Nigeria: Despite Mounting NPLS, Nine Banks’ Exposure to Oil & Gas Increase to N15.6trn

[This Day] Amid growing Non-Performing Loans (NPL) and unstable global oil prices, a total of nine banks' exposure to the Oil & gas sector increased to N15.6 trillion in 2024, representing about 94.4per cent increase from N10.17 trillion reported in 2023 financial year.

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