Worried by the dwindling inflow of foreign direct investment (FDI) in Nigeria, the Association of Investment Advisers and Portfolio Managers (IAPM) has renewed commitments to attract global investors to Nigeria as chosen investment destination. This was stated at the 2021 Investment Advisers and Portfolio Managers’ Conference themed: “The Future of FDI to Africa: Building a Competitive and World Leading Finance Centre and the Role of Investment Advisers.” Speaking at the forum, IAPM President and Chairman Council, Prince Abimbola Olashore, noted that the most salient features of today globalisation drive is in conscious promotion of cross-border investments especially by transnational corporations and firms. The forum was a convergence of experts across the financial services industry to chart way for provision of world-class investment advisory services that would further endear Nigeria and Africa to foreign investors as havens for off-shore funds. According to Olashore, many developing countries in Africa have made deliberate policies to attract Foreign Direct Investment (FDI) as an important element in their strategies to grow their economies.
