Nigeria Today: Top 5 News Stories, Thursday, Oct 20, 2016

1. The Central bank of Nigeria discloses banks with lowest and highest lending rates, and will subsequently do so every Wednesday in selected national newspapers and on the CBN website.
2. ExxonMobil sells 60% equity stake in Mobil Oil Nigeria to NIPCO.
3. The International Monetary Fund, IMF, predicts that Nigeria will return as Africa’s largest economy and the country’s economy will grow by 0.6% in 2017.
4. In the spirit of fostering the growth of businesses, Uber Nigeria partners with First Bank and other financiers in making low-interest used-vehicle loans to driver-partners.
5. GTBank reports a 59% growth in profit after tax.

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