FBN Merchant Bank said it will team up with the global research and consultancy firm, Oxford Business Group (OBG) to produce the financial chapter of The Report: Nigeria 2017.
The report will highlight the pivotal part Nigeriaâ€™s banks are playing in the countryâ€™s broader diversification efforts by boosting lending to the private sector.
It would chart the performance that the nationâ€™s financial sector continues to deliver at home, despite the challenging economic climate, while also considering its role as a regional gateway.
In addition, OBGâ€™s publication would analyse the impact that a tight monetary policy, implemented against a backdrop of lower hydrocarbons revenues and currency volatility, has had on Nigeriaâ€™s lenders.
“This partnership comes under the three-year memorandum of understanding (MoU) between FBN Merchant Bank and Oxford Business Group, which is now in its second year. The Report will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments,” a statement from the bank added.
The Head of Marketing and Corporate Communications at FBN Merchant Bank, Lolade Sasore, said she expects the bankâ€™s partnership with OBG to explore the effect that the current economy and tight fiscal policy has had on both Nigeriaâ€™s lenders and borrowers.