In the face of a not-too-good outlook for the Second Quarter of 2023, the CEO of Cowry Asset Management, Johnson Chukwu, suggested that Nigeria Banks should consider cross-border expansions and other investments to remain relevant.
“The transition to Holdco structures will give Nigerian banks more leverage to diversify their earnings in the face of tight monetary policy regime, thus enhancing their topline”, he said.
Source: News Formal (newsformal.com)
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