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Nairaland Forum / Nairaland / General / Business / Uneasy Calm In Banking Sector Over Oil Industry Exposure (428 Views)
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Uneasy Calm In Banking Sector Over Oil Industry Exposure by Adesiji77: 9:23am On Jul 09, 2016 |
In light of the huge indebtedness of oil and gas firms and the rising inability of most of the oil firms to meet their debts obligations to the banks, uneasy calm and palpable fear currently pervade the Nigerian financial sector with the recent takeover of Skye Bank Plc by the Central Bank of Nigeria, CBN. Skye Bank’s Chairman, Managing Director and other key management staff were forced to resign, while the Board of the bank was reconstituted by the CBN. Read more at: http://www.vanguardngr.com/2016/07/skye-bank-uneasy-calm-banking-sector-oil-industry-exposure/ lalasticlala, dominique, Mynd44, davide470 |
Re: Uneasy Calm In Banking Sector Over Oil Industry Exposure by Benjom(m): 9:43am On Jul 09, 2016 |
Every sector is now experiencing this unwholesome economic bite. The Lord is our strength. |
Re: Uneasy Calm In Banking Sector Over Oil Industry Exposure by kennyman2000(m): 10:59am On Jul 09, 2016 |
It's well |
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