BSR 2016

Afrinvest 2016 Nigerian Banking Sector Report Launch

Lagos, 14th September, 2016 –Afrinvest (West Africa) Limited, is set to unveil the 2016 edition of its annual Nigerian Banking Sector Report on Wednesday, 21st September at the Shell Hall, Muson Centre, Onikan, Lagos.


Its Managing Director, Ike Chioke, revealed that this year’s report, which is the 11th edition since its inception in 2006, is titled: “Searching for Investor Confidence”.


According to him,“the 2016 Banking Sector Report chronicles developments within the global and domestic economy in relation to monetary and fiscal policy responses to shocks while also contextualising the impact of policy decisions on domestic macro-economic variables”.


“Afrinvest Research is of the view that although some appropriate steps have been taken in recent months, the market is yet to respond positively, evidencing the lack of investors’ confidence without which neither the market nor the economy can be rebooted,” he said.


As part of the launch, Afrinvest has lined up a panel of distinguished economists and bankers, who will share expert views and opinions about what needs to be done in the face of these challenges in order for Nigeria to regain investors’ confidence and put its economy back on the path of growth and prosperity.


Among them are former Deputy Governor, Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu; Senior Fellow, Lagos Business School and Member, Monetary Policy Committee of the CBN, Doyin Salami; Group MD/CEO, Access Bank Plc, Herbert Wigwe; CEO, Economic Associates, Ayo Teriba; Regional Head of Economics, Standard Chartered Bank, Razia Khan; and Chief Financial Officer, Sterling Bank Plc, Sulaiman Abubakar.


Afrinvest (West Africa) Limited is a wealth advisory firm involved in investment banking, securities trading, asset management and investment research with a focus on West Africa. The Nigerian Banking Sector Report has come to be recognized as the leading and most incisive report on Nigeria’s banking industry, and a valuable reference for local and international investors in the Nigerian economy.


To attend the launch, click here to register.