It said in a statement on Thursday that the event which held in Lagos provided a conducive environment for market leaders to dialogue on an array of key economic issues, ranging from the expected implementation of foreign exchange and monetary policy reforms, to interventions needed to address the challenges in the oil and gas sector.
The Chief Executive Officer, Standard Chartered Bank Nigeria, Lamin Manjang, during the event, noted that the session came at a time of great uncertainty and volatility both globally and locally marked by the spectre of high inflation and slow growth. Manjang said, “We have seen a very aggressive tightening of monetary policy across almost all central banks worldwide. In Nigeria, we have seen the same phenomenon of high inflation. But it’s not all doom and gloom. We have been through similar challenges in the past and we eventually came out of it.”