Week 09 02-26-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:35am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal operations
ADETAYO OLUKOGA - Ag National channel Manager
AJIBOLA ABDILFATAI - Portfolio Risk Officer
CHIMA AGU - Ag. Client Experience Management
CHIMA ANNOYE - Head, Business Operations
CHINEDU UGWU - Legal
EMMANUEL ONAKOYA - Head, CRM
GBENGA AJAYI - Ag. Head, Wealth Management
GODFREY EGBUOKPORO - Head, Communications
FAITH OZEGBE - Acting Secretary
ISMAIL BALOGUN - Accounts
IKEJI NWANNE - Sales
ITIEKHAO IKPEMINOGENA - General Manager
LINDA OTTAH-IJEKEYE - Brokers Admin
LOLO YOUNG- HARRY - Sales
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Head, Transformation
OLUWAFEMI SIYANBOLA - Sales
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Cooperate Lease
OWOICHO AGADA - Ag. Head, Human Resources
PETER OJUKWU - Asset Remedial Management
SOPHIA DAGI - Deputy National Channel Manager
STANLEY MAFUVWE - Lead, Asset Remedial Management
Sophia Dagi said the opening prayer
MINUTES
Owoicho Agada seconded by Faith Ozegbe adopted the minute of the last meeting
ORDER OF PRESENTATION
Account, Client Experience Management, Telesales, Asset Creation, Corporate Lease, Wealth Management, Credit Risk Management, Product Development, Business Operations, Legal
ACTIVITY REPORT (19th - 23rd February, 2024)
Accounts Team Report
The report captures asset and liabilities generated for the period under review.
Client Experience Management Team Report
For the period in review, 222 inquiries were recorded. 88.29% from Lagos, 1.80% from Port Harcourt, and 9.91% from Abuja. The complaint breakdown: Wrong debit @ 73.68%, CRC issues @26.31%, Disbursement @ 0%, Consumer Petition @0%. All complaints received will be taken up with concerned stakeholders.
Tele-sales Team Report
The total amount consummated by the team for the week in review is 8.7M with core telesales and customer retention team consummating 1.4M (24% of the week’s target) at 2 count and 7.3M (147% of the week’s target) at 5 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 45.4M.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 11.1M (96% of the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Brokers Admin Team Report
The week in review shows liability generation is 62.49% (12M) of the budget. Risk Asset Transaction Disbursed for the week 350K, Fresh Fund (RTN) for the Week 11.5M, Reap Fund for the week 510K, Rollover for the week Nil, Liquidation for the week Nil. The report also captured Pending RTN transactions.
Cooperate Lease Team Report
The report captures transactions in the pipeline (operating lease).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as FAIR. Week 8 experienced a net negative change in cash flow from 238M negative in week 7 to 16M negative. Wealth Managers reported a negative 16M total NetFlow, with 73 million inflows and 90 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 56 transactions and pushed back 28 transaction. The senior underwriters approved 60 transactions and pushed back 13. In the recovery space, the recovery, total recovery is 3.9M (10%) broken down as PDO is 1.8M at 21 counts (8% of the target). Extended interest recovery as 1.2M at 17 counts (18% of the target), Provisioned Accounts recovery as 789K at 14 counts (11.5% of the target).
Product Team Report
Captures ongoing and completed projects.
Business Operations Team Report
Captures ongoing and completed projects.
