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High debt, low deposits puts Nigeria’s banks on the line

High debt, low deposits puts Nigeria’s banks on the line

Ahmed Idris (Al Jazeera) Economists are warning bad debt and low savings are threatening the survival of many commercial banks in Nigeria. Millions of people do not deposit their savings in banks and the wealthy choose to invest elsewhere. The country’s central bank says just two percent of Nigeria’s 190 million people have savings of at […]
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