The performance of the Nigerian economy in 2017 will be driven by the quality of reforms initiated by fiscal and monetary policy authorities.
The Managing Director of FirstBank of Nigeria Limited, Adesola Adeduntan said the outlook for the banking sector would reflect the fortunes of the Nigerian economy.
According to him, the main transmission is consumer spending, which shows up in retail deposits, card usage, and retail loans.
On his part, the CEO of Access Bank Plc, Herbert Wigwe, the current economic situation requires coordinated efforts by government.
He mentioned that both the monetary and fiscal authorities should initiate common policies for economic growth.