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Banking

COVID-19: 22 Banks Make Desperate Call To CBN Over Thousands Of Loans

By Hamilton Nwosa(Head, The New Diplomat’s Business and data tracking desk) As the effects of the pernicious COVID-19 pandemic continue to make landfall, managers of...
Business

Moody’s Raises Fresh Alarm, Says Foreign Currency Shortage Looms In Nigeria

Blames Dwindling Oil Revenue, Reduced Diasporan Remittances Global rating agency, Moody’s has raised a fresh alarm that Nigeria's banks are facing acute foreign currency...

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