The global financial crisis and the post consolidation weakness in the Nigerian financial system, occasioned by illegal and criminal activities in some of the Nigerian Banks have given rise to a fragile financial system which the CBN has tried to fix in the last seventeen months. The result so far has been quite encouraging. We shall remain focused and committed to this cause.
Our goal is to bequeath to this country a stable financial system that will oil the wheels of economic development on a sustainable basis. We count on your support for this noble cause. Thank you for listening. 12  BIS central bankers’ speeches  References Eichengreen, B and R. Porter (1987) “The Anatomy of Financial Crises” in Richard Portes and Alexander Swoboda, eds.