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Fitch places Ecobank rating on negative watch as naira devaluation weighs

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Ecobank Nigeria is particularly susceptible on account of the elevated risk around the capital from its huge impaired loans that are denominated in foreign currency.

The post Fitch places Ecobank rating on negative watch as naira devaluation weighs appeared first on Premium Times Nigeria.

Source: Premium Times - Nigeria leading newspaper for news, investigations

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