Fitch warns climate risks could weaken Nigerian banks’ credit quality

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Fitch Ratings has warned that climate-related risks could negatively affect the credit quality and asset profiles of Nigerian banks in the coming decades. Increased exposure to climate change poses significant financial challenges to the Nigerian banking sector.

Nigerian banks are increasingly exposed to climate-related risks that could materially affect their credit profiles and asset quality over the coming decades. The post Fitch warns climate risks could weaken Nigerian banks’ credit quality appeared first on Nairametrics.