Financial services in Nigeria

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  • Sir I am direct to a lessor who is capable of delivering BG/SBLC/MTN for lease which can be used in all forms of projects. Our banking instrument are fully cash backed hence can be transferred from one banking co-ordinate to another banking co-ordinate. We can carry out any bank to bank swift in accordance to our working procedures. we deal with the direct principal, brokers and mandate With a bank instrument you can establish line of credit with your bank or secure loan for your projects in which our bank instrument will serve a collateral in your bank to fund your project. Our leasing fee is 3.0% and brokers commission is (0.5%+x%), My commission is closed at 0.5% on the the lessor side while the X% is the lessee broker's commission hence the commission can be determined by the lessee broker. There is room for negotiation with our prices Mr Ronald Rajnesh Gounder Email:grounesh.advisory@outlook.com grounesh.advisory@yahoo.com Skype:grounesh.advisory
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Financial services in Nigeria

  1. 1. Nigerian  Financial  Services   A  snapshot  
  2. 2. What  this  isn’t  ᵠ  A  comprehensive  industry  overview  an  analysis  of   the  entire  financial  services  industry  in  Nigeria  ᵠ  An  in-­‐depth  competitive  review  of  all  the  sectors  in   which  you  play  ᵠ  A  primer  on  ARM  and  the  Nigerian  marketplace  
  3. 3. What  this  is  ᵠ  An  overview  of  the  big  stories  with  system     wide  implications  ᵠ  A  snapshot  of  current  events  that  are  likely  to   impact  your  business  in  the  short  to  medium  term  
  4. 4. In  Nigeria,  it’s  still  [mostly]  about  Banks  
  5. 5. After  the  crisis   ᵠ  Tightening  of  risk  management   procedures  led  to  a  lot  less  liquidity   in  the  marketplace   ᵠ  Companies  increasingly  turning  to   private  equity  as  a  source  of   funding   ᵠ  Shook  confidence  in  the  stock   market  (revealed  the  extent  to   which  the  ‘success’  was  driven  by   bad  loans)   ᵠ  Nigerian  brokers  began  to  take   positions  during  the  bubble;  when   the  crash  came,  a  lot  of  them  ran   into  trouble   ᵠ  Risk  management  now  an   important  niche,  currently  being   filled  by  international  expertise  
  6. 6. The  shakeout  continues?  ᵠ  Conventional  wisdom  is  that  further   consolidation  is  likely  in  the  Banking  sector  ᵠ  The  cream  should  rise  to  the  top   ᵠ  Fewer,  stronger,  better  run  institutions   ᵠ  Greater  transparency,  efficiency,  better   service   ᵠ  Deeper  talent  pools  
  7. 7. The  end  of    universal  banking  
  8. 8. The  Americans  are  coming   (well,  actually,  they’re  already  here)  ᵠ  The  big  American  investment  banks   are  setting  up  permanent  shop   ᵠ  Citigroup,  JP  Morgan,  Morgan   Stanley  all  already  have  offices  or   have  plans   ᵠ  Goldman  Sachs  doesn’t  have  an   office  but  is  committing  significant   resources  ᵠ  Means  there  are  enough  large,   private  sector  deals  to  justify  a   permanent  presence  ᵠ  Adding  to  competition,  but  also   mean  more  sophisticated  skill  set   and  deeper  experience  in  the   market  
  9. 9. Legislative  influence:  the  good  &  the  bad   ᵠ  Liberalization  of  restrictions  on   Pension  Funds  would  significantly   deepen  the  pool  money  available   for  investment   ᵠ  Legislation  pending  in  the  House   that  threatens  the  autonomy  of  the   CBN  and  potentially  politicize  fiscal   policy  
  10. 10. Outrageous  behaviour  and  skeletons   coming  out  of  the  closet  ᵠ  The  pension  scandal  ᵠ  The  fuel  subsidy  scandal  ᵠ  The  Otedola/Lawan  scandal  ᵠ  The  financial  services  industry  (especially   the  banks)  are  assumed  complicit  in   some  way  ᵠ  Feeds  a  general  sense  of  distrust  and   uncertainty  ᵠ  Reinforces  the  international  perception   of  uncontrolled  corruption  
  11. 11. …and?  ᵠ  Influx  of  skills,  potential  deepening  of  the  well  should  lead  to  a  more   sophisticated  market   ᵠ  Opportunity  to  lead  the  way  in  complex  transactions,  niche   competencies  ᵠ  Continued  caution  by  banks  remains  an  opportunity  for  private   equity  ᵠ  Continued  softness  in  stock  market  represents  an  opportunity  to   broaden  portfolios  of  wealth  management  clients  ᵠ  A  crowded  marketplace  (in  the  short  term)  means  more   competition,  but  also  an  opportunity  to  leverage  experience,  skill   and  delivery  to  ‘widen  the  gap’  ᵠ  As  always,  in  Nigeria,  there’s  a  hint  of  uncertainty:  CBN’s  autonomy   in  question,  more  surprises  from  the  banking  sector  (and  of  course,   Boko  Haram,  Power  and  all  the  other  macro  issues)  
  12. 12. DALU   Ẹ  SE   NA  GODE  [THANK  YOU]  

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