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Don’t just focus on profits, Tinubu tells banks

From Vanguard · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Bola Tinubu challenged Nigerian banks to contribute more actively to economic growth and citizens’ welfare.
  • The president said banks should look beyond profitability and reconsider their approach to risk.

President Bola Tinubu has challenged Nigerian banks to look beyond profits and play a more active role in driving economic growth.

Tinubu urged the banks to rethink how they approach risk and contribute more directly to improving the welfare of Nigerians. He said strong profits alone were no longer enough.

About this summary

Originally published by Vanguard. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.