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NSE plans webinar on impact of COVID-19 on financial market

The Nigerian Stock Exchange (NSE) is scheduled to host financial industry leaders in a webinar to discuss the impact of the COVID-19 pandemic on the Nigerian financial market.

In a press release made available on the Exchange’s website, the event will be promulgated by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele CON, and the Director-General of the Securities and Exchange Commission, Mr. Lamido Yuguda.

In the same vein, the programme will be graced by a host of industry leaders, drawn from both the public and private sectors, to discuss emerging financial stability risks, the evolving public policy response, and long-term challenges for the financial system.

The theme of the programme is; “The Future of the Financial Services Industry Post COVID-19″, and it promises to bring together market stakeholders to share valuable experience 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.

Commenting on the rationale of the webinar, the CEO, NSE, Mr. Oscar N. Onyema OON, 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 organizations 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.”

Important keynote speakers expected to grace the webinar include; Ms. Aishah Ahmad, Deputy Governor, CBN; Mr. Mitchell Elegbe, MD/CEO, Interswitch; Mr. Bolaji Balogun, CEO, Chapel Hill Denham; Mr. Kunle Elebute, Managing Partner, KPMG Nigeria; Prof. Yinka David- West, Academic Director, Information Systems & Digital Transformation, Lagos Business School; Mr. Chinua Azubike, MD/CEO, InfraCredit; and Mr. Eric Idaihi, Partner/Co-Founder, Verod Capital. 

Adewale Nurudeen

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