MTN met deadline to respond to $2 billion Nigerian tax demand –judge

West Africa Crude-Nigerian diffs edge lower but supported by BP bids

Nigerian crude differentials eased slightly on Wednesday and traders said the market appeared to be running out of steam after its recent run higher that was backed by a flurry of purchases from BP. NIGERIA: * BP bid for cargoes of Qua Iboe, Bonga and Forcados for loading in late October, but at lower levels […]

Jaiz Bank posts N540m half year profit

Jaiz Bank Plc has posted a profit of N540.212 million in the first half of the year as against N152.673 million realized in the corresponding period of 2016, showing an impressive growth of 254%. The unaudited report submitted to the Nigerian Stock Exchange shows that the bank grew its total assets to N80.662 billion in […]

Commentary: Nigerian-Born Economist Best to Lead the WTO

By Jendayi Frazer, Rosa Whitaker The tariff wars of U.S. President Donald Trump’ administration have garnered enormous press coverage over the past four years, and rightly so. They have pitted America against the other major economies in the world in head-to-head high-stakes disputes. Global trade practitioners, however, have been equally focused on a battleground far […]