Fitch warns, holding company rules may force Nigerian banks to restructure offshore units

Nigerian banks with foreign subsidiaries may be forced to restructure their African operations if the Central Bank of Nigeria (CBN) proceeds with its proposed new rules for Financial Holding Companies (FHCs), Fitch…

Nigerian banks with foreign subsidiaries may be forced to restructure their African operations if the Central Bank of Nigeria (CBN) proceeds with its proposed new rules for Financial Holding Companies (FHCs), Fitch…

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