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CIBN Promoting Professionals In Banking And Finance Nationwide
By JABIRU A HASSAN.
The Chartered Institute Of Bankers Of Nigeria (CIBN) is rapidly advancing to a continental and global organisation that vows to promote banking and finance professionals that can be trusted at all levels.
It is gratifying to write this piece about CIBN especially at present when i found the organisation as straight forward, Promising and with competent leaders that can be proud of in the Banking and finance sector.
I am pleased to be one of the people that witnessed the foundation laying ceremony for the construction of an ultra-modern Bankers Hall at the school of management studies Kano eight months ago, and at the same time, i was opportuned to witnessed the commissioning ceremoney that was held Monday, 19th December 2022 with all the relevant personalities in attendance.
The commissioning of the Banker’s Hall has proven that CIBN is one of the most formidable institute that sticks to it’s promises which is an indication that the leaders across the Six Geo- Political zones are working collectively to actualize all what they planned to offer as corporate services to human endeavor.
I can remember what the Kano CIBN zonal chairman Malam Aliyu Wada Nas told me during the foundation laying ceremony of the Bankers Hall, that ” by the special grace of God, the Banker’s Hall would be constructed and commissioned immediately after completion, and I assure you that our institute is working collectively to actualize all what we intends to do in order to promote Banking and finance profession”.
I wish to commend the CIBN under the stewardship of Dr. Ken Opara and his national executives, and at the same time thanked the Kano zonal chairman Malam Aliyu Wada Nas and his dedicated Media Icon Mr. Vinatius Okpareke Kasarachi, who were always ready to answer our questions on the issues relates to the construction of Banker’s Hall at Kano state polytechnic.
I am also happy that the beneficiaries, of the project who are the students reading Banking and finance have reassured the CIBN that the edifice would be used for the porposes of its construction especially when it contains all the required modern learning materials that can be needed to get knowledge.
Similarly, i am optimistic that the Kano Poly Rector, Associate Professor Kabiru Bello Dungurawa would continue to provide conducive learning atmosphere at the schools under his mandate through his Seven Points agenda which we have seen it as a reality since inception.
Finally, wish to recognise the supports being rendered by Malam Auwal Isma’il Bagwai who always supports us whenever we needs more details about the relashionships between Kano state Polytechnic and media organisations.
December 20, 2022
CIBN Commended For Construction A Bankers Hall At Kano School Of Management
By Jabiru Hassan, Kano.
The Chartered Institute Of Bankers Of Nigeria,(CIBN) have been commended for constructing an ultra-modern Bankers Hall at the school of management studies, Kano state polytechnic which would continue to be of great benefit to students studying Banking and finance.
Our correspondent who had series of interviews with the students and other professionals in Banking and finance sector as well as the management of the Kano state polytechnic reported that all those who talk to Daybreak Newspaper described the feature from the CIBN as commendable.
Alhaji Nuraddeen Lawan who is a professional accountant disclosed that the Chartered institute of Bankers has been recognized as one of the best professional body that is working towards the progress of Banking and finance sector like what is being seen across Nigeria.
” I was there when the groundbreaking laying foundation ceremony was held at the school of management studies, where the national president of the CIBN and his lieutenants promised to complete the Banking Hall within an estimated time which is now completed with every necessary facilities that aids learning activities, we appreciate this development from professionals”. He concluded.
In his remark comrade Nasir Isah Musa, President Banking and finance students union stated that CIBN would continue to be remembered for providing the Bankers Hall when it is due, where he thanked the Kano zonal officers of the institute, under the stewardship of Alhaji Aliyu Wada Nas for being a good CIBN ambassadors.
Dr. Kabir Bello Dungurawa, the Rector Kano state polytechnic lamented that what CIBN did has shown that the Institute is trying it’s utmost best to ensure that more professionals emerges in Banking and finance sector by providing one o the best Banking Hall for students, urging other professional bodies to emulate CIBN in their corporate social responsibilities projects.
November 15, 2022
2020: CIBN boss says Nigeria’s economic growth may not be up to 3%
Dr Uche Olowu, the President of the Chartered Institute of Bankers of Nigeria (CIBN), on Thursday said Nigeria’s economy, in 2020, might record a gradual growth in its Gross Domestic Product (GDP) that would not be up to three per cent.
Olowu, said this at a forum on 2020 Economic Outlook, organised by the Finance Correspondents Association of Nigeria (FICAN), in conjunction with Polaris Bank, in Lagos.
He said the Nigeria’s GDP growth rate might increase from the present 2.4 per cent to 2.6 per cent.
The forum also reviewed the economic activities and policies in 2019, as well as its implementation and impact on people and the country in general.
Olowu said that inflationary pressure might also continue as a result of the approval and implementation of the new minimum wage which could lead to increase in consumer spending.
He, therefore, called on the federal government to allow the private sector to participate more in the national development.
According to him, the public sector alone can not provide the growth needed.
Olowu said: ” The only way we can boost the country’s economic growth is to be market oriented; that is, by allowing the private sector to do more.
“There is no way the public sector can sustain the rebuilding of this economy.
“We need a level playing field, a healthy competition that will be fair, transparent and open to rule of law.
“If this is done, we will be able to get it right.”
Olowu said it would be better if the government embarked on domestic borrowing, as it was attractive because of the low interest rate, following increase in Loan to Deposit Ratio (LDR), recently raised to 65 per cent.
According to him, this will help to grow the economy.
The CIBN boss said the basic model to economic growth was having access to credit.
He also said the economy needed sufficient growth drivers that would balance development.
Olowu urged government to confront reality and ensure development was more inclusive and balanced.
The financial expert said that there was the need for government to find a way of diversifying the economy, even though, oil continued to have a major role to play in her economy.
Olowu suggested that subsidy should be given for production and not for consumption.
“What this means is that you incentify the people, create a level playing field that will enable economic actors and inspire confidence,” he said.
The CIBN chairman, therefore, appealed to government to do more on ethical and value reorientation.
He advised government to communicate and feed those that it wanted to woo with the right dosage of message and act it as well.(NAN)
January 10, 2020