Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CIBN investiture to examine bank recapitalisation, industrial growth

The CIBN will examine how bank recapitalisation can support Nigeria’s industrial growth at its 2026 Fellowship Investiture in Lagos on October 31. Read More: https://punchng.com/cibn-investiture-to-examine-bank-recapitalisation-industrial-growth/

CIBN investiture to examine bank recapitalisation, industrial growth

The Chartered Institute of Bankers of Nigeria (CIBN) will convene its 2026 Fellowship Investiture in Lagos on October 31st, focusing on the utilization of capital raised through bank recapitalization to bolster Nigeria's industrial growth. The keynote speech, titled 'Bank Recapitalisation: Leveraging New Bank Capital for Nigeria’s Industrial Transformation,' will be delivered by Dr. Tayo Aduloju, CEO of the Nigerian Economic Summit Group.

This event aims to engage banking executives, policymakers, government officials, investors, and academics to evaluate the significance of enhanced bank capital in facilitating access to finance and stimulating economic expansion. Attendees include notable figures such as Deputy Chief of Staff to the Lagos State Governor, Mr. Sam Egube; Managing Director and CEO of the Nigeria Deposit Insurance Corporation, Mr. Thompson Sunday; Governor of the Bank of Sierra Leone, Dr. Ibrahim Stevens; and Managing Director and CEO of Quest Merchant Bank, Mr. Afolabi Olorode.

The ceremony will honor 755 recipients, with 18 receiving honorary fellowship awards, 460 becoming elected Fellows, and 277 senior bank management staff and academic community members conferred with honorary senior membership. Notable honorees include Dangote Cement Plc's chairman, Emmanuel Ikazoboh; Famfa Oil Limited's Vice Chairman, Chief Folorunsho Alakija; Ogun State Government's Secretary, Tokunbo Talabi; and the Federal Airports Authority of Nigeria's Managing Director, Mrs. Olubunmi Kuku.

CIBN's Team Lead for Corporate Communication and Brand Management, Mr. Taofik Sanni, emphasized that the awards recognize recipients' exceptional service, commitment to ethics and professionalism, and contributions to Nigeria's banking sector and economy. Special guests of honor include Lagos State Governor, Babajide Sanwo-Olu, and the Minister of State for Budget and Economic Planning, Hon. Doris Uzoka-Anite. Mallam Bello Maccido will preside over the hybrid event.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at punchng.com →

More in Finance & Markets

More from Thursday 29 October →