The theme of this year’s event: “An economy at a crossroads: thriving in the face of new realities,” will be explored through a combination of presentations and interactive sessions with some of the foremost reformers in government, business leaders and senior executives in both the public and private sectors of the economy
Browsing: FBN Capital
The decision to allow the naira to float marks a distinct change from previous policy, which in the face of dwindling reserves had led to a widening gap between official and black market exchange rates for the naira against the US dollar
The event will feature a number of leading economists and business personalities, including Daniel Altman, former economic advisor to the British government and creator of the Baseline Profitability Index, a global tool for assessing the attractiveness of investing in markets around the world; and Jonathan Berman, a proven strategic advisor to numerous global Fortune 500 companies on entry and operations in emerging and frontier markets
The discussions were held against the backdrop of the need to encourage foreign investments in the power sector, given that local banks were instrumental in providing acquisition financing during the privatization phase of the Nigerian power sector and have therefore substantially invested in the sector
FBN Capital leveraged on its distribution relationships to obtain commitment for the transaction, and on conclusion of the offer a total of N8billion naira was raised, significantly reducing Cross River State’s outstanding loans to banks and lowering the service cost for the loans
Given Nigeria’s rise to prominence and West Africa’s growing prosperity, the focus of the conference took a look at the industries and sectors that have been instrumental in developing the country.
The event brought together delegates from corporate, banking and financial services organizations to discuss key market issues within agri-business, hard commodities, risk mitigation and infrastructural development
The theme of this year’s conference is: “Lifting the lid on emerging Nigeria.”
It will be with a focus on the recently rebased GDP of Nigeria and how investors and stakeholders can tap into the potential that this new data presents
Within equities, banks and the cement industries are slightly favoured over consumer goods by FBN Capital
The Managing Director/CEO, FBN Capital, Kayode Akinkugbe, disclosed this at a media parley held in Lagos at the weekend