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Afrinvest: Nigerian Banks Resilient Despite Economic Downturn  – THISDAYLIVE

Afrinvest: Nigerian Banks Resilient Despite Economic Downturn – THISDAYLIVE
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Commercial banks show modest improvement in regulatory indicators amidst economic crisis ― Afrinvest

The 2022 Afrinvest Banking Sector Report has shown that commercial banks recorded a modest improvement in all regulatory indicators despite daunting economic challenges. ....

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Afrinvest Foresees 15% Growth for Banking Sector in 2022, Cautions FG on Debt

Afrinvest Foresees 15% Growth for Banking Sector in 2022, Cautions FG on Debt
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Why Nigeria's revenue can't support debt service – Experts

Concerned over this, some experts and analysts in the financial sector doubt if the current borrowing model to support budget deficits is sustainable in the long run.
According to the Debt Management Office (DMO), as of March 2021, Nigeria’s public debt stock is N33.107tr or $87.230bn. This approved $6.18bn borrowing could shoot the figure to about $93.413bn or N35.510tr.
The Director General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, had, during the 2021 Annual General Meeting (AGM) of the African Development Bank (AfDB) in June, expressed concern that African countries growth prospects were further compromised by debt burden. ....

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The Changing Face of Niger Delta: How Shell's Onshore Divestments May Cause Insecurity, Environmental Pollution

Insecurity and job loss are two of several negative outcomes for the Niger Delta from a potential series of onshore divestments. ....

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