FBN Capital Limited, the Investment Banking, and Asset Management subsidiary of FBN Holdings Plc. will host its annual Investor Conference on October 27, 2016, at the Eko Hotels & Suites, Victoria Island Lagos. This is in line with the company’s commitment to providing a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria.
This year’s event will be themed ‘An economy at a crossroads: thriving in the face of new realities’. The theme 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. FBN Capital aims to contribute meaningfully to the discourse on how to return the Nigerian economy to growth, temper inflation, boost job creation, and increase awareness on how the government is responding to on-going fiscal and monetary challenges.
“Over the past 5 years, we have hosted the annual conference in line with our commitment to facilitating the debate on developing our market, and promoting Nigeria as one of the leading investment destinations in sub-Saharan Africa for both domestic and foreign investors,” said Lolade Sasore, FBN Capital’s Head of Marketing and Corporate Communications.
She also said, “We will discuss the subject of fiscal stimulus and an expansionary posture; Nigeria’s stance on attracting foreign investment and explore the workings of the liberalised FX markets. We will also examine some identified success stories in this challenging environment.”
This is the conference’s sixth year and, according to FBN Capital, it provides a forum for investors to interact with leaders of the economy, key policy makers in government and senior executives of leading corporate institutions. Over the years, the conferences have hosted several Ministers covering various portfolios including Finance; Industry, Trade and Investment; Communication Technology; and Petroleum Resources; as well as representatives from the Central Bank of Nigeria, the Securities and Exchange Commission and the Nigerian Pension Commission, amongst others.
It has also featured distinguished international speakers such as Mr Jim O’Neill, former Chairman Goldman Sachs Asset Management & Chief Economist, Goldman Sachs; Professor Anil Gupta, International Expert on Strategy, Globalization and Emerging Markets; and Mr Daniel Altman, Associate Professor of Economics at New York University’s Stern School of Business.
The FBNQuest 2016 Investor Conference comes at a time when Nigeria’s economy is in dire need of saving. Since the turn of the year, the economy has been experiencing negative growth while foreign exchange rates have been rising until recently. Despite what seems gloomy, the IMF still projects Nigeria’s economy as Africa’s largest economy, ahead of South Africa and Egypt.
