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1000Reasons

2008Event

Global financial crisis hits Nigerian markets

Nigeria's capital market and banking sector came under stress as global financial conditions tightened.

Hall of FameFourth Republic

2008

Global financial crisis hits Nigerian markets

Nigeria's capital market and banking sector came under stress as global financial conditions tightened.

1000reasons.voteEditorial timeline entry

What happened

Nigeria's capital market and banking sector came under stress as global financial conditions tightened. The CBN later diagnosed governance and risk-management failures in banks.

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