Is the Exit of Global Banking Giants from Nigeria a Bad Sign?
The Central Bank of Nigeria has revealed that HSBC and UBS have closed their offices and shut down operations in Nigeria. The central bank has admitted that foreign investment fell to U.S.$1.2 billion in the first half of the year from U.S.$1.7 billion a year.
Global banking giant, HSBC.
Vanguard, 4 November 2018
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