Trends - Nigeria - Business Recorder

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

World

Twitter back in Nigeria after seven-month blackout

ABUJA: Twitter was accessible in Nigeria on Thursday after the government lifted a seven-month ban on the social...

Published 13 Jan, 2022 01:17pm

Markets

Nigeria shuts 504MW power plant after Total's gas line vandalised

ABUJA: Nigeria has shut a 504 megawatt gas power plant in the Niger Delta after the TotalEnergies declared force...

Published 11 Jan, 2022 11:10am

World

Death toll in Nigeria attacks climbs to 200: govt

ABUJA: Gunmen in Nigeria killed at least 200 people in multiple raids this week in Nigeria's northwest Zamfara ...

Published 09 Jan, 2022 03:02pm

World

Gunmen torch bus, kill 30 passengers in Nigeria's Sokoto state

BAUCHI: At least 30 passengers on a bus in Nigeria's Sokoto state were burnt to death when gunmen torched it on...

Published 08 Dec, 2021 12:37pm

Markets

Nigerian wellhead has spilled 2m barrels of oil and gas

ABUJA: A wellhead leak in Nigeria’s Bayelsa state has spewed two million barrels of oil and gas equivalent into ...

Published 08 Dec, 2021 06:22am

World

Nigeria confirms first cases of Omicron among travellers from South Africa

ABUJA: Nigeria confirmed its first cases of the Omicron COVID-19 variant among two travellers who arrived from South...

Published 01 Dec, 2021 12:58pm

Business & Finance

2nd Pakistan-Africa trade moot begins at Lagos today

ISLAMABAD: As a part of Ministry of Commerce’s Look Africa Policy, the second Pakistan Africa Trade Development...

Published 23 Nov, 2021 03:54am

World

18 killed in Niger goldmine collapse

NIAMEY: Eighteen people died when an artisanal goldmine collapsed on Sunday in southern Niger near the border with...

Published 09 Nov, 2021 04:48am

World

Death toll in Nigeria high-rise collapse rises to 36

LAGOS: The death toll from the collapse of a high-rise building in an upscale area of Nigeria's commercial capital...

Published 04 Nov, 2021 01:57pm

World

Nigeria races to find survivors as 22 die in building collapse

LAGOS: Rescuers in Nigeria on Wednesday raced to find survivors, two days after a high-rise building under...

Published 03 Nov, 2021 12:29pm

World

Gunmen kill 18 at mosque in northern Nigeria's Niger state

MAIDUGURI: Armed men on motorbikes killed at least 18 people at a mosque in Niger state in northern Nigeria, two...

Published 26 Oct, 2021 11:10am