Lagos: Africa Prudential Plc has launched Sabivest, a digital investment and wealth management platform, aiming to simplify investment opportunities and enhance portfolio management for Nigerians. The unveiling event was held in Lagos, where the Chairperson of Africa Prudential Plc, Mrs. Christabel Onyejekwe, emphasized that Sabivest was developed to offer individuals and institutions a comprehensive investment ecosystem.
According to News Agency of Nigeria, Mrs. Onyejekwe highlighted that the platform provides a seamless interface for accessing, monitoring, and growing diversified financial assets. The Managing Director of Africa Prudential Plc, Dr. Catherine Nwosu, further explained that Sabivest addresses common challenges faced by investors in emerging markets, such as fragmented investment accounts and limited access to diverse financial instruments.
Dr. Nwosu described how Sabivest consolidates multiple investment products and services, enabling users to maintain real-time visibility and control over their investments via a centralized dashboard. The platform offers features such as consolidated portfolio views, real-time performance monitoring, and e-dividend management, alongside access to the Sabivest investment community.
She also mentioned the integration of robo-advisory services, which provide personalized investment recommendations, risk profiling, and market insights to facilitate informed financial decision-making. Additionally, Sabivest offers dividend tracking and recovery support to help investors manage unpaid or unclaimed dividends efficiently.
Mr. Segun Adebayo, Head of Product at Africa Prudential Plc, stated that Sabivest supports corporate actions management, providing alerts for rights issues, bonus shares, and annual general meetings, while simplifying participation processes. Adebayo noted that the platform targets retail investors, young professionals, existing stock market participants, and diaspora investors seeking easier capital market access through digital tools.
In a related discussion, Mr. Kazeem Shomade, Group Head of Strategy at United Capital Plc, expressed optimism about the impact of technology in reinforcing trust and transparency in the capital market. Shomade highlighted the role of technological advancements in bridging trust gaps and enhancing confidence among market participants.
He projected further innovations in shareholder engagement and the use of artificial intelligence in trading activities, stressing the importance of investment in critical infrastructure, especially in cybersecurity, for market growth and stability. Shomade also advocated for the adoption of instant settlement systems to improve market efficiency and investor experience.
Ms. Toni Sanni, Acting CEO of Emerging Africa Advisory, praised the Sabivest initiative, urging innovators to prioritize risk management and cybersecurity. Meanwhile, Mr. Ugochi Obi, Head of X Academy at Nigerian Exchange Ltd. (NGX), emphasized the significance of investor education and advocated for simplified communication to engage younger investors effectively.