Godwin I Emefiele: Developments in the Nigerian economy and outlook

Keynote address by Mr Godwin I Emefiele, Governor of the Central Bank of Nigeria, at the 56th Chartered Institute of Bankers (CIBN) annual dinner, Lagos, 26 November 2021.

The views expressed in this speech are those of the speaker and not the view of the BIS.

(Protocols)

1.Good evening distinguished Ladies and Gentlemen. And thank you very much for the very warm reception accorded us here today. By now, I am sure everyone knows how I feel about this annual dinner, because since I became Governor of the CBN over seven year ago, this is perhaps the one event I have never missed at all. So to underscore how important this event is to me, today is my seventh consecutive Keynote address at the Chartered Institute of Bankers (CIBN) annual dinner.

2.It is therefore a great pleasure for me to be here today because it provides a veritable platform and a significant opportunity for me to engage with all stakeholders especially, professionals, practitioners and experts in the banking and Finance community. This dinner is an occasion to highlight important developments in our economy and apprise you of the policy initiatives and focus of the Central Bank of Nigeria towards realizing the ultimate goals of Macroeconomic and financial Stability.