Banks face new profitability challenges …Rising credit costs cast a pall on projections

BY EMEKA EJERE Continuous liquidity deficit in the Nigeria’s banking sector has left the players depending heavily on the Central Bank of Nigeria (CBN) in order to meet their obligation. This has seen the lenders’ borrowings from the CBN jumping by more than three folds in the last six years, with many market analysts blaming … Continue reading Banks face new profitability challenges …Rising credit costs cast a pall on projections