$7 Billion in Oil Debt Has Nigerian Banks Holding Back Lending | HappeningNow.news

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$7 Billion in Oil Debt Has Nigerian Banks Holding Back Lending

Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector.

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Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… A few Nigerian oil and gas companies owe local banks about $7 billion, and the fallout is reaching well beyond those borrowers, according to billionaire Aliko Dangote.

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