FICAN 30th Anniversary: NDIC, Heritage Bank, Others Give Support

Stakeholders in the Banking and Finance sector are set to converge on Lagos at the 2021 Annual Conference and 30th anniversary celebration of the Finance Correspondents Association of Nigeria (FICAN).

The Nigeria Deposit Insurance Corporation (NDIC) Securities and Exchange Commission (SEC), the Central Bank of Nigeria (CBN), Central Securities Clearing System (CSCS) Plc are among the financial system regulators billed to grace the occasion and have already shown support to the association.

Others include; the Development Bank of Nigeria (DBN), the Nigerian Sovereign Investment Authority (NSIA) Access Bank, United Bank for Africa (UBA), Unity Bank, the Assets Management Corporation of Nigeria (AMCON), Stanbic IBTC, Association of Bureau De Change Operators of Nigeria, United Capital Limited, First City Monument Bank, and Ecobank.

The event which has the CBN, Nigeria Deposit Insurance Corporation (NDIC) and Heritage Bank Limited as top sponsors will be held on September 25th and 26th, 2021 at Ikeja, Lagos.

A statement from the association said the conference with the theme: “Financing Infrastructure & SMEs for Inclusive Growth in Post-COVID-19 Economy” would bring together leaders in the banking and finance, information technology, Small and Medium scale Enterprises (SMEs) sectors including regulators and government agencies as they explore areas Nigeria can mobilize patient funds for infrastructure upgrade and further development.

According to the Chairman of the association, Chima Nwokoji, the theme of the conference is apt as the country continues to grapple with infrastructure gaps, and the multiplier effects of COVID-19 on the entire economy as well as the financial service sector.

This, he stressed, has not allowed economic agents to feel the impact of government interventions and useful contributions of the banking and finance sectors to the Gross Domestic Product. To this end, he said, experts from the banking and financial service sector have been invited to deliberate on the theme extensively.

Top financial market experts and Panelists who have confirmed attendance include: Ifie Sekibo, Managing Director, Heritage Bank; Managing Director FMDQ, Bola Onadele-Koko, Director General, Debt Management Office, Patience Oniha; Managing Director Fidelity Bank Nneka Onyeali-Ikpe, officials of the CBN, Managing Director NSIA, Uche Orji; Central Bank of Nigeria (CBN), Managing Director/CEO Central Securities Clearing System Plc, Haruna Jalo-Waziri.

To make the event live up to expectations, the governor of the Central Bank of Nigeria is expected to be the Keynote Speaker while the Managing Director of NSIA will be the guest speaker.

According to FICAN, the experts and leaders in the financial services sector will provide robust insight on the overall topic with sub-themes: Synergising monetary and fiscal policy for economic sustainability; Filling infrastructure gap in the face of rising debts; Financing SMEs in the new normal; intricacies of mobilizing funds from the capital market and Financing Nigeria health sector in post Covid-19 economy.

A statement from the association disclosed that awards would be given to individuals and companies who have distinguished themselves in the financial services sector as well as supported FICAN in its 30-year journey.

The FICAN Conference comes up every year as a wrap up of the association’s monthly sponsored capacity building program. It is usually a platform to deliberate on, and proffer solutions to germane issues that affect the financial market and Nigerian economy in general.

Comment here