Legal Team Report
Captures ongoing and completed litigation.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 8 | Ending | 24-Feb-24 | ||||||
| BAL B/F | WEEK 8 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 124,927,000.00 | 20,625,000.00 | 145,552,000.00 | - | 145,552,000.00 | 705,742,644.64 | -79% | 314,636,754.95 | -54% |
| Consumer Leases | - | - | 3,022,523.06 | -100% | 4,240,275.00 | -100% | |||
| Asset Cash Loan | - | - | - | 0% | |||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 124,927,000.00 | 20,625,000.00 | 145,552,000.00 | - | 145,552,000.00 | 708,765,167.70 | -79.46% | 318,877,029.95 | -54% |
| Corporate Leases | - | - | 5,380,561.93 | 0% | -100% | ||||
| Operating Leases | - | - | - | 153,079,347.21 | 0% | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | - | 1,572,637.45 | 0% | 10,000,000.00 | -100% | ||
| Sub-Total | - | - | - | - | - | 160,032,546.59 | -100.00% | 10,000,000.00 | -100% |
| B2C - Products | 124,927,000.00 | 20,625,000.00 | 145,552,000.00 | - | 145,552,000.00 | 708,765,167.70 | -79% | 318,877,029.95 | -54% |
| B2B - Products | - | - | - | - | - | 160,032,546.59 | -100% | 10,000,000.00 | -100% |
| TOTAL FOR LAGOS | 124,927,000.00 | 20,625,000.00 | 145,552,000.00 | - | 145,552,000.00 | 868,797,714.30 | -83.25% | 328,877,029.95 | -56% |
| Cash Backed loan / Credit Card | 2,700,000.00 | 2,700,000.00 | 2,700,000.00 | 47,234,142.95 | -94% | 1,000,000.00 | 170% | ||
| Total Risk Assets & Cash-Backed Loan | 127,627,000.00 | 20,625,000.00 | 148,252,000.00 | - | 148,252,000.00 | 916,031,857.25 | -83.82% | 329,877,029.95 | -55% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 8 | Ending | 24-Feb-24 | ||||||
| BAL B/F | WEEK 8 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 29,504,000.00 | 6,770,000.00 | 36,274,000.00 | - | 36,274,000.00 | 511,663,417.37 | -93% | 94,543,998.00 | -62% |
| Consumer Leases | - | - | 1,099,099.29 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 29,504,000.00 | 6,770,000.00 | 36,274,000.00 | - | 36,274,000.00 | 512,762,516.66 | -93% | 94,543,998.00 | -62% |
| Corporate Lease | - | - | 768,651.70 | -100% | 0% | ||||
| Operating Leases | - | - | 23,812,342.90 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 864,950.60 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 25,445,945.20 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 29,504,000.00 | 6,770,000.00 | 36,274,000.00 | - | 36,274,000.00 | 512,762,516.66 | -93% | 94,543,998.00 | -62% |
| B2B - Products | - | - | - | - | - | 25,445,945.20 | -100% | - | 0% |
| TOTAL FOR ABUJA | 29,504,000.00 | 6,770,000.00 | 36,274,000.00 | - | 36,274,000.00 | 538,208,461.86 | -93% | 94,543,998.00 | -62% |
| Cash Backed loan / Credit Card | - | - | 4,723,414.30 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 29,504,000.00 | 6,770,000.00 | 36,274,000.00 | - | 36,274,000.00 | 542,931,876.16 | -93% | 94,543,998.00 | -62% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 8 | Ending | 24-Feb-24 | ||||||
| BAL B/F | WEEK 8 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 38,955,835.65 | 7,440,000.00 | 46,395,835.65 | - | 46,395,835.65 | 546,950,549.60 | -92% | 94,981,759.48 | -51% |
| Consumer Leases | - | - | 1,373,874.12 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 38,955,835.65 | 7,440,000.00 | 46,395,835.65 | 0 | 46,395,835.65 | 548,324,423.72 | -91.54% | 94,981,759.48 | -51% |
| Corporate Leases | - | - | 1,537,303.41 | -100% | 0% | ||||
| Operating Leases | - | - | 163,284,637.03 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 1,494,005.58 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 166,315,946.01 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 38,955,835.65 | 7,440,000.00 | 46,395,835.65 | - | 46,395,835.65 | 548,324,423.72 | -92% | 94,981,759.48 | -51% |
| B2B - Products | - | - | - | - | - | 166,315,946.01 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 38,955,835.65 | 7,440,000.00 | 46,395,835.65 | 0 | 46,395,835.65 | 714,640,369.73 | -93.51% | 430,982,009.48 | -89% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | - | - | 15,519,789.83 | -100% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 38,955,835.65 | 7,440,000.00 | 46,395,835.65 | 0 | 46,395,835.65 | 730,160,159.55 | -93.65% | 430,982,009.48 | -89% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 8 | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 2,998,000.00 | 200,000.00 | 3,198,000.00 | 3,198,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 2,998,000.00 | 200,000.00 | 3,198,000.00 | 0 | 3,198,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | - | 0% | 0% | |||||
