Nigerian banks face largest income drop since 2016 – Businessday NG

The News or Article printed right here is property of the givenSource and so they have all of the possession rights Source hyperlink

Nigerian banks might see the most important yearly decline in revenues since 2016 by the tip of this 12 months, in keeping with estimates by Renaissance Capital and Fitch Ratings, which level to no less than a 20-percent dip. “Banks are coping with sluggish progress, fall in lending, an absence of international trade out there and asset high quality…

Subscribe to BusinessDay to learn full article – N1000 for two Month

Get actual time updates immediately on you gadget, subscribe now.


Source hyperlink