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Union Bank, First Bank and United Bank for Africa control over a third of the sector. Mid-level banks range from stars to the technically insolvent. Small banks often survive and even thrive by foreign currency deals and high-risk loans to importers. All spend fortunes on the abilities and connections of their chief executives....

(This article contains approximately 489 words)

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Keywords:

Otunba Subomi Balogun, Ladi Balogun, Pascal Dozie, Samuel Asabia, Bernard Longe, Oba Otudeko, Hakeem Bello-Osagie, Yahaya Dikko, Sani Abacha, Tiamiyu Bello-Osagie, Arnold Ekpe, Mohammed Hayatudeen, Atedo Peterside, Jim Ovia, Marc Wabara, Alphonsus Nwosu, Mike Adenuga, Ibrahim Babangida, Wunderkind

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africa(2) banks(4) bello-osagie(2) cbn(2) clashing(2) currency(2) diamond(2) director(2) forex(3) government(2)