Showing posts with label Central Bank of Nigeria; Oil & Gas Projects; Asset Management Corporation of Nigeria. Show all posts
Showing posts with label Central Bank of Nigeria; Oil & Gas Projects; Asset Management Corporation of Nigeria. Show all posts

Wednesday, August 31, 2016

₦2.2tr Oil Loans Upset Banks

Central Bank of Nigeria
Nigerian banks have become very stringent in funding oil and gas projects owing to a doubtful balance sheet position and inability of firms to service previous loans worth more than ₦2.2 trillion.