Banks at risk over oil price slump, energy firms’ indebtedness

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Banks at risk over oil price slump, energy firms’ indebtedness – CBN

« on: May 18, 2015, 07:01:19 am »

Banks at risk over oil price slump, energy firms’ indebtedness – CBN

The Central Bank of Nigeria, CBN, has warned that financial institutions in Nigeria will be at grave risk in 2015 due to the low prices of crude oil in the international market and their huge exposure to oil and gas firms.

The post Banks at risk over oil price slump, energy firms’ indebtedness – CBN appeared first on Vanguard News.

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