this won’t replace the dollar overnight — oil and gold are still USD-priced) — plus what it means if you’re hedging against the dollar or importing goods yourself.

Drop “yes” in the comments if you want us to keep breaking stories like this down 👇

14/10/2026

Dangote Refinery just extended its IPO application period to October 27 — it was due to close October 13.

The company cites strong interest across Africa and wants more time for cross-border access, account opening and identity checks. At ₦525 a share for 4.1 billion shares, the SEC no-objection (the Allotment Date) is slated for November 17, with CSCS credits and trading 15 business days after that. The notice says the dates are indicative and may change without notice.

Swipe through for the timetable.

Follow Investment Nerds | Money & Markets for more breakdowns like this.

ngx stocks personalfinance investing

13/10/2026

Ecobank Transnational has called its 39th Ordinary General Meeting for October 26 at 10:30am GMT, by video conference.

The sole agenda item is the revocation of the mandates of Directors. The notice doesn’t name which directors or give a reason. Shareholders can register from October 19 at ecobank.com/agm, and proxy forms are due by close of business Friday, October 23.

Swipe through for the key dates.

Follow Investment Nerds | Money & Markets for more breakdowns like this.

13/10/2026

BREAKING: The Bank of Ghana has issued a no-objection approval for Attijariwafa Bank (Morocco’s banking giant) to acquire Société Générale’s 60.22% controlling stake in SG Ghana.

Your money is safe, services continue as normal — but what does this mean for SG stock on the GSE?

I break down the bull case, the bear case, and what to watch for next. Not financial advice — always do your own research.

Drop “SG” in the comments to stay updated 👇

12/10/2026

Think you need a thousand cedis to start building wealth? You don’t.

📈 The Tesah Future Fund is a balanced mutual fund — high-growth stocks + government & corporate bonds — starting at just GH₵20/month, with easy USSD deposits and embedded life insurance.

Not financial advice — always do your own research. Comment “TESAH” and I’ll send you the link. Like, share, save 🔖

11/10/2026

You can transfer your shares from one broker to another — it just takes a CSD account on both ends and a Securities Transfer Form (CSD Form 5), with the security name, ticker and share count.

Gifting shares to family may need ID confirmation, and gift transfers can be taxed in Ghana.

Comment “transfer” for the form link.

10/10/2026

Bank of Ghana’s Monetary Policy Committee held its policy rate at 14% — a unanimous decision, and the third straight hold this year.

That signals a stable outlook for Ghana’s economy in the weeks ahead. For investors, it means fixed income and money market rates should stay roughly where they are for now.

Comment “MPC” for updates on the next decision.