Investors in the Nigerian equity market lost another N478 billion at the close of trading …
Read More »Nigeria’s booming banks and collapsing economy
Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, while the real economy continues to experience sluggishness. At a time when millions of Nigerians are increasingly slipping into poverty, when inflation continues to erode household incomes, when the business world is collapsing due …
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