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Business

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Capital Market

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Insurance

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NSE, Bloomberg Set for 2nd CEO Roundtable Aug 31

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos.

The CEO Roundtable themed “Navigating the Changing Business Landscape in Nigeria” will bring together thought leaders and captains of industry to share in-depth knowledge about their sectors with capital market players and proffer much needed solutions to economic realities. The panel at the event will feature CEOs from the financial services, telecommunications and manufacturing sectors; CEOs from portfolio management firms and renowned economists.

Some of the confirmed speakers for the event include: Oscar N. Onyema – CEO, NSE, Segun Ogunsanya – CEO, Airtel Nigeria, Bolaji Balogun- CEO, Chapel Hill Denham, Mark Bohlund – Senior Economist, Africa and the Middle East, Bloomberg Intelligence and Uk Eke – GMD, FBN Holdings.

Speaking on the event, Oscar N. Onyema, Chief Executive Officer, NSE, said:

“The CEO Roundtable is in line with the commitment of the Exchange to provide a platform that ensures continuous dialogue to provide practical solutions for companies operating in Nigeria. The headwinds that have befallen the Nigerian economy presents an opportunity for businesses to take a step back, access the current situation and plan accordingly. It is expected that this event will critically examine the changes in the business landscape, highlight their impact and propose solutions that will enable businesses thrive and survive in the current environment”

“Bloomberg is working more closely than ever with key financial institutions and stakeholders in countries like Nigeria to help them grasp opportunities, tackle challenges, and bring more transparency to capital markets,” said Selloua Chakri, Head of Market Structure Strategy, Bloomberg.

“We’re delighted to partner with the NSE again to convene this prestigious group of business leaders for what will no doubt be a fascinating and informative discussion.”

The event will feature a panel session on the theme and will centre on financing capital projects & the real economy in the current environment, policy measures needed to grow the manufacturing sector’s contribution to the economy and maintaining & attracting foreign investment through the downturn. There will also be a macro-economic review to guide discussions.

About THE NSE

The Nigerian Stock Exchange, a company limited by guarantee, services the largest economy in Africa and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.

The Nigerian Stock Exchange continues to evolve to meet the needs of its valued customers, and to achieve the highest level of competitiveness. It is an open, professional and vibrant exchange, and the Entrepreneurial Growth hub of Africa.

The Nigerian Stock Exchange aspires to be Africa’s foremost securities exchange, connecting Nigeria, with the rest of Africa and the world.

About Bloomberg

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to approximately 325,000 subscribers globally.

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A.M. Best: European Insurers Continue Emerging Markets’ Growth

In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven successful, according to a new report published by A.M. Best. Well-capitalised insurers looked to overseas investments in order to improve margins during a time when traditional domestic markets remain mature and saturated, while low interest rates are hitting investment returns, said the report, titled “European Insurers Continue Overseas Expansion Drive but More Focused in Approach.”
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