Tag: Analysts forecast that major banks in Nigeria would likely see a decline in earnings this year

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Afreximbank predicts decline in Nigerian banks’ earnings

Analysts forecast that major banks in Nigeria would likely see a decline in earnings this year, which is attributed to challenges posed by the regulatory and market changes, according to a new report by Afreximbank. In the report, Nigerian banks especially, those dependent on foreign exchange, may suffer from a decline in their earnings as […]