2019 Agenda

Chairman's welcome address

Speakers

• Kobby Bentsi-Enchill, Executive Director, Stanbic IBTC

Sponsor Opening Remarks

Speakers

• Demola Sogunle, Chief Executive, Stanbic IBTC

Presentation: Nigeria’s financing strategy 2019/2020

• What are Nigeria’s financing needs over the next fiscal year? How much and in what format is Nigeria looking to borrow?
• What role will Islamic finance/sukuk play in the DMO’s financing strategy?
• What other innovative funding instruments is Nigeria considering? (e.g. Naira denominated USD settled “Jollof” bonds, Diaspora bonds, etc.)
• Macroeconomic factors and commodity prices: How will this impact Nigeria’s financing strategy?

Speakers

• Patience Oniha, Director-General, Debt Management Office, Nigeria

Debt, oil prices and new initiatives: How will domestic and regional, economic and geo-political developments impact Nigeria in 2020?

• Debt sustainability and revenue mobilisation – how can Nigeria optimise domestic revenue collection and approach fundraising to achieve a balanced debt to GDP ratio?
• Politics and oil prices: Will growth pick up off the back of rising oil prices and a new administration?
• Assessing the effectiveness of the Economic Recovery and Growth Plan – assessing the impact of the programme and next steps
• What does banking sector consolidation mean for credit growth, availability of credit and the health of the banking sector?
• To what extent will the African continental Free Trade Agreement have a transformational effect on Nigeria and the continent as a whole?

Moderator

• Dalu Ajene, Head: Coverage, Rand Merchant Bank (RMB)

Speakers

• Yemi Kale, Statistician-General, National Bureau of Statistics, Nigeria

• Cheta Nwanze, Head of Research, SBM Intelligence

• Akin Majekodunmi, Vice President - Senior Credit Officer, Moody's Investors Service

• Emmanuel Adamgbe, Principal Economist, Governor's Office, Central Bank of Nigeria

Successfully launching a capital market transaction: A step-by-step guide to issuing a bond

• Why and how does the bond program meet a company’s objectives?

• Execution and political and economic environment: How to position the business to both local and international investors
• Why timing is key: How can issuance timetables be made more efficient? Are the costs and disclosure requirements prohibitive?
• What is the role of the issuing house? What should issuers expect from them?
• How do issuers develop relationships with investors e.g. non-deal roadshows, reporting, etc.?
• How is pricing determined? How does the rating affect pricing? Is there a “new issuer premium”?
• Working capital financing: Assessing the advantages and disadvantages of commercial paper
• Islamic finance: Advantages vs. disadvantages of issuing sukuk

Moderator

• Ikechukwu Omeruah, Head, Debt Capital Markets,

Speakers

• Brian Marcus, Head of Corporate Finance, Seplat Energy

• John Maguire, Chief Financial Officer, InterSwitch

• Babjide Ibironke, Chief Financial Officer, Viathan

Coffee & Networking Break

Investors perception of Nigerian credit - where are the opportunities?

• Where does Nigeria sit within regional and global investors’ portfolios? Who are the largest buyers of Nigerian credit?
• Convincing local institutional investors to take on additional credit risk: How can corporates fight against the flight to quality?
• What can Nigerian companies do to make themselves more attractive to international investors?
• Nigerian Banks – A main focus of global investors. What is the credit story there?

Moderator

• Tokunbo Aturamu, Senior Vice President, Debt Capital Markets, Stanbic IBTC

Speakers

• Mahin Dissanayake, Senior Director – Head of EMEA, Fitch Ratings

• Lanre Mohammed, Fund Manager, Stanbic IBTC Asset Management

• Stephen Amodu, Head of Risk Management, Monitoring and Internal Control, Lagos State Employment Trust Fund

• Tutu Owolabi-Kadiku, Portfolio Manager, FBN Quest Asset Management

• Olumide Lala, Africa Markets - Programme Manager, Climate Bonds Initiative

Analysing the value of ESG beyond the hype: Why Environment, Social and Governance (ESG) is a core priority for 2020

• Green bonds– comparable success stories and case studies: What are the lessons to be learned?
• How are green bonds structured and sold? What are the legal and structuring cost implications?
• Who are the buyers of green bonds? How does the process by which investors buy green bonds differ to the way they buy vanilla bonds?
• Who can issue? What is required in terms of guidance and regulation to facilitate the issuance of green bonds?
• Which sectors are well positioned to take advantage of this trending product
• How to “green” your business: What practices can you embrace to make your business more sustainable?
• How can Nigeria push the envelop to entrench concepts of sustainability, address the electricity supply gap, and create greater awareness of environmental issues?
• Why must issuers focus on ESG scores to secure long-term sponsorship?
• How to quantify and qualify benefits of ESG to issuers and fixed income investors

Moderator

• Samira Mensah, Director - Financial Ratings Service,

Speakers

• Babjide Ibironke, Chief Financial Officer, Viathan

• Olumide Lala, Africa Markets - Programme Manager, Climate Bonds Initiative

• Obi Ugochuka, Managing Partner, GCA Capital Partners

• Ola Toba, Director, West African Region, EBS Advisory

• Sunmbo Olatunji, Group Treasurer, Access Bank

Networking lunch

Funding Nigeria’s housing gap – what strategies are the public and private sector implementing to develop the sector?

• What is the government’s national housing strategy?
• What frameworks are being put in place to allow for PFAs to invest into the housing sector? What are the implications for market liquidity?
• What new financing solutions are introduced to increase housing investment? How much appetite do lenders and investors have for them?
• How are developers balancing high interest rates and production costs with supplying affordable housing?
• How can the capital markets contribute towards bridging the housing gap?

Speakers

• Dave Uduanu, Managing Director & Chief Executive Officer, Sigma pensions

• Benson Ajayi, Group CFO, Mixta Africa

• Ehikioya Henry Agenmonmen, Founder, Fencas Real Estate Development Company

• Abbas Abdulkadir, Head of Bonds, Securities and Exchange Commission, Nigeria

Spotlight on Nigeria’s energy and infrastructure sectors: Funding and risk management solutions for lenders, investors and developers

• Commercial banks, DFIs, ECAs, investors: Who is funding Nigeria’s energy and infrastructure project pipelines? What types of projects are they looking to finance?
• Managing long-term project risk: How much Nigerian project risk are lenders and investors ready to take on? How can they successfully protect their positions?
• How does the involvement of local currency guarantors impact the funding of long-term projects?
• Equity vs debt: What is the most cost-effective solution for funding Nigeria’s energy and infrastructure pipeline?

Moderator

• Cody Aduloju, Regional Head of Energy and Infrastructure Finance, Standard Bank

Speakers

• Anshul Rai, Chief Executive Officer – Nigeria Infrastructure Debt Fund, Chapel Hill Denham

• Damilola Agbaje, Investment Principal, African Infrastructure Investment Managers

• Timothy Ononiwu, Chief Financial Officer, Axxela

• Anhad Narula, Chief Executive Officer & Head of Fund, Africa Plus Partners

Closing Remarks

Speakers

• Funso Akere, Chief Executive, Stanbic IBTC