Nigerian banks profitability helps absorb higher credit losses —S & P Ratings

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Nigerian banks profitability helps absorb higher credit losses —S & P Ratings

The robust profitability of Nigerian banks is expected to continue in 2024, enabling them to absorb higher credit losses and meet increased capital requirements, according to S&P Global Ratings. The report, which assesses the resilience of Nigerian banks in the face of economic challenges, credits…

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