Nigeria's leading finance and market intelligence news report.

Despite tough year Banks seen ending 2018 with higher ROE, profit margins

2018 was tough year for banks in Africa’s largest economy as stocks capitulated to global geopolitical risk, a sluggish growth in economy and the uncertainties surrounding elections, and the bearish trend has spilled into 2019. Amid these global and local macroeconomic headwinds, analysts forecast that the country’s lenders will turn each Naira collected in revenue…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.