Why further Naira devaluation will worsen banks asset quality, others–Analysts
Following the Moody’s Investors Service changes of Nigeria’s banking system outlook from stable to negative, a group of analysts at CSL Stockbrokers Limited has said a further devaluation of naira will worsen banks asset quality, erode capital and foreign currency liquidity. Responding to “Moody’s changes outlook on the Nigerian banking sector to negative” report, the Lagos based […]