Banks’ profit spikes  on new CBN rules

Banks’ profit spikes on new CBN rules

The foreign exchange policies introduced by the Central Bank of Nigeria (CBN) have spurred banks to growth as second quarter profit spiked. The cumulative net income of the 13 lenders that have released Half Year 2017 results spiked by 26 percent to N332.08 billion in June 2017, according to data compiled  by BusinessDay.   The…

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