Economic News Update

Nigerian banks remain strong, CBN tells Afreximbank

The Central Bank of Nigeria (CBN) has reiterated that the nation’s Deposit Money Banks are strong despite the ongoing challenges in the foreign exchange market.

CBN Governor, Godwin Emefiele, at the third quarterly meetings of the Board of Directors of the African Export-Import Bank (Afreximbank), in Lagos, yesterday, reaffirmed that the country’s banks remained strong.

 

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