Fitch: Capital Raise Absolving Impact Of Naira Devaluation On Bank

ShareLeading credit rating agency, Fitch Ratings, has said that the significant progress so far recorded by Nigerian lenders in raising core capital to meet new paidin capital requirements announced by the Central Bank of Nigeria (CBN) is supporting their recovery in capitalisation from the impact of naira devaluation, enhancing business growth and reducing the likelihood...The post Fitch: Capital Raise Absolving Impact Of Naira Devaluation On Bank appeared first on New Telegraph.

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