Effects of Global Decline in Oil Price on the Financial Performance of Selected Deposit Money Banks in Nigeria

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The global decline in oil price has had a significant effect on the Nigerian economy especially the banking sector and this has led to some banks; revenue shortfalls, increase in their non-performing loans, layoff of staff, decrease in the bank deposit base, deterioration of the bank’s asset quality, and reduction in the volume of transactions etc. Therefore, the main objective of this...

Published at International Journal of Energy Economics and Policy

Volume 9

Issue 3

Pages 187-195

Published in 2019

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visit (https://doi.org/10.32479/ijeep.7514)

Godswill Osagie Osuma, Abiola Ayopo Babajide, Ochei Ailemen Ikpefan, Emeka Bennett Nwuba, Pelumi Wuraola Jegede

Osuma Godswill » Mr. Osuma Godswill Holds a B.sc degree from Landmark University (2014) were he graduated with a First Class honors, M.sc from Covenant University (2018). He is currently a lecturer in the Department of Banking and Finance, Covenant University. He has an overriding goal to be the best at whatever he does which made him receive the Chartered Institute of Bankers of Nigeria (Kwara chapter) award... view full profile