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Afrinvest Unveils 2016 Banking Sector Report Sept 21

afrinvest

By Modupe Gbadeyanka

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

Mr Ike Chioke, Managing Director of Afrinvest, revealed that this year’s report, which is the 11thedition 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 contextualizing the impact of policy decisions on domestic macroeconomic 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 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 Prof. Kingsley Moghalu, former Deputy Governor, Central Bank of Nigeria (CBN); 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.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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