Nigerian banks lack enough dollar liquidity to fund Shell Petroleum divestment from onshore assets ~GTB Boss

Nigerian banks lack enough dollar liquidity to fund Shell Petroleum divestment from onshore assets ~GTB Boss: Nigerian banks may not have enough dollar liquidity to fund clients seeking to acquire oil assets put on sale by the local unit of Royal Dutch Shell Plc, the country’s biggest lender said. Guaranty Trust Bank Plc doesn’t see the likelihood of any client raising the estimated $2.3 billion needed ...