RMB Nigeria, a leading corporate and investment bank in Africa, made a significant impact at the Global Trade Review (GTR) West Africa Conference 2025. Held in Lagos recently, the event, themed "Financing Growth in West Africa's Trade Epicentre," brought together industry experts, influential personalities, and key stakeholders to shape the future of trade in the region.
With support from major regional players, the conference featured over 45 speakers across two dynamic days of knowledge sharing and networking. GTR West Africa 2025 provided a platform for forging unique connections and exploring the latest trends, policies, and factors influencing trade, supply chains, infrastructure, and export financing in West Africa.
Oluwaseyi Onanuga, Head of Treasury and Trade Solutions at RMB Nigeria, was a panelist in the discussion, “Ghana, Nigeria and Beyond: Assessing Trade Prospects.” Onanuga highlighted key reforms and developments boosting investor sentiment and the financing environment. "The robust economic reforms initiated by Nigeria's current administration are commendable steps towards advancing the economy. Measures like removing fuel subsidies and liberalizing the foreign exchange market aim to foster macroeconomic stability and attract both local and foreign capital. Additionally, the Central Bank of Nigeria's financial sector reforms are strategic efforts to safeguard the economy and bolster investor confidence," he said.
With Nigeria and Ghana poised for significant strides in 2025, the outlook for trade finance is bright. "We anticipate robust growth in intra-African commerce under the African Continental Free Trade Area. Enhancements to regulatory frameworks and payment-settlement infrastructures will broaden the trade-finance market, drive down transaction costs, reduce concentration risk, lower barriers to entry for emerging players, and foster a more inclusive and resilient trading environment in the region," he added.
About RMB Nigeria Limited:
RMB Nigeria Limited is a leading African Corporate and Investment Bank and is a member of the FirstRand Group. RMB Nigeria offers its clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. For more information, visit www.rmb.com.ng
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