Nigerian banks all face a varying degree of uncertainty moving forward through the era of lower crude oil prices. Photo by vanhurck/Shutterstock The ability of Nigerian banks to face economic headwinds from lower energy prices varies though its economy remains attractive, Moody’s Investors Service said. Moody’s Investors Service said the number of non-performing loans, those for which the borrower is not making payments, is on pace to increase to around 12 percent over the next year, compared with the 5 percent on the books for Nigerian banks as recently as December. In terms of momentum, Moody’s said Nigeria has the potential to grow and attract investments even as militant activity in the oil-rich Niger Delta and lower crude oil prices threatens its overall economy. Meeting during the weekend in Washington D.C. with the World Bank and International Monetary Fund, Nigerian Finance Minister Kemi Adeosun said the country was ready […]