Cheap oil will test Nigerian banks' resilience

With banks highly reliant on oil sector lending, prolonged low energy prices are raising default risks

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In this article

  • Oil dependency
  • Asset quality
  • Foreign exchange risk
  • Stress tested
  • Tightened regulations
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.