Afrinvest Reveals 20th Edition of Nigerian Banking Report

Afrinvest (West Africa) Limited marks its 30th anniversary by launching the 20th edition of the Nigerian Banking Sector Report, with the theme ‘ACT-BOLD: Turbocharging Nigeria to A New Growth Frontier’. This report emphasizes the necessity for significant reforms and strategic investments to elevate Nigeria’s position in the global economy.

In anticipation of the anniversary, Ike Chioke, the Group managing director of Afrinvest, highlighted the company’s resilience, innovation, and dedication to fostering a more inclusive and prosperous Nigerian economy over the years.

Victor Ndukauba, the deputy GMD, stated that Afrinvest has transitioned from an early Nigerian stock brokerage firm to a prominent advisory partner in various financial services, showcasing the potential of Nigerian financial institutions on a global scale.

Managing director of Afrinvest Consulting Limited, Abiodun Keripe, stressed the significance of the report as a trusted resource for regulators, investors, and development partners. The 2025 theme underscores the imperative for economic diversification and the focus on seven key sectors: Agriculture, Creatives, Tourism & Hospitality, Banking & Finance, Oil & Gas, Logistics, and Domestic Manufacturing.

The 2025 BSR release coincides with a period of global uncertainty. While global growth is projected at 3.0 per cent in 2025, with Sub-Saharan Africa expected to grow by 4.0 per cent, challenges like tariff shocks, FX volatility, and financial instability persist, necessitating profound reforms and strategic investments to boost Nigeria’s competitiveness globally.

The forthcoming celebration will include keynote speeches, interactive sessions, and networking opportunities aimed at inspiring practical solutions for Nigeria’s growth trajectory.

Looking beyond the festivities, the event serves as a call to action to stimulate Nigeria’s economy, unlock potential in key sectors, and chart a bold course for the future.

Established in 1995, Afrinvest has established itself as a respected entity in Nigeria’s financial sector by offering data-driven insights, facilitating significant deals, and providing innovative asset management, showcasing a track record of foresight, proactivity, and leadership in navigating change.

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