Nigerian govt’s N18.1tr debt exposes banks to high risk – IMF - Ripples Nigeria

The International Monetary Fund (IMF) said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt owed to the lenders. Governments look to domestic banks for loans to support their budget deficit, a…

The International Monetary Fund (IMF) said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt owed to the lenders. Governments look t… [+2241 chars]

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