One of the world's major oil producers could face a huge problem in 2016

Tife Owolabi/Reuters This coming year is shaping up to be a difficult one for economies that are disproportionately dependent on oil. This is especially true for Nigeria, where there's a possibility of renewed conflict in the country's oil-producing Niger Delta region, according to SBM Intelligence's recently published "Nigeria in 2016" report. The global oil picture is stacked against countries like Nigeria, in which oil constitutes some 10% of the country's GDP. Oil plunged to under $38 a ...