Nigerian banks find Naira cheer short-lived as economy sinks

*Economy heading for recession risks spurring bad loan charges *RenCap, Exotix say banks may still benefit from Naira’s drop 02 July 2016, Lagos — Optimism that a devaluation of Nigeria’s naira would breathe life into the country’s banking stocks faded almost as quickly as it started. The central bank’s abandoning of a 16-month currency peg […] More »