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Groups Take Nigeria to World Bank Forum When the World Bank and the IMF hold their Annual Meetings in October 1 - 3, 2004, in Washington DC, USA, there will be a showcase of investment opportunities in Nigeria, courtesy of Investmagazine, and Harness & Alban. Invest magazine, devoted to helping to promote Nigeria as a profitable investment destination, and Harness & Alban, a PR/brand management consultancy, have firmed up their plans to organise a one-day Investment Forum on the Nigerian Banking Industry during this period in Washington DC. The objective of the forum is to draw positive attention to Nigeria, especially the new opportunities arising from the CBN's policy to consolidate the nation's 89 banks into bigger and stronger players that are better equipped to compete in the global financial services market. About 10,000 international bankers, investors, and journalists are expected to attend the 2004 Annual Meetings in Washington DC. This is a captive audience of the who-is-who in global banking and finance. Nigeria's Finance Minister, Dr. Ngozi Okonjo - Iweala, and the Governor of the CBN, Prof. Charles Soludo, are among the speakers at this year's event. The organizers of the one-day investment forum on Nigeria have arranged to circulate copies of a special report that outlines the vision of Prof. Soludo for the Nigerian banking industry, and the modalities for the on-going bank consolidation programme. This special report will also profile the growing number of success stories of banks and companies that have approached the Nigeria stock exchange to raise funds in recent times. According to Mr Deba Uwadiae, the Managing Editor of Invest,"the huge oversubscription of the shares recorded by Standard Trust Bank, Guaranty Trust bank and Zenith Bank when they went to the capital market in 2004 are clear testaments to the resilience of the Nigerian banking industry, and its ability to emerge stronger at the end of the consolidation exercise". Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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