Stanbic IBTC Holds Investors Forum February 23
Banking Briefs
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STANBIC IBTC Holdings Plc has announced that the seventh Standard Bank West Africa Investors’ Conference would afford major domestic and global investors as well as fund managers the opportunity to have access to information on the key economic issues that would enable them make informed investment decisions about the capital market and the nation’s economy.
Sola David-Borha, chief executive officer, Stanbic IBTC Holdings Plc told journalists on Wednesday that the investors’ forum, slated for February 23 to 25, would highlight growth opportunities in critical areas such as the capital market, power, agriculture, SME, manufacturing and energy, among others.
“Nigeria’s burgeoning population, rapid urbanisation, abundance of talents and natural resources, vast consumer market and a vibrant labour force are key pillars to drive the country’s economic renaissance and need for diversification, shifts made imperative by challenging economic conditions due to falling commodity prices in the last two years.”
The conference, according to David-Borha, will also avail policy makers a platform to unfold Nigeria’s economic direction, as well as prescribe lee-way to nation’s economic growth. “Key insights on various economic issues would be provided by headline speakers from the ministry of finance, ministry of power, works and housing, Central Bank of Nigeria, Securities and Exchange Commission, Nigerian Stock Exchange, National Pension Commission and Debt Management Office.”
Also, Titi Ogungbesan, chief executive, Stanbic IBTC Stockbrokers Limited, identified oil and gas, agriculture, power and macro-economic stability as some of the issues slated for discussion at the event. She expected the event to attract institutional investors from across the globe who would meet with most of the top rated corporate companies in West Africa.
— Feb 22, 2016 @ 01:00 GMT
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