China is now a “post-transitional” society, where life expectancy has reached new heights, fertility has  2  BIS central bankers’ speeches  declined to below-replacement level, and rapid population ageing is expected over the next few decades. China’s population will start to shrink after reaching a peak of about 1.4 billion by 2025 A.D.
13. Activities at the Central Bank of Nigeria are being guided by the Bank’s blue print, christened “The Alpha Project (A4) Initiatives of the CBN”, which is built on 4 pillars, of enhancing the quality of banks, establishing financial stability, enabling healthy financial sector evolution and ensuring that financial sector contributes to the real economy. 14.