| Operating Leases | - | - | 0% | 0% | |||||
| Business Support Loan/ACL-Corporate | - | - | 0% | 0% | |||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 2,998,000.00 | 200,000.00 | 3,198,000.00 | - | 3,198,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 2,998,000.00 | 200,000.00 | 3,198,000.00 | 0 | 3,198,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 2,998,000.00 | 200,000.00 | 3,198,000.00 | 0 | 3,198,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 1,940,000.00 | 920,000.00 | 2,860,000.00 | 2,860,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 1,940,000.00 | 920,000.00 | 2,860,000.00 | 0 | 2,860,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 1,940,000.00 | 920,000.00 | 2,860,000.00 | - | 2,860,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 1,940,000.00 | 920,000.00 | 2,860,000.00 | 0 | 2,860,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 1,940,000.00 | 920,000.00 | 2,860,000.00 | 0 | 2,860,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | - | - | - | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | - | - | - | - | - | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | KANO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | ||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 4,135,000.00 | 2,160,000.00 | 6,295,000.00 | 6,295,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 4,135,000.00 | 2,160,000.00 | 6,295,000.00 | 0 | 6,295,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 4,135,000.00 | 2,160,000.00 | 6,295,000.00 | - | 6,295,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 4,135,000.00 | 2,160,000.00 | 6,295,000.00 | 0 | 6,295,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,135,000.00 | 2,160,000.00 | 6,295,000.00 | 0 | 6,295,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 8 | Ending | 24-Feb-24 | ||||||
| LAGOS | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 (ACTUAL) |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 | |||
| TENOR FUND | 434,320,355.25 | 44,885,717.49 | 118,715,608.71 | -73,829,891.22 | 539,968,289.94 | 360,490,464.03 | 89,687,295.89 | -179,477,825.91 | 302% |
| R-WIN | -3,096,453.56 | 380,000.00 | 461,105.76 | -81,105.76 | 11,488,687.02 | -3,177,559.32 | -10,212,558.44 | -14,666,246.34 | -69% |
| REAP PRODUCT | 1,726,280.26 | 370,000.00 | 2,437,358.07 | -2,067,358.07 | 22,977,374.04 | -341,077.81 | -6,248,910.60 | -23,318,451.85 | -95% |
| RBIP | - | ||||||||
| TOTAL | 432,950,181.95 | 45,635,717.49 | 121,614,072.54 | -75,978,355.05 | 574,434,351.00 | 356,971,826.90 | 73,225,826.85 | -217,462,524.10 | 387% |
| ABUJA | |||||||||
| TENOR FUND | 83,522,289.67 | 5,221,951.88 | -5,221,951.88 | 300,379,710.96 | 78,300,337.79 | 2,934,089.38 | -222,079,373.17 | 2569% | |
| R-WIN | - | - | 6,391,057.68 | - | - | -6,391,057.68 | - | ||
| REAP PRODUCT | -1,306,152.61 | - | 12,782,115.36 | -1,306,152.61 | -831,123.06 | -14,088,267.97 | 57% | ||
| TOTAL | 82,216,137.06 | - | 5,221,951.88 | -5,221,951.88 | 319,552,884.00 | 76,994,185.18 | 2,102,966.32 | -242,558,698.82 | 3561% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 515,166,319.01 | 45,635,717.49 | 126,836,024.42 | -81,200,306.93 | 893,987,235.00 | 433,966,012.08 | 75,328,793.17 | - | 476% |
| PORT-HARCOURT | |||||||||
| WEEK 8 | |||||||||
| TENOR FUND | 293,219,078.10 | 4,400,000.00 | 1,342,604.04 | 3,057,395.96 | 351,634,979.10 | 296,276,474.06 | 237,553,126.04 | -55,358,505.04 | 25% |
| R-WIN | -450,000.00 | - | 7,481,595.30 | -450,000.00 | 280,000.00 | -7,931,595.30 | -261% | ||
| REAP PRODUCT | -1,429,822.78 | 650,000.00 | 250,000.00 | 400,000.00 | 14,963,190.60 | -1,029,822.78 | 1,868,795.24 | -15,993,013.38 | -155% |
| 291,339,255.32 | 5,050,000.00 | 1,592,604.04 | 3,457,395.96 | 374,079,765.00 | 294,796,651.28 | 239,701,921.28 | -79,283,113.72 | 23% | |
| CONSOLIDATED | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| TENOR FUND | 811,061,723.02 | 49,285,717.49 | 125,280,164.63 | -75,994,447.14 | 1,191,982,980.00 | 735,067,275.88 | 330,174,511.31 | -456,915,704.12 | 123% |
| R-WIN | -3,546,453.56 | 380,000.00 | 461,105.76 | -81,105.76 | 25,361,340.00 | -3,627,559.32 | -9,932,558.44 | -28,988,899.32 | -63% |
| REAP PRODUCT | -1,009,695.13 | 1,020,000.00 | 2,687,358.07 | -1,667,358.07 | 50,722,680.00 | -2,677,053.20 | -5,211,238.42 | -53,399,733.20 | -49% |
| RBIP | - | - | - | 0% | |||||
| 806,505,574.33 | 50,685,717.49 | 128,428,628.46 | -77,742,910.97 | 1,268,067,000.00 | 728,762,663.36 | 315,030,714.45 | -539,304,336.64 | 131% |
MEETING ADJOURNMENT
Chinedu Ugwu seconded by Faith Ozegbe adjourned the meeting.