Emefiele, Others to Discuss Emerging Financial Stability Risks

By Dipo Olowookere

On Thursday, October 8, 2020, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, and the Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, will join others to discuss some emerging financial stability risks and the policies that can be formulated to address them.

The event is organised by the Nigerian Stock Exchange (NSE) and is themed The Future of the Financial Services Industry Post COVID-19.

Apart from the two persons earlier mentioned to speak at the event, others include Deputy CBN Governor, Ms Aishah Ahmad; MD/CEO of Interswitch, Mr Mitchell Elegbe; CEO of Chapel Hill Denham, Mr Bolaji Balogun; Managing Partner at KPMG Nigeria, Mr Kunle Elebute; Academic Director, Information Systems & Digital Transformation, Lagos Business School, Prof. Yinka David- West; MD/CEO, InfraCredit, Mr Chinua Azubike; and Partner/Co-Founder of Verod Capital, Mr Eric Idaihi.

These financial experts will join other market stakeholders to share valuable experiences in managing the impact of the pandemic, as well as discuss the future of the Nigerian financial market, with the goal of charting a route to a sustainable future.

The CEO of the NSE, Mr Oscar Onyema, while speaking about the webinar, noted that, “The world is facing unprecedented challenges occasioned by the COVID-19 pandemic.

“Considering this, the global financial system remains an area of potential risk, with record levels of market volatility and growing concern around credit losses and its attendant impact on overall asset quality, capital and liquidity.

“Governments, regulators, and international organisations have moved rapidly to address the economic collapse and financial fallout, but questions remain around how policy should continue to evolve to preserve financial stability.

“With this webinar, we envision that the insights gathered will lead to actionable solutions, policies and measures that can mitigate current and emerging financial stability risks.”

Business Post reports that interested participants can register to attend the webinar at http://bit.ly/nse-financial-webinar.