Bank credit to oil and gas companies in Nigeria rose 78 percent to N11.8 trillion ($27 billion) in 2023 with the naira devaluation stoking the surge.
Findings showed the oil and gas sector topped all sectors with the highest bank credit allocation, outpacing manufacturing (N7.73 trillion) a
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.