Nigeria bank earnings to come under pressure in next 12 to 18 months – Moody’s

PUBLISHED: Tue, 08 May 2018 08:37:31 GMT


Moody’s investors service says it expects Nigeria’s foreign currency liquidity risks to continue to stabilise over the next 12 to 18 months. However, Moody’s notes that bank earnings are expected to come under pressure and capital metrics to decline marginally over the same period. Akintunde Majekodunmi, Vice President and Banking Analyst at Moody’s joins CNBC Africa to discuss this report.

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