FirstBank set to host economic outlook webinar

First Bank of Nigeria Limited has announced its “Nigeria Economic Outlook Webinar” aimed at reflecting on the domestic and global economic trends that shaped 2021 and predicting the economic outlook for 2022.

According to a statement, the virtual event, themed “A Look Back at 2021, Lessons Learned – Looking Ahead 2022,” is set to be held on Thursday.

He added that the webinar would set the tone for the year by offering attendees the opportunity to learn directly from economic experts.

The bank said: “With the Nigerian economy growing at 2.7% in 2022, as projected by the International Monetary Fund, based on an expected recovery in crude oil prices and production, Nigeria will see its economic activities normalize.

“Key economic activities to watch in 2022 include global market trends, the removal of subsidies and the floating naira. However, recoveries in the oil sector and the maximization of the e-Naira could help control the parallel market.

According to the statement, Managing Director/Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, is the keynote speaker, while other speakers include Executive Director, Treasury and International Banking, First Bank of Nigeria, Ini Ebong.

FirstBank Group Head, Marketing and Corporate Communications Ms Folake Ani-Mumuney said: “Being woven into the fabric of society for over 127 years means we provide value, support and solutions. focused on innovation to our stakeholders, regardless of the challenges of the pandemic.

“Our commitment to nation building is anchored in part on our thought leadership role designed to relentlessly drive growth and scale for all through engagements that showcase versatile subject matter experts with valuable expertise, knowledge and information.

“The webinar provides a platform for the cross-fertilization of ideas and opportunities to learn and grow. Nigeria is a country rich in human and natural resources and these have contributed to the reforms and resilience reflected in the economy in 2021.”

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