Afrinvest (West Africa) Ltd. has unveiled the 20th edition of its Nigerian Banking Sector Report (BSR) as part of activities marking its 30th anniversary.
The Group Managing Director (GMD) of Afrinvest, Mr Ike Chioke, in a statement on Sunday, said that the report would outline strategies across seven high-impact sectors to accelerate Nigeria’s drive toward a one trillion-dollar economy target.
Chioke said that the milestone reinforced the firm’s role as a thought leader in shaping policy and advancing innovation in the financial services industry.
He said the report, launched at a time of fragile global growth and domestic economic pressures, was designed to guide policymakers and investors on bold reforms needed to reposition Nigeria for competitiveness.
According to him, the theme for the 2025 BSR would be “ACT-BOLD: Turbocharging Nigeria to a New Growth Frontier,”
He said, “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 $1tn economy goal.”
Also, the Deputy GMD, Afrinvest, Mr Victor Ndukauba, said, “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 Ltd., Mr Abiodun Keripe, said, “The BSR has become a trusted resource for regulators, investors and development partners.
“This year’s theme, ‘ACT-BOLD: Turbocharging Nigeria to A New Growth Frontier’, 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.”
Keripe noted that the 2025 Banking Sector Report was being released at a time of significant global uncertainty.
He said the International Monetary Fund’s latest World Economic Outlook projected global growth at 3.0 per cent in 2025, up from 2.8 per cent earlier forecast, but still fragile due to tariff shocks, foreign exchange volatility and distorted financial conditions.
According to him, Sub-Saharan Africa is expected to record a 4.0 per cent growth, driven by commodities and strong export demand.
Keripe stressed that this macroeconomic environment underscored the urgency for extraordinary reforms and strategic investments to position Nigeria as a competitive player in the global economy.
He said that beyond marking Afrinvest’s 30th anniversary, the celebration was a call to action to unlock opportunities across key sectors, inspire bold ideas and chart a sustainable path for the next generation.
