Nigerian banks recorded 76 percent growth in investment securities in H1 2023 as dollar assets were revalued upward on the back of naira devaluation.
Twelve banks listed on the Nigerian Exchange Group recorded investment securities worth N25.56 trillion in H1 2023, an increase from N14.51 trillio
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
