Tectono Business Review gathered
that the Investment Banking and Asset Management subsidiary of FBN Holdings
Plc, FBN Capital Limited, has perfected
plans to host key stakeholders at the 5th edition of its annual investor
conference with the them: ‘Reinventing
the Nigerian Economy: Beyond the Rhetoric’ on the 27th of October 2015 in
Lagos.
According to a statement which was made available to us, the event would feature some great economists and business leaders, such as erstwhile 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), Mr. Daniel Altman; and a proven strategic advisor to numerous global Fortune 500 companies on entry and operations in emerging and frontier markets, Mr. Jonathan Berman.
We also gathered
that the CEO of Financial Derivatives Company Limited, Mr. Bismarck Rewane; CEO, Economic Associates Limited, Dr. Ayo Teriba, and the Lead Economist,
African Development Bank, Ms. Barbara
Barungi, would be at the event.
While speaking
with Tectono
Business Review, the Managing Director of FBN Capital, Mr. Kayode Akinkugbe, stated that over
the last four years, his company has examined key aspects of Nigeria’s economic
development and the company’s attempt to develop into a regional economic power
house. According to him, this year, the company would consider how Nigeria could
truly re-invent itself and capitalize on the momentum of its current political
transformation.
He further
stressed that the conference would take a deep-dive into the Nigerian economy
to examine how the new administration could respond to the fiscal challenges of
the nation, the key reforms that have to be tackled drawing from the successes
of similar frontier and emerging countries, and the reality of the Nigerian
growth opportunity within the context of the current operating environment.
An
evaluation of the central bank’s monetary policies and their effectiveness in a
weaker global macro environment will also be explored, as well as the new roles
the private and public sectors can play in providing financing solutions for
growth.
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