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How can Nigerian merchant banks drive profitability in H2?

As banks position for the second half of the year, earlier Fitch Ratings said profitability for Nigerian banks is expected to improve as business volumes pick up in the stronger growth environment. For Merchant Banks, Nigeria’s Nova Merchant Bank declared a dividend of 800 million naira for 2020. Managing Director and CEO Nath Ude joins CNBC Africa to share his outlook for the rest of the year and how merchant banks can stay profitable.

Mon, 19 Jul 2021 12:01:49 GMT

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