President Bola Tinubu has called on the financial services industry to channel its capital into productive investments and employment opportunities to drive economic development.

Tinubu said this at the 19th Chartered Institute of Bankers of Nigeria (CIBN) Annual Banking and Finance Conference in Abuja on Tuesday, saying that the resilience of the financial system would not be possible without businesses having access to affordable credit.

The Central Bank of Nigeria (CBN), however, assured that the benefits of the country’s improving macroeconomic indicators would soon filter through to households and businesses.

Meanwhile, the Chartered Institute of Bankers of Nigeria (CIBN) urged the Federal Government to adopt a multi-layered approach to curb the impact of the war between the United States and Iran.

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