Nigeria's leading finance and market intelligence news report.

Nigerian Banks groan under huge write offs

As 2020 dawned, bankers were digging out of the harsh regulatory environment and a stock market rout that sent share price tumbling, as investors continued to dump shares over poor corporate performance and lack of policy direction on the part of the Buhari led administration. Now, as Covid-19 wreaks havoc, a gathering tsunami of distressed…

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