CBN Emphasizes Digital Innovation for Economic Growth

The Central Bank of Nigeria (CBN) has reiterated its dedication to fostering digital innovation as a driver of economic growth. Dr. Balla Bello, Deputy Governor of Fiscal System Stability, emphasized the bank’s strategic focus on creating an environment conducive to innovation and entrepreneurship during a discussion with participants from the Senior Executive Course (SEC 46) of the National Institute for Strategic Studies in Abuja.

The National Institute for Strategic Studies (NIPSS) plays a crucial role in nurturing top technocrats who play key roles in formulating innovative policies and executing strategic plans essential for Nigeria’s progress.

In another development, the Electoral Committee of the association, led by Oluseun Abimbola (SAN), unveiled plans for electronic voting during the opening of nomination forms in Abuja. Abimbola assured members of the transparency of the process and disclosed that guidelines would be issued to govern each stage.

Responding to questions about result transparency, Abimbola stated that candidates and their representatives would have access to the system’s backend. He highlighted the need for secure technical support, especially considering the large membership base of the association.

Abimbola also provided updates on the number of form submissions, indicating over 50 submissions as of Monday, and assured transparency throughout the election process.

The commitment to digital innovation by the CBN and the adoption of electronic voting by the association reflect ongoing efforts to embrace technological advancements for economic and institutional advancement in Nigeria.


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