SHAMSUDDEEN RUFAI AHMED MD/CEO - ACS

Shamsuddeen is the Managing Director/CEO of Newdevco investment and securities co. ltd. He has many years’ experience in the capital market and financial services, Prior to joining Newdevco  Shamsuddeen worked with APT securities and funds ltd a leading capital market operator in Nigeria where he serves at senior management level with responsibility of developing and implementing business development strategies, portfolio management, Equity trading on the floor of the Nigeria stock exchange. He had a stint with Travelex retail Nigeria ltd as team leader. He also worked with Kano state science and technical schools board.

Shamsuddeen holds a Bachelor’s degree in Botany and MBA (Finance & Investment) from Bayero University Kano. Holds a Certificate in international investment management from CISI London.  He is associate member-chartered institute of stockbrokers (ACS) and Associate member-chartered institute for securities and investment London (ACSI). He is authorized dealing clerk of the Nigeria stock exchange and registered with Securities and Exchange Commission as broker dealer.



AYODELE OLUROTIMI ABIODUN: CHIEF OPERATING OFFICER

He holds a Bachelor of Science degree in Accounting (BSC) from University of Lagos. He is a Chartered Banker (ACIB) with 21 years meritorious Banking experience. In April 2008, Mr. Ayodele Rotimi resigned from Afribank Nigeria Plc. now Skye Bank Plc. to work for Newdevco Investments and Securities Company Limited where he worked in different positions as the Chief Compliance Officer, Chief Broker, Chief Operating Officer and now the Acting Managing Director of the company.

He has attended several courses that cut across Banking, Finance, Stockbroking, Compliance, Credit, Management, Corporate governance and research. He is a certified financial consultant (CFC) and also a member of Nigerian Institute of Management (AMNIM).



OYEDIRAN KEHINDE SAMUEL – ACA

He holds a Bachelor of Science degree in Accounting (BSC) from Lagos State University and Post Graduate Diploma (PGD) in Economics from University of Lagos.  He is a Chartered Accountant with over four years experience on the job; He has steadily exhibited an extraordinary combination of strong strategic and tactical accounting skills with a promising future and enthusiasm.

OYEDIRAN before joining the service of Newdevco Investment & securities Limited as an accountant, has held the position of Head Account/Operation with GTX Bureau De Change Limited, Head Admin and Account with Smartcash Bureau De Change Limited and Group Accountant Pertcon and Partners Limited. He holds a Bachelor of Science Degree in Accounting from Lagos State University with a second class Honours (2008). He has also acquired professional trainings from distinguished institutions such as the Institute of Chartered Accountants of Nigeria (ICAN) and was admitted as an Associate of the Institute in the year 2014.



JIBRIL MOHAMMED BELLO (HEAD IT/ OPERATION)

Jibril Muhammed Bello holds a B.sc (Business Management and Marketing) from University of Maiduguri, Borno state in 2003 and MBA (Marketing Management) from Ladoke Akintola University of technology, Ogbomosho in 2012. He holds other certification in Technology and Risk Management which includes ITIL V3 and CILM.

Muhammed Bello has over 13 years work experience which span across Telecoms, Product and Brand promotion, Business Consulting, Technology Services and Stockbroking with focus on product and services development, Strategic Planning, Business Process Management and Automation, Operation Management, Organization Restructuring and Portfolio Management. Prior to becoming the Head IT/Operation a position he currently holds, he was the head of Customer and Business Development with experience in Portfolio Management services for corporate and high net clients. He started his working career in Ushers Communication (A Research and Brand Development Company) from 2005 to 2006 and also worked with Starcom (A Telecommunication Company) from 2006 to 2007. He is happily married with children.



LAWAL SA’ADU - ACS

Lawal Sa’adu is a graduate of Kaduna Polytechnic, Kaduna, from the department of business administration. He joined the services of Newdevco investment and Securities Company Limited in the year 2007 as a young professional development programme candidate of the New Nigeria Development Company.

He is an associate of chartered institute of stockbroker and also an authorized dealing clerk of the Nigerian Stock Exchange. He has more than ten years’ experience in ranging from accounts and admin and stockbroking and he is currently the Kaduna branch manager



SIDI IDRIS: BRANCH MANAGER ABUJA

Sidi Idris is a Chartered Stockbroker (ACS), He holds a HND in Accounting (Upper Credit) from Federal Polytechnic Kaduna.

He is an Associate member of Commodity Brokers of Nigeria (CBAN). He is also Associate member Chartered institute of loan and RISK Management. He has over 10 years working experience in Stock broking, Investment, Finance and Accounts. He is currently a student member of ICAN.


Latest News

Market Update

Investors Upbeat amidst Hope of More Financials, Position Taking Market Update  Feb. 30 2018 The nation’s equity market on Tuesday had a very volatile, but positive session as a strong follow-up... Read More


Market Update 18.12.18

Market Update December 18th 18 Volatility to Continues As Investors, Traders Take Profit, Reposition for 2018 Earnings Season Market Update for December 18 The nation’s stock market recorded another decline... Read More


Market Update 12.12.18

December 12 Market Update Profit Taking Slows Down, Volatility Lingers, Amidst Hope For Improved Economic Data Profit booking on the floor of the Nigerian Stock Exchange on Tuesday slowed down,... Read More


Market Update

Investors Upbeat amidst Hope of More Financials, Position Taking Market Update  June. 30 2018 The nation’s equity market on Tuesday had a very volatile, but positive session as a strong follow-up... Read More


Market Update 19.12.17

Market Update December 18th 17 Volatility to Continues As Investors, Traders Take Profit, Reposition for 2018 Earnings Season Market Update for December 18 The nation’s stock market recorded another decline... Read More


Market Update 12.12.17

December 12 Market Update Profit Taking Slows Down, Volatility Lingers, Amidst Hope For Improved Economic Data Profit booking on the floor of the Nigerian Stock Exchange on Tuesday slowed down,... Read More




Terms and Conditions of Use

What does this policy cover?

This policy explains the terms which apply to users of any web sites operated by, or on behalf, of NewDevCo Investments (together NewDevCo Website”). NewDevCo Limited, a company registered in Nigeria with company number 8927373 (“We/Us/Our”).

Registered office address: NNIL Building, 4 Muhammadu Buhari Way, P.M.B 2340 Kaduna. NewDevCo is a private limited company acting on behalf of itself and its subsidiaries.


Privacy Policy

What does this policy cover?

This policy explains the terms which apply to users of any web sites operated by, or on behalf, of NewDevCo Investments (together NewDevCo Website”). NewDevCo Limited, a company registered in Nigeria with company number 8927373 (“We/Us/Our”).

Registered office address: NNIL Building, 4 Muhammadu Buhari Way, P.M.B 2340 Kaduna. NewDevCo is a private limited company acting on behalf of itself and its subsidiaries.


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