Four Nigerian banks trade below minimum liquidity ratio – MPC members

Four Nigerian banks trade below minimum liquidity ratio – MPC members: Four Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the minimum requirement, two members of the central bank monetary policy committee said in statements on the bank’s website. They did not name the lenders but said the four banks together were equivalent to at least one systemically important bank, policy-setter Doyin Salami said in his statement, published late on Tuesday(Source: Reuters)

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