Report: Tight Monetary Policy Has Been Favourable to Some Banks

Report: Tight Monetary Policy Has Been Favourable to Some Banks

Obinna Chima The prevailing restrictive monetary policy environment in Nigeria has been favourable to some banks, a report by Renaissance Capital Limited has stated. The report titled: “Nigerian Banks: Survival of the Fittest,” obtained tuesday, stated that the relatively high yields on government securities created an environment for banks to grow their net interest income […]
Source: Report: Tight Monetary Policy Has Been Favourable to Some Banks

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post culled from thisdaylive