Investing
September 02, 2020
Market Review: Nigerian Private Equity Companies Should Explore Local Currency Options In Financing - Oluyemi Rufai
Nigerian-based Private Equity Companies should explore multi-currency options especially the "Naira" to improve their investments and financing activities in the economy.

The Head, SME Advisory First City Monument Bank, FCMB Mr Oluyemi Rufai gave this perspective as a guest on the Market Review show anchored by Ottoabasi Abasiekong which explored "Investment Activities of Private Equity Firms in Nigeria".

According to him it was important for Nigerian private equity firms, to divest from dollar denominated-funds to "Naira" funds which can enable sustainability in their operations. 

Mr Oluyemi Rufai also highlighted the Healthcare, Fintech, Agro-business and Renewable energy as major sectors that will continue to attract investments from PE firms and harped on the need for robust fiscal reforms in the nation.

Watch Video Courtesy WebTVNG
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