Trends - Nigeria - Business Recorder

Business & Finance

OPEC oil output falls on Saudi cut and Nigerian outage

LONDON: OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+...

Published 01 Aug, 2023 06:19am

World

West African leaders meet over Niger coup, junta warns against intervention

NIAMEY/ABUJA: Niger’s military leaders warned against any armed intervention in the country as West African leaders...

Published 30 Jul, 2023 10:11am

World

Chinese warships on ‘port call’ in Nigeria

LAGOS: Three Chinese warships are visiting Nigeria as part of growing naval cooperation between the two countries,...

Published 03 Jul, 2023 07:57pm

Business & Finance

Nestle ramps up Nigeria raw material sourcing as forex squeeze bites

LONDON: Food giant Nestle’s businesses in Nigeria and other African countries are ramping up sourcing of local raw...

Published 26 Jun, 2023 12:11pm

World

More than 100 dead in Nigeria river boat accident

KANO: More than 100 people have drowned in north central Nigeria after a boat carrying families returning from a...

Published 14 Jun, 2023 11:16am

Technology

India, Turkiye, Nigeria threatened to shut down Twitter, founder says

WASHINGTON: Twitter was threatened with shut down in India, Nigeria and Turkiye unless it complied with orders to...

Published 13 Jun, 2023 10:17am

Pakistan

IATA says blocked airline funds by countries including Pakistan threaten connectivity

Pakistan is among the top five nations in the world that have blocked airline funds

Updated 05 Jun, 2023 04:37pm

World

At least four Nigerians killed in attack on U.S. convoy: Blinken

WASHINGTON: At least four Nigerians were killed in an attack on a convoy of two U.S. government vehicles in Nigeria...

Published 17 May, 2023 11:28pm

World

Fifteen children drown, 25 more missing in Nigeria boat tragedy

KANO: Fifteen children drowned and 25 others were missing after their overloaded boat capsized on a river in...

Published 11 May, 2023 05:54am

Business & Finance

Nigerian Minister, Commerce Minister discuss bilateral ties

ISLAMABAD: A four-member delegation led by Hadi Sirika, the Minister for Aviation of Nigeria, called on Federal...

Published 07 May, 2023 03:21am

World

Nigeria inflation quickens to 22.04% in March

LAGOS: Nigeria’s annual inflation accelerated to 22.04% in March from 21.91% in the previous month, its bureau of...

Published 15 Apr, 2023 05:56pm

Markets

Shell reports sharp fall in Nigeria oil spills after shutdown

LONDON: Shell on Thursday reported a sharp fall in oil spilled as a result of sabotage in Nigeria’s oil-rich Delta...

Published 09 Mar, 2023 02:48pm

World

Nigeria’s Tinubu declared president-elect after disputed election

ABUJA: Nigeria’s electoral commission on Wednesday declared ruling party candidate Bola Tinubu president-elect after...

Published 01 Mar, 2023 11:47am

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

Business & Finance

Nigerian, Kenyan, Zambian and Ugandan currencies seen weakening

NAIROBI: The Nigerian, Kenyan, Zambian and Ugandan currencies are seen weakening in the week to Thursday, due to...

Published 02 Jan, 2023 05:54am

Markets

Shell to pay 15mn euros to Nigerian farmers over pollution

THE HAGUE: Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from...

Published 23 Dec, 2022 06:32pm

Markets

Nigeria raises cash withdrawal limits after public outcry

LAGOS: Nigeria’s central bank has announced substantial increases in limits on weekly cash withdrawals following...

Published 22 Dec, 2022 12:01pm

Business & Finance

Ghosts of insecurity, inflation haunt Nigeria Christmas present

LAGOS: This year will be the fourth year running that Seyi Anne Moses has had to decide against going home to see...

Published 21 Dec, 2022 12:12pm

World

EU agrees ban on imports driving deforestation

BRUSSELS: The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa and...

Published 07 Dec, 2022 05:54am

Pakistan

Nation cannot progress until rule of law prevails: Imran Khan

Says all underdeveloped nations have low adherence to law

Published 20 Oct, 2022 09:03pm

World

Nigeria floods toll has passed 600: government

LAGOS: More than 600 people are now known to have perished in the worst floods in a decade in Nigeria, according to...

Published 17 Oct, 2022 09:45am

World

Nigeria floods kill 500, displace 1.4 million people

ABUJA: About 500 people have died in Nigeria’s worst floods in a decade and 1.4 million others been displaced from...

Published 12 Oct, 2022 10:17pm

Business & Finance

Dubai’s Emirates to resume Lagos flights after Nigeria releases funds

DUBAI: Emirates will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion...

Published 01 Sep, 2022 12:41pm

Business & Finance

Emirates to suspend Nigeria flights from September over trapped funds

LAGOS: Dubai’s Emirates will suspend flights to Nigeria from next month over an inability to repatriate funds from...

Published 18 Aug, 2022 01:24pm

Print

Gunmen kill six in central Nigeria

KANO, (Nigeria): Gunmen have killed six people, including two Indians, in Nigeria’s Kogi state, police said...

Published 07 Aug, 2022 05:41am

Markets

Nigeria assumes $70 oil price for 2023 budget: finance minister

ABUJA: Nigeria will assume a $70 oil price for its 2023 budget and crude output of 1.6 million barrels per day ...

Published 28 Jul, 2022 04:41am

Markets

IMF sees Nigeria GDP growing 3.4% in 2022, inflation staying high

Nigeria’s real GDP growth is broadening to all sectors except oil but inflation remains elevated, the International...

Published 16 Jun, 2022 01:35pm

Print

OPEC oil output in April barely rises as African outages weigh: survey

LONDON: The increase in OPEC’s oil output in April undershot the rise planned under a deal with allies, a Reuters...

Updated 03 May, 2022 09:15am

World

Eight dead, 23 rescued in Nigeria building collapse

LAGOS: A three-storey mainly residential building has collapsed in Nigeria’s commercial capital Lagos, killing eight...

Published 02 May, 2022 01:29pm

Markets

Nigeria eyes Standard Chartered rail project loan after Chinese hold up

LAGOS: Nigeria has approached Standard Chartered Bank for funding of two rail projects, its Transport Minister ...

Published 03 Feb, 2022 12:33pm