One of the challenges facing the banking industry in Nigeria is

  • A ensuring technological security
  • B providing employment
  • C providing loans for investment
  • D creating more money
jamb 2014economics

The correct answer is C. providing loans for investment

Some challenges faced by nigerian banks;

Weak capital base. 

Ethics and professionalism.

Poor corporate governance practices. 

Reliance on public sector funds. 

Slow GDP growth.

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