Nigeria’s inflation rate drops, food prices up

Nigeria’s annual inflation rate marginally slowed for an eighth month in September, easing to 15.98 percent, the National Bureau of Statistics (NBS) said on Tuesday in its latest publication of the Consumer Price Index.

UBA records 25% growth in Q3 gross earnings

United Bank for Africa Plc on Monday, October 16 joined the league of banks recording impressive financials with its financial report for the nine months (Q3) ended September 30, 2017 looking good.

Nigeria, Ghana sign pact on maritime operations

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with the Ghanaian Maritime Authority (GMA).
This is line with its vision to enhance regional integration to develop capacity.

$25b NNPC scam: No $money missing, says presidency

The Presidency has faulted reports that $25bn worth of oil contracts were awarded by the Nigerian National Petroleum Corporation (NNPC) or that $25bn was missing in the NNPC.

Buhari terminates NPA, Intels Pilotage Agreement

The Federal Government has directed the Nigerian Ports Authority (NPA) to terminate its boats pilotage monitoring and supervision agreement with Intels Nigeria Limited, a leading integrated logistics and facilities services provider in the maritime and oil and gas logistics sectors of the country

Nigeria's Dangote no longer interested in South African PPC tie-up

By Reuters

Buhari aappoints new deputy governor of CBN

Buhari aappoints new deputy governor of CBN

CBN recovers N50b banks’ excessive charges

Efforts to ensure Deposit Money Banks (DMBs) play by the rules are yielding significant results as the Central Bank of Nigeria (CBN) has recovered over N50 billion excessive charges.

GSSB rates Zenith Bank high on adoption of global sustainability standards

Zenith Bank Plc has been rated the first Nigerian company and first African financial institution to adopt the Global Reporting Standards on sustainability of the Global Sustainability Standards Board.