 The Chartered Institute of Bankers of Nigeria, CIPN, has declared a net operating surplus of 1.37 billion Nair for 2023, marking the significant growth from the 837.94 million Nair recorded in the previous year. This was announced by the outcome, President of the CIPN, Dr Ken Okbalar, during the Institute annual general meeting in Lagos, plus the correspondent, Love Ikukuo Yudokun, was there and now reports. In the 2023 annual general meeting, MAGM, an election of new officers who will stay at the face of the Institute for the next two years. The outgoing President, Dr Ken Okbalar, gave an open remark which was preceded by a minute of silence in honour of their departed colleagues. Departees, colleagues, operate and mention them, Mark Osam, Professor Mali, is the manor before the demonstration. Presenting his report, Dr Ken Okbalar said the Institute hit the billion Nair Mark, achieving a net operating surplus of 1.37 billion Nair in 2023, which represents a 63.60% growth. The net growth of 7.8 billion in 2023, 9.1 billion in 2023. The current income ratio for the year 80 December 2020, still at 50%, down from 59.4%, in the current 1.8 billion in 2023. The President expressed confident that the CIBN will continue to work stronger financially despite the economic downturns. After the presentation of Fox and Figures, the external auditors affirmed that the financial position on the CIBN was in agreement with a bulk of organs. And it was commendation all the way for the outgoing President, Dr Okbalar and his team for piloting the affairs of the Institute in an unprecedented growth. I was surprised to find that this went shift in reduction in the issue. So I think management has a greater efficiency, and I also know that the Council has done very well. So this is commendable. I have called management to continue to do those things that they've done, but have led to this reduced cost reduction. So what does the report provide again? As the past President or if it's a reality to your heart, you will see that the strategy trust has been followed, and we are growing in use and balance. And I hope that the incoming President and his team will observe the use and look at it and follow through. Each of them will come up and go like, I'm down, I'm up, I'm down, I'm down, I'm down, I'm down, I'm down, I'm down, I'm down, I'm down, I'm down. All the suppliers on ORAY-1G were elected as a new President of the Institute, along with other elected offices for the 2024-2026. Say no. For the post of the President, we have Professor ORAY-1, two powers, OLAF-80, Ph.D., FCI-D, the $600,000 grant. In his acceptance speech, ORAY-1G described the outgoing President as a great leader who had positioned the Institute in a path for good and good means. He said at the same path for us, as we are preparing for this transition, that a very good man, that a very good man, will remain in trust for a very long time. Because, you came in, you know, without people's trust, you wouldn't have been able to achieve, you wouldn't have achieved the support of this petition. We give thanks from the path of the Institute and what we are witnessing today. Once again, I want you to correct your dedication to duty. He thanked the leadership and members of the Institutes and promised to build open legacies of his predecessor, Love Ikuku Unidoku. Plus, TV News. Don't forget to hit the notification button so you get notified about fresh news updates.