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A leading Credit rating agency, Fitch Ratings, says that the proposed foreign currency gateway bank announced by the Central Bank of Nigeria may have a negative impact on the liquidity of Nigerian banks. This was disclosed in the latest Fitch Ratings commentary on Nigerian banks. DAILY POST recalls that on February 6, the apex bank Governor, Dr Olayemi Cardoso, unveiled plans to introduce a new foreign currency gateway bank to ease the country’s forex crisis. However, Fitch Ratings believes the move will hurt Nigeria’s banking sector. “The Governor of the CBN, Yemi Cardoso, also announced plan…

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