FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings plc, will again host key stakeholders at the fourth edition of its Annual Investor Conference, holding on November 11 and 12, 2014, in Lagos.
The theme of this year’s event is “Lifting the lid on emerging Nigeria,” with a focus on the recently rebased GDP of Nigeria, and how investors and stakeholders can tap into the potential that this new data presents.
Headlining this year’s event are Olusegun Aganga, minister for trade and investment; Omobola Johnson, minister of communication technology; Godwin Emefiele, governor, Central Bank of Nigeria, and Chinelo Anohu-Amazu, director-general, Nigerian Pension Commission, among other speakers and panelists.
Also billed to speak at the event is Anil Gupta, a scholar widely regarded as one of the world’s leading experts on strategy, globalisation and entrepreneurship. Gupta will be discussing his ideas on how Nigeria can handle the “too big to ignore” tag that comes with the elevated position the country finds itself in after the rebasing. Gupta is ranked by Thinkers50 as one of the world’s “most influential living management thinkers” and is one of only three professors in the world to have been elected by his peers as a Lifetime Fellow of all three of the most prestigious bodies in the field – Academy of Management, Strategic Management Society, and Academy of International Business.
Nigeria’s revised GDP for 2013 is currently N80.2 trillion ($509.9bn). This represents an increase of about 89 percent over the old GDP estimate for 2013, and the new GDP numbers paint a more realistic picture of the economy by showing that the Nigerian economy is more diversified than previously estimated or reported.
According to the managing director of FBN Capital, Kayode Akinkugbe, “over the last three years, we have explored key aspects of Nigeria’s economic evolution as it transitions from a frontier to an emerging economy. This year, we will consider how Nigeria can capitalise on the recent GDP rebasing which has propelled it to the position of the largest economy in Africa, and also shine the spotlight on previously under-represented fast-growing sectors of the economy which the recent rebasing has brought into focus.”
In 2014, FBN Capital was recognised as the Best Investment Bank in Nigeria for the third year running by Global Finance Magazine. It was also recognised in the World Finance Banking Awards as the Best Investment Bank in Nigeria and the EMEA Finance African Banking Awards as the Best Local Investment Bank in 2013.
