Financial Sector’s Pivotal Role in Economic Growth Highlighted at 2025 CIBN Conference

Comrade Amb Victor Monday Olajide, Abuja, Nigeria – September 10, 2025

The Group Chief Executive Officer of United Capital Plc, Mr. Peter Ashade, underscored the financial services sector’s critical role in shaping Nigeria’s economic trajectory during the 2025 Annual Banking and Finance Conference, organized by the Chartered Institute of Bankers of Nigeria (CIBN). Held at the Transcorp Hilton Hotel in Abuja, the event convened policymakers, banking executives, regulatory authorities, and other key stakeholders to discuss transformative strategies for sustainable economic growth.

In his address, Mr. Ashade emphasized the conference’s importance as a platform for proposing innovative solutions to support the government’s developmental agenda. “This conference is not just about dialogue; it’s about proffering actionable solutions that align with the government’s economic direction,” he stated. “We must engage across social, political, and economic platforms to ignite growth and foster long-term development.”

Representing President Bola Ahmed Tinubu, the Honourable Minister of Finance reaffirmed the administration’s commitment to collaborating with the private sector to achieve inclusive growth and economic stability. Discussions focused on key areas such as financial inclusion, public-private partnerships, regulatory reforms, and digital innovation, all aimed at strengthening Nigeria’s economic framework.

United Capital Plc, a leading financial and investment services group, played a prominent role at the conference, reaffirming its dedication to driving economic discourse and development. Mr. Ashade highlighted the group’s commitment to building a resilient financial ecosystem that supports both corporate growth and national development objectives.

The conference also featured contributions from leaders of commercial banks, fintech firms, development finance institutions, and academia, fostering collaboration and sharing insights on how the financial services sector can catalyze meaningful change in Nigeria.

As the nation navigates complex economic challenges, the 2025 CIBN Conference underscored the financial sector’s pivotal role in unlocking Nigeria’s potential for sustainable and inclusive growth.

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