Afrinvest Unveils 20th Edition Of Nigerian Banking Sector Report

In celebrating its 30th anniversary, Afrinvest (West Africa) Limited will unveil the 20th edition of its flagship Nigerian Banking Sector Report.

The report, themed ‘ACT-BOLD: Turbocharging Nigeria to A New Growth Frontier’, highlights the need for extraordinary reforms and strategic investments to position Nigeria as a competitive player in the global economy.

Speaking ahead of the anniversary, the Group managing director of Afrinvest, Ike Chioke, noted, “Afrinvest at 30 is not just a celebration of longevity; it is a proof of resilience, innovation, and our unyielding commitment to building a more inclusive and prosperous Nigerian economy.

“As we reflect on the past, we also look ahead with a challenge to stakeholders: act boldly, think differently and work collaboratively to unlock Nigeria’s true potential in line with the government’s $1 trillion economy goal.”

The deputy GMD, Afrinvest, Victor Ndukauba, stated, “this milestone gives us a moment to take stock of our journey, from one of the earliest Nigerian stock brokerage firms to the present, where we proudly stand as an advisory partner of choice for investment banking, asset management, securities trading, trust services, consultancy & research, and FinTech. Afrinvest has consistently demonstrated that with the right vision, integrity and innovation, Nigerian financial institutions can compete globally.”

Emphasising the importance of the report, the managing director, Afrinvest Consulting Limited, Abiodun Keripe, said, “the BSR has become a trusted resource for regulators, investors and development partners. This year’s theme speaks directly to the urgency to diversify the economy and harness the power of seven high-impact sectors: Agriculture, Creatives, Tourism & Hospitality, Banking & Finance, Oil & Gas, Logistics, and Domestic Manufacturing.”

The 2025 BSR arrives at a time of significant global uncertainty. According to the International Monetary Fund’s latest World Economic Outlook, global growth is projected at 3.0 per cent in 2025, up from the 2.8 per cent forecast earlier in the year, but still fragile due to lingering tariff shocks, FX volatility and distorted financial conditions. Sub-Saharan Africa, however, is expected to grow by 4.0 per cent, supported by commodities and strong export demand.

This macro environment points to the need for extraordinary reforms and strategic investments to position Nigeria as a competitive player in the global economy.

The celebration will feature keynote speeches, thought leadership sessions and networking opportunities designed to inspire actionable solutions for the next phase of Nigeria’s growth.

Beyond the celebrations, the event is a call to action; to turbocharge Nigeria’s economy, unlock opportunities across key sectors, and chart a bold path for the next generation.

Founded in 1995, Afrinvest has evolved into a trusted voice in Nigeria’s financial landscape, pioneering data-driven insights, structuring landmark deals and providing innovative asset management. Over the past 30 years, the firm has built a reputation for anticipating change and charting bold courses for investors, policymakers and businesses.