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Monday, 15 November 2021

IMF Ranking and the Future of Banking in Nigeria

IMF Ranking and the Future of Banking in Nigeria: A recent report by the International Monetary Fund (IMF) has shown that Nigerian banks closed 234 branches and 649 Automated Teller Machines (ATMs) in 2020 leading to a decline in the country’s Financial Access Score (FAS) to 4.44 last year against 4.78 in 2019.

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