Archive Investor Confidence Needed to Boost Economy – Afrinvest

Investor Confidence Needed to Boost Economy – Afrinvest

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Afrinvest West Africa Limited has stated that investors’ confidence is required to boost the Nigeria’s economy, even as it gets set to launch its banking reports.

In this development, experts and stakeholders in the financial and other sectors of the economy have indicated interest to attend the Afrinvest West Africa Limited banking sector report launch, slated for September 21, 2016, in Lagos with a view to proffering solutions to the economic recession in the country.

Ike Chioke, Managing Director of Afrinvest, revealed that this year’s report, which is the 11th edition since its inception in 2006, is titled ‘Searching for Investor Confidence.’ “Afrinvest Research is of the view that although some appropriate steps has been taken in recent months, the market is yet to respond positively evidencing the lack of investor confidence without which neither the market nor the economy can be rebooted.”

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 investor confidence and put its economy back on the path of growth and prosperity.

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

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