- 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.
- ExxonMobil sells 60% equity stake in Mobil Oil Nigeria to NIPCO.
- 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.
- 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.
- GTBank reports a 59% growth in profit after tax.
