Standard Bank Organises Conference

The ninth edition of the Standard Bank West Africa Investors’ Conference which commenced yesterday will come to an end on March 2. The event which holds in Abuja and Lagos was expected to bring together foreign and local institutional investors, fund managers, regulators and policy makers, bankers, businessmen and captains of industry, among others, to engage and explore growth potential and opportunities in Nigeria. The four-day event themed ,‘ The Pathway towards inclusive economic recovery,’ will see Stanbic IBTC and Standard Bank officials leading a delegation of investors on a visit to the Minister of Power, Works & Housing, Mr. Babatunde Fashola; Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; Governor, Central Bank of Nigeria, Mr. Godwin Emefiele; and the World Bank. Similar visits were made to the Vice-President, Prof Yemi Osinbajo, the Debt Management Office, and other key stakeholders and policymakers in Abuja, during last year’s edition. This year’s edition, according to a statement, would end with a factory visit to the newly commissioned $17 million Kelloggs Tolaram plant, to showcase one of the most recent private sector led capital investments in the Nigerian economy. The Chief Executive, Stanbic IBTC Holdings PLC, Yinka Sanni, said underlining the conference was the organisation’s conviction about Nigeria’s growth potential, which it would be steadfast in deploying its international connections to ensure an increased inflow of foreign capital into Nigeria.