Credit growth likely to weaken on naira depreciation

Given the depreciation of the naira exchange rate and the liberalisation of the forex market, credit growth is likely to remain subdued this year, a report has stated. Given the relatively weaker macro environment, the report, “Nigerian banks -Life after ’40,” by Renaissance Capital Limited, stated that many of the banks had guided for muted […]

Credit growth likely to weaken on naira depreciation

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