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BRIEF-‍Fitch says very high Nigerian treasury bill yields are helping banks maintain margins​
October 27, 2017 / 10:08 AM / a month ago

BRIEF-‍Fitch says very high Nigerian treasury bill yields are helping banks maintain margins​

Oct 27 (Reuters) -

* ‍Fitch says very high Nigerian treasury bill yields are helping banks to maintain their margins​

* Fitch says ‍high yields on Nigerian​ banks’ investments in t-bills are offsetting rise in funding costs

* ‍Fitch says Nigerian banks’ lending opportunities have been constrained by weak economic growth, continued soft oil prices and sluggish consumer demand​

* ‍Fitch says consider Nigerian banks’ capital adequacy to be weak, in general​

* ‍Fitch says high yields on Nigerian banks’ investments in t-bills compensating for scarcity of opportunities for profitable new lending to private sector​ Source text for Eikon:

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