CIBN, stakeholders to examine national economic outlook for 2020

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CIBN

By Kayode Tokede

The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with some key stakeholders in the financial sector is set to examine the nation’s economic outlook for this year.

The institute in a statement on Tuesday said there is strong indication that activities in the banking industry will be upbeat when captains of the industry, administrators, business owners and thought leaders in the economy convene in Lagos to examine economic and business outlook 2020.

The statement noted that the CIBN will be collaborating with the likes of B. Adedipe Associates Limited, others to examine how the economy going to perform in 2020.

According to the CIBN, the breakfast programme aims to examine the global and domestic economies in the past year and make projections for the current year.

The statement by CIBN stated that, “This year’s theme of the event is “Economic outlook: Implications for businesses in Nigeria in 2020”, the forum will have Keynote Speaker and Lead Discussants including Otunba Niyi Adebayo, Honorable Minister of Industry, Trade, & Investment; Dr Joseph Okwu Nnana, FCIB, Deputy Governor, Financial Systems Stability Directorate, Central Bank of Nigeria and Ms. Eme Essien, Country Director, International Finance Corporation (IFC)

Others include Hon. Samuel Egube, HCIB, Hon. Commissioner for Economic Planning & Budget, Lagos State; Mr. Emmanuel Ijewere, Chief Executive Officer, Best Foods Global Ltd; Mr. Kabir Tijjani, Executive Director, Business Development, North & Strategy, Premium Pension Ltd; Mr. Femi Awoyemi, CEO, Proshare and among others.

“It is also to note that the programme aims to review the expectations of local businesses concerning global economic and political developments; analyses the implications of the developing economic and political tendencies for key business sectors in Nigeria; discussing feasible business survival strategies and chart, practicable ways of mitigating business’ risks and improve performances.”

“Expected participants at the event are employees of financial institutions, regulatory bodies, commercial banks, development banks, microfinance banks, insurance companies, business owners and capital market operators.

“Others are employees of academic institutions, government ministries, departments and agencies, NGOs and other key stakeholders in the Nigerian economy.”

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