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Wednesday, 12 October 2016

Oil sector exposure poses systemic risks to banking sector – CBN

Oil sector exposure poses systemic risks to banking sector – CBN
12 October 2016, Abuja – The Central Bank of Nigeria, CBN, has expressed concerns over the banks’ exposure to the oil and gas sector, stating that the huge exposure was capable of triggering systemic risks in the financial sector. CBN, in its June 2016 Financial Stability Report, stated that the huge exposure of banks to the […] More »

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