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Can the city afford to maintain its current work force? “The answer to that is clearly ‘no,’ ” said Jim Roberts, a lawyer who coordinates the financially distressed city’s recovery process. - allafrica.com
Following the current crisis in the capital market, experts in the nation's financial industry have faulted the Central Bank of Nigeria's (CBN) directive on banks asking them to restructure their margin facilities, stating that such action will haunt the banks in the near future.