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Nigeria: CBN's Regulations May Be Harmful for Economic Stability - Fitch

Fitch Ratings has said the Central Bank of Nigeria may be issuing regulations that would hinder the banking sector support to revised the Nigerian economy as it revised the Outlook on the Long-Term Issuer Default Ratings (IDRs) of five Nigerian banks and one bank holding company to Positive from Stable, as it affirmed the Long-term IDRs at 'B-'. ....

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