Nigerian Banks’ Investment Securities Surge by 76% due to Naira Devaluation

Nigerian Banks’ Investment Securities Surge: A Devaluation Dividend? In a surprising turn of events, Nigerian banks have seen their investment securities grow by a staggering 76% due to the devaluation of the Naira. This unexpected development raises a number of intriguing questions about the future of banking and investment in Nigeria. Devaluation: A Blessing in …

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