Business Fitch issues warning on profitability of Nigerian banks – Vanguard News

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Fitch Rating agency yesterday warned that Nigerian banks will struggle to sustain the same level of profitability this year due to reduction in government borrowing through treasury bills (T-Bills). Last year the federal government introduced a new debt strategy designed to refinance some of its maturing domestic …

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via Vanguard News – http://ift.tt/2qsTBUy --- By Babajide Komolafe

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