Stiff regulation, compliance cost may affect banking sector – Elumelu

Dailytrust | 12-09-2024 12:27pm |

The Chairman United Bank for Africa (UBA) Group, Tony Elumelu, says stiff regulation and compliance cost is currently limiting the ability of banks to contribute significantly to Nigeria’s Gross Domestic Product (GDP). He made the disclosure while delivering a keynote address in Abuja on Tuesday at the 17th Annual Banking and Finance Conference organised by [...]

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