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Banks, firms in currency risk, capital erosion crisis as dollar hits N850

The falling naira has sent a shockwave across the market, throwing many bank chiefs off guard. Whereas the majority of the financial institutions hold foreign currency assets and liabilities..

Access Bank Acquires Another Bank in Angola, Moves to Dominate Africa

NEXIM partners Fidelity Bank, and Sapphital to grow Nigeria s export sector

June 29, 2023. Azonuchechi Chukwu. The Nigerian Export-Import Bank (NEXIM) has announced a strategic partnership with leading financial institution, Fidelity Bank Plc and Sapphital Learning Ltd, as part of efforts to boost Nigeria’s foreign exchange earnings. The partnership will help improve the skills and performance of export businesses in Nigeria by leveraging the NEXIM Export |

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