Lagos — The outlook for the Nigerian banking system remains stable as banks' foreign currency liquidity risks moderate due to rising oil prices and a more liberal foreign exchange policy, says Moody's Investors Service in a report published today.
The report, "Banking System Outlook -- Nigeria; Liquidity risks have eased but earnings pressure and loan quality risks remain" is now available on www.moodys.com. Moody's subscribers can access this report via the link at the end of this press release. The research is an update to the markets and does not constitute a rating action.
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