New regulations in Nigeria that will reduce fee income and raise reserve requirements could curb growth in the financial sector.
Nigerian banks enjoyed a prosperous 2012, coming off a productive period of recovery that saw a wave a consolidation in the sector and the Asset Management Company of Nigeria (AMCON) soaking up N4.5 trillion (US$27.8 billionn) in toxic assets.
Banks in the Francophone region have remained stable due to the strict polices of the CFA franc zone.
The list of
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