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Published On: Sat, Feb 22nd, 2014

New CBN governor may favour bank stocks

Nigerian bank stocks beaten down since the start of the year may get some reprieve in the coming months with the nomination of Zenith Bank CEO Godwin Emefiele to the post of Central Bank of Nigeria (CBN) Governor. “We have said for some time that the new person could slow (not reverse) the tightening of…

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