Twelve Nigerian banks grew profit 3 percent in the first three months of the year at N262.1billion from N253.87billion amid regulatory headwinds that have continued to squeeze lenders’ deposits with the Central Bank of Nigeria (CBN) and the impact of COVID-19 in the latter part of the period.
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Olufikayo Owoeye
Olufikayo is a graduate of Computer Science with Economics from the prestigious Obafemi Awolowo University Ile-Ife. Prior to joining BusinessDay, he has worked with some notable media outfit in the country. Armed with training in Consulting and Investment banking from Edubridge Academy. He has a very keen interest in Emerging markets, Politics, Mergers and Acquisition. He loves traveling and watching football. You can contact him via [email protected